SHORT TERM INCOME FUND INC
NSAR-A, 1998-04-27
Previous: GENERAL AMERICAN SEPARATE ACCOUNT TWO, 497J, 1998-04-27
Next: SOUTHDOWN INC, 10-K/A, 1998-04-27



000 A000000 02/28/98
000 C000000 0000312669
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 SHORT TERM INCOME FUND, INC.
001 B000000 811-2950
001 C000000 2128305200
002 A000000 600 FIFTH AVENUE
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10020
002 D020000 2302
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  2
007 C010100  1
007 C020100 MONEY MARKET PORTFOLIO
007 C030100 N
007 C010200  2
007 C020200 U.S. GOVERNMENT 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 REICH & TANG ASSET MANAGEMENT L.P.
008 B00AA01 A
008 C00AA01 801-47230
008 D01AA01 NEW YORK
008 D02AA01 NY
008 D03AA01 10020
008 D04AA01 2302
011 A00AA01 REICH & TANG DISTRIBUTORS, INC.
011 B00AA01 8-43429
011 C01AA01 NEW YORK
011 C02AA01 NY
011 C03AA01 10020
011 C04AA01 2302
012 A00AA01 REICH & TANG SERVICES, INC.
<PAGE>
012 B00AA01 84-2007
012 C01AA01 NEW YORK
012 C02AA01 NY
012 C03AA01 10020
012 C04AA01 2302
013 A00AA01 MCGLADREY & PULLEN LLP
013 B01AA01 NEW YORK
013 B02AA01 NY
013 B03AA01 10017
015 A00AA01 INVESTORS FIDUCIARY TRUST COMPANY
015 B00AA01 C
015 C01AA01 KANSAS CITY
015 C02AA01 MO
015 C03AA01 64105
015 E01AA01 X
018  00AA00 Y
019 A00AA00 Y
019 B00AA00   21
019 C00AA00 REICHTANGI
020 C000001      0
020 C000002      0
020 C000003      0
020 C000004      0
020 C000005      0
020 C000006      0
020 C000007      0
020 C000008      0
020 C000009      0
020 C000010      0
021  000000        0
022 A000001 GOLDMAN, SACHS & CO.
022 B000001 13-5108880
022 C000001  21915990
022 D000001         0
022 A000002 DONLADSON, LUFKIN & JENRETTE SECURITIES CORP.
022 B000002 13-2741729
022 C000002  13393000
022 D000002         0
022 A000003 CANADIAN IMPERIAL BANK OF COMMERCE
022 B000003 13-1942440
022 C000003  15564998
022 D000003         0
022 A000004 FUJI SECURITIES, INC.
022 B000004 36-2880742
022 C000004   9823079
022 D000004         0
022 A000005 MORGAN STANLEY & CO. INCORPORATED
022 B000005 13-2655998
022 C000005   3795971
022 D000005         0
022 A000006 MORGAN (J.P.) SECURITIES INC.
<PAGE>
022 B000006 13-3224016
022 C000006   1621346
022 D000006         0
022 A000007 BANK OF AMERICA NT & SA
022 B000007 94-1687665
022 C000007    586681
022 D000007    177371
022 A000008 CHASE SECURITIES, INC.
022 B000008 13-3112953
022 C000008    239539
022 D000008      9817
022 A000009 BANC ONE CAPITAL CORPORATION
022 B000009 31-1017233
022 C000009    172348
022 D000009         0
022 A000010 CREDIT SUISSE FIRST BOSTON
022 B000010 13-5659485
022 C000010    147648
022 D000010     14709
023 C000000   79857468
023 D000000     213977
024  00AA00 N
026 A000000 N
026 B000000 N
026 C000000 N
026 D000000 N
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027  000000 Y
029  00AA00 N
030 A00AA00      0
030 B00AA00  0.00
030 C00AA00  0.00
031 A00AA00      0
031 B00AA00      0
032  00AA00      0
033  00AA00      0
034  00AA00 N
035  00AA00      0
036 B00AA00      0
037  00AA00 N
038  00AA00      0
039  00AA00 N
040  00AA00 Y
041  00AA00 Y
054 A00AA00 Y
054 B00AA00 N
054 C00AA00 N
<PAGE>
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 N
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 N
055 A00AA00 N
055 B00AA00 N
056  00AA00 Y
057  00AA00 N
058 A00AA00 N
059  00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061  00AA00     1000
066 A00AA00 N
067  00AA00 N
068 A00AA00 N
068 B00AA00 N
069  00AA00 N
070 A01AA00 Y
070 A02AA00 Y
070 B01AA00 N
070 B02AA00 N
070 C01AA00 N
070 C02AA00 N
070 D01AA00 N
070 D02AA00 N
070 E01AA00 N
070 E02AA00 N
070 F01AA00 N
070 F02AA00 N
070 G01AA00 N
070 G02AA00 N
070 H01AA00 N
070 H02AA00 N
070 I01AA00 N
070 I02AA00 N
070 J01AA00 N
070 J02AA00 N
070 K01AA00 N
070 K02AA00 N
070 L01AA00 Y
070 L02AA00 N
070 M01AA00 N
<PAGE>
070 M02AA00 N
070 N01AA00 N
070 N02AA00 N
070 O01AA00 Y
070 O02AA00 N
070 P01AA00 N
070 P02AA00 N
070 Q01AA00 N
070 Q02AA00 N
070 R01AA00 N
070 R02AA00 N
077 A000000 Y
077 B000000 N
077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 N000000 N
077 O000000 N
077 P000000 N
077 Q010000 Y
077 Q020000 N
077 Q030000 N
078  000000 N
028 A010100    178646
028 A020100      4032
028 A030100         0
028 A040100    154939
028 B010100    174482
028 B020100      4059
028 B030100         0
028 B040100    163029
028 C010100    142193
028 C020100      4549
028 C030100         0
028 C040100    110247
028 D010100     99772
028 D020100      4037
028 D030100         0
028 D040100    177203
028 E010100    198097
028 E020100      4416
028 E030100         0
028 E040100    144038
028 F010100    145573
<PAGE>
028 F020100      4442
028 F030100         0
028 F040100     85018
028 G010100    938763
028 G020100     25535
028 G030100         0
028 G040100    834474
028 H000100         0
042 A000100   0
042 B000100   0
042 C000100 100
042 D000100   0
042 E000100   0
042 F000100   0
042 G000100   0
042 H000100   0
043  000100   1111
044  000100   1090
045  000100 Y
046  000100 N
047  000100 Y
048  000100  0.000
048 A010100   750000
048 A020100 0.300
048 B010100   750000
048 B020100 0.290
048 C010100   250000
048 C020100 0.280
048 D010100        0
048 D020100 0.270
048 E010100        0
048 E020100 0.000
048 F010100        0
048 F020100 0.000
048 G010100        0
048 G020100 0.000
048 H010100        0
048 H020100 0.000
048 I010100        0
048 I020100 0.000
048 J010100        0
048 J020100 0.000
048 K010100        0
048 K020100 0.000
053 A000100 Y
053 B000100 Y
053 C000100 N
062 A000100 Y
062 B000100   0.0
062 C000100   0.8
062 D000100   3.5
<PAGE>
062 E000100   0.0
062 F000100  14.6
062 G000100   0.0
062 H000100   0.0
062 I000100  39.7
062 J000100   0.0
062 K000100   0.0
062 L000100  41.4
062 M000100   0.0
062 N000100   0.0
062 O000100   0.0
062 P000100   0.0
062 Q000100   0.0
062 R000100   0.0
063 A000100  64
063 B000100  0.0
064 A000100 Y
064 B000100 N
071 A000100         0
071 B000100         0
071 C000100         0
071 D000100    0
072 A000100  6
072 B000100    32514
072 C000100        0
072 D000100        0
072 E000100        0
072 F000100     1676
072 G000100     1192
072 H000100        0
072 I000100      909
072 J000100       51
072 K000100       68
072 L000100       20
072 M000100       14
072 N000100       61
072 O000100        0
072 P000100        0
072 Q000100       33
072 R000100       13
072 S000100       17
072 T000100     1111
072 U000100        0
072 V000100        0
072 W000100       27
072 X000100     5192
072 Y000100      286
072 Z000100    27608
072AA000100       47
072BB000100        0
072CC010100        0
<PAGE>
072CC020100        0
072DD010100    21056
072DD020100     6283
072EE000100        0
073 A010100   0.0235
073 A020100   0.0252
073 B000100   0.0000
073 C000100   0.0000
074 A000100      916
074 B000100    42000
074 C000100  1154454
074 D000100        0
074 E000100        0
074 F000100        0
074 G000100        0
074 H000100        0
074 I000100        0
074 J000100        0
074 K000100        0
074 L000100     4336
074 M000100        0
074 N000100  1201706
074 O000100        0
074 P000100      670
074 Q000100        0
074 R010100        0
074 R020100        0
074 R030100        0
074 R040100     2457
074 S000100        0
074 T000100  1198579
074 U010100   939572
074 U020100   260740
074 V010100     1.00
074 V020100     1.00
074 W000100   0.9986
074 X000100    72427
074 Y000100        0
075 A000100  1144952
075 B000100        0
076  000100     0.00
028 A010200     50762
028 A020200      2869
028 A030200         0
028 A040200     89679
028 B010200     99343
028 B020200      2910
028 B030200         0
028 B040200     96823
028 C010200    108418
028 C020200      3227
<PAGE>
028 C030200         0
028 C040200    105452
028 D010200    116573
028 D020200      2813
028 D030200         0
028 D040200    155354
028 E010200    126638
028 E020200      3013
028 E030200         0
028 E040200    112260
028 F010200    119987
028 F020200      3099
028 F030200         0
028 F040200     95382
028 G010200    621721
028 G020200     17931
028 G030200         0
028 G040200    654950
028 H000200         0
042 A000200   0
042 B000200   0
042 C000200 100
042 D000200   0
042 E000200   0
042 F000200   0
042 G000200   0
042 H000200   0
043  000200    876
044  000200    807
045  000200 Y
046  000200 N
047  000200 Y
048  000200  0.000
048 A010200   250000
048 A020200 0.275
048 B010200        0
048 B020200 0.250
048 C010200        0
048 C020200 0.000
048 D010200        0
048 D020200 0.000
048 E010200        0
048 E020200 0.000
048 F010200        0
048 F020200 0.000
048 G010200        0
048 G020200 0.000
048 H010200        0
048 H020200 0.000
048 I010200        0
048 I020200 0.000
<PAGE>
048 J010200        0
048 J020200 0.000
048 K010200        0
048 K020200 0.000
053 A000200 N
062 A000200 Y
062 B000200  21.5
062 C000200   0.0
062 D000200  78.2
062 E000200   0.0
062 F000200   0.0
062 G000200   0.0
062 H000200   0.0
062 I000200   0.0
062 J000200   0.0
062 K000200   0.0
062 L000200   0.3
062 M000200   0.0
062 N000200   0.0
062 O000200   0.0
062 P000200   0.0
062 Q000200   0.0
062 R000200   0.0
063 A000200  29
063 B000200  0.0
064 A000200 Y
064 B000200 N
071 A000200         0
071 B000200         0
071 C000200         0
071 D000200    0
072 A000200  6
072 B000200    21772
072 C000200        0
072 D000200        0
072 E000200        0
072 F000200     1005
072 G000200      818
072 H000200        0
072 I000200      439
072 J000200       25
072 K000200        6
072 L000200        2
072 M000200        8
072 N000200       24
072 O000200        0
072 P000200        0
072 Q000200       23
072 R000200        6
072 S000200       13
072 T000200      876
<PAGE>
072 U000200        0
072 V000200        0
072 W000200       14
072 X000200     3259
072 Y000200        1
072 Z000200    18514
072AA000200        0
072BB000200        0
072CC010200        0
072CC020200        0
072DD010200    16544
072DD020200     1970
072EE000200        0
073 A010200   0.0234
073 A020200   0.0250
073 B000200   0.0000
073 C000200   0.0000
074 A000200      735
074 B000200   617000
074 C000200   170187
074 D000200        0
074 E000200        0
074 F000200        0
074 G000200        0
074 H000200        0
074 I000200        0
074 J000200        0
074 K000200        0
074 L000200     3302
074 M000200        0
074 N000200   791224
074 O000200        0
074 P000200      443
074 Q000200        0
074 R010200        0
074 R020200        0
074 R030200        0
074 R040200     1531
074 S000200        0
074 T000200   789250
074 U010200   702629
074 U020200    86621
074 V010200     1.00
074 V020200     1.00
074 W000200   1.0001
074 X000200    13053
074 Y000200        0
075 A000200   785495
075 B000200        0
076  000200     0.00
<PAGE>
SIGNATURE   BERNADETTE N. FINN
TITLE       SECRETARY 
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>           6
<LEGEND>            The  schedule   contains   summary   financial   information
                    extracted  from  the  financial  statements  and  supporting
                    schedules  as of the end of the most  current  period and is
                    qualified in its  entirety by  reference  to such  financial
                    statements.
</LEGEND>
<CIK>               0000312669
<NAME>              Short Term Income Fund, Inc.
<SERIES>            Money Market Portfolio
<NUMBER>            1
<NAME>              Class A
       
<S>                               <C>    
<FISCAL-YEAR-END>             AUG-31-1998
<PERIOD-START>                SEP-01-1997
<PERIOD-END>                  FEB-28-1998
<PERIOD-TYPE>                 6-mos
<INVESTMENTS-AT-COST>         1196454455
<INVESTMENTS-AT-VALUE>        1196454455
<RECEIVABLES>                 4335731
<ASSETS-OTHER>                0
<OTHER-ITEMS-ASSETS>          916091
<TOTAL-ASSETS>                1201706277
<PAYABLE-FOR-SECURITIES>      0
<SENIOR-LONG-TERM-DEBT>       0
<OTHER-ITEMS-LIABILITIES>     3126820
<TOTAL-LIABILITIES>           3126820
<SENIOR-EQUITY>               0
<PAID-IN-CAPITAL-COMMON>      1200311570
<SHARES-COMMON-STOCK>         1200311570
<SHARES-COMMON-PRIOR>         1070487643
<ACCUMULATED-NII-CURRENT>     462579
<OVERDISTRIBUTION-NII>        0
<ACCUMULATED-NET-GAINS>       (2194692)
<OVERDISTRIBUTION-GAINS>      0
<ACCUM-APPREC-OR-DEPREC>      0
<NET-ASSETS>                  1198579457
<DIVIDEND-INCOME>             0
<INTEREST-INCOME>             32514324
<OTHER-INCOME>                0
<EXPENSES-NET>                4906422
<NET-INVESTMENT-INCOME>       27607902
<REALIZED-GAINS-CURRENT>      47274
<APPREC-INCREASE-CURRENT>     0
<NET-CHANGE-FROM-OPS>         27655176
<EQUALIZATION>                0
<DISTRIBUTIONS-OF-INCOME>     27339760
<DISTRIBUTIONS-OF-GAINS>      0
<DISTRIBUTIONS-OTHER>         0
<NUMBER-OF-SHARES-SOLD>       938762848
<NUMBER-OF-SHARES-REDEEMED>   834474370
<SHARES-REINVESTED>           25535449
<NET-CHANGE-IN-ASSETS>        130139343
<ACCUMULATED-NII-PRIOR>       194437
<ACCUMULATED-GAINS-PRIOR>     (2241966)
<OVERDISTRIB-NII-PRIOR>       0
<OVERDIST-NET-GAINS-PRIOR>    0
<GROSS-ADVISORY-FEES>         1676539
<INTEREST-EXPENSE>            0
<GROSS-EXPENSE>               5192422
<AVERAGE-NET-ASSETS>          1144951872
<PER-SHARE-NAV-BEGIN>         1.00
<PER-SHARE-NII>               .02
<PER-SHARE-GAIN-APPREC>       0
<PER-SHARE-DIVIDEND>          .02
<PER-SHARE-DISTRIBUTIONS>     0
<RETURNS-OF-CAPITAL>          0
<PER-SHARE-NAV-END>           1.00
<EXPENSE-RATIO>               .94
<AVG-DEBT-OUTSTANDING>        0
<AVG-DEBT-PER-SHARE>          0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>           6
<LEGEND>            The  schedule   contains   summary   financial   information
                    extracted  from  the  financial  statements  and  supporting
                    schedules  as of the end of the most  current  period and is
                    qualified in its  entirety by  reference  to such  financial
                    statements.
</LEGEND>
<CIK>               0000312669
<NAME>              Short Term Income Fund, Inc.
<SERIES>            Money Market Portfolio
<NUMBER>            2
<NAME>              Class B
       
<S>                               <C>    
<FISCAL-YEAR-END>             AUG-31-1998
<PERIOD-START>                SEP-01-1997
<PERIOD-END>                  FEB-28-1998
<PERIOD-TYPE>                 6-mos
<INVESTMENTS-AT-COST>         1196454455
<INVESTMENTS-AT-VALUE>        1196454455
<RECEIVABLES>                 4335731
<ASSETS-OTHER>                0
<OTHER-ITEMS-ASSETS>          916091
<TOTAL-ASSETS>                1201706277
<PAYABLE-FOR-SECURITIES>      0
<SENIOR-LONG-TERM-DEBT>       0
<OTHER-ITEMS-LIABILITIES>     3126820
<TOTAL-LIABILITIES>           3126820
<SENIOR-EQUITY>               0
<PAID-IN-CAPITAL-COMMON>      1200311570
<SHARES-COMMON-STOCK>         1200311570
<SHARES-COMMON-PRIOR>         1070487643
<ACCUMULATED-NII-CURRENT>     462579
<OVERDISTRIBUTION-NII>        0
<ACCUMULATED-NET-GAINS>       (2194692)
<OVERDISTRIBUTION-GAINS>      0
<ACCUM-APPREC-OR-DEPREC>      0
<NET-ASSETS>                  1198579457
<DIVIDEND-INCOME>             0
<INTEREST-INCOME>             32514324
<OTHER-INCOME>                0
<EXPENSES-NET>                4906422
<NET-INVESTMENT-INCOME>       27607902
<REALIZED-GAINS-CURRENT>      47274
<APPREC-INCREASE-CURRENT>     0
<NET-CHANGE-FROM-OPS>         27655176
<EQUALIZATION>                0
<DISTRIBUTIONS-OF-INCOME>     27339760
<DISTRIBUTIONS-OF-GAINS>      0
<DISTRIBUTIONS-OTHER>         0
<NUMBER-OF-SHARES-SOLD>       938762848
<NUMBER-OF-SHARES-REDEEMED>   834474370
<SHARES-REINVESTED>           25535449
<NET-CHANGE-IN-ASSETS>        130139343
<ACCUMULATED-NII-PRIOR>       194437
<ACCUMULATED-GAINS-PRIOR>     (2241966)
<OVERDISTRIB-NII-PRIOR>       0
<OVERDIST-NET-GAINS-PRIOR>    0
<GROSS-ADVISORY-FEES>         1676539
<INTEREST-EXPENSE>            0
<GROSS-EXPENSE>               5192422
<AVERAGE-NET-ASSETS>          1144951872
<PER-SHARE-NAV-BEGIN>         1.00
<PER-SHARE-NII>               .03
<PER-SHARE-GAIN-APPREC>       0
<PER-SHARE-DIVIDEND>          .03
<PER-SHARE-DISTRIBUTIONS>     0
<RETURNS-OF-CAPITAL>          0
<PER-SHARE-NAV-END>           1.00
<EXPENSE-RATIO>               .59
<AVG-DEBT-OUTSTANDING>        0
<AVG-DEBT-PER-SHARE>          0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>           6
<LEGEND>            The  schedule   contains   summary   financial   information
                    extracted  from  the  financial  statements  and  supporting
                    schedules  as of the end of the most  current  period and is
                    qualified in its  entirety by  reference  to such  financial
                    statements.
</LEGEND>
<CIK>               0000312669
<NAME>              Short Term Income Fund, Inc.
<SERIES>            U.S. Government Portfolio
<NUMBER>            3
<NAME>              Class A
       
<S>                               <C>    
<FISCAL-YEAR-END>             AUG-31-1998
<PERIOD-START>                SEP-01-1997
<PERIOD-END>                  FEB-28-1998
<PERIOD-TYPE>                 6-mos
<INVESTMENTS-AT-COST>         787186884
<INVESTMENTS-AT-VALUE>        787186884
<RECEIVABLES>                 3302262
<ASSETS-OTHER>                0
<OTHER-ITEMS-ASSETS>          734425
<TOTAL-ASSETS>                791223571
<PAYABLE-FOR-SECURITIES>      0
<SENIOR-LONG-TERM-DEBT>       0
<OTHER-ITEMS-LIABILITIES>     1973427
<TOTAL-LIABILITIES>           1973427
<SENIOR-EQUITY>               0
<PAID-IN-CAPITAL-COMMON>      789250144
<SHARES-COMMON-STOCK>         789250144
<SHARES-COMMON-PRIOR>         804547598
<ACCUMULATED-NII-CURRENT>     0
<OVERDISTRIBUTION-NII>        0
<ACCUMULATED-NET-GAINS>       0
<OVERDISTRIBUTION-GAINS>      0
<ACCUM-APPREC-OR-DEPREC>      0
<NET-ASSETS>                  789250144
<DIVIDEND-INCOME>             0
<INTEREST-INCOME>             21772539
<OTHER-INCOME>                0
<EXPENSES-NET>                3258176
<NET-INVESTMENT-INCOME>       18514363
<REALIZED-GAINS-CURRENT>      187048
<APPREC-INCREASE-CURRENT>     0
<NET-CHANGE-FROM-OPS>         18514363
<EQUALIZATION>                0
<DISTRIBUTIONS-OF-INCOME>     18514363
<DISTRIBUTIONS-OF-GAINS>      0
<DISTRIBUTIONS-OTHER>         0
<NUMBER-OF-SHARES-SOLD>       621721247
<NUMBER-OF-SHARES-REDEEMED>   654949703
<SHARES-REINVESTED>           17931002
<NET-CHANGE-IN-ASSETS>        (15297454)
<ACCUMULATED-NII-PRIOR>       0
<ACCUMULATED-GAINS-PRIOR>     0
<OVERDISTRIB-NII-PRIOR>       0
<OVERDIST-NET-GAINS-PRIOR>    1004792
<GROSS-ADVISORY-FEES>         1004792
<INTEREST-EXPENSE>            0
<GROSS-EXPENSE>               3259305
<AVERAGE-NET-ASSETS>          785495253
<PER-SHARE-NAV-BEGIN>         1.00
<PER-SHARE-NII>               .02
<PER-SHARE-GAIN-APPREC>       0
<PER-SHARE-DIVIDEND>          .02
<PER-SHARE-DISTRIBUTIONS>     0
<RETURNS-OF-CAPITAL>          0
<PER-SHARE-NAV-END>           1.00
<EXPENSE-RATIO>               .87
<AVG-DEBT-OUTSTANDING>        0
<AVG-DEBT-PER-SHARE>          0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>           6
<LEGEND>            The  schedule   contains   summary   financial   information
                    extracted  from  the  financial  statements  and  supporting
                    schedules  as of the end of the most  current  period and is
                    qualified in its  entirety by  reference  to such  financial
                    statements.
</LEGEND>
<CIK>               0000312669
<NAME>              Short Term Income Fund, Inc.
<SERIES>            U.S. Government Portfolio
<NUMBER>            4
<NAME>              Class B
       
<S>                               <C>    
<FISCAL-YEAR-END>             AUG-31-1998
<PERIOD-START>                SEP-01-1997
<PERIOD-END>                  FEB-28-1998
<PERIOD-TYPE>                 6-mos
<INVESTMENTS-AT-COST>         787186884
<INVESTMENTS-AT-VALUE>        787186884
<RECEIVABLES>                 3302262
<ASSETS-OTHER>                0
<OTHER-ITEMS-ASSETS>          734425
<TOTAL-ASSETS>                791223571
<PAYABLE-FOR-SECURITIES>      0
<SENIOR-LONG-TERM-DEBT>       0
<OTHER-ITEMS-LIABILITIES>     1973427
<TOTAL-LIABILITIES>           1973427
<SENIOR-EQUITY>               0
<PAID-IN-CAPITAL-COMMON>      789250144
<SHARES-COMMON-STOCK>         789250144
<SHARES-COMMON-PRIOR>         804547598
<ACCUMULATED-NII-CURRENT>     0
<OVERDISTRIBUTION-NII>        0
<ACCUMULATED-NET-GAINS>       0
<OVERDISTRIBUTION-GAINS>      0
<ACCUM-APPREC-OR-DEPREC>      0
<NET-ASSETS>                  789250144
<DIVIDEND-INCOME>             0
<INTEREST-INCOME>             21772539
<OTHER-INCOME>                0
<EXPENSES-NET>                3258176
<NET-INVESTMENT-INCOME>       18514363
<REALIZED-GAINS-CURRENT>      0
<APPREC-INCREASE-CURRENT>     0
<NET-CHANGE-FROM-OPS>         18514363
<EQUALIZATION>                0
<DISTRIBUTIONS-OF-INCOME>     18514363
<DISTRIBUTIONS-OF-GAINS>      0
<DISTRIBUTIONS-OTHER>         0
<NUMBER-OF-SHARES-SOLD>       621721247
<NUMBER-OF-SHARES-REDEEMED>   654949703
<SHARES-REINVESTED>           17931002
<NET-CHANGE-IN-ASSETS>        (15297454)
<ACCUMULATED-NII-PRIOR>       0
<ACCUMULATED-GAINS-PRIOR>     0
<OVERDISTRIB-NII-PRIOR>       0
<OVERDIST-NET-GAINS-PRIOR>    1004792
<GROSS-ADVISORY-FEES>         1004792
<INTEREST-EXPENSE>            0
<GROSS-EXPENSE>               3259305
<AVERAGE-NET-ASSETS>          785495253
<PER-SHARE-NAV-BEGIN>         1.00
<PER-SHARE-NII>               .03
<PER-SHARE-GAIN-APPREC>       0
<PER-SHARE-DIVIDEND>          .03
<PER-SHARE-DISTRIBUTIONS>     0
<RETURNS-OF-CAPITAL>          0
<PER-SHARE-NAV-END>           1.00
<EXPENSE-RATIO>               .55
<AVG-DEBT-OUTSTANDING>        0
<AVG-DEBT-PER-SHARE>          0
        

</TABLE>


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission