Pricing Supplement No. 2 Dated 7/23/98 Rule 424(b)(3)
(To Prospectus dated April 20, 1995 and File No. 33-58667
Prospectus Supplement dated May 24, 1996) CUSIP No. 78355H GX1
$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: $25,000,000
Issue Price: 100
Issue Date: 7/28/98
Maturity Date: 7/29/02
Interest Rate: 6.27%
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. $67,500
JP Morgan $45,000
Additional Terms:
