FIDELITY BEACON STREET TRUST
497J, 1998-12-29
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FIDELITY (LOGO) INVESTMENTS(registered trademark)  FMR Corp.              
                                                   82 Devonshire Street   
                                                   Boston MA  02109-3614  
                                                   617 563 7000           
 
                    December 29, 1998  
                                       
                                       
                                       
                                       
 
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, DC  20549
Attention:  File Room                                   
 
                                                        
 
Re:         Fidelity Beacon Street Trust (the trust):   
 
            Fidelity Tax Managed Stock Fund (the fund)  
 
            File Nos. 2-64791 and 811-4508              
 
_____________________________________________________________________
____
Ladies and Gentlemen:
 Transmitted herewith pursuant to Rule 497(j) under the Securities Act
of 1933 is certification that the Prospectus and Statement of
Additional Information with respect to the above referenced fund does
not differ from that filed in the most recent post-effective
amendment, which was filed electronically.
                    Very truly yours,     
 
                                          
 
                                          
 
                                          
 
                       /s/Eric D. Roiter  
                       Eric D. Roiter     
                       Secretary          
 
                                          
 



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