MONEY MARKET TRUST
Supplement to Prospectus dated September 30, 1993
1. Please delete the first sentence of the first paragraph
under the section entitled "Telephone Redemption" on page 10
of the prospectus, and replace it with the following:
"Shareholders may redeem their shares by telephoning the
Trust before 3:00 p.m. (Eastern time)."
2. Please delete the second paragraph under the section
entitled "Telephone Redemption" on page 10 of the prospectus,
and replace it with the following:
"A daily dividend will be paid on shares redeemed if the
redemption request is received after 3:00 p.m. (Eastern
time). However, the proceeds will not be wired until the
following business day. Redemption requests received
before 3:00 p.m. (Eastern time) will be paid the same day
but will not be entitled to that day's dividend."
July 29, 1994
FEDERATED SECURITIES CORP.
Distributor
609900105
G00412-01 (7/94)