Rule 24f-2 Notice
TRUST FOR U.S. TREASURY OBLIGATIONS
(Fund Name)
Federated Investors Tower
Pittsburgh, Pennsylvania 15222-3779
1933 Act No. 2-65505
(i) fiscal period for which notice is filed September 30, 1994
(ii) The number or amount of securities of the
same class or series, if any, which had
been registered under the Securities Act
of 1933, other than pursuant to Rule 24f-2
but which remained unsold at October 1, 1993,
the beginning of the Registrant's fiscal
period -0-
(iii) The number or amount of securities, if
any, registered during the fiscal period
of this notice other than pursuant to
Rule 24f-2 1,395,504,123 1,395,504,123
(iv) The number or amount of securities
sold during the fiscal period of this
notice 19,677,804,709
(v) The number or amount of securities sold
during the fiscal period of this notice
in reliance upon registration pursuant
to Rule 24f-2 (see attached Computation
of Fee) 18,282,300,586
WITNESS the due execution hereof this 15th day of November, 1994,
By: /s/Robert C. Rosselot
Robert C. Rosselot
Assistant Secretary
COMPUTATION OF FEE
1. Actual aggregate sale price of Registrant's
securities sold pursuant to Rule 24f-2 during
the fiscal period for which the 24f-2 notice
is filed (see Section v)................................... $18,282,300,586
2. Reduced by the difference between:
(a) actual aggregate redemption price
of such securities redeemed by the
issuer during the fiscal period for
which the 24f-2 notice is filed........ $19,732,124,005
(b) actual aggregate redemption price
of such redeemed securities
previously applied by the issuer
pursuant to Section 24e(2)(a) for
the fiscal period for which the
24f-2 notice is filed.................. -0- 19,732,124,005
Total amount upon which the fee calculation specified
in Section 6(b) of the Securities Act of 1933 is
based......................................................... $(1,449,823,419)
FEE SUBMITTED (1/29 of 1% of Total amount)............... $ -0-
CONVERSION OF NET REDEMPTIONS ON
RULE 24f-2 NOTICE TO FILING
UNDER RULE 24e-2
When a negative amount appears on the line captioned "Total amount upon which
the fee calculated specified in Section 6(b) of the Securities Act of 1933 is
based", the following calculation should be made to determine the share
information needed to file under Rule 24e-2:
Total redemptions (per annual report) 19,732,124,005
Less: Line (v) - Rule 24f-2 Notice 18,282,300,586
Shares available to register under
Rule 24e-2 1,449,823,419 (a)
Fund's Current Net Asset Value $ 1.00 (b)
Multiply: Shares available to register
under Rule 24e-2 by the fund's current
net asset value (a x b) to obtain Proposed
Maximum Aggregate Offering Price $ 1,449,823,419
HOUSTON, HOUSTON & DONNELLY
ATTORNEYS AT LAW
2510 CENTRE CITY TOWER
WILLIAM McC. HOUSTONPITTSBURGH, PA. 15222
FRED CHALMERS HOUSTON, JR.__________
THOMAS J. DONNELLY
JOHN F. MECK (412) 471-5828 FRED CHALMERS HOUSTON
FAX (412) 471-0736 (1914 - 1971)
MARIO SANTILLI, JR.
THEODORE M. HAMMER
November 15, 1994
Trust for U.S. Treasury Obligations
Federated Investors Tower
Pittsburgh, PA 15222-3779
Gentlemen:
You have requested our opinion in connection with the
registration by Trust for U.S. Treasury Obligations ("Trust") of
an additional 1,449,823,419 Shares of Beneficial Interest
("Shares") pursuant to Post-effective Amendment No. 26 to the
Trust's registration statement filed with the Securities and
Exchange Commission under the Securities Act of 1933 (File No. 2-
65505). The subject Post-effective Amendment will be filed
pursuant to Paragraph (b) of Rule 485 and become effective
pursuant to said Rule immediately upon filing.
As counsel we have participated in the organization of the
Trust and its registration under the Investment Company Act. We
have also participated in the preparation and filing of the
Trust's amended registration statement under the Securities Act
of 1933 referred to above. We have examined and are familiar
with the provisions of the written Declaration of Trust dated
July 24, 1979, ("Declaration of Trust"), the Bylaws of the Trust
and such other documents and records deemed relevant. We have
also reviewed questions of law and consulted with counsel thereon
as deemed necessary or appropriate by us for the purposes of this
opinion.
On the basis of the foregoing, it is our opinion that:
1. The Trust is duly organized and validly existing
pursuant to the Declaration of Trust.
2. The Shares which are currently being registered by the
Registration Statement referred to above may be legally and
validly issued from time to time in accordance with the
Declaration of Trust upon receipt of consideration sufficient to
comply with the provisions of Article III, Section 3, of the
Declaration of Trust and subject to compliance with the
Securities Act of 1933, as amended, the Investment Company Act
of 1940, as amended, and applicable state laws regulating the
sale of securities. Such Shares, when so issued, will be fully
paid and non-assessable.
3. Post-effective Amendment No. 26 does not contain
disclosures which would render it ineligible to become effective
pursuant to Paragraph (b) of Rule 485.
We hereby consent to the filing of this opinion as a part of
the Trust's registration statement filed with the Securities and
Exchange Commission under the Securities Act of 1933 and as a
part of any application or registration statement filed under the
securities laws of the States of the United States. We further
consent to the reference to this opinion and the reference to us
as counsel to the Trust in the prospectus, registration
statements and applications.
Very truly yours,
Houston, Houston & Donnelly
By: /s/Thomas J. Donnelly
TJD:heh
