FIDELITY (LOGO) INVESTMENTS(registered trademark) FMR Corp.
82 Devonshire Street
Boston MA 02109-3614
617 563 7000
December 31, 1997
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, DC 20549
Attention: File Room
Re: Newbury Street Trust (the trust):
Prime Fund, Treasury Fund and Tax-Exempt Fund (the funds)
File Nos. 2-78458 and 811-3518
_____________________________________________________________________
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Ladies and Gentlemen:
Transmitted herewith pursuant to Rule 497(j) under the Securities Act
of 1933 is certification that the Prospectuses and Statement of
Additional Information with respect to the above referenced funds do
not differ from those filed in the most recent post-effective
amendment, which was filed electronically.
Very truly yours,
/s/John H. Costello
John H. Costello
Assistant Treasurer