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Rule 424 (b)(2)
File Numbers: 333-2297 and 33-54049
Pricing Supplement Number: 126 Dated: 10/30/96
(To Prospectus dated May 14, 1996 and Prospectus Supplement dated
June 14, 1996).
$1,550,000,000
CORESTATES CAPITAL CORP
Senior Medium-Term Floating Rate Notes Due
Nine Months or More From Date of Issue
Unconditionally Guaranteed as to Payment of Principal, Premium,
if any, and Interest by
CORESTATES FINANCIAL CORP
Cusip: 21869EFH3
Principal Amount: 49,000,000.00
Settlement Date: 11/01/96
Base Rate: LIBOR (Telerate PG 3750)
Index Maturity: 1 Month LIBOR
Initial Interest Rate: 5.425%(5.375% Telerate PG 3750,
10/30/96)
Spread or Spread Multiplier, if applicable: Plus 5 BPS.
Interest Rate Reset Dates: Third Wednesday of each month
Interest Payment Dates: Third Wednesday of each month
First Coupon: 11/20/96
Day Count: Actual/360
Stated Maturity Date: 10/01/99
Maximum Interest Rate, if any:
Minimum Interest Rate, if any:
Alternate Rate Event Spread, if any:
Initial Redemption Date, if any:
Initial Redemption Percentage, if any:
Annual Redemption Percentage Reduction, if any:
Optional Repayment Dates, if any:
