DEERE JOHN CAPITAL CORP
424B3, 1995-10-19
MISCELLANEOUS BUSINESS CREDIT INSTITUTION
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PROSPECTUS and				PRICING SUPPLEMENT NO. 15
PROSPECTUS SUPPLEMENT, each		effective at 1:15 pm ET
Dated July 13, 1995			Dated October 18, 1995
CUSIP: 24422EGE3				Commission File No.: 33-60383
						Filed pursuant to Rule 424(b)(3)


                        U.S. $838,850,000
                  JOHN DEERE CAPITAL CORPORATION

                     MEDIUM-TERM NOTES, SERIES C
            due from 9 Months to 30 Years from Date of Issue
                       (Floating Rate Notes)

Original Issue Date:				23 October 1995

Maturity Date:					23 October 1997

Issue Price:					100%

Issue Size:						$30,000,000

Proceeds:						$29,925,000

Interest Rate Basis:				Federal Funds Rate 										 	
Spread:						Plus 17 basis points (0.17%)

Initial Interest Determination Date		20 October 1995												
Day Count Convention:				Actual/360

Interest Reset Dates:			      Each Business Day to, but
						      excluding the date of Maturity


Interest:

	Interest on the Notes will be payable on the twenty third day of 
January, April, July, and October (each an "Interest Payment Date"), commencing
January 23, 1996.  Interest payable on each Interest Payment 
Date will include interest accrued from and including October 23, 1995 
or from and including the most recent Interest Payment Date to which 
interest has been paid, as the case may be, to but excluding such Interest
Payment Date or the date of Maturity as the case may be. Interest payable 
on any Interest Payment Date will be payable to the registered holders at 
the close of business on the fifteenth day (whether or not a Business Day)
preceding such Interest Payment Date. The "Interest Determination 
Date" pertaining to an Interest Reset Date will be the Business Day 
preceding such Interest Reset Date.


Lehman Brothers Inc.
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