AMERICAN ELECTRIC POWER COMPANY INC
35-CERT, 1996-07-15
ELECTRIC SERVICES
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                    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, HCAR No. 26516 dated May 10, 1996)
during the period from April 1, 1996, through June 30, 1996, the
Company issued a total of 317,316 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 $12,836,357.41, 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 79,870 shares of the
Company's Common Stock, at a total purchase price of
$3,250,635.28.  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, 1995.

                         AMERICAN ELECTRIC POWER COMPANY, INC.



                         By:___/s/ A. A. Pena_____________   
                            A. A. Pena, Treasurer

Dated:  July 10, 1996

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                           SCHEDULE I
                               to
             CERTIFICATE OF NOTIFICATION (#70-5943)
                               of
              AMERICAN ELECTRIC POWER COMPANY, INC.
             For the Period April 1 - June 30, 1996

TRANSACTIONS THIS PERIOD:
                    - Original Issue Shares -
                   Shares          Price               Total
  Period           Issued        Per Share        Purchase Price
04/01/96             10,884        41.875             455,767.50
                     11,090        40.213             445,962.17
to                    8,103        40.663             329,492.29
                      6,833        40.788             278,704.40
                      4,440        40.338             179,100.72
06/30/96            276,006        40.388          11,147,330.33

Total O/I Shares    317,356                       $12,836,357.41

                    - Open Market Purchases -
                   Shares       Average Price          Total
  Date            Purchased       Per Share       Purchase Price
06/11/96            73,258         40.738         $ 2,984,384.40 
06/17/96             2,527         40.375             102,027.63 
06/17/96             2,501         40.250             100,665.25
06/17/96               354         40.125              14,204.25 
06/18/96             1,230         40.125              49,353.75

Total O/M Purch.    79,870                        $ 3,250,635.28


                 - Total Activity This Period -

O/I Shares         317,356                        $12,836,357.41
O/M Purchases       79,870                          3,250,635.28
Total Activity     397,226                        $16,086,992.69


CUMULATIVE SUMMARY OF TRANSACTIONS:

                    - Original Issue Shares -
                                   Shares             Total
                                   Issued         Purchase Price
Totals from last report          43,379,711      $819,744,254.17
Transactions this period            317,356        12,836,357.41
Total Original Issue Shares      43,697,067      $832,580,611.58


                    - Open Market Purchases -
                                  Shares              Total
                                 Purchased        Purchase Price
Totals from last report          19,413,174      $582,959,154.40 
Transactions this period             79,870         3,250,635.28
Total Open Market Purchases      19,493,044      $586,209,789.68


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


                    Summary of Plan Expenses
                       for the year ended
                        December 31, 1995


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

          Brokers; fees for purchase of shares         $ 15,933

          Account maintenance charges                         *

          Postage                                        29,339

     Printing expenses--DPR statement form,
     authorization cards, envelopes, and 
     enclosing costs                                     15,592
                                                       ________

               Total                                   $ 60,864
                                                       ========

     Average number of participants in the
     Plan during the year                                56,666






     *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.









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