<PAGE> PAGE 1
000 B000000 07/31/94
000 C000000 0000872478
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 ML MULTI-ST. LTD. MAT. MUNICIPAL SERIES TRUST
001 B000000 811-6282
001 C000000 6092823355
002 A000000 P.O. BOX 9066
002 B000000 PRINCETON
002 C000000 NJ
002 D010000 08543
002 D020000 9066
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 10
007 C010100 1
007 C020100 ML NEW YORK LTD. MATURITY MUNI BOND FUND
007 C030100 N
007 C010200 2
007 C020200 ML MINNESOTA LTD. MATURITY MUNI BOND FUND
007 C030200 N
007 C010300 3
007 C020300 ML ARIZONA LTD. MATURITY MUNI BOND FUND
007 C030300 N
007 C010400 4
007 C020400 ML CALIFORNIA LTD. MATURITY MUNI BOND FUND
007 C030400 N
007 C010500 5
007 C020500 ML FLORIDA LTD. MATURITY MUNI BOND FUND
007 C030500 N
007 C010600 6
007 C020600 ML MASSACHUSETTS LTD. MATURITY MUNI BOND FUND
007 C030600 N
007 C010700 7
007 C020700 ML MICHIGAN LTD. MATURITY MUNI BOND FUND
007 C030700 N
007 C010800 8
007 C020800 ML NEW JERSEY LTD. MATURITY MUNI BOND FUND
007 C030800 N
007 C010900 9
007 C020900 ML PENNSYLVANIA LTD. MATURITY MUNI BOND FUND
007 C030900 N
007 C011000 10
<PAGE> PAGE 2
007 C021000 ML OHIO LTD. MATURITY MUNI BOND FUND
007 C031000 N
007 C011100 11
007 C011200 12
007 C011300 13
007 C011400 14
007 C011500 15
007 C011600 16
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 170
019 C00AA00 MERRILLLYN
020 A000001 SMITH BARNEY INC.
020 B000001 13-1912900
020 C000001 7
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 17
022 A000001 CHEMICAL SECURITIES, INC.
022 B000001 13-3379014
022 C000001 50588
022 D000001 40702
022 A000002 CS FIRST BOSTON CORPORATION
022 B000002 13-5659485
022 C000002 37089
022 D000002 27929
022 A000003 PAINEWEBBER INCORPORATED
022 B000003 13-2638166
022 C000003 37523
022 D000003 26195
022 A000004 SMITH BARNEY INC.
022 B000004 13-1912900
022 C000004 28565
022 D000004 34053
022 A000005 LEHMAN BROTHERS INC.
022 B000005 13-2518466
022 C000005 33505
022 D000005 18914
022 A000006 GOLDMAN, SACHS & CO.
022 B000006 13-5108880
<PAGE> PAGE 3
022 C000006 24028
022 D000006 7300
022 A000007 RAYMOND JAMES & ASSOCIATES, INC.
022 B000007 59-1237041
022 C000007 19190
022 D000007 9759
022 A000008 CITICORP SECURITIES INC.
022 C000008 12700
022 D000008 13014
022 A000009 KIDDER, PEABODY & CO. INCORPORATED
022 B000009 13-5650440
022 C000009 16267
022 D000009 7775
022 A000010 BEAR, STEARNS & CO. INC.
022 B000010 13-3299429
022 C000010 12992
022 D000010 5723
023 C000000 419063
023 D000000 281343
077 A000000 Y
077 B000000 Y
077 P000000 Y
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 Y
085 B00AA00 N
028 A010100 471
028 A020100 19
028 A030100 0
028 A040100 47
028 B010100 1676
028 B020100 17
028 B030100 0
028 B040100 1191
028 C010100 1088
028 C020100 24
028 C030100 0
028 C040100 200
028 D010100 302
028 D020100 22
028 D030100 0
028 D040100 72
028 E010100 382
028 E020100 24
028 E030100 0
028 E040100 141
028 F010100 506
028 F020100 29
028 F030100 0
<PAGE> PAGE 4
028 F040100 447
028 G010100 4425
028 G020100 135
028 G030100 0
028 G040100 2098
028 H000100 1000
029 000100 Y
030 A000100 21
030 B000100 1.00
030 C000100 0.00
031 A000100 1
031 B000100 0
032 000100 0
033 000100 20
034 000100 Y
035 000100 10
036 A000100 N
036 B000100 0
042 A000100 0
042 B000100 0
042 C000100 100
042 D000100 0
042 E000100 0
042 F000100 0
042 G000100 0
042 H000100 0
043 000100 22
044 000100 0
055 A000100 Y
055 B000100 N
056 000100 Y
057 000100 N
062 A000100 Y
062 B000100 0.0
062 C000100 0.0
062 D000100 0.0
062 E000100 26.6
062 F000100 0.0
062 G000100 0.0
062 H000100 0.0
062 I000100 0.0
062 J000100 0.0
062 K000100 0.0
062 L000100 0.0
062 M000100 0.0
062 N000100 0.0
062 O000100 69.2
062 P000100 0.0
062 Q000100 0.0
062 R000100 0.0
063 A000100 0
<PAGE> PAGE 5
063 B000100 4.7
064 A000100 Y
064 B000100 N
070 A010100 Y
070 A020100 N
070 B010100 N
070 B020100 N
070 C010100 N
070 C020100 N
070 D010100 N
070 D020100 N
070 E010100 Y
070 E020100 Y
070 F010100 N
070 F020100 N
070 G010100 Y
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 N
070 K010100 Y
070 K020100 N
070 L010100 N
070 L020100 N
070 M010100 N
070 M020100 N
070 N010100 N
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 Y
070 P020100 Y
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100 20826
071 B000100 10839
071 C000100 7097
071 D000100 153
072 A000100 9
072 B000100 339
072 C000100 0
072 D000100 0
072 E000100 0
072 F000100 32
072 G000100 22
072 H000100 0
<PAGE> PAGE 6
072 I000100 4
072 J000100 4
072 K000100 0
072 L000100 17
072 M000100 6
072 N000100 17
072 O000100 0
072 P000100 0
072 Q000100 0
072 R000100 0
072 S000100 3
072 T000100 22
072 U000100 6
072 V000100 0
072 W000100 3
072 X000100 136
072 Y000100 111
072 Z000100 314
072AA000100 62
072BB000100 184
072CC010100 10
072CC020100 0
072DD010100 111
072DD020100 204
072EE000100 0
073 A010100 0.2456
073 A020100 0.2217
073 B000100 0.0000
073 C000100 0.0000
074 A000100 4
074 B000100 0
074 C000100 4003
074 D000100 10398
074 E000100 0
074 F000100 0
074 G000100 0
074 H000100 0
074 I000100 0
074 J000100 498
074 K000100 80
074 L000100 121
074 M000100 55
074 N000100 15159
074 O000100 0
074 P000100 3
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 123
074 S000100 0
<PAGE> PAGE 7
074 T000100 15033
074 U010100 534
074 U020100 983
074 V010100 9.91
074 V020100 9.91
074 W000100 0.0000
074 X000100 301
074 Y000100 0
075 A000100 0
075 B000100 13500
076 000100 0.00
080 A000100 ICI MUTUAL INSURANCE CO.
080 B000100 NATIONAL UNION/ GULF/ CONTINENTAL CASUALTY
080 C000100 225
081 A000100 Y
081 B000100 170
082 A000100 N
082 B000100 0
055 A000200 N
055 B000200 N
056 000200 Y
057 000200 N
062 A000200 Y
062 B000200 0.0
062 C000200 0.0
062 D000200 0.0
062 E000200 0.0
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
071 A000200 0
071 B000200 0
071 C000200 0
071 D000200 0
072 A000200 9
072 B000200 0
072 C000200 0
072 D000200 0
072 E000200 0
072 F000200 0
072 G000200 0
<PAGE> PAGE 8
072 H000200 0
074 N000200 177
074 T000200 100
075 A000200 0
075 B000200 100
080 A000200 ICI MUTUAL INSURANCE CO.
080 B000200 NATIONAL UNION/ GULF/ CONTINENTAL CASUALTY
080 C000200 0
081 A000200 Y
081 B000200 170
082 A000200 N
082 B000200 0
028 A010300 244
028 A020300 7
028 A030300 0
028 A040300 80
028 B010300 333
028 B020300 7
028 B030300 0
028 B040300 170
028 C010300 1000
028 C020300 10
028 C030300 0
028 C040300 233
028 D010300 613
028 D020300 11
028 D030300 0
028 D040300 282
028 E010300 60
028 E020300 11
028 E030300 0
028 E040300 150
028 F010300 78
028 F020300 14
028 F030300 0
028 F040300 134
028 G010300 2328
028 G020300 60
028 G030300 0
028 G040300 1049
028 H000300 674
029 000300 Y
030 A000300 17
030 B000300 1.00
030 C000300 0.00
031 A000300 0
031 B000300 0
032 000300 0
033 000300 17
034 000300 Y
035 000300 2
<PAGE> PAGE 9
036 A000300 N
036 B000300 0
042 A000300 0
042 B000300 0
042 C000300 100
042 D000300 0
042 E000300 0
042 F000300 0
042 G000300 0
042 H000300 0
043 000300 11
044 000300 0
055 A000300 N
055 B000300 N
056 000300 Y
057 000300 N
062 A000300 Y
062 B000300 0.0
062 C000300 0.0
062 D000300 0.0
062 E000300 37.8
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 47.0
062 P000300 0.0
062 Q000300 0.0
062 R000300 0.0
063 A000300 0
063 B000300 3.0
064 A000300 Y
064 B000300 N
070 A010300 Y
070 A020300 N
070 B010300 N
070 B020300 N
070 C010300 N
070 C020300 N
070 D010300 N
070 D020300 N
070 E010300 Y
070 E020300 Y
070 F010300 N
070 F020300 N
070 G010300 Y
<PAGE> PAGE 10
070 G020300 N
070 H010300 N
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 Y
070 J020300 N
070 K010300 Y
070 K020300 N
070 L010300 N
070 L020300 N
070 M010300 N
070 M020300 N
070 N010300 N
070 N020300 N
070 O010300 Y
070 O020300 N
070 P010300 Y
070 P020300 Y
070 Q010300 N
070 Q020300 N
070 R010300 N
070 R020300 N
071 A000300 8695
071 B000300 5001
071 C000300 3513
071 D000300 142
072 A000300 9
072 B000300 156
072 C000300 0
072 D000300 0
072 E000300 0
072 F000300 16
072 G000300 21
072 H000300 0
072 I000300 2
072 J000300 3
072 K000300 0
072 L000300 12
072 M000300 3
072 N000300 17
072 O000300 0
072 P000300 0
072 Q000300 0
072 R000300 0
072 S000300 1
072 T000300 11
072 U000300 6
072 V000300 0
072 W000300 3
072 X000300 95
<PAGE> PAGE 11
072 Y000300 83
072 Z000300 144
072AA000300 41
072BB000300 64
072CC010300 7
072CC020300 0
072DD010300 44
072DD020300 99
072EE000300 0
073 A010300 0.2268
073 A020300 0.2027
073 B000300 0.0000
073 C000300 0.0000
074 A000300 80
074 B000300 0
074 C000300 2900
074 D000300 3608
074 E000300 0
074 F000300 0
074 G000300 0
074 H000300 0
074 I000300 0
074 J000300 1055
074 K000300 67
074 L000300 36
074 M000300 56
074 N000300 7802
074 O000300 0
074 P000300 2
074 Q000300 0
074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 123
074 S000300 0
074 T000300 7677
074 U010300 211
074 U020300 559
074 V010300 9.97
074 V020300 9.97
074 W000300 0.0000
074 X000300 199
074 Y000300 0
075 A000300 0
075 B000300 6774
076 000300 0.00
080 A000300 ICI MUTUAL INSURANCE CO.
080 B000300 NATIONAL UNION/ GULF/ CONTINENTAL CASUALTY
080 C000300 200
081 A000300 Y
081 B000300 170
<PAGE> PAGE 12
082 A000300 N
082 B000300 0
028 A010400 414
028 A020400 15
028 A030400 0
028 A040400 75
028 B010400 359
028 B020400 13
028 B030400 0
028 B040400 253
028 C010400 287
028 C020400 19
028 C030400 0
028 C040400 557
028 D010400 43
028 D020400 17
028 D030400 0
028 D040400 276
028 E010400 282
028 E020400 17
028 E030400 0
028 E040400 388
028 F010400 774
028 F020400 21
028 F030400 0
028 F040400 84
028 G010400 2159
028 G020400 102
028 G030400 0
028 G040400 1633
028 H000400 741
029 000400 Y
030 A000400 25
030 B000400 1.00
030 C000400 0.00
031 A000400 1
031 B000400 0
032 000400 0
033 000400 24
034 000400 Y
035 000400 6
036 A000400 N
036 B000400 0
042 A000400 0
042 B000400 0
042 C000400 100
042 D000400 0
042 E000400 0
042 F000400 0
042 G000400 0
042 H000400 0
<PAGE> PAGE 13
043 000400 26
044 000400 0
055 A000400 N
055 B000400 N
056 000400 Y
057 000400 N
062 A000400 Y
062 B000400 0.0
062 C000400 0.0
062 D000400 0.0
062 E000400 30.9
062 F000400 0.0
062 G000400 0.0
062 H000400 0.0
062 I000400 0.0
062 J000400 0.0
062 K000400 0.0
062 L000400 0.0
062 M000400 0.0
062 N000400 0.0
062 O000400 66.9
062 P000400 0.0
062 Q000400 0.0
062 R000400 0.0
063 A000400 0
063 B000400 3.9
064 A000400 Y
064 B000400 N
070 A010400 Y
070 A020400 N
070 B010400 N
070 B020400 N
070 C010400 N
070 C020400 N
070 D010400 N
070 D020400 N
070 E010400 Y
070 E020400 Y
070 F010400 N
070 F020400 N
070 G010400 Y
070 G020400 N
070 H010400 N
070 H020400 N
070 I010400 N
070 I020400 N
070 J010400 Y
070 J020400 N
070 K010400 Y
070 K020400 N
070 L010400 N
<PAGE> PAGE 14
070 L020400 N
070 M010400 N
070 M020400 N
070 N010400 N
070 N020400 N
070 O010400 Y
070 O020400 N
070 P010400 Y
070 P020400 Y
070 Q010400 N
070 Q020400 N
070 R010400 N
070 R020400 N
071 A000400 20796
071 B000400 10335
071 C000400 7944
071 D000400 130
072 A000400 9
072 B000400 350
072 C000400 0
072 D000400 0
072 E000400 0
072 F000400 34
072 G000400 20
072 H000400 0
072 I000400 3
072 J000400 4
072 K000400 0
072 L000400 17
072 M000400 6
072 N000400 18
072 O000400 0
072 P000400 0
072 Q000400 0
072 R000400 0
072 S000400 3
072 T000400 26
072 U000400 6
072 V000400 0
072 W000400 3
072 X000400 140
072 Y000400 112
072 Z000400 322
072AA000400 58
072BB000400 207
072CC010400 0
072CC020400 46
072DD010400 88
072DD020400 235
072EE000400 0
073 A010400 0.2377
<PAGE> PAGE 15
073 A020400 0.2139
073 B000400 0.0000
073 C000400 0.0000
074 A000400 69
074 B000400 0
074 C000400 4700
074 D000400 10200
074 E000400 0
074 F000400 0
074 G000400 0
074 H000400 0
074 I000400 0
074 J000400 0
074 K000400 78
074 L000400 205
074 M000400 63
074 N000400 15315
074 O000400 0
074 P000400 4
074 Q000400 0
074 R010400 0
074 R020400 0
074 R030400 0
074 R040400 77
074 S000400 0
074 T000400 15234
074 U010400 385
074 U020400 1157
074 V010400 9.88
074 V020400 9.88
074 W000400 0.0000
074 X000400 225
074 Y000400 0
075 A000400 0
075 B000400 14456
076 000400 0.00
080 A000400 ICI MUTUAL INSURANCE CO.
080 B000400 NATIONAL UNION/ GULF/ CONTINENTAL CASUALTY
080 C000400 225
081 A000400 Y
081 B000400 170
082 A000400 N
082 B000400 0
028 A010500 1450
028 A020500 39
028 A030500 0
028 A040500 504
028 B010500 594
028 B020500 44
028 B030500 0
028 B040500 2135
<PAGE> PAGE 16
028 C010500 141
028 C020500 60
028 C030500 0
028 C040500 3625
028 D010500 1094
028 D020500 52
028 D030500 0
028 D040500 369
028 E010500 397
028 E020500 52
028 E030500 0
028 E040500 974
028 F010500 323
028 F020500 64
028 F030500 0
028 F040500 1194
028 G010500 3999
028 G020500 311
028 G030500 0
028 G040500 8801
028 H000500 1086
029 000500 Y
030 A000500 67
030 B000500 1.00
030 C000500 0.00
031 A000500 1
031 B000500 0
032 000500 0
033 000500 66
034 000500 Y
035 000500 18
036 A000500 N
036 B000500 0
042 A000500 0
042 B000500 0
042 C000500 100
042 D000500 0
042 E000500 0
042 F000500 0
042 G000500 0
042 H000500 0
043 000500 42
044 000500 0
055 A000500 N
055 B000500 N
056 000500 Y
057 000500 N
062 A000500 Y
062 B000500 0.0
062 C000500 0.0
062 D000500 0.0
<PAGE> PAGE 17
062 E000500 35.6
062 F000500 0.0
062 G000500 0.0
062 H000500 0.0
062 I000500 0.0
062 J000500 0.0
062 K000500 0.0
062 L000500 0.0
062 M000500 0.0
062 N000500 0.0
062 O000500 63.3
062 P000500 0.0
062 Q000500 0.0
062 R000500 0.0
063 A000500 0
063 B000500 3.6
064 A000500 Y
064 B000500 N
070 A010500 Y
070 A020500 N
070 B010500 N
070 B020500 N
070 C010500 N
070 C020500 N
070 D010500 N
070 D020500 N
070 E010500 Y
070 E020500 Y
070 F010500 N
070 F020500 N
070 G010500 Y
070 G020500 N
070 H010500 N
070 H020500 N
070 I010500 N
070 I020500 N
070 J010500 Y
070 J020500 N
070 K010500 Y
070 K020500 N
070 L010500 N
070 L020500 N
070 M010500 N
070 M020500 N
070 N010500 N
070 N020500 N
070 O010500 Y
070 O020500 N
070 P010500 Y
070 P020500 Y
070 Q010500 N
<PAGE> PAGE 18
070 Q020500 N
070 R010500 N
070 R020500 N
071 A000500 48973
071 B000500 27134
071 C000500 19848
071 D000500 137
072 A000500 9
072 B000500 851
072 C000500 0
072 D000500 0
072 E000500 0
072 F000500 84
072 G000500 25
072 H000500 0
072 I000500 6
072 J000500 6
072 K000500 0
072 L000500 37
072 M000500 13
072 N000500 22
072 O000500 0
072 P000500 0
072 Q000500 0
072 R000500 0
072 S000500 5
072 T000500 42
072 U000500 6
072 V000500 0
072 W000500 3
072 X000500 249
072 Y000500 202
072 Z000500 804
072AA000500 227
072BB000500 680
072CC010500 0
072CC020500 68
072DD010500 424
072DD020500 380
072EE000500 0
073 A010500 0.2372
073 A020500 0.2134
073 B000500 0.0000
073 C000500 0.0000
074 A000500 11
074 B000500 0
074 C000500 11755
074 D000500 20929
074 E000500 0
074 F000500 0
074 G000500 0
<PAGE> PAGE 19
074 H000500 0
074 I000500 0
074 J000500 0
074 K000500 118
074 L000500 375
074 M000500 69
074 N000500 33257
074 O000500 0
074 P000500 5
074 Q000500 0
074 R010500 0
074 R020500 0
074 R030500 0
074 R040500 205
074 S000500 0
074 T000500 33047
074 U010500 1506
074 U020500 1841
074 V010500 9.87
074 V020500 9.88
074 W000500 0.0000
074 X000500 479
074 Y000500 0
075 A000500 0
075 B000500 35171
076 000500 0.00
080 A000500 ICI MUTUAL INSURANCE CO.
080 B000500 NATIONAL UNION/ GULF/ CONTINENTAL CASUALTY
080 C000500 350
081 A000500 Y
081 B000500 170
082 A000500 N
082 B000500 0
028 A010600 1002
028 A020600 22
028 A030600 0
028 A040600 75
028 B010600 1463
028 B020600 20
028 B030600 0
028 B040600 332
028 C010600 717
028 C020600 29
028 C030600 0
028 C040600 352
028 D010600 39
028 D020600 27
028 D030600 0
028 D040600 159
028 E010600 24
028 E020600 28
<PAGE> PAGE 20
028 E030600 0
028 E040600 417
028 F010600 1496
028 F020600 36
028 F030600 0
028 F040600 486
028 G010600 4741
028 G020600 162
028 G030600 0
028 G040600 1821
028 H000600 2565
029 000600 Y
030 A000600 36
030 B000600 1.00
030 C000600 0.00
031 A000600 2
031 B000600 0
032 000600 0
033 000600 34
034 000600 Y
035 000600 12
036 A000600 N
036 B000600 0
042 A000600 0
042 B000600 0
042 C000600 100
042 D000600 0
042 E000600 0
042 F000600 0
042 G000600 0
042 H000600 0
043 000600 19
044 000600 0
055 A000600 N
055 B000600 N
056 000600 Y
057 000600 N
062 A000600 Y
062 B000600 0.0
062 C000600 0.0
062 D000600 0.0
062 E000600 37.2
062 F000600 0.0
062 G000600 0.0
062 H000600 0.0
062 I000600 0.0
062 J000600 0.0
062 K000600 0.0
062 L000600 0.0
062 M000600 0.0
062 N000600 0.0
<PAGE> PAGE 21
062 O000600 61.4
062 P000600 0.0
062 Q000600 0.0
062 R000600 0.0
063 A000600 0
063 B000600 3.0
064 A000600 Y
064 B000600 N
070 A010600 Y
070 A020600 N
070 B010600 N
070 B020600 N
070 C010600 N
070 C020600 N
070 D010600 N
070 D020600 N
070 E010600 Y
070 E020600 Y
070 F010600 N
070 F020600 N
070 G010600 Y
070 G020600 N
070 H010600 N
070 H020600 N
070 I010600 N
070 I020600 N
070 J010600 Y
070 J020600 N
070 K010600 Y
070 K020600 N
070 L010600 N
070 L020600 N
070 M010600 N
070 M020600 N
070 N010600 N
070 N020600 N
070 O010600 Y
070 O020600 N
070 P010600 Y
070 P020600 Y
070 Q010600 N
070 Q020600 N
070 R010600 N
070 R020600 N
071 A000600 16228
071 B000600 4606
071 C000600 7969
071 D000600 58
072 A000600 9
072 B000600 349
072 C000600 0
<PAGE> PAGE 22
072 D000600 0
072 E000600 0
072 F000600 33
072 G000600 15
072 H000600 0
072 I000600 3
072 J000600 4
072 K000600 0
072 L000600 19
072 M000600 5
072 N000600 23
072 O000600 0
072 P000600 0
072 Q000600 0
072 R000600 0
072 S000600 2
072 T000600 19
072 U000600 6
072 V000600 0
072 W000600 2
072 X000600 131
072 Y000600 110
072 Z000600 328
072AA000600 99
072BB000600 84
072CC010600 0
072CC020600 82
072DD010600 152
072DD020600 176
072EE000600 0
073 A010600 0.2452
073 A020600 0.2211
073 B000600 0.0000
073 C000600 0.0000
074 A000600 60
074 B000600 0
074 C000600 6006
074 D000600 9910
074 E000600 0
074 F000600 0
074 G000600 0
074 H000600 0
074 I000600 0
074 J000600 508
074 K000600 76
074 L000600 145
074 M000600 60
074 N000600 16765
074 O000600 476
074 P000600 2
074 Q000600 0
<PAGE> PAGE 23
074 R010600 0
074 R020600 0
074 R030600 0
074 R040600 144
074 S000600 0
074 T000600 16143
074 U010600 814
074 U020600 809
074 V010600 9.95
074 V020600 9.95
074 W000600 0.0000
074 X000600 318
074 Y000600 0
075 A000600 0
075 B000600 13942
076 000600 0.00
080 A000600 ICI MUTUAL INSURANCE CO.
080 B000600 NATIONAL UNION/ GULF/ CONTINENTAL CASUALTY
080 C000600 225
081 A000600 Y
081 B000600 170
082 A000600 N
082 B000600 0
028 A010700 307
028 A020700 5
028 A030700 0
028 A040700 10
028 B010700 591
028 B020700 5
028 B030700 0
028 B040700 267
028 C010700 28
028 C020700 8
028 C030700 0
028 C040700 40
028 D010700 75
028 D020700 8
028 D030700 0
028 D040700 399
028 E010700 87
028 E020700 7
028 E030700 0
028 E040700 10
028 F010700 35
028 F020700 8
028 F030700 0
028 F040700 192
028 G010700 1123
028 G020700 41
028 G030700 0
028 G040700 918
<PAGE> PAGE 24
028 H000700 777
029 000700 Y
030 A000700 25
030 B000700 1.00
030 C000700 0.00
031 A000700 1
031 B000700 0
032 000700 0
033 000700 24
034 000700 Y
035 000700 3
036 A000700 N
036 B000700 0
042 A000700 0
042 B000700 0
042 C000700 100
042 D000700 0
042 E000700 0
042 F000700 0
042 G000700 0
042 H000700 0
043 000700 6
044 000700 0
055 A000700 N
055 B000700 N
056 000700 Y
057 000700 N
062 A000700 Y
062 B000700 0.0
062 C000700 0.0
062 D000700 0.0
062 E000700 23.1
062 F000700 0.0
062 G000700 0.0
062 H000700 0.0
062 I000700 0.0
062 J000700 0.0
062 K000700 0.0
062 L000700 0.0
062 M000700 0.0
062 N000700 0.0
062 O000700 65.1
062 P000700 0.0
062 Q000700 0.0
062 R000700 0.0
063 A000700 0
063 B000700 4.4
064 A000700 Y
064 B000700 N
070 A010700 Y
070 A020700 N
<PAGE> PAGE 25
070 B010700 N
070 B020700 N
070 C010700 N
070 C020700 N
070 D010700 N
070 D020700 N
070 E010700 Y
070 E020700 Y
070 F010700 N
070 F020700 N
070 G010700 Y
070 G020700 N
070 H010700 N
070 H020700 N
070 I010700 N
070 I020700 N
070 J010700 Y
070 J020700 N
070 K010700 Y
070 K020700 N
070 L010700 N
070 L020700 N
070 M010700 N
070 M020700 N
070 N010700 N
070 N020700 N
070 O010700 Y
070 O020700 N
070 P010700 Y
070 P020700 Y
070 Q010700 N
070 Q020700 N
070 R010700 N
070 R020700 N
071 A000700 10293
071 B000700 6404
071 C000700 3137
071 D000700 204
072 A000700 9
072 B000700 140
072 C000700 0
072 D000700 0
072 E000700 0
072 F000700 14
072 G000700 23
072 H000700 0
072 I000700 2
072 J000700 2
072 K000700 0
072 L000700 8
072 M000700 3
<PAGE> PAGE 26
072 N000700 18
072 O000700 0
072 P000700 0
072 Q000700 0
072 R000700 0
072 S000700 1
072 T000700 6
072 U000700 6
072 V000700 0
072 W000700 2
072 X000700 85
072 Y000700 78
072 Z000700 133
072AA000700 31
072BB000700 80
072CC010700 0
072CC020700 2
072DD010700 80
072DD020700 53
072EE000700 0
073 A010700 0.2401
073 A020700 0.2160
073 B000700 0.0000
073 C000700 0.0000
074 A000700 610
074 B000700 0
074 C000700 1352
074 D000700 3808
074 E000700 0
074 F000700 0
074 G000700 0
074 H000700 0
074 I000700 0
074 J000700 0
074 K000700 64
074 L000700 61
074 M000700 60
074 N000700 5955
074 O000700 0
074 P000700 1
074 Q000700 0
074 R010700 0
074 R020700 0
074 R030700 0
074 R040700 108
074 S000700 0
074 T000700 5846
074 U010700 346
074 U020700 243
074 V010700 9.92
074 V020700 9.92
<PAGE> PAGE 27
074 W000700 0.0000
074 X000700 150
074 Y000700 0
075 A000700 0
075 B000700 5728
076 000700 0.00
080 A000700 ICI MUTUAL INSURANCE CO.
080 B000700 NATIONAL UNION/ GULF/ CONTINENTAL CASUALTY
080 C000700 150
081 A000700 Y
081 B000700 170
082 A000700 N
082 B000700 0
028 A010800 958
028 A020800 14
028 A030800 0
028 A040800 117
028 B010800 1514
028 B020800 12
028 B030800 0
028 B040800 182
028 C010800 425
028 C020800 19
028 C030800 0
028 C040800 227
028 D010800 165
028 D020800 18
028 D030800 0
028 D040800 315
028 E010800 296
028 E020800 19
028 E030800 0
028 E040800 140
028 F010800 574
028 F020800 23
028 F030800 0
028 F040800 1317
028 G010800 3932
028 G020800 105
028 G030800 0
028 G040800 2298
028 H000800 1523
029 000800 Y
030 A000800 9
030 B000800 1.00
030 C000800 0.00
031 A000800 0
031 B000800 0
032 000800 0
033 000800 9
034 000800 Y
<PAGE> PAGE 28
035 000800 7
036 A000800 N
036 B000800 0
042 A000800 0
042 B000800 0
042 C000800 100
042 D000800 0
042 E000800 0
042 F000800 0
042 G000800 0
042 H000800 0
043 000800 17
044 000800 0
055 A000800 Y
055 B000800 N
056 000800 Y
057 000800 N
062 A000800 Y
062 B000800 0.0
062 C000800 0.0
062 D000800 0.0
062 E000800 23.2
062 F000800 0.0
062 G000800 0.0
062 H000800 0.0
062 I000800 0.0
062 J000800 0.0
062 K000800 0.0
062 L000800 0.0
062 M000800 0.0
062 N000800 0.0
062 O000800 65.8
062 P000800 0.0
062 Q000800 0.0
062 R000800 0.0
063 A000800 0
063 B000800 3.1
064 A000800 Y
064 B000800 N
070 A010800 Y
070 A020800 N
070 B010800 N
070 B020800 N
070 C010800 N
070 C020800 N
070 D010800 N
070 D020800 N
070 E010800 Y
070 E020800 Y
070 F010800 N
070 F020800 N
<PAGE> PAGE 29
070 G010800 Y
070 G020800 N
070 H010800 N
070 H020800 N
070 I010800 N
070 I020800 N
070 J010800 Y
070 J020800 N
070 K010800 Y
070 K020800 N
070 L010800 N
070 L020800 N
070 M010800 N
070 M020800 N
070 N010800 N
070 N020800 N
070 O010800 Y
070 O020800 N
070 P010800 Y
070 P020800 Y
070 Q010800 N
070 Q020800 N
070 R010800 N
070 R020800 N
071 A000800 24934
071 B000800 15572
071 C000800 7595
071 D000800 205
072 A000800 9
072 B000800 303
072 C000800 0
072 D000800 0
072 E000800 0
072 F000800 31
072 G000800 19
072 H000800 0
072 I000800 3
072 J000800 4
072 K000800 0
072 L000800 10
072 M000800 4
072 N000800 21
072 O000800 0
072 P000800 0
072 Q000800 0
072 R000800 0
072 S000800 2
072 T000800 17
072 U000800 6
072 V000800 0
072 W000800 2
<PAGE> PAGE 30
072 X000800 119
072 Y000800 99
072 Z000800 283
072AA000800 94
072BB000800 183
072CC010800 4
072CC020800 0
072DD010800 131
072DD020800 152
072EE000800 0
073 A010800 0.2273
073 A020800 0.2034
073 B000800 0.0000
073 C000800 0.0000
074 A000800 8
074 B000800 0
074 C000800 3200
074 D000800 9099
074 E000800 0
074 F000800 0
074 G000800 0
074 H000800 0
074 I000800 0
074 J000800 1833
074 K000800 69
074 L000800 389
074 M000800 58
074 N000800 14656
074 O000800 0
074 P000800 2
074 Q000800 0
074 R010800 0
074 R020800 0
074 R030800 0
074 R040800 836
074 S000800 0
074 T000800 13818
074 U010800 597
074 U020800 793
074 V010800 9.94
074 V020800 9.95
074 W000800 0.0000
074 X000800 244
074 Y000800 0
075 A000800 0
075 B000800 12973
076 000800 0.00
080 A000800 ICI MUTUAL INSURANCE CO.
080 B000800 NATIONAL UNION/ GULF/ CONTINENTAL CASUALTY
080 C000800 225
081 A000800 Y
<PAGE> PAGE 31
081 B000800 170
082 A000800 N
082 B000800 0
028 A010900 224
028 A020900 18
028 A030900 0
028 A040900 21
028 B010900 85
028 B020900 14
028 B030900 0
028 B040900 374
028 C010900 120
028 C020900 18
028 C030900 0
028 C040900 360
028 D010900 191
028 D020900 18
028 D030900 0
028 D040900 144
028 E010900 214
028 E020900 19
028 E030900 0
028 E040900 10
028 F010900 23
028 F020900 22
028 F030900 0
028 F040900 423
028 G010900 857
028 G020900 109
028 G030900 0
028 G040900 1332
028 H000900 198
029 000900 Y
030 A000900 5
030 B000900 1.00
030 C000900 0.00
031 A000900 0
031 B000900 0
032 000900 0
033 000900 5
034 000900 Y
035 000900 7
036 A000900 N
036 B000900 0
042 A000900 0
042 B000900 0
042 C000900 100
042 D000900 0
042 E000900 0
042 F000900 0
042 G000900 0
<PAGE> PAGE 32
042 H000900 0
043 000900 23
044 000900 0
055 A000900 N
055 B000900 N
056 000900 Y
057 000900 N
062 A000900 Y
062 B000900 0.0
062 C000900 0.0
062 D000900 0.0
062 E000900 26.6
062 F000900 0.0
062 G000900 0.0
062 H000900 0.0
062 I000900 0.0
062 J000900 0.0
062 K000900 0.0
062 L000900 0.0
062 M000900 0.0
062 N000900 0.0
062 O000900 55.7
062 P000900 0.0
062 Q000900 0.0
062 R000900 0.0
063 A000900 0
063 B000900 4.2
064 A000900 Y
064 B000900 N
070 A010900 Y
070 A020900 N
070 B010900 N
070 B020900 N
070 C010900 N
070 C020900 N
070 D010900 N
070 D020900 N
070 E010900 Y
070 E020900 Y
070 F010900 N
070 F020900 N
070 G010900 Y
070 G020900 N
070 H010900 N
070 H020900 N
070 I010900 N
070 I020900 N
070 J010900 Y
070 J020900 N
070 K010900 Y
070 K020900 N
<PAGE> PAGE 33
070 L010900 N
070 L020900 N
070 M010900 N
070 M020900 N
070 N010900 N
070 N020900 N
070 O010900 Y
070 O020900 N
070 P010900 Y
070 P020900 N
070 Q010900 N
070 Q020900 N
070 R010900 N
070 R020900 N
071 A000900 18213
071 B000900 12157
071 C000900 5120
071 D000900 237
072 A000900 9
072 B000900 247
072 C000900 0
072 D000900 0
072 E000900 0
072 F000900 25
072 G000900 22
072 H000900 0
072 I000900 3
072 J000900 4
072 K000900 0
072 L000900 15
072 M000900 5
072 N000900 21
072 O000900 0
072 P000900 0
072 Q000900 0
072 R000900 0
072 S000900 3
072 T000900 23
072 U000900 6
072 V000900 0
072 W000900 2
072 X000900 129
072 Y000900 104
072 Z000900 222
072AA000900 65
072BB000900 128
072CC010900 0
072CC020900 2
072DD010900 20
072DD020900 202
072EE000900 0
<PAGE> PAGE 34
073 A010900 0.2298
073 A020900 0.2058
073 B000900 0.0000
073 C000900 0.0000
074 A000900 35
074 B000900 0
074 C000900 2800
074 D000900 5857
074 E000900 0
074 F000900 0
074 G000900 0
074 H000900 0
074 I000900 0
074 J000900 1664
074 K000900 79
074 L000900 104
074 M000900 60
074 N000900 10599
074 O000900 0
074 P000900 3
074 Q000900 0
074 R010900 0
074 R020900 0
074 R030900 0
074 R040900 74
074 S000900 0
074 T000900 10522
074 U010900 100
074 U020900 958
074 V010900 9.95
074 V020900 9.95
074 W000900 0.0000
074 X000900 260
074 Y000900 0
075 A000900 0
075 B000900 10594
076 000900 0.00
080 A000900 ICI MUTUAL INSURANCE CO.
080 B000900 NATIONAL UNION/ GULF/ CONTINENTAL CASUALTY
080 C000900 200
081 A000900 Y
081 B000900 170
082 A000900 N
082 B000900 0
028 A011000 0
028 A021000 0
028 A031000 0
028 A041000 0
028 B011000 0
028 B021000 0
028 B031000 0
<PAGE> PAGE 35
028 B041000 0
028 C011000 0
028 C021000 0
028 C031000 0
028 C041000 0
028 D011000 0
028 D021000 0
028 D031000 0
028 D041000 0
028 E011000 0
028 E021000 0
028 E031000 0
028 E041000 0
028 F011000 0
028 F021000 0
028 F031000 0
028 F041000 0
028 G011000 0
028 G021000 0
028 G031000 0
028 G041000 0
028 H001000 0
055 A001000 N
055 B001000 N
056 001000 Y
057 001000 N
062 A001000 Y
062 B001000 0.0
062 C001000 0.0
062 D001000 0.0
062 E001000 0.0
062 F001000 0.0
062 G001000 0.0
062 H001000 0.0
062 I001000 0.0
062 J001000 0.0
062 K001000 0.0
062 L001000 0.0
062 M001000 0.0
062 N001000 0.0
062 O001000 0.0
062 P001000 0.0
062 Q001000 0.0
062 R001000 0.0
071 A001000 0
071 B001000 0
071 C001000 0
071 D001000 0
072 A001000 9
072 B001000 0
072 C001000 0
<PAGE> PAGE 36
072 D001000 0
072 E001000 0
072 F001000 0
072 G001000 0
072 H001000 0
074 N001000 169
074 T001000 100
075 A001000 0
075 B001000 100
080 A001000 ICI MUTUAL INSURANCE CO.
080 B001000 NATIONAL UNION/ GULF/ CONTINENTAL CASUALTY
080 C001000 0
081 A001000 Y
081 B001000 170
082 A001000 N
082 B001000 0
SIGNATURE GERALD M. RICHARD
TITLE TREASURER
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<TYPE> EX-27.CLASSA
<ARTICLE> 6
<CIK> 0000872478
<NAME> ML MULTI-STATE LIMITED MATURITY MUNICIPAL SERIES TRUST
<SERIES>
<NUMBER> 1
<NAME> NEW YORK LIMITED MATURITY MUNICIPAL BOND FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JUL-31-1994
<PERIOD-START> NOV-26-1993
<PERIOD-END> JUL-31-1994
<INVESTMENTS-AT-COST> 14391444
<INVESTMENTS-AT-VALUE> 14401144
<RECEIVABLES> 699094
<ASSETS-OTHER> 58820
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 15159058
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 126315
<TOTAL-LIABILITIES> 126315
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 15145053
<SHARES-COMMON-STOCK> 533680
<SHARES-COMMON-PRIOR> 5000
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (122010)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 99700
<NET-ASSETS> 5289719
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 338640
<OTHER-INCOME> 0
<EXPENSES-NET> 24089
<NET-INVESTMENT-INCOME> 314551
<REALIZED-GAINS-CURRENT> (122010)
<APPREC-INCREASE-CURRENT> 9700
<NET-CHANGE-FROM-OPS> 202241
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 110834
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 688129
<NUMBER-OF-SHARES-REDEEMED> 167164
<SHARES-REINVESTED> 7715
<NET-CHANGE-IN-ASSETS> 14932743
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 32105
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 135731
<AVERAGE-NET-ASSETS> 4431221
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> .25
<PER-SHARE-GAIN-APPREC> (.09)
<PER-SHARE-DIVIDEND> .25
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.91
<EXPENSE-RATIO> 1.24
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<TYPE> EX-27.CLASSB
<ARTICLE> 6
<CIK> 0000872478
<NAME> ML MULTI-STATE LIMITED MATURITY MUNICIPAL SERIES TRUST
<SERIES>
<NUMBER> 1
<NAME> NEW YORK LIMITED MATURITY MUNICIPAL BOND FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JUL-31-1994
<PERIOD-START> NOV-26-1993
<PERIOD-END> JUL-31-1994
<INVESTMENTS-AT-COST> 14391444
<INVESTMENTS-AT-VALUE> 14401144
<RECEIVABLES> 699094
<ASSETS-OTHER> 58820
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 15159058
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 126315
<TOTAL-LIABILITIES> 126315
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 15145053
<SHARES-COMMON-STOCK> 982913
<SHARES-COMMON-PRIOR> 5000
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (122010)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 9700
<NET-ASSETS> 9743024
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 338640
<OTHER-INCOME> 0
<EXPENSES-NET> 24089
<NET-INVESTMENT-INCOME> 314551
<REALIZED-GAINS-CURRENT> (122010)
<APPREC-INCREASE-CURRENT> 9700
<NET-CHANGE-FROM-OPS> 202241
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 203717
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0107860
<NUMBER-OF-SHARES-SOLD> 1107860
<NUMBER-OF-SHARES-REDEEMED> 139173
<SHARES-REINVESTED> 9226
<NET-CHANGE-IN-ASSETS> 14932743
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 32105
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 135731
<AVERAGE-NET-ASSETS> 9069276
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> .22
<PER-SHARE-GAIN-APPREC> (.09)
<PER-SHARE-DIVIDEND> .22
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.91
<EXPENSE-RATIO> 1.60
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<TYPE> EX-27.CLASSA
<ARTICLE> 6
<CIK> 0000872478
<NAME> ML MULTI-STATE LIMITED MATURITY MUNICIPAL SERIES TRUST
<SERIES>
<NUMBER> 3
<NAME> ARIZONA LIMITED MATURITY MUNICIPAL BOND FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JUL-31-1994
<PERIOD-START> NOV-26-1993
<PERIOD-END> JUL-31-1994
<INVESTMENTS-AT-COST> 6501500
<INVESTMENTS-AT-VALUE> 6508242
<RECEIVABLES> 1157605
<ASSETS-OTHER> 136570
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 7802417
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 125049
<TOTAL-LIABILITIES> 125049
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 7693327
<SHARES-COMMON-STOCK> 210864
<SHARES-COMMON-PRIOR> 5000
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (22701)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 6742
<NET-ASSETS> 2102777
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 156424
<OTHER-INCOME> 0
<EXPENSES-NET> 12800
<NET-INVESTMENT-INCOME> 143624
<REALIZED-GAINS-CURRENT> (22701)
<APPREC-INCREASE-CURRENT> 6742
<NET-CHANGE-FROM-OPS> 127665
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 44448
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 278239
<NUMBER-OF-SHARES-REDEEMED> 74510
<SHARES-REINVESTED> 2135
<NET-CHANGE-IN-ASSETS> 7577368
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 16109
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 95520
<AVERAGE-NET-ASSETS> 1944433
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> .23
<PER-SHARE-GAIN-APPREC> (.03)
<PER-SHARE-DIVIDEND> .23
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.97
<EXPENSE-RATIO> 1.82
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<TYPE> EX-27.CLASSB
<ARTICLE> 6
<CIK> 0000872478
<NAME> ML MULTI-STATE LIMITED MATURITY MUNICIPAL SERIES TRUST
<SERIES>
<NUMBER> 3
<NAME> ARIZONA LIMITED MATURITY MUNICIPAL BOND FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JUL-31-1994
<PERIOD-START> NOV-26-1993
<PERIOD-END> JUL-31-1994
<INVESTMENTS-AT-COST> 6501500
<INVESTMENTS-AT-VALUE> 6508242
<RECEIVABLES> 1157605
<ASSETS-OTHER> 136570
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 7802417
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 125049
<TOTAL-LIABILITIES> 125049
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 7693327
<SHARES-COMMON-STOCK> 559005
<SHARES-COMMON-PRIOR> 5000
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (22701)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 6742
<NET-ASSETS> 5574591
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 156424
<OTHER-INCOME> 0
<EXPENSES-NET> 12800
<NET-INVESTMENT-INCOME> 143624
<REALIZED-GAINS-CURRENT> (22701)
<APPREC-INCREASE-CURRENT> 6742
<NET-CHANGE-FROM-OPS> 127665
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 99176
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 616984
<NUMBER-OF-SHARES-REDEEMED> 68093
<SHARES-REINVESTED> 5114
<NET-CHANGE-IN-ASSETS> 7577368
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 16109
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 95520
<AVERAGE-NET-ASSETS> 4829443
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> .20
<PER-SHARE-GAIN-APPREC> (.03)
<PER-SHARE-DIVIDEND> .20
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.97
<EXPENSE-RATIO> 2.17
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<TYPE> EX-27.CLASSA
<ARTICLE> 6
<CIK> 0000872478
<NAME> ML MULTI-STATE LIMITED MATURITY MUNICIPAL SERIES TRUST
<SERIES>
<NUMBER> 4
<NAME> CALIFORNIA LIMITED MATURITY MUNICIPAL BOND FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JUL-31-1994
<PERIOD-START> NOV-26-1993
<PERIOD-END> JUL-31-1994
<INVESTMENTS-AT-COST> 14945947
<INVESTMENTS-AT-VALUE> 14899919
<RECEIVABLES> 282749
<ASSETS-OTHER> 132007
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 15314675
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 80482
<TOTAL-LIABILITIES> 80482
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 15429698
<SHARES-COMMON-STOCK> 385000
<SHARES-COMMON-PRIOR> 5000
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (149477)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (46028)
<NET-ASSETS> 3804230
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 350659
<OTHER-INCOME> 0
<EXPENSES-NET> 28142
<NET-INVESTMENT-INCOME> 322517
<REALIZED-GAINS-CURRENT> (149477)
<APPREC-INCREASE-CURRENT> (46028)
<NET-CHANGE-FROM-OPS> 127012
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 87891
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 498638
<NUMBER-OF-SHARES-REDEEMED> 121849
<SHARES-REINVESTED> 3211
<NET-CHANGE-IN-ASSETS> 15134193
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 34377
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 140060
<AVERAGE-NET-ASSETS> 3663851
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> .24
<PER-SHARE-GAIN-APPREC> (.12)
<PER-SHARE-DIVIDEND> .24
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.88
<EXPENSE-RATIO> 1.16
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<TYPE> EX-27.CLASSB
<ARTICLE> 6
<CIK> 0000872478
<NAME> ML MULTI-STATE LIMITED MATURITY MUNICIPAL SERIES TRUST
<SERIES>
<NUMBER> 4
<NAME> CALIFORNIA LIMITED MATURITY MUNICIPAL BOND FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JUL-31-1994
<PERIOD-START> NOV-26-1993
<PERIOD-END> JUL-31-1994
<INVESTMENTS-AT-COST> 14945947
<INVESTMENTS-AT-VALUE> 14899919
<RECEIVABLES> 282749
<ASSETS-OTHER> 132007
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 15314675
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 80482
<TOTAL-LIABILITIES> 80482
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 15429698
<SHARES-COMMON-STOCK> 1156799
<SHARES-COMMON-PRIOR> 5000
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (149477)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (46028)
<NET-ASSETS> 11429963
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 350659
<OTHER-INCOME> 0
<EXPENSES-NET> 28142
<NET-INVESTMENT-INCOME> 322517
<REALIZED-GAINS-CURRENT> (149477)
<APPREC-INCREASE-CURRENT> (46028)
<NET-CHANGE-FROM-OPS> 127012
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 234626
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1286485
<NUMBER-OF-SHARES-REDEEMED> 144490
<SHARES-REINVESTED> 9784
<NET-CHANGE-IN-ASSETS> 15134193
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 34377
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 140060
<AVERAGE-NET-ASSETS> 10791770
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> .21
<PER-SHARE-GAIN-APPREC> (.12)
<PER-SHARE-DIVIDEND> .21
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.88
<EXPENSE-RATIO> 1.52
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<TYPE> EX-27.CLASSA
<ARTICLE> 6
<CIK> 0000872478
<NAME> ML MULTI-STATE LIMITED MATURITY MUNICIPAL SERIES TRUST
<SERIES>
<NUMBER> 5
<NAME> FLORIDA LIMITED MATURITY MUNICIPAL BOND FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JUL-31-1994
<PERIOD-START> NOV-26-1993
<PERIOD-END> JUL-31-1994
<INVESTMENTS-AT-COST> 32751643
<INVESTMENTS-AT-VALUE> 32684086
<RECEIVABLES> 493344
<ASSETS-OTHER> 79127
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 33256557
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 209916
<TOTAL-LIABILITIES> 209916
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 33566911
<SHARES-COMMON-STOCK> 1505660
<SHARES-COMMON-PRIOR> 5000
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (452713)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (67557)
<NET-ASSETS> 14867806
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 851172
<OTHER-INCOME> 0
<EXPENSES-NET> 47287
<NET-INVESTMENT-INCOME> 803885
<REALIZED-GAINS-CURRENT> (452713)
<APPREC-INCREASE-CURRENT> (67557)
<NET-CHANGE-FROM-OPS> 283615
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 424360
<DISTRIBUTIONS-OF-GAINS> 379525
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2423924
<NUMBER-OF-SHARES-REDEEMED> 943039
<SHARES-REINVESTED> 19775
<NET-CHANGE-IN-ASSETS> 32946641
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 83640
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 249383
<AVERAGE-NET-ASSETS> 17701755
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> .24
<PER-SHARE-GAIN-APPREC> (.13)
<PER-SHARE-DIVIDEND> .24
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.87
<EXPENSE-RATIO> .86
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<TYPE> EX-27.CLASSB
<ARTICLE> 6
<CIK> 0000872478
<NAME> ML MULTI-STATE LIMITED MATURITY MUNICIPAL SERIES TRUST
<SERIES>
<NUMBER> 5
<NAME> FLORIDA LIMITED MATURITY MUNICIPAL BOND FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JUL-31-1994
<PERIOD-START> NOV-26-1993
<PERIOD-END> JUL-31-1994
<INVESTMENTS-AT-COST> 32751643
<INVESTMENTS-AT-VALUE> 32684086
<RECEIVABLES> 493344
<ASSETS-OTHER> 79127
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 33256557
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 209916
<TOTAL-LIABILITIES> 209916
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 33566911
<SHARES-COMMON-STOCK> 1840852
<SHARES-COMMON-PRIOR> 5000
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (452713)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (67557)
<NET-ASSETS> 18178835
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 851172
<OTHER-INCOME> 0
<EXPENSES-NET> 47287
<NET-INVESTMENT-INCOME> 803885
<REALIZED-GAINS-CURRENT> (452713)
<APPREC-INCREASE-CURRENT> (67557)
<NET-CHANGE-FROM-OPS> 283615
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 379525
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2024566
<NUMBER-OF-SHARES-REDEEMED> 206696
<SHARES-REINVESTED> 17982
<NET-CHANGE-IN-ASSETS> 32946641
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 83640
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 249383
<AVERAGE-NET-ASSETS> 17469405
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> .21
<PER-SHARE-GAIN-APPREC> (.12)
<PER-SHARE-DIVIDEND> .21
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.88
<EXPENSE-RATIO> 1.23
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<TYPE> EX-27.CLASSA
<ARTICLE> 6
<CIK> 0000872478
<NAME> ML MULTI-STATE LIMITED MATURITY MUNICIPAL SERIES TRUST
<SERIES>
<NUMBER> 6
<NAME> MASSACHUSETTS LIMITED MATURITY MUNICIPAL BOND FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JUL-31-1994
<PERIOD-START> NOV-26-1993
<PERIOD-END> JUL-31-1994
<INVESTMENTS-AT-COST> 15998171
<INVESTMENTS-AT-VALUE> 15915789
<RECEIVABLES> 728669
<ASSETS-OTHER> 120402
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 16764860
<PAYABLE-FOR-SECURITIES> 475855
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 146160
<TOTAL-LIABILITIES> 622015
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 16210093
<SHARES-COMMON-STOCK> 813675
<SHARES-COMMON-PRIOR> 5000
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 15134
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (82382)
<NET-ASSETS> 8096884
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 349356
<OTHER-INCOME> 0
<EXPENSES-NET> 21403
<NET-INVESTMENT-INCOME> 327953
<REALIZED-GAINS-CURRENT> 15134
<APPREC-INCREASE-CURRENT> (82382)
<NET-CHANGE-FROM-OPS> 260705
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 151876
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 986106
<NUMBER-OF-SHARES-REDEEMED> 187582
<SHARES-REINVESTED> 10151
<NET-CHANGE-IN-ASSETS> 16042845
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 33156
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 130814
<AVERAGE-NET-ASSETS> 6050782
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> .25
<PER-SHARE-GAIN-APPREC> (.05)
<PER-SHARE-DIVIDEND> .25
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.95
<EXPENSE-RATIO> 1.17
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<TYPE> EX-27.CLASSB
<ARTICLE> 6
<CIK> 0000872478
<NAME> ML MULTI-STATE LIMITED MATURITY MUNICIPAL SERIES TRUST
<SERIES>
<NUMBER> 6
<NAME> MASSACHUSETTS LIMITED MATURITY MUNICIPAL BOND FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JUL-31-1994
<PERIOD-START> NOV-26-1993
<PERIOD-END> JUL-31-1994
<INVESTMENTS-AT-COST> 15998171
<INVESTMENTS-AT-VALUE> 15915789
<RECEIVABLES> 728669
<ASSETS-OTHER> 120402
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 16764860
<PAYABLE-FOR-SECURITIES> 475855
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 146160
<TOTAL-LIABILITIES> 622015
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 16210093
<SHARES-COMMON-STOCK> 808507
<SHARES-COMMON-PRIOR> 5000
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 15134
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (82382)
<NET-ASSETS> 8045961
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 349356
<OTHER-INCOME> 0
<EXPENSES-NET> 21403
<NET-INVESTMENT-INCOME> 327953
<REALIZED-GAINS-CURRENT> 15134
<APPREC-INCREASE-CURRENT> (82382)
<NET-CHANGE-FROM-OPS> 260705
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 176077
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 918615
<NUMBER-OF-SHARES-REDEEMED> 123885
<SHARES-REINVESTED> 8777
<NET-CHANGE-IN-ASSETS> 16042845
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 33156
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 130814
<AVERAGE-NET-ASSETS> 7891293
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> .22
<PER-SHARE-GAIN-APPREC> (.05)
<PER-SHARE-DIVIDEND> .22
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.95
<EXPENSE-RATIO> 1.54
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<TYPE> EX-27.CLASSA
<ARTICLE> 6
<CIK> 0000872478
<NAME> ML MULTI-STATE LIMITED MATURITY MUNICIPAL SERIES TRUST
<SERIES>
<NUMBER> 7
<NAME> MICHIGAN LIMITED MATURITY MUNICIPAL BOND FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JUL-31-1994
<PERIOD-START> NOV-26-1993
<PERIOD-END> JUL-31-1994
<INVESTMENTS-AT-COST> 5161281
<INVESTMENTS-AT-VALUE> 5159293
<RECEIVABLES> 125123
<ASSETS-OTHER> 670376
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 5954792
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 109170
<TOTAL-LIABILITIES> 109170
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 5896826
<SHARES-COMMON-STOCK> 346162
<SHARES-COMMON-PRIOR> 5000
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (49216)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (1988)
<NET-ASSETS> 3434929
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 140158
<OTHER-INCOME> 0
<EXPENSES-NET> 6808
<NET-INVESTMENT-INCOME> 133350
<REALIZED-GAINS-CURRENT> (49216)
<APPREC-INCREASE-CURRENT> (1988)
<NET-CHANGE-FROM-OPS> 82146
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 80245
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 401323
<NUMBER-OF-SHARES-REDEEMED> 62639
<SHARES-REINVESTED> 2478
<NET-CHANGE-IN-ASSETS> 5745622
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 13621
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 84406
<AVERAGE-NET-ASSETS> 3289082
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> .24
<PER-SHARE-GAIN-APPREC> (.08)
<PER-SHARE-DIVIDEND> .24
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.92
<EXPENSE-RATIO> 2.01
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<TYPE> EX-27.CLASSB
<ARTICLE> 6
<CIK> 0000872478
<NAME> ML MULTI-STATE LIMITED MATURITY MUNICIPAL SERIES TRUST
<SERIES>
<NUMBER> 7
<NAME> MICHIGAN LIMITED MATURITY MUNICIPAL BOND FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JUL-31-1994
<PERIOD-START> NOV-26-1993
<PERIOD-END> JUL-31-1994
<INVESTMENTS-AT-COST> 5161281
<INVESTMENTS-AT-VALUE> 5159293
<RECEIVABLES> 125123
<ASSETS-OTHER> 670376
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 5954792
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 109170
<TOTAL-LIABILITIES> 109170
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 5896826
<SHARES-COMMON-STOCK> 242948
<SHARES-COMMON-PRIOR> 5000
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (49216)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (1988)
<NET-ASSETS> 3434929
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 140158
<OTHER-INCOME> 0
<EXPENSES-NET> 6808
<NET-INVESTMENT-INCOME> 133350
<REALIZED-GAINS-CURRENT> (49216)
<APPREC-INCREASE-CURRENT> (1988)
<NET-CHANGE-FROM-OPS> 82146
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 53105
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 278617
<NUMBER-OF-SHARES-REDEEMED> 42817
<SHARES-REINVESTED> 2148
<NET-CHANGE-IN-ASSETS> 5745622
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 13621
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 84406
<AVERAGE-NET-ASSETS> 2438526
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> .22
<PER-SHARE-GAIN-APPREC> (.08)
<PER-SHARE-DIVIDEND> .22
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.92
<EXPENSE-RATIO> 2.38
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<TYPE> EX-27.CLASSA
<ARTICLE> 6
<CIK> 0000872478
<NAME> ML MULTI-STATE LIMITED MATURITY MUNICIPAL SERIES TRUST
<SERIES>
<NUMBER> 8
<NAME> NEW JERSEY LIMITED MATURITY MUNICIPAL BOND FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JUL-31-1994
<PERIOD-START> NOV-26-1993
<PERIOD-END> JUL-31-1994
<INVESTMENTS-AT-COST> 12294421
<INVESTMENTS-AT-VALUE> 12298722
<RECEIVABLES> 2290672
<ASSETS-OTHER> 66465
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 14655859
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 838013
<TOTAL-LIABILITIES> 838013
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 13903273
<SHARES-COMMON-STOCK> 596910
<SHARES-COMMON-PRIOR> 5000
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (89728)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 4301
<NET-ASSETS> 5932845
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 303431
<OTHER-INCOME> 0
<EXPENSES-NET> 19987
<NET-INVESTMENT-INCOME> 283444
<REALIZED-GAINS-CURRENT> (89728)
<APPREC-INCREASE-CURRENT> 4301
<NET-CHANGE-FROM-OPS> 198017
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 131310
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 713522
<NUMBER-OF-SHARES-REDEEMED> 125194
<SHARES-REINVESTED> 3582
<NET-CHANGE-IN-ASSETS> 13717846
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 30851
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 119421
<AVERAGE-NET-ASSETS> 5598327
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> .23
<PER-SHARE-GAIN-APPREC> (.06)
<PER-SHARE-DIVIDEND> .23
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.94
<EXPENSE-RATIO> 1.13
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<TYPE> EX-27.CLASSB
<ARTICLE> 6
<CIK> 0000872478
<NAME> ML MULTI-STATE LIMITED MATURITY MUNICIPAL SERIES TRUST
<SERIES>
<NUMBER> 8
<NAME> NEW JERSEY LIMITED MATURITY MUNICIPAL BOND FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JUL-31-1994
<PERIOD-START> NOV-26-1993
<PERIOD-END> JUL-31-1994
<INVESTMENTS-AT-COST> 12294421
<INVESTMENTS-AT-VALUE> 12298722
<RECEIVABLES> 2290672
<ASSETS-OTHER> 66465
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 14655859
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 838013
<TOTAL-LIABILITIES> 838013
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 13903273
<SHARES-COMMON-STOCK> 792848
<SHARES-COMMON-PRIOR> 5000
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (89728)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 4301
<NET-ASSETS> 7885001
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 303431
<OTHER-INCOME> 0
<EXPENSES-NET> 19987
<NET-INVESTMENT-INCOME> 283444
<REALIZED-GAINS-CURRENT> (89728)
<APPREC-INCREASE-CURRENT> 4301
<NET-CHANGE-FROM-OPS> 198017
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 152134
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 911860
<NUMBER-OF-SHARES-REDEEMED> 132821
<SHARES-REINVESTED> 8809
<NET-CHANGE-IN-ASSETS> 13717846
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 30851
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 119421
<AVERAGE-NET-ASSETS> 7374724
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> .20
<PER-SHARE-GAIN-APPREC> (.05)
<PER-SHARE-DIVIDEND> .20
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.95
<EXPENSE-RATIO> 1.52
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<TYPE> EX-27.CLASSA
<ARTICLE> 6
<CIK> 0000872478
<NAME> ML MULTI-STATE LIMITED MATURITY MUNICIPAL SERIES TRUST
<SERIES>
<NUMBER> 9
<NAME> PENNSYLVANIA LIMITED MATURITY MUNICIPAL BOND FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JUL-31-1994
<PERIOD-START> NOV-26-1993
<PERIOD-END> JUL-31-1994
<INVESTMENTS-AT-COST> 8658892
<INVESTMENTS-AT-VALUE> 8656415
<RECEIVABLES> 1846923
<ASSETS-OTHER> 95357
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 10598695
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 76378
<TOTAL-LIABILITIES> 76378
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 10587420
<SHARES-COMMON-STOCK> 99545
<SHARES-COMMON-PRIOR> 5000
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (62626)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (2477)
<NET-ASSETS> 990458
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 246945
<OTHER-INCOME> 0
<EXPENSES-NET> 24958
<NET-INVESTMENT-INCOME> 221987
<REALIZED-GAINS-CURRENT> (62626)
<APPREC-INCREASE-CURRENT> (2477)
<NET-CHANGE-FROM-OPS> 156884
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 20350
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 106856
<NUMBER-OF-SHARES-REDEEMED> 13280
<SHARES-REINVESTED> 969
<NET-CHANGE-IN-ASSETS> 10422317
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 25192
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 129389
<AVERAGE-NET-ASSETS> 866001
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> .23
<PER-SHARE-GAIN-APPREC> (.05)
<PER-SHARE-DIVIDEND> .23
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.95
<EXPENSE-RATIO> 1.48
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<TYPE> EX-27.CLASSB
<ARTICLE> 6
<CIK> 0000872478
<NAME> ML MULTI-STATE LIMITED MATURITY MUNICIPAL SERIES TRUST
<SERIES>
<NUMBER> 9
<NAME> PENNSYLVANIA LIMITED MATURITY MUNICIPAL BOND FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JUL-31-1994
<PERIOD-START> NOV-26-1993
<PERIOD-END> JUL-31-1994
<INVESTMENTS-AT-COST> 8658892
<INVESTMENTS-AT-VALUE> 8656415
<RECEIVABLES> 1846923
<ASSETS-OTHER> 95357
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 10598695
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 76378
<TOTAL-LIABILITIES> 76378
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 10587420
<SHARES-COMMON-STOCK> 958108
<SHARES-COMMON-PRIOR> 5000
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (62626)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (2477)
<NET-ASSETS> 9531859
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 246945
<OTHER-INCOME> 0
<EXPENSES-NET> 24958
<NET-INVESTMENT-INCOME> 221987
<REALIZED-GAINS-CURRENT> (62626)
<APPREC-INCREASE-CURRENT> (2477)
<NET-CHANGE-FROM-OPS> 156884
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 201637
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1067442
<NUMBER-OF-SHARES-REDEEMED> 126855
<SHARES-REINVESTED> 12521
<NET-CHANGE-IN-ASSETS> 10422317
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 25192
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 129389
<AVERAGE-NET-ASSETS> 9727505
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> .21
<PER-SHARE-GAIN-APPREC> (.05)
<PER-SHARE-DIVIDEND> .21
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.95
<EXPENSE-RATIO> 1.83
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>