SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 10-C
REPORT BY ISSUER OF SECURITIES QUOTED ON NASDAQ
INTERDEALER QUOTATION SYSTEM
FILED PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934 AND RULE 13a-17
OR 15d-17 THEREUNDER
NORTHERN TRUST CORPORATION
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(Exact name of issuer as specified in charter)
50 South LaSalle Street, Chicago, Illinois 60675
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(Address of principal executive offices)
Issuer's telephone number, including area code (312) 630-6000
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I. CHANGE IN NUMBER OF SHARES OUTSTANDING
Indicate any change (increase or decrease) of five percent or more in
the number of shares outstanding:
1. Title of security Common Stock
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2. Number of shares outstanding before the change 52,704,505 (as
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last reported on a Form 10C/A filed by the issuer on November 2,
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1994)
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3. Number of shares outstanding after the change 55,980,309
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4. Effective date of change March 31, 1995
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5. Method of change: Specify method (such as merger, acquisition,
exchange, distribution, stock split, reverse
split, acquisition of stock for treasury,
etc.)
A greater than 5% increase in the number of shares outstanding
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resulted from the cumulative effect of the issuance of shares in
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two separate acquisitions on March 31, 1995 and April 15, 1994<PAGE>
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and the issuance of shares under stock incentive plans and as
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bonuses.
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Give brief description of transaction: On the effective date of
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the change, 1,622,568 shares were issued in exchange for shares
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of Beach One Financial Services, Inc., which merged into a
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wholly-owned subsidiary of the issuer as of that date. An
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additional 534,113 shares had previously been issued in
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connection with the acquisition of Hazlehurst & Associates, Inc.,
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a corporation into which a wholly-owned subsidiary of the issuer
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merged on April 15, 1994.
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II. CHANGE IN NAME OF ISSUER
1. Name prior to change N/A
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2. Name after change N/A
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3. Effective date of charter amendment changing name N/A
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4. Date of shareholder approval of change, if required N/A
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Date April 7, 1995 /s/ Peter L. Rossiter
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(Officer's signature and title)
Peter L. Rossiter
Executive Vice President,
General Counsel and Secretary
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