Pricing Supplement Dated: October 4, 1994 Rule 424(b)(3)
No.: FL96 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:10/03/94 Issuance Date: 10/11/94Initial Interest Rate:*
Issue Price: 99.86700 Regular Record Dates:
Selling Agents's Discount Interest Payment Dates:
or Commission: 0.00000% Stated Maturity Date: 10/10/97
Net Proceeds to Issuer: $49,933,500.00
* Initial Interest Rate to be determined on 10/06/94
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Form: _X_ Book Entry ___ Certificated Ranking: _X_ Senior ___ Subordinated
Interest Rate Basis: Index Maturity Spread: +/- 0.10
___ 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: 12/21/94
Interest Reset Date: ___ Daily ___ Weekly ___ Monthly
_X_ Quarterly ___ Semi-annually ___ Annually
Maximum Interest Rate: Minimum Interest Rate:
Redemption: Repayment:
_X_ The Note cannot be redeemed prior to maturity ___The Note cannot be repaid
prior to maturity
___ The Note may be redeemed prior to maturity _X_ 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: 06/19/96
Sinking Fund Ammount: Repayment Price: 100.00%
Discount Note ___ Yes _X_ No
Total Amount of OID:
Yield to Maturity:
Initial Accrual Period:
Agent: FIRST BOSTON
Other Provisions:
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.
