June 23, 1997
Securities and Exchange Commision
Judiciary Plaza
450 Fifth Street, N.W.
Washington, D.C. 20549
Attention: Filings - Rule 497(j)
Re: Dreyfus Institutional Preferred Money Market Fund
CIK No. 1038520
1940 Act File No. 811-8211
Registration Statement File No. 333-26513
Dear Sir/Madam:
Pursuant to Rule 497(j) under the Securities Act of 1933, please be
advised that there are no changes to the Prospectus and Statement of
Additional Information contained in Post-Effective Amendment No. 1 to the
Fund's Registration Statement on Form N-1A filed pursuant to Rule 485(b) with
the Securities and Exchange Commission on June 9, 1997.
Please address any comments or questions to the undersigned at (212) 922-
6787.
Very truly yours,
Elizabeth Larkin
EL:dp
cc: J. Prusnofsky
Stroock & Stroock & Lavan
Ernst & Young LLP