<PAGE> Filed Under Rule 424 (b)(3)
Registration Statement No. 333-18367
SUPPLEMENT NO. 37 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
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Interest Rate Per Annum.......Float%
SETTLEMENT DATE: 01/14/98
INITIAL PAYMENT DATE: 02/14/98
MATURITY DATE: 01/14/99
DAYCOUNT: ACTUAL/360
INDEX: 1 Month LIBOR + 0.30%
SOURCE: TELERATE PAGE 3750
RESET FREQUENCY: Monthly
PAYMENT FREQUENCY: Monthly
PAYMENT: Monthly, Pays the 14TH or next Good
Business
Day of each Month. Commencing
02/14/98
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: 00206HG57
Date of Sale: January 9, 1998