<PAGE> PAGE 1
000 B000000 12/31/96
000 C000000 0000356305
000 D000000 N
000 E000000 NC
000 F000000 Y
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000 I000000 3.0
000 J000000 A
001 A000000 THE GUARDIAN CASH FUND, INC.
001 B000000 811-3324
001 C000000 2125981282
002 A000000 201 PARK AVE. SOUTH
002 B000000 NEW YORK
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002 D010000 10003
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020 A000001 MERRILL LYNCH, PIERCE, FENNER, SMITH & CO.
020 B000001 13-5674085
020 C000001 212
020 A000002 GOLDMAN SACHS & CO.
020 B000002 13-5108880
020 C000002 161
020 A000003 LEHMAN BROS.
020 B000003 13-2518460
020 C000003 154
020 A000004 JEFFERIES & CO.
020 B000004 95-2622900
020 C000004 136
020 A000005 CS FIRST BOSTON CORP.
020 B000005 13-5659485
020 C000005 130
020 A000006 BEAR STEARNS SECURITIES CORP.
020 B000006 13-4946705
020 C000006 97
020 A000007 SALOMON BROS., INC.
<PAGE> PAGE 2
020 B000007 13-3082694
020 C000007 90
020 A000008 INSTINET
020 B000008 13-2596491
020 C000008 82
020 A000009 NATWEST SECURITIES CORP.
020 B000009 13-3312778
020 C000009 80
020 A000010 MORGAN STANLEY & CO., INC.
020 B000010 13-2655998
020 C000010 80
021 000000 2630
022 A000001 STATE STREET BANK & TRUST CO.
022 B000001 04-1867445
022 C000001 9628713
022 D000001 0
022 A000002 LEHMAN COMMERCIAL PAPER
022 B000002 13-2518466
022 C000002 1229945
022 D000002 0
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022 C000003 659092
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022 C000004 520098
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022 A000005 MERRILL LYNCH, PIERCE, FENNER, SMITH & CO.
022 B000005 13-5674085
022 C000005 306979
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022 A000006 WILLIAMS CAPITAL GROUP INC.
022 B000006 13-3847879
022 C000006 137609
022 D000006 0
022 A000007 FORD MOTOR CREDIT CORP.
022 B000007 38-1612444
022 C000007 117996
022 D000007 0
022 A000008 LEHMAN BROS.
022 B000008 13-2518460
022 C000008 118572
022 D000008 0
022 A000009 AMERICAN GENERAL FINANCE
022 C000009 102989
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022 A000010 NUKKO SECURITIES CO.
022 B000010 94-1302123
022 C000010 88583
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<PAGE> PAGE 3
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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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SIGNATURE FRANK L. PEPE
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE GUARDIAN CASH FUND, INC.
This schedule contains financial information extracted from the
"Annual Report to Shareholders" dated December 31, 1996 and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-END> DEC-31-1996
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<SHARES-COMMON-PRIOR> 35682
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<EXPENSE-RATIO> .54
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<AVG-DEBT-PER-SHARE> 0
</TABLE>
