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008 B000001 A
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011 B000001 8-5088
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013 A000001 COOPERS & LYBRAND L.L.P.
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<PAGE> PAGE 2
013 B030001 02110
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015 C030001 02109
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022 A000002 EVEREN SECURITIES
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022 C000003 10498
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022 A000004 LEHMAN BROTHERS
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022 C000004 6031
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022 D000005 9720
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022 C000006 3276
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<PAGE> PAGE 3
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022 B000008 13-4946705
022 C000008 15058
022 D000008 0
022 A000009 GIBRALTAR SECURITIES
022 C000009 1866
022 D000009 5195
022 A000010 PAINE WEBBER INC.
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022 C000010 480
022 D000010 4452
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<PAGE> PAGE 4
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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SIGNATURE PAUL BUCULAVAS
TITLE VICE PRESIDENT
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY
OF FINANCIAL INFORMATION EXTRACTED
FROM Putnam New Jersey Tax Exempt Fund Class A
AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<S> <C>
<PERIOD-TYPE> SEMI
<FISCAL-YEAR-END> May-31-95
<PERIOD-END> November-30-95
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<INVESTMENTS-AT-VALUE> 311,514,215
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL
INFORMATION EXTRACTED
FROM Putnam New Jersey Tax Exempt Fund
Class B AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<S> <C>
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<PERIOD-END> November-30-95
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY
FINANCIAL INFORMATION
EXTRACTED FROM Putnam New Jersey Tax Exempt Fund Class
M AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<S> <C>
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</TABLE>
