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001 A000000 THE GUARDIAN CASH FUND, IND.
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002 A000000 201 PARK AVENUE SOUTH
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<PAGE> PAGE 2
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<PAGE> PAGE 5
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SIGNATURE FRANK L. PEPE
TITLE VICE PRESIDENT CONTR
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
"Semiannual Report to Shareholders" and is qualified in its entirety by
reference to such financial statements. Furthermore, such financial information
is unaudited and is, therefore, a compilation thereof.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-30-1995
<PERIOD-START> JAN-01-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 360,254,493
<INVESTMENTS-AT-VALUE> 360,254,493
<RECEIVABLES> 322,272
<ASSETS-OTHER> 2,458
<OTHER-ITEMS-ASSETS> 231
<TOTAL-ASSETS> 360,579,454
<PAYABLE-FOR-SECURITIES> 852,036
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 505,396
<TOTAL-LIABILITIES> 1,357,432
<SENIOR-EQUITY> 3,592,220
<PAID-IN-CAPITAL-COMMON> 355,629,802
<SHARES-COMMON-STOCK> 35,922,022
<SHARES-COMMON-PRIOR> 38,698,584
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 359,222,022
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 11,047,222
<OTHER-INCOME> 0
<EXPENSES-NET> 983,437
<NET-INVESTMENT-INCOME> 10,063,785
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 10,063,785
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 10,063,785
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 9,859,898
<NUMBER-OF-SHARES-REDEEMED> 13,642,647
<SHARES-REINVESTED> 1,006,368
<NET-CHANGE-IN-ASSETS> (27,763,814)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 919,659
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 983,437
<AVERAGE-NET-ASSETS> 368,874,353
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> .38
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (.38)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.00
<EXPENSE-RATIO> .54
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>