<PAGE> PAGE 1
000 A000000 08/31/94
000 C000000 0000315748
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 2.2
000 J000000 U
001 A000000 T. ROWE PRICE TAX-EXEMPT MONEY FUND, INC.
001 B000000 811-3055
001 C000000 4105472000
002 A000000 100 EAST PRATT STREET
002 B000000 BALTIMORE
002 C000000 MD
002 D010000 21202
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
018 000000 Y
019 A000000 Y
019 B000000 61
019 C000000 TROWEPRICE
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 340839
022 D000001 31900
022 A000002 MERRILL LYNCH, PIERCE, FENNER & SMITH
022 B000002 13-5674085
022 C000002 267120
022 D000002 74652
022 A000003 MORGAN (J.P.) SECURITIES
022 B000003 13-3224016
022 C000003 80950
022 D000003 66950
022 A000004 SMITH BARNEY SHEARSON
022 B000004 13-1912900
<PAGE> PAGE 2
022 C000004 109756
022 D000004 34200
022 A000005 MORGAN STANLEY & CO INCORP
022 B000005 13-2655998
022 C000005 65385
022 D000005 47385
022 A000006 LEHMAN BROTHERS
022 B000006 13-2518466
022 C000006 71566
022 D000006 12600
022 A000007 NUVEEN (JOHN) & CO., INC.
022 B000007 36-2639476
022 C000007 42530
022 D000007 39930
022 A000008 DONALD, LUFLIN, JENNETTE
022 B000008 13-2741729
022 C000008 38800
022 D000008 36600
022 A000009 FIRST CHICAGO CAPITAL
022 B000009 36-3595942
022 C000009 35586
022 D000009 31500
022 A000010 FIRST BOSTON CORP (THE)
022 B000010 13-5659485
022 C000010 36860
022 D000010 27160
023 C000000 1306148
023 D000000 536396
024 000000 N
028 A010000 124716
028 A020000 1259
028 A030000 0
028 A040000 70055
028 B010000 90372
028 B020000 1149
028 B030000 0
028 B040000 95364
028 C010000 60026
028 C020000 1391
028 C030000 0
028 C040000 69086
028 D010000 76440
028 D020000 1304
028 D030000 0
028 D040000 89365
028 E010000 52014
028 E020000 1324
028 E030000 0
028 E040000 72762
028 F010000 63141
028 F020000 1468
<PAGE> PAGE 3
028 F030000 0
028 F040000 60683
028 G010000 466709
028 G020000 7895
028 G030000 0
028 G040000 457315
028 H000000 0
029 000000 N
030 A000000 0
030 B000000 0.00
030 C000000 0.00
062 A000000 Y
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
062 E000000 100.0
062 F000000 0.0
062 G000000 0.0
062 H000000 0.0
062 I000000 0.0
062 J000000 0.0
062 K000000 0.0
062 L000000 0.0
062 M000000 0.0
062 N000000 0.0
062 O000000 0.0
062 P000000 0.0
062 Q000000 0.0
062 R000000 0.0
063 A000000 59
063 B000000 0.0
064 A000000 Y
064 B000000 N
070 A010000 Y
070 A020000 N
070 B010000 N
070 B020000 N
070 C010000 N
070 C020000 N
070 D010000 N
070 D020000 N
070 E010000 N
070 E020000 N
070 F010000 N
070 F020000 N
070 G010000 N
070 G020000 N
070 H010000 N
070 H020000 N
070 I010000 N
070 I020000 N
<PAGE> PAGE 4
070 J010000 Y
070 J020000 N
070 K010000 Y
070 K020000 N
070 L010000 N
070 L020000 N
070 M010000 N
070 M020000 N
070 N010000 Y
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 Y
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000 0
071 B000000 0
071 C000000 0
071 D000000 0
072 A000000 6
072 B000000 10796
072 C000000 0
072 D000000 0
072 E000000 0
072 F000000 1734
072 G000000 0
072 H000000 0
072 I000000 373
072 J000000 45
072 K000000 5
072 L000000 13
072 M000000 8
072 N000000 25
072 O000000 0
072 P000000 0
072 Q000000 49
072 R000000 20
072 S000000 7
072 T000000 0
072 U000000 0
072 V000000 5
072 W000000 9
072 X000000 2293
072 Y000000 0
072 Z000000 8503
072AA000000 3
072BB000000 0
072CC010000 0
<PAGE> PAGE 5
072CC020000 70
072DD010000 8503
072DD020000 0
072EE000000 0
073 A010000 0.0110
073 A020000 0.0000
073 B000000 0.0000
073 C000000 0.0000
074 A000000 75
074 B000000 0
074 C000000 774857
074 D000000 0
074 E000000 0
074 F000000 0
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 36
074 K000000 0
074 L000000 5646
074 M000000 43
074 N000000 780657
074 O000000 26301
074 P000000 370
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 3864
074 S000000 0
074 T000000 750122
074 U010000 750505
074 U020000 0
074 V010000 1.00
074 V020000 0.00
074 W000000 0.0000
074 X000000 19331
074 Y000000 0
075 A000000 774610
075 B000000 0
076 000000 0.00
077 A000000 Y
077 B000000 N
077 C000000 Y
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
<PAGE> PAGE 6
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
077 Q010000 N
077 Q020000 N
077 Q030000 N
SIGNATURE JAMES S. RIEPE
TITLE VICE PRESIDENT
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000315748
<NAME> T. ROWE PRICE TAX-EXEMPT MONEY FUND, INC.
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1995
<PERIOD-END> AUG-31-1994
<INVESTMENTS-AT-COST> 775043
<INVESTMENTS-AT-VALUE> 774857
<RECEIVABLES> 5688
<ASSETS-OTHER> 112
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 780657
<PAYABLE-FOR-SECURITIES> 26301
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 4234
<TOTAL-LIABILITIES> 30535
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 750429
<SHARES-COMMON-STOCK> 750505
<SHARES-COMMON-PRIOR> 733216
<ACCUMULATED-NII-CURRENT> 142
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (263)
<ACCUM-APPREC-OR-DEPREC> (186)
<NET-ASSETS> 750122
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 10796
<OTHER-INCOME> 0
<EXPENSES-NET> 2293
<NET-INVESTMENT-INCOME> 8503
<REALIZED-GAINS-CURRENT> 3
<APPREC-INCREASE-CURRENT> (70)
<NET-CHANGE-FROM-OPS> 8436
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (8503)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 466709
<NUMBER-OF-SHARES-REDEEMED> 457315
<SHARES-REINVESTED> 7895
<NET-CHANGE-IN-ASSETS> 17222
<ACCUMULATED-NII-PRIOR> 142
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (267)
<GROSS-ADVISORY-FEES> 1734
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2293
<AVERAGE-NET-ASSETS> 774610
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .011
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> .011
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 1
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>