Pricing Supplement No. 59 Dated August 1, 1995,
to Prospectus Dated November 9, 1994
as Supplemented by Prospectus Supplement Dated
March 22, 1995
ASSOCIATES CORPORATION OF NORTH AMERICA
MEDIUM TERM SENIOR NOTES, SERIES H
$10,000,000 principal amount of the Series H Notes, bearing interest at 6.67%
per annum and maturing on August 4, 2000, are offered by the Company through
Lehman Brothers, which, as agent for the Company, has agreed to use its best
efforts to solicit purchasers of the Notes.
The Notes to which this Pricing Supplement relates will be Fixed Rate Notes
and will be initially issued as Book Entry Notes for settlement on August 4,
1995.
Prior to this Pricing Supplement, $517,725,000 aggregate principal amount of
the Series H Notes offered pursuant to the Prospectus Supplement dated March
22, 1995 to the Prospectus dated November 9, 1994 has been sold at the
interest rates then in effect.
Recent Financial Information
The following summary of certain consolidated financial information of the
Company has been derived principally from information and financial statements
contained in the Company's Annual Report on Form 10-K for the year ended
December 31, 1994 and its Quarterly Report on Form 10-Q for the
six months ended June 30, 1995 (in millions):
<TABLE>
<CAPTION>
Year Ended or Six Months Ended
at December 31 or at June 30
1994 1994 1995
(Unaudited)
<S> <C> <C> <C>
Revenue $ 4,387.9 $ 2,054.9 $ 2,591.8
Earnings Before Provision for
Income Taxes $ 972.6 $ 454.9 $ 534.5
Net Earnings $ 603.5 $ 282.5 $ 338.7
Finance Receivables (net of
unearned finance income and
allowance for losses) $30,043.3 $27,381.0 $32,733.1
Stockholders' Equity $ 3,786.1 $ 3,543.2 $ 4,146.4
</TABLE>
