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<PAGE> PAGE 2
022 B000007 04-2274939
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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<PAGE> PAGE 6
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SIGNATURE MICHAEL S. PETRUCELLI
TITLE V.P AND ASST. TREAS.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0001038520
<NAME> DREYFUS INSTITUTIONAL PREFERRED MONEY MARKET FUND
<MULTIPLIER> 1000
<S> <C>
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<NUMBER-OF-SHARES-REDEEMED> (4214202)
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</TABLE>
