<PAGE> 1
LEGG MASON, INC.
111 South Calvert Street
Baltimore, Maryland 21202
April 26, 1996
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: Legg Mason, Inc.
Post-Effective Amendment No. 1 to
Registration Statement on Form S-3
File No. 33-62704
Ladies and Gentlemen:
With respect to the above-referenced Post-Effective
Amendment No. 1, please be advised that, as of the date thereof,
after giving effect to a stock split, 237,000 shares remained
unsold and 88,000 shares had previously been sold under
Registration Statement No. 33-62704.
Please contact the undersigned at (410) 539-4970 or
Theodore S. Kaplan, the firm's General Counsel, at (410) 539-4073,
should you require additional information or have any questions.
Very truly yours,
/s/ F. James Tennies
F. James Tennies
Assistant General Counsel
