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Rule 424 (b)(2)
File Numbers: 333-2297 and 33-54049
Pricing Supplement Number: SR142 Dated: JUNE 20, 1997
(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: 21869EFZ3
Principal Amount: 20,000,000.00
Settlement Date: 06/24/97
Base Rate: LIBOR (Telerate pg 3750)
Index Maturity: 3 MONTH
Initial Interest Rate: 5.81125% (5.78125% 3 Month
Libor 6/20/97)
Spread or Spread Multiplier, if applicable: PLUS 3 BPS
Interest Rate Reset Dates: QUARTERLY ON 3rd WED OF
(SEPT, DEC, MAR, JUN)
Interest Payment Dates: QUARTERLY ON 3rd WED OF
(SEPT, DEC, MAR, JUN)
First Coupon: 09/17/97
Day Count: ACTUAL/360
Stated Maturity Date: 06/21/00
Maximum Interest Rate, if any:
Minimum Interest Rate, is 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:
