<ARTICLE> 5 <CIK> 0000841941 <NAME> Shearson Hutton Performance Partners <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> SEP-30-1996 <CASH> 2,319,007 <SECURITIES> 273,522 <RECEIVABLES> 8,193 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 2,600,722 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 2,600,722 <CURRENT-LIABILITIES> 286,740 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 2,313,982 <TOTAL-LIABILITY-AND-EQUITY> 2,600,722 <SALES> 0 <TOTAL-REVENUES> (143,620) <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 81,574 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (225,194) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (225,194) <EPS-PRIMARY> (87.79) <EPS-DILUTED> 0