
                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: TUESDAY, April 16, 1991                   TAG: 9104160289
SECTION: BUSINESS                    PAGE: A-5   EDITION: METRO 
SOURCE: 
DATELINE:                                 LENGTH: Short

AMERICAN ELECTRIC POWER'S EARNINGS UP

American Electric Power Co., the Columbus, Ohio, parent of Appalachian Power, said Monday its first-quarter earnings rose 0.5 percent to $145.6 million compared with $144.9 million in the corresponding period of 1990. The gain was mainly the result of an increase in more profitable electricity sales to residential and commercial customers, the company said. Per-share earnings were 79 cents, up from 75 cents a year earlier.

AEP said operating revenues declined 3.6 percent to $1.25 billion compared with $1.3 billion a year earlier, because of a decline in sales to wholesale customers.

- Staff report

by CNB