APPENDIX I.          U.S. SECURITIES AND EXCHANGE COMMISSION
                           Washington, D.C. 20549
                                                                                
                               FORM 24F-2
                    Annual Notice of Securities Sold
                          Pursuant to Rule 24f-2

                Read instruction at end of Form before preparing Form.
                               Please print or type.

1.  Name and address of issuer:

    Davis Series, Inc.
    124 East Marcy Street
	Santa Fe, NM 87501

2.  Name of each series or class of funds for which this notice is filed.

    Davis Growth Opportunity Fund, Classes A & B
	Davis Government Bond Fund, Classes A & B
	Davis Government Money Market Fund, Classes A, B & C
	Davis Financial Fund, Classes A & B
	Davis Convertible Securities Fund, Classes A & B
	Davis Real Estate Fund, Classes A & B


3.  Investment Company Act File Number:

    811-2679

     Securities Act File Number:

     2-57209


4.  Last day of fiscal year for which this notice is filed:

    December 31, 1995
    

5.  Check box if this notice is being filed more than 180 days after the
    close of the issuers fiscal year for purposes of reporting securities 
    sold after the close of the fiscal year but  before termination of the 
    issuer's 24f-2 declaration:

                                                           /  /



6.  Date of termination of issuer's declaration under rule 24f-2(a)(1), if
    applicable (see instruction A.6):




7.  Number and amount of securities of the same class or series which had
    been registered under the Securities Act of 1933 other than pursuant to
    rule 24f-2 in a prior fiscal year, but which remained unsold at the
    beginning of the fiscal year.

    None


8.  Number and amount of securities registered during the fiscal year
    other than pursuant to rule 24f-2.

    None


9.  Number and aggregate sale price of securities sold during the fiscal
    year:

    280,085,759            $309,799,409

<PAGE>
10.  Number and aggregate sale price of securities sold during the fiscal
     year in reliance upon registration pursuant to rule 24f-2:

     280,085,759            $309,799,409


11.  Number and aggregate sale price of securities issued during the fiscal
     year in connection with dividend reinvestment plans, if applicable (see
     Instruction B.7):

      12,520,554            $ 30,637,314


12.  Calculation of registration fee:

       (i)  Aggregate sale price of securities sold during the fiscal 
            year in reliance on rule 24f-2 (from Item 10):   $309,799,409
			                                                 ____________

      (ii)  Aggregate price of shares issued in connection with
            dividend reinvestment plans (from Item 11, if applicable):
		                                                     + 30,637,314
															 ____________

     (iii)  Aggregate price of shares redeemed or repurchased during the
            fiscal year (if applicable):                     -219,476,183
															 ____________

      (iv)  Aggregate price of shares redeemed or repurchased and previously
            applied as a reduction to filing fees pursuant to rule 24e-2 
            (if applicable):                                 +       None
															 ____________

       <v)  Net aggregate price of securities sold and issued during the fiscal
            year in reliance on rule 24f-2 line i), plus line (ii), less 
            line (iii), plus line (iv) (if applicable):      $120,960,540
			                                                 ____________

      (vi)  Multiplier prescribed by Section 6(b) of the Securities Act of
            1933 or other applicable law or regulation (see instruction C.6):
			
			                                                 x     1/2900
															 ____________

     (vii)  Fee due line (i) or lines (v) multiplied by line (vi):
	 
	                                                         $  41,710.53
															 ____________
															 ____________

Instruction:  Issuers should complete lines (ii), (iii), (iv), and (v) only if
              the form is being files within 60 days after the close of the 
              issuer's fiscal year.  See Instruction C.3.

13.  Check box if fees are being remitted to the Commission's lockbox
     depository as described in section 3a of the Commission's Rules of
     Informal and Other procedures (17CFR 202.3a)
	 
	                                                            /X/

Date of mailing or wire transfer of filing fees to the Commission's
lockbox depository:

     2/27/95




                                     SIGNATURES

This  report has been signed below by the following persons on behalf of
the issuer and in the capacities and on the dates indicated.

By (Signature and Title) /s/ Carl R. Luff
                        ---------------------------- 
                             Carl R. Luff
							 Treasurer

Date 2/29/96
     -------

Please print the name and title of the signing officer below the signature.

Exhibit:  Opinion of Counsel dated January 15, 1996      
                                  -----------------