Pricing Supplement No Euro D174      Dated 1/4/96          Rule 424(b)(3)
(To Prospectus dated October 12, 1994 and                  File No. 33-54929
Prospectus Supplement dated October 12, 1994)                    and 33-51269
                                This Pricing Supplement consists of 3 page(s)
SALOMON INC
Medium-Term Notes, Series D
(Bearer Notes)
Due More Than Nine Months from Date of Issue
Principal Amount or Face Amount:  Yen 500,000,000
Issue Price:     100.0000000000%
Proceeds to Company on original issuance:  Yen 498,750,000
Commission or Discount on original issuance:  Yen 1,250,000
Salomon Brothers International Limited's capacity on original issuance:
       | |  As agent      |X|  As principal
    If as principal                                    
       |X|  The Bearer Notes are being offered at varying prices related
            to prevailing market prices at the time of resale.
       | |  The Bearer Notes are being offered at a fixed initial public
            offering price of  % of Principal Amount or Face Amount.
Original Issue Date:  1/10/96
Stated Maturity:  3/29/99
Specified Currency:  Yen
    (If other than U.S. Dollars)
Authorized Denominations:  Yen 100,000,000
    (If other than as set forth in the Prospectus Supplement)
Interest Payment Dates:  3/29 & 9/29.  First coupon pays 3/29/96.
    Accrue to Pay:  |X| Yes  | | No
Indexed Principal Note:   | |  Yes (See Attached)   |X|  No
Type of Interest on Note: | | Fixed Rate   |X| Floating Rate   | | Indexed Rate
                                                                  (See Attached)
Interest Rate (Fixed Rate Notes):            
Initial Interest Rate (Floating Rate Notes):  1.20% from 1/10/96 to but not 
  including 3/29/96.  Two multiplied by the 6 month Yen Libor rate thereafter.
    Base Rate: | | CD Rate | | Commercial Paper Rate  | | Federal Funds Rate 
           |X| LIBOR Telerate   | | LIBOR Reuters | | Treasury Rate 
           | | Treasury Rate Constant Maturity    | | Other (See Attached)
Calculation Agent (If other than Citibank):   | | Salomon Brothers
                                              | | Other  (See Attached)
Computation of Interest:  | | 30 over 360       | | Actual over Actual
                          |X| Actual over 360   | | Other (See Attached)
    (If other than as set forth in the Prospectus Supplement)
Interest Reset Dates:  On interest payment dates.
Rate Determination Dates:  2 business days prior to interest payment dates.
    (If other than as set forth in the Prospectus Supplement)
Index Maturity:  6 month
Spread (+/-):    0
Spread Multiplier: 
Change in Spread, Spread Multiplier or Fixed Interest Rate prior to 
    Stated Maturity:   | | Yes (See Attached)  |X| No
Maximum Interest Rate:  2.00 from 3/29/96 to but not including 3/29/97
                        2.25 from 3/29/97 to but not including 3/29/98
                        2.50 from 3/29/98 to but not including 3/29/99
Minimum Interest Rate:  n/a
Amortizing Note:   | |  Yes  (See Attached)   |X|  No
Optional Redemption:   | |  Yes   |X|  No
   Optional Redemption Dates:  
   Redemption Prices:  
   Redemption: | | In whole only and not in part | | May be in whole or in part
Optional Repayment:       | |  Yes     |X|  No
        Optional Repayment Dates:  
        Optional Repayment Prices:  
Discount Note:   | |  Yes   |X|  No
        Total Amount of OID:     
        Yield to Maturity:     
Listed on Luxembourg Stock Exchange:  | | Yes     |X| No

Pricing Supplement No. Euro D 174 dated January 4, 1995
(to Prospectus Supplement dated October 12, 1994
to Prospectus dated October 12, 1994)

               DESCRIPTION OF THE NOTE

General

          The description in this Pricing Supplement of the
particular terms of the Bearer Note offered hereby (the "Note")
supplements, and to the extent inconsistent therewith replaces,
the descriptions of the general terms and provisions of the
Bearer Notes set forth in the accompanying Prospectus and
Prospectus Supplement, to which descriptions reference is hereby
made.

          "6 Month JPY LIBOR", with respect to any Interest Reset
Date, means the rate for deposits in Japanese Yen for a period of
six months which appears on the Telerate Page 3750 (or any
successor page thereto) at 11:00 a.m. London Time on the second
preceding Business Day.  However, if the rate described in the
preceding sentence does not appear on any such second preceding
Business Day, 6 Month JPY LIBOR shall be the rate determined on
the basis of the rates at which deposits in Japanese Yen are
offered by the "Reference Banks" (as defined below) at
approximately 11:00 a.m., London Time on the relevant Business
Day to prime banks in the London market for a period of 6 months
commencing on the relevant Interest Reset Date and in a
"Representative Amount" (as defined below).  The Calculation
Agent will request the principal office of each of the Reference
Banks to provide a quotation of its rate.  If at least two such
quotations are provided, 6 Month JPY LIBOR will be the arithmetic
mean of the quotations.  If fewer than two quotations are
provided as requested, 6 Month JPY LIBOR will be the arithmetic
mean of the rates quoted by major banks in New York City,
selected by the Calculation Agent, at approximately 11:00 a.m.
New York City time on any day for loans in Japanese Yen to
leading European banks for a period of six months commencing on
the relevant Interest Reset Date and in a Representative Amount. 

          6 Month JPY LIBOR with respect to any day during an
Interest Determination Period means the rate for deposits in
Japanese Yen for a period of six months which appears on the
Telerate Page 3750 (or any successor page thereto) at 11:00 a.m.
London Time on such day, if it is a Business Day.  If such day is
not a Business Day, 6 Month JPY LIBOR shall mean the rate for
deposits in Japanese Yen for a period of six months which
appeared on the Telerate Page 3750 (or any successor page
thereto) at 11:00 a.m. London Time on the first preceding
Business Day.  However, if the rate described in the preceding
two sentences does not appear on any such Business Day or first
preceding Business Day, 6 Month JPY LIBOR shall be the rate
determined on the basis of the rates at which deposits in
Japanese Yen are offered by the "Reference Banks" (as defined
below) at approximately 11:00 a.m., London Time on the relevant
Business Day to prime banks in the London market for a period of
6 months commencing on the relevant Interest Reset Date and in a
"Representative Amount" (as defined below).  The Calculation
Agent will request the principal office of each of the Reference
Banks to provide a quotation of its rate.  If at least two such
quotations are provided, 6 Month JPY LIBOR will be the arithmetic
mean of the quotations.  If fewer than two quotations are
provided as requested, 6 Month JPY LIBOR will be the arithmetic
mean of the rates quoted by major banks in New York City,
selected by the Calculation Agent, at approximately 11:00 a.m.
New York City time on any day for loans in Japanese Yen to
leading European banks for a period of six months commencing on
the relevant Interest Reset Date and in a Representative Amount. 

          "Representative Amount" means an amount that is
representative of a single transaction in the relevant market at
the specified time.  
       
         "Reference Banks" means four major banks in the London,
England interbank market.


Pricing Supplement No. Euro D 174 dated January 4, 1995
(to Prospectus Supplement dated October 12, 1994
to Prospectus dated October 12, 1994)



                        DESCRIPTION OF JAPANESE YEN

                The yen is the national currency of Japan.  Japanese bank 
notes are issued by The Bank of Japan, which was established in 1882 and is 
Japan's central bank and the sole bank of issue.  On January 4, 1996, the 
noon buying rate for cable transfers in New York City payable in yen, as 
reported by the Federal Reserve Bank of New York, was Yen 106.41 = $1.00.

                The exchange rate between the yen and the dollar is, at any 
moment, a result of the supply of and the demand for the two currencies, and 
changes in such exchange rate result over time from the interaction of many 
factors directly or indirectly affecting economic conditions in Japan and in 
the United States, including economic and political developments in other 
countries.  Of particular importance are rates of inflation, interest rate 
levels, the balance of payments (both on capital and current account) and the 
extent of governmental surpluses or deficits in Japan and in the United 
States, all of which are in turn sensitive to the monetary, fiscal and trade 
policies pursued by the governments of Japan, the United States and other 
countries prominent in international trade and finance.  In recent years, 
rates of exchange between the U.S. dollar and the Japanese yen have been 
highly volatile.