<ARTICLE> 5 <CIK> 0000841941 <NAME> Shearson Hutton Performance Partners <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> SEP-30-1997 <CASH> 1,832,704 <SECURITIES> 136,747 <RECEIVABLES> 6,224 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 1,975,675 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 1,975,675 <CURRENT-LIABILITIES> 149,828 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 1,825,847 <TOTAL-LIABILITY-AND-EQUITY> 1,975,675 <SALES> 0 <TOTAL-REVENUES> (156,932) <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 67,022 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (223,954) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (223,954) <EPS-PRIMARY> (131.26) <EPS-DILUTED> 0