TRUST FOR UNITED STATES TREASURY OBLIGATIONS
NSAR-B, 1997-12-01
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<PAGE>      PAGE  1
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<PAGE>      PAGE  2
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<PAGE>      PAGE  7
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<PAGE>      PAGE  9
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SIGNATURE   S. ELLIOTT COHAN                             
TITLE       ASST. GEN. COUNSEL  
 


<TABLE> <S> <C>

                                                                               
<S>                             <C>                                            
                                                                               
<ARTICLE>                       6                                              
<SERIES>                                                                       
     <NUMBER>                   001                                            
     <NAME>                     Trust for U.S. Treasury Obligations            
                                                                               
                                                                               
<PERIOD-TYPE>                   12-mos                                         
<FISCAL-YEAR-END>               Sep-30-1997                                    
<PERIOD-END>                    Sep-30-1997                                    
<INVESTMENTS-AT-COST>           1,799,504,144                                  
<INVESTMENTS-AT-VALUE>          1,799,504,144                                  
<RECEIVABLES>                   6,205,556                                      
<ASSETS-OTHER>                  66,060                                         
<OTHER-ITEMS-ASSETS>            0                                              
<TOTAL-ASSETS>                  1,805,775,760                                  
<PAYABLE-FOR-SECURITIES>        0                                              
<SENIOR-LONG-TERM-DEBT>         0                                              
<OTHER-ITEMS-LIABILITIES>       8,612,672                                      
<TOTAL-LIABILITIES>             8,612,672                                      
<SENIOR-EQUITY>                 0                                              
<PAID-IN-CAPITAL-COMMON>        1,797,163,088                                  
<SHARES-COMMON-STOCK>           1,797,163,088                                  
<SHARES-COMMON-PRIOR>           2,660,938,561                                  
<ACCUMULATED-NII-CURRENT>       0                                              
<OVERDISTRIBUTION-NII>          0                                              
<ACCUMULATED-NET-GAINS>         0                                              
<OVERDISTRIBUTION-GAINS>        0                                              
<ACCUM-APPREC-OR-DEPREC>        0                                              
<NET-ASSETS>                    1,797,163,088                                  
<DIVIDEND-INCOME>               0                                              
<INTEREST-INCOME>               133,891,252                                    
<OTHER-INCOME>                  0                                              
<EXPENSES-NET>                  11,061,987                                     
<NET-INVESTMENT-INCOME>         122,829,265                                    
<REALIZED-GAINS-CURRENT>        0                                              
<APPREC-INCREASE-CURRENT>       0                                              
<NET-CHANGE-FROM-OPS>           122,829,265                                    
<EQUALIZATION>                  0                                              
<DISTRIBUTIONS-OF-INCOME>       122,829,265                                    
<DISTRIBUTIONS-OF-GAINS>        0                                              
<DISTRIBUTIONS-OTHER>           0                                              
<NUMBER-OF-SHARES-SOLD>         10,154,245,628                                 
<NUMBER-OF-SHARES-REDEEMED>     11,031,251,972                                 
<SHARES-REINVESTED>             13,230,871                                     
<NET-CHANGE-IN-ASSETS>          (863,775,473)                                  
<ACCUMULATED-NII-PRIOR>         0                                              
<ACCUMULATED-GAINS-PRIOR>       0                                              
<OVERDISTRIB-NII-PRIOR>         0                                              
<OVERDIST-NET-GAINS-PRIOR>      0                                              
<GROSS-ADVISORY-FEES>           9,753,169                                      
<INTEREST-EXPENSE>              0                                              
<GROSS-EXPENSE>                 18,391,039                                     
<AVERAGE-NET-ASSETS>            2,438,300,453                                  
<PER-SHARE-NAV-BEGIN>           1.000                                          
<PER-SHARE-NII>                 0.050                                          
<PER-SHARE-GAIN-APPREC>         0.000                                          
<PER-SHARE-DIVIDEND>            0.000                                          
<PER-SHARE-DISTRIBUTIONS>       0.050                                          
<RETURNS-OF-CAPITAL>            0.000                                          
<PER-SHARE-NAV-END>             1.000                                          
<EXPENSE-RATIO>                 0.45                                           
<AVG-DEBT-OUTSTANDING>          0                                              
<AVG-DEBT-PER-SHARE>            0.000                                          
                                                                               

</TABLE>


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