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Pricing Supplement Dated September 30, 1996 Rule 424(b)(3)
(To Prospectus dated January 5, 1996 and File No. 33-65171
Prospectus Supplement dated January 26, 1996)
CPC INTERNATIONAL INC.
MEDIUM-TERM NOTES, SERIES D - FIXED RATE
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<S> <C>
Principal Amount: US$ 100,000,000 Interest Rate: 6.875%
Issue Price: 99.796% Original Issue Date: October 3, 1996
Agent's Discount or Commission: US$ 600,000 Stated Maturity Date: October 15, 2003
Net Proceeds to Issuer: US$ 99,196,000
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Interest Payment Dates: Semiannually on May 15 and November 15 of each year and
at maturity, commencing November 15, 1996.
Redemption:
/X/ The Notes cannot be redeemed prior to the Stated Maturity Date.
/ / The Notes may be redeemed prior to the Stated Maturity Date.
Initial Redemption Date:
Initial Redemption Percentage: _______%
Annual Redemption Percentage Reduction: ______% until Redemption
Percentage is 100% of the Principal Amount.
Optional Repayment:
/X/ The Notes cannot be repaid prior to the Stated Maturity Date.
/ / The Notes can be repaid prior to the Stated Maturity Date at the option
of the holder of the Notes.
Optional Repayment Date(s): _______________________________________
Repayment Prices: ________%
Currency:
Specified Currency: U.S. Dollars
(if other than U.S. Dollars, see attached)
Authorized Denominations: U.S. $1,000
(Applicable only if (i) other than U.S. $1,000 or (ii) Specified
Currency is other than U.S. Dollars)
Option to Receive Payments in Specified Currency: / / Yes / / No
(Applicable only if Specified Currency is other than U.S. Dollars)
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Discount Note: /X/ Yes / / No
Total Amount of OID: US$ 204,000 Yield to Maturity: 6.915%
Initial Accrual Period: October 3, 1996 - November 15, 1996
Indexed Note: / / Yes (see Other Provisions below) /X/ No
Amortizing Note:/ / Yes (see Other Provisions below) /X/ No
Form: /X/ Book Entry / / Certified
Agent: /X/ Salomon Brothers, Inc.
/X/ Merrill Lynch & Co.
/ / Other ______________________________
Agent acting in the capacity as indicated below:
/ / Agent
/X/ Principal
If as Principal:
/X/ The Notes are being offered at varying prices related to prevailing market
prices at the time of resale.
/ / The Notes are being offered at a fixed initial public offering price of
______% of Principal Amount.
If as Agent:
The Notes are being offered at a fixed initial public offering price of
_____% of Principal Amount.
Exchange Rate Agent: N/A
Calculation Agent: N/A
Other Provisions: