June 12, 1995
THE DREYFUS/LAUREL FUNDS, INC. -
DREYFUS BOND MARKET
INDEX FUND
SUPPLEMENT TO PROSPECTUS
DATED APRIL 10, 1995
THE FOLLOWING INFORMATION SUPPLEMENTS THE INFORMATION CONTAINED IN
THE SECTIONS IN THE FUND'S PROSPECTUS ENTITLED "HOW TO BUY FUND SHARES" AND
"SHAREHOLDER SERVICES":
Fund shares are also offered without regard to the minimum initial
investment requirements through Dreyfus-AUTOMATIC Asset Builder, Dreyfus
Government Direct Deposit Privilege or Dreyfus Payroll Savings Plan pursuant
to the Dreyfus Step Program. These services enable you to make regularly
scheduled investments and may provide you with a convenient way to invest for
long-term financial goals. You should be aware, however, that periodic
investment plans do not guarantee a profit and will not protect an investor
against loss in a declining market.
DREYFUS STEP PROGRAM - Dreyfus Step Program enables you to purchase Investor
shares without regard to the Fund's minimum initial investment requirements
through Dreyfus-AUTOMATIC Asset Builder, Dreyfus Government Direct Deposit
Privilege or Dreyfus Payroll Savings Plan. To establish a Dreyfus Step
Program account, you must supply the necessary information on the Fund's
Account Application and file the required authorization form(s) with the
Transfer Agent. For more information concerning this Program, or to request
the necessary authorization form(s), please call toll free 1-800-782-6620.
You may terminate your participation in this Program at any time by
discontinuing your participation in Dreyfus-AUTOMATIC Asset Builder, Dreyfus
Government Direct Deposit Privilege or Dreyfus Payroll Savings Plan, as the
case may be, as provided under the terms of such Privilege(s). The Fund
reserves the right to redeem your account if you have terminated your
participation in the Program and your account's net asset value is $500 or
less. See "How to Redeem Fund Shares." The Fund may
(CONTINUED ON REVERSE SIDE)
modify or terminate this Program at any time. Investors who wish to purchase
Investor shares through Dreyfus Step Program in conjunction with a
Dreyfus-sponsored retirement plan may do so only for IRAs, SEP-IRAs and IRA
"Rollover Accounts."
THE FOLLOWING INFORMATION SUPERSEDES AND REPLACES THE SECTION IN THE
FUND'S PROSPECTUS ENTITLED "MANAGEMENT OF THE FUND-CUSTODIAN, TRANSFER AND
DIVIDEND DISBURSING AGENT, AND SUB-ADMINISTRATOR":
CUSTODIAN, FUND ACCOUNTANT, TRANSFER AND DIVIDEND DISBURSING AGENT
AND SUB-ADMINISTRATOR - Boston Safe Deposit and Trust Company (One Boston
Place, Boston, MA 02109) ("Boston Safe"), an indirect wholly-owned subsidiary
of Mellon Bank Corporation, serves as the Fund's custodian. As custodian,
Boston Safe maintains possession of the Fund's investment securities and
provides portfolio recordkeeping services. Boston Safe is authorized to
deposit securities in securities depositories or to use the services of
subcustodians. Mellon Bank, N.A. serves as the fund accountant for the Fund,
maintaining the daily accounting records of the Fund, including NAV
determinations and purchase and sale records. The Fund's Transfer and
Dividend Disbursing Agent is The Shareholder Services Group, Inc., a
subsidiary of First Data Corporation, One American Express Plaza, Providence,
Rhode Island 02903. Premier Mutual Fund Services, Inc. serves as the Fund's
sub-administrator and, pursuant to a Sub-Administration Agreement with
Dreyfus, provides various administrative and corporate secretarial services
to the Fund.
310/710s061295
June 12, 1995
THE DREYFUS/LAUREL FUNDS, INC.
- DREYFUS DISCIPLINED
STOCK FUND
SUPPLEMENT TO PROSPECTUS
DATED MARCH 1, 1995
THE INFORMATION IN ITEMS I-IV BELOW WILL BECOME EFFECTIVE ON APRIL
10, 1995:
I. THE FOLLOWING INFORMATION SUPERSEDES AND REPLACES THE INFORMATION IN THE
FIRST TWO SENTENCES OF THE EIGHTH PARAGRAPH CONTAINED IN THE SECTION IN THE
FUND'S PROSPECTUS ENTITLED "HOW TO BUY FUND SHARES - GENERAL" AND TOGETHER
WITH THE REMAINDER OF THE INFORMATION CONTAINED IN SUCH EIGHTH PARAGRAPH
REPRESENTS NEW INSTRUCTIONS FOR INVESTMENTS BY WIRE:
Wire payments may be made if your bank account is in a commercial
bank that is a member of the Federal Reserve System or any other bank having
a correspondent bank in New York City. Immediately available funds may be
transmitted by wire to Boston Safe Deposit & Trust Co., together with the
applicable Class' DDA# as shown below, for purchase of Fund shares in your
name:
DDA# 044229 Dreyfus Disciplined Stock Fund/Investor shares;
DDA# 044210 Dreyfus Disciplined Stock Fund/Class R shares.
II. THE FOLLOWING INFORMATION SUPERSEDES AND REPLACES THE INFORMATION IN THE
NINTH PARAGRAPH CONTAINED IN THE SECTION IN THE FUND'S PROSPECTUS ENTITLED
"HOW TO BUY FUND SHARES - GENERAL" AND REPRESENTS NEW INSTRUCTIONS FOR
INVESTMENTS BY ELECTRONIC TRANSFER OF FUNDS:
Subsequent investments also may be made by electronic transfer of
funds from an account maintained in a bank or other domestic financial
institution that is an Automated Clearing House ("ACH")member. You must
direct the institution to transmit immediately available funds through the
ACH System to Boston Safe Deposit & Trust Co. with instructions to credit
your Fund account. The instructions must specify your Fund account
registration and Fund account number PRECEDED BY THE DIGITS "4060" for
Investor shares and "4050" for Class R shares.
III.THE FOLLOWING INFORMATION SUPPLEMENTS AND SUPERSEDES ANY CONTRARY
INFORMATION CONTAINED IN THE FUND'S PROSPECTUS AND SPECIFICALLY IN THE
SECTIONS ENTITLED "HOW TO BUY FUND SHARES" AND "HOW TO REDEEM FUND SHARES":
Class R shares may be purchased or redeemed by telephone using the
Dreyfus TELETRANSFER Privilege.
IV. THE SIXTH PARAGRAPH ON PAGE ONE OF THE FUND'S PROSPECTUS AS WELL AS THE
THIRD PARAGRAPH CONTAINED IN THE SECTION IN THE FUND'S PROSPECTUS ENTITLED
"HOW TO BUY FUND SHARES - GENERAL" ARE DELETED IN THEIR ENTIRETY.
(CONTINUED ON REVERSE SIDE)
THE FOLLOWING INFORMATION SUPPLEMENTS THE INFORMATION CONTAINED IN THE
SECTIONS IN THE FUND'S PROSPECTUS ENTITLED "HOW TO BUY FUND SHARES" AND
"SHAREHOLDER SERVICES":
Fund shares are also offered without regard to the minimum initial
investment requirements through Dreyfus-AUTOMATIC Asset Builder, Dreyfus
Government Direct Deposit Privilege or Dreyfus Payroll Savings Plan pursuant
to the Dreyfus Step Program. These services enable you to make regularly
scheduled investments and may provide you with a convenient way to invest for
long-term financial goals. You should be aware, however, that periodic
investment plans do not guarantee a profit and will not protect an investor
against loss in a declining market.
DREYFUS STEP PROGRAM - Dreyfus Step Program enables you to purchase Investor
and Class R shares without regard to the Fund's minimum initial investment
requirements through Dreyfus-AUTOMATIC Asset Builder, Dreyfus Government
Direct Deposit Privilege or Dreyfus Payroll Savings Plan. To establish a
Dreyfus Step Program account, you must supply the necessary information on
the Fund's Account Application and file the required authorization form(s)
with the Transfer Agent. For more information concerning this Program, or to
request the necessary authorization form(s), please call toll free
1-800-782-6620. You may terminate your participation in this Program at any
time by discontinuing your participation in Dreyfus-AUTOMATIC Asset Builder,
Dreyfus Government Direct Deposit Privilege or Dreyfus Payroll Savings Plan,
as the case may be, as provided under the terms of such Privilege(s). The
Fund reserves the right to redeem your account if you have terminated your
participation in the Program and your account's net asset value is $500 or
less. See "How to Redeem Fund Shares." The Fund may modify or terminate this
Program at any time. Investors who wish to purchase Investor and Class R
shares through Dreyfus Step Program in conjunction with a Dreyfus-sponsored
retirement plan may do so only for IRAs, SEP-IRAs and IRA "Rollover
Accounts."
THE FOLLOWING INFORMATION SUPPLEMENTS AND SUPERSEDES ANY CONTRARY
INFORMATION CONTAINED IN THE FUND'S PROSPECTUS.
From time to time, the Fund may offer its Class R shares to investors
generally or to certain other groups of investors. Currently, the Fund's
Class R shares, which are not subject to a 12b-1 fee, are available to all
investors. Investor class shares of the Fund, which are subject to a .25%
12b-1 fee, are not currently available through either purchase or exchange,
except to existing Investor class shareholders. Unless the Fund is otherwise
instructed, new purchases or exchanges by existing Investor class
shareholders will be in Investor class shares. These arrangements may be
modified or terminated at any time.
328/728s061295
June 12, 1995
THE DREYFUS/LAUREL FUNDS, INC. -
DREYFUS DISCIPLINED MIDCAP STOCK FUND
SUPPLEMENT TO PROSPECTUS
DATED MARCH 1, 1995
THE FOLLOWING INFORMATION SUPPLEMENTS THE INFORMATION CONTAINED IN
THE SECTIONS IN THE FUND'S PROSPECTUS ENTITLED "HOW TO BUY FUND SHARES" AND
"SHAREHOLDER SERVICES":
Fund shares are also offered without regard to the minimum initial
investment requirements through Dreyfus-AUTOMATIC Asset Builder, Dreyfus
Government Direct Deposit Privilege or Dreyfus Payroll Savings Plan pursuant
to the Dreyfus Step Program. These services enable you to make regularly
scheduled investments and may provide you with a convenient way to invest for
long-term financial goals. You should be aware, however, that periodic
investment plans do not guarantee a profit and will not protect an investor
against loss in a declining market.
DREYFUS STEP PROGRAM - Dreyfus Step Program enables you to purchase Investor
shares without regard to the Fund's minimum initial investment requirements
through Dreyfus-AUTOMATIC Asset Builder, Dreyfus Government Direct Deposit
Privilege or Dreyfus Payroll Savings Plan. To establish a Dreyfus Step
Program account, you must supply the necessary information on the Fund's
Account Application and file the required authorization form(s) with the
Transfer Agent. For more information concerning this Program, or to request
the necessary authorization form(s), please call toll free 1-800-782-6620.
You may terminate your participation in this Program at any time by
discontinuing your participation in Dreyfus-AUTOMATIC Asset Builder, Dreyfus
Government Direct Deposit Privilege or Dreyfus Payroll Savings Plan, as the
case may be, as provided under the terms of such Privilege(s). The Fund
reserves the right to redeem your account if you have terminated your
participation in the Program and your account's net asset value is $500 or
less. See "How to Redeem Fund Shares." The Fund may
(CONTINUED ON REVERSE SIDE)
modify or terminate this Program at any time. Investors who wish to purchase
Investor shares through Dreyfus Step Program in conjunction with a
Dreyfus-sponsored retirement plan may do so only for IRAs, SEP-IRAs and IRA
"Rollover Accounts."
THE FOLLOWING INFORMATION SUPERSEDES AND REPLACES THE SECTION IN THE
FUND'S PROSPECTUS ENTITLED "MANAGEMENT OF THE FUND-CUSTODIAN, TRANSFER AND
DIVIDEND DISBURSING AGENT, AND SUB-ADMINISTRATOR":
CUSTODIAN, FUND ACCOUNTANT, TRANSFER AND DIVIDEND DISBURSING AGENT
AND SUB-ADMINISTRATOR - Boston Safe Deposit and Trust Company (One Boston
Place, Boston, MA 02109) ("Boston Safe"), an indirect wholly-owned subsidiary
of Mellon Bank Corporation, serves as the Fund's custodian. As custodian,
Boston Safe maintains possession of the Fund's investment securities and
provides portfolio recordkeeping services. Boston Safe is authorized to
deposit securities in securities depositories or to use the services of
subcustodians. Mellon Bank, N.A. serves as the fund accountant for the Fund,
maintaining the daily accounting records of the Fund, including NAV
determinations and purchase and sale records. The Fund's Transfer and
Dividend Disbursing Agent is The Shareholder Services Group, Inc., a
subsidiary of First Data Corporation, One American Express Plaza, Providence,
Rhode Island 02903. Premier Mutual Fund Services, Inc. serves as the Fund's
sub-administrator and, pursuant to a Sub-Administration Agreement with
Dreyfus, provides various administrative and corporate secretarial services
to the Fund.
330/730s061295
June 12, 1995
THE DREYFUS/LAUREL FUNDS, INC. -
DREYFUS EQUITY INCOME FUND
SUPPLEMENT TO PROSPECTUS
DATED MARCH 1, 1995
THE INFORMATION IN ITEMS I-IV BELOW WILL BECOME EFFECTIVE ON APRIL
10, 1995:
I. THE FOLLOWING INFORMATION SUPERSEDES AND REPLACES THE INFORMATION IN
THE FIRST THREE SENTENCES OF THE EIGHTH PARAGRAPH CONTAINED IN THE SECTION IN
THE FUND'S PROSPECTUS ENTITLED "HOW TO BUY FUND SHARES _ GENERAL" AND TOGETHER
WITH THE REMAINDER OF THE INFORMATION CONTAINED IN SUCH EIGHTH PARAGRAPH
REPRESENTS NEW INSTRUCTIONS FOR INVESTMENTS BY WIRE:
Wire payments may be made if your bank account is in a commercial
bank that is a member of the Federal Reserve System or any other bank having
a correspondent bank in New York City. Immediately available funds may be
transmitted by wire to Boston Safe Deposit & Trust Co., together with the
applicable Class' DDA# as shown below, for purchase of Fund shares in your
name:
DDA# 044237 Dreyfus Equity Income Fund/Investor shares;
DDA# 043591 Dreyfus Equity Income Fund/Class R shares.
II. THE FOLLOWING INFORMATION SUPERSEDES AND REPLACES THE INFORMATION IN THE
NINTH PARAGRAPH CONTAINED IN THE SECTION IN THE FUND'S PROSPECTUS ENTITLED
"HOW TO BUY FUND SHARES - GENERAL" AND REPRESENTS NEW INSTRUCTIONS FOR
INVESTMENTS BY ELECTRONIC TRANSFER OF FUNDS:
Subsequent investments also may be made by electronic transfer of
funds from an account maintained in a bank or other domestic financial
institution that is an Automated Clearing House ("ACH")member. You must
direct the institution to transmit immediately available funds through the
ACH System to Boston Safe Deposit & Trust Co. with instructions to credit
your Fund account. The instructions must specify your Fund account
registration and Fund account number PRECEDED BY THE DIGITS "4070" for
Investor shares and"4910" for Class R shares.
III.THE FOLLOWING INFORMATION SUPPLEMENTS AND SUPERSEDES ANY CONTRARY
INFORMATION CONTAINED IN THE FUND'S PROSPECTUS AND SPECIFICALLY IN THE
SECTIONS ENTITLED "HOW TO BUY FUND SHARES" AND "HOW TO REDEEM FUND SHARES":
Investor shares and Class R shares may be purchased or redeemed by
telephone using the Dreyfus TELETRANSFER Privilege.
IV. THE SIXTH PARAGRAPH ON PAGE ONE OF THE FUND'S PROSPECTUS AS WELL AS THE
THIRD PARAGRAPH CONTAINED IN THE SECTION IN THE FUND'S PROSPECTUS ENTITLED
"HOW TO BUY FUND SHARES - GENERAL" ARE DELETED IN THEIR ENTIRETY.
(CONTINUED ON REVERSE SIDE)
THE FOLLOWING INFORMATION SUPPLEMENTS THE INFORMATION CONTAINED IN
THE SECTIONS IN THE FUND'S PROSPECTUS ENTITLED "HOW TO BUY FUND SHARES" AND
"SHAREHOLDER SERVICES":
Fund shares are also offered without regard to the minimum initial
investment requirements through Dreyfus-AUTOMATIC Asset Builder, Dreyfus
Government Direct Deposit Privilege or Dreyfus Payroll Savings Plan pursuant
to the Dreyfus Step Program. These services enable you to make regularly
scheduled investments and may provide you with a convenient way to invest for
long-term financial goals. You should be aware, however, that periodic
investment plans do not guarantee a profit and will not protect an investor
against loss in a declining market.
DREYFUS STEP PROGRAM - Dreyfus Step Program enables you to purchase Investor
shares without regard to the Fund's minimum initial investment requirements
through Dreyfus-AUTOMATIC Asset Builder, Dreyfus Government Direct Deposit
Privilege or Dreyfus Payroll Savings Plan. To establish a Dreyfus Step
Program account, you must supply the necessary information on the Fund's
Account Application and file the required authorization form(s) with the
Transfer Agent. For more information concerning this Program, or to request
the necessary authorization form(s), please call toll free 1-800-782-6620.
You may terminate your participation in this Program at any time by
discontinuing your participation in Dreyfus-AUTOMATIC Asset Builder, Dreyfus
Government Direct Deposit Privilege or Dreyfus Payroll Savings Plan, as the
case may be, as provided under the terms of such Privilege(s). The Fund
reserves the right to redeem your account if you have terminated your
participation in the Program and your account's net asset value is $500 or
less. See "How to Redeem Fund Shares." The Fund may modify or terminate this
Program at any time. Investors who wish to purchase Investor shares through
Dreyfus Step Program in conjunction with a Dreyfus-sponsored retirement plan
may do so only for IRAs, SEP-IRAs and IRA "Rollover Accounts."
318/718s061295
June 12, 1995
THE DREYFUS/LAUREL FUNDS, INC. -
DREYFUS EUROPEAN FUND
SUPPLEMENT TO PROSPECTUS
DATED MARCH 1, 1995
THE INFORMATION IN ITEMS I-IV BELOW WILL BECOME EFFECTIVE ON APRIL
10, 1995:
I. THE FOLLOWING INFORMATION SUPERSEDES AND REPLACES THE INFORMATION IN
THE EIGHTH PARAGRAPH CONTAINED IN THE SECTION IN THE FUND'S PROSPECTUS
ENTITLED "HOW TO BUY FUND SHARES - GENERAL" AND TOGETHER WITH THE INFORMATION
CONTAINED IN THE NINTH PARAGRAPH REPRESENTS NEW INSTRUCTIONS FOR INVESTMENTS
BY WIRE:
Wire payments may be made if your bank account is in a commercial
bank that is a member of the Federal Reserve System or any other bank having
a correspondent bank in New York City. Immediately available funds may be
transmitted by wire to Boston Safe Deposit & Trust Co., together with the
applicable Class' DDA# as shown below, for purchase of Fund shares in your
name:
DDA# 044253 Dreyfus European Fund/Investor shares;
DDA# 044245 Dreyfus European Fund/Class R shares.
II. THE FOLLOWING INFORMATION SUPERSEDES AND REPLACES THE INFORMATION IN THE
TENTH PARAGRAPH CONTAINED IN THE SECTION IN THE FUND'S PROSPECTUS ENTITLED
"HOW TO BUY FUND SHARES - GENERAL" AND REPRESENTS NEW INSTRUCTIONS FOR
INVESTMENTS BY ELECTRONIC TRANSFER OF FUNDS:
Subsequent investments also may be made by electronic transfer of
funds from an account maintained in a bank or other domestic financial
institution that is an Automated Clearing House ("ACH")member. You must
direct the institution to transmit immediately available funds through the
ACH System to Boston Safe Deposit & Trust Co. with instructions to credit
your Fund account. The instructions must specify your Fund account
registration and Fund account number PRECEDED BY THE DIGITS "4090" for
Investor shares and "4080" for Class R shares.
III.THE FOLLOWING INFORMATION SUPPLEMENTS AND SUPERSEDES ANY CONTRARY
INFORMATION CONTAINED IN THE FUND'S PROSPECTUS AND SPECIFICALLY IN THE
SECTIONS ENTITLED "HOW TO BUY FUND SHARES" AND "HOW TO REDEEM FUND SHARES":
Investor shares and Class R shares may be purchased or redeemed by
telephone using the Dreyfus TELETRANSFER Privilege.
IV. THE SIXTH PARAGRAPH ON PAGE ONE OF THE FUND'S PROSPECTUS AS WELL AS THE
THIRD PARAGRAPH CONTAINED IN THE SECTION IN THE FUND'S PROSPECTUS ENTITLED
"HOW TO BUY FUND SHARES - GENERAL" ARE DELETED IN THEIR ENTIRETY.
(CONTINUED ON REVERSE SIDE)
THE FOLLOWING INFORMATION SUPPLEMENTS THE INFORMATION CONTAINED IN
THE SECTIONS IN THE FUND'S PROSPECTUS ENTITLED "HOW TO BUY FUND SHARES" AND
"SHAREHOLDER SERVICES":
Fund shares are also offered without regard to the minimum initial
investment requirements through Dreyfus-AUTOMATIC Asset Builder, Dreyfus
Government Direct Deposit Privilege or Dreyfus Payroll Savings Plan pursuant
to the Dreyfus Step Program. These services enable you to make regularly
scheduled investments and may provide you with a convenient way to invest for
long-term financial goals. You should be aware, however, that periodic
investment plans do not guarantee a profit and will not protect an investor
against loss in a declining market.
DREYFUS STEP PROGRAM - Dreyfus Step Program enables you to purchase Investor
shares without regard to the Fund's minimum initial investment requirements
through Dreyfus-AUTOMATIC Asset Builder, Dreyfus Government Direct Deposit
Privilege or Dreyfus Payroll Savings Plan. To establish a Dreyfus Step
Program account, you must supply the necessary information on the Fund's
Account Application and file the required authorization form(s) with the
Transfer Agent. For more information concerning this Program, or to request
the necessary authorization form(s), please call toll free 1-800-782-6620.
You may terminate your participation in this Program at any time by
discontinuing your participation in Dreyfus-AUTOMATIC Asset Builder, Dreyfus
Government Direct Deposit Privilege or Dreyfus Payroll Savings Plan, as the
case may be, as provided under the terms of such Privilege(s). The Fund
reserves the right to redeem your account if you have terminated your
participation in the Program and your account's net asset value is $500 or
less. See "How to Redeem Fund Shares." The Fund may modify or terminate this
Program at any time. Investors who wish to purchase Investor shares through
Dreyfus Step Program in conjunction with a Dreyfus-sponsored retirement plan
may do so only for IRAs, SEP-IRAs and IRA "Rollover Accounts."
308/708s061295
June 12, 1995
THE DREYFUS/LAUREL FUNDS, INC. -
DREYFUS INTERNATIONAL EQUITY ALLOCATION FUND
SUPPLEMENT TO PROSPECTUS
DATED APRIL 10, 1995
THE FOLLOWING INFORMATION SUPPLEMENTS THE INFORMATION CONTAINED IN
THE SECTIONS IN THE FUND'S PROSPECTUS ENTITLED "HOW TO BUY FUND SHARES" AND
"SHAREHOLDER SERVICES":
Fund shares are also offered without regard to the minimum initial
investment requirements through Dreyfus-AUTOMATIC Asset Builder, Dreyfus
Government Direct Deposit Privilege or Dreyfus Payroll Savings Plan pursuant
to the Dreyfus Step Program. These services enable you to make regularly
scheduled investments and may provide you with a convenient way to invest for
long-term financial goals. You should be aware, however, that periodic
investment plans do not guarantee a profit and will not protect an investor
against loss in a declining market.
DREYFUS STEP PROGRAM - Dreyfus Step Program enables you to purchase Investor
shares without regard to the Fund's minimum initial investment requirements
through Dreyfus-AUTOMATIC Asset Builder, Dreyfus Government Direct Deposit
Privilege or Dreyfus Payroll Savings Plan. To establish a Dreyfus Step
Program account, you must supply the necessary information on the Fund's
Account Application and file the required authorization form(s) with the
Transfer Agent. For more information concerning this Program, or to request
the necessary authorization form(s), please call toll free 1-800-782-6620.
You may terminate your participation in this Program at any time by
discontinuing your participation in Dreyfus-AUTOMATIC Asset Builder, Dreyfus
Government Direct Deposit Privilege or Dreyfus Payroll Savings Plan, as the
case may be, as provided under the terms of such Privilege(s). The Fund
reserves the right to redeem your account if you have terminated your
participation in the Program and your account's net asset value is $500 or
less. See "How to Redeem Fund Shares." The Fund may
(CONTINUED ON REVERSE SIDE)
modify or terminate this Program at any time. Investors who wish to purchase
Investor shares through Dreyfus Step Program in conjunction with a
Dreyfus-sponsored retirement plan may do so only for IRAs, SEP-IRAs and IRA
"Rollover Accounts."
THE FOLLOWING INFORMATION SUPERSEDES AND REPLACES THE SECTION IN THE
FUND'S PROSPECTUS ENTITLED "MANAGEMENT OF THE FUND-CUSTODIAN, TRANSFER AND
DIVIDEND DISBURSING AGENT, AND SUB-ADMINISTRATOR":
CUSTODIAN, FUND ACCOUNTANT, TRANSFER AND DIVIDEND DISBURSING AGENT
AND SUB-ADMINISTRATOR - Boston Safe Deposit and Trust Company (One Boston
Place, Boston, MA 02109) ("Boston Safe"), an indirect wholly-owned subsidiary
of Mellon Bank Corporation, serves as the Fund's custodian. As custodian,
Boston Safe maintains possession of the Fund's investment securities and
provides portfolio recordkeeping services. Boston Safe is authorized to
deposit securities in securities depositories or to use the services of
subcustodians. Mellon Bank, N.A. serves as the fund accountant for the Fund,
maintaining the daily accounting records of the Fund, including NAV
determinations and purchase and sale records. The Fund's Transfer and
Dividend Disbursing Agent is The Shareholder Services Group, Inc., a
subsidiary of First Data Corporation, One American Express Plaza, Providence,
Rhode Island 02903. Premier Mutual Fund Services, Inc. serves as the Fund's
sub-administrator and, pursuant to a Sub-Administration Agreement with
Dreyfus, provides various administrative and corporate secretarial services
to the Fund.
323/723s061295
June 12, 1995
THE DREYFUS/LAUREL FUNDS, INC. -
DREYFUS/LAUREL SHORT-TERM GOVERNMENT SECURITIES FUND
SUPPLEMENT TO PROSPECTUS
DATED APRIL 10, 1995
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:
"4840" Dreyfus/Laurel Short-Term Government Securities Fund/Investor
shares;
"4830" Dreyfus/Laurel Short-Term Government Securities Fund/Class R
shares.
THE FOLLOWING INFORMATION SUPPLEMENTS THE INFORMATION CONTAINED IN
THE SECTIONS IN THE FUND'S PROSPECTUS ENTITLED "HOW TO BUY FUND SHARES" AND
"SHAREHOLDER SERVICES":
Fund shares are also offered without regard to the minimum initial
investment requirements through Dreyfus-AUTOMATIC Asset Builder, Dreyfus
Government Direct Deposit Privilege or Dreyfus Payroll Savings Plan pursuant
to the Dreyfus Step Program. These services enable you to make regularly
scheduled investments and may provide you with a convenient way to invest for
long-term financial goals. You should be aware, however, that periodic
investment plans do not guarantee a profit and will not protect an investor
against loss in a declining market.
DREYFUS STEP PROGRAM - Dreyfus Step Program enables you to purchase Investor
shares without regard to the Fund's minimum initial investment requirements
through Dreyfus-AUTOMATIC Asset Builder, Dreyfus Government Direct Deposit
Privilege or Dreyfus Payroll Savings Plan. To establish a Dreyfus Step
Program account, you must supply the necessary information on the Fund's
Account Application and file the required authorization form(s) with the
Transfer Agent. For
(CONTINUED ON REVERSE SIDE)
more information concerning this Program, or to request the necessary
authorization form(s), please call toll free 1-800-782-6620. You may
terminate your participation in this Program at any time by discontinuing
your participation in Dreyfus-AUTOMATIC Asset Builder, Dreyfus Government
Direct Deposit Privilege or Dreyfus Payroll Savings Plan, as the case may be,
as provided under the terms of such Privilege(s). The Fund reserves the right
to redeem your account if you have terminated your participation in the
Program and your account's net asset value is $500 or less. See "How to
Redeem Fund Shares." The Fund may modify or terminate this Program at any
time. Investors who wish to purchase Investor shares through Dreyfus Step
Program in conjunction with a Dreyfus-sponsored retirement plan may do so
only for IRAs, SEP-IRAs and IRA "Rollover Accounts."
309/709s061295
June 12, 1995
THE DREYFUS/LAUREL FUNDS, INC. -
DREYFUS S&P 500 STOCK INDEX FUND
SUPPLEMENT TO PROSPECTUS
DATED MARCH 1, 1995
THE INFORMATION IN ITEMS I-IV BELOW WILL BECOME EFFECTIVE ON APRIL
10, 1995:
I. THE FOLLOWING INFORMATION SUPERSEDES AND REPLACES THE INFORMATION IN THE
FIRST TWO SENTENCES OF THE EIGHTH PARAGRAPH CONTAINED IN THE SECTION IN THE
FUND'S PROSPECTUS ENTITLED "HOW TO BUY FUND SHARES _ GENERAL" AND TOGETHER
WITH THE INFORMATION CONTAINED IN THE NINTH PARAGRAPH REPRESENTS NEW
INSTRUCTIONS FOR INVESTMENTS BY WIRE:
Wire payments may be made if your bank account is in a commercial
bank that is a member of the Federal Reserve System or any other bank having
a correspondent bank in New York City. Immediately available funds may be
transmitted by wire to Boston Safe Deposit & Trust Co., together with the
applicable Class' DDA# as shown below, for purchase of Fund shares in your
name:
DDA# 044296 Dreyfus S&P 500 Stock Index Fund/Investor shares;
DDA# 044288 Dreyfus S&P500 Stock Index Fund/Class R shares.
II. THE FOLLOWING INFORMATION SUPERSEDES AND REPLACES THE INFORMATION IN THE
TENTH PARAGRAPH CONTAINED IN THE SECTION IN THE FUND'S PROSPECTUS ENTITLED
"HOW TO BUY FUND SHARES - GENERAL" AND REPRESENTS NEW INSTRUCTIONS FOR
INVESTMENTS BY ELECTRONIC TRANSFER OF FUNDS:
Subsequent investments also may be made by electronic transfer of
funds from an account maintained in a bank or other domestic financial
institution that is an Automated Clearing House ("ACH")member. You must
direct the institution to transmit immediately available funds through the
ACH System to Boston Safe Deposit & Trust Co. with instructions to credit
your Fund account. The instructions must specify your Fund account
registration and Fund account number PRECEDED BY THE DIGITS "4120" for
Investor shares and "4110" for Class R shares.
III.THE FOLLOWING INFORMATION SUPPLEMENTS AND SUPERSEDES ANY CONTRARY
INFORMATION CONTAINED IN THE FUND'S PROSPECTUS AND SPECIFICALLY IN THE
SECTIONS ENTITLED "HOW TO BUY FUND SHARES" AND "HOW TO REDEEM FUND SHARES":
Investor shares and Class R shares may be purchased or redeemed by
telephone using the Dreyfus TELETRANSFER Privilege.
IV. THE SIXTH PARAGRAPH ON PAGE ONE OF THE FUND'S PROSPECTUS AS WELL AS
THE THIRD PARAGRAPH CONTAINED IN THE SECTION IN THE FUND'S PROSPECTUS ENTITLED
"HOW TO BUY FUND SHARES - GENERAL" ARE DELETED IN THEIR ENTIRETY.
(CONTINUED ON REVERSE SIDE)
THE FOLLOWING INFORMATION SUPPLEMENTS THE INFORMATION CONTAINED IN THE
SECTIONS IN THE FUND'S PROSPECTUS ENTITLED "HOW TO BUY FUND SHARES" AND
"SHAREHOLDER SERVICES":
Fund shares are also offered without regard to the minimum initial
investment requirements through Dreyfus-AUTOMATIC Asset Builder, Dreyfus
Government Direct Deposit Privilege or Dreyfus Payroll Savings Plan pursuant
to the Dreyfus Step Program. These services enable you to make regularly
scheduled investments and may provide you with a convenient way to invest for
long-term financial goals. You should be aware, however, that periodic
investment plans do not guarantee a profit and will not protect an investor
against loss in a declining market.
DREYFUS STEP PROGRAM - Dreyfus Step Program enables you to purchase Investor
shares without regard to the Fund's minimum initial investment requirements
through Dreyfus-AUTOMATIC Asset Builder, Dreyfus Government Direct Deposit
Privilege or Dreyfus Payroll Savings Plan. To establish a Dreyfus Step
Program account, you must supply the necessary information on the Fund's
Account Application and file the required authorization form(s) with the
Transfer Agent. For more information concerning this Program, or to request
the necessary authorization form(s), please call toll free 1-800-782-6620.
You may terminate your participation in this Program at any time by
discontinuing your participation in Dreyfus-AUTOMATIC Asset Builder, Dreyfus
Government Direct Deposit Privilege or Dreyfus Payroll Savings Plan, as the
case may be, as provided under the terms of such Privilege(s). The Fund
reserves the right to redeem your account if you have terminated your
participation in the Program and your account's net asset value is $500 or
less. See "How to Redeem Fund Shares." The Fund may modify or terminate this
Program at any time. Investors who wish to purchase Investor shares through
Dreyfus Step Program in conjunction with a Dreyfus-sponsored retirement plan
may do so only for IRAs, SEP-IRAs and IRA "Rollover Accounts."
313/713s061295
