SALOMON INC
424B3, 1994-02-24
SECURITY & COMMODITY BROKERS, DEALERS, EXCHANGES & SERVICES
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Pricing Supplement No.  40      Dated  2/17/94                 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:     $1,672,000.00

Issue Price:     100.0000000000%

Original Issue Date:     2/25/94

Stated Maturity:     2/15/99

Interest Rate:     5.7500000%

Interest Payment Dates:

   | |  Monthly
   | |  Quarterly
   |X|  Semi-annually, on 15th day of February & August. 1st cpn 8/15/94.

Amortizing Note:         | |  Yes       |X|  No 

     Amortization Schedule:
                
                
                
Survivor's Option:        |X|  Yes       | |  No 


                                                Per Note           Total
                                                --------           -----
Price to Public:                          100.0000000000%      $1,672,000.00

Total Underwriter's Discount or Commission:     1.3000000%     $21,736.00

Proceeds to Salomon Inc:                       98.7000000%     $1,650,264.00

Dealer's Discount or Selling Concession (maximum):      1.0500000%

CUSIP: 79549GQK5




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