May 3, 2000
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, NW
Washington, DC 20549
Re: Dreyfus New Leaders Fund, Inc.
File Nos. 2-88816
CIK No. 0000737520
Dear Sir/Madam:
Pursuant to Rule 497(j) under the Securities Act of 1933, this is to
certify that the form of Prospectus and Statement of Additional Information that
would have been filed under paragraph (b) or (c) of this section does not differ
from that contained in the most recent amendment to the Fund's Registration
Statement, electronically filed with the Securities and Exchange Commission on
April 25, 2000.
Very truly yours,
Christine Brennan
CB\
cc: Ernst & Young LLP
Stroock & Stroock & Lavan LLP
