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Rule 424(b)(2)
File Numbers: 333-2297 and 33-54049
Pricing Supplement Number: 134 Dated: November 14, 1996
(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: 21869EFR1
Principal Amount: 25,000,000.00
Settlement Date: 11/18/96
Base Rate: LIBOR (TELERATE PG. 3750)
Index Maturity: 1 MONTH LIBOR
Initial Interest Rate: 5.405% (5.375% TELERATE
PG. 3750, 11/14/96)
Spread or Spread Multiplier, if applicable: PLUS 3 BPS.
Interest Rate Reset Dates: THIRD WEDNESDAY OF EACH MONTH
Interest Payment Dates: THIRD WEDNESDAY OF EACH MONTH
First Coupon: 12/18/96
Day Count: ACTUAL/360
Stated Maturity Date: 11/18/98
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: