497(d)
FT246
REGIONAL BANK & THRIFT GROWTH TRUST SERIES
Supplement to the Prospectus dated March 18, 1998
Notwithstanding anything to the contrary in the Prospectus, Unit holders
of FT 156, Dorsey, Wright Sector Trusts, Healthcare Series 1 may use
their redemption or termination proceeds from such trust to acquire
Units of the Trust contained in FT 246 during the initial offering
period subject only to the remaining deferred sales charges on the Units
acquired. Dealers and other selling agents will receive a concession or
agency commission on such sales equal to $.22 per Unit on Units sold
subject to a deferred sales charge of $.35 per Unit or 63% of the then
current maximum remaining deferred sales charge on Units sold subject to
a deferred sales charge of less than $.35 per Unit.
October 1, 1998
