BEAR STEARNS COMPANIES INC
424B3, 1994-05-27
SECURITY BROKERS, DEALERS & FLOTATION COMPANIES
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PRICING SUPPLEMENT NO. 13                                    Rule 424(b)(3)
DATED:  May 26, 1994                                      File No. 33-52701
(To Prospectus dated April 8, 1994
and Prospectus Supplement dated April 8, 1994)


                               $2,873,608,750
                      THE BEAR STEARNS COMPANIES INC.
                        MEDIUM-TERM NOTES, SERIES B
          WITH MINIMUM MATURITY OF NINE MONTHS FROM DATE OF ISSUE

 Principal Amount:            Floating Rate Notes Book Entry Notes
 $30,000,000                  [x]                 [x]

 Original Issue Date:         Fixed Rate Notes    Certificated Notes
 6/02/94                      [_]                 [_]

 Maturity Date: 6/02/95

 Option to Extend Maturity:   No  [x]

                              Yes [_]   Final Maturity Date:

                                      Optional           Optional
                    Redemption        Repayment          Repayment
 Redeemable On      Price(s)          Date(s)            Price(s)
 -------------      --------          -------            --------
 N/A                N/A               N/A                N/A

Applicable Only to Fixed Rate Notes:
- -----------------------------------
Interest Rate:  

Applicable Only to Floating Rate Notes:
- --------------------------------------

 Interest Rate Basis:                  Maximum Interest Rate: N/A

 [_]  Commercial Paper Rate            Minimum Interest Rate: N/A

 [_]  Federal Funds Rate               Interest Reset Date(s): *

 [_]  Treasury Rate                    Interest Reset Period: Monthly

 [x]  LIBOR                            Interest Payment Date(s): **

 [_]   Prime Rate                      Interest Payment Period: Monthly

 Initial Interest Rate: ***

 Index Maturity:  One Month

 Spread (plus or minus):  +.10%
                         
- -------------------------
*  7/5/94, 8/2/94, 9/2/94, 10/3/94, 11/2/94, 12/2/94, 1/3/95, 2/2/95,
   3/2/95, 4/3/95 and 5/2/95.

** 7/5/94, 8/2/94, 9/2/94, 10/3/94, 11/2/94, 12/2/94, 1/3/95, 2/2/95,
   3/2/95, 4/3/95,  5/2/95 and 6/2/95.

***  One Month LIBOR rate as of May 31, 1994 plus 10 basis points.

The distribution of Notes will conform to the requirements set forth in the
applicable sections of Schedule E to the By-laws of the National
Association of Securities Dealers, Inc.




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