-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: keymaster@town.hall.org
Originator-Key-Asymmetric:
 MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq
 pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ==
MIC-Info: RSA-MD5,RSA,
 BOLvPMzNOJ8kFc5rrpVXMmz4t9tG6lGYjyXe5P8PZd02taqXR+lWFwAjicrnLtQx
 kCtP84hG5QahKvKSOxVJug==

<IMS-DOCUMENT>0000950157-94-000094.txt : 19940729
<IMS-HEADER>0000950157-94-000094.hdr.sgml : 19940729
ACCESSION NUMBER:		0000950157-94-000094
CONFORMED SUBMISSION TYPE:	424B3
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		19940728

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			RYDER SYSTEM INC
		CENTRAL INDEX KEY:			0000085961
		STANDARD INDUSTRIAL CLASSIFICATION:	7510
		IRS NUMBER:				590739250
		STATE OF INCORPORATION:			FL
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		424B3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	033-50232
		FILM NUMBER:		94540574

	BUSINESS ADDRESS:	
		STREET 1:		3600 NW 82ND AVE
		CITY:			MIAMI
		STATE:			FL
		ZIP:			33166
		BUSINESS PHONE:		3055933726

	MAIL ADDRESS:	
		STREET 1:		3600 NW 82 AVENUE
		CITY:			MIAMI
		STATE:			FL
		ZIP:			33166
</IMS-HEADER>
<DOCUMENT>
<TYPE>424B3
<SEQUENCE>1
<DESCRIPTION>PRICING SUPPLEMENT NO. 15
<TEXT>








     Pricing Supplement No. 15 Dated July 22, 1994           Rule 424(b)(3)
     (To Prospectus dated August 6, 1992 and              File No. 33-50232
     Prospectus Supplement dated March 31, 1994)        CUSIP No. 78355HCW7

     $200,000,000

     RYDER SYSTEM, INC.

     Medium-Term Notes, Series 9
     (Registered Notes--Fixed Rate)
     Due Nine Months or More from Date of Issue

     Principal Amount:   $8,000,000

     Issue Price:        100%

     Issue Date:         7/29/94

     Maturity Date:      7/29/99

     Interest Rate:      7.47%

     Form:    [X] Book Entry   [ ] Certificated


     Redemption:    [X]  The Notes cannot be redeemed prior to              
                         maturity.
                    [ ]  The Notes may be redeemed prior to maturity.

     Terms of Redemption:     N/A

     Repayment at option of holder: [X] The holder has no option to elect
                                        repayment of the Notes prior to
                                        maturity.
                                    [ ] The Notes are repayable prior to
                                        maturity at the option of holder.

     Terms of Repayment:      N/A

     Discount note:  [ ]  Yes   [X]  No

          Total Amount of OID:     N/A

          Yield to Maturity:       7.47%

          Initial Accrual Period OID:   N/A

     Name of Agent and Agent's Discount or Commission:

          J.P. Morgan   $40,000.00

     Additional Terms: 

</TEXT>
</DOCUMENT>
</IMS-DOCUMENT>
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