July 13, 2007

Securities and Exchange Commission

100 F Street, NE

Station Place

Washington, D.C. 20549

Re: Bruce Fund, Inc.
	File Nos. 2-27183 and 811-1528

Dear Sir/Madam:

You will find enclosed herewith a copy of the Fidelity Bond for the Bruce Fund, Inc., pursuant to Regulation 270.17g-1 of the Regulations of the Commission issued under the Investment Company Act of 1940.

Also enclosed herewith is a copy of the Resolutions of the majority of the Board of Trustees who are not “interested persons” of the above-captioned Registrant approving the amount, type, form, and coverage of the Fidelity Bond now in effect for the Registrant.

The premiums for the Bond have been paid for the period from January 8, 2007 to January8, 2008.

If you have any questions, please contact he undersigned.

Sincerely,

/s/ Tara R. Pierson

Tara R. Pierson

Legal Administration                                                                                                                   317-917-7000, ext. 8531

Enclosures

Resolution Approving Fidelity Bond

The following Resolution as adopted on December 4, 2006 by all members of the Board of Directors of Bruce Fund, Inc. who are not "interested persons" of the Fund:

WHEREAS, each member of the Board of Directors has been furnished with a copy of the Investment Company Bond described hereinafter and each has reviewed the form and amount of the bond, be it

RESOLVED, Investment Company Bond No. 6214189, issued by National Union Fire Insurance Company of Pittsburgh, PA, be, and hereby is, approved as to said bond's form and amount of coverage.

Mr. Johnson and Mr. DeBartolo voting in favor of the foregoing resolution which was declared adopted.

The undersigned, as Secretary of Bruce Fund, Inc., certifies that the above is a true and correct copy of the Resolution adopted as indicated.

December 4, 2006.

R. Jeffrey Bruce, Secretary