XTRA INC
424B5, 1995-08-22
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                        Filed pursuant to Rule 424 (b)(5):
                               File No. 33-43481
                               File No. 33-54747

     Pricing Supplement No. 31 dated August 18, 1995 (to Prospectus Supplement
dated March 2, 1995 and Prospectus dated February 28, 1995).

                                   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
                                     and
                               XTRA Missouri, Inc.
                        _______________________________

Original Issue Date:     August 23, 1995

Principal amount:        $12,000,000

Book Entry:              X

Certificated:            N/A

Interest Rate (if fixed rate):     6.925%

Stated Maturity:         August 23, 2000

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 (%):   $11,940,000 (99.500%)

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:

     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 a Revolving Credit and Term Loan Agreement with Bank of
America, National Trust and Savings Association, as Agent.  The maturity date
of the revolving period under the Revolving Credit Agreement is June 30, 1997,
with final maturity of the term period on June 30, 2002.  The current interest
rate on borrowings to be repaid is 6.0%.  Borrowings under the Revolving Credit
and Term Loan Agreement being repaid were used to finance capital expenditures
and working capital needs as well as the acquisition of certain assets of
Matson Leasing Company. 





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