SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
RULE 24f-2 NOTICE
FOR
Smith Barney New York Municipals Fund Inc.
(Name of Registrant)
388 Greenwich Street, New York, New York 10013
(Address of principal executive offices)
Common Stock $0.01 Par Value
(Title of securities with respect to which Notice is filed)
File No. 2-87001
The following information is required pursuant to Rule 24f-2(b) (1):
(i) Period for which Notice is filed:
January 1, 1994 through December 31, 1994
(ii) Number or amount of securities of the same class or
series which had been registered under the Securities Act of 1933 other
than pursuant to Rule 24f-2 but which remain unsold at the beginning of
such fiscal year:
None
(iii) Number or amount of securities, if any, registered
during such fiscal year other than pursuant to Rule 24f-2:
None
(iv) Number and amount of securities sold during such fiscal
year*:
6,523,784 shares
$108,898,276
(v) Number and Amount of securities sold during such fiscal
year in reliance upon registration pursuant to Rule 24f-2*:
6,523,784 shares
$108,898,276
An opinion of counsel with respect to the legality of the above shares
accompanies this Notice.
Dated: February 27, 1995
Smith Barney New York Municipals Fund Inc.
By:/s/Christina Haage
Christina Haage, Assistant Treasurer
* Excludes shares issued upon reinvestment of dividends.
(1) The actual aggregate sales price for which such securities were sold
was $108,898,276. During the fiscal year ended December 31, 1994, the
actual aggregate redemption price of securities of the same class redeemed
by the Registrant was $139,674,115. No portion of such aggregate
redemption price has been applied by the Registrant pursuant to Rule 24e-
2(a) in a filing made pursuant to Section 24(e) (1) of the Investment
Company Act of 1940, as amended. Pursuant to Rule 24f-2 (c) the
registration fee with respect to the securities sold is calculated as
follows: $108,898,276 - $139,674,115 = ($30,775,839) x $.00034483=
($10,612.43). Therefore, no registration fee is required.
g:/shared/domestic/clients/shearson/funds/nymu/24f2
SMITH BARNEY INC.
388 Greenwich Street
New York, New York 10013
February 27, 1994
Smith Barney New York Municipals Fund Inc.
388 Greenwich Street
New York, New York 10013
RE: Rule 24f-2 Notice
Gentlemen:
In connection with the filing by Smith Barney New York Muncipals
Fund Inc.,a Maryland corporation (the "Fund"), of a Notice (the "Notice")
pursuant to Rule 24f-2 under the Investment Company Act of 1940, as amended
(the "1940 Act"), for the Fund's fiscal year ended December 31, 1994, you
have requested that the undersigned provide the legal opinion required by
that Rule.
In accordance with Rule 24f-2, the Fund has registered an indefinite
number of shares of common stock, $.001 par value, under the Securities Act
of 1933, as amended (the "1933 Act"). The purpose of the Notice is to
make definite the registration of 6,523,784 shares of the Fund (the
"Shares") sold in reliance upon the Rule during the fiscal year ended
December 31, 1994.
The undersigned is Deputy General Counsel and First Vice President
of Smith Barney Inc., the Fund's distributor, and in such capacity, from
time to time and for certain purposes, acts as counsel to the Fund. I have
examined copies of the Fund's Articles of Incorporation, its By-Laws,
resolutions adopted by its Board of Directors, and such other records and
documents as I have deemed necessary for purposes of this opinion.
Furthermore, I have examined a Certificate of the Assistant Treasurer of
the Fund to the effect that the Fund received the cash consideration for
each of the Shares in accordance with the aforementioned charter
documents and resolutions.
On the basis of the foregoing, and assuming all of the Shares were
sold in accordance with the terms of the Fund's Prospectus in effect at the
time of sale, I am of the opinion that the Shares have been duly authorized
and validly issued and are fully paid and non-assessable. This opinion is
for the limited purposes expressed above and should not be deemed to be an
expression of opinion as to compliance with the 1933 Act, the 1940 Act or
applicable State "blue sky" laws in connection with the sales of the
Shares.
Very truly yours,
/s/ Lee D. Augsburger
Lee D. Augsburger
Deputy General Counsel and
First Vice President
