FEDERATED MUNICIPAL SECURITIES FUND, INC.
Federated Investors Funds
5800 Corporate Drive
Pittsburgh, Pennsylvania 15237-7000
August 3, 1999
EDGAR Operations Branch
Securities and Exchange Commission
Division of Investment Management
450 Fifth Street, Northwest
Washington, DC 20549
RE: FEDERATED MUNICIPAL SECURITIES FUND, INC.
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 prospectus and
statement of additional information dated July 31, 1999, that would have been
filed under Rule 497(c), does not differ from the form of 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.
54 on July 30, 1999.
If you have any questions regarding this certification, please call me
at (412) 288-7404.
Very truly yours,
/s/ Leslie K. Ross
Leslie K. Ross
Assistant Secretary