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                 SECURITIES AND EXCHANGE COMMISSION
                                  
                       Washington, D.C. 20549
                                  
                              Form 8-K
                                  
          CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF
                 THE SECURITIES EXCHANGE ACT OF 1934
                                  
                                  
                                  
                   Date of Report   March 18, 1997
                  (Date of earliest event reported)



                   THE CHASE MANHATTAN CORPORATION
       (Exact name of registrant as specified in its charter)



     Delaware                  1-5805           13-2624428
(State or other jurisdiction (Commission file  (I.R.S. Employer
 of incorporation)              number)       Identification No.)



     270 Park Avenue, New York, NY                        10017
(Address of principal executive offices)               (Zip Code)




                           (212) 270-6000
        (Registrant's telephone number, including area code)


                           Not applicable
    (Former name or former address, if changed since last report)


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Item 5.  Other Events

      On March 18, 1997, The Chase Manhattan Corporation announced an

11% increase in its quarterly Common Stock dividend to $.62 per share

from $.56 per share.

     A copy of the press release is attached as an exhibit hereto.


Item 7.   Financial Statements, Pro Forma Financial Information and
Exhibits


The following exhibit is filed with this Report:


Exhibit Number                     Description
- -----------      --------------------------------------


    99.1         Press Release.









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                              SIGNATURE



     Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.







                         THE CHASE MANHATTAN CORPORATION
                              (Registrant)



                         By:  /s/ Anthony J. Horan
                           -------------------------------
                           Anthony J. Horan
                           Corporate Secretary



Dated: March 18, 1997






















                                 -3-



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                            EXHIBIT INDEX
                      ------------------------



Exhibit Number              Description
- --------------      -------------------------------



99.1                Press Release.





























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146128

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The Chase Manhattan Corporation
270 Park Avenue
New York, NY  10017-2070



                           News Release



Investor Contact:  John Borden     Press Contacts:  John Stefans
                (212) 270-7318                       (212) 270-7438
                                                     Ken Herz
                                                     (212) 270-4621


          For Immediate Release
          Tuesday, March 18, 1997



                       Chase Raises Dividend


          New York, March 18 -- The Board of Directors of The Chase
     Manhattan  Corporation today increased the quarterly  dividend
     on  outstanding  shares of the Corporation's common  stock  to
     $.62  per  share, up 11 percent from $.56 per  share,  payable
     April  30,  1997  to shareholders of record at  the  close  of
     business  on  April 4, 1997.  On an annual basis,  this  would
     represent an increase in the dividend rate to $2.48 per  share
     from $2.24 per share.







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