-----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,
 t0pKn8Ltia5UeT6R++O68GHPbUFnZgbRGJDTKafnfs6dTYNgnKwyN1ZOVcdKJcqv
 czxXqBuYmVSb+ul4pAMkTg==

<IMS-DOCUMENT>0000950157-94-000032.txt : 19940414
<IMS-HEADER>0000950157-94-000032.hdr.sgml : 19940414
ACCESSION NUMBER:		0000950157-94-000032
CONFORMED SUBMISSION TYPE:	424B3
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		19940413

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:		94522459

	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. 3
<TEXT>


          Pricing Supplement No. 3 Dated April 12, 1994      Rule 424(b)(3)
          (To Prospectus dated August 6, 1992 and         File No. 33-50232
          Prospectus Supplement dated March 31, 1994)   CUSIP No. 78355HCH0

          $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:   $5,000,000 (Five Million)

          Issue Price:        100%

          Issue Date:         April 19, 1994

          Maturity Date:      April 20, 1998

          Interest Rate:      6.75%
                    __                __
          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:            6.75%

               Initial Accrual Period OID:   N/A

          Name of Agent and Agent's Discount or Commission:

               J. P. Morgan   $22,500

          Additional Terms: 


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