Supplement, dated January 21, 1998, to the prospectus, dated May 1, 1997,
of
Seligman Portfolios, Inc. (the "Fund")
Effective immediately, the following supersedes and replaces the
contrary information contained in the Fund's prospectus under
"Management Services--Portfolio Managers."
Richard R. Schmaltz, who joined the Manager as Managing Director,
Director of Investments in September 1996, is primarily responsible for
the day-to-day management of the Seligman Capital Portfolio as a member
of the Seligman Growth Team. From May 1993 to September 1996, Mr.
Schmaltz was Director, Investment Research at Neuberger and Berman.
Prior thereto, Mr. Schmaltz was Executive Vice President of McGlinn
Capital.
Mr. Schmaltz is also responsible for the management of Seligman
Capital Fund, Inc. and Seligman Growth Fund, Inc. Additionally, he is
responsible for directing and overseeing the domestic investments of the
Seligman Henderson Global Growth Opportunities Portfolio and Seligman
Henderson Global Growth Opportunities Fund, a series of Seligman
Henderson Global Fund Series, Inc.
SUPP2-1/98
