UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                     FORM 15

CERTIFICATION  AND  NOTICE OF TERMINATION OF REGISTRATION UNDER SECTION 12(G) OF
                                                                        -----
THE  SECURITIES EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO FILE REPORTS UNDER
SECTIONS  13  AND  15(D)  OF  THE  SECURITIES  EXCHANGE  ACT  OF  1934.
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                                     Commission File Number 2-64413
                                                            -------

                RMI Covered Hopper Railcar Management Program 79-1
             (Exact name of registrant as specified in its charter)

450  Carillon  Parkway,  Suite  200  St.  Petersburg,  FL  33716  (727) 803-1800
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    (Address, including zip code, and telephone number, including area code, of
                    registrant's principal executive offices)

            289 Units Representing Limited Partnership Interest
            ---------------------------------------------------------
            (Title of each class of securities covered by this Form)

                                      NONE
                                      ----
    (Titles of all other classes of securities for which a duty to file reports
                      under section 13(a) or 15(d) remains)
                                    -----    -----

Please  place an X in the box(es) to designate the appropriate rule provision(s)
relied  upon  to  terminate  or  suspend  the  duty  to  file  reports:
X Rule  12g-4(a)(1)(i)           Rule  12h-3(b)(1)(i)
  Rule  12g-4(a)(1)(ii)          Rule  12h-3(b)(1)(ii)
  Rule  12g-4(a)(2)(i)           Rule  12h-3(b)(2)(i)
  Rule  12g-4(a)(2)(ii)          Rule  12h-3(b)(2)(ii)
                                 Rule  15d-6

Approximate  number of holders of record as of the certification or notice date:
289

Pursuant  to the requirements of the Securities Exchange Act of 1934 RMI Covered
Hopper  Railcar  Management Program 79-1 has caused this certification/notice to
be  signed  on  its  behalf  by  the  undersigned  duly  authorized  person.


Date:  November 8,  2002
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By:/s/  James A. Coyne
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