PROPOSED OFFERINGS RECENTLY FILED WITH THE SEC
The following proposed securities
offerings were filed recently with the Securities and Exchange
Commission:
    Mead Corp <MEA> - Shelf offering of up to 150 mln dlrs of
debt securities, including debentures and notes.
    Philadelphia Electric Co <PE> - Shelf offering of up to 250
mln dlrs of first and refunding mortgage bonds.
    Hechinger <HECHA> - Offering of 100 mln dlrs of convertible
subordinated debentures due 2012 through Morgan Stanley and Co
Inc.
    UAL Inc <UAL> - Shelf offering of up to 200 mln dlrs of
debentures due March 31, 1997 and 2,564,102 shares of common
stock.
 Reuter
