DECHERT PRICE & RHOADS
1500 K St., N.W.
Washington, DC 20005
May 5, 1997
VIA ELECTRONIC TRANSMISSION
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: The MainStay Funds
File Nos. 33-2610 and 811-4550
Dear Sir/Madam:
On behalf of The MainStay Funds, a registered management investment company
(the "Trust"), pursuant to Rule 497(j) under the Securities Act of 1933 (the
"Act"), we hereby certify that the form of prospectus that would have been filed
under Rule 497(c) on behalf of the Trust does not differ from that contained in
the Trust's most recent post-effective amendment, Post-Effective Amendment No.
37 filed April 30, 1997. The text of Post-Effective Amendment No. 37 was filed
electronically. The definitive form of the Trust's Statement of Additional
Information is being filed pursuant to Rule 497(c) under the Act.
Please do not hesitate to contact Jennifer B. McHugh at (202) 626-3370 or
the undersigned at (202) 626-3314 if you have any questions regarding this
certification.
Very truly yours,
Jeffrey L. Steele
