Pricing Supplement No.  714      Dated  2/15/94                Rule 424(b)(3)
(To Prospectus dated December 14, 1993 and                 File No. 33-51269,
Prospectus Supplement dated December 14, 1993)          33-57922 and 33-49136
SALOMON INC
Medium-Term Notes, Series D
(Registered Notes - Fixed Rate)
Due More Than Nine Months from Date of Issue
Principal Amount or Face Amount:     $2,000,000.00
Issue Price:      99.7960000000%
Proceeds to Company on original issuance:     $1,989,920.00
Commission or Discount on original issuance:     $6,000.00
Salomon Brothers Inc.'s capacity on original issuance:   | |  As agent
                                                         |X|  As principal
    If as principal:
       |X|  The Registered Notes are being offered at varying prices related
            to prevailing market prices at the time of resale.
       | |  The Registered Notes are being offered at a fixed initial public
            offering price of  % of Principal Amount or Face Amount.
Original Issue Date:     2/23/94
Stated Maturity:     2/23/98
Specified Currency:   
    (If other than U.S. Dollars)
Authorized Denominations:
    (If other than as set forth in the Prospectus Supplement)
Interest Payment Dates:    3/15 & 9/15. 1st cpn 3/15/94.
    (If other than as set forth in the Prospectus Supplement)
Indexed Principal Note:   | |  Yes (see attached)   |X|  No
Interest Rate:    5.7000000%
Interest Rate Reset:  |X|  The Interest Rate may not be changed prior to Stated
                            Maturity.
                      | |  The Interest Rate may be changed prior to Stated
                           Maturity (see attached).
Optional Reset Dates (if applicable):   
Amortizing Note:   | |  Yes   |X|  No
    Amortization Schedule:  
Optional Redemption:   | |  Yes   |X|  No
    Optional Redemption Dates:  
    Redemption Prices:  
Optional Repayment:       | |  Yes     |X|  No
        Optional Repayment Dates:  
        Optional Repayment Prices:  
Optional Extension of Stated Maturity:  | |  Yes   |X|  No
        Final Maturity:    
Discount Note:   | |  Yes   |X|  No
        Total Amount of OID:     
        Yield to Maturity: