DREYFUS LAUREL TAX FREE MUNICIPAL FUNDS
497, 1994-12-22
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                                                 December 19, 1994


                               DREYFUS CORE VALUE FUND
                  Supplement to Prospectus dated December 19, 1994

      Class R shares are not currently available pursuant to this
Prospectus.  For further information on Class R shares, please call 1-800-
548-2868.






                                                  December 19, 1994


                             DREYFUS SPECIAL GROWTH FUND
                  Supplement to Prospectus dated December 19, 1994

      Class R shares are not currently available pursuant to this
Prospectus.  For further information on Class R shares, please call 1-800-
548-2868.







                                                  December 19, 1994


                             DREYFUS EQUITY INCOME FUND
                  Supplement to Prospectus dated December 19, 1994

      Class R shares are not currently available pursuant to this
Prospectus.  For further information on Class R shares, please call 1-800-
548-2868.






                                                  December 19, 1994


                          PREMIER SMALL COMPANY STOCK FUND
                  Supplement to Prospectus dated December 19, 1994

      Class R shares are not currently available pursuant to this
Prospectus.  For further information on Class R shares, please call 1-800-
548-2868.





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