UNITED STATES

                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                    FORM 10-K

                  Annual Report Pursuant to Section 13 or 15(d)

                     of the Securities Exchange Act of 1934

                   For the fiscal year ended December 31, 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)

Securities registered pursuant to Section 12(b) of the Act:  None

Securities registered pursuant to Section 12(g) of the Act: 50,000 Units
                                                            of Limited
                                                            Partnership
                                                            Interest
                                                           (Title of Class)

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

Indicate by check mark if disclosure of delinquent  filers  pursuant to Item 405
of Regulation  S-K is not contained  herein,  and will not be contained,  to the
best of registrant's  knowledge,  in definitive proxy or information  statements
incorporated by reference in Part III of this Form 10-K or any amendment to this
form 10-K [ ]


<PAGE>



                                    PART I

Item 1. Business.

      (a) General  development of business.  F-1000 Futures Fund L.P., Series IX
(the "Partnership") is a limited partnership  organized on August 25, 1992 under
the  Partnership  Laws of the  State of New York.  The  Partnership  engages  in
speculative  trading of  commodity  interests,  including  forward  contracts on
foreign currencies,  commodity options and commodity futures contracts including
futures  contracts  on United  States  Treasuries  and certain  other  financial
instruments,  foreign currencies and stock indices. The Partnership  maintains a
portion of its assets in interest  payments  stripped from U.S.  Treasury  Bonds
under the Treasury's  STRIPS program ("Zero Coupons") which payments will be due
May 15,  1999.  The  Partnership  uses the Zero  Coupons and its other assets to
margin its commodities account.
      A total of 50,000 Units of Limited Partnership Interest in the Partnership
(the "Units") were offered to the public.  A Registration  Statement on Form S-1
relating to the public  offering of 50,000 units became  effective on August 25,
1992. Between November 24, 1992 and March 8, 1993, 23,755 Units were sold to the
public at $1,000 per Unit.  Proceeds  of the  offering  along  with the  General
Partners'  contribution  of $249,000  were held in escrow until March 9, 1993 at
which time an aggregate of $24,005,000  was turned over to the  Partnership  and
the Partnership  commenced trading  operations.  Redemptions for the years ended
December 31, 1996, 1995 and 1994 are reported in the Statement of Partners

                                      2

<PAGE>



Capital on page F-5 under "Item 8. Financial Statements and Supplementary Data."
      The  Partnership's  trading of futures contracts on commodities is done on
United  States and  foreign  commodity  exchanges.  It  engages in such  trading
through a commodity  brokerage  account  maintained  with its commodity  broker,
Smith Barney Inc. ("SB").
      Smith Barney  Futures  Management  Inc.  acts as the general  partner (the
"General  Partner")  of the  Partnership.  SB is an  affiliate  of  the  General
Partner.
      Under the Limited  Partnership  Agreement of the Partnership (the "Limited
Partnership  Agreement"),  the General  Partner  administers  the  business  and
affairs of the  Partnership.  As of  December  31,  1996 all  commodity  trading
decisions are made for the Partnership by Trendview  Management,  Inc. and Rabar
Market Research, Inc. (collectively, the "Advisors"). Neither of the Advisors is
affiliated  with the General Partner or SB. The Advisors are not responsible for
the organization or operation of the Partnership.
      Pursuant  to the  terms  of the  Management  Agreements  (the  "Management
Agreements"),  the  Partnership is obligated to pay each Advisor:  (i) a monthly
management fee equal to 1/6 of 1% of the Net Assets of the Partnership allocated
to each  Advisor as of the end of each month (2% per year) and (ii) an incentive
fee payable  quarterly,  equal to 20% of the New Trading  Profits (as defined in
the Management Agreements) of the Partnership.
      The Customer Agreement provides that the Partnership will pay

                                      3

<PAGE>



SB a monthly  brokerage fee equal to .71% of month-end  Net Assets  allocated to
the  Advisors  (8.5% per year) in lieu of brokerage  commissions  on a per trade
basis. SB will pay a portion of its brokerage fees to its financial  consultants
who have sold  Units  and who are  registered  as  associated  persons  with the
Commodity Futures Trading Commission (the "CFTC").  The Partnership will pay for
National Futures  Association  ("NFA") fees, exchange and clearing fees, give-up
and user fees and floor brokerage fees. Brokerage fees will be paid for the life
of the  Partnership,  although  the  rate at  which  such  fees  are paid may be
changed.  The  Customer  Agreement  between  the  Partnership  and SB gives  the
Partnership the legal right to net unrealized gains and losses.
      In addition,  SB will pay the  Partnership  interest on 75% of the average
daily  equity  maintained  in cash in its account  during each month at a 30-day
U.S.   Treasury  bill  rate  determined  weekly  by  SB  based  on  the  average
non-competitive  yield on 3-month U.S.  Treasury bills maturing 30 days from the
date on which such weekly rate is determined.
     Smith Barney  Holdings,  Inc. has agreed to contribute up to $50,000,000 to
the  Partnership's  capital  without  recourse to the  Partnership,  the General
Partner or SB to enable the Partnership to meet its margin obligations to SB. As
a result of the agreement, the Partnership should not have to liquidate its Zero
Coupons  prior to their due date except to fund  redemptions,  and investors who
remain limited partners until  dissolution of the Partnership  should receive an
amount at least equal to their initial investment. The

                                      4

<PAGE>



General  Partner  will  provide a copy of Smith Barney  Holdings  Inc.'s  annual
report as filed with the SEC to any limited partner requesting it.
       (b) Financial  information  about industry  segments.  The  Partnership's
business  consists  of  only  one  segment,  speculative  trading  of  commodity
interests (including, but not limited to, futures contracts, options and forward
contracts on U.S. Treasuries,  other financial instruments,  foreign currencies,
stock  indices and physical  commodities).  The  Partnership  does not engage in
sales of goods or services.  The Partnership's net income (loss) from operations
for the years ended December 31, 1996,  1995, 1994 and for the period from March
9, 1993  (commencement of trading  operations) to December 31, 1993 is set forth
under "Item 6. Select  Financial Data."  Partnership  capital as of December 31,
1996 was $7,756,766.
      (c)     Narrative description of business.
              See Paragraphs (a) and (b) above.
              (i) through (x) - Not applicable.
              (xi) through (xii) - Not applicable.
              (xiii) - The Partnership has no employees.
      (d)     Financial Information About Foreign  and Domestic  Operations  and
Export Sales. The Partnership does not engage in sales of goods or services, and
therefore this item is not applicable.
Item 2.  Properties.
      The Partnership does not own or lease any properties.  The General Partner
operates out of facilities provided by its affiliate, SB.

                                      5

<PAGE>



Item 3.  Legal Proceedings.
      There are no pending legal proceedings to which the Partnership is a party
or to  which  any of its  assets  is  subject.  No  material  legal  proceedings
affecting  the  Partnership  were  terminated  during the fiscal  year.  
Item 4.  Submission of Matters to a Vote of Security Holders.
      There were no matters  submitted to the security holders for a vote during
the last fiscal year covered by this report.
                                    PART II
Item 5. Market for Registrant's Common Equity and Related Security
         Holder Matters.
          (a) Market Information.  The Partnership has issued no
              stock.  There is no established public trading market
              for the Units of Limited Partnership Interest.
          (b) Holders. The number of holders of Units of Limited
              Partnership Interest as of December 31, 1996 was 584.
          (c) Distribution.  The Partnership did not declare a
              distribution in 1996.


                                      6

<PAGE>



Item 6. Select Financial Data. The Partnership  commenced trading  operations on
March 9, 1993.  Realized and unrealized  trading gains,  realized and unrealized
gains (losses) on Zero Coupons,  interest income, net income (loss) and increase
(decrease)  in net asset value per Unit for the years ended  December  31, 1996,
1995,  1994 and for the  period  from  March 9, 1993  (commencement  of  trading
operations)  to December 31, 1993 and total  assets at December 31, 1996,  1995,
1994, 1993 and 1992 were as follows:
<TABLE>
<CAPTION>

                                              1996             1995            1994           1993            1992
                                          -----------      ------------    ------------    -----------     -------
<S>                                           <C>               <C>            <C>             <C>            <C>

Realized and unrealized
 trading gains net of
 brokerage commissions and
 clearing fees of $271,097,
 $368,786, $584,851 and
 $653,875, respectively                   $   23,106       $   420,261     $   222,464      $   353,586

Realized and unrealized gains
 (losses)on Zero Coupons                    (159,745)          899,375      (1,583,065)         140,604

Interest income                              485,260           623,626         929,636          880,622
                                          -----------      ------------    ------------     -----------

                                          $  348,621       $ 1,943,262     $  (430,965)     $ 1,374,812
                                          ===========      ============    ============     ===========

Net Income (loss)                         $  218,128       $ 1,519,530     $  (945,801)     $   934,115
                                          ===========      ============    ============     ===========

Increase (decrease) in
 net asset value per unit                 $    39.64       $    128.38     $    (42.92)     $     39.06
                                          ===========      ============    ============     ===========

Total assets                              $8,030,154       $11,505,904     $15,407,997      $24,207,383       $ 2,000
                                          ===========      ============    ============     ============       ======
</TABLE>



                                            7

<PAGE>



Item 7.      Management's Discussion and Analysis of Financial
           Condition and Results of Operations.
      (a)  Liquidity.  The  Partnership  does  not  engage  in sales 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 contracts 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.  Such substantial  losses could lead to a material  decrease in
liquidity.  To minimize this risk,  the  Partnership  follows  certain  policies
including:
      (1) Partnership  funds are invested only in commodity  contracts which are
traded in sufficient volume to permit,  in the opinion of the Advisors,  ease of
taking and liquidating positions.
      (2)  The Partnership diversifies its positions among various commodities.
      (3) No Advisor will initiate additional positions in any commodity if such
additional  positions  would result in aggregate  positions for all  commodities
requiring as margin more than 66-2/3% of the  Partnership's  assets allocated to
the Advisor.
      (4) The  Partnership  may  occasionally  accept  delivery of a  commodity.
Unless such  delivery is disposed  of  promptly  by  retendering  the  warehouse
receipt  representing  the  delivery  to the  appropriate  clearing  house,  the
physical commodity position will be fully hedged.

                                      8

<PAGE>



      (5) The Partnership will not employ the trading  technique  commonly known
as  "pyramiding",  in which the speculator uses  unrealized  profits on existing
positions as margin for the purchase or sale of additional positions in the same
or related commodities.
      (6)  The  Partnership  will  not  utilize   borrowings  except  short-term
borrowing if the Partnership takes delivery of any cash commodities.
      (7) The Advisors may, from time to time, employ trading strategies such as
spreads  or  straddles  on  behalf  of the  Partnership.  The term  "spread"  or
"straddle"   describes  a  commodity  futures  trading  strategy  involving  the
simultaneous buying and selling of contracts on the same commodity but involving
different  delivery  dates or markets and in which the trader  expects to earn a
profit from a widening or narrowing of the difference  between the prices of the
two contracts.
           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,  or to  purchase  or sell other  financial
instruments  at  specified  terms  at  specified  future  dates.  Each of  these
instruments  is subject  to  various  risks  similar  to those  relating  to the
underlying financial  instruments  including market and credit risk. The General
Partner monitors and controls

                                      9

<PAGE>



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.  (See also "Item 8.  Financial  Statement and
Supplementary  Data.," for further  information  on  financial  instrument  risk
included in the notes to financial statements.)
       Other  than  the  risks  inherent  in  commodity  futures  trading,   the
Partnership knows of no trends,  demands,  commitments,  events or uncertainties
which  will  result  in  or  which  are  reasonably  likely  to  result  in  the
Partnership's  liquidity  increasing  or  decreasing  in any  material  way. The
Limited  Partnership  Agreement  provides  that the General  Partner may, at its
discretion,  cause the Partnership to cease trading operations and liquidate all
open positions upon the first to occur of the following:  (i) December 31, 2012;
(ii)  at the end of the  month  in  which  the  Zero  Coupons  purchased  by the
Partnership come due (May, 1999);  (iii) the vote to dissolve the Partnership by
limited  partners  owning  more than 50% of the Units;  (iv)  assignment  by the
General  Partner  of all of its  interest  in  the  Partnership  or  withdrawal,
removal,  bankruptcy or any other event that causes the General Partner to cease
to be a general  partner under the  Partnership  Act unless the  Partnership  is
continued as described in the Limited Partnership Agreement; (v) the Partnership
is required to register under the Investment Company Act of 1940 and the General
Partner  determines  that  dissolution  is therefore in the  Partnership's  best
interest; or

                                      10

<PAGE>



(vi) the  occurrence of any event which shall make it unlawful for the existence
of the Partnership to be continued.
      (b)  Capital   resources.   (i)  The  Partnership  has  made  no  material
commitments for capital expenditures.
           (ii)  The   Partnership's   capital   will  consist  of  the  capital
contributions  of the  partners as  increased or decreased by gains or losses on
commodity futures trading and by expenses, interest income, redemptions of Units
and  distributions  of profits,  if any.  Gains or losses on  commodity  futures
trading  cannot be predicted.  Market moves in  commodities  are dependent  upon
fundamental and technical  factors which the  Partnership's  Advisors may or may
not be able to  identify.  Partnership  expenses  will  consist of,  among other
things,  commissions,  management  fees and incentive  fees.  The level of these
expenses is dependent  upon the level of trading and the ability of the Advisors
to identify and take advantage of price movements in the commodity  markets,  in
addition to the level of Net Assets  maintained.  Furthermore,  the  Partnership
will receive no payment on its Zero Coupons until their due date.  However,  the
Partnership  will accrue interest on the Zero Coupons and Limited  Partners will
be required to report as interest  income on their U.S. tax returns in each year
their prorata  share of the accrued  interest on the Zero Coupons even though no
interest  will be paid  prior to their  due date.  In  addition,  the  amount of
interest  income  payable by SB is dependent  upon interest rates over which the
Partnership has no control.
         No forecast can be made as to the level of redemptions in

                                      11

<PAGE>



any given period.  Beginning  with the fiscal quarter ending at least six months
after  trading  commences,  a Limited  Partner  may cause all of his Units to be
redeemed by the Partnership at the Net Asset Value thereof as of the last day of
a fiscal quarter (the "Redemption  Date") on fifteen days' written notice to the
General  Partner.  Redemption fees equal to 4%, 3%, 2% and 1% of Net Asset Value
per Unit redeemed were charged to any Limited  Partner who redeemed his Units on
the first,  second,  third or fourth possible  Redemption  Dates,  respectively.
Thereafter, no redemption fee will be charged. During 1994 and 1993, SB received
redemption fees of $52,854 and $77,949, respectively.
      For the year ended  December 31, 1996 2,810 Units were  redeemed  totaling
$3,113,939.  For the year ended December 31, 1995, 3,095 Units were redeemed for
a total of $3,386,462 which includes the General Partner redemption representing
146 Unit equivalents  totaling $164,180.  There were 8,933 Units redeemed in the
year ended December 31, 1994, at a value of $8,875,467.
      For each Unit  redeemed  and not  offset by a  purchase,  the  Partnership
liquidates  $1,000  (principal  amount) of Zero  Coupons  and will  continue  to
liquidate  $1,000  (principal  amount) of Zero Coupons per Unit redeemed.  These
liquidations  will be at market value which will be less than the amount payable
on their due date.  Moreover,  it is possible  that the market value of the Zero
Coupon could be less than its purchase  price plus the original  issue  discount
amortized to date.


                                      12

<PAGE>



         (c) Results of  operations.  For the year ended  December 31, 1996, the
net asset value per Unit  increased  3.5% from  $1,124.52 to $1,164.16.  For the
year ended December 31, 1995, the net asset value  increased  12.9% from $996.14
to $1,124.52. For the year ended December 31, 1994, the net asset value per Unit
decreased 4.1% from $1,039.06 to $996.14.
      The   Partnership   experienced  net  trading  gains  of  $294,203  before
commission  and  expenses  for the year  ended  December  31,  1996.  Gains were
attributable to the trading of commodity futures in currencies,  energy products
and  interest  rates and were  partially  offset by  losses  in the  trading  of
commodity futures in metals,  agricultural products and indices. The Partnership
experienced a realized loss of $46,071 on Zero Coupons liquidated in conjunction
with the redemption of Units during 1996 and unrealized depreciation of $113,674
on Zero Coupons during 1996.
      The   Partnership   experienced  net  trading  gains  of  $789,047  before
commissions and expenses for the year ended December 31, 1995.  Realized trading
gains of $855,208 were attributable to net trading gains in foreign  currencies,
interest rates, stock indices and energy commodity futures. These realized gains
were partially  offset by realized  losses  experienced in the trading of metals
and agricultural commodity futures. The Partnership  experienced a realized loss
of $95,508 on Zero Coupons  liquidated  in  conjunction  with the  redemption of
Units during 1995 and unrealized appreciation of $994,883 on Zero Coupons during
1995.

                                      13

<PAGE>



      The   Partnership   experienced  net  trading  gains  of  $807,315  before
commissions and expenses for the year ended December 31, 1994.  Realized trading
gains of  $1,019,135  were  attributable  to trading in foreign  currencies  and
agricultural  commodity  futures.  However,  these  realized  trading gains were
partially  offset by  realized  losses  experienced  in the  trading of interest
rates,  precious  metals,  stock  indices  and  energy  commodity  futures.  The
Partnership  experienced a realized loss of $526,997 on Zero Coupons  liquidated
in  conjunction  with  the  redemption  of  Units  during  1994  and  unrealized
depreciation of $1,056,068 on Zero Coupons during 1994.
      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  those price trends  correctly.  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 gain capital from operations.



                                      14

<PAGE>




Item 8.         Financial Statements and Supplementary Data.




                      F-1000 FUTURES FUND L.P., SERIES IX
                         INDEX TO FINANCIAL STATEMENTS



                                                                  Page
                                                                  Number


                Report of Independent Accountants.                  F-2

                Financial Statements:
                Statement of Financial Condition at
                December 31, 1996 and 1995.                         F-3

                Statement of Income and Expenses for
                the years ended December 31, 1996, 1995
                and 1994.                                           F-4

                Statement of Partners' Capital for the
                years ended December 31, 1996, 1995
                and 1994.                                           F-5

                Notes to Financial Statements.                   F-6 -  F-12

                                      F-1

                                   Continued


<PAGE>
                        Report of Independent Accountants

To the Partners of F-1000 Futures Fund L.P., Series IX:

We have audited the  accompanying  statement  of  financial  condition of F-1000
FUTURES FUND L.P., SERIES IX (a New York Limited Partnership) as of December 31,
1996 and 1995,  and  the  related  statements  of  income  and  expenses  and of
partners'  capital for the years ended December 31, 1996,  1995, and 1994. These
financial  statements  are the  responsibility  of the management of the General
Partner.  Our  responsibility  is to  express  an  opinion  on  these  financial
statements based on our audits.

We  conducted  our  audits  in  accordance  with  generally   accepted  auditing
standards.  Those standards require that we plan and perform the audit to obtain
reasonable assurance about whether the financial statements are free of material
misstatement.  An audit includes examining, on a test basis, evidence supporting
the amounts and disclosures in the financial statements.  An audit also includes
assessing the accounting  principles used and significant  estimates made by the
management of the General Partner,  as well as evaluating the overall  financial
statement  presentation.  We believe that our audits provide a reasonable  basis
for our opinion.

In our opinion,  the financial  statements  referred to above present fairly, in
all  material  respects,  the  financial  position of F-1000  Futures Fund L.P.,
Series IX as of December  31, 1996 and 1995,  and the results of its  operations
for the  years  ended  December 31, 1996,  1995 and  1994,  in  conformity  with
generally accepted accounting principles.



                                                      Coopers & Lybrand L.L.P.

New York, New York
February 28, 1997

                                      F-2


<PAGE>


                       F-1000 Futures Fund L.P., Series IX
                        Statement of Financial Condition
                           December 31, 1996 and 1995


Assets:                                                 1996            1995
Equity in commodity futures
 trading account:
  Cash and cash equivalents (Note 3c)               $ 1,956,801      $ 2,527,638
  Net unrealized appreciation
   on open futures contracts                            107,664          440,322
  Commodity options owned, at
   market value (cost $960
   and $670 in 1996 and 1995,
   respectively)                                            660              690
  Zero Coupons, $6,663,000 and
   $9,473,000 principal
   amount in 1996, and 1995,
   respectively, due May 15, 1999,
   at market value (amortized
   cost $5,858,376 and
   $7,888,830 in 1996 and
   1995, respectively) (Notes
   1 and 2)                                           5,795,477        7,939,605
                                                    -----------      -----------
                                                      7,860,602       10,908,255
 Receivable from SB on sale of
  Zero Coupons                                          162,690          580,941
 Interest receivable                                      6,862            9,187
 Deferred organization expense                                             7,521
                                                    -----------      -----------
                                                    $ 8,030,154      $11,505,904
                                                    ===========      ===========
Liabilities and Partners' Capital:
Liabilities:
 Accrued expenses:
  Commissions                                       $    18,484      $    24,150
  Management fees                                         4,318            5,642
  Other                                                  31,916           26,090
  Organization expense                                                    16,708
 Commodity options written,
  at market value (premiums
  received $800 and $300 in
  1996 and 1995, respectively)                              972              320
 Redemptions payable (Note 5)                           217,698          780,417
                                                    -----------      -----------
                                                        273,388          853,327
                                                    -----------      -----------
Partners' Capital (Notes 1, 5 and 7):
 General Partner, 103 Unit
  equivalents outstanding in                            
  1996 and 1995                                         119,908          115,825
 Limited Partners, 6,560 and
  9,370 Units of Limited
  Partnership Interest                              
  outstanding in 1996 and                           
  1995, respectively                                  7,636,858       10,536,752
                                                    -----------      -----------
                                                      7,756,766       10,652,577
                                                    -----------      -----------
                                                    $ 8,030,154      $11,505,904
                                                    ===========      ===========


See notes to financial statements.

                                      F-3
<PAGE>


                       F-1000 Futures Fund L.P., Series IX
                        Statement of Income and Expenses
                     for the years ended December 31, 1996,
                                  1995 and 1994


                                           1996          1995           1994
Income:
 Net gains (losses) on trading of
  commodity interests:
  Realized gains on closed
   positions                          $   627,333    $   855,208    $ 1,019,135
  Change in unrealized gains/
   losses on open positions              (333,130)       (66,161)      (211,820)
                                      -----------    -----------    -----------
                                          294,203        789,047        807,315
 Less, Brokerage commissions
  and clearing fees ($9,263,
  $13,589 and $20,378,
  respectively) (Note 3c)                (271,097)      (368,786)      (584,851)
                                      -----------    -----------    -----------
 Net realized and unrealized
  gains                                    23,106        420,261        222,464
 Gain (loss) on sale of
  Zero Coupons                            (46,071)       (95,508)      (526,997)
 Unrealized appreciation
  (depreciation) on
  Zero Coupons                           (113,674)       994,883     (1,056,068)
 Interest income (Note 2c
  and 3c)                                 485,260        623,626        929,636
                                      -----------    -----------    -----------
                                          348,621      1,943,262       (430,965)
                                      -----------    -----------    -----------
Expenses:
 Organization expense (Note 6)              7,521        139,067        155,137
 Management fees (Note 3b)                 56,703         76,201        122,064
 Incentive fees (Note 3b)                  20,099        151,220        183,571
 Other expenses                            46,170         57,244         54,064
                                      -----------    -----------    -----------
                                          130,493        423,732        514,836
                                      -----------    -----------    -----------
Net income (loss)                     $   218,128    $ 1,519,530    $  (945,801)
                                      ===========    ===========    ===========
Net income (loss) per Unit of
 Limited Partnership Interest
 and General Partner Unit
 equivalent (Notes 1 and 7)           $     39.64    $    128.38    $    (42.92)
                                      ===========    ===========    ===========


See notes to financial statements.

                                      F-4
<PAGE>


                       F-1000 Futures Fund L.P., Series IX
                         Statement of Partners' Capital
                     for the years ended December 31, 1996,
                                  1995 and 1994


                                       Limited        General
                                      Partners        Partner          Total
Partners' capital at
  December 31, 1993                $ 22,082,051    $    258,726    $ 22,340,777
Net loss                               (935,114)        (10,687)       (945,801)
Redemption of 8,933
  Units of Limited
  Partnership Interest               (8,875,467)                     (8,875,467)
                                   ------------    ------------    ------------
Partners' capital at
  December 31, 1994                  12,271,470         248,039      12,519,509
Net income                            1,487,564          31,966       1,519,530
Redemption of 2,949
  Units of Limited
  Partnership Interest
  and General Partner
  redemption representing
  146 Unit equivalents               (3,222,282)       (164,180)     (3,386,462)
                                   ------------    ------------    ------------
Partners' capital at
  December 31, 1995                  10,536,752         115,825      10,652,577
Net income                              214,045           4,083         218,128
Redemption of 2,810 Units of
  Limited Partnership Interest       (3,113,939)                     (3,113,939)
                                   ------------    ------------    ------------
Partners' capital at
  December 31, 1996                $  7,636,858    $    119,908    $  7,756,766
                                   ============    ============    ============


See notes to financial statements.

                                      F-5
<PAGE>

                            F-1000 Futures Fund L.P.,
                                    Series IX
                          Notes to Financial Statements

1. Partnership Organization:

   F-1000  Futures  Fund  L.P.,  Series  IX  (the  "Partnership")  is a  limited
   partnership which was organized on August 25, 1992 under the partnership laws
   of  the  State  of  New  York  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 which payments
   are due  approximately  six  years  from the date  trading  commenced  ("Zero
   Coupons").  The  Partnership  was  authorized to sell 50,000 Units during the
   public offering period.

   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  (see
   Note 3b). The General  Partner and each limited  partner share in the profits
   and losses of the  Partnership  in  proportion  to the amount of  partnership
   interest  owned by each  except that no limited  partner  shall be liable for
   obligations of the Partnership in excess of his initial capital  contribution
   and profits, if any, net of distributions.

   The Partnership  will be liquidated at the end of the month in which the Zero
   Coupons purchased by the Partnership come due (May 1999), or upon the earlier
   occurrence  of  certain  other   circumstances   set  forth  in  the  Limited
   Partnership Agreement.

2. Accounting Policies:

   a.All commodity interests  (including  derivative  financial  instruments and
     derivative  commodity  instruments)  are used  for  trading  purposes.  The
     commodity  interests  are  recorded  on trade date and open  contracts  are
     recorded in the statement of financial  condition at market value for those
     commodity interests for which market quotations are readily available or at
     fair value on the last business day of the year.  Investments  in commodity
     interests  denominated in foreign currency are translated into U.S. dollars
     at the  exchange  rates  prevailing  on the last  business day of the year.
     Realized  gain  (loss)  and  changes  in  unrealized  values  on  commodity
     interests  are  recognized in the period in which the contract is closed or
     the  changes  occur and are  included  in net gains  (losses) on trading of
     commodity interests.

                                      F-6
<PAGE>
                            F-1000 Futures Fund L.P.,
                                    Series IX
                          Notes to Financial Statements

   b.Income taxes have not been provided as each partner is individually  liable
     for the  taxes,  if any,  on his  share  of the  Partnership's  income  and
     expenses.

   c.The original  issue  discount on the Zero Coupons is being  amortized  over
     their life using the interest method and is included in interest income.

   d.Zero Coupons are recorded in the statement of financial condition at market
     value.  Realized  gain (loss) on the sale of Zero Coupons is  determined on
     the amortized cost basis of the Zero Coupons at the time of sale.

   e.The  preparation  of financial  statements  in  conformity  with  generally
     accepted  accounting  principles  requires management to make estimates and
     assumptions  that affect the reported  amounts of assets and liabilities at
     the date of the financial  statements and the reported  amounts of revenues
     and expenses during the reporting period.  Actual results could differ from
     these estimates.

3. Agreements:

   a.Limited Partnership Agreement:

     The Limited  Partnership  Agreement provides that the General Partner shall
     manage the business of the Partnership  and may make all trading  decisions
     for the Partnership.

   b.Management Agreements:

     The  General  Partner,  on  behalf of the  Partnership,  has  entered  into
     Management  Agreements  with Rabar  Market  Research,  Inc.  and  Trendview
     Management,  Inc.  (collectively,  the  "Advisors"),  registered  commodity
     trading advisors. The Advisors are not affiliated with one another and none
     is affiliated  with the General  Partner or SB and are not  responsible for
     the organization or operation of the Partnership.  The Partnership will pay
     each Advisor a monthly  management  fee equal to 1/6 of 1% (2% per year) of
     Net  Assets  allocated  to the  Advisor  as of the  end of each  month.  In
     addition,  the  Partnership  is  obligated to pay each Advisor an incentive
     fee,  payable  quarterly,  equal to 20% of the New  Trading  Profits of the
     Partnership.

                                      F-7
<PAGE>
                            F-1000 Futures Fund L.P.,
                                    Series IX
                          Notes to Financial Statements

   c.Customer Agreement:

     The Partnership has entered into a Customer  Agreement,  which was assigned
     to SB, which provides that the Partnership will pay SB a monthly  brokerage
     fee equal to .71 of 1% (8.5% per year) of month-end Net Assets,  in lieu of
     brokerage  commissions on a per trade basis.  The Partnership  will pay for
     National  Futures  Association  ("NFA") fees,  exchange and clearing  fees,
     user,  give-up  and floor  brokerage  fees.  SB will pay a portion  of such
     brokerage  fees to its  financial  consultants  who have sold  Units in the
     Partnership.   All  of  the  Partnership's  assets  are  deposited  in  the
     Partnership's  account at SB. The Partnership  maintains a portion of these
     assets in Zero  Coupons and a portion in cash.  The  Partnership's  cash is
     deposited  by SB in  segregated  bank  accounts as  required  by  Commodity
     Futures Trading Commission regulations.  At December 31, 1996 and 1995, the
     amount of cash held for margin  requirements  was  $340,672  and  $703,293,
     respectively.  Brokerage fees will be paid for the life of the Partnership,
     although the rate at which such fees are paid may be changed. SB has agreed
     to  pay  the  Partnership  interest  on 75% of  the  average  daily  equity
     maintained  in cash in its  account  during  each  month at the rate of the
     average  noncompetitive  yield of 13-week U.S. Treasury Bills as determined
     at the weekly  auctions  thereof during the month.  The Customer  Agreement
     between the Partnership and SB gives the Partnership the legal right to net
     unrealized gains and losses.  The Customer Agreement may be terminated upon
     notice by either party.

4. 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.

   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  December  31, 1996  and  1995,  was  $107,352  and   $440,692,
   respectively,  and the average fair value during the years then ended,  based
   on monthly calculation, was $204,330 and $384,034, respectively.

                                      F-8
<PAGE>
                            F-1000 Futures Fund L.P.,
                                    Series IX
                          Notes to Financial Statements

5. Distributions and Redemptions:

   Distributions of profits,  if any, will be made at the sole discretion of the
   General  Partner  and at  such  times  as the  General  Partner  may  decide.
   Beginning  with  the  fiscal  quarter  ending  at least 6  months  after  the
   Partnership  commences trading operations,  a limited partner may require the
   Partnership  to redeem his Units at their Net Asset  Value as of the last day
   of a fiscal  quarter on 15 days'  notice to the General  Partner.  Redemption
   fees equal to 4%,  3%, 2% and 1% of Net Asset  Value per Unit  redeemed  were
   charged to any limited partner who redeemed his Units on the first (September
   30, 1993), second (December 31, 1993), third (March 31, 1994) or fourth (June
   30, 1994) possible redemption date, respectively.  Thereafter,  no redemption
   fee will be charged.  During 1994,  SB received  redemption  fees of $52,854.
   Redemptions of partial Units or of less than all the Units owned by a limited
   partner  are not  permitted  except  at the sole  discretion  of the  General
   Partner.

6. Organization and Offering Costs:

   Offering and organization  expenses of $391,118  relating to the issuance and
   marketing of the Units  offered to the public were paid by SB's  predecessor.
   The  Partnership  is  reimbursing  SB for all such expenses from the interest
   earned  on funds  held in its  account  beginning  with the  second  month of
   trading.  The Partnership is charged interest at the prime rate on the unpaid
   organization  expense  balance.  This  interest  expense of $0,  $4,683,  and
   $13,741  in  1996,  1995  and  1994,  respectively,   has  been  included  in
   organization expense.

                                      F-9
<PAGE>
                            F-1000 Futures Fund L.P.,
                                    Series IX
                          Notes to Financial Statements

7. Net Asset Value Per Unit:

   Changes in the net asset value per Unit of Partnership interest for the years
   ended December 31,1996, 1995 and 1994 were as follows:

                                        1996            1995           1994
Net realized and
 unrealized gains                  $      12.46    $      29.80    $      15.46
Net realized and
 unrealized gains
 (losses) on Zero Coupons                (14.87)          79.53          (81.07)
Interest income                           56.98           56.44           50.31
Expenses                                 (14.93)         (37.39)         (27.62)
                                   ------------    ------------    ------------
Increase (decrease)
 for year                                 39.64          128.38          (42.92)
Net asset value per
 Unit, beginning of year               1,124.52          996.14        1,039.06
                                   ------------    ------------    ------------
Net asset value per
 Unit, end of year                 $   1,164.16    $   1,124.52    $     996.14
                                   ============    ============    ============

8. Guarantee:

   Smith Barney Holdings, Inc. has agreed to contribute up to $50,000,000 to the
   Partnership's  capital  without  recourse  to the  Partnership,  the  General
   Partner or SB to enable the Partnership to meet its margin obligations to SB.
   As a result of the agreement,  the  Partnership  should not have to liquidate
   its Zero  Coupons  prior to their due date  except to fund  redemptions,  and
   investors who remain limited  partners until  dissolution of the  Partnership
   should receive an amount at least equal to their initial investment.

9. 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.

                                      F-10
<PAGE>
                            F-1000 Futures Fund L.P.,
                                    Series IX
                          Notes to Financial Statements

   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  riskadjusted  performance
   indicators  and  correlation  statistics.  In  addition,  on-line  monitoring
   systems provide account analysis on 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  Partnership's
   involvement  in these  instruments.  At December  31,  1996,  the notional or
   contractual  amounts of the  Partnership's  commitment  to purchase  and sell
   these instruments was $23,854,687 and $6,255,513, respectively.


                                      F-11
<PAGE>
                            F-1000 Futures Fund L.P.,
                                    Series IX
                          Notes to Financial Statements

   All of these  instruments  mature  within  one  year of  December  31,  1996.
   However, due to the nature of the Partnership's  business,  these instruments
   may not be held to  maturity.  At December  31,  1996,  the fair value of the
   Partnership's  derivatives,  including  options  thereon,  was  $107,352,  as
   detailed below.


                                       Notional or Contractual
                                        Amount of Commitments
                                      To Purchase      To Sell       Fair Value
Currencies
 -Exchange Traded Contracts           $ 2,001,920    $ 2,789,567    $    43,323
 -OTC Contracts                            18,675         18,675              0
Energy                                    513,000              0         10,109
Interest Rate Non-U.S                  20,264,181        632,942         20,305
Grains                                          0        453,721          2,914
Metals                                    630,301      1,900,393         15,219
Indices                                    88,020        433,390         16,119
Softs                                      51,640         26,025          1,655
Livestock                                 286,950            800         (2,292)
                                      -----------    -----------    -----------
Total                                 $23,854,687    $ 6,255,513    $   107,352
                                      ===========    ===========    ===========


                                      F-12



<PAGE>



Item 9.     Changes in and Disagreements with Accountants on
            Accounting and  Financial Disclosure.
            During the last two fiscal years and any subsequent  interim period,
no independent  accountant who was engaged as the principal  accountant to audit
the Partnership's financial statements has resigned or was dismissed.
                                   PART III
Item 10.    Directors and Executive Officers of the Registrant.
            The  Partnership  has no officers or  directors  and its affairs are
managed by its General Partner,  Smith Barney Futures Management Inc. Investment
decisions are made by Trendview Management, Inc. and Rabar Market Research, Inc.
(collectively the "Advisors").
Item 11.    Executive Compensation.
            The  Partnership  has no  directors  or  officers.  Its  affairs are
managed by Smith Barney  Futures  Management  Inc., its General  Partner,  which
receives  compensation for its services,  as set forth under "Item 1. Business."
SB, an  affiliate  of the  General  Partner,  is the  commodity  broker  for the
Partnership and receives brokerage  commissions for such services,  as described
under "Item 1.  Business."  Brokerage  commissions and clearing fees of $271,097
were paid for the year ended  December 31, 1996.  Management  fees and incentive
fees of $56,703 and  $20,099,  respectively,  were paid to the  Advisors for the
year ended December 31, 1996.

                                      15

<PAGE>



Item 12. Security Ownership of Certain Beneficial Owners and Management.
            (a). Security ownership of certain beneficial owners.
The  Partnership  knows of no person who  beneficially  owns more than 5% of the
Units outstanding.
        (b).  Security  ownership of management.  Under the terms of the Limited
Partnership  Agreement,  the  Partnership's  affairs  are managed by the General
Partner.  The General Partner owns Units of partnership  interest  equivalent to
103 (1.5%) Units of Limited Partnership Interest.
            (c). Changes in control.  None.
Item 13.  Certain Relationships and Related Transactions.
     Smith  Barney  Inc.  and Smith  Barney  Futures  Management  Inc.  would be
considered  promoters for purposes of Item 404(d) of Regulation  S-K. The nature
and the amounts of compensation  each promoter will receive from the Partnership
are set forth under "Item 1. Business." and "Item 11. Executive Compensation."

                                   PART IV
Item 14.    Exhibits, Financial Statement Schedules, and Reports on
            Form 8-K.
      (a)  (1)    Financial Statements:
                  Statement  of  Financial  Condition  at December  31, 1996 and
                  1995.  
                  Statement  of Income and  Expenses  for the years ended
                  December 31, 1996, 1995 and 1994.

                                      16

<PAGE>



                  Statement  of Partners'  Capital for the years ended  December
                  31, 1996, 1995 and 1994.
            (2)   Financial Statement Schedules:  None.
            (3)   Exhibits:
          3.1 -    Limited Partnership Agreement (filed as Exhibit
                   3.1 - to the Registration Statement on Form S-1
                   (File No. 33-52460) and incorporated herein by
                   reference).
          3.2 -    Certificate of Limited Partnership of the
                   Partnership as filed in the office of the County
                   Clerk of New York County on August 25, 1992
                   (filed as Exhibit 3.2 to the Registration
                   Statement on Form S-1 (File No. 33-52460 and
                   incorporated herein by reference).
          10.1 -   Customer Agreement between the Partnership and
                   Smith Barney Shearson Inc. (filed as Exhibit 10.1
                   to the Registration Statement on Form S-1 (File
                   No. 33-52460) and incorporated herein by
                   reference).
          10.3 -   Escrow Instructions relating to escrow of
                   subscription funds (filed as Exhibit 10.3 to the
                   Registration Statement on Form S-1 (File No. 33-
                   52460) and incorporated herein by reference).
          10.5 -   Management Agreement among the Partnership, the
                   General Partner and A.O. Management Corp. (filed

                                     17

<PAGE>



                   as Exhibit 10.5 to the Registration Statement on
                   Form S-1 (File No. 33-52460) and incorporated
                   herein by reference).
          10.6 -   Management Agreement among the Partnership, the
                   General Partner and PRAGMA, Inc. (filed as Exhibit
                   10.6 to the Registration Statement on Form S-1
                   (File No. 33-52460) and incorporated herein by
                   reference).
          10.7 -   Management Agreement among the Partnership, the
                   General Partner and Rabar Market Research, Inc.
                   (filed as Exhibit 10.7 to the Registration
                   Statement on Form S-1 (Filed No. 33-52460) and
                   incorporated herein by reference).
          10.8 -   Management Agreement among the Partnership, the
                   General Partner and Trendview Management, Inc.
                   (filed as Exhibit 10.8 to the Registration
                   Statement on Form S-1 (File No. 33-52460) and
                   incorporated herein by reference).
          10.9 -   Letter dated September 7, 1993 from the General
                   Partner to A.O. Management Corp. terminating the
                   Management Agreement (filed as Exhibit 10.9 to Form
                   10-K for the period ended December 31, 1993 and
                   incorporated herein by reference).
          10.10-   Management Agreement among the Partnership, the
                   General Partner and Reynwood Trading Corp. (filed
                   as Exhibit 10.10 to Form 10-K for the period ended

                                      18

<PAGE>



                   December 31, 1993 and incorporated herein by reference).
          10.11-   Letter dated July 29, 1994 from the General Partner to PRAGMA
                   INC.  terminating the Management  Agreement (filed as Exhibit
                   10.11 to Form 10-K for the year ended  December  31, 1994 and
                   incorporated herein by reference).
          10.12-   Management  Agreement  among  the  Partnership,  the  General
                   Partner and Friedberg Commodity  Management (filed as Exhibit
                   10.12 to Form 10-K for the year ended  December  31, 1994 and
                   incorporated herein by reference).
          10.13-   Letters dated February 16, 1995 from the General
                   Partner to Rabar Market Research, Inc., Trendview
                   Management, Inc. and Friedberg Commodity
                   Management, Inc. extending Management Agreements to
                   June 30, 1995 (filed as Exhibit 10.13 to Form
                   10-K for the year ended December 31, 1995 and
                   incorporated herein by reference).
          10.14-   Letter dated March 31, 1995 from the General
                   Partner to Friedberg Commodity Management, Inc.
                   terminating the Management Agreement (filed
                   herein).
          (b)      Reports on 8-K:  None Filed.

                                      19

<PAGE>



      Supplemental  Information  To Be Furnished  With Reports Filed Pursuant To
Section 15(d) Of The Act by  Registrants  Which Have Not  Registered  Securities
Pursuant To Section 12 Of the Act.




Annual Report to Limited Partners


                                      20


<PAGE>


                                  SIGNATURES

       Pursuant  to  the  requirements  of  the  Securities  Act  of  1933,  the
Registrant  has duly  caused  this  Registration  Statement  to be signed on its
behalf by the undersigned,  thereunto duly  authorized,  in the City of New York
and State of New York on the 24th day of March 1997.

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


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



By     /s/        David J. Vogel
       David J. Vogel, President & Director


       Pursuant  to  the  requirements  of the  Securities  Act  of  1933,  this
Registration  Statement  has been signed below by the  following  persons in the
capacities and on the date indicated.



/s/     David J. Vogel                    /s/     Jack H. Lehman III
David J. Vogel,                           Jack H. Lehman III
Director, Principal Executive             Chairman and Director
Officer and President



/s/      Michael Schaefer                 /s/    Daniel A. Dantuono
Michael Schaefer                          Daniel A. Dantuono
Director                                  Treasurer, Chief Financial
                                          Officer and Director



/s/  Philip M. Waterman, Jr.              /s/ Daniel R. McAuliffe, Jr.
Philip M. Waterman, Jr.                   Daniel R. McAuliffe, Jr.
Director and Vice-Chairman                Director




/s/ Steve J. Keltz                        /s/   Shelley Ullman
Steve J. Keltz                            Shelley Ullman
Secretary and Director                    Director



                                      21

<PAGE>