<PAGE> PAGE 1
000 B000000 03/31/98
000 C000000 825629
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 SMITH BARNEY NEW JERSEY MUNICIPALS FUND INC
001 B000000 811-5486
001 C000000 2128166550
002 A000000 388 GREENWICH STREET
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10013
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
008 A000001 SMITH BARNEY MUTUAL FUNDS MANAGEMENT INC.
008 B000001 A
008 C000001 801-3389
008 D010001 NEW YORK
008 D020001 NY
008 D030001 10013
010 A000001 SMITH BARNEY MUTUAL FUNDS MANAGEMENT INC.
010 B000001 801-14437
010 C010001 NEW YORK
010 C020001 NY
010 C030001 10013
011 A000001 SMITH BARNEY
011 B000001 8-81777
011 C010001 NEW YORK
011 C020001 NY
011 C030001 10013
012 A000001 FIRST DATA INVESTORS SERVICES GROUP
012 B000001 84-0000000
012 C010001 BOSTON
<PAGE> PAGE 2
012 C020001 MA
012 C030001 02104
013 A000001 KPMG PEAT MARWICK LLP
013 B010001 NEW YORK
013 B020001 NY
013 B030001 10154
015 A000001 PNC BANK
015 B000001 C
015 C010001 PHILADELPHIA
015 C020001 PA
015 C030001 19103
015 E010001 X
018 000000 Y
019 A000000 Y
019 B000000 127
019 C000000 BARNEY0000
020 C000001 0
020 C000002 0
020 C000003 0
020 C000004 0
020 C000005 0
020 C000006 0
020 C000007 0
020 C000008 0
020 C000009 0
020 C000010 0
021 000000 0
022 A000001 PAINE WEBBER
022 B000001 13-2638166
022 C000001 19277
022 D000001 19145
022 A000002 MERRILL LYNCH
022 B000002 13-5674085
022 C000002 23179
022 D000002 4278
022 A000003 CITICROP SECURITIES
022 B000003 N/A
022 C000003 16500
022 D000003 9900
022 A000004 GOLDMAN SACHS
022 B000004 13-5108880
022 C000004 16742
022 D000004 4222
022 A000005 FIRST UNION SECURITIES
022 B000005 N/A
022 C000005 13105
022 D000005 3745
022 A000006 PRUDENTIAL SECURITIES
022 B000006 22-2347336
022 C000006 2667
022 D000006 10285
<PAGE> PAGE 3
022 A000007 GREENWICH PARTNERS
022 B000007 N/A
022 C000007 8563
022 D000007 4379
022 A000008 GIBRALTAR
022 B000008 N/A
022 C000008 731
022 D000008 11170
022 A000009 MORGAN STANLEY
022 B000009 13-2655998
022 C000009 4100
022 D000009 7654
022 A000010 WILLIAM SIMON
022 B000010 22-3017217
022 C000010 3410
022 D000010 3992
023 C000000 108274
023 D000000 78770
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
027 000000 Y
028 A010000 2248
028 A020000 625
028 A030000 0
028 A040000 1918
028 B010000 2025
028 B020000 565
028 B030000 0
028 B040000 1700
028 C010000 1595
028 C020000 625
028 C030000 0
028 C040000 2606
028 D010000 4936
028 D020000 565
028 D030000 0
028 D040000 2117
028 E010000 2882
028 E020000 565
028 E030000 0
028 E040000 1909
028 F010000 2389
028 F020000 570
028 F030000 0
<PAGE> PAGE 4
028 F040000 2087
028 G010000 16075
028 G020000 3515
028 G030000 0
028 G040000 12337
028 H000000 10302
029 000000 Y
030 A000000 236
030 B000000 4.00
030 C000000 0.00
031 A000000 0
031 B000000 0
032 000000 0
033 000000 236
034 000000 Y
035 000000 99
036 A000000 Y
036 B000000 0
037 000000 N
038 000000 0
039 000000 N
040 000000 Y
041 000000 Y
042 A000000 0
042 B000000 0
042 C000000 0
042 D000000 0
042 E000000 0
042 F000000 0
042 G000000 0
042 H000000 0
043 000000 682
044 000000 0
045 000000 Y
046 000000 N
047 000000 Y
048 000000 0.500
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
<PAGE> PAGE 5
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 N
052 000000 N
053 A000000 N
062 A000000 Y
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
062 E000000 0.9
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 -2.8
062 M000000 0.0
062 N000000 0.0
062 O000000 101.9
062 P000000 0.0
062 Q000000 0.0
062 R000000 0.0
063 A000000 0
063 B000000 20.6
064 A000000 Y
064 B000000 N
066 A000000 N
067 000000 N
068 A000000 N
068 B000000 N
069 000000 N
070 A010000 N
070 A020000 N
070 B010000 N
070 B020000 N
070 C010000 Y
070 C020000 N
070 D010000 N
070 D020000 N
070 E010000 Y
070 E020000 N
070 F010000 N
<PAGE> PAGE 6
070 F020000 N
070 G010000 Y
070 G020000 N
070 H010000 N
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 N
070 J020000 N
070 K010000 N
070 K020000 N
070 L010000 N
070 L020000 N
070 M010000 N
070 M020000 N
070 N010000 N
070 N020000 N
070 O010000 N
070 O020000 N
070 P010000 N
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000 128984
071 B000000 120437
071 C000000 220615
071 D000000 55
072 A000000 12
072 B000000 13253
072 C000000 0
072 D000000 0
072 E000000 0
072 F000000 666
072 G000000 444
072 H000000 0
072 I000000 82
072 J000000 11
072 K000000 0
072 L000000 0
072 M000000 15
072 N000000 20
072 O000000 0
072 P000000 0
072 Q000000 0
072 R000000 22
072 S000000 19
072 T000000 682
072 U000000 0
072 V000000 38
<PAGE> PAGE 7
072 W000000 27
072 X000000 2026
072 Y000000 0
072 Z000000 11227
072AA000000 3095
072BB000000 0
072CC010000 6772
072CC020000 0
072DD010000 8117
072DD020000 3082
072EE000000 698
073 A010000 0.7100
073 A020000 0.6400
073 B000000 0.0600
073 C000000 0.0000
074 A000000 86
074 B000000 0
074 C000000 2200
074 D000000 234732
074 E000000 0
074 F000000 0
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 15
074 K000000 0
074 L000000 3706
074 M000000 479
074 N000000 241218
074 O000000 10671
074 P000000 0
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 246
074 S000000 0
074 T000000 230301
074 U010000 11779
074 U020000 4894
074 V010000 13.44
074 V020000 13.44
074 W000000 0.0000
074 X000000 5278
074 Y000000 12700
075 A000000 0
075 B000000 221924
076 000000 0.00
077 A000000 N
078 000000 N
080 A000000 ICI MUTUAL INSURANCE COMPANY
<PAGE> PAGE 8
080 C000000 78275
081 A000000 Y
081 B000000 127
082 A000000 N
082 B000000 0
083 A000000 N
083 B000000 0
084 A000000 N
084 B000000 0
085 A000000 Y
085 B000000 N
SIGNATURE THOMAS REYNOLDS
TITLE CONTROLLER
[ARTICLE] 6
[CIK] 0000825629
[NAME] SMITH BARNEY NEW JERSEY MUNICIPALS FUND INC. CLASS A
<TABLE>
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] MAR-31-1998
[PERIOD-END] MAR-31-1998
[INVESTMENTS-AT-COST] 223,308,553
[INVESTMENTS-AT-VALUE] 236,931,775
[RECEIVABLES] 4,200,123
[ASSETS-OTHER] 85,721
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 241,217,619
[PAYABLE-FOR-SECURITIES] 10,670,849
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 245,779
[TOTAL-LIABILITIES] 10,916,628
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 215,186,929
[SHARES-COMMON-STOCK] 11,779,592
[SHARES-COMMON-PRIOR] 11,473,552
[ACCUMULATED-NII-CURRENT] 34,699
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 1,456,141
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 13,623,222
[NET-ASSETS] 230,300,991
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 13,253,554
[OTHER-INCOME] 0
[EXPENSES-NET] 2,026,175
[NET-INVESTMENT-INCOME] 11,227,379
[REALIZED-GAINS-CURRENT] 3,094,901
[APPREC-INCREASE-CURRENT] 6,771,520
[NET-CHANGE-FROM-OPS] 21,093,800
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 8,117,155
[DISTRIBUTIONS-OF-GAINS] 697,876
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 1,254,490
[NUMBER-OF-SHARES-REDEEMED] 1,331,406
[SHARES-REINVESTED] 382,956
[NET-CHANGE-IN-ASSETS] 14,943,419
[ACCUMULATED-NII-PRIOR] 265,318
[ACCUMULATED-GAINS-PRIOR] (623,226)
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 1,109,419
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 2,026,175
[AVERAGE-NET-ASSETS] 152,570,142
[PER-SHARE-NAV-BEGIN] 12.92
[PER-SHARE-NII] 00.70
[PER-SHARE-GAIN-APPREC] 00.59
[PER-SHARE-DIVIDEND] 00.71
[PER-SHARE-DISTRIBUTIONS] 00.06
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 13.44
[EXPENSE-RATIO] 00.75
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000825629
[NAME] SMITH BARNEY NEW JERSEY MUNICIPALS FUND INC. CLASS B
<TABLE>
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] MAR-31-1998
[PERIOD-END] MAR-31-1998
[INVESTMENTS-AT-COST] 223,308,553
[INVESTMENTS-AT-VALUE] 236,931,775
[RECEIVABLES] 4,200,123
[ASSETS-OTHER] 85,721
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 241,217,619
[PAYABLE-FOR-SECURITIES] 10,670,849
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 245,779
[TOTAL-LIABILITIES] 10,916,628
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 215,186,929
[SHARES-COMMON-STOCK] 4,894,325
[SHARES-COMMON-PRIOR] 4,818,345
[ACCUMULATED-NII-CURRENT] 34,699
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 1,456,141
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 13,623,222
[NET-ASSETS] 230,300,991
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 13,253,554
[OTHER-INCOME] 0
[EXPENSES-NET] 2,026,175
[NET-INVESTMENT-INCOME] 11,227,379
[REALIZED-GAINS-CURRENT] 3,094,901
[APPREC-INCREASE-CURRENT] 6,771,520
[NET-CHANGE-FROM-OPS] 21,093,800
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 3,081,876
[DISTRIBUTIONS-OF-GAINS] 291,745
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 609,600
[NUMBER-OF-SHARES-REDEEMED] 696,778
[SHARES-REINVESTED] 163,158
[NET-CHANGE-IN-ASSETS] 14,943,419
[ACCUMULATED-NII-PRIOR] 265,318
[ACCUMULATED-GAINS-PRIOR] (623,226)
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 1,109,419
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 2,026,175
[AVERAGE-NET-ASSETS] 63,926,672
[PER-SHARE-NAV-BEGIN] 12.92
[PER-SHARE-NII] 00.63
[PER-SHARE-GAIN-APPREC] 00.59
[PER-SHARE-DIVIDEND] 00.64
[PER-SHARE-DISTRIBUTIONS] 00.06
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 13.44
[EXPENSE-RATIO] 01.27
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000825629
[NAME] SMITH BARNEY NEW JERSEY MUNICIPALS FUND INC. CLASS C
<TABLE>
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] MAR-31-1998
[PERIOD-END] MAR-31-1998
[INVESTMENTS-AT-COST] 223,308,553
[INVESTMENTS-AT-VALUE] 236,931,775
[RECEIVABLES] 4,200,123
[ASSETS-OTHER] 85,721
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 241,217,619
[PAYABLE-FOR-SECURITIES] 10,670,849
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 245,779
[TOTAL-LIABILITIES] 10,916,628
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 215,186,929
[SHARES-COMMON-STOCK] 458,269
[SHARES-COMMON-PRIOR] 376,392
[ACCUMULATED-NII-CURRENT] 34,699
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 1,456,141
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 13,623,222
[NET-ASSETS] 230,300,991
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 13,253,554
[OTHER-INCOME] 0
[EXPENSES-NET] 2,026,175
[NET-INVESTMENT-INCOME] 11,227,379
[REALIZED-GAINS-CURRENT] 3,094,901
[APPREC-INCREASE-CURRENT] 6,771,520
[NET-CHANGE-FROM-OPS] 21,093,800
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 258,967
[DISTRIBUTIONS-OF-GAINS] 25,913
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 128,843
[NUMBER-OF-SHARES-REDEEMED] 62,246
[SHARES-REINVESTED] 15,280
[NET-CHANGE-IN-ASSETS] 14,943,419
[ACCUMULATED-NII-PRIOR] 265,318
[ACCUMULATED-GAINS-PRIOR] (623,226)
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 1,109,419
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 2,026,175
[AVERAGE-NET-ASSETS] 5,427,865
[PER-SHARE-NAV-BEGIN] 12.92
[PER-SHARE-NII] 00.61
[PER-SHARE-GAIN-APPREC] 00.59
[PER-SHARE-DIVIDEND] 00.63
[PER-SHARE-DISTRIBUTIONS] 00.06
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 13.43
[EXPENSE-RATIO] 01.39
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
To the Shareholders and Board of Directors of
the Smith Barney New Jersey Municipals Fund Inc.:
In planning and performing our audit of the financial
statements
of the Smith Barney New Jersey Municipals Fund Inc. (the
"Fund")
for the year ended March 31, 1998, 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 the 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 controls. Generally,
controls 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 controls 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 the internal control would not
necessarily
disclose all matters in the 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 one or
more of
the 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 the
internal
control and its operation, including controls for
safeguarding
securities that we consider to be material weaknesses as
defined
above.
This report is intended solely for the information and use
of
management, the Board of Directors of the Fund, and the
Securities and Exchange Commission.
May 15, 1998