FRANKLIN TEMPLETON MONEY FUND TRUST
N-18F1, 1995-06-01
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                          FORM N-18F-1
                                      File Nos. 33-88924
                                              811-8962
                                
                                
         NOTIFICATION OF ELECTION PURSUANT TO RULE 18F-1
            UNDER THE INVESTMENT COMPANY ACT OF 1940
                                
               FRANKLIN TEMPLETON MONEY FUND TRUST
                                
                    NOTIFICATION OF ELECTION
                                
      The  undersigned  registered  open-end  investment  company
hereby  notifies the Securities and Exchange Commission  that  it
elects  to  commit  itself to pay in cash all  redemptions  by  a
shareholder  of  record  as provided  by  Rule  18f-1  under  the
Investment  Company  Act  of 1940. It  is  understood  that  this
election  is irrevocable while such rule is in effect unless  the
Commission  by  order upon application permits the withdrawal  of
this Notification of Election.

                            SIGNATURE

      Pursuant  to  the  requirements of  Rule  18f-1  under  the
Investment  Company Act of 1940, the registrant has  caused  this
Notification of Election to be duly executed on its behalf in the
City  of  San Mateo and the State of California on the 1  day  of
June, 1995.

                         FRANKLIN TEMPLETON MONEY FUND TRUST




                         BY/S/Harmon E. Burns
                              Harmon E. Burns
                              Vice President


Attest:/S/Larry L. Greene
     Larry L. Greene
     Assistant Secretary




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