<PAGE> PAGE 1
000 B000000 10/31/96
000 C000000 0000819467
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001 B000000 811-5256
001 C000000 3139616666
002 A000000 751 GRISWOLD
002 B000000 DETROIT
002 C000000 MI
002 D010000 48226
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 3
007 C010100 1
007 C010200 2
007 C010300 3
007 C020300 OLDE MONEY MARKET SERIES
007 C030300 N
007 C010400 4
007 C020400 OLDE PREMIUM MONEY MARKET SERIES
007 C030400 N
007 C010500 5
007 C020500 OLDE PREMIUM PLUS MONEY MARKET SERIES
007 C030500 N
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
007 C011100 11
007 C011200 12
007 C011300 13
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<PAGE> PAGE 2
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007 C013700 37
007 C013800 38
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007 C014000 40
008 A00AA01 OLDE ASSET MANAGEMENT, INC.
008 B00AA01 A
008 C00AA01 801-28433
008 D01AA01 DETROIT
008 D02AA01 MI
008 D03AA01 48226
011 A00AA01 OLDE DISCOUNT CORPORATION
011 B00AA01 8-16752
011 C01AA01 DETROIT
011 C02AA01 MI
011 C03AA01 48226
012 A00AA01 OLDE DISCOUNT CORPORATION
012 B00AA01 84-1968
012 C01AA01 DETROIT
012 C02AA01 MI
012 C03AA01 48226
013 A00AA01 ERNST & YOUNG
013 B01AA01 DETROIT
013 B02AA01 MI
013 B03AA01 48226
014 A00AA01 OLDE DISCOUNT CORPORATION
014 B00AA01 8-16752
015 A00AA01 THE BANK OF NEW YORK
015 B00AA01 C
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018 00AA00 Y
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<PAGE> PAGE 3
020 C000003 0
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<PAGE> PAGE 4
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<PAGE> PAGE 5
070 G01AA00 N
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070 H01AA00 N
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<PAGE> PAGE 6
083 B00AA00 0
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<PAGE> PAGE 7
028 B020200 0
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<PAGE> PAGE 8
028 G040300 710921
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048 I020300 0.000
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050 000300 N
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052 000300 N
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<PAGE> PAGE 9
054 D000300 N
054 E000300 N
054 F000300 N
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054 I000300 N
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<PAGE> PAGE 10
072 I000300 1225
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<PAGE> PAGE 11
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<PAGE> PAGE 12
042 G000400 0
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054 F000400 N
054 G000400 N
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<PAGE> PAGE 13
059 000400 Y
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<PAGE> PAGE 14
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<PAGE> PAGE 15
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<PAGE> PAGE 16
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<PAGE> PAGE 17
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<PAGE> PAGE 18
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<PAGE> PAGE 19
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SIGNATURE LISA S FILDES
TITLE PRESIDENT
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 003
<NAME> OLDE MONEY MARKET SERIES
<MULTIPLIER> 1000
<CURRENCY> U.S. DOLLARS
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<PERIOD-END> OCT-31-1996
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<TOTAL-LIABILITIES> 578
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<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
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<ACCUMULATED-NII-CURRENT> 0
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<ACCUMULATED-NET-GAINS> 0
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<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 373147
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<NET-CHANGE-FROM-OPS> 15487
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 15487
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1465488
<NUMBER-OF-SHARES-REDEEMED> 1420133
<SHARES-REINVESTED> 14560
<NET-CHANGE-IN-ASSETS> 59915
<ACCUMULATED-NII-PRIOR> 208
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
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