Pricing Supplement Dated: June 6, 1996 Rule 424(b)(5)
No.: FL137 File No. 33-60573
(To Prospectus dated August 8, 1995 and
Prospectus Supplement dated August 24, 1995)
WELLS FARGO & COMPANY
Floating Rate Note
Medium-Term Notes and Subordinated Medium-Term Notes, Series B, Due From
9 Months to 12 Years From Date of Issue
THE NOTE IS NOT A DEPOSIT AND IS NOT INSURED BY THE FDIC OR ANY OTHER
FEDERAL AGENCY.
CUSSIP NO: 94974HJT5 Principal Amount: US$ $60,000,000.00
Trade Date: 06/06/96 Original Issuance Date: 06/11/96
Issue Price:99.98100 Initial Interest Rate: *
Selling Agents's Discount Stated Maturity: 06/11/98
or Commission: 0.00000% Regular Record Dates:
Interest Payment Dates:
* Initial Interest Rate to be determined on 06/07/96
Net Proceeds to Issuer: $59,988,600.00
Form: _X_ Book Entry ___ Certificated Ranking: _X_ Senior ___ Subordinated
Interest Rate Basis: Index Maturity Interest Payment Period:
___ Commercial Paper Rate ___ Daily ___ 5 Year ___ Monthly
_X_ LIBOR Telerate (Unless LIBOR ___ 1 Month ___ 7 Year _X_ Quarterly
Reuters is designated below) _X_ 3 Months ___ 10 Year ___ Semi-Annually
___ LIBOR Reuters ___ 6 Months ___ 20 Year ___ Annually
___ Treasury Rate ___ 1 Year ___ 30 Year
___ Prime Rate ___ 2 Year ___ Other
___ CD Rate ___ 3 Year
___ Federal Funds Rate
___ CMT Rate (Telerate Page 7052 - Week
Unless otherwise designated below)and/or
___ Telerate Page 7052 - Month Spread: +/- Basis Points
___ Telerate Page 7055 and/or Spread Multiplier: %
___ 11th Dist. Cost of Funds Rate Maximum Interest Rate:
___ Other (see attached) Minimum Interest Rate:
First Interest Reset Date: 09/11/96
Interest Reset Frequency:
___ Daily ___ Weekly ___ Monthly _X_ Quarterly
___ Semi-annually during the months of ___ Annually
and during the month of
Redemption: Repayment:
_X_ The Note cannot be redeemed prior to maturity _X_ The Note cannot be repaid
___ The Note may be redeemed prior to maturity prior to maturity
Earliest Redemption Date: ___ The Note may be repaid
Redemption Price: prior to maturity at the
Annual Redemption Price Reduction: at the option of the
holder of the Note
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
Basis of Sale to Public:
___ Agent is acting as Agent for sale of Notes to the Public
at the "Issue Price".
_X_ Agent is purchasing Notes as Principal for resale to
investors and other purchasers at varying prices related to prevailing
market prices at the time of resale to be determined by such Agent.
___ Agent is purchasing Notes as principal for resale to investors and
other purchasers at a fixed initial public offering price of %
of the principal amount therof.
Other Provisions:
Terms are not completed for certain items above either because such items
because such items are not applicable or because the terms are as
specified in the Prospectus Supplement.
