59 WALL STREET FUND INC
497, 2000-06-30
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                       THE 59 WALL STREET U.S. EQUITY FUND
          a series of THE 59 WALL STREET CORPORATION (the Corporation)

                  SUPPLEMENT TO PROSPECTUS DATED MARCH 1, 2000

All  references  to "U.S.  Equity  Portfolio"  are  revised to "BBH U.S.  Equity
Portfolio."

The italicized  language in the third paragraph  under the section  "Shareholder
Information  - Purchase  of Shares" is  revised,  effective  July 10,  2000,  as
follows:

         An investor who does not have an account  with an Eligible  Institution
or a Financial  Intermediary must place purchase orders for Fund shares with the
Corporation through Forum Shareholder Services,  LLC, the Fund's Transfer Agent.
Such an investor  has such shares held  directly in the  investor's  name on the
books of the Corporation and is responsible for arranging for the payment of the
purchase price of Fund shares. The Corporation  executes all purchase orders for
initial  and  subsequent  purchases  at the  net  asset  value  per  share  next
determined  after the  Corporation's  Transfer Agent has received payment in the
form of a cashier's check drawn on a U.S. bank, a check certified by a U.S. bank
or a wire  transfer.  Brown  Brothers  Harriman & Co.,  the  Fund's  Shareholder
Servicing Agent has established a minimum initial  purchase  requirement for the
Fund of $100,000 and a minimum subsequent  purchase  requirement for the Fund of
$25,000.  The  Shareholder  Servicing  Agent may amend  these  minimum  purchase
requirements from time to time.





                  The date of this supplement is July 1, 2000.






















WS5929
<PAGE>
                  THE 59 WALL STREET TAX-EFFICIENT EQUITY FUND
          a series of THE 59 WALL STREET CORPORATION (the Corporation)

                  SUPPLEMENT TO PROSPECTUS DATED MARCH 1, 2000

The italicized  language in the third paragraph  under the section  "Shareholder
Information  - Purchase  of Shares" is  revised,  effective  July 10,  2000,  as
follows:

         An investor who does not have an account  with an Eligible  Institution
or a Financial  Intermediary must place purchase orders for Fund shares with the
Corporation through Forum Shareholder Services,  LLC, the Fund's Transfer Agent.
Such an investor  has such shares held  directly in the  investor's  name on the
books of the Corporation and is responsible for arranging for the payment of the
purchase price of Fund shares. The Corporation  executes all purchase orders for
initial  and  subsequent  purchases  at the  net  asset  value  per  share  next
determined  after the  Corporation's  Transfer Agent has received payment in the
form of a cashier's check drawn on a U.S. bank, a check certified by a U.S. bank
or a wire  transfer.  Brown  Brothers  Harriman & Co.,  the  Fund's  Shareholder
Servicing Agent has established a minimum initial  purchase  requirement for the
Fund of $100,000 and a minimum subsequent  purchase  requirement for the Fund of
$25,000.  The  Shareholder  Servicing  Agent may amend  these  minimum  purchase
requirements from time to time.





                  The date of this supplement is July 1, 2000.






















WS5930

<PAGE>
              THE 59 WALL STREET INFLATION-INDEXED SECURITIES FUND
          a series of THE 59 WALL STREET CORPORATION (the Corporation)

                  SUPPLEMENT TO PROSPECTUS DATED MARCH 1, 2000

The italicized  language in the third paragraph  under the section  "Shareholder
Information  - Purchase  of Shares" is  revised,  effective  July 10,  2000,  as
follows:

         An investor who does not have an account  with an Eligible  Institution
or a Financial  Intermediary must place purchase orders for Fund shares with the
Corporation through Forum Shareholder Services,  LLC, the Fund's Transfer Agent.
Such an investor  has such shares held  directly in the  investor's  name on the
books of the Corporation and is responsible for arranging for the payment of the
purchase price of Fund shares. The Corporation  executes all purchase orders for
initial  and  subsequent  purchases  at the  net  asset  value  per  share  next
determined  after the  Corporation's  Transfer Agent has received payment in the
form of a cashier's check drawn on a U.S. bank, a check certified by a U.S. bank
or a wire  transfer.  Brown  Brothers  Harriman & Co.,  the  Fund's  Shareholder
Servicing Agent has established a minimum initial  purchase  requirement for the
Fund of $100,000 and a minimum subsequent  purchase  requirement for the Fund of
$25,000.  The  Shareholder  Servicing  Agent may amend  these  minimum  purchase
requirements from time to time.





                  The date of this supplement is July 1, 2000.






















WS5931

<PAGE>
                     THE 59 WALL STREET EUROPEAN EQUITY FUND
                  THE 59 WALL STREET PACIFIC BASIN EQUITY FUND
                  THE 59 WALL STREET INTERNATIONAL EQUITY FUND
        each a series of THE 59 WALL STREET CORPORATION (the Corporation)

                  SUPPLEMENT TO PROSPECTUS DATED MARCH 1, 2000

All references to "European Equity Portfolio",  "Pacific Basin Equity Portfolio"
and  "International  Equity  Portfolio"  are  revised  to "BBH  European  Equity
Portfolio",  "BBH Pacific Basin Equity Portfolio" and "BBH International  Equity
Portfolio", respectively.

The italicized  language in the third paragraph  under the section  "Shareholder
Information  - Purchase  of Shares" is  revised,  effective  July 10,  2000,  as
follows:

         An investor who does not have an account  with an Eligible  Institution
or a Financial  Intermediary must place purchase orders for Fund shares with the
Corporation through Forum Shareholder Services,  LLC, the Fund's Transfer Agent.
Such an investor  has such shares held  directly in the  investor's  name on the
books of the Corporation and is responsible for arranging for the payment of the
purchase price of Fund shares. The Corporation  executes all purchase orders for
initial  and  subsequent  purchases  at the  net  asset  value  per  share  next
determined  after the  Corporation's  Transfer Agent has received payment in the
form of a cashier's check drawn on a U.S. bank, a check certified by a U.S. bank
or a wire  transfer.  Brown  Brothers  Harriman & Co.,  the  Fund's  Shareholder
Servicing Agent has established a minimum initial  purchase  requirement for the
Fund of $100,000 and a minimum subsequent  purchase  requirement for the Fund of
$25,000.  The  Shareholder  Servicing  Agent may amend  these  minimum  purchase
requirements from time to time.





                  The date of this supplement is July 1, 2000.






















WS5932




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