CENTRAL POWER & LIGHT CO /TX/
35-CERT, 2000-01-18
ELECTRIC SERVICES
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                                  UNITED STATES

                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549





Public Utility Holding Company Act of 1935
File No. 70-8345
Report For Period: October 1, 1999 to December 31, 1999



In the Matter of:

CENTRAL POWER AND LIGHT COMPANY
CENTRAL AND SOUTH WEST
CORPORATION




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 October 1, 1999 through December 31, 1999.



<PAGE>


The  requested  information  for the  reporting  period  October 1, 1999 through
December 31, 1999, is as follows:


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

- --------------------------------------------------------------------------------
PERIOD OF
TIME RAILCARS      None           None      None during     None
ARE LEASED        During         during       quarter      during
TO                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          1,439*         0          2,678
RAILCARS
OWNED
- --------------------------------------------------------------------------------
* Change from 3rd quarter due to 33 SWEPCO cars  destroyed  in a  derailment  on
10/24/99.


                                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 January, 2000.

                                            Central Power and
                                                  Light Company

                                            /s/  R. Russell Davis
                                            -----------------------
                                            R. Russell Davis
                                            Controller and Chief
                                            Accounting Officer



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