Pricing Supplement No. 17  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. 78355HCY3

$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: $12,000,000

Issue Price:        100%

Issue Date:         7/29/94

Maturity Date:      7/29/99

Interest Rate:      7.49%

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:       7.49%	

Initial Accrual Period OID: N/A
Name of Agent and Agent's Discount or Commission:
Merrill Lynch $60,000
Additional Terms: