<PAGE>
Long Term Portfolio Series 113
File No. 33-21632
Investment Company Act No. 811-3676
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
POST-EFFECTIVE AMENDMENT NO. 6
TO FORM S-6
For Registration Under the Securities Act of 1933 of Securities
of Unit Investment Trusts Registered on Form N-8B-2
A. Exact name of Trust:
DEAN WITTER SELECT MUNICIPAL TRUST
LONG TERM PORTFOLIO SERIES 113
B. Name of Depositor:
DEAN WITTER REYNOLDS INC.
C. Complete address of Depositor's principal executive
office:
DEAN WITTER REYNOLDS INC.
Two World Trade Center
New York, New York 10048
D. Name and complete address of agent for service:
Mr. Michael D. Browne
Dean Witter Reynolds Inc.
Unit Trust Department
Two World Trade Center, 59th Floor
New York, New York 10048
Copy to:
Kenneth W. Orce, Esq.
Cahill Gordon & Reindel
80 Pine Street
New York, New York 10005
/x/ Check box if it is proposed that this filing should
become effective immediately upon filing pursuant to
paragraph(b) of Rule 485.
<PAGE>
Cross Reference Sheet
Pursuant to Rule 404(c) of Regulation C
under the Securities Act of 1933
(Form N-8B-2 Items required by Instruction 1
as to Prospectus on Form S-6)
Form N-8B-2 Form S-6
Item Number Heading in Prospectus
I. Organization and General Information
1. (a) Name of Trust Front Cover
(b) Title of securities issued
2. Name and address of Depositor Table of Contents
3. Name and address of Trustee Table of Contents
4. Name and address of principal Table of Contents
Underwriter
5. Organization of Trust Introduction
6. Execution and termination of Introduction; Amendment
Indenture and Termination of the
Indenture
7. Changes of name *30
8. Fiscal Year Included in Form N-8B-2
9. Litigation *30
II. General Description of the Trust
and Securities of the Trust
10. General Information regarding
Trust's Securities and Rights
of Holders
(a) Type of Securities Rights of Unit Holders
(Registered or Bearer)
(b) Type of Securities Administration of the
(Cumulative or Trust-Distribution
Distributive)
__________________
*30 Not applicable, answer negative or not required.
<PAGE>
Form N-8B-2 Form S-6
Item Number Heading in Prospectus
(c) Rights of Holders as to Redemption; Public
Withdrawal or Redemption Offering of Units-
Secondary Market
(d) Rights of Holders as to Public Offering of
conversion, transfer, etc. Units-Secondary Market;
Exchange Option;
Redemption; Rights of
Unit Holders-
Certificates
(e) Lapses or defaults with *30
respect to periodic
payment plan certificates
(f) Voting rights as to Rights of Unit Holders-
Securities under the Certain Limitations
Indenture
(g) Notice to Holders as to Amendment and
change in: Termination of the
Indenture
1) Assets of Trust Administration of the
Trust-Reports to Unit
Holders; The Trust-
Summary Description of
the Portfolios
2) Terms and Conditions Amendment and
of Trust's Securities Termination of the
Indenture
3) Provisions of Trust Amendment and
Termination of the
Indenture
4) Identity of Depositor Sponsor; Trustee
and Trustee
(h) Security Holders' consent
required to change:
1) Composition of assets Amendment and
of Trust Termination of the
Indenture
__________________
*30 Not applicable, answer negative or not required.
<PAGE>
Form N-8B-2 Form S-6
Item Number Heading in Prospectus
2) Terms and conditions Amendment and
of Trust's Securities Termination of the
Indenture
3) Provisions of Amendment and
Indenture Termination of the
Indenture
4) Identity of Depositor *30
and Trustee
(i) Other Provisions Cover of Prospectus;
Tax Status
11. Type of securities comprising The Trust-Summary
units Description of the
Portfolios; Objectives
and Securities
Selection; The Trust-
Special Considerations
12. Type of securities comprising *30
periodic payment certificates
13. (a) Load, fees, expenses, etc. Summary of Essential
Information; Public
Offering of Units-
Public Offering Price;-
Profit of Sponsor;-
Volume Discount;
Expenses and Charges
(b) Certain information *30
regarding periodic payment
certificates
(c) Certain percentages Summary of Essential
Information; Public
Offering of Units-
Public Offering Price;-
Profit of Sponsor;-
Volume Discount
(d) Price differentials Public Offering of
Units - Public Offering
Price
__________________
*30 Not applicable, answer negative or not required.
<PAGE>
Form N-8B-2 Form S-6
Item Number Heading in Prospectus
(e) Certain other fees, etc. Rights of Unit Holders
payable by holders - Certificates
(f) Certain profits receivable Redemption -- Purchase
by depositor, principal by the Sponsors of
underwriters, trustee or Units Tendered for
affiliated persons Redemption
(g) Ratio of annual charges to *30
income
14. Issuance of trust's securities Introduction; Rights of
Unit Holders -
Certificates
15. Receipt and handling of Public Offering of
payments from purchasers Units-Profit of Sponsor
16. Acquisition and disposition of Introduction; Amendment
underlying securities and Termination of the
Indenture; Objectives
and Securities
Selection; The Trust-
Summary Description of
the Portfolio; Sponsor-
Responsibility
17. Withdrawal or redemption by Redemption; Public
Security Holders Offering of
Units-Secondary Market
18. (a) Receipt and disposition of Administration of the
income Trust; Reinvestment
Programs
(b) Reinvestment of Reinvestment Programs
distributions
(c) Reserves or special fund Administration of the
Trust-Distribution
(d) Schedule of distribution *30
__________________
*30 Not applicable, answer negative or not required.
<PAGE>
Form N-8B-2 Form S-6
Item Number Heading in Prospectus
19. Records, accounts and report Administration of the
Trust-Records and
Accounts;-Reports to
Unit Holders
20. Certain miscellaneous Amendment and
provisions of the Indenture Termination of the
Indenture; Sponsor -
Limitation on Liability
- Resignation; Trustee
-- Limitation on
Liability - Resignation
21. Loans to security holders *30
22. Limitations on liability Sponsor, Trustee;
Evaluator - Limitation
on Liability
23. Bonding arrangements Included on Form N-8B-2
24. Other material provisions of *30
the Indenture
III. Organization Personnel and
Affiliated Persons of Depositor
25. Organization of Depositor Sponsor
26. Fees received by Depositor Expenses and Charges -
Fees; Public Offering
of Units-Profit of
Sponsor
27. Business of Depositor Sponsor and Included in
Form N-8B-2
28. Certain information as to Included in Form N-8B-2
officials and affiliated
persons of Depositor
29. Voting securities of Depositor Included in Form N-8B-2
30. Persons controlling Depositor *30
__________________
*30 Not applicable, answer negative or not required.
<PAGE>
Form N-8B-2 Form S-6
Item Number Heading in Prospectus
31. Payments by Depositor for *30
certain other services
32. Payments by Depositor for *30
certain other services rendered
to trust
33. Remuneration of employees of *30
Depositor for certain services
rendered to trust
34. Remuneration of other persons *30
for certain services rendered
to trust
IV. Distribution and Redemption of Securities
35. Distribution of trust's Public Offering of
securities by states Units-Public
Distribution
36. Suspension of sales of trust's *30
securities
37. Revocation of authority to *30
distribute
38. (a) Method of distribution Public Offering of
(b) Underwriting agreements Units
(c) Selling agreements
39. (a) Organization of principal Sponsor
underwriter
(b) N.A.S.D. membership of
principal underwriter
40. Certain fees received by Public Offering of
principal underwriter Units-Profit of Sponsor
41. (a) Business of principal Sponsor
underwriter
(b) Branch officers of *30
principal underwriter
__________________
*30 Not applicable, answer negative or not required.
<PAGE>
Form N-8B-2 Form S-6
Item Number Heading in Prospectus
(c) Salesman of principal *30
underwriter
42. Ownership of trust's securities *30
by certain persons
43. Certain brokerage commissions *30
received by principal
underwriter
44. (a) Method of valuation Public Offering of
Units
(b) Schedule as to offering *30
price
(c) Variation in offering Public Offering of
price to certain persons Units--Volume Discount;
Exchange Option
45. Suspension of redemption rights *30
46. (a) Redemption valuation Public Offering of
Units-Secondary Market;
Redemption
(b) Schedule as to redemption *30
price
47. Maintenance of position in See items 10(d), 44 and
underlying securities 46
V. Information concerning the Trustee or Custodian
48. Organization and regulation of Trustee
Trustee
49. Fees and expenses of Trustee Expenses and Charges
50. Trustee's lien Expenses and Charges
VI. Information concerning Insurance
of Holders of Securities
51. (a) Name and address of *30
Insurance Company
__________________
*30 Not applicable, answer negative or not required.
<PAGE>
Form N-8B-2 Form S-6
Item Number Heading in Prospectus
(b) Type of policies *30
(c) Type of risks insured and *30
excluded
(d) Coverage of policies *30
(e) Beneficiaries of policies *30
(f) Terms and manner of *30
cancellation
(g) Method of determining *30
premiums
(h) Amount of aggregate *30
premiums paid
(i) Who receives any part of *30
premiums
(j) Other material provisions *30
of the Trust relating to
insurance
VII. Policy of Registrant
52. (a) Method of selecting and Introduction;
eliminating securities Objectives and
from the Trust Securities Selection;
The Trust - Summary
Description of the
Portfolio; Sponsor -
Responsibility
(b) Elimination of securities *30
from the Trust
(c) Policy of Trust regarding Introduction;
substitution and Objectives and
elimination of securities Securities Selection;
Sponsor -
Responsibility
__________________
*30 Not applicable, answer negative or not required.
<PAGE>
Form N-8B-2 Form S-6
Item Number Heading in Prospectus
(d) Description of any *30
fundamental policy of the
Trust
53. Taxable status of the Trust Cover of Prospectus;
Tax Status
VIII. Financial and Statistical Information
54. Information regarding the *30
Trust's past ten fiscal years
55. Certain information regarding *30
periodic payment plan
certificates
56. Certain information regarding *30
periodic payment plan
certificates
57. Certain information regarding *30
periodic payment plan
certificates
58. Certain information regarding *30
periodic payment plan
certificates
59. Financial statements Statement of Financial
(Instruction 1(c) to Form S-6) Condition
__________________
*30 Not applicable, answer negative or not required.
<PAGE>
LOGO
DEAN WITTER SELECT
MUNICIPAL TRUST
LONG TERM PORTFOLIO SERIES 113
(A Unit Investment Trust)
_______________________________________________________________
This Trust was formed for the purpose of providing interest
income which in the opinion of bond counsel is, under existing
law, excludable from gross income for Federal income tax
purposes (except in certain instances depending on the Unit
Holders) through investment in a fixed portfolio consisting
primarily of investment grade long-term state, municipal and
public authority debt obligations. The value of the Units of
the Trust will fluctuate with the value of the portfolio of
underlying Securities. Minimum Purchase: 1 Unit.
_______________________________________________________________
This Prospectus consists of two parts. Part A contains a
Summary of Essential Information and descriptive material
relating to the Trust, and the portfolio and financial
statements of the Trust. Part B contains a general description
of the Trust. Part A may not be distributed unless accompanied
by Part B.
_______________________________________________________________
The Initial Public Offering of Units in the Trust has been
completed. The Units offered hereby are issued and outstanding
Units which have been acquired by the Sponsor either by
purchase from the Trustee of Units tendered for redemption or
in the Secondary Market.
_______________________________________________________________
Sponsor: LOGO DEAN WITTER REYNOLDS INC.
_______________________________________________________________
THESE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE
SECURITIES AND EXCHANGE COMMISSION OR ANY STATE SECURITIES
COMMISSION NOR HAS THE SECURITIES AND EXCHANGE COMMISSION OR
ANY STATE SECURITIES COMMISSION PASSED UPON THE ACCURACY OR
ADEQUACY OF THIS PROSPECTUS. ANY REPRESENTATION TO THE
CONTRARY IS A CRIMINAL OFFENSE.
_______________________________________________________________
Read and retain both parts of this Prospectus for future
reference.
<PAGE>
Units of the Trust are not deposits or obligations of, or
guaranteed or endorsed by, any bank, and the Units are not
federally insured by the Federal Deposit Insurance Corporation,
Federal Reserve Board, or any other agency.
Prospectus Part A dated September 25, 1997
<PAGE>
THIS PROSPECTUS DOES NOT CONTAIN ALL OF THE INFORMATION WITH
RESPECT TO THE INVESTMENT COMPANY SET FORTH IN ITS REGISTRATION
STATEMENT AND EXHIBITS RELATING THERETO WHICH HAVE BEEN FILED
WITH THE SECURITIES AND EXCHANGE COMMISSION, WASHINGTON, D.C.,
UNDER THE SECURITIES ACT OF 1933 AND THE INVESTMENT COMPANY ACT
OF 1940, AND TO WHICH REFERENCE IS HEREBY MADE.
DEAN WITTER SELECT MUNICIPAL TRUST
LONG TERM PORTFOLIO SERIES 113
TABLE OF CONTENTS
Page
PART A
Table of Contents................................ A-1
Summary of Essential Information................. A-3
Independent Auditor's Report..................... F-1
PART B
Introduction..................................... 1
The Trust........................................ 2
Special Considerations...................... 2
Summary Description of the Portfolios....... 3
Insurance on the Securities in an Insured Trust.. 21
Objectives and Securities Selection.............. 25
The Units........................................ 26
Tax Status....................................... 27
Public Offering of Units.................... 32
Public Offering Price....................... 32
Public Distribution......................... 33
Secondary Market............................ 34
Profit of Sponsor........................... 35
Volume Discount............................. 35
Exchange Option.................................. 36
Reinvestment Programs............................ 37
Redemption....................................... 38
Tender of Units............................. 38
Computation of Redemption Price per Unit.... 39
Purchase by the Sponsor of Units Tendered
for Redemption ............................ 39
Rights of Unit Holders........................... 40
Certificates................................ 40
Certain Limitations......................... 40
Expenses and Charges............................. 40
Initial Expenses............................ 40
Fees........................................ 40
Other Charges............................... 41
A-1
<PAGE>
Page
Administration of the Trust...................... 42
Records and Accounts........................ 42
Distribution................................ 42
Distribution of Interest and Principal...... 42
Reports to Unit Holders..................... 44
Sponsor.......................................... 45
Trustee.......................................... 47
Evaluator........................................ 48
Amendment and Termination of the Indenture....... 49
Legal Opinions................................... 50
Auditors......................................... 50
Bond Ratings..................................... 50
Federal Tax Free vs. Taxable Income.............. 54
Sponsor:
Dean Witter Reynolds Inc.
Two World Trade Center
New York, New York 10048
Evaluator:
Kenny S&P Evaluation Services
A Division of J.J. Kenny Co., Inc.
65 Broadway
New York, New York 10006
Trustee:
The Chase Manhattan Bank
270 Park Avenue
New York, New York 10017
NO PERSON IS AUTHORIZED TO GIVE ANY INFORMATION OR TO MAKE ANY
REPRESENTATIONS WITH RESPECT TO THIS INVESTMENT COMPANY NOT
CONTAINED IN THIS PROSPECTUS; AND ANY INFORMATION OR
REPRESENTATION NOT CONTAINED HEREIN MUST NOT BE RELIED UPON AS
HAVING BEEN AUTHORIZED. THIS PROSPECTUS DOES NOT CONSTITUTE AN
OFFER TO SELL, OR A SOLICITATION OF AN OFFER TO BUY, SECURITIES
IN ANY STATE TO ANY PERSON TO WHOM IT IS NOT LAWFUL TO MAKE
SUCH OFFER IN SUCH STATE.
A-2
<PAGE>
<TABLE>
<CAPTION>
SUMMARY OF ESSENTIAL INFORMATION
DEAN WITTER SELECT MUNICIPAL TRUST
LONG TERM PORTFOLIO SERIES 113
As of July 31, 1997
<S> <C> <S> <C>
FACE AMOUNT OF SECURITIES $3,130,000.00 DAILY RATE AT WHICH ESTIMATED NET
INTEREST ACCRUES PER UNIT .0176%
NUMBER OF UNITS 3,274 ESTIMATED CURRENT RETURN (based on
Public Offering Price)<F2> 5.976%
FRACTIONAL UNDIVIDED INTEREST IN THE ESTIMATED LONG TERM RETURN (based on
TRUST REPRESENTED BY EACH UNIT 1/3,274th Public Offering Price)<F2> 4.218%
MONTHLY INTEREST DISTRIBUTIONS
PUBLIC OFFERING PRICE
Estimated net annual interest rate
Aggregate bid side evaluation per Unit times $1,000 $63.40
of Securities in the Trust $3,375,719.00 Divided by 12 $ 5.28
Divided by 3,274 Units $ 1,031.07 RECORD DATE: The ninth day of each month
Plus sales charge of 2.817% of DISTRIBUTION DATE: The fifteenth
Public Offering Price (2.899% day of each month
of net amount invested in
Securities) 29.89 MINIMUM PRINCIPAL DISTRIBUTION: No
distribution need be made from the
Public Offering Price per Unit 1,060.96 Principal Account if balance therein
is less than $1 per Unit outstanding
Plus undistributed principal
and net investment income TRUSTEE'S ANNUAL FEE AND EXPENSES
and accrued interest 22.40<F1> (including estimated expenses and
Evaluator's fee) $1.59 per $1,000
Adjusted Public Offering Price $ 1,083.36 face amount of underlying Securities $ 1.59
SPONSOR'S REPURCHASE PRICE AND SPONSOR'S ANNUAL PORTFOLIO SUPERVISION
REDEMPTION PRICE PER UNIT FEE: Maximum of $.25 per $1,000
(based on bid side evaluation of face amount of underlying Securities .25
underlying Securities, $29.89
less than Adjusted Public TOTAL ESTIMATED ANNUAL EXPENSES
Offering Price per Unit) $ 1,053.47 PER UNIT $ 1.84
EVALUATOR'S FEE FOR EACH EVALUATION: Minimum of
CALCULATION OF ESTIMATED NET $8.00 plus $.25 for each issue of underlying
ANNUAL INTEREST RATE PER UNIT Securities in excess of 50 issues (treating
(based on face amount of $1,000 separate maturities as separate issues)
per Unit)
EVALUATION TIME: 4:00 P.M. New York Time
Annual interest rate per Unit 6.524%
MANDATORY TERMINATION DATE: January 1, 2041
Less estimated annual expenses per
Unit ($1.84) expressed as a
percentage .184% DISCRETIONARY LIQUIDATION AMOUNT: The Trust
may be terminated by the Sponsor if the
Estimated net annual interest rate value of the portfolio of the Trust at any
per Unit 6.340% time is less than $2,000,000.
<F1>Figure shown includes interest accrued (net of expenses) on the underlying Securities to the expected
date of settlement (normally three business days after purchase) for Units purchased on July 31, 1997.
<F2>The estimated current return and estimated long term return are increased for transactions entitled to a
reduced sales charge. (See: "Estimated Annual Income and Current Return Per Unit" and "Public Offering of
Units - Volume Discount" in Part B of this Prospectus.)
A-3
</TABLE>
<PAGE>
SUMMARY OF ESSENTIAL INFORMATION
(Continued)
THE TRUST -- The Dean Witter Select Municipal Trust,
Long Term Portfolio Series 113 (the "Trust") is a unit
investment trust which was created on August 1, 1991 (the "Date
of Deposit"), and is composed of "investment grade"
interest-bearing municipal bonds (the "Securities"). (For a
description of the meaning of "investment grade" securities,
see: "Bond Ratings", in Part B.) The objectives of the Trust
are: (1) the receipt of income which, under existing law, is
excludable from gross income for Federal income tax purposes
(except in certain instances depending on the Unit Holders);
and (2) the conservation of capital. The payment of interest
and the preservation of principal in the Trust is dependent on
the continuing ability of the respective Issuers of the
Securities to meet their obligations to pay principal and
interest. Therefore, there is no guarantee that the objectives
of the Trust will be achieved. All of the Securities are
obligations of states or of the counties, municipalities or
public authorities thereof. Interest on the Securities, in the
opinion of bond counsel or special tax counsel to the Issuers
thereof, under existing law, is excludable from gross income
for Federal income tax purposes (except in certain instances
depending on the Unit Holders). (For a discussion of certain
tax aspects of the Trust, see: "Tax Status", in Part B.)
OFFERS TO SELL OR THE SOLICITATION OF ORDERS TO BUY
MAY ONLY BE MADE IN THOSE JURISDICTIONS IN WHICH THE UNITS OF
THIS TRUST HAVE BEEN REGISTERED. INVESTORS SHOULD CONTACT
ACCOUNT EXECUTIVES OF THE SPONSOR TO DETERMINE WHETHER THE
UNITS OF THIS TRUST HAVE BEEN REGISTERED FOR SALE IN THE STATE
IN WHICH THEY RESIDE.
MONTHLY DISTRIBUTIONS -- Monthly distributions of
principal, premium, if any, and interest received by the Trust
will be made on or shortly after the fifteenth day of each
month to Unit Holders of record on the ninth day of such month.
Alternatively, Unit Holders may elect to have their monthly
distributions reinvested in either of the Reinvestment Programs
of the Sponsor. (See: "Reinvestment Programs", in Part B.)
PUBLIC OFFERING PRICE -- The Public Offering Price
per Unit of the Trust is calculated daily, and is equal to the
aggregate bid side evaluation of the underlying Securities,
divided by the number of Units outstanding, plus a sales charge
calculated by reference to "Sales Charge/Volume Discount",
below, plus the per Unit balance in the Interest and Principal
Accounts. Units are offered at the Public Offering Price, plus
A-4
<PAGE>
accrued interest. (See: "Public Offering of Units", in Part
B.)
ESTIMATED CURRENT RETURN -- The Estimated Current
Return shows the return based on the Public Offering Price and
is computed by multiplying the estimated net annual interest
rate per Unit (which shows the return based on a $1,000 face
amount) by $1,000 and dividing the result by the Public
Offering Price (not including accrued interest). The net
annual interest rate per Unit will vary with changes in the
fees and expenses of the Trustee, the Sponsor and the Evaluator
and with the exchange, redemption, sale or maturity of the
underlying Securities. In addition, the Public Offering Price
will vary with fluctuations in the bid side evaluation of the
underlying Securities. Therefore, it can be expected that the
Estimated Current Return will fluctuate in the future. (See:
"The Units -- Estimated Annual Income and Current Return", in
Part B.)
MARKET FOR UNITS -- The Sponsor, though not obligated
to do so, intends to maintain a market for the Units based on
the aggregate bid side evaluation of the underlying Securities,
as more fully described in Part B -- "Public Offering of
Units -- Secondary Market". If such market is not maintained,
a Unit Holder will be able to dispose of its Units through
redemption at prices based on the aggregate bid side evaluation
of the underlying Securities. (See: "Redemption", in Part B.)
Market conditions may cause such prices to be greater or less
than the amount paid for Units.
SPECIAL CONSIDERATIONS -- An investment in Units of
the Trust should be made with an understanding of the risks
which an investment in fixed rate long term debt obligations
may entail, including the risk that the value of the Units will
decline with increases in interest rates. The Trust is
considered to be concentrated in Prerefunded/Escrowed to
Maturity Securities (75.39% of the aggregate market value of
the Portfolio). (See: "The Trust -- Special Considerations"
and "The Trust -- Summary Description of the Portfolios", in
Part B. See also: "Special Characteristics of the Trust",
herein, for a discussion of additional risks relating to Units
of the Trust.)
SPECIAL CHARACTERISTICS OF THE TRUST -- The Portfolio
of the Trust consists of twelve issues of Securities, which
were issued by Issuers located in nine states. Two of the
issues of Securities are each a general obligation of an
Issuer. Ten issues of Securities, while not backed by the
taxing power of the Issuer, are payable from revenues or
receipts derived from specific projects or other available
A-5
<PAGE>
sources. The Trust contains the following categories of
Securities:
Percentage of Aggregate
Market Value of Trust Portfolio
Category of Security (as of September 8, 1997)
Electric and Power............ 14.86%
General Obligation............ 1.20%
Housing....................... 8.54%
Prerefunded/Escrowed to
Maturity.................... 75.39%
Original Issue Discount....... 42.95%
See: "The Trust -- Summary Description of the
Portfolios", in Part B, for a summary of the investment risks
associated with the type of Securities contained in the Trust.
See: "Tax Status", in Part B, for a discussion of certain tax
considerations with regard to Original Issue Discount.
Securities representing approximately 14.86% of the
aggregate market value of the Portfolio are currently subject
to redemption at the option of the Issuer thereof. Securities
representing approximately 14.86% and 2.62% of the aggregate
market value of the Portfolio are subject to redemption at the
option of the Issuer thereof beginning in 1997 and 1998,
respectively. (See: "Schedule of Portfolio Securities,"
herein, and "The Trust _ Summary Description of the Portfolio _
Additional Securities Considerations _ Redemption of
Securities," in Part B.)
On September 8, 1997, based on the bid side of the
market, the aggregate market value of the Securities in the
Portfolio was $3,340,897.60.
The Securities in the Portfolio of the Trust were
chosen in part on the basis of their respective maturity dates.
A long term Trust contains obligations maturing in 15 years or
more from the Date of Deposit. The maturity date of the Trust
is January 1, 2041; the latest maturity of a Security therein
is January 2030; and the average life to maturity (or date of
pre-refunding of a bond) of the Portfolio of Securities therein
is 11.451 years. The actual maturity dates of each of the
Securities contained in the Portfolio are shown on the
"Schedule of Portfolio Securities", herein.
The Trustee shall receive annually 72 cents per
$1,000 principal amount of Securities in the Portfolio for its
services as Trustee. See: "Expenses and Charges", in Part B,
for a description of other fees and charges which may be
incurred by the Trust.
A-6
<PAGE>
On September 8, 1997, Standard & Poor's Corporation
rated four of the Securities in the Portfolio as follows:
24.59%-AAA and 1.20%-BBB; and Moody's Investors Service rated
eight of the Securities as follows: 30.17%-Aaa, 25.20%-Aa,
3.97%-A and 14.86%-Baa. (See: "Bond Ratings", in Part B, and
"Schedule of Portfolio Securities", herein.) A Security in the
Portfolio may subsequently cease to be rated or the rating
assigned may be reduced below the minimum requirements of the
Trust for the acquisition of Securities. While such events may
be considered by the Sponsor in determining whether to direct
the Trustee to dispose of the Security (see: "Sponsor --
Responsibility", in Part B), such events do not automatically
require the elimination of such Security from the Portfolio.
SALES CHARGE/VOLUME DISCOUNT -- The Public Offering
Price per Unit will be computed by dividing the aggregate of
the bid prices of the Securities in a Trust by the number of
Units outstanding and then adding the appropriate sales charge
described below.
The sales charge will reflect different rates
depending upon the maturities of the various underlying
Securities. The sales charge per Unit in the secondary market
(the "Effective Sales Charge") will be computed by multiplying
the Evaluator's determination of the bid side evaluation of
each Security by a sales charge determined in accordance with
the table set forth below based upon the number of years
remaining to the maturity of each such Security, totalling all
such calculations, and dividing this total by the number of
Units then outstanding. In calculating the date of maturity, a
Security will be considered to mature on its stated maturity
date unless: (a) the Security has been called for redemption
or funds or securities have been placed in escrow to redeem it
on an earlier call date, in which case the call date will be
deemed the date on which such Security matures; or (b) the
Security is subject to a mandatory tender, in which case the
mandatory tender date will be deemed the date on which such
Security matures.
(as % of bid (as % of Public
Time to Maturity side evaluation) Offering Price)
Less than one year 0% 0%
1 year to less than 2 years 0.756% 0.75%
2 years to less than 4 years 1.523% 1.50%
4 years to less than 7 years 2.564% 2.50%
7 years to less than 11 years 3.627% 3.50%
11 years to less than 15 years 4.712% 4.50%
15 years and greater 5.820% 5.50%
A-7
<PAGE>
The Effective Sales Charge per Unit for a sale in the
secondary market, as determined above, will be reduced on a
graduated scale for sales to any single purchaser on a single
day of the specified number of Units of a Trust set forth
below.
Dealer Concession
% of Effective as % of Effective
Number of Units Sales Charge Sales Charge
1-99...................... 100% 65%
100-249................... 95% 62%
250-499................... 85% 55%
500-999................... 70% 45%
1,000 or more............. 55% 35%
To qualify for the reduced sales charge and
concession applicable to quantity purchases, the selling dealer
must confirm that the sale is to a single purchaser, as
described in "Volume Discount" in Part B of the Prospectus.
Units purchased at an Effective Sales Charge (before
volume purchase discount) of less than 3.00% of the Public
Offering Price (3.093% of the bid side evaluation of the
Securities) will not be eligible for exchange at a reduced
sales charge described under the Exchange Option.
Dealers purchasing certain dollar amounts of Units
during the life of the Trust may be entitled to additional
concessions. The Sponsor reserves the right, at any time and
from time to time, to change the level of dealer concessions.
For further information regarding the volume
discount, see: "Public Offering of Units -- Volume Discount",
in Part B.
Note: "Auditors" in Part B is amended so that
"Deloitte & Touche" is replaced with "Deloitte & Touche LLP";
"Evaluator" in Part B is amended so that "Kenny S&P Evaluation
Services, a division of Kenny Information Systems, Inc." is
replaced with "Kenny S&P Evaluation Services, a Division of
J.J. Kenny Co., Inc."; and "Trustee" in Part B is amended so
that "United States Trust Company of New York, with its
principal place of business at 114 West 47th Street, New York,
New York 10036, and its unit investment trust office at 770
Broadway, New York, New York 10003" is replaced with "The Chase
Manhattan Bank, a New York Bank with its principal executive
office located at 270 Park Avenue, New York, New York 10017 and
its unit investment trust office at 4 New York Plaza, New York,
New York 10004". The reference to the fifth and five business
day in "Redemption -- Computation of Redemption Price per Unit"
A-8
<PAGE>
and "Administration of the Trust -- Distribution of Interest
and Principal" in Part B is amended to read third and three,
respectively.
On May 31, 1997, Dean Witter, Discover & Co., Dean
Witter's former parent company, and Morgan Stanley Group Inc.
merger to form MCDWD. In connection with such merger, the
corporate name or DWDC was changed to Morgan Stanley, Dean
Witter, Discover & Co. ("MCDWD").
On December 20, 1995, Capital Guaranty Corporation
merged with a subsidiary of Financial Security Assurance
Holdings Ltd. In connection with such merger, (i) CGIC, the
principal operating subsidiary of Capital Guaranty Corporation,
became a wholly-owned subsidiary of FSA, the principal
operating subsidiary of Financial Security Assurance Holdings
Ltd., and (ii) the corporate name of CGIC was changed to
Financial Security Assurance of Maryland Inc.
A-9
<PAGE>
<AUDIT-REPORT>
INDEPENDENT AUDITORS' REPORT
THE UNIT HOLDERS, SPONSOR AND TRUSTEE
DEAN WITTER SELECT MUNICIPAL TRUST
LONG TERM PORTFOLIO SERIES 113
We have audited the statement of financial condition and schedule of
portfolio securities of the Dean Witter Select Municipal Trust Long Term
Portfolio Series 113 as of July 31, 1997, and the related statements of
operations and changes in net assets for each of the three years in the
period then ended. These financial statements are the responsibility of the
Trustee (see Footnote (a)(1)). Our responsibility is to express an opinion
on these financial statements based on our audits.
We conducted our audits in accordance with generally accepted auditing
standards. Those standards require that we plan and perform the audit to
obtain reasonable assurance about whether the financial statements are free
of material misstatement. An audit includes examining, on a test basis,
evidence supporting the amounts and disclosures in the financial statements.
Our procedures included confirmation of the securities owned as of July 31,
1997 as shown in the statement of financial condition and schedule of
portfolio securities by correspondence with The Chase Manhattan Bank, the
Trustee. An audit also includes assessing the accounting principles used
and the significant estimates made by the Trustee, as well as evaluating the
overall financial statement presentation. We believe that our audits
provide a reasonable basis for our opinion.
In our opinion, the financial statements referred to above present fairly,
in all material respects, the financial position of the Dean Witter Select
Municipal Trust Long Term Portfolio Series 113 as of July 31, 1997, and the
results of its operations and the changes in its net assets for each of the
three years in the period then ended in conformity with generally accepted
accounting principles.
DELOITTE & TOUCHE LLP
September 8, 1997
New York, New York
F-1
</AUDIT-REPORT>
<PAGE>
STATEMENT OF FINANCIAL CONDITION
DEAN WITTER SELECT MUNICIPAL TRUST
LONG TERM PORTFOLIO SERIES 113
July 31, 1997
TRUST PROPERTY
Investments in municipal bonds at market value
(cost $2,943,031) (Note (a) and Schedule
of Portfolio Securities Notes (4) and (5)) $3,375,719
Accrued interest receivable 36,152
Cash 36,608
Total 3,448,479
LIABILITY AND NET ASSETS
Less Liability:
Accrued Sponsor's fees 1,134
Net Assets:
Balance applicable to 3,274 Units of fractional
undivided interest outstanding (Note (c)):
Capital, plus unrealized market
appreciation of $432,688 $3,375,719
Undistributed principal and net investment
income (Note (b)) 71,626
Net assets $3,447,345
Net asset value per Unit ($3,447,345 divided by 3,274 Units) $ 1,052.95
See notes to financial statements
F-2
<PAGE>
STATEMENTS OF OPERATIONS
DEAN WITTER SELECT MUNICIPAL TRUST
LONG TERM PORTFOLIO SERIES 113
For the years ended July 31,
1997 1996 1995
Investment income - interest $220,813 $229,555 $253,309
Less Expenses:
Trustee's fees and expenses 7,243 5,313 5,796
Sponsor's fees and expenses 806 836 911
Total expenses 8,049 6,149 6,707
Investment income - net 212,764 223,406 246,602
Net gain on investments:
Realized gain on securities sold or
redeemed 10,948 8,378 23,348
Unrealized market appreciation
(depreciation) 73,324 138 (15,025)
Net gain on investments 84,272 8,516 8,323
Net increase in net assets resulting
from operations $297,036 $231,922 $254,925
See notes to financial statements
F-3
<PAGE>
STATEMENTS OF CHANGES IN NET ASSETS
DEAN WITTER SELECT MUNICIPAL TRUST
LONG TERM PORTFOLIO SERIES 113
For the years ended July 31,
1997 1996 1995
Operations:
Investment income - net $ 212,764 $ 223,406 $ 246,602
Realized gain on securities sold
or redeemed 10,948 8,378 23,348
Unrealized market appreciation
(depreciation) 73,324 138 (15,025)
Net increase in net assets
resulting from operations 297,036 231,922 254,925
Less Distributions to Unit Holders:
Principal (34,996) (75,367) (51,255)
Investment income - net (214,693) (223,760) (247,464)
Total distributions (249,689) (299,127) (298,719)
Less Capital Share Transactions:
Redemption of 127 Units, 81 Units
and 544 Units, respectively (128,976) (82,386) (537,641)
Accrued interest on redemption (2,560) (1,694) (11,902)
Total capital share
transactions (131,536) (84,080) (549,543)
Net decrease in net assets (84,189) (151,285) (593,337)
Net assets:
Beginning of year 3,531,534 3,682,819 4,276,156
End of year (including undistributed
principal and net investment income
of $71,626, $110,961 and $112,990,
respectively) $3,447,345 $3,531,534 $3,682,819
See notes to financial statements
F-4
<PAGE>
NOTES TO FINANCIAL STATEMENTS
DEAN WITTER SELECT MUNICIPAL TRUST
LONG TERM PORTFOLIO SERIES 113
July 31, 1997
(a) SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The Trust is registered under the Investment Company Act of 1940 as a
Unit Investment Trust. The following is a summary of the significant
accounting policies of the Trust:
(1) Basis of Presentation
The Trustee has custody of and responsibility for all accounting and
financial books, records, financial statements and related data of
the Trust and is responsible for establishing and maintaining a
system of internal controls directly related to, and designed to
provide reasonable assurance as to the integrity and reliability
of, financial reporting of the Trust. The Trustee is also
responsible for all estimates and accruals reflected in the Trust's
financial statements. The Evaluator determines the price for each
underlying Security included in the Trust's Portfolio of Securities
on the basis set forth in Part B of this Prospectus, "Public
Offering of Units - Public Offering Price". Under the Securities
Act of 1933 ("the Act"), as amended, the Sponsor is deemed to be an
issuer of the Trust Units. As such, the Sponsor has the
responsibility of an issuer under the Act with respect to financial
statements of the Trust included in the Trust's Registration
Statement under the Act and amendments thereto.
(2) Investments
Investments are stated at market value as determined by the
Evaluator based on the bid side evaluations on the last day of
trading during the year, except that value on the date of deposit
(August 1, 1991) represents the cost of investments to the Trust
based on the offering side evaluations as of the day prior to the
date of deposit.
(3) Income Taxes
The Trust is not an association taxable as a corporation for Federal
income tax purposes; accordingly, no provision is required for such
taxes.
(4) Expenses
The Trust pays annual Trustee's fees, estimated expenses,
Evaluator's fees, and annual Sponsor's portfolio supervision fees
and may incur additional charges as explained under "Expenses and
Charges - Fees" and "- Other Charges" in Part B of this Prospectus.
F-5
<PAGE>
NOTES TO FINANCIAL STATEMENTS
DEAN WITTER SELECT MUNICIPAL TRUST
LONG TERM PORTFOLIO SERIES 113
July 31, 1997
(b) DISTRIBUTIONS
Interest received by the Trust is distributed to the Unit Holders on or
shortly after the fifteenth day of each month after deducting applicable
expenses. Receipts other than interest are distributed as explained in
"Administration of the Trust - Distribution of Interest and Principal"
in Part B of this Prospectus.
(c) ORIGINAL COST TO INVESTORS
The original cost to investors represents the aggregate initial public
offering price as of the date of deposit (August 1, 1991) exclusive of
accrued interest, computed on the basis set forth under "Public Offering
of Units - Public Offering Price" in Part B of this Prospectus.
A reconciliation of the original cost of Units to investors to the net
amount applicable to investors as of July 31, 1997 follows:
Original cost to investors $5,099,292
Less: Gross underwriting commissions (sales charge) (249,850)
Net cost to investors 4,849,442
Cost of securities sold or redeemed (1,906,411)
Unrealized market appreciation 432,688
Net amount applicable to investors $3,375,719
(d) OTHER INFORMATION
Selected data for a Unit of the Trust during each year:
For the years ended July 31,
1997 1996 1995
Principal distributions during
year $ 10.29 $ 21.75 $ 14.72
Net investment income distribu-
tions during year $ 63.49 $ 64.76 $ 66.87
Net asset value at end of year $1,052.95 $1,038.38 $1,057.67
Trust Units outstanding at end
of year 3,274 3,401 3,482
F-6
<PAGE>
<TABLE>
<CAPTION>
SCHEDULE OF PORTFOLIO SECURITIES
DEAN WITTER SELECT MUNICIPAL TRUST
LONG TERM PORTFOLIO SERIES 113
July 31, 1997
Port- Optional
folio Rating Face Coupon Maturity Sinking Fund Refunding Market
No. Title of Securities <F3> Amount Rate Date Redemptions<F5> Redemptions<F4> Value<F6><F7>
<S> <C> <C> <C> <C> <C> <C> <C> <C>
1. Marion County Convention
and Recreational Facilities
Authority, Indiana, Excise
Taxes Lease Rental Revenue
Bonds, Series 1991B
(Refunded) (AMBAC Insured)
<F10><F11> AAA $ 255,000 7.000% 06/01/21 NONE 06/01/01@102 $ 285,138
2. Massachusetts Bay Trans-
portation Authority General
Transportation System Bonds,
1990 Series B (Refunded) <F10 AAA 50,000 7.875 03/01/21 NONE 03/01/01@102 57,111
3. Michigan State Hospital
Finance Authority, Hospital
Revenue Bonds, (McLaren
Obligated Group), Series
1991A (Refunded) <F10> Aaa<F9> 430,000 7.500 09/15/21 NONE 09/15/01@102 491,473
4. North Carolina Eastern
Municipal Power Agency,
Power System Revenue Bonds,
Refunding Series 1987A
(Refunded) <F10> Aaa<F9> 400,000 4.500 01/01/24 07/01/20@100 01/01/22@100 365,384
5. New York State Urban
Development Corporation,
State Facilities Revenue
Bonds, Series 1991
(Refunded) <F10> Aaa<F9> 70,000 7.500 04/01/20 NONE 04/01/01@102 79,355
6. New York City, New York,
General Obligation Bonds,
Fiscal 1991, Series F
(Refunded) <F10> AAA 415,000 8.250 11/15/17 NONE 11/15/[email protected] 487,260
7. New York City, New York,
General Obligation Bonds,
Fiscal 1991, Series F BBB+ 35,000 8.250 11/15/17 NONE 11/15/[email protected] 40,394
8. Piedmont Municipal Power
Agency, South Carolina,
Electric Revenue Bonds,
1986 Refunding Series Baa1<F9> 500,000 5.750 01/01/24 07/01/22@100 Currently@100 499,990
9. Tennessee Housing Develop-
ment Agency, Homeownership
Program Bonds, Issue U <F8> Aa2<F9> 270,000 7.400 07/01/16 07/01/12@100 07/01/01@102 286,508
10. Harris County Health
Facilities Development
Corporation, Texas, SCH
Health Care System Revenue
Bonds, (Sisters of Charity
of the Incarnate Word,
Houston, Texas), Series
1991A (Refunded) <F10> AA 500,000 7.100 07/01/21 NONE 07/01/01@102 561,500
11. Municipality of Metropol-
itan Seattle, Washington,
Sewer Revenue Bonds,
Series S (Refunded) <F10> Aaa<F9> 85,000 7.375 01/01/30 NONE 01/01/98@102 87,952
F-7
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
SCHEDULE OF PORTFOLIO SECURITIES
DEAN WITTER SELECT MUNICIPAL TRUST
LONG TERM PORTFOLIO SERIES 113
July 31, 1997
Port- Optional
folio Rating Face Coupon Maturity Sinking Fund Refunding Market
No. Title of Securities <F3> Amount Rate Date Redemptions<F5> Redemptions<F4> Value<F6><F7>
<S> <C> <C> <C> <C> <C> <C> <C> <C>
12. Washington Health Care
Facilities Authority Revenue
Bonds, Series 1991 (Yakima
Valley Memorial Hospital
Association, Yakima)
(Refunded) <F10> A<F9> $ 120,000 7.250% 01/01/21 NONE 01/01/01@102 $ 133,654
$3,130,000 $3,375,719
See notes to schedule of portfolio securities
F-8
</TABLE>
<PAGE>
NOTES TO SCHEDULE OF PORTFOLIO SECURITIES
DEAN WITTER SELECT MUNICIPAL TRUST
LONG TERM PORTFOLIO SERIES 113
July 31, 1997
<F3> All ratings are provided by Standard & Poor's Corporation, unless
otherwise indicated. A brief description of applicable Security
ratings is given under "Bond Ratings" in Part B of this Prospectus.
<F4> There is shown under this heading the date on which each issue of
Securities is redeemable by the operation of optional call
provisions and the redemption price for that date; unless otherwise
indicated, each issue continues to be redeemable at declining
prices thereafter but not below par. Securities listed as non-
callable, as well as Securities listed as callable, may also be
redeemable at par under certain circumstances from special
redemption payments.
<F5> There is shown under this heading the date on which an issue of
Securities is subject to scheduled sinking fund redemption and the
redemption price on such date.
<F6> The market value of the Securities as of July 31, 1997 was
determined by the Evaluator on the basis of bid side evaluations
for the Securities at such date.
<F7> At July 31, 1997, the unrealized market appreciation of all
Securities was comprised of the following:
Gross unrealized market appreciation $432,688
Gross unrealized market depreciation -
Unrealized market appreciation $432,688
The aggregate cost of the Securities for Federal income tax purposes
was $2,943,031 at July 31, 1997.
<F8> See "The Trust - Summary Description of the Portfolios - Revenue
Securities - Housing Securities" in Part B of this Prospectus for
the discussion relating to Housing Securities.
<F9> Moody's Investors Service, Inc. Rating.
<F10> The Issuer has indicated that it will refund this Security on its
optional redemption date.
<F11> Insured by American Municipal Bond Assurance Corporation ("AMBAC").
F-9
<PAGE>
(MODULE)
(NAME) DWSMTPARTB941
(CIK) 0000840581
(CCC) uit*59fl
(/MODULE)
<PAGE>
CONTENTS OF REGISTRATION STATEMENT
This registration statement comprises the following
documents:
The facing sheet.
The Cross Reference Sheet.
The Prospectus.
The signatures.
Consents of the Evaluator and Independent Auditors;
all other consents were previously filed.
The following exhibits:
23. 1a. Consents of Kenny S&P Evaluation Services, a
division of J.J. Kenny Co., Inc.
1b. Consent of Independent Auditors.
27. Financial Data Schedule.
<PAGE>
CONSENT OF COUNSEL
The consent of Counsel to the use of their names in
the Prospectus included in this Registration Statement is
contained in its opinion filed as Exhibit 3 to this
Registration Statement.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Act of
1933, the registrant, Dean Witter Select Municipal Trust, Long
Term Portfolio Series 113, certifies that it meets all of the
requirements for effectiveness of this Registration Statement
pursuant to Rule 485(b) under the Securities Act of 1933 and
has duly caused this Post-Effective Amendment No. 6 to the
Registration Statement to be signed on its behalf by the
undersigned, thereunto duly authorized, all in The City of New
York and State of New York on the 25th day of September, 1997.
DEAN WITTER SELECT MUNICIPAL TRUST,
LONG TERM PORTFOLIO SERIES 113
(Registrant)
By: DEAN WITTER REYNOLDS INC.
(Depositor)
Thomas Hines
Thomas Hines
Authorized Signatory
Pursuant to the requirements of the Securities Act of
1933, this Post-Effective Amendment No. 6 to the Registration
Statement has been signed on behalf of Dean Witter Reynolds
Inc., the Depositor, by the following person in the following
capacities and by the following persons who constitute a
majority of the Depositor's Board of Directors in The City of
New York and State of New York on this 25th day of September,
1997.
DEAN WITTER REYNOLDS INC.
Name Office
Philip J. Purcell Chairman and Chief )
Executive Officer )
and Directora )
By: Thomas Hines
Thomas Hines
Attorney-in-fact*
a Executed copies of the Powers of Attorney filed by a
majority of the Board of Directors of Dean Witter Reynolds
Inc. have been previously filed.
<PAGE>
Name Office
Richard M. DeMartini Director***
Robert J. Dwyer Director***
Christine A. Edwards Director***
James F. Higgins Director***
Charles A. Fiumefreddo Director**
Mitchell M. Merin Director*
Stephen R. Miller Director***
Richard F. Powers III Director*
Philip J. Purcell Director***
Thomas C. Schneider Director**
William B. Smith Director**
* Executed copies of the Powers of Attorney have been filed
with the Securities and Exchange Commission in connection
with Amendment No. 1 to the Registration Statement on Form
S-6 for Dean Witter Select Equity Trust, Select 10
Industrial Portfolio 97-1, File No. 333-16839.
** Executed copies of Powers of Attorney have been filed with
the Securities and Exchange Commission in connection with
Amendment No. 1 to the Registration Statement on Form S-6
for Dean Witter Select Equity Trust, Select 10 Industrial
Portfolio 96-4, File No. 333-10499.
*** Executed copies of Powers of Attorney have been filed with
the Securities and Exchange Commission in connection with
Amendment No. 1 to the Registration Statement on Form S-6
for Dean Witter Select Equity Trust, Select 10
International Series 95-1, File No. 33-56389.
<PAGE>
EXHIBIT INDEX
EXHIBIT NO. TITLE OF DOCUMENT
23. 1a. Consents of Kenny S&P Evaluation Services,
a division of J.J. Kenny Co., Inc.
1b. Consent of Deloitte & Touche LLP
27. Financial Data Schedule
<PAGE>
Exhibit 23.1a.
Letterhead of KENNY S&P EVALUATION SERVICES
A division of J.J. Kenny Co., Inc.
September 25, 1997
Dean Witter Reynolds Inc.
Two World Trade Center
New York, NY 10048
Re: Dean Witter Select Municipal Trust,
Post-Effective Amendment No. 6
Long Term Portfolio Series 113
Gentlemen:
We have examined the post-effective Amendment to the
Registration Statement File No. 33-21632 for the
above-captioned trust. We hereby acknowledge that Kenny S&P
Evaluation Services, a division of J.J. Kenny Co., Inc., is
currently acting as the evaluator for the trust. We hereby
consent to the use in the Amendment of the reference to Kenny
S&P Evaluation Services, a division of J.J. Kenny Co., Inc., as
evaluator.
In addition, we hereby confirm that the ratings
indicated in the above-referenced Amendment to the Registration
Statement for the respective bonds comprising the trust
portfolio are the ratings currently indicated in our KENNYBASE
database.
You are hereby authorized to file a copy of this
letter with the Securities and Exchange Commission.
Sincerely,
Frank A. Ciccotto
Frank A. Ciccotto
Vice President
<PAGE>
Exhibit 23.1b.
CONSENT OF INDEPENDENT AUDITORS
We consent to the use of our report, dated September 8, 1997, accompanying
the financial statements of the Dean Witter Select Municipal Trust Long Term
Portfolio Series 113 included herein and to the reference to our Firm as
experts under the heading "Auditors" in the prospectus which is a part of
this registration statement.
DELOITTE & TOUCHE LLP
September 25, 1997
New York, New York
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL
INFORMATION EXTRACTED FROM THE FINANCIAL
STATEMENTS FOR DEAN WITTER SELECT
MUNICIPAL TRUST Long Term Portfolio
Series 113 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS
<RESTATED>
<SERIES>
<NAME> DEAN WITTER SELECT MUNICIPAL TRUST
Long Term Portfolio Series
<NUMBER> 113
<MULTIPLIER> 1
<FISCAL-YEAR-END> Jul-31-1997
<PERIOD-START> Aug-1-1996
<PERIOD-END> Jul-31-1997
<PERIOD-TYPE> YEAR
<INVESTMENTS-AT-COST> 2,943,031
<INVESTMENTS-AT-VALUE> 3,375,719
<RECEIVABLES> 36,152
<ASSETS-OTHER> 36,608
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 3,448,479
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,134
<TOTAL-LIABILITIES> 1,134
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2,943,204
<SHARES-COMMON-STOCK> 3,274
<SHARES-COMMON-PRIOR> 3,401
<ACCUMULATED-NII-CURRENT> 71,453
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 432,688
<NET-ASSETS> 3,447,345
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 220,813
<OTHER-INCOME> 0
<EXPENSES-NET> 8,049
<NET-INVESTMENT-INCOME> 212,764
<REALIZED-GAINS-CURRENT> 10,948
<APPREC-INCREASE-CURRENT> 73,324
<NET-CHANGE-FROM-OPS> 297,036
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 214,693
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 34,996
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 127
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (84,189)
<ACCUMULATED-NII-PRIOR> 75,941
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 0
<AVERAGE-NET-ASSETS> 0
<PER-SHARE-NAV-BEGIN> 0
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 0
<EXPENSE-RATIO> 0
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
