<PAGE> PAGE 1
000 A000000 06/30/98
000 C000000 0000067576
000 D000000 N
000 E000000 NF
000 F000000 Y
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001 A000000 MONEY MARKET MANAGEMENT, INC.
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001 C000000 4122886653
002 A000000 FEDERATED INVESTORS TOWER
002 B000000 PITTSBURGH
002 C000000 PA
002 D010000 15222
002 D020000 3779
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011 A000001 FEDERATED SECURITIES CORP.
011 B000001 8-15561
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011 C020001 PA
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<PAGE> PAGE 2
012 A000001 FEDERATED SHAREHOLDERS SERVICES COMPANY
012 B000001 84-1869
012 C010001 PITTSBURGH
012 C020001 PA
012 C030001 15222
012 C040001 3779
013 A000001 DELOITTE & TOUCHE LLP
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015 A000001 STATE STREET BANK AND TRUST COMPANY
015 B000001 C
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015 B000002 S
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015 A000003 NATIONSBANK OF NORTH CAROLINA
015 B000003 S
015 C010003 CHARLOTTE
015 C020003 NC
015 C030003 28255
015 E010003 X
015 A000004 THE CHASE MANHATTAN CORPORATION
015 B000004 S
015 C010004 NEW YORK
015 C020004 NY
015 C030004 10006
015 E010004 X
015 A000005 MORGAN GUARANTY BANK & TRUST CO.
015 B000005 S
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015 C020005 NY
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<PAGE> PAGE 3
015 C020007 NY
015 C030007 10006
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022 A000001 FUJI GOVERNMENT SECURITIES INC.
022 B000001 36-2880742
022 C000001 455600
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022 B000002 13-2638166
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<PAGE> PAGE 4
022 A000010 UBS SECURITIES, INC.
022 B000010 13-2932996
022 C000010 104348
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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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<PAGE> PAGE 8
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<PAGE> PAGE 10
SIGNATURE S. ELLIOTT COHAN
TITLE ASSIST. GEN. COUNSEL
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 001
<NAME> MONEY MARKET MANAGEMENT, INC.
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-END> JUN-30-1998
<INVESTMENTS-AT-COST> 85923490
<INVESTMENTS-AT-VALUE> 85923490
<RECEIVABLES> 520149
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 4605
<TOTAL-ASSETS> 86448244
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 455278
<TOTAL-LIABILITIES> 455278
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 85992966
<SHARES-COMMON-STOCK> 85992966
<SHARES-COMMON-PRIOR> 81309479
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 85992966
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 2303266
<OTHER-INCOME> 0
<EXPENSES-NET> 444643
<NET-INVESTMENT-INCOME> 1858623
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 1858623
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1858623
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 66880431
<NUMBER-OF-SHARES-REDEEMED> 63619478
<SHARES-REINVESTED> 1422534
<NET-CHANGE-IN-ASSETS> 4683487
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 201307
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 534358
<AVERAGE-NET-ASSETS> 81190147
<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> 0.020
<PER-SHARE-GAIN-APPREC> 0.000
<PER-SHARE-DIVIDEND> 0.020
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 1.000
<EXPENSE-RATIO> 1.10
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
Item 77C
Submission of Matters to a Vote of Security Holders
A Special Meeting of Shareholders of Money Market Management, Inc. (the
"Company") was held on May 15, 1998. The following items, which are
required to be reported under this Item 77 C were approved at the
meeting:
1. To elect three Directors;
SHARES VOTED SHARES WITHHELD
DIRECTOR FOR AUTHORITY
Thomas G. Bigley 49,179,163 2,521,888
John E. Murray, Jr., J.D., S.J.D. 49,179,163 2,521,888
Nicholas P. Constantakis 49,179,163 2,521,888
Messers. Bigley, Murray and Constantakis, having been elected, now
serve with the Company's Board of Directors which also consists of
John F. Donahue, John T. Conroy, Jr., William J. Copeland,
J. Christopher Donahue, James E. Dowd, Esq., Lawrence D. Ellis, M.D.,
Edward L. Flaherty, Jr., Esq., Peter E. Madden, Wesley W. Posvar, and
Marjorie P. Smuts.
2. To approve or disapprove an amendment in the Company's fundamental
investment policy on diversification of investments;
Shares voted affirmatively . . . . . . . . . . 46,222,637
Shares voted negatively . . . . . . . . . . . 1,537,164
Shares abstaining . . . . . . . . . . . . . . . . 2,949,860
Broker Non-Vote . . . . . . . . . . . . . . . . 991,390
3. To approve or disapprove an amendment changing from a fundamental
to an operating policy the Company's policy regarding the maturity of
money market securities in which it will invest;
Shares voted affirmatively . . . . . . . . . 46,876,158
Shares voted negatively . . . . . . . . . . . 1,082,885
Shares abstaining . . . . . . . . . . . . . . . . 2,750,618
Broker Non-Vote . . . . . . . . . . . . . . . . 991,390
4. To approve or disapprove changing from fundamental to an operating
policy the Company's ability to invest in restricted securities;
Shares voted affirmatively . . . . . . . . . . 44,351,796
Shares voted negatively . . . . . . . . . . . . 3,259,886
Shares abstaining . . . . . . . . . . . . . . . . . 3,097,979
Broker Non-Vote . . . . . . . . . . . . . . . . . 991,390
