ALCO CAPITAL RESOURCE INC
424B3, 1994-08-03
PAPER & PAPER PRODUCTS
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<PAGE>
 
 
Pricing Supplement No. 13                                     Filing Under
                      ---                                     Rule 424(b)(3)
(To Prospectus Supplement dated July 1, 1994
including the Prospectus dated June 29, 1994)

Trade Date:   7/26/94                                         Registration
           -------------------                                File No.
                                                              33-53779



                         Alco Capital Resource, Inc.
- --------------------------------------------------------------------------------

                              Medium Term Notes


CUSIP:  01374QAC2
      ---------------------------------
Principal Amount: $10,000,000            Floating Rate Notes: N/A       
                 ----------------------                      -------------------
Interest Rate (if fixed rate): 7.02%           Interest Rate Basis: N/A         
                              ---------                            -------------
Interest Payment Date(s): N/A              -Commercial Paper Rate:              
                         --------------                           ----------  
    (other than June 15 and December 15)   -Prime Rate:                       
Regular Record Date(s): N/A                            ---------------------  
                       ----------------    -LIBOR:                            
    (other than May 31 and November 30)           --------------------------  
Stated Maturity:  7/30/97                  -Treasury Rate:                    
                -----------------------                   ------------------  
Specified Currency: US DOLLARS             -CD Rate:                          
                   --------------------             ------------------------  
Applicable Exchange Rate (if any): N/A     -Federal Funds Rate:               
                                  -----                        -------------  
   US Dollar $1.00 = N/A                   -Other:                            
                    -------------------           --------------------------  
Issue Price (as a percentage of                                                 
             principal amount): 100%     Index Maturity: N/A                    
                               --------                 ------------------------
Selling Agent:                           Spread: N/A                            
  -Lehman Brothers:                             --------------------------------
                   ----------------      Spread Multiplier: N/A                 
  -Chase Securities, Inc.:                                 ---------------------
                          ---------      Maximum Interest Rate: N/A             
  -Goldman, Sachs & Co:                                        -----------------
                       ------------      Minimum Interest Rate: N/A             
  -Merrill Lynch & Co: X                                       -----------------
                      -------------      Initial Interest Rate: N/A             
  -Other:                                                      -----------------
         --------------------------        Interest Reset Date(s)               
                                           (if semi-annually or annually):      
Selling Agent's Commission (%): .35%                                            
                               --------    -------------------------------------
Purchasing Agent: N/A                        Third Wednesday of: N/A            
                 ----------------------                         ----------------
Purchasing Agent's Discount or                 Interest Reset Date (if weekly,  
   Commission (%): N/A                         monthly, or quarterly):          
                  ---------------------                               ----------
Type of Sale:                            Interest Determination Date(s): N/A    
        As Agent: X   As Principal:                                     --------
                 ----              ----  Calculation Date(s): N/A               
Net proceeds to the Company: $9,965,000                      -------------------
                            -----------  Calculation Agent: N/A               
Settlement date                                            ---------------------
  (original issue date): 8/2/94          Interest Payment Date(s): N/A          
                        ---------------                           --------------
Redemption Commencement                     (other than June 15 and December 15)
  Date (if any): N/A                     Regular Record Date(s): N/A            
                -----------------------                         ----------------
Redemption Period: N/A                      (other than May 31 and November 30) 
                  ---------------------  Interest Reset Period: N/A             
Exchange Rate Agent: N/A                                       -----------------
                    -------------------          
Original Issue Discount Security:       
        Yes:    No: X                   
            ----   ----                 
                                        
Form:                                   
        Book Entry: X   Certificated    
                   ---              --- 
                                                 

Authorized by: /s/ Kathleen M. Burns
              ------------------------------------------------------
 



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