Supplement, dated September 18, 1997, to the prospectuses, dated May 1, 1997
                                       of
                       Seligman High-Yield Bond Series and
          Seligman U.S. Government Securities Series (each, a "Series")

      The  following  supplements  the  information  set forth in each Series'
prospectus under "Purchase of Shares."


      There is no minimum investment  required for investors who purchase shares
of the Series through wrap fee programs.





TX4S-9/97



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