Filed pursuant to Rule 424(b)(3)
                                      Registration No. 333-59355
 
Prospectus Supplement No. 15
(To Prospectus Dated August 10, 1998)
 
                                $1,012,198,000
                              XEROX CORPORATION
                 CONVERTIBLE SUBORDINATED DEBENTURES DUE 2018

The information contained under the heading "Selling Security Holders" 
in the Prospectus dated August 10, 1998 ("Prospectus") relating to 
$1,012,198,000 aggregate principal amount at maturity of Convertible 
Subordinated Debentures due 2018 ("Debentures") of Xerox Corporation 
(the "Company"), and such indeterminate number of shares of Common Stock, 
par value $1.00 per share, of the Company as may be issuable upon the 
conversion of the Debentures, that may be offered and sold from time to 
time by the several holders thereof is hereby supplemented as follows:

                             PRINCIPAL AMOUNT AT        PRINCIPAL AMOUNT AT
                            MATURITY OF DEBENTURES    MATURITY OF DEBENTURES
                            BENEFICIALLY OWNED AND    PREVIOUSLY SPECIFIED IN
SELLING HOLDER            THAT MAY BE OFFERED HEREBY      THE PROSPECTUS 
- --------------            --------------------------  -----------------------
                                            (In U.S. Dollars)

Bear Stearns & Co. Inc. . . .      500,000                         None

Credit Suisse First
 Boston Corporation   . . . .      100,000                         None

Goldman, Sachs & Co.  . . . .    9,100,000                    1,100,000

Schroders & Co. . . . . . . .      400,000                         None

Warburg Dillon Read LLC . . .   54,750,000                   44,450,000

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The date of this Prospectus Supplement is May 7, 1999.