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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 BlTu84fzZ+wHs6qX6w1MNM5KbRCo7ExowHPpvBQPybcpE1oEni+DAxhncQ5RO859
 NWpME1z7QfRAmbrZbbKEFg==

<SEC-DOCUMENT>0000950109-96-007204.txt : 19961108
<SEC-HEADER>0000950109-96-007204.hdr.sgml : 19961108
ACCESSION NUMBER:		0000950109-96-007204
CONFORMED SUBMISSION TYPE:	424B2
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		19961107
SROS:			NYSE

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CORESTATES FINANCIAL CORP
		CENTRAL INDEX KEY:			0000069952
		STANDARD INDUSTRIAL CLASSIFICATION:	NATIONAL COMMERCIAL BANKS [6021]
		IRS NUMBER:				231899716
		STATE OF INCORPORATION:			PA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		424B2
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-02297
		FILM NUMBER:		96655726

	BUSINESS ADDRESS:	
		STREET 1:		CENTRE SQ W
		STREET 2:		1500 MARKET ST
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19101
		BUSINESS PHONE:		2159733806

	MAIL ADDRESS:	
		STREET 1:		1500 MARKET ST
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19101

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NATIONAL CENTRAL FINANCIAL CORP
		DATE OF NAME CHANGE:	19830517
</SEC-HEADER>
<DOCUMENT>
<TYPE>424B2
<SEQUENCE>1
<DESCRIPTION>PRICING SUPPLEMENT #131
<TEXT>

<PAGE>
 
                               Rule 424 (b) (2)
                               File Numbers: 333-2297 and 33-54049

Pricing Supplement Number:  131                      Dated:  November 1, 1996
                          -------                            -----------------

(To Prospectus dated May 14, 1996 and Prospectus Supplement dated 
June 14, 1996).

                                $1,550,000,000
                            CORESTATES CAPITAL CORP
                  Senior Medium-Term Floating Rate Notes Due
                    Nine Months or More From Date of Issue
        Unconditionally Guaranteed as to Payment of Principal, Premium,
                            if any, and Interest by
                           CORESTATES FINANCIAL CORP

Cusip:                         21869EFN0

Principal Amount:              35,000,000.00

Settlement Date:               11/05/96

Base Rate:                     Libor (TELRATE Pg 3750)

Index Maturity:                1 Month Libor

Initial Interest Rate:         5.495% (5.375 TELRATE Pg 3750 11/01/96)

Spread or Spread Multiplier, if applicable:     Plus 12 BPS

Interest Rate Reset Dates:     MONTHLY ON THE FIFTH DAY OF EACH MONTH OR
                               NEXT GOOD BUSINESS DAY

Interest Payment Dates:        MONTHLY ON THE FIFTH DAY OF EACH MONTH OR
                               NEXT GOOD BUSINESS DAY

First Coupon:                  12/05/96

Day Count:                     ACTUAL/360

Stated Maturity Date:          11/05/01

Maximum Interest Rate, if any:

Minimum Interest Rate, if any:

Alternate Rate Event Spread, if any:

Initial Redemption Date, if any:

Initial Redemption Percentage, if any:

Annual Redemption Percentage Reduction, if any:

Optional Repayment Dates, if any:
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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