<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