DREYFUS BASIC U S GOVERNMENT MONEY MARKET FUND
497, 1994-08-05
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                                                August 3, 1994
                      DREYFUS BASIC MONEY MARKET FUND, INC.
             DREYFUS BASIC U.S. GOVERNMENT MONEY MARKET FUND
                     SUPPLEMENT TO COMBINED PROSPECTUS
                                  DATED JUNE 20, 1994
I.    PROPOSED MERGER OF THE DREYFUS CORPORATION
    The Dreyfus Corporation ("Dreyfus"), each Fund's adviser, has entered into
an Agreement and Plan of Merger providing for the merger (the "Merger") of
Dreyfus with a subsidiary of Mellon Bank, N.A. ("Mellon").
    Following the Merger, it is planned that Dreyfus will be a direct subsidiary
of Mellon. Closing of the Merger is subject to a number of contingencies,
including approvals of the stockholders of Dreyfus and of Mellon. The Merger is
expected to occur in late August 1994, but could occur significantly later.
    The Merger will result in the automatic termination of each Fund's current
investment advisory agreement with Dreyfus, as required by the Investment
Company Act of 1940, as amended.
II.    RESULTS OF EACH FUND'S SHAREHOLDER VOTE
    THE FOLLOWING INFORMATION SUPPLEMENTS AND SUPERSEDES ANY CONTRARY
INFORMATION CONTAINED IN THE PROSPECTUS.
    On August 3, 1994, each Fund's shareholders voted to approve a new
investment advisory agreement with Dreyfus, each to become effective upon
consummation of the Merger.
                                               123/124stkr080394






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