N-Q 1 form022810.htm QUARTERLY SCHEDULE form022810.htm - Generated by SEC Publisher for SEC Filing

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   811-4870

General New York Municipal Money Market Fund
(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: 02/28/10  



FORM N-Q

Item 1.   Schedule of Investments.



STATEMENT OF INVESTMENTS        
General New York Municipal Money Market Fund        
 
February 28, 2010 (Unaudited)          
 
  Coupon   Maturity Principal  
Short-Term Investments--100.2% Rate (%)   Date Amount ($) Value ($)
Albany County Airport Authority,          
Airport Revenue, Refunding          
(LOC; Bank of America)  0.28 3/7/10 5,680,000 a 5,680,000
Albany Industrial Development          
Agency, Civic Facility Revenue          
(Albany Medical Center          
Hospital Project) (LOC; Key          
Bank)  0.30 3/7/10 4,835,000 a 4,835,000
Albany Industrial Development          
Agency, Civic Facility Revenue          
(Renaissance Corporation of          
Albany Project) (LOC; M&T Bank)  0.25 3/7/10 3,005,000 a 3,005,000
Albany Industrial Development          
Agency, Civic Facility Revenue          
(The College of Saint Rose          
Project) (LOC; Bank of America)  0.16 3/1/10 1,900,000 a 1,900,000
Albany Industrial Development          
Agency, IDR (Davies Office          
Refurbishing, Inc. Project)          
(LOC; HSBC Bank USA)  0.41 3/7/10 1,875,000 a 1,875,000
Albany Industrial Development          
Agency, IDR (Davies Office          
Refurbishing, Inc. Project)          
(LOC; HSBC Bank USA)  0.44 3/7/10 975,000 a 975,000
Auburn Industrial Development          
Authority, IDR (Fat Tire LLC          
Project) (LOC; Key Bank)  0.65 3/7/10 1,275,000 a 1,275,000
Brookhaven-Comsewogue Union Free          
School District, GO Notes, TAN  1.25 4/30/10 1,400,000 1,401,733
Campbell-Savona Central School          
District, GO Notes, BAN  2.00 6/24/10 2,560,000 2,568,452
Clinton County Industrial          
Development Agency, Civic          
Facility Revenue (Champlain          
Valley Physicians Hospital          



(Insured; Radian Group and        
Liquidity Facility; Key Bank) 0.30 3/7/10 9,100,000 a 9,100,000
Clinton County Industrial        
Development Agency, Civic        
Facility Revenue (Champlain        
Valley Physicians Hospital        
Medical Center Project) (LOC;        
Key Bank) 0.30 3/7/10 2,000,000 a 2,000,000
Cold Spring Harbor Central School        
District, GO Notes, TAN 2.00 6/30/10 2,455,000 2,467,181
East Hampton Union Free School        
District, GO Notes, TAN 1.00 6/30/10 2,605,000 2,610,341
Elmira City School District,        
GO Notes, BAN 1.50 6/30/10 2,700,000 2,707,636
Erie County Fiscal Stability        
Authority, GO Notes, BAN 1.25 7/30/10 2,755,000 2,762,732
Erie County Industrial Development        
Agency, Civic Facility Revenue        
(Hauptman-Woodward Project)        
(LOC; Key Bank) 0.45 3/7/10 2,040,000 a 2,040,000
Erie County Industrial Development        
Agency, Civic Facility Revenue        
(People Inc. Project) (LOC;        
Key Bank) 0.45 3/7/10 1,930,000 a 1,930,000
Erie County Industrial Development        
Agency, IDR (Hydro-Air        
Components Inc. Project) (LOC;        
HSBC Bank USA) 0.35 3/7/10 4,230,000 a 4,230,000
Erie County Industrial Development        
Agency, IDR (Luminescent        
Systems, Inc. Project) (LOC;        
HSBC Bank USA) 0.35 3/7/10 6,000,000 a 6,000,000
Erie County Industrial Development        
Agency, Multi-Mode Civic        
Facility Revenue (United        
Cerebral Palsy Association of        
Western New York, Inc.        
Project) (LOC; Key Bank) 0.45 3/7/10 3,430,000 a 3,430,000
Fishkill,        
GO Notes, BAN 2.00 4/30/10 1,665,000 1,667,732
Fort Plain Central School        



District, GO Notes, BAN 2.00 6/24/10 1,765,000 1,772,506
Hempstead Industrial Development        
Agency, IDR, Refunding        
(Trigen-Nassau Energy        
Corporation) (LOC; Societe        
Generale) 0.23 3/7/10 5,200,000 a 5,200,000
Heuvelton Central School District,        
GO Notes, BAN 1.50 6/30/10 1,200,000 1,203,378
Long Island Power Authority,        
CP (Long Island Lighting        
Company) (LOC; JPMorgan Chase        
Bank) 0.35 6/10/10 3,100,000 3,100,000
Long Island Power Authority,        
Electric System General        
Revenue (Insured; Assured        
Guaranty Municipal Corp. and        
Liquidity Facility; Dexia        
Credit Locale) 0.28 3/7/10 8,400,000 a 8,400,000
Long Island Power Authority,        
Electric System Subordinated        
Revenue (LOC; Westdeutsche        
Landesbank) 0.13 3/1/10 1,300,000 a 1,300,000
Metropolitan Transportation        
Authority, Dedicated Tax Fund        
Revenue (Insured; Assured        
Guaranty Municipal Corp. and        
Liquidity Facility; Dexia        
Credit Locale) 0.23 3/7/10 42,000,000 a 42,000,000
Monroe County Industrial        
Development Agency, Civic        
Facility Revenue (Heritage        
Christian Home Project) (LOC;        
Key Bank) 0.50 3/7/10 1,755,000 a 1,755,000
Monroe County Industrial        
Development Agency, Revenue        
(HDF-RWC Project 1, LLC -        
Robert Weslayan College        
Project) (LOC; M&T Bank) 0.30 3/7/10 2,680,000 a 2,680,000
Nassau County Industrial        
Development Agency, Civic        
Facility Revenue (North Shore        
Hebrew Academy High School        
Project) (LOC; Banco Santander) 0.30 3/7/10 6,940,000 a 6,940,000



Nassau County Industrial        
Development Agency, Housing        
Revenue (Rockville Centre        
Housing Associates, L.P.        
Project) (LOC; M&T Bank) 0.30 3/7/10 9,000,000 a 9,000,000
New York City,        
GO Notes (Liquidity Facility;        
Landesbank Hessen-Thuringen        
Girozentrale) 0.14 3/1/10 5,000,000 a 5,000,000
New York City,        
GO Notes (Liquidity Facility;        
Wachovia Bank) 0.12 3/1/10 10,400,000 a 10,400,000
New York City,        
GO Notes (LOC; Bank of America) 0.21 3/7/10 29,000,000 a 29,000,000
New York City,        
GO Notes (LOC; JPMorgan Chase        
Bank) 0.14 3/1/10 1,000,000 a 1,000,000
New York City,        
GO Notes (LOC; Westdeutsche        
Landesbank) 0.14 3/1/10 10,000,000 a 10,000,000
New York City,        
GO Notes (LOC; Westdeutsche        
Landesbank) 0.17 3/7/10 9,900,000 a 9,900,000
New York City Housing Development        
Corporation, MFHR (Liquidity        
Facility; JPMorgan Chase Bank) 0.21 3/7/10 5,000,000 a 5,000,000
New York City Housing Development        
Corporation, MFMR (The Crest        
Project) (LOC; Landesbank        
Hessen-Thuringen Girozentrale) 0.20 3/7/10 7,000,000 a 7,000,000
New York City Industrial        
Development Agency, Civic        
Facility Revenue (A Very        
Special Place, Inc. Project)        
(LOC; HSBC Bank USA) 0.35 3/7/10 5,095,000 a 5,095,000
New York City Industrial        
Development Agency, Civic        
Facility Revenue (Columbia        
Grammar and Preparatory School        
Project) (LOC; Allied Irish        
Banks) 0.60 3/7/10 7,600,000 a 7,600,000
New York City Industrial        
Development Agency, Civic        



Facility Revenue (French        
Institute-Alliance Francaise        
de New York - Federation of        
French Alliances in the United        
States Project) (LOC; M&T Bank) 0.45 3/7/10 3,565,000 a 3,565,000
New York City Industrial        
Development Agency, Civic        
Facility Revenue (Heart Share        
Human Services of New York,        
Roman Catholic Diocese of        
Brooklyn Project) (LOC; HSBC        
Bank USA) 0.35 3/7/10 7,105,000 a 7,105,000
New York City Industrial        
Development Agency, Civic        
Facility Revenue (New York        
Psychotherapy Project) (LOC;        
JPMorgan Chase Bank) 0.18 3/7/10 3,000,000 a 3,000,000
New York City Industrial        
Development Agency, IDR        
(Allway Tools Inc. Additional        
Project) (LOC; Citibank NA) 0.58 3/7/10 1,605,000 a 1,605,000
New York City Industrial        
Development Agency, IDR (Gary        
Plastic Packaging Corporation        
Project) (LOC; JPMorgan Chase        
Bank) 0.40 3/7/10 3,100,000 a 3,100,000
New York City Industrial        
Development Agency, IDR        
(Linear Lighting Corporation        
Project) (LOC; M&T Bank) 1.20 3/7/10 1,000,000 a 1,000,000
New York City Municipal Water        
Finance Authority, CP        
(Liquidity Facility:        
Bayerische Landesbank and        
Westdeutsche Landesbank) 0.30 3/3/10 2,500,000 2,500,000
New York City Municipal Water        
Finance Authority, Water and        
Sewer System Second General        
Resolution Revenue (Liquidity        
Facility; Bank of America) 0.12 3/1/10 2,700,000 a 2,700,000
New York City Municipal Water        
Finance Authority, Water and        
Sewer System Second General        



Resolution Revenue (Liquidity        
Facility; Landesbank        
Hessen-Thuringen Girozentrale) 0.13 3/1/10 3,800,000 a 3,800,000
New York City Transitional Finance        
Authority, Future Tax Secured        
Revenue (Liquidity Facility;        
Westdeutsche Landesbank) 0.22 3/7/10 6,500,000 a 6,500,000
New York City Transitional Finance        
Authority, Revenue (New York        
City Recovery) (Liquidity        
Facility; Bayerische        
Landesbank) 0.14 3/1/10 1,100,000 a 1,100,000
New York Liberty Development        
Corporation, Multi-Modal        
Liberty Revenue (World Trade        
Center Project) 0.50 1/18/11 13,000,000 13,000,000
New York State Dormitory        
Authority, Consolidated        
Service Contract Revenue,        
Refunding 1.50 7/1/10 3,690,000 3,703,682
New York State Dormitory        
Authority, Revenue (Long        
Island University) (LOC;        
Allied Irish Banks) 0.37 3/7/10 15,280,000 a 15,280,000
New York State Dormitory        
Authority, Revenue (Mount        
Saint Mary College) (LOC;        
JPMorgan Chase Bank) 0.18 3/7/10 10,270,000 a 10,270,000
New York State Dormitory        
Authority, Revenue (Park Ridge        
Hospital, Inc.) (LOC; JPMorgan        
Chase Bank) 0.20 3/7/10 10,420,000 a 10,420,000
New York State Housing Finance        
Agency, Housing Revenue        
(Gateway to New Cassel        
Project) (LOC; JPMorgan Chase        
Bank) 0.25 3/7/10 2,200,000 a 2,200,000
New York State Housing Finance        
Agency, Housing Revenue (Rip        
Van Winkle House Project)        
(LOC; FHLMC) 0.23 3/7/10 7,500,000 a 7,500,000
New York State Housing Finance        
Agency, Housing Revenue (Sea        



Park West Apartments Project)        
(LOC; FHLMC) 0.23 3/7/10 5,100,000 a 5,100,000
New York State Housing Finance        
Agency, State Personal Income        
Tax Revenue (Economic        
Development and Housing)        
(Liquidity Facility; Citibank        
NA) 0.20 3/7/10 5,545,000 a,b 5,545,000
New York State Mortgage Agency,        
Mortgage Revenue (Liquidity        
Facility; Citibank NA) 0.25 3/7/10 6,115,000 a,b 6,115,000
Niagara County Industrial        
Development Agency, Civic        
Facility Revenue (NYSARC Inc.,        
Niagara County Chapter) (LOC;        
Key Bank) 0.45 3/7/10 2,835,000 a 2,835,000
Oneida County Industrial        
Development Agency, Civic        
Facility Revenue (Mohawk        
Valley Community College        
Dormitory Corporation Project)        
(LOC; Citibank NA) 0.18 3/7/10 8,140,000 a 8,140,000
Port Authority of New York and New        
Jersey, CP (Liquidity        
Facility; Landesbank        
Hessen-Thuringen Girozentrale) 0.30 4/9/10 7,300,000 7,300,000
Port Authority of New York and New        
Jersey, Equipment Notes 0.26 3/7/10 5,600,000 a 5,600,000
Port Authority of New York and New        
Jersey, Special Obligation        
Revenue (Versatile Structure        
Obligations) (Liquidity        
Facility; Landesbank Hessen-        
Thuringen Girozentrale) 0.14 3/1/10 5,800,000 a 5,800,000
Port Authority of New York and New        
Jersey, Special Obligation        
Revenue (Versatile Structure        
Obligations) (LOC; Bayerische        
Landesbank) 0.17 3/1/10 6,700,000 a 6,700,000
Putnam County Industrial        
Development Agency, IDR (Broad        
Reach, LLC Project) (LOC; RBS        
Citizens NA) 0.70 3/7/10 2,685,000 a 2,685,000



Rockland County Industrial        
Development Authority, Revenue        
(Northern Manor Multicare        
Center, Inc. Project) (LOC;        
M&T Bank) 0.30 3/7/10 3,800,000 a 3,800,000
Saint Lawrence County Industrial        
Development Agency, IDR (Saint        
Lawrence County Newspapers        
Corporation Project) (LOC; Key        
Bank) 0.65 3/7/10 745,000 a 745,000
Schenectady Industrial Development        
Agency, IDR (Fortitech Holding        
Corporation Project) (LOC;        
Bank of America) 0.67 3/7/10 865,000 a 865,000
Schoharie County Industrial        
Development Agency, Civic        
Facility Revenue (Bassett        
Hospital of Schoharie County        
Project) (LOC; Key Bank) 0.50 3/7/10 1,780,000 a 1,780,000
Smithtown Central School District,        
GO Notes, TAN 1.00 6/25/10 4,810,000 4,818,694
South Jefferson Central School        
District, GO Notes, BAN 1.50 7/2/10 1,200,000 1,203,249
Southeast Industrial Development        
Agency, IDR (Unilock New York,        
Inc. Project) (LOC; Bank One) 0.71 3/7/10 2,100,000 a 2,100,000
Susquehanna Valley Central School        
District, GO Notes, BAN 1.50 7/30/10 1,000,000 1,003,306
Three Village Central School        
District, GO Notes, TAN 1.00 6/30/10 3,540,000 3,546,556
Warren and Washington Counties        
Industrial Development Agency,        
IDR (Angiodynamics Project)        
(LOC; Key Bank) 0.60 3/7/10 2,230,000 a 2,230,000
Westchester County Health Care        
Corporation, CP (Liquidity        
Facility; JPMorgan Chase Bank        
and LOC; Westchester County) 0.40 3/11/10 5,000,000 5,000,000
Yonkers Industrial Development        
Agency, MFHR (Main Street        
Lofts Yonkers LLC Project)        
(LOC; M&T Bank) 0.35 3/7/10 14,600,000 a 14,600,000



Total Investments (cost $433,667,178) 100.2% 433,667,178
Liabilities, Less Cash and Receivables (.2%) (1,030,651)
Net Assets 100.0% 432,636,527

a     

Variable rate demand note - rate shown is the interest rate in effect at February 28, 2010. Maturity date represents the next demand date, or the ultimate maturity date if earlier.

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 February 28, 2010, these securities amounted to $11,660,000 or 2.7% of net assets.

At February 28, 2010, the cost of investments for federal income tax purposes was substantially the same as the cost for financial reporting purposes.

Summary of Abbreviations    
ABAG Association of Bay Area Governments ACA American Capital Access
AGC ACE Guaranty Corporation AGIC Asset Guaranty Insurance Company
AMBAC American Municipal Bond Assurance Corporation ARRN Adjustable Rate Receipt Notes
BAN Bond Anticipation Notes BPA Bond Purchase Agreement
CIFG CDC Ixis Financial Guaranty COP Certificate of Participation
CP Commercial Paper EDR Economic Development Revenue
EIR Environmental Improvement Revenue FGIC Financial Guaranty Insurance Company
FHA Federal Housing Administration FHLB Federal Home Loan Bank
FHLMC Federal Home Loan Mortgage Corporation FNMA Federal National Mortgage Association
GAN Grant Anticipation Notes GIC Guaranteed Investment Contract
GNMA Government National Mortgage Association GO General Obligation
HR Hospital Revenue IDB Industrial Development Board
IDC Industrial Development Corporation IDR Industrial Development Revenue
LOC Letter of Credit LOR Limited Obligation Revenue
LR Lease Revenue MFHR Multi-Family Housing Revenue
MFMR Multi-Family Mortgage Revenue PCR Pollution Control Revenue
PILOT Payment in Lieu of Taxes RAC Revenue Anticipation Certificates
RAN Revenue Anticipation Notes RAW Revenue Anticipation Warrants
RRR Resources Recovery Revenue SAAN State Aid Anticipation Notes
SBPA Standby Bond Purchase Agreement SFHR Single Family Housing Revenue
SFMR Single Family Mortgage Revenue SONYMA State of New York Mortgage Agency



SWDR Solid Waste Disposal Revenue TAN Tax Anticipation Notes
TAW Tax Anticipation Warrants TRAN Tax and Revenue Anticipation Notes
XLCA XL Capital Assurance    



Various inputs are used in determining the value of the fund's investments relating to fair value measurements.

These inputs are summarized in the three broad levels listed below.

Level 1 - unadjusted quoted prices in active markets for identical investments.

Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)

Level 3 - significant unobservable inputs (including fund's own assumptions in determining the fair value of investments).

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. For example, money market securities are valued using amortized cost, in accordance with rules under the Investment Company Act of 1940. Generally, amortized cost approximates the current fair value of a security, but since the value is not obtained from a unadjusted quoted price in an active market, such securities are reflected as Level 2.

The following is a summary of the inputs used as of February 28, 2010 in valuing the fund's investments:

Valuation Inputs Short-Term Investments ($)+
Level 1 - Unadjusted Quoted Prices -
Level 2 - Other Significant Observable Inputs 433,667,178
Level 3 - Significant Unobservable Inputs -
Total 433,667,178

+ See Statement of Investments for additional detailed categorizations.



The Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) has become the exclusive reference of authoritative U.S. generally accepted accounting principles (“GAAP”) recognized by the FASB to be applied by nongovernmental entities. Rules and interpretive releases of the Securities and Exchange Commission (“SEC”) under authority of federal laws are also sources of authoritative GAAP for SEC registrants. The ASC has superseded all existing non-SEC accounting and reporting standards. The fund’s financial statements are prepared in accordance with GAAP, which may require the use of management estimates and assumptions. Actual results could differ from those estimates.

It is the fund’s policy to maintain a continuous net asset value per share of $1.00; the fund has adopted certain investment, portfolio valuation and dividend and distribution policies to enable it to do so. There is no assurance, however, that the fund will be able to maintain a stable net asset value per share of $1.00.

Portfolio valuation: Investments in securities are valued at amortized cost in accordance with Rule 2a-7 of the Act, which has been determined by the Board of Trustees to represent the fair value of the fund’s investments.

Additional 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.



FORM N-Q

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 New York Municipal Money Market Fund

By: /s/ Bradley J. Skapyak
  Bradley J. Skapyak
  President
 
Date: April 22, 2010

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/ Bradley J. Skapyak
  Bradley J. Skapyak
  President
 
Date: April 22, 2010
 
By: /s/ James Windels
James Windels
  Treasurer
 
Date: April 22, 2010

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)