If you want a kind of sepia ("old photo") effect, you can create a Curve by following my tutorial here:
BioRUST.com :: Tutorials >> Creating A Colour Toning Curve
If you don't want to use a Curve, I would suggest a Hue/Saturation adjustment layer rather than Color Balance: add a H/S adjustment layer, tick
Colorize and then use
Hue = 36 and
Saturation = 40. This will give you a sort of sepia tone, but obviously you can play around with the sliders to get the colour you want.