DECHERT PRICE & RHOADS
1775 EYE STREET, N.W.
WASHINGTON, D.C. 20006
(202) 261-3300
September 3, 1998
VIA ELECTRONIC TRANSMISSION
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20005
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"), we hereby certify that, pursuant to Rule 497(j) under the
Securities Act of 1933 (the "Act"), the forms of prospectuses that would have
been filed under Rule 497(c) on behalf of the Trust do not differ from those
contained in the Trust's most recent post-effective amendment, Post-Effective
Amendment No. 48, filed August 28, 1998. The text of Post-Effective Amendment
No. 48 was filed electronically (accession no. 0000950130-98-004280). 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 me at (202) 261-3409 or Jeffrey L.
Steele at (202) 261-3314 if you have any questions regarding the attached
filing.
Sincerely,
/s/ William J. Kotapish
WILLIAM J. KOTAPISH
