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May 1, 2000
Ruane, Cunniff & Co., Inc.
767 Fifth Avenue
New York, New York 10153
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, DC 20549
Attention: File Room
Re: Sequoia Fund, Inc.
File No. 2-35566
__________________
Ladies and Gentlemen:
Pursuant to Rule 497(j) under the Securities Act of
1933, this letter certifies that the Prospectus and Statement of
Additional Information with respect to the above referenced fund
do not differ from those filed in the most recent post-effective
amendment, the text of which were filed electronically.
Very truly yours,
/s/ Joseph Quinones, Jr.
________________________
Joseph Quinones, Jr.
Treasurer
69900020.BD5