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, HCAR No. 25233, dated
December 27, 1990, HCAR No. 25936, dated December 1, 1993, HCAR No.
26516 dated May 10, 1996 and HCAR No. 26553, dated August 13, 1996)
during the period from January 1, 1998, through March 31, 1998, the
Company issued a total of 267,971 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 $12,998,201.33, for the accounts of participants
in the Company's Dividend Reinvestment and Direct 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 29,919 shares of the Company's Common
Stock, at a total purchase price of $1,492,537.72. These
transactions are set forth in more detail in the attached Schedule
I, incorporated herein by reference.
AMERICAN ELECTRIC POWER COMPANY, INC.
By: /s/ G. P. Maloney
G. P. Maloney, Vice President
Dated: April 14, 1998
SCHEDULE I
to
CERTIFICATE OF NOTIFICATION (#70-5943)
of
AMERICAN ELECTRIC POWER COMPANY, INC.
For the Period January 1 - March 31, 1998
TRANSACTIONS THIS PERIOD:
- Original Issue Shares -
Shares Price Total
Period Issued Per Share Purchase Price
01/01/98 to 267,971 $48.506 $12,998,201.33
03/31/98
- Open Market Purchases -
Shares Average Price Total
Date Purchased Per Share Purchase Price
01/06/98 2,765 $50.813 $ 140,497.95
01/13/98 3,718 50.988 189,573.38
01/20/98 1,962 50.250 98,590.50
01/27/98 2,940 50.000 147,000.00
02/03/98 3,087 49.375 152,420.63
02/10/98 3,569 49.063 175,105.85
02/17/98 1,188 49.125 58,360.50
02/24/98 1,932 48.563 93,823.72
03/03/98 2,322 48.313 112,182.79
03/17/98 2,151 49.938 107,416.64
03/24/98 1,640 50.938 83,538.32
03/31/98 2,645 50.672 134,027.44
Total O/M Purch. 29,919 $ 1,492,537.72
- Total Activity This Period -
Shares Total
Purchased Purchase Price
O/I Shares 267,971 $12,998,201.33
O/M Purchases 29,919 1,492,537.72
Total Activity 297,890 $14,490,739.05
SCHEDULE I to CERTIFICATE OF PAGE 2
NOTIFICATION (#70-5943) of
AMERICAN ELECTRIC POWER COMPANY, INC.
For the Period January 1 - March 31, 1998
CUMULATIVE SUMMARY OF TRANSACTIONS:
- Original Issue Shares -
Shares Total
Issued Purchase Price
Totals from last report 45,430,447 $906,673,458.36
Transactions this period 267,971 12,998,201.33
Total Original Issue Shares 45,698,418 $919,671,659.69
- Open Market Purchases -
Shares Total
Purchased Purchase Price
Totals from last report 19,903,978 $603,302,544.27
Transactions this period 29,919 1,492,537.72
Total Open Market Purchases 19,933,897 $604,795,081.99
