DREYFUS TAX EXEMPT CASH MANAGEMENT
NSAR-A, 1998-09-25
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<PAGE>      PAGE  1
000 A000000 07/31/98
000 C000000 0000740123
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 DREYFUS TAX EXEMPT CASH MANAGEMENT
001 B000000 811-3954
001 C000000 2129226754
002 A000000 200 PARK AVENUE
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10166
002 D020000 0144
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 N
007 B000000  0
022 A000001 SALOMON SMITH BARNEY INC.
022 B000001 13-1912900
022 C000001    458570
022 D000001    353061
022 A000002 GOLDMAN, SACHS & CO.
022 B000002 13-5108880
022 C000002    368163
022 D000002    230016
022 A000003 CITICORP SECURITIES INC.
022 B000003 13-2771536
022 C000003    238125
022 D000003    245620
022 A000004 LEHMAN BROTHERS INC.
022 B000004 13-2518466
022 C000004    227250
022 D000004    130400
022 A000005 PAINEWEBBER INCORPORATED
022 B000005 13-2638166
022 C000005    203821
022 D000005    113521
022 A000006 FIRST CHICAGO INVESTMENT SECURITIES, INC.
022 B000006 36-2899825
022 C000006    157800
022 D000006    146800
022 A000007 PIPER JAFFRAY INC.
022 B000007 41-0953246
022 C000007    126835
022 D000007    176509
<PAGE>      PAGE  2
022 A000008 MORGAN STANLEY DEAN WITTER INCORPORATED
022 B000008 13-2655998
022 C000008    159775
022 D000008    112300
022 A000009 J.P. MORGAN SECURITIES INC.
022 B000009 13-3224016
022 C000009    140453
022 D000009    116623
022 A000010 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
022 B000010 13-5674085
022 C000010    163675
022 D000010     68793
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SIGNATURE   MICHAEL S. PETRUCELLI                        
TITLE       ASSIST TREASURER    
 


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<CIK> 0000740123
<NAME> DREYFUS TAX EXEMPT CASH MANAGEMENT
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   <NUMBER> 01
   <NAME> INSTIT. CLASS
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<S>                             <C>
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<DISTRIBUTIONS-OF-INCOME>                      (21743)
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<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000740123
<NAME> DREYFUS TAX EXEMPT CASH MANAGEMENT
<SERIES>
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   <NAME> INVEST. CLASS
<MULTIPLIER> 1000
       
<S>                             <C>
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<FISCAL-YEAR-END>                          JAN-31-1999
<PERIOD-END>                               JUL-31-1998
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<SENIOR-EQUITY>                                      0
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<SHARES-COMMON-STOCK>                           117958
<SHARES-COMMON-PRIOR>                           149138
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          (513)
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<NUMBER-OF-SHARES-SOLD>                         293708
<NUMBER-OF-SHARES-REDEEMED>                   (325214)
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<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000740123
<NAME> DREYFUS TAX EXEMPT CASH MANAGEMENT
<SERIES>
   <NUMBER> 2
   <NAME> INVESTOR SHARES
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
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<PERIOD-END>                               JAN-31-1997
<INVESTMENTS-AT-COST>                          1707104
<INVESTMENTS-AT-VALUE>                         1707104
<RECEIVABLES>                                    10892
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<SENIOR-EQUITY>                                      0
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<SHARES-COMMON-STOCK>                            44448
<SHARES-COMMON-PRIOR>                            79823
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<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          (468)
<OVERDISTRIBUTION-GAINS>                             0
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<NET-ASSETS>                                     44431
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                49727
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                    3016
<NET-INVESTMENT-INCOME>                          46711
<REALIZED-GAINS-CURRENT>                         (144)
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<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       (1698)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         296940
<NUMBER-OF-SHARES-REDEEMED>                   (332781)
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<NET-CHANGE-IN-ASSETS>                          244272
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                        (324)
<OVERDISTRIB-NII-PRIOR>                              0
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<EXPENSE-RATIO>                                   .005
<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> 4
   <NAME> PARTICIPANT SHARES
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          JAN-31-1997
<PERIOD-END>                               JAN-31-1997
<INVESTMENTS-AT-COST>                          1707104
<INVESTMENTS-AT-VALUE>                         1707104
<RECEIVABLES>                                    10892
<ASSETS-OTHER>                                    1950
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<PAYABLE-FOR-SECURITIES>                         29148
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<SHARES-COMMON-PRIOR>                                0
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<PER-SHARE-NII>                                   .006
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<PER-SHARE-DIVIDEND>                            (.006)
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</TABLE>


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