Pricing Supplement No. 55 Dated January 23, 1995, to
Prospectus Dated August 25, 1993 as Supplemented by Prospectus
Supplement Dated August 26, 1994
ASSOCIATES CORPORATION OF NORTH AMERICA MEDIUM TERM SENIOR NOTES,
SERIES G
$500,000 principal amount of the Series G Notes,
bearing interest at 8.49% per annum and maturing
on January 31, 2005, are being sold by the Company to
CS First Boston Corporation
at a price of 99.845% 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 CS First Boston Corporation.
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 January 30, 1995.
Prior to this Pricing Supplement, $567,300,000 aggregate principal
amount of the Series G Notes offered pursuant to the Prospectus
Supplement dated August 26, 1994 to the Prospectus dated
August 25, 1993 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, 1993 and its Quarterly Report on Form 10-Q for the
Nine months ended September 30, 1994 (in millions):
<TABLE>
<CAPTION>
Year Ended or Nine Months Ended
at December 31 or at September 30
1993 1993 1994
(Unaudited)
<S> <C> <C> <C>
Revenue $ 3,689.6 $ 2,722.8 $ 3,176.6
Earnings Before Provision for
Income Taxes $ 834.4 $ 608.6 $ 712.7
Net Earnings $ 523.7 $ 381.3 $ 444.3
Finance Receivables (net of
unearned finance income and
allowance for losses) $25,401.1 $24,669.3 $28,743.9
Stockholders' Equity $ 3,274.2 $ 3,172.2 $ 3,703.0
</TABLE>
