<PAGE> PAGE 1
000 B000000 10/31/95
000 C000000 0000934529
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 CRANBROOK FUNDS
001 B000000 811-8908
001 C000000 3132594321
002 A000000 100 RENAISSANCE CENTER, 25TH FLOOR
002 B000000 DETROIT
002 C000000 MI
002 D010000 48243
002 D020000 1182
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 2
007 C010100 1
007 C020100 CRANBROOK MONEY MARKET FUND
007 C030100 N
007 C010200 2
007 C020200 CRANBROOK TREASURY FUND
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 CRANBROOK CAPITAL MANAGEMENT, INC.
008 B00AA01 A
008 C00AA01 801-10932
008 D01AA01 DETROIT
008 D02AA01 MI
008 D03AA01 48243
008 D04AA01 1182
010 A00AA01 FIRST OF MICHIGAN CORPORATION
010 B00AA01 8-17209
010 C01AA01 DETROIT
010 C02AA01 MI
010 C03AA01 48243
010 C04AA01 1182
011 A00AA01 FIRST OF MICHIGAN CORPORATION
<PAGE> PAGE 2
011 B00AA01 8-17209
011 C01AA01 DETROIT
011 C02AA01 MI
011 C03AA01 48243
011 C04AA01 1182
012 A00AA01 FIRST OF MICHIGAN CORPORATION
012 B00AA01 8-17209
012 C01AA01 DETROIT
012 C02AA01 MI
012 C03AA01 48243
012 C04AA01 1182
013 A00AA01 ERNST & YOUNG LLP
013 B01AA01 DETROIT
013 B02AA01 MI
013 B03AA01 48226
013 B04AA01 3426
014 A00AA01 FIRST OF MICHIGAN CORPORATION
014 B00AA01 8-17209
015 A00AA01 NBD BANK
015 B00AA01 C
015 C01AA01 DETROIT
015 C02AA01 MI
015 C03AA01 48226
015 E01AA01 X
018 00AA00 Y
019 A00AA00 N
019 B00AA00 0
020 A000001 NOT APPLICABLE
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 GREENWICH CAPITAL MARKETS, INC.
022 B000001 13-3172275
022 C000001 3164857
022 D000001 3148694
022 A000002 FIRST CHICAGO
022 B000002 36-3595942
022 C000002 3018932
022 D000002 2860432
022 A000003 NIKKO SECURITIES CO.
022 B000003 94-1302123
022 C000003 2137084
022 D000003 2091052
<PAGE> PAGE 3
022 A000004 PAINE WEBBER JACKSON & CURTIS
022 B000004 13-2638166
022 C000004 1814971
022 D000004 1806602
022 A000005 MERRILL LYNCH
022 B000005 13-5674085
022 C000005 1664101
022 D000005 1425802
022 A000006 DAIWA SECURITIES AMERICA, INC.
022 B000006 13-5680329
022 C000006 855282
022 D000006 848158
022 A000007 DEAN WITTER REYNOLDS, INC.
022 B000007 94-1671384
022 C000007 400453
022 D000007 348226
022 A000008 LEHMAN BROTHERS, INC.
022 B000008 13-2501865
022 C000008 387903
022 D000008 105736
022 A000009 MERRILL LYNCH GOVERNMENT SECURITIES
022 B000009 13-5674085
022 C000009 108039
022 D000009 85860
022 A000010 BA SECURITIES, INC.
022 B000010 95-4035346
022 C000010 108400
022 D000010 10052
023 C000000 14076811
023 D000000 12884928
024 00AA00 N
026 A000000 N
026 B000000 N
026 C000000 N
026 D000000 N
026 E000000 N
026 F000000 Y
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
034 00AA00 N
035 00AA00 0
036 B00AA00 0
037 00AA00 N
038 00AA00 0
039 00AA00 N
<PAGE> PAGE 4
040 00AA00 Y
041 00AA00 Y
045 00AA00 Y
046 00AA00 N
047 00AA00 Y
048 00AA00 0.000
048 A01AA00 500000
048 A02AA00 0.225
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
048 I02AA00 0.000
048 J01AA00 0
048 J02AA00 0.000
048 K01AA00 500000
048 K02AA00 0.200
049 00AA00 N
050 00AA00 N
051 00AA00 N
052 00AA00 N
053 A00AA00 N
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
054 H00AA00 N
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 N
054 M00AA00 N
054 N00AA00 N
054 O00AA00 N
055 A00AA00 N
055 B00AA00 N
056 00AA00 Y
<PAGE> PAGE 5
057 00AA00 N
058 A00AA00 N
059 00AA00 Y
060 B00AA00 Y
061 00AA00 1000
066 A00AA00 N
067 00AA00 N
068 A00AA00 N
068 B00AA00 N
069 00AA00 N
070 A01AA00 Y
070 A02AA00 Y
070 B01AA00 N
070 B02AA00 N
070 C01AA00 N
070 C02AA00 N
070 D01AA00 N
070 D02AA00 N
070 E01AA00 N
070 E02AA00 N
070 F01AA00 N
070 F02AA00 N
070 G01AA00 N
070 G02AA00 N
070 H01AA00 N
070 H02AA00 N
070 I01AA00 N
070 I02AA00 N
070 J01AA00 N
070 J02AA00 N
070 K01AA00 N
070 K02AA00 N
070 L01AA00 Y
070 L02AA00 Y
070 M01AA00 N
070 M02AA00 N
070 N01AA00 N
070 N02AA00 N
070 O01AA00 N
070 O02AA00 N
070 P01AA00 N
070 P02AA00 N
070 Q01AA00 N
070 Q02AA00 N
070 R01AA00 N
070 R02AA00 N
077 A000000 Y
077 B000000 Y
077 Q010000 Y
078 000000 N
080 A00AA00 CHUBB GROUP
<PAGE> PAGE 6
080 C00AA00 5000
081 A00AA00 Y
081 B00AA00 1
082 A00AA00 N
082 B00AA00 0
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 Y
085 B00AA00 N
028 A010100 98424
028 A020100 1492
028 A030100 0
028 A040100 79251
028 B010100 100693
028 B020100 1939
028 B030100 0
028 B040100 95593
028 C010100 109246
028 C020100 1582
028 C030100 0
028 C040100 105499
028 D010100 102483
028 D020100 1548
028 D030100 0
028 D040100 101648
028 E010100 92171
028 E020100 1917
028 E030100 0
028 E040100 89764
028 F010100 111467
028 F020100 1588
028 F030100 0
028 F040100 92638
028 G010100 614484
028 G020100 10066
028 G030100 0
028 G040100 564393
028 H000100 0
042 A000100 0
042 B000100 0
042 C000100 0
042 D000100 100
042 E000100 0
042 F000100 0
042 G000100 0
042 H000100 0
043 000100 634
044 000100 0
062 A000100 Y
<PAGE> PAGE 7
062 B000100 0.0
062 C000100 4.0
062 D000100 18.0
062 E000100 0.0
062 F000100 7.0
062 G000100 0.0
062 H000100 3.0
062 I000100 31.0
062 J000100 21.0
062 K000100 0.0
062 L000100 0.0
062 M000100 0.0
062 N000100 0.0
062 O000100 0.0
062 P000100 16.0
062 Q000100 0.0
062 R000100 0.0
063 A000100 62
063 B000100 0.0
064 A000100 N
071 A000100 0
071 B000100 0
071 C000100 0
071 D000100 0
072 A000100 8
072 B000100 15248
072 C000100 0
072 D000100 0
072 E000100 0
072 F000100 571
072 G000100 634
072 H000100 0
072 I000100 280
072 J000100 85
072 K000100 11
072 L000100 19
072 M000100 16
072 N000100 3
072 O000100 0
072 P000100 0
072 Q000100 0
072 R000100 16
072 S000100 8
072 T000100 0
072 U000100 0
072 V000100 0
072 W000100 96
072 X000100 1739
072 Y000100 0
072 Z000100 13509
072AA000100 0
<PAGE> PAGE 8
072BB000100 0
072CC010100 0
072CC020100 0
072DD010100 13509
072DD020100 0
072EE000100 0
073 A010100 0.0357
073 A020100 0.0000
073 B000100 0.0000
073 C000100 0.0000
074 A000100 6
074 B000100 73845
074 C000100 337572
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 1884
074 M000100 34
074 N000100 413341
074 O000100 0
074 P000100 192
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 331
074 S000100 0
074 T000100 412818
074 U010100 412818
074 U020100 0
074 V010100 1.00
074 V020100 0.00
074 W000100 1.0009
074 X000100 111976
074 Y000100 0
075 A000100 377897
075 B000100 0
076 000100 0.00
028 A010200 17825
028 A020200 278
028 A030200 0
028 A040200 13527
028 B010200 11241
028 B020200 330
028 B030200 0
028 B040200 22249
<PAGE> PAGE 9
028 C010200 14845
028 C020200 234
028 C030200 0
028 C040200 14574
028 D010200 10710
028 D020200 231
028 D030200 0
028 D040200 12567
028 E010200 10978
028 E020200 273
028 E030200 0
028 E040200 13533
028 F010200 14986
028 F020200 215
028 F030200 0
028 F040200 11801
028 G010200 80585
028 G020200 1561
028 G030200 0
028 G040200 88251
028 H000200 0
042 A000200 0
042 B000200 0
042 C000200 0
042 D000200 100
042 E000200 0
042 F000200 0
042 G000200 0
042 H000200 0
043 000200 99
044 000200 0
062 A000200 Y
062 B000200 64.0
062 C000200 0.0
062 D000200 36.0
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 51
063 B000200 0.0
<PAGE> PAGE 10
071 A000200 0
071 B000200 0
071 C000200 0
071 D000200 0
072 A000200 8
072 B000200 2321
072 C000200 0
072 D000200 0
072 E000200 0
072 F000200 89
072 G000200 99
072 H000200 0
072 I000200 18
072 J000200 63
072 K000200 2
072 L000200 3
072 M000200 3
072 N000200 2
072 O000200 0
072 P000200 0
072 Q000200 0
072 R000200 3
072 S000200 1
072 T000200 0
072 U000200 0
072 V000200 0
072 W000200 -9
072 X000200 274
072 Y000200 0
072 Z000200 2047
072AA000200 0
072BB000200 0
072CC010200 0
072CC020200 0
072DD010200 2047
072DD020200 0
072EE000200 0
073 A010200 0.0347
073 A020200 0.0000
073 B000200 0.0000
073 C000200 0.0000
074 A000200 2
074 B000200 20626
074 C000200 37292
074 D000200 0
074 E000200 0
074 F000200 0
074 G000200 0
074 H000200 0
074 I000200 0
074 J000200 0
<PAGE> PAGE 11
074 K000200 0
074 L000200 104
074 M000200 14
074 N000200 58038
074 O000200 0
074 P000200 25
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 50
074 S000200 0
074 T000200 57963
074 U010200 57963
074 U020200 0
074 V010200 1.00
074 V020200 0.00
074 W000200 1.0004
074 X000200 7441
074 Y000200 0
075 A000200 58997
075 B000200 0
076 000200 0.00
SIGNATURE CHARLES M. GRIMLEY
TITLE SECRETARY/TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<RESTATED>
<SERIES>
<NUMBER> 1
<NAME> CRANBROOK MONEY MARKET FUND
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1995
<PERIOD-START> MAR-01-1995
<PERIOD-END> OCT-31-1995
<INVESTMENTS-AT-COST> 410,765,285
<INVESTMENTS-AT-VALUE> 411,416,672
<RECEIVABLES> 1,884,118
<ASSETS-OTHER> 40,524
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 413,341,314
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 522,839
<TOTAL-LIABILITIES> 522,839
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 371,536,627
<SHARES-COMMON-STOCK> 412,818,475
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 412,818,475
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 15,248,879
<OTHER-INCOME> 0
<EXPENSES-NET> 1,739,436
<NET-INVESTMENT-INCOME> 13,509,443
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 0
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 13,509,443
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,133,540,267
<NUMBER-OF-SHARES-REDEEMED> 734,034,037
<SHARES-REINVESTED> 13,312,245
<NET-CHANGE-IN-ASSETS> 412,818,475
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 570,788
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,739,436
<AVERAGE-NET-ASSETS> 377,896,627
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 00357
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 00357
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.69
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<RESTATED>
<SERIES>
<NUMBER> 2
<NAME> CRANBROOK TREASURY FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1995
<PERIOD-START> MAR-01-1995
<PERIOD-END> OCT-31-1995
<INVESTMENTS-AT-COST> 57,642,196
<INVESTMENTS-AT-VALUE> 57,918,218
<RECEIVABLES> 103,674
<ASSETS-OTHER> 16,690
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 58,038,582
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 75,250
<TOTAL-LIABILITIES> 75,250
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 52,166,999
<SHARES-COMMON-STOCK> 57,963,332
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 57,963,332
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 2,321,070
<OTHER-INCOME> 0
<EXPENSES-NET> 274,203
<NET-INVESTMENT-INCOME> 2,046,867
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 0
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 2,046,867
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 178,869,473
<NUMBER-OF-SHARES-REDEEMED> 122,947,831
<SHARES-REINVESTED> 2,041,690
<NET-CHANGE-IN-ASSETS> 57,963,332
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 89,078
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 274,203
<AVERAGE-NET-ASSETS> 58,997,349
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 00347
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 00347
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.70
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
Exhibit 99.77B
[Letterhead of Ernst & Young LLP]
Supplementary Report of Independent Auditors
Board of Trustees
Cranbrook Funds
In planning and performing our audit of the financial statements of Cranbrook
Funds for the period ended October 31, 1995, we considered its internal
control structure, including procedures for safeguarding securities, in order
to determine our auditing procedures for the purpose of expressing our
opinion on the financial statements and to comply with the requirements of
Form N-SAR, not to provide assurance on the internal control structure.
The management of Cranbrook Funds is responsible for establishing and
maintaining an internal control structure. In fulfilling this responsibility,
estimates and judgments by management are required to assess the expected
benefits and related costs of internal control structure policies and
procedures. Two of the objectives of an internal control structure are to
provide management with reasonable, but not absolute, assurance that assets
are safeguarded against loss from unauthorized use or disposition and that
transactions are executed in accordance with management's authorization and
recorded properly to permit preparation of financial statements in conformity
with generally accepted accounting principles.
Because of inherent limitations in any internal control structure, errors or
irregularities may occur and not be detected. Also projection of any
evaluation of the structure to future periods is subject to the risk that it
may become inadequate because of changes in conditions or that the
effectiveness of its design and operation may deteriorate.
Our consideration of the internal control structure would not necessarily
disclose all matters in the internal control structure that might be material
weaknesses under standards established by the American Institute of Certified
Public Accountants. A material weakness is a condition in which the design or
operation of the specific internal control structure elements does not reduce
to a relatively low level the risk that errors or irregularities in amounts
that would be material in relation to the financial statements being audited
may occur and not be detected within a timely period by employees in the
normal course of performing their assigned functions. However, we noted no
matters involving the internal control structure, including procedures for
safeguarding securities, that we considered to be material weaknesses as
defined above as of October 31, 1995.
This report is intended solely for the information and use of management and
the Securities and Exchange Commission.
Ernst & Young LLP
December 1, 1995
