AMERICAN EXPRESS CO
10-Q/A, 1995-05-08
SECURITY BROKERS, DEALERS & FLOTATION COMPANIES
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<PAGE>
                                UNITED STATES
                     SECURITIES AND EXCHANGE COMMISSION
                           WASHINGTON, D.C. 20549

                                 FORM 10-Q/A

                               Amendment No. 1

[ X  ] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
       SECURITIES EXCHANGE ACT OF 1934

For the Quarterly Period Ended September 30, 1994

                                     or

[    ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
       SECURITIES EXCHANGE ACT OF 1934

For the Transition Period from                 to
                              -----------------   ------------------

                        Commission file number 1-7657


                          AMERICAN EXPRESS COMPANY
           (Exact name of registrant as specified in its charter)


          New York State                          13-4922250
- -----------------------------------     --------------------------------
 (State or other jurisdiction of               (I.R.S. Employer
  incorporation or organization)             Identification No.)


American Express Tower, World Financial Center, New York, NY 10285
- ------------------------------------------------------------------------
(Address of principal executive offices)                   (Zip Code)

Registrant's telephone number, including area code (212) 640-2000
                                                   ---------------------
                                 None
- -------------------------------------------------------------------------
Former name, former address and former fiscal year, if changed since last
report.


Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act
of 1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to
such filing requirements for the past 90 days.    Yes  X     No
                                                      ----      ----
Indicate the number of shares outstanding of each of the issuer's classes of
common stock, as of the latest practicable date.

              Class                      Outstanding at October 31, 1994
- ---------------------------------------  -------------------------------
Common Shares (par value $.60 per share)        506,864,526 shares
<PAGE>
     This amendment is being filed to amend Exhibit 27 to reflect a
multiplier of 1,000,000.







                                     SIGNATURE


       Pursuant to the requirements of the Securities Exchange Act of 1934,
       the Registrant has duly caused this report to be signed by the
       undersigned, thereunto duly authorized.






                                               AMERICAN EXPRESS COMPANY
                                                    (Registrant)






        Date: May 8, 1995                By  /s/ Stephen P. Norman
                                               --------------------------
                                               Stephen P. Norman
                                               Secretary








                                EXHIBIT INDEX

Exhibit No.
- -----------

   27                Financial Data Schedule, as amended.











<PAGE>

<TABLE> <S> <C>

<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted
from the Company's Consolidated Balance Sheet at September 30,
1994 and Consolidated Statement of Income for the nine months
ended September 30, 1994 and is qualified in its entirety by 
reference to such financial statements.
</LEGEND>
<MULTIPLIER>   1,000,000
       
<S>                             <C>
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-END>                               SEP-30-1994
<CASH>                                           6,959
<SECURITIES>                                    39,495
<RECEIVABLES>                                   16,531
<ALLOWANCES>                                       788
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                           3,475
<DEPRECIATION>                                   1,570
<TOTAL-ASSETS>                                  98,195
<CURRENT-LIABILITIES>                                0
<BONDS>                                         22,324
<COMMON>                                           305
                                0
                                        200
<OTHER-SE>                                       6,356
<TOTAL-LIABILITY-AND-EQUITY>                    98,195
<SALES>                                              0
<TOTAL-REVENUES>                                10,480
<CGS>                                                0
<TOTAL-COSTS>                                    5,030
<OTHER-EXPENSES>                                 1,086
<LOSS-PROVISION>                                 2,207
<INTEREST-EXPENSE>                                 741
<INCOME-PRETAX>                                  1,416
<INCOME-TAX>                                       371
<INCOME-CONTINUING>                              1,045
<DISCONTINUED>                                      33
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     1,078
<EPS-PRIMARY>                                     2.09
<EPS-DILUTED>                                        0
        



</TABLE>


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