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