DREYFUS STRATEGIC INCOME
N-18F1, 1994-01-20
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                     SECURITIES AND EXCHANGE COMMISSION
                           Washington, D.C. 20549







 __________________________________________________________________________

               NOTIFICATION OF ELECTION PURSUANT TO RULE 18f-1
                  UNDER THE INVESTMENT COMPANY ACT OF 1940
 __________________________________________________________________________







                          DREYFUS STRATEGIC INCOME
                          ________________________
                          Exact Name of Registrant






                          NOTIFICATION OF ELECTION
                          ________________________

           Dreyfus Strategic Income (the "Fund"), an open-end investment
     company registered with the Securities and Exchange Commission (the
     "Commission") under the Investment Company Act of 1940, as amended (the
     "1940 Act"), hereby notifies the Commission that it elects to commit
     itself to pay in cash all redemptions by a shareholder of record as
     provided by Rule 18f-1 under the 1940 Act (the "Rule").  The Fund
     understands that this election is irrevocable while the Rule is in
     effect unless the Commission by order upon application permits the
     withdrawal of this Notification of Election.


                                  SIGNATURE
                                  _________

           Pursuant to the requirements of Rule 18f-1 under the 1940
     Act, the Fund has caused this Notification of Election to be duly
     executed on its behalf in the City of New York and the State of New
     York on the 20th day of January, 1994.

                          Dreyfus Strategic Income


                By: ___________________________________________
                     Mark N. Jacobs
                     Vice President





     Attest: ____________________________________________
              Christine Pavalos
              Assistant Secretary



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