SAFECARD SERVICES INC
NT 10-Q, 1994-06-14
BUSINESS SERVICES, NEC
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               SECURITIES AND EXCHANGE COMMISSION

                    WASHINGTON, D.C.  20549

                         FORM 12b-25


                                                                  
                                                SEC File Number
                                                        1-10411

                                                                  
                                                   CUSIP Number
                                                    786421-10-7


                 NOTIFICATION OF LATE FILING


[ ] Form 10-K    [ ] Form 11-K    [ ] Form 20-F    [X] Form 10-Q 
[ ] Form N-SAR

For Period Ended:  April 30, 1994


        Nothing in this form shall be construed to imply that the
Commission has verified any information contained herein.


Part I - Registrant Information
- - -------------------------------

  Full Name of Registrant:                SafeCard Services, Inc.

  Address of Principal Executive Office:  3001 E. Pershing Blvd.
                                          Cheyenne,  WY  82001


Part II - Rules 12b-25(b) and (c)
- - ---------------------------------

     (a)  The reasons described in Part III of this form could    
          not be eliminated without unreasonable effort or
          expense;

[X]  (b)  The subject quarterly report will be filed on or
          before the fifth calendar day following the prescribed
          due date; and

     (c)  The accountant's statement or other exhibit required by
          Rule 12b-25 (c) has been attached if applicable.


Part III - Narrative
- - --------------------

    The Form 10-Q for the second quarter ended April 30, 1994
could not be filed within the prescribed time period without
unreasonable effort and expense because of the recent change in
senior management, which included certain personnel who are
involved in preparation of the Form 10-Q.



Part IV - Other Information
- - ---------------------------

  (1)  Name and telephone number of person to contact in regard
to this notification.

            G. Thomas Frankland   (904) 273-3000

    (2)  Have all other periodic reports required under section
13 or 15(d) of the Securities Exchange Act of 1934 or Section 30
of the Investment Company Act of 1940 during the preceding 12
months or for such shorter period that the registrant was
required to file such report(s) been filed?  If the answer
is no, identify report(s).

       [X] Yes                      [ ] No

    (3)  Is it anticipated that any significant change in results
of operations for the current quarter from the corresponding
period for the last fiscal year will be reflected by the earnings
statements to be included in the subject report or portion
thereof?

       [ ] Yes                      [X] No

    If so, attach an explanation of the anticipated change, both
narratively and quantitatively, and, if appropriate, state the
reasons why a reasonable estimate of the results cannot be made.


                   Not applicable.





                  SafeCard Services, Inc.

has caused this notification to be signed on its behalf by the
undersigned thereunto duly authorized.





Date:  June 14, 1994                     G. THOMAS FRANKLAND      
                                         -------------------
                                         G. Thomas Frankland
                                         Vice Chairman and        
                                         Chief Financial Officer  
 
                                                                
                                                                



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