<PAGE> PAGE 1
000 A000000 10/31/96
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<PAGE> PAGE 2
010 C04AA01 5808
011 A00AA01 KEMPER DISTRIBUTORS, INC.
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013 B02AA01 IL
013 B03AA01 60606
014 A00AA01 KEMPER DISTRIBUTORS, INC.
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014 A00AA02 GRUNTAL SECURITIES, INC.
014 B00AA02 8-31022
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014 B00AA03 8-23936
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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<PAGE> PAGE 5
054 D00AA00 N
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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<PAGE> PAGE 9
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<PAGE> PAGE 10
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<PAGE> PAGE 11
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<PAGE> PAGE 12
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<PAGE> PAGE 13
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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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SIGNATURE JEROME L. DUFFY
TITLE TREASURER
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<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
1996 SEMIANNUAL REPORT TO SHAREHOLDERS AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000858372
<NAME> CASH ACCOUNT TRUST
<SERIES>
<NUMBER> 01
<NAME> MONEY MARKET PORTFOLIO
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</TABLE>
<TABLE> <S> <C>
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<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
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REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000858372
<NAME> CASH ACCOUNT TRUST
<SERIES>
<NUMBER> 02
<NAME> GOVERNMENT SECURITIES PORTFOLIO
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<S> <C>
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<NET-ASSETS> 220,173
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 5,556
<OTHER-INCOME> 0
<EXPENSES-NET> (912)
<NET-INVESTMENT-INCOME> 4,644
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 4,644
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (4,644)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 363,423
<NUMBER-OF-SHARES-REDEEMED> (337,718)
<SHARES-REINVESTED> 4,549
<NET-CHANGE-IN-ASSETS> 30,254
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 226
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,073
<AVERAGE-NET-ASSETS> 201,000
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.02
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> (0.02)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 1.06
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
1996 SEMIANNUAL REPORT TO SHAREHOLDERS AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000858372
<NAME> CASH ACCOUNT TRUST
<SERIES>
<NUMBER> 03
<NAME> TAX-EXEMPT PORTFOLIO
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> APR-30-1997
<PERIOD-START> MAY-01-1996
<PERIOD-END> OCT-31-1996
<INVESTMENTS-AT-COST> 71,021
<INVESTMENTS-AT-VALUE> 71,021
<RECEIVABLES> 6,686
<ASSETS-OTHER> 468
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 78,175
<PAYABLE-FOR-SECURITIES> 7,100
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 99
<TOTAL-LIABILITIES> 7,199
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 70,976
<SHARES-COMMON-STOCK> 70,976
<SHARES-COMMON-PRIOR> 66,981
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 70,976
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1,271
<OTHER-INCOME> 0
<EXPENSES-NET> (282)
<NET-INVESTMENT-INCOME> 989
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 989
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (989)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 125,009
<NUMBER-OF-SHARES-REDEEMED> (121,994)
<SHARES-REINVESTED> 980
<NET-CHANGE-IN-ASSETS> 3,995
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 75
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 355
<AVERAGE-NET-ASSETS> 69,822
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.01
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> (0.01)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 1.01
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>