DREYFUS BALANCED FUND INC, 497J, 1995-01-19

DREYFUS BALANCED FUND INC
497J, 1995-01-19

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                         DREYFUS BALANCED FUND, INC.



                                         January 19, 1995


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

Attention:  Filings - Rule 497(j)

     Re:   Dreyfus Balanced Fund, Inc.
           Registration Statement File No.: 33-50350
           CIK No.:  0000890341

Dear Sir/Madam:

     Pursuant to Rule 497(j) under the Securities Act of 1933, this is to
certify that the form of Prospectus and Statement of Additional
Information that would have been filed under paragraph (b) or (c) of this
section does not differ from that contained in the most recent amendment,
Post-Effective Amendment No. 4 to the Registration Statement,
electronically filed with the Securities and Exchange Commission on
October 26, 1994.


                                         Very truly yours,



                                         Eric B. Fischman
                                         Assistant Secretary


EBF/MM:lh
Enclosures

cc:  Ernst & Young LLP
     Stroock & Stroock & Lavan