EX-99.B-77Q1(a)

                      UNITED GOLD & GOVERNMENT FUND, INC.

SUB-ITEM 77Q1(a)    Changes to the registrant's bylaws:

                              AMENDMENT TO BYLAWS

     RESOLVED, That the Bylaws of each of United Funds, Inc., United Asset
Strategy Fund, Inc., United Cash Management, Inc., United Continental Income
Fund, Inc., United Gold & Government Fund, Inc., United Government Securities
Fund, Inc., United High Income Fund, Inc., United High Income Fund II, Inc.,
United International Growth Fund, Inc., United Municipal Bond Fund, Inc., United
Municipal High Income Fund, Inc., United New Concepts Fund, Inc., United
Retirement Shares, Inc., United Vanguard Fund, Inc., Target/United Funds, Inc.
and Waddell & Reed Funds, Inc. are amended by substitution of the following for
the initial paragraph of Article I, Section 7, regarding voting and inspectors;
and, with respect to United Asset Strategy Fund, Inc., United Retirement Shares,
Inc. and Waddell & Reed Funds, Inc., for Article II, Section 2, regarding voting
and proxies:

     At all meetings of the stockholders, every stockholder of record
     entitled to vote thereat shall be entitled to vote either in person or
     by proxy, which term shall include proxies provided by such
     stockholder, or his duly authorized attorney, through written,
     electronic, telephonic, computerized, facsimile, telecommunications,
     telex or oral communication or by any other form of communication,
     each pursuant to such voting procedures and through such systems as
     are authorized by the Board of Directors or one or more executive
     officers of the Corporation.  No proxy which is dated or, if otherwise
     provided as permitted by these Bylaws and applicable Maryland law,
     provided more than three months before the meeting at which it is
     offered shall be accepted, unless such proxy shall, on its face, name
     or, if otherwise provided as permitted by these Bylaws and applicable
     Maryland law, provide a longer period for which it is to remain in
     force.

     I certify that I am Assistant Secretary of each of the following
Corporations, and as such officer, have custody of the minute books of the
Corporations, and that the foregoing resolutions are true and correct
resolutions duly passed by the Board of Directors of each of the following
Corporations at a meeting held on February 10, 1999.

               United Funds, Inc.
               United Asset Strategy Fund, Inc.
               United Cash Management, Inc.
               United Continental Income Fund, Inc.
               United Gold & Government Fund, Inc.
               United Government Securities Fund, Inc.
               United High Income Fund, Inc.
               United High Income Fund II, Inc.
               United International Growth Fund, Inc.
               United Municipal Bond Fund, Inc.
               United Municipal High Income Fund, Inc.
               United New Concepts Fund, Inc.
               United Retirement Shares, Inc.
               United Vanguard Fund, Inc.
               Target/United Funds, Inc.
               Waddell & Reed Funds, Inc.


                              /s/Kristen A. Richards
                              -----------------------------------------
                              Kristen A. Richards, Assistant Secretary

Dated this 10th day of February, 1999.