SMITH BARNEY SHEARSON SHORT TERM WORLD INCOME FUND
N-30B-2, 1994-07-05
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.  20549

RULE 24f-2 NOTICE

FOR

SMITH BARNEY SHEARSON SHORT-TERM WORLD INCOME FUND
(Name of Registrant)

Two World Trade Center, New York, New York  10048
(Address of principal executive offices)

           Beneficial Interest, $.001 par value             
(Title of securities with respect to which Notice is filed)

File Nos. 33-33912 and 811-6063


The following information is required pursuant to Rule 24f-2(b) (1):

	(i).	Period for which Notice is filed:

May 1, 1993 to April 30, 1994

	(ii).	Number or amount of securities of the same class or series which 
had been registered 		under the Securities Act of 1933 other than 
pursuant to Rule 24f-2 but which 			remained unsold at the 
beginning of such fiscal year:

None

	(iii).	Number or amount of securities, if any, registered during 
such fiscal year other than 		pursuant to Rule 24f-2:

19,195,411 shares

	(iv).	Number and amount of securities sold during such fiscal year*:

152,834 shares
$1,014,618

_____________________________________________________
*Excludes shares issued upon reinvestment of dividends; and also excluding 
seed money shares.




	(v).	Number and amount of securities sold during such fiscal year in 
reliance upon 
		registration pursuant to Rule 24f-2*

152,834 shares
$1,014,618


An opinion of counsel with respect to the legality of the above shares 
accompanies this Notice.

DATED:  June 27, 1994

							SMITH BARNEY SHEARSON 
							SHORT-TERM WORLD INCOME FUND

							By:  /s/ Christina Haage		
							      Christina Haage, Assistant 
Treasurer





____________________________________
*  Excludes shares issued upon reinvestment of dividends




	(1)  The actual aggregate sales price for which such securities were 
sold was $1,014,618.  During the fiscal year ended April 30, 1994 the actual 
aggregate redemption price of securities of Class A and B redeemed by the 
Registrant was $73,708,104.  No portion of such redemption price has been 
applied by the Registrant pursuant to Rule 24e-2(a) in filings made pursuant 
to Section 24(e) (1) of the Investment Company Act of 1940, as amended.  
Pursuant to Rule 24f-2(c), the registration fee with respect to the securities 
sold is calculated as follows:  $1,014,618 - $73,708,104 = ($72,693,486) x 
$.00034483 = ($25,066.89). Therefore, no registration fee is required.





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