<ARTICLE> UT <CIK> 0000004904 <NAME> AMERICAN ELECTRIC POWER COMPANY, INC. <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> JUN-30-1998 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 11,629,338 <OTHER-PROPERTY-AND-INVEST> 1,499,427 <TOTAL-CURRENT-ASSETS> 2,641,032 <TOTAL-DEFERRED-CHARGES> 223,797 <OTHER-ASSETS> 1,818,641 <TOTAL-ASSETS> 17,812,235 <COMMON> 1,299,147 <CAPITAL-SURPLUS-PAID-IN> 1,815,409 <RETAINED-EARNINGS> 1,645,466 <TOTAL-COMMON-STOCKHOLDERS-EQ> 4,760,022 <PREFERRED-MANDATORY> 127,605 <PREFERRED> 46,350 <LONG-TERM-DEBT-NET> 5,133,689 <SHORT-TERM-NOTES> 388,500 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 117,775 <LONG-TERM-DEBT-CURRENT-PORT> 423,109 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 450,313 <LEASES-CURRENT> 103,050 <OTHER-ITEMS-CAPITAL-AND-LIAB> 6,261,822 <TOT-CAPITALIZATION-AND-LIAB> 17,812,235 <GROSS-OPERATING-REVENUE> 4,908,434 <INCOME-TAX-EXPENSE> 177,599 <OTHER-OPERATING-EXPENSES> 4,247,713 <TOTAL-OPERATING-EXPENSES> 4,425,312 <OPERATING-INCOME-LOSS> 483,122 <OTHER-INCOME-NET> 702 <INCOME-BEFORE-INTEREST-EXPEN> 483,824 <TOTAL-INTEREST-EXPENSE> 209,785 <NET-INCOME> 268,671 <PREFERRED-STOCK-DIVIDENDS> 5,368<F1> <EARNINGS-AVAILABLE-FOR-COMM> 268,671 <COMMON-STOCK-DIVIDENDS> 228,221 <TOTAL-INTEREST-ON-BONDS> 106,560 <CASH-FLOW-OPERATIONS> 570,078 <EPS-PRIMARY> $1.41 <EPS-DILUTED> $1.41 <FN> <F1>Represents preferred stock dividend requirements of subsidiaries; deducted before computation of net income. </FN>