DREYFUS LAUREL FUNDS INC
497, 1995-06-08
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                                                          June 9, 1995

                         THE DREYFUS/LAUREL FUNDS, INC. -
                         DREYFUS MONEY MARKET RESERVES
                          DREYFUS MUNICIPAL RESERVES
                         DREYFUS U.S. TREASURY RESERVES

                 Supplement to Prospectus Dated April 10, 1995


      The following information supplements, should be read in conjunction
with, and supersedes any contrary information contained in the Fund's
Prospectus.

      Effective June 9, 1995, the following name changes occurred:


             Former Name                                 New Name

Dreyfus/Laurel Prime Money Market Fund           Dreyfus Money Market Reserves
Dreyfus/Laurel Tax-Exempt Money Market Fund      Dreyfus Municipal Reserves
Dreyfus/Laurel U.S. Treasury Money Market Fund   Dreyfus U.S. Treasury Reserves


As of such date, Dreyfus Municipal Reserves may invest without limitation
in municipal obligations the interest from which gives rise to a
preference item for purposes of the alternative minimum tax as long as
such investment is consistent with the Fund's investment objective.  To
provide the Fund with added investment flexibility, references in the
Prospectus stating that the Fund has no current intention of investing in
such municipal obligations are hereby deleted.

                  ___________________________________


      The following information supersedes and replaces the third sentence
in the eighth paragraph in the section in the Fund's Prospectus entitled
"How to Buy Fund Shares - General":

      The instructions must specify your Fund account registration and Fund
account number preceded by the digits:

      "4790" Dreyfus Money Market Reserves/Investor shares;
      "4800" Dreyfus Money Market Reserves/Class R shares;
      "4860" Dreyfus Municipal Reserves/Investor shares;
      "4850" Dreyfus Municipal Reserves/Class R shares;
      "4900" Dreyfus U.S. Treasury Reserves/Investor shares;
      "4890" Dreyfus U.S. Treasury Reserves/Class R shares.





                                                          June 9, 1995



                            THE DREYFUS/LAUREL FUNDS, INC. -
                            DREYFUS MONEY MARKET RESERVES
                            DREYFUS MUNICIPAL RESERVES
                            DREYFUS U.S. TREASURY RESERVES

      Supplement to Statement of Additional Information Dated April 10, 1995


      Effective June 9, 1995 the following name changes occurred:

             Former Name                                  New Name

Dreyfus/Laurel Prime Money Market Fund           Dreyfus Money Market Reserves
Dreyfus/Laurel Tax-Exempt Money Market Fund      Dreyfus Municipal Reserves
Dreyfus/Laurel U.S. Treasury Money Market Fund   Dreyfus U.S. Treasury Reserves













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