MONEY MARKET PORTFOLIOS
NSAR-A, 1997-02-25
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<PAGE>      PAGE  1
000 A000000 12/31/96
000 C000000 0000890089
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 U
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 94403
002 D020000 7777
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  2
007 C010100  1
007 C020100 THE MONEY MARKET PORTFOLIO
007 C030100 N
007 C010200  2
007 C020200 THE U.S. GOV. SEC. MONEY MARKET PORTFOLIO
007 C030200 N
007 C010300  3
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
008 A00AA01 FRANKLIN ADVISERS, INC.
008 B00AA01 A
008 C00AA01 801-26292
008 D01AA01 SAN MATEO
008 D02AA01 CA
008 D03AA01 94403
008 D04AA01 7777
012 A00AA01 FRANKLIN/TEMPLETON INVESTOR SERVICES, INC.
012 B00AA01 84-1036
012 C01AA01 SAN MATEO
012 C02AA01 CA
012 C03AA01 94403
012 C04AA01 7777
013 A00AA01 COOPERS & LYBRAND L.L.P.
<PAGE>      PAGE  2
013 B01AA01 SAN FRANCISCO
013 B02AA01 CA
013 B03AA01 94105
013 B04AA01 2119
015 A00AA01 MORGAN GUARANTY TRUST COMPANY
015 B00AA01 C
015 C01AA01 NEW YORK
015 C02AA01 NY
015 C03AA01 10260
015 C04AA01 0023
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 1502
015 E01AA02 X
015 A00AA03 CITIBANK DELAWARE
015 B00AA03 C
015 C01AA03 NEW CASTLE
015 C02AA03 DE
015 C03AA03 19720
015 C04AA03 2409
015 E01AA03 X
015 A00AA04 BANK OF NEW YORK
015 B00AA04 C
015 C01AA04 NEW YORK
015 C02AA04 NY
015 C03AA04 10286
015 E01AA04 X
018  00AA00 Y
019 A00AA00 Y
019 B00AA00  212
019 C00AA00 FRNKTEMGRP
020 C000001      0
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        0
022 A000001 MORGAN STANLEY & CO INC
022 B000001 13-2655998
022 C000001  18329523
022 D000001     19929
022 A000002 MORGAN (J P ) SECURITIES INC
<PAGE>      PAGE  3
022 B000002 13-3224016
022 C000002  18149085
022 D000002         0
022 A000003 UBS SECURITIES, L.L.C.
022 B000003 13-2932996
022 C000003   5402000
022 D000003         0
022 A000004 BEAR, STEARNS & CO INC
022 B000004 13-3299429
022 C000004   4841200
022 D000004         0
022 A000005 BANKERS TRUST CO
022 B000005 13-4941247
022 C000005   4263667
022 D000005         0
022 A000006 SWISS BANK CORP INV BANK
022 B000006 13-2639550
022 C000006   4180200
022 D000006         0
022 A000007 BANK OF AMERICA, NT & SA
022 B000007 94-1687665
022 C000007   2792040
022 D000007         0
022 A000008 AUBREY LANSTON & COMPANY
022 B000008 13-5552129
022 C000008   2453500
022 D000008         0
022 A000009 CIBC WOOD GUNDY SEC CORP
022 B000009 13-3639028
022 C000009   2006200
022 D000009         0
022 A000010 CITICORP
022 B000010 13-3187336
022 C000010   1555601
022 D000010         0
023 C000000   67191556
023 D000000      94574
024  00AA00 N
025 D00AA01       0
025 D00AA02       0
025 D00AA03       0
025 D00AA04       0
025 D00AA05       0
025 D00AA06       0
025 D00AA07       0
025 D00AA08       0
026 A000000 Y
026 B000000 Y
026 C000000 Y
026 D000000 Y
026 E000000 N
<PAGE>      PAGE  4
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027  000000 Y
029  00AA00 N
030 A00AA00      0
030 B00AA00  0.00
030 C00AA00  0.00
031 A00AA00      0
031 B00AA00      0
032  00AA00      0
033  00AA00      0
034  00AA00 N
035  00AA00      0
036 B00AA00      0
037  00AA00 N
038  00AA00      0
039  00AA00 N
040  00AA00 N
042 A00AA00   0
042 B00AA00   0
042 C00AA00   0
042 D00AA00   0
042 E00AA00   0
042 F00AA00   0
042 G00AA00   0
042 H00AA00   0
043  00AA00      0
044  00AA00      0
045  00AA00 Y
046  00AA00 N
047  00AA00 Y
048  00AA00  0.150
048 A01AA00        0
048 A02AA00 0.000
048 B01AA00        0
048 B02AA00 0.000
048 C01AA00        0
048 C02AA00 0.000
048 D01AA00        0
048 D02AA00 0.000
048 E01AA00        0
048 E02AA00 0.000
048 F01AA00        0
048 F02AA00 0.000
048 G01AA00        0
048 G02AA00 0.000
048 H01AA00        0
048 H02AA00 0.000
048 I01AA00        0
<PAGE>      PAGE  5
048 I02AA00 0.000
048 J01AA00        0
048 J02AA00 0.000
048 K01AA00        0
048 K02AA00 0.000
049  00AA00 N
050  00AA00 N
051  00AA00 N
052  00AA00 N
053 A00AA00 Y
053 B00AA00 Y
053 C00AA00 N
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 Y
054 D00AA00 Y
054 E00AA00 Y
054 F00AA00 Y
054 G00AA00 Y
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 Y
054 L00AA00 Y
054 M00AA00 Y
054 N00AA00 Y
054 O00AA00 Y
058 A00AA00 N
059  00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061  00AA00  5000000
077 A000000 N
078  000000 N
080 C00AA00        0
081 B00AA00   0
082 B00AA00        0
083 B00AA00        0
084 B00AA00        0
086 A010000      0
086 A020000      0
086 B010000      0
086 B020000      0
086 C010000      0
086 C020000      0
086 D010000      0
086 D020000      0
086 E010000      0
086 E020000      0
086 F010000      0
086 F020000      0
<PAGE>      PAGE  6
028 A010100    247284
028 A020100      6988
028 A030100         0
028 A040100    203797
028 B010100    210335
028 B020100      7237
028 B030100         0
028 B040100    191477
028 C010100    327856
028 C020100      7171
028 C030100         0
028 C040100    220531
028 D010100    694454
028 D020100      8257
028 D030100         0
028 D040100    896620
028 E010100    163188
028 E020100      7013
028 E030100         0
028 E040100    195682
028 F010100    232251
028 F020100      7143
028 F030100         0
028 F040100    229187
028 G010100   1875368
028 G020100     43809
028 G030100         0
028 G040100   1937294
028 H000100         0
055 A000100 N
055 B000100 N
056  000100 N
057  000100 N
062 A000100 Y
062 B000100   0.0
062 C000100   0.0
062 D000100  14.1
062 E000100   0.0
062 F000100  35.7
062 G000100   0.0
062 H000100   0.0
062 I000100  49.8
062 J000100   0.0
062 K000100   0.0
062 L000100   0.0
062 M000100   0.0
062 N000100   0.0
062 O000100   0.0
062 P000100   0.0
062 Q000100   0.0
062 R000100   0.0
<PAGE>      PAGE  7
063 A000100  48
063 B000100  0.0
064 A000100 N
064 B000100 N
066 A000100 N
067  000100 N
068 A000100 N
068 B000100 N
069  000100 N
070 A010100 Y
070 A020100 Y
070 B010100 N
070 B020100 N
070 C010100 N
070 C020100 N
070 D010100 N
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 N
070 F020100 N
070 G010100 N
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 N
070 J020100 N
070 K010100 Y
070 K020100 N
070 L010100 N
070 L020100 N
070 M010100 N
070 M020100 N
070 N010100 Y
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 Y
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100         0
071 B000100         0
071 C000100         0
071 D000100    0
072 A000100  6
072 B000100    45036
<PAGE>      PAGE  8
072 C000100        0
072 D000100        0
072 E000100        0
072 F000100     1236
072 G000100        0
072 H000100        0
072 I000100        0
072 J000100       12
072 K000100       20
072 L000100        5
072 M000100        6
072 N000100        0
072 O000100        0
072 P000100        0
072 Q000100        0
072 R000100       18
072 S000100        4
072 T000100        0
072 U000100        0
072 V000100        0
072 W000100        1
072 X000100     1302
072 Y000100       75
072 Z000100    43809
072AA000100        0
072BB000100        0
072CC010100        0
072CC020100        0
072DD010100    43809
072DD020100        0
072EE000100        0
073 A010100   0.0300
073 A020100   0.0000
073 B000100   0.0000
073 C000100   0.0000
074 A000100      668
074 B000100   215875
074 C000100  1309648
074 D000100        0
074 E000100        0
074 F000100        0
074 G000100        0
074 H000100        0
074 I000100        0
074 J000100        0
074 K000100        0
074 L000100     5975
074 M000100        0
074 N000100  1532166
074 O000100        0
074 P000100      187
<PAGE>      PAGE  9
074 Q000100        0
074 R010100        0
074 R020100        0
074 R030100        0
074 R040100      775
074 S000100        0
074 T000100  1531204
074 U010100  1531204
074 U020100        0
074 V010100     1.00
074 V020100     0.00
074 W000100   0.9997
074 X000100        4
074 Y000100        0
075 A000100  1635430
075 B000100        0
076  000100     0.00
028 A010200     62917
028 A020200      1266
028 A030200         0
028 A040200     75855
028 B010200     50581
028 B020200      1124
028 B030200         0
028 B040200     68771
028 C010200     95284
028 C020200      1170
028 C030200         0
028 C040200     99164
028 D010200    124152
028 D020200      1227
028 D030200         0
028 D040200     89744
028 E010200     60962
028 E020200      1159
028 E030200         0
028 E040200     93750
028 F010200    154088
028 F020200      1263
028 F030200         0
028 F040200    145469
028 G010200    547984
028 G020200      7209
028 G030200         0
028 G040200    572753
028 H000200         0
055 A000200 N
055 B000200 N
056  000200 N
057  000200 N
062 A000200 Y
<PAGE>      PAGE  10
062 B000200  14.7
062 C000200   0.0
062 D000200  85.4
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
063 A000200  15
063 B000200  0.0
064 A000200 N
064 B000200 N
066 A000200 N
067  000200 N
068 A000200 N
068 B000200 N
069  000200 N
070 A010200 Y
070 A020200 Y
070 B010200 N
070 B020200 N
070 C010200 N
070 C020200 N
070 D010200 N
070 D020200 N
070 E010200 N
070 E020200 N
070 F010200 N
070 F020200 N
070 G010200 N
070 G020200 N
070 H010200 N
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 N
070 J020200 N
070 K010200 Y
070 K020200 N
070 L010200 N
070 L020200 N
070 M010200 N
<PAGE>      PAGE  11
070 M020200 N
070 N010200 Y
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 Y
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200         0
071 B000200         0
071 C000200         0
071 D000200    0
072 A000200  6
072 B000200     7411
072 C000200        0
072 D000200        0
072 E000200        0
072 F000200      208
072 G000200        0
072 H000200        0
072 I000200        0
072 J000200        2
072 K000200        3
072 L000200        2
072 M000200        1
072 N000200        0
072 O000200        0
072 P000200        0
072 Q000200        0
072 R000200        4
072 S000200        1
072 T000200        0
072 U000200        0
072 V000200        0
072 W000200       13
072 X000200      234
072 Y000200       28
072 Z000200     7205
072AA000200        3
072BB000200        0
072CC010200        0
072CC020200        0
072DD010200     7205
072DD020200        0
072EE000200        3
073 A010200   0.0270
073 A020200   0.0000
073 B000200   0.0000
<PAGE>      PAGE  12
073 C000200   0.0000
074 A000200        8
074 B000200   228575
074 C000200    39497
074 D000200        0
074 E000200        0
074 F000200        0
074 G000200        0
074 H000200        0
074 I000200        0
074 J000200        0
074 K000200        0
074 L000200       41
074 M000200        0
074 N000200   268121
074 O000200      346
074 P000200       11
074 Q000200        0
074 R010200        0
074 R020200        0
074 R030200        0
074 R040200       11
074 S000200        0
074 T000200   267753
074 U010200   267753
074 U020200        0
074 V010200     1.00
074 V020200     0.00
074 W000200   1.0000
074 X000200        2
074 Y000200        0
075 A000200   275461
075 B000200        0
076  000200     0.00
SIGNATURE   KIMBERLEY MONASTERIO                         
TITLE       ASST TREASURER      
 


<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
MONEY MARKET PORTFOLIOS DECEMBER 31, 1996 SEMI-ANNUAL REPORT AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
   <NUMBER> 1
   <NAME> THE MONEY MARKET PORTFOLIO
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUN-30-1997
<PERIOD-END>                               DEC-31-1996
<INVESTMENTS-AT-COST>                    1,309,647,699
<INVESTMENTS-AT-VALUE>                   1,309,647,699
<RECEIVABLES>                              221,849,682
<ASSETS-OTHER>                                 668,468
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                           1,532,165,849
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      961,886
<TOTAL-LIABILITIES>                            961,886
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                 1,531,203,963
<SHARES-COMMON-STOCK>                    1,531,203,963
<SHARES-COMMON-PRIOR>                    1,550,085,247
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                             1,531,203,963
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                           45,035,668
<OTHER-INCOME>                                       0
<EXPENSES-NET>                             (1,226,860)
<NET-INVESTMENT-INCOME>                     43,808,808
<REALIZED-GAINS-CURRENT>                           230
<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                       43,809,038
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                 (43,809,038)
<DISTRIBUTIONS-OF-GAINS>                             0 
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                  1,875,368,178
<NUMBER-OF-SHARES-REDEEMED>            (1,938,059,534)
<SHARES-REINVESTED>                         43,810,072
<NET-CHANGE-IN-ASSETS>                    (18,881,284)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        1,235,945
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              1,302,166
<AVERAGE-NET-ASSETS>                     1,635,429,663
<PER-SHARE-NAV-BEGIN>                            1.000
<PER-SHARE-NII>                                   .030
<PER-SHARE-GAIN-APPREC>                              0
<PER-SHARE-DIVIDEND>                            (.030)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              1.000
<EXPENSE-RATIO>                                   .150
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
MONEY MARKET PORTFOLIOS DECEMBER 31, 1996 SEMI-ANNUAL REPORT AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
   <NUMBER> 2
   <NAME> US GOVERNMENT SECURITIES MONEY MARKET PORTFOLIO
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUN-30-1997
<PERIOD-END>                               DEC-31-1996
<INVESTMENTS-AT-COST>                       39,497,317
<INVESTMENTS-AT-VALUE>                      39,497,317
<RECEIVABLES>                              228,616,181
<ASSETS-OTHER>                                   7,545
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             268,121,043
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      368,035
<TOTAL-LIABILITIES>                            368,035
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   267,753,008
<SHARES-COMMON-STOCK>                      267,753,008
<SHARES-COMMON-PRIOR>                      285,701,104
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                               267,753,008
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                            7,410,912
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               (206,392)
<NET-INVESTMENT-INCOME>                      7,204,520
<REALIZED-GAINS-CURRENT>                         3,533
<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                        7,208,053
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                  (7,208,053)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                    547,941,786
<NUMBER-OF-SHARES-REDEEMED>              (573,098,530)
<SHARES-REINVESTED>                          7,208,648
<NET-CHANGE-IN-ASSETS>                     (17,948,096)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          208,325
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                234,344
<AVERAGE-NET-ASSETS>                       275,460,634
<PER-SHARE-NAV-BEGIN>                            1.000
<PER-SHARE-NII>                                   .027
<PER-SHARE-GAIN-APPREC>                              0
<PER-SHARE-DIVIDEND>                            (.027)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              1.000
<EXPENSE-RATIO>                                   .150
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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