Pricing Supplement No.46/A Dated November 4,1994 Rule 424(b)(2)/A
(To Prospectus dated February 15, 1994 and File No. 33-57104
Prospectus Supplement dated February 15, 1994)
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: $10,000,000
Issue Price: 100%
Commission or Discount: ($62,500.00)
Proceeds to Company: ($9,937,500.00)
Agent: MORGAN STANLEY
Agent's Capacity: [ ] As agent [x] As principal
If as principal
[ ] The Notes are being offered at varying prices to
prevailing market prices at the time of sale
[x ] 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: November 4, 1994
Stated Maturity: November 4, 2004
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: 6.50%
Int.Determ.Dates : 11/02/94; 05/02/95; 11/02/95;
05/02/96; 10/31/96; 05/01/97; Becomes Fixed
Starting 11/04/97. 9.35%
Interest Payment Dates: 05/04/95; 11/06/95; 05/06/96;
11/04/96; 05/05/97; 11/04/97; Fixed: May.4 Nov.4.
Index Maturity: 6 month
Spread (+/-): +.50
Spread Multiplier:
Maximum Interest Rate:
Minimum Interest Rate:
Callable NOV. 4, 1997
Optional Redemption : Yes[ ] No [ ]
Redemption Dates
and Prices:
