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Filed Pursuant to Rule 497
Registration File No.: 2-74980
SUPPLEMENT TO THE PROSPECTUSES OF
DEAN WITTER LIMITED TERM MUNICIPAL TRUST DATED JUNE 13, 1997
DEAN WITTER SHORT-TERM BOND FUND DATED JULY 10, 1997
DEAN WITTER INTERMEDIATE TERM U.S. TREASURY TRUST DATED APRIL 30, 1997
DEAN WITTER LIQUID ASSET FUND INC. DATED OCTOBER 18, 1996
DEAN WITTER U.S. GOVERNMENT MONEY MARKET TRUST DATED MARCH 19, 1997
DEAN WITTER TAX-FREE DAILY INCOME TRUST DATED FEBRUARY 24, 1997
DEAN WITTER CALIFORNIA TAX-FREE DAILY INCOME TRUST DATED FEBRUARY 25, 1997
DEAN WITTER NEW YORK MUNICIPAL MONEY MARKET TRUST DATED FEBRUARY 24, 1997
On July 28, 1997, certain other open-end investment companies
("Multi-Class Funds") to which Dean Witter InterCapital Inc. acts as
investment manager began offering their shares in four classes (each, a
Class), each with a different combination of sales charges, ongoing fees and
other features. Each of the Funds listed above (each, a "Fund," and
collectively, the "Funds") will continue to offer one class of shares. In
order to reflect implementation of this multiple class distribution system,
the Prospectus of each Fund is revised as follows:
Under the section "Shareholder Services--Exchange Privilege," (i) the term
"CDSC funds" is amended to mean Dean Witter Global Short-Term Income Fund
Inc., Dean Witter National Municipal Trust, Dean Witter High Income
Securities and Class B of the Multi-Class Funds and, for purposes of
calculating the holding period and the applicable contingent deferred sales
charge ("CDSC") rate, shall also include shares of a Class of a Multi-Class
Fund that are subject to a CDSC; (ii) the term "FESC funds" is amended to
mean Dean Witter Hawaii Municipal Trust, Dean Witter Multi-State Municipal
Series Trust and Class A of the Multi-Class Funds; and (iii) the term
"Exchange Funds" is amended to mean the Funds and Dean Witter Short-Term U.S.
Treasury Trust.
In addition, Class C and Class D shares of the Multi-Class Funds may be
exchanged for shares of the Funds. Such exchanges would be effected on the
same net asset value basis as exchanges from FESC funds and CDSC funds to the
Funds. Shares of the Funds received in an exchange for shares of FESC funds
may no longer be exchanged for shares of CDSC funds. Shares of the Funds
received in an exchange for shares of any Class of a Multi-Class Fund may be
redeemed and exchanged only for shares of the corresponding Class of a
Multi-Class Fund or for shares of one of the other Funds.
July 28, 1997
