Pricing Supplement No. 119 Dated 7/22/94 Rule 424(b)(3)
(To Prospectus dated December 14, 1993) File No. 33-51269,
33-57922 and 33-49136
SALOMON INC
Notes, Series G
Due More Than Nine Months from Date of Issue
Fixed Rate
Principal Amount: $12,000,000.00
Issue Price: 100.0000000000%
Original Issue Date: 7/26/94
Stated Maturity: 8/25/95
Interest Rate: 5.9900000%
Interest Payment Dates:
| | Monthly
| | Quarterly
|X| Semi-annually, on 15th day of Feb. & Aug. 1st coupon date 2/15/95.
Amortizing Note: | | Yes |X| No
Amortization Schedule:
Survivor's Option: | | Yes |X| No
Per Note Total
-------- -----
Price to Public: 100.0000000000% $12,000,000.00
Total Underwriter's Discount or Commission: .1500000% $18,000.00
Proceeds to Salomon Inc: 99.8500000% $11,982,000.00
Dealer's Discount or Selling Concession (maximum): .0750000%
CUSIP: 79549GTS5