FIDELITY (LOGO) INVESTMENTS(registered trademark) FMR Corp.
82 Devonshire Street
Boston MA 02109-3614
617 563 7000
November 2, 1998
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, D.C. 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
_____________________________________________________________________
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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
