SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549




                                    FORM 8-K

                                 CURRENT REPORT




     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934



         Date of Report (Date of earliest event reported): June 30, 1998





                      The Cincinnati Gas & Electric Company
             (Exact name of registrant as specified in its charter)




      Ohio                    1-1232                    31-0240030
(State or other             (Commission               (IRS Employer
jurisdiction of             File Number)            Identification No.)
 incorporation)






                  139 East Fourth Street, Cincinnati, OH 45202
              (Address of principal executive offices) (Zip Code)





       Registrant's telephone number, including area code: (513) 381-2000










                              ITEM 5. OTHER EVENTS.


The Cincinnati Gas & Electric Company (Company),  a subsidiary of Cinergy Corp.,
will provide additional  reserves of $58 million ($37 million after tax), in the
second  quarter of 1998 for its  electric  trading  business.  These  additional
reserves  reflect the results of the  Company's  reassessment  of the basis upon
which it provides reserves, including those for credit exposure, on its existing
contracts.

The Company  expects no realized loss from its trading  operations in the second
quarter of 1998,  despite  dramatic swings in the  electricity  market caused by
unseasonably  hot  weather in June,  scheduled  and  unplanned  generating  unit
outages in the region and  defaults by several  power  marketers on their supply
obligations.  The Company  considered  the effects of these events in estimating
the value of its existing contract positions.











                                   SIGNATURES


Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.



                                   The Cincinnati Gas & Electric Company
                                              (Registrant)




Date:  July 15, 1998        By:             /s/ John P. Steffen
                                               John P. Steffen,
                                        Vice President and Comptroller
                                                (Signature)