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<PAGE> PAGE 2
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<PAGE> PAGE 5
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SIGNATURE JEAN M MAURICE
TITLE TREASURER
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\par }\pard \qc\sl-240\slmult0\widctlpar\tx720 REPORT OF INDEPENDENT AUDITORS
\par
\par
\par
\par \pard \sl-240\slmult0\widctlpar
\par The Board of Trustees
\par Wayne Hummer Money Fund Trust
\par
\par \pard \qj\sl-240\slmult0\widctlpar In planning and performing our audit
of the financial statements of Wayne Hummer Money Fund Trust for the year
ended March 31, 1998, we considered its internal control,
including control activities for safeguarding securities, in order to
determine our auditing procedures for the purpose of expressing our opinion
on the financial statements and to comply with the requirements of Form
N-SAR, and not to provide assurance on the internal control.
\par
\par The management of Wayne Hummer Money Fund Trust is responsible for
establishing and maintaining internal control. In fulfilling this
responsibility, estimates and judgments by management are required to assess
the expected benefits and related costs of controls. Generally,
controls that are relevant to an audit pertain to the entity\rquote s
objective of preparing financial statements for external purposes that are
fairly presented in conformity with generally accepted accounting princ
iples. Those controls include the safeguarding of assets against
unauthorized acquisition, use or disposition.
\par
\par Because of inherent limitations in internal control, errors or fraud
may occur and not be detected. Also, projection of any evaluation of int
ernal control to future periods is subject to the risk that it may become
inadequate because of changes in conditions or that the effectiveness of the
design and operation may deteriorate.
\par \pard \sl-240\slmult0\widctlpar
\par \pard \qj\sl-240\slmult0\widctlpar
Our consideration of the internal control would not necessarily disclose all
matters in the internal control that might be material weaknesses under standa
rds established by the American Institute of Certified Public Accountants.
A material weakness is a condition in which the design or operation of one or
more of the internal control components does not reduce to a relatively low
level the risk that errors or fraud in amounts that would be material in
relation to the financial statements being audited may occur and not be
detected within a timely period by employees in the normal course of
performing their assigned functions. However, we noted no matters involving
the internal control and its operation, including procedures for safeguard
ing securities, that we consider to be material weaknesses as defined above
as of March 31, 1998.
\par \pard \sl-240\slmult0\widctlpar
\par This report is intended solely for the information and use of the Board
of Trustees and management of Wayne Hummer Money Fund Trust and the
Securities and Exchange Commission.
\par \pard \widctlpar
\par
\par \tab \tab \tab \tab \tab \tab \tab //{\f8\cchs256 ERNST & YOUNG LLP}{\f8
//}
\par
\par
\par Chicago, Illinois
\par May 1, 1998
\par
\par }
