N-Q 1 form196.htm FORM N-Q form196
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION 
Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT 
INVESTMENT COMPANY

Investment Company Act file number    811-3207 

General Money Market Fund, Inc.
(Exact name of Registrant as specified in charter) 

c/o The Dreyfus Corporation
200 Park Avenue
New York, New York 10166
(Address of principal executive offices)    (Zip code) 

Michael A. Rosenberg, Esq.
200 Park Avenue
New York, New York 10166
(Name and address of agent for service) 

Registrant's telephone number, including area code:    (212) 922-6000 

Date of fiscal year end:    11/30 

Date of reporting period:    8/31/07 

FORM N-Q

Item 1.    Schedule of Investments. 

STATEMENT OF INVESTMENTS         
General Money Market Fund, Inc.         
August 31, 2007 (Unaudited)         
 
Negotiable Bank Certificates of Deposit--15.7%    Principal Amount ($)    Value ($) 
Banca Monte dei Paschi di Siena SpA (London)         
5.33%, 10/5/07    140,000,000    140,000,326 
Bank of Tokyo-Mitsubishi Ltd. (Yankee)         
5.31%, 11/7/07    160,000,000    160,000,000 
Credit Agricole (London)         
5.30% - 5.34%, 10/12/07 - 11/8/07    169,000,000    168,998,206 
Credit Suisse (USA) Inc. (Yankee)         
5.31%, 10/10/07    210,000,000    210,000,000 
Credit Suisse (Yankee)         
5.31%, 11/8/07    200,000,000    200,000,000 
Harris N.A.         
5.34%, 11/27/07    250,000,000    250,000,000 
Natixis         
5.33%, 9/5/07    250,000,000 a    249,971,335 
Societe Generale (Yankee)         
5.30% - 5.51%, 9/13/07 - 10/11/07    135,000,000    135,000,000 
UniCredito Italiano SpA (London)         
5.34%, 12/4/07    50,000,000    50,000,000 
Wilmington Trust Co., DE         
5.30%, 10/2/07    87,300,000    87,298,488 
Total Negotiable Bank Certificates of Deposit         
(cost $1,651,268,355)        1,651,268,355 
Commercial Paper--39.3%         
ANZ National (International) Ltd.         
5.34%, 11/13/07    13,000,000 b    12,862,659 
ASB Finance Ltd.         
5.32% - 5.34%, 9/6/07 - 12/5/07    255,000,000 b    252,632,681 
Asscher Finance Corp.         
5.32% - 5.33%, 9/5/07 - 9/21/07    175,000,000 b    174,606,597 
Atlantis One Funding Corp.         
5.32%, 9/7/07 - 10/22/07    85,911,000 b    85,764,224 
Bank of America Corp.         
5.32%, 10/29/07    400,000,000    396,619,889 
Bank of Ireland         
5.31% - 5.32%, 9/4/07 - 10/12/07    459,750,000 b    458,701,298 
Beethoven Funding Corp.         
5.33%, 10/3/07    28,681,000 b    28,546,900 
BNP Paribas Finance Inc.         
5.25%, 9/4/07    200,000,000    199,912,500 
CC (USA) Inc.         
5.32%, 11/9/07    2,000,000 b    1,980,105 
Citigroup Funding Inc.         
5.34%, 1/22/08    140,000,000    137,105,442 
Cullinan Finance Ltd.         
5.30%, 10/22/07    110,000,000 b    109,195,900 
Daimler Chrysler Revolving Auto Conduit LLC         

5.41%, 11/8/07    14,250,000    14,106,265 
Danske Corp., Delaware         
5.25%, 10/12/07    10,000,000    9,941,233 
DnB NOR Bank ASA         
5.30% - 5.34%, 11/6/07 - 11/26/07    291,400,000    288,370,776 
FCAR Owner Trust, Ser. II         
5.31% - 5.34%, 10/22/07 - 1/18/08    423,180,000    416,223,257 
Harrier Finance Funding Ltd.         
5.30% - 5.33%, 9/20/07 - 11/7/07    181,984,000 b    181,295,006 
HVB U.S. Finance Inc.         
5.31%, 11/9/07    300,000,000 b    297,027,250 
K2 (USA) LLC         
5.31% - 5.33%, 9/18/07 - 10/3/07    80,700,000 b    80,338,156 
Liquid Funding Ltd.         
5.29%, 11/26/07    12,000,000 b    11,852,367 
Raiffeisen Zentralbank Oesterreich         
5.31%, 11/7/07    60,000,000    59,422,683 
Sigma Finance Inc.         
5.29%, 9/24/07    200,000,000 b    199,341,944 
Skandinaviska Enskilda Banken AB         
5.29%, 9/21/07    250,000,000    249,284,722 
Swedbank (ForeningsSparbanken AB)         
5.47%, 11/9/07    300,000,000    296,897,875 
Ticonderoga Master Funding Limited         
6.13%, 9/25/07    53,000,000 b    52,784,467 
WestpacTrust Securities NZ Ltd.         
5.34%, 10/30/07    100,000,000 b    99,144,008 
Total Commercial Paper         
(cost $4,113,958,204)        4,113,958,204 
Corporate Notes--13.3%         
Calyon         
5.30%, 3/10/08    230,000,000 a    229,977,820 
Commonwealth Bank of Australia         
5.52%, 9/24/07    45,000,000 a    45,000,000 
Cullinan Finance Ltd.         
5.32%, 10/25/07    170,000,000 a,b    169,996,293 
Fifth Third Bancorp         
5.50%, 9/24/07    100,000,000 a    100,000,000 
Harrier Finance Funding Ltd.         
5.32%, 2/27/08    195,000,000 a,b    194,992,828 
M&I Marshall & Ilsley Bank Milwaukee, WI     
5.53%, 11/15/07    70,000,000 a    69,996,405 
Morgan Stanley         
5.37%, 9/4/07    100,000,000 a    100,000,000 
Premier Asset Collateralized Entity LLC         
5.33%, 10/25/07    75,000,000 a,b    74,998,890 
Royal Bank of Scotland PLC         
5.52%, 9/21/07    210,000,000 a    210,000,000 
Wells Fargo & Co.         
5.34%, 9/4/07    100,000,000 a    100,000,000 
Westpac Banking Corp.         
5.58%, 9/17/07    100,000,000 a    100,000,000 

Total Corporate Notes         
(cost $1,394,962,236)        1,394,962,236 
Short-Term Bank Notes--.1%         
Bank of America N.A.         
5.26%, 10/12/07         
(cost $14,999,916)    15,000,000    14,999,916 
U.S. Government Agencies--.0%         
Federal Home Loan Bank System         
4.20%, 9/4/07         
(cost $2,499,125)    2,500,000    2,499,125 
Time Deposits--6.6%         
KBC Bank N.V. (Grand Cayman)         
4.94%, 9/4/07    350,000,000    350,000,000 
Key Bank U.S.A., N.A. (Grand Cayman)         
5.25%, 9/4/07    75,000,000    75,000,000 
Regions Bank (Grand Cayman)         
4.25%, 9/4/07    59,000,000    59,000,000 
Societe Generale (Grand Cayman)         
5.00%, 9/4/07    209,000,000    209,000,000 
Total Time Deposits         
(cost $693,000,000)        693,000,000 
Repurchase Agreements--25.1%         
Banc of America Securities LLC         
5.46%, dated 8/31/07, due 9/4/07 in the amount of         
$50,030,306 (fully collateralized by $54,075,217         
Corporate Bonds, 5.40%-9.473%, due 10/15/09-11/1/27,         
value $52,500,757)    50,000,000    50,000,000 
Barclays Financial LLC         
5.45%, dated 8/31/07, due 9/4/07 in the amount of         
$450,272,250 (fully collateralized by $448,869,919         
Corporate Bonds, 4%-8.375%, due 5/15/08-2/1/36, value         
$463,500,001)    450,000,000    450,000,000 
Bear Stearns Cos. Inc.         
5.45%, dated 8/31/07, due 9/4/07 in the amount of         
$200,121,111 (fully collateralized by $289,808,951         
Corporate Bonds, 0%-18%, due 9/15/09-10/19/39, value         
$205,922,450)    200,000,000    200,000,000 
Citigroup Global Markets Holdings Inc.         
5.46%-5.53%, dated 8/31/07, due 9/4/07 in the amount         
of $350,212,528 (fully collateralized by $411,265,225         
Corporate Bonds, 3.75%-8.86%, due 3/3/08-11/14/51,         
value $360,500,000)    350,000,000    350,000,000 
Credit Suisse (USA) Inc.         
5.46%, dated 8/31/07, due 9/4/07 in the amount of         
$100,060,611 (fully collateralized by $181,165,000         
Federal National Mortage Association, 5.50%, due         
7/1/34, value $102,002,000)    100,000,000    100,000,000 
Deutsche Bank Securities         
5.46%, dated 8/31/07, due 9/4/07 in the amount of         
$325,196,986 (fully collateralized by $6,154,911,309         
Corporate Bonds, 0%-30.27%, due 8/19/12-12/10/49,         

value $334,750,001)    325,000,000    325,000,000 
Greenwich Capital Markets         
5.45%, dated 8/31/07, due 9/4/07 in the amount of         
$265,160,325 (fully collateralized by $167,403,157         
Federal Home Loan Mortgage Corp., 0%, due         
6/15/34-7/15/37, value $109,600,927, $190,421,917         
Federal National Mortgage Association, 0%, due         
4/25/24-8/25/37, value $133,510,436 and $564,419,525     
Government National Mortgage Association, .961%-1.04%,     
due 1/16/44-11/16/46, value $27,189,991)    265,000,000    265,000,000 
HSBC USA Inc         
5.45%, dated 8/31/07, due 9/4/07 in the amount of         
$100,060,500 (fully collateralized by $102,855,000         
Corporate Bonds, 3.50%-8.625%, due 9/10/07-12/16/36,     
value $103,000,155)    100,000,000    100,000,000 
Lehman Brothers Inc.         
5.45%, dated 8/31/07, due 9/4/07 in the amount of         
$300,181,667 (fully collateralized by $306,778,597         
Corporate Bonds, 6%-16.26%, due 1/9/08-3/1/28, value     
$314,759,286)    300,000,000    300,000,000 
Merrill Lynch & Co. Inc.         
5.45%, dated 8/31/07, due 9/4/07 in the amount of         
$350,211,750 (fully collateralized by $351,350,428         
Corporate Bonds, 4%-8.875%, due 9/15/07-9/15/37,         
value $360,500,168)    350,000,000    350,000,000 
Morgan Stanley         
5.48%, dated 8/31/07, due 9/4/07 in the amount of         
$148,090,033 (fully collateralized by $304,207,632         
Corporate Bonds, 0%-8.255%, due 8/15/09-6/25/47,         
value $152,632,157)    148,000,000    148,000,000 
Total Repurchase Agreements         
(cost $2,638,000,000)        2,638,000,000 
Total Investments (cost $10,508,687,836)    100.1%    10,508,687,836 
Liabilities, Less Cash and Receivables    (.1%)    (14,382,854) 
Net Assets    100.0%    10,494,304,982 

a Variable rate security--interest rate subject to periodic change. 
b Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in 
transactions exempt from registration, normally to qualified institutional buyers. At August 31, 2007, these securities 
amounted to $2,486,061,573 or 23.7% of net assets. 
Securities valuation policies and other investment related disclosures are hereby incorporated by reference to the annual and semi-annual 
reports previously filed with the Securities and Exchange Commission on Form N-CSR. 

Item 2.    Controls and Procedures. 

(a) The Registrant's principal executive and principal financial officers have concluded, based on their evaluation of the Registrant's disclosure controls and procedures as of a date within 90 days of the filing date of this report, that the Registrant's disclosure controls and procedures are reasonably designed to ensure that information required to be disclosed by the Registrant on Form N-Q is recorded, processed, summarized and reported within the required time periods and that information required to be disclosed by the Registrant in the reports that it files or submits on Form N-Q is accumulated and communicated to the Registrant's management, including its principal executive and principal financial officers, as appropriate to allow timely decisions regarding required disclosure.

(b) There were no changes to the Registrant's internal control over financial reporting that occurred during the Registrant's most recently ended fiscal quarter that have materially affected, or are reasonably likely to materially affect, the Registrant's internal control over financial reporting.

Item 3.    Exhibits. 

(a) Certifications of principal executive and principal financial officers as required by Rule 30a-2(a) under the Investment Company Act of 1940.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.

General Money Market Fund, Inc.

By:    /s/ J. David Officer 
    J. David Officer 
    President
 
Date:    October 23, 2007 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this Report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.

By:    /s/ J. David Officer 
    J. David Officer 
    President
 
Date:    October 23, 2007 

By:    /s/ James Windels 
    James Windels 
    Treasurer
 
Date:    October 23, 2007 

EXHIBIT INDEX

(a) Certifications of principal executive and principal financial officers as required by Rule 30a-2(a) under the Investment Company Act of 1940. (EX-99.CERT)

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