[ARTICLE] 6
[CIK] 0000275811
[NAME] SMITH BARNEY MONEY FUNDS, INC.
[SERIES]
   [NUMBER] 3
   [NAME] RETIREMENT PORTFOLIO
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   6-MOS
[FISCAL-YEAR-END]                          DEC-31-1998
[PERIOD-END]                               JUN-30-1998
[INVESTMENTS-AT-COST]                    1,385,429,098
[INVESTMENTS-AT-VALUE]                   1,385,429,098
[RECEIVABLES]                                8,589,952
[ASSETS-OTHER]                                     218
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                           1,394,019,268
[PAYABLE-FOR-SECURITIES]                             0
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                    3,630,744
[TOTAL-LIABILITIES]                          3,630,744
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                 1,390,024,569
[SHARES-COMMON-STOCK]                    1,390,024,569
[SHARES-COMMON-PRIOR]                    1,367,120,034
[ACCUMULATED-NII-CURRENT]                            0
[OVERDISTRIBUTION-NII]                       (363,955)
[ACCUMULATED-NET-GAINS]                              0
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                             0
[NET-ASSETS]                             1,390,388,524
[DIVIDEND-INCOME]                                    0
[INTEREST-INCOME]                           39,691,371
[OTHER-INCOME]                                       0
[EXPENSES-NET]                               5,143,756
[NET-INVESTMENT-INCOME]                     34,547,615
[REALIZED-GAINS-CURRENT]                             0
[APPREC-INCREASE-CURRENT]                            0
[NET-CHANGE-FROM-OPS]                       34,547,615
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                   34,547,615
[DISTRIBUTIONS-OF-GAINS]                             0
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                  2,649,084,729
[NUMBER-OF-SHARES-REDEEMED]              2,659,854,169
[SHARES-REINVESTED]                         33,673,978
[NET-CHANGE-IN-ASSETS]                      22,904,538
[ACCUMULATED-NII-PRIOR]                              0
[ACCUMULATED-GAINS-PRIOR]                            0
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                        3,007,520
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                              5,143,756
[AVERAGE-NET-ASSETS]                     1,394,069,985
[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]                                  0.740
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>