SCUDDER GLOBAL FUND INC
497, 1996-11-07
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SCUDDER



Scudder Development Fund
Scudder Global Fund
Scudder Gold Fund
Scudder International Bond Fund
Scudder U.S. Treasury Money Fund





Supplement to Prospectuses
Dated November 1, 1996

Until January 1, 1997,  the initial  investment and minimum  account  balance is
$1,000  for  regular  accounts  and $500 for  fiduciary  accounts  such as IRAs.
Effective  January 1, 1997,  the  initial  investment  and the  minimum  account
balance for regular accounts will increase from $1,000 to $2,500. The subsequent
minimum  investment  will  remain at $100.  The initial  investment  and minimum
account  balance for fiduciary  accounts such as IRAs will increase from $500 to
$1,000 per fund account,  and the subsequent  minimum  investment will remain at
$50. 

Please refer to Transaction information -- Minimum balances for more information
on these new account minimums.







November 1, 1996                                                       DISAP-116
                                                             MIS07/18/19/59/67PS
                                                                        SUYY1196

<PAGE>





SCUDDER




                                                                November 1, 1996

Dear Scudder Investor,

   On the reverse side,  you'll find a prospectus  supplement that explains some
important  information  about Scudder  Development  Fund,  Scudder  Global Fund,
Scudder Gold Fund,  Scudder  International  Bond Fund and Scudder U.S.  Treasury
Money Fund. In the Transaction  Information  section of each prospectus,  you'll
find that the account minimum and initial  investment  amounts have been raised.
We're  writing to let you know that these  changes will not go into effect until
January 1, 1997.  Until January 1, the initial  investment  and minimum  account
balance  will  remain at $1,000  for  regular  accounts  and $500 for  fiduciary
accounts. Please keep this supplement with your prospectus and call us toll-free
at 1-888-815-1840 if you have any questions. We will be happy to help you.

Sincerely,

/s/David S. Lee

David S. Lee
President, Scudder Investor Services, Inc.




This  letter  is for  explanatory  purposes  and is not  part of the  prospectus
supplement on the reverse side.

                                  (over please)




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