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DRINKER BIDDLE & REATH LLP
Philadelphia National Bank Building
11th Floor
1345 Chestnut Street
Philadelphia, PA 19107-3496
(215) 988-2700
June 16, 1997
VIA EDGAR TRANSMISSION
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Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: Municipal Fund for California Investors, Inc.
(Registration No. 2-79510; 811-3574)
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Ladies and Gentlemen:
On behalf of Municipal Fund for California Investors, Inc. and
pursuant to Rule 497(c) of the Securities Act of 1933, as amended, I have
filed herewith the Prospectus for the (Pierpont) California Money Fund
(Dollar Shares) dated May 31, 1997. This relates to Post-Effective Amendment
No. 18 to Registration Statement on Form N-1A. If you have any questions
or comments regarding this filing, please do not hesitate to contact me at
(215) 988-2966.
Sincerely,
/s/
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Frances V. Ryan
