DOMINION FUNDS INC
40-17F1, 1999-04-29
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                   U.S. Securities and Exchange Commission
                                       
                           Washington, D.C. 20549
                                FORM N-17f-1
                                       
        Certificate of Accounting of Securities and Similar Investments
              of a Management Investment Company in the Custody of 
                   Members of National Securities Exchanges
                                       
                   Pursuant to Rule 17f-1 [17 CFR 270.17f-1]

1. Investment Company Act File Number:       Date examination completed:

801-811-6727                                 April 14, 1999
 
2. State identification Number:

<TABLE>
<S>            <C>            <C>            <C>            <C>            <C>
- -----------------------------------------------------------------------------------------
AL             AK             AZ             AR             CA             CO
- -----------------------------------------------------------------------------------------
CT             DE             DC             FL             GA             HI
- -----------------------------------------------------------------------------------------
ID             IL             IN             IA             KS             KY
- -----------------------------------------------------------------------------------------
LA             ME             MD             MA             MI             MN
- -----------------------------------------------------------------------------------------
MS             MO             MT             NE             NV             NH
- -----------------------------------------------------------------------------------------
NJ             NM             NY             NC             ND             OH
- -----------------------------------------------------------------------------------------
OK             OR             PA             RI             SC             SD
- -----------------------------------------------------------------------------------------
TN             TX C 41002-003-02   UT        VT             VA             WA
- -----------------------------------------------------------------------------------------
WV             WI             WY             PUERTO RICO
- -----------------------------------------------------------------------------------------
Other (specify):
- -----------------------------------------------------------------------------------------
</TABLE>


3. Exact name of investment company as specified in registration statement:
   Dominion Funds, Inc.
     
4. Name under which business is conducted, if different from above:   
   Dominion Insight Growth Fund
 
5. Address of principal place of business: (number, street, city, state, 
   zip code)
   5000 Quorum Drive, Suite 620, Dallas, Texas  75240

<PAGE>

        DOMINION INSIGHT GROWTH FUND

Certificate of Accounting of Securities in the
Custody of a Member of a National Securities Exchange.

As of March 31, 1999 and
for the three months then ended


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