<ARTICLE> 5 <CIK> 0000841941 <NAME> Shearson Hutton Performance Partners <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> JUN-30-1996 <CASH> 2,665,276 <SECURITIES> 53,841 <RECEIVABLES> 9,058 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 2,728,175 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 2,728,175 <CURRENT-LIABILITIES> 346,276 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 2,381,899 <TOTAL-LIABILITY-AND-EQUITY> 2,728,175 <SALES> 0 <TOTAL-REVENUES> (342,651) <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 56,017 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (398,668) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (398,668) <EPS-PRIMARY> (175.89) <EPS-DILUTED> 0