DREYFUS NEW LEADERS FUND INC
24F-2NT, 1994-02-28
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                          DREYFUS NEW LEADERS FUND, INC.
                                 200 PARK AVENUE
                              NEW YORK, NY  10166




Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, NW
Washington, DC  20549



     Rule 24f-2 Notice - DREYFUS NEW LEADERS FUND, INC.
     Registration Statement No. 2-88816 - CIK #0000737520



Gentlemen:

    On January 15, 1985, the Registration Statement of Dreyfus New Leaders
Fund, Inc. was declared effective by the SEC.  The Registration Statement
represented the Fund's election to register an indefinite number of shares and
this Notice, filed pursuant to Rule 24f-2, is for the fiscal year ended
December 31, 1993.

    The following information is furnished:

    (a) Shares registered under Securities
        Act of 1933 during fiscal year other
        than pursuant to Section 24(f):                             812,293



                                                  SHARES        DOLLAR AMOUNT

    (b) Total number of shares sold during
        fiscal year ended 12/31/93 subject
        to registration under Rule 24f-2:       3,775,180      $131,612,180

    (c) Less shares redeemed during
        fiscal year ended 12/31/93:             2,014,715        70,216,637
                                               ----------      ------------

    Net Sales During Year [(b) - (c)]:          1,760,465      $ 61,395,543
                                                =========      ============

    Less shares registered other
    than pursuant to Section 24(f)                812,293        19,768,629
                                                ---------      ------------

    Balance of registered shares                  948,172      $ 41,626,914
                                                =========      ============
                                          -2-


                                   CALCULATION OF FEE

    Net sales dollar amount of $41,626,914 @ 1/29 of 1% = $14,352.96.

    Funds in the amount of $14,352.96 representing the registration fee were
wired to CIK #0000737520 on February 25, 1994.  An opinion of counsel is
enclosed.


                                                   Very truly yours,

MNJ/ems

                                                   Mark N. Jacobs, 
cc:  Mr. J. deMichaelis, SEC                       Secretary
     Ms. R. McLaughlin, E&Y
     Mr. S. Rosenberg, BONY
    


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