Supplement, dated April 15, 1997 to the prospectuses, dated April 22,
1996, of
Seligman Capital Fund, Inc.,
Seligman Common Stock Fund, Inc.,
Seligman Communications and Information Fund, Inc.,
Seligman Growth Fund, Inc.,
and
Seligman Income Fund, Inc. (each a "Fund")
The following replaces the first sentence under the heading "Shareholder
Information" in each Fund's prospectus:
Shareholders will be sent reports semi-annually regarding the Fund.
-----------------------------
The following supplements the information set forth in each Fund's
prospectus under "Purchase of Shares--Special Programs".
The 1% CDSL normally imposed on redemptions of certain Class A shares
(i.e., those purchased during the preceding eighteen months at net asset value
pursuant to the sales load schedule provided under "Class A Shares--Initial
Sales Load") will be waived on shares that were purchased through Dean Witter
Reynolds, Inc. ("Dean Witter") by certain Chilean institutional investors (i.e.,
pension plans, insurance companies and mutual funds). Upon redemption of such
shares within an eighteen month period, Dean Witter will reimburse SFSI a pro
rata portion of the fee it received from SFSI at the time of sale of such
shares.
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The following supplements the information set forth in each Fund's
prospectus under "Purchase of Shares--Contingent Deferred Sales Load".
For the period from the date Seligman Global Horizon Funds (the "Offshore
Fund") commences offering its shares, until May 31, 1997, SFSI will reimburse
any CDSL charged upon the redemption of Class B or Class D shares of any
Seligman Mutual Fund by a non-U.S. resident alien investor who uses the
redemption proceeds to purchase Class B or Class A shares, respectively, of the
Offshore Fund through Merrill Lynch, Pierce, Fenner & Smith Incorporated, or any
of its affiliates (collectively, "Merrill Lynch"). Merrill Lynch will, in turn,
reimburse SFSI for the amount of CDSL so reimbursed by it over a period of four
years.
EQ1S-4/97
