November 7, 1996
First Data Corporation
401 Hackensack Ave.
Hackensack, NJ 07601
RE: Amended Schedule 13G
Enclosed pursuant to the Securities Exchange Act of 1934 is a
report on Schedule 13G reporting beneficial ownership at
October 31, 1996 by American Express Company, American Express
Travel Related Services Company, Inc. and American Express
Financial Corporation in common stock of First Data
Corporation.
Sincerely,
Steve Turbenson
Director - External Reports and Tax
Enclosure
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
SCHEDULE 13G
Amendment #7
Under the Securities and Exchange Act of 1934
First Data Corporation
(Name of Issuer)
Common Stock
(Title of Class of Securities)
319963-10-4
(CUSIP Number)
Check the following space if a fee is being paid with this
statement
The information required in the remainder of this cover page
(except any items to which the form provides a cross-reference)
shall not be deemed to be "filed" for the purpose of Section 18
of the Securities Exchange Act of 1934 ("Act") or otherwise
subject to the liabilities of that section of the Act but shall
be subject to all other provisions of the Act.
CUSIP NO. 319963-10-4
1) Name of Reporting Person American Express Company
S.S. or I.R.S. Identification IRS No. 13-4922250
No. of Above Person
2) Check the Appropriate Box (a)
if a Member of a Group (b) X - Joint Filing
3) SEC Use Only
4) Citizenship or Place of Organization New York
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH
(5) Sole Voting Power 7,456,766
(6) Shared Voting Power 835,192
(7) Sole Dispositive Power 3,274,964
(8) Shared Dispositive Power
5,016,994
9) Aggregate Amount Beneficially
Owned by Each Reporting Person 8,291,958
10) Check if the Aggregate Amount in
Row (9) Excludes Certain Shares Not Applicable
11) Percent of Class Represented by
Amount In Row (9) 3.7%
12) Type of Reporting Person CO, HC
CUSIP NO. 319963-10-4
1) Name of Reporting Person American Express Travel Related
Services Company, Inc.
S.S. or I.R.S. Identification IRS No. 13-3133497
No. of Above Person
2) Check the Appropriate Box (a)
if a Member of a Group (b) X - Joint Filing
3) SEC Use Only
4) Citizenship or Place of Organization New York
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH
(5) Sole Voting Power -0-
(6) Shared Voting Power -0-
(7) Sole Dispositive Power -0-
(8) Shared Dispositive Power -0-
9) Aggregate Amount Beneficially
Owned by Each Reporting Person -0-
10) Check if the Aggregate Amount in
Row (9) Excludes Certain Shares Not Applicable
11) Percent of Class Represented by
Amount In Row (9) 0%
12) Type of Reporting Person CO, IA
CUSIP NO. 319963-10-4
1) Name of Reporting Person American Express Financial Corporation
S.S. or I.R.S. Identification IRS No. 13-3180631
No. of Above Person
2) Check the Appropriate Box (a)
if a Member of a Group (b) X - Joint Filing
3) SEC Use Only
4) Citizenship or Place of Organization Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH
(5) Sole Voting Power
4,181,802
(6) Shared Voting Power
835,192
(7) Sole Dispositive Power -0-
(8) Shared Dispositive Power
5,016,994
9) Aggregate Amount Beneficially
Owned by Each Reporting Person 5,016,994
10) Check if the Aggregate Amount in
Row (9) Excludes Certain Shares Not Applicable
11) Percent of Class Represented by
Amount In Row (9) 2.2%
12) Type of Reporting Person CO, IA
1(a) Name of Issuer:
First Data Corporation
1(b) Address of Issuer's
Principal 401 Hackensack Ave.
Executive Offices: Hackensack, NJ 07601
2(a) Name of Person Filing: American
Express Company
American Express Travel
Related Services
Company, Inc.
American Express
Financial Corporation
2(b) Address of Principal
Business Office: American Express
Company
American Express Tower
200 Vesey Street
New York, NY 10285
American Express Travel
Related Services
Company, Inc.
American Express Tower
200 Vesey Street
New York, New York
10285
American Express Financial
Corporation
IDS Tower 10
Minneapolis, MN 55440
2(c) Citizenship: See Item 4 of
Cover Pages
2(d) Title of Class of Securities:
Common Stock, $ .01 par value
2(e) Cusip Number: 319963-10-4
3 Information if statement is filed pursuant to Rules 13d-
1(b) or 13d-2(b):
Not Applicable
4(a) Amount Beneficially Owned as of October, 31,
1996: See Item 9 of Cover Pages
4(b) Percent of Class: See Item 11 of Cover
Pages
4(c) Number of Shares as to which such person has:
(i) Sole power to vote or to direct the vote: See Item
5 of Cover Pages
(ii) Shared power to vote or direct the vote: See
Item 6 of Cover Pages
(iii) Sole power to dispose or to direct the
disposition of: See Item 7 of Cover Pages
(iv) Shared power to dispose or to direct the
disposition of: See Item 8 of Cover Pages
5 Ownership of 5% or Less of a Class:
If this statement is being filed to report the fact
as of the date hereof the reporting person has
ceased to be the beneficial owner of more than five
percent of the class of securities, check the
following ( X).
6 Ownership of more than 5% on Behalf of Another Person:
Not Applicable
7 Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported
on by the Parent Holding Company:
Not Applicable
8 Identification and Classification of Members of the
Group:
Not Applicable
9 Notice of Dissolution of Group:
Not Applicable
10 Certification:
After reasonable inquiry and to the best of my knowledge
and belief,
I hereby certify that the information set forth in this
statement is true,
complete and correct.
Dated: October 31, 1996
American Express Company
By:____________________________
Name: Stephen P. Norman
Title: Secretary
Exhibit Index
Exhibit I Statement of American Express Travel Related Services
Company, Inc.
Exhibit II Statement of American Express Financial Corporation
Exhibit III Statement of American Express Company disclaiming
beneficial ownership of shares held by American Express
Financial Corporation
Exhibit I
to
Schedule 13G
Under the
Securities Exchange Act of 1934
Pursuant to Rule 13d-1(f)(1), American Express Travel
Related Services Company, Inc. affirms that it is individually
eligible to use Schedule 13G and agrees that this Schedule is
filed in its behalf.
American Express Travel Related
Services Company, Inc.
By:
Name: Stephen P. Norman
Title: Secretary
Exhibit II
to
Schedule 13G
Under the
Securities Exchange Act of 1934
Pursuant to Rule 13d-1(f)(1), American Express Financial
Corporation affirms that it is individually eligible to use
Schedule 13G and agrees that this Schedule is filed in its
behalf.
American Express Financial
Corporation
By:
Steve Turbenson
Director - External Reports
and Tax
Exhibit III
to
Schedule 13G
Under the
Securities Exchange Act of 1934
American Express Company, American Express Tower, 200 Vesey
Street, New York, New York disclaims beneficial ownership of
all securities beneficially owned by American Express Financial
Corporation which are referred to in the Schedule 13G to which
this exhibit is attached, and the filing of this Schedule 13G
shall not be construed as an admission that American Express
Company is, for the purpose of Section 13(d) or 13(g) of the
Securities Exchange Act of 1934, the beneficial owner of any
such securities covered by this Schedule 13G.
American Express Company
By:____________________________
Name: Stephen P.
Norman
Title: Secretary
