<PAGE>
NUVEEN
NUVEEN CONNECTICUT
TRADITIONAL UNIT TRUST 281 871
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
ESTIMATED CURRENT RETURN: NUVEEN TAX-FREE UNIT TRUSTS:
5.31 - 5.52% For the tax-sensitive, conservative investor.
ESTIMATED LONG-TERM RETURN: - Double Tax-Free
5.39 - 5.68% - Dependable Income
DATE OF DEPOSIT: June 19, 1996 - Diversified Portfolios
- Investment Grade Municipal Bonds
</TABLE>
UNITS OF THE TRUST ARE NOT DEPOSITS OR OBLIGATIONS OF, OR GUARANTEED OR ENDORSED
BY, ANY BANK AND ARE NOT FEDERALLY INSURED OR OTHERWISE PROTECTED BY THE FDIC OR
ANY OTHER FEDERAL AGENCY AND INVOLVE INVESTMENT RISK, INCLUDING THE POSSIBLE
LOSS OF PRINCIPAL.
- --------------------------------------------------------------------------------
QUICK FACTS ABOUT THIS UNIT TRUST
<TABLE>
<S> <C>
Tax Status Income is exempt from federal and state income
taxes. Capital gains are taxable.
Total Principal $3,500,000 in 35,000 units
Average Life 21.9 years
Call Protection Earliest ordinary optional call is 2004
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $99.84 to $96.89 depending on the purchase amount
Cusip 67064X 133 monthly payment plan
Numbers 67064X 141 quarterly payment plan
67064X 158 semi-annual payment plan
Ratings of As rated by Standard & Poor's, a division of The McGraw
Portfolio Hill Companies
or Moody's Investors Service, Inc.
AAA 71%
AA 29
---------
100%
Registration Registered in Connecticut
</TABLE>
<TABLE>
<S> <C>
Payment Investors may choose to receive monthly, quarterly
Plans or semi-annual interest payments.
Bond Calls Most municipal bonds are subject to optional bond
calls. Bonds are usually called at a premium price
and generally not below par value.
Sales Charge The sales charge is a one-time expense included in
the Public Offering Price.
Letter Investors may use a Letter of Intent to get
of Intent reduced sales charges on purchases made over a
(LOI) 13-month period (and to take advantage of dollar
cost averaging). Minimum LOI investment $50,000.
Redemptions Units can be redeemed on any business day at no
charge. Units are redeemed at their current market
value.
Reinvestment Interest income and returned principal can be
reinvested with no sales charge into Nuveen tax-
free mutual or money market funds. For more
information obtain a prospectus.
</TABLE>
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
MATURITY DATES (Description of Chart)
2012-15 45.7%
2016-19 25.7%
2020-23 0.0%
2024-27 14.3%
2028+ 14.3%
The earliest ordinary optional call date is 2004
YIELD COMPARISON AS OF 06/18/96*
(Description of Yield Comparison Chart)
Nuveen UIT
Pre-Tax 8.70%
Tax Equivalent Yield 5.31%
Treasury Bonds
Pre-Tax 7.43%
Tax Equivalent Yield 7.10%
Corporate Bonds
</TABLE>
<PAGE>
<TABLE>
<S> <C>
Yield 7.94%
</TABLE>
*COMPARES TRUST WITH 30-YEAR TREASURY BONDS AND LEHMAN BROTHERS INVESTMENT
GRADE LONG CORPORATE BOND INDEX. ASSUMES 39.0% FEDERAL AND STATE INCOME TAX
RATE AND A 4.5% STATE INCOME TAX RATE. TREASURY BONDS ARE SUBJECT TO FEDERAL
BUT NOT STATE INCOME TAXES; CORPORATE BONDS ARE GENERALLY SUBJECT TO BOTH.
TREASURY BONDS, UNLIKE MUNICIPAL BONDS, ARE GUARANTEED BY THE U.S. GOVERNMENT.
THE LEHMAN BROTHERS INVESTMENT GRADE LONG CORPORATE BOND INDEX IS CALCULATED
AS OF 5/31/96.
CALL 1.800.257.8787 FOR A PROSPECTUS CONTAINING MORE COMPLETE INFORMATION
INCLUDING CHARGES AND EXPENSES.
READ THE PROSPECTUS CAREFULLY BEFORE INVESTING.
<PAGE>
- --------------------------------------------------------------------------------
BONDS THIS CONNECTICUT TRADITIONAL UNIT TRUST CONTAINS
<TABLE>
<CAPTION>
RATINGS
PRINCIPAL EARLIEST CALL ----------
AMOUNT BOND ISSUE DATE AND PRICE S&P MOODY'S
<C> <S> <C> <C><C>
----------------------------------------------------------------------------------------------------------------
$ 500,000 State of Connecticut, General Obligation Bonds (1995 Series B), 5.375% Due AA- Aa
10/1/14. 2005 at 101
500,000 Connecticut Development Authority, Water Facilities Refunding Revenue Bonds AAA Aaa
(Bridgeport Hydraulic Company Project-1994A Series), 6.05% Due 3/1/29.
(MBIA Insured.) 2004 at 102
500,000 State of Connecticut Health and Educational Facilities Authority, Revenue AAA --
Bonds, Bridgeport Hospital Issue, Series C, 5.375% Due 7/1/25. (ConnieLee
Insured.) 2006 at 102
500,000 Connecticut Municipal Electric Energy Cooperative, Power Supply System AAA Aaa
Revenue Bonds, 1996 Series A, 5.00% Due 1/1/12. (MBIA Insured.) 2006 at 102
500,000 State of Connecticut, Special Tax Obligation Bonds, Transportation AAA Aaa
Infrastructure Purposes, 1994 Series B, 6.25% Due 10/1/14. (FGIC Insured.) 2004 at 101
500,000 The University of Connecticut, General Obligation Bonds, 1996 Series A, AAA Aaa
5.00% Due 2/1/16. (FGIC Insured.) 2006 at 102
500,000 Town of Glastonbury, Connecticut, General Obligation Bonds, Issue of 1996, 2006 at 102 -- Aa1
100M-5.75% Due 6/15/15,
400M-5.75% Due 6/15/16.
(When issued.)
----------------------------------------------------------------------------------------------------------------
$ 3,500,000 TOTAL 7 BONDS
</TABLE>
- --------------------------------------------------------------------------------
HOW TO DETERMINE YOUR INCOME AND YIELD
HOW TO CALCULATE YOUR RETURN
<TABLE>
<S> <C>
The estimated current return is the net income the sales charge, and returns are as of 06/18/96.
divided by the offering price. Estimated long-term As of this date, Units are offered at the public
return is a measure of the return to the investor offering price plus accrued interest to the
expected to be earned over the estimated life of settlement date of $.07. Returns and prices will
the Unit Trust. The public offering prices, which fluctuate.
include
</TABLE>
<TABLE>
<CAPTION>
Public Estimated Return (CURRENT/Long Term)
Breakpoints Offering Sales -------------------------------------------------
Units / Dollars Price Charge Monthly Plan Quarterly Plan Semi-Annual Plan
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
50 / $5,000 $ 99.84 4.90 % 5.31% 5.39% 5.34% 5.42% 5.36% 5.44 %
500 / $50,000 99.69 4.75 5.31 5.40 5.35 5.43 5.36 5.45
1,000 / $100,000 99.42 4.50 5.33 5.43 5.36 5.46 5.38 5.48
2,500 / $250,000 99.16 4.25 5.34 5.44 5.37 5.47 5.39 5.49
5,000 / $500,000 98.39 3.50 5.38 5.51 5.42 5.54 5.44 5.56
10,000 / $1,000,000 97.89 3.00 5.41 5.55 5.44 5.58 5.46 5.60
25,000 / $2,500,000 97.38 2.50 5.44 5.59 5.47 5.62 5.49 5.64
50,000 / $5,000,000 96.89 2.00 5.47 5.63 5.50 5.67 5.52 5.68
</TABLE>
HOW TO DETERMINE YOUR
TAXABLE EQUIVALENT YIELD
The table shows the approximate yield an investor must get from a taxable
investment to match the estimated current return from this Unit Trust.
<TABLE>
<CAPTION>
Taxable Equivalent Yield (by tax
UNIT TRUST bracket)
RETURN 31.0% 34.0% 39.0% 42.5%
<C> <S> <C> <C> <C> <C>
5.31 % 7.70% 8.05% 8.70% 9.23 %
5.31 7.70 8.05 8.70 9.23
5.33 7.72 8.08 8.74 9.27
5.34 7.74 8.09 8.75 9.29
5.38 7.80 8.15 8.82 9.36
5.41 7.84 8.20 8.87 9.41
5.44 7.88 8.24 8.92 9.46
5.47 7.93 8.29 8.97 9.51
</TABLE>
JOHN NUVEEN & CO. INCORPORATED
333 WEST WACKER DRIVE, CHICAGO, IL 60606
HOW TO CALCULATE YOUR INCOME
The table shows expected interest payments for monthly, quarterly and
semi-annual plans. Payments will remain relatively constant as long as the Unit
Trust's size, composition and expenses remain the same. The first record date is
08/01/96.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial partial
payment (all
plans) 8/15/96 $ .6178
Monthly plan 9/15/96 .4413 $ 5.2968
Quarterly plan 11/15/96 1.3320
2/15/97 1.3320 5.3288
Semi-annual plan 11/15/96 1.3365
5/15/97 2.6730 5.3478
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 99.91 = 100.090
investment offering price # of units
(as of and accrued purchased
06/18/96) interest
100.090 X $5.2968 = $530.16
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
<PAGE>
NUVEEN
NUVEEN NORTH CAROLINA
TRADITIONAL UNIT TRUST 298 871
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
ESTIMATED CURRENT RETURN: NUVEEN TAX-FREE UNIT TRUSTS:
5.33 - 5.55% For the tax-sensitive, conservative investor.
ESTIMATED LONG-TERM RETURN: - Double Tax-Free
5.42 - 5.71% - Dependable Income
DATE OF DEPOSIT: June 19, 1996 - Diversified Portfolios
- Investment Grade Municipal Bonds
</TABLE>
UNITS OF THE TRUST ARE NOT DEPOSITS OR OBLIGATIONS OF, OR GUARANTEED OR ENDORSED
BY, ANY BANK AND ARE NOT FEDERALLY INSURED OR OTHERWISE PROTECTED BY THE FDIC OR
ANY OTHER FEDERAL AGENCY AND INVOLVE INVESTMENT RISK, INCLUDING THE POSSIBLE
LOSS OF PRINCIPAL.
- --------------------------------------------------------------------------------
QUICK FACTS ABOUT THIS UNIT TRUST
<TABLE>
<S> <C>
Tax Status Income is exempt from federal and state income
taxes. Capital gains are taxable.
Total Principal $3,500,000 in 35,000 units
Average Life 23.4 years
Call Protection Earliest ordinary optional call is 2004
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $98.74 to $95.82 depending on the purchase amount
Cusip 6710A2 649 monthly payment plan
Numbers 6710A2 656 quarterly payment plan
6710A2 664 semi-annual payment plan
Ratings of As rated by Standard & Poor's, a division of The McGraw
Portfolio Hill Companies
or Moody's Investors Service, Inc.
AAA 71%
AA 29
---------
100%
Registration Registered in North Carolina
</TABLE>
<TABLE>
<S> <C>
Payment Investors may choose to receive monthly, quarterly
Plans or semi-annual interest payments.
Bond Calls Most municipal bonds are subject to optional bond
calls. Bonds are usually called at a premium price
and generally not below par value.
Sales Charge The sales charge is a one-time expense included in
the Public Offering Price.
Letter Investors may use a Letter of Intent to get
of Intent reduced sales charges on purchases made over a
(LOI) 13-month period (and to take advantage of dollar
cost averaging). Minimum LOI investment $50,000.
Redemptions Units can be redeemed on any business day at no
charge. Units are redeemed at their current market
value.
Reinvestment Interest income and returned principal can be
reinvested with no sales charge into Nuveen tax-
free mutual or money market funds. For more
information obtain a prospectus.
</TABLE>
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
MATURITY DATES (Description of Chart)
2012-15 28.5%
2016-19 14.3%
2020-23 42.9%
2024+ 14.3%
The earliest ordinary optional call date is 2004
YIELD COMPARISON AS OF 06/18/96*
(Description of Yield Comparison Chart)
Nuveen UIT
Pre-Tax 9.03%
Tax Equivalent Yield 5.33%
Treasury Bonds
Pre-Tax 7.70%
Tax Equivalent Yield 7.10%
Corporate Bonds
Yield 7.94%
</TABLE>
<PAGE>
*COMPARES TRUST WITH 30-YEAR TREASURY BONDS AND LEHMAN BROTHERS INVESTMENT
GRADE LONG CORPORATE BOND INDEX. ASSUMES 41.0% FEDERAL AND STATE INCOME TAX
RATE AND A 7.75% STATE INCOME TAX RATE. TREASURY BONDS ARE SUBJECT TO FEDERAL
BUT NOT STATE INCOME TAXES; CORPORATE BONDS ARE GENERALLY SUBJECT TO BOTH.
TREASURY BONDS, UNLIKE MUNICIPAL BONDS, ARE GUARANTEED BY THE U.S. GOVERNMENT.
THE LEHMAN BROTHERS INVESTMENT GRADE LONG CORPORATE BOND INDEX IS CALCULATED
AS OF 5/31/96.
CALL 1.800.257.8787 FOR A PROSPECTUS CONTAINING MORE COMPLETE INFORMATION
INCLUDING CHARGES AND EXPENSES.
READ THE PROSPECTUS CAREFULLY BEFORE INVESTING.
<PAGE>
- --------------------------------------------------------------------------------
BONDS THIS NORTH CAROLINA TRADITIONAL UNIT TRUST CONTAINS
<TABLE>
<CAPTION>
RATINGS
PRINCIPAL EARLIEST CALL ----------
AMOUNT BOND ISSUE DATE AND PRICE S&P MOODY'S
<C> <S> <C> <C><C>
----------------------------------------------------------------------------------------------------------------
$ 500,000 North Carolina Municipal Power Agency Number 1, Catawba Electric Revenue AAA Aaa
Bonds, Series 1995A, 5.375% Due 1/1/20. (AMBAC Insured.) 2006 at 102
500,000 The University of North Carolina at Charlotte, Student Activity Center AAA Aaa
Student Fee Revenue Bonds, Series 1995 of the Board of Governors of the
University of North Carolina, 5.50% Due 6/1/21. (MBIA Insured.) 2005 at 102
500,000 Board of Governors of The University of North Carolina, University of North AA Aa
Carolina Hospitals at Chapel Hill, Revenue Bonds, Series 1996, 5.25% Due
2/15/26. 2006 at 102
500,000 City of Concord, North Carolina, Utilities Systems Revenue Bonds, Series AAA Aaa
1995, 5.50% Due 12/1/19. (MBIA Insured.) 2005 at 102
500,000 Piedmont Triad Airport Authority (North Carolina), Airport Revenue AAA Aaa
Refunding Bonds, Series 1993, 5.125% Due 7/1/12. (MBIA Insured.) 2004 at 102
500,000 County of Pitt, North Carolina, Pitt County Memorial Hospital Revenue AA- Aa
Bonds, Series 1995, 5.50% Due 12/1/15. 2005 at 102
500,000 County of Rutherford, North Carolina, Certificates of Participation (1994 AAA Aaa
Public Facilities Project), 6.25% Due 6/1/23. (FGIC Insured.) 2004 at 102
----------------------------------------------------------------------------------------------------------------
$ 3,500,000 TOTAL 7 BONDS
</TABLE>
- --------------------------------------------------------------------------------
HOW TO DETERMINE YOUR INCOME AND YIELD
HOW TO CALCULATE YOUR RETURN
<TABLE>
<S> <C>
The estimated current return is the net income the sales charge, and returns are as of 06/18/96.
divided by the offering price. Estimated long-term As of this date, Units are offered at the public
return is a measure of the return to the investor offering price plus accrued interest to the
expected to be earned over the estimated life of settlement date of $.07. Returns and prices will
the Unit Trust. The public offering prices, which fluctuate.
include
</TABLE>
<TABLE>
<CAPTION>
Public Estimated Return (CURRENT/Long Term)
Breakpoints Offering Sales -------------------------------------------------
Units / Dollars Price Charge Monthly Plan Quarterly Plan Semi-Annual Plan
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
50 / $5,000 $ 98.74 4.90 % 5.33% 5.42% 5.36% 5.46% 5.38% 5.48 %
500 / $50,000 98.58 4.75 5.34 5.42 5.37 5.46 5.39 5.48
1,000 / $100,000 98.32 4.50 5.35 5.45 5.39 5.49 5.41 5.51
2,500 / $250,000 98.07 4.25 5.37 5.46 5.40 5.50 5.42 5.52
5,000 / $500,000 97.31 3.50 5.41 5.53 5.44 5.57 5.46 5.59
10,000 / $1,000,000 96.80 3.00 5.44 5.57 5.47 5.61 5.49 5.63
25,000 / $2,500,000 96.31 2.50 5.47 5.61 5.50 5.65 5.52 5.67
50,000 / $5,000,000 95.82 2.00 5.49 5.65 5.53 5.69 5.55 5.71
</TABLE>
HOW TO DETERMINE YOUR
TAXABLE EQUIVALENT YIELD
The table shows the approximate yield an investor must get from a taxable
investment to match the estimated current return from this Unit Trust.
<TABLE>
<CAPTION>
Taxable Equivalent Yield (by tax
UNIT TRUST bracket)
RETURN 33.0% 36.5% 41.0% 44.5%
<C> <S> <C> <C> <C> <C>
5.33 % 7.96% 8.39% 9.03% 9.60 %
5.34 7.97 8.41 9.05 9.62
5.35 7.99 8.43 9.07 9.64
5.37 8.01 8.46 9.10 9.68
5.41 8.07 8.52 9.17 9.75
5.44 8.12 8.57 9.22 9.80
5.47 8.16 8.61 9.27 9.86
5.49 8.19 8.65 9.31 9.89
</TABLE>
JOHN NUVEEN & CO. INCORPORATED
333 WEST WACKER DRIVE, CHICAGO, IL 60606
HOW TO CALCULATE YOUR INCOME
The table shows expected interest payments for monthly, quarterly and
semi-annual plans. Payments will remain relatively constant as long as the Unit
Trust's size, composition and expenses remain the same. The first record date is
08/01/96.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial partial
payment (all
plans) 8/15/96 $ .6140
Monthly plan 9/15/96 .4386 $ 5.2637
Quarterly plan 11/15/96 1.3239
2/15/97 1.3239 5.2957
Semi-annual plan 11/15/96 1.3284
5/15/97 2.6568 5.3147
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 98.81 = 101.204
investment offering price # of units
(as of and accrued purchased
06/18/96) interest
101.204 X $5.2637 = $532.71
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
<PAGE>
NUVEEN
NUVEEN CALIFORNIA
INSURED UNIT TRUST 267 871
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
RATED: "AAA" NUVEEN TAX-FREE UNIT TRUSTS:
ESTIMATED CURRENT RETURN: For the tax-sensitive, conservative investor.
5.44 - 5.66% - Double Tax-Free
ESTIMATED LONG-TERM RETURN: - Dependable Income
5.49 - 5.77% - Diversified Portfolios
DATE OF DEPOSIT: June 19, 1996 - Top-Rated Municipal Bonds
</TABLE>
UNITS OF THE TRUST ARE NOT DEPOSITS OR OBLIGATIONS OF, OR GUARANTEED OR ENDORSED
BY, ANY BANK AND ARE NOT FEDERALLY INSURED OR OTHERWISE PROTECTED BY THE FDIC OR
ANY OTHER FEDERAL AGENCY AND INVOLVE INVESTMENT RISK, INCLUDING THE POSSIBLE
LOSS OF PRINCIPAL.
- --------------------------------------------------------------------------------
QUICK FACTS ABOUT THIS UNIT TRUST
<TABLE>
<S> <C>
Tax Status Income is exempt from federal and state income
taxes. Capital gains are taxable.
Total Principal $3,500,000 in 35,000 units
Average Life 26.3 years
Call Protection Earliest ordinary optional call is 2005
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $101.53 to $98.53 depending on the purchase amount
Cusip 67064W 705 monthly payment plan
Numbers 67064W 713 quarterly payment plan
67064W 721 semi-annual payment plan
Insurance Individual bonds (not units) are fully insured by
MBIA Insurance Corporation, which guarantees
timely payment of interest and principal.
Registration Registered in California
</TABLE>
<TABLE>
<S> <C>
Payment Investors may choose to receive monthly, quarterly
Plans or semi-annual interest payments.
Bond Calls Most municipal bonds are subject to optional bond
calls. Bonds are usually called at a premium price
and generally not below par value.
Sales Charge The sales charge is a one-time expense included in
the Public Offering Price.
Letter Investors may use a Letter of Intent to get
of Intent reduced sales charges on purchases made over a
(LOI) 13-month period (and to take advantage of dollar
cost averaging). Minimum LOI investment $50,000.
Redemptions Units can be redeemed on any business day at no
charge. Units are redeemed at their current market
value.
Reinvestment Interest income and returned principal can be
reinvested with no sales charge into Nuveen tax-
free mutual or money market funds. For more
information obtain a prospectus.
</TABLE>
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
MATURITY DATES (Description of Chart)
2014-17 14.3%
2018-21 28.6%
2022-25 14.3%
2026+ 42.8%
The earliest ordinary optional call date is 2005
YIELD COMPARISON AS OF 06/18/96*
(Description of Yield Comparison Chart)
Nuveen UIT
Pre-Tax 9.38%
Tax Equivalent Yield 5.44%
Treasury Bonds
Pre-Tax 7.83%
Tax Equivalent Yield 7.10%
Corporate Bonds
Yield 7.94%
</TABLE>
<PAGE>
*COMPARES TRUST WITH 30-YEAR TREASURY BONDS AND LEHMAN BROTHERS INVESTMENT
GRADE LONG CORPORATE BOND INDEX. ASSUMES 42.0% FEDERAL AND STATE INCOME TAX
RATE AND A 9.30% STATE INCOME TAX RATE. TREASURY BONDS ARE SUBJECT TO FEDERAL
BUT NOT STATE INCOME TAXES; CORPORATE BONDS ARE GENERALLY SUBJECT TO BOTH.
TREASURY BONDS, UNLIKE MUNICIPAL BONDS, ARE GUARANTEED BY THE U.S. GOVERNMENT.
THE LEHMAN BROTHERS INVESTMENT GRADE LONG CORPORATE BOND INDEX IS CALCULATED
AS OF 5/31/96.
CALL 1.800.257.8787 FOR A PROSPECTUS CONTAINING MORE COMPLETE INFORMATION
INCLUDING CHARGES AND EXPENSES.
READ THE PROSPECTUS CAREFULLY BEFORE INVESTING.
<PAGE>
- --------------------------------------------------------------------------------
BONDS THIS CALIFORNIA INSURED UNIT TRUST CONTAINS
<TABLE>
<CAPTION>
RATINGS
PRINCIPAL EARLIEST CALL ----------
AMOUNT BOND ISSUE DATE AND PRICE S&P MOODY'S
<C> <S> <C> <C><C>
----------------------------------------------------------------------------------------------------------------
$ 500,000 State of California, Various Purpose General Obligation Bonds, 5.90% Due 2005 at 101 AAA Aaa
3/1/25.
500,000 California Health Facilities Financing Authority, Insured Health Facility 2005 at 102 AAA Aaa
Refunding Revenue Bonds (Catholic Healthcare West), 1995 Series A, 5.75%
Due 7/1/15. (Original issue discount bonds delivered on or about May 25,
1995 at a price of 94.752% of principal amount.)
500,000 California State University, Sacramento Student Union Refunding Revenue 2005 at 102 AAA Aaa
Bonds, Series C, 6.00% Due 3/1/26.
500,000 Los Angeles County Metropolitan Transportation Authority (California), 2006 at 101 AAA Aaa
Sales Tax Revenue Refunding Bonds, Proposition A-2nd Tier, Series 1996,
6.00% Due 7/1/26. (When issued.)
500,000 County of Orange, California, 1996 Recovery Certificates of Participation, 2006 at 102 AAA Aaa
Series A, 6.00% Due 7/1/26.
500,000 Saddleback Community College District (Orange County, California), 2006 at 102 AAA Aaa
Certificates of Participation (1996 Capital Improvement Financing Project),
5.50% Due 6/1/21. (Original issue discount bonds delivered on or about June
4, 1996 at a price of 94.555% of principal amount.)
500,000 County of Stanislaus (California), Refunding Certificates of Participation 2006 at 102 AAA Aaa
(Capital Improvement Program), Series A of 1996, 5.25% Due 5/1/18.
----------------------------------------------------------------------------------------------------------------
$ 3,500,000 TOTAL 7 BONDS
</TABLE>
- --------------------------------------------------------------------------------
HOW TO DETERMINE YOUR INCOME AND YIELD
HOW TO CALCULATE YOUR RETURN
<TABLE>
<S> <C>
The estimated current return is the net income the sales charge, and returns are as of 06/18/96.
divided by the offering price. Estimated long-term As of this date, Units are offered at the public
return is a measure of the return to the investor offering price plus accrued interest to the
expected to be earned over the estimated life of settlement date of $.08. Returns and prices will
the Unit Trust. The public offering prices, which fluctuate.
include
</TABLE>
<TABLE>
<CAPTION>
Public Estimated Return (CURRENT/Long Term)
Breakpoints Offering Sales -------------------------------------------------
Units / Dollars Price Charge Monthly Plan Quarterly Plan Semi-Annual Plan
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
50 / $5,000 $ 101.53 4.90 % 5.44% 5.49% 5.47% 5.53% 5.49% 5.54 %
500 / $50,000 101.38 4.75 5.45 5.49 5.48 5.53 5.50 5.55
1,000 / $100,000 101.11 4.50 5.46 5.52 5.49 5.56 5.51 5.58
2,500 / $250,000 100.85 4.25 5.48 5.53 5.51 5.57 5.53 5.59
5,000 / $500,000 100.06 3.50 5.52 5.59 5.55 5.63 5.57 5.65
10,000 / $1,000,000 99.55 3.00 5.55 5.63 5.58 5.67 5.60 5.69
25,000 / $2,500,000 99.04 2.50 5.58 5.67 5.61 5.71 5.63 5.73
50,000 / $5,000,000 98.53 2.00 5.60 5.71 5.64 5.75 5.66 5.77
</TABLE>
HOW TO DETERMINE YOUR
TAXABLE EQUIVALENT YIELD
The table shows the approximate yield an investor must get from a taxable
investment to match the estimated current return from this Unit Trust.
<TABLE>
<CAPTION>
Taxable Equivalent Yield (by tax
UNIT TRUST bracket)
RETURN 34.5% 37.5% 42.0% 45.0%
<C> <S> <C> <C> <C> <C>
5.44 % 8.31% 8.70% 9.38% 9.89 %
5.45 8.32 8.72 9.40 9.91
5.46 8.34 8.74 9.41 9.93
5.48 8.37 8.77 9.45 9.96
5.52 8.43 8.83 9.52 10.04
5.55 8.47 8.88 9.57 10.09
5.58 8.52 8.93 9.62 10.15
5.60 8.55 8.96 9.66 10.18
</TABLE>
JOHN NUVEEN & CO. INCORPORATED
333 WEST WACKER DRIVE, CHICAGO, IL 60606
HOW TO CALCULATE YOUR INCOME
The table shows expected interest payments for monthly, quarterly and
semi-annual plans. Payments will remain relatively constant as long as the Unit
Trust's size, composition and expenses remain the same. The first record date is
08/01/96.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial partial
payment (all
plans) 8/15/96 $ .6438
Monthly plan 9/15/96 .4599 $ 5.5218
Quarterly plan 11/15/96 1.3878
2/15/97 1.3878 5.5538
Semi-annual plan 11/15/96 1.3932
5/15/97 2.7864 5.5728
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 101.61 = 98.415
investment offering price # of units
(as of and accrued purchased
06/18/96) interest
98.415 X $5.5218 = $543.43
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
<PAGE>
NUVEEN
NUVEEN NEW YORK
INSURED UNIT TRUST 252 871
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
RATED: "AAA" NUVEEN TAX-FREE UNIT TRUSTS:
ESTIMATED CURRENT RETURN: For the tax-sensitive, conservative investor.
5.46 - 5.68% - Double Tax-Free
ESTIMATED LONG-TERM RETURN: - Dependable Income
5.49 - 5.76% - Diversified Portfolios
DATE OF DEPOSIT: June 19, 1996 - Top-Rated Municipal Bonds
</TABLE>
UNITS OF THE TRUST ARE NOT DEPOSITS OR OBLIGATIONS OF, OR GUARANTEED OR ENDORSED
BY, ANY BANK AND ARE NOT FEDERALLY INSURED OR OTHERWISE PROTECTED BY THE FDIC OR
ANY OTHER FEDERAL AGENCY AND INVOLVE INVESTMENT RISK, INCLUDING THE POSSIBLE
LOSS OF PRINCIPAL.
- --------------------------------------------------------------------------------
QUICK FACTS ABOUT THIS UNIT TRUST
<TABLE>
<S> <C>
Tax Status Income is exempt from federal and state income
taxes. Capital gains are taxable.
Total Principal $3,500,000 in 35,000 units
Average Life 28.0 years
Call Protection Earliest ordinary optional call is 2004
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $102.24 to $99.21 depending on the purchase amount
Cusip 67101K 854 monthly payment plan
Numbers 67101K 862 quarterly payment plan
67101K 870 semi-annual payment plan
Insurance Individual bonds (not units) are fully insured by
MBIA Insurance Corporation, which guarantees
timely payment of interest and principal.
Registration Registered in New York
</TABLE>
<TABLE>
<S> <C>
Payment Investors may choose to receive monthly, quarterly
Plans or semi-annual interest payments.
Bond Calls Most municipal bonds are subject to optional bond
calls. Bonds are usually called at a premium price
and generally not below par value.
Sales Charge The sales charge is a one-time expense included in
the Public Offering Price.
Letter Investors may use a Letter of Intent to get
of Intent reduced sales charges on purchases made over a
(LOI) 13-month period (and to take advantage of dollar
cost averaging). Minimum LOI investment $50,000.
Redemptions Units can be redeemed on any business day at no
charge. Units are redeemed at their current market
value.
Reinvestment Interest income and returned principal can be
reinvested with no sales charge into Nuveen tax-
free mutual or money market funds. For more
information obtain a prospectus.
</TABLE>
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
MATURITY DATES (Description of Chart)
2019-21 14.3%
2022-24 28.6%
2025+ 57.1%
The earliest ordinary optional call date is 2004
YIELD COMPARISON AS OF 06/18/96*
(Description of Yield Comparison Chart)
Nuveen UIT
Pre-Tax 9.18%
Tax Equivalent Yield 5.46%
Treasury Bonds
Pre-Tax 7.64%
Tax Equivalent Yield 7.10%
Corporate Bonds
Yield 7.94%
</TABLE>
<PAGE>
*COMPARES TRUST WITH 30-YEAR TREASURY BONDS AND LEHMAN BROTHERS INVESTMENT
GRADE LONG CORPORATE BOND INDEX. ASSUMES 40.5% FEDERAL AND STATE INCOME TAX
RATE AND A 7.125% STATE INCOME TAX RATE. TREASURY BONDS ARE SUBJECT TO FEDERAL
BUT NOT STATE INCOME TAXES; CORPORATE BONDS ARE GENERALLY SUBJECT TO BOTH.
TREASURY BONDS, UNLIKE MUNICIPAL BONDS, ARE GUARANTEED BY THE U.S. GOVERNMENT.
THE LEHMAN BROTHERS INVESTMENT GRADE LONG CORPORATE BOND INDEX IS CALCULATED
AS OF 5/31/96.
CALL 1.800.257.8787 FOR A PROSPECTUS CONTAINING MORE COMPLETE INFORMATION
INCLUDING CHARGES AND EXPENSES.
READ THE PROSPECTUS CAREFULLY BEFORE INVESTING.
<PAGE>
- --------------------------------------------------------------------------------
BONDS THIS NEW YORK INSURED UNIT TRUST CONTAINS
<TABLE>
<CAPTION>
RATINGS
PRINCIPAL EARLIEST CALL ----------
AMOUNT BOND ISSUE DATE AND PRICE S&P MOODY'S
<C> <S> <C> <C><C>
----------------------------------------------------------------------------------------------------------------
$ 500,000 The Port Authority of New York and New Jersey Consolidated Bonds, One 2006 at 101 AAA Aaa
Hundred Fourth Series, 4.75% Due 1/15/26. (Original issue discount bonds
delivered on or about February 14, 1996 at a price of 91.788% of principal
amount.)
500,000 New York State Energy Research and Development Authority, Facilities 2005 at 102 AAA Aaa
Refunding Revenue Bonds, Series 1995 A (Consolidated Edison Company of New
York, Inc. Project), 6.10% Due 8/15/20.
500,000 New York Local Government Assistance Corporation (New York), Series 1995A 2005 at 102 AAA Aaa
Bonds, 6.00% Due 4/1/24.
500,000 New York State Medical Care Facilities Finance Agency, Mental Health 2005 at 102 AAA Aaa
Services Facilities Improvement Revenue Bonds, 1995 Series A, 6.00% Due
2/15/25. (General Obligation Bonds.)
500,000 The City of New York, New York, General Obligation Bonds, Fiscal 1996 2005 at 101 AAA Aaa
Series D, 6.00% Due 2/15/25.
500,000 Metropolitan Transportation Authority (New York), Transit Facilities 2004 at 101 AAA Aaa
Revenue Bonds, Series O, 6.00% Due 7/1/24. (Original issue discount bonds 1/2
delivered on or about July 12, 1994 at a price of 94.875% of principal
amount.)
500,000 New York City, New York, Municipal Water Finance Authority, Water and Sewer 2005 at 101 AAA Aaa
System Revenue Bonds, Fiscal 1996 Series A, 6.00% Due 6/15/25.
----------------------------------------------------------------------------------------------------------------
$ 3,500,000 TOTAL 7 BONDS
</TABLE>
- --------------------------------------------------------------------------------
HOW TO DETERMINE YOUR INCOME AND YIELD
HOW TO CALCULATE YOUR RETURN
<TABLE>
<S> <C>
The estimated current return is the net income the sales charge, and returns are as of 06/18/96.
divided by the offering price. Estimated long-term As of this date, Units are offered at the public
return is a measure of the return to the investor offering price plus accrued interest to the
expected to be earned over the estimated life of settlement date of $.08. Returns and prices will
the Unit Trust. The public offering prices, which fluctuate.
include
</TABLE>
<TABLE>
<CAPTION>
Public Estimated Return (CURRENT/Long Term)
Breakpoints Offering Sales -------------------------------------------------
Units / Dollars Price Charge Monthly Plan Quarterly Plan Semi-Annual Plan
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
50 / $5,000 $ 102.24 4.90 % 5.46% 5.49% 5.49% 5.52% 5.51% 5.54 %
500 / $50,000 102.08 4.75 5.47 5.50 5.50 5.53 5.52 5.55
1,000 / $100,000 101.81 4.50 5.48 5.52 5.51 5.55 5.53 5.57
2,500 / $250,000 101.55 4.25 5.50 5.54 5.53 5.57 5.55 5.59
5,000 / $500,000 100.76 3.50 5.54 5.60 5.57 5.63 5.59 5.65
10,000 / $1,000,000 100.24 3.00 5.57 5.64 5.60 5.67 5.62 5.69
25,000 / $2,500,000 99.72 2.50 5.60 5.67 5.63 5.71 5.65 5.72
50,000 / $5,000,000 99.21 2.00 5.63 5.71 5.66 5.74 5.68 5.76
</TABLE>
HOW TO DETERMINE YOUR
TAXABLE EQUIVALENT YIELD
The table shows the approximate yield an investor must get from a taxable
investment to match the estimated current return from this Unit Trust.
<TABLE>
<CAPTION>
Taxable Equivalent Yield (by tax
UNIT TRUST bracket)
RETURN 33.0% 36.0% 40.5% 44.0%
<C> <S> <C> <C> <C> <C>
5.46 % 8.15% 8.53% 9.18% 9.75 %
5.47 8.16 8.55 9.19 9.77
5.48 8.18 8.56 9.21 9.79
5.50 8.21 8.59 9.24 9.82
5.54 8.27 8.66 9.31 9.89
5.57 8.31 8.70 9.36 9.95
5.60 8.36 8.75 9.41 10.00
5.63 8.40 8.80 9.46 10.05
</TABLE>
JOHN NUVEEN & CO. INCORPORATED
333 WEST WACKER DRIVE, CHICAGO, IL 60606
HOW TO CALCULATE YOUR INCOME
The table shows expected interest payments for monthly, quarterly and
semi-annual plans. Payments will remain relatively constant as long as the Unit
Trust's size, composition and expenses remain the same. The first record date is
08/01/96.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial partial
payment (all
plans) 8/15/96 $ .6510
Monthly plan 9/15/96 .4650 $ 5.5827
Quarterly plan 11/15/96 1.4031
2/15/97 1.4031 5.6147
Semi-annual plan 11/15/96 1.4076
5/15/97 2.8152 5.6337
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 102.32 = 97.732
investment offering price # of units
(as of and accrued purchased
06/18/96) interest
97.732 X $5.5827 = $545.61
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
