RYDER SYSTEM INC
424B3, 1995-05-09
AUTO RENTAL & LEASING (NO DRIVERS)
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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:



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