DETOMASO INDUSTRIES INC
10-C, 1995-07-27
MOTOR VEHICLES & PASSENGER CAR BODIES
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C.  20549

                                                     OMB APPROVAL
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                                                     OMB Number: 3235-0191
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                                    Form 10-C

                 REPORT BY ISSUER OF SECURITIES QUOTED ON NASDAQ
                          INTERDEALER QUOTATION SYSTEM

  Filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
                      and Rule 13a-17 or 15d-17 thereunder


                           De Tomaso Industries, Inc.
                           --------------------------
                 (Exact name of issuer as specified in charter)


          PO Box 856, 107 Monmouth Street, Red Bank, New Jersey  07701
          ------------------------------------------------------------
                    (Address of principal executive offices)

Issuer's telephone number, including area code         908-842-7200             
                                               ---------------------------------

                    I. CHANGE IN NUMBER OF SHARES OUTSTANDING

       Indicate any change (increase or decrease) of 5% or more in the number of
       shares outstanding:

       1.   Title of security             Common Stock $2.50 par value
                                          -----------------------------

       2.   Number of shares outstanding before the change    2,057,446         
                                                           ---------------------

       3.   Number of shares outstanding after the change     4,827,466    
                                                          ----------------------
       4.   Effective date of change                          July 21, 1995
                                     -------------------------------------------

       5.   Method of change:
         Specify method (such as merger, acquisition, exchange, distribution,
         stock split, reverse split, acquisition of stock for treasury, etc.) 
         Issuance of additional shares pursuant to an acquisition and related
         --------------------------------------------------------------------
         private offering.                                                      
         -----------------------------------------------------------------------

         Give brief description of transaction   Issuer acquired principal
                                               ---------------------------
         assets of Finprogetti, S.p.A., and in connection therewith             
         -----------------------------------------------------------------------
         raised additional capital from investors, issued stock in exchange for 
         -----------------------------------------------------------------------
         stock of subsidiaries held by minority investors and issued shares in 
         -----------------------------------------------------------------------
         exchange for preferred stock held by former Chairman. 
         -----------------------------------------------------------------------

                              II. CHANGE IN NAME OF ISSUER

       1.   Name prior to change                                                
                                 -----------------------------------------------
       2.   Name after change                                                   
                              --------------------------------------------------

       3.   Effective date of charter amendment changing name                   
                                                              ------------------
       4.   Date of shareholder approval of change, if required                 
                                                                ----------------

     Date      July 27, 1995                 Howard E. Chase, Vice President    
         -----------------------             -----------------------------------
                                               (Officer's signature & title)






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