DAILY TAX FREE INCOME FUND INC
NSAR-A, 1998-06-25
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SIGNATURE   BERNADETTE N. FINN                           
TITLE       VICE PRESIDENT      
 


<TABLE> <S> <C>

<ARTICLE>           6
<LEGEND>            The  schedule   contains   summary   financial   information
                    extracted  from  the  financial  statements  and  supporting
                    schedules  as of the end of the most  current  period and is
                    qualified in its  entirety by  reference  to such  financial
                    statements.
</LEGEND>
<CIK>               0000704480
<NAME>              Daily Tax Free Income Fund Inc.
<SERIES>
<NUMBER>            1
<NAME>              CLASS A
       
<S>                               <C>    
<FISCAL-YEAR-END>             OCT-31-1998
<PERIOD-START>                NOV-01-1997
<PERIOD-END>                  OCT-31-1998
<PERIOD-TYPE>                 6-MOS
<INVESTMENTS-AT-COST>         551110140
<INVESTMENTS-AT-VALUE>        551110140
<RECEIVABLES>                 5876267
<ASSETS-OTHER>                0
<OTHER-ITEMS-ASSETS>          11458
<TOTAL-ASSETS>                556997865
<PAYABLE-FOR-SECURITIES>      0
<SENIOR-LONG-TERM-DEBT>       0
<OTHER-ITEMS-LIABILITIES>     1183066
<TOTAL-LIABILITIES>           1183066
<SENIOR-EQUITY>               0
<PAID-IN-CAPITAL-COMMON>      555816265
<SHARES-COMMON-STOCK>         555983378
<SHARES-COMMON-PRIOR>         563404196
<ACCUMULATED-NII-CURRENT>     0
<OVERDISTRIBUTION-NII>        0
<ACCUMULATED-NET-GAINS>       (1466)
<OVERDISTRIBUTION-GAINS>      0
<ACCUM-APPREC-OR-DEPREC>      0
<NET-ASSETS>                  555814799
<DIVIDEND-INCOME>             0
<INTEREST-INCOME>             11234670
<OTHER-INCOME>                0
<EXPENSES-NET>                2410254
<NET-INVESTMENT-INCOME>       8824416
<REALIZED-GAINS-CURRENT>      70
<APPREC-INCREASE-CURRENT>     0
<NET-CHANGE-FROM-OPS>         8824486
<EQUALIZATION>                0
<DISTRIBUTIONS-OF-INCOME>     8824416
<DISTRIBUTIONS-OF-GAINS>      0
<DISTRIBUTIONS-OTHER>         0
<NUMBER-OF-SHARES-SOLD>       575493533
<NUMBER-OF-SHARES-REDEEMED>   590927451
<SHARES-REINVESTED>           8013100
<NET-CHANGE-IN-ASSETS>        (7420748)
<ACCUMULATED-NII-PRIOR>       0
<ACCUMULATED-GAINS-PRIOR>     (1536)
<OVERDISTRIB-NII-PRIOR>       0
<OVERDIST-NET-GAINS-PRIOR>    0
<GROSS-ADVISORY-FEES>         941539
<INTEREST-EXPENSE>            0
<GROSS-EXPENSE>               2410254
<AVERAGE-NET-ASSETS>          590737935
<PER-SHARE-NAV-BEGIN>         1.00
<PER-SHARE-NII>               .02
<PER-SHARE-GAIN-APPREC>       0
<PER-SHARE-DIVIDEND>          .02
<PER-SHARE-DISTRIBUTIONS>     0
<RETURNS-OF-CAPITAL>          0
<PER-SHARE-NAV-END>           1.00
<EXPENSE-RATIO>               .91
<AVG-DEBT-OUTSTANDING>        0
<AVG-DEBT-PER-SHARE>          0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE>           6
<LEGEND>            The  schedule   contains   summary   financial   information
                    extracted  from  the  financial  statements  and  supporting
                    schedules  as of the end of the most  current  period and is
                    qualified in its  entirety by  reference  to such  financial
                    statements.
</LEGEND>
<CIK>               0000704480
<NAME>              Daily Tax Free Income Fund Inc.
<SERIES>
<NUMBER>            2
<NAME>              CLASS B
       
<S>                               <C>    
<FISCAL-YEAR-END>             OCT-31-1998
<PERIOD-START>                NOV-01-1997
<PERIOD-END>                  OCT-31-1998
<PERIOD-TYPE>                 6-MOS
<INVESTMENTS-AT-COST>         551110140
<INVESTMENTS-AT-VALUE>        551110140
<RECEIVABLES>                 5876267
<ASSETS-OTHER>                0
<OTHER-ITEMS-ASSETS>          11458
<TOTAL-ASSETS>                556997865
<PAYABLE-FOR-SECURITIES>      0
<SENIOR-LONG-TERM-DEBT>       0
<OTHER-ITEMS-LIABILITIES>     1183066
<TOTAL-LIABILITIES>           1183066
<SENIOR-EQUITY>               0
<PAID-IN-CAPITAL-COMMON>      555816265
<SHARES-COMMON-STOCK>         555983378
<SHARES-COMMON-PRIOR>         563404196
<ACCUMULATED-NII-CURRENT>     0
<OVERDISTRIBUTION-NII>        0
<ACCUMULATED-NET-GAINS>       (1466)
<OVERDISTRIBUTION-GAINS>      0
<ACCUM-APPREC-OR-DEPREC>      0
<NET-ASSETS>                  555814799
<DIVIDEND-INCOME>             0
<INTEREST-INCOME>             11234670
<OTHER-INCOME>                0
<EXPENSES-NET>                2410254
<NET-INVESTMENT-INCOME>       8824416
<REALIZED-GAINS-CURRENT>      70
<APPREC-INCREASE-CURRENT>     0
<NET-CHANGE-FROM-OPS>         8824486
<EQUALIZATION>                0
<DISTRIBUTIONS-OF-INCOME>     8824416
<DISTRIBUTIONS-OF-GAINS>      0
<DISTRIBUTIONS-OTHER>         0
<NUMBER-OF-SHARES-SOLD>       575493533
<NUMBER-OF-SHARES-REDEEMED>   590927451
<SHARES-REINVESTED>           8013100
<NET-CHANGE-IN-ASSETS>        (7420748)
<ACCUMULATED-NII-PRIOR>       0
<ACCUMULATED-GAINS-PRIOR>     (1536)
<OVERDISTRIB-NII-PRIOR>       0
<OVERDIST-NET-GAINS-PRIOR>    0
<GROSS-ADVISORY-FEES>         941539
<INTEREST-EXPENSE>            0
<GROSS-EXPENSE>               2410254
<AVERAGE-NET-ASSETS>          590737935
<PER-SHARE-NAV-BEGIN>         1.00
<PER-SHARE-NII>               .02
<PER-SHARE-GAIN-APPREC>       0
<PER-SHARE-DIVIDEND>          .02
<PER-SHARE-DISTRIBUTIONS>     0
<RETURNS-OF-CAPITAL>          0
<PER-SHARE-NAV-END>           1.00
<EXPENSE-RATIO>               .66
<AVG-DEBT-OUTSTANDING>        0
<AVG-DEBT-PER-SHARE>          0
        

</TABLE>


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