<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> 023
<NAME> FRANKLIN NEW YORK INSURED TAX-FREE INCOME FUND - CLASS C
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 234,586,480
<INVESTMENTS-AT-VALUE> 239,153,136
<RECEIVABLES> 5,677,861
<ASSETS-OTHER> 62,539
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 244,893,536
<PAYABLE-FOR-SECURITIES> 4,992,222
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 987,363
<TOTAL-LIABILITIES> 5,979,585
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 238,134,425
<SHARES-COMMON-STOCK> 992,247
<SHARES-COMMON-PRIOR> 1,130,992
<ACCUMULATED-NII-CURRENT> 11,737
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (3,798,868)
<ACCUM-APPREC-OR-DEPREC> 4,566,656
<NET-ASSETS> 238,913,951
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 7,224,789
<OTHER-INCOME> 0
<EXPENSES-NET> (917,429)
<NET-INVESTMENT-INCOME> 6,307,360
<REALIZED-GAINS-CURRENT> (2,131,270)
<APPREC-INCREASE-CURRENT> 5,582,001
<NET-CHANGE-FROM-OPS> 9,758,091
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (259,910)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 69,016
<NUMBER-OF-SHARES-REDEEMED> (223,589)
<SHARES-REINVESTED> 15,828
<NET-CHANGE-IN-ASSETS> (15,462,421)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> (61,823)
<OVERDIST-NET-GAINS-PRIOR> (1,667,598)
<GROSS-ADVISORY-FEES> (663,942)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (917,429)
<AVERAGE-NET-ASSETS> 241,406,370
<PER-SHARE-NAV-BEGIN> 10.880
<PER-SHARE-NII> .260<F1>
<PER-SHARE-GAIN-APPREC> .160
<PER-SHARE-DIVIDEND> (.250)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 11.050
<EXPENSE-RATIO> 1.280<F2>
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING, EFFECTIVE YEAR ENDED DECEMBER 31, 1999
AND FOR THE YEAR ENDED DECEMBER 31, 1996.
<F2>ANNUALIZED
</FN>
</TABLE>
