DELAFIELD FUND INC
497J, 1997-05-12
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                       REICH & TANG ASSET MANAGEMENT L.P.
                                600 Fifth Avenue
                            New York, NY 10020-2302




May 12, 1997




VIA EDGAR TRANSMISSION


Securities & Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549

Re:  Delafield Fund, Inc.
     Registration Statement No. 4
     File No. 33-69760

Dear Sir or Madam:

As sponsor of the  above-referenced  Fund, we are writing this letter to certify
that:

(1)  the form of Prospectus and Statement of Additional  Information  that would
     have been filed under Rule  497(b) of the  Securities  Act of 1933,  do not
     differ from that contained in the most recent  Post-Effective  Amendment to
     the Registration Statement on Form N-1A (the "Registration Statement"), and

(2)  the text of the most recent Registration Statement was filed electronically
     with the  Securities  and Exchange  Commission on April 23, 1997 and became
     effective on April 30, 1997 pursuant to Rule 485(b).


California Daily Tax Free Income Fund, Inc.




REICH & TANG ASSET MANAGEMENT L.P.



BY:
         Bernadette N. Finn
         Authorized Signatory



CC:  Battle Fowler LLP




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