DEERE JOHN CAPITAL CORP
424B3, 1994-10-12
MISCELLANEOUS BUSINESS CREDIT INSTITUTION
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11 October 1994


Securities and Exchange Commission
Attention:  Filing Desk
Judiciary Plaza
450 Fifth Street, N.W.
Washington, DC  20549

Re:	John Deere Capital Corporation
	Registration No. 33-66082

Dear Sirs:

Enclosed for filing pursuant to Rule 424 (b) (3) under the Securities Act of 
1933 is a copy of pricing supplement number 7 dated 11 October 1994 to the 
prospectus dated August 6, 1993.  

If you have any questions or if I may be of any assistance, please call me 
at 309/765-5201.

Very truly yours,



Keith R. Knight
Medium Term Note Sales Representative

/cgm

Enclosure

c:	Michael A. Harring

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