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. 15
:
(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 September 30, 1998,
American guaranteed the bank loans to AEP Resources, Inc.
("Resources") listed on Exhibits A and B attached hereto.
(a) During the calendar quarter ended September 30,
1998, Resources made $6,269,000 in capital contributions to AEP
Resources Delaware, Inc. as follows:
(i) $1,460,000.00 on July 10, 1998
(ii) $2,429,000.00 on August 14, 1998
(iii) $2,380,000.00 on September 16, 1998
(b) Resources made $5,313,229.02 in capital
contributions to AEP Resources International, Limited ("AEPRIL")
as follows:
(i) $ 42,307.65 on July 2, 1998
(ii) $1,996,830.00 on July 10, 1998
(iii) $ 29,700.00 on August 5, 1998
(iv) $1,254,330.00 on August 14, 1998
(v) $ 23,525.37 on August 20, 1998
(vi) $ 41,580.00 on August 28, 1998
(vii) $ 20,790.00 on August 28, 1998
(viii) $ 7,920.00 on September 4, 1998
(ix) $ 20,196.00 on September 14, 1998
(x) $1,861,200.00 on September 16, 1998
(xi) $ 14,850.00 on September 24, 1998
(c) Resources also made $53,668.98 in capital
contributions to AEP Resources Project Management Company, Ltd.
("AEPPMC") as follows:
(i) $ 427.35 on July 2, 1998
(ii) $ 20,170.00 on July 10, 1998
(iii) $ 300.00 on August 5, 1998
(iv) $ 12,670.00 on August 14, 1998
(v) $ 237.63 on August 20, 1998
(vi) $ 420.00 on August 28, 1998
(vii) $ 210.00 on August 28, 1998
(viii) $ 80.00 on September 4, 1998
(ix) $ 204.00 on September 14, 1998
(x) $ 18,800.00 on September 16, 1998
(xi) $ 150.00 on September 24, 1998
AEP Resources Delaware, Inc., AEPRIL and AEPPMC are Project
Parents for Nanyang General Light Electric Co. Ltd., a foreign
utility company.
2. During the calendar quarter ended September 30, 1998,
Resources made $12,200.00 in capital contributions to AEPR Global
Ventures B.V. AEPR Global Ventures B.V. is a Project Parent,
formed to bid on an interest in Loy Yang Power, which would have
been a foreign utility company.
3. American's total investments for the year-to-date is
$57,037,098.00.
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
November 30, 1998
Exhibit A
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> <C>
07/02/98 07/30/98 28 5.8560 $ 100,000.00 $ 455.47 $ 100,455.47
07/07/98 07/30/98 23 5.8300 500,000.00 1,862.36 501,862.36
07/10/98 07/30/98 20 5.7900 4,000,000.00 12,866.67 4,012,866.67
07/15/98 07/30/98 15 5.7600 10,975,000.00 26,340.00 11,001,340.00
07/22/98 07/30/98 8 5.8000 200,000.00 257.78 200,257.78
07/30/98 08/17/98 18 5.8200 17,000,000.00 49,470.00 17,049,470.00
08/05/98 08/17/98 12 5.8300 350,000.00 680.17 350,680.17
08/14/98 09/15/98 32 5.8400 3,700,000.00 19,207.11 3,719,207.11
08/17/98 09/15/98 29 5.7759 14,000,000.00 65,139.32 14,065,139.32
08/17/98 09/15/98 29 5.8400 18,000,000.00 84,680.00 18,084,680.00
08/20/98 08/31/98 11 5.8300 200,000.00 356.28 200,356.28
08/27/98 09/16/98 20 5.8300 500,000.00 1,619.44 501,619.44
08/31/98 09/16/98 16 5.8800 1,300,000.00 3,397.33 1,303,397.33
09/04/98 09/16/98 12 5.8800 300,000.00 588.00 300,588.00
09/15/98 09/30/98 15 5.7759 15,300,000.00 36,821.36 15,336,821.36
09/16/98 10/19/98 33 5.7900 6,500,000.00 34,498.75 6,534,498.75
09/23/98 10/19/98 26 5.7759 1,000,000.00 4,171.48 1,004,171.48
09/30/98 10/19/98 19 5.5541 15,000,000.00 43,969.96 15,043,969.96
09/30/98 10/19/98 19 5.6200 1,500,000.00 4,449.17 1,504,449.17
TOTAL 110,425,000.00 390.830.65 110,815,830.65
AEP RESOURCES, INC. TOTAL $110,425,000.00 $390,830.65 $110,815,830.65
</TABLE>
Average Number of Days 20.26
Weighted Average Rate 5.7652
Exhibit B
QUARTERLY DEBT REPORT
AEP RESOURCES, INC.
<TABLE>
<CAPTION>
Issue Maturity Interest Principal
Date Date Rate % Borrowed
<S> <C> <C> <C>
06/16/98 08/17/98 5.8675 $285,000,000.00
08/17/98 10/19/98 5.8675 $285,000.000.00
</TABLE>
