<PAGE> PAGE 1
000 A000000 01/31/95
000 C000000 0000355988
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 STATE BOND MONEY FUNDS, INC.
001 B000000 811-3299
001 C000000 6128350097
002 A000000 8400 NORMANDALE LAKE BLVD
002 B000000 MINNEAPOLIS
002 C000000 MN
002 D010000 55437
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 1
007 C010100 1
007 C020100 STATE BOND CASH MANAGEMENT FUND
007 C030100 N
007 C010200 2
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 SBM COMPANY
008 B00AA01 A
008 C00AA01 801-8318
008 D01AA01 MINNEAPOLIS
008 D02AA01 MN
008 D03AA01 55437
011 A00AA01 SBM FINANCIAL SERVICES, INC.
011 B00AA01 8-14810
011 C01AA01 MINNEAPOLIS
011 C02AA01 MN
011 C03AA01 55437
012 A00AA01 SBM COMPANY
012 B00AA01 85-05175
012 C01AA01 NEW ULM
012 C02AA01 MN
012 C03AA01 56073
013 A00AA01 DELOITTE & TOUCHE LLP
<PAGE> PAGE 2
013 B01AA01 MINNEAPOLIS
013 B02AA01 MN
013 B03AA01 55402
015 A00AA01 FIRST BANK NATIONAL ASSOCIATION
015 B00AA01 C
015 C01AA01 ST. PAUL
015 C02AA01 MN
015 C03AA01 55164
015 E01AA01 X
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 6
019 C00AA00 SBMCOMPANY
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 FIRST BANK NATIONAL ASSOC
022 B000001 41-1426709
022 C000001 7385
022 D000001 0
022 A000002 GENERAL ELECTRIC CAPITAL CORP
022 B000002 13-1500700
022 C000002 2062
022 D000002 0
022 A000003 AMERICAN EXPRESS CREDIT CORP
022 B000003 11-1988350
022 C000003 1827
022 D000003 0
022 A000004 AMERICAN GENERAL FINANCE CORP
022 B000004 35-0416090
022 C000004 1471
022 D000004 0
022 A000005 BENEFICIAL CORP
022 B000005 51-0003820
022 C000005 972
022 D000005 0
022 A000006 FORD MOTOR CREDIT CORP
022 B000006 38-1612444
022 C000006 936
022 D000006 0
022 A000007 DEERE JOHN CAPITAL CORP
022 B000007 36-2386361
022 C000007 873
<PAGE> PAGE 3
022 D000007 0
022 A000008 CIGNA CORP
022 B000008 51-0265347
022 C000008 843
022 D000008 0
022 A000009 ASSOCIATES CORP OF NORTH AMERICA
022 B000009 74-1494554
022 C000009 838
022 D000009 0
022 A000010 HOUSEHOLD FINANCE CORP
022 B000010 36-1239445
022 C000010 773
022 D000010 0
023 C000000 19382
023 D000000 0
024 00AA00 N
025 D00AA01 0
025 D00AA02 0
025 D00AA03 0
025 D00AA04 0
025 D00AA05 0
025 D00AA06 0
025 D00AA07 0
025 D00AA08 0
026 A000000 N
026 B000000 N
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
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028 A02AA00 5
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028 B01AA00 295
028 B02AA00 6
028 B03AA00 0
028 B04AA00 350
028 C01AA00 362
028 C02AA00 6
028 C03AA00 0
028 C04AA00 381
028 D01AA00 631
028 D02AA00 6
028 D03AA00 0
028 D04AA00 237
028 E01AA00 522
<PAGE> PAGE 4
028 E02AA00 7
028 E03AA00 0
028 E04AA00 523
028 F01AA00 644
028 F02AA00 9
028 F03AA00 0
028 F04AA00 604
028 G01AA00 2838
028 G02AA00 39
028 G03AA00 0
028 G04AA00 2399
028 H00AA00 0
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
042 A00AA00 0
042 B00AA00 0
042 C00AA00 100
042 D00AA00 0
042 E00AA00 0
042 F00AA00 0
042 G00AA00 0
042 H00AA00 0
043 00AA00 2
044 00AA00 0
045 00AA00 Y
046 00AA00 N
047 00AA00 Y
048 00AA00 0.600
048 A01AA00 0
048 A02AA00 0.000
048 B01AA00 0
048 B02AA00 0.000
048 C01AA00 0
048 C02AA00 0.000
048 D01AA00 0
048 D02AA00 0.000
048 E01AA00 0
<PAGE> PAGE 5
048 E02AA00 0.000
048 F01AA00 0
048 F02AA00 0.000
048 G01AA00 0
048 G02AA00 0.000
048 H01AA00 0
048 H02AA00 0.000
048 I01AA00 0
048 I02AA00 0.000
048 J01AA00 0
048 J02AA00 0.000
048 K01AA00 0
048 K02AA00 0.000
049 00AA00 N
050 00AA00 N
051 00AA00 N
052 00AA00 N
053 A00AA00 Y
053 B00AA00 Y
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 Y
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 N
057 00AA00 N
058 A00AA00 N
059 00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061 00AA00 1000
062 A00AA00 Y
062 B00AA00 59.3
062 C00AA00 0.0
062 D00AA00 0.0
062 E00AA00 0.0
062 F00AA00 0.0
062 G00AA00 0.0
062 H00AA00 0.0
<PAGE> PAGE 6
062 I00AA00 41.0
062 J00AA00 0.0
062 K00AA00 0.0
062 L00AA00 0.0
062 M00AA00 0.0
062 N00AA00 0.0
062 O00AA00 0.0
062 P00AA00 0.0
062 Q00AA00 0.0
062 R00AA00 -0.3
063 A00AA00 18
063 B00AA00 0.0
064 A00AA00 N
064 B00AA00 N
066 A00AA00 N
067 00AA00 N
068 A00AA00 N
068 B00AA00 N
069 00AA00 N
070 A01AA00 Y
070 A02AA00 N
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
070 M02AA00 N
070 N01AA00 Y
070 N02AA00 N
070 O01AA00 Y
070 O02AA00 N
070 P01AA00 N
070 P02AA00 N
<PAGE> PAGE 7
070 Q01AA00 N
070 Q02AA00 N
070 R01AA00 N
070 R02AA00 N
071 A00AA00 0
071 B00AA00 0
071 C00AA00 0
071 D00AA00 0
072 A00AA00 6
072 B00AA00 54
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072 D00AA00 0
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072 K00AA00 2
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072 V00AA00 0
072 W00AA00 1
072 X00AA00 43
072 Y00AA00 34
072 Z00AA00 45
072AA00AA00 0
072BB00AA00 0
072CC01AA00 0
072CC02AA00 0
072DD01AA00 45
072DD02AA00 0
072EE00AA00 0
073 A01AA00 0.0199
073 A02AA00 0.0000
073 B00AA00 0.0000
073 C00AA00 0.0000
074 A00AA00 10
074 B00AA00 0
074 C00AA00 2504
074 D00AA00 0
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<PAGE> PAGE 8
074 G00AA00 0
074 H00AA00 0
074 I00AA00 0
074 J00AA00 0
074 K00AA00 6
074 L00AA00 0
074 M00AA00 0
074 N00AA00 2520
074 O00AA00 0
074 P00AA00 8
074 Q00AA00 0
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074 R02AA00 0
074 R03AA00 0
074 R04AA00 14
074 S00AA00 0
074 T00AA00 2498
074 U01AA00 2498
074 U02AA00 0
074 V01AA00 1.00
074 V02AA00 0.00
074 W00AA00 1.0000
074 X00AA00 634
074 Y00AA00 0
075 A00AA00 2194
075 B00AA00 0
076 00AA00 0.00
077 A000000 N
078 000000 N
080 A00AA00 ST. PAUL FIRE & MARINE INSURANCE CO.
080 C00AA00 5000
081 A00AA00 Y
081 B00AA00 11
082 A00AA00 N
082 B00AA00 0
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 Y
085 B00AA00 N
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
<PAGE> PAGE 9
086 F010000 0
086 F020000 0
086 A01AA00 0
086 A02AA00 0
086 B01AA00 0
086 B02AA00 0
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086 D01AA00 0
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SIGNATURE KEITH MARTENS
TITLE VICE PRESIDENT
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS IN THE SEMI-ANNUAL REPORT AND IS QUALIFIED IN ITS ENTIRETY
BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000355988
<NAME> STATE BOND MONEY FUNDS, INC.
<SERIES>
<NUMBER> 1
<NAME> STATE BOND CASH MANAGEMENT FUND PORTFOLIO
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JUL-31-1995
<PERIOD-START> AUG-01-1994
<PERIOD-END> JAN-31-1995
<INVESTMENTS-AT-COST> 2,497,074
<INVESTMENTS-AT-VALUE> 2,503,643
<RECEIVABLES> 5,807
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2,519,826
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 22,184
<TOTAL-LIABILITIES> 22,184
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2,497,642
<SHARES-COMMON-STOCK> 2,497,642
<SHARES-COMMON-PRIOR> 2,019,543
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 2,497,642
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 53,990
<OTHER-INCOME> 0
<EXPENSES-NET> 9,039
<NET-INVESTMENT-INCOME> 44,951
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 44,951
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 44,951
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,838,279
<NUMBER-OF-SHARES-REDEEMED> 2,399,202
<SHARES-REINVESTED> 39,022
<NET-CHANGE-IN-ASSETS> 478,099
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 4,519
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 42,979
<AVERAGE-NET-ASSETS> 2,194,177
<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> .80
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
