<PAGE> PAGE 1
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000 F000000 Y
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008 C000001 801-32046
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010 A000001 INVESTORS BANK & TRUST COMPANY
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012 C020001 MA
012 C030001 02205
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013 B010001 NEW YORK
013 B020001 NY
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<PAGE> PAGE 2
014 A000001 SALOMON BROTHERS INC
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015 B000001 C
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015 E040002 X
015 A000003 CITIBANK
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015 C010003 NEW YORK
015 C020003 NY
015 C030003 10043
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<PAGE> PAGE 3
015 A000010 MEESPIERSON
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<PAGE> PAGE 4
020 B000008 13-3082694
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022 D000002 0
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022 C000007 3358
022 D000007 2678
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022 B000008 13-1912900
022 C000008 3129
022 D000008 2494
022 A000009 MONTGOMERY SECURITIES
022 B000009 94-1701676
022 C000009 3226
022 D000009 1388
022 A000010 PERSHING DIVISION OF DLJ
022 B000010 13-5315200
022 C000010 2865
022 D000010 1397
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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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SIGNATURE ALAN MANDEL
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information
extracted from The Salomon Brothers Capital Fund Inc
form N-SAR for the period ended December 31, 1996
and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 01
<NAME> Salomon Brothers Capital Fund Inc Class A
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-END> DEC-31-1996
<INVESTMENTS-AT-COST> 115,019,396
<INVESTMENTS-AT-VALUE> 136,761,625
<RECEIVABLES> 1,490,704
<ASSETS-OTHER> 969
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 138,253,298
<PAYABLE-FOR-SECURITIES> 1,382,706
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 235,222
<TOTAL-LIABILITIES> 1,617,928
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 112,317,524
<SHARES-COMMON-STOCK> 17,288
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> (333)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2,575,978
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 21,742,201
<NET-ASSETS> 343,683
<DIVIDEND-INCOME> 292
<INTEREST-INCOME> 79
<OTHER-INCOME> 0
<EXPENSES-NET> 338
<NET-INVESTMENT-INCOME> 33
<REALIZED-GAINS-CURRENT> 3,871
<APPREC-INCREASE-CURRENT> 3,809
<NET-CHANGE-FROM-OPS> 7,713
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (233)
<DISTRIBUTIONS-OF-GAINS> (6,217)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 17,551
<NUMBER-OF-SHARES-REDEEMED> 384
<SHARES-REINVESTED> 121
<NET-CHANGE-IN-ASSETS> 343,683
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,143,084
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,634,833
<AVERAGE-NET-ASSETS> 107,939
<PER-SHARE-NAV-BEGIN> 21.98
<PER-SHARE-NII> 0.01
<PER-SHARE-GAIN-APPREC> 1.54
<PER-SHARE-DIVIDEND> (0.15)
<PER-SHARE-DISTRIBUTIONS> (3.50)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 19.88
<EXPENSE-RATIO> 1.88
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information
extracted from The Salomon Brothers Capital Fund Inc
form N-SAR for the period ended December 31, 1996
and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 02
<NAME> Salomon Brothers Capital Fund Inc Class B
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-END> DEC-31-1996
<INVESTMENTS-AT-COST> 115,019,396
<INVESTMENTS-AT-VALUE> 136,761,625
<RECEIVABLES> 1,490,704
<ASSETS-OTHER> 969
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 138,253,298
<PAYABLE-FOR-SECURITIES> 1,382,706
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 235,222
<TOTAL-LIABILITIES> 1,617,928
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 112,317,524
<SHARES-COMMON-STOCK> 11,001
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> (333)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2,575,978
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 21,742,201
<NET-ASSETS> 218,901
<DIVIDEND-INCOME> 171
<INTEREST-INCOME> 46
<OTHER-INCOME> 0
<EXPENSES-NET> 286
<NET-INVESTMENT-INCOME> (69)
<REALIZED-GAINS-CURRENT> 1,976
<APPREC-INCREASE-CURRENT> 1,977
<NET-CHANGE-FROM-OPS> 3,884
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (120)
<DISTRIBUTIONS-OF-GAINS> (3,992)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 11,001
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 218,901
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,143,084
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,634,833
<AVERAGE-NET-ASSETS> 63,038
<PER-SHARE-NAV-BEGIN> 21.98
<PER-SHARE-NII> (0.02)
<PER-SHARE-GAIN-APPREC> 1.56
<PER-SHARE-DIVIDEND> (0.12)
<PER-SHARE-DISTRIBUTIONS> (3.50)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 19.90
<EXPENSE-RATIO> 2.73
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information
extracted from The Salomon Brothers Capital Fund Inc
form N-SAR for the period ended December 31, 1996
and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 03
<NAME> Salomon Brothers Capital Fund Inc Class C
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-END> DEC-31-1996
<INVESTMENTS-AT-COST> 115,019,396
<INVESTMENTS-AT-VALUE> 136,761,625
<RECEIVABLES> 1,490,704
<ASSETS-OTHER> 969
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 138,253,298
<PAYABLE-FOR-SECURITIES> 1,382,706
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 235,222
<TOTAL-LIABILITIES> 1,617,928
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 112,317,524
<SHARES-COMMON-STOCK> 6,531
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> (333)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2,575,978
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 21,742,201
<NET-ASSETS> 130,007
<DIVIDEND-INCOME> 165
<INTEREST-INCOME> 44
<OTHER-INCOME> 0
<EXPENSES-NET> 264
<NET-INVESTMENT-INCOME> (55)
<REALIZED-GAINS-CURRENT> 1,898
<APPREC-INCREASE-CURRENT> 1,898
<NET-CHANGE-FROM-OPS> 3,741
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (120)
<DISTRIBUTIONS-OF-GAINS> (3,992)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 6,531
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 130,007
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,143,084
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,634,833
<AVERAGE-NET-ASSETS> 64,631
<PER-SHARE-NAV-BEGIN> 21.98
<PER-SHARE-NII> (0.02)
<PER-SHARE-GAIN-APPREC> 1.57
<PER-SHARE-DIVIDEND> (0.12)
<PER-SHARE-DISTRIBUTIONS> (3.50)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 19.91
<EXPENSE-RATIO> 2.45
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information
extracted from The Salomon Brothers Capital Fund Inc
form N-SAR for the period ended December 31, 1996
and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 04
<NAME> Salomon Brothers Capital Fund Inc Class O
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-END> DEC-31-1996
<INVESTMENTS-AT-COST> 115,019,396
<INVESTMENTS-AT-VALUE> 136,761,625
<RECEIVABLES> 1,490,704
<ASSETS-OTHER> 969
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 138,253,298
<PAYABLE-FOR-SECURITIES> 1,382,706
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 235,222
<TOTAL-LIABILITIES> 1,617,928
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 112,317,524
<SHARES-COMMON-STOCK> 6,839,481
<SHARES-COMMON-PRIOR> 5,484,823
<ACCUMULATED-NII-CURRENT> (333)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2,575,978
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 21,742,201
<NET-ASSETS> 135,942,779
<DIVIDEND-INCOME> 1,913,271
<INTEREST-INCOME> 513,858
<OTHER-INCOME> 0
<EXPENSES-NET> 1,634,134
<NET-INVESTMENT-INCOME> 792,995
<REALIZED-GAINS-CURRENT> 22,855,007
<APPREC-INCREASE-CURRENT> 10,593,926
<NET-CHANGE-FROM-OPS> 34,241,928
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (797,069)
<DISTRIBUTIONS-OF-GAINS> (25,587,085)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,669,366
<NUMBER-OF-SHARES-REDEEMED> 1,619,111
<SHARES-REINVESTED> 1,304,403
<NET-CHANGE-IN-ASSETS> 33,514,152
<ACCUMULATED-NII-PRIOR> 4,470
<ACCUMULATED-GAINS-PRIOR> 5,314,347
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,143,084
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,634,833
<AVERAGE-NET-ASSETS> 118,634,511
<PER-SHARE-NAV-BEGIN> 18.67
<PER-SHARE-NII> 0.13
<PER-SHARE-GAIN-APPREC> 5.70
<PER-SHARE-DIVIDEND> (0.16)
<PER-SHARE-DISTRIBUTIONS> (4.46)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 19.88
<EXPENSE-RATIO> 1.38
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
February 18, 1997
To the Board of Directors of
Salomon Brothers Capital Fund Inc
In planning and performing our audit of the financial statements of Salomon
Brothers Capital Fund Inc (the "Fund") for the year ended December 31, 1996, we
considered its internal control structure, including procedures for safeguarding
securities, in order to determine our auditing procedures for the purposes of
expressing our opinion on the financial statements and to comply with the
requirements of Form N-SAR, and not to provide assurance on the internal control
structure.
The management of the Fund is responsible for establishing and maintaining an
internal control structure. In fulfilling this responsibility, estimates and
judgments by management are required to assess the expected benefits and related
costs of internal control structure policies and procedures. Two of the
objectives of an internal control structure are to provide management with
reasonable, but not absolute, assurance that assets are appropriately
safeguarded against loss from unauthorized use or disposition and that
transactions are executed in accordance with management's authorization and
recorded properly to permit preparation of financial statements in conformity
with generally accepted accounting principles.
Because of inherent limitations in any internal control structure, errors or
irregularities may occur and may not be detected. Also, projection of any
evaluation of the structure to future periods is subject to the risk that it may
become inadequate because of changes in conditions or that the effectiveness of
the design and operation may deteriorate.
Our consideration of the internal control structure would not necessarily
disclose all matters in the internal control structure that might be material
weaknesses under standards established by the American Institute of Certified
Public Accountants. A material weakness is a condition in which the design or
operation of the specific internal control structure elements does not reduce to
a relatively low level the risk that errors or irregularities in amounts that
would be material in relation to the financial statements being audited may
occur and not be detected within a timely period by employees in the normal
course of performing their assigned functions. However, we noted no matters
involving the internal control structure, including procedures for safeguarding
securities, that we consider to be material weaknesses as defined above as of
December 31, 1996.
This report is intended solely for the information and use of management and the
Securities and Exchange Commission.
/S/ PRICE WATERHOUSE LLP
SALOMON BROTHERS CAPITAL FUND
PURCHASE PURSUANT TO
RULE 10f-3 OF ICA
-----------------
NAME OF STOCK: Stage Stores, Inc.
DATE OF PURCHASE: October 24, 1996
NUMBER OF SHARES PURCHASED: 19,300
AGGREGATE PURCHASE PRICE: $318,450
PRICE PER SHARE: $16.50
UNDERWRITING SPREAD: $1.00
% GROSS UNDERWRITING SPREAD: 6.06%
SHARES OFFERED: 11,000,000
TOTAL OFFERING: $181,500,000
4% OF OFFERING: $7,260,000
3% OF TOTAL ASSETS: $3,837,136(3% of 127,904,539)
BROKER: CS First Boston
Note: A total of 98,200 shares was purchased by funds in the Salomon Brothers
complex for an aggregate purchase price of $1,620,300.
The above purchase was made in accordance with the procedures adopted by the
Board of Directors pursuant to Rule 10(f)3 of the Investment Company Act of
1940, as amended.
101
Underwriters
CS First Boston Corporation
Bear, Stearns & Co., Inc.
Donaldson, Lufkin & Jenrette Securities Corporation
PaineWebber Incorporated
The Buckingham Research Group, Limited
Dillon, Read & Co., Inc.
A.G. Edwards & Sons, Inc.
EVEREN Securities, Inc.
Goldman , Sachs & Co.
Legg Mason Wood Walker Incorporated
McDonald & Company Securities, Inc.
Merrill Lynch, Pierce, Fenner & Smith
Montgomery Securities
Morgan Keegan & Company, Inc.
Morgan Stanley & Co. Incorporated
Principal Financial Securities, Inc.
Robertson, Stephens & Company LLC
Salomon Brothers
Sanders Morris Mundy Inc.
Soutwest Securities Inc.
Invemend Associates, Inc
SALOMON BROTHERS CAPITAL FUND
PURCHASE PURSUANT TO
RULE 10f-3 OF ICA
-----------------
NAME OF STOCK: The Sabre Group Holdings, Inc.
DATE OF PURCHASE: October 10, 1996
NUMBER OF SHARES PURCHASED: 2,900
AGGREGATE PURCHASE PRICE: $78,300
PRICE PER SHARE: $27.00
UNDERWRITING SPREAD: $1.49
% GROSS UNDERWRITING SPREAD: 5.52%
SHARES OFFERED: 20,200,000
TOTAL OFFERING: $545,400,000
4% OF OFFERING: $21,816,000
3% OF TOTAL ASSETS: $3,776,687(3% of 125,889,577)
BROKER: Goldman, Sachs & Co.
Note: A total of 49,700 shares was purchased by funds in the Salomon Brothers
complex for an aggregate purchase price of $1,341,900.
The above purchase was made in accordance with the procedures adopted by the
Board of Directors pursuant to Rule 10(f)3 of the Investment Company Act of
1940, as amended.
101
Underwriters
Goldman , Sachs & Co.
Merrill Lynch, Pierce, Fenner & Smith
J.P. Morgan Securities Inc.
Salomon Brothers
Advest, Inc.
Robert W. Baird & Co. Incorporated
Alex. Brown & Sons Incorporated
CS First Boston Corporation
Chase Securities, Inc.
Citicorp Securities, Inc.
Dain Bosworth Incorporated
Dean Witter Reynolds Inc.
Deutsche Morgan Grenfell / C.J. Lawrence Inc.
Donaldson, Lufkin & Jenrette Securities Corporation
Hambrecht & Quist LLC
Edward D. Jones & Co., L.P.
Lehman Brothers Inc.
Morgan Stanley & Co. Incorporated
PaineWebber Incorporated
Principal Financial Securities, Inc.
Rauscher Pierce Refsnes, Inc.
Robertson, Stephens & Company LLC
Muriel Siebert & Co., Inc.
Smith Barney, Inc.
Wasserstein Perella Securities, Inc.
Value Investing Partners, Inc.
Southwest Securities
SALOMON BROTHERS CAPITAL FUND
PURCHASE PURSUANT TO
RULE 10f-3 OF ICA
-----------------
NAME OF STOCK: New Holland N.V.
DATE OF PURCHASE: November 1, 1996
NUMBER OF SHARES PURCHASED: 2,900
AGGREGATE PURCHASE PRICE: $62,350
PRICE PER SHARE: $21.50
UNDERWRITING SPREAD: $0.9675
% GROSS UNDERWRITING SPREAD: 4.50%
SHARES OFFERED: 46,500,000
TOTAL OFFERING: $749,812,500
4% OF OFFERING: $29,992,500
3% OF TOTAL ASSETS: $3,871,234(3% of 129,041,142)
BROKER: Goldman, Sachs & Co.
Note: A total of 49,700 shares was purchased by funds in the Salomon Brothers
complex for an aggregate purchase price of $1,068,550.
The above purchase was made in accordance with the procedures adopted by the
Board of Directors pursuant to Rule 10(f)3 of the Investment Company Act of
1940, as amended.
101
Underwriters
Goldman , Sachs & Co.
Morgan Stanley & Co. Incorporated
Merrill Lynch, Pierce, Fenner & Smith
Salomon Brothers
Advest, Inc.
Robert W. Baird & Co. Incorporated
Bear, Stearns & Co., Inc.
Sanford C. Bernstein & Co., inc.
CS First Boston Corporation
Dain Bosworth Incorporated
Dean Witter Reynolds Inc.
Deutsche Morgan Grenfell / C.J. Lawrence Inc.
Dillon, Read & Co., Inc.
Donaldson, Lufkin & Jenrette Securities Corporation
A.G. Edwards & Sons, Inc.
Fahnestock & Co. Inc.
Edward D. Jones & Co., L.P.
Lazard Freres & Co. LLC
Legg Mason Wood Walker Incorporated
Lehman Brothers Inc.
Oppenheimer & Co., Inc.
Principal Financial Securities, Inc.
Rauscher Pierce Refsnes, Inc.
Schroder Wertheim & Co. Incorporated
Scott & Stringfellow, Inc.
Smith Barney, Inc.
Stephens Inc.
Stifel, Nicolaus & Company, Incorporated
Sutro & Co., Incorporated
Wasserstein Perella Securities, Inc.
CIBC Wood Gundy Securitites Corp.
SALOMON BROTHERS CAPITAL FUND
PURCHASE PURSUANT TO
RULE 10f-3 OF ICA
-----------------
NAME OF STOCK: Metris Companies
DATE OF PURCHASE: October 24, 1996
NUMBER OF SHARES PURCHASED: 1,900
AGGREGATE PURCHASE PRICE: $30,400
PRICE PER SHARE: $16.00
UNDERWRITING SPREAD: $1.12
% GROSS UNDERWRITING SPREAD: 7.00%
SHARES OFFERED: 2,833,333
TOTAL OFFERING: $45,333,328
4% OF OFFERING: $1,813,333
3% OF TOTAL ASSETS: $3,837,136(3% of 127,904,536)
BROKER: Smith Barney Inc.
Note: A total of 9,800 shares was purchased by funds in the Salomon Brothers
complex for an aggregate purchase price of $156,800.
The above purchase was made in accordance with the procedures adopted by the
Board of Directors pursuant to Rule 10(f)3 of the Investment Company Act of
1940, as amended.
101
Underwriters
Smith Barney, Inc.
Bear, Stearns & Co., Inc.
William Blair & Company, L.L.C.
Sanford C. Bernstein & Co., inc.
Brean Murray, Foster Securities Inc.
The Chicago Corporation
Dain Bosworth Incorporated
First of Michigan Corporation
Furman Selz LLC
Jefferies & Company, Inc.
Legg Mason Wood Walker Incorporated
McDonald & Company Securities, Inc.
Merrill Lynch, Pierce, Fenner & Smith
PaineWebber Incorporated
Salomon Brothers
Sutro & Co., Incorporated
Wheat First Securities, Inc.
GS2 Securitites, Inc.
C.L. King & Associates, Inc.
SALOMON BROTHERS CAPITAL FUND
PURCHASE PURSUANT TO
RULE 10f-3 OF ICA
-----------------
NAME OF STOCK: Dominick's Supermarkets, Inc.
DATE OF PURCHASE: October 29, 1996
NUMBER OF SHARES PURCHASED: 4,800
AGGREGATE PURCHASE PRICE: $86,400
PRICE PER SHARE: $18.00
UNDERWRITING SPREAD: $1.17
% GROSS UNDERWRITING SPREAD: 6.50%
SHARES OFFERED: 8,000,000
TOTAL OFFERING: $144,000,000
4% OF OFFERING: $5,760,000
3% OF TOTAL ASSETS: $3,855,154(3% of 128,505,119)
BROKER: Donaldson, Lufkin & Jenrette
Note: A total of 24,500 shares was purchased by funds in the Salomon Brothers
complex for an aggregate purchase price of $441,000.
The above purchase was made in accordance with the procedures adopted by the
Board of Directors pursuant to Rule 10(f)3 of the Investment Company Act of
1940, as amended.
101
Underwriters
Donaldson, Lufkin & Jenrette Securities Corporation
Morgan Stanley & Co. Incorporated
BT Securities Corporation
Chase Securities, Inc.
Bear, Stearns & Co., Inc.
CS First Boston Corporation
Alex. Brown & Sons Incorporated
Deutsche Morgan Grenfell / C.J. Lawrence Inc.
A.G. Edwards & Sons, Inc.
Goldman , Sachs & Co.
Lehman Brothers Inc.
Merrill Lynch, Pierce, Fenner & Smith
Montgomery Securities
J.P. Morgan Securities Inc.
PaineWebber Incorporated
Prudential Securities Incorporated
Salomon Brothers
Smith Barney, Inc.
Arnhold & S. Bleichroeder, Inc.
Robert W. Baird & Co. Incorporated
William Blair & Company, L.L.C.
The Chicago Corporation
Cleary Gull Reiland & Mcdevitt Inc.
CS First Boston Corporation
EVEREN Securities, Inc.
First of Michigan Corporation
Interstate / Johnson Lane Corporation
Legg Mason Wood Walker Incorporated
McDonald & Company Securities, Inc.
The Ohio Company
Ormes Capital Markets, Inc.
Parker / Hunter Incorporated
Robert W. Baird & Co. Incorporated
Rodman & Renshaw, Inc.
Scott & Stringfellow, Inc.
Stephens Inc.
Sutro & Co., Incorporated
Tucker Anthony Incorporated
Vector Securities international, Inc.
Wheat First Butcher Singer
GS Securitites Inc.
Redwine & Company Inc.
Ryan, Beck & Co
Sands Brothers & Co., Ltd
Dain Bosworth Inc
Ragen MacKenzie Inc
Wedbush Morgan Securities
SALOMON BROTHERS CAPITAL FUND
PURCHASE PURSUANT TO
RULE 10f-3 OF ICA
-----------------
NAME OF STOCK: Crown Cork & Seal Company, Inc.
4.5% Convertible Preferred Stock
DATE OF PURCHASE: October 25, 1996
NUMBER OF SHARES PURCHASED: 55,000
AGGREGATE PURCHASE PRICE: $2,433,750
PRICE PER SHARE: $44.25
UNDERWRITING SPREAD: $1.217
% GROSS UNDERWRITING SPREAD: 2.75%
SHARES OFFERED: 3,000,000
TOTAL OFFERING: $132,750,000
4% OF OFFERING: $5,310,000
3% OF TOTAL ASSETS: $3,824,887(3% of $127,496,220)
BROKER: Lazard Freres & Co.
Note: A total of 59,000 shares was purchased by funds in the Salomon Brothers
complex for an aggregate purchase price of $2,610,750.
The above purchase was made in accordance with the procedures adopted by the
Board of Directors pursuant to Rule 10(f)3 of the Investment Company Act of
1940, as amended.
101
Underwriters
Lazard Freres & Co. LLC
CS First Boston Corporation
Salomon Brothers
Bear, Stearns & Co., Inc.
Alex. Brown & Sons Incorporated
Chase Securities, Inc.
Deutsche Morgan Grenfell / C.J. Lawrence Inc.
Dillon, Read & Co., Inc.
Donaldson, Lufkin & Jenrette Securities Corporation
Hambrecht & Quist LLC
Lehman Brothers Inc.
Merrill Lynch, Pierce, Fenner & Smith
J.P. Morgan Securities Inc.
Morgan Stanley & Co. Incorporated
PaineWebber Incorporated
Schroder Wertheim & Co. Incorporated
Allen & Company Incorporated
Janney Montgomery Scott Inc.
Jefferies & Company, Inc.
Edward D. Jones & Co., L.P.
Parker / Hunter Incorporated
Pennsylvania Merchant Group Ltd.
Pryor, McClendon, Counts & Co., Inc.
Raymond James & Associates, Inc.
Wheat First Butcher Singer
Societe Generale Securities Corp.
SALOMON BROTHERS CAPITAL FUND
PURCHASE PURSUANT TO
RULE 10f-3 OF ICA
-----------------
NAME OF STOCK: COLT Telecom Group plc
DATE OF PURCHASE: December 10, 1996
NUMBER OF SHARES PURCHASED: 20,000
AGGREGATE PURCHASE PRICE: $362,000
PRICE PER SHARE: $18.10
UNDERWRITING SPREAD: $1.22
% GROSS UNDERWRITING SPREAD: 6.74%
SHARES OFFERED: 26,700,000
TOTAL OFFERING: $60,408,750
4% OF OFFERING: $2,416,350
3% OF TOTAL ASSETS: $5,439,124(3% of 135,978,102)
BROKER: Morgan Stanley
Note: The above represents the only stock purchased by funds in the Salomon
Brothers complex.
The above purchase was made in accordance with the procedures adopted by the
Board of Directors pursuant to Rule 10(f)3 of the Investment Company Act of
1940, as amended.
101
Underwriters
Morgan Stanley & Co. Incorporated
CS First Boston Corporation
Arnhold & S. Bleichroeder, Inc.
Bear, Stearns & Co., Inc.
Alex. Brown & Sons Incorporated
The Chicago Corporation
Dain Bosworth Incorporated
Dresdner Securities (USA) Inc.
Gerard Klauer Mattison & Co., LLC
Edward D. Jones & Co., L.P.
Lehman Brothers Inc.
Merrill Lynch, Pierce, Fenner & Smith
Needham & Company, Inc.
Salomon Brothers
Smith Barney, Inc.
Brad Peery Inc.
Toronto Dominion Securities (USA) Inc.
SALOMON BROTHERS CAPITAL FUND
PURCHASE PURSUANT TO
RULE 10f-3 OF ICA
-----------------
NAME OF STOCK: BA Merchant Services, Inc.
DATE OF PURCHASE: December 18, 1996
NUMBER OF SHARES PURCHASED: 19,400
AGGREGATE PURCHASE PRICE: $300,700
PRICE PER SHARE: $15.50
UNDERWRITING SPREAD: $0.88
% GROSS UNDERWRITING SPREAD: 5.67%
SHARES OFFERED: 14,000,000
TOTAL OFFERING: $217,000,000
4% OF OFFERING: $8,680,000
3% OF TOTAL ASSETS: $4,050,467(3% of 135,015,551)
BROKER: Goldman, Sachs & Co.
Note: A total of 98,000 shares was purchased by funds in the Salomon Brothers
complex for an aggregate purchase price of $1,519,000.
The above purchase was made in accordance with the procedures adopted by the
Board of Directors pursuant to Rule 10(f)3 of the Investment Company Act of
1940, as amended.
101
Underwriters
Goldman , Sachs & Co.
Montgomery Securities
Salomon Brothers
Robert W. Baird & Co. Incorporated
Sanford C. Bernstein & Co., inc.
Alex. Brown & Sons Incorporated
Chase Securities, Inc.
Cowen & Company
Dean Witter Reynolds Inc.
A.G. Edwards & Sons, Inc.
Furman Selz LLC
Gerard Klauer Mattison & Co., LLC
Janney Montgomery Scott Inc.
Edward D. Jones & Co., L.P.
Legg Mason Wood Walker Incorporated
J.P. Morgan Securities Inc.
Morgan Stanley & Co. Incorporated
Robertson, Stephens & Company LLC
Wasserstein Perella Securities, Inc.
Wheat First Butcher Singer
Dain Bosworth Incorporated
SALOMON BROTHERS CAPITAL FUND
PURCHASE PURSUANT TO
RULE 10f-3 OF ICA
-----------------
NAME OF STOCK: Abercrombie & Fitch
DATE OF PURCHASE: September 25, 1996
NUMBER OF SHARES PURCHASED: 3,900
AGGREGATE PURCHASE PRICE: $62,400
PRICE PER SHARE: $16.00
UNDERWRITING SPREAD: $1.06
% GROSS UNDERWRITING SPREAD: 6.63%
SHARES OFFERED: 7,000,000
TOTAL OFFERING: $112,000,000
4% OF OFFERING: $4,480,000
3% OF TOTAL ASSETS: $3,738,102(3% of 124,603,395)
BROKER: Goldman, Sachs & Co.
Note: A total of 20,000 shares was purchased by funds in the Salomon Brothers
complex for an aggregate purchase price of $320,000.
The above purchase was made in accordance with the procedures adopted by the
Board of Directors pursuant to Rule 10(f)3 of the Investment Company Act of
1940, as amended.
101
Underwriters
Goldman , Sachs & Co.
Lazard Freres & Co. LLC
Montgomery Securities
J.P. Morgan Securities Inc.
Bear, Stearns & Co., Inc.
William Blair & Company, L.L.C.
Alex. Brown & Sons Incorporated
The Buckingham Research Group, Limited
CS First Boston Corporation
Chase Securities, Inc.
The Chicago Corporation
Citicorp Securities, Inc.
Deutsche Morgan Grenfell / C.J. Lawrence Inc.
Dillon, Read & Co., Inc.
Donaldson, Lufkin & Jenrette Securities Corporation
Furman Selz LLC
Gerard Klauer Mattison & Co., LLC
Gruntal & Co., Incorporated
J.J.B. Hillard, W.L. Lyons, Inc.
Legg Mason Wood Walker Incorporated
McDonald & Company Securities, Inc.
Merrill Lynch, Pierce, Fenner & Smith
Morgan Stanley & Co. Incorporated
NatCity Investments, Inc.
The Ohio Company
Oppenheimer & Co., Inc.
Prudential Securities Incorporated
Raymond James & Associates, Inc.
Robertson, Stephens & Company LLC
Rodman & Renshaw, Inc.
Salomon Brothers
Schroder Wertheim & Co. Incorporated
Stephens Inc.
UBS Securities Inc.
Black and Company Inc.
HSBC Securities Inc.
SALOMON BROTHERS CAPITAL FUND
PURCHASE PURSUANT TO
RULE 10f-3 OF ICA
-----------------
NAME OF STOCK: Crescent Real Estate
DATE OF PURCHASE: September 26, 1996
NUMBER OF SHARES PURCHASED: 20,000
AGGREGATE PURCHASE PRICE: $807,500
PRICE PER SHARE: $40.375
UNDERWRITING SPREAD: $2.12
% GROSS UNDERWRITING SPREAD: 5.25%
SHARES OFFERED: 10,000,000
TOTAL OFFERING: $403,750,000
4% OF OFFERING: $16,150,000
3% OF TOTAL ASSETS: $3,767,117(3% of 125,570,570)
BROKER: Merrill Lynch & Co.
Note: The above represents the only stock purchased by funds in the Salomon
Brothers complex.
The above purchase was made in accordance with the procedures adopted by the
Board of Directors pursuant to Rule 10(f)3 of the Investment Company Act of
1940, as amended.
101
Underwriters
Merrill Lynch, Pierce, Fenner & Smith
Dean Witter Reynolds Inc.
PaineWebber Incorporated
Smith Barney, Inc.
Alex. Brown & Sons Incorporated
CS First Boston Corporation
Donaldson, Lufkin & Jenrette Securities Corporation
A.G. Edwards & Sons, Inc.
Furman Selz LLC
NatWest Securities Limited
Salomon Brothers
UBS Securities Inc.
EVEREN Securities, Inc.
Hanifen, Imhoff Inc.
Edward D. Jones & Co., L.P.
Legg Mason Wood Walker Incorporated
Principal Financial Securities, Inc.
Raymond James & Associates, Inc.
Sutro & Co., Incorporated
Harris Webb & Garrison, Inc
Friedman, Billings, Ramsey & Co., Inc
Rauscher Pierce Refsnes, Inc.
SALOMON BROTHERS CAPITAL FUND
PURCHASE PURSUANT TO
RULE 10f-3 OF ICA
-----------------
NAME OF STOCK: The Houston Exploration Company
DATE OF PURCHASE: September 19, 1996
NUMBER OF SHARES PURCHASED: 10,000
AGGREGATE PURCHASE PRICE: $155,000
PRICE PER SHARE: $15.50
UNDERWRITING SPREAD: $1.09
% GROSS UNDERWRITING SPREAD: 7.03%
SHARES OFFERED: 6,200,000
TOTAL OFFERING: $96,100,000
4% OF OFFERING: $3,844,000
3% OF TOTAL ASSETS: $3,738,102(3% of 124,603,395)
BROKER: Goldman Sachs & Co.
Note: A total of 50,000 shares was purchased by funds in the Salomon Brothers
complex for an aggregate purchase price of $775,000.
The above purchase was made in accordance with the procedures adopted by the
Board of Directors pursuant to Rule 10(f)3 of the Investment Company Act of
1940, as amended.
101
Underwriters
Goldman , Sachs & Co.
Donaldson, Lufkin & Jenrette Securities Corporation
PaineWebber Incorporated
A.G. Edwards & Sons, Inc.
Lehman Brothers Inc.
Merrill Lynch, Pierce, Fenner & Smith
Rauscher Pierce Refsnes, Inc.
Salomon Brothers
Wasserstein Perella Securities, Inc.
Edward D. Jones & Co., L.P.
McDonald & Company Securities, Inc.
Petrie Parkman & Co.
Principal Financial Securities, Inc.
Scott & Stringfellow, Inc.
Southcoast Capital Corp.
Stifel, Nicolaus & Company, Incorporated
SALOMON BROTHERS CAPITAL FUND
PURCHASE PURSUANT TO
RULE 10f-3 OF ICA
-----------------
NAME OF STOCK: LCC International
DATE OF PURCHASE: September 25, 1996
NUMBER OF SHARES PURCHASED: 4,900
AGGREGATE PURCHASE PRICE: $78,400
PRICE PER SHARE: $16.00
UNDERWRITING SPREAD: $1.12
% GROSS UNDERWRITING SPREAD: 7.00%
SHARES OFFERED: 5,250,000
TOTAL OFFERING: $84,000,000
4% OF OFFERING: $3,360,000
3% OF TOTAL ASSETS: $3,738,102(3% of 124,603,395)
BROKER: Donaldson, Lufkin & Jenrette
Note: A total of 25,000 shares was purchased by funds in the Salomon Brothers
complex for an aggregate purchase price of $400,000.
The above purchase was made in accordance with the procedures adopted by the
Board of Directors pursuant to Rule 10(f)3 of the Investment Company Act of
1940, as amended.
101
Underwriters
Donaldson, Lufkin & Jenrette Securities Corporation
Alex. Brown & Sons Incorporated
Oppenheimer & Co., Inc.
Bear, Stearns & Co., Inc.
Cowen & Company
Dean Witter Reynolds Inc.
Deutsche Morgan Grenfell / C.J. Lawrence Inc.
Dresdner Securities (USA) Inc.
A.G. Edwards & Sons, Inc.
Goldman , Sachs & Co.
Merrill Lynch, Pierce, Fenner & Smith
J.P. Morgan Securities Inc.
Morgan Stanley & Co. Incorporated
Prudential Securities Incorporated
Salomon Brothers
Smith Barney, Inc.
UBS Securities Inc.
Robert W. Baird & Co. Incorporated
EVEREN Securities, Inc.
Fahnestock & Co. Inc.
Gerard Klauer Mattison & Co., LLC
Janney Montgomery Scott Inc.
Ladenburg, Thalman & Co., Inc.
Legg Mason Wood Walker Incorporated
McDonald & Company Securities, Inc.
Ragen MacKenzie Incorporated
Rauscher Pierce Refsnes, Inc.
Roney & Co.
Wheat First Butcher Singer
Anderson & Strudwick Incorporated
Johnston, Lemon & Co. Inc.,
Lara, Millard & Associates, Ltd.
Redwine & Company Inc.
Robinson-Humphrey Company Inc.
Ryan, Beck & Co.
Sands Brothers & Co., Ltd.
Unterberg Harris
SALOMON BROTHERS CAPITAL FUND
PURCHASE PURSUANT TO
RULE 10f-3 OF ICA
-----------------
NAME OF STOCK: Univision Communications Inc.
DATE OF PURCHASE: September 27, 1996
NUMBER OF SHARES PURCHASED: 1,900
AGGREGATE PURCHASE PRICE: $43,700
PRICE PER SHARE: $23.00
UNDERWRITING SPREAD: $1.55
% GROSS UNDERWRITING SPREAD: 6.74%
SHARES OFFERED: 8,170,000
TOTAL OFFERING: $187,910,000
4% OF OFFERING: $7,516,400
3% OF TOTAL ASSETS: $3,772,300(3% of 125,743,337)
BROKER: Donaldson, Lufkin & Jenrette
Note: A total of 10,000 shares was purchased by funds in the Salomon Brothers
complex for an aggregate purchase price of $230,000.
The above purchase was made in accordance with the procedures adopted by the
Board of Directors pursuant to Rule 10(f)3 of the Investment Company Act of
1940, as amended.
101
Underwriters
Donaldson, Lufkin & Jenrette Securities Corporation
Goldman , Sachs & Co.
Merrill Lynch, Pierce, Fenner & Smith
Morgan Stanley & Co. Incorporated
Bear, Stearns & Co., Inc.
BT Securities Corporation
CS First Boston Corporation
Alex. Brown & Sons Incorporated
Cowen & Company
Dean Witter Reynolds Inc.
Deutsche Morgan Grenfell / C.J. Lawrence Inc.
Dillon, Read & Co., Inc.
Hambrecht & Quist LLC
Lazard Freres & Co. LLC
Lehman Brothers Inc.
Montgomery Securities
J.P. Morgan Securities Inc.
Oppenheimer & Co., Inc.
PaineWebber Incorporated
Robertson, Stephens & Company LLC
Salomon Brothers
Smith Barney, Inc.
Arnhold & S. Bleichroeder, Inc.
Crowell, Weedon & Co.
EVEREN Securities, Inc.
Furman Selz LLC
Gabelli & Company, Inc.
Gerard Klauer Mattison & Co., LLC
Guzman & Company
Interstate / Johnson Lane Corporation
Janney Montgomery Scott Inc.
Ladenburg, Thalman & Co., Inc.
Legg Mason Wood Walker Incorporated
McDonald & Company Securities, Inc.
The Ohio Company
Ormes Capital Markets, Inc.
Parker / Hunter Incorporated
Ragen Mackenzie Incorporated
Raymond James & Associates, Inc.
Roney & Co.
Sutro & Co., Incorporated
Tucker Anthony Incorporated
Ambient Capital
Hoak Breedlove Wesneski & co.
Johnston, Lemon & Co. Incorporated
Klein Investment Group
Robinson-Humphrey Comanpy, Inc.
Ryan, Beck & Co.
Nomura Securities International Inc.
SALOMON BROTHERS CAPITAL FUND
PURCHASE PURSUANT TO
RULE 10f-3 OF ICA
-----------------
NAME OF STOCK: Rockshox
DATE OF PURCHASE: September 26, 1996
NUMBER OF SHARES PURCHASED: 40,000
AGGREGATE PURCHASE PRICE: $600,000
PRICE PER SHARE: $15.00
UNDERWRITING SPREAD: $1.05
% GROSS UNDERWRITING SPREAD: 7.00%
SHARES OFFERED: 4,800,000
TOTAL OFFERING: $72,000,000
4% OF OFFERING: $2,880,000
3% OF TOTAL ASSETS: $3,767,117(3% of 125,570,570)
BROKER: Merrill Lynch & Co.
Note: The above represents the only stock purchased by funds in the Salomon
Brothers complex.
The above purchase was made in accordance with the procedures adopted by the
Board of Directors pursuant to Rule 10(f)3 of the Investment Company Act of
1940, as amended.
101
Underwriters
Merrill Lynch, Pierce, Fenner & Smith
Robertson, Stephens & Company LLC
Jefferies & Company, Inc.
Alex. Brown & Sons Incorporated
Dean Witter Reynolds Inc.
A.G. Edwards & Sons, Inc.
EVEREN Securities, Inc.
Hambrecht & Quist LLC
Lazard Freres & Co. LLC
Montgomery Securities
Oppenheimer & Co., Inc.
PaineWebber Incorporated
Prudential Securities Incorporated
Salomon Brothers
Smith Barney, Inc.
William Blair & Company, L.L.C.
Burnham Securities Inc.
Dain Bosworth Incorporated
Dominick & Dominick, Incorporated
Fahnestock & Co. Inc.
Hanifen, Imhoff Inc.
Janney Montgomery Scott Inc.
Johnson Rice & Company L.L.C.
Legg Mason Wood Walker Incorporated
Needham & Company, Inc.
Ragen Mackenzie Incorporated
Rauscher Pierce Refsnes, Inc.
Raymond James & Associates, Inc.
The Robinson - Humphrey Compant, Inc.
Sutro & Co., Incorporated
Wheat First Butcher Singer
Prime Charter LTD.
