<PAGE> PAGE 1
000 B000000 12/31/97
000 C000000 0000205545
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 THE SALOMON BROTHERS FUND INC
001 B000000 811-2733
001 C000000 8007256666
002 A000000 7 WORLD TRADE CENTER
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10048
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
007 C010100 1
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
007 C011100 11
007 C011200 12
007 C011300 13
007 C011400 14
007 C011500 15
007 C011600 16
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
007 C012100 21
007 C012200 22
007 C012300 23
007 C012400 24
007 C012500 25
007 C012600 26
007 C012700 27
007 C012800 28
007 C012900 29
<PAGE> PAGE 2
007 C013000 30
007 C013100 31
007 C013200 32
007 C013300 33
007 C013400 34
007 C013500 35
007 C013600 36
007 C013700 37
007 C013800 38
007 C013900 39
007 C014000 40
007 C014100 41
007 C014200 42
007 C014300 43
007 C014400 44
007 C014500 45
007 C014600 46
007 C014700 47
007 C014800 48
007 C014900 49
007 C015000 50
007 C015100 51
007 C015200 52
007 C015300 53
007 C015400 54
007 C015500 55
007 C015600 56
007 C015700 57
007 C015800 58
007 C015900 59
007 C016000 60
007 C016100 61
007 C016200 62
007 C016300 63
007 C016400 64
007 C016500 65
007 C016600 66
007 C016700 67
007 C016800 68
007 C016900 69
007 C017000 70
007 C017100 71
007 C017200 72
007 C017300 73
007 C017400 74
007 C017500 75
007 C017600 76
007 C017700 77
007 C017800 78
007 C017900 79
007 C018000 80
<PAGE> PAGE 3
008 A000001 SALOMON BROTHERS ASSET MANAGEMENT INC
008 B000001 A
008 C000001 801-32046
008 D010001 NEW YORK
008 D020001 NY
008 D030001 10048
012 A000001 BANK OF NEW YORK
012 B000001 85-5006
012 C010001 NEW YORK
012 C020001 NY
012 C030001 10286
013 A000001 PRICE WATERHOUSE LLP
013 B010001 NEW YORK
013 B020001 NY
013 B030001 10036
014 A000001 SALOMON BROTHERS INC
014 B000001 8-26920
015 A000001 BANK OF NEW YORK
015 B000001 C
015 C010001 NEW YORK
015 C020001 NY
015 C030001 10286
015 E010001 X
015 A000002 CEDEL, SA
015 B000002 S
015 C010002 LUXEMBURG
015 D010002 LUXEMBURG
015 E040002 X
015 A000003 BANQUE DE PARIBAS
015 B000003 S
015 C010003 PARIS
015 D010003 FRANCE
015 E040003 X
015 A000004 DRESDNER BANK AG
015 B000004 S
015 C010004 FRANKFURT
015 D010004 GERMANY
015 E040004 X
015 A000005 MEESPIERSON BANK
015 B000005 S
015 C010005 AMSTERDAM
015 D010005 THE NETHERLANDS
015 E040005 X
015 A000006 BANCO BILBAO VIZCAYA
015 B000006 S
015 C010006 MADRID
015 D010006 SPAIN
015 E040006 X
015 A000007 UNION BANK OF SWITZERLAND
015 B000007 S
015 C010007 ZURICH
<PAGE> PAGE 4
015 D010007 SWITZERLAND
015 E040007 X
015 A000008 THE BANK OF NEW YORK
015 B000008 S
015 C010008 LONDON
015 D010008 UNITED KINGDOM
015 E040008 X
015 A000009 BANCO NACIONAL DE MEXICO
015 B000009 S
015 C010009 MEXICO CITY
015 D010009 MEXICO
015 E040009 X
015 A000010 THE FIRST NATIONAL BANK OF BOSTON
015 B000010 S
015 C010010 BUENOS AIRES
015 D010010 ARGENTINA
015 E040010 X
015 A000011 AUSTRALIA & NEW ZEALAND BANKING GROUP LTD
015 B000011 S
015 C010011 MELBOURNE
015 D010011 AUSTRALIA
015 E040011 X
015 A000012 GIROCREDIT BANK AG DER OSTERRREICHISCHEN
015 B000012 S
015 C010012 VIENNA
015 D010012 AUSTRIA
015 E040012 X
015 A000013 BANQUE BRUXELLES LAMBERT
015 B000013 S
015 C010013 BRUXELLES
015 D010013 BELGIUM
015 E040013 X
015 A000014 THE BANK OF BOSTON
015 B000014 S
015 C010014 SAO PAOLO
015 D010014 BRAZIL
015 E040014 X
015 A000015 ROYAL TRUST CORPORATION OF CANADA
015 B000015 S
015 C010015 TORONTO
015 D010015 CANADA
015 E040015 X
015 A000016 THE BANK OF BOSTON/BANCO DE CHILE
015 B000016 S
015 C010016 SANTIAGO
015 D010016 CHILE
015 E040016 X
015 A000017 DEN DANSKE BANK
015 B000017 S
015 C010017 COPENHAGEN
015 D010017 DENMARK
<PAGE> PAGE 5
015 E040017 X
015 A000018 MERITA BANK (MB)
015 B000018 S
015 C010018 HELSINKI
015 D010018 FINLAND
015 E040018 X
015 A000020 THE HONG KONG & SHANGHAI BANKING CORP LTD
015 B000020 S
015 C010020 HONG KONG
015 D010020 HONG KONG
015 E040020 X
015 A000022 BANCA COMMERCIALE ITALIANA
015 B000022 S
015 C010022 MILAN
015 D010022 ITALY
015 E040022 X
015 A000023 YASUDA TRUST & BANKING CO LTD
015 B000023 S
015 C010023 TOKYO
015 D010023 JAPAN
015 E040023 X
015 A000024 BANK OF SEOUL
015 B000024 S
015 C010024 SEOUL
015 D010024 KOREA
015 E040024 X
015 A000029 THE HONG KONG & SHANGHAI BANKING CORP LTD
015 B000029 S
015 C010029 MANILA
015 D010029 PHILIPPINES
015 E040029 X
015 A000030 BANCO COMERCIAL PORTUGUES SA
015 B000030 S
015 C010030 LISBON
015 D010030 PORTUGAL
015 E040030 X
015 A000031 UNITED OVERSEAS BANK
015 B000031 S
015 C010031 SINGAPORE
015 D010031 SINGAPORE
015 E040031 X
015 A000032 STANDARD BANK OF SOUTH AFRICA LTD
015 B000032 S
015 C010032 JOHANNESBURG
015 D010032 SOUTH AFRICA
015 E040032 X
015 A000034 SKANDINAVISKA ENSKILDA BANKEN
015 B000034 S
015 C010034 STOCKHOLM
015 D010034 SWEDEN
015 E040034 X
<PAGE> PAGE 6
015 A000035 THE HONG KONG & SHANGHAI BANKING CORP LTD
015 B000035 S
015 C010035 TAI PEI
015 D010035 TAIWAN
015 E040035 X
015 A000039 CITIBANK NA
015 B000039 S
015 C010039 CARACAS
015 D010039 VENEZUELA
015 E040039 X
015 A000040 HONG KONG & SHANGHAI BANKING CORP.
015 B000040 S
015 C010040 CALCUTTA
015 D010040 INDIA
015 E040040 X
018 000000 Y
019 A000000 N
019 B000000 0
020 A000001 SALOMON INC
020 B000001 13-3082694
020 C000001 150
020 A000002 JEFFERIES & CO
020 B000002 95-2622900
020 C000002 147
020 A000003 MERRILL LYNCH PIERCE FENNER & SMITH
020 B000003 13-5674085
020 C000003 143
020 A000004 LYNCH JONES & RYAN
020 B000004 13-3356934
020 C000004 137
020 A000005 GOLDMAN SACHS
020 B000005 13-5108880
020 C000005 128
020 A000006 SANFORD C BERNSTEIN
020 B000006 13-2625874
020 C000006 126
020 A000007 MORGAN STANLEY
020 B000007 13-2655998
020 C000007 121
020 A000008 JONES & ASSOCIATES
020 B000008 95-3583143
020 C000008 113
020 A000009 BEAR STEARNS
020 B000009 13-3299429
020 C000009 96
020 A000010 PRUDENTIAL SECURITIES
020 B000010 22-2347336
020 C000010 93
021 000000 2003
022 A000001 JP MORGAN SECURITIES
022 B000001 13-3224016
<PAGE> PAGE 7
022 C000001 25518504
022 D000001 1210
022 A000002 MERRILL LYNCH PIERCE FENNER & SMITH
022 B000002 13-5674085
022 C000002 6292690
022 D000002 34637
022 A000003 UBS SECURITIES
022 B000003 13-2932996
022 C000003 5973574
022 D000003 0
022 A000004 DEUTSCHE BANK CAPITAL
022 B000004 13-6124068
022 C000004 167152
022 D000004 912
022 A000005 GOLDMAN SACHS
022 B000005 13-5108880
022 C000005 30389
022 D000005 31287
022 A000006 MORGAN STANLEY
022 B000006 13-2655998
022 C000006 24213
022 D000006 10026
022 A000007 SMITH BARNEY HOLDINGS
022 B000007 13-1912900
022 C000007 19686
022 D000007 10449
022 A000008 DONALDSON LUFKIN & JENRETTE
022 B000008 13-2741729
022 C000008 11658
022 D000008 12665
022 A000009 LEHMAN BROTHERS
022 B000009 13-2518466
022 C000009 7253
022 D000009 8907
022 A000010 JEFFERIES & CO
022 B000010 95-2622900
022 C000010 0
022 D000010 15859
023 C000000 38111581
023 D000000 182903
024 000000 N
025 D000001 0
025 D000002 0
025 D000003 0
025 D000004 0
025 D000005 0
025 D000006 0
025 D000007 0
025 D000008 0
026 A000000 N
026 B000000 Y
<PAGE> PAGE 8
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 N
028 A010000 0
028 A020000 0
028 A030000 0
028 A040000 0
028 B010000 0
028 B020000 0
028 B030000 0
028 B040000 0
028 C010000 0
028 C020000 0
028 C030000 0
028 C040000 0
028 D010000 0
028 D020000 0
028 D030000 0
028 D040000 0
028 E010000 0
028 E020000 0
028 E030000 0
028 E040000 0
028 F010000 0
028 F020000 0
028 F030000 0
028 F040000 0
028 G010000 0
028 G020000 0
028 G030000 0
028 G040000 0
028 H000000 0
030 A000000 0
030 B000000 0.00
030 C000000 0.00
031 A000000 0
031 B000000 0
032 000000 0
033 000000 0
035 000000 0
036 B000000 0
038 000000 0
042 A000000 0
042 B000000 0
042 C000000 0
042 D000000 0
<PAGE> PAGE 9
042 E000000 0
042 F000000 0
042 G000000 0
042 H000000 0
043 000000 0
044 000000 0
045 000000 Y
046 000000 N
047 000000 N
048 000000 0.000
048 A010000 0
048 A020000 0.000
048 B010000 0
048 B020000 0.000
048 C010000 0
048 C020000 0.000
048 D010000 0
048 D020000 0.000
048 E010000 0
048 E020000 0.000
048 F010000 0
048 F020000 0.000
048 G010000 0
048 G020000 0.000
048 H010000 0
048 H020000 0.000
048 I010000 0
048 I020000 0.000
048 J010000 0
048 J020000 0.000
048 K010000 0
048 K020000 0.000
049 000000 N
050 000000 N
051 000000 Y
052 000000 N
053 A000000 N
054 A000000 Y
054 B000000 Y
054 C000000 Y
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 Y
054 H000000 Y
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 Y
054 M000000 Y
054 N000000 N
<PAGE> PAGE 10
054 O000000 N
055 A000000 N
055 B000000 N
056 000000 Y
057 000000 N
058 A000000 N
059 000000 Y
060 A000000 Y
060 B000000 Y
061 000000 0
062 A000000 N
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
062 E000000 0.0
062 F000000 0.0
062 G000000 0.0
062 H000000 0.0
062 I000000 0.0
062 J000000 0.0
062 K000000 0.0
062 L000000 0.0
062 M000000 0.0
062 N000000 0.0
062 O000000 0.0
062 P000000 0.0
062 Q000000 0.0
062 R000000 0.0
063 A000000 0
063 B000000 0.0
066 A000000 Y
066 B000000 N
066 C000000 N
066 D000000 Y
066 E000000 N
066 F000000 N
066 G000000 N
067 000000 N
068 A000000 N
068 B000000 N
069 000000 N
070 A010000 Y
070 A020000 Y
070 B010000 Y
070 B020000 Y
070 C010000 N
070 C020000 N
070 D010000 Y
070 D020000 Y
070 E010000 Y
070 E020000 N
<PAGE> PAGE 11
070 F010000 Y
070 F020000 N
070 G010000 Y
070 G020000 N
070 H010000 Y
070 H020000 N
070 I010000 Y
070 I020000 N
070 J010000 Y
070 J020000 Y
070 K010000 Y
070 K020000 N
070 L010000 Y
070 L020000 Y
070 M010000 Y
070 M020000 N
070 N010000 Y
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 N
070 P020000 N
070 Q010000 Y
070 Q020000 N
070 R010000 Y
070 R020000 N
071 A000000 701772
071 B000000 1019619
071 C000000 1441536
071 D000000 49
072 A000000 12
072 B000000 10819
072 C000000 19740
072 D000000 0
072 E000000 1031
072 F000000 6859
072 G000000 0
072 H000000 0
072 I000000 260
072 J000000 133
072 K000000 0
072 L000000 126
072 M000000 79
072 N000000 0
072 O000000 0
072 P000000 0
072 Q000000 0
072 R000000 47
072 S000000 415
072 T000000 0
072 U000000 0
<PAGE> PAGE 12
072 V000000 238
072 W000000 282
072 X000000 8439
072 Y000000 0
072 Z000000 23151
072AA000000 258117
072BB000000 0
072CC010000 69603
072CC020000 0
072DD010000 22790
072DD020000 223469
072EE000000 223720
073 A010000 0.2700
073 A020000 0.0000
073 B000000 2.6800
073 C000000 0.0000
074 A000000 17
074 B000000 124774
074 C000000 0
074 D000000 19741
074 E000000 4837
074 F000000 1435785
074 G000000 0
074 H000000 0
074 I000000 25828
074 J000000 9653
074 K000000 0
074 L000000 1893
074 M000000 0
074 N000000 1622528
074 O000000 13252
074 P000000 1828
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 62150
074 S000000 0
074 T000000 1545298
074 U010000 83477
074 U020000 0
074 V010000 18.51
074 V020000 0.00
074 W000000 0.0000
074 X000000 26600
074 Y000000 0
075 A000000 0
075 B000000 1582372
076 000000 17.69
077 A000000 Y
077 B000000 Y
<PAGE> PAGE 13
077 O000000 Y
077 Q010000 Y
078 000000 N
080 A000000 GULF INSURANCE
080 C000000 16400
081 A000000 Y
081 B000000 24
082 A000000 Y
082 B000000 25
083 A000000 N
083 B000000 0
084 A000000 N
084 B000000 0
085 A000000 Y
085 B000000 N
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
087 A010000 COMMON
087 A020000 795477108
087 A030000 SBF
088 A000000 N
088 D000000 N
SIGNATURE ALAN M. MANDEL
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000205545
<NAME> SB FUND
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> DEC-31-1997
<INVESTMENTS-AT-COST> 948,486,119
<INVESTMENTS-AT-VALUE> 1,486,190,784
<RECEIVABLES> 11,546,684
<ASSETS-OTHER> 124,774,000
<OTHER-ITEMS-ASSETS> 16,609
<TOTAL-ASSETS> 1,622,528,077
<PAYABLE-FOR-SECURITIES> 13,252,229
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 63,978,255
<TOTAL-LIABILITIES> 77,230,484
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 872,240,487
<SHARES-COMMON-STOCK> 83,477,470
<SHARES-COMMON-PRIOR> 83,477,470
<ACCUMULATED-NII-CURRENT> 213,404
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 51,661,334
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 537,704,898
<NET-ASSETS> 1,545,297,593
<DIVIDEND-INCOME> 19,739,861
<INTEREST-INCOME> 10,818,997
<OTHER-INCOME> 1,031,068
<EXPENSES-NET> 8,439,121
<NET-INVESTMENT-INCOME> 23,150,805
<REALIZED-GAINS-CURRENT> 258,117,184
<APPREC-INCREASE-CURRENT> 69,603,429
<NET-CHANGE-FROM-OPS> 350,871,418
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 22,789,609
<DISTRIBUTIONS-OF-GAINS> 223,469,182
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 104,612,627
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 17,013,332
<OVERDISTRIB-NII-PRIOR> 147,792
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 6,858,516
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,580,605
<AVERAGE-NET-ASSETS> 1,582,371,873
<PER-SHARE-NAV-BEGIN> 17.26
<PER-SHARE-NII> .27
<PER-SHARE-GAIN-APPREC> 3.93
<PER-SHARE-DIVIDEND> .27
<PER-SHARE-DISTRIBUTIONS> 2.68
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 18.51
<EXPENSE-RATIO> .53
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
February 23, 1998
To the Shareholders
and Board of Directors
ofThe Salomon Brothers
Fund Inc
In planning and performing
our audit of the financial
statements of The Salomon
Brothers Fund Inc (the "Fund")
for the year ended December
31, 1997, we considered its
internal control, including
control activities for
safeguarding securities, in order
to determine our auditing
procedures for the purpose of
expressing our opinion on the
financial statements and to
comply with the requirements
of Form N-SAR, not to provide
assurance on internal control.
The management of the Fund
is responsible for establishing
and maintaining internal
control. In fulfilling this
responsibility, estimates and
judgments by management
are required to assess the
expected benefits and related
costs of control activities.
Generally, control activities
that are relevant to an audit
pertain to the entity's
objective of preparing financial
statements for external purposes
that are fairly presented in
conformity with generally
accepted accounting principles.
Those control activities include
the safeguarding of assets
against unauthorized acquisition,
use or disposition.Because of
inherent limitations in internal
control, errors or irregularities
may occur and not be detected.
Also, projection of any evaluation
of internal control 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 internal control would not
necessarily disclose all matters
in internal control 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 any specific internal control
components 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
internal control, including control
activities for safeguarding securities,
that we consider to be material
weaknesses as defined above as
of December 31, 1997.This report
is intended solely for the
information and use of management
and the Board of Directors of the
Fund and the Securities and
Exchange Commission.
PRICE WATERHOUSE LLP
