COMPOSITE CASH MANAGEMENT CO INC
NSAR-B, 1997-02-26
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<PAGE>      PAGE  1
000 B000000 12/31/96
000 C000000 0000312346
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 COMPOSITE CASH MANAGEMENT COMPANY
001 B000000 811-2941
001 C000000 5093533492
002 A000000 601 W MAIN, SUITE 801
002 B000000 SPOKANE
002 C000000 WA
002 D010000 99201
002 D020000 0613
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
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007 C010100  1
007 C020100 MONEY MARKET PORTFOLIO
007 C030100 N
007 C010200  2
007 C020200 TAX-EXEMPT PORTFOLIO
007 C030200 N
007 C010300  3
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
008 A00AA01 COMPOSITE RESEARCH & MANAGEMENT COMPANY, INC.
008 B00AA01 A
008 C00AA01 801-4855
008 D01AA01 SEATTLE
008 D02AA01 WA
008 D03AA01 98104
011 A00AA01 MURPHEY FAVRE, INC.
011 B00AA01 8-3641
011 C01AA01 SPOKANE
011 C02AA01 WA
011 C03AA01 99201
011 C04AA01 0613
012 A00AA01 MURPHEY FAVRE SECURITIES SERVICES, INC.
012 B00AA01 84-
<PAGE>      PAGE  2
012 C01AA01 SPOKANE
012 C02AA01 WA
012 C03AA01 99201
012 C04AA01 0613
013 A00AA01 LEMASTER & DANIELS
013 B01AA01 SPOKANE
013 B02AA01 WA
013 B03AA01 99201
014 A00AA01 MURPHEY FAVRE, INC.
014 B00AA01 8-3641
015 A00AA01 INVESTORS FIDUCIARY TRUST COMPANY
015 B00AA01 C
015 C01AA01 KANSAS CITY
015 C02AA01 MO
015 C03AA01 64105
015 E01AA01 X
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<PAGE>      PAGE  3
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<PAGE>      PAGE  4
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
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<PAGE>      PAGE  8
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<PAGE>      PAGE  9
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<PAGE>      PAGE  10
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<PAGE>      PAGE  11
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<PAGE>      PAGE  12
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SIGNATURE   JOHN T. WEST                                 
TITLE       SECRETARY           
 


<TABLE> <S> <C>
                                               
<ARTICLE>                                           6
<LEGEND>                                             
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
REGISTRANT'S ANNUAL 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>                                            Money Market Portfolio Class A
<SERIES>                                             
   <NUMBER>                                       011
   <NAME>                                         Class A
       
<S>                                                 <C>
<PERIOD-TYPE>                                       YEAR
<FISCAL-YEAR-END>                                   DEC-31-1996
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<DIVIDEND-INCOME>                                                             0
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</TABLE>

<TABLE> <S> <C>
                                               
<ARTICLE>                                           6
<LEGEND>                                             
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
REGISTRANT'S ANNUAL 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>                                    012
   <NAME>                                      Money Market Portfolio Class B
       
<S>                                                 <C>
<PERIOD-TYPE>                                       YEAR
<FISCAL-YEAR-END>                                   DEC-31-1996
<PERIOD-START>                                      JAN-01-1996
<PERIOD-END>                                        DEC-31-1996
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<INVESTMENTS-AT-VALUE>                                              229,367,191
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<DIVIDEND-INCOME>                                                             0
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<EQUALIZATION>                                                                0
<DISTRIBUTIONS-OF-INCOME>                                                (4,590)
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<GROSS-EXPENSE>                                                       1,743,595
<AVERAGE-NET-ASSETS>                                                203,772,999
<PER-SHARE-NAV-BEGIN>                                                      1.00
<PER-SHARE-NII>                                                            0.04
<PER-SHARE-GAIN-APPREC>                                                    0.00
<PER-SHARE-DIVIDEND>                                                      (0.04)
<PER-SHARE-DISTRIBUTIONS>                                                  0.00
<RETURNS-OF-CAPITAL>                                                       0.00
<PER-SHARE-NAV-END>                                                        1.00
<EXPENSE-RATIO>                                                            1.69
<AVG-DEBT-OUTSTANDING>                                                        0
<AVG-DEBT-PER-SHARE>                                                       0.00
        

</TABLE>

<TABLE> <S> <C>
                                               
<ARTICLE>                                           6
<LEGEND>                                             
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
REGISTRANT'S ANNUAL 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>                                    021
   <NAME>                                      Tax-Exempt Portfolio Class A
       
<S>                                                 <C>
<PERIOD-TYPE>                                       YEAR
<FISCAL-YEAR-END>                                   DEC-31-1996
<PERIOD-START>                                      JAN-01-1996
<PERIOD-END>                                        DEC-31-1996
<INVESTMENTS-AT-COST>                                                31,502,032
<INVESTMENTS-AT-VALUE>                                               31,502,032
<RECEIVABLES>                                                           541,972
<ASSETS-OTHER>                                                          120,613
<OTHER-ITEMS-ASSETS>                                                          0
<TOTAL-ASSETS>                                                       32,164,617
<PAYABLE-FOR-SECURITIES>                                                      0
<SENIOR-LONG-TERM-DEBT>                                                       0
<OTHER-ITEMS-LIABILITIES>                                               188,475
<TOTAL-LIABILITIES>                                                     188,475
<SENIOR-EQUITY>                                                               0
<PAID-IN-CAPITAL-COMMON>                                             31,976,142
<SHARES-COMMON-STOCK>                                                31,973,937
<SHARES-COMMON-PRIOR>                                                30,987,806
<ACCUMULATED-NII-CURRENT>                                                     0
<OVERDISTRIBUTION-NII>                                                        0
<ACCUMULATED-NET-GAINS>                                                       0
<OVERDISTRIBUTION-GAINS>                                                      0
<ACCUM-APPREC-OR-DEPREC>                                                      0
<NET-ASSETS>                                                         31,973,937
<DIVIDEND-INCOME>                                                             0
<INTEREST-INCOME>                                                     1,120,029
<OTHER-INCOME>                                                                0
<EXPENSES-NET>                                                         (173,071)
<NET-INVESTMENT-INCOME>                                                 946,958
<REALIZED-GAINS-CURRENT>                                                      0
<APPREC-INCREASE-CURRENT>                                                     0
<NET-CHANGE-FROM-OPS>                                                   946,958
<EQUALIZATION>                                                                0
<DISTRIBUTIONS-OF-INCOME>                                              (946,927)
<DISTRIBUTIONS-OF-GAINS>                                                      0
<DISTRIBUTIONS-OTHER>                                                         0
<NUMBER-OF-SHARES-SOLD>                                              54,027,014
<NUMBER-OF-SHARES-REDEEMED>                                         (53,980,784)
<SHARES-REINVESTED>                                                     939,909
<NET-CHANGE-IN-ASSETS>                                                  987,303
<ACCUMULATED-NII-PRIOR>                                                       0
<ACCUMULATED-GAINS-PRIOR>                                                     0
<OVERDISTRIB-NII-PRIOR>                                                       0
<OVERDIST-NET-GAINS-PRIOR>                                                    0
<GROSS-ADVISORY-FEES>                                                   139,482
<INTEREST-EXPENSE>                                                            0
<GROSS-EXPENSE>                                                         220,345
<AVERAGE-NET-ASSETS>                                                 31,484,757
<PER-SHARE-NAV-BEGIN>                                                      1.00
<PER-SHARE-NII>                                                            0.03
<PER-SHARE-GAIN-APPREC>                                                    0.00
<PER-SHARE-DIVIDEND>                                                      (0.03)
<PER-SHARE-DISTRIBUTIONS>                                                     0
<RETURNS-OF-CAPITAL>                                                          0
<PER-SHARE-NAV-END>                                                        1.00
<EXPENSE-RATIO>                                                             .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 ANNUAL 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>                                       YEAR
<FISCAL-YEAR-END>                                   DEC-31-1996
<PERIOD-START>                                      JAN-01-1996
<PERIOD-END>                                        DEC-31-1996
<INVESTMENTS-AT-COST>                                                31,502,032
<INVESTMENTS-AT-VALUE>                                               31,502,032
<RECEIVABLES>                                                           541,972
<ASSETS-OTHER>                                                          120,613
<OTHER-ITEMS-ASSETS>                                                          0
<TOTAL-ASSETS>                                                       32,164,617
<PAYABLE-FOR-SECURITIES>                                                      0
<SENIOR-LONG-TERM-DEBT>                                                       0
<OTHER-ITEMS-LIABILITIES>                                               188,475
<TOTAL-LIABILITIES>                                                     188,475
<SENIOR-EQUITY>                                                               0
<PAID-IN-CAPITAL-COMMON>                                             31,976,142
<SHARES-COMMON-STOCK>                                                     2,205
<SHARES-COMMON-PRIOR>                                                     1,033
<ACCUMULATED-NII-CURRENT>                                                     0
<OVERDISTRIBUTION-NII>                                                        0
<ACCUMULATED-NET-GAINS>                                                       0
<OVERDISTRIBUTION-GAINS>                                                      0
<ACCUM-APPREC-OR-DEPREC>                                                      0
<NET-ASSETS>                                                              2,205
<DIVIDEND-INCOME>                                                             0
<INTEREST-INCOME>                                                     1,120,029
<OTHER-INCOME>                                                                0
<EXPENSES-NET>                                                         (173,071)
<NET-INVESTMENT-INCOME>                                                 946,958
<REALIZED-GAINS-CURRENT>                                                      0
<APPREC-INCREASE-CURRENT>                                                     0
<NET-CHANGE-FROM-OPS>                                                   946,958
<EQUALIZATION>                                                                0
<DISTRIBUTIONS-OF-INCOME>                                                   (31)
<DISTRIBUTIONS-OF-GAINS>                                                      0
<DISTRIBUTIONS-OTHER>                                                         0
<NUMBER-OF-SHARES-SOLD>                                                   2,901
<NUMBER-OF-SHARES-REDEEMED>                                              (1,737)
<SHARES-REINVESTED>                                                           8
<NET-CHANGE-IN-ASSETS>                                                  987,303
<ACCUMULATED-NII-PRIOR>                                                       0
<ACCUMULATED-GAINS-PRIOR>                                                     0
<OVERDISTRIB-NII-PRIOR>                                                       0
<OVERDIST-NET-GAINS-PRIOR>                                                    0
<GROSS-ADVISORY-FEES>                                                   139,482
<INTEREST-EXPENSE>                                                            0
<GROSS-EXPENSE>                                                         220,345
<AVERAGE-NET-ASSETS>                                                 31,484,757
<PER-SHARE-NAV-BEGIN>                                                      1.00
<PER-SHARE-NII>                                                            0.02
<PER-SHARE-GAIN-APPREC>                                                    0.00
<PER-SHARE-DIVIDEND>                                                      (0.02)
<PER-SHARE-DISTRIBUTIONS>                                                     0
<RETURNS-OF-CAPITAL>                                                          0
<PER-SHARE-NAV-END>                                                        1.00
<EXPENSE-RATIO>                                                            1.53
<AVG-DEBT-OUTSTANDING>                                                        0
<AVG-DEBT-PER-SHARE>                                                          0
        

</TABLE>


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