NORWEST CORP, 424B2, 1994-12-01

NORWEST CORP
424B2, 1994-12-01
NATIONAL COMMERCIAL BANKS

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Revised Pricing Supplement No. 1                       Rule 424(b)(2)

Dated: November 25, 1994                               Registration No. 33-55429

(To Prospectus Dated November 8, 1994, as Supplemented by Prospectus Supplement 
Dated November 15, 1994)

                              NORWEST CORPORATION

                          Medium-Term Notes, Series E

                              Floating Rate Notes

            Principal Amount:  $100,000,000

         Proceeds to Company:  $99,864,700

         Original Issue Date:  12/1/94

             Stated Maturity:  11/21/97

                        Form:  Book Entry  X  Certificated ____

         Floating Rate Basis:  LIBOR Telerate page 3750

       Initial Interest Rate:  To be set on 11/29/94

      Interest Payment Dates:  Quarterly - 21st day of February, May, August and
                               November

        Regular Record Dates:  Fifteen calendar days preceding each interest 
                               reset date.

Interest Determination Dates:  Second London banking day preceding each interest
                               reset date

        Interest Reset Dates:  Quarterly - 21st day of February, May, August and
                               November

              Index Maturity:  3-month                 Spread: +5 bp

                       Agent:  First Boston

                    Currency:  U.S. Dollars

Other Terms:  CUSIP #66938FHP2