<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
NEW YORK TAX-FREE TRUST JUNE 30, 2000 SEMI-ANNUAL REPORT AND IS QUALIFIED IN IT
S ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 011
<NAME> FRANKLIN NEW YORK TAX-EXEMPT MONEY FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 65,576,306
<INVESTMENTS-AT-VALUE> 65,576,306
<RECEIVABLES> 1,176,809
<ASSETS-OTHER> 74,620
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 66,827,735
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 667,439
<TOTAL-LIABILITIES> 667,439
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 66,160,296
<SHARES-COMMON-STOCK> 66,160,296
<SHARES-COMMON-PRIOR> 69,164,377
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 66,160,296
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1,275,840
<OTHER-INCOME> 0
<EXPENSES-NET> (203,928)
<NET-INVESTMENT-INCOME> 1,071,912
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 1,071,912
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,071,912)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 21,966,592
<NUMBER-OF-SHARES-REDEEMED> (26,039,128)
<SHARES-REINVESTED> 1,068,455
<NET-CHANGE-IN-ASSETS> (3,004,081)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (212,438)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (281,426)
<AVERAGE-NET-ASSETS> 68,121,752
<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> .020
<PER-SHARE-GAIN-APPREC> .000
<PER-SHARE-DIVIDEND> (.020)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 1.000
<EXPENSE-RATIO> .600<F1><F2>
<FN>
<F1>ANNUALIZED
<F2>EXPENSE RATIO EXCLUDING WAIVER .82%
</FN>
</TABLE>
