Pricing Supplement Dated: 09/24/1997 WELLS FARGO & COMPANY Rule 424(b)(2) No: FL 155 Floating Rate File No. (To Prospectus dated: August 30, 1996 and prospectus dated: September 11, 1996) Medium Term Notes and Subordinated Medium-Term Notes, Series B THE NOTE IS NOT A DEPOSIT AND IS NOT INSURED BY THE FDIC OR ANY OTHER CUSSIP NO: 94974HKD8 Principal Amount: $ 200000000.00 Trade Date: 09/24/1997 Original Issuance Date: 09/29/1997 Issue Price: 100.00000 Initial Interest Rate: 5.57375% Seller Agent's Discount Stated Maturity: 10/26/1998 or Commission 0.00000% Regular Record Dates: Interest Payment Dates: Net proceeds to Issuer: $ 200000000.00 Form:_X_ Book Entry:___ Certificated Ranking: Senior_X_ Subordinated ___ Interest Rate Basis: Index Maturity Interest Payment Period ___ Commercial Paper Rate ___ Daily ___5 Year __ Monthly _X_ LIBOR Telerate (Unless LIBOR ___ 1 Month___7 Year _X Quarterly Reuters is designated below) _X_ 3 Month___10 Year __ Semi-Annualy ___ LIBOR Reuters ___ 6 Month___20 Year __ Annualy ___ Treasury Rate ___ 1 Year ___30 Year ___ Prime Rate ___ 2 Year ___Other ___ CD Rate ___ 3 Year ___ Federal Funds Rate Spread: -14.500 ___ CMT Rate (Telerate Page 7052 - Week Unless otherwise designated below) and/or Spread Multiplier: ___ Telerate Page 7052 - Month Maximum Interest Rate: 0.00% ___ Telerate Page 7055 Minimum Interest Rate: 0.00% ___11th Dist. cost of Funds Rate First Interest Reset Date: ___Other (see attached) Redemption: Repayment: _X_ The Note cannot be redeemed _X_ The Note cannot be repayed ___ The Note may be redeemed ___The Note maybe repayed prior to maturity at the option of the Earliest Redemption Date: / / Redemption Price: 0.00% Repayment Date: Annual Redemption Price Reduction: Repayment Price: Sinking Fund Redemption Dates: Sinking Fund Amount: Discount Note: ___ Yes _X_ No Agent: MORGAN STANLEY Total Amount of OID: 0.00 Yield to Maturity: 0.00 Basis of Sale to Public: ___ Agent is acting as Agent for sale of Notes to the Public at the "Issue _X_ Agent is purchasing Notes as Principal for resale to investors and other investors at varying prices related to prevailing market prices at the ___ Agent is purchasing Notes as principal for resale to investors and other purchasers at a fixed initial public offering of 0.00% of the Other Provisions: Terms are not completed for certain items above either because such items are not applicable or because the terms are as specified in the Prospectus