DCS CAPITAL CORP
15-12G, 1995-03-23
SHORT-TERM BUSINESS CREDIT INSTITUTIONS
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               SECURITIES AND EXCHANGE COMMISSION
                                
                     Washington, D.C. 20549
                                
                             FORM 15
                                
Certification and Notice of Termination of Registration under
Section 12(g) of the Securities Exchange  Act of 1934 or
Suspension of Duty to File Reports Under Sections 13 and 15(d) of
the Securities Exchange Act of 1934.

                                                   2-85622
                         Commission File Number

                     DCS CAPITAL CORPORATION

     (Exact name of registrant as specified in its charter)
                                
    2030 Dow Center, Midland, MI 48674 - Phone: 517-636-1000

  (Address, including zip code, and telephone number, including
                   area code, of registrant's
                  principal executive offices)

                12.375% Series B Notes, Due 1996

    (Title of each class of securities covered by this Form)

                              None

 (Titles of all other classes of securities for which a duty to
                file reports under section 13(a)
                        or 15(d) remains)
                                
  Please place an X in the box(es) to designate the appropriate
rule provision(s) relied upon to
terminate or suspend the duty to file reports:

             Rule 12g-4(a)(1)(i)     [  ]       Rule 12h-3(b)(1)(ii)     [  ]
             Rule 12g-4(a)(1)(ii)    [  ]       Rule 12h-3(b)(2)(i)      [  ]
             Rule 12g-4(a)(2)(i)     [  ]       Rule 12h-3(b)(2)(ii)     [  ]
             Rule 12g-4(a)(2)(ii)    [  ]       
             Rule 12h-3(b)(1)(i)     [  ]       Rule 15d-6                [X]

  Approximate number of holders of record as of the certification
or notice date:

  One


  Pursuant to the requirements of the Securities Exchange Act of
1934 DCS Capital Corporation has caused this certification/notice
to be signed on its behalf by the undersigned duly authorized
person.

DATE:                    BY:

J. P. Reinhard, President






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