DREYFUS TAX EXEMPT CASH MANAGEMENT
NSAR-B, 1995-03-24
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<PAGE>      PAGE  1
000 B000000 01/31/95
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001 A000000 DREYFUS TAX EXEMPT CASH MANAGEMENT
001 B000000 811-3954
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002 A000000 144 GLENN CURTISS BOULEVARD
002 B000000 UNIONDALE
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002 D010000 11556
002 D020000 0144
003  000000 N
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011 A000001 PREMIER MUTUAL FUND SERVICES, INC.
011 B000001 8-13801
011 C010001 NEW YORK
011 C020001 NY
011 C030001 10166
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022 A000001 THE FIRST BOSTON CORPORATION
022 B000001 13-5659485
022 C000001    665862
022 D000001    497464
022 A000002 GOLDMAN, SACHS & CO.
022 B000002 13-5108880
022 C000002    719512
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022 A000003 PAINEWEBBER INCORPORATED
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022 C000003    464128
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022 A000004 CHEMICAL SECURITIES, INC.
022 B000004 13-3379014
022 C000004    357508
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022 A000005 SMITH BARNEY INC.
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022 C000005    247412
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022 A000006 J.P. MORGAN SECURITIES INC.
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022 A000007 MORGAN STANLEY & CO. INCORPORATED
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022 A000008 LEHMAN BROTHERS INC.
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022 A000009 DONALDSON, LUFKIN & JENRETTE SECURITIES CORP.
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022 C000009    206970
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022 A000010 CITIBANK, N.A.
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<PAGE>      PAGE  6
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SIGNATURE   JOHN PYBURN                                  
TITLE       TREASURER           
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000740123
<NAME> DREYFUS TAX EXEMPT CASH MANAGEMENT
<SERIES>
   <NUMBER> 1
   <NAME> CLASS A
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          JAN-31-1995
<PERIOD-END>                               JAN-31-1995
<INVESTMENTS-AT-COST>                        1,337,194
<INVESTMENTS-AT-VALUE>                       1,337,194
<RECEIVABLES>                                   11,542
<ASSETS-OTHER>                                       0
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<TOTAL-ASSETS>                               1,348,736
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                         2008
<TOTAL-LIABILITIES>                               2008
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     1,346,905
<SHARES-COMMON-STOCK>                        1,299,475
<SHARES-COMMON-PRIOR>                        1,739,675
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          (177)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                                 1,299,301
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                               43,540
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   3,035
<NET-INVESTMENT-INCOME>                         40,505
<REALIZED-GAINS-CURRENT>                         (178)
<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                           40,327
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       39,819
<DISTRIBUTIONS-OF-GAINS>                           110
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                     10,802,933
<NUMBER-OF-SHARES-REDEEMED>                 11,249,985
<SHARES-REINVESTED>                              6,851
<NET-CHANGE-IN-ASSETS>                       (393,060)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                          111
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            2,972
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                   3035
<AVERAGE-NET-ASSETS>                         1,461,209
<PER-SHARE-NAV-BEGIN>                            1.000
<PER-SHARE-NII>                                   .028
<PER-SHARE-GAIN-APPREC>                              0
<PER-SHARE-DIVIDEND>                              .028
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              1.000
<EXPENSE-RATIO>                                   .002
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000740123
<NAME> DREYFUS TAX EXEMPT CASH MANAGEMENT
<SERIES>
   <NUMBER> 2
   <NAME> CLASS B
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          JAN-31-1995
<PERIOD-END>                               JAN-31-1995
<INVESTMENTS-AT-COST>                        1,337,194
<INVESTMENTS-AT-VALUE>                       1,337,194
<RECEIVABLES>                                   11,542
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               1,348,736
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                         2008
<TOTAL-LIABILITIES>                               2008
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     1,346,905
<SHARES-COMMON-STOCK>                           47,430
<SHARES-COMMON-PRIOR>                                1
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          (177)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                                    47,427
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                               43,540
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   3,035
<NET-INVESTMENT-INCOME>                         40,505
<REALIZED-GAINS-CURRENT>                         (178)
<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                           40,327
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                          685
<DISTRIBUTIONS-OF-GAINS>                             1
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        125,274
<NUMBER-OF-SHARES-REDEEMED>                     78,276
<SHARES-REINVESTED>                                431
<NET-CHANGE-IN-ASSETS>                       (393,060)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                          111
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            2,972
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                   3035
<AVERAGE-NET-ASSETS>                            25,042
<PER-SHARE-NAV-BEGIN>                            1.000
<PER-SHARE-NII>                                   .025
<PER-SHARE-GAIN-APPREC>                              0
<PER-SHARE-DIVIDEND>                              .025
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<PER-SHARE-NAV-END>                              1.000
<EXPENSE-RATIO>                                   .005
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<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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