November 4, 1994
DREYFUS TREASURY CASH MANAGEMENT
SUPPLEMENT TO PROSPECTUS DATED SEPTEMBER 30, 1993
THE FOLLOWING INFORMATION SUPPLEMENTS AND SUPERSEDES ANY
CONTRARY INFORMATION CONTAINED IN THE FUND'S PROSPECTUS UNDER THE SECTION
ENTITLED "HOW TO BUY FUND SHARES".
Shares of the Fund are sold on a continuous basis at the
net asset value per share next determined after an order in proper form and
Federal Funds (monies of member banks within the Federal Reserve System which
are held on deposit at a Federal Reserve Bank) are received in a timely
fashion by the Transfer Agent or the Custodian, or the Sub-custodian, as the
case may be. If Federal Funds are not remitted, payment must be converted
into Federal Funds. This usually occurs within one business day of receipt
of a bank wire or within two business days of receipt of a check drawn on a
member bank of the Federal Reserve System. Checks drawn on banks which are
not members of the Federal Reserve System may take considerably longer to
revert into Federal Funds. Prior to receipt of Federal Funds, an investor's
money will not be invested.
Net asset value per share is determined as of 5:00 p.m.,
New York time (2:00 p.m. California time) on each day the New York Stock
Exchange is open for business. Net asset value per share is computed by
dividing the value of the Fund's net assets (i.e, the value of its assets
less liabilities) by the total number of shares outstanding. See
"Determination of Net Asset Value" in the Statement of Additional
Information.
Investors whose orders are received by 5:00 p.m., New York
Time, and whose payments are received in or converted into Federal Funds by
6:00 p.m., New York Time, by the Transfer Agent or the Custodian will receive
dividends declared on that day.
521/stkr110494
