<PAGE> Filed Under Rule 424 (b)(3)
Registration Statement No. 33-61003
SUPPLEMENT NO. 51 TO PROSPECTUS DATED SEPTEMBER 20, 1995
(AS SUPPLEMENTED OCTOBER 19, 1995)
AT&T CAPITAL CORPORATION
Medium Term Notes, Series 3
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
- ------------------- -------------
From 9 Months to less than 1 year ................... Float%
SETTLEMENT DATE: 05/15/96
INITIAL PAYMENT DATE: 08/15/96
MATURITY DATE: 05/15/97
DAYCOUNT: ACTUAL/360
INDEX: Prime - 2.78%
SOURCE: Federal Reserve H.15 Release
RESET FREQUENCY: Daily
PAYMENT FREQUENCY: Quarterly
PAYMENT: 15th of Aug. & Nov. 1996, Feb. 1997 and Maturity
INTEREST DETERMINATION: Daily Reset, Weighted Average, paid quarterly -,
1 N.Y. Business Day prior to period end dates
REDEMPTION: Non-Call Life
AMOUNT OF SALE: $50,000,000
CUSIP NUMBER: 00206HZW7
Date of Sale: May 10, 1996
