FIRST PRAIRIE DIVERSIFIED ASSET FUND
c/o THE DREYFUS CORPORATION
200 PARK AVENUE
NEW YORK, NY 10166
February 24, 1995
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, NW
Washington, DC 20549
24f-2 Notice - FIRST PRAIRIE DIVERSIFIED ASSET FUND
Registration Statement No. 2-95547 - CIK #0000762126
Gentlemen:
On December 31, 1985, the Registration Statement of First Prairie
Diversified Asset Fund 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, 1994.
The following information is furnished:
(a) Shares registered under Securities Act
of 1933 other than pursuant to Rule 24f(2): None
SHARES DOLLAR AMOUNT
(b) Total number of shares sold during
fiscal year ended 12/31/94 subject
to registration under Rule 24f-2: 532,805 $ 6,812,707
(c) Less shares redeemed during
fiscal year ended 12/31/94: 996,702 $12,384,919
------- -----------
Net Sales During Year [(b) - (c)]: (463,897) ($ 5,572,212)
========== =============
CALCULATION OF FEE
Since the shares redeemed exceed the shares sold, no registration fee is
required.
Very truly yours,
JJP/jab /s/ Domenick Pugliesi
Domenick Pugliesi,
Secretary
cc: Mr. J. deMichaelis, SEC
Ms. R. McLaughlin, E&Y
Mr. S. Rosenberg, BONY
