SMITH BARNEY SHEARSON DAILY DIVIDEND FUND INC
497, 1994-10-19
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SMITH BARNEY SHEARSON

CALIFORNIA MUNICIPAL MONEY MARKET FUND
DAILY DIVIDEND FUND INC.
GOVERNMENT AND AGENCIES FUND INC.
NEW YORK MUNICIPAL MONEY MARKET FUND

Supplement to Prospectuses*

	The following information modifies the disclosure in the 
Prospectus of each of the funds above (each a "Fund"):

		Current Name				New Name

	Smith Barney Shearson			Smith Barney California 
	  California Municipal			  Municipal Money
	  Money Market Fund			  Market Fund
	Smith Barney Shearson			Smith Barney Daily
	  Daily Dividend Fund Inc.		  Dividend Fund
	  Inc.					  Inc.
	Smith Barney Shearson			Smith Barney
	  Government and			  Government and
	  Agencies Fund Inc.			  Agencies Fund Inc.
	Smith Barney Shearson			Smith Barney New
	  New York Municipal			  York Municipal
	  Money Market Fund			  Money Market Fund

                                    
Supplement dated: October 14, 1994
* Prospectuses dated:
	California Muncipal Money
	  Market Fund				12/30/93
	Daily Dividend Fund Inc.		05/30/94
	Government and Agencies
	  Fund Inc.				11/29/93
	New York Municipal Money
	  Market Fund				12/30/93


s:\domestic\users\amw\supple.doc





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