NSAR-B

      PAGE  1
000 B000000 07/31/97
000 C000000 0000049698
000 D000000 N
000 E000000 F
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 IDS MONEY MARKET SERIES, INC.
001 B000000 811-2591
001 C000000 6126712772
002 A000000 IDS TOWER 10
002 B000000 MINNEAPOLIS
002 C000000 MN
002 D010000 55440
002 D020000 0010
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  4
022 A000001 MERRILL LYNCH & CO., INC.
022 B000001 13-5674085
022 C000001   3728966
022 D000001     23485
022 A000002 GOLDMAN SACHS & CO.
022 B000002 13-5108880
022 C000002   2248717
022 D000002     22689
022 A000003 MORGAN STANLEY & CO., INC.
022 B000003 13-2655998
022 C000003   1750244
022 D000003     10890
022 A000004 LEHMAN COMMERCIAL PAPER INC.
022 B000004 13-2501865
022 C000004   1465930
022 D000004     29666
022 A000005 FIRST CHICAGO CAPITAL MKTS.
022 B000005 36-3595942
022 C000005   1306276
022 D000005         0
022 A000006 BANK OF AMERICA
022 B000006 94-1687655
022 C000006   1068869
022 D000006         0
022 A000007 MORGAN GUARANTY
022 B000007 13-3224016
022 C000007    808608
022 D000007     15686
      PAGE  2
022 A000008 CITIBANK-TAX-EXEMPT OPERATIONS
022 B000008 13-5266470
022 C000008    674373
022 D000008         0
022 A000009 CHASE INVESTMENT SERVICES CORP.
022 B000009 13-5225436
022 C000009    549065
022 D000009         0
022 A000010 BANKERS TRUST
022 B000010 13-4941247
022 C000010    461254
022 D000010       400
023 C000000   15405273
023 D000000     110509
077 A000000 Y
077 B000000 Y
077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
077 Q010000 Y
077 Q020000 N
077 Q030000 N
078  000000 N
080 A00AA00 RELIANCE INSURANCE COMPANY
080 C00AA00     2100
081 A00AA00 N
081 B00AA00   0
082 A00AA00 N
082 B00AA00        0
083 A00AA00 N
083 B00AA00        0
084 A00AA00 N
084 B00AA00        0
085 A00AA00 Y
085 B00AA00 N
034  000200 N
035  000200      0
036 B000200      0
034  000300 Y
035  000300    608
      PAGE  3
036 A000300 N
036 B000300      0
042 A000300   0
042 B000300   0
042 C000300   0
042 D000300   0
042 E000300   0
042 F000300   0
042 G000300   0
042 H000300 100
043  000300   1587
044  000300      0
024  000500 Y
025 A000501 MERRILL LYNCH & CO., INC.
025 B000501 13-5674085
025 C000501 D
025 D000501  152756
025 A000502 FIRST CHICAGO CAPITAL MKTS.
025 B000502 36-3595942
025 C000502 D
025 D000502   58426
025 A000503 GOLDMAN SACHS & CO.
025 B000503 13-5108880
025 C000503 D
025 D000503  143347
025 A000504 MORGAN STANLEY & CO., INC.
025 B000504 13-2655998
025 C000504 D
025 D000504   26740
025 A000505 BANK OF AMERICA
025 B000505 94-1687655
025 C000505 D
025 D000505  106246
025 A000506 CHASE MANHATTAN BANK
025 B000506 13-5225436
025 C000506 D
025 D000506   28073
025 A000507 DELETE
025 D000507       0
025 D000508       0
028 A010500    735207
028 A020500     10614
028 A030500         0
028 A040500    694386
028 B010500    813065
028 B020500     11149
028 B030500         0
028 B040500    664709
028 C010500    902267
028 C020500     13825
028 C030500         0
      PAGE  4
028 C040500    931233
028 D010500   1012871
028 D020500     13170
028 D030500         0
028 D040500    977114
028 E010500    959986
028 E020500     12771
028 E030500         0
028 E040500    848329
028 F010500   1026492
028 F020500     13089
028 F030500         0
028 F040500   1062170
028 G010500   5449888
028 G020500     74618
028 G030500         0
028 G040500   5177941
028 H000500         0
062 A000500 Y
062 B000500   0.0
062 C000500   0.3
062 D000500   0.0
062 E000500   0.0
062 F000500   0.5
062 G000500   4.2
062 H000500   0.0
062 I000500  62.9
062 J000500   0.0
062 K000500   0.0
062 L000500  32.1
062 M000500   0.0
062 N000500   0.0
062 O000500   0.0
062 P000500   0.0
062 Q000500   0.0
062 R000500   0.0
063 A000500  42
063 B000500  0.0
064 A000500 Y
064 B000500 N
071 A000500         0
071 B000500         0
071 C000500         0
071 D000500    0
072 A000500 12
072 B000500   163491
072 C000500        0
072 D000500        0
072 E000500        0
072 F000500     8354
072 G000500      800
      PAGE  5
072 H000500       24
072 I000500     5922
072 J000500      161
072 K000500      883
072 L000500      292
072 M000500        9
072 N000500      832
072 O000500        0
072 P000500        0
072 Q000500        0
072 R000500       34
072 S000500        0
072 T000500     1586
072 U000500        0
072 V000500        0
072 W000500       40
072 X000500    18937
072 Y000500     1229
072 Z000500   145783
072AA000500        0
072BB000500        0
072CC010500        0
072CC020500        0
072DD010500   145778
072DD020500        0
072EE000500        0
073 A010500   0.0000
073 A020500   0.0000
073 B000500   0.0000
073 C000500   0.0000
074 A000500    32486
074 B000500        0
074 C000500  3270491
074 D000500        0
074 E000500        0
074 F000500        0
074 G000500        0
074 H000500        0
074 I000500        0
074 J000500        0
074 K000500        0
074 L000500     2831
074 M000500        0
074 N000500  3305808
074 O000500        0
074 P000500       48
074 Q000500        0
074 R010500        0
074 R020500        0
074 R030500        0
074 R040500     3121
      PAGE  6
074 S000500        0
074 T000500  3302639
074 U010500  3302762
074 U020500        0
074 V010500     0.00
074 V020500     0.00
074 W000500   0.0000
074 X000500   322899
074 Y000500        0
075 A000500  2970745
075 B000500        0
076  000500     0.00
SIGNATURE   LESLIE L. OGG                                
TITLE       VICE PRESIDENT      
 

EX-27

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

 

<ARTICLE> 6	
	
   <NUMBER> 1	
   <NAME> IDS CASH MANAGEMENT FUND CLASS A	
<PERIOD-TYPE>	YEAR
<FISCAL-YEAR-END>	JUL-31-1997
<PERIOD-END>	JUL-31-1997
<INVESTMENTS-AT-COST>	               3,270,490,798 
<INVESTMENTS-AT-VALUE>	               3,270,490,798 
<RECEIVABLES>	                     2,830,731 
<ASSETS-OTHER>	                   32,486,142 
<OTHER-ITEMS-ASSETS>	                                  0 	
<TOTAL-ASSETS>	               3,305,807,671 
<PAYABLE-FOR-SECURITIES>	                                  0 	
<SENIOR-LONG-TERM-DEBT>	                                  0 	
<OTHER-ITEMS-LIABILITIES>	                     3,169,061 
<TOTAL-LIABILITIES>	                     3,169,061 
<SENIOR-EQUITY>	                                  0 	
<PAID-IN-CAPITAL-COMMON>	               3,302,664,635 
<SHARES-COMMON-STOCK>	               3,093,914,370 
<SHARES-COMMON-PRIOR>	               2,335,437,412 	
<ACCUMULATED-NII-CURRENT>	                              975 	
<OVERDISTRIBUTION-NII>	                                  0 	
<ACCUMULATED-NET-GAINS>	                                  0 	
<OVERDISTRIBUTION-GAINS>	                         (27,000)
<ACCUM-APPREC-OR-DEPREC>	                                  0 	
<NET-ASSETS>	               3,093,957,865 
<DIVIDEND-INCOME>	                                  0 
<INTEREST-INCOME>	                  163,490,707 
<OTHER-INCOME>	                                  0 
<EXPENSES-NET>	                   17,707,681 
<NET-INVESTMENT-INCOME>	                  145,783,026 
<REALIZED-GAINS-CURRENT>	                              361 
<APPREC-INCREASE-CURRENT>	                                  0 
<NET-CHANGE-FROM-OPS>	                  145,783,387 
<EQUALIZATION>	                                  0 
<DISTRIBUTIONS-OF-INCOME>	                  133,616,882 
<DISTRIBUTIONS-OF-GAINS>	                                  0 
<DISTRIBUTIONS-OTHER>	                                  0 
<NUMBER-OF-SHARES-SOLD>	               9,587,486,301 
<NUMBER-OF-SHARES-REDEEMED>	               8,958,744,870 
<SHARES-REINVESTED>	                  129,747,271 
<NET-CHANGE-IN-ASSETS>	                  637,425,244 
<ACCUMULATED-NII-PRIOR>	                                  0 
<ACCUMULATED-GAINS-PRIOR>	                                  0 
<OVERDISTRIB-NII-PRIOR>	                          (4,105)
<OVERDIST-NET-GAINS-PRIOR>	                         (27,361)
<GROSS-ADVISORY-FEES>	                     8,354,016 
<INTEREST-EXPENSE>	                                  0 
<GROSS-EXPENSE>	                   18,936,969 
<AVERAGE-NET-ASSETS>	               2,692,336,824 
<PER-SHARE-NAV-BEGIN>	                             1.00 
<PER-SHARE-NII>	                                  0 
<PER-SHARE-GAIN-APPREC>	                                  0 
<PER-SHARE-DIVIDEND>	                             0.05 
<PER-SHARE-DISTRIBUTIONS>	                                  0 
<RETURNS-OF-CAPITAL>	0
<PER-SHARE-NAV-END>	                             1.00 
<EXPENSE-RATIO>	                             0.58 
<AVG-DEBT-OUTSTANDING>	0
<AVG-DEBT-PER-SHARE>	0

 

EX-27

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

 
	
<ARTICLE> 6	
	
   <NUMBER> 1	
   <NAME> IDS CASH MANAGEMENT FUND CLASS B	
<PERIOD-TYPE>	YEAR
<FISCAL-YEAR-END>	JUL-31-1997
<PERIOD-END>	JUL-31-1997
<INVESTMENTS-AT-COST>	               3,270,490,798 
<INVESTMENTS-AT-VALUE>	               3,270,490,798 
<RECEIVABLES>	                     2,830,731 
<ASSETS-OTHER>                   32,486,142 
<OTHER-ITEMS-ASSETS>	                                  0 
<TOTAL-ASSETS>	               3,305,807,671 
<PAYABLE-FOR-SECURITIES>	                                  0 
<SENIOR-LONG-TERM-DEBT>	                                  0 
<OTHER-ITEMS-LIABILITIES>	                     3,169,061 
<TOTAL-LIABILITIES>	                     3,169,061 
<SENIOR-EQUITY>	                                  0 
<PAID-IN-CAPITAL-COMMON>	               3,302,664,635 
<SHARES-COMMON-STOCK>	                  146,809,834 
<SHARES-COMMON-PRIOR>	                  273,186,813 
<ACCUMULATED-NII-CURRENT>	                              975 
<OVERDISTRIBUTION-NII>	                                  0 
<ACCUMULATED-NET-GAINS>	                                  0 
<OVERDISTRIBUTION-GAINS>	                         (27,000)
<ACCUM-APPREC-OR-DEPREC>	                                  0 
<NET-ASSETS>	                  146,752,814 
<DIVIDEND-INCOME>	                                  0 
<INTEREST-INCOME>	                  163,490,707 
<OTHER-INCOME>	                                  0 
<EXPENSES-NET>	                   17,707,681 
<NET-INVESTMENT-INCOME>	                  145,783,026 
<REALIZED-GAINS-CURRENT>	                              361 
<APPREC-INCREASE-CURRENT>	                                  0 
<NET-CHANGE-FROM-OPS>	                  145,783,387 
<EQUALIZATION>	                                  0 
<DISTRIBUTIONS-OF-INCOME>	                     8,786,661 
<DISTRIBUTIONS-OF-GAINS>	                                  0 
<DISTRIBUTIONS-OTHER>	                                  0 
<NUMBER-OF-SHARES-SOLD>	                  263,976,722 
<NUMBER-OF-SHARES-REDEEMED>	                  399,060,300 
<SHARES-REINVESTED>	                     8,706,594 
<NET-CHANGE-IN-ASSETS>	                  637,425,244 
<ACCUMULATED-NII-PRIOR>	                                  0 
<ACCUMULATED-GAINS-PRIOR>	                                  0 
<OVERDISTRIB-NII-PRIOR>	                          (4,105)
<OVERDIST-NET-GAINS-PRIOR>	                         (27,361)
<GROSS-ADVISORY-FEES>	                     8,354,016 
<INTEREST-EXPENSE>	                                  0 
<GROSS-EXPENSE>	                   18,936,969 
<AVERAGE-NET-ASSETS>	                  211,834,134 
<PER-SHARE-NAV-BEGIN>	1
<PER-SHARE-NII>	0.04
<PER-SHARE-GAIN-APPREC>	0
<PER-SHARE-DIVIDEND>	0.04
<PER-SHARE-DISTRIBUTIONS>	0
<RETURNS-OF-CAPITAL>	0
<PER-SHARE-NAV-END>	1
<EXPENSE-RATIO>	1.34
<AVG-DEBT-OUTSTANDING>	0
<AVG-DEBT-PER-SHARE>	0

 

EX-27

 
	
<ARTICLE> 6	
	
   <NUMBER> 1	
   <NAME> IDS CASH MANAGEMENT FUND CLASS Y	
<PERIOD-TYPE>	YEAR
<FISCAL-YEAR-END>	JUL-31-1997
<PERIOD-END>	JUL-31-1997
<INVESTMENTS-AT-COST>	               3,270,490,798 
<INVESTMENTS-AT-VALUE>	               3,270,490,798 
<RECEIVABLES>	                     2,830,731
<ASSETS-OTHER>	                   32,486,142 
<OTHER-ITEMS-ASSETS>	                                  0 
<TOTAL-ASSETS>	               3,305,807,671 
<PAYABLE-FOR-SECURITIES>	                                  0 
<SENIOR-LONG-TERM-DEBT>	                                  0 
<OTHER-ITEMS-LIABILITIES>	                     3,169,061 
<TOTAL-LIABILITIES>	                     3,169,061 
<SENIOR-EQUITY>	                                  0 
<PAID-IN-CAPITAL-COMMON>	               3,302,664,635 
<SHARES-COMMON-STOCK>	                   61,993,894 
<SHARES-COMMON-PRIOR>	                   56,685,808 
<ACCUMULATED-NII-CURRENT>	                              975 
<OVERDISTRIBUTION-NII>	                                  0 
<ACCUMULATED-NET-GAINS>	                                  0 
<OVERDISTRIBUTION-GAINS>	                         (27,000)
<ACCUM-APPREC-OR-DEPREC>	                                  0 
<NET-ASSETS>	                   61,971,426 
<DIVIDEND-INCOME>	                                  0 
<INTEREST-INCOME>	                  163,490,707 
<OTHER-INCOME>	                                  0 
<EXPENSES-NET>	                   17,707,681 
<NET-INVESTMENT-INCOME>	                  145,783,026 
<REALIZED-GAINS-CURRENT>	                              361 
<APPREC-INCREASE-CURRENT>	                                  0 
<NET-CHANGE-FROM-OPS>	                  145,783,387 
<EQUALIZATION>	                                  0 
<DISTRIBUTIONS-OF-INCOME>	                     3,374,403 
<DISTRIBUTIONS-OF-GAINS>	                                  0 
<DISTRIBUTIONS-OTHER>	                                  0 
<NUMBER-OF-SHARES-SOLD>	                  126,673,627 
<NUMBER-OF-SHARES-REDEEMED>	                  124,384,459 
<SHARES-REINVESTED>	                     3,018,917 
<NET-CHANGE-IN-ASSETS>	                  637,425,244 
<ACCUMULATED-NII-PRIOR>	                                  0 
<ACCUMULATED-GAINS-PRIOR>	                                  0 
<OVERDISTRIB-NII-PRIOR>	                          (4,105)
<OVERDIST-NET-GAINS-PRIOR>	                         (27,361)
<GROSS-ADVISORY-FEES>	                     8,354,016 
<INTEREST-EXPENSE>	                                  0 
<GROSS-EXPENSE>	                   18,936,969 
<AVERAGE-NET-ASSETS>	                   67,967,717 
<PER-SHARE-NAV-BEGIN>	1
<PER-SHARE-NII>	0.05
<PER-SHARE-GAIN-APPREC>	0
<PER-SHARE-DIVIDEND>	0.05
<PER-SHARE-DISTRIBUTIONS>	0
<RETURNS-OF-CAPITAL>	0
<PER-SHARE-NAV-END>	1
<EXPENSE-RATIO>	0.58
<AVG-DEBT-OUTSTANDING>	0
<AVG-DEBT-PER-SHARE>	0

 

EX-99

KPMG Peat Marwick LLP
4200 Norwest Center
90 South Seventh Street
Minneapolis, MN  55402
Independent Auditors' Report on Internal Accounting Control
The Board of Directors and Shareholders
IDS Money Market Series, Inc.:
In planning and performing our audits of the financial statements of IDS Cash
Management Fund (fund within IDS Money Market Series, Inc.), for the year
ended July 31, 1997, we considered their 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 staements and to comply with the requirementso fo Form NSAR,
not to provide assurance on the internal control structure.
The management of IDS Money Market Series, Inc. is responsible for
establishing and maintaining a system of internal accounting control.
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 unauthorize recoreded properly to permit the 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 futrue periods is subject to the risk that
it may become inadeequate because of changes in conditions or that the
effectiveness of the 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 course of performing their assigned functions. However, we noted
no matter involving the internal control structure, including procedures
for safeguarding securites, that we consider to be a material weakness as
defined above as of July 31, 1997.
This report is intended solely for the information and use of management and
the Securities and Exchange Commission.
KPMG Peat Marwick LLP

Minneapolis, Minnesota
September 5, 1997