SMITH BARNEY NEW YORK MUNICIPALS FUND INC
497, 1995-07-11
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         SMITH BARNEY NEW YORK MUNICIPALS FUND INC.
                        (the "Fund")
                              
                Supplement to Prospectus and
             Statement of Additional Information
                     dated March 1, 1995
                              
     On July 7, 1995, Smith Barney Mutual Funds Management
Inc. assumed responsibility for all administrative functions
for the Fund, including functions previously performed by
The Boston Company Advisors, Inc. ("Boston Advisors"). As of
that date, Boston Advisors ceased to serve as sub-
administrator to the Fund.

     Also as of July 7, 1995, PNC Bank, National Association
("PNC") assumed responsibility as the custodian for the
Fund.  As of that date, Boston Safe Deposit and Trust
Company, an affiliate of Boston Advisors, ceased to serve as
the Fund's custodian. PNC is located at 17th and Chestnut
Streets, Philadelphia, Pennsylvania.



Supplement dated July 11, 1995




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