September 18, 1995
THE DREYFUS/LAUREL FUNDS, INC. -
DREYFUS INSTITUTIONAL PRIME MONEY MARKET FUND
DREYFUS INSTITUTIONAL GOVERNMENT MONEY MARKET FUND
DREYFUS INSTITUTIONAL U.S. TREASURY MONEY MARKET FUND
DREYFUS/LAUREL INSTITUTIONAL U.S. TREASURY ONLY MONEY MARKET FUND
DREYFUS/LAUREL INSTITUTIONAL SHORT-TERM BOND FUND
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 FUNDS'
PROSPECTUS.
Effective September 15, 1995, the following name changes occurred:
FORMER NAME NEW NAME
Dreyfus/Laurel Institutional Prime Dreyfus Institutional Prime
Money Market Fund Money Market Fund
Dreyfus/Laurel Institutional Government Dreyfus Institutional Government
Money Market Fund Money Market Fund
Dreyfus/Laurel Institutional U.S. Dreyfus Institutional U.S. Treasury
Treasury Money Market Fund Money Market Fund
THE FOLLOWING INFORMATION SUPPLEMENTS AND SUPERSEDES ANY CONTRARY
INFORMATION CONTAINED IN THE FUNDS' PROSPECTUS AND SPECIFICALLY IN THE
SECTIONS ENTITLED "HOW TO BUY FUND SHARES" AND "THE SHAREHOLDER SERVICING
PLANS".
Effective September 15, 1995, Class II and Class III of Dreyfus
Institutional Prime Money Market Fund, Dreyfus Institutional Government Money
Market Fund and Dreyfus Institutional U.S. Treasury Money Market Fund
(collectively, the "Funds") are eliminated. The designation "Class I" of the
Funds' only remaining class of shares also is eliminated and these shares are
redesignated as shares of the Funds.
THE FOLLOWING INFORMATION SUPERSEDES AND REPLACES THE SECOND
PARAGRAPH IN THE SECTION IN THE FUNDS' PROSPECTUS ENTITLED "HOW TO BUY FUND
SHARES".
The minimum initial investment to establish a new account in
Dreyfus/Laurel Institutional U.S. Treasury Only Money Market Fund and
Dreyfus/Laurel Institutional Short-Term Bond Fund is; (i) $100,000 for Class
I shares, (ii) $10 million for Class IIshares, and (iii) $25 million for
Class III shares. The minimum initial investment to establish a new account
in Dreyfus Institutional Prime Money Market Fund, Dreyfus Institutional
Government Money Market Fund and Dreyfus Institutional U.S. Treasury Money
Market Fund is $1 million. There is no minimum requirement for subsequent
investments.
THE FOLLOWING INFORMATION SUPERSEDES AND REPLACES THE FOURTH
PARAGRAPH IN THE SECTION IN THE FUNDS' PROSPECTUS ENTITLED "HOW TO REDEEM
FUND SHARES - GENERAL".
The Dreyfus/Laurel Institutional U.S. Treasury Only Money Market Fund
and Dreyfus/Laurel Institutional Short-Term Bond Fund reserve the right to
redeem a shareholder's account at their option upon not less than 45 days'
written notice if the net asset value of such account is $500 or less and
remains so during the notice period. The Dreyfus Institutional Prime Money
Market Fund, Dreyfus Institutional Government Money Market Fund and Dreyfus
Institutional U.S. Treasury Money Market Fund reserve the right to redeem a
shareholder's account at their option upon not less than 45 days' written
notice if the net asset value of such account is $10,000 or less ($500 or
less in the case of holders of shares of any of the Funds since September 14,
1995) and remains at or below such amount during the notice period.
LFISTs091895
