Filed Pursuant to Rule 424(b)(5)
Registration No. 33-52301
PRICING SUPPLEMENT NO. 21 DATED November 8, 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: November 10, 1995 Stated Maturity Date: November 10, 2000
Form: X Book-Entry Certificated
---- -----
Interest Rate: 6.36%
Interest Payment Dates:
Semi-annually on each June 15 and December 15, commencing December 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.
Morgan Stanley & Co. Incorporated
Acting as: Agent 100% price to purchaser(s)
-----
X Principal To be reoffered to the public
----- ----- initially at 100%
X 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 ---
<PAGE>
