FEDERATED MUNICIPAL SECURITIES FUND, INC.
Federated Investors Funds
5800 Corporate Drive
Pittsburgh, Pennsylvania 15237-7000
July 30, 1998
EDGAR Operations Branch
Securities and Exchange Commission
Division of Investment Management
450 Fifth Street, Northwest
Washington, DC 20549
RE: FEDERATED MUNICIPAL SECURITIES FUND, INC. (the "Trust")
1933 Act File No. 2-57181
1940 Act File No. 811-2677
Dear Sir or Madam:
Pursuant to Rule 497(j) under the Securities Act of 1933, the above-named
Trust hereby certifies that the definitive form of the prospectus and statement
of additional information dated July 31, 1998, that would have been filed under
Rule 497(c), does not differ from the form of the prospectus and statement of
additional information contained in the most recent registration statement for
the Trust. This registration statement was electronically filed under Rule
485(b) as Post-Effective Amendment No. 52 on July 28, 1998.
If you have any questions regarding this certification, please call me at
(412) 288-8634.
Very truly yours,
/s/ Nicholas J. Seitanakis
Nicholas J. Seitanakis
Assistant Secretary
