December 13, 2002

                        SUPPLEMENT TO CURRENT PROSPECTUS

      Online transaction capability through the Dreyfus website,
www.dreyfus.com, has been added to all Regular and IRA Accounts (if applicable)
that have teleservice privileges. Investors in Regular Accounts may purchase
fund shares online using Dreyfus TeleTransfer (maximum $150,000 per day) and
sell (redeem) fund shares online. The proceeds of an online redemption will be
sent by Dreyfus TeleTransfer (currently a maximum of $20,000 per day), wire
(currently a maximum of $20,000 per day), or check (maximum $250,000 per day).
Investors in Regular and IRA Accounts may exchange fund shares online (maximum
$250,000 per day). Dreyfus will not be responsible for account losses due to
fraud when following online instructions it reasonably believes to be genuine.

                                                                      WBSTK-1202