Pricing Supplement No. 36 Dated June 29, 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 6.54% per annum and maturing
on July 5, 2000, are being sold by the Company to
Morgan Stanley & Co. Incorporated
at a price of 99.941% of their principal amount.
Such Notes may be offered to the public at varying prices
depending upon market conditions at the time of resale,
as determined by Morgan Stanley & Co. Incorporated.
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 July 5,, 1995.
Prior to this Pricing Supplement, $334,875,000 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
three months ended March 31, 1995 (in millions):
<TABLE>
<CAPTION>
Year Ended or Three Months Ended
at December 31 or at March 31
1994 1993 1994
(Unaudited)
<S> <C> <C> <C>
Revenue $ 4,387.9 $ 1,014.5 $ 1,263.2
Earnings Before Provision for
Income Taxes $ 972.6 $ 224.7 $ 259.6
Net Earnings $ 603.5 $ 140.9 $ 166.0
Finance Receivables (net of
unearned finance income and
allowance for losses) $30,043.3 $26,167.9 $31,271.6
Stockholders' Equity $ 3,786.1 $ 3,407.6 $ 3,961.0
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