<PAGE> 1
OPPENHEIMER MONEY MARKET FUND, INC.
SEMI-ANNUAL REPORT JUNE 30, 1994
(OPPENHEIMERFUNDS(R) LOGO)
[PHOTO #1 -- SEE EDGAR APPENDIX]
"LIFE IS FULL OF SURPRISES. I NEED TO
KNOW I CAN RELY ON OUR INVESTMENT
MONEY WHEN I NEED IT.
"WITH THIS FUND, I'VE EARNED
INCOME WHILE HAVING EASY ACCESS
TO MY INVESTMENT."
<PAGE> 2
FUND FACTS
IN THIS REPORT:
ANSWERS TO TWO TIMELY QUESTIONS YOU SHOULD ASK YOUR FUND'S MANAGERS.
* HOW HAS THE FUND RESPONDED TO RISING INTEREST RATES SINCE THE BEGINNING OF
THE YEAR?
* WHAT'S THE OUTLOOK FOR MONEY MARKET RATES FOR THE REST OF 1994?
FACTS EVERY SHAREHOLDER SHOULD KNOW ABOUT
OPPENHEIMER MONEY MARKET FUND
- --------------------------------------------------------------------------------
1 The Fund seeks current income that is consistent with
stability of principal and liquidity by investing in a
diversified portfolio of short-term money market
securities.
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2 Compounded annualized yield for the 6-month period ended
June 30, 1994 was 3.04%. The corresponding yield without
compounding for that period was 2.99%.
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3 The Fund's seven-day annualized yield as of June 30, 1994
was 3.73% with compounding and 3.66% without compounding.
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4 The Fund seeks to maintain a constant $1.00 per share net
asset value through an investment strategy that emphasizes
careful analysis and diversification to preserve capital.
Taking a conservative approach to credit quality, the Fund
invests only in highly rated short-term investments. The
Fund's portfolio allocation on June 30, 1994 was:(2)
SHORT-TERM CORPORATE NOTES 81.6%
U.S. GOVERNMENT SECURITIES 7.7%
DIRECT BANK OBLIGATIONS 3.8%
LETTERS OF CREDIT 3.7%
CERTIFICATES OF DEPOSIT 2.0%
BANKERS ACCEPTANCES 1.2%
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5 "Investors in this Fund are looking for competitive
yields and the assurance that their principal will be
safe, and we take both of those objectives seriously.
While we're always seeking opportunities to enhance
income, we won't compromise the high quality of the
portfolio or take inappropriate risks to do so."
Portfolio Manager Carol Wolf, June 30, 1994
(1) Compounded yields assume reinvestment of dividends.
(2) The Fund's portfolio is subject to change.
The Fund is neither insured nor guaranteed by the U.S. government, and there is
no assurance that the Fund will maintain a stable $1 share price in the future.
Past performance is not indicative of future results.
2 Oppenheimer Money Market Fund, Inc.
<PAGE> 3
REPORT TO SHAREHOLDERS
It is a pleasure to report that Oppenheimer Money Market Fund once again met
its objectives well for the six months ended June 30, 1994, providing a
competitive current yield while maintaining principal stability.
Over the last six months, short-term interest rates
rose dramatically, reflecting the Federal Reserve Board's preemptive strike
against inflation in a strengthening U.S. economy. Your managers took several
steps to capitalize on this rising rate environment. Most important, they
adjusted the Fund's average maturity in a manner that would provide the Fund
with maximum flexibility.
On one hand, your managers increased the Fund's
positions in short-maturity investments, such as overnight investments, to take
advantage of possible additional interest rate increases. On the other hand,
as short-term interest rates appeared to peak in May, your managers also
extended the maturities of some of the portfolio's holdings to approximately
five months.
This "barbell" approach, with very short-term
investments at one end of the portfolio bar and longer-maturity investments at
the other, is how your Fund seeks the balance needed to provide attractive
returns in any interest rate environment.
It is important to emphasize that your Fund generates
its return from a portfolio of high-quality money market instruments.
While your managers are always alert to opportunities to enhance portfolio
income, principal stability is their top priority.
Looking ahead, the outlook for the Fund is positive.
There are few signs of inflation on the horizon and the Federal Reserve has
announced its intent to maintain interest rates at their current ranges at
least for the near term. The recent weakness in the U.S. dollar relative
to other major currencies may prompt the Fed to raise interest rates faster and
higher than economic fundamentals alone might warrant. But with the
adjustments your managers have made over the past six months, Oppenheimer Money
Market Fund is ready to respond to whatever opportunities the future holds in
store.
We appreciate the confidence you have placed in
Oppenheimer Money Market Fund, and we look forward to continuing to help you
meet your financial goals in the future.
Donald W. Spiro
President
Oppenheimer Money Market Fund, Inc.
July 22, 1994
3 Oppenheimer Money Market Fund, Inc.
<PAGE> 4
STATEMENT OF INVESTMENTS June 30, 1994 (Unaudited)
<TABLE>
<CAPTION>
Face Market Value
Amount See Note 1
- ----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
Bankers' Acceptance--1.2%
Chase Manhattan Bank, N.A.,
4.60%, 9/29/94 (Cost $9,837,250) $ 10,000,000 $ 9,837,250
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Certificates of Deposit--2.0%
Domestic Certificates of Deposit--.9%
Huntington National Bank,
4.41%, 7/6/94(1) 7,000,000 6,996,202
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Yankee Certificates of Deposit--1.1%
Canadian Imperial Holdings, Inc.,
4.80%, 11/2/94 4,000,000 4,000,342
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Sanwa Bank Ltd.,
3.33%, 7/18/94 5,000,000 4,999,943
------------------
9,000,285
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Total Certificates of Deposit (Cost $15,996,487) 15,996,487
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Direct Bank Obligations--3.7%
Abbey National PLC, guaranteeing commercial paper of:
Abbey National North American Corp.,
3.50%, 7/18/94 3,000,000 2,995,042
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Canadian Imperial Bank of Commerce, guaranteeing
commercial paper of: Canadian Imperial Holdings, Inc.,
3.30%, 7/8/94 5,000,000 4,996,792
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First National Bank of Boston,
3.44%--4.74%,
7/11/94--11/9/94 12,500,000 12,500,179
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Toronto-Dominion Bank, guaranteeing commercial paper of:
Toronto-Dominion Holdings, Inc.,
4.63%, 11/10/94 10,000,000 9,830,233
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Total Direct Bank Obligations $ (30,322,246) 30,322,2462
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Letters of Credit--3.7%
Barclays Bank PLC, guaranteeing commercial paper of:
Banco Real S.A.-Grand Cayman Branch,
4.125%, 8/3/94 10,000,000 9,962,188
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Mitsubishi Bank, Ltd., guaranteeing commercial paper of:
Mitsubishi Motors Credit of America,
4.69%, 9/30/94 10,000,000 9,881,447
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Rabobank Nederland, guaranteeing commercial paper of:
Minnetonka Limited Fund, L.P. Series B,
4.02%, 8/2/94(3) 5,000,000 4,982,133
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Sanwa Bank Ltd., guaranteeing commercial paper of:
Orix America, Inc.,
4.55%--4.70%,
9/1/94--11/10/94(3) 5,000,000 4,944,866
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Total Letters of Credit $ (29,770,634) 29,770,634
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Short-Term Notes--80.8%
Asset-Backed--10.1% Beta Finance, Inc.,
3.42%, 7/25/94(3) 5,000,000 4,988,600
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CIESCO L.P.,
3.28%, 8/1/94 3,900,000 3,888,985
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Cooperative Association of Tractor Dealers , Inc.,
3.93%--4.35%, 7/7/94--8/8/94 24,800,000 24,762,108
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Corporate Asset Funding Co., Inc.,
4.50%, 9/1/94 10,000,000 9,922,500
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Corporate Receivable Corp.,
4.625%, 11/10/94 7,600,000 7,471,117
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CXC, Inc.,
4.30%--4.33%,
7/7/94--8/2/94 8,500,000 8,484,564
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First Deposit Master Trust 1993-3,
3.97%--4.67%, 7/6/94--9/26/94(3)(4) 17,500,000 17,380,904
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Structured Enhanced Return Trust 1994 Series A-07,
4.46%, 7/6/94(1)(3)(4) 5,000,000 5,000,000
------------------
81,898,778
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</TABLE>
4 Oppenheimer Money Market Fund, Inc.
<PAGE> 5
<TABLE>
<CAPTION>
Face Market Value
Amount See Note 1
- ----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
Banks--3.7%
BankAmerica Corp.,
3.55%, 7/8/94 $ 5,000,000 $ 4,996,549
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Bankers Trust New York Corp.,
4.30%, 7/1/94(1)(3)(4) 5,000,000 4,998,237
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Chase Manhattan Corp.,
4.60%--4.65%, 9/23/94--11/4/94 20,000,000 19,777,667
------------------
29,772,453
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Broker/Dealers--22.5%
Bear Stearns Cos. Inc.:
4.45%--4.475%, 7/1/94--7/6/94(1) 37,000,000 37,000,000
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CS First Boston Group,
3.95%--4.84%, 7/18/94--11/18/94 30,000,000 29,756,528
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Dean Witter, Discover & Co.,
4.50%, 8/19/94 5,000,000 4,969,375
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Goldman Sachs Group L.P.:
3.875%, 7/5/94 10,000,000 9,995,694
4.6125%, 9/21/94(1)(2)(3)(4) 5,000,000 5,000,000
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Lehman Brothers Holdings, Inc.,
4.1225%--4.595%, 7/1/94--7/20/94(1) 38,000,000 38,000,000
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Merrill Lynch & Co., Inc.,
4.46%--5%, 7/1/94--7/6/94 (1) 18,000,000 17,999,396
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Morgan Stanley Group, Inc.:
4.15%, 7/1/94(1) 25,000,000 25,000,000
4.10%, 7/5/94 5,000,000 4,997,722
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Republic New York Securities Corp.,
4.675%, 7/1/94(1) 10,000,000 10,000,000
------------------
182,718,715
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Commercial Finance--2.4%
CIT Group Holdings, Inc.,
4.49463%, 7/13/94(1)(2) 10,000,000 10,000,000
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Heller Financial, Inc.,
5.0125%, 9/21/94(1) 10,000,000 10,010,000
------------------
20,010,000
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Conglomerates--2.2%
Grand Metropolitan Investment Corp., guaranteed by Grand Metropolitan PLC,
4.65%, 11/7/94 10,000,000 9,831,942
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Pacific Dunlop Holdings, Inc., guaranteed by
Pacific Dunlop Ltd.,
3.25%, 7/20/94(3) 5,000,000 4,991,424
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Pacific Dunlop Ltd.,
4.25%, 10/5/94(3) 3,000,000 2,966,000
------------------
17,789,366
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Consumer Non-Cyclicals--3.7%
American Brands, Inc.,
3.30%--4.37%, 7/13/94--9/6/94 25,000,000 24,931,841
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Newell Co.,
4.70%, 11/18/94(3) 5,000,000 4,908,611
------------------
29,840,452
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Diversified Finance--11.1%
Ford Motor Credit Co.,
4.22%--4.37%, 7/8/94--7/15/94 14,800,000 14,783,346
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General Electric Capital Corp.,
4.30%--4.68%, 7/7/94--11/21/94 13,425,000 13,236,644
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General Motors Acceptance Corp.,
3.95%--4.75%, 7/11/94--11/18/94 30,000,000 29,639,306
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Transamerica Finance Corp.,
4.63%--4.65%, 11/3/94--11/4/94 33,000,000 32,468,486
------------------
90,127,782
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Education--1.8%
Harvard University,
4.60%, 7/1/94 14,743,000 14,743,000
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Factoring--1.2%
CSW Credit, Inc.,
4.30%--4.40%, 7/7/94--7/15/94 10,000,000 9,986,866
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Financial Services:
Miscellaneous--4.8%
Countrywide Funding Corp.,
4.23%--4.45%, 7/1/94--7/15/94 38,631,000 38,591,408
- ----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
5 Oppenheimer Money Market Fund, Inc.
<PAGE> 6
Statement of Investments (Unaudited) (Continued)
<TABLE>
<CAPTION>
Face Market Value
Amount See Note 1
- ----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
Foreign Government
Obligations--.6%
Finnish Export Credit Ltd., supported by the
Republic of Finland,
3.23%, 7/12/94 $ 5,000,000 $ 4,995,065
- ----------------------------------------------------------------------------------------------------------------------------------
Industrial--0.8%
BICC Cables Corp., guaranteed by BICC PLC,
3.25%--4.70%, 7/18/94--8/8/94 6,500,000 6,478,031
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Insurance--3.7%
Sun Life Insurance Co.,
4.525%, 7/1/94(1)(2) 30,000,000 30,000,000
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Leasing--4.4%
International Lease Finance Corp.,
4.65%, 11/14/94 11,000,000 10,806,767
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Sanwa Business Credit Corp.,
4.35%, 7/7/94 25,000,000 24,981,875
------------------
35,788,642
- ----------------------------------------------------------------------------------------------------------------------------------
Lubricants and Fuels--.3%
Burmah Castrol Finance PLC., guaranteed by Burmah Castrol PLC,
4.87%, 10/26/94(3) 3,000,000 2,952,518
- ----------------------------------------------------------------------------------------------------------------------------------
Municipal--2.5%
Carilion Services, Inc., guaranteed by MBIA,
4.50%--4.60%, 7/20/94--8/23/94 20,000,000 20,000,000
- ----------------------------------------------------------------------------------------------------------------------------------
Oil: Integrated
International--1.3%
Statoil guaranteed by Den Norske Stats Ojeselskap AS,
4.35%, 7/1/94 10,500,000 10,500,000
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Telecommunications--3.7% NYNEX Corp.,
4.55%--4.67%, 8/24/94--11/10/94 25,000,000 24,639,664
- ----------------------------------------------------------------------------------------------------------------------------------
Telefonica North America, Inc., guaranteed by
Telefonica Natl. de Espana S.A.,
4.42%, 7/18/94 5,000,000 4,989,564
------------------
29,629,228
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Total Short-Term Notes (Cost $655,822,304) 655,822,304
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Short-Term U.S. Government Obligations--7.6%
Export-Import Bank,
5.60%, 7/6/94(1)(3) 1,715,868 1,730,587
- ----------------------------------------------------------------------------------------------------------------------------------
Federal Home Loan Bank,
4.46%, 7/6/94(1) 10,000,000 10,000,000
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Small Business Administration,
4.625%--8.875%, 7/1/94(1) 49,794,672 49,794,671
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Total Short-Term U.S. Government Obligations
(Cost $61,525,258) 61,525,258
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Total Investments, at Value (Cost $803,274,179) 99.0% 803,274,179
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Other Assets Net of Liabilities 1.0 7,894,861
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Net Assets 100.0% $811,169,040
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</TABLE>
Short-term notes, bankers' acceptances, direct bank obligations and letters of
credit are generally traded on a discount basis; the interest rate is the
discount rate received by the Fund at the time of purchase. Other securities
normally bear interest at the rates shown.
1. Variable rate security. The interest rate, which is based on specific, or an
index of, market interest rates, is subject to change periodically and is the
effective rate on June 30, 1994.
2. Put obligation redeemable at full face value on the date reported.
3. Security purchased in private placement transaction, without registration
under the Securities Act of 1933 (the Act). The securities were acquired
between November 16, 1993 and June 30, 1994, are carried at amortized cost, and
amount to $64,843,880 or 8% of the Fund's net assets.
4. In addition to being restricted, the security is considered illiquid by
virtue of the absence of a readily available market or because of legal or
contractual restrictions on resale. Illiquid securities amount to $32,379,141,
or 4% of the Fund's net assets, at June 30, 1994. The Fund may not invest more
than 10% of its net assets (determined at the time of purchase) in illiquid
securities.
See accompanying Notes to Financial Statements.
6 Oppenheimer Money Market Fund, Inc.
<PAGE> 7
Statement of Assets and Liabilities
June 30, 1994 (Unaudited)
<TABLE>
<S> <C>
- ----------------------------------------------------------------------------------------------------------------------------------
Assets
- ----------------------------------------------------------------------------------------------------------------------------------
Investments, at value
(cost $803,274,179)--see accompanying statement $803,274,179
- ----------------------------------------------------------------------------------------------------------------------------------
Cash 2,145,832
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Receivables:
Shares of capital stock sold 40,418,908
Interest and principal paydowns 2,622,050
Other 167,246
Total assets 848,628,215
Liabilities Payables and other liabilities:
Shares of capital stock redeemed 36,091,934
Dividends 820,346
Other 546,895
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Total liabilities 37,459,175
- ----------------------------------------------------------------------------------------------------------------------------------
Net Assets $811,169,040
Composition of Net Assets
Par value of shares of capital stock $ 81,103,484
- ----------------------------------------------------------------------------------------------------------------------------------
Additional paid-in capital 729,931,354
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Accumulated net realized gain from investment transactions 134,202
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Net assets--applicable to 811,034,838 shares of capital
stock outstanding $811,169,040
- ----------------------------------------------------------------------------------------------------------------------------------
Net Asset Value, Redemption Price and Offering Price Per Share $1.00
- ----------------------------------------------------------------------------------------------------------------------------------
Statement of Operations For the Six Months Ended June 30, 1994 (Unaudited)
Investment Income Interest $ 14,196,270
Expenses Management fees--Note 3 1,615,488
Transfer and shareholder servicing agent fees--Note 3 1,064,966
Shareholder reports 139,392
Custodian fees and expenses 106,433
Directors' fees and expenses 30,154
Legal and auditing fees 13,883
Other 146,418
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Total expenses 3,116,734
- ----------------------------------------------------------------------------------------------------------------------------------
Net Investment Income 11,079,536
Net Realized Gain on Investments 133,692
Net Increase in Net Assets Resulting From Operations $ 11,213,228
- ----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
See accompanying Notes to Financial Statements.
7 Oppenheimer Money Market Fund, Inc.
<PAGE> 8
Statements of Changes in Net Assets
<TABLE>
<CAPTION>
Six Months Ended Year Ended
June 30, 1994 December 31, 1993
(Unaudited)
- ----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
Operations Net investment income $11,079,536 $17,321,066
- ----------------------------------------------------------------------------------------------------------------------------------
Net realized gain on investments 133,692 211,020
- ----------------------------------------------------------------------------------------------------------------------------------
Net increase in net assets resulting from operations 11,213,228 17,532,086
- ----------------------------------------------------------------------------------------------------------------------------------
Dividends and Distributions To Shareholders (11,079,536) (17,675,610)
- ----------------------------------------------------------------------------------------------------------------------------------
Capital Stock Transactions Net increase (decrease)
in net assets resulting from capital stock
transactions--Note 2 199,757,923 (80,347,909)
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Net Assets Total increase (decrease) 199,891,615 (80,491,433)
- ----------------------------------------------------------------------------------------------------------------------------------
Beginning of period 611,277,425 691,768,858
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End of period $811,169,040 $611,277,425
- ----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
See accompanying Notes to Financial Statements.
8 Oppenheimer Money Market Fund, Inc.
<PAGE> 9
Financial Highlights
<TABLE>
<CAPTION>
Six Months
Ended June 30, Year Ended
1994 December 31,
(Unaudited) 1993 1992 1991 1990 1989
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<S> <C> <C> <C>
Per Share Operating Data:
Net asset value, beginning of period $1.00 $1.00 $1.00 $1.00 $1.00 $1.00
- ----------------------------------------------------------------------------------------------------------------------------------
Income from investment operations--net investment
income and net realized gain on investments .01 .03 .03 .06 .08 .08
- ----------------------------------------------------------------------------------------------------------------------------------
Dividends and distributions to shareholders (.01) (.03) (.03) (.06) (.08) (.08)
- ----------------------------------------------------------------------------------------------------------------------------------
Net asset value, end of period $1.00 $1.00 $1.00 $1.00 $1.00 $1.00
- ----------------------------------------------------------------------------------------------------------------------------------
Ratios/Supplemental Data:
Net assets, end of period (in millions) $ 811 $611 $692 $899 $1,082 $940
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Average net assets (in millions) $770 $653 $811 $1,003 $1,033 $873
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Number of shares outstanding
at end of period (in millions) 811 611 692 899 1,082 940
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Ratios to average net assets:
Net investment income 2.90%(1) 2.65% 3.42% 5.66% 7.66% 8.55%
- ----------------------------------------------------------------------------------------------------------------------------------
Expenses .82%(1) .87% .88% .77% .74% .78%
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</TABLE>
1. Annualized.
See accompanying Notes to Financial Statements.
9 Oppenheimer Money Market Fund, Inc.
<PAGE> 10
Notes to Financial Statements (Unaudited)
1. Significant Accounting Policies
Oppenheimer Money Market Fund, Inc. (the Fund) is registered under the
Investment Company Act of 1940, as amended, as a diversified, open-end
management investment company. The Fund's investment advisor is Oppenheimer
Management Corporation (the Manager). The following is a summary of significant
accounting policies consistently followed by the Fund.
Investment Valuation. Portfolio securities are valued on the basis of amortized
cost, which approximates market value.
Federal Income Taxes. The Fund intends to continue to comply with provisions of
the Internal Revenue Code applicable to regulated investment companies and to
distribute all of its taxable income to shareholders. Therefore, no federal
income tax provision is required.
Directors' Fees and Expenses. The Fund has adopted a nonfunded retirement plan
for the Fund's independent directors. Benefits are based on years of service
and fees paid to each director during the years of service. During the six
months ended June 30, 1994, a provision of $32,999 was made for the Fund's
projected benefit obligations, resulting in an accumulated liability of
$150,740 at June 30, 1994. No payments have been made under the plan.
Distributions to Shareholders. The Fund intends to declare dividends from net
investment income each day the New York Stock Exchange is open for business and
pay such dividends monthly. To effect its policy of maintaining a net asset
value of $1.00 per share, the Fund may withhold dividends or make distributions
of net realized gains.
Other. Investment transactions are accounted for on the date the investments
are purchased or sold (trade date). Realized gains and losses on investments
are determined on an identified cost basis, which is the same basis used for
federal income tax purposes.
2. Capital Stock
The Fund has authorized 5,000,000,000 shares of $.10 par value capital stock.
Transactions in shares of capital stock were as follows:
<TABLE>
<CAPTION>
Six Months Ended June 30, 1994 Year Ended December 31, 1993
Shares Amount Shares Amount
- ----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Sold 970,326,652 $970,326,652 1,042,487,698 $1,042,487,698
- ----------------------------------------------------------------------------------------------------------------------------------
Dividends and distributions reinvested 9,617,499 9,617,499 16,858,588 16,858,588
Redeemed (780,186,228) (780,186,228) (1,139,694,195) (1,139,694,195)
Net increase (decrease) 199,757,923 $199,757,923 (80,347,909) $(80,347,909)
- ----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
3. Management Fees And Other Transactions With Affiliates
Management fees paid to the Manager were in accordance with the investment
advisory agreement with the Fund which provides for an annual fee of .45% on
the first $500 million of net assets with a reduction of .025% on each $500
million thereafter, to .375% on net assets in excess of $1.5 billion. The
Manager has agreed to reimburse the Fund if aggregate expenses (with specified
exceptions) exceed the lesser of 1% of average annual net assets of the Fund or
25% of the total annual investment income of the Fund. Oppenheimer Shareholder
Services (OSS), a division of the Manager, is the transfer and shareholder
servicing agent for the Fund, and for other registered investment companies.
OSS's total costs of providing such services are allocated ratably to these
companies.
10 Oppenheimer Money Market Fund, Inc.
<PAGE> 11
Oppenheimer Money Market Fund, Inc.
Officers and Directors
- --------------------------------------------------------------------------------
Leon Levy, Chairman of the Board of Directors
Leo Cherne, Director
Edmund T. Delaney, Director
Robert G. Galli, Director
Benjamin Lipstein, Director
Elizabeth B. Moynihan, Director
Kenneth A. Randall, Director
Edward V. Regan, Director
Russell S. Reynolds, Jr., Director
Sidney M. Robbins, Director
Donald W. Spiro, Director and President
Pauline Trigere, Director
Clayton K. Yeutter, Director
Carol E. Wolf, Vice President
George C. Bowen, Treasurer
Robert J. Bishop, Assistant Treasurer
Scott Farrar, Assistant Treasurer
Andrew J. Donohue, Secretary
Robert G. Zack, Assistant Secretary
- --------------------------------------------------------------------------------
Investment Advisor Oppenheimer Management Corporation
- --------------------------------------------------------------------------------
Distributor Oppenheimer Funds Distributor, Inc.
- --------------------------------------------------------------------------------
Transfer and Shareholder
Servicing Agent
Oppenheimer Shareholder Services
- --------------------------------------------------------------------------------
Custodian of
Portfolio Securities
Citibank, N.A.
- --------------------------------------------------------------------------------
Independent Auditors KPMG Peat Marwick
- --------------------------------------------------------------------------------
Legal Counsel Gordon Altman Butowsky Weitzen Shalov & Wein
- --------------------------------------------------------------------------------
The financial statements included herein have been taken from the records of
the Fund without examination by the independent auditors.
- --------------------------------------------------------------------------------
This is a copy of a report to shareholders of Oppenheimer Money Market Fund,
Inc. This report must be preceded or accompanied by a Prospectus of Oppenheimer
Money Market Fund, Inc. For material information concerning the Fund, see the
Prospectus.
- --------------------------------------------------------------------------------
11 Oppenheimer Money Market Fund, Inc.
<PAGE> 12
"HOW MAY I HELP YOU?"
[PHOTO #2 -- SEE EDGAR APPENDIX]
"Just as OppenheimerFunds offers over 30 different mutual funds designed to
help meet virtually every investment need, Oppenheimer Shareholder Services
offers a variety of services to satisfy your individual needs. Whenever you
require help, we're only a toll-free phone call away.
"For personalized assistance and account information, call
our General Information number to speak with our knowledgeable Customer Service
Representatives and get the help you need.
"When you want to make account transactions, it's easy for
you to redeem shares, exchange shares, or conduct AccountLink transactions,
simply by calling our Telephone Transactions number.
"And for added convenience, OppenheimerFunds' PhoneLink, an
automated voice response system is available 24 hours a day, 7 days a week.
PhoneLink gives you access to a variety of fund, account, and market
information. You can even make purchases, exchanges and redemptions using your
touch-tone phone. Of course, PhoneLink will always give you the option to speak
with a Customer Service Representative during the hours shown to the left.
"When you invest in OppenheimerFunds, you know you'll
receive a high level of customer service. The International Customer Service
Association knows it, too, as it awarded Oppenheimer Shareholder Services a
1993 Award of Excellence for consistently demonstrating superior customer
service.
"Whatever your needs, we're ready to assist you."
(1993 AWARD OF EXCELLENCE INTERNATIONAL CUSTOMER SERVICE ASSOCIATION LOGO)
GENERAL INFORMATION
1-800-525-7048
Talk to a Customer Service
Representative.
Monday through Friday from
8:30 a.m. to 8:00 p.m., and
Saturday from 10:00 a.m.
to 2:00 p.m. ET.
TELEPHONE TRANSACTIONS
1-800-852-8457
Make account transactions with a
Customer Service Representative.
Monday through Friday from
8:30 a.m. to 8:00 p.m. ET.
PHONELINK
1-800-533-3310
Get automated information or
make automated transactions.
24 hours a day, 7 days a week.
TELECOMMUNICATION
DEVICE FOR THE DEAF
1-800-843-4461
Service for the hearing impaired.
Monday through Friday from
8:30 a.m. to 8:00 p.m. ET.
OPPENHEIMERFUNDS
INFORMATION HOTLINE
1-800-835-3104
Hear timely and insightful
messages on the economy and
issues that affect your finances.
24 hours a day, 7 days a week.
RS200.0794.N
(OPPENHEIMERFUNDS(R) LOGO)
Oppenheimer Funds Distributor, Inc.
P.O. Box 5270
Denver, CO 80217-5270
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Bulk Rate
U.S. Postage
PAID
Permit No. 469
Denver, CO
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<PAGE> 13
APPENDIX TO ELECTRONIC FORMAT DOCUMENT
The front cover of the report in the printed version contains a photo
(photo # 1) of a woman and two girls.
The back cover of the report in the printed version contains a photo
(photo #2) of Barbara Hennigar, Chief Executive Officer, Oppenheimer
Shareholder Services.
