<PAGE> PAGE 1
000 B000000 06/30/94
000 C000000 0000890089
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 THE MONEY MARKET PORTFOLIOS
001 B000000 811-7038
001 C000000 4153122000
002 A000000 777 MARINERS ISLAND BOULEVARD
002 B000000 SAN MATEO
002 C000000 CA
002 D010000 94404
002 D020000 1585
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007 C020100 THE MONEY MARKET PORTFOLIO
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007 C020200 THE U.S. GOV. SEC. MONEY MARKET PORTFOLIO
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007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
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010 A00AA01 FRANKLIN ADVISERS, INC.
010 B00AA01 801-26292
010 C01AA01 SAN MATEO
010 C02AA01 CA
010 C03AA01 94403
010 C04AA01 7777
011 A00AA01 FRANKLIN/TEMPLETON DISTRIBUTORS, INC.
011 B00AA01 8-5889
011 C01AA01 SAN MATEO
011 C02AA01 CA
011 C03AA01 94403
011 C04AA01 7777
012 A00AA01 FRANKLIN/TEMPLETON INVESTOR SERVICES, INC.
012 B00AA01 84-1036
<PAGE> PAGE 2
012 C01AA01 SAN MATEO
012 C02AA01 CA
012 C03AA01 94403
012 C04AA01 7777
013 A00AA01 COOPERS & LYBRAND
013 B01AA01 SAN FRANCISCO
013 B02AA01 CA
013 B03AA01 94105
013 B04AA01 9922
015 A00AA01 MORGAN GUARANTY TRUST COMPANY
015 B00AA01 C
015 C01AA01 NEW YORK
015 C02AA01 NY
015 C03AA01 10260
015 E01AA01 X
015 A00AA02 BANK OF AMERICA NT & SA
015 B00AA02 C
015 C01AA02 SAN FRANCISCO
015 C02AA02 CA
015 C03AA02 94104
015 C04AA02 1300
015 E01AA02 X
015 A00AA03 CITIBANK DELAWARE
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022 B000001 13-3224016
022 C000001 19278537
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022 A000002 DONALDSON LUFKIN & JENRETTE
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<PAGE> PAGE 3
022 A000003 NIKKO SECURITIES CO INTL INC
022 B000003 94-1302123
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022 B000004 13-3038090
022 C000004 4213200
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022 A000010 SANWA-BGK SEC CO L.P.
022 B000010 13-3154528
022 C000010 2414918
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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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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SIGNATURE KENNETH V. DOMINGUES
TITLE VP, TREAS, CFO & CAO
REPORT OF INDEPENDENT ACCOUNTANTS
To the Shareholders and Board of Trustees
of the Money Market Portfolios:
In planning and performing our audit of the financial statements
and financial highlights of the funds comprising the Money
Market Portfolios for the year ended June 30, 1994, we considered
its internal control structure, including procedures for safeguarding
securities, in order to determine our auditing procedures for the
purpose of expressing our opinion on the financial statements and
financial highlights and to comply with the requirements of Form
N-SAR, not to provide assurance on the internal control structure.
The management of the Money Market Portfolios is responsible
for establishing and maintaining an internal control structure.
In fulfilling this responsibility, estimates and judgements by
management are required to assess the expected benefits and related
costs of internal control structure policies and procedures. Two
of the objectives of an internal control structure are to provide
management with reasonable, but not absolute, assurance that assets
are safeguarded against loss from unauthorized use or disposition
and that transactions are executed in accordance with management's
authorization and recorded properly to permit preparation of
financial statements in conformity with generally accepted accounting
principles.
Because of inherent limitations in any internal control structure,
errors or irregularities may occur and not be detected. Also,
projection of any evaluation of the structure to future periods
is subject to the risk that it may become inadequate because of
changes in conditions or that the effectiveness of the design and
operation may deteriorate.
Our consideration of the internal control structure would not
necessarily disclose all matters in the internal control structure
that might be material weaknesses under standards established by
the American Institute of Certified Public Accountants. A material
weakness is a condition in which the design or operation of the
specific internal control structure elements does not reduce to a
relatively low level the risk that errors or irregularities in
amounts that would be material in relation to the financial statements
and financial highlights being audited may occur and not be detected
within a timely period by employees in the normal course of
performing their assigned functions. However, we noted no matters
involving the internal control structure, including procedures for
safeguarding securities, that we consider to be material weaknesses,
as defined above, as of June 30, 1994.
This report is intended solely for the information and use of
management of the Money Market Portfolios and the Securities
and Exchange Commission.
S\COOPERS & LYBRAND
Coopers & Lybrand L.L.P.
San Francisco, California
August 3, 1994
NSAR\TMMP-77Q.DOC August 3, 1994
NAME OF REGISTRANT: The Money Market Portfolios
File No. 811-7038
EXHIBIT ITEM No. 77Q1(a): Copies of any material amendments
to the registrant's charter or by- laws.
At a meeting of the Board of Trustees of the registrant on April
19, 1994, the Board approved the following preamble and
resolutions:
WHEREAS, the Board of Trustees has determined that it
is advisable and in the best interests of the
shareholders of the Trust to revise the Trust's By-Laws
to specifically provide for the use of proxies which
are communicated by an electronic, telephonic,
computerized or telecommunications method;
NOW THEREFORE, BE IT RESOLVED, that Section 10 of
Article II is hereby resolved to read as follows:
"Section 10. PROXIES. Every person
entitled to vote for Trustees or on any other
matter shall have the right to do so either
in person or by one or more agents. Except
as otherwise provided in the Agreement and
Declaration of Trust or these By-Laws,
matters relating to the giving, voting or
validity of proxies will be governed by the
Delaware General Corporation Law relating to
proxies, and Delaware judicial
interpretations thereunder, as if the Trust
were a Delaware corporation and Shareholders
of the Trust were shareholders of a Delaware
corporation."
