Pricing Supplement No. 4 Dated 10/16/98 Rule 424(b)(3)
(To Prospectus dated April 20, 1995 and File No. 33-58667
Prospectus Supplement dated May 24, 1996) CUSIP No. 78355H GZ6
$100,000,000
RYDER SYSTEM, INC.
Medium-Term Notes, Series 14
(Registered Notes--Fixed Rate)
Due Nine Months or More from Date of Issue
Principal Amount: $5,000,000
Issue Price: 100
Issue Date: 10/21/98
Maturity Date: 10/22/01
Interest Rate: 5.65%
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:
Morgan Stanley & Co. $17,500
Additional Terms:
