Pricing Supplement Dated: October 26, 1994 Rule 424(b)(3)
No.: FL97 File No. 33-51227
(To Prospectus dated January 26, 1994 and
Prospectus Supplement dated March 24, 1994)
THE NOTE IS NOT A DEPOSIT AND IS NOT INSURED BY THE FDIC OR ANY OTHER
FEDERAL AGENCY.
Wells Fargo & Company
Medium-Term Notes and Subordinated Medium-Term Notes, Series B, Due From 9
Months to 12 Years From Date of Issue
Floating Rate Principal Amount: US$ $50,000,000.00
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Trade Date:10/26/94 Issuance Date: 11/02/94Initial Interest Rate:*
Issue Price: 99.66000 Regular Record Dates:
Selling Agents's Discount Interest Payment Dates:
or Commission: 0.00000% Stated Maturity Date: 11/02/99
Net Proceeds to Issuer: $49,830,000.00
* Initial Interest Rate to be determined on 10/31/94
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Form: _X_ Book Entry ___ Certificated Ranking: _X_ Senior ___ Subordinated
Interest Rate Basis: Index Maturity Spread: +/- 0.45
___ Commercial Paper Rate ___ 1 Month
_X_ LIBOR _X_ 3 Months
___ Treasury Rate ___ 6 Months Interest Determination Dates:
___ Prime Rate ___ 1 Year Interest Calculation Dates:
___ CD Rate ___ Other Calculation Agent:
___ Federal Funds Rate Chemical Trust
___ Other (see attached)
Interest Payment Period:___ Monthly_X_ Quarterly ___ Semi-Annually ___ Annually
First Interest Reset Date: 02/02/95
Interest Reset Date: ___ Daily ___ Weekly ___ Monthly
_X_ Quarterly ___ Semi-annually ___ Annually
Maximum Interest Rate:10.00% Minimum Interest Rate:
Redemption: Repayment:
_X_ The Note cannot be redeemed prior to maturity _X_ The Note cannot be repaid
prior to maturity
___ The Note may be redeemed prior to maturity ___ The Note may be repaid
prior to maturity at
Earliest Redemption Date: the option of the
holder of the Note
Redemption Price:
Annual Redemption Price Reduction:
Sinking Fund Redemption Dates: Repayment Date:
Sinking Fund Ammount: Repayment Price:
Discount Note ___ Yes _X_ No
Total Amount of OID:
Yield to Maturity:
Initial Accrual Period:
Agent: GOLDMAN SACHS
Other Provisions:
Interest payment dates: 2/2, 5/2, 8/2, 11/2 until maturity
Terms are not completed for certain items above either because the such
items are not applicable or because the terms are as specified in the
Prospectus Supplement.
