RYDER SYSTEM INC
424B3, 1994-07-28
AUTO RENTAL & LEASING (NO DRIVERS)
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     Pricing Supplement No. 14 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. 78355HCV9

     $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:   $6,000,000

     Issue Price:        100%

     Issue Date:         7/29/94

     Maturity Date:      7/29/99

     Interest Rate:      7.52%

     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:       7.52%

          Initial Accrual Period OID:   N/A

     Name of Agent and Agent's Discount or Commission:

          Salomon Brothers   $30,000.00

     Additional Terms: 



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