<PAGE> PAGE 1
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001 A000000 TAX-FREE INVESTMENTS CO.
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011 A00AA01 FUND MANAGEMENT COMPANY
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011 C03AA01 77046
012 A00AA01 AIM INSTITUTIONAL FUND SERVICES, INC.
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<PAGE> PAGE 2
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013 A00AA01 KPMG PEAT MARWICK LLP
013 B01AA01 HOUSTON
013 B02AA01 TX
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022 A000002 MORGAN STANLEY & CO. INC.
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<PAGE> PAGE 3
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SIGNATURE JOHN J. ARTHUR
TITLE SR. V.P. & TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information for the Institutional
Class of the Cash Reserve Portfolio of Tax-Free Investments Co. for the
six months ended September 30, 1996.
</LEGEND>
<CIK> 0000205010
<NAME> TAX-FREE INVESTMENTS CO.
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<NUMBER> 2
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This schedule contains summary financial information for the Private Invesment
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<NAME> TAX-FREE INVESTMENTS CO.
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