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 -----