AMERICAN ELECTRIC POWER COMPANY INC
35-CERT, 1995-07-26
ELECTRIC SERVICES
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<PAGE>
                    UNITED STATES OF AMERICA
                           before the 
               SECURITIES AND EXCHANGE COMMISSION

__________________________________________ 
                                          :
       In the Matter of                   :
                                          :
  AMERICAN ELECTRIC POWER COMPANY, INC.   :  CERTIFICATE
          Columbus, Ohio  43215           :       OF
                                          :  NOTIFICATION
               (70-5943)                  :
                                          :
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935:
__________________________________________:

     THIS IS TO CERTIFY that, in accordance with the terms and
conditions of and for the purposes represented by the
declaration, as amended, of American Electric Power Company, Inc.
(the "Company") in the above-captioned file and the orders of the
Securities and Exchange Commission with respect thereto (HCAR No.
19879, dated February 8, 1977; HCAR No. 19992, dated April 19,
1977; HCAR No. 20111, dated July 14, 1977; HCAR No. 20506, dated
April 19, 1978; HCAR No. 20979, dated March 29, 1979; HCAR No.
21180, dated August 8, 1979; HCAR No. 21544, dated May 1, 1980;
HCAR No. 22113, dated June 30, 1981; HCAR No. 22539, dated June
15, 1982; HCAR No. 22989, dated June 29, 1983; HCAR No. 23353,
dated June 29, 1984; HCAR No. 23538, dated December 19, 1984;
HCAR No. 23754, dated July 1, 1985; HCAR No. 23980, dated January
3, 1986; HCAR No. 24534, dated December 18, 1987, and HCAR No.
25936, dated December 1, 1993) during the period from April 1,
1995, through June 30, 1995, the Company issued a total of
350,000 shares of its Common Stock, $6.50 par value ("Common
Stock"), to Stanley & Co. [a nominee of First Chicago Trust
Company of New York ("First Chicago")], at a total purchase price
of $12,070,800.00, for the accounts of participants in the
Company's Dividend Reinvestment and Stock Purchase Plan (the
"Plan").  During such period, First Chicago, as Agent under the
Plan, also purchased on the open market for the accounts of
participants a total of 165,972 shares of the Company's Common
Stock, at a total purchase price of $5,576,283.49.  These
transactions are set forth in more detail in the attached
Schedule I, incorporated herein by reference.  

     Attached hereto is Schedule II, which provides a summary of
the total expenses incurred, directly or indirectly, by the
Company in connection with the operation of the Plan for the year
ending December 31, 1994.

                         AMERICAN ELECTRIC POWER COMPANY, INC.



                         By:___/s/ G. P. Maloney_____________   
                            Vice President

Dated:  July 26, 1995
I:\FINANCE\AEPCO\95FN0013.AEP
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<PAGE>

                           SCHEDULE I
                               to
             CERTIFICATE OF NOTIFICATION (#70-5943)
                               of
              AMERICAN ELECTRIC POWER COMPANY, INC.
             For the Period April 1 - June 30, 1995

TRANSACTIONS THIS PERIOD:
                    - Original Issue Shares -
                   Shares          Price               Total
  Period           Issued        Per Share        Purchase Price
04/01-06/30        350,000         34.488         $12,070,800.00

                    - Open Market Purchases -
                   Shares       Average Price          Total
  Date            Purchased       Per Share       Purchase Price
04/03/95            13,539         31.908         $   432,002.41
04/04/95            16,270         32.500             528,775.00
04/17/95            13,731         32.625             447,973.88
04/18/95             4,100         31.875             130,687.50
05/01/95             6,942         32.625             226,482.75
05/02/95             5,442         32.375             176,184.75
05/15/95            12,772         33.250             424,669.00
06/01/95             6,769         34.125             230,992.13
06/02/95             1,225         34.875              42,721.88
06/06/95            13,000         34.827             452,751.00
06/07/95            16,200         34.466             558,349.20
06/08/95            13,100         34.393             450,548.30
06/09/95            13,000         33.894             440,622.00
06/12/95            18,469         34.510             637,365.19
06/15/95             9,640         34.750             334,990.00
06/16/95             1,773         34.500              61,168.50


Total O/M Purch.   165,972                        $ 5,576,283.49

                 - Total Activity This Period -

O/I Shares         350,000                        $12,070,800.00
O/M Purchases      165,972                          5,576,283.49
Total Activity     515,972                        $17,647,083.49


CUMULATIVE SUMMARY OF TRANSACTIONS:

                    - Original Issue Shares -
                                   Shares             Total
                                   Issued         Purchase Price
Totals from last report          41,988,533      $765,129,435.09
Transactions this period            350,000        12,070,800.00
   Total Original Issue Shares   42,338,533      $777,200,235.09



                    - Open Market Purchases -
                                  Shares              Total
                                 Purchased        Purchase Price
Totals from last report          19,053,172      $570,039,089.67 
Transactions this period            165,972         5,576,283.49
   Total Open Market Purchases   19,219,144      $575,615,373.16

</PAGE>
<PAGE>
<PAGE>
                           SCHEDULE II
                               to
             CERTIFICATE OF NOTIFICATION (#70-5943)
                               of
              AMERICAN ELECTRIC POWER COMPANY, INC.


                    Summary of Plan Expenses
                       for the year ended
                        December 31, 1994


     Fees and expenses of First Chicago Trust Company of New
     York, the Plan agent:

          Brokers; fees for purchase of shares         $ 47,623

          Account maintenance charges                         *

          Postage                                        41,880

     Printing expenses--DPR statement form,
     authorization cards, and envelopes                  12,899
                                                       ________

               Total                                   $102,402
                                                       ========

     Average number of participants in the
     Plan during the year                                57,809






     *In prior years, the amount was separately identified
     in the billings from our transfer agent.  However,
     beginning in 1991, we negotiated an all-encompassing
     fixed fee with the transfer agent for all transfer
     services it provides.  Accordingly, it is not possible
     to separately identify this amount.  The charge is
     approximately $5.00 per account.









I:\FINANCE\AEPCO\95FN0013.AEP

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