[ARTICLE] 6
[CIK] 0000275811
[NAME] SMITH BARNEY MONEY FUNDS, INC.
[SERIES]
   [NUMBER] 8
   [NAME] SB MONEY FUNDS GOVT-Z
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   YEAR
[FISCAL-YEAR-END]                          DEC-31-1997
[PERIOD-END]                               DEC-31-1997
[INVESTMENTS-AT-COST]                    4,737,838,801
[INVESTMENTS-AT-VALUE]                   4,737,838,801
[RECEIVABLES]                                4,475,781
[ASSETS-OTHER]                                 138,908
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                           4,742,453,773
[PAYABLE-FOR-SECURITIES]                             0
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                  111,611,634
[TOTAL-LIABILITIES]                        111,611,634
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                 4,584,533,718
[SHARES-COMMON-STOCK]                       51,210,199
[SHARES-COMMON-PRIOR]                       49,847,766
[ACCUMULATED-NII-CURRENT]                            0
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                              0
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                             0
[NET-ASSETS]                             4,630,842,139
[DIVIDEND-INCOME]                                    0
[INTEREST-INCOME]                          252,681,705
[OTHER-INCOME]                                       0
[EXPENSES-NET]                              27,681,183
[NET-INVESTMENT-INCOME]                    225,500,522
[REALIZED-GAINS-CURRENT]                         1,014
[APPREC-INCREASE-CURRENT]                            0
[NET-CHANGE-FROM-OPS]                      225,001,536
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                    2,488,170
[DISTRIBUTIONS-OF-GAINS]                            11
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                     17,550,260
[NUMBER-OF-SHARES-REDEEMED]                  7,675,640
[SHARES-REINVESTED]                          2,495,699
[NET-CHANGE-IN-ASSETS]                     186,121,466
[ACCUMULATED-NII-PRIOR]                              0
[ACCUMULATED-GAINS-PRIOR]                            0
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                       19,475,520
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                             27,681,183
[AVERAGE-NET-ASSETS]                                51
[PER-SHARE-NAV-BEGIN]                             1.00
[PER-SHARE-NII]                                   .050
[PER-SHARE-GAIN-APPREC]                              0
[PER-SHARE-DIVIDEND]                            (.050)
[PER-SHARE-DISTRIBUTIONS]                            0
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                               1.00
[EXPENSE-RATIO]                                    .51
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>