T ROWE PRICE SUMMIT FUNDS INC
NSAR-B, 1998-12-31
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<PAGE>      PAGE  1
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<PAGE>      PAGE  2
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<PAGE>      PAGE  3
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<PAGE>      PAGE  7
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SIGNATURE   JIM RIEPE                                    
TITLE       VICE PRESIDENT      
 

WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000912028
<NAME> T.ROWE PRICE SUMMIT CASH RESERVES FUND
       
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000912028
<NAME> T.ROWE PRICE SUMMIT GNMA FUND
       
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000912028
<NAME> T.ROWE PRICE SUMMIT LIMITED-TERM BOND FUND
       
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