<ARTICLE> 5 <CIK> 0001013167 <NAME> SMITH BARNEY MID-WEST FUTURES FUND L.P.II <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <CASH> 90,099,835 <SECURITIES> 953,339 <RECEIVABLES> 328,259 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 91,381,433 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 91,381,433 <CURRENT-LIABILITIES> 1,260,696 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 90,120,737 <TOTAL-LIABILITY-AND-EQUITY> 91,381,433 <SALES> 0 <TOTAL-REVENUES> (8,811,268) <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 1,194,866 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (10,006,134) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (10,006,134) <EPS-PRIMARY> (171.72) <EPS-DILUTED> 0