GENERAL AMERICAN TRANSPORTATION CORP /NY/
424B5, 1995-05-11
TRANSPORTATION SERVICES
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                                   Filed Pursuant to Rule 424(b)(5)
                                   Registration No. 33-52301


PRICING SUPPLEMENT NO.   16   DATED   May 11, 1995 

(To Prospectus dated February 25, 1994 and Prospectus Supplement dated
March 24, 1994)

General American Transportation Corporation

Medium-Term Notes, Series E
Due Nine Months or More From Date of Issue


FIXED RATE NOTES

Principal Amount:  $10,000,000.00                      Issue Price:  100%

Original Issue Date:  May 16, 1995           Stated Maturity Date:  May 16, 2000

Form:      X  Book-Entry         Certificated
         -----              -----
Interest Rate:  6.90%

Interest Payment Dates:
     Semi-annually on each June 15 and December 15, commencing June 15, 1995

Optional Interest Rate Reset:       Yes   X  No
                               -----    -----
     Optional Reset Dates:

Optional Extension of Maturity:        Yes      X  No
                                  -----       -----
     Extension Period:
     Number of Extension Periods:
     Final Maturity Date:

Redemption, Optional Repayment and/or Other Provisions (if applicable):

     The Notes are not repayable at the option of the holder prior to maturity
     and are not subject to mandatory or optional redemption.

Salomon Brothers Inc

Acting as:    X   Agent            100% price to purchaser(s)
             -----
                  Principal        To be reoffered to the public
            ------            -----initially at 100%
                                   To be reoffered at varying prices
                              -----related to prevailing market prices
                                   To be reoffered to dealers with a
                              -----reallowance not to exceed       % of the
                                   Commission or Fee          -----



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