FORM 10-Q

                      SECURITIES AND EXCHANGE COMMISSION

                            WASHINGTON, D.C. 20549

                (X) QUARTERLY REPORT UNDER SECTION 13 or 15(d)

                    OF THE SECURITIES EXCHANGE ACT OF 1934

              OR ( ) TRANSITION REPORT UNDER SECTION 13 or 15(d)

                    OF THE SECURITIES EXCHANGE ACT OF 1934

For the Quarter ended September 30, 1997

Commission File Number 0-21586


                       F-1000 FUTURES FUND L.P., SERIES IX
             (Exact name of registrant as specified in its charter)

      New York                                13-3678327
(State or other jurisdiction of           (I.R.S. Employer
 incorporation or organization)            Identification No.)



                   c/o Smith Barney Futures Management Inc.
                          390 Greenwich St. - 1st Fl.
                    New York, New York 10013
             (Address and Zip Code of principal executive offices)


                                (212) 723-5424
             (Registrant's telephone number, including area code)



Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding 12 months (or for such  shorter  period that the  registrant  was
required  to file  such  reports),  and  (2) has  been  subject  to such  filing
requirements for the past 90 days.
                              Yes   X    No


<PAGE>



                       F-1000 FUTURES FUND L.P., SERIES IX
                                   FORM 10-Q
                                     INDEX

                                                                       Page
                                                                      Number

PART I - Financial Information:

            Item 1.   Financial Statements:

                      Statement of Financial Condition
                      at September 30, 1997 and December 31,
                      1996                                              3

                      Statement of Income  and Expenses
                      and Partners' Capital for the Three
                      and nine months ended September 30,
                      1997 and 1996                                     4

                      Notes to Financial Statements                   5 - 8

            Item 2.   Management's Discussion and Analysis
                      of Financial Condition and Results of
                      Operations                                      9 - 10

PART II - Other Information                                             11


                                      2

<PAGE>

                                     PART I

                          Item 1. Financial Statements


                       F-1000 FUTURES FUND L.P., SERIES IX
                        STATEMENT OF FINANCIAL CONDITION

<TABLE>
<CAPTION>

                                                     September 30,              December 31,
                                                          1997                      1996
                                                    -----------------        -------------------
                                                      (Unaudited)
<S>                                                       <C>                         <C>  
ASSETS:

Equity in commodity futures trading account:
  Cash and cash equivalents                              $ 2,034,960                $ 1,956,801
  Net unrealized appreciation
   on open futures contracts                                 112,133                    107,664
  Zero Coupons, $5,927,000 and $6,663,000
   principal amount in 1997 and 1996, respectively,
   due May 15, 1999, at market value
    (amortized cost $5,426,643 and $5,858,376,
    in 1997 and 1996, respectively)                        5,400,267                  5,795,477
Commodity options owned, at market value
    (cost $0 and $960 in 1997 and 1996, respectively)              -                        660
                                                    -----------------        -------------------

                                                           7,547,360                  7,860,602

Receivable from SB on sale of Zero Coupons                   215,112                    162,690
Interest receivable                                            6,460                      6,862
                                                    -----------------        -------------------
                                                         $ 7,768,932                $ 8,030,154
                                                    =================        ===================



LIABILITIES AND PARTNERS' CAPITAL:

Liabilities:

 Accrued expenses:
  Commissions                                               $ 19,068                   $ 18,484
  Management fees                                              4,455                      4,318
  Other                                                       29,563                     31,916
  Commodity options written, at market value
    (premiums received $0 and $800 in 1997
    and 1996, respectively)                                        -                        972
  Redemption payable                                         295,463                    217,698
                                                    -----------------        -------------------
                                                             348,549                    273,388
                                                    -----------------        -------------------


Partners' Capital:
General Partner, 128 and 103 Unit equivalents
  outstanding in 1997 and 1996, respectively                 160,251                    119,908
Limited Partners, 5,799 and 6,560 Units
   of Limited Partnership Interest
  outstanding in 1997 and 1996, respectively               7,260,132                  7,636,858
                                                    -----------------        -------------------
                                                           7,420,383                  7,756,766
                                                    -----------------        -------------------
                                                         $ 7,768,932                $ 8,030,154
                                                    =================        ===================
</TABLE>

See Notes to Financial statements.
                                        3


<PAGE>



                       F-1000 FUTURES FUND L.P., SERIES IX
             STATEMENT OF INCOME AND EXPENSES AND PARTNERS' CAPITAL
                                   (UNAUDITED)


<TABLE>
<CAPTION>

                                                                        THREE-MONTHS ENDED                 NINE-MONTHS ENDED
                                                                            SEPTEMBER 30,                    SEPTEMBER 30,

                                                                   -------------    -------------     -----------     --------------
                                                                         1997             1996              1997            1996

                                                                   -------------    -------------     -----------     --------------
<S>                                                                       <C>               <C>             <C>              <C>
Income:
  Net gains (losses) on trading of commodity futures:
  Realized gains (losses) on closed positions                       $    201,890     $   (190,844)    $    568,754     $    213,996
  Change in unrealized  gains/losses on open positions                    (5,031)          15,521            4,941         (245,824)

                                                                    ------------     ------------     ------------     ------------

                                                                         196,859         (175,323)         573,695          (31,828)
Less, brokerage commissions and clearing fees
($2,334, $2,571, $6,622 and $7,114, respectively)                        (65,344)         (66,307)        (198,102)        (208,188)

                                                                    ------------     ------------     ------------     ------------

Net realized and unrealized gains (losses)                               131,515         (241,630)         375,593         (240,016)
Loss on Sale of Zero Coupon Bonds                                           (970)         (31,304)          (7,825)         (44,357)
Unrealized appreciation (depreciation) on Zero Coupons                    31,618           57,790           36,523         (164,279)
Interest income                                                           97,032          123,882          294,474          383,491

                                                                    ------------     ------------     ------------     ------------
                                                                         259,195          (91,262)         698,765          (65,161)

                                                                    ------------     ------------     ------------     ------------
Expenses:

  Management fees                                                         13,773           13,820           41,804           43,499
  Other                                                                    9,626           14,711           34,789           41,859
  Incentive fees                                                              --               --           50,954           20,099
  Organization expense                                                        --               --               --            7,521

                                                                    ------------     ------------     ------------     ------------
                                                                          23,399           28,531          127,547          112,978

                                                                    ------------     ------------     ------------     ------------

  Net income (loss)                                                      235,796         (119,793)         571,218         (178,139)
  Redemptions                                                           (295,463)      (2,051,099)        (907,601)      (2,896,241)

                                                                    ------------     ------------     ------------     ------------

  Net  decrease in Partners' capital                                     (59,667)      (2,170,892)        (336,383)      (3,074,380)

Partners' capital, beginning of period                                 7,480,050        9,749,089        7,756,766       10,652,577

                                                                    ------------     ------------     ------------     ------------

Partners' capital, end of period                                    $  7,420,383     $  7,578,197     $  7,420,383     $  7,578,197

                                                                    ============     ============     ============     ============
Net Asset Value per Unit
  (5,927 and 6,850 Units outstanding at
  September 30, 1997 and 1996)                                      $   1,251.96     $   1,106.31     $   1,251.96     $   1,106.31

                                                                    ============     ============     ============     ============

Net income (loss) per Unit of Limited Partnership
  Interest and General Partnership Unit equivalent                  $      38.26     $     (13.76)    $      87.80     $     (18.21)

                                                                    ============     ============     ============     ============
</TABLE>

See Notes to Financial Statements.

                                      4

<PAGE>



                      F-1000 FUTURES FUND L.P., SERIES IX
                         NOTES TO FINANCIAL STATEMENTS
                              September 30, 1997
                                  (Unaudited)

1. General

        F-1000  Futures Fund L.P.,  Series IX (the  "Partnership")  is a limited
partnership organized under the laws of the State of New York on August 25, 1992
to engage in the  speculative  trading of a  diversified  portfolio of commodity
interests  including  futures  contracts,  options  and forward  contracts.  The
commodity  interests that are traded by the Partnership are volatile and involve
a high degree of market risk. The Partnership  maintains a portion of its assets
in interest  payments  stripped from U.S.  Treasury  Bonds under the  Treasury's
STRIPS program for which payments are due  approximately six years from the date
trading commenced ("Zero  Coupons").  The Partnership uses such Zero Coupons and
its other assets to margin its commodities  account.  The Partnership  commenced
trading operations on March 9, 1993.

     Smith  Barney  Futures  Management  Inc.  acts as the general  partner (the
"General Partner") of the Partnership. Smith Barney Inc. ("SB"), an affiliate of
the General Partner,  acts as commodity broker for the Partnership.  All trading
decisions are made for the Partnership by Trendview  Management,  Inc. and Rabar
Market Research, Inc. (collectively, the "Advisors").

 The accompanying  financial statements are unaudited but, in the opinion
of management,  include all  adjustments  (consisting  only of normal  recurring
adjustments)  necessary for a fair presentation of the  Partnership's  financial
condition at September 30, 1997 and the results of its  operations for the three
and nine months ended September 30, 1997 and 1996.  These  financial  statements
present  the  results of interim  periods  and do not  include  all  disclosures
normally  provided in annual  financial  statements.  It is suggested that these
financial  statements be read in conjunction  with the financial  statements and
notes  included in the  Partnership's  annual report on Form 10-K filed with the
Securities and Exchange Commission for the year ended December 31, 1996.

        Due to the nature of commodity  trading,  the results of operations  for
the interim periods presented should not be considered indicative of the results
that may be expected for the entire year.


                                      5

<PAGE>



                      F-1000 FUTURES FUND L.P., SERIES IX
                         NOTES TO FINANCIAL STATEMENTS
                                  (continued)




2. Net Asset Value Per Unit:

        Changes in net asset value per Unit for the three and nine months  ended
September 30, 1997 and 1996 were as follows:

                                  THREE-MONTHS ENDED           NINE-MONTHS ENDED
                                    SEPTEMBER 30,                SEPTEMBER 30,
                                   1997        1996             1997        1996

Net realized and unrealized
 gains (losses)                   $21.34      $(27.76)      $56.50      $(25.95)
Realized and unrealized
 gains (losses) on Zero
 Coupons                            4.97         3.04         4.94       (22.01)
Interest income                    15.74        14.23        45.95        42.12
Expenses                           (3.79)       (3.27)      (19.59)      (12.37)
                                 ---------    ---------    ---------     -------

Increase (decrease) for
 period                            38.26       (13.76)       87.80       (18.21)

Net Asset Value per Unit,
  beginning of period           1,213.70     1,120.07     1,164.16     1,124.52
                                ---------    ---------    ---------    --------


Net Asset Value per Unit,
  end of period                $1,251.96    $1,106.31    $1,251.96     $1,106.31
                               =========    =========    =========     =========


3. Trading Activities:

            The Partnership was formed for the purpose of trading contracts in a
variety of commodity interests,  including derivative financial  instruments and
derivative  commodity  instruments.  The  results of the  Partnership's  trading
activity are shown in the statement of income and expenses.

            The  Customer  Agreement  between the  Partnership  and SB gives the
Partnership the legal right to net unrealized gains and losses.

            All of the commodity interests owned by the Partnership are held for
trading purposes. The fair value of these commodity interests, including options
thereon,  at  September  30, 1997 was $112,133 and the average fair value during
the nine months then ended, based on monthly calculation was $138,104.

                                      6

<PAGE>



4. Financial Instrument Risk:

            The Partnership is party to financial  instruments  with off-balance
sheet risk, including derivative financial  instruments and derivative commodity
instruments,  in the normal course of its business.  These financial instruments
include forwards,  futures and options,  whose value is based upon an underlying
asset,  index, or reference rate, and generally  represent future commitments to
exchange  currencies  or  cash  flows,  to  purchase  or  sell  other  financial
instruments  at specific  terms at specified  future  dates,  or, in the case of
derivative commodity instruments, to have a reasonable possibility to be settled
in cash or with another financial instrument. These instruments may be traded on
an  exchange  or over-the  counter  ("OTC").  Exchange  traded  instruments  are
standardized and include futures and certain option contracts. OTC contracts are
negotiated between contracting parties and include forwards and certain options.
Each of these  instruments  is subject to various risks similar to those related
to the underlying  financial  instruments  including  market and credit risk. In
general,  the  risks  associated  with OTC  contracts  are  greater  than  those
associated  with  exchange  traded  instruments  because of the greater  risk of
default by the counterparty to an OTC contract.

            Market  risk  is the  potential  for  changes  in the  value  of the
financial instruments traded by the Partnership due to market changes, including
interest and foreign  exchange rate movements and  fluctuations  in commodity or
security  prices.  Market  risk  is  directly  impacted  by the  volatility  and
liquidity in the markets in which the related underlying assets are traded.

            Credit  risk is the  possibility  that a loss may  occur  due to the
failure of a  counterparty  to  perform  according  to the terms of a  contract.
Credit risk with respect to exchange traded instruments is reduced to the extent
that  an  exchange  or  clearing  organization  acts  as a  counterparty  to the
transactions.  The  Partnership's  risk  of loss in the  event  of  counterparty
default is  typically  limited to the amounts  recognized  in the  statement  of
financial  condition and not represented by the contract or notional  amounts of
the  instruments.  The  Partnership  has  concentration  risk  because  the sole
counterparty or broker with respect to the Partnership's assets is SB.

            The General  Partner  monitors and controls the  Partnership's  risk
exposure  on a  daily  basis  through  financial,  credit  and  risk  management
monitoring systems and,  accordingly  believes that it has effective  procedures
for evaluating and limiting the credit and market risks to which the Partnership
is subject.  These monitoring systems allow the General Partner to statistically
analyze actual  trading  results with risk adjusted  performance  indicators and
correlation statistics. In addition,  on-line monitoring systems provide account
analysis  of  futures,   forwards  and  options  positions  by  sector,   margin
requirements, gain and loss transactions and collateral positions.

                                      7

<PAGE>




            The notional or contractual amounts of these instruments,  while not
recorded in the financial  statements,  reflect the extent of the  Partnership's
involvement  in these  instruments.  At  September  30,  1997,  the  notional or
contractual  amounts of the Partnership's  commitment to purchase and sell these
instruments was $23,191,496 and $7,377,312, respectively, as detailed below. All
of these  instruments  mature  within  one year of  September  30,  1997 and are
exchange traded  instruments.  However,  due to the nature of the  Partnership's
business,  these instruments may not be held to maturity. At September 30, 1997,
the fair value of the Partnership's derivatives,  including options thereon, was
$112,133 as detailed below.


                                    NOTIONAL OR CONTRACTUAL
                                     AMOUNT OF COMMITMENTS
                                   TO PURCHASE         TO SELL        FAIR VALUE

Currencies                          $   336,679     $ 2,206,114     $     9,627
Energy                                  801,983               0          (2,572)
Grains                                   14,190          72,888           1,095
Interest Rates Non-U.S               17,509,802       3,376,891          85,048
Interest Rates U.S.                   4,078,250               0           8,759
Livestock                                     0         472,460           2,990
Metals                                  440,129         458,651          (6,802)
Softs                                    10,463         482,426           1,555
Indices                                       0         307,882          12,433
                                    -----------     -----------     -----------

Totals                              $23,191,496     $ 7,377,312     $   112,133
                                    ===========     ===========     ===========


5.  Pending Merger:

         On September 24, 1997,  Travelers Group Inc.  ("Travelers") and Salomon
Inc  ("Salomon")  announced  an agreement  and plan of merger  pursuant to which
Salomon will become a wholly  owned  subsidiary  of  Travelers  and Smith Barney
Holdings  Inc., the parent company of Smith Barney Inc. and Smith Barney Futures
Management  Inc.,  will be merged into  Salomon  forming  Salomon  Smith  Barney
Holdings Inc. The transaction is expected to be completed by year-end 1997.


                                       8

<PAGE>



Item 2.            Management's Discussion and Analysis of Financial
                   Condition and Results of Operations.


Liquidity and Capital Resources

         The Partnership  does not engage in the sale of goods or services.  Its
only assets are its equity in its commodity futures trading account,  consisting
of  cash  and  cash  equivalents,  Zero  Coupons,  net  unrealized  appreciation
(depreciation)  on open  futures and forward  contracts,  commodity  options and
interest  receivable.  Because of the low margin deposits  normally  required in
commodity  futures  trading,  relatively  small  price  movements  may result in
substantial losses to the Partnership.  While substantial losses could lead to a
substantial  decrease in liquidity no such losses occurred in the  Partnership's
third quarter of 1997.

         The  Partnership's  capital  consists  of  capital  contributions,   as
increased or decreased by gains or losses on commodity  futures trading and Zero
Coupons,  expenses,  interest income,  redemptions of Units and distributions of
profits, if any.

         For the nine months  ended  September  30,  1997,  Partnership  capital
decreased 4.3% from $7,756,766 to $7,420,383.  This decrease was attributable to
the  redemption  of 736 Units  resulting  in an  outflow of  $907,601  which was
partially  offset by net income  from  operations  of  $571,218  during the nine
months ended  September 30, 1997.  Future  redemptions  can impact the amount of
funds  available for investments in commodity  contract  positions in subsequent
periods.

Results of Operations

         During the Partnership's third quarter of 1997, the net asset value per
Unit increased 3.2% from $1,213.70 to $1,251.96 as compared to the third quarter
of 1996 in which the net asset value per Unit decreased  1.2%.  The  Partnership
experienced  a net trading  gain before  commissions  and  expenses in the third
quarter of 1997 of $196,859. Gains were recognized in the trading of currencies,
U.S. and non U.S.  interest rates,  indices and metals and were partially offset
by losses in energy, grains,  livestock and softs. The Partnership experienced a
net trading loss before commissions and expenses in the third quarter of 1996 of
$175,323.  Losses were  recognized  in the trading of  currencies,  agricultural
products  and indices  and were  partially  offset by gains in energy  products,
interest rates and metals.

         Commodity futures markets are highly volatile. Broad price fluctuations
and rapid inflation increase the risks involved in commodity  trading,  but also
increase the possibility of profit. The profitability of the Partnership depends
on the  existence  of major  price  trends and the  ability of the  Advisors  to
identify

                                      9

<PAGE>



correctly  those price  trends.  Price  trends are  influenced  by,  among other
things,  changing  supply  and  demand  relationships,   weather,  governmental,
agricultural,   commercial  and  trade  programs  and  policies,   national  and
international  political and economic  events and changes in interest  rates. To
the extent that market trends exist and the Advisors are able to identify  them,
the Partnership expects to increase capital through operations.

  Interest income on 75% of the Partnership's daily average equity maintained in
cash was earned on the monthly  average 13-week U.S.  Treasury bill yield.  Also
included in interest  income is the  amortization  of original issue discount on
the Zero Coupons based on the interest method. Interest income for the three and
nine  months  ended  September  30,  1997  decreased  by  $26,850  and  $89,017,
respectively,  as compared to the corresponding periods in 1996. The decrease in
interest   income  is  primarily  due  to  the  effect  of  redemptions  on  the
Partnership's Zero Coupons and equity maintained in cash.

         Brokerage commissions are calculated on the adjusted net asset value on
the last day of each month and, therefore, vary according to trading performance
and  redemptions.  Accordingly,  they  must  be  compared  in  relation  to  the
fluctuations in the monthly net asset values.  Commissions and clearing fees for
the three  and nine  months  ended  September  30,  1997  decreased  by $963 and
$10,086, respectively, as compared to the corresponding periods in 1996.

         All trading  decisions for the  Partnership are currently being made by
the  Advisors.   Management   fees  are   calculated  as  a  percentage  of  the
Partnership's  net asset  value as of the end of each month and are  affected by
trading  performance  and  redemptions.  Management  fees for the three and nine
months ended  September 30, 1997 decreased by $47 and $1,695,  respectively,  as
compared to the corresponding periods in 1996.

         Incentive fees are based on the new trading  profits  generated by each
Advisor as defined in the  advisory  agreements  between  the  Partnership,  the
General Partner and each Advisor.  Trading performance for the nine months ended
September 30, 1997 and 1996  resulted in incentive  fees of $50,954 and $20,099,
respectively. No incentive fees were earned for the three months ended September
30, 1997 or 1996.

                                      10

<PAGE>



                           PART II OTHER INFORMATION

Item 1.     Legal Proceedings - None

Item 2.     Changes in Securities and Use of Proceeds - None

Item 3.     Defaults Upon Senior Securities - None

Item 4.     Submission of Matters to a Vote of Security Holders - None

Item 5.     Other Information - None

Item 6.     (a) Exhibits - None

            (b) Reports on Form 8-K - None



                                      11


<PAGE>


                                  SIGNATURES

     Pursuant  to the  requirements  of Section  13 or 15 (d) of the  Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.

F-1000 FUTURES FUND L.P., SERIES IX


By:   Smith Barney Futures Management Inc.
      (General Partner)


By:   /s/ David J. Vogel, President
      David J. Vogel, President

Date:      11/12/97

      Pursuant to the requirements of the Securities  Exchange Act of 1934, this
report  has  been  signed  below  by the  following  persons  on  behalf  of the
registrant and in the capacities and on the dates indicated.

By:   Smith Barney Futures Management Inc.
      (General Partner)


By:   /s/ David J. Vogel, President
      David J. Vogel, President


Date:     11/12/97



By:   /s/ Daniel A. Dantuono
      Daniel A. Dantuono
      Chief Financial Officer and
      Director

Date:     11/12/97


                                      12

<PAGE>