<PAGE> Filed Under Rule 424 (b)(3)
Registration Statement No. 33-54359
SUPPLEMENT NO. 34 TO PROSPECTUS DATED JULY 7, 1994
(AS SUPPLEMENTED JULY 14, 1994)
AT&T CAPITAL CORPORATION
Medium Term Notes, Series 2
Due Nine Months or More From Date of Issue.
Issue Price: 100%
(as a percent of principal amount)
Fixed and Floating Rate Notes
Interest Rate
Range of Maturities Per Annum
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From 1 year to 2 years ............................ 7.63%
Date of Sale: January 31, 1995
Redemption:
Check applicable sentence.
X The Notes cannot be redeemed prior to maturity
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The Notes may be redeemed prior to maturity
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Redemption Date: Redemption Price:
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(as a percent of principal amount)
Repayment:
Check applicable sentence.
X The Notes cannot be repaid prior to maturity.
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The Notes may be repaid prior to maturity.
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Repayment Date: Repayment Price:
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(as a percent of principal amount)