File No. 70-5503


               SECURITIES AND EXCHANGE COMMISSION

                     Washington, D.C. 20549

               __________________________________

                 Post-Effective Amendment No. 19

                               to

                            FORM U-1
               __________________________________


                   APPLICATION OR DECLARATION

                            under the

           PUBLIC UTILITY HOLDING COMPANY ACT OF 1935

                              * * *


                    APPALACHIAN POWER COMPANY
         40 Franklin Road, S.W., Roanoke, Virginia 24011
           (Name of company filing this statement and
             address of principal executive office)

                              * * *

              AMERICAN ELECTRIC POWER COMPANY, INC.
             1 Riverside Plaza, Columbus, Ohio 43215
             (Name of top registered holding company
             parent of each applicant or declarant)

                              * * *

                A. A. Pena, Senior Vice President
           AMERICAN ELECTRIC POWER SERVICE CORPORATION
             1 Riverside Plaza, Columbus, Ohio 43215

               John F. Di Lorenzo, Jr., Secretary
           AMERICAN ELECTRIC POWER SERVICE CORPORATION
             1 Riverside Plaza, Columbus, Ohio 43215
           (Names and addresses of agents for service)



     Appalachian Power Company ("Appalachian"), a wholly-owned
utility subsidiary of American Electric Power Company, Inc.
("AEP"), a holding company registered under the Public Utility
Holding Company Act of 1935, hereby amends its Application or
Declaration on Form U-1 in File No. 70-5503, as heretofore amended,
by amending and restating the first sentence of the first paragraph
which was added at the end of Item 1 by Post-Effective Amendment
No. 17:
     "It is proposed that no later than December 1, 1998 the
Authority will issue and sell an additional series of Bonds in the
aggregate principal amount of up to $19,500,000 (the 'Series H
Bonds'), the proceeds of which will be used to provide for the
redemption at maturity of $19,500,000 principal amount of Bonds of
the Authority which bear interest at 7-1/4% and mature on November
1, 1998, which were issued and sold by the Authority on November 1,
1988 (the 'Series F Bonds')."

                            SIGNATURE
          Pursuant to the requirements of the Public Utility
Holding Company Act of 1935, the undersigned company has duly
caused this Post-Effective Amendment No. 18 to be signed on its
behalf by the undersigned thereunto duly authorized.
                    APPALACHIAN POWER COMPANY


                    By:_/s/ John F. Di Lorenzo, Jr._
                       John F. Di Lorenzo, Jr.
                       Secretary


Date:  August 10, 1998