October 15, 1996
THE DREYFUS/LAUREL FUNDS, INC.--
DREYFUS BOND MARKET INDEX FUND
SUPPLEMENT TO PROSPECTUS
DATED FEBRUARY 28, 1996
THE FOLLOWING INFORMATION REPLACES AND SUPERSEDES ANY CONTRARY
INFORMATION CONTAINED IN THE SECTION OF THE FUND'S 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 Institutional or Retail shares of the Fund
in your name is as follows:
DDA# 044210
The wire must indicate which Class of shares is being purchased and must
include the other required information with respect to wire payments set
forth under "How to Buy Fund Shares" in the Fund's Prospectus.
THE FOLLOWING INFORMATION SUPPLEMENTS AND SUPERSEDES ANY CONTRARY
INFORMATION CONTAINED IN THE FUND'S PROSPECTUS.
Effective July 15, 1996, the Fund's Class R shares will be
redesignated as "Retail shares" and the Retail shares will be offered to any
investor. Also effective July 15, 1996, the Fund's Investor shares will be
redesignated as "Institutional shares" and the Institutional shares will be
offered only to clients of banks, securities brokers or dealers and other
financial institutions (collectively, "Agents") that have entered into a
Selling Agreement with the Fund's distributor and omnibus accounts held by
institutions that provide sub-accounting or recordkeeping services to their
clients. You should consult your Agent to determine which class of shares
will be offered by the Agent. Unless the Fund is otherwise instructed, new
purchases or exchanges by existing shareholders will be in the same class of
shares that the shareholder then holds.
The information in Items I-IV below will become effective on July 15,
1996. With regard to Items I-III below, a sales load may be charged with
respect to exchanges of Fund shares into, or investments in, funds sold with
a sales load. With regard to Items I and II below, with respect to Retail
shares or
(CONTINUED ON REVERSE SIDE)
Institutional shares held by Retirement Plans, exchanges may be made only
between a shareholder's Retirement Plan account in one fund and such
shareholder's Retirement Plan account in another fund.
I. The following information supersedes and replaces the information in
the first sentence of the first paragraph contained in the section in the
Fund's Prospectus entitled "Shareholder Services _ Fund Exchanges."
You may purchase, in exchange for shares of a Class, shares of
certain other eligible funds managed or administered by Dreyfus, to the
extent such shares are offered for sale in your state of residence.
II. The following information supersedes and replaces the information in the
first sentence in the section of the Fund's Prospectus entitled "Shareholder
Services _ Dreyfus Auto-Exchange Privilege."
Dreyfus Auto-Exchange Privilege enables you to invest regularly (on a
semi-monthly, monthly, quarterly or annual basis), in exchange for shares of
the Fund, in shares of certain other eligible funds in the Dreyfus Family of
Funds of which you are currently an investor.
III.The following information supersedes and replaces the information in the
first sentence of the first paragraph contained in the section in the Fund's
Prospectus entitled "Shareholder Services _ Dreyfus Dividend Options."
Dreyfus Dividend Sweep enables you to invest automatically dividends
or dividends and capital gain distributions, if any, paid by the Fund in
shares of certain other eligible funds in the Dreyfus Family of Funds of
which you are an investor.
IV. The following information supersedes and replaces the information in the
first sentence in the section of the Fund's Prospectus entitled "Shareholder
Services _ Dreyfus Step Program."
Dreyfus Step Program enables you to purchase Retail shares without
regard to the Fund's minimum initial investment requirements through Dreyfus-A
UTOMATIC Asset Builder, Dreyfus Government Direct Deposit Privilege or
Dreyfus Payroll Savings Plan.
310/710s101596
October 15, 1996
THE DREYFUS/LAUREL FUNDS, INC. --
DREYFUS DISCIPLINED MIDCAP STOCK FUND
SUPPLEMENT TO PROSPECTUS
DATED MARCH 1, 1996
THE FOLLOWING INFORMATION REPLACES AND SUPERSEDES ANY CONTRARY
INFORMATION CONTAINED IN THE SECTION OF THE FUND'S 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 Institutional or Retail shares of the Fund
in your name is as follows:
DDA# 044210
The wire must indicate which Class of shares is being purchased and must
include the other required information with respect to wire payments set
forth under "How to Buy Fund Shares" in the Fund's Prospectus.
THE FOLLOWING INFORMATION SUPPLEMENTS AND SUPERSEDES ANY CONTRARY
INFORMATION CONTAINED IN THE FUND'S PROSPECTUS.
Effective July 15, 1996, the Fund's Class R shares will be
redesignated as "Retail shares" and the Retail shares will be offered to any
investor. Also effective July 15, 1996, the Fund's Investor shares will be
redesignated as "Institutional shares" and the Institutional shares will be
offered only to clients of banks, securities brokers or dealers and other
financial institutions (collectively, "Agents") that have entered into a
Selling Agreement with the Fund's distributor and omnibus accounts held by
institutions that provide subaccounting or recordkeeping services to their
clients. You should consult your Agent to determine which class of shares
will be offered by the Agent. Unless the Fund is otherwise instructed, new
purchases or exchanges by existing shareholders will be in the same class of
shares that the shareholder then holds.
THE INFORMATION IN ITEMS I-IV BELOW WILL BECOME EFFECTIVE ON JULY 15,
1996. WITH REGARD TO ITEMS I-III BELOW, A SALES LOAD MAY BE CHARGED WITH
RESPECT TO EXCHANGES OF FUND SHARES INTO, OR INVESTMENTS IN, FUNDS SOLD WITH
A SALES LOAD. WITH REGARD TO ITEMS I AND II
(CONTINUED ON REVERSE SIDE)
BELOW, WITH RESPECT TO RETAIL SHARES OR INSTITUTIONAL SHARES HELD BY
RETIREMENT PLANS, EXCHANGES MAY BE MADE ONLY BETWEEN A SHAREHOLDER'S
RETIREMENT PLAN ACCOUNT IN ONE FUND AND SUCH SHAREHOLDER'S RETIREMENT PLAN
ACCOUNT IN ANOTHER FUND.
I. THE FOLLOWING INFORMATION SUPERSEDES AND REPLACES THE INFORMATION IN
THE FIRST SENTENCE OF THE FIRST PARAGRAPH CONTAINED IN THE SECTION IN THE
FUND'S PROSPECTUS ENTITLED "SHAREHOLDER SERVICES -- FUND EXCHANGES."
You may purchase, in exchange for shares of a Class, shares of
certain other eligible funds managed or administered by Dreyfus, to the
extent such shares offered for sale in your state of residence.
II. THE FOLLOWING INFORMATION SUPERSEDES AND REPLACES THE INFORMATION IN THE
FIRST SENTENCE IN THE SECTION OF THE FUND'S PROSPECTUS ENTITLED "SHAREHOLDER
SERVICES -- DREYFUS AUTO-EXCHANGE PRIVILEGE."
Dreyfus Auto-Exchange Privilege enables you to invest regularly (on a
semi-monthly, monthly, quarterly or annual basis), in exchange for shares of
the Fund, in shares of certain other eligible funds in the Dreyfus Family of
Funds of which you are currently an investor.
III.THE FOLLOWING INFORMATION SUPERSEDES AND REPLACES THE INFORMATION IN THE
FIRST SENTENCE OF THE FIRST PARAGRAPH CONTAINED IN THE SECTION IN THE FUND'S
PROSPECTUS ENTITLED "SHAREHOLDER SERVICES -- DREYFUS DIVIDEND OPTIONS."
Dreyfus Dividend Sweep enables you to invest automatically dividends
or dividends and capital gain distributions, if any, paid by the Fund in
shares of certain other eligible funds in the Dreyfus Family of Funds of
which you are an investor.
IV. THE FOLLOWING INFORMATION SUPERSEDES AND REPLACES THE INFORMATION IN THE
FIRST SENTENCE IN THE SECTION OF THE FUND'S PROSPECTUS ENTITLED "SHAREHOLDER
SERVICES -- DREYFUS STEP PROGRAM."
DreyfusStep Program enables you to purchase Retail shares without
regard to the Fund's minimum initial investment requirements through Dreyfus-A
UTOMATIC Asset Builder, Dreyfus Government Direct Deposit Privilege or
Dreyfus Payroll Savings Plan.
330/730s101596
October 15, 1996
THE DREYFUS/LAUREL FUNDS, INC.-
DREYFUS DISCIPLINED STOCK FUND
SUPPLEMENT TO PROSPECTUS
DATED FEBRUARY 28, 1996
THE FOLLOWING INFORMATION REPLACES AND SUPERSEDES ANY CONTRARY
INFORMATION CONTAINED IN THE SECTION OF THE FUND'S 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 Institutional or Retail shares of the Fund
in your name is as follows:
DDA# 044210
The wire must indicate which Class of shares is being purchased and must
include the other required information with respect to wire payments set
forth under "How to Buy Fund Shares" in the Fund's Prospectus.
THE FOLLOWING INFORMATION SUPPLEMENTS AND SUPERSEDES ANY CONTRARY
INFORMATION CONTAINED IN THE FUND'S PROSPECTUS.
Effective July 15, 1996, the Fund's Class R shares will be
redesignated as "Retail shares" and the Retail shares will be offered to any
investor. Also effective July 15, 1996, the Fund's Investor shares will be
redesignated as "Institutional shares" and the Institutional shares will be
offered only to clients of banks, securities brokers or dealers and other
financial institutions (collectively, "Agents") that have entered into a
Selling Agreement with the Fund's distributor and omnibus accounts held by
institutions that provide sub-accounting or recordkeeping services to their
clients. You should consult your Agent to determine which class of shares
will be offered by the Agent. Unless the Fund is otherwise instructed, new
purchases or exchanges by existing shareholders will be in the same class of
shares that the shareholder then holds.
THE INFORMATION IN ITEMS I-IV BELOW WILL BECOME EFFECTIVE ON JULY 15,
1996. WITH REGARD TO ITEMS I-III BELOW, A SALES LOAD MAY BE CHARGED WITH
RESPECT TO EXCHANGES OF FUND SHARES INTO, OR INVESTMENTS IN, FUNDS SOLD WITH
A SALES LOAD. WITH REGARD TO ITEMS I AND II BELOW, WITH RESPECT TO RETAIL
SHARES OR
(CONTINUED ON REVERSE SIDE)
INSTITUTIONAL SHARES HELD BY RETIREMENT PLANS, EXCHANGES MAY BE MADE ONLY
BETWEEN A SHAREHOLDER'S RETIREMENT PLAN ACCOUNT IN ONE FUND AND SUCH
SHAREHOLDER'S RETIREMENT PLAN ACCOUNT IN ANOTHER FUND.
I. THE FOLLOWING INFORMATION SUPERSEDES AND REPLACES THE INFORMATION IN
THE FIRST SENTENCE OF THE FIRST PARAGRAPH CONTAINED IN THE SECTION IN THE
FUND'S PROSPECTUS ENTITLED "SHAREHOLDER SERVICES-FUND EXCHANGES."
You may purchase, in exchange for shares of a Class, shares of
certain other eligible funds managed or administered by Dreyfus, to the
extent such shares are offered for sale in your state of residence.
II. THE FOLLOWING INFORMATION SUPERSEDES AND REPLACES THE INFORMATION IN THE
FIRST SENTENCE IN THE SECTION OF THE FUND'S PROSPECTUS ENTITLED "SHAREHOLDER
SERVICES-DREYFUS AUTO-EXCHANGE PRIVILEGE."
Dreyfus Auto-Exchange Privilege enables you to invest regularly (on a
semi-monthly, monthly, quarterly or annual basis), in exchange for shares of
the Fund, in shares of certain other eligible funds in the Dreyfus Family of
Funds of which you are currently an investor.
III.THE FOLLOWING INFORMATION SUPERSEDES AND REPLACES THE INFORMATION IN THE
FIRST SENTENCE OF THE FIRST PARAGRAPH CONTAINED IN THE SECTION IN THE FUND'S
PROSPECTUS ENTITLED "SHAREHOLDER SERVICES-DREYFUS DIVIDEND OPTIONS."
Dreyfus Dividend Sweep enables you to invest automatically dividends
or dividends and capital gain distributions, if any, paid by the Fund in
shares of certain other eligible funds in the Dreyfus Family of Funds of
which you are an investor.
IV. THE FOLLOWING INFORMATION SUPERSEDES AND REPLACES THE INFORMATION IN THE
FIRST SENTENCE IN THE SECTION OF THE FUND'S PROSPECTUS ENTITLED "SHAREHOLDER
SERVICES-DREYFUS STEP PROGRAM."
Dreyfus Step Program enables you to purchase Retail shares without
regard to the Fund's minimum initial investment requirements through Dreyfus-A
UTOMATIC Asset Builder, Dreyfus Government Direct Deposit Privilege or
Dreyfus Payroll Savings Plan.
328/728s101596
October 15, 1996
THE DREYFUS/LAUREL FUNDS, INC. --
DREYFUS DISCIPLINED EQUITY INCOME FUND
SUPPLEMENT TO PROSPECTUS
DATED MARCH 1, 1996
THE FOLLOWING INFORMATION REPLACES AND SUPERSEDES ANY CONTRARY
INFORMATION CONTAINED IN THE SECTION OF THE FUND'S 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 Institutional or Retail shares of the Fund
in your name is as follows:
DDA# 044210
The wire must indicate which Class of shares is being purchased and must
include the other required information with respect to wire payments set
forth under "How to Buy Fund Shares" in the Fund's Prospectus.
THE FOLLOWING INFORMATION SUPPLEMENTS AND SUPERSEDES ANY CONTRARY
INFORMATION CONTAINED IN THE FUND'S PROSPECTUS.
Effective July 15, 1996, the Fund's Class R shares will be
redesignated as "Retail shares" and the Retail shares will be offered to any
investor. Also effective July 15, 1996, the Fund's Investor shares will be
redesignated as "Institutional shares" and the Institutional shares will be
offered only to clients of banks, securities brokers or dealers and other
financial institutions (collectively, "Agents") that have entered into a
Selling Agreement with the Fund's distributor and omnibus accounts held by
institutions that provide subaccounting or recordkeeping services to their
clients. You should consult your Agent to determine which class of shares
will be offered by the Agent. Unless the Fund is otherwise instructed, new
purchases or exchanges by existing shareholders will be in the same class of
shares that the shareholder then holds.
THE INFORMATION IN ITEMS I-IV BELOW WILL BECOME EFFECTIVE ON JULY 15,
1996. WITH REGARD TO ITEMS I-III BELOW, A SALES LOAD MAY BE CHARGED WITH
RESPECT TO EXCHANGES OF FUND SHARES INTO, OR INVESTMENTS IN, FUNDS SOLD WITH
A SALES LOAD. WITH REGARD TO ITEMS I AND II
(CONTINUED ON REVERSE SIDE)
BELOW, WITH RESPECT TO RETAIL SHARES OR INSTITUTIONAL SHARES HELD BY
RETIREMENT PLANS, EXCHANGES MAY BE MADE ONLY BETWEEN A SHAREHOLDER'S
RETIREMENT PLAN ACCOUNT IN ONE FUND AND SUCH SHAREHOLDER'S RETIREMENT PLAN
ACCOUNT IN ANOTHER FUND.
I. THE FOLLOWING INFORMATION SUPERSEDES AND REPLACES THE INFORMATION IN
THE FIRST SENTENCE OF THE FIRST PARAGRAPH CONTAINED IN THE SECTION IN THE
FUND'S PROSPECTUS ENTITLED "SHAREHOLDER SERVICES -- FUND EXCHANGES."
You may purchase, in exchange for shares of a Class, shares of
certain other eligible funds managed or administered by Dreyfus, to the
extent such shares offered for sale in your state of residence.
II. THE FOLLOWING INFORMATION SUPERSEDES AND REPLACES THE INFORMATION IN THE
FIRST SENTENCE IN THE SECTION OF THE FUND'S PROSPECTUS ENTITLED "SHAREHOLDER
SERVICES -- DREYFUS AUTO-EXCHANGE PRIVILEGE."
Dreyfus Auto-Exchange Privilege enables you to invest regularly (on a
semi-monthly, monthly, quarterly or annual basis), in exchange for shares of
the Fund, in shares of certain other eligible funds in the Dreyfus Family of
Funds of which you are currently an investor.
III.THE FOLLOWING INFORMATION SUPERSEDES AND REPLACES THE INFORMATION IN THE
FIRST SENTENCE OF THE FIRST PARAGRAPH CONTAINED IN THE SECTION IN THE FUND'S
PROSPECTUS ENTITLED "SHAREHOLDER SERVICES -- DREYFUS DIVIDEND OPTIONS."
Dreyfus Dividend Sweep enables you to invest automatically dividends
or dividends and capital gain distributions, if any, paid by the Fund in
shares of certain other eligible funds in the Dreyfus Family of Funds of
which you are an investor.
IV. THE FOLLOWING INFORMATION SUPERSEDES AND REPLACES THE INFORMATION IN THE
FIRST SENTENCE IN THE SECTION OF THE FUND'S PROSPECTUS ENTITLED "SHAREHOLDER
SERVICES -- DREYFUS STEP PROGRAM."
DreyfusStep Program enables you to purchase Retail shares without
regard to the Fund's minimum initial investment requirements through Dreyfus-A
UTOMATIC Asset Builder, Dreyfus Government Direct Deposit Privilege or
Dreyfus Payroll Savings Plan.
318/718s101596
October 15, 1996
THE DREYFUS/LAUREL FUNDS, INC.--
DREYFUS DISCIPLINED INTERMEDIATE
BOND FUND
SUPPLEMENT TO PROSPECTUS
DATED JULY 1, 1996
THE FOLLOWING INFORMATION REPLACES AND SUPERSEDES ANY CONTRARY
INFORMATION CONTAINED IN THE SECTION OF THE FUND'S 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 Institutional or Retail shares of the Fund
in your name is as follows:
DDA# 044210
The wire must indicate which Class of shares is being purchased and must
include the other required information with respect to wire payments set
forth under "How to Buy Fund Shares" in the Fund's Prospectus.
THE FOLLOWING INFORMATION SUPPLEMENTS AND SUPERSEDES ANY CONTRARY
INFORMATION CONTAINED IN THE FUND'S PROSPECTUS.
Effective July 15, 1996, the Fund's Class R shares will be
redesignated as "Retail shares" and the Retail shares will be offered to any
investor. Also effective July 15, 1996, the Fund's Investor shares will be
redesignated as "Institutional shares" and the Institutional shares will be
offered only to clients of banks, securities brokers or dealers and other
financial institutions (collectively, "Agents") that have entered into a
Selling Agreement with the Fund's distributor and omnibus accounts held by
institutions that provide sub-accounting or recordkeeping services to their
clients. You should consult your Agent to determine which class of shares
will be offered by the Agent. Unless the Fund is otherwise instructed, new
purchases or exchanges by existing shareholders will be in the same class of
shares that the shareholder then holds.
The information in Items I-IV below will become effective on July 15,
1996. With regard to Items I-III below, a sales load may be charged with
respect to exchanges of Fund shares into, or investments in, funds sold with
a sales load. With regard to Items I and II
(CONTINUED ON REVERSE SIDE)
below, with respect to Retail shares or Institutional shares held by
Retirement Plans, exchanges may be made only between a shareholder's
Retirement Plan account in one fund and such shareholder's Retirement Plan
account in another fund.
I. The following information supersedes and replaces the information in
the first sentence of the first paragraph contained in the section in the
Fund's Prospectus entitled "Shareholder Services _ Fund Exchanges."
You may purchase, in exchange for shares of a Class, shares of
certain other eligible funds managed or administered by Dreyfus, to the
extent such shares are offered for sale in your state of residence.
II. The following information supersedes and replaces the information in the
first sentence in the section of the Fund's Prospectus entitled "Shareholder
Services _ Dreyfus Auto-Exchange Privilege."
Dreyfus Auto-Exchange Privilege enables you to invest regularly (on a
semi-monthly, monthly, quarterly or annual basis), in exchange for shares of
the Fund, in shares of certain other eligible funds in the Dreyfus Family of
Funds of which you are currently an investor.
III.The following information supersedes and replaces the information in the
first sentence of the first paragraph contained in the section in the Fund's
Prospectus entitled "Shareholder Services _ Dreyfus Dividend Options."
Dreyfus Dividend Sweep enables you to invest automatically dividends
or dividends and capital gain distributions, if any, paid by the Fund in
shares of certain other eligible funds in the Dreyfus Family of Funds of
which you are an investor.
IV. The following information supersedes and replaces the information in the
first sentence in the section of the Fund's Prospectus entitled "Shareholder
Services _ Dreyfus Step Program."
Dreyfus Step Program enables you to purchase Retail shares without
regard to the Fund's minimum initial investment requirements through Dreyfus-A
UTOMATIC Asset Builder, Dreyfus Government Direct Deposit Privilege or
Dreyfus Payroll Savings Plan.
302/702s101596
October 15, 1996
THE DREYFUS/LAUREL FUNDS, INC.--
DREYFUS INTERNATIONAL
EQUITY ALLOCATION FUND
SUPPLEMENT TO PROSPECTUS
DATED AUGUST 5, 1996
THE FOLLOWING INFORMATION REPLACES AND SUPERSEDES ANY CONTRARY
INFORMATION CONTAINED IN THE SECTION OF THE FUND'S 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 Institutional or Retail shares of the Fund
in your name is as follows:
DDA# 044210
The wire must indicate which Class of shares is being purchased and must
include the other required information with respect to wire payments set
forth under "How to Buy Fund Shares" in the Fund's Prospectus.
323s101596
October 15, 1996
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
SUPPLEMENT TO PROSPECTUS
DATED MARCH 1, 1996
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 Fund shares in your name is as follows:
DDA# 044288
The wire must indicate which Fund is 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.
LFISTs101596
October 15, 1996
THE DREYFUS/LAUREL FUNDS, INC.--
DREYFUS INSTITUTIONAL S&P 500
STOCK INDEX FUND
SUPPLEMENT TO PROSPECTUS
DATED MARCH 1, 1996
THE FOLLOWING INFORMATION REPLACES AND SUPERSEDES ANY CONTRARY
INFORMATION CONTAINED IN THE SECTION OF THE FUND'S 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 shares of the Fund in your name is as
follows:
DDA# 044288
The wire must include the other required information with respect to wire
payments set forth under "How to Buy Fund Shares" in the Fund's Prospectus.
713s101596
October 15, 1996
THE DREYFUS/LAUREL FUNDS, INC.--
PREMIER BALANCED FUND
SUPPLEMENT TO PROSPECTUS
DATED MARCH 1, 1996
THE FOLLOWING INFORMATION REPLACES AND SUPERSEDES ANY CONTRARY
INFORMATION CONTAINED IN THE SECTION OF THE FUND'S 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 Class A, Class B, Class C or Class R shares
of the Fund in your name is as follows:
DDA# 044350
The wire must indicate which Class of shares is being purchased and must
include the other required information with respect to wire payments set
forth under "How to Buy Fund Shares" in the Fund's Prospectus.
THE FOLLOWING INFORMATION SUPERSEDES AND REPLACES ANY CONTRARY
INFORMATION CONTAINED IN THE SECTION OF THE FUND'S PROSPECTUS ENTITLED "HOW
TO BUY FUND SHARES -- CLASS A SHARES."
Effective immediately, a CDSC of 1% will be assessed at the time of
redemption of Class A shares purchased without an initial sales charge as
part of an investment of at least $1,000,000 and redeemed within one year of
purchase.
342s101596
October 15, 1996
THE DREYFUS/LAUREL FUNDS, INC.--
PREMIER LIMITED TERM INCOME FUND
SUPPLEMENT TO PROSPECTUS
DATED MARCH 1, 1996
THE FOLLOWING INFORMATION REPLACES AND SUPERSEDES ANY CONTRARY
INFORMATION CONTAINED IN THE SECTION OF THE FUND'S 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 Class A, Class B, Class C or Class R shares
of the Fund in your name is as follows:
DDA# 044350
The wire must indicate which Class of shares is being purchased and must
include the other required information with respect to wire payments set
forth under "How to Buy Fund Shares" in the Fund's Prospectus.
THE FOLLOWING INFORMATION SUPERSEDES AND REPLACES ANY CONTRARY
INFORMATION CONTAINED IN THE SECTION OF THE FUND'S PROSPECTUS ENTITLED "HOW
TO BUY FUND SHARES -- CLASS A SHARES."
Effective immediately, a CDSC of 1% will be assessed at the time of
redemption of Class A shares purchased without an initial sales charge as
part of an investment of at least $1,000,000 and redeemed within one year of
purchase.
345s101596
October 15, 1996
THE DREYFUS/LAUREL FUNDS, INC.--
PREMIER SMALL COMPANY STOCK FUND
SUPPLEMENT TO PROSPECTUS
DATED MARCH 1, 1996
THE FOLLOWING INFORMATION REPLACES AND SUPERSEDES ANY CONTRARY
INFORMATION CONTAINED IN THE SECTION OF THE FUND'S 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 Class A, Class B, Class C or Class R shares
of the Fund in your name is as follows:
DDA# 044350
The wire must indicate which Class of shares is being purchased and must
include the other required information with respect to wire payments set
forth under "How to Buy Fund Shares" in the Fund's Prospectus.
THE FOLLOWING INFORMATION SUPERSEDES AND REPLACES ANY CONTRARY
INFORMATION CONTAINED IN THE SECTION OF THE FUND'S PROSPECTUS ENTITLED "HOW
TO BUY FUND SHARES -- CLASS A SHARES."
Effective immediately, a CDSC of 1% will be assessed at the time of
redemption of Class A shares purchased without an initial sales charge as
part of an investment of at least $1,000,000 and redeemed within one year of
purchase.
THE FOLLOWING INFORMATION SUPERSEDES AND REPLACES THE THIRD PARAGRAPH
IN THE SECTION IN THE FUND'S PROSPECTUS ENTITLED "MANAGEMENT OF THE FUND --
INVESTMENT MANAGER":
The Fund is managed by two portfolio managers, James Wadsworth and
Anthony Galise. Each individual is employed by Dreyfus as a portfolio manager
for the Fund.
(CONTINUED ON REVERSE SIDE)
Mr. Wadsworth has managed the Fund since its commencement of
operations and has been Chief Investment Officer for Laurel Capital Advisors
since October 1990. Mr. Wadsworth also is a First Vice President for Mellon
Bank, where he has been employed since 1977.
Anthony Galise is a Vice President and Senior Equity Analyst at
Mellon Bank. He also is a member of the Boston and Pittsburgh Societies of
Financial Analysts. Mr. Galise joined Mellon Bank in 1993. Prior thereto, he
was a Vice President for Alta Energy Corporation. Mr. Galise is a CFA and
holds a B.A. in history and an M.B.A in finance from Suffolk University.
385s101596
