ASSOCIATES CORPORATION OF NORTH AMERICA
424B3, 1995-04-05
PERSONAL CREDIT INSTITUTIONS
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Pricing Supplement No. 1 Dated April 3, 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
                                     
$850,000 principal amount of the Series H Notes, bearing interest at 7.70% per
annum and maturing on April 11, 2005, are offered by the Company through
Merrill Lynch & Co., 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 April 10,
1995.

                                     


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