<PAGE> 1
Pricing Supplement dated September 30, 1997 Rule 424(b)(3)
(To Prospectus dated January 16, 1997 and File No. 333-17121
Prospectus Supplement dated September 30, 1997)
UNION TANK CAR COMPANY
MEDIUM-TERM NOTES, SERIES A - FIXED RATE
- --------------------------------------------------------------------------------
Trade Date: September 30, 1997 Original Issue Date: October 3, 1997
Principal Amount: $30,000,000 Net Proceeds to Issuer: $29,820,000
Currency: U.S. $ Minimum Denomination: $1,000
Issue Price: 100%
Selling Agent's Commission: .600%
Interest Rate: 6.63%
Interest Payment Date(s): March 1 and September 1, commencing March 1, 1998
Maturity Date: October 3, 2004
- --------------------------------------------------------------------------------
Form: __X__ Book-Entry
_____ Certificated
Redemption: __X__ The Notes cannot be redeemed prior to maturity
_____ The Notes may be redeemed prior to maturity
Initial Redemption Date: N/A
Initial Redemption Price: N/A
Annual Redemption Price Reduction: N/A
Repayment: __X__ The Notes cannot be repaid prior to maturity
_____ The Notes can be repaid prior to maturity at the
option of the holder
Repayment Price: N/A
Repayment Date: N/A
Discount Note: _____ Yes
__X__ No
Total Amount of OID: N/A
Original Yield to Maturity: N/A
Initial Accrual Period OID: N/A
Method Used to Determine Yield for Initial Accrual
Period: ____ Approximate ____ Exact
Capacity: __X__ Agent _____ Principal
If as principal: _____ The Registered Notes are being offered at varying
prices related to prevailing market prices at the time
of resale.
_____ The Registered Notes are being offered at a fixed
initial public offering price ___% of Principal Amount.
The Registered Notes are being reoffered to dealers
with a reallowance not to exceed ___% of the
Commission or Fee.
SALOMON BROTHERS INC MORGAN STANLEY DEAN WITTER
<PAGE> 2
Pricing Supplement dated September 30, 1997 Rule 424(b)(3)
(To Prospectus dated January 16, 1997 and File No. 333-17121
Prospectus Supplement dated September 30, 1997)
UNION TANK CAR COMPANY
MEDIUM-TERM NOTES, SERIES A - FIXED RATE
- --------------------------------------------------------------------------------
Trade Date: September 30, 1997 Original Issue Date: October 3, 1997
Principal Amount: $20,000,000 Net Proceeds to Issuer: $19,875,000
Currency: U.S. $ Minimum Denomination: $1,000
Issue Price: 100%
Selling Agent's Commission: .625%
Interest Rate: 6.75%
Interest Payment Date(s): March 1 and September 1, commencing March 1, 1998
Maturity Date: October 3, 2007
- --------------------------------------------------------------------------------
Form: __X__ Book-Entry
_____ Certificated
Redemption: __X__ The Notes cannot be redeemed prior to maturity
_____ The Notes may be redeemed prior to maturity
Initial Redemption Date: N/A
Initial Redemption Price: N/A
Annual Redemption Price Reduction: N/A
Repayment: __X__ The Notes cannot be repaid prior to maturity
_____ The Notes can be repaid prior to maturity at the
option of the holder
Repayment Price: N/A
Repayment Date: N/A
Discount Note: _____ Yes
__X__ No
Total Amount of OID: N/A
Original Yield to Maturity: N/A
Initial Accrual Period OID: N/A
Method Used to Determine Yield for Initial Accrual
Period: ____ Approximate ____ Exact
Capacity: __X__ Agent _____ Principal
If as principal: _____ The Registered Notes are being offered at varying
prices related to prevailing market prices at the time
of resale.
_____ The Registered Notes are being offered at a fixed
initial public offering price ___% of Principal Amount.
The Registered Notes are being reoffered to dealers
with a reallowance not to exceed ___% of the
Commission or Fee.
SALOMON BROTHERS INC MORGAN STANLEY DEAN WITTER
