UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. _________)*
Salomon Incorporated Equity
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
79549B511
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(CUSIP Number)
Check the following line if a fee is being paid with this settlement _____.
(A fee is not required only if the filing person: (1) has a previous
statement on file reporting beneficial ownership of more than five percent
of the class of securities described in Item 1; and (2) has filed no
amendment subsequent thereto reporting beneficial ownership of five percent
or less of such class.) (See Rule 13d-7).
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section
of the Act but shall be subject to all other provisions of the Act
(however, see the Notes).
Page 1 of 5
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CUSIP No. 79549B511 13G Page 2 of 5
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Shawmut National Corporation (#06-1212629)
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2. CHECK THE APPROPRIATE LINE IF A MEMBER OF A GROUP*
(a) ______
(b) __X__
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
State of Connecticut/United States of America
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5. SOLE VOTING POWER
NUMBER OF 162,275 Shares
SHARES -------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 0 Shares
EACH -------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON 150,530 Shares
WITH -------------------------------------------------------
8. SHARED DISPOSITIVE POWER
11,745 Shares
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
162,275 Shares
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
No
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
10.14%
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12. TYPE OF REPORTING PERSON*
HC, BK
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* SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
Page 3 of 5
Item 1(a). Name of Issuer.
Salomon Incorporated Equity
Item 1(b). Address of Issuer's Principal Executive Offices.
7 World Trade Center
New York, NY 10048
Item 2(a). Name of Person Filing.
Shawmut National Corporation
Item 2(b). Address of Principal Business Office.
777 Main Street, Hartford, CT 06115
Item 2(c). Citizenship.
United States of America
Item 2(d). Title of Class of Securities.
Common Stock
Item 2(e). CUSIP Number.
79549B511
Item 3. Statements Filed Pursuant to Rule 13d-1(b) or 13d-2(b).
The person filing is a:
(b) X Bank has defined in Section 3(a)(b) of the Act
(g) X Parent Holding Company, in accordance with
s240.13d-1(b)(ii)(G)
Item 4. Ownership. (See Item 6)
(a) Amount beneficially owned (as of December 31, 1994:
162,275 shares.)
(b) Percent of class: 10.14%
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Page 4 of 5
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote
162,275 shares
(ii) Shared power to vote or to direct the vote
0 shares
(iii) Sole power to dispose or to direct the
disposition of 150,530 shares
(iv) Shared power to dispose on to direct the
disposition of 11,745 shares
Item 5. Ownership of Five Percent of Less of a Class.
Not applicable
Item 6. Ownership of More Than Five Percent on Behalf of Another
Person.
All of the shares reported as beneficially owned under Item
4(a), above, are held by the Bank in a fiduciary capacity.
Shares are held by the Bank as trustee, and/or Co-Trustee, for
the benefit of other persons who have the right to receive
dividends and the proceeds from the sale of such shares.
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on by the Parent Holding
Company.
Shawmut Bank Connecticut, N.A. (BK)
Shawmut Bank, N.A. (BK)
Item 8. Identification and Classification of Members of the Group.
Not applicable.
<PAGE>
Page 5 of 5
Item 10. Certification.
By signing below we certify that, to the best of our knowledge
and belief, the securities referred to above were acquired in
the ordinary course of business and were not acquired for the
purpose of and do not have the affect of changing or
influencing the control of the issuer of such securities were
not acquired in connection with or as a participant in any
transaction having such purposes or effect.
SIGNATURE
After reasonable inquiry and to the best of our knowledge and
belief, we certify that the information set forth in this statement
is true, complete and correct.
SHAWMUT NATIONAL CORPORATION
Date: January 20, 1995 By (Gunnar S. Overstrom) President/COO
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Gunnar S. Overstrom President/COO
(Name) (Title)
