July 31, 1998
THE DREYFUS/LAUREL FUNDS, INC.-
DREYFUS PREMIER SMALL COMPANY STOCK FUND
SUPPLEMENT TO PROSPECTUS
DATED MARCH 1, 1998
THE FOLLOWING INFORMATION SUPERSEDES AND REPLACES THE INFORMATION IN THE
FIRST SENTENCE OF THE FIRST PARAGRAPH CONTAINED IN THE SECTION OF THE FUND'S
PROSPECTUS ENTITLED "DIVIDENDS, OTHER DISTRIBUTIONS AND TAXES."
The Fund declares and pays dividends from its net investment income, if
any, and distributes net realized capital gains, if any, once a year, but it may
make distributions on a more frequent basis to comply with the distribution
requirements of the Code, in all events in a manner consistent with the
provisions of the 1940 Act.
385s0798
