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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,
 GyBMm6bXfLS1/hKshLtEl565MegXixHy3f4CeDba9IC2Zo1all5wvnbrJz2sE+yO
 xQ1MDHYZFB6qTS1B0U9TEA==

<IMS-DOCUMENT>0000950157-95-000025.txt : 19950509
<IMS-HEADER>0000950157-95-000025.hdr.sgml : 19950508
ACCESSION NUMBER:		0000950157-95-000025
CONFORMED SUBMISSION TYPE:	424B3
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		19950120
SROS:			MSE
SROS:			NYSE
SROS:			PSE

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			RYDER SYSTEM INC
		CENTRAL INDEX KEY:			0000085961
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-AUTO RENTAL & LEASING (NO DRIVERS) [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:		95502038

	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. 21
<TEXT>







     Pricing Supplement No. 21 Dated 1/18/95             Rule 424(b)(3)
     (To Prospectus dated August 6, 1992 and          File No. 33-50232
     Prospectus Supplement dated November 4, 1994) CUSIP No. 78355H EB1

     $400,000,000

     RYDER SYSTEM, INC.

     Medium-Term Notes, Series 10
     (Registered Notes--Fixed Rate)
     Due Nine Months or More from Date of Issue

     Principal Amount:   $5,000,000

     Issue Price:        100%

     Issue Date:         1/25/95

     Maturity Date:      1/25/2000

     Interest Rate:      8.305%

     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:      --

     Discount note:  [ ]  Yes   [X]  No

          Total Amount of OID:          --

          Yield to Maturity:            --

          Initial Accrual Period OID:   --

     Name of Agent and Agent's Discount or Commission:

               Merrill Lynch  $25,000

     Additional Terms:










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