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[LETTERHEAD]
November 1, 1996
Securities and Exchange Commission
450 Fifth Street N.W. ELECTRONICALLY FILED VIA EDGAR
Washington, D.C. 20549
Re: Piper Institutional Funds Inc.
File Nos. 33-53718 and 811-7320
Dear Sir or Madam:
Pursuant to Rule 497(j), Piper Institutional Funds Inc. certifies
that:
(1) the form of Prospectuses and Statement of Additional Information
that would have been filed under paragraph (c) of Rule 497 would not have
differed from that contained in the most recent amendment to the registration
statement (Post-Effective Amendment #6 filed October 28, 1996); and
(2) the text of the most recent amendment to the registration
statement has been filed electronically.
Very truly yours,
/s/ Bethany S. Brand
Bethany S. Brand
cc: Kathleen Prudhomme
Kathleen Gorman
