XTRA INC
424B5, 1994-08-19
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                    Filed pursuant to Rule 424(b)(5):
                    File No. 33-43481
                    File No. 33-54747


     Pricing Supplement No. 5 dated August 18, 1994 (to Prospectus Supplement
dated August 15, 1994 and Prospectus dated August 3, 1994).

                                   XTRA, Inc.

                           Series C Medium-Term Notes

                         Due From 9 Months to 30 Years
                               From Date of Issue

                            Guaranteed as to Payment
                             of Principal, Premium,
                            if any, and Interest by

                                XTRA Corporation

                      ___________________________________


Original Issue Date:  August 25, 1994

Principal amount:     $5,000,000

Book Entry:           X

Certificated:         N/A

Interest Rate (if fixed rate):     7.47%  

Stated Maturity:      July 30, 1999

Issue price (as a percentage of principal amount):  N/A  

Selling Agent's commission (%):  .500%

Purchasing Agent's discount or commission (%):  N/A  

Net Proceeds to the Company (%):  $4,975,000

Initial Redemption Date (if any):  N/A

Redemption Prices:  N/A

Interest Payment Dates:  April 1 and October 1  

Regular Record Dates:    March 15 and September 15

Floating Rate Notes:     N/A

     Interest Rate basis (if floating):

     ___Commercial Paper
     ___Prime Rate
     ___LIBOR
     ___Treasury Rate
     ___CD Rate
     ___Federal Funds Rate
     ___Other

     Index Maturity:

     Spread:

     Spread Multiplier:

     Maximum Interest Rate:

     Minimum Interest Rate:

     Interest Reset Date:

     Initial Interest Rate:

     Interest Determination Date(s):

     Calculation Date(s):

     Calculation Agent:


Use of Proceeds:

          The proceeds of the Note will be used to repay in part outstanding
          short-term borrowings under two Revolving Credit and Term Loan
          Agreements with by The First National Bank of Boston and Continental
          Bank, N.A., as Agents, respectively.  The maturity dates of the
          revolving periods under the Revolving Credit Agreements are December
          31, 1995 and May 31, 1996, with final maturity of the term periods on
          December 31, 2000 and May 31, 2001.  The current interest rate on
          borrowings to be repaid is 4.8%.  Borrowings under the Revolving
          Credit Agreements being repaid were used to finance capital
          expenditures and working capital needs.









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