[ARTICLE] 6
[CIK] 0000275811
[NAME] SMITH BARNEY MONEY FUNDS, INC.
[SERIES]
   [NUMBER] 1
   [NAME] CASH PORTFOLIO, CLASS L
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   6-MOS
[FISCAL-YEAR-END]                          DEC-31-1998
[PERIOD-END]                               JUN-30-1998
[INVESTMENTS-AT-COST]                   34,516,840,838
[INVESTMENTS-AT-VALUE]                  34,516,840,858
[RECEIVABLES]                              219,371,896
[ASSETS-OTHER]                                     591
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                          34,736,213,325
[PAYABLE-FOR-SECURITIES]                   173,675,173
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                   88,772,254
[TOTAL-LIABILITIES]                        262,447,427
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                34,473,765,898
[SHARES-COMMON-STOCK]                          327,650
[SHARES-COMMON-PRIOR]                        2,015,872  
[ACCUMULATED-NII-CURRENT]                            0
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                              0
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                             0
[NET-ASSETS]                            34,473,765,898
[DIVIDEND-INCOME]                                    0
[INTEREST-INCOME]                          946,236,614
[OTHER-INCOME]                                       0
[EXPENSES-NET]                             105,814,335
[NET-INVESTMENT-INCOME]                    840,422,279
[REALIZED-GAINS-CURRENT]                       (4,030)
[APPREC-INCREASE-CURRENT]                            0
[NET-CHANGE-FROM-OPS]                      840,418,249
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                       25,879
[DISTRIBUTIONS-OF-GAINS]                             0
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                        331,120
[NUMBER-OF-SHARES-REDEEMED]                  2,047,306
[SHARES-REINVESTED]                             27,964
[NET-CHANGE-IN-ASSETS]                   3,580,988,866
[ACCUMULATED-NII-PRIOR]                              0
[ACCUMULATED-GAINS-PRIOR]                            0
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                       65,148,635
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                            105,814,335
[AVERAGE-NET-ASSETS]                         1,025,632
[PER-SHARE-NAV-BEGIN]                            1.000
[PER-SHARE-NII]                                  0.025
[PER-SHARE-GAIN-APPREC]                              0
[PER-SHARE-DIVIDEND]                             0.025
[PER-SHARE-DISTRIBUTIONS]                            0
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                              1.000
[EXPENSE-RATIO]                                  0.590
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>