<PAGE> PAGE 1
000 B000000 10/31/99
000 C000000 822922
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 TREASURERS FUND INC. MD
001 B000000 811-05347
001 C000000 9149215100
002 A000000 ONE CORPORATE CENTER
002 B000000 RYE
002 C000000 NY
002 D010000 10580
002 D020000 1434
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 3
007 C010100 1
007 C020100 DOMESTIC PRIME MONEY MARKET PORTFOLIO
007 C030100 N
007 C010200 2
007 C020200 TAX EXEMPT MONEY MARKET PORTFOLIO
007 C030200 N
007 C010300 3
007 C020300 U.S. TREASURY MONEY MARKET PORTFOLIO
007 C030300 N
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A00AA01 GABELLI FIXED INCOME LLC
008 B00AA01 A
008 C00AA01 801-54418
008 D01AA01 RYE
008 D02AA01 NY
008 D03AA01 10580
008 D04AA01 1434
010 A00AA01 GABELLI FUNDS INC.
010 B00AA01 801-37706
010 C01AA01 RYE
010 C02AA01 NY
010 C03AA01 10580
<PAGE> PAGE 2
010 C04AA01 1434
010 A00AA02 PFPC INC.
010 B00AA02 8-32480
010 C01AA02 PHILA
010 C02AA02 PA
010 C03AA02 19406
011 A00AA01 GABELLI FIXED INCOME DISTRIBUTORS, INC.
011 B00AA01 8-038568
011 C01AA01 RYE
011 C02AA01 NY
011 C03AA01 10580
011 C04AA01 1434
012 A00AA01 BOSTON FINANCIAL DATA SERVICES, INC.
012 B00AA01 85-05003
012 C01AA01 NORTH QUINCY
012 C02AA01 MA
012 C03AA01 02171
013 A00AA01 ERNST & YOUNG LLP
013 B01AA01 NEW YORK
013 B02AA01 NY
013 B03AA01 10019
014 A00AA01 GABELLI & COMPANY, INC.
014 B00AA01 8-21373
014 A00AA02 IFG NETWORK SECURITIES
014 B00AA02 8-37937
014 A00AA03 GABELLI FIXED INCOME DISTRIBUTORS, INC.
014 B00AA03 8-038568
015 A00AA01 CUSTODIAL TRUST COMPANY
015 B00AA01 C
015 C01AA01 PRINCETON
015 C02AA01 NJ
015 C03AA01 08540
015 E01AA01 X
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 3
019 C00AA00 TREASURERS
020 C000001 0
020 C000002 0
020 C000003 0
020 C000004 0
020 C000005 0
020 C000006 0
020 C000007 0
020 C000008 0
020 C000009 0
020 C000010 0
021 000000 0
022 A000001 ABN-AMRO SECURITIES INC.
022 B000001 13-3227945
022 C000001 24626787
<PAGE> PAGE 3
022 D000001 0
022 A000002 STATE STREET BANK AND TRUST CO.
022 B000002 04-1867445
022 C000002 11555500
022 D000002 0
022 A000003 BARCLAY DE ZOETTE SECURITIES
022 B000003 15--355137
022 C000003 7148729
022 D000003 0
022 A000004 BEAR STEARNS
022 B000004 13-3299429
022 C000004 4117302
022 D000004 0
022 A000005 CITIBANK
022 B000005 13-3502968
022 C000005 910900
022 D000005 0
022 A000006 G.X. CLARK
022 B000006 13-2699143
022 C000006 526432
022 D000006 342153
022 A000007 SMITH BARNEY ,INC
022 B000007 13-1912900
022 C000007 248395
022 D000007 117555
022 A000008 MERRILL LYNCH INTERNATIONAL
022 B000008 13-5674085
022 C000008 142695
022 D000008 165095
022 A000009 CHASE MANHATTAN
022 B000009 13-3112953
022 C000009 230485
022 D000009 0
022 A000010 FIRST CHICAGO
022 B000010 36-3595942
022 C000010 225212
022 D000010 0
023 C000000 49732437
023 D000000 2100043
026 A000000 N
026 B000000 N
026 C000000 N
026 D000000 N
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
077 A000000 Y
077 B000000 Y
<PAGE> PAGE 4
080 C00AA00 0
081 B00AA00 0
082 B00AA00 0
083 B00AA00 0
084 B00AA00 0
024 000100 N
025 D000101 0
025 D000102 0
025 D000103 0
025 D000104 0
025 D000105 0
025 D000106 0
025 D000107 0
025 D000108 0
028 A010100 384184
028 A020100 1313
028 A030100 0
028 A040100 366503
028 B010100 268842
028 B020100 1484
028 B030100 0
028 B040100 336395
028 C010100 246784
028 C020100 1315
028 C030100 0
028 C040100 199490
028 D010100 277708
028 D020100 1673
028 D030100 0
028 D040100 253091
028 E010100 296177
028 E020100 1483
028 E030100 0
028 E040100 355343
028 F010100 175749
028 F020100 1495
028 F030100 0
028 F040100 135880
028 G010100 1649444
028 G020100 8763
028 G030100 0
028 G040100 1646703
028 H000100 0
029 000100 N
030 A000100 0
030 B000100 0.00
030 C000100 0.00
031 A000100 0
031 B000100 0
032 000100 0
033 000100 0
<PAGE> PAGE 5
034 000100 N
035 000100 0
036 B000100 0
037 000100 N
038 000100 0
039 000100 N
040 000100 Y
041 000100 N
042 A000100 0
042 B000100 0
042 C000100 0
042 D000100 0
042 E000100 0
042 F000100 0
042 G000100 0
042 H000100 0
043 000100 0
044 000100 0
045 000100 Y
046 000100 N
047 000100 Y
048 000100 0.300
048 A010100 0
048 A020100 0.000
048 B010100 0
048 B020100 0.000
048 C010100 0
048 C020100 0.000
048 D010100 0
048 D020100 0.000
048 E010100 0
048 E020100 0.000
048 F010100 0
048 F020100 0.000
048 G010100 0
048 G020100 0.000
048 H010100 0
048 H020100 0.000
048 I010100 0
048 I020100 0.000
048 J010100 0
048 J020100 0.000
048 K010100 0
048 K020100 0.000
049 000100 N
050 000100 N
051 000100 N
052 000100 N
053 A000100 N
054 A000100 Y
054 B000100 N
<PAGE> PAGE 6
054 C000100 N
054 D000100 N
054 E000100 N
054 F000100 N
054 G000100 N
054 H000100 N
054 I000100 N
054 J000100 Y
054 K000100 N
054 L000100 N
054 M000100 Y
054 N000100 N
054 O000100 N
055 A000100 N
055 B000100 N
056 000100 N
057 000100 N
058 A000100 N
059 000100 Y
060 A000100 Y
060 B000100 Y
061 000100 100000
062 A000100 Y
062 B000100 0.0
062 C000100 23.8
062 D000100 53.7
062 E000100 5.8
062 F000100 0.0
062 G000100 0.0
062 H000100 0.0
062 I000100 16.6
062 J000100 0.0
062 K000100 0.0
062 L000100 6.1
062 M000100 0.0
062 N000100 0.0
062 O000100 0.0
062 P000100 0.0
062 Q000100 3.1
062 R000100 0.0
063 A000100 53
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
070 A010100 Y
070 A020100 Y
<PAGE> PAGE 7
070 B010100 N
070 B020100 N
070 C010100 N
070 C020100 N
070 D010100 N
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 N
070 F020100 N
070 G010100 N
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 N
070 K010100 N
070 K020100 N
070 L010100 N
070 L020100 N
070 M010100 N
070 M020100 N
070 N010100 Y
070 N020100 N
070 O010100 N
070 O020100 N
070 P010100 N
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100 0
071 B000100 0
071 C000100 0
071 D000100 0
072 A000100 12
072 B000100 19908
072 C000100 0
072 D000100 0
072 E000100 0
072 F000100 1170
072 G000100 344
072 H000100 0
072 I000100 159
072 J000100 82
072 K000100 0
072 L000100 54
072 M000100 31
<PAGE> PAGE 8
072 N000100 48
072 O000100 0
072 P000100 0
072 Q000100 0
072 R000100 46
072 S000100 26
072 T000100 0
072 U000100 0
072 V000100 0
072 W000100 27
072 X000100 1987
072 Y000100 0
072 Z000100 17921
072AA000100 3
072BB000100 0
072CC010100 0
072CC020100 0
072DD010100 12461
072DD020100 0
072EE000100 0
073 A010100 0.0500
073 A020100 0.0000
073 B000100 0.0000
073 C000100 0.0000
074 A000100 0
074 B000100 223420
074 C000100 193336
074 D000100 12900
074 E000100 0
074 F000100 0
074 G000100 0
074 H000100 0
074 I000100 0
074 J000100 0
074 K000100 0
074 L000100 2045
074 M000100 0
074 N000100 431701
074 O000100 14955
074 P000100 0
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 805
074 S000100 0
074 T000100 415941
074 U010100 416028
074 U020100 0
074 V010100 1.00
074 V020100 0.00
<PAGE> PAGE 9
074 W000100 0.9998
074 X000100 11992
074 Y000100 0
075 A000100 242435
075 B000100 0
076 000100 0.00
024 000200 N
025 D000201 0
025 D000202 0
025 D000203 0
025 D000204 0
025 D000205 0
025 D000206 0
025 D000207 0
025 D000208 0
028 A010200 32739
028 A020200 373
028 A030200 0
028 A040200 31228
028 B010200 38277
028 B020200 375
028 B030200 0
028 B040200 41050
028 C010200 119729
028 C020200 365
028 C030200 0
028 C040200 59781
028 D010200 53138
028 D020200 521
028 D030200 0
028 D040200 44468
028 E010200 36109
028 E020200 499
028 E030200 0
028 E040200 56002
028 F010200 37070
028 F020200 504
028 F030200 0
028 F040200 52329
028 G010200 317062
028 G020200 2637
028 G030200 0
028 G040200 284858
028 H000200 0
029 000200 N
030 A000200 0
030 B000200 0.00
030 C000200 0.00
031 A000200 0
031 B000200 0
032 000200 0
<PAGE> PAGE 10
033 000200 0
034 000200 N
035 000200 0
036 B000200 0
037 000200 N
038 000200 0
039 000200 N
040 000200 Y
041 000200 N
042 A000200 0
042 B000200 0
042 C000200 0
042 D000200 0
042 E000200 0
042 F000200 0
042 G000200 0
042 H000200 0
043 000200 0
044 000200 0
045 000200 Y
046 000200 N
047 000200 Y
048 000200 0.300
048 A010200 0
048 A020200 0.000
048 B010200 0
048 B020200 0.000
048 C010200 0
048 C020200 0.000
048 D010200 0
048 D020200 0.000
048 E010200 0
048 E020200 0.000
048 F010200 0
048 F020200 0.000
048 G010200 0
048 G020200 0.000
048 H010200 0
048 H020200 0.000
048 I010200 0
048 I020200 0.000
048 J010200 0
048 J020200 0.000
048 K010200 0
048 K020200 0.000
049 000200 N
050 000200 N
051 000200 N
052 000200 N
053 A000200 N
054 A000200 Y
<PAGE> PAGE 11
054 B000200 N
054 C000200 N
054 D000200 N
054 E000200 N
054 F000200 N
054 G000200 N
054 H000200 N
054 I000200 Y
054 J000200 N
054 K000200 N
054 L000200 N
054 M000200 Y
054 N000200 N
054 O000200 N
055 A000200 Y
055 B000200 N
056 000200 N
057 000200 N
058 A000200 N
059 000200 Y
060 A000200 Y
060 B000200 Y
061 000200 100000
062 A000200 Y
062 B000200 0.0
062 C000200 0.0
062 D000200 0.0
062 E000200 99.4
062 F000200 0.0
062 G000200 0.0
062 H000200 0.0
062 I000200 0.0
062 J000200 0.0
062 K000200 0.0
062 L000200 0.0
062 M000200 0.0
062 N000200 0.0
062 O000200 0.0
062 P000200 0.0
062 Q000200 0.0
062 R000200 0.0
063 A000200 40
063 B000200 0.0
064 A000200 Y
064 B000200 N
066 A000200 N
067 000200 N
068 A000200 N
068 B000200 N
069 000200 N
070 A010200 Y
<PAGE> PAGE 12
070 A020200 N
070 B010200 N
070 B020200 N
070 C010200 N
070 C020200 N
070 D010200 N
070 D020200 N
070 E010200 N
070 E020200 N
070 F010200 N
070 F020200 N
070 G010200 N
070 G020200 N
070 H010200 N
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 N
070 K010200 N
070 K020200 N
070 L010200 N
070 L020200 N
070 M010200 N
070 M020200 N
070 N010200 Y
070 N020200 N
070 O010200 N
070 O020200 N
070 P010200 N
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200 0
071 B000200 0
071 C000200 0
071 D000200 0
072 A000200 12
072 B000200 5974
072 C000200 0
072 D000200 0
072 E000200 0
072 F000200 568
072 G000200 193
072 H000200 0
072 I000200 41
072 J000200 37
072 K000200 0
072 L000200 0
<PAGE> PAGE 13
072 M000200 17
072 N000200 9
072 O000200 0
072 P000200 0
072 Q000200 0
072 R000200 19
072 S000200 12
072 T000200 0
072 U000200 0
072 V000200 0
072 W000200 43
072 X000200 939
072 Y000200 24
072 Z000200 5059
072AA000200 0
072BB000200 3
072CC010200 0
072CC020200 0
072DD010200 5059
072DD020200 0
072EE000200 0
073 A010200 0.0300
073 A020200 0.0000
073 B000200 0.0000
073 C000200 0.0000
074 A000200 1
074 B000200 0
074 C000200 194455
074 D000200 0
074 E000200 0
074 F000200 0
074 G000200 0
074 H000200 0
074 I000200 0
074 J000200 180
074 K000200 0
074 L000200 1276
074 M000200 0
074 N000200 195912
074 O000200 0
074 P000200 53
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 279
074 S000200 0
074 T000200 195580
074 U010200 195623
074 U020200 0
074 V010200 1.00
<PAGE> PAGE 14
074 V020200 0.00
074 W000200 0.9995
074 X000200 2434
074 Y000200 0
075 A000200 189465
075 B000200 0
076 000200 0.00
024 000300 N
025 D000301 0
025 D000302 0
025 D000303 0
025 D000304 0
025 D000305 0
025 D000306 0
025 D000307 0
025 D000308 0
028 A010300 147768
028 A020300 164469
028 A030300 0
028 A040300 333
028 B010300 96504
028 B020300 116480
028 B030300 0
028 B040300 368
028 C010300 153129
028 C020300 119339
028 C030300 0
028 C040300 319
028 D010300 102724
028 D020300 95309
028 D030300 0
028 D040300 362
028 E010300 70457
028 E020300 106510
028 E030300 0
028 E040300 358
028 F010300 55496
028 F020300 47606
028 F030300 0
028 F040300 360
028 G010300 626077
028 G020300 649713
028 G030300 0
028 G040300 2100
028 H000300 0
029 000300 N
030 A000300 0
030 B000300 0.00
030 C000300 0.00
031 A000300 0
031 B000300 0
<PAGE> PAGE 15
032 000300 0
033 000300 0
034 000300 N
035 000300 0
036 B000300 0
037 000300 N
038 000300 0
039 000300 N
040 000300 Y
041 000300 N
042 A000300 0
042 B000300 0
042 C000300 0
042 D000300 0
042 E000300 0
042 F000300 0
042 G000300 0
042 H000300 0
043 000300 0
044 000300 0
045 000300 Y
046 000300 N
047 000300 Y
048 000300 0.300
048 A010300 0
048 A020300 0.000
048 B010300 0
048 B020300 0.000
048 C010300 0
048 C020300 0.000
048 D010300 0
048 D020300 0.000
048 E010300 0
048 E020300 0.000
048 F010300 0
048 F020300 0.000
048 G010300 0
048 G020300 0.000
048 H010300 0
048 H020300 0.000
048 I010300 0
048 I020300 0.000
048 J010300 0
048 J020300 0.000
048 K010300 0
048 K020300 0.000
049 000300 N
050 000300 N
051 000300 N
052 000300 N
053 A000300 N
<PAGE> PAGE 16
054 A000300 Y
054 B000300 N
054 C000300 N
054 D000300 N
054 E000300 N
054 F000300 N
054 G000300 N
054 H000300 N
054 I000300 Y
054 J000300 N
054 K000300 N
054 L000300 N
054 M000300 Y
054 N000300 N
054 O000300 N
055 A000300 Y
055 B000300 N
056 000300 N
057 000300 N
058 A000300 N
059 000300 Y
060 A000300 Y
060 B000300 Y
061 000300 100000
062 A000300 Y
062 B000300 54.1
062 C000300 0.0
062 D000300 45.9
062 E000300 0.0
062 F000300 0.0
062 G000300 0.0
062 H000300 0.0
062 I000300 0.0
062 J000300 0.0
062 K000300 0.0
062 L000300 0.0
062 M000300 0.0
062 N000300 0.0
062 O000300 0.0
062 P000300 0.0
062 Q000300 0.0
062 R000300 0.0
063 A000300 50
063 B000300 0.0
064 A000300 N
064 B000300 N
066 A000300 N
067 000300 N
068 A000300 N
068 B000300 N
069 000300 N
<PAGE> PAGE 17
070 A010300 N
070 A020300 Y
070 B010300 Y
070 B020300 Y
070 C010300 N
070 C020300 N
070 D010300 N
070 D020300 N
070 E010300 N
070 E020300 N
070 F010300 N
070 F020300 N
070 G010300 N
070 G020300 N
070 H010300 N
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 N
070 J020300 N
070 K010300 N
070 K020300 N
070 L010300 N
070 L020300 N
070 M010300 N
070 M020300 N
070 N010300 Y
070 N020300 N
070 O010300 N
070 O020300 N
070 P010300 N
070 P020300 N
070 Q010300 N
070 Q020300 N
070 R010300 N
070 R020300 N
071 A000300 0
071 B000300 0
071 C000300 0
071 D000300 0
072 A000300 12
072 B000300 5552
072 C000300 0
072 D000300 0
072 E000300 0
072 F000300 349
072 G000300 97
072 H000300 0
072 I000300 50
072 J000300 40
072 K000300 0
<PAGE> PAGE 18
072 L000300 11
072 M000300 10
072 N000300 58
072 O000300 0
072 P000300 0
072 Q000300 0
072 R000300 7
072 S000300 8
072 T000300 0
072 U000300 0
072 V000300 0
072 W000300 22
072 X000300 652
072 Y000300 0
072 Z000300 4899
072AA000300 45
072BB000300 0
072CC010300 0
072CC020300 0
072DD010300 4901
072DD020300 0
072EE000300 45
073 A010300 0.4200
073 A020300 0.0000
073 B000300 0.0000
073 C000300 0.0000
074 A000300 0
074 B000300 49963
074 C000300 58956
074 D000300 0
074 E000300 0
074 F000300 0
074 G000300 0
074 H000300 0
074 I000300 0
074 J000300 0
074 K000300 0
074 L000300 169
074 M000300 0
074 N000300 109088
074 O000300 0
074 P000300 0
074 Q000300 0
074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 195
074 S000300 0
074 T000300 108893
074 U010300 108893
074 U020300 0
<PAGE> PAGE 19
074 V010300 1.00
074 V020300 0.00
074 W000300 1.0000
074 X000300 1678
074 Y000300 0
075 A000300 117023
075 B000300 0
076 000300 0.00
071 A000500 0
071 B000500 0
071 C000500 0
071 D000500 0
072 A000500 0
072 B000500 0
072 C000500 0
072 D000500 0
072 E000500 0
072 F000500 0
072 G000500 0
072 H000500 0
SIGNATURE BOB HERFORTH
TITLE DIRECTOR
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000822922
<NAME> TREASURERS FUND INC. MD
<SERIES>
<NUMBER> 2
<NAME> TREASURER'S TAX EXEMPT FUND
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 194454600
<INVESTMENTS-AT-VALUE> 194454600
<RECEIVABLES> 1455878
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 1195
<TOTAL-ASSETS> 195911673
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 331701
<TOTAL-LIABILITIES> 331701
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 195581902
<SHARES-COMMON-STOCK> 195622600
<SHARES-COMMON-PRIOR> 213627325
<ACCUMULATED-NII-CURRENT> 770
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (2700)
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 195579972
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 5974183
<OTHER-INCOME> 0
<EXPENSES-NET> 915134
<NET-INVESTMENT-INCOME> 5059049
<REALIZED-GAINS-CURRENT> (2700)
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 5056349
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (5061709)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 584568905
<NUMBER-OF-SHARES-REDEEMED> (607513281)
<SHARES-REINVESTED> 4939651
<NET-CHANGE-IN-ASSETS> (17972817)
<ACCUMULATED-NII-PRIOR> 3430
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 915134
<AVERAGE-NET-ASSETS> 189464525
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (0.02)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.48
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000822922
<NAME> TREASURERS FUND INC. MD
<SERIES>
<NUMBER> 1
<NAME> DOMESTIC PRIME MONEY MARKET FUND
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 429655877
<INVESTMENTS-AT-VALUE> 429655877
<RECEIVABLES> 2044641
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 431700518
<PAYABLE-FOR-SECURITIES> 14955202
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 804611
<TOTAL-LIABILITIES> 15759813
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 415947167
<SHARES-COMMON-STOCK> 416028318
<SHARES-COMMON-PRIOR> 16165041
<ACCUMULATED-NII-CURRENT> 1189205
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 5283705
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 415940705
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 19908486
<OTHER-INCOME> 0
<EXPENSES-NET> 1986768
<NET-INVESTMENT-INCOME> 17921718
<REALIZED-GAINS-CURRENT> 167
<APPREC-INCREASE-CURRENT> (12461454)
<NET-CHANGE-FROM-OPS> 5460431
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (17972298)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2849066
<NUMBER-OF-SHARES-REDEEMED> (1493927)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 45629621
<ACCUMULATED-NII-PRIOR> 1239785
<ACCUMULATED-GAINS-PRIOR> 5283538
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1170495
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1986768
<AVERAGE-NET-ASSETS> 242434511
<PER-SHARE-NAV-BEGIN> 15.23
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 1.33
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 25.18
<EXPENSE-RATIO> 0.82
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000822922
<NAME> TREASURERS FUND INC. MD
<SERIES>
<NUMBER> 3
<NAME> U.S. TREASURY MONEY MARKET
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 108919283
<INVESTMENTS-AT-VALUE> 108919283
<RECEIVABLES> 169118
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 109088401
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 195721
<TOTAL-LIABILITIES> 195721
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 108894805
<SHARES-COMMON-STOCK> 108894784
<SHARES-COMMON-PRIOR> 110879479
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (2125)
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 108892680
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 5551542
<OTHER-INCOME> 0
<EXPENSES-NET> 652323
<NET-INVESTMENT-INCOME> 4899219
<REALIZED-GAINS-CURRENT> 44590
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 5009105
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (4901323)
<DISTRIBUTIONS-OF-GAINS> (44590)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1205125006
<NUMBER-OF-SHARES-REDEEMED> (1209053210)
<SHARES-REINVESTED> 4230081
<NET-CHANGE-IN-ASSETS> (1621571)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> (21)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 347797
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 652323
<AVERAGE-NET-ASSETS> 117022838
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (0.04)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.56
</TABLE>
Report of Independent Auditors
To the Board of Trustees and Shareholders of
The Treasurer's Fund, Inc.
In planning and performing our audit of the financial statements of
The Treasurer's Fund, Inc.(comprising,respectively,the Domestic Prime Money
Market, Tax Exempt Money Market and U.S. Treasury Money Market Portfolios)
for the year ended October 31, 1999,we considered its internal control,
including control activities for safeguarding securities, in order to
determine our auditing procedures for the purpose 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.
The management of The Treasurer's Fund, Inc. is responsible for establishing
and maintaining internal control. In fulfilling this responsibility,
estimates and judgments by management are required to assess the expected
benefits and related costs of controls. Generally, controls that are
relevant to an audit pertain to the entity's objective of preparing financial
statements for external purposes that are fairly presented in conformity
with generally accepted accounting principles. Those controls include the
safeguarding of assets against unauthorized acquisition, use or disposition.
Because of inherent limitations in internal control, errors or fraud may
occur and not be detected. Also, projection of any evaluation of internal
control 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 internal control would not necessarily disclose all
matters in internal control 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 one or more of the specific internal control components does
not reduce to a relatively low level the risk that errors or fraud 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 internal control and its operation, Including
controls for safeguarding Securities, that we consider to be material
weaknesses as defined above at October 3 1, 1999.
This report is intended solely for the information and use of the board
of directors and management of The Treasurer's Fund, Inc. and the
Securities and Exchange Commission and is not intended and should not be
used by anyone other than these specified parties.
ERNST & YOUNG LLP
December 8, 1999
