BISHOP STREET FUNDS
NSAR-A, 1996-08-29
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<PAGE>      PAGE  1
000 A000000 06/30/96
000 C000000 0000925737
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 BISHOP STREET FUNDS
001 B000000 811-8572
001 C000000 6102541000
002 A000000 P.O. BOX 3708
002 B000000 HONOLULU
002 C000000 HI
002 D010000 96811
002 D020000 3708
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  3
007 C010100  1
007 C020100 MONEY MARKET FUND
007 C030100 N
007 C010200  2
007 C020200 HAWAII MUNICIPAL BOND FUND
007 C030200 N
007 C010300  3
007 C020300 TREASURY MONEY MARKET FUND
007 C030300 N
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
015 A00AA01 THE CHASE MANHATTAN BANK
015 B00AA01 C
015 C01AA01 NEW YORK
015 C02AA01 NY
015 C03AA01 10004
015 E01AA01 X
018  00AA00 Y
019 A00AA00 Y
019 B00AA00    3
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022 A000001 JP MORGAN
022 B000001 13-6022158
<PAGE>      PAGE  2
022 C000001   1332299
022 D000001     20044
022 A000002 AUBREY G LANSTON
022 B000002 13-5552129
022 C000002   1197836
022 D000002    145031
022 A000003 LEHMAN BROTHERS
022 B000003 13-2927667
022 C000003   1019997
022 D000003    149424
022 A000004 CHASE
022 B000004 13-6022158
022 C000004    218730
022 D000004    184842
022 A000005 MERRILL LYNCH
022 B000005 13-5674085
022 C000005    146521
022 D000005     69689
022 A000006 MORGAN STANLEY
022 B000006 13-265598
022 C000006    157151
022 D000006     55999
022 A000007 PAINE WEBBER
022 B000007 13-2760086
022 C000007    124163
022 D000007     58144
022 A000008 GOLDMAN SACHS
022 B000008 13-5108880
022 C000008    122955
022 D000008     56712
022 A000009 DEAN WITTER
022 B000009 94-1671384
022 C000009    116736
022 D000009      9881
022 A000010 BANK OF AMERICA
022 B000010 94-1687665
022 C000010    112587
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<PAGE>      PAGE  3
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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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008 A000301 FIRST HAWAIIAN BANK
008 B000301 A
008 C000301 801-0000
008 D010301 HONOLULU
008 D020301 HI
008 D030301 96811
008 D040301 3708
008 A000302 WELLINGTON MANAGEMENT COMPANY
008 B000302 S
008 C000302 801-15908
008 D010302 BOSTON
008 D020302 MA
008 D030302 02109
024  000300 Y
025 A000301 LEHMAN BROTHERS
025 B000301 13-2927667
025 C000301 D
025 D000301   23000
025 A000302 J.P. MORGAN
025 B000302 13-3224016
025 C000302 D
025 D000302    7000
025 A000303 DEAN WITTER REYNOLDS
025 B000303 94-1671384
025 C000303 D
025 D000303    7000
025 A000304 GOLDMAN SACHS
025 B000304 13-5108880
025 C000304 D
025 D000304    7000
025 A000305 MORGAN STANLEY & CO
025 B000305 13-2655998
025 C000305 D
025 D000305    7000
025 A000306 AUBREY G. LANSTON
025 B000306 13-5552129
025 C000306 D
025 D000306    6877
025 A000307 CHASE
025 B000307 13-6022158
025 C000307 D
025 D000307   30000
028 A010300         0
<PAGE>      PAGE  10
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<PAGE>      PAGE  11
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<PAGE>      PAGE  12
070 M010300 N
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<PAGE>      PAGE  13
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SIGNATURE   DAVID G. LEE                                 
TITLE       PRESIDENT           
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000925737
<NAME> BISHOP STREET FUNDS
<SERIES>
   <NUMBER> 010
   <NAME> MONEY MARKET FUND - CLASS A
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000925737
<NAME> BISHOP STREET FUNDS
<SERIES>
   <NUMBER> 011
   <NAME> MONEY MARKET FUND - CLASS B
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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<EXPENSE-RATIO>                                    .60
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000925737
<NAME> BISHOP STREET FUNDS
<SERIES>
   <NUMBER> 020
   <NAME> HAWAII MUNICIPAL BOND - CLASS A
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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<PER-SHARE-NAV-BEGIN>                            10.47
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000925737
<NAME> BISHOP STREET FUNDS
<SERIES>
   <NUMBER> 021
   <NAME> HAWAII MUNICIPAL BOND - CLASS B
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               JUN-30-1996
<INVESTMENTS-AT-COST>                            24245
<INVESTMENTS-AT-VALUE>                           24159
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<ASSETS-OTHER>                                       0
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<TOTAL-ASSETS>                                   23701
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<SHARES-COMMON-STOCK>                              926
<SHARES-COMMON-PRIOR>                              640
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<NET-CHANGE-FROM-OPS>                            (124)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        (220)
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<NET-CHANGE-IN-ASSETS>                            2659
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<AVERAGE-NET-ASSETS>                                 0
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<PER-SHARE-NII>                                    .27
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<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                             (.84)
<PER-SHARE-NAV-END>                              10.11
<EXPENSE-RATIO>                                    .21
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000925737
<NAME> BISHOP STREET FUNDS
<SERIES>
   <NUMBER> 030
   <NAME> TREASURY MONEY MARKET FUND - CLASS A
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               JUN-30-1996
<INVESTMENTS-AT-COST>                           172871
<INVESTMENTS-AT-VALUE>                          172871
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<ASSETS-OTHER>                                     152
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  173023
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                            0
<TOTAL-LIABILITIES>                                  0
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                             0
<SHARES-COMMON-STOCK>                           173023
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
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<EXPENSE-RATIO>                                    .44
<AVG-DEBT-OUTSTANDING>                               0
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</TABLE>


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