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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 24F-2
ANNUAL NOTICE OF SECURITIES SOLD
PURSUANT TO RULE 24f-2
READ INSTRUCTIONS AT END OF FORM BEFORE PREPARING FORM.
PLEASE PRINT OR TYPE.
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1. Name and address of issuer:
GENERAL SECURITIES, INCORPORATED
5100 EDEN AVENUE, SUITE 204
EDINA, MINNESOTA 55436
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2. Name of each series or class of funds for which this notice is filed:
REGISTRANT HAS ONLY ONE CLASS AND NO SERIES.
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3. Investment Company Act File Number:
811-594
Securities Act File Number: 2-77092
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4. Last day of fiscal year for which this notice is filed:
NOVEMBER 30
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5. Check box if this notice is being filed more than 180 days after the close
of the issuer's 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:
NOT APPLICABLE / /
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6. Date of termination of issuer's declaration under rule 24f-2(a)(1), if
applicable (see instruction A.6):
NOT APPLICABLE
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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
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8. Number and amount of securities registered during the fiscal year other
than pursuant to rule 24f-2:
NONE
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9. Number and aggregate sale price of securities sold during the fiscal
year:
282,594 at $4,314,439
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10. Number and aggregate sale price of securities sold during the fiscal
year in reliance upon registration pursuant to rule 24f-2.
282,594 AT $4,314,439
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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):
168,361 AT $2,476,566
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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): $4,314,439
(ii) Aggregate price of shares issued in connection with
dividend reinvestment plan (from Item 11, if applicable): +2,476,566
(iii) Aggregate price of shares redeemed or repurchased
during the fiscal year (if applicable): -2,968,285
(iv) Aggregate price of shares redeemed or repurchased
and previously applied as a reduction to filing fees
pursuant to Rule 24e-2 (if applicable): + -0-
(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): $3,822,720
(vi) Multiplier prescribed by Section 6(b) of the
Securities Act of 1933 or other applicable law or
regulation (see instruction C.6): x 1/3300
(vii) Fee due (line (i) or line (v) multiplied by
line (vi)): $1,159
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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 (17 CFR 202.3a).
/x/
Date of mailing or wire transfer of filing fees to the Commission's
lockbox depository:
JANUARY 24, 1997
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SIGNATURES
This report has been signed below by the following persons on behalf of the
issuer and in the capacities and on the date indicated.
By: /s/ John P. Robinson
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John P. Robinson, President
Date: JANUARY 27, 1997
