DAVIS SERIES INC
497, 1999-07-29
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                                                Filed Pursuant to Rule 497(e)
                                                Registration File No.: 2-57209

                                                                  AUGUST 1, 1999

                           DAVIS GOVERNMENT BOND FUND
                                       AND
                       DAVIS GOVERNMENT MONEY MARKET FUND
                   AUTHORIZED PORTFOLIOS OF DAVIS SERIES, INC.
                            SUPPLEMENT TO PROSPECTUS
                                DATED MAY 1, 1999

     The following information supplements and should be read in conjunction
with the section of the Funds' Prospectus entitled "Who is Responsible For Your
Davis Account."

     Effective August 1, 1999, Creston King, CFA was named portfolio manager of
Davis Government Bond Fund and Davis Government Money Market Fund. Mr. King
joined Davis Selected Advisers, L.P. on June 30, 1999. Prior to joining Davis
Selected Advisers, L.P. Mr. King was a portfolio manager for U.S. Global
Investors, Inc. where he managed various money market funds and bond funds.



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