Pricing Supplement No.68 Dated November 15, 1995 Rule 424(b)(2)
(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: $80,000.00
Proceeds to Company: $9,920,000.00
Agent: BEAR STEARNS
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: NOVEMBER 15, 1995
Stated Maturity: MAY 15, 2001
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 [ ] CMT [X]
LIBOR Telerate [ ] LIBOR Reuter [ ]
Treasury Rate [ ] Prime Rate [ ]
Initial Interest Rate: 5.57%
Int.Determ.Dates :10 BUSINESS DAYS PRIOR TO PAYMENT DAYS
Interest Payment Dates: EVERY MAY 10 AND NOVEMBER 10
Index Maturity: 6 MONTH 30/360 CMT 5 YR
Spread (+/-): -.15
Spread Multiplier:N/A
Maximum Interest Rate:N/A
Minimum Interest Rate: 0%
Optional Redemption : Yes[ ] No [ ]
Redemption Dates
and Prices:
