March 14, 1997
DREYFUS BASIC MUNICIPAL FUND, INC.
DREYFUS BASIC NEW JERSEY MUNICIPAL MONEY MARKET PORTFOLIO
SUPPLEMENT TO PROSPECTUS
DATED JANUARY 2, 1997
THE FOLLOWING INFORMATION SUPPLEMENTS THE SECTIONS OF THE FUND'S
PROSPECTUS ENTITLED "FEE TABLE", "FUND EXCHANGES", AND "HOW TO REDEEM
SHARES:"
Effective April 4, 1997, as to the New Jersey Portfolio, the Fund
will waive the fee chargeable for writing a redemption check, for an exchange
made out of the Portfolio pursuant to the Fund Exchange Privilege, for each
redemption by wire or pursuant to the Dreyfus TELETRANSFER Privilege, and for
otherwise closing out an account, provided that the closing balance in the
shareholder's account on the business day immediately preceding the effective
date of such transaction is $50,000 or more.
127s031497
March 14, 1997
DREYFUS BASIC MUNICIPAL FUND, INC.
DREYFUS BASIC MUNICIPAL
MONEY MARKET PORTFOLIO
DREYFUS BASIC INTERMEDIATE
MUNICIPAL BOND PORTFOLIO
DREYFUS BASIC MUNICIPAL
BOND PORTFOLIO
SUPPLEMENT TO PROSPECTUS
DATED JANUARY 2, 1997
THE FOLLOWING INFORMATION SUPPLEMENTS THE SECTIONS OF THE FUND'S
PROSPECTUS ENTITLED "FEE TABLE", "FUND EXCHANGES", AND "HOW TO REDEEM
SHARES:"
Effective April 4, 1997, as to each Portfolio, the Fund will waive
the fee chargeable for writing a redemption check, for an exchange made out
of a Portfolio pursuant to the Fund Exchange Privilege, for each redemption
by wire or pursuant to the Dreyfus TELETRANSFER Privilege, and for otherwise
closing out an account, provided that the closing balance in the
shareholder's account on the business day immediately preceding the effective
date of such transaction is $50,000 or more.
BMBs031497
