<PAGE> PAGE 1
000 B000000 07/31/95
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001 A000000 THE AMERICAN FUNDS TAX-EXEMPT SERIES I
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008 C00AA01 801-8055
008 D01AA01 LOS ANGELES
008 D02AA01 CA
008 D03AA01 90071
008 D04AA01 1406
010 A00AA01 WASHINGTON MANAGEMENT CORPORATION
010 C01AA01 WASHINGTON
010 C02AA01 DC
010 C03AA01 20005
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011 A00AA01 AMERICAN FUNDS DISTRIBUTORS, INC.
011 B00AA01 8-17168
<PAGE> PAGE 2
011 C01AA01 LOS ANGELES
011 C02AA01 CA
011 C03AA01 90071
011 C04AA01 1406
012 A00AA01 AMERICAN FUNDS SERVICE COMPANY
012 B00AA01 84-00316
012 C01AA01 BREA
012 C02AA01 CA
012 C03AA01 92622
012 C04AA01 2205
013 A00AA01 PRICE WATERHOUSE
013 B01AA01 LOS ANGELES
013 B02AA01 CA
013 B03AA01 90071
013 B04AA01 2889
015 A00AA01 THE CHASE MANHATTAN BANK, N.A.
015 B00AA01 C
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022 C000001 14500
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022 A000002 GOLDMAN, SACHS & CO.
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022 C000002 13990
022 D000002 12238
022 A000003 BROWN (ALEX) & SONS INC.
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 10
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<PAGE> PAGE 11
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SIGNATURE HOWARD L. KITZMILLER
TITLE VICE PRESIDENT
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 1
<NAME> THE TAX-EXEMPT FUND OF MARYLAND
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JUL-31-1995
<PERIOD-END> JUL-31-1995
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<INVESTMENTS-AT-VALUE> 74727
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<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 75705
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<OVERDISTRIBUTION-GAINS> 0
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<PER-SHARE-NAV-BEGIN> 15.00
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<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
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<NUMBER> 2
<NAME> THE TAX-EXEMPT FUND OF VIRGINIA
<MULTIPLIER> 1000
<S> <C>
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<PERIOD-END> JUL-31-1995
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</TABLE>
August 31, 1995
To the Board of Trustees of
The American Funds Tax-Exempt Series I
In planning and performing our audit of the financial statements of
each of the portfolios of The American Funds Tax-Exempt Series I,
consisting of the Tax-Exempt Fund of Maryland and the Tax-Exempt Fund
of Virginia (collectively, the "Trust") for the year ended July 31,
1995, we considered its internal control structure, including
procedures for safeguarding securities, in order to determine our
auditing procedures for the purposes of expressing our opinion on the
financial statements and to comply with the requirements of Form N-
SAR, and not to provide assurance on the internal control structure.
The management of the Trust is responsible for establishing and
maintaining an internal control structure. In fulfilling this
responsibility, estimates and judgments by management are required to
assess the expected benefits and related costs of internal control
structure policies and procedures. Two of the objectives of an
internal control structure are to provide management with reasonable,
but not absolute, assurance that assets are appropriately safeguarded
against loss from unauthorized use or disposition and that
transactions are executed in accordance with management's
authorization and recorded properly to permit preparation of
financial statements in conformity with generally accepted accounting
principles.
Because of inherent limitations in any internal control structure,
errors or irregularities may occur and may not be detected. Also,
projection of any evaluation of the structure to future periods is
subject to the risk that it may become inadequate because of changes
in conditions or that the effectiveness of the design and operation
may deteriorate.
Our consideration of the internal control structure would not
necessarily disclose all matters in the internal control structure
that might be material weaknesses under standards established by the
American Institute of Certified Public Accountants. A material
weakness is a condition in which the design or operation of the
specific internal control structure elements does not reduce to a
relatively low level the risk that errors or irregularities in
amounts that would be material in relation to the financial
statements being audited may occur and not be detected within a
timely period by employees in the normal course of performing their
assigned functions. However, we noted no matters involving the
internal control structure, including procedures for safeguarding
securities, that we consider to be material weaknesses as defined
above as of July 31, 1995.
This report is intended solely for the information and use of
management and the Securities and Exchange Commission.
Price Waterhouse LLP
