PRICING SUPPLEMENT NO. 95-52 & 96-1 Dated October 30, 1996 Rule 424(b)(2)
To Prospectus Supplement Dated March 2, 1995 File No. 33-57541
and Prospectus Supplement Dated August 22, 1996 File No. 33-64357
BENEFICIAL CORPORATION
Medium-Term Notes, Series H
(Book Entry Notes)
Merrill Lynch & Co., Merrill Lynch, Pierce, Fenner & Smith Incorporated,
purchased $100,000,000 principal amount of these Medium-Term Notes,
Series H, maturing on November 4, 1999, at a principal price of
$100,000,000.00 for resale to investors from time to time at prices based
on market conditions at the time of resale.
Floating Rate Notes Due 9 Months or More from Date of Issue
Maturity Date: November 4, 1999 Interest Payment Period:
Quarterly
Interest Rate Basis:
LIBOR Interest Reset Period:
Quarterly
Specify Other Base Rate: N/A
Interest Reset Dates:
Index Maturity: 3-month Same as Interest Payment Dates
Spread: plus 0.07% Settlement Date (Issue Date):
November 4, 1996
Spread Multiplier: N/A
Calculation Agent:
Maximum Interest Rate: N/A The Chase Manhattan Bank
Minimum Interest Rate: N/A Optional Repayment Date(s):
N/A
Interest Payment Dates:
The 4th of each February, May, Additional Terms:
August and November, commencing For the purposes of the Notes
on February 4, 1997 through contemplated hereunder, interest
and including the Maturity Date. payments will include interest
accrued to, but excluding the
Interest Payment Date.
Initial Interest Rate:
Determined as if the Settlement
Date was an Interest Reset Date.
The Notes sold to Merrill Lynch & Co., Merrill Lynch, Pierce, Fenner &
Smith Incorporated to which this PRICING SUPPLEMENT relates are
registered under File No. 33-57541 in the amount of $21,900,000.00 and
File No. 33-64357 in the amount of $78,100,000.00.
