<PAGE>
000 A000000 09/30/1999
000 C000000 0000759699
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 A
001 A000000 CORTLAND TRUST, INC.
001 B000000 811-4179
001 C000000 2128305220
002 A000000 600 FIFTH AVENUE
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10020
002 D020000 2302
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 3
007 C010100 1
007 C020100 CORTLAND GENERAL MONEY MARKET FUND
007 C030100 N
007 C010200 2
007 C020200 U.S. GOVERNMENT FUND
007 C030200 N
007 C010300 3
007 C020300 MUNICIPAL MONEY MARKET FUND
007 C030300 N
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A00AA01 REICH & TANG ASSET MANAGEMENT L.P.
008 B00AA01 A
008 C00AA01 801-47230
008 D01AA01 NEW YORK
008 D02AA01 NY
008 D03AA01 10020
008 D04AA01 2302
011 A00AA01 REICH & TANG DISTRIBUTORS INC.
011 B00AA01 8-43429
011 C01AA01 NEW YORK
011 C02AA01 NY
011 C03AA01 10020
<PAGE>
011 C04AA01 2302
012 A00AA01 REICH & TANG SERVICES INC.
012 B00AA01 84-2007
012 C01AA01 NEW YORK
012 C02AA01 NY
012 C03AA01 10020
012 C04AA01 2302
013 A00AA01 ERNST & YOUNG LLP
013 B01AA01 NEW YORK
013 B02AA01 NY
013 B03AA01 10019
015 A00AA01 INVESTORS FIDUCIARY TRUST COMPANY
015 B00AA01 C
015 C01AA01 KANSAS CITY
015 C02AA01 MO
015 C03AA01 64105
015 E01AA01 X
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 22
019 C00AA00 REICHTANGI
020 C000001 0
020 C000002 0
020 C000003 0
020 C000004 0
020 C000005 0
020 C000006 0
020 C000007 0
020 C000008 0
020 C000009 0
020 C000010 0
021 000000 0
022 A000001 GOLDMAN, SACHS & CO.
022 B000001 13-5108880
022 C000001 23182452
022 D000001 336810
022 A000002 MORGAN (J.P.) SECURITIES INC.
022 B000002 13-3224016
022 C000002 5711000
022 D000002 15000
022 A000003 BANK ONE CAPITAL CORPORATION
022 B000003 31-1017233
022 C000003 2934976
022 D000003 10300
022 A000004 WESTDEUTSCHE LANDESBANK
022 B000004 13-2677075
022 C000004 1634042
022 D000004 0
022 A000005 SALOMON SMITH BARNEY INC.
022 B000005 11-2418191
022 C000005 1239211
<PAGE> PAGE 3
022 D000005 5924
022 A000006 BANK OF AMERICA NT & SA
022 B000006 94-1687665
022 C000006 775500
022 D000006 14993
022 A000007 PNC SECURITIES CORP.
022 B000007 25-1471636
022 C000007 462259
022 D000007 250
022 A000008 PAIN WEBBER INCORPORATED
022 B000008 13-2638166
022 C000008 390158
022 D000008 0
022 A000009 CHASE SECURITIES, INC.
022 B000009 13-3112953
022 C000009 351157
022 D000009 18828
022 A000010 CIBC OPPENHEIMER CORP.
022 B000010 13-2798343
022 C000010 229176
022 D000010 0
023 C000000 37829510
023 D000000 478234
024 00AA00 N
025 D00AA01 0
025 D00AA02 0
025 D00AA03 0
025 D00AA04 0
025 D00AA05 0
025 D00AA06 0
025 D00AA07 0
025 D00AA08 0
026 A000000 N
026 B000000 N
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
034 00AA00 N
035 00AA00 0
036 B00AA00 0
037 00AA00 N
038 00AA00 0
039 00AA00 N
040 00AA00 Y
041 00AA00 Y
054 A00AA00 Y
<PAGE>
054 B00AA00 Y
054 C00AA00 Y
054 D00AA00 Y
054 E00AA00 Y
054 F00AA00 Y
054 G00AA00 Y
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 Y
054 L00AA00 Y
054 M00AA00 Y
054 N00AA00 Y
054 O00AA00 Y
055 A00AA00 N
055 B00AA00 N
056 00AA00 Y
057 00AA00 N
058 A00AA00 N
059 00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061 00AA00 1000
066 A00AA00 N
067 00AA00 N
068 A00AA00 N
068 B00AA00 N
069 00AA00 N
077 A000000 Y
077 B000000 N
077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
077 Q010000 Y
077 Q020000 N
077 Q030000 N
078 000000 N
083 B00AA00 0
084 B00AA00 0
086 A010000 0
<PAGE>
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
028 A010100 693362
028 A020100 4951
028 A030100 0
028 A040100 661759
028 B010100 558936
028 B020100 4672
028 B030100 0
028 B040100 537879
028 C010100 575344
028 C020100 5660
028 C030100 0
028 C040100 525456
028 D010100 524000
028 D020100 5543
028 D030100 0
028 D040100 501311
028 E010100 612756
028 E020100 6140
028 E030100 0
028 E040100 593821
028 F010100 572848
028 F020100 6004
028 F030100 0
028 F040100 575647
028 G010100 3537246
028 G020100 32970
028 G030100 0
028 G040100 3395873
028 H000100 0
029 000100 N
030 A000100 0
030 B000100 0.00
030 C000100 0.00
031 A000100 0
031 B000100 0
032 000100 0
033 000100 0
042 A000100 0
042 B000100 0
042 C000100 100
<PAGE>
042 D000100 0
042 E000100 0
042 F000100 0
042 G000100 0
042 H000100 0
043 000100 1687
044 000100 3552
045 000100 Y
046 000100 N
047 000100 Y
048 000100 0.000
048 A010100 500
048 A020100 .80
048 B010100 500
048 B020100 .775
048 C010100 500
048 C020100 .750
048 D010100 0
048 D020100 .725
048 E010100 0
048 E020100 0.000
048 F010100 0
048 F020100 0.000
048 G010100 0
048 G020100 0.000
048 H010100 0
048 H020100 0.000
048 I010100 0
048 I020100 0.000
048 J010100 0
048 J020100 0.000
048 K010100 0
048 K020100 0.000
049 000100 N
050 000100 N
051 000100 N
052 000100 N
053 A000100 Y
053 B000100 Y
053 C000100 N
062 A000100 Y
062 B000100 0.0
062 C000100 0.0
062 D000100 2.6
062 E000100 0.0
062 F000100 11.2
062 G000100 1.5
062 H000100 0.0
062 I000100 34.9
062 J000100 6.7
062 K000100 0.0
<PAGE> PAGE 7
062 L000100 43.1
062 M000100 0.0
062 N000100 0.0
062 O000100 0.0
062 P000100 0.0
062 Q000100 0.0
062 R000100 0.0
063 A000100 54
063 B000100 0.0
064 A000100 Y
064 B000100 N
070 A010100 Y
070 A020100 Y
070 B010100 N
070 B020100 N
070 C010100 N
070 C020100 N
070 D010100 N
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 N
070 F020100 N
070 G010100 N
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 N
070 J020100 N
070 K010100 N
070 K020100 N
070 L010100 Y
070 L020100 Y
070 M010100 N
070 M020100 N
070 N010100 N
070 N020100 N
070 O010100 N
070 O020100 N
070 P010100 N
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100 0
071 B000100 0
071 C000100 0
071 D000100 0
<PAGE>
072 A000100 6
072 B000100 40722
072 C000100 0
072 D000100 0
072 E000100 0
072 F000100 6021
072 G000100 0
072 H000100 0
072 I000100 0
072 J000100 0
072 K000100 0
072 L000100 0
072 M000100 0
072 N000100 0
072 O000100 0
072 P000100 0
072 Q000100 0
072 R000100 0
072 S000100 0
072 T000100 1768
072 U000100 0
072 V000100 0
072 W000100 85
072 X000100 7874
072 Y000100 81
072 Z000100 32929
072AA000100 10
072BB000100 0
072CC010100 0
072CC020100 0
072DD010100 15494
072DD020100 17515
072EE000100 0
073 A010100 0.0208
073 A020100 0.0209
073 B000100 0.0000
073 C000100 0.0000
074 A000100 6905
074 B000100 42000
074 C000100 1600414
074 D000100 0
074 E000100 0
074 F000100 0
074 G000100 0
074 H000100 0
074 I000100 0
074 J000100 0
074 K000100 0
074 L000100 10379
074 M000100 0
074 N000100 1659698
<PAGE> PAGE 9
074 O000100 9708
074 P000100 0
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 3011
074 S000100 0
074 T000100 1646979
074 U010100 796960
074 U020100 851792
074 V010100 1.00
074 V020100 1.00
074 W000100 0.9988
074 X000100 113941
074 Y000100 0
075 A000100 1582170
075 B000100 0
076 000100 0.00
080 C000100 0
081 B000100 0
082 B000100 0
028 A010200 53823
028 A020200 649
028 A030200 0
028 A040200 59428
028 B010200 52750
028 B020200 606
028 B030200 0
028 B040200 50001
028 C010200 45616
028 C020200 701
028 C030200 0
028 C040200 64723
028 D010200 64058
028 D020200 654
028 D030200 0
028 D040200 54919
028 E010200 59633
028 E020200 723
028 E030200 0
028 E040200 54315
028 F010200 47603
028 F020200 686
028 F030200 0
028 F040200 60170
028 G010200 323483
028 G020200 4019
028 G030200 0
028 G040200 343556
028 H000200 0
<PAGE>
029 000200 N
030 A000200 0
030 B000200 0.00
030 C000200 0.00
031 A000200 0
031 B000200 0
032 000200 0
033 000200 0
042 A000200 0
042 B000200 0
042 C000200 100
042 D000200 0
042 E000200 0
042 F000200 0
042 G000200 0
042 H000200 0
043 000200 143
044 000200 491
045 000200 Y
046 000200 N
047 000200 Y
048 000200 0.000
048 A010200 500
048 A020200 .80
048 B010200 500
048 B020200 .775
048 C010200 500
048 C020200 .750
048 D010200 0
048 D020200 .725
048 E010200 0
048 E020200 0.000
048 F010200 0
048 F020200 0.000
048 G010200 0
048 G020200 0.000
048 H010200 0
048 H020200 0.000
048 I010200 0
048 I020200 0.000
048 J010200 0
048 J020200 0.000
048 K010200 0
048 K020200 0.000
049 000200 N
050 000200 N
051 000200 N
052 000200 N
053 A000200 Y
053 B000200 Y
053 C000200 N
<PAGE>
062 A000200 Y
062 B000200 0.0
062 C000200 53.1
062 D000200 47.5
062 E000200 0.0
062 F000200 0.0
062 G000200 0.0
062 H000200 0.0
062 I000200 0.0
062 J000200 0.0
062 K000200 0.0
062 L000200 -0.6
062 M000200 0.0
062 N000200 0.0
062 O000200 0.0
062 P000200 0.0
062 Q000200 0.0
062 R000200 0.0
063 A000200 44
063 B000200 0.0
064 A000200 Y
064 B000200 N
070 A010200 Y
070 A020200 Y
070 B010200 N
070 B020200 N
070 C010200 N
070 C020200 N
070 D010200 N
070 D020200 N
070 E010200 N
070 E020200 N
070 F010200 N
070 F020200 N
070 G010200 N
070 G020200 N
070 H010200 N
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 N
070 J020200 N
070 K010200 N
070 K020200 N
070 L010200 N
070 L020200 N
070 M010200 N
070 M020200 N
070 N010200 N
070 N020200 N
070 O010200 N
<PAGE>
070 O020200 N
070 P010200 N
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200 0
071 B000200 0
071 C000200 0
071 D000200 0
072 A000200 6
072 B000200 4938
072 C000200 0
072 D000200 0
072 E000200 0
072 F000200 757
072 G000200 0
072 H000200 0
072 I000200 0
072 J000200 0
072 K000200 0
072 L000200 0
072 M000200 0
072 N000200 0
072 O000200 0
072 P000200 0
072 Q000200 0
072 R000200 0
072 S000200 0
072 T000200 230
072 U000200 0
072 V000200 0
072 W000200 21
072 X000200 1008
072 Y000200 87
072 Z000200 4017
072AA000200 1
072BB000200 0
072CC010200 0
072CC020200 0
072DD010200 1289
072DD020200 1541
072EE000200 1189
073 A010200 0.0199
073 A020200 0.0203
073 B000200 0.0000
073 C000200 0.0000
074 A000200 248
074 B000200 90000
074 C000200 100587
<PAGE>
074 D000200 0
074 E000200 0
074 F000200 0
074 G000200 0
074 H000200 0
074 I000200 0
074 J000200 0
074 K000200 0
074 L000200 913
074 M000200 0
074 N000200 191748
074 O000200 2000
074 P000200 0
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 279
074 S000200 0
074 T000200 189469
074 U010200 67302
074 U020200 67397
074 V010200 1.00
074 V020200 1.00
074 W000200 0.9983
074 X000200 6964
074 Y000200 0
075 A000200 198972
075 B000200 0
076 000200 0.00
080 C000200 0
081 B000200 0
082 B000200 0
028 A010300 125502
028 A020300 594
028 A030300 0
028 A040300 133352
028 B010300 81280
028 B020300 611
028 B030300 0
028 B040300 82918
028 C010300 101950
028 C020300 672
028 C030300 0
028 C040300 120935
028 D010300 112847
028 D020300 567
028 D030300 0
028 D040300 93283
028 E010300 110053
028 E020300 647
<PAGE>
028 E030300 0
028 E040300 99770
028 F010300 88822
028 F020300 646
028 F030300 0
028 F040300 111151
028 G010300 620454
028 G020300 3737
028 G030300 0
028 G040300 641409
028 H000300 0
029 000300 N
030 A000300 0
030 B000300 0.00
030 C000300 0.00
031 A000300 0
031 B000300 0
032 000300 0
033 000300 0
042 A000300 0
042 B000300 0
042 C000300 100
042 D000300 0
042 E000300 0
042 F000300 0
042 G000300 0
042 H000300 0
043 000300 185
044 000300 747
045 000300 Y
046 000300 N
047 000300 Y
048 000300 0.000
048 A010300 500
048 A020300 .80
048 B010300 500
048 B020300 .775
048 C010300 500
048 C020300 .750
048 D010300 0
048 D020300 .725
048 E010300 0
048 E020300 0.000
048 F010300 0
048 F020300 0.000
048 G010300 0
048 G020300 0.000
048 H010300 0
048 H020300 0.000
048 I010300 0
048 I020300 0.000
<PAGE>
048 J010300 0
048 J020300 0.000
048 K010300 0
048 K020300 0.000
049 000300 N
050 000300 N
051 000300 N
052 000300 N
053 A000300 Y
053 B000300 Y
053 C000300 N
062 A000300 Y
062 B000300 0.0
062 C000300 0.0
062 D000300 0.0
062 E000300 100.0
062 F000300 0.0
062 G000300 0.0
062 H000300 0.0
062 I000300 0.0
062 J000300 0.0
062 K000300 0.0
062 L000300 0.0
062 M000300 0.0
062 N000300 0.0
062 O000300 0.0
062 P000300 0.0
062 Q000300 0.0
062 R000300 0.0
063 A000300 57
063 B000300 0.0
064 A000300 Y
064 B000300 N
070 A010300 Y
070 A020300 N
070 B010300 N
070 B020300 N
070 C010300 N
070 C020300 N
070 D010300 N
070 D020300 N
070 E010300 N
070 E020300 N
070 F010300 N
070 F020300 N
070 G010300 N
070 G020300 N
070 H010300 N
070 H020300 N
070 I010300 N
070 I020300 N
<PAGE>
070 J010300 N
070 J020300 N
070 K010300 N
070 K020300 N
070 L010300 N
070 L020300 N
070 M010300 N
070 M020300 N
070 N010300 N
070 N020300 N
070 O010300 N
070 O020300 N
070 P010300 N
070 P020300 N
070 Q010300 N
070 Q020300 N
070 R010300 N
070 R020300 N
071 A000300 0
071 B000300 0
071 C000300 0
071 D000300 0
072 A000300 6
072 B000300 5097
072 C000300 0
072 D000300 0
072 E000300 0
072 F000300 1141
072 G000300 0
072 H000300 0
072 I000300 0
072 J000300 0
072 K000300 0
072 L000300 0
072 M000300 0
072 N000300 0
072 O000300 0
072 P000300 0
072 Q000300 0
072 R000300 0
072 S000300 0
072 T000300 359
072 U000300 0
072 V000300 0
072 W000300 31
072 X000300 1531
072 Y000300 174
072 Z000300 3740
072AA000300 0
072BB000300 0
072CC010300 0
<PAGE>
072CC020300 0
072DD010300 689
072DD020300 736
072EE000300 2315
073 A010300 0.0120
073 A020300 0.0121
073 B000300 0.0000
073 C000300 0.0000
074 A000300 0
074 B000300 0
074 C000300 285071
074 D000300 0
074 E000300 0
074 F000300 0
074 G000300 0
074 H000300 0
074 I000300 0
074 J000300 0
074 K000300 0
074 L000300 1799
074 M000300 7
074 N000300 286870
074 O000300 0
074 P000300 0
074 Q000300 0
074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 1901
074 S000300 0
074 T000300 284969
074 U010300 54572
074 U020300 54740
074 V010300 1.00
074 V020300 1.00
074 W000300 0.9996
074 X000300 2703
074 Y000300 0
075 A000300 299792
075 B000300 0
076 000300 0.00
080 C000300 0
081 B000300 0
082 B000300 0
SIGNATURE BERNADETTE N. FINN
TITLE SECRETARY
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND> The schedule contains summary financial information
extracted from the financial statements and supporting
schedules as of the end of the most current period and is
qualified in its entirety by reference to such financial
statements.
</LEGEND>
<CIK> 0000759699
<NAME> Cortland Trust, Inc.
<SERIES>
<NUMBER> 1
<NAME> Cortland General Money Market Fund/Cortland Shares
<S> <C>
<PERIOD-TYPE> 6-mos
<FISCAL-YEAR-END> MAR-31-2000
<PERIOD-START> APR-01-1999
<PERIOD-END> SEP-30-1999
<INVESTMENTS-AT-COST> 1642414114
<INVESTMENTS-AT-VALUE> 1642414114
<RECEIVABLES> 10378664
<ASSETS-OTHER> 6904799
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1659697577
<PAYABLE-FOR-SECURITIES> 9707500
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3011211
<TOTAL-LIABILITIES> 12718711
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1648752454
<SHARES-COMMON-STOCK> 1648752454
<SHARES-COMMON-PRIOR> 1474409075
<ACCUMULATED-NII-CURRENT> 64760
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1838348)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 1646978866
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 40721670
<OTHER-INCOME> 0
<EXPENSES-NET> 7793169
<NET-INVESTMENT-INCOME> 32928501
<REALIZED-GAINS-CURRENT> 10360
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 32938861
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 33009394
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3537246059
<NUMBER-OF-SHARES-REDEEMED> 3395873082
<SHARES-REINVESTED> 32970402
<NET-CHANGE-IN-ASSETS> 174272846
<ACCUMULATED-NII-PRIOR> 145653
<ACCUMULATED-GAINS-PRIOR> (1848708)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 6020406
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 7874061
<AVERAGE-NET-ASSETS> 1582170309
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .02
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> .02
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 1.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND> The schedule contains summary financial information
extracted from the financial statements and supporting
schedules as of the end of the most current period and is
qualified in its entirety by reference to such financial
statements.
</LEGEND>
<CIK> 0000759699
<NAME> Cortland Trust, Inc.
<SERIES>
<NUMBER> 2
<NAME> Cortland General Money Market Fund/Live Oak Shares
<S> <C>
<PERIOD-TYPE> 6-mos
<FISCAL-YEAR-END> MAR-31-2000
<PERIOD-START> APR-01-1999
<PERIOD-END> SEP-30-1999
<INVESTMENTS-AT-COST> 1642414114
<INVESTMENTS-AT-VALUE> 1642414114
<RECEIVABLES> 10378664
<ASSETS-OTHER> 6904799
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1659697577
<PAYABLE-FOR-SECURITIES> 9707500
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3011211
<TOTAL-LIABILITIES> 12718711
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1648752454
<SHARES-COMMON-STOCK> 1648752454
<SHARES-COMMON-PRIOR> 1474409075
<ACCUMULATED-NII-CURRENT> 64760
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1838348)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 1646978866
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 40721670
<OTHER-INCOME> 0
<EXPENSES-NET> 7793169
<NET-INVESTMENT-INCOME> 32928501
<REALIZED-GAINS-CURRENT> 10360
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 32938861
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 33009394
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3537246059
<NUMBER-OF-SHARES-REDEEMED> 3395873082
<SHARES-REINVESTED> 32970402
<NET-CHANGE-IN-ASSETS> 174272846
<ACCUMULATED-NII-PRIOR> 145653
<ACCUMULATED-GAINS-PRIOR> (1848708)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 6020406
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 7874061
<AVERAGE-NET-ASSETS> 1582170309
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .02
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> .02
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.97
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND> The schedule contains summary financial information
extracted from the financial statements and supporting
schedules as of the end of the most current period and is
qualified in its entirety by reference to such financial
statements.
</LEGEND>
<CIK> 0000759699
<NAME> Cortland Trust, Inc.
<SERIES>
<NUMBER> 3
<NAME> U.S. Government Fund/Cortland Shares
<S> <C>
<PERIOD-TYPE> 6-mos
<FISCAL-YEAR-END> MAR-31-2000
<PERIOD-START> APR-01-1999
<PERIOD-END> SEP-30-1999
<INVESTMENTS-AT-COST> 190587191
<INVESTMENTS-AT-VALUE> 190587191
<RECEIVABLES> 913025
<ASSETS-OTHER> 248066
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 191748282
<PAYABLE-FOR-SECURITIES> 2000000
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 279510
<TOTAL-LIABILITIES> 2279510
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 189727794
<SHARES-COMMON-STOCK> 189727794
<SHARES-COMMON-PRIOR> 205781537
<ACCUMULATED-NII-CURRENT> 404177
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (663199)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 189468772
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 4937640
<OTHER-INCOME> 0
<EXPENSES-NET> 920982
<NET-INVESTMENT-INCOME> 4016658
<REALIZED-GAINS-CURRENT> 1025
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 4017683
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 4018620
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 323483065
<NUMBER-OF-SHARES-REDEEMED> 343555669
<SHARES-REINVESTED> 4018861
<NET-CHANGE-IN-ASSETS> (16054680)
<ACCUMULATED-NII-PRIOR> 406139
<ACCUMULATED-GAINS-PRIOR> (664224)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 757166
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1007560
<AVERAGE-NET-ASSETS> 198972152
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .02
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> .02
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 1.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND> The schedule contains summary financial information
extracted from the financial statements and supporting
schedules as of the end of the most current period and is
qualified in its entirety by reference to such financial
statements.
</LEGEND>
<CIK> 0000759699
<NAME> Cortland Trust, Inc.
<SERIES>
<NUMBER> 4
<NAME> U.S. Government Fund/Live Oak Shares
<S> <C>
<PERIOD-TYPE> 6-mos
<FISCAL-YEAR-END> MAR-31-2000
<PERIOD-START> APR-01-1999
<PERIOD-END> SEP-30-1999
<INVESTMENTS-AT-COST> 190587191
<INVESTMENTS-AT-VALUE> 190587191
<RECEIVABLES> 913025
<ASSETS-OTHER> 248066
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 191748282
<PAYABLE-FOR-SECURITIES> 2000000
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 279510
<TOTAL-LIABILITIES> 2279510
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 189727794
<SHARES-COMMON-STOCK> 189727794
<SHARES-COMMON-PRIOR> 205781537
<ACCUMULATED-NII-CURRENT> 404177
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (663199)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 189468772
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 4937640
<OTHER-INCOME> 0
<EXPENSES-NET> 920982
<NET-INVESTMENT-INCOME> 4016658
<REALIZED-GAINS-CURRENT> 1025
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 4017683
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 4018620
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 323483065
<NUMBER-OF-SHARES-REDEEMED> 343555669
<SHARES-REINVESTED> 4018861
<NET-CHANGE-IN-ASSETS> (16054680)
<ACCUMULATED-NII-PRIOR> 406139
<ACCUMULATED-GAINS-PRIOR> (664224)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 757166
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1007560
<AVERAGE-NET-ASSETS> 198972152
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .02
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> .02
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.92
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND> The schedule contains summary financial information
extracted from the financial statements and supporting
schedules as of the end of the most current period and is
qualified in its entirety by reference to such financial
statements.
</LEGEND>
<CIK> 0000759699
<NAME> Cortland Trust, Inc.
<SERIES>
<NUMBER> 5
<NAME> U.S. Government Fund/Bradford Shares
<S> <C>
<PERIOD-TYPE> 6-mos
<FISCAL-YEAR-END> MAR-31-2000
<PERIOD-START> APR-01-1999
<PERIOD-END> SEP-30-1999
<INVESTMENTS-AT-COST> 190587191
<INVESTMENTS-AT-VALUE> 190587191
<RECEIVABLES> 913025
<ASSETS-OTHER> 248066
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 191748282
<PAYABLE-FOR-SECURITIES> 2000000
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 279510
<TOTAL-LIABILITIES> 2279510
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 189727794
<SHARES-COMMON-STOCK> 189727794
<SHARES-COMMON-PRIOR> 205781537
<ACCUMULATED-NII-CURRENT> 404177
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (663199)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 189468772
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 4937640
<OTHER-INCOME> 0
<EXPENSES-NET> 920982
<NET-INVESTMENT-INCOME> 4016658
<REALIZED-GAINS-CURRENT> 1025
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 4017683
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 4018620
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 323483065
<NUMBER-OF-SHARES-REDEEMED> 343555669
<SHARES-REINVESTED> 4018861
<NET-CHANGE-IN-ASSETS> (16054680)
<ACCUMULATED-NII-PRIOR> 406139
<ACCUMULATED-GAINS-PRIOR> (664224)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 757166
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1007560
<AVERAGE-NET-ASSETS> 198972152
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .02
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> .02
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.85
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND> The schedule contains summary financial information
extracted from the financial statements and supporting
schedules as of the end of the most current period and is
qualified in its entirety by reference to such financial
statements.
</LEGEND>
<CIK> 0000759699
<NAME> Cortland Trust, Inc.
<SERIES>
<NUMBER> 6
<NAME> Municipal Money Market Fund/Cortland Shares
<S> <C>
<PERIOD-TYPE> 6-mos
<FISCAL-YEAR-END> MAR-31-2000
<PERIOD-START> APR-01-1999
<PERIOD-END> SEP-30-1999
<INVESTMENTS-AT-COST> 285071049
<INVESTMENTS-AT-VALUE> 285071049
<RECEIVABLES> 1798387
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 286869436
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1900814
<TOTAL-LIABILITIES> 1900814
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 284990090
<SHARES-COMMON-STOCK> 284990090
<SHARES-COMMON-PRIOR> 302207998
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 284968622
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 5097314
<OTHER-INCOME> 0
<EXPENSES-NET> 1357370
<NET-INVESTMENT-INCOME> 3739944
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 3739944
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 3739944
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 620454128
<NUMBER-OF-SHARES-REDEEMED> 641409331
<SHARES-REINVESTED> 3737295
<NET-CHANGE-IN-ASSETS> (17217908)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (21468)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1140815
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1531615
<AVERAGE-NET-ASSETS> 299791867
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .01
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> .01
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 1.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND> The schedule contains summary financial information
extracted from the financial statements and supporting
schedules as of the end of the most current period and is
qualified in its entirety by reference to such financial
statements.
</LEGEND>
<CIK> 0000759699
<NAME> Cortland Trust, Inc.
<SERIES>
<NUMBER> 7
<NAME> Municipal Money Market Fund/Live Oak Shares
<S> <C>
<PERIOD-TYPE> 6-mos
<FISCAL-YEAR-END> MAR-31-2000
<PERIOD-START> APR-01-1999
<PERIOD-END> SEP-30-1999
<INVESTMENTS-AT-COST> 285071049
<INVESTMENTS-AT-VALUE> 285071049
<RECEIVABLES> 1798387
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 286869436
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1900814
<TOTAL-LIABILITIES> 1900814
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 284990090
<SHARES-COMMON-STOCK> 284990090
<SHARES-COMMON-PRIOR> 302207998
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 284968622
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 5097314
<OTHER-INCOME> 0
<EXPENSES-NET> 1357370
<NET-INVESTMENT-INCOME> 3739944
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 3739944
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 3739944
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 620454128
<NUMBER-OF-SHARES-REDEEMED> 641409331
<SHARES-REINVESTED> 3737295
<NET-CHANGE-IN-ASSETS> (17217908)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (21468)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1140815
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1531615
<AVERAGE-NET-ASSETS> 299791867
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .01
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> .01
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.98
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND> The schedule contains summary financial information
extracted from the financial statements and supporting
schedules as of the end of the most current period and is
qualified in its entirety by reference to such financial
statements.
</LEGEND>
<CIK> 0000759699
<NAME> Cortland Trust, Inc.
<SERIES>
<NUMBER> 8
<NAME> Municipal Money Market Fund/Bradford Shares
<S> <C>
<PERIOD-TYPE> 6-mos
<FISCAL-YEAR-END> MAR-31-2000
<PERIOD-START> APR-01-1999
<PERIOD-END> SEP-30-1999
<INVESTMENTS-AT-COST> 285071049
<INVESTMENTS-AT-VALUE> 285071049
<RECEIVABLES> 1798387
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 286869436
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1900814
<TOTAL-LIABILITIES> 1900814
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 284990090
<SHARES-COMMON-STOCK> 284990090
<SHARES-COMMON-PRIOR> 302207998
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 284968622
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 5097314
<OTHER-INCOME> 0
<EXPENSES-NET> 1357370
<NET-INVESTMENT-INCOME> 3739944
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 3739944
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 3739944
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 620454128
<NUMBER-OF-SHARES-REDEEMED> 641409331
<SHARES-REINVESTED> 3737295
<NET-CHANGE-IN-ASSETS> (17217908)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (21468)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1140815
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1531615
<AVERAGE-NET-ASSETS> 299791867
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .01
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> .01
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.85
</TABLE>
