Supplement, dated January 2, 1996, to the prospectuses, dated May 1, 1995, of
Seligman Capital Fund, Inc., Seligman Cash Management Fund, Inc., Seligman
Common Stock Fund, Inc., Seligman Communications and Information Fund, Inc.,
Seligman Growth Fund, Inc., Seligman High Income Fund Series, Inc. and Seligman
Income Fund, Inc. (each, a "Fund").
Seligman Financial Services, Inc. will pay broker/dealers, from its own
resources, an additional fee on assets of certain Class A shares of the Seligman
Funds participating in 401k plans (including the Funds) which are attributable
to the particular broker/dealer. The shares eligible for the fee are those where
either (i) the participating 401k plan has at least $1 million invested in the
Seligman Funds or (ii) the participating 401k plan's employer has at least 100
eligible employees to whom such plan is made available. These shares are
eligible for purchase at net asset value without an initial front-end sales
load. The fee, which is paid monthly, is a percentage of the average daily net
asset value of eligible shares based on the length of time the shares have been
invested in a Seligman Fund, as follows: for shares held up to 1 year, .50% per
annum; for shares held more than 1 year up to 2 years, .25% per annum; for
shares held from 2 years up to 5 years, .10% per annum; and nothing thereafter.
