May 15, 1996
THE DREYFUS/LAUREL FUNDS, INC. -
DREYFUS EUROPEAN FUND
Supplement to Prospectus
Dated March 1, 1996
At a meeting of the Board of Directors held on April 25,
1996, the Board approved a proposal to liquidate the Fund, distribute Fund
assets to Fund shareholders and close out shareholder accounts (the
"Proposal"). Shareholders of the Fund will consider approving the
Proposal at a Special Meeting of Shareholders to be held on or about June
20, 1996. If Fund shareholders approve the Proposal, the liquidation and
distribution of Fund assets would occur on or about June 27, 1996. In
anticipation of such events, effective May 15, 1996, the Fund will be
closed to any new or subsequent investments.
