SMITH BARNEY SHEARSON OREGON MUNICIPAL FUND
N-8A, 1994-03-11
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM N-8A

NOTIFICATION OF REGISTRATION 
FILED PURSUANT TO SECTION 8(a) OF THE 
INVESTMENT COMPANY ACT OF 1940


	The undersigned investment company hereby notifies the Securities 
and Exchange Commission that it registers under and pursuant to the 
provisions of Section 8(a) of the Investment Company Act of 1940 and in 
connection with such notification of registration submits the following 
information:

				

Name:		SMITH BARNEY SHEARSON OREGON MUNICIPALS FUND

Address of Principal Business Office (No. & Street, City, State, Zip 
Code):

Smith Barney Shearson Inc.
Two World Trade Center
New York, NY 10048

Telephone Number (including area code): (212) 720-9218

Name and address of agent for service of process:

Mr. Heath B. McLendon
Smith Barney Shearson Oregon Municipals Fund
Two World Trade Center
New York, NY 10048

Copies to:

Lee D. Augsburger, Esq.
The Boston Company Advisors, Inc.
One Exchange Place
Boston, MA 02109



Check Appropriate Box:

	Registrant is filing a Registration Statement pursuant to Section 
8(b) of the Investment Company Act of 1940 concurrently with the filing 
of Form N-8A:
			Yes: *		No:

SIGNATURES

	Pursuant to the requirements of the Investment Company Act of 
1940, the registrant has caused this notification of registration to be 
duly signed on its behalf in the City of Boston and Commonwealth of 
Massachusetts on the ____ day of ________, 1994.

						SMITH BARNEY SHEARSON OREGON
						MUNICIPALS FUND


						By    /s/ Lee D. Augsburger
						         Lee D. Augsburger
						         Chief Executive Officer and 
President

ATTEST:    /s/ Caren A. Cunningham
                       Caren A. Cunningham
                       Chief Financial Officer
                       and Secretary 

shared/domestic/clients/shearson/funds/ore/n-8a





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