Supplement, dated December 16, 1997, to the prospectuses, dated May 1, 1997, of
Seligman Cash Management Fund, Inc. (the "Fund")
The following supersedes the information set forth in the Fund's
prospectus under "Purchase of Shares--Contingent Deferred Sales Load."
For accounts established after January 1, 1998, the CDSL will be
waived or reduced on distributions from a custodial account under
section 403(b)(7) of the Code or an individual retirement account
("IRA"), due to death, disability, or minimum distribution requirements
after age 70 1/2.
TXCM1S-12/97
