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.