Pricing Supplement Dated July 6, 1994

(To Prospectus dated April 12, 1994 and
Prospectus Supplement dated April 14, 1994)

The Charles Schwab Corporation

Medium-Term Notes, Series A
(Fixed Rate)

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Trade Date: July 6, 1994                Original Issue Date:  July 13, 1994
Principal Amount:  $20,000,000          Net Proceeds to Issuer:  $19,900,000
Issue Price:  100%            							   Interest Payable: March 1, September 1,
Agent's Discount or Commission: .500%                     and at maturity.
Interest Rate:  7.72%         										Agent's Capacity: ___ Agent
Maturity Date:  July 15, 1999                              x  Principal
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Form:
                x Book-Entry
                  Certificated

Redemption:
                x The Notes cannot be redeemed prior to maturity
                  The Notes may be redeemed prior to maturity

          Initial Redemption Date:
          Initial Redemption Price:
          Annual Redemption Price Reduction:

Repayment:
                x The Notes cannot be repaid prior to maturity
                  The Notes can be repaid prior to maturity at the option of
                  the holder of the note

          Repayment Date:
          Repayment Price:

Discount Note:         Yes     x No

          Total Amount of OID:
          Yield to Maturity:
          Initial Accrual Period:

Ranking:   x Senior    Senior Subordinated

                     Merrill Lynch & Co.