<PAGE> Filed Under Rule 424 (b)(3)
Registration Statement No. 333-18367
SUPPLEMENT NO. 34 TO PROSPECTUS DATED JANUARY 3, 1997
(AS SUPPLEMENTED JANUARY 10, 1997)
AT&T CAPITAL CORPORATION
Medium Term Notes, Series 4
Due Nine Months or More From Date of Issue.
Issue Price: 100%
(as a percent of principal amount)
Floating Rate Notes
- -----------------------
Interest Rate Per Annum.......Float%
SETTLEMENT DATE: 12/09/97
INITIAL PAYMENT DATE: 01/09/98
MATURITY DATE: 12/09/98
DAYCOUNT: ACTUAL/360
INDEX: 1 Month LIBOR + 0.24%
SOURCE: TELERATE PAGE 3750
RESET FREQUENCY: Monthly
PAYMENT FREQUENCY: Monthly
PAYMENT: Monthly, Pays the 9TH or next Good
Business
Day of each Month. Commencing
01/09/98
INTEREST DETERMINATION: Monthly Reset, Paid
Monthly - Source: Telerate p. 3750.
2 London
Business Days Prior to Each Reset
Date.
REDEMPTION: Non-Call Life
AMOUNT OF SALE: $10,000,000.00
CUSIP NUMBER: 00206HG32
Date of Sale: December 5, 1997
