OPPENHEIMER MONEY MARKET FUND INC
497, 1995-07-26
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                    OPPENHEIMER MONEY MARKET FUND, INC.
                   Supplement dated July 14, 1995 to the
           Statement of Additional Information dated May 1, 1995

The Statement of Additional Information is amended as follows:

1.   In the section entitled "Distributions from Retirement Plans" on page
16, the phrase "401(k) plans" is added after "403(b)(7) custodial plans"
in the first sentence, and the third sentence of that section is revised
to read as follows:

  Participants (other than self-employed persons maintaining a plan
  account in their own name) in OppenheimerFunds-sponsored prototype
  pension, profit-sharing or 401(k) plans may not directly redeem or
  exchange shares held for their account under those plans.

2.   In the section entitled "Special Arrangements for Repurchase of
Shares from Dealers and Brokers" on page 17, the last sentence of that
section is revised to read as follows:
  
  Ordinarily, for accounts redeemed by a broker-dealer under this
  procedure, payment will be made within three business days after the
  shares have been redeemed upon the Distributor's receipt the
  required redemption documents in proper form, with the signature(s)
  of the registered owners guaranteed on the redemption document as
  described in the Prospectus.

3.   In the section entitled "How To Exchange Shares" on page 19, the
fourth full paragraph is changed by adding new second and third sentences
as follows:

  However, shares of Oppenheimer Money Market Fund, Inc. purchased
  with the redemption proceeds of shares of other mutual funds (other
  than funds managed by the Manager or its subsidiaries) redeemed
  within the 12 months prior to that purchase may subsequently be
  exchanged for shares of other OppenheimerFunds without being subject
  to an initial or contingent deferred sales charge, whichever is
  applicable.  To qualify for that privilege, the investor or the
  investor's dealer must notify the Distributor of eligibility for
  this privilege at the time the shares of Oppenheimer Money Market
  Fund, Inc. are purchased, and, if requested, must supply proof of
  entitlement to this privilege.




July 14, 1995                                          PX0200.002



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