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TRI-CONTINENTAL CORPORATION DECLARES 1992 GAIN DISTRIBUTION

 NEW YORK, Nov. 27 ~PRNewswire~ -- The directors of Tri-Continental Corporation (NYSE: TY), the nation's largest diversified, publicly- traded, closed-end equity investment company, today declared a distribution of $.70 per share from long-term net gain realized in 1992. The distribution is payable Dec. 28, 1992 to common stockholders of record Dec. 7, 1992.
 J. & W. Seligman & Co. Incorporated, founded in 1864, is an investment manager and adviser with over $10 billion in assets under management. The first manages over 30 mutual funds and three closed-end investment companies including Tri-Continental Corporation. Seligman also provides investment advisory services to corporations, pension and endowment funds, associations and high net worth individuals.
 -0- 11~27~92
 ~CONTACT: Heather MacLeod of Sherman~Morris Inc., 212-488-0384, for J. & W. Seligman & Co.~
 (TY)


CO: Tri-Continental Corporation; J. & W. Seligman & Co. Inc. ST: New York IN: FIN SU: DIV

WB-PS -- NY008 -- 1806 11~27~92 13:18 EST
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Publication:PR Newswire
Date:Nov 27, 1992
Words:149
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