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PRICING SUPPLEMENT NO. 49 Rule 424(b)(3)
DATED: March 17, 1995 File No. 33-55673
(To Prospectus dated October 7, 1994
and Prospectus Supplement dated October 7, 1994)
$3,891,376,750
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
$100,000,000 [x] [x]
Original Issue Date: Fixed Rate Notes Certificated Notes
03/23/95 [_] [_]
Maturity Date: 03/22/96
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
[_] CMT Rate
Initial Interest Rate: ***
Index Maturity: One Month
Spread (plus or minus): +.10%
- -------------------------
* 04/24/95, 05/22/95, 06/22/95, 07/24/95, 08/22/95, 09/22/95, 10/23/95,
11/22/95, 12/22/95, 01/22/96 and 02/22/96.
** 04/24/95, 05/22/95, 06/22/95, 07/24/95, 08/22/95, 09/22/95, 10/23/95,
11/22/95, 12/22/95, 01/22/96, 02/22/96 and 03/22/96.
*** One month LIBOR rate as of March 21, 1995 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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