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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0000817841-98-000019.txt : 19980709
<SEC-HEADER>0000817841-98-000019.hdr.sgml : 19980709
ACCESSION NUMBER:		0000817841-98-000019
CONFORMED SUBMISSION TYPE:	497
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		19980708
SROS:			NONE

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SELIGMAN PORTFOLIOS INC/NY
		CENTRAL INDEX KEY:			0000817841
		STANDARD INDUSTRIAL CLASSIFICATION:	 []
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	033-15253
		FILM NUMBER:		98661627

	BUSINESS ADDRESS:	
		STREET 1:		100 PARK AVENUE
		STREET 2:		7TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		2124880200

	MAIL ADDRESS:	
		STREET 1:		100 PARK AVENUE
		STREET 2:		7TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SELIGMAN MUTUAL BENEFIT PORTFOLIOS INC
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>497
<SEQUENCE>1
<DESCRIPTION>SUPPLEMENT
<TEXT>


       Supplement, dated July 8, 1998, to the prospectus, dated May 1, 1998
                                       of
                     Seligman Portfolios, Inc. (the "Fund")


      Effective   immediately,   the  following   supersedes  and  replaces  the
information  contained in the first paragraph set forth in the Fund's prospectus
under "Management Services--Portfolio Management."

        Gary S. Zeltzer, who joined the Manager as Senior Vice President, 
Manager Taxable Fixed Income in March 1998,  is Portfolio Manager  of  the  
Seligman   Cash   Management   Portfolio  and  Seligman  Bond Portfolio.  Mr. 
Zeltzer is also Portfolio  Manager of Seligman Cash  Management Fund,  Inc. 
and the Seligman  U.S.  Government  Securities  Series of Seligman High  Income
Fund  Series.  Prior to joining the  Manager,  Mr.  Zeltzer was a Group Vice 
President and Portfolio Management at Schroder Capital Management from July 1979
to March 1998.


PORT2-7/98


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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