-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, WiyJvSOETPxWpfPtzSD8yHUJxIs20Qn53/7zoelOHzNO9vN8LswqtyxNuXokRt9i /CsSfyz83YpBofjISNwqRg== 0001067621-05-000007.txt : 20050923 0001067621-05-000007.hdr.sgml : 20050923 20050923163038 ACCESSION NUMBER: 0001067621-05-000007 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20050923 DATE AS OF CHANGE: 20050923 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GOLDSTEIN PHILLIP CENTRAL INDEX KEY: 0001067621 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: BUSINESS PHONE: 9147475262 MAIL ADDRESS: STREET 1: 60 HERITAGE DRIVE CITY: PLEASANTVILLE STATE: NY ZIP: 10570 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SELIGMAN QUALITY MUNICIPAL FUND INC CENTRAL INDEX KEY: 0000862813 IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-61515 FILM NUMBER: 051100837 BUSINESS ADDRESS: STREET 1: 100 PARK AVENUE STREET 2: 7TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2124480200 MAIL ADDRESS: STREET 1: 100 PARK AVENUE STREET 2: 7TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 SC 13D 1 third.txt DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT 9/13/2005 1. NAME OF REPORTING PERSON Phillip Goldstein 2. CHECK THE BOX IF MEMBER OF A GROUP a[ ] b[ ] 3. SEC USE ONLY 4. SOURCE OF FUNDS WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) AND 2(e) [] 6. CITIZENSHIP OR PLACE OF ORGANIZATION USA ________________________________________________________________ 7. SOLE VOTING POWER 105,500 8. SHARED VOTING POWER 12,600 9. SOLE DISPOSITIVE POWER 433,700 _________________________________________________________ 10. SHARED DISPOSITIVE POWER 0 11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON 433,700 12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES [] 13. PERCENT OF CLASS REPRESENTED BY ROW 11 9.18% 14. TYPE OF REPORTING PERSON IA ________________________________________________________________ Item 1. SECURITY AND ISSUER This Schedule 13D relates to the shares of Common Stock of The Seligman Quality Municipal Fund, Inc. ("SQF"). The principal executive offices of SQF are located at 100 Park Avenue, 7th Floor, New York, NY 10017. Item 2. IDENTITY AND BACKGROUND This statement is filed on behalf of Phillip Goldstein, 60 Heritage Drive, Pleasantville, NY 10570. Mr. Goldstein is a self- employed investment advisor and President of Kimball and Winthrop, Inc. an investment advisory firm. During the past 5 years Mr. Goldstein has not been convicted in a criminal proceeding, nor been party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which they were or are subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. Mr. Goldstein is a United States citizen. ITEM 3. SOURCE AND AMOUNT OF FUNDS AND OTHER CONSIDERATIONS Mr. Goldstein has accumulated shares of the issuer on behalf of accounts that are managed by him. All funds that have been utilized to purchase such shares are from such accounts or from margin loans from broker dealers where these accounts are held. ITEM 4. PURPOSE OF TRANSACTION At the Fund's next shareholder meeting, the filing persons intend to submit a proposal recommending that the board take action to open-end the Fund. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER As per the semi-annual report filed on 6/30/05 there were 4,720,353 shares of SQF outstanding as of 4/30/05. The percentage set forth in item 5a was derived using such number. a) Mr. Goldstein is deemed to be the beneficial owner of 433,700 shares of SQF or 9.18% of the outstanding shares. b) Power to dispose of securities resides solely with Mr. Goldstein for 433,700 shares. Power to vote securities resides solely with Mr. Goldstein for 105,500 shares and jointly for 12,600 shares. c) During the past 60 days the following shares of SQF were purchased (there were no sales): See Exhibit 1. d) Beneficiaries of accounts managed by Mr. Goldstein are entitled to receive any dividends or sales proceeds. e) NA ITEM 6. CONTRACTS,ARRANGEMENTS,UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. None. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS Exhibit 1. Share purchases within last 60 days. After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: 9/23/05 By: /s/ Phillip Goldstein Name: Phillip Goldstein Exhibit 1. Share purchases within last 60 days. DATE, # shares, Price 9/22/2005, 100, $ 12.45 9/21/2005, 8400, $ 12.45 9/20/2005, 12100, $ 12.45 9/19/2005, 14000, $ 12.44 9/16/2005, 41900, $ 12.49 9/15/2005, 400, $ 12.45 9/14/2005, 97200, $ 12.55 9/13/2005, 23600, $ 12.52 9/12/2005, 6000, $ 12.43 9/9/2005, 6000, $ 12.45 9/8/2005, 600, $ 12.44 9/7/2005, 5300, $ 12.44 8/31/2005, 18000, $ 12.47 8/30/2005, 5000, $ 12.40 8/25/2005, 2200, $ 12.39 8/24/2005, 900, $ 12.40 8/23/2005, 20500, $ 12.35 8/22/2005, 4700, $ 12.31 8/19/2005, 3200, $ 12.32 8/18/2005, 1000, $ 12.28 8/16/2005, 24800, $ 12.26 8/15/2005, 5700, $ 12.27 8/12/2005, 300, $ 12.22 8/10/2005, 3500, $ 12.22 8/9/2005, 5000, $ 12.25 8/8/2005, 800, $ 12.24 8/5/2005, 11600, $ 12.27 8/4/2005, 25000, $ 12.27 8/2/2005, 400, $ 6.14 8/1/2005, 400, $ 12.25 7/29/2005, 3000, $ 12.27 7/27/2005, 4900, $ 12.25 7/26/2005, 5600, $ 12.25 7/25/2005, 10800, $ 12.22 -----END PRIVACY-ENHANCED MESSAGE-----