FOURTH BANK LOAN CERTIFICATE OF NOTIFICATION
(First Quarter - 1995)
Filed by
GULF POWER COMPANY
Pursuant to order of the Securities and Exchange Commission dated
May 9, 1994 in the matter of File No. 70-8397.
Gulf Power Company (GULF) hereby certifies to said Commission,
pursuant to Rule 24, that, in accordance with the terms and
conditions of and for the purposes represented by the statement
on Form U-1 in the above matter during the first quarter of 1995,
GULF had:-
Short-term and/or term loan notes outstanding - $88,888,000;
Commerical paper to dealers outstanding - $0; and
Non-negotiable promissory notes to public entities in exchange
for the proceeds of their revenue anticipation notes - $0.
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.
Dated: May 1, 1995 GULF POWER COMPANY
By: Wayne Boston
Wayne Boston, Assistant
Secretary<PAGE>