DELAWARE GROUP CASH RESERVE INC
497, 1998-07-01
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                               July 1, 1998

                          Delaware Cash Reserve 
       
                           B Class and C Class
                                    
             Supplement to the Prospectus dated May 29, 1998
                                    

The following replaces the section of the Prospectus entitled Statements
and Confirmation under The Delaware Difference:

Statements and Confirmations
     You will receive quarterly statements of your account
summarizing all transactions during the period.  A confirmation
statement will be sent following all transactions other than
those involving a reinvestment of dividends and those involving
payroll deferrals into SIMPLE IRA accounts.  You should examine
statements and confirmations immediately and promptly report any
discrepancy by calling the Shareholder Service Center.



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