<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000275811
<NAME> SMITH BARNEY MONEY FUNDS, INC.
<SERIES>
   <NUMBER> 2
   <NAME> GOVERNMENT POTFOLIO. CLASS Z
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                    5,351,855,708
<INVESTMENTS-AT-VALUE>                   5,351,855,708
<RECEIVABLES>                                6,936,233
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                            16,603
<TOTAL-ASSETS>                           5,358,808,544
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                   14,077,944
<TOTAL-LIABILITIES>                         14,077,944
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                 5,344,730,600
<SHARES-COMMON-STOCK>                       58,846,929
<SHARES-COMMON-PRIOR>                       57,199,301
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                             5,344,730,600
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                          278,879,265
<OTHER-INCOME>                                       0
<EXPENSES-NET>                              30,502,378
<NET-INVESTMENT-INCOME>                    248,376,887
<REALIZED-GAINS-CURRENT>                          5119
<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                      248,382,006
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    2,641,762
<DISTRIBUTIONS-OF-GAINS>                            55
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                     13,161,281
<NUMBER-OF-SHARES-REDEEMED>                 10,384,902
<SHARES-REINVESTED>                          2,860,351
<NET-CHANGE-IN-ASSETS>                               0
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                       21,476,822
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                             35,502,378
<AVERAGE-NET-ASSETS>                            57,205
<PER-SHARE-NAV-BEGIN>                             1.00
<PER-SHARE-NII>                                   0.05
<PER-SHARE-GAIN-APPREC>                          0.000
<PER-SHARE-DIVIDEND>                              0.05
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               1.00
<EXPENSE-RATIO>                                   0.47
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>