U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 24F-2
ANNUAL NOTICE OF SECURITIES SOLD
PURSUANT TO RULE 24F-2
1. Name and address of issuer:
Northern Funds
207 East Buffalo Street, Suite 400
Milwaukee, WI 53202
2. Name of each series or class of funds for which this Form is filed:
(If the Form is being filed for all series and classes of funds of
the issuer, check the box but do not list series or classes):
[X]
3. Investment Company Act File Number: 811-8236
Securities Act File Number: 33-73404
4.(a) Last day of fiscal year for which this Form is filed:
March 31, 1998
4.(b) [ ] Check box if this Form is being filed late (i.e. more than 90
calendar days after the end of the issuer's fiscal year).
4.(c) [ ] Check box if this is the last time the issuer will be filing
this Form.
5. Calculation of registration fee:
(i) Aggregate sale price of securities
sold during the fiscal year
pursuant to section 24(f): $24,119,941,207
---------------
(ii) Aggregate price of securities
redeemed or repurchased during
the fiscal year: $21,308,718,229
---------------
(iii) Aggregate price of securities
redeemed or repurchased during any
prior fiscal year ending no earlier
than October 11, 1995 that were not
previously used to reduce registration
fees payable to the Commission: $0
-----------
(iv) Total available redemption credits
(add items 5(ii) and 5(iii): - $21,308,718,229
---------------
(v) Net sales - if item 5(i) is greater
than item 5(iv) [subtract item 5(iv) $2,811,222,978
from item 5(i)]: --------------
(vi) Redemption credits available for use
in future years - if item 5(i) is less
than item 5(iv) [subtract item 5(iv) $0
from item 5(i)]: -----------
(vii) Multiplier for determining registration
fee: x .000295
-----------
(viii) Registration fee due [multiply item
5(v) by item 5(vii)
(enter "0" if no fee is due): = $829,310.78
-------------
6. Prepaid Shares
If the reponse to item 5(i) was determined by deducting an amount of
securities that were registered under the Securities Act of 1933 pursuant
to rule 24e-2 as in effect before October 11, 1997, then report the amount
of securites (number of shares or other units) deducted here: N/A.
If there is a number of shares or other units that were registered pursuant
to rule 24e-2 remaining unsold at the end of the fiscal year for which this
form is filed that are available for use by the issuer in future fiscal
years, then state that number here: N/A.
7. Interest due - if this Form is being filed more than 90 days
after the end of the issuer's fiscal year: +$0
-----------
8. Total of the amount of the registration fee due plus any
interest due [line 5(viii) plus line 7]: = $829,310.78
------------
9. Date the registration fee and any interest payment was sent
to the Commission's lockbox depository: June 12, 1998.
Method of Delivery: [X] Wire Transfer
[ ] Mail or other means
SIGNATURES
This report has been signed below by the following persons on behalf of
the issuer and in the capacity and on the date indicated.
By: /s/Miriam M. Allison
-----------------------
Miriam M. Allison
Miriam M. Allison , Vice President and Treasurer
------------------------------------------------
Date: June 10, 1998
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