PROSPECTUS AND PRICING SUPPLEMENT NO. 1
PROSPECTUS SUPPLEMENT, Effective at 12:00 PM ET
each dated July 14, 1994 December 15, 1998
CUSIP: 24420ECE9 Commission File No.: 33-54165
Filed pursuant to Rule 424(b)(3)
U.S. $500,000,000
DEERE AND COMPANY
MEDIUM-TERM NOTES, SERIES C
Due from 9 Months to 30 Years from Date of Issue
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The Medium-Term Notes offered hereby will be Senior Notes as
more fully described in the accompanying Prospectus and Prospectus
Supplement and will be denominated in U.S. Dollars.
INTEREST PAYMENT DATES: Each March 15, September 15,
commencing on March 15, 1999,
and at Maturity
PRINCIPAL AMOUNT: $50,000,000
DATE OF ISSUE AND SETTLEMENT DATE: December 18, 1998
MATURITY DATE: January 15, 2002
INTEREST RATE: 5.35% PER ANNUM
REDEMPTION PROVISIONS: NONE
PLAN OF DISTRIBUTION: JP Morgan Securities Inc.
has purchased the Senior Notes as
principal at a price of 99.876% of
the aggregate principal amount of
the Senior Notes.
SETTLEMENT: Through the Depository Trust Company
JP Morgan Securities Inc.
