DREYFUS LAUREL TAX FREE MUNICIPAL FUNDS
497, 1997-04-04
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                                                                April 4, 1997
                THE DREYFUS/LAUREL TAX-FREE MUNICIPAL FUNDS --
             DREYFUS BASIC CALIFORNIA MUNICIPAL MONEY MARKET FUND
                          SUPPLEMENT TO PROSPECTUS
                           DATED NOVEMBER 1, 1996
        THE FOLLOWING INFORMATION SUPPLEMENTS THE SECTIONS OF THE FUND'S
PROSPECTUS ENTITLED "EXPENSE SUMMARY," "FUND EXCHANGES," AND "HOW TO REDEEM
FUND SHARES:"
        The Fund will waive the fee chargeable for writing a redemption
check, for an exchange made out of the Fund pursuant to the Fund Exchange
Privilege, for each redemption by wire or pursuant to the Dreyfus TELETRANSFER
Privilege, and for otherwise closing out an account, provided that the closing
balance in the shareholder's account on the business day immediately preceding
the effective date of such transaction is $50,000 or more.  307s040497


                                                                 April 4, 1997
                  THE DREYFUS/LAUREL TAX-FREE MUNICIPAL FUNDS --
             DREYFUS BASIC MASSACHUSETTS MUNICIPAL MONEY MARKET FUND
                          SUPPLEMENT TO PROSPECTUS
                           DATED NOVEMBER 1, 1996
        THE FOLLOWING INFORMATION SUPPLEMENTS THE SECTIONS OF THE FUND'S
PROSPECTUS ENTITLED "EXPENSE SUMMARY," "FUND EXCHANGES," AND "HOW TO REDEEM
FUND SHARES:"
        The Fund will waive the fee chargeable for writing a redemption
check, for an exchange made out of the Fund pursuant to the Fund Exchange
Privilege, for each redemption by wire or pursuant to the Dreyfus TELETRANSFER
Privilege, and for otherwise closing out an account, provided that the closing
balance in the shareholder's account on the business day immediately preceding
the effective date of such transaction is $50,000 or more.  315s040497



                                                                 April 4, 1997
               THE DREYFUS/LAUREL TAX-FREE MUNICIPAL FUNDS --
             DREYFUS BASIC NEW YORK MUNICIPAL MONEY MARKET FUND
                         SUPPLEMENT TO PROSPECTUS
                          DATED NOVEMBER 1, 1996
        THE FOLLOWING INFORMATION SUPPLEMENTS THE SECTIONS OF THE FUND'S
PROSPECTUS ENTITLED "EXPENSE SUMMARY," "FUND EXCHANGES," AND "HOW TO REDEEM
FUND SHARES:"
        The Fund will waive the fee chargeable for writing a redemption
check, for an exchange made out of the Fund pursuant to the Fund Exchange
Privilege, for each redemption by wire or pursuant to the Dreyfus TELETRANSFER
Privilege, and for otherwise closing out an account, provided that the closing
balance in the shareholder's account on the business day immediately preceding
the effective date of such transaction is $50,000 or more.  316s040497



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