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<PAGE> PAGE 2
012 C020001 NJ
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013 B010001 NEW YORK
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 9
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SIGNATURE PATRICIA A. CRAVEN
TITLE ASSISTANT SECRETARY
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
REGISTRANT'S ANNUAL REPORT DATED MARCH 31, 1995 AND IS QUALIFIED IN ITS ENTIRETY
BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000750909
<NAME> HAWAIIAN TAX-FREE TRUST
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> MAR-31-1995
<PERIOD-END> MAR-31-1995
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<INVESTMENTS-AT-VALUE> 631,563,631
<RECEIVABLES> 11,189,263
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<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 644,094,044
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<OTHER-ITEMS-LIABILITIES> 1,538,198
<TOTAL-LIABILITIES> 1,538,198
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</TABLE>