DREYFUS GROWTH & INCOME FUND INC /NEW/
497, 1996-05-13
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                                              May 10, 1996


                    DREYFUS GROWTH AND INCOME FUND, INC.
                          Supplement to Prospectus
                             Dated March 1, 1996


     The following information supersedes any contrary information
contained in the section of the Fund's Prospectus entitled "Management of
the Fund-Custodian and Transfer and Dividend Disbursing Agent."

     Mellon Bank, N.A., One Mellon Bank Center, Pittsburgh, Pennsylvania
15258, serves as the Fund's Custodian.



                                              010/s051096

                     DREYFUS GROWTH AND INCOME FUND, INC.

              Supplement to Statement of Additional Information
                             dated March 1, 1996

     The following information supersedes any contrary information
contained in the section of the Funds' Statement of Additional Information
entitled "Transfer and Dividend Disbursing Agent, Custodian, Counsel and
Independent Auditors."

     Mellon Bank, N.A., One Mellon Bank Center, Pittsburgh, Pennsylvania
15258, is the Company's Custodian.





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