June 15, 1998
DREYFUS BASIC
MUNICIPAL FUND, INC.
SUPPLEMENT TO PROSPECTUS
DATED JANUARY 2, 1998
EFFECTIVE JULY 1, 1998, THE FOLLOWING SUPERSEDES ALL CONTRARY
INFORMATION CONTAINED IN THE SECTIONS OF THE PROSPECTUS ENTITLED "FEE TABLE"
AND "MANAGEMENT OF THE FUND."
As to Dreyfus BASIC Municipal Bond Portfolio and Dreyfus
BASICIntermediate Municipal Bond Portfolio, The Dreyfus Corporation has
agreed, until such time as it gives investors at least 90 days notice to the
contrary, to reduce its management fee or bear certain Portfolio expenses to
the extent certain Portfolio expenses exceed .45 of 1% of the value of such
Portfolio's average net assets for the fiscal year.
BMBs0698
June 15, 1998
DREYFUS BASIC
NEW JERSEY MUNICIPAL MONEY
MARKET PORTFOLIO
SUPPLEMENT TO PROSPECTUS
DATED JANUARY 2, 1998
EFFECTIVE JULY 1, 1998, THE FOLLOWING SUPERSEDES ALL CONTRARY
INFORMATION CONTAINED IN THE SECTIONS OF THE PROSPECTUS ENTITLED "FEE TABLE"
AND "MANAGEMENT OF THE FUND."
The Dreyfus Corporation has agreed, until such time as it gives
investors at least 90 days notice to the contrary, to reduce its management
fee or bear certain Portfolio expenses to the extent certain Portfolio
expenses exceed .45 of 1% of the value of the Portfolio's average net assets
for the fiscal year.
127s0698
