<PAGE> 1
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549 November 14, 1995
Rule 24F-2 notice for
Cardinal Tax Exempt Money Trust
1933 Act registration number 2-82356
Pursuant to Rule 24f-2 under the Investment Company Act of 1940, the
registrant, Cardinal Tax Exempt Money Trust, hereby advises as follows:
1. The fiscal year for which this notice is filed is the year
ended September 30, 1995.
2. The number of securities of the same class registered under
the Securities Act of 1933 other than pursuant to Rule 24f-2
which remain unsold at the beginning of said fiscal year is
none.
3. The number of such securities registered during said fiscal
year other than pursuant to Rule 24f-2 is 12,427,873.
4. The number of such securities sold during said fiscal year
is 154,643,119. *
5. The number of such securities sold during said fiscal year
in reliance upon registration pursuant to Rule 24f-2 is
142,215,246. *
* Calculation of filing fee does not include 1,916,504 shares issued in
reinvestment of dividends.
<TABLE>
<CAPTION>
Number Aggregate
of shares sales price
--------- -----------
<S> <C> <C>
Shares of Beneficial Interest,
par value $.10 per share, sold
during the fiscal year ended
September 30, 1995 142,215,246 $142,215,246
Aggregate Redemption Price of
Shares of Beneficial Interest
redeemed during the fiscal year
ended September 30, 1995 (172,310,841) ($172,310,841)
Aggregate Redemption Price
previously applied pursuant to
Rule 24e-2(a) 0 $0
</TABLE>
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Cardinal Tax Exempt Money Trust 24f-2 Notice (continued)
<TABLE>
<CAPTION>
Number Aggregate
of shares sales price
--------- -----------
<S> <C> <C>
Net Aggregate Sales Price (30,095,595) ($30,095,595)
Amount of filing fee at 1/29 of
one percent of Aggregate Net
Sales Price $0.00
</TABLE>
Cardinal Tax Exempt Money Trust
By /S/ J. M. Schrack
---------------------------------
J. M. Schrack, Treasurer