DREYFUS DISCIPLINED EQUITY INCOME FUND
497, 1996-10-15
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                                                              October 14, 1996
                        THE DREYFUS/LAUREL FUNDS, INC.--
                         DREYFUS MONEY MARKET RESERVES
                          DREYFUS MUNICIPAL RESERVES
                        DREYFUS U.S. TREASURY RESERVES
                           SUPPLEMENT TO PROSPECTUS
                              DATED MARCH 1, 1996
        THE FOLLOWING INFORMATION SUPPLEMENTS AND SHOULD BE READ IN
CONJUNCTION WITH THE FOURTH PARAGRAPH IN THE SECTION OF THE FUNDS' PROSPECTUS
ENTITLED "HOW TO BUY FUND SHARES-GENERAL."
        The Funds reserve the right to offer their shares without regard to
minimum purchase requirements to employees participating in certain qualified
and non-qualified employee benefit plans or other programs where
contributions or account information can be transmitted in a manner and form
acceptable to the Funds.
                          ---------------------------
        THE FOLLOWING INFORMATION REPLACES AND SUPERSEDES ANY CONTRARY
INFORMATION CONTAINED IN THE SECTION OF THE FUNDS' PROSPECTUS ENTITLED "HOW
TO BUY FUND SHARES."
        The DDA number for payment transmitted by wire to Boston Safe Deposit
and Trust Company for purchase of Investor or Class R shares of the Fund in
your name is as follows:
                                 DDA# 043435
The wire must indicate which Fund and Class of shares are being purchased and
must include the other required information with respect to wire payments set
forth under "How to Buy Fund Shares" in the Funds' Prospectus.

                                                                  LMMKTs101496



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