[ARTICLE] 6
[CIK] 0000275811
[NAME] SB MONEY FUNDS
[SERIES]
   [NUMBER] 1
   [NAME] CASH MONEY FUNDS CLB
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   6-MOS
[FISCAL-YEAR-END]                          DEC-31-1997
[PERIOD-END]                               JUN-30-1997
[INVESTMENTS-AT-COST]                   29,716,991,267
[INVESTMENTS-AT-VALUE]                  29,716,991,267
[RECEIVABLES]                              198,855,394
[ASSETS-OTHER]                               6,908,718
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                          29,922,755,379
[PAYABLE-FOR-SECURITIES]                             0
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                   75,228,586
[TOTAL-LIABILITIES]                         75,228,586
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                29,848,442,739
[SHARES-COMMON-STOCK]                        2,052,007
[SHARES-COMMON-PRIOR]                        2,152,334
[ACCUMULATED-NII-CURRENT]                            0
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                              0
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                             0
[NET-ASSETS]                            29,847,526,793
[DIVIDEND-INCOME]                                    0
[INTEREST-INCOME]                          800,270,277
[OTHER-INCOME]                                       0
[EXPENSES-NET]                              89,665,979
[NET-INVESTMENT-INCOME]                    710,604,298
[REALIZED-GAINS-CURRENT]                         7,953
[APPREC-INCREASE-CURRENT]                            0
[NET-CHANGE-FROM-OPS]                      710,612,251
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                       53,361
[DISTRIBUTIONS-OF-GAINS]                             1
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                        690,935
[NUMBER-OF-SHARES-REDEEMED]                    844,207
[SHARES-REINVESTED]                             52,945
[NET-CHANGE-IN-ASSETS]                   2,360,194,968
[ACCUMULATED-NII-PRIOR]                              0
[ACCUMULATED-GAINS-PRIOR]                            0
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                       56,697,199
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                             89,665,979
[AVERAGE-NET-ASSETS]                         2,152,723
[PER-SHARE-NAV-BEGIN]                             1.00
[PER-SHARE-NII]                                   .025
[PER-SHARE-GAIN-APPREC]                              0
[PER-SHARE-DIVIDEND]                              .025
[PER-SHARE-DISTRIBUTIONS]                            0
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                               1.00
[EXPENSE-RATIO]                                    .58
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>