-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 MzJgbwKvs9WOkecFGTBDqiYLZooyaCnTh8uFI/oVYVAx1IEA+R5a/TrHwSQ5BVth
 C2LpwrPj1mHF8s+wrPYKYg==

<SEC-DOCUMENT>0001080084-99-000049.txt : 19990511
<SEC-HEADER>0001080084-99-000049.hdr.sgml : 19990511
ACCESSION NUMBER:		0001080084-99-000049
CONFORMED SUBMISSION TYPE:	40-17F2
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		19990510

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DREYFUS STRATEGIC MUNICIPALS INC
		CENTRAL INDEX KEY:			0000818972
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				133426554
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		40-17F2
		SEC ACT:		
		SEC FILE NUMBER:	811-05245
		FILM NUMBER:		99615401

	BUSINESS ADDRESS:	
		STREET 1:		144 GLENN CURTISS BLVD
		CITY:			UNIONDALETY
		STATE:			NY
		ZIP:			11556
		BUSINESS PHONE:		2129226808

	MAIL ADDRESS:	
		STREET 1:		DREYFUS CORP
		STREET 2:		200 PARK AVE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10166
</SEC-HEADER>
<DOCUMENT>
<TYPE>40-17F2
<SEQUENCE>1
<DESCRIPTION>17F-2 LETTER
<TEXT>

                          Independent Account's Report

To the Board of Directors
Dreyfus Strategic Municipals, Inc.

We have examined management's assertion about Dreyfus Strategic
Municipals, Inc.'s (the "Company") compliance with the requirements of
subsections (b) and (c) of Rule 17f-2 of the Investment Company Act of
1940 ("the Act") as of May 31, 1998, with respect to securities and similar
investments reflected in the investment account of the Company,  included
in the accompanying Management Statement Regarding Compliance with
Certain Provisions of the Investment Company 
Act of 1940.  Management is responsible for the Company's compliance
with those requirements.  Our responsibility is to express an opinion on
management's assertion about the Company's compliance based on our
examination.

Our examination was made in accordance with standards established by the
American Institute of Certified Public Accountants and accordingly,
included examining, on a test basis, evidence about the Company's
compliance with those requirements and performing such other procedures 
as we considered necessary in the circumstances. Included among our
procedures were the following tests performed as of May 31, 1998, and with
respect to agreement of security and similar investments purchases
and sales, for the period from February 28, 1998 (the date of last
examination) through May 31, 1998; 

Count and inspection of all securities and similar investments located in the
vault of Mellon Bank in New York, without prior notice to management;

Confirmation of all securities and similar investments held by institutions in
book entry form (i.e., the Federal Reserve Bank of Boston, the Depository
Trust Company and the Participant Trust Company);

Reconciliation of confirmation results as to all such securities and
investments to the books and records of the Company and Mellon Bank;

Confirmation of all repurchase agreements, if any, with brokers/banks and
agreement of underlying collateral with Mellon Bank's records;

Agreement of investment purchases and sales or maturities since our last
examination from the books and records of the Company to broker
confirmations.

We believe that our examination provides a reasonable basis for our 
opinion.   Our examination does not provide a legal determination 
on the Company's compliance with specified requirements.

In our opinion, management's assertion that Dreyfus Strategic Municipals,
Inc. was in compliance with the requirements of subsections (b) and (c) of
Rule 17f-2 of the Investment Company Act of 1940 as of  May 31, 1998
with respect to securities and similar investments reflected in the investment
account of the Company is fairly stated, in all material respects.

This report is intended solely for the information and use of management of
Dreyfus Strategic Municipals, Inc. and the Securities and Exchange
Commission and should not be used for any other purpose.

               ERNST & YOUNG LLP

New York, New York
July 13, 1998




               UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
           Washington, DC 20549
                     
               FORM N-17f-2

Certificate of Accounting or Securities and Similar
      Investments in the Custody of 
      Management Investment Companies

 Pursuant to Rule 17f-2 [17 CRF 270.17f-2]

1.   Investment Company Act File        Date examination
     Number:                  completed:
     811-5245                 07/13/98

2.   State Identification Number:

AL   AK   AZ   AR   CA   CO
CT   DE   DC   FL   GA   HI
ID   IL   IN   IA   KS   KY
LA   ME   MD   MA   MI   MN
MS   MO   MI   NE   NV   NH
NJ   NM   NY   NC   ND   OH   
OK   OR   PA   RI   SC   SD
TN   TX   UT   VT   VA   WA
WV   WI   WY   PUERTO
               RICO

Other
Specify:

3.   Exact name of investment company as specified in registration 
     statement:

4.   Address of principal executive office: (number, street, city, state,
      zip code) 200 Park Avenue, 55th Floor , New York, NY 10166

INSTRUCTIONS

     The Form must be completed by investment companies that have
      custody of securities or similar investments

Investment Company

1.   All items must be completed by the investment company.

2.   Give this Form to the independent public accountant who, in 
     compliance with Rule 17f-2 under the Act and applicable state
     law, examine securities and similar investments in the custody 
     of the investment company.

Accountant

3.   Submit this Form to the Securities and Exchange Commission 
     and appropriate state securities administrators when filing the 
     certificate of accounting required by Rule 17f-2 under the Act
     and applicable state law.  File the original and one copy with
     the Securities and Exchange Commissions's principal office in 
     Washington D.C., one copy with the regional office for the
     region in which the investment company's principal business 
     operations are conducted, and one copy with the appropriate 
     state administrator(s), if applicable.
     
THIS FORM MUST BE GIVEN TO YOUR INDEPENDENT PUBLIC 
                 ACCOUNTANT
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
