COMPOSITE INCOME FUND INC
497J, 1995-05-02
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                                     [Logo]
                                   COMPOSITE
                                 GROUP OF FUNDS
             601 W. MAIN, SUITE 801, SPOKANE, WASHINGTON 99201-0613
                    (509) 353-3400 Toll Free: 1-800-543-8072


VIA EDGAR

May 1, 1995

Securities and Exchange Commission
450 Fifth Street N.W.
Washington, D.C. 20549


RE:      Composite Income Fund, Inc.
         Securities Act of 1933 File No. 2-54998
         Investment Company Act of 1940 File No. 811-2604
         Rule 497(j) Filing


Pursuant to Rule 497(j)  under the  Securities  Act of 1933,  I certify that the
prospectus  and statement of  additional  information  for the above  referenced
registrant  does not differ from that contained in the most recent  registration
statement, which was filed electronically.



Sincerely,




John T. West
Secretary


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