PENNSYLVANIA DAILY MUNICIPAL INCOME FUND INC
NSAR-A/A, 1999-07-28
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000 A000000 05/31/99
000 C000000 888130
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 PENNSYLVANIA DAILY MUNICIPAL INCOME FUND
001 B000000 811-6681
001 C000000 2128305200
002 A000000 600 FIFTH AVENUE
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10020
002 D020000 2302
003  000000 N
004  000000 N
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007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
008 A000001 REICH & TANG ASSET MANAGEMENT L.P.
008 B000001 A
008 C000001 801-47230
008 D010001 NEW YORK
008 D020001 NY
008 D030001 10020
008 D040001 2302
011 A000001 REICH & TANG DISTRIBUTORS, INC.
011 B000001 8-43429
011 C010001 NEW YORK
011 C020001 NY
011 C030001 10020
011 C040001 2302
012 A000001 REICH & TANG SERVICES, INC.
012 B000001 84-2007
012 C010001 NEW YORK
012 C020001 NY
012 C030001 10020
012 C040001 2302
013 A000001 MCGLADREY & PULLEN, LLP
013 B010001 NEW YORK
013 B020001 NY
013 B030001 10017
015 A000001 INVESTORS FIDUCIARY TRUST COMPANY
015 B000001 C
015 C010001 KANSAS CITY
015 C020001 MO
015 C030001 64105
015 E010001 X
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019 C000000 REICHTANGI
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021  000000        0
022 A000001 GOLDMAN SACHS & CO.
022 B000001 13-5108880
022 C000001      9200
022 D000001         0
022 A000002 MORGAN (J.P.) SECURITIES INC.
022 B000002 13-3224016
022 C000002      4300
022 D000002      4200
022 A000003 PNC SECURITIES CORP.
022 B000003 25-1471636
022 C000003      2700
022 D000003      2300
022 A000004 MERRILL, LYNCH, PIERCE, FENNER & SMITH, INC.
022 B000004 13-5674085
022 C000004      1850
022 D000004      1600
022 A000005 SALOMON SMITH BARNEY INC.
022 B000005 11-2418191
022 C000005      2800
022 D000005         0
022 A000006 FIRST UNION BROKERAGE SERVICES, INC.
022 B000006 56-1252143
022 C000006      1835
022 D000006         0
022 A000007 FIRST CHICAGO CAPITAL MARKETS, INC.
022 B000007 36-3595942
022 C000007       500
022 D000007       700
022 A000008 HOPPER SOLIDAY & CO., INC.
022 B000008 23-2474301
022 C000008       600
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SIGNATURE   BERNADETTE N. FINN
TITLE       SECRETARY


<TABLE> <S> <C>

<ARTICLE>           6
<LEGEND>            The  schedule   contains   summary   financial   information
                    extracted  from  the  financial  statements  and  supporting
                    schedules  as of the end of the most  current  period and is
                    qualified in its  entirety by  reference  to such  financial
                    statements.
</LEGEND>
<CIK>               0000888130
<NAME>              Pennsylvania Daily Municipal Income Fund
<SERIES>
<NUMBER>            1
<NAME>              Class B

<S>                               <C>
<FISCAL-YEAR-END>             NOV-30-1999
<PERIOD-START>                DEC-01-1998
<PERIOD-END>                  JUN-01-1999
<PERIOD-TYPE>                 6-mos
<INVESTMENTS-AT-COST>         14596533
<INVESTMENTS-AT-VALUE>        14596533
<RECEIVABLES>                 131253
<ASSETS-OTHER>                0
<OTHER-ITEMS-ASSETS>          99547
<TOTAL-ASSETS>                14827333
<PAYABLE-FOR-SECURITIES>      0
<SENIOR-LONG-TERM-DEBT>       0
<OTHER-ITEMS-LIABILITIES>     43579
<TOTAL-LIABILITIES>           43579
<SENIOR-EQUITY>               0
<PAID-IN-CAPITAL-COMMON>      14785247
<SHARES-COMMON-STOCK>         14785247
<SHARES-COMMON-PRIOR>         13807352
<ACCUMULATED-NII-CURRENT>     0
<OVERDISTRIBUTION-NII>        0
<ACCUMULATED-NET-GAINS>       (1493)
<OVERDISTRIBUTION-GAINS>      0
<ACCUM-APPREC-OR-DEPREC>      0
<NET-ASSETS>                  14783754
<DIVIDEND-INCOME>             0
<INTEREST-INCOME>             242728
<OTHER-INCOME>                0
<EXPENSES-NET>                52091
<NET-INVESTMENT-INCOME>       190637
<REALIZED-GAINS-CURRENT>      0
<APPREC-INCREASE-CURRENT>     0
<NET-CHANGE-FROM-OPS>         190637
<EQUALIZATION>                0
<DISTRIBUTIONS-OF-INCOME>     190637
<DISTRIBUTIONS-OF-GAINS>      0
<DISTRIBUTIONS-OTHER>         0
<NUMBER-OF-SHARES-SOLD>       19027584
<NUMBER-OF-SHARES-REDEEMED>   18195953
<SHARES-REINVESTED>           146264
<NET-CHANGE-IN-ASSETS>        977895
<ACCUMULATED-NII-PRIOR>       0
<ACCUMULATED-GAINS-PRIOR>     (1493)
<OVERDISTRIB-NII-PRIOR>       0
<OVERDIST-NET-GAINS-PRIOR>    0
<GROSS-ADVISORY-FEES>         30552
<INTEREST-EXPENSE>            0
<GROSS-EXPENSE>               131723
<AVERAGE-NET-ASSETS>          15318021
<PER-SHARE-NAV-BEGIN>         1.00
<PER-SHARE-NII>               .01
<PER-SHARE-GAIN-APPREC>       0
<PER-SHARE-DIVIDEND>          .01
<PER-SHARE-DISTRIBUTIONS>     0
<RETURNS-OF-CAPITAL>          0
<PER-SHARE-NAV-END>           1.00
<EXPENSE-RATIO>               .70



</TABLE>

<TABLE> <S> <C>

<ARTICLE>           6
<LEGEND>            The  schedule   contains   summary   financial   information
                    extracted  from  the  financial  statements  and  supporting
                    schedules  as of the end of the most  current  period and is
                    qualified in its  entirety by  reference  to such  financial
                    statements.
</LEGEND>
<CIK>               0000888130
<NAME>              Pennsylvania Daily Municipal Income Fund
<SERIES>
<NUMBER>            2
<NAME>              Class B

<S>                               <C>
<FISCAL-YEAR-END>             NOV-30-1999
<PERIOD-START>                DEC-01-1998
<PERIOD-END>                  JUN-01-1999
<PERIOD-TYPE>                 6-mos
<INVESTMENTS-AT-COST>         14596533
<INVESTMENTS-AT-VALUE>        14596533
<RECEIVABLES>                 131253
<ASSETS-OTHER>                0
<OTHER-ITEMS-ASSETS>          99547
<TOTAL-ASSETS>                14827333
<PAYABLE-FOR-SECURITIES>      0
<SENIOR-LONG-TERM-DEBT>       0
<OTHER-ITEMS-LIABILITIES>     43579
<TOTAL-LIABILITIES>           43579
<SENIOR-EQUITY>               0
<PAID-IN-CAPITAL-COMMON>      14785247
<SHARES-COMMON-STOCK>         14785247
<SHARES-COMMON-PRIOR>         13807352
<ACCUMULATED-NII-CURRENT>     0
<OVERDISTRIBUTION-NII>        0
<ACCUMULATED-NET-GAINS>       (1493)
<OVERDISTRIBUTION-GAINS>      0
<ACCUM-APPREC-OR-DEPREC>      0
<NET-ASSETS>                  14783754
<DIVIDEND-INCOME>             0
<INTEREST-INCOME>             242728
<OTHER-INCOME>                0
<EXPENSES-NET>                52091
<NET-INVESTMENT-INCOME>       190637
<REALIZED-GAINS-CURRENT>      0
<APPREC-INCREASE-CURRENT>     0
<NET-CHANGE-FROM-OPS>         190637
<EQUALIZATION>                0
<DISTRIBUTIONS-OF-INCOME>     190637
<DISTRIBUTIONS-OF-GAINS>      0
<DISTRIBUTIONS-OTHER>         0
<NUMBER-OF-SHARES-SOLD>       19027584
<NUMBER-OF-SHARES-REDEEMED>   18195953
<SHARES-REINVESTED>           146264
<NET-CHANGE-IN-ASSETS>        977895
<ACCUMULATED-NII-PRIOR>       0
<ACCUMULATED-GAINS-PRIOR>     (1493)
<OVERDISTRIB-NII-PRIOR>       0
<OVERDIST-NET-GAINS-PRIOR>    0
<GROSS-ADVISORY-FEES>         30552
<INTEREST-EXPENSE>            0
<GROSS-EXPENSE>               131723
<AVERAGE-NET-ASSETS>          15318021
<PER-SHARE-NAV-BEGIN>         1.00
<PER-SHARE-NII>               .01
<PER-SHARE-GAIN-APPREC>       0
<PER-SHARE-DIVIDEND>          .01
<PER-SHARE-DISTRIBUTIONS>     0
<RETURNS-OF-CAPITAL>          0
<PER-SHARE-NAV-END>           1.00
<EXPENSE-RATIO>               .45



</TABLE>


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