OPPENHEIMER U S GOVERNMENT TRUST
NSAR-A, 1998-04-24
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<PAGE>      PAGE  1
000 A000000 02/28/98
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001 C000000 2123230200
002 A000000 TWO WORLD TRADE CENTER
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012 C010001 DENVER
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<PAGE>      PAGE  2
013 A000001 KPMG PEAT MARWICK LLP
013 B010001 DENVER
013 B020001 CO
013 B030001 80202
015 A000001 CITIBANK, N.A.
015 B000001 C
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020 B000001 13-2638166
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020 A000002 FIRST BOSTON CORP. (THE)
020 B000002 13-5659485
020 C000002     21
020 A000003 DEUTSCHE BANK
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022 B000001 13-2518466
022 C000001    353462
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022 A000002 SALOMON BROTHERS, INC.
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022 A000003 GREENWICH SECURITIES, INC.
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022 C000003    373297
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022 A000004 MERRILL LYNCH, PIERCE, FENNER, & SMITH, INC.
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022 A000005 MORGAN GUARANTY TRUST CO.
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<PAGE>      PAGE  3
022 A000006 GOLDMAN, SACHS & CO.
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022 A000009 BEAR STEARNS & CO., INC.
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SIGNATURE   GEORGE C. BOWEN                              
TITLE       TREASURER           
 

WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6                        
<CIK>            701382
<NAME>           OPPENHEIMER U.S. GOVERNMENT TRUST-A
       
<S>                                                                                           <C>
<PERIOD-TYPE>                                                                                   6-MOS
<FISCAL-YEAR-END>                                                                          AUG-31-1998
<PERIOD-START>                                                                             SEP-01-1997
<PERIOD-END>                                                                               FEB-28-1998
<INVESTMENTS-AT-COST>                                                                 835,599,452
<INVESTMENTS-AT-VALUE>                                                                846,306,313
<RECEIVABLES>                                                                          58,718,481
<ASSETS-OTHER>                                                                             30,624
<OTHER-ITEMS-ASSETS>                                                                       35,729
<TOTAL-ASSETS>                                                                        905,091,147
<PAYABLE-FOR-SECURITIES>                                                              265,026,144
<SENIOR-LONG-TERM-DEBT>                                                                         0
<OTHER-ITEMS-LIABILITIES>                                                               4,130,668
<TOTAL-LIABILITIES>                                                                   269,156,812
<SENIOR-EQUITY>                                                                                 0
<PAID-IN-CAPITAL-COMMON>                                                              635,670,968
<SHARES-COMMON-STOCK>                                                                  54,927,204
<SHARES-COMMON-PRIOR>                                                                  49,436,830
<ACCUMULATED-NII-CURRENT>                                                               1,240,641
<OVERDISTRIBUTION-NII>                                                                          0
<ACCUMULATED-NET-GAINS>                                                               (11,543,446)
<OVERDISTRIBUTION-GAINS>                                                                        0
<ACCUM-APPREC-OR-DEPREC>                                                               10,566,172
<NET-ASSETS>                                                                          532,466,579
<DIVIDEND-INCOME>                                                                               0
<INTEREST-INCOME>                                                                      21,712,397
<OTHER-INCOME>                                                                                  0
<EXPENSES-NET>                                                                          3,353,231
<NET-INVESTMENT-INCOME>                                                                18,359,166
<REALIZED-GAINS-CURRENT>                                                                2,955,356
<APPREC-INCREASE-CURRENT>                                                               9,124,547
<NET-CHANGE-FROM-OPS>                                                                  30,439,069
<EQUALIZATION>                                                                                  0
<DISTRIBUTIONS-OF-INCOME>                                                              15,907,722
<DISTRIBUTIONS-OF-GAINS>                                                                        0
<DISTRIBUTIONS-OTHER>                                                                           0
<NUMBER-OF-SHARES-SOLD>                                                                11,900,411
<NUMBER-OF-SHARES-REDEEMED>                                                             7,726,978
<SHARES-REINVESTED>                                                                     1,316,941
<NET-CHANGE-IN-ASSETS>                                                                 93,199,801
<ACCUMULATED-NII-PRIOR>                                                                 1,240,651
<ACCUMULATED-GAINS-PRIOR>                                                             (14,498,802)
<OVERDISTRIB-NII-PRIOR>                                                                         0
<OVERDIST-NET-GAINS-PRIOR>                                                                      0
<GROSS-ADVISORY-FEES>                                                                   1,715,890
<INTEREST-EXPENSE>                                                                              0
<GROSS-EXPENSE>                                                                         3,353,231
<AVERAGE-NET-ASSETS>                                                                  493,970,000
<PER-SHARE-NAV-BEGIN>                                                                           9.48
<PER-SHARE-NII>                                                                                 0.31
<PER-SHARE-GAIN-APPREC>                                                                         0.21
<PER-SHARE-DIVIDEND>                                                                            0.31
<PER-SHARE-DISTRIBUTIONS>                                                                       0.00
<RETURNS-OF-CAPITAL>                                                                            0.00
<PER-SHARE-NAV-END>                                                                             9.69
<EXPENSE-RATIO>                                                                                 1.05
<AVG-DEBT-OUTSTANDING>                                                                          0
<AVG-DEBT-PER-SHARE>                                                                            0.00
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6                        
<CIK>            701382
<NAME>           OPPENHEIMER U.S. GOVERNMENT TRUST-B
       
<S>                                                                                           <C>
<PERIOD-TYPE>                                                                                   6-MOS
<FISCAL-YEAR-END>                                                                          AUG-31-1998
<PERIOD-START>                                                                             SEP-01-1997
<PERIOD-END>                                                                               FEB-28-1998
<INVESTMENTS-AT-COST>                                                                 835,599,452
<INVESTMENTS-AT-VALUE>                                                                846,306,313
<RECEIVABLES>                                                                          58,718,481
<ASSETS-OTHER>                                                                             30,624
<OTHER-ITEMS-ASSETS>                                                                       35,729
<TOTAL-ASSETS>                                                                        905,091,147
<PAYABLE-FOR-SECURITIES>                                                              265,026,144
<SENIOR-LONG-TERM-DEBT>                                                                         0
<OTHER-ITEMS-LIABILITIES>                                                               4,130,668
<TOTAL-LIABILITIES>                                                                   269,156,812
<SENIOR-EQUITY>                                                                                 0
<PAID-IN-CAPITAL-COMMON>                                                              635,670,968
<SHARES-COMMON-STOCK>                                                                   7,980,434
<SHARES-COMMON-PRIOR>                                                                   5,520,655
<ACCUMULATED-NII-CURRENT>                                                               1,240,641
<OVERDISTRIBUTION-NII>                                                                          0
<ACCUMULATED-NET-GAINS>                                                               (11,543,446)
<OVERDISTRIBUTION-GAINS>                                                                        0
<ACCUM-APPREC-OR-DEPREC>                                                               10,566,172
<NET-ASSETS>                                                                           77,271,849
<DIVIDEND-INCOME>                                                                               0
<INTEREST-INCOME>                                                                      21,712,397
<OTHER-INCOME>                                                                                  0
<EXPENSES-NET>                                                                          3,353,231
<NET-INVESTMENT-INCOME>                                                                18,359,166
<REALIZED-GAINS-CURRENT>                                                                2,955,356
<APPREC-INCREASE-CURRENT>                                                               9,124,547
<NET-CHANGE-FROM-OPS>                                                                  30,439,069
<EQUALIZATION>                                                                                  0
<DISTRIBUTIONS-OF-INCOME>                                                               1,786,896
<DISTRIBUTIONS-OF-GAINS>                                                                        0
<DISTRIBUTIONS-OTHER>                                                                           0
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<NUMBER-OF-SHARES-REDEEMED>                                                             1,208,624
<SHARES-REINVESTED>                                                                       128,044
<NET-CHANGE-IN-ASSETS>                                                                 93,199,801
<ACCUMULATED-NII-PRIOR>                                                                 1,240,651
<ACCUMULATED-GAINS-PRIOR>                                                             (14,498,802)
<OVERDISTRIB-NII-PRIOR>                                                                         0
<OVERDIST-NET-GAINS-PRIOR>                                                                      0
<GROSS-ADVISORY-FEES>                                                                   1,715,890
<INTEREST-EXPENSE>                                                                              0
<GROSS-EXPENSE>                                                                         3,353,231
<AVERAGE-NET-ASSETS>                                                                   63,170,000
<PER-SHARE-NAV-BEGIN>                                                                           9.47
<PER-SHARE-NII>                                                                                 0.27
<PER-SHARE-GAIN-APPREC>                                                                         0.22
<PER-SHARE-DIVIDEND>                                                                            0.28
<PER-SHARE-DISTRIBUTIONS>                                                                       0.00
<RETURNS-OF-CAPITAL>                                                                            0.00
<PER-SHARE-NAV-END>                                                                             9.68
<EXPENSE-RATIO>                                                                                 1.81
<AVG-DEBT-OUTSTANDING>                                                                          0
<AVG-DEBT-PER-SHARE>                                                                            0.00
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6                        
<CIK>            701382
<NAME>           OPPENHEIMER U.S. GOVERNMENT TRUST-C
       
<S>                                                                                           <C>
<PERIOD-TYPE>                                                                                   6-MOS
<FISCAL-YEAR-END>                                                                          AUG-31-1998
<PERIOD-START>                                                                             SEP-01-1997
<PERIOD-END>                                                                               FEB-28-1998
<INVESTMENTS-AT-COST>                                                                 835,599,452
<INVESTMENTS-AT-VALUE>                                                                846,306,313
<RECEIVABLES>                                                                          58,718,481
<ASSETS-OTHER>                                                                             30,624
<OTHER-ITEMS-ASSETS>                                                                       35,729
<TOTAL-ASSETS>                                                                        905,091,147
<PAYABLE-FOR-SECURITIES>                                                              265,026,144
<SENIOR-LONG-TERM-DEBT>                                                                         0
<OTHER-ITEMS-LIABILITIES>                                                               4,130,668
<TOTAL-LIABILITIES>                                                                   269,156,812
<SENIOR-EQUITY>                                                                                 0
<PAID-IN-CAPITAL-COMMON>                                                              635,670,968
<SHARES-COMMON-STOCK>                                                                   2,706,429
<SHARES-COMMON-PRIOR>                                                                   2,283,613
<ACCUMULATED-NII-CURRENT>                                                               1,240,641
<OVERDISTRIBUTION-NII>                                                                          0
<ACCUMULATED-NET-GAINS>                                                               (11,543,446)
<OVERDISTRIBUTION-GAINS>                                                                        0
<ACCUM-APPREC-OR-DEPREC>                                                               10,566,172
<NET-ASSETS>                                                                           26,195,907
<DIVIDEND-INCOME>                                                                               0
<INTEREST-INCOME>                                                                      21,712,397
<OTHER-INCOME>                                                                                  0
<EXPENSES-NET>                                                                          3,353,231
<NET-INVESTMENT-INCOME>                                                                18,359,166
<REALIZED-GAINS-CURRENT>                                                                2,955,356
<APPREC-INCREASE-CURRENT>                                                               9,124,547
<NET-CHANGE-FROM-OPS>                                                                  30,439,069
<EQUALIZATION>                                                                                  0
<DISTRIBUTIONS-OF-INCOME>                                                                 664,558
<DISTRIBUTIONS-OF-GAINS>                                                                        0
<DISTRIBUTIONS-OTHER>                                                                           0
<NUMBER-OF-SHARES-SOLD>                                                                 1,035,375
<NUMBER-OF-SHARES-REDEEMED>                                                               664,301
<SHARES-REINVESTED>                                                                        51,742
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<ACCUMULATED-NII-PRIOR>                                                                 1,240,651
<ACCUMULATED-GAINS-PRIOR>                                                             (14,498,802)
<OVERDISTRIB-NII-PRIOR>                                                                         0
<OVERDIST-NET-GAINS-PRIOR>                                                                      0
<GROSS-ADVISORY-FEES>                                                                   1,715,890
<INTEREST-EXPENSE>                                                                              0
<GROSS-EXPENSE>                                                                         3,353,231
<AVERAGE-NET-ASSETS>                                                                   23,392,000
<PER-SHARE-NAV-BEGIN>                                                                           9.47
<PER-SHARE-NII>                                                                                 0.27
<PER-SHARE-GAIN-APPREC>                                                                         0.22
<PER-SHARE-DIVIDEND>                                                                            0.28
<PER-SHARE-DISTRIBUTIONS>                                                                       0.00
<RETURNS-OF-CAPITAL>                                                                            0.00
<PER-SHARE-NAV-END>                                                                             9.68
<EXPENSE-RATIO>                                                                                 1.81
<AVG-DEBT-OUTSTANDING>                                                                          0
<AVG-DEBT-PER-SHARE>                                                                            0.00
        

</TABLE>


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