Registration No. 333-73083 424 (b)(2)
Pricing Supplement No:236 Cusip:14912LE56
Dated: June 03,1999
Caterpillar Financial Services Corporation
Medium-Term Notes, Series F
(Fixed Rate)
With Maturities of 9 Months or More from Date of Issue
Interest payable each April 1 and October 1 and at Maturity
Principal Amount: Interest Rate: Proceed Amount:
$14,000,000 6.57% $13,965,000
Original Issue Date: Commission Fee: Maturity Date:
06/08/1999 $35,000 03/03/2003
Dealer:
Salomon Smith Barney
Specified Currency: Option to Elect Payment Authorized Denominations
x U.S. dollars in U.S. dollars (only applicable if
_ Other:___________ (only applicable if Specified Currency is
Specified Currency is other than U.S.
other than U.S. dollars): N/A
N/A
The Note is a: Exchange Rate Agent
X Global Note (if other than First
Certificated Note Trust New York): N/A
(only applicable if
Specified Currency
is other than U.S. dollars)
Original Issue Total Amount of OID: N/A Terms of Amortizing
Discount Note: Notes: N/A
Yes x No Issue Price (expressed
as a percentage of
aggregate principal
amount): 100%
Redemption Date(s) (including Redemption Price(s): N/A
any applicable regular or
special record dates): N/A
Repayment Date(s) (including Repayment Price(s): N/A
any applicable regular or
special record dates): N/A
Interest Rate Reset Option: _ Yes X No
Optional Reset Dates (only applicable if option to reset interest rate): N/A
Basis for Interest Rate Reset (only applicable if option to reset interest
rate): N/A
Stated Maturity Extension Option: _ Yes x No
Extension Period(s) and Final Maturity Date (only applicable if option to
extend stated maturity): N/A
Basis for Interest Rate During Extension Period (only applicable if option to
extend stated maturity): N/A
Historical Exchange Rate (only applicable if Specified Currency other than
U.S. dollars): N/A
The interest rates on the Notes may be changed by Caterpillar Financial
Services Corporation from time to time, but any such change will not affect
the interest rate on any Note ordered prior to the effective date of the
change. Prior to the date of this Pricing Supplement, $740.80MM principal
amount of the Notes had been sold at interest rates then in effect.
_________________________________
Pricing Supplement to Prospectus Supplement dated March 25, 1999
and Prospectus dated March 25, 1999
