$5,434,620,162
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
$25,000,000 [x] [x]
Original Issue Date: Fixed Rate Notes Certificated Notes
July 16, 1997 [_] [_]
Maturity Date:
July 16, 1998
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: 5.64797%
Index Maturity: One Month
Spread (plus or minus): -0.02%
* 8/18/97, 9/16/97, 10/16/97, 11/17/97, 12/16/97, 1/16/98,
2/17/98, 3/16/98, 4/16/98, 5/18/98 and 6/16/98.
** 8/18/97, 9/16/97, 10/16/97, 11/17/97, 12/16/97, 1/16/98, 2/17/98,
3/16/98, 4/16/98, 5/18/98, 6/16/98 and 7/16/98.
The distribution of Notes will conform to the requirements set forth in Rule
2720 of the NASD Conduct Rules.
NYFS04...:\25\22625\0122\1824\GGG7147U.350
