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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Amendment No. 7
CAROLINA POWER AND LIGHT COMPANY
COMMON
CUSIP: 144141108
December 31, 1996
Check the following box if a fee is being paid with this statement _
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(1) Names of Reporting Persons S.S. or I.R.S. Wachovia Corporation
Identification Nos. of Above Persons 56-1473727
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(2) Check the Appropriate Box if a Member of a (a) N/A
Group (See Instructions)
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(b) N/A
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(3) SEC Use Only
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(4) Citizenship or Place of Organization North Carolina
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Number of Shares Beneficially Owned by Each
Reporting Person With
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(5) Sole Voting Power 593,445
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(6) Shared Voting Power 8,156,231
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(7) Sole Dispositive Power 536,818
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(8) Shared Dispositive Power 129,440
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(9) Aggregate Amount Beneficially Owned by Each
Reporting Person 8,791,601
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(10) Check if Aggregate Amount in Row 9 Excludes
Certain Shares (See Instructions)
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(11) Percent of Class Represented by Amount in
Row 9 5.8%
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(12) Type of Reporting Person
(See Instructions) HC
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ITEM 7 IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.
The securities to which this report relates are held by
Wachovia Bank of North Carolina, NA, Wachovia Bank of
Georgia, NA and Wachovia Bank of South Carolina, NA as
trustees. (See Exhibit A.)
This filing should not be construed as an admission that
the trustees or their parent, Wachovia Corporation, are,
for the purposes of Section 13(d) or 13(g) of the Act,
beneficial owners of any securities covered by this
statement.
ITEM 10 CERTIFICATION:
BY SIGNING BELOW, I CERTIFY THAT, TO THE BEST OF MY
KNOWLEDGE AND BELIEF, THE SECURITIES REFERRED TO ABOVE
WERE NOT ACQUIRED FOR THE PURPOSE OF AND DO NOT HAVE THE
EFFECT OF CHANGING OR INFLUENCING THE CONTROL OF THE
ISSUER OF SUCH SECURITIES AND WERE NOT ACQUIRED IN
CONNECTION WITH OR AS A PARTICIPANT IN ANY TRANSACTION
HAVING SUCH PURPOSES OR EFFECT.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
DATE: February 14, 1997
FOR: Wachovia Corporation
BY: Ricky B. Nicks
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Attorney-in-Fact
Ricky B. Nicks, Executive Vice President
Wachovia Operational Services Corporation
(Authorized by Wachovia Corporation under a limited power of attorney
filed with the Schedule 13G for Equus II, Ltd., CUSIP 294766100, filed
by Wachovia Corporation on February 14, 1997.)
EXHIBIT A
The following entities agree that this Schedule 13G is filed on their behalf by
the Wachovia Corporation.
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IRS IDENTIFICATION
SUBSIDIARY NUMBER ITEM 3 CLASSIFICATION
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Wachovia Bank of Georgia, N.A. 58-0242985 Bank as defined by section 3(a)(6) of the Act
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Wachovia Bank of North Carolina, N.A. 56-0927594 Bank as defined by section 3(a)(6) of the Act
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Wachovia Bank of South Carolina, N.A. 57-0539952 Bank as defined by section 3(a)(6) of the Act
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