SHORT TERM INCOME FUND INC
497J, 1996-01-09
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                       REICH & TANG ASSET MANAGEMENT L.P.
                                600 Fifth Avenue
                            New York, NY 10020-2302




January 9, 1996




VIA EDGAR TRANSMISSION


Securities & Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549

Re:  Short Term Income Fund, Inc.
     Registration Statement No. 2-65315
     File No. 811-2950

Dear Sir or Madam:

As sponsor of the  above-referenced  Fund, we are writing this letter to certify
that:

(1)  the form of Prospectus and Statement of Additional  Information  that would
     have been filed under Rule  497(b) of the  Securities  Act of 1933,  do not
     differ from that contained in the most recent  Post-Effective  Amendment to
     the Registration Statement on Form N-1A (the "Registration Statement"), and

(2)  the text of the most recent Registration Statement was filed electronically
     with the Securities and Exchange Commission on December 22, 1995 and became
     effective on January 2, 1996 pursuant to Rule 485(b).


Short Term Income Fund, Inc.




REICH & TANG ASSET MANAGEMENT L.P.


BY:
     Bernadette N. Finn
     Authorized Signatory




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