CRANBROOK FUNDS
24F-2NT, 1998-01-29
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                    U.S. SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549

                                  FORM 24f-2
                       Annual Notice of Securities Sold
                            Pursuant to Rule 24f-2
Read Instructions at end of Form before preparing Form.

1. Name and address of issuer:  CRANBROOK FUNDS
                                300 River Place, Suite 4000
                                Detroit, Michigan 48207
2. Name of each series or class of funds for which this notice is filed (if
the Form is being filed for all series and classes of securities of the
issuer, check the box but do not list series or classes): 
               [ ]
3. Investment Company Act File Number:  811-8908
   Securities Act File Number:           33-87488

4(a). Last day of fiscal year for which this Form is filed: 
                          OCTOBER 31

4(b). Check box if this Form is being filed late (i.e., more than 90
calendar days after the end of the issuer's fiscal year)(se Instruction A.2)
               [ ]

Note:  If the Form is being filed late, interest must be paid on the
registration fee due.

4(c). Check box if this is the last time the issuer will be filing this
Form.
               [ ]

5. Calculation of registration fee:

(i) Aggregate sale price of securities sold during the fiscal year pursuant
to Rule 24f-2:                          $1,241,345,114

(ii) Aggregate price of shares redeemed or repurchased during the fiscal
year:                                   $1,694,172,414

(iii) Aggregate price of shares redeemed or repurchased during any prior
fiscal year ending no earlier than October 11, 1995 that were not previously
used to reduce registration fees payable to the Commission:
                                        $            0

(iv) Total available redemption credits [add Items 5(ii) and 5(iii)]
                                        $1,694,172,414

(v) Net sales--if Item 5(i) is greater that Item 5(iv) [subtract Item
5(iv)from Item 5(i)]:                   $            0

(vi) Redemption credits available for use in future years--if Item 5(i) is
less than Item 5(iv)[subtract Item 5(iv)from Item 5(i):
                                        $  452,827,300

(vii) Multiplier for determining registration fee (See Instruction C.9):
                                      X        0.0295%

(viii) Registration fee due [multiply Item 5(v) by Item 5(vii)](enter "0" if
no fee is due:                        = $            0

6. Prepaid shares

If the response to Item 5(i) was determined by deducting an amount of
securities that were registered under the Securities Act of 1933 pursuant to
Rule 24e-2 as in effect before October 11, 1997, the report the amount of
securities (number of shares or other units) deducted here:      n/a.   If
there is a number of shares or other units that were registered pursuant to
Rule 24e-2 remaining unsold at the end of the fiscal year for which this
Form is filed that are available for use by the issuer in future years, then
state that number here:     n/a

7. Interest due -- if this Form is being filed more than 90 days after the
end of the issuer's fiscal year (See Instruction D):
                                                                             
                                     + $            0
8. Total of the amount of the registration fee due plus any interest due
[line 5(viii) plus line 7]:
                                     = $            0

9. Date the registration fee and any interest payment was sent to the
Commission's lockbox depository:
                                                  n/a

Method of Delivery: Wire transfer        [ ] 
                    Mail or other means  [ ]

                                  SIGNATURES

This report has been signed below by the following persons on behalf of the
issuer and in the capacities and on the dates indicated.

By (Signature and Title):*/S/ CHARLES M. GRIMLEY
                              Charles M. Grimley, Treasurer
Date: January 29, 1998
*Please print the name and title of the signing officer below the signature.



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