Pricing Supplement No.14 Dated August 9, 1993 Rule 424(b)(2)
(To Prospectus dated April 27, 1993 and File No. 33-57104
Prospectus Supplement dated April 30, 1993)
CHEMICAL BANKING CORPORATION
[X] Senior Medium -Term Notes, Series C Due From Nine
Months to Thirty Years from Date of Issue
[ ] Subordinated Medium Term Notes , Series A Due From
Nine Months to Thirty Years from Date of Issue
Principal Amount: $5,000,000
Issue Price: 100%
Commission or Discount: .14% ($7,000.00)
Proceeds to Company: 99.86% ($4,993,000.00)
Agent: FIRST BOSTON
Agent's Capacity: [X ] As agent [ ] As principal
If as principal
[ ] The Notes are being offered at varying prices to
prevailing market prices at the time of sale
[ ] The Notes are being offered at a fixed initial public
offering price equal to the Issue Price (as a
percentage of Principal Amount).
Original Issue Date: August 9, 1993
Stated Maturity: August 10, 1998
Form: [X] Book-entry [ ] Certificated
Currency: U.S. Dollars
[ ] Fixed Rate Note:
Interest Rate:
[X] Floating Rate Note: CD[ ] Commercial Paper Rate [ ]
Federal Fund Effective Rate [ ]
LIBOR Telerate [X] LIBOR Reuter [ ]
Treasury Rate [ ] Prime Rate [ ]
Initial Interest Rate: 3.5625
Interest Reset Dates:
Interest Determination Dates: Second Business Day preceeding
each Interest Reset Date
Interest Payment Dates: 11/09/93, 02/09/94, 05/09/94, 08/09/94,
11/09/94, 02/09/95, 05/09/95. 08/09/95, 11/09/95, 02/09/96,
05/09/96, 08/09/96, 11/12/96, 02/10/97, 05/09/97, 08/11/97,
11/10/97, 02/09/98, 05/11/98, 08/10/98.
Index Maturity: 3 Month
Spread (+/-): +0.25
Spread Multiplier: N/A
Maximum Interest Rate: N/A
Minimum Interest Rate: N/A
Optional Redemption : Yes[ ] No [ ]
Redemption Dates
and Prices: