SMITH BARNEY NATURAL RESOURCES FUND INC
NSAR-B, 1997-01-29
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000 B000000 10/31/96
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001 A000000 SMITH BARNEY NATURAL RESOURCES FUND INC.
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SIGNATURE   IRVING DAVID                                 
TITLE       CONTROLLER          
 


[ARTICLE] 6
[CIK] 0000797480
[NAME] SMITH BARNEY NATURAL RESOURCES FUND INC. CLASS A
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   YEAR
[FISCAL-YEAR-END]                          OCT-31-1996
[PERIOD-END]                               OCT-31-1996
[INVESTMENTS-AT-COST]                      111,756,014
[INVESTMENTS-AT-VALUE]                     124,138,577
[RECEIVABLES]                                  579,570
[ASSETS-OTHER]                               1,325,131
[OTHER-ITEMS-ASSETS]                        18,139,000
[TOTAL-ASSETS]                             144,782,278
[PAYABLE-FOR-SECURITIES]                     5,268,430
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                    7,422,335
[TOTAL-LIABILITIES]                         12,690,765
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                   130,778,289
[SHARES-COMMON-STOCK]                        2,201,056
[SHARES-COMMON-PRIOR]                        1,689,793
[ACCUMULATED-NII-CURRENT]                      969,082
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                   (12,330,425)
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                    12,674,567
[NET-ASSETS]                               132,091,513
[DIVIDEND-INCOME]                            1,048,629
[INTEREST-INCOME]                              575,274
[OTHER-INCOME]                               1,623,903
[EXPENSES-NET]                               1,987,287
[NET-INVESTMENT-INCOME]                      (363,384)
[REALIZED-GAINS-CURRENT]                    13,520,028
[APPREC-INCREASE-CURRENT]                   12,191,702
[NET-CHANGE-FROM-OPS]                       25,348,346
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                            0
[DISTRIBUTIONS-OF-GAINS]                             0
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                     19,586,022
[NUMBER-OF-SHARES-REDEEMED]                 19,074,759
[SHARES-REINVESTED]                                  0
[NET-CHANGE-IN-ASSETS]                      77,888,076
[ACCUMULATED-NII-PRIOR]                    (1,100,214)
[ACCUMULATED-GAINS-PRIOR]                 (24,990,828)
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                          763,626
[INTEREST-EXPENSE]                             221,703
[GROSS-EXPENSE]                              1,223,661
[AVERAGE-NET-ASSETS]                        44,434,142
[PER-SHARE-NAV-BEGIN]                            16.50
[PER-SHARE-NII]                                   6.45
[PER-SHARE-GAIN-APPREC]                              0
[PER-SHARE-DIVIDEND]                                 0
[PER-SHARE-DISTRIBUTIONS]                            0
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                              22.95
[EXPENSE-RATIO]                                   1.62
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>


[ARTICLE] 6
[CIK] 0000797480
[NAME] SMITH BARNEY NATURAL RESOURCES FUND INC. CLASS B
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   YEAR
[FISCAL-YEAR-END]                          OCT-31-1996
[PERIOD-END]                               OCT-31-1996
[INVESTMENTS-AT-COST]                      111,756,014
[INVESTMENTS-AT-VALUE]                     124,138,577
[RECEIVABLES]                                  579,570
[ASSETS-OTHER]                               1,325,131
[OTHER-ITEMS-ASSETS]                        18,139,000
[TOTAL-ASSETS]                             144,782,278
[PAYABLE-FOR-SECURITIES]                     5,268,430
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                    7,422,335
[TOTAL-LIABILITIES]                         12,690,765
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                   130,778,289
[SHARES-COMMON-STOCK]                        3,314,188
[SHARES-COMMON-PRIOR]                        1,593,919
[ACCUMULATED-NII-CURRENT]                      969,082
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                   (12,330,425)
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                    12,674,567
[NET-ASSETS]                               132,091,513
[DIVIDEND-INCOME]                            1,048,629
[INTEREST-INCOME]                              575,274
[OTHER-INCOME]                               1,623,903
[EXPENSES-NET]                               1,987,287
[NET-INVESTMENT-INCOME]                      (363,384)
[REALIZED-GAINS-CURRENT]                    13,520,028
[APPREC-INCREASE-CURRENT]                   12,191,702
[NET-CHANGE-FROM-OPS]                       25,348,346
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                            0
[DISTRIBUTIONS-OF-GAINS]                             0
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                      6,446,926
[NUMBER-OF-SHARES-REDEEMED]                  4,726,657
[SHARES-REINVESTED]                                  0
[NET-CHANGE-IN-ASSETS]                      77,888,076
[ACCUMULATED-NII-PRIOR]                    (1,100,214)
[ACCUMULATED-GAINS-PRIOR]                 (24,990,828)
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                          763,626
[INTEREST-EXPENSE]                             221,703
[GROSS-EXPENSE]                              1,223,661
[AVERAGE-NET-ASSETS]                        51,122,441
[PER-SHARE-NAV-BEGIN]                            16.15
[PER-SHARE-NII]                                   6.17
[PER-SHARE-GAIN-APPREC]                              0
[PER-SHARE-DIVIDEND]                                 0
[PER-SHARE-DISTRIBUTIONS]                            0
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                              22.32
[EXPENSE-RATIO]                                   2.29
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>


[ARTICLE] 6
[CIK] 0000797480
[NAME] SMITH BARNEY NATURAL RESOURCES FUND INC. CLASS C
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   YEAR
[FISCAL-YEAR-END]                          OCT-31-1996
[PERIOD-END]                               OCT-31-1996
[INVESTMENTS-AT-COST]                      111,756,014
[INVESTMENTS-AT-VALUE]                     124,138,577
[RECEIVABLES]                                  579,570
[ASSETS-OTHER]                               1,325,131
[OTHER-ITEMS-ASSETS]                        18,139,000
[TOTAL-ASSETS]                             144,782,278
[PAYABLE-FOR-SECURITIES]                     5,268,430
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                    7,422,335
[TOTAL-LIABILITIES]                         12,690,765
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                   130,778,289
[SHARES-COMMON-STOCK]                          340,531
[SHARES-COMMON-PRIOR]                           35,361
[ACCUMULATED-NII-CURRENT]                      969,082
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                   (12,330,425)
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                    12,674,567
[NET-ASSETS]                               132,091,513
[DIVIDEND-INCOME]                            1,048,629
[INTEREST-INCOME]                              575,274
[OTHER-INCOME]                               1,623,903
[EXPENSES-NET]                               1,987,287
[NET-INVESTMENT-INCOME]                      (363,384)
[REALIZED-GAINS-CURRENT]                    13,520,028
[APPREC-INCREASE-CURRENT]                   12,191,702
[NET-CHANGE-FROM-OPS]                       25,348,346
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                            0
[DISTRIBUTIONS-OF-GAINS]                             0
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                        533,568
[NUMBER-OF-SHARES-REDEEMED]                    228,398
[SHARES-REINVESTED]                                  0
[NET-CHANGE-IN-ASSETS]                      77,888,076
[ACCUMULATED-NII-PRIOR]                    (1,100,214)
[ACCUMULATED-GAINS-PRIOR]                 (24,990,828)
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                          763,626
[INTEREST-EXPENSE]                             221,703
[GROSS-EXPENSE]                              1,223,661
[AVERAGE-NET-ASSETS]                         4,281,544
[PER-SHARE-NAV-BEGIN]                            16.16
[PER-SHARE-NII]                                   6.16
[PER-SHARE-GAIN-APPREC]                              0
[PER-SHARE-DIVIDEND]                                 0
[PER-SHARE-DISTRIBUTIONS]                            0
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                              22.32
[EXPENSE-RATIO]                                   2.25
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>



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