Pricing Supplement Dated: January 12, 1995                 Rule 424(b)(3)
No.: FL102                                                 File No. 33-51227
(To Prospectus dated January 26, 1994 and                  
Prospectus Supplement dated March 24, 1994)

THE NOTE IS NOT A DEPOSIT AND IS NOT INSURED BY THE FDIC OR ANY OTHER
FEDERAL AGENCY.
                                                Wells Fargo & Company

Medium-Term Notes and Subordinated Medium-Term Notes, Series B, Due From 9 
Months to 12 Years From Date of Issue
Floating Rate                     Principal Amount: US$ $75,000,000.00
- ------------------------------------------------------------------------------
Trade Date:01/12/95    Issuance Date:  01/19/95Initial Interest Rate:*
Issue Price: 99.94400                          Regular Record Dates:            
Selling Agents's Discount                      Interest Payment Dates:
or Commission:           0.00000%              Stated Maturity Date: 07/19/96
Net Proceeds to Issuer:  $74,958,000.00
                      * Initial Interest Rate to be determined on 01/17/95
- -------------------------------------------------------------------------------
Form: _X_ Book Entry ___ Certificated  Ranking: _X_  Senior  ___  Subordinated
Interest Rate Basis:          Index Maturity      Spread: +/-            0.05
___ Commercial Paper Rate      ___   1 Month
_X_ LIBOR                      _X_   3 Months
___ Treasury Rate              ___   6 Months    Interest Determination Dates:
___ Prime Rate                 ___   1 Year      Interest Calculation Dates:
___ CD Rate                    ___   Other       Calculation Agent:
___ Federal Funds Rate                            Chemical Trust
___ Other (see attached)

Interest Payment Period:___ Monthly_X_ Quarterly ___ Semi-Annually ___ Annually
First Interest Reset Date: 03/15/95
Interest Reset Date:    ___ Daily     ___ Weekly        ___ Monthly
                        _X_ Quarterly ___ Semi-annually ___ Annually
Maximum Interest Rate:           Minimum Interest Rate:  
Redemption:                                       Repayment:
_X_ The Note cannot be redeemed prior to maturity _X_ The Note cannot be repaid
                                                      prior to maturity
___ The Note may be redeemed prior to maturity       ___ The Note may be repaid 
                                                         prior to maturity at 
    Earliest Redemption Date:                            the option of the 
                                                         holder of the Note
    Redemption Price: 
    Annual Redemption Price Reduction: 
       Sinking Fund Redemption Dates:        Repayment Date:  
       Sinking Fund Ammount:                 Repayment Price: 
   Discount Note    ___ Yes   _X_ No
     Total Amount of OID:    






     Yield to Maturity:      
     Initial Accrual Period: 
   Agent: MERRILL LYNCH
   Other Provisions:
       
       
       
       
     Terms are not completed for certain items above either because the such 
     items are not applicable or because the terms are as specified in the
     Prospectus Supplement.