SELECTED CAPITAL PRESERVATION TRUST
497J, 1996-05-03
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                  SELECTED CAPITAL PRESERVATION TRUST

                CERTIFICATION PURSUANT TO RULE 497(j)




     The undersigned, on behalf of Selected Capital Preservation Trust
(the "Registrant") hereby certifies that the form of Prospectus and
Statement of Additional Information that would have been filed under Rule
497(c) would not have differed from that contained in the Registrant's
most recent post- effective amendment to its registration statement. 
The text of such amendment to the registration statement was filed
electronically.




Dated May 3, 1996


                                     SELECTED CAPITAL PRESERVATION TRUST


                                     By:  /s/ Raymond O. Padilla
                                          -------------------------------
                                           Raymond O. Padilla,
                                           Vice President



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