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Rule 424 (b)(2)
File Numbers: 333-2297 and 33-54049
Pricing Supplement Number: SR138 Dated: MAY 27, 1997
(To Prospectus dated May 14, 1996 and Prospectus Supplement dated June 14,
1996).
AMENDED
$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: 21869EFV2
Principal Amount: 25,000,000.00
Settlement Date: 05/28/97
Base Rate: FED FUNDS
Index Maturity: DAILY
Initial Interest Rate: 5.80%(5.59% EFFECTIVE FED
FUNDS RATE 5/27/97)
Spread or Spread Multiplier, if applicable: PLUS 21 BPS.
Interest Rate Reset Dates: DAILY(USING PRIOR DAYS
EFFECTIVE FED FUNDS RATE)
Interest Payment Dates: 08/29/97, 11/28/97, 02/27/98
05/29/98, 08/28/98, 11/30/98
02/26/99, 04/30/99
First Coupon: 08/29/97
Day Count: ACTUAL/360
Stated Maturity Date: 04/30/99
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: