DREYFUS INSTITUTIONAL SHORT TERM TREASURY FUND
24F-2NT, 1994-11-29
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                 DREYFUS INSTITUTIONAL SHORT TERM TREASURY FUND
                                200 PARK AVENUE
                              NEW YORK, NY  10166


Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, NW
Washington, DC  20549

       Rule 24f-2 Notice - DREYFUS INSTITUTIONAL SHORT TERM TREASURY FUND
       Registration Statement No. 33-50379 - CIK #912492

Gentlemen:

    On October 12, 1993, the Registration Statement of Dreyfus Institutional
Short Term Treasury Fund was declared effective by the SEC.  The Registration
Statement represented the Fund's election to register an indefinite number of
shares of each Class and this Notice represents each Class's Rule 24f-2 filing
for the fiscal year ended September 30, 1994.

 The following information is furnished:
                                                  CLASS A        CLASS B

 (a) Total number of shares sold during
     fiscal year ended 9/30/94 subject
     to registration under Rule 24f-2,        95,758,812 shs  27,549,886 shs
     and the dollar amount thereof:            $189,466,535    $54,882,853

 (b) Less shares redeemed during
     fiscal year ended 9/30/94,               50,185,737 shs  16,264,409 shs
     and the dollar amount thereof:            $ 99,275,672    $32,202,529
                                             ---------------  --------------
     Net sales (redemptions) during fis-
     cal year ended 9/30/94, and the          45,573,075 shs  11,285,477 shs
     dollar amount thereof [(a) - (b)]:        $ 90,190,863    $22,680,324
                                             ===============  ==============


                                  CALCULATION OF FEE

 CLASS OF SHARES                                                     FEE

Class A - $90,190,863 (net sales dollar amount) @ 1/29 0f 1% = $31,100.30.

Class B - $22,680,324 (net sales dollar amount) @ 1/29 of 1% = $ 7,820.80.

    Funds in the amount of $38,921.10, representing the TOTAL registration fee
for Class A and Class B shares sold, were wired to CIK #912492.  An opinion
of counsel is enclosed.


FCD/ems                                            Very truly yours,

cc: Mr. J. deMichaelis, SEC
    Ms. R. McLaughlin, E&Y
    Mr. S. Rosenberg, BONY                         Frederick C. Dey
                                                   Assistant Treasurer


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