NORWEST CORP
424B2, 1994-09-02
NATIONAL COMMERCIAL BANKS
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Pricing Supplement No. 16                      Rule 424(b)(2)

Dated: September 1, 1994                       Registration No. 33-50435

(To Prospectus Dated October 28, 1993, as Supplemented by Prospectus Supplement 
Dated December 29, 1993)

                              NORWEST CORPORATION

                          MEDIUM-TERM NOTES, SERIES D

                               Fixed Rate Notes

         Interest payable each March 9 and September 9 and at Maturity
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 Aggregate
 Principal        Proceeds     Date of    Maturity    Interest
   Amount        to Company     Issue       Date        Rate          Agent
- ------------    -----------    -------    --------    --------    -------------
<S>             <C>            <C>        <C>         <C>         <C>  
 $50,000,000    $49,865,500     9/9/94      9/9/99      7.125%     Smith Barney
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Other Terms: Cusip #66938FHK3


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