<ARTICLE> 5 <CIK> 0001013167 <NAME> SMITH BARNEY MIDWEST FUTURES FUND LP II <MULTIPLIER> 1 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> MAR-31-1996 <CASH> 41,441,584 <SECURITIES> 2,431,331 <RECEIVABLES> 143,955 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 44,016,870 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 44,016,870 <CURRENT-LIABILITIES> 905,983 <BONDS> 0 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 43,110,887 <TOTAL-LIABILITY-AND-EQUITY> 44,016,870 <SALES> 0 <TOTAL-REVENUES> 404,243 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 553,373 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (149,130) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (149,130) <EPS-PRIMARY> (1.73) <EPS-DILUTED> 0