-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 IO081BH2DNwW0S6eD6N/xGXQdrH4tsILyD4qN5JD1mJTtHRCyhJFOP5eIqGDZUK/
 P/Q+0K12PpmX8pPpC+M63w==

<SEC-DOCUMENT>0001251346-03-000001.txt : 20030818
<SEC-HEADER>0001251346-03-000001.hdr.sgml : 20030818
<ACCEPTANCE-DATETIME>20030818211344
ACCESSION NUMBER:		0001251346-03-000001
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20030728
FILED AS OF DATE:		20030818

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FLAHERTY & CRUMRINE/CLAYMORE TOTAL RETURN FUND INC
		CENTRAL INDEX KEY:			0001245648
		STATE OF INCORPORATION:			MD

	MAIL ADDRESS:	
		STREET 1:		301 E COLORADO BLVD
		CITY:			PASADENA
		STATE:			CA
		ZIP:			91101

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			DALMASO NICHOLAS
		CENTRAL INDEX KEY:			0001251346

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-21380
		FILM NUMBER:		03854221

	BUSINESS ADDRESS:	
		STREET 1:		10865 AVENUE OF THE AMERICAS,
		STREET 2:		31ST FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10018
		BUSINESS PHONE:		2127352029

	MAIL ADDRESS:	
		STREET 1:		10865 AVENUE OF THE AMERICAS,
		STREET 2:		31ST FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10018
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>primary_doc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>

<ownershipDocument>

    <schemaVersion>X0201</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2003-07-28</periodOfReport>


    <noSecuritiesOwned>1</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001245648</issuerCik>
        <issuerName>FLAHERTY &amp; CRUMRINE/CLAYMORE TOTAL RETURN FUND INC</issuerName>
        <issuerTradingSymbol>FLC</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001251346</rptOwnerCik>
            <rptOwnerName>DALMASO NICHOLAS</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>10865 AVENUE OF THE AMERICAS,</rptOwnerStreet1>
            <rptOwnerStreet2>31ST FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10018</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Vice President, Asst Secretary</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>



    <ownerSignature>
        <signatureName>Donald F. Crumrine</signatureName>
        <signatureDate>2003-07-28</signatureDate>
    </ownerSignature>

</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-24
<SEQUENCE>3
<FILENAME>nickdalmaso.txt
<DESCRIPTION>POWER OF ATTORNEY
<TEXT>


POWER OF ATTORNEY


	KNOW ALL MEN BY THESE PRESENTS, that the person whose name
appears below nominates, constitutes and appoints Donald F.
Crumrine, Robert M. Ettinger and Peter C. Stimes (with full power
to act alone) his true and lawful attorney-in-fact and agent, for
him and on his behalf and in his place and stead in any and all
capacities, to execute any and all filings on Form 3 (Initial
Statement of Beneficial Ownership of Securities) pursuant to
Section 16(a) of the Securities Exchange Act of 1934 and Section
30(h) of the Investment Company Act of 1940, as amended ("Form 3
Filings") with respect to initial beneficial ownership of
securities of FLAHERTY & CRUMRINE/CLAYMORE TOTAL RETURN FUND
INCORPORATED (the "Fund"), and to file with the Securities and
Exchange Commission, The New York Stock Exchange and the Fund such
Form 3 Filings, granting unto said attorney, full power and
authority to do and perform certain acts and things requisite and
necessary to be done in and about the premises as fully to all
intents and purposes as the undersigned himself might or could do.

	IN WITNESS WHEREOF, the undersigned has hereunto set his
hand this 28th day of July, 2003.



/s/ Nicholas Dalmaso
Name: Nicholas Dalmaso
Title:   Director, Flaherty & Crumrine/Claymore Total Return Fund
Incorporated


EXPIRES:  February 28, 2004


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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