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Rule 424 (b)(2)
File Numbers: 333-2297 and 33-54049
Pricing Supplement Number: SR148 Dated: 10/3/97
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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: 21869EGF6
Principal Amount: 25,000,000.00
Settlement Date: 10/3/97
Base Rate: Fed Funds (Telerate pg. 120)
Index Maturity: Daily
Initial Interest Rate: 5.67% (5.52% Effective Fed
Funds Rate 10/2/97)
Spread or Spread Multiplier, if applicable: PLUS 15 BPS
Interest Rate Rest Dates: Daily (using 1 day look back)
Interest Payment Dates: Quarterly on 3rd Wed of Jan,
Apr, Jul, Oct
First Coupon: 01/21/98 (Long First Coupon)
Day Count: Actual/360
Stated Maturity Date: 10/4/99
Maximum Interest Rate, if any:
Minimum Interest Rate, if any:
Initial Redemption Date, if any:
Initial Redemption Percentage, if any:
Initial Redemption Percentage Reduction, if any:
Optional Repayment Dates, if any: