FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person * MORRIS WILLIAM C   2. Issuer Name and Ticker or Trading Symbol TRI-CONTINENTAL CORP [TY] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner __X__ Officer (give title below) __X__ Other (specify below) Chairman of Issuer / Chairman, Issuer's Inv. Adv. (Last) (First) (Middle) 100 PARK AVENUE 3. Date of Earliest Transaction (Month/Day/Year) 12/15/2005 (Street) NEW YORK, NY 10017 4. If Amendment, Date Original Filed(Month/Day/Year) 12/16/2005 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Tri-Continental Corporation 12/15/2005   P   533.618 A $ 18.74 30,645.344 I Held in grantor trust for son Tri-Continental Corporation 12/15/2005   P   533.618 A $ 18.74 31,178.962 I Held in grantor trust for grandchild Tri-Continental Corporation 12/15/2005   P   533.618 A $ 18.74 31,712.58 I Held in grantor trust for grandchild

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
MORRIS WILLIAM C 100 PARK AVENUE NEW YORK, NY 10017	X		Chairman of Issuer	Chairman, Issuer's Inv. Adv.

Signatures

Albert A. Pisano, power of attorney		01/19/2006
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Remarks: This filing amends the filing of December 16, 2005 to reflect the reinvestment of dividends on December 13, 2005 with respect to securities of the issuer indirectly owned by Mr. Morris.  The securities indirectly owned by Mr. William C. Morris following the reported transactions, as stated on the first page of this Form 4, reflect a reduction of 20,297.836 shares resulting from a termination of a grantor trust (which owned such shares) and corresponding distribution of such shares to the trust's sole beneficiary (Mr. Morris' son).  This statement is filed pursuant to Section 16 of the Act and shall not be deemed an admission that the reporting person is, for purposes of Section 16 of the Act, or otherwise, the beneficial owner of the subject securities.

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