UNITED CASH MANAGEMENT INC
NSAR-B, 1998-08-26
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<PAGE>      PAGE  1
000 B000000 06/30/98
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001 A000000 UNITED CASH MANAGEMENT, INC.
001 B000000 811-2922
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002 A000000 6300 LAMAR AVENUE  P.O. BOX 29217
002 B000000 SHAWNEE MISSION
002 C000000 KS
002 D010000 66201
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008 A000001 WADDELL & REED INVESTMENT MANAGEMENT COMPANY
008 B000001 A
008 C000001 801-40372
008 D010001 OVERLAND PARK
008 D020001 KS
008 D030001 66202
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010 A000001 WADDELL & REED SERVICES COMPANY
010 B000001 84-1062
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010 C020001 KS
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011 A000001 WADDELL & REED, INC.
011 B000001 8-15372
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<PAGE>      PAGE  2
011 C040001 4200
012 A000001 WADDELL & REED SERVICES COMPANY
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013 B010001 KANSAS CITY
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022 A000001 GOLDMAN, SACHS & CO.
022 B000001 13-5108880
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022 A000002 LEHMAN BROTHERS INC.
022 B000002 13-2518466
022 C000002   1394133
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022 A000003 MORGAN (J.P.) SECURITIES INC.
022 B000003 13-3224016
022 C000003   1227359
<PAGE>      PAGE  3
022 D000003     40116
022 A000004 SARA LEE CORPORATION
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022 A000005 GENERAL MILLS, INC.
022 C000005    449860
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022 A000006 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
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022 A000007 BANCAMERICA ROBERTSON STEPHENS
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022 A000008 ASSOCIATES CORP. OF NORTH AMERICA
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022 A000009 CHASE SECURITIES INC.
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022 A000010 CREDIT SUISSE FIRST BOSTON CORPORATION (THE)
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<PAGE>      PAGE  9
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SIGNATURE   THEODORE W. HOWARD                           
TITLE       V.P. & TREASURER    
 


<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM THE ANNUAL REPORT TO
SHAREHOLDERS DATED JUNE 30, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000311405
<NAME> UNITED CASH MANAGEMENT, INC.
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          JUN-30-1998
<PERIOD-END>                               JUN-30-1998
<INVESTMENTS-AT-COST>                      500,189,074
<INVESTMENTS-AT-VALUE>                     500,189,074
<RECEIVABLES>                               44,081,000
<ASSETS-OTHER>                                  18,000
<OTHER-ITEMS-ASSETS>                           292,000
<TOTAL-ASSETS>                             544,580,000
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    8,126,000
<TOTAL-LIABILITIES>                          8,126,000
<SENIOR-EQUITY>                              5,365,000
<PAID-IN-CAPITAL-COMMON>                   531,089,000
<SHARES-COMMON-STOCK>                      536,454,000
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
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<NET-ASSETS>                               536,454,000
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                           29,702,000
<OTHER-INCOME>                                       0
<EXPENSES-NET>                             (4,652,000)
<NET-INVESTMENT-INCOME>                     25,050,000
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                       25,050,000
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                 (25,050,000)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                  3,634,023,000
<NUMBER-OF-SHARES-REDEEMED>            (3,639,302,000)
<SHARES-REINVESTED>                         23,850,000
<NET-CHANGE-IN-ASSETS>                      18,661,000
<ACCUMULATED-NII-PRIOR>                              0
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<AVERAGE-NET-ASSETS>                       517,620,853
<PER-SHARE-NAV-BEGIN>                                1
<PER-SHARE-NII>                                    .05
<PER-SHARE-GAIN-APPREC>                              0
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<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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