<ARTICLE> UT <CIK> 0000004904 <NAME> AMERICAN ELECTRIC POWER COMPANY, INC. <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> MAR-31-1997 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 11,416,209 <OTHER-PROPERTY-AND-INVEST> 917,497 <TOTAL-CURRENT-ASSETS> 1,407,780 <TOTAL-DEFERRED-CHARGES> 292,707 <OTHER-ASSETS> 1,871,497 <TOTAL-ASSETS> 15,905,690 <COMMON> 1,285,115 <CAPITAL-SURPLUS-PAID-IN> 1,731,695 <RETAINED-EARNINGS> 1,607,776 <TOTAL-COMMON-STOCKHOLDERS-EQ> 4,624,586 <PREFERRED-MANDATORY> 127,605 <PREFERRED> 46,933 <LONG-TERM-DEBT-NET> 4,786,636 <SHORT-TERM-NOTES> 74,046 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 260,272 <LONG-TERM-DEBT-CURRENT-PORT> 296,289 <PREFERRED-STOCK-CURRENT> 47,750 <CAPITAL-LEASE-OBLIGATIONS> 353,361 <LEASES-CURRENT> 83,827 <OTHER-ITEMS-CAPITAL-AND-LIAB> 5,204,385 <TOT-CAPITALIZATION-AND-LIAB> 15,905,690 <GROSS-OPERATING-REVENUE> 1,492,069 <INCOME-TAX-EXPENSE> 111,888 <OTHER-OPERATING-EXPENSES> 1,108,203 <TOTAL-OPERATING-EXPENSES> 1,220,091 <OPERATING-INCOME-LOSS> 271,978 <OTHER-INCOME-NET> 4,509 <INCOME-BEFORE-INTEREST-EXPEN> 276,487 <TOTAL-INTEREST-EXPENSE> 93,822 <NET-INCOME> 172,562 <PREFERRED-STOCK-DIVIDENDS> 10,103<F1> <EARNINGS-AVAILABLE-FOR-COMM> 172,562 <COMMON-STOCK-DIVIDENDS> 112,943 <TOTAL-INTEREST-ON-BONDS> 60,321 <CASH-FLOW-OPERATIONS> 417,011 <EPS-PRIMARY> $0.92 <EPS-DILUTED> $0.92 <FN> <F1>Represents preferred stock dividend requirements of subsidiaries; deducted before computation of net income. </FN>