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022 A000001 LEHMAN BROTHERS, INC.
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022 A000002 GOLDMAN, SACHS & CO.
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SIGNATURE GEORGE C. BOWEN
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 45129
<NAME> Daily Cash Accumulation Fund, Inc.
<S> <C>
<PERIOD-TYPE> 11-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> NOV-20-1997
<INVESTMENTS-AT-COST> 3,479,176,283
<INVESTMENTS-AT-VALUE> 3,479,176,283
<RECEIVABLES> 7,462,073
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 3,762,518
<TOTAL-ASSETS> 3,490,400,874
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 29,465,503
<TOTAL-LIABILITIES> 29,456,503
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3,461,468,087
<SHARES-COMMON-STOCK> 3,461,468,087
<SHARES-COMMON-PRIOR> 3,601,352,108
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 686,734
<ACCUMULATED-NET-GAINS> 154,018
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 3,460,935,371
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 178,113,142
<OTHER-INCOME> 0
<EXPENSES-NET> 21,876,314
<NET-INVESTMENT-INCOME> 156,236,828
<REALIZED-GAINS-CURRENT> 9,743
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 156,246,571
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 156,923,560
<DISTRIBUTIONS-OF-GAINS> 9,989
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 6,253,073,870
<NUMBER-OF-SHARES-REDEEMED> 6,530,178,608
<SHARES-REINVESTED> 137,220,717
<NET-CHANGE-IN-ASSETS> 0
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 136,963
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 11,792,209
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 23,067,498
<AVERAGE-NET-ASSETS> 3,558,000,000
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.04
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> 0.04
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.75
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
ACQUISITION OF DAILY CASH ACCUMULATION FUND, INC.
On November 21, 1997 the Trust acquired the net assets of Daily Cash
Accumulation Fund, Inc. The Trust issued 3,461,468,087 shares of beneficial
interest, valued at $3,461,468,087, in exchange for the net assets, resulting in
combined net assets of $13,332,998,832 on November 21, 1997. The exchange
qualified as a tax-free reorganization for federal income tax purposes.
