INTERCAPITAL CALIFORNIA QUALITY MUNICIPAL SECURITIES, N-23C-1, 1995-03-13

INTERCAPITAL CALIFORNIA QUALITY MUNICIPAL SECURITIES
N-23C-1, 1995-03-13

Previous: GABELLI INVESTOR FUNDS INC, N-30B-2, 1995-03-13

Next: MERRILL LYNCH AMERICAS INCOME FUND INC, 497, 1995-03-13









                                        March 13, 1995



Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C.  20549

Re:  InterCapital California Quality Municipal Securities
     File No.  33-59284
               811-7564


Dear Sir or Madam:

     Pursuant to Section 23(c)(3) of the Investment Company Act of
1940 and Rule 23c-1(a)(11) thereunder, we are filing electronically
via EDGAR a Form N-23C-1 for the above referenced investment
company.

                                        Very truly yours,




                                        Sheldon Curtis
                                        Vice President and
                                        Assistant General Counsel