CENTRAL POWER & LIGHT CO /TX/
35-CERT, 1998-11-12
ELECTRIC SERVICES
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549






- --------------------------------------------------
                                                  :
                In the Matter of                  :
                                                  :
        CENTRAL POWER AND LIGHT COMPANY           :  CERTIFICATE
                                                  :
      CENTRAL AND SOUTH WEST CORPORATION          :       OF
                                                  :
               File No. 70-8345                   :  NOTIFICATION
                                                  :
  (Public Utility Holding Company Act of 1935)    :
- --------------------------------------------------:






    This report is filed under Rule 24 of the Public Utility Holding Company Act
of 1935 by Central  Power and Light  Company  (CPL) a subsidiary  of Central and
South West Corporation  (CSW).  Under HCAR 35-26114 dated August 26, 1994, it is
required that CPL file  quarterly  reports  providing the following  information
with  respect to the leasing of owned trains and  railcars to  nonaffiliates  by
CPL,  Public  Service  Company of Oklahoma  (PSO),  Southwestern  Electric Power
Company  (SWEPCO) and West Texas Utilities  Company (WTU): 1) the period of time
the railcars are leased 2) the number of railcars leased 3) the revenues earned,
variable cost, and  contribution to fixed cost by month from leasing railcars to
nonaffiliates  and 4) the average  number of railcars  owned  during the period.
This report covers the period July 1, 1998 through September 30, 1998.



<PAGE>


The  requested  information  for  the  reporting  period  July 1,  1998  through
September 30, 1998, is as follows:


- --------------------------------------------------------------------------------
                    CPL           PSO          SWEPCO        WTU         TOTAL

- --------------------------------------------------------------------------------
PERIOD OF
TIME RAILCARS      None          None         None          None
ARE LEASED        during        during       during        during
TO                quarter       quarter      quarter       quarter
NON-AFFILIATES

- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
NUMBER OF
RAILCARS
LEASED TO
NON-AFFILIATES       0             0             0            0            0


- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
REVENUE             $0             $0            $0          $0           $0

- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
VARIABLE COST       $0             $0            $0          $0           $0

- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
CONTRIBUTION        $0             $0            $0          $0           $0
TO FIXED COST
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
AVERAGE
NUMBER OF           485           754          1,246          0          2,485
RAILCARS
OWNED
- --------------------------------------------------------------------------------



                                S I G N A T U R E


     As requested  by order of this  Commission  pursuant to the Public  Utility
Holding  Company Act of 1935,  Central  Power and Light  Company has duly caused
this report to be signed on its behalf on this 12th day of November, 1998.

                                            Central Power and Light Company

                                            /s/  R. Russell Davis
                                                 R. Russell Davis

                                                 Controller and Chief
                                                  Accounting Officer



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