ELFUN TRUSTS
NSAR-A, 1995-08-24
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<PAGE>      PAGE  1
000 A000000 06/30/95
000 C000000 0000032339
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000 J000000 A
001 A000000 ELFUN TRUSTS
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002 A000000 3003 SUMMER ST
002 B000000 STAMFORD
002 C000000 CT
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002 D020000 7900
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010 C030001 06904
010 C040001 7900
012 A000001 STATE STREET BANK AND TRUST CO.
012 B000001 85-05003
012 C010001 BOSTON
012 C020001 MA
012 C030001 02110
<PAGE>      PAGE  2
013 A000001 KPMG PEAT MARWICK
013 B010001 STAMFORD
013 B020001 CT
013 B030001 06905
014 A000001 KIDDER PEABODY & CO. INC
014 B000001 8-04831
014 A000002 GECC CAPITAL MARKETS GROUP, INC.
014 B000002 8-29149
014 A000003 POLARIS SECURITIES CORP.
014 B000003 8-29468
014 A000004 GNA SECURITIES, INC.
014 B000004 8-26614
014 A000005 GNA DISTRIBUTORS, INC.
014 B000005 8-46211
014 A000006 GE INVESTMENT SERVICES INC.
014 B000006 8-45710
014 A000007 PAINEWEBBER INCORPORATED
014 B000007 8-16267
014 A000008 MITCHELL HUTCHINS ASSET MANAGEMENT, INC.
014 B000008 8-21901
015 A000001 STATE STREET BANK & TRUST CO
015 B000001 C
015 C010001 BOSTON
015 C020001 MA
015 C030001 02110
015 E010001 X
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019 B000000    8
019 C000000 GEINVESTMT
020 A000001 WEEDEN & CO.
020 B000001 13-3364318
020 C000001     23
020 A000002 DONALDSON, LUFKIN & JENRETTE SECURITIES CORP.
020 B000002 13-2741729
020 C000002     11
020 A000003 FIDELITY BROKERAGE
020 B000003 04-2653569
020 C000003     10
020 A000004 BRIDGE DATA
020 B000004 43-1450530
020 C000004     10
020 A000005 HOENING & CO. USA
020 B000005 13-2656060
020 C000005      9
020 A000006 PRUDENTIAL SECURITIES, INC.
020 B000006 22-2347336
020 C000006      7
020 A000007 ROCHDALE SECURITIES CORP.
020 B000007 13-3360814
020 C000007      6
<PAGE>      PAGE  3
020 A000008 WERTHEIM SCHROEDER & CO., INC.
020 B000008 13-2697272
020 C000008      6
020 A000009 OPPENHEIMER & CO., INC.
020 B000009 13-2798343
020 C000009      6
020 A000010 SMITH BARNEY INC.
020 B000010 13-1912900
020 C000010      6
021  000000      188
022 A000001 CS FIRST BOSTON CORP.
022 B000001 13-5659485
022 C000001     95382
022 D000001         0
022 A000002 SALOMON BROTHERS INC.
022 B000002 13-3082694
022 C000002     77549
022 D000002         0
022 A000003 MORGAN STANLEY AND CO., INC.
022 B000003 13-2655998
022 C000003     55259
022 D000003         0
022 A000004 MORGAN, J.P. SECURITIES INC.
022 B000004 13-3224016
022 C000004     18327
022 D000004         0
022 A000005 BANK OF AMERICA
022 B000005 95-4035346
022 C000005     13380
022 D000005         0
022 A000006 SMITH BARNEY INC.
022 B000006 13-1912900
022 C000006      9867
022 D000006      1101
022 A000007 GOLDMAN SACHS & CO.
022 B000007 13-5108880
022 C000007      1642
022 D000007       836
022 A000008 BEAR STEARNS & CO., INC.
022 B000008 13-3299490
022 C000008       308
022 D000008       700
022 A000009 MERRILL LYNCH PIERCE FENNER & SMITH INC.
022 B000009 13-5674085
022 C000009       418
022 D000009       475
022 A000010 COWEN & CO.
022 B000010 13-5616116
022 C000010         0
022 D000010       670
023 C000000     277009
<PAGE>      PAGE  4
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<PAGE>      PAGE  6
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SIGNATURE   JEFF GROH                                    
TITLE       TREASURER           
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000032339
<NAME> ELFUN TRUSTS
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-START>                             JAN-01-1995
<PERIOD-END>                               JUN-30-1995
<INVESTMENTS-AT-COST>                           651291
<INVESTMENTS-AT-VALUE>                         1075985
<RECEIVABLES>                                     5691
<ASSETS-OTHER>                                      13
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                 1081689
<PAYABLE-FOR-SECURITIES>                          3397
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          721
<TOTAL-LIABILITIES>                               4118
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        606264
<SHARES-COMMON-STOCK>                            28972
<SHARES-COMMON-PRIOR>                            29129
<ACCUMULATED-NII-CURRENT>                        10967
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          35584
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        424756
<NET-ASSETS>                                   1077571
<DIVIDEND-INCOME>                                  828
<INTEREST-INCOME>                                11024
<OTHER-INCOME>                                   (191)
<EXPENSES-NET>                                   (693)
<NET-INVESTMENT-INCOME>                          10968
<REALIZED-GAINS-CURRENT>                         35077
<APPREC-INCREASE-CURRENT>                       136462
<NET-CHANGE-FROM-OPS>                           182507
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            703
<NUMBER-OF-SHARES-REDEEMED>                      (860)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                          177222
<ACCUMULATED-NII-PRIOR>                             35
<ACCUMULATED-GAINS-PRIOR>                          470
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<AVERAGE-NET-ASSETS>                           1002261
<PER-SHARE-NAV-BEGIN>                            30.91
<PER-SHARE-NII>                                   0.38
<PER-SHARE-GAIN-APPREC>                           5.90
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<PER-SHARE-NAV-END>                              37.19
<EXPENSE-RATIO>                                   0.14
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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