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Rule 424 (b) (2)
File Numbers: 333-2297 and 33-54049
Pricing Supplement Number: 131 Dated: November 1, 1996
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(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: 21869EFN0
Principal Amount: 35,000,000.00
Settlement Date: 11/05/96
Base Rate: Libor (TELRATE Pg 3750)
Index Maturity: 1 Month Libor
Initial Interest Rate: 5.495% (5.375 TELRATE Pg 3750 11/01/96)
Spread or Spread Multiplier, if applicable: Plus 12 BPS
Interest Rate Reset Dates: MONTHLY ON THE FIFTH DAY OF EACH MONTH OR
NEXT GOOD BUSINESS DAY
Interest Payment Dates: MONTHLY ON THE FIFTH DAY OF EACH MONTH OR
NEXT GOOD BUSINESS DAY
First Coupon: 12/05/96
Day Count: ACTUAL/360
Stated Maturity Date: 11/05/01
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: