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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0000099614-98-000016.txt : 19980729
<SEC-HEADER>0000099614-98-000016.hdr.sgml : 19980729
ACCESSION NUMBER:		0000099614-98-000016
CONFORMED SUBMISSION TYPE:	497
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		19980728
SROS:			NONE

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TRI CONTINENTAL CORP
		CENTRAL INDEX KEY:			0000099614
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				135441850
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	333-50295
		FILM NUMBER:		98672676

	BUSINESS ADDRESS:	
		STREET 1:		100 PARK AVE
		STREET 2:		7TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		2128501864

	MAIL ADDRESS:	
		STREET 1:		100 PARK AVENUE
		STREET 2:		7TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
</SEC-HEADER>
<DOCUMENT>
<TYPE>497
<SEQUENCE>1
<DESCRIPTION>SUPPLEMENT
<TEXT>


    Supplement, dated July 28, 1998, to the prospectus, dated May 1, 1998
                                      of
               Tri-Continental Corporation (the "Corporation")


      Effective   immediately,   the  following   supersedes  and  replaces  the
information  contained in the fifth paragraph set forth in the Fund's prospectus
under "Management of the Corporation--The Manager."

      Rodney D. Collins, Vice President, Investment Officer of the Manager,
is Co-Portfolio Manager of the Corporation.  Mr. Collins is also Co-Portfolio
Manager of Seligman Common Stock Fund, Inc., Seligman Income Fund, Inc., and
the Seligman Common Stock Portfolio and Seligman Income Portfolio of Seligman
Portfolios, Inc.  Mr. Collins joined the Manager in 1992 as an investment
associate.


CETRIS1-7/98

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