DREYFUS ADJUSTABLE RATE SECURITIES FUND INC, RW, 1994-04-13

DREYFUS ADJUSTABLE RATE SECURITIES FUND INC
RW, 1994-04-13

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DREYFUS ADJUSTABLE RATE SECURITIES FUND, INC.
144 Glenn Curtiss Boulevard
Uniondale, New York  11556-0144


                              April 8, 1994


Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C.  20549

     Re:  Dreyfus Adjustable Rate Securities Fund, Inc.
          Registration Statement on Form N-1A 
          (Registration No. 33-45151)                  

Gentlemen:

          Pursuant to Rule 477 of the General Rules and
Regulations under the Securities Act of 1933, as amended,
Dreyfus Adustable Rate Securities Fund, Inc. (the "Fund")
desires to withdraw, and hereby requests that the Commission
withdraw, the above-referenced Registration Statement.  The Fund
believes that such action would be consistent with the public
interest and the protection of investors since the Fund has not
made a public offering of its shares of common stock and the
above-referenced Registration Statement has not been declared
effective by the Staff of the Commission.

                              Very truly yours,

                              DREYFUS ADJUSTABLE RATE SECURITIES
                                FUND, INC.



                              By:/s/ Daniel C. Maclean          
                                 Daniel C. Maclean,
                                 Agent for Service of Process