UNITED STATES OF AMERICA
BEFORE THE SECURITIES AND EXCHANGE COMMISSION
_____________________________________________
:
In the Matter of :
:
AMERICAN ELECTRIC POWER COMPANY, INC. : CERTIFICATE OF
1 Riverside Plaza : NOTIFICATION
Columbus, Ohio 43215 : NO. 13
:
(70-8429) :
:
(Public Utility Holding Company Act of 1935) :
_____________________________________________:
THIS IS TO CERTIFY THAT AMERICAN ELECTRIC POWER COMPANY,
INC. ("American"), in accordance with the terms and conditions
of, and for the purposes represented by, the Application -
Declaration herein and the Order of the Securities and Exchange
Commission with respect thereto, dated December 22, 1994, HCAR
No. 35-26200 (the "Order"), has carried out the transactions set
forth below:
1. During the calendar quarter ended March 31, 1998,
American guaranteed the bank loans to AEP Resources
International, Limited ("AEPRIL") listed on Exhibit A attached
hereto.
2. During the calendar quarter ended March 31, 1998,
American guaranteed the bank loans to AEP Resources, Inc.
("Resources") listed on Exhibit B attached hereto.
During the calendar quarter ended March 31, 1998,
Resources made $13,089,000 in capital contributions to AEP
Resources Delaware, Inc. as follows: (i) $180,000 on January 15,
1998; (ii) $4,269,000 on January 12, 1998; (iii) $279,000 on
January 27, 1998; (iv) $4,162,000 on February 13, 1998; and (v)
$4,199,000 on March 12, 1998.
Resources made $6,638,825.16 in capital contributions
to AEP Resources International, Limited ("AEPRIL") as follows:
(i) $2,208,690.00 on January 12, 1998; (ii) $40,664.25 on
February 9, 1998; (iii) $2,154,240.00 on February 13, 1998; (iv)
$62,180.91 on March 4, 1998; and (v) $2,173,050.00 on March 12,
1998.
Resources also made $72,058.84 in capital contributions
to AEP Resources Project Management Company, Ltd. ("AEPPMC") as
follows: (i) $22,310.00 on January 12, 1998; (ii) $5,000.00 on
January 15, 1998; (iii) $410.75 on February 9, 1998; (iv)
$21,760.00 on February 13, 1998; (v) $628.09 on March 4, 1998;
and (vi) $21,950.00 on March 12, 1998.
AEP Resources Delaware, Inc., AEPRIL and AEPPMC are Project
Parents for Nanyang General Light Electric Co. Ltd., a foreign
utility company.
3. Resources made a $4,983,750 capital contribution to AEP
Resources Australia Pty., Ltd. on March 20, 1998. AEP Resources
Australia Pty., Ltd. is a project parent for Pacific Hydro
Limited, a foreign utility company.
4. American's total investments for the year-to-date is
$20,435,000.00.
This Certificate of Notification is filed pursuant to the
Commission's Order in this proceeding.
AMERICAN ELECTRIC POWER COMPANY, INC.
By: /s/ A. A. Pena
Treasurer
May 11, 1998
Exhibit A
AMERICAN ELECTRIC POWER SERVICE CORPORATION
CASH MANAGEMENT SYSTEM
QUARTERLY SHORT-TERM DEBT REPORT
AEP RESOURCES INTERNATIONAL, LIMITED
<TABLE>
<CAPTION>
Issue Maturity Interest Principal Maturity
Date Date Days Rate % Borrowed Interest Value
<S> <C> <C> <C> <C> <C>
01/06/98 01/21/98 15 5.8300 175,000.00 425.10 175,425.10
01/21/98 01/29/98 8 5.7700 175,000.00 224.39 175,224.39
01/29/98 02/18/98 20 5.8300 175,000.00 566.81 175,566.81
02/03/98 02/13/98 10 5.8200 300,000.00 485.00 300,485.00
02/13/98 02/26/98 13 5.7700 300,000.00 625.08 300,625.08
02/18/98 02/26/98 8 5.8000 175,000.00 225.56 175,225.56
02/26/98 03/16/98 18 5.8300 475,000.00 1,384.63 476,384.63
03/16/98 03/27/98 11 5.9600 200,000.00 364.22 200,364.22
03/27/98 04/15/98 19 5.9000 200,000.00 622.78 200,622.78
TOTAL $ 2,175,000.00 $ 4,923.57 $ 2,179,923.57
AEP RESOURCES INTERNATIONAL, LIMITED TOTAL $ 2,175,000.00 $ 4,923.57 $ 2,179,923.57
</TABLE>
Average Number of Days 13.56
Weighted Average Rate 5.8315
Exhibit B
AMERICAN ELECTRIC POWER SERVICE CORPORATION
CASH MANAGEMENT SYSTEM
QUARTERLY SHORT-TERM DEBT REPORT
AEP RESOURCES, INC.
<TABLE>
<CAPTION>
Issue Maturity Interest Principal Maturity
Date Date Days Rate % Borrowed Interest Value
<S> <C> <C> <C> <C> <C>
01/02/98 01/29/98 27 5.8900 $ 15,000,000.00 $ 66,262.50 $ 15,066,262.50
01/02/98 02/13/98 42 5.8892 18,250,000.00 125,390.88 18,375,390.88
01/12/98 03/02/98 49 5.7600 6,600,000.00 51,744.00 6,651,744.00
01/14/98 01/29/98 15 5.8000 1,500,000.00 3,625.00 1,503,625.00
01/23/98 01/29/98 6 5.8300 200,000.00 194.33 200,194.33
01/27/98 01/29/98 2 5.7000 300,000.00 95.00 300,095.00
01/29/98 02/26/98 28 5.7500 17,200,000.00 76,922.22 17,276,922.22
02/06/98 02/13/98 7 5.7700 100,000.00 122.19 100,112.19
02/09/98 02/13/98 4 5.7800 200,000.00 128.44 200,128.44
02/13/98 03/02/98 17 5.7600 15,200,000.00 41,344.00 15,241,344.00
02/25/98 03/02/98 5 5.8900 100,000.00 81.81 100,081.81
02/26/98 03/16/98 18 5.8300 17,300,000.00 50,429.50 17,350,429.50
02/27/98 03/18/98 19 5.8900 200,000.00 621.72 200,621.72
03/02/98 03/16/98 14 5.7600 23,100,000.00 51,744.00 23,151,744.00
03/04/98 03/18/98 14 5.8300 100,000.00 226.72 100,226.72
03/11/98 03/18/98 7 5.8200 500,000.00 565.83 500,565.83
03/12/98 03/27/98 15 5.7600 6,300,000.00 15,120.00 6,315,120.00
03/16/98 03/27/98 11 5.8000 14,750,000.00 26,140.28 14,776,140.28
03/18/98 03/27/98 9 5.8000 1,000,000.00 1,450.00 1,001,450.00
03/20/98 04/15/98 26 5.8292 10,000,000.00 42,099.78 10,042,099.78
03/27/98 04/15/98 19 5.8300 22,200,000.00 68,308.17 22,268,308.17
03/31/98 04/28/98 28 5.8292 1,300,000.00 5,893.97 1,305,893.97
TOTAL 171,400,000.00 628,500.34 172,028,500.34
AEP RESOURCES, INC. TOTAL $171,400,000.00 $628,500.34 $172,028,500.34
</TABLE>
Average Number of Days 17.36
Weighted Average Rate 5.8093
