<PAGE> PAGE 1
000 B000000 04/30/97
000 C000000 920058
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 OREGON MUNICIPALS FUND
001 B000000 811-7149
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
008 B000001 A
008 C000001 801-3389
008 D010001 NEW YORK
008 D020001 NY
008 D030001 10013
010 A000001 SMITH BARNEY
010 B000001 801-14437
010 C010001 NEW YORK
010 C020001 NY
010 C030001 10013
013 A000001 KPMG PEAT MARWICK
013 B010001 NEW YORK
013 B020001 NY
013 B030001 10154
015 A000001 PNC BANK
015 B000001 C
015 C010001 PHILADELPHIA
015 C020001 PA
<PAGE> PAGE 2
015 C030001 19103
015 E010001 X
018 000000 Y
019 B000000 0
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 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
022 B000001 N/A
022 C000001 2384
022 D000001 2002
022 A000002 BEAR STEARNS & CO.
022 B000002 13-3299429
022 C000002 2435
022 D000002 0
022 A000003 E.A. MOOS & CO.
022 B000003 N/A
022 C000003 438
022 D000003 939
022 A000004 SAMUEL A. RAMIREZ & CO., INC.
022 B000004 N/A
022 C000004 488
022 D000004 725
022 A000005 CITICORP INVESTORS SERVICES
022 B000005 N/A
022 C000005 1000
022 D000005 200
022 A000006 KEMPER SECURITIES, INC.
022 B000006 N/A
022 C000006 676
022 D000006 431
022 A000007 KEY INVESTMENTS, INC.
022 B000007 N/A
022 C000007 1000
022 D000007 0
022 A000008 SEATTLE-NORTHWEST SECURITIES CO.
022 B000008 N/A
022 C000008 985
022 D000008 0
022 A000009 PRUDENTIAL SECURITIES INC.
022 B000009 22-2347336
022 C000009 482
022 D000009 500
<PAGE> PAGE 3
022 A000010 PAUSOHER PIERCE REFSNES, INC.
022 B000010 N/A
022 C000010 935
022 D000010 0
023 C000000 10823
023 D000000 4797
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 549
028 A020000 256
028 A030000 0
028 A040000 572
028 B010000 345
028 B020000 119
028 B030000 0
028 B040000 68
028 C010000 442
028 C020000 0
028 C030000 0
028 C040000 104
028 D010000 497
028 D020000 62
028 D030000 0
028 D040000 126
028 E010000 464
028 E020000 127
028 E030000 0
028 E040000 25
028 F010000 967
028 F020000 66
028 F030000 0
028 F040000 127
028 G010000 3264
028 G020000 630
028 G030000 0
028 G040000 1022
028 H000000 884
029 000000 Y
030 A000000 43
030 B000000 4.50
030 C000000 0.00
031 A000000 0
031 B000000 0
<PAGE> PAGE 4
032 000000 0
033 000000 43
034 000000 Y
035 000000 25
036 A000000 Y
036 B000000 0
037 000000 N
038 000000 0
039 000000 Y
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 93
044 000000 0
045 000000 Y
046 000000 N
047 000000 Y
048 000000 0.300
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
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
055 A000000 Y
055 B000000 N
056 000000 N
057 000000 N
<PAGE> PAGE 5
058 A000000 N
059 000000 Y
060 A000000 N
060 B000000 N
061 000000 1000
062 A000000 Y
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
062 E000000 3.3
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 1.5
062 M000000 0.0
062 N000000 0.0
062 O000000 95.2
062 P000000 0.0
062 Q000000 0.0
062 R000000 0.0
063 A000000 0
063 B000000 22.4
064 A000000 Y
064 B000000 N
066 A000000 N
067 000000 N
068 A000000 N
068 B000000 N
069 000000 N
070 A010000 Y
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
070 F020000 N
070 G010000 Y
070 G020000 N
070 H010000 N
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 N
<PAGE> PAGE 6
070 J020000 N
070 K010000 N
070 K020000 N
070 L010000 N
070 L020000 N
070 M010000 N
070 M020000 N
070 N010000 Y
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 12604
071 B000000 7495
071 C000000 20320
071 D000000 37
072 A000000 12
072 B000000 1235
072 C000000 0
072 D000000 0
072 E000000 0
072 F000000 63
072 G000000 42
072 H000000 0
072 I000000 21
072 J000000 3
072 K000000 0
072 L000000 34
072 M000000 35
072 N000000 5
072 O000000 0
072 P000000 0
072 Q000000 0
072 R000000 26
072 S000000 20
072 T000000 93
072 U000000 7
072 V000000 0
072 W000000 10
072 X000000 359
072 Y000000 158
072 Z000000 1034
072AA000000 80
072BB000000 0
072CC010000 228
072CC020000 0
<PAGE> PAGE 7
072DD010000 466
072DD020000 575
072EE000000 315
073 A010000 0.5400
073 A020000 0.9720
073 B000000 0.1532
073 C000000 0.0000
074 A000000 41
074 B000000 0
074 C000000 800
074 D000000 22711
074 E000000 0
074 F000000 0
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 209
074 K000000 53
074 L000000 560
074 M000000 14
074 N000000 24388
074 O000000 492
074 P000000 4
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 26
074 S000000 0
074 T000000 23866
074 U010000 952
074 U020000 1374
074 V010000 10.27
074 V020000 10.27
074 W000000 0.0000
074 X000000 666
074 Y000000 1990
075 A000000 0
075 B000000 21041
076 000000 0.00
077 A000000 N
078 000000 N
080 A000000 ICI MUTUAL INSURANCE CO.
080 C000000 78275
081 A000000 Y
081 B000000 127
082 A000000 N
082 B000000 0
083 A000000 N
083 B000000 0
084 A000000 N
<PAGE> PAGE 8
084 B000000 0
085 A000000 Y
085 B000000 N
SIGNATURE THOMAS M. REYNOLDS
TITLE CONTROLLER
[ARTICLE] 6
[CIK] 0000920058
[NAME] SMITH BARNEY OREGON MUNICIPALS FUND, CLASS A
<TABLE>
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] APR-30-1997
[PERIOD-END] APR-30-1997
[INVESTMENTS-AT-COST] 23,035,580
[INVESTMENTS-AT-VALUE] 23,511,348
[RECEIVABLES] 822,540
[ASSETS-OTHER] 13,544
[OTHER-ITEMS-ASSETS] 40,805
[TOTAL-ASSETS] 24,388,237
[PAYABLE-FOR-SECURITIES] 491,747
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 30,456
[TOTAL-LIABILITIES] 522,203
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 23,397,699
[SHARES-COMMON-STOCK] 951,505
[SHARES-COMMON-PRIOR] 733,200
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] (7,433)
[ACCUMULATED-NET-GAINS] 0
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 475,768
[NET-ASSETS] 23,866,034
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 1,234,724
[OTHER-INCOME] 0
[EXPENSES-NET] 200,855
[NET-INVESTMENT-INCOME] 1,033,869
[REALIZED-GAINS-CURRENT] 79,876
[APPREC-INCREASE-CURRENT] 228,129
[NET-CHANGE-FROM-OPS] 1,341,874
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 466,477
[DISTRIBUTIONS-OF-GAINS] 166,580
[DISTRIBUTIONS-OTHER] 19,326
[NUMBER-OF-SHARES-SOLD] 2,454,025
[NUMBER-OF-SHARES-REDEEMED] 617,925
[SHARES-REINVESTED] 413,807
[NET-CHANGE-IN-ASSETS] 5,871,110
[ACCUMULATED-NII-PRIOR] 6,694
[ACCUMULATED-GAINS-PRIOR] (24)
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 105,207
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 359,228
[AVERAGE-NET-ASSETS] 8,912,057
[PER-SHARE-NAV-BEGIN] 10.26
[PER-SHARE-NII] 00.54
[PER-SHARE-GAIN-APPREC] 00.16
[PER-SHARE-DIVIDEND] 00.54
[PER-SHARE-DISTRIBUTIONS] 00.15
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 10.27
[EXPENSE-RATIO] 00.65
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000920058
[NAME] SMITH BARNEY OREGON MUNICIPALS FUND, CLASS B
<TABLE>
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] APR-30-1997
[PERIOD-END] APR-30-1997
[INVESTMENTS-AT-COST] 23,035,580
[INVESTMENTS-AT-VALUE] 23,511,348
[RECEIVABLES] 822,540
[ASSETS-OTHER] 13,544
[OTHER-ITEMS-ASSETS] 40,805
[TOTAL-ASSETS] 24,388,237
[PAYABLE-FOR-SECURITIES] 491,747
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 30,456
[TOTAL-LIABILITIES] 522,203
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 23,397,699
[SHARES-COMMON-STOCK] 1,285,364
[SHARES-COMMON-PRIOR] 962,062
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] (7,433)
[ACCUMULATED-NET-GAINS] 0
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 475,768
[NET-ASSETS] 23,866,034
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 1,234,724
[OTHER-INCOME] 0
[EXPENSES-NET] 200,855
[NET-INVESTMENT-INCOME] 1,033,869
[REALIZED-GAINS-CURRENT] 79,876
[APPREC-INCREASE-CURRENT] 228,129
[NET-CHANGE-FROM-OPS] 1,341,874
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 539,524
[DISTRIBUTIONS-OF-GAINS] 142,930
[DISTRIBUTIONS-OTHER] 24,664
[NUMBER-OF-SHARES-SOLD] 4,304,476
[NUMBER-OF-SHARES-REDEEMED] 1,494,579
[SHARES-REINVESTED] 523,371
[NET-CHANGE-IN-ASSETS] 5,871,110
[ACCUMULATED-NII-PRIOR] 6,694
[ACCUMULATED-GAINS-PRIOR] (24)
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 105,207
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 359,228
[AVERAGE-NET-ASSETS] 11,373,377
[PER-SHARE-NAV-BEGIN] 10.25
[PER-SHARE-NII] 00.48
[PER-SHARE-GAIN-APPREC] 00.17
[PER-SHARE-DIVIDEND] 00.49
[PER-SHARE-DISTRIBUTIONS] 00.15
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 10.26
[EXPENSE-RATIO] 01.17
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000920058
[NAME] SMITH BARNEY OREGON MUNICIPALS FUND, CLASS C
<TABLE>
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] APR-30-1997
[PERIOD-END] APR-30-1997
[INVESTMENTS-AT-COST] 23,035,580
[INVESTMENTS-AT-VALUE] 23,511,348
[RECEIVABLES] 822,540
[ASSETS-OTHER] 13,544
[OTHER-ITEMS-ASSETS] 40,805
[TOTAL-ASSETS] 24,388,237
[PAYABLE-FOR-SECURITIES] 491,747
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 30,456
[TOTAL-LIABILITIES] 522,203
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 23,397,699
[SHARES-COMMON-STOCK] 88,937
[SHARES-COMMON-PRIOR] 59,822
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] (7,433)
[ACCUMULATED-NET-GAINS] 0
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 475,768
[NET-ASSETS] 23,866,034
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 1,234,724
[OTHER-INCOME] 0
[EXPENSES-NET] 200,855
[NET-INVESTMENT-INCOME] 1,033,869
[REALIZED-GAINS-CURRENT] 79,876
[APPREC-INCREASE-CURRENT] 228,129
[NET-CHANGE-FROM-OPS] 1,341,874
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 35,562
[DISTRIBUTIONS-OF-GAINS] 9,452
[DISTRIBUTIONS-OTHER] 1,639
[NUMBER-OF-SHARES-SOLD] 312,443
[NUMBER-OF-SHARES-REDEEMED] 46,056
[SHARES-REINVESTED] 35,828
[NET-CHANGE-IN-ASSETS] 5,871,110
[ACCUMULATED-NII-PRIOR] 6,694
[ACCUMULATED-GAINS-PRIOR] (24)
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 105,207
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 359,228
[AVERAGE-NET-ASSETS] 756,009
[PER-SHARE-NAV-BEGIN] 10.26
[PER-SHARE-NII] 00.47
[PER-SHARE-GAIN-APPREC] 00.17
[PER-SHARE-DIVIDEND] 00.48
[PER-SHARE-DISTRIBUTIONS] 00.15
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 10.27
[EXPENSE-RATIO] 01.21
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>