Pricing Supplement No.59L  Dated January 21, 1999     Rule 424(b)(2)
(To Prospectus dated August 21, 1998 and             File No's. 33-64261
Prospectus Supplement dated August 21, 1998)             and   333-56573 

THE CHASE MANHATTAN CORPORATION


[X]	Senior Medium -Term Notes, Series C  Due From Nine
	Months to Thirty Years from Date of Issue

[  ]	Subordinated Medium Term Notes , Series A Due From
	Nine Months to Thirty Years from Date of Issue

	Principal Amount: $25,000,000.00
	Issue Price: 100%
	Commission or Discount:$75,000.00  
	Proceeds to Company:  $24,925,000.00
	Agent: LEHMAN BROTHERS 

	Agent's Capacity:  [X]     As agent    [ ]  As principal
	
	If as principal
		[ ]   The Notes are being offered at varying prices to 
		        prevailing market prices at the time of sale

		[ ]   The Notes are being offered at a fixed initial public
		        offering price equal to the Issue Price (as a 
		        percentage of Principal Amount).

	Original Issue Date: JANUARY 28, 1999
	Stated Maturity:	   	JANUARY 28, 2004
	
	Form:  [X]   Book-entry [  ]   Certificated
	Currency:   U.S. Dollars

[ ]	Fixed Rate Note:
   	 

[X]Floating Rate Note:   CD[   ]   Commercial Paper Rate [   ]
			     Federal Fund Effective Rate [  ] CMT [ ]
			     LIBOR Telerate [X]  LIBOR Reuter [  ]
			     Treasury Rate [ ]     Prime Rate   [ ]

	Initial Interest Rate:               
 
	Int.Determ.Dates: Two Business days prior to Reset Dates
          

	Interest Payment Dates: 28TH day of APR. JULY, OCT & JAN.  or next  
                         good business day
                              
 Interest  Reset Dates: 28TH day of APR. JULY, OCT & JAN. or next
                          good business day

	Index Maturity:3 MTH LIBOR                
	Spread (+/-): +27BPS  
 Spread Multiplier:
 Maximum Interest Rate:
	Minimum Interest Rate:	
	Optional Redemption  :   Yes [ ]       No  [X]