CARNEGIE GOVERNMENT SECURITIES TRUST
24F-2NT, 1995-09-22
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<PAGE>   1





                               September 22, 1995


Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, D.C. 20549

                             RULE 24f-2 NOTICE FOR
                      CARNEGIE GOVERNMENT SECURITIES TRUST
                             (MONEY MARKET SERIES)
                Securities Act of 1933 Registration No. 2-67208
                -----------------------------------------------

         Pursuant to Rule 24f-2 under the Investment Company Act of 1940, as
amended, the Registrant, Carnegie Government Securities Trust, hereby advises
as follows:

         1.      The fiscal year for which this Notice is filed is the fiscal
                 year ended July 31, 1995.

         2.      The number of securities of the same class or series
                 registered under the Securities Act of 1933, as amended, other
                 than pursuant to Rule 24f-2 which remained unsold at the
                 beginning of said fiscal year is none.

         3.      The number of such securities registered during said fiscal
                 year other than pursuant to Rule 24f-2 is none.

         4.      The number of such securities sold during said fiscal year is
                 64,575,987 shares of the Money Market Series (exclusive of
                 686,538 shares of such Series issued on reinvestment of
                 dividends).*

         5.      The number of such securities sold during said fiscal year in
                 reliance upon registration pursuant to Rule 24f-2 is
                 64,575,987 shares of the Money Market Series.*


*Calculation of the filing fee is on Page 2 of this Notice.
<PAGE>   2





Securities and Exchange Commission
September 22, 1995
Page 2

<TABLE>
<CAPTION>
                                                                               Aggregate Sale
                                                   Number of Shares          (Redemption) Price
                                                   ----------------          ------------------
<S>                                                   <C>                     <C>
Shares sold during the fiscal
year ended July 31, 1995
  Money Market Series                                  64,575,987             $64,575,987

Aggregate redemptions during the
fiscal year ended July 31, 1995
  Money Market Series                                 (68,916,368)           ($68,916,368)

Aggregate redemptions previously
applied pursuant to Rule 24e-2(a)
  Money Market Series                                     -0-                     -0-      
                                                     --------------          --------------

Net aggregate sales (redemptions)
  Money Market Series                                 (4,340,381)            ($4,340,381)
                                                     ==============          ==============

Amount of filing fee at
one-twenty-ninth of one percent
of net aggregate sales price                                                        -0-     
                                                                             ==============
</TABLE>


                                            CARNEGIE GOVERNMENT SECURITIES TRUST


                                                    /s/Michele R. Fogarty
                                                       Michele R. Fogarty
                                                       Secretary & Treasurer


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