Pricing Supplement No. 121 Dated 7/28/94 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: $1,240,000.00
Issue Price: 100.0000000000%
Original Issue Date: 8/04/94
Stated Maturity: 7/15/96
Interest Rate: 6.5000000%
Interest Payment Dates:
| | Monthly
| | Quarterly
|X| Semi-annually, on 15th day of Jan. & July. 1st coupon 1/15/95.
Amortizing Note: | | Yes |X| No
Amortization Schedule:
Survivor's Option: |X| Yes | | No
Per Note Total
-------- -----
Price to Public: 100.0000000000% $1,240,000.00
Total Underwriter's Discount or Commission: .5750000% $7,130.00
Proceeds to Salomon Inc: 99.4250000% $1,232,870.00
Dealer's Discount or Selling Concession (maximum): .5000000%
CUSIP: 79549GTU0