U.S.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 24F-2
Annual Notice of Securities Sold
Pursuant to Rule 24f-2
Read instructions at end of Form before preparing Form. Please print or type.
1. Name and address of issuer: Seligman Municipal Fund Series, Inc.
100 Park Avenue
New York, NY 10017
2. The name of each series or class of securities for which this Form is
filed (If the Form is being filed for all series and classes of
securities of the issuer, check the box but do not list series or
classes): [ X ]
3. Investment Company Act File Number: 811-3828
Securities Act File Number: 2-86008
4(a). Last day of fiscal year for which this notice is filed: 09/30/98
4(b). Check box if this Form is being filed late (i.e. more than 90 calendar
days after the end of the issuer's fiscal year). (See Instruction A.2)
[ ]
Note: If the Form is being filed late, interest must be paid on the
registration fee due.
4(c). Check box if this is the last time the issuer will be filing this Form.
[ ]
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5. Calculation of registration fee:
(i) Aggregate sale price of securities sold during
the fiscal year pursuant to section 24 (f): $ 146,040,220
(ii) Aggregate price of securities redeemed or
repurchased during the fiscal year: $ 146,040,220
(iii) Aggregate price of securities redeemed or
repurchased during any PRIOR fiscal year
ending no earlier than October 11, 1995
that were not previously used to reduce
registration fees payable to the Commission: $ -0-
(iv) Total available redemption credits (add
Items 5(ii) and 5(iii): $ 146,040,220
(v) Net Sales - if Item 5(i) is greater than $ -0-
Item 5(iv), subtract Item 5(iv) from
Item 5(i):
(vi) Redemption credits available for use in
future years (If Item 5(i) is less than
Item 5(iv), subtract Item 5(iv) from
Item 5(i): $ -0-
(vii) Multiplier for determining registration
fee (See Instruction C.9): x .000278
(viii) Registration fee due (multiply Item 5(v)
by Item 5(vii) (enter "0" if no fee is due): $ -0-
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6. If the response to item 5(i) was determined by deducting an amount of
securities that were registered under the Securities Act of 1933
pursuant to rule 24e-2 in effect before October 11, 1997, then report
the amount of securities (number of shares or other units) deducted
here: [ - 0 - ]
If there is a number of shares or other units that were registered
pursuant to rule 24e-2 remaining unsold at the end of the fiscal year
for which this form is filed that are available for use by the issuer
in future fiscal years, then state that number here: [ - 0 - ]
7. Interest due -- if this form is being filed more than 90 days after
the end of the issuer's fiscal year (see Instruction D): $ -0-
8. Total of the amount of the registration fee due plus any interest
due (line 5(viii) plus line 7): $ -0-
9. Date the registration fee and interest payment was sent to the
Commission's lockbox depository: 11/23/98
Method of delivery [ X ]Wire Transfer
[ ]Mail or other means
SIGNATURES
This report has been signed below by the following person on behalf of
the issuer and in the capacity and on the date indicated.
By (Signature and Title)
/S/
Thomas G. Rose
Treasurer
Date: November 23, 1998
SELIGMAN MUNICIPAL FUND SERIES, INC.
The undersigned, Treasurer of Seligman Municipal Fund Series, Inc.,
a Maryland corporation (the "Company"), does hereby
certify as follows:
1. From October 1, 1997 through September 30, 1998, the Company
issued an aggregate of 17,789,707 shares of its Capital
Stock, $0.001 par value as follows:
National Series 4,288,760
Colorado Series 660,418
Georgia Series 601,428
Louisiana Series 406,490
Maryland Series 885,888
Massachusetts Series 2,224,074
Michigan Series 1,540,599
Minnesota Series 1,141,773
Missouri Series 414,285
New York Series 1,245,150
Ohio Series 1,296,175
Oregon Series 995,737
South Carolina Series 2,088,930
2. In respect of the issuance of such 17,789,707 shares, the
Company received aggregate cash consideration (net of any
sales commissions) of $144,716,631 as follows:
National Series 34,831,994
Colorado Series 4,951,431
Georgia Series 4,936,484
Louisiana Series 3,392,440
Maryland Series 7,263,041
Massachusetts Series 17,841,616
Michigan Series 13,307,004
Minnesota Series 8,940,040
Missouri Series 3,253,916
New York Series 10,374,354
Ohio Series 10,605,322
Oregon Series 7,859,793
South Carolina Series 17,159,196
3. With respect to each share issued, the Company received cash
consideration not less than the net asset value per
share on the date issued and not less than $0.001.
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4. At no time during the period from October 1, 1997 through
September 30, 1998, were any shares of the Company's
Capital Stock issued and outstanding in excess of the
following numbers of authorized shares:
National Series 100,000,000
Colorado Series 100,000,000
Georgia Series 100,000,000
Louisiana Series 100,000,000
Maryland Series 100,000,000
Massachusetts Series 100,000,000
Michigan Series 100,000,000
Minnesota Series 100,000,000
Missouri Series 100,000,000
New York Series 100,000,000
Ohio Series 100,000,000
Oregon Series 100,000,000
South Carolina Series 100,000,000
In Witness Whereof, I have hereunto signed my name as Treasurer of the
Company.
Date: November 23, 1998
____________/S/____________
Thomas G. Rose
Treasurer
