<PAGE>                                  
                                    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, 1996

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:

                      Statements of Financial Condition
                      at September 30, 1996 and December 31,
                      1995                                              3

                      Statements of Income  and Expenses
                      and Partners' Capital for the Three
                      and Nine Months ended September 30,
                      1996 and 1995                                     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
                        STATEMENTS OF FINANCIAL CONDITION


                                                     SEPTEMBER 30,  DECEMBER 31,
                                                         1996           1995
                                                     -------------  ------------
                                                      (Unaudited)
ASSETS

Equity in commodity futures trading account:
  Cash and cash equivalents                            $ 2,080,613   $ 2,527,638
  Net unrealized appreciation
   on open futures contracts
  Zero Coupons, $6,850,000 and $9,473,000                  194,498       440,322
   principal amount in 1996 and 1995, respectively,
   due May 15, 1999, at market value
    (amortized cost $5,941,142 and $7,888,830,
    respectively)                                        5,827,638     7,939,605
Commodity options owned, at market value
    (cost $670 )                                                 -           690

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

                                                         8,102,749    10,908,255

Receivable from SB on sale of Zero Coupons               1,576,679       580,941
Interest receivable                                          6,733         9,187
Deferred organization expense                                    -         7,521

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

                                                       $ 9,686,161   $11,505,904

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

LIABILITIES AND PARTNERS' CAPITAL

Liabilities:

 Accrued expenses:
  Commissions                                          $    19,977   $    24,150
  Management fees                                            4,667         5,642
  Other                                                     32,221        26,090
  Organization expense                                           -        16,708
  Commodity options written, at market value
    (premiums recieved $300)                                     -           320
   Redemptions payable                                   2,051,099       780,417

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

                                                         2,107,964       853,327

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

Partners' Capital
General Partner, 103 Unit equivalents
  outstanding in 1996 and 1995                             113,950       115,825
Limited Partners, 6,747 and
  9,370 Units of Limited Partnership
  Interest outstanding in 1996 and 1995,
  respectively                                           7,464,247    10,536,752

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

                                                         7,578,197    10,652,577

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

                                                       $ 9,686,161   $11,505,904

                                                       ===========   ===========
See Notes to Financial statements 



                                      3

<PAGE>



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


<TABLE>
<CAPTION>

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

                                                                1996            1995            1996             1995
 
                                                          --------------  -------------    ------------    -----------
<S>                                                             <C>            <C>               <C>            <C>

Income:
  Net gains (losses) on trading of commodity futures:
  Realized gains  on closed positions                      $  (190,844)   $   (583,192)   $    213,996    $    801,436
  Change in unrealized  gains/(losses) on open positions        15,521        (269,837)       (245,824)       (422,925)

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

                                                              (175,323)       (853,029)        (31,828)        378,511
Less, brokerage commissions and clearing fees
($2,571, $4,036, $7,114 and $11,123, respectively)
                                                               (66,307)        (86,517)       (208,188)       (296,316)

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

Net realized and unrealized losses                            (241,630)       (939,546)       (240,016)         82,195
Loss on Sale of Zero Coupon Bonds                              (31,304)         (5,973)        (44,357)        (98,570)
Unrealized appreciation (depreciation) on Zero Coupons          57,790          (6,661)       (164,279)        798,872
Interest income                                                123,882         150,533         383,491         482,938

                                                           -----------    ------------    ------------    ------------
                                                               (91,262)       (801,647)        (65,161)      1,265,435

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

  Management fees                                               13,820          17,190          43,499          61,034
  Other                                                         14,711          14,261          41,859          40,364
  Organization expense                                               -          33,190           7,521         113,150
  Incentive fees                                                     -               -          20,099         151,220

                                                           -----------    ------------    ------------    ------------
                                                                28,531          64,641         112,978         365,768

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

  Net income (loss)                                           (119,793)       (866,288)       (178,139)        899,667
  Redemptions                                               (2,051,099)       (394,577)     (2,896,241)     (2,606,046)

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

  Net  decrease in Partners' capital                        (2,170,892)     (1,260,865)     (3,074,380)     (1,706,379)

Partners' capital, beginning of period                       9,749,089      12,073,995      10,652,577      12,519,509

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

Partners' capital, end of period                           $ 7,578,197    $ 10,813,130    $  7,578,197    $ 10,813,130

                                                           ===========    ============    ============    ============
Net Asset Value per Unit
  (6,850 and 10,167 Units outstanding at
  September 30, 1996 and 1995)                             $  1,106.31    $   1,063.55    $   1,106.31    $   1,063.55

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

Net income (loss) per Unit of Limited Partnership
  Interest and General Partnership Unit equivalent         $    (13.76)   $     (82.21)   $     (18.21)   $      67.41

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

See Notes to Financial Statements.


                                      4

<PAGE>



                      F-1000 FUTURES FUND L.P., SERIES IX
                         NOTES TO FINANCIAL STATEMENTS
                              September 30, 1996
                                  (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 commodity  interests,  including forward
contracts  on  foreign  currencies,  commodity  options  and  commodity  futures
contracts,  including  futures  contracts on U.S.  Treasuries  and certain other
financial  instruments,  foreign  currencies  and stock  indices.  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 initial 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, 1996 and the results of its  operations for the three
and nine months ended September 30, 1996 and 1995.  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, 1995.
    
     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, 1996 and 1995 were as follows:

                                 THREE-MONTHS ENDED         NINE-MONTHS ENDED
                                   SEPTEMBER 30,              SEPTEMBER 30,
                                   1996       1995           1996        1995

Net realized and unrealized
 losses                        $  (27.76)   $  (89.16)   $  (25.95)       (3.45)
Realized and unrealized
 gains (losses) on Zero
 Coupons                            3.04        (1.20)      (22.01)       59.94
Interest income                    14.23        14.28        42.12        42.60
Expenses                           (3.27)       (6.13)      (12.37)      (31.68)
                               ---------    ---------    ---------    ---------

Decrease for period               (13.76)      (82.21)      (18.21)       67.41

Net Asset Value per Unit,
 beginning of period            1,120.07     1,145.76     1,124.52       996.14
                               ---------    ---------    ---------    ---------

Net Asset Value per
 Unit,end of period            $1,106.31    $1,063.55    $1,106.31    $1,063.55
                               =========    =========    =========    =========


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
activities are shown in the statements 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, 1996 was $194,498 and the average fair value during
the nine months then ended, based on monthly calculation was $176,672.



                                         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.

     The  notional  or  contractual  amounts  of these  instruments,  while  not
recorded in the financial statements, reflect the extent of the

                                         7

<PAGE>



Partnership's  involvement  in these  instruments.  At September  30, 1996,  the
notional or contractual amounts of the Partnership's  commitment to purchase and
sell these instruments was $22,326,735 and $8,976,296, respectively, as detailed
below. All of these instruments mature within one year of September 30, 1996 and
are exchange traded contracts.  However,  due to the nature of the Partnership's
business,  these instruments may not be held to maturity. At September 30, 1996,
the Partnership had net unrealized trading gains of $194,498 as detailed below.


                                     NOTIONAL OR CONTRACTUAL            NET
                                       AMOUNT OF COMMITMENTS         UNREALIZED
                                     TO PURCHASE     TO SELL         GAIN/(LOSS)

Currencies                           $   798,197      $2,817,562      $  25,914
Energy                                 1,152,256               -          4,863
Interest Rates US                     18,559,305       1,840,700         86,284
Grain                                     25,870         928,182         24,312
Sugar                                          -          72,990           (112)
Livestock                                344,100               -           (300)
Indices                                1,221,928               -          3,048
Metals                                   225,079       3,316,862         50,489
                                     -----------      ----------      ---------

Totals                               $22,326,735      $8,976,296      $ 194,498
                                     ===========      ==========      =========





                                        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 1996.

     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, 1996, Partnership capital decreased
28.9% from  $10,652,577 to  $7,578,197.  This decrease was  attributable  to the
redemption of 2,623 Units  resulting in an outflow of $2,896,241  and a net loss
from  operations  of $178,139  during the nine months ended  September 30, 1996.
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 1996,  the net asset value per
Unit decreased 1.2% from $1,120.07 to $1,106.31 as compared to the third quarter
of 1995 in which the net asset value per Unit decreased  7.2%.  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 commodity
futures in  agricultural  products,  indices and  currencies  and were partially
offset by gains in interest rates,  energy products and metals.  The Partnership
experienced  a net trading  loss before  commissions  and  expenses in the third
quarter of 1995 of $853,029.  Losses were  recognized in the trading of interest
rates, energy products, currencies, indices, agricultural products 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  correctly  those price trends.  Price trends are  influenced by, among
other things, changing supply and demand relationships,

                                      9

<PAGE>



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 at 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,  1996  decreased  by  $26,651  and  $99,447,
respectively,  as compared to the corresponding periods in 1995. The decrease in
interest   income  is  primarily  due  to  the  effect  of  redemptions  on  the
Partnership's  Zero  Coupons  and equity  maintained  in cash in  addition  to a
decrease in interest rates in 1996 as compared to 1995.

     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,  1996  decreased  by  $20,210  and  $88,128,
respectively, as compared to the corresponding periods in 1995.

     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, 1996 decreased by $3,370 and $17,535,  respectively as compared to
the corresponding periods in 1995.

     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, 1996 and September 30, 1995 resulted in incentive  fees of $20,099
and $151,220, respectively.


                                      10

<PAGE>



                           PART II OTHER INFORMATION

Item 1.     Legal Proceedings - None

Item 2.     Changes in Securities - 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:     11/11/96

     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:     11/11/96



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

Date:     11/11/96


                                      12

<PAGE>