BEAR STEARNS COMPANIES INC
424B3, 1998-05-05
SECURITY BROKERS, DEALERS & FLOTATION COMPANIES
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PRICING SUPPLEMENT NO. 76                                      Rule 424(b)(3)
DATED: April 30, 1998
(To Prospectus dated January 21, 1998
and Prospectus Supplement dated January 21, 1998


                                 $7,096,595,162
                         THE BEAR STEARNS COMPANIES INC.
                           MEDIUM-TERM NOTES, SERIES B
             WITH MINIMUM MATURITY OF NINE MONTHS FROM DATE OF ISSUE


Principal Amount:  $25,000,000    Floating Rate Notes [x]  Book Entry Notes [x]

Original Issue Date:              Fixed Rate Notes [_]    Certificated Notes [_]
May 5, 1998


Maturity Date:                    CUSIP#: 073928 BL 6
May 6, 2003

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: Three Months

[_]           LIBOR Reuters               Interest Payment Date(s): **

[x]           LIBOR Telerate

[_]           Prime Rate                  Interest Payment Period: Quarterly

[_]           CMT Rate

Initial Interest Rate: ***

Index Maturity:  Three Months

Spread (plus or minus): +0.21%

- --------------------------

*        On the 6th of each August, November, February and May.

**       On the 6th of each August, November, February and May.

***      The three-month LIBOR rate on May 1, 1998 plus 21 basis points.

The distribution of Notes will conform to the requirements set forth in Rule
2720 of the NASD Conduct Rules.


NYFS04...:\25\22625\0122\2041\SUP5048M.570



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