Pricing Supplement No. 36 Rule 424(b)(3)
Dated August 21, 1995 File No. 33-60249
(To Prospectus dated June 27, 1995 and
Prospectus Supplement dated July 14, 1995)
INGERSOLL-RAND COMPANY
Medium-Term Notes, Series A, Due Nine Months
or More from Date of Issue - Fixed Rate
Trade Date: August 18, 1995
Principal Amount: $8,000,000
Issue Price: 100.00%
Selling Agent's Commission: 0.24%
Interest Rate: 6.41%
Interest Payment Date(s): Jan 15, July 15
Interest Payment Commencing Date: January 15, 1996
Stated Maturity: July 30, 1997
Original Issue Date: August 23, 1995
Net Proceeds to Issuer: $7,980,800
Regular Record Date(s): Jan 1, July 1
CUSIP NO.: 45686X BM4
Name of Trustee: The Bank of New York
Form: [X] Book-Entry Note
[ ] Certificated Note
Redemption: [X] The Notes cannot be redeemed prior to
maturity
[ ] The Notes may be redeemed prior to maturity
Initial Redemption Date:
Initial Redemption Price: $ -
Annual Redemption Price Reduction: $ -
Repayment: [X] The Notes cannot be repaid prior to
maturity
[ ] The Notes can be repaid prior to maturity
at the option of the holder
Repayment Price: $ -
Repayment Date:
Amortizing Note: [ ] Yes
[ ] No
Basis for formula for amortization:
Discount Note: [ ] Yes
[ ] No
Total Amount of Original Issue Discount ("OID"): $ -
Original Yield to Maturity:
Initial Accrual Period OID:
Method Used to Determine Yield for Initial Accrual Period:
[ ] Approximate [ ] Exact
Capacity: [X] Agent [ ] Principal
If as principal: [ ] The Notes are being offered at varying
prices related to prevailing market
prices at the time of resale.
[ ] The Notes are being offered at a fixed
initial public offering price [ ]% of
Principal Amount. The Notes are being
reoffered to dealers with a
reallowance not to exceed [ ]% of the
discount.
Special Provision:
Agents:
SALOMON BROTHERS, INC. $ -
MERRILL LYNCH & CO. $ -
CHASE SECURITIES, INC. $ -
GOLDMAN, SACHS & CO. $ 8,000,000
J. P. MORGAN SECURITIES, INC. $ -
