COLUMBIA GAS <CG> IN SINKING FUND REDEMPTION
Columbia Gas System INc said
that on June 1 it will redeem 1.4 mln dlrs principal amount of
its 9-7/8 pct debentures, series due June 1999, to meet
mandatory sinking fund requirements.
    The debentures w, issued in 1974, will be redeemed at a
price equal to 100 pct of the principal amount plus accrued
interest.
    Following redemption, 27.4 mln dlrs of the debentures will
be outstanding.
 Reuter
