FIDELITY BEACON STREET TRUST
NSAR-B, 1995-12-22
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<PAGE>      PAGE  1
000 B000000 10/31/95
000 C000000 0000311884
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 FIDELITY BEACON STREET TRUST
001 B000000 811-4508
001 C000000 2145064082
002 A000000 1201 N. MARKET ST. P.O. BOX 1347
002 B000000 WILMINGTON
002 C000000 DE
002 D010000 19899
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  2
007 C010100  1
007 C020100 FIDELITY TAX-EXEMPT MONEY MARKET TRUST
007 C030100 N
007 C010200  2
007 C020200 SPARTAN NEW JERSEY MUNICIPAL MONEY MARKET
007 C030200 N
007 C010300  3
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
008 A00AA01 FIDELITY MANAGEMENT & RESEARCH CO.
008 B00AA01 A
008 C00AA01 801-7884
008 D01AA01 BOSTON
008 D02AA01 MA
008 D03AA01 02109
008 A00AA02 FMR TEXAS INC.
008 B00AA02 S
008 C00AA02 801-3720
008 D01AA02 IRVING
008 D02AA02 TX
008 D03AA02 75039
011 A00AA01 FIDELITY DISTRIBUTORS CORPORATION
011 B00AA01 8-8775
011 C01AA01 BOSTON
<PAGE>      PAGE  2
011 C02AA01 MA
011 C03AA01 02109
012 A00AA01 UMB BANK, N.A.
012 B00AA01 84-00000
012 C01AA01 KANSAS CITY
012 C02AA01 MO
012 C03AA01 64106
012 A00AA02 FIDELITY SERVICE CO.
012 B00AA02 84-00216
012 C01AA02 BOSTON
012 C02AA02 MA
012 C03AA02 02109
013 A00AA01 PRICE WATERHOUSE LLP
013 B01AA01 DALLAS
013 B02AA01 TX
013 B03AA01 75201
014 A00AA01 FIDELITY BROKERAGE SERVICES, INC.
014 B00AA01 8-23292
014 A00AA02 FIDELITY DISTRIBUTORS CORPORATION
014 B00AA02 8-8775
015 A00AA01 UMB BANK, N.A.
015 B00AA01 C
015 C01AA01 KANSAS CITY
015 C02AA01 MO
015 C03AA01 64106
015 E01AA01 X
018  00AA00 Y
019 A00AA00 Y
019 B00AA00  222
019 C00AA00 FIDELITYZZ
020 C000001      0
020 C000002      0
020 C000003      0
020 C000004      0
020 C000005      0
020 C000006      0
020 C000007      0
020 C000008      0
020 C000009      0
020 C000010      0
021  000000        0
022 A000001 GOLDMAN, SACHS & CO.
022 B000001 13-5108880
022 C000001   4417332
022 D000001    257090
022 A000002 MERRILL LYNCH PIERCE, FENNER & SMITH
022 B000002 13-2518466
022 C000002   1216101
022 D000002    196845
022 A000003 BT SECURITIES
022 B000003 13-3224016
<PAGE>      PAGE  3
022 C000003    564654
022 D000003    551540
022 A000004 LEHMAN BROTHERS INC.
022 B000004 13-5674085
022 C000004    638047
022 D000004    203126
022 A000005 SMITH BARNEY SHEARSON INC.
022 B000005 13-1912900
022 C000005    464810
022 D000005    302147
022 A000006 JOHN NUVEEN & CO., INC.
022 B000006 36-2639476
022 C000006    341145
022 D000006    362285
022 A000007 FIDELITY INSTITUTIONAL TAX-EXEMPT CASH PORT.
022 B000007 04-6532060
022 C000007    378690
022 D000007    288585
022 A000008 MORGAN (J.P.) SECURITIES INC.
022 B000008 13-3379014
022 C000008    443431
022 D000008    119265
022 A000009 FIRST BOSTON CORP.
022 B000009 13-5659485
022 C000009    456346
022 D000009     81704
022 A000010 PAINE WEBBER INC.
022 B000010 13-2638166
022 C000010    247057
022 D000010    246100
023 C000000   11639977
023 D000000    4151561
024  00AA00 N
025 D00AA01       0
025 D00AA02       0
025 D00AA03       0
025 D00AA04       0
025 D00AA05       0
025 D00AA06       0
025 D00AA07       0
025 D00AA08       0
026 A000000 Y
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 Y
026 G010000 Y
026 G020000 N
026 H000000 Y
027  000000 Y
<PAGE>      PAGE  4
029  00AA00 N
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030 B00AA00  0.00
030 C00AA00  0.00
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031 B00AA00      0
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033  00AA00      0
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038  00AA00      0
039  00AA00 N
040  00AA00 Y
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042 E00AA00   0
042 F00AA00   0
042 G00AA00   0
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044  00AA00      0
055 A00AA00 N
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057  00AA00 N
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067  00AA00 N
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068 B00AA00 N
069  00AA00 N
077 A000000 Y
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077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 M000000 N
077 N000000 N
077 P000000 N
077 Q010000 N
077 Q020000 N
077 Q030000 N
<PAGE>      PAGE  5
078  000000 N
080 A00AA00 FEDERAL INSURANCE COMPANY
080 B00AA00 NATIONAL UNION INSURANCE
080 C00AA00      220
081 A00AA00 Y
081 B00AA00 220
082 A00AA00 Y
082 B00AA00      400
083 A00AA00 N
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084 A00AA00 N
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085 B00AA00 N
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<PAGE>      PAGE  6
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054 B000100 Y
054 C000100 N
054 D000100 N
054 E000100 N
054 F000100 N
054 G000100 Y
054 H000100 Y
054 I000100 N
054 J000100 Y
054 K000100 N
054 L000100 N
054 M000100 Y
054 N000100 N
054 O000100 Y
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059  000100 Y
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<PAGE>      PAGE  7
062 I000100   0.0
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062 L000100   0.0
062 M000100   0.0
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062 Q000100   0.0
062 R000100   0.0
063 A000100  64
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064 A000100 Y
064 B000100 N
070 A010100 Y
070 A020100 N
070 B010100 N
070 B020100 N
070 C010100 N
070 C020100 N
070 D010100 N
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 N
070 F020100 N
070 G010100 N
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 Y
070 K010100 Y
070 K020100 N
070 L010100 N
070 L020100 N
070 M010100 N
070 M020100 N
070 N010100 Y
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 Y
070 P020100 Y
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100         0
<PAGE>      PAGE  8
071 B000100         0
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072DD020100        0
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073 A010100   0.0343
073 A020100   0.0000
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074 D000100        0
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<PAGE>      PAGE  9
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074 X000100   121659
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075 A000100  3626590
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076  000100     0.00
028 A010200     44643
028 A020200      1481
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028 B010200     43746
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028 B040200     36325
028 C010200     41047
028 C020200      1304
028 C030200         0
028 C040200     34416
028 D010200     35875
028 D020200      1362
028 D030200         0
028 D040200     33698
028 E010200     26779
028 E020200      1318
028 E030200         0
028 E040200     33305
028 F010200     28847
028 F020200      1355
028 F030200         0
028 F040200     28707
028 G010200    220937
028 G020200      8126
028 G030200         0
028 G040200    195043
028 H000200         0
<PAGE>      PAGE  10
045  000200 Y
046  000200 N
047  000200 Y
048  000200  0.500
048 A010200        0
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048 B010200        0
048 B020200 0.000
048 C010200        0
048 C020200 0.000
048 D010200        0
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048 E010200        0
048 E020200 0.000
048 F010200        0
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048 G010200        0
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048 I010200        0
048 I020200 0.000
048 J010200        0
048 J020200 0.000
048 K010200        0
048 K020200 0.000
049  000200 N
050  000200 N
051  000200 N
052  000200 N
053 A000200 Y
053 B000200 Y
053 C000200 N
054 A000200 Y
054 B000200 Y
054 C000200 Y
054 D000200 Y
054 E000200 Y
054 F000200 Y
054 G000200 Y
054 H000200 Y
054 I000200 N
054 J000200 Y
054 K000200 Y
054 L000200 Y
054 M000200 Y
054 N000200 Y
054 O000200 Y
058 A000200 N
059  000200 Y
060 A000200 N
<PAGE>      PAGE  11
060 B000200 N
061  000200    25000
062 A000200 Y
062 B000200   0.0
062 C000200   0.0
062 D000200   0.0
062 E000200 100.0
062 F000200   0.0
062 G000200   0.0
062 H000200   0.0
062 I000200   0.0
062 J000200   0.0
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062 L000200   0.0
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062 Q000200   0.0
062 R000200   0.0
063 A000200  72
063 B000200  0.0
064 A000200 Y
064 B000200 N
070 A010200 Y
070 A020200 N
070 B010200 N
070 B020200 N
070 C010200 N
070 C020200 N
070 D010200 N
070 D020200 N
070 E010200 N
070 E020200 N
070 F010200 N
070 F020200 N
070 G010200 N
070 G020200 N
070 H010200 N
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 N
070 K010200 Y
070 K020200 N
070 L010200 N
070 L020200 N
070 M010200 N
070 M020200 N
070 N010200 Y
<PAGE>      PAGE  12
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 Y
070 P020200 Y
070 Q010200 Y
070 Q020200 N
070 R010200 Y
070 R020200 N
071 A000200         0
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071 C000200         0
071 D000200    0
072 A000200 12
072 B000200    17298
072 C000200        0
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072 Y000200      856
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<PAGE>      PAGE  13
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SIGNATURE   JOHN H. COSTELLO                             
TITLE       ASSISTANT TREASURER 
 


<TABLE> <S> <C>

<ARTICLE> 6
 

<CIK>     0000311884


<NAME>      Fidelity Beacon Street Trust


<SERIES>

        <NUMBER>        11


        <NAME>      Fidelity Tax-Exempt Money Market Trust


<MULTIPLIER>    1,000


       

<S>

<C>

<PERIOD-TYPE>

Year


<FISCAL-YEAR-END>

Oct-31-1995


<PERIOD-END>

oct-31-1995


<INVESTMENTS-AT-COST>

3,573,427


<INVESTMENTS-AT-VALUE>

3,573,427


<RECEIVABLES>

34,469


<ASSETS-OTHER>

15,439


<OTHER-ITEMS-ASSETS>

0


<TOTAL-ASSETS>

3,623,335


<PAYABLE-FOR-SECURITIES>

15,450


<SENIOR-LONG-TERM-DEBT>

0


<OTHER-ITEMS-LIABILITIES>

2,093


<TOTAL-LIABILITIES>

17,543


<SENIOR-EQUITY>

0


<PAID-IN-CAPITAL-COMMON>

3,605,902


<SHARES-COMMON-STOCK>

3,605,902


<SHARES-COMMON-PRIOR>

3,495,103


<ACCUMULATED-NII-CURRENT>

0


<OVERDISTRIBUTION-NII>

0


<ACCUMULATED-NET-GAINS>

(110)


<OVERDISTRIBUTION-GAINS>

0


<ACCUM-APPREC-OR-DEPREC>

0


<NET-ASSETS>

3,605,792


<DIVIDEND-INCOME>

0


<INTEREST-INCOME>

142,418


<OTHER-INCOME>

0


<EXPENSES-NET>

18,112


<NET-INVESTMENT-INCOME>

124,306


<REALIZED-GAINS-CURRENT>

439


<APPREC-INCREASE-CURRENT>

0


<NET-CHANGE-FROM-OPS>

124,745


<EQUALIZATION>

0


<DISTRIBUTIONS-OF-INCOME>

124,306


<DISTRIBUTIONS-OF-GAINS>

0


<DISTRIBUTIONS-OTHER>

0


<NUMBER-OF-SHARES-SOLD>

10,129,110


<NUMBER-OF-SHARES-REDEEMED>

10,136,279


<SHARES-REINVESTED>

117,967


<NET-CHANGE-IN-ASSETS>

111,238


<ACCUMULATED-NII-PRIOR>

0


<ACCUMULATED-GAINS-PRIOR>

(549)


<OVERDISTRIB-NII-PRIOR>

0


<OVERDIST-NET-GAINS-PRIOR>

0


<GROSS-ADVISORY-FEES>

10,988


<INTEREST-EXPENSE>

0


<GROSS-EXPENSE>

18,112


<AVERAGE-NET-ASSETS>

3,626,590


<PER-SHARE-NAV-BEGIN>

1.000


<PER-SHARE-NII>

 .034


<PER-SHARE-GAIN-APPREC>

0


<PER-SHARE-DIVIDEND>

 .034


<PER-SHARE-DISTRIBUTIONS>

0


<RETURNS-OF-CAPITAL>

0


<PER-SHARE-NAV-END>

1.000


<EXPENSE-RATIO>

50


<AVG-DEBT-OUTSTANDING>

0


<AVG-DEBT-PER-SHARE>

0



        



</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
 

<CIK>     0000311884


<NAME>      Fidelity Beacon Street Trust


<SERIES>

        <NUMBER>        21


        <NAME>      Spartan New Jersey Municipal Money Market Portfolio


<MULTIPLIER>    1,000


       

<S>

<C>

<PERIOD-TYPE>

Year


<FISCAL-YEAR-END>

Oct-31-1995


<PERIOD-END>

oct-31-1995


<INVESTMENTS-AT-COST>

463,664


<INVESTMENTS-AT-VALUE>

463,664


<RECEIVABLES>

7,116


<ASSETS-OTHER>

0


<OTHER-ITEMS-ASSETS>

0


<TOTAL-ASSETS>

470,780


<PAYABLE-FOR-SECURITIES>

0


<SENIOR-LONG-TERM-DEBT>

0


<OTHER-ITEMS-LIABILITIES>

946


<TOTAL-LIABILITIES>

946


<SENIOR-EQUITY>

0


<PAID-IN-CAPITAL-COMMON>

469,846


<SHARES-COMMON-STOCK>

469,846


<SHARES-COMMON-PRIOR>

395,928


<ACCUMULATED-NII-CURRENT>

0


<OVERDISTRIBUTION-NII>

0


<ACCUMULATED-NET-GAINS>

(12)


<OVERDISTRIBUTION-GAINS>

0


<ACCUM-APPREC-OR-DEPREC>

0


<NET-ASSETS>

469,834


<DIVIDEND-INCOME>

0


<INTEREST-INCOME>

17,298


<OTHER-INCOME>

0


<EXPENSES-NET>

1,363


<NET-INVESTMENT-INCOME>

15,935


<REALIZED-GAINS-CURRENT>

(15)


<APPREC-INCREASE-CURRENT>

(3)


<NET-CHANGE-FROM-OPS>

15,917


<EQUALIZATION>

0


<DISTRIBUTIONS-OF-INCOME>

15,935


<DISTRIBUTIONS-OF-GAINS>

0


<DISTRIBUTIONS-OTHER>

0


<NUMBER-OF-SHARES-SOLD>

506,342


<NUMBER-OF-SHARES-REDEEMED>

447,918


<SHARES-REINVESTED>

15,495


<NET-CHANGE-IN-ASSETS>

73,899


<ACCUMULATED-NII-PRIOR>

0


<ACCUMULATED-GAINS-PRIOR>

3


<OVERDISTRIB-NII-PRIOR>

0


<OVERDIST-NET-GAINS-PRIOR>

0


<GROSS-ADVISORY-FEES>

2,217


<INTEREST-EXPENSE>

0


<GROSS-EXPENSE>

2,219


<AVERAGE-NET-ASSETS>

443,782


<PER-SHARE-NAV-BEGIN>

1.000


<PER-SHARE-NII>

 .036


<PER-SHARE-GAIN-APPREC>

0


<PER-SHARE-DIVIDEND>

 .036


<PER-SHARE-DISTRIBUTIONS>

0


<RETURNS-OF-CAPITAL>

0


<PER-SHARE-NAV-END>

1.000


<EXPENSE-RATIO>

31


<AVG-DEBT-OUTSTANDING>

0


<AVG-DEBT-PER-SHARE>

0



        



</TABLE>


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