SPECIAL PORTFOLIOS INC
24F-2NT, 1995-12-21
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RULE 24f-2 NOTICE

FOR

Special Portfolios, Inc.

2-24652

For Fiscal Year Ended
October 31, 1995

Shares registered under the Securities
Act of 1933, other than shares registered
pursuant to this section, which remained 
unsold at the beginning of the above
fiscal year.    0       

Number of shares registered during the 
above fiscal year other than pursuant
to this rule.    0          

Net shares sold during the above
fiscal year.    (278,805)     

Shares registered under the Securities
Act of 1933, other than shares registered 
pursuant to this section, which remained
unsold at the end of the above fiscal year.
     0    

Net aggregate amount sold during the above
year in reliance upon registration
pursuant to this rule. $(4,785,291)    

Sales Proceeds           19,209,859    
Redeemed Value           23,995,150    
Redeemed Value Used      (4,785,291)   
Divided by 2900 =           - 0 -      

Dated:  December 19, 1995

       /s/                             
Tamara L. Fagely
Treasurer




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