SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report: August 28, 1998
(Date of earliest event reported)
JOHN DEERE CAPITAL CORPORATION
(Exact name of registrant as specified in charter)
DELAWARE
(State or other jurisdiction of incorporation)
1-6458
(Commission File Number)
36-2386361
(IRS Employer Identification Number)
Suite 600
First Interstate Bank Building
1 East First Street
Reno, Nevada 89501
(Address of principal executive offices and zip code)
(702) 786-5527
(Registrant's telephone number, including area code)
_______________________________________
(Former name or former address, if changed since last report.)
Page 1 of 2 pages.
<PAGE>
Item 5. Other Events.
On August 28, 1998, the Registrant announced that it has elected
to redeem on September 28, 1998 (the "Redemption Date") all of its
outstanding 6.375% Medium-Term Notes, Series C due September 27,
2002 (the "Notes"). The redemption price will be equal to the
principal amount of the Notes. September 28, 1998 is also an
interest payment date for the Notes. Payment will be made upon
presentation and surrender of the Notes: if by hand, at The Chase
Manhattan Bank, Corporate Trust-Securities Window, 55 Water
Street, Room 234, North Building, New York, New York 10041, or if
by mail, to The Chase Manhattan Bank, c/o Chase Bank of Texas N.A.,
Corporate Trust Services, P. O. Box 219052, Dallas, Texas
75221-9052.
Signature
---------
Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned hereto duly authorized.
JOHN DEERE CAPITAL CORPORATION
By: /s/ Frank S. Cottrell
----------------------------
Frank S. Cottrell, Secretary
Dated: August 28, 1998
Page 2
