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FORM 3
OMB APPROVAL
OMB NUMBER 3235-0104
EXPIRES: SEPTEMBER 30, 1998
ESTIMATED AVERAGE BURDEN
HOURS PER RESPONSE........................0.5
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
FILED PURSUANT TO SECTION 16(A) OF THE SECURITIES EXCHANGE ACT OF 1934, SECTION
17(A) OF THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935 OR SECTION 30(F) OF THE
INVESTMENT COMPANY ACT OF 1940
(PRINT OR TYPE RESPONSES)
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<S> <C>
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1. Name and Address of Reporting Person* 2. Date of Event Re-
quiring Statement
TRAVELERS GROUP INC. (Month/Day/Year)
OCTOBER 27, 1997
(Last) (First) (Middle)
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3. IRS or Social Se-
388 GREENWICH STREET curity Number of
Reporting Person
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(Street) (Voluntary)
NEW YORK NEW YORK 10013
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(City) (State) (Zip)
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4. Issuer Name AND Ticker or Trading Symbol
SALOMON INC (SMB)
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5. Relationship of Reporting Person to Issuer 6. If Amendment, Date of Original
(Check all applicable) (Month/Day/Year)
_____ Director X 10% Owner
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_____ Officer (give title _____ Other (specify
below) below)
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7. Individual or Joint/Group Filing
(Check Applicable Line)
X Form filed by One Reporting Person
_____Form filed by More than One Reporting Person
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TABLE I -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
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1. Title of Security 2. Amount of Securities
(Instr. 4) Beneficially Owned
(Instr. 4)
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COMMON STOCK NONE FN (1)
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3. Ownership 4. Nature of Indirect Beneficial
Form: Direct Ownership
(D) or Indirect
(I) (Instr. 5) (Instr. 5)
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n/a
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
*If the form is filed by more than one reporting person, SEE instruction 5(b)(v). SEC 1473 (7-96)
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FORM 3 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
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1. Title of Derivative Security 2. Date Exer-
(Instr. 4) cisable and
Expiration
Date
(Month/Day/
Year)
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Date Expira-
Exer- tion
cisable Date
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<S> <C> <C> <C>
3. Title and Amount of Securities Underlying 4. Conver- 5. Owner- 6. Nature of Indirect
Derivative Security sion or ship Beneficial Ownership
(Instr. 4) Exercise Form of (Instr. 5)
Price of Deriv-
Deri- ative
vative Security:
Security Direct
(D) or
Indirect
(I)
(Instr. 5)
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Amount or
Title Number of
Shares
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Explanation of Responses:
FN (1) Travelers Group Inc. may be deemed to be the beneficial owner of
more than 10% of the Common Stock of Salomon Inc due to its power
to vote certain shares.
Travelers Group Inc. does not have a pecuniary interest in any of
such shares.
** Intentional misstatements or omissions of facts constitute Federal
Criminal Violations.
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<S> <C>
/s/ Irwin Ettinger 11/6/97
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** Signature of Reporting Person Date
SEE 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, SEE Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained in this form are not Page 2
required to respond unless the form displays a currently valid OMB Number. SEC 1473 (7-96)
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