DREYFUS LAUREL FUNDS INC
497, 1995-01-24
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                                                              January 19, 1995


                           THE DREYFUS/LAUREL FUNDS, INC.-
                           DREYFUS DISCIPLINED STOCK FUND

                              Supplement to Prospectus
                               Dated December 19, 1994

      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.




                                                            January 19, 1995


                           THE DREYFUS/LAUREL FUNDS, INC.-
                           DREYFUS DISCIPLINED STOCK FUND

                              Supplement to Prospectus
                               Dated December 19, 1994

      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.



      The following information supplements and supersedes any contrary
information contained in the Fund's Prospectus:

      Class R shares may be purchased or redeemed by telephone using the
Dreyfus TeleTransfer Privilege.











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