TAX EXEMPT NEW YORK MONEY MARKET FUND
NSAR-A, 1994-11-29
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SIGNATURE   JEROME L. DUFFY                              
TITLE       TREASURER           
 


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KEMPER FINANCIAL SERVICES, INC.  
120 S. LaSalle Street, Chicago, IL  60603    312/781-1121







                                   November 28, 1994




Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, D.C.  20549

Attn:  Filing Desk, Stop 1-4

     Re:  TAX-EXEMPT NEW YORK MONEY MARKET FUND
          (FILE NOS. 33-34819 AND 811-6108)

Dear Sir or Madam:

Enclosed pursuant to Rule 30b-1 under the Investment Company Act of 1940 is the
Form N-SAR for the above-referenced Registrant for the six-month period ended
September 30, 1994.  A wire in the amount of $125 for the filing fee has been
sent to the Mellon Bank.

                                   Very truly yours,

                                    
                                          

                                   Maureen A. Miller
                                   Associate Counsel


MAM/lkw
Enclosures
cc:  Mr. Philip J. Collora/KFS




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