<ARTICLE> UT <CIK> 0000004904 <NAME> AMERICAN ELECTRIC POWER COMPANY, INC. <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> SEP-30-1998 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 11,656,276 <OTHER-PROPERTY-AND-INVEST> 1,852,341 <TOTAL-CURRENT-ASSETS> 1,920,960 <TOTAL-DEFERRED-CHARGES> 226,263 <OTHER-ASSETS> 1,820,407 <TOTAL-ASSETS> 17,476,247 <COMMON> 1,302,178 <CAPITAL-SURPLUS-PAID-IN> 1,832,744 <RETAINED-EARNINGS> 1,726,249 <TOTAL-COMMON-STOCKHOLDERS-EQ> 4,861,171 <PREFERRED-MANDATORY> 127,605 <PREFERRED> 46,257 <LONG-TERM-DEBT-NET> 5,408,997 <SHORT-TERM-NOTES> 296,300 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 239,108 <LONG-TERM-DEBT-CURRENT-PORT> 90,793 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 447,043 <LEASES-CURRENT> 103,984 <OTHER-ITEMS-CAPITAL-AND-LIAB> 5,854,989 <TOT-CAPITALIZATION-AND-LIAB> 17,476,247 <GROSS-OPERATING-REVENUE> 9,546,566 <INCOME-TAX-EXPENSE> 297,716 <OTHER-OPERATING-EXPENSES> 8,454,149 <TOTAL-OPERATING-EXPENSES> 8,751,865 <OPERATING-INCOME-LOSS> 794,701 <OTHER-INCOME-NET> (5,572) <INCOME-BEFORE-INTEREST-EXPEN> 789,129 <TOTAL-INTEREST-EXPENSE> 316,938 <NET-INCOME> 464,036 <PREFERRED-STOCK-DIVIDENDS> 8,155<F1> <EARNINGS-AVAILABLE-FOR-COMM> 464,036 <COMMON-STOCK-DIVIDENDS> 342,804 <TOTAL-INTEREST-ON-BONDS> 154,834 <CASH-FLOW-OPERATIONS> 845,395 <EPS-PRIMARY> $2.44 <EPS-DILUTED> $2.44 <FN> <F1>Represents preferred stock dividend requirements of subsidiaries; deducted before computation of net income. </FN>