NICHOLAS EQUITY INCOME FUND INC
497J, 1995-08-11
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                        497 J SUBMISSION FOLLOW-UP
                     TO PREVIOUSLY SUBMITTED 485B POS

                     NICHOLAS EQUITY INCOME FUND, INC.

                            August 11, 1995

In accordance with Section 230.497 (j) of the Code of Federal Regulations
I hereby certify on behalf of the Nicholas Equity Income Fund, Inc., that:

        (1)     the form of prospectus and statement of additional information
                that would  have been filed under paragraph (b) or (c) of this
                section would not  have differed  from that  contained in  the
                most recent  amendment  submitted on July 27, 1995, 4:57pm EST
                under the Investment Act of 1940 and on August 4, 1995, 5:21pm 
                EST under the Securities Act of 1933, and

        (2)     the  text  of   the  most  recent  amendment  has  been  filed 
                electronically


                                                        /s/ JEFFREY T. MAY
                                                        -------------------
                                                           Jeffrey T. May
                                                        Senior Vice President
                                                           and Treasurer




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