US BANCORP \DE\
13F-NT, 1999-05-10
NATIONAL COMMERCIAL BANKS
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                                    UNITED STATES
                          SECURITIES AND EXCHANGE COMMISSION
                                Washington, D.C. 20549

                                       FORM 13F

             Report for the Calendar Year or Quarter Ended March 31, 1999
                                                           --------------


Check here if Amendment: / /; Amendment Number:
                                               ------
     This Amendment (Check only one.):  / / is a restatement.
                                        / / adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:     U.S. Bank Trust National Association
          ------------------------------------
Address:  180 East Fifth Street, Suite 200
          --------------------------------
          St. Paul, Minnesota 55101
          -------------------------

Form 13F File Number: 28- 551
                          ---

The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.

Person signing this Report on Behalf of Reporting Manager:

Name:   Merita D. Schollmeier
        ---------------------
Title:  Vice President
        --------------
Phone:  651-205-2030
        ------------

Signature, Place, and Date of Signing:

/s/ Merita D. Schollmeier         St. Paul, MN   5/10/99
- --------------------------------  -------------- -------

Report Type (Check only one.):

/ / 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
are reported in this report.)
/X/ 13F NOTICE. (Check here if no holdings reported are in this report, and all
holdings are reported by other reporting manager(s).)
/ / 13F COMBINATION REPORT. (Check here if a portion of the holdings for this
reporting manager are reported in this report and a portion are reported by
other reporting manager(s).)

List of Other Managers Reporting for this Manager:
(If there are no entries in this list, omit this section.)

Form 13F File Number                    Name
28-551                                  U.S. Bancorp


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