[ARTICLE] 6
[CIK] 0001000077
[NAME] SMITH BARNEY CONCERT ALLOCATION SERIES INC.
[SERIES]
   [NUMBER] 9
   [NAME] SELECT BALANCED PORTFOLIO
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   6-MOS
[FISCAL-YEAR-END]                          JAN-31-1999
[PERIOD-END]                               JUL-31-1998
[INVESTMENTS-AT-COST]                       80,075,081
[INVESTMENTS-AT-VALUE]                      80,471,735
[RECEIVABLES]                                  284,750
[ASSETS-OTHER]                                       0
[OTHER-ITEMS-ASSETS]                               978
[TOTAL-ASSETS]                              80,757,463
[PAYABLE-FOR-SECURITIES]                     3,000,000
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                    2,227,073
[TOTAL-LIABILITIES]                          5,227,073
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                    73,512,912
[SHARES-COMMON-STOCK]                        6,557,108
[SHARES-COMMON-PRIOR]                        3,997,048
[ACCUMULATED-NII-CURRENT]                    1,149,870
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                        470,954
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                       396,654
[NET-ASSETS]                               755,530,390
[DIVIDEND-INCOME]                            1,230,388
[INTEREST-INCOME]                               28,474
[OTHER-INCOME]                                       0
[EXPENSES-NET]                                 108,887
[NET-INVESTMENT-INCOME]                      1,149,975
[REALIZED-GAINS-CURRENT]                       486,213
[APPREC-INCREASE-CURRENT]                      667,061
[NET-CHANGE-FROM-OPS]                        2,303,249
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                    1,059,089
[DISTRIBUTIONS-OF-GAINS]                     1,074,808
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                      2,638,615
[NUMBER-OF-SHARES-REDEEMED]                     78,555
[SHARES-REINVESTED]                                  0
[NET-CHANGE-IN-ASSETS]                      30,459,552
[ACCUMULATED-NII-PRIOR]                      1,058,984
[ACCUMULATED-GAINS-PRIOR]                    1,059,549
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                                0
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                                 62,481
[AVERAGE-NET-ASSETS]                        62,654,344
[PER-SHARE-NAV-BEGIN]                            11.28
[PER-SHARE-NII]                                  00.07
[PER-SHARE-GAIN-APPREC]                          00.49
[PER-SHARE-DIVIDEND]                             00.16
[PER-SHARE-DISTRIBUTIONS]                        00.16
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                              11.52
[EXPENSE-RATIO]                                  00.35
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>