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PRICING SUPPLEMENT NO. 93 Rule 424(b)(3)
DATED: November 6, 1996 File No. 333-03685
(To Prospectus dated May 23, 1996
and Prospectus Supplement dated May 23, 1996)
$4,954,795,162
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
$68,000,000 [x] [x]
Original Issue Date: Fixed Rate Notes Certificated Notes
11/06/96 [_] [_]
Maturity Date: 11/06/97
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
[_] LIBOR Reuters Interest Payment Date(s): **
[x] LIBOR Telerate
[_] Prime Rate Interest Payment Period: Monthly
[_] CMT Rate
Initial Interest Rate: 5.375%
Index Maturity: One month
Spread (plus or minus): +0.00%
- -------------------------
* 12/06/96, 1/06/97, 2/06/97, 3/06/97, 4/07/97, 5/06/97, 6/06/97,
7/07/97, 8/06/97, 9/08/97 and 10/06/97.
** 12/06/96, 1/06/97, 2/06/97, 3/06/97, 4/07/97, 5/06/97, 6/06/97,
7/07/97, 8/06/97, 9/08/97, 10/06/97 and 11/06/97.
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.
NYFS04...:\25\22625\0122\1824\FFFN066M.000
