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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
____________________________________________________________________________
Application of UNITIL Corporation )
) CERTIFICATE PURSUANT TO
and its Subsidiaries on Form U-1 ) RULE 24 UNDER THE PUBLIC
) UTILITY HOLDING COMPANY ACT
(File No. 70-8623) ) of 1935
____________________________________________________________________________
Pursuant to the requirements of Rule 24 under the Public Utility
Holding Company Act of 1935, UNITIL Corporation ("UNITIL"), on behalf of
itself and its subsidiaries, Concord Electric Company, Exeter & Hampton
Electric Company, Fitchburg Gas and Electric Light Company, UNITIL Power
Corp., UNITIL Realty Corp., UNITIL Resources Inc. and UNITIL Service Corp.,
hereby files the attached quarterly report as required by the Securities and
Exchange Commission's order approving short-term borrowings by UNITIL and
its subsidiaries and approving the UNITIL System money pool (HCAR. No. 25773;
File No. 70-8066; March 29, 1993; File No. 70-8623; July 11, 1995).
Exhibit
Exhibit A - Quarterly Report of UNITIL Corporation and Its Subsidiaries by
Short-term Borrowings and Money Pool Transactions for the fourth
quarter of 1996.
SIGNATURE
Pursuant to the requirements of the Public Utility Holding Company Act of
1935, the undersigned company has duly caused this Certificate to be signed
on its behalf by the undersigned thereunto duly authorized.
UNITIL CORPORATION
By: /s/ Gail A. Siart
Gail A. Siart
Treasurer and Secretary
Dated: January 30, 1997
EXHIBIT A
QUARTERLY REPORT BY
UNITIL CORPORATION AND ITS SUBSIDIARIES
OF SHORT-TERM BORROWINGS
AND MONEY POOL TRANSACTIONS
FOR THE FOURTH QUARTER OF 1996
Concord Exeter & Hampton Fitchburg
UNITIL Electric Electric Gas & Electric
Corporation Company Company Light Company
(a)
Maximum Principal Amount
of Short-term Borrowings
Outstanding During the
Fourth Quarter:
Money Pool N/A $4,992,531 $3,808,641 $8,508,697
Banks $21,400,000 None None None
(b)
Average Interest Rate for
the Money Pool Borrowings
During the Fourth Quarter* N/A 5.634% 5.631% 5.615%
(c)
Maximum Amount Outstanding
By Company for Each Source
of Outside Borrowings
During the Fourth Quarter:
Bank of Boston $9,415,000 None None None
Fleet Bank - NH $8,000,000 None None None
Shawmut Bank, N.A. $2,000,000 None None None
Citizens Bank $3,000,000 None None None
* Excludes Bank Service and Commitment Fees
EXHIBIT A
QUARTERLY REPORT BY
UNITIL CORPORATION AND ITS SUBSIDIARIES
OF SHORT-TERM BORROWINGS
AND MONEY POOL TRANSACTIONS
FOR THE FOURTH QUARTER OF 1996
UNITIL UNITIL UNITIL UNITIL
Power Realty Service Resources
Corp. Corp. Corp. Inc.
(a)
Maximum Principal Amount
of Short-term Borrowings
Outstanding During the
Fourth Quarter:
Money Pool $4,333,355 $8,378,934 $702,305 $66,653
Banks None None None None
(b)
Average Interest Rate for
the Money Pool Borrowings
During the Fourth Quarter* 5.508% 5.660% 5.622% 5.378%
(c)
Maximum Amount Outstanding
By Company for Each Source
of Outside Borrowings
During the Fourth Quarter:
Bank of Boston None None None None
Fleet Bank - NH None None None None
Shawmut Bank, N.A. None None None None
Citizens Bank None None None None
* Excludes Bank Service and Commitment Fees