Pricing Supplement No. 17 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 GF0
$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:         $10,000,000

Issue Price:              100

Issue Date:               5/12/95

Maturity Date:            3/1/01

Interest Rate:            7.09%	

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:
Merrill Lynch $50,000
Additional Terms: