MONEY MARKET MANAGEMENT
485B24E, 1997-02-14
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                                                  1933 Act File No. 2-49591
                                                 1940 Act File No. 811-2430

                    SECURITIES AND EXCHANGE COMMISSION
                          Washington, D.C. 20549

                                 Form N-1A

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933        x

   Pre-Effective Amendment No.          ..........

   Post-Effective Amendment No. 75  ..............        x

                                  and/or

REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940

   Amendment No.       ...........................

                       MONET MARKET MANAGEMENT, INC.
            (Exact Name of Registrant as Specified in Charter)

      Federated Investors Tower, Pittsburgh, Pennsylvania 15222-3779
                 (Address of Principal Executive Offices)

                              (412) 288-1900
                      (Registrant's Telephone Number)

                        John W. McGonigle, Esquire,
                        Federated Investors Tower,
                    Pittsburgh, Pennsylvania 15222-3779
                  (Name and Address of Agent for Service)

It is proposed that this filing will become effective:

 x  immediately upon filing pursuant to paragraph (b)
    on                   pursuant to paragraph (b)
       -----------------
    60 days after filing pursuant to paragraph (a) (i)
    on                 pursuant to paragraph (a) (i).
    75 days after filing pursuant to paragraph (a)(ii)
    on                   pursuant to paragraph (a)(ii) of Rule 485.
       -----------------

If appropriate, check the following box:

    This post-effective amendment designates a new effective date for a
previously filed post-effective amendment.

Registrant has filed with the Securities and Exchange Commission a
declaration pursuant to Rule 24f-2 under the Investment Company Act of
1940, and:

    filed the Notice required by that Rule on                  ; or
                                              -----------------
    intends to file the Notice required by that Rule on or about
               ; or
   ------------
 x   during the most recent fiscal year did not sell any securities
 pursuant to Rule 24f-2 under the Investment Company Act of 1940, and,
 pursuant to Rule 24f-2(b)(2), need not file the Notice.

                         Copies To:

Matthew G. Maloney, Esquire
Dickstein Shapiro Morin & Oshinsky LLP
2101 L Street, N.W.
Washington, D.C.  20037

CALCULATION OF REGISTRATION FEE UNDER THE SECURITIES ACT OF 1933


                                      Proposed
Title of                 Proposed     Maximum
Securities   Amount      Maximum      Aggregate    Amount of
Being        Being       Offering Price            Offering Registration
Registered   Registered  Per Unit     Price*       Fee

Common Stock             139,854,088         $1.00
   $139,854,088         $0.00
(Par Value $0.001)


*Registrant has elected to calculate its filing fee in the manner described
in Rule 24e-2 of the Investment Company Act of 1940.  The total amount of
securities redeemed during the previous fiscal year was 139,854,088. The
total amount of redeemed securities used for reductions pursuant to
paragraph (a) of Rule 24e-2 or paragraph (c) of Rule 24f-2 during the
current year was -0-.  The amount of redeemed securities being used for
reduction of the registration fee in this Amendment is 139,854,088.



                           CONTENTS OF AMENDMENT

  This Post-Effective Amendment No. 75 to the Registration Statement of
MONEY MARKET MANAGEMENT, INC. is comprised of the following papers and
documents:

     1.   The facing sheet to register a definite number of shares of
          common stock, par value $0.001, of MONEY MARKET MANAGEMENT, INC.;

     2.   The legal opinion of counsel for the Registrant, as to the
          legality of shares being offered; and as to the eligibility to
          become effective pursuant to Paragraph (b) of Rule 485; and

     3.   Signature page.


                                SIGNATURES

  Pursuant to the requirements of the Securities Act of 1933, the
Registrant, MONEY MARKET MANAGEMENT, INC. certifies that it meets all of
the requirements for effectiveness of this Amendment to its Registration
Statement pursuant to Rule 485(b) under the Securities Act of 1933 and has
duly caused this Amendment to its Registration Statement to be signed on
its behalf by the undersigned, thereunto duly authorized, in the City of
Pittsburgh and Commonwealth of Pennsylvania on the 14th day of February,
1997.

                       MONEY MARKET MANAGEMENT, INC.

          BY:  /s/ S. Elliott Cohan
              S. Elliott Cohan, Assistant Secretary
             Attorney in Fact for John F. Donahue
             February 14, 1997


  Pursuant to the requirements of the Securities Act of 1933, this
Amendment to its Registration Statement has been signed below by the
following person in the capacity and on the date indicated:

   NAME                     TITLE              DATE
By:  /s/ S. Elliott Cohan
   S. Elliott Cohan        Attorney In Fact    February 14, 1997
   Assistant Secretary     For the Persons
                           Listed Below

   NAME                     TITLE

John F. Donahue*           Chairman and Director
                           (Chief Executive Officer)

J.Christopher Donahue*     President and Director

John W. McGonigle*         Treasurer

Thomas G. Bigley *         Director

John T. Conroy, Jr.*       Director

William J. Copeland*       Director

James E. Dowd*             Director

Lawrence D. Ellis, M.D.*   Director

Edward L. Flaherty, Jr.*   Director

Peter E. Madden*           Director

Gregor F. Meyer*           Director

John E. Murray, Jr.*       Director

Wesley W. Posvar*          Director

Marjorie P. Smuts*         Director

*By Power of Attorney




   FEDERATED ADMINISTRATIVE
             SERVICES

                                          FEDERATED INVESTORS TOWER
                                          PITTSBURGH, PA 15222-3779
                                          412-288-1900

                                          February 14, 1997



Money Market Management, Inc.
Federated Investors Tower
Pittsburgh, PA  15222-3779

Gentlemen:

     You have requested my opinion in conjunction with the registration by
Money Market Management, Inc. (the `Corporation'') of an additional
139,854,088 shares of its common stock pursuant to Post-effective Amendment
No. 75 to the Corporation's registration statement filed with the
Securities and Exchange Commission under the Securities Act of 1933 (File
No.2-49591). The subject Post-effective Amendment will be filed pursuant to
Paragraph (b) of Rule 485 and become effective pursuant to said Rule
immediately upon filing.

     As counsel I have participated in the preparation and filing of the
Corporation's amended registration statement under the Securities Act of
1933 referred to above. Further, I have examined and am familiar with the
Corporation's Articles of Incorporation dated August 19, 1992 (`Articles
of Incorporation'), its Bylaws and other corporate documents and records
deemed relevant. I have also reviewed questions of law and consulted with
counsel thereon as deemed necessary or appropriate by me for the purpose of
this opinion.

     On the basis of the foregoing, it is my opinion that:

     1.   The Corporation is duly organized and validly existing under the
laws of the State of Maryland.

     2.   The Corporation is authorized to issue 50,000,000,000 shares of
common stock of a par value of $0.001 per share.

     3.   The Shares which are currently being registered by the
Registration Statement referred to above may be legally and validly issued
from time to time in accordance with the Articles of Incorporation upon
receipt of consideration sufficient to comply with the Articles of
Incorporation and subject to compliance with the Securities Act of 1933, as
amended, the Investment Company Act of 1940, as amended, and applicable
state laws regulating the sale of securities. Such Shares, when so issued,
will be fully paid and non-assessable.

     I hereby consent to the filing of this opinion as part of the
Corporation's registration statement referred to above and as a part of any
application or registration statement filed under the securities laws of
the States of the United States.

     The foregoing opinion is limited to the Federal laws of the United
States and the laws of the State of Maryland, and I am expressing no
opinion as to the effect of the laws of any other jurisdiction.

                                   Very truly yours,


                                   /s/ S. Elliott Cohan
                                   S. Elliott Cohan
                                   Fund Attorney


<TABLE> <S> <C>

                                                                               
<S>                             <C>                                            
                                                                               
<ARTICLE>                       6                                              
<SERIES>                                                                       
     <NUMBER>                   001                                            
     <NAME>                     Money Market Management, Inc.                  
                                                                               
                                                                               
<PERIOD-TYPE>                   12-MOS                                         
<FISCAL-YEAR-END>               Dec-31-1996                                    
<PERIOD-END>                    Dec-31-1996                                    
<INVESTMENTS-AT-COST>           89,298,535                                     
<INVESTMENTS-AT-VALUE>          89,298,535                                     
<RECEIVABLES>                   849,050                                        
<ASSETS-OTHER>                  331,854                                        
<OTHER-ITEMS-ASSETS>            0                                              
<TOTAL-ASSETS>                  90,479,439                                     
<PAYABLE-FOR-SECURITIES>        0                                              
<SENIOR-LONG-TERM-DEBT>         0                                              
<OTHER-ITEMS-LIABILITIES>       3,098,621                                      
<TOTAL-LIABILITIES>             3,098,621                                      
<SENIOR-EQUITY>                 0                                              
<PAID-IN-CAPITAL-COMMON>        87,380,818                                     
<SHARES-COMMON-STOCK>           87,380,818                                     
<SHARES-COMMON-PRIOR>           101,389,955                                    
<ACCUMULATED-NII-CURRENT>       0                                              
<OVERDISTRIBUTION-NII>          0                                              
<ACCUMULATED-NET-GAINS>         0                                              
<OVERDISTRIBUTION-GAINS>        0                                              
<ACCUM-APPREC-OR-DEPREC>        0                                              
<NET-ASSETS>                    87,380,818                                     
<DIVIDEND-INCOME>               0                                              
<INTEREST-INCOME>               5,574,904                                      
<OTHER-INCOME>                  0                                              
<EXPENSES-NET>                  1,070,935                                      
<NET-INVESTMENT-INCOME>         4,503,969                                      
<REALIZED-GAINS-CURRENT>        0                                              
<APPREC-INCREASE-CURRENT>       0                                              
<NET-CHANGE-FROM-OPS>           4,503,969                                      
<EQUALIZATION>                  0                                              
<DISTRIBUTIONS-OF-INCOME>       4,503,969                                      
<DISTRIBUTIONS-OF-GAINS>        0                                              
<DISTRIBUTIONS-OTHER>           0                                              
<NUMBER-OF-SHARES-SOLD>         121,628,840                                    
<NUMBER-OF-SHARES-REDEEMED>     139,854,088                                    
<SHARES-REINVESTED>             4,216,111                                      
<NET-CHANGE-IN-ASSETS>          (14,009,137)                                   
<ACCUMULATED-NII-PRIOR>         0                                              
<ACCUMULATED-GAINS-PRIOR>       0                                              
<OVERDISTRIB-NII-PRIOR>         0                                              
<OVERDIST-NET-GAINS-PRIOR>      0                                              
<GROSS-ADVISORY-FEES>           504,807                                        
<INTEREST-EXPENSE>              0                                              
<GROSS-EXPENSE>                 1,202,215                                      
<AVERAGE-NET-ASSETS>            100,961,400                                    
<PER-SHARE-NAV-BEGIN>           1.000                                          
<PER-SHARE-NII>                 0.050                                          
<PER-SHARE-GAIN-APPREC>         0.000                                          
<PER-SHARE-DIVIDEND>            0.050                                          
<PER-SHARE-DISTRIBUTIONS>       0.000                                          
<RETURNS-OF-CAPITAL>            0.000                                          
<PER-SHARE-NAV-END>             1.000                                          
<EXPENSE-RATIO>                 1.06                                           
<AVG-DEBT-OUTSTANDING>          0                                              
<AVG-DEBT-PER-SHARE>            0.000                                          
                                                                               

</TABLE>


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