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SIGNATURE JOHN T. WEST
TITLE SECRETARY
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<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 71,755
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 115,061
<AVERAGE-NET-ASSETS> 31,792,923
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.015
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (0.015)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.57
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
REGISTRANT'S SEMIANNUAL REPORT AND FORM N-SAR WHICH ARE ON FILE WITH THE
SECURITIES AND EXCHANGE COMMISSION AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH DOCUMENTS.
</LEGEND>
<CIK> 0000312346
<NAME> Composite Cash Management Company
<SERIES>
<NUMBER> 022
<NAME> Tax-Exempt Portfolio Class B
<S> <C>
<PERIOD-TYPE> 6-mos
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 31,851,138
<INVESTMENTS-AT-VALUE> 31,851,138
<RECEIVABLES> 573,380
<ASSETS-OTHER> 114,839
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 32,539,357
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,140,481
<TOTAL-LIABILITIES> 1,140,481
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 31,398,876
<SHARES-COMMON-STOCK> 12,353
<SHARES-COMMON-PRIOR> 2,205
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 31,398,876
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 587,501
<OTHER-INCOME> 0
<EXPENSES-NET> (88,401)
<NET-INVESTMENT-INCOME> 499,100
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 499,100
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (946,927)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 11,714
<NUMBER-OF-SHARES-REDEEMED> (1,623)
<SHARES-REINVESTED> 58
<NET-CHANGE-IN-ASSETS> (577,266)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 71,755
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 115,061
<AVERAGE-NET-ASSETS> 31,792,923
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.009
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (0.009)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 1.50
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
