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February 23, 1996
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, D.C. 20549
RE: Columbia Balanced Fund, Inc.
File Nos. 33-41401, 811-6338, CIK 0000876613
Pursuant to Rule 497 (j) under the Securities Act of 1933,
the Registrant certifies that the form of Prospectus and Statement of
Additional Information that would have been filed pursuant to Rule 497 (c)
under the Securities Act of 1933, as amended, would not have differed from
those contained in the Post-Effective Amendment to the Registration Statement
on Form N1-A for the above Registrant as filed electronically with the
Securities and Exchange Commission on February 22, 1996.
Any questions regarding this transmission can be directed to Jeff Curtis
at (503) 795-6441.
Sincerely,
Columbia Balanced Fund, Inc.
George L. Hanseth
Senior Vice President
