000 A000000 03/31/96
000 C000000 0000798290
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 U
001 A000000 REPUBLIC FUNDS
001 B000000 811-4782
001 C000000 6174230800
002 A000000 6 ST. JAMES AVE 9TH FLR
002 B000000 BOSTON
002 C000000 MA
002 D010000 02116
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 1
007 C010100 1
007 C020100 REPUBLIC U.S. GOVERNMENT MONEY MARKET FUND
007 C030100 N
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A00AA01 REPUBLIC ASSET MANAGEMENT CORPORATION
008 B00AA01 A
008 C00AA01 801-37980
008 D01AA01 NEW YORK
008 D02AA01 NY
008 D03AA01 10036
010 A00AA01 SIGNATURE BROKER-DEALER SERVICES, INC.
010 B00AA01 8-41134
010 C01AA01 BOSTON
010 C02AA01 MA
010 C03AA01 02116
011 A00AA01 SIGNATURE BROKER-DEALER SERVICES, INC.
011 B00AA01 8-8-41134
011 C01AA01 BOSTON
011 C02AA01 MA
011 C03AA01 02116
012 A00AA01 INVESTORS BANK & TRUST COMPANY
012 B00AA01 85-720
012 C01AA01 BOSTON
012 C02AA01 MA
012 C03AA01 02116
013 A00AA01 KPMG PEAT MARWICK
013 B01AA01 BOSTON
013 B02AA01 MA
013 B03AA01 02116
014 A00AA01 SIGNATURE BROKER-DEALER SERVICES, INC.
014 B00AA01 8-8-41134
015 A00AA01 INVESTORS BANK & TRUST COMPANY
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02116
015 E01AA01 X
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 7
019 C00AA00 REPUBLICFU
021 000000 0
022 A000001 YAMAICHI INT'L SECURITIES
022 B000001 13-5659656
022 C000001 3707911
022 D000001 0
022 A000002 OPPENHEIMER & CO. INC
022 B000002 13-2798343
022 C000002 2158615
022 D000002 0
022 A000003 CITIBANK, NEW YORK
022 B000003 13-3039426
022 C000003 1447993
022 D000003 0
022 A000004 EASTBRIDGE CAPITAL
022 B000004 13-3501117
022 C000004 316479
022 D000004 0
022 A000005 CANTOR FITZGERALD & CO INC
022 B000005 13-3680184
022 C000005 75000
022 D000005 0
022 A000006 SALOMON BROTHERS
022 B000006 13-3082694
022 C000006 49359
022 D000006 0
022 A000007 FIRST BOSTON
022 B000007 13-5659485
022 C000007 34795
022 D000007 9879
022 A000008 MORGAN STANLEY & CO INC
022 B000008 13-2655998
022 C000008 39661
022 D000008 0
022 A000009 TUCKER ANTHONY & R.L. DAY
022 B000009 04-2566229
022 C000009 29941
022 D000009 4936
022 A000010 GX CLARKE & CO
022 B000010 94-3029665
022 C000010 17888
022 D000010 14598
023 C000000 7912588
023 D000000 53940
024 00AA00 N
026 A000000 N
026 B000000 N
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 Y
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
029 00AA00 N
030 A00AA00 0
030 B00AA00 0.00
030 C00AA00 0.00
031 A00AA00 0
031 B00AA00 0
032 00AA00 0
033 00AA00 0
034 00AA00 N
035 00AA00 0
036 B00AA00 0
037 00AA00 N
038 00AA00 0
039 00AA00 N
040 00AA00 Y
041 00AA00 Y
042 A00AA00 0
042 B00AA00 2
042 C00AA00 0
042 D00AA00 98
042 E00AA00 0
042 F00AA00 0
042 G00AA00 0
042 H00AA00 0
043 00AA00 0
044 00AA00 0
045 00AA00 Y
046 00AA00 N
047 00AA00 Y
048 00AA00 0.200
048 A01AA00 0
048 A02AA00 0.000
048 B01AA00 0
048 B02AA00 0.000
048 C01AA00 0
048 C02AA00 0.000
048 D01AA00 0
048 D02AA00 0.000
048 E01AA00 0
048 E02AA00 0.000
048 F01AA00 0
048 F02AA00 0.000
048 G01AA00 0
048 G02AA00 0.000
048 H01AA00 0
048 H02AA00 0.000
048 I01AA00 0
048 I02AA00 0.000
048 J01AA00 0
048 J02AA00 0.000
048 K01AA00 0
048 K02AA00 0.000
049 00AA00 N
050 00AA00 N
051 00AA00 N
052 00AA00 N
053 A00AA00 Y
053 B00AA00 Y
053 C00AA00 N
054 A00AA00 Y
054 B00AA00 N
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 N
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 N
070 A01AA00 Y
070 A02AA00 Y
070 B01AA00 N
070 B02AA00 N
070 C01AA00 N
070 C02AA00 N
070 D01AA00 N
070 D02AA00 N
070 E01AA00 N
070 E02AA00 N
070 F01AA00 N
070 F02AA00 N
070 G01AA00 N
070 G02AA00 N
070 H01AA00 N
070 H02AA00 N
070 I01AA00 N
070 I02AA00 N
070 J01AA00 Y
070 J02AA00 N
070 K01AA00 Y
070 K02AA00 N
070 L01AA00 N
070 L02AA00 N
070 M01AA00 N
070 M02AA00 N
070 N01AA00 N
070 N02AA00 N
070 O01AA00 Y
070 O02AA00 N
070 P01AA00 N
070 P02AA00 N
070 Q01AA00 N
070 Q02AA00 N
070 R01AA00 N
070 R02AA00 N
077 A000000 N
078 000000 N
080 C00AA00 0
081 B00AA00 0
082 B00AA00 0
028 A010100 28806
028 A020100 395
028 A030100 0
028 A040100 19721
028 B010100 21675
028 B020100 470
028 B030100 0
028 B040100 20445
028 C010100 63583
028 C020100 521
028 C030100 0
028 C040100 24870
028 D010100 106037
028 D020100 558
028 D030100 0
028 D040100 55856
028 E010100 80049
028 E020100 718
028 E030100 0
028 E040100 103283
028 F010100 86979
028 F020100 634
028 F030100 0
028 F040100 73358
028 G010100 387129
028 G020100 3296
028 G030100 0
028 G040100 297533
028 H000100 0
055 A000100 N
055 B000100 N
056 000100 Y
057 000100 N
058 A000100 N
059 000100 Y
060 A000100 Y
060 B000100 Y
061 000100 1000
062 A000100 Y
062 B000100 61.5
062 C000100 24.2
062 D000100 13.8
062 E000100 0.0
062 F000100 0.0
062 G000100 0.0
062 H000100 0.0
062 I000100 0.0
062 J000100 0.0
062 K000100 0.0
062 L000100 0.0
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 36
063 B000100 0.0
064 A000100 Y
064 B000100 N
066 A000100 N
067 000100 N
068 A000100 N
068 B000100 N
069 000100 N
071 A000100 0
071 B000100 0
071 C000100 0
071 D000100 0
072 A000100 6
072 B000100 4365
072 C000100 0
072 D000100 0
072 E000100 0
072 F000100 160
072 G000100 160
072 H000100 0
072 I000100 147
072 J000100 37
072 K000100 0
072 L000100 11
072 M000100 4
072 N000100 11
072 O000100 0
072 P000100 0
072 Q000100 23
072 R000100 8
072 S000100 3
072 T000100 13
072 U000100 0
072 V000100 0
072 W000100 4
072 X000100 581
072 Y000100 144
072 Z000100 3928
072AA000100 0
072BB000100 0
072CC010100 0
072CC020100 0
072DD010100 3928
072DD020100 0
072EE000100 0
073 A010100 0.0252
073 A020100 0.0000
073 B000100 0.0000
073 C000100 0.0000
074 A000100 0
074 B000100 28409
074 C000100 176707
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 1799
074 M000100 0
074 N000100 206915
074 O000100 0
074 P000100 49
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 756
074 S000100 0
074 T000100 206110
074 U010100 206110
074 U020100 0
074 V010100 1.00
074 V020100 0.00
074 W000100 0.9977
074 X000100 3500
074 Y000100 0
075 A000100 160436
075 B000100 0
076 000100 0.00
SIGNATURE DANIEL E. SHEA
TITLE ASST. TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL DATA EXTRACTED FROM THE SEMI ANNUAL
REPORT DATED MARCH 31, 1996 FOR THE REPUBLIC U.S. GOVERNMENT MONEY MARKET FUND
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH SEMI ANNUAL REPORT.
</LEGEND>
<CIK> 0000798290
<NAME> REPUBLIC U.S. GOV'T MONEY MKT. FUND
<SERIES>
<NUMBER> 1
<NAME> REPUBLIC U.S. GOV'T MONEY MKT. FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> SEP-30-1996
<PERIOD-START> OCT-01-1995
<PERIOD-END> MAR-31-1996
<INVESTMENTS-AT-COST> 205,115,719
<INVESTMENTS-AT-VALUE> 205,115,719
<RECEIVABLES> 1,799,494
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 206,915,213
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 804,736
<TOTAL-LIABILITIES> 804,736
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 206,089,334
<SHARES-COMMON-STOCK> 206,110,477
<SHARES-COMMON-PRIOR> 113,218,042
<ACCUMULATED-NII-CURRENT> 21,143
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 206,110,477
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 4,364,619
<OTHER-INCOME> 0
<EXPENSES-NET> 436,791
<NET-INVESTMENT-INCOME> 3,927,828
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 3,927,828
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 3,927,828
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 387,129,359
<NUMBER-OF-SHARES-REDEEMED> 297,533,330
<SHARES-REINVESTED> 3,296,406
<NET-CHANGE-IN-ASSETS> 92,892,435
<ACCUMULATED-NII-PRIOR> 21,143
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 160,436
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 581,184
<AVERAGE-NET-ASSETS> 160,435,741
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.025
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0.025
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.54
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
