GENERAL NEW YORK MUNICIPAL BOND FUND INC
NSAR-B, 1999-12-23
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080 A000000 NAT'L UNION FIRE INS. CO. OF PITTSBURGH, PA
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SIGNATURE   STEPHANIE D. PIERCE
TITLE       ASSISTANT TREASURER


WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000750002
<NAME> GENERAL NEW YORK MUNICIPAL BOND FUND, INC.
<MULTIPLIER> 1000

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</TABLE>




                       Report of Independent Auditors


To the Shareholders and Board of Directors of
General New York Municipal Bond Fund, Inc.

In  planning and performing our audit of the financial statements of  General
New  York  Municipal Bond Fund, Inc. for the year ended October 31, 1999,  we
considered   its   internal  control,  including   control   activities   for
safeguarding  securities, in order to determine our auditing  procedures  for
the  purpose  of  expressing our opinion on the financial statements  and  to
comply  with  the  requirements of Form N-SAR, not to  provide  assurance  on
internal control.

The  management of General New York Municipal Bond Fund, Inc. is  responsible
for  establishing  and  maintaining  internal  control.  In  fulfilling  this
responsibility, estimates and judgments by management are required to  assess
the expected benefits and related costs of controls. Generally, controls that
are  relevant  to  an  audit pertain to the entity's objective  of  preparing
financial  statements  for external purposes that  are  fairly  presented  in
conformity  with  generally  accepted accounting principles.  Those  controls
include the safeguarding of assets against unauthorized acquisition,  use  or
disposition.

Because of inherent limitations in internal control, error or fraud may occur
and  not  be detected. Also, projection of any evaluation of internal control
to  future  periods  is  subject to the risk that it  may  become  inadequate
because of changes in conditions or that the effectiveness of the design  and
operation may deteriorate.

Our  consideration  of  internal control would not necessarily  disclose  all
matters in internal control that might be material weaknesses under standards
established  by  the American Institute of Certified Public  Accountants.   A
material weakness is a condition in which the design or operation of  one  or
more  of the internal control components does not reduce to a relatively  low
level  the  risk that misstatements caused by error or fraud in amounts  that
would  be material in relation to the financial statements being audited  may
occur  and not be detected within a timely period by employees in the  normal
course  of performing their assigned functions. However, we noted no  matters
involving  internal  control  and  its  operation,  including  controls   for
safeguarding  securities,  that we consider  to  be  material  weaknesses  as
defined above at October 31, 1999.

This report is intended solely for the information and use of management, the
Board  of  Directors of General New York Municipal Bond Fund, Inc.,  and  the
Securities  and Exchange Commission and is not intended to be and should  not
be used by anyone other than these specified parties.



                              ERNST & YOUNG LLP

December 7, 1999


                                        Sub-Item 77M

                 GENERAL NEW YORK MUNICIPAL BOND FUND, INC.

                                   Mergers

     During the fiscal year ended October 31, 1999, the Registrant was the
surviving entity of an exchange transaction with Dreyfus New York Insured Tax
Exempt Bond Fund (the "Acquired Fund") as described below.

     On  April 12, 1999 and July 21, 1999, the Acquired Fund's Board and the
Registrant's Board, respectively, approved an Agreement and Plan of
Reorganization (the "Plan") providing for the transfer of all assets, subject
to liabilities, of the Acquired Fund in exchange for the Registrant's (the
"Acquiring Fund") shares having an aggregate net asset value equal to the
aggregate net asset value of the Acquired Fund shares (the "Exchange").

     At a Special Meeting of Shareholders of the Acquired Fund, held on
August 4, 1999, shareholders of the Acquired Fund voted to approve the
Agreement and Plan of Reorganization.  The votes of the Acquiring Fund
shareholders were not solicited since their approval or consent was not
necessary for the Exchange.

     After the close of business on September 23, 1999, the Exchange was
consummated with respect to the Acquiring Fund.  The Acquired Fund
distributed such Acquiring Fund shares among its shareholders.  Each
shareholder of the Acquired Fund  received Acquiring Fund shares (or
fractions thereof) having an aggregate net asset value equal to the aggregate
net asset value of the shareholder's Acquired Fund shares as of September 23,
1999.  Thereafter, the Acquired Fund was dissolved.



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