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SIGNATURE EUGENE L. DESTAEBLER, JR.
TITLE V.P., ADMINISTRATION
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Attachment
Re: Item 77.C.
For period ending (a) 06-30-98
File Number 811-41
SUB-ITEM 77C: Submission of Matters to a vote of Security holders
On March 11, 1998, at an annual meeting of stockholders of General American
Investors Company, Inc., in addition to the election of directors and the
ratification of the selection of auditors, the security holders approved a
proposal to amend the Company's Restated Certificate of Incorporation to
authorize the issuance of preferred stock.
The number of votes cast with respect to the foregoing matter was as
follows: in favor, 13,052,179; against 2,648,689; abstain 641,836.
