-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: keymaster@town.hall.org
Originator-Key-Asymmetric:
 MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq
 pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ==
MIC-Info: RSA-MD5,RSA,
 hoLyuKuT0VxDekQh7FpWudCVCu7mrvlHwz0srd+iwt5Daj54m72b5E64b1zYnEmb
 6PUZqI2EHeRqhg/c9xhs9w==

<IMS-DOCUMENT>0000798263-94-000008.txt : 19940809
<IMS-HEADER>0000798263-94-000008.hdr.sgml : 19940809
ACCESSION NUMBER:		0000798263-94-000008
CONFORMED SUBMISSION TYPE:	424B3
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		19940808

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SOUTHWESTERN BELL CAPITAL CORP
		CENTRAL INDEX KEY:			0000798263
		STANDARD INDUSTRIAL CLASSIFICATION:	4813
		IRS NUMBER:				431420172
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		424B3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	033-45490
		FILM NUMBER:		94542250

	BUSINESS ADDRESS:	
		STREET 1:		175 E. HOUSTON
		STREET 2:		ROOM 9-P-60
		CITY:			SAN ANTONIO
		STATE:			TX
		ZIP:			78205
		BUSINESS PHONE:		210-351-30

	MAIL ADDRESS:	
		STREET 1:		175 E. HOUSTON
		STREET 2:		ROOM 9-P-60
		CITY:			SAN ANTONIO
		STATE:			TX
		ZIP:			78205

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SOUTHWESTERN BELL CORP
		CENTRAL INDEX KEY:			0000732717
		STANDARD INDUSTRIAL CLASSIFICATION:	4813
		IRS NUMBER:				431301883
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		424B3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	033-45490-01
		FILM NUMBER:		94542251

	BUSINESS ADDRESS:	
		STREET 1:		175 E. HOUSTON ROOM 9-N-4
		STREET 2:		P.O. BOX 2933
		CITY:			SAN ANTONIO
		STATE:			TX
		ZIP:			78299-2933
		BUSINESS PHONE:		210-351-30

	MAIL ADDRESS:	
		STREET 1:		175 E. HOUSTON ROOM 9-N-4
		STREET 2:		P.O. BOX 2933
		CITY:			SAN ANTONIO
		STATE:			TX
		ZIP:			78299-2933
</IMS-HEADER>
<DOCUMENT>
<TYPE>424B3
<SEQUENCE>1
<DESCRIPTION>PRICING SUPPLEMENT
<TEXT>

  

                                       Rule 424(b)(3)
                                       File No. 33-45490
                                       File No. 33-45490-01


PRICING SUPPLEMENT NO.   28D   DATED     August 8, 1994
(To Prospectus Dated August 12, 1992, as supplemented by the
 Prospectus Supplement Dated August 19, 1992)



SOUTHWESTERN BELL CAPITAL CORPORATION
Medium-Term Notes, Series D
Due From 9 months to 30 Years From Date of Issue




Fixed Rate Note

Trade Date:     08/04/94      Interest Rate Per Annum: 7.69%

Settlement Date:   08/11/94      Stated Maturity Date:08/11/2004

Issue Price (expressed as a percentage
of the Principal Amount, before Agent's discount):    100%

Agent's commission or discount from Issue
Price (expressed as a percentage of the Issue Price):   0.625%


Regular Interest Payment Dates:  March 1 and September 1

Form of Note:  Book Entry          Depository:  DTC

Principal amount offered to or through each Agent:

$12,000,000   Salomon Brothers Inc, acting as:             agent
                                                    X  principal

$6,100,000    The First Boston Corporation, acting as:     agent
                                                    X  principal

$2,500,000    Merrill Lynch & Co., acting as:           X  agent
                                                       principal

If acting as principal, the Agents propose to resell the Notes at
varying prices related to prevailing market prices at the time of
resale, as determined by each Agent.  Each Agent will be
committed to take and pay for its respective principal amount of
the Notes if any are taken by such Agent.


Redemption:

         The Notes are not redeemable prior to the Maturity Date.

     X   The Notes are redeemable prior to the Maturity Date at the
         option of the Company on or after   August 11, 2001  at par.

</TEXT>
</DOCUMENT>
</IMS-DOCUMENT>
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