Supplement, dated July 8, 1998, to the prospectus, dated May 1, 1998
of
Seligman Portfolios, Inc. (the "Fund")
Effective immediately, the following supersedes and replaces the
information contained in the first paragraph set forth in the Fund's prospectus
under "Management Services--Portfolio Management."
Gary S. Zeltzer, who joined the Manager as Senior Vice President,
Manager Taxable Fixed Income in March 1998, is Portfolio Manager of the
Seligman Cash Management Portfolio and Seligman Bond Portfolio. Mr.
Zeltzer is also Portfolio Manager of Seligman Cash Management Fund, Inc.
and the Seligman U.S. Government Securities Series of Seligman High Income
Fund Series. Prior to joining the Manager, Mr. Zeltzer was a Group Vice
President and Portfolio Management at Schroder Capital Management from July 1979
to March 1998.
PORT2-7/98
