MONTANA TAX FREE FUND INC
NSAR-B, 1996-02-22
Previous: CORT BUSINESS SERVICES CORP, SC 13G/A, 1996-02-22
Next: HANCOCK JOHN MUTUAL VARIABLE LIFE INSURANCE ACCOUNT UV, 24F-2NT, 1996-02-22



<PAGE>      PAGE  1
000 B000000 12/31/95
000 C000000 0000906223
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 MONTANA TAX-FREE FUND, INC.
001 B000000 811-7738
001 C000000 7018525292
002 A000000 201 SOUTH BROADWAY
002 B000000 MINOT
002 C000000 ND
002 D010000 58701
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 N
007 B000000  0
007 C010100  1
007 C010200  2
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 A000001 ND MONEY MANAGEMENT, INC.
008 B000001 A
008 C000001 801-33131
008 D010001 MINOT
008 D020001 ND
008 D030001 58701
011 A000001 ND CAPITAL, INC.
011 B000001 8-40329
011 C010001 MINOT
011 C020001 ND
011 C030001 58701
012 A000001 ND RESOURCES, INC.
012 B000001 84-5441
012 C010001 MINOT
012 C020001 ND
012 C030001 58701
013 A000001 BRADY MARTZ & ASSOCIATES, PC
013 B010001 MINOT
013 B020001 ND
<PAGE>      PAGE  2
013 B030001 58701
014 A000001 ND CAPITAL, INC.
014 B000001 8-40329
015 A000001 FIRST WESTERN BANK & TRUST
015 B000001 C
015 C010001 MINOT
015 C020001 ND
015 C030001 58701
015 E010001 X
018  000000 Y
019 A000000 Y
019 B000000    5
019 C000000 INTEGRITYM
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 PIPER JAFFRAY,INC..
022 B000001 41-0953246
022 C000001      2444
022 D000001       383
022 A000002 DAIN BOSWORTH, INC.
022 B000002 41-0212020
022 C000002      1775
022 D000002         0
022 A000003 PAINE WEBBER, INC.
022 B000003 61-2156109
022 C000003      1390
022 D000003         0
022 A000004 D.A. DAVIDSON & CO.
022 C000004      1031
022 D000004       252
022 A000005 SMITH BARNEY HARRIS UPHAM & CO.
022 C000005      1250
022 D000005         0
022 A000006 NUVEEN (JOHN) & CO.
022 C000006      1006
022 D000006         0
022 A000007 CRONIN & CO.
022 C000007       804
022 D000007         0
022 A000008 PRUDENTIAL SECURITIES, INC.
022 C000008       506
022 D000008         0
<PAGE>      PAGE  3
022 A000009 SEATTLE NORTHWEST SECS. CORP.
022 B000009 41-1172183
022 C000009         0
022 D000009       296
022 A000010 DEAN WITTER REYNOLDS
022 C000010         0
022 D000010       236
023 C000000      10439
023 D000000       1167
024  000000 N
025 D000001       0
025 D000002       0
025 D000003       0
025 D000004       0
025 D000005       0
025 D000006       0
025 D000007       0
025 D000008       0
026 A000000 Y
026 B000000 Y
026 C000000 Y
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027  000000 Y
028 A010000      1344
028 A020000        55
028 A030000         0
028 A040000        43
028 B010000      1274
028 B020000        60
028 B030000         0
028 B040000        28
028 C010000       639
028 C020000        57
028 C030000         0
028 C040000        55
028 D010000      1343
028 D020000        68
028 D030000         0
028 D040000         4
028 E010000       600
028 E020000        65
028 E030000         0
028 E040000         8
028 F010000       573
028 F020000        67
028 F030000         0
<PAGE>      PAGE  4
028 F040000        18
028 G010000      5773
028 G020000       372
028 G030000         0
028 G040000       156
028 H000000         0
029  000000 N
030 A000000      0
030 B000000  0.00
030 C000000  0.00
031 A000000      0
031 B000000      0
032  000000      0
033  000000      0
034  000000 Y
035  000000     11
036 A000000 N
036 B000000      0
037  000000 N
038  000000      0
039  000000 N
040  000000 Y
041  000000 Y
042 A000000   0
042 B000000   0
042 C000000 100
042 D000000   0
042 E000000   0
042 F000000   0
042 G000000   0
042 H000000   0
043  000000     44
044  000000      0
045  000000 Y
046  000000 N
047  000000 Y
048  000000  0.600
048 A010000        0
048 A020000 0.000
048 B010000        0
048 B020000 0.000
048 C010000        0
048 C020000 0.000
048 D010000        0
048 D020000 0.000
048 E010000        0
048 E020000 0.000
048 F010000        0
048 F020000 0.000
048 G010000        0
048 G020000 0.000
<PAGE>      PAGE  5
048 H010000        0
048 H020000 0.000
048 I010000        0
048 I020000 0.000
048 J010000        0
048 J020000 0.000
048 K010000        0
048 K020000 0.000
049  000000 N
050  000000 N
051  000000 N
052  000000 N
053 A000000 Y
053 B000000 Y
053 C000000 N
054 A000000 Y
054 B000000 Y
054 C000000 N
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 N
054 H000000 Y
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 N
054 M000000 Y
054 N000000 N
054 O000000 N
055 A000000 N
055 B000000 N
056  000000 N
057  000000 N
058 A000000 N
059  000000 Y
060 A000000 N
060 B000000 N
061  000000     1000
062 A000000 Y
062 B000000   0.0
062 C000000   0.0
062 D000000   0.0
062 E000000   0.0
062 F000000   0.0
062 G000000   0.0
062 H000000   0.0
062 I000000   0.0
062 J000000   0.0
062 K000000   0.0
062 L000000   0.0
<PAGE>      PAGE  6
062 M000000   0.0
062 N000000   0.0
062 O000000  93.7
062 P000000   0.0
062 Q000000   0.0
062 R000000   5.7
063 A000000   0
063 B000000 22.7
064 A000000 Y
064 B000000 N
066 A000000 N
067  000000 N
068 A000000 N
068 B000000 N
069  000000 N
070 A010000 Y
070 A020000 N
070 B010000 N
070 B020000 N
070 C010000 Y
070 C020000 N
070 D010000 N
070 D020000 N
070 E010000 Y
070 E020000 Y
070 F010000 N
070 F020000 N
070 G010000 Y
070 G020000 Y
070 H010000 N
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 N
070 K010000 Y
070 K020000 Y
070 L010000 N
070 L020000 N
070 M010000 N
070 M020000 N
070 N010000 Y
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 Y
070 P020000 N
070 Q010000 Y
070 Q020000 N
070 R010000 Y
070 R020000 N
<PAGE>      PAGE  7
071 A000000     10439
071 B000000      1236
071 C000000     16725
071 D000000    7
072 A000000 12
072 B000000      984
072 C000000       45
072 D000000        0
072 E000000        0
072 F000000      106
072 G000000        2
072 H000000        0
072 I000000       27
072 J000000        5
072 K000000        3
072 L000000       15
072 M000000        0
072 N000000        6
072 O000000        0
072 P000000        0
072 Q000000        0
072 R000000        5
072 S000000        0
072 T000000       44
072 U000000        3
072 V000000        0
072 W000000        2
072 X000000      218
072 Y000000      100
072 Z000000      911
072AA000000        0
072BB000000      714
072CC010000     1845
072CC020000        0
072DD010000      911
072DD020000        0
072EE000000        0
073 A010000   0.5065
073 A020000   0.0000
073 B000000   0.0000
073 C000000   0.0237
074 A000000        0
074 B000000        0
074 C000000        0
074 D000000    23555
074 E000000        0
074 F000000        0
074 G000000        0
074 H000000        0
074 I000000      367
074 J000000        0
<PAGE>      PAGE  8
074 K000000        0
074 L000000      264
074 M000000        9
074 N000000    24195
074 O000000        0
074 P000000        0
074 Q000000        0
074 R010000        0
074 R020000        0
074 R030000        0
074 R040000      139
074 S000000        0
074 T000000    24056
074 U010000     2396
074 U020000        0
074 V010000    10.04
074 V020000     0.00
074 W000000   0.0000
074 X000000      924
074 Y000000      657
075 A000000        0
075 B000000    17830
076  000000     0.00
077 A000000 Y
077 B000000 Y
078  000000 N
080 A000000 ICI MUTUAL INSURANCE COMPANY
080 C000000     1075
081 A000000 Y
081 B000000   5
082 A000000 Y
082 B000000       10
083 A000000 N
083 B000000        0
084 A000000 N
084 B000000        0
085 A000000 Y
085 B000000 N
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  9
SIGNATURE   JACQUELINE L. PICKEN                         
TITLE       CORPORATE SECRETARY 
 


<TABLE> <S> <C>

<ARTICLE> 6
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               DEC-31-1995
<INVESTMENTS-AT-COST>                         22794377
<INVESTMENTS-AT-VALUE>                        23922362
<RECEIVABLES>                                   263710
<ASSETS-OTHER>                                    8523
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                24194595
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       139206
<TOTAL-LIABILITIES>                             139206
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                             0
<SHARES-COMMON-STOCK>                          2395706
<SHARES-COMMON-PRIOR>                          1272951
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       (772689)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       1127985
<NET-ASSETS>                                  24055389
<DIVIDEND-INCOME>                                45099
<INTEREST-INCOME>                               983989
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  118438
<NET-INVESTMENT-INCOME>                         910650
<REALIZED-GAINS-CURRENT>                      (714078)
<APPREC-INCREASE-CURRENT>                      1845230
<NET-CHANGE-FROM-OPS>                          2041802
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       910650
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                            42685
<NUMBER-OF-SHARES-SOLD>                        1093033
<NUMBER-OF-SHARES-REDEEMED>                      31894
<SHARES-REINVESTED>                              61616
<NET-CHANGE-IN-ASSETS>                        12099562
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           106401
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 218195
<AVERAGE-NET-ASSETS>                          17830529
<PER-SHARE-NAV-BEGIN>                             9.39
<PER-SHARE-NII>                                    .51
<PER-SHARE-GAIN-APPREC>                            .67
<PER-SHARE-DIVIDEND>                               .51
<PER-SHARE-DISTRIBUTIONS>                          .00
<RETURNS-OF-CAPITAL>                               .02
<PER-SHARE-NAV-END>                              10.04
<EXPENSE-RATIO>                                    .66
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                               .00
        

</TABLE>


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission