Pricing Supplement No. 24 Dated April 11, 1994 Rule 424(b)(3)
(To Prospectus dated March 11, 1988 and File No. 33-20359
Prospectus Supplement dated May 21, 1992) CUSIP No. 78355HCE7
$200,000,000
RYDER SYSTEM, INC.
Medium-Term Notes, Series 8
(Registered Notes--Fixed Rate)
Due from Nine Months to Thirty Years from Date of Issue
Principal Amount: $3,000,000 (Three Million)
Issue Price: 100%
Issue Date: April 18, 1994
Maturity Date: April 19, 1999
Interest Rate: 7.05%
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Form /x/ Book Entry /_/ Certificated
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Redemption: /x/ The Notes cannot be redeemed prior to maturity.
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/_/ The Notes may be redeemed prior to maturity.
Terms of Redemption: N/A
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Repayment at option of holder: /x/ The holder has no option
to elect repayment of the
Notes prior to maturity.
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/_/ The Notes are repayable
prior to maturity at the
option of holder.
Terms of Repayment: N/A
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Discount note: /_/ Yes /x/ No
Total Amount of OID: N/A
Yield to Maturity: 7.05%
Initial Accrual Period OID: N/A
Name of Agent and Agent's Discount or Commission:
Merrill Lynch $15,000
Additional Terms: