SCHEDULE 14A INFORMATION


Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934

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[    ]	Preliminary Proxy Statement
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[    ]	Soliciting Material Pursuant to Sec. 240.14a-11(c) or Sec. 240.14a-12

	CIM High Yield Securities	
	(Name of Registrant as Specified In Its Charter)

	Gail A. Hanson, Secretary	
	(Name of Person(s) Filing Proxy Statement)

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4)	Date Filed:  August 21, 1997



CIM High Yield Securities, Inc.




October 14, 1997 



Dear Shareholder :

The Annual Meeting of Shareholders for CIM High 
Yield Securities was held on October 8, 1997.  At 
this meeting, there were not sufficient votes 
received to approve Proposal 3; therefore the 
meeting was adjourned with respect to this matter 
until November 12, 1997 at 10:00 a.m. at First 
Data Investor Services Group, 53 State Street, 
Boston, Massachusetts in order to allow 
shareholders more time to vote.

Our records indicate that we have not received 
your vote.

Please take this opportunity to sign and return 
the enclosed ballot in the business reply 
envelope provided.


 				
					First Data Investor 
Services Group, Inc.
					Transfer Agent



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