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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,
 OYdiiAOuFQHJQmHvveRkPw31OKK0hLlBpHoY/CuhHNrE7hRWyASfL+P0Ym5SNCzq
 i9SB8/IoJw8w/3Hqd5LHIQ==

<IMS-DOCUMENT>0000950157-95-000149.txt : 19950511
<IMS-HEADER>0000950157-95-000149.hdr.sgml : 19950511
ACCESSION NUMBER:		0000950157-95-000149
CONFORMED SUBMISSION TYPE:	424B3
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		19950509
SROS:			NYSE

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:	033-58667
		FILM NUMBER:		95535861

	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 5/5/95        Rule 424(b)(3)
(To Prospectus dated April 20, 1995 and            File No. 33-58667
Prospectus Supplement dated April 20, 1995)     CUSIP No. 78355H GK9

$400,000,000

RYDER SYSTEM, INC.

Medium-Term Notes, Series 12
(Registered Notes--Fixed Rate)
Due Nine Months or More from Date of Issue

Principal Amount:         $20,000,000

Issue Price:              100

Issue Date:               5/12/95

Maturity Date:            3/1/01

Interest Rate:            7.08%

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:   --

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:

         Morgan Stanley            $75,000
         Salomon Brothers          $25,000

Additional Terms:

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