<TABLE> <S> <C>


<ARTICLE>                                           BD
<LEGEND>

                                                                   Exhibit 27.01

THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE DECEMBER
31, 1996 CONDENSED CONSOLIDATED FINANCIAL STATEMENTS OF SMITH BARNEY HOLDINGS
INC. AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER>                            1,000,000
       
<S>                             <C>
<PERIOD-TYPE>                                  YEAR
<FISCAL-YEAR-END>                              DEC-31-1996
<PERIOD-END>                                   DEC-31-1996
<CASH>                                         1,661<F1>
<RECEIVABLES>                                  7,304<F2>
<SECURITIES-RESALE>                           16,345
<SECURITIES-BORROWED>                          8,935
<INSTRUMENTS-OWNED>                           12,465
<PP&E>                                           438
<TOTAL-ASSETS>                                51,233
<SHORT-TERM>                                   3,217
<PAYABLES>                                     5,809<F3>
<REPOS-SOLD>                                  19,637
<SECURITIES-LOANED>                            4,034
<INSTRUMENTS-SOLD>                             8,378
<LONG-TERM>                                    2,605<F4>
<PREFERRED-MANDATORY>                              0<F5>
<PREFERRED>                                        0<F5>
<COMMON>                                           0<F5>
<OTHER-SE>                                     2,758<F6>
<TOTAL-LIABILITY-AND-EQUITY>                  51,233
<TRADING-REVENUE>                                990
<INTEREST-DIVIDENDS>                           1,926
<COMMISSIONS>                                  2,250
<INVESTMENT-BANKING-REVENUES>                  1,148
<FEE-REVENUE>                                  1,349
<INTEREST-EXPENSE>                             1,507
<COMPENSATION>                                 3,522
<INCOME-PRETAX>                                1,454
<INCOME-PRE-EXTRAORDINARY>                     1,454
<EXTRAORDINARY>                                    0<F5>
<CHANGES>                                          0<F5>
<NET-INCOME>                                     883
<EPS-PRIMARY>                                      0<F5>
<EPS-DILUTED>                                      0<F5>

<FN>
  <F1> Includes the following items from the financial statements: Cash and cash
       equivalents $405; Cash segregated and on deposit for Federal and other
       regulations $1,256.

  <F2> Includes the following items from the financial statements: Receivable
       from brokers and dealers $323; Receivable from customers $6,981.

  <F3> Includes the following items from the financial statements: Payable to
       brokers and dealers $221; Payable to customers $5,588.

  <F4> Includes the following items from the financial statements: Notes payable
       $2,379; Subordinated indebtedness $226.

  <F5>  Items which are inapplicable relative to the underlying financial
       statements are indicated with a zero as required.

  <F6>  Includes the following items from the financial statements: Additional
       paid-in capital $1,803; Retained earnings $951; Cumulative translation
       adjustment $4.
</FN>
        


</TABLE>