<PAGE> PAGE 1
000 A000000 04/30/98
000 C000000 0000704207
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 NEWBURY STREET TRUST
001 B000000 811-3518
001 C000000 6037917486
002 A000000 1201 N. MARKET STREET P.O. BOX 1347
002 B000000 WILMINGTON
002 C000000 DE
002 D010000 19899
002 D020000 1347
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 3
007 C010100 1
007 C020100 TAX-EXEMPT FUND
007 C030100 N
007 C010200 2
007 C020200 TREASURY FUND
007 C030200 N
007 C010300 3
007 C020300 PRIME FUND
007 C030300 N
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A00AA01 FIDELITY MANAGEMENT & RESEARCH COMPANY
008 B00AA01 A
008 C00AA01 801-7884
008 D01AA01 BOSTON
008 D02AA01 MA
008 D03AA01 02109
008 A00AA02 FIDELITY INVESTMENTS MONEY MANAGEMENT, INC.
008 B00AA02 S
008 C00AA02 801-34590
008 D01AA02 MERRIMACK
008 D02AA02 NH
008 D03AA02 03054
<PAGE> PAGE 2
011 A00AA01 FIDELITY DISTRIBUTORS CORP.
011 B00AA01 8-8775
011 C01AA01 BOSTON
011 C02AA01 MA
011 C03AA01 02109
014 A00AA01 FIDELITY BROKERAGE SERVICES
014 B00AA01 8-23292
014 A00AA02 FIDELITY DISTRIBUTORS CORPORATION
014 B00AA02 8-8775
014 A00AA03 NATIONAL FINANCIAL SERVICES CORP.
014 B00AA03 8-26740
014 A00AA04 FIDELITY BROKERAGE SERVICES (JAPAN) LLC
014 B00AA04 8-00000
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 229
019 C00AA00 FIDELITYZZ
020 C000001 0
020 C000002 0
020 C000003 0
020 C000004 0
020 C000005 0
020 C000006 0
020 C000007 0
020 C000008 0
020 C000009 0
020 C000010 0
021 000000 0
022 A000001 GOLDMAN, SACHS & CO., INC.
022 B000001 13-5108880
022 C000001 2825345
022 D000001 96832
022 A000002 DEUTSCH BANK
022 B000002 13-2730828
022 C000002 1718129
022 D000002 14978
022 A000003 CHASE SECURITIES
022 B000003 13-3112953
022 C000003 1342590
022 D000003 30192
022 A000004 MORGAN (J.P.) SECURITIES, INC. - TAX EXEMPT
022 B000004 13-3224016
022 C000004 1233588
022 D000004 120938
022 A000005 SHEARSON LEHMAN COMMERCIAL PAPER
022 B000005 13-2518466
022 C000005 1105703
022 D000005 49998
022 A000006 GENERAL ELECTRIC CREDIT
022 B000006 13-1500700
022 C000006 1080305
<PAGE> PAGE 3
022 D000006 0
022 A000007 BARCLAYS BANK
022 B000007 58-1550508
022 C000007 1001991
022 D000007 24991
022 A000008 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
022 B000008 13-5674085
022 C000008 937205
022 D000008 44217
022 A000009 FIRST CHICAGO CAPITAL MARKETS, INC.
022 B000009 36-3595942
022 C000009 634665
022 D000009 0
022 A000010 ASSOCIATES CORP. NORTH AMERICA
022 B000010 00-0000000
022 C000010 551674
022 D000010 0
023 C000000 164981804
023 D000000 1315665
026 A000000 Y
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 Y
026 G010000 Y
026 G020000 N
026 H000000 Y
027 000000 Y
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 Y
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 N
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 Y
077 A000000 N
078 000000 N
080 A00AA00 AMERICAN SPECIALTY LINES INSURANCE CO.
080 B00AA00 FEDERAL INSURANCE COMPANY
080 C00AA00 220000
081 A00AA00 Y
081 B00AA00 226
<PAGE> PAGE 4
082 A00AA00 N
082 B00AA00 0
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 Y
085 B00AA00 N
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
012 A000101 UMB BANK, N.A.
012 B000101 84-00000
012 C010101 KANSAS CITY
012 C020101 MO
012 C030101 64106
012 C040101 6226
013 A000101 PRICE WATERHOUSE, LLP
013 B010101 BOSTON
013 B020101 MA
013 B030101 02109
015 A000101 UMB BANK, N.A.
015 B000101 C
015 C010101 KANSAS CITY
015 C020101 MO
015 C030101 64106
015 E010101 X
024 000100 N
025 D000101 0
025 D000102 0
025 D000103 0
025 D000104 0
025 D000105 0
025 D000106 0
025 D000107 0
025 D000108 0
028 A010100 192722
028 A020100 1580
028 A030100 0
028 A040100 167588
028 B010100 273141
028 B020100 1651
<PAGE> PAGE 5
028 B030100 0
028 B040100 280936
028 C010100 298202
028 C020100 1491
028 C030100 0
028 C040100 290934
028 D010100 210947
028 D020100 1236
028 D030100 0
028 D040100 215242
028 E010100 238111
028 E020100 1372
028 E030100 0
028 E040100 255703
028 F010100 289790
028 F020100 1540
028 F030100 0
028 F040100 320826
028 G010100 1502913
028 G020100 8869
028 G030100 0
028 G040100 1531229
028 H000100 0
029 000100 N
030 A000100 0
030 B000100 0.00
030 C000100 0.00
034 000100 N
035 000100 0
036 B000100 0
037 000100 N
038 000100 0
039 000100 N
040 000100 Y
041 000100 Y
042 A000100 0
042 B000100 0
042 C000100 100
042 D000100 0
042 E000100 0
042 F000100 0
042 G000100 0
042 H000100 0
043 000100 1057
044 000100 14
045 000100 Y
046 000100 N
047 000100 Y
048 000100 0.250
048 A010100 0
048 A020100 0.000
<PAGE> PAGE 6
048 B010100 0
048 B020100 0.000
048 C010100 0
048 C020100 0.000
048 D010100 0
048 D020100 0.000
048 E010100 0
048 E020100 0.000
048 F010100 0
048 F020100 0.000
048 G010100 0
048 G020100 0.000
048 H010100 0
048 H020100 0.000
048 I010100 0
048 I020100 0.000
048 J010100 0
048 J020100 0.000
048 K010100 0
048 K020100 0.000
049 000100 N
050 000100 N
051 000100 N
052 000100 N
053 A000100 Y
053 B000100 Y
055 A000100 N
055 B000100 N
056 000100 Y
057 000100 N
058 A000100 N
059 000100 Y
060 A000100 Y
060 B000100 Y
061 000100 1000
062 A000100 Y
062 B000100 0.0
062 C000100 0.0
062 D000100 0.0
062 E000100 100.0
062 F000100 0.0
062 G000100 0.0
062 H000100 0.0
062 I000100 0.0
062 J000100 0.0
062 K000100 0.0
062 L000100 0.0
062 M000100 0.0
062 N000100 0.0
062 O000100 0.0
062 P000100 0.0
<PAGE> PAGE 7
062 Q000100 0.0
062 R000100 0.0
063 A000100 25
063 B000100 0.0
064 A000100 Y
064 B000100 N
066 A000100 N
067 000100 N
068 A000100 N
068 B000100 N
069 000100 N
070 A010100 N
070 A020100 N
070 B010100 N
070 B020100 N
070 C010100 N
070 C020100 N
070 D010100 N
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 N
070 F020100 N
070 G010100 N
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 N
070 K010100 Y
070 K020100 N
070 L010100 N
070 L020100 N
070 M010100 N
070 M020100 N
070 N010100 N
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 Y
070 P020100 Y
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100 0
071 B000100 0
071 C000100 0
071 D000100 0
<PAGE> PAGE 8
072 A000100 6
072 B000100 12356
072 C000100 0
072 D000100 0
072 E000100 0
072 F000100 835
072 G000100 0
072 H000100 0
072 I000100 736
072 J000100 22
072 K000100 0
072 L000100 0
072 M000100 7
072 N000100 190
072 O000100 0
072 P000100 0
072 Q000100 64
072 R000100 19
072 S000100 5
072 T000100 1057
072 U000100 0
072 V000100 0
072 W000100 0
072 X000100 2935
072 Y000100 543
072 Z000100 9964
072AA000100 0
072BB000100 0
072CC010100 0
072CC020100 0
072DD010100 7488
072DD020100 2476
072EE000100 0
073 A010100 0.0150
073 A020100 0.0140
073 B000100 0.0000
073 C000100 0.0000
074 A000100 265
074 B000100 0
074 C000100 615346
074 D000100 0
074 E000100 0
074 F000100 0
074 G000100 0
074 H000100 0
074 I000100 0
074 J000100 11963
074 K000100 0
074 L000100 17730
074 M000100 0
074 N000100 645304
<PAGE> PAGE 9
074 O000100 8400
074 P000100 65
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 11051
074 S000100 0
074 T000100 625788
074 U010100 455838
074 U020100 170074
074 V010100 1.00
074 V020100 1.00
074 W000100 0.9998
074 X000100 21166
074 Y000100 0
075 A000100 673878
075 B000100 0
076 000100 0.00
012 A000201 FIDELITY INVEST. INST. OPERATIONS CO., INC.
012 B000201 84-00216
012 C010201 BOSTON
012 C020201 MA
012 C030201 02109
013 A000201 COOPERS & LYBRAND LLP
013 B010201 BOSTON
013 B020201 MA
013 B030201 02109
015 A000201 THE BANK OF NEW YORK
015 B000201 C
015 C010201 NEW YORK
015 C020201 NY
015 C030201 10286
015 E010201 X
024 000200 N
025 D000201 0
025 D000202 0
025 D000203 0
025 D000204 0
025 D000205 0
025 D000206 0
025 D000207 0
025 D000208 0
028 A010200 483574
028 A020200 5348
028 A030200 0
028 A040200 553633
028 B010200 760270
028 B020200 5539
028 B030200 0
028 B040200 791837
<PAGE> PAGE 10
028 C010200 705711
028 C020200 5396
028 C030200 0
028 C040200 697193
028 D010200 696733
028 D020200 5143
028 D030200 0
028 D040200 614308
028 E010200 787895
028 E020200 5826
028 E030200 0
028 E040200 807650
028 F010200 794009
028 F020200 5525
028 F030200 0
028 F040200 757277
028 G010200 4228190
028 G020200 32778
028 G030200 0
028 G040200 4221897
028 H000200 0
029 000200 N
030 A000200 0
030 B000200 0.00
030 C000200 0.00
034 000200 Y
035 000200 121
036 A000200 N
036 B000200 0
037 000200 N
038 000200 0
039 000200 N
040 000200 Y
041 000200 Y
042 A000200 0
042 B000200 0
042 C000200 100
042 D000200 0
042 E000200 0
042 F000200 0
042 G000200 0
042 H000200 0
043 000200 2420
044 000200 98
045 000200 Y
046 000200 N
047 000200 Y
048 000200 0.250
048 A010200 0
048 A020200 0.000
048 B010200 0
<PAGE> PAGE 11
048 B020200 0.000
048 C010200 0
048 C020200 0.000
048 D010200 0
048 D020200 0.000
048 E010200 0
048 E020200 0.000
048 F010200 0
048 F020200 0.000
048 G010200 0
048 G020200 0.000
048 H010200 0
048 H020200 0.000
048 I010200 0
048 I020200 0.000
048 J010200 0
048 J020200 0.000
048 K010200 0
048 K020200 0.000
049 000200 N
050 000200 N
051 000200 N
052 000200 N
053 A000200 Y
053 B000200 Y
053 C000200 N
055 A000200 N
055 B000200 N
056 000200 Y
057 000200 N
058 A000200 N
059 000200 Y
060 A000200 Y
060 B000200 Y
061 000200 1000
062 A000200 Y
062 B000200 24.0
062 C000200 0.0
062 D000200 76.0
062 E000200 0.0
062 F000200 0.0
062 G000200 0.0
062 H000200 0.0
062 I000200 0.0
062 J000200 0.0
062 K000200 0.0
062 L000200 0.0
062 M000200 0.0
062 N000200 0.0
062 O000200 0.0
062 P000200 0.0
<PAGE> PAGE 12
062 Q000200 0.0
062 R000200 0.0
063 A000200 38
063 B000200 0.0
064 A000200 N
064 B000200 N
066 A000200 N
067 000200 N
068 A000200 N
068 B000200 N
069 000200 N
070 A010200 Y
070 A020200 Y
070 B010200 N
070 B020200 N
070 C010200 N
070 C020200 N
070 D010200 N
070 D020200 N
070 E010200 N
070 E020200 N
070 F010200 N
070 F020200 N
070 G010200 N
070 G020200 N
070 H010200 N
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 N
070 K010200 Y
070 K020200 N
070 L010200 Y
070 L020200 N
070 M010200 N
070 M020200 N
070 N010200 N
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 Y
070 P020200 Y
070 Q010200 N
070 Q020200 N
070 R010200 Y
070 R020200 N
071 A000200 0
071 B000200 0
071 C000200 0
071 D000200 0
<PAGE> PAGE 13
072 A000200 6
072 B000200 43795
072 C000200 0
072 D000200 0
072 E000200 0
072 F000200 1939
072 G000200 0
072 H000200 0
072 I000200 1775
072 J000200 3
072 K000200 0
072 L000200 0
072 M000200 7
072 N000200 218
072 O000200 0
072 P000200 0
072 Q000200 84
072 R000200 23
072 S000200 6
072 T000200 2420
072 U000200 0
072 V000200 0
072 W000200 3
072 X000200 6478
072 Y000200 953
072 Z000200 38270
072AA000200 0
072BB000200 13
072CC010200 0
072CC020200 0
072DD010200 38270
072DD020200 0
072EE000200 0
073 A010200 0.0000
073 A020200 0.0000
073 B000200 0.0000
073 C000200 0.0000
074 A000200 0
074 B000200 1229006
074 C000200 388290
074 D000200 0
074 E000200 0
074 F000200 0
074 G000200 0
074 H000200 0
074 I000200 0
074 J000200 13279
074 K000200 0
074 L000200 22048
074 M000200 0
074 N000200 1652623
<PAGE> PAGE 14
074 O000200 0
074 P000200 201
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 18614
074 S000200 0
074 T000200 1633808
074 U010200 1634209
074 U020200 0
074 V010200 0.00
074 V020200 0.00
074 W000200 0.9998
074 X000200 48889
074 Y000200 0
075 A000200 1564730
075 B000200 0
076 000200 0.00
012 A000301 FIDELITY INVEST. INST. OPERATIONS CO., INC.
012 B000301 84-00216
012 C010301 BOSTON
012 C020301 MA
012 C030301 02109
013 A000301 COOPERS & LYBRAND LLP
013 B010301 BOSTON
013 B020301 MA
013 B030301 02109
015 A000301 THE BANK OF NEW YORK
015 B000301 C
015 C010301 NEW YORK
015 C020301 NY
015 C030301 10286
015 E010301 X
024 000300 Y
025 A000301 BARCLAYS BANK
025 B000301 58-1550508
025 C000301 D
025 D000301 238997
025 A000302 CHASE SECURITIES
025 B000302 13-3112953
025 C000302 D
025 D000302 1343
025 A000303 DEUTSCHE BANK
025 B000303 13-2730828
025 C000303 D
025 D000303 241490
025 A000304 GOLDMAN, SACHS & CO., INC.
025 B000304 13-5108880
025 C000304 D
025 D000304 80000
<PAGE> PAGE 15
025 A000305 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
025 B000305 13-5674085
025 C000305 D
025 D000305 136238
025 D000306 0
025 D000307 0
025 D000308 0
028 A010300 31162168
028 A020300 210028
028 A030300 0
028 A040300 31274522
028 B010300 2429251
028 B020300 18210
028 B030300 0
028 B040300 2452428
028 C010300 2691515
028 C020300 18952
028 C030300 0
028 C040300 2603656
028 D010300 2611205
028 D020300 17347
028 D030300 0
028 D040300 2281604
028 E010300 3111216
028 E020300 19231
028 E030300 0
028 E040300 3180909
028 F010300 3315892
028 F020300 18759
028 F030300 0
028 F040300 3229433
028 G010300 45321247
028 G020300 302528
028 G030300 0
028 G040300 45022552
028 H000300 0
029 000300 N
030 A000300 0
030 B000300 0.00
030 C000300 0.00
034 000300 N
035 000300 0
036 B000300 0
037 000300 N
038 000300 0
039 000300 N
040 000300 Y
041 000300 Y
042 A000300 0
042 B000300 0
042 C000300 100
<PAGE> PAGE 16
042 D000300 0
042 E000300 0
042 F000300 0
042 G000300 0
042 H000300 0
043 000300 8222
044 000300 21
045 000300 Y
046 000300 N
047 000300 Y
048 000300 0.250
048 A010300 0
048 A020300 0.000
048 B010300 0
048 B020300 0.000
048 C010300 0
048 C020300 0.000
048 D010300 0
048 D020300 0.000
048 E010300 0
048 E020300 0.000
048 F010300 0
048 F020300 0.000
048 G010300 0
048 G020300 0.000
048 H010300 0
048 H020300 0.000
048 I010300 0
048 I020300 0.000
048 J010300 0
048 J020300 0.000
048 K010300 0
048 K020300 0.000
049 000300 N
050 000300 N
051 000300 N
052 000300 N
053 A000300 Y
053 B000300 Y
053 C000300 N
055 A000300 N
055 B000300 N
056 000300 Y
057 000300 N
058 A000300 N
059 000300 Y
060 A000300 Y
060 B000300 Y
061 000300 1000
062 A000300 Y
062 B000300 0.0
<PAGE> PAGE 17
062 C000300 0.7
062 D000300 3.0
062 E000300 0.0
062 F000300 1.3
062 G000300 25.4
062 H000300 0.0
062 I000300 58.7
062 J000300 0.0
062 K000300 0.0
062 L000300 10.9
062 M000300 0.0
062 N000300 0.0
062 O000300 0.0
062 P000300 0.0
062 Q000300 0.0
062 R000300 0.0
063 A000300 47
063 B000300 0.0
064 A000300 Y
064 B000300 N
066 A000300 N
067 000300 N
068 A000300 N
068 B000300 N
069 000300 N
070 A010300 Y
070 A020300 Y
070 B010300 N
070 B020300 N
070 C010300 N
070 C020300 N
070 D010300 N
070 D020300 N
070 E010300 N
070 E020300 N
070 F010300 N
070 F020300 N
070 G010300 N
070 G020300 N
070 H010300 N
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 Y
070 J020300 Y
070 K010300 Y
070 K020300 N
070 L010300 Y
070 L020300 Y
070 M010300 N
070 M020300 N
<PAGE> PAGE 18
070 N010300 Y
070 N020300 N
070 O010300 Y
070 O020300 N
070 P010300 Y
070 P020300 Y
070 Q010300 N
070 Q020300 N
070 R010300 Y
070 R020300 N
071 A000300 0
071 B000300 0
071 C000300 0
071 D000300 0
072 A000300 6
072 B000300 134731
072 C000300 0
072 D000300 0
072 E000300 0
072 F000300 5865
072 G000300 0
072 H000300 0
072 I000300 5259
072 J000300 45
072 K000300 0
072 L000300 0
072 M000300 16
072 N000300 680
072 O000300 0
072 P000300 0
072 Q000300 204
072 R000300 23
072 S000300 16
072 T000300 8222
072 U000300 0
072 V000300 0
072 W000300 7
072 X000300 20337
072 Y000300 2752
072 Z000300 117146
072AA000300 0
072BB000300 53
072CC010300 0
072CC020300 0
072DD010300 71427
072DD020300 45719
072EE000300 0
073 A010300 0.0250
073 A020300 0.0240
073 B000300 0.0000
073 C000300 0.0000
<PAGE> PAGE 19
074 A000300 0
074 B000300 159269
074 C000300 5117115
074 D000300 0
074 E000300 0
074 F000300 0
074 G000300 0
074 H000300 0
074 I000300 0
074 J000300 0
074 K000300 0
074 L000300 154409
074 M000300 0
074 N000300 5430793
074 O000300 201853
074 P000300 0
074 Q000300 0
074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 168108
074 S000300 0
074 T000300 5060832
074 U010300 2998880
074 U020300 2062785
074 V010300 1.00
074 V020300 1.00
074 W000300 0.9998
074 X000300 519166
074 Y000300 0
075 A000300 4731246
075 B000300 0
076 000300 0.00
SIGNATURE JOHN H. COSTELLO
TITLE ASSISTANT TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000704207
<NAME> Fidelity Newbury Street Trust
<SERIES>
<NUMBER> 21
<NAME> Treasury Fund - Daily Money Class
<MULTIPLIER> 1,000
<S>
<C>
<PERIOD-TYPE>
6-MOS
<FISCAL-YEAR-END>
OCT-31-1998
<PERIOD-END>
APR-30-1998
<INVESTMENTS-AT-COST>
1,617,296
<INVESTMENTS-AT-VALUE>
1,617,296
<RECEIVABLES>
35,327
<ASSETS-OTHER>
0
<OTHER-ITEMS-ASSETS>
0
<TOTAL-ASSETS>
1,652,623
<PAYABLE-FOR-SECURITIES>
0
<SENIOR-LONG-TERM-DEBT>
0
<OTHER-ITEMS-LIABILITIES>
18,814
<TOTAL-LIABILITIES>
18,814
<SENIOR-EQUITY>
0
<PAID-IN-CAPITAL-COMMON>
1,634,261
<SHARES-COMMON-STOCK>
1,275,414
<SHARES-COMMON-PRIOR>
1,284,315
<ACCUMULATED-NII-CURRENT>
0
<OVERDISTRIBUTION-NII>
0
<ACCUMULATED-NET-GAINS>
(453)
<OVERDISTRIBUTION-GAINS>
0
<ACCUM-APPREC-OR-DEPREC>
0
<NET-ASSETS>
1,633,808
<DIVIDEND-INCOME>
0
<INTEREST-INCOME>
43,795
<OTHER-INCOME>
0
<EXPENSES-NET>
5,525
<NET-INVESTMENT-INCOME>
38,270
<REALIZED-GAINS-CURRENT>
(13)
<APPREC-INCREASE-CURRENT>
0
<NET-CHANGE-FROM-OPS>
38,256
<EQUALIZATION>
0
<DISTRIBUTIONS-OF-INCOME>
30,812
<DISTRIBUTIONS-OF-GAINS>
0
<DISTRIBUTIONS-OTHER>
0
<NUMBER-OF-SHARES-SOLD>
3,269,624
<NUMBER-OF-SHARES-REDEEMED>
3,304,489
<SHARES-REINVESTED>
25,964
<NET-CHANGE-IN-ASSETS>
39,058
<ACCUMULATED-NII-PRIOR>
0
<ACCUMULATED-GAINS-PRIOR>
(439)
<OVERDISTRIB-NII-PRIOR>
0
<OVERDIST-NET-GAINS-PRIOR>
0
<GROSS-ADVISORY-FEES>
1,939
<INTEREST-EXPENSE>
0
<GROSS-EXPENSE>
6,479
<AVERAGE-NET-ASSETS>
1,244,461
<PER-SHARE-NAV-BEGIN>
1.000
<PER-SHARE-NII>
.025
<PER-SHARE-GAIN-APPREC>
0
<PER-SHARE-DIVIDEND>
0
<PER-SHARE-DISTRIBUTIONS>
.025
<RETURNS-OF-CAPITAL>
0
<PER-SHARE-NAV-END>
1.000
<EXPENSE-RATIO>
.65
<AVG-DEBT-OUTSTANDING>
0
<AVG-DEBT-PER-SHARE>
0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000704207
<NAME> Fidelity Newbury Street Trust
<SERIES>
<NUMBER> 22
<NAME> Treasury Fund - Capital Reserves Class
<MULTIPLIER> 1,000
<S>
<C>
<PERIOD-TYPE>
6-MOS
<FISCAL-YEAR-END>
OCT-31-1998
<PERIOD-END>
APR-30-1998
<INVESTMENTS-AT-COST>
1,617,296
<INVESTMENTS-AT-VALUE>
1,617,296
<RECEIVABLES>
35,327
<ASSETS-OTHER>
0
<OTHER-ITEMS-ASSETS>
0
<TOTAL-ASSETS>
1,652,623
<PAYABLE-FOR-SECURITIES>
0
<SENIOR-LONG-TERM-DEBT>
0
<OTHER-ITEMS-LIABILITIES>
18,814
<TOTAL-LIABILITIES>
18,814
<SENIOR-EQUITY>
0
<PAID-IN-CAPITAL-COMMON>
1,634,261
<SHARES-COMMON-STOCK>
323,574
<SHARES-COMMON-PRIOR>
264,844
<ACCUMULATED-NII-CURRENT>
0
<OVERDISTRIBUTION-NII>
0
<ACCUMULATED-NET-GAINS>
(453)
<OVERDISTRIBUTION-GAINS>
0
<ACCUM-APPREC-OR-DEPREC>
0
<NET-ASSETS>
1,633,808
<DIVIDEND-INCOME>
0
<INTEREST-INCOME>
43,795
<OTHER-INCOME>
0
<EXPENSES-NET>
5,525
<NET-INVESTMENT-INCOME>
38,270
<REALIZED-GAINS-CURRENT>
(13)
<APPREC-INCREASE-CURRENT>
0
<NET-CHANGE-FROM-OPS>
38,256
<EQUALIZATION>
0
<DISTRIBUTIONS-OF-INCOME>
6,738
<DISTRIBUTIONS-OF-GAINS>
0
<DISTRIBUTIONS-OTHER>
0
<NUMBER-OF-SHARES-SOLD>
907,191
<NUMBER-OF-SHARES-REDEEMED>
854,611
<SHARES-REINVESTED>
6,150
<NET-CHANGE-IN-ASSETS>
39,058
<ACCUMULATED-NII-PRIOR>
0
<ACCUMULATED-GAINS-PRIOR>
(439)
<OVERDISTRIB-NII-PRIOR>
0
<OVERDIST-NET-GAINS-PRIOR>
0
<GROSS-ADVISORY-FEES>
1,939
<INTEREST-EXPENSE>
0
<GROSS-EXPENSE>
6,479
<AVERAGE-NET-ASSETS>
286,169
<PER-SHARE-NAV-BEGIN>
1.000
<PER-SHARE-NII>
.024
<PER-SHARE-GAIN-APPREC>
0
<PER-SHARE-DIVIDEND>
0
<PER-SHARE-DISTRIBUTIONS>
.024
<RETURNS-OF-CAPITAL>
0
<PER-SHARE-NAV-END>
1.000
<EXPENSE-RATIO>
.90
<AVG-DEBT-OUTSTANDING>
0
<AVG-DEBT-PER-SHARE>
0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000704207
<NAME> Fidelity Newbury Street Trust
<SERIES>
<NUMBER> 23
<NAME> Treasury Fund - Advisor B Class
<MULTIPLIER> 1,000
<S>
<C>
<PERIOD-TYPE>
6-MOS
<FISCAL-YEAR-END>
OCT-31-1998
<PERIOD-END>
APR-30-1998
<INVESTMENTS-AT-COST>
1,617,296
<INVESTMENTS-AT-VALUE>
1,617,296
<RECEIVABLES>
35,327
<ASSETS-OTHER>
0
<OTHER-ITEMS-ASSETS>
0
<TOTAL-ASSETS>
1,652,623
<PAYABLE-FOR-SECURITIES>
0
<SENIOR-LONG-TERM-DEBT>
0
<OTHER-ITEMS-LIABILITIES>
18,814
<TOTAL-LIABILITIES>
18,814
<SENIOR-EQUITY>
0
<PAID-IN-CAPITAL-COMMON>
1,634,261
<SHARES-COMMON-STOCK>
28,526
<SHARES-COMMON-PRIOR>
45,979
<ACCUMULATED-NII-CURRENT>
0
<OVERDISTRIBUTION-NII>
0
<ACCUMULATED-NET-GAINS>
(453)
<OVERDISTRIBUTION-GAINS>
0
<ACCUM-APPREC-OR-DEPREC>
0
<NET-ASSETS>
1,633,808
<DIVIDEND-INCOME>
0
<INTEREST-INCOME>
43,795
<OTHER-INCOME>
0
<EXPENSES-NET>
5,525
<NET-INVESTMENT-INCOME>
38,270
<REALIZED-GAINS-CURRENT>
(13)
<APPREC-INCREASE-CURRENT>
0
<NET-CHANGE-FROM-OPS>
38,256
<EQUALIZATION>
0
<DISTRIBUTIONS-OF-INCOME>
687
<DISTRIBUTIONS-OF-GAINS>
0
<DISTRIBUTIONS-OTHER>
0
<NUMBER-OF-SHARES-SOLD>
38,352
<NUMBER-OF-SHARES-REDEEMED>
56,439
<SHARES-REINVESTED>
634
<NET-CHANGE-IN-ASSETS>
39,058
<ACCUMULATED-NII-PRIOR>
0
<ACCUMULATED-GAINS-PRIOR>
(439)
<OVERDISTRIB-NII-PRIOR>
0
<OVERDIST-NET-GAINS-PRIOR>
0
<GROSS-ADVISORY-FEES>
1,939
<INTEREST-EXPENSE>
0
<GROSS-EXPENSE>
6,479
<AVERAGE-NET-ASSETS>
32,665
<PER-SHARE-NAV-BEGIN>
1.000
<PER-SHARE-NII>
.021
<PER-SHARE-GAIN-APPREC>
0
<PER-SHARE-DIVIDEND>
0
<PER-SHARE-DISTRIBUTIONS>
.021
<RETURNS-OF-CAPITAL>
0
<PER-SHARE-NAV-END>
1.000
<EXPENSE-RATIO>
1.40
<AVG-DEBT-OUTSTANDING>
0
<AVG-DEBT-PER-SHARE>
0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000704207
<NAME> Fidelity Newbury Street Trust
<SERIES>
<NUMBER> 24
<NAME> Treasury Fund - Advisor C Class
<MULTIPLIER> 1,000
<S>
<C>
<PERIOD-TYPE>
6-MOS
<FISCAL-YEAR-END>
OCT-31-1998
<PERIOD-END>
APR-30-1998
<INVESTMENTS-AT-COST>
1,617,296
<INVESTMENTS-AT-VALUE>
1,617,296
<RECEIVABLES>
35,327
<ASSETS-OTHER>
0
<OTHER-ITEMS-ASSETS>
0
<TOTAL-ASSETS>
1,652,623
<PAYABLE-FOR-SECURITIES>
0
<SENIOR-LONG-TERM-DEBT>
0
<OTHER-ITEMS-LIABILITIES>
18,814
<TOTAL-LIABILITIES>
18,814
<SENIOR-EQUITY>
0
<PAID-IN-CAPITAL-COMMON>
1,634,261
<SHARES-COMMON-STOCK>
6,695
<SHARES-COMMON-PRIOR>
0
<ACCUMULATED-NII-CURRENT>
0
<OVERDISTRIBUTION-NII>
0
<ACCUMULATED-NET-GAINS>
(453)
<OVERDISTRIBUTION-GAINS>
0
<ACCUM-APPREC-OR-DEPREC>
0
<NET-ASSETS>
1,633,808
<DIVIDEND-INCOME>
0
<INTEREST-INCOME>
43,795
<OTHER-INCOME>
0
<EXPENSES-NET>
5,525
<NET-INVESTMENT-INCOME>
38,270
<REALIZED-GAINS-CURRENT>
(13)
<APPREC-INCREASE-CURRENT>
0
<NET-CHANGE-FROM-OPS>
38,256
<EQUALIZATION>
0
<DISTRIBUTIONS-OF-INCOME>
33
<DISTRIBUTIONS-OF-GAINS>
0
<DISTRIBUTIONS-OTHER>
0
<NUMBER-OF-SHARES-SOLD>
13,023
<NUMBER-OF-SHARES-REDEEMED>
6,358
<SHARES-REINVESTED>
30
<NET-CHANGE-IN-ASSETS>
39,058
<ACCUMULATED-NII-PRIOR>
0
<ACCUMULATED-GAINS-PRIOR>
(439)
<OVERDISTRIB-NII-PRIOR>
0
<OVERDIST-NET-GAINS-PRIOR>
0
<GROSS-ADVISORY-FEES>
1,939
<INTEREST-EXPENSE>
0
<GROSS-EXPENSE>
6,479
<AVERAGE-NET-ASSETS>
1,435
<PER-SHARE-NAV-BEGIN>
1.000
<PER-SHARE-NII>
.021
<PER-SHARE-GAIN-APPREC>
0
<PER-SHARE-DIVIDEND>
0
<PER-SHARE-DISTRIBUTIONS>
.021
<RETURNS-OF-CAPITAL>
0
<PER-SHARE-NAV-END>
1.000
<EXPENSE-RATIO>
1.40
<AVG-DEBT-OUTSTANDING>
0
<AVG-DEBT-PER-SHARE>
0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000704207
<NAME> Fidelity Newbury Street Trust
<SERIES>
<NUMBER> 31
<NAME> Prime Fund - Daily Money Class
<MULTIPLIER> 1,000
<S>
<C>
<PERIOD-TYPE>
6-MOS
<FISCAL-YEAR-END>
OCT-31-1998
<PERIOD-END>
APR-30-1998
<INVESTMENTS-AT-COST>
5,276,384
<INVESTMENTS-AT-VALUE>
5,276,384
<RECEIVABLES>
154,409
<ASSETS-OTHER>
0
<OTHER-ITEMS-ASSETS>
0
<TOTAL-ASSETS>
5,430,793
<PAYABLE-FOR-SECURITIES>
201,853
<SENIOR-LONG-TERM-DEBT>
0
<OTHER-ITEMS-LIABILITIES>
168,108
<TOTAL-LIABILITIES>
369,961
<SENIOR-EQUITY>
0
<PAID-IN-CAPITAL-COMMON>
5,061,677
<SHARES-COMMON-STOCK>
2,998,880
<SHARES-COMMON-PRIOR>
2,687,132
<ACCUMULATED-NII-CURRENT>
0
<OVERDISTRIBUTION-NII>
0
<ACCUMULATED-NET-GAINS>
(845)
<OVERDISTRIBUTION-GAINS>
0
<ACCUM-APPREC-OR-DEPREC>
0
<NET-ASSETS>
5,060,832
<DIVIDEND-INCOME>
0
<INTEREST-INCOME>
134,731
<OTHER-INCOME>
0
<EXPENSES-NET>
17,585
<NET-INVESTMENT-INCOME>
117,146
<REALIZED-GAINS-CURRENT>
(53)
<APPREC-INCREASE-CURRENT>
0
<NET-CHANGE-FROM-OPS>
117,093
<EQUALIZATION>
0
<DISTRIBUTIONS-OF-INCOME>
71,427
<DISTRIBUTIONS-OF-GAINS>
0
<DISTRIBUTIONS-OTHER>
0
<NUMBER-OF-SHARES-SOLD>
8,544,766
<NUMBER-OF-SHARES-REDEEMED>
8,299,457
<SHARES-REINVESTED>
66,439
<NET-CHANGE-IN-ASSETS>
610,027
<ACCUMULATED-NII-PRIOR>
0
<ACCUMULATED-GAINS-PRIOR>
(792)
<OVERDISTRIB-NII-PRIOR>
0
<OVERDIST-NET-GAINS-PRIOR>
0
<GROSS-ADVISORY-FEES>
5,865
<INTEREST-EXPENSE>
0
<GROSS-EXPENSE>
20,337
<AVERAGE-NET-ASSETS>
2,830,115
<PER-SHARE-NAV-BEGIN>
1.000
<PER-SHARE-NII>
.025
<PER-SHARE-GAIN-APPREC>
0
<PER-SHARE-DIVIDEND>
0
<PER-SHARE-DISTRIBUTIONS>
.025
<RETURNS-OF-CAPITAL>
0
<PER-SHARE-NAV-END>
1.000
<EXPENSE-RATIO>
.65
<AVG-DEBT-OUTSTANDING>
0
<AVG-DEBT-PER-SHARE>
0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000704207
<NAME> Fidelity Newbury Street Trust
<SERIES>
<NUMBER> 32
<NAME> Prime Fund - Capital Reserves Class
<MULTIPLIER> 1,000
<S>
<C>
<PERIOD-TYPE>
6-MOS
<FISCAL-YEAR-END>
OCT-31-1998
<PERIOD-END>
APR-30-1998
<INVESTMENTS-AT-COST>
5,276,384
<INVESTMENTS-AT-VALUE>
5,276,384
<RECEIVABLES>
154,409
<ASSETS-OTHER>
0
<OTHER-ITEMS-ASSETS>
0
<TOTAL-ASSETS>
5,430,793
<PAYABLE-FOR-SECURITIES>
201,853
<SENIOR-LONG-TERM-DEBT>
0
<OTHER-ITEMS-LIABILITIES>
168,108
<TOTAL-LIABILITIES>
369,961
<SENIOR-EQUITY>
0
<PAID-IN-CAPITAL-COMMON>
5,061,677
<SHARES-COMMON-STOCK>
2,062,785
<SHARES-COMMON-PRIOR>
1,764,453
<ACCUMULATED-NII-CURRENT>
0
<OVERDISTRIBUTION-NII>
0
<ACCUMULATED-NET-GAINS>
(845)
<OVERDISTRIBUTION-GAINS>
0
<ACCUM-APPREC-OR-DEPREC>
0
<NET-ASSETS>
5,060,832
<DIVIDEND-INCOME>
0
<INTEREST-INCOME>
134,731
<OTHER-INCOME>
0
<EXPENSES-NET>
17,585
<NET-INVESTMENT-INCOME>
117,146
<REALIZED-GAINS-CURRENT>
(53)
<APPREC-INCREASE-CURRENT>
0
<NET-CHANGE-FROM-OPS>
117,093
<EQUALIZATION>
0
<DISTRIBUTIONS-OF-INCOME>
45,719
<DISTRIBUTIONS-OF-GAINS>
0
<DISTRIBUTIONS-OTHER>
0
<NUMBER-OF-SHARES-SOLD>
36,616,725
<NUMBER-OF-SHARES-REDEEMED>
36,561,119
<SHARES-REINVESTED>
242,726
<NET-CHANGE-IN-ASSETS>
610,027
<ACCUMULATED-NII-PRIOR>
0
<ACCUMULATED-GAINS-PRIOR>
(792)
<OVERDISTRIB-NII-PRIOR>
0
<OVERDIST-NET-GAINS-PRIOR>
0
<GROSS-ADVISORY-FEES>
5,865
<INTEREST-EXPENSE>
0
<GROSS-EXPENSE>
20,337
<AVERAGE-NET-ASSETS>
1,901,132
<PER-SHARE-NAV-BEGIN>
1.000
<PER-SHARE-NII>
.024
<PER-SHARE-GAIN-APPREC>
0
<PER-SHARE-DIVIDEND>
0
<PER-SHARE-DISTRIBUTIONS>
.024
<RETURNS-OF-CAPITAL>
0
<PER-SHARE-NAV-END>
1.000
<EXPENSE-RATIO>
.90
<AVG-DEBT-OUTSTANDING>
0
<AVG-DEBT-PER-SHARE>
0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000704207
<NAME> Fidelity Newbury Street Trust
<SERIES>
<NUMBER> 11
<NAME> Tax-Exempt Fund - Daily Money Class
<MULTIPLIER> 1,000
<S>
<C>
<PERIOD-TYPE>
6-MOS
<FISCAL-YEAR-END>
OCT-31-1998
<PERIOD-END>
APR-30-1998
<INVESTMENTS-AT-COST>
615,346
<INVESTMENTS-AT-VALUE>
615,346
<RECEIVABLES>
29,693
<ASSETS-OTHER>
265
<OTHER-ITEMS-ASSETS>
0
<TOTAL-ASSETS>
645,304
<PAYABLE-FOR-SECURITIES>
8,400
<SENIOR-LONG-TERM-DEBT>
0
<OTHER-ITEMS-LIABILITIES>
11,115
<TOTAL-LIABILITIES>
19,515
<SENIOR-EQUITY>
0
<PAID-IN-CAPITAL-COMMON>
625,912
<SHARES-COMMON-STOCK>
455,838
<SHARES-COMMON-PRIOR>
468,699
<ACCUMULATED-NII-CURRENT>
0
<OVERDISTRIBUTION-NII>
0
<ACCUMULATED-NET-GAINS>
(123)
<OVERDISTRIBUTION-GAINS>
0
<ACCUM-APPREC-OR-DEPREC>
0
<NET-ASSETS>
625,788
<DIVIDEND-INCOME>
0
<INTEREST-INCOME>
12,355
<OTHER-INCOME>
0
<EXPENSES-NET>
2,392
<NET-INVESTMENT-INCOME>
9,963
<REALIZED-GAINS-CURRENT>
0
<APPREC-INCREASE-CURRENT>
0
<NET-CHANGE-FROM-OPS>
9,963
<EQUALIZATION>
0
<DISTRIBUTIONS-OF-INCOME>
7,487
<DISTRIBUTIONS-OF-GAINS>
0
<DISTRIBUTIONS-OTHER>
0
<NUMBER-OF-SHARES-SOLD>
1,100,344
<NUMBER-OF-SHARES-REDEEMED>
1,120,107
<SHARES-REINVESTED>
6,902
<NET-CHANGE-IN-ASSETS>
(19,446)
<ACCUMULATED-NII-PRIOR>
0
<ACCUMULATED-GAINS-PRIOR>
(124)
<OVERDISTRIB-NII-PRIOR>
0
<OVERDIST-NET-GAINS-PRIOR>
0
<GROSS-ADVISORY-FEES>
835
<INTEREST-EXPENSE>
0
<GROSS-EXPENSE>
2,935
<AVERAGE-NET-ASSETS>
494,887
<PER-SHARE-NAV-BEGIN>
1.000
<PER-SHARE-NII>
.015
<PER-SHARE-GAIN-APPREC>
0
<PER-SHARE-DIVIDEND>
0
<PER-SHARE-DISTRIBUTIONS>
.015
<RETURNS-OF-CAPITAL>
0
<PER-SHARE-NAV-END>
1.000
<EXPENSE-RATIO>
.65
<AVG-DEBT-OUTSTANDING>
0
<AVG-DEBT-PER-SHARE>
0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000704207
<NAME> Fidelity Newbury Street Trust
<SERIES>
<NUMBER> 12
<NAME> Tax-Exempt Fund - Capital Reserves Fund
<MULTIPLIER> 1,000
<S>
<C>
<PERIOD-TYPE>
6-MOS
<FISCAL-YEAR-END>
OCT-31-1998
<PERIOD-END>
APR-30-1998
<INVESTMENTS-AT-COST>
615,346
<INVESTMENTS-AT-VALUE>
615,346
<RECEIVABLES>
29,693
<ASSETS-OTHER>
265
<OTHER-ITEMS-ASSETS>
0
<TOTAL-ASSETS>
645,304
<PAYABLE-FOR-SECURITIES>
8,400
<SENIOR-LONG-TERM-DEBT>
0
<OTHER-ITEMS-LIABILITIES>
11,115
<TOTAL-LIABILITIES>
19,515
<SENIOR-EQUITY>
0
<PAID-IN-CAPITAL-COMMON>
925,912
<SHARES-COMMON-STOCK>
170,074
<SHARES-COMMON-PRIOR>
176,659
<ACCUMULATED-NII-CURRENT>
0
<OVERDISTRIBUTION-NII>
0
<ACCUMULATED-NET-GAINS>
(123)
<OVERDISTRIBUTION-GAINS>
0
<ACCUM-APPREC-OR-DEPREC>
0
<NET-ASSETS>
625,788
<DIVIDEND-INCOME>
0
<INTEREST-INCOME>
12,355
<OTHER-INCOME>
0
<EXPENSES-NET>
2,392
<NET-INVESTMENT-INCOME>
9,963
<REALIZED-GAINS-CURRENT>
0
<APPREC-INCREASE-CURRENT>
0
<NET-CHANGE-FROM-OPS>
9,963
<EQUALIZATION>
0
<DISTRIBUTIONS-OF-INCOME>
2,476
<DISTRIBUTIONS-OF-GAINS>
0
<DISTRIBUTIONS-OTHER>
0
<NUMBER-OF-SHARES-SOLD>
402,569
<NUMBER-OF-SHARES-REDEEMED>
411,121
<SHARES-REINVESTED>
1,967
<NET-CHANGE-IN-ASSETS>
(19,446)
<ACCUMULATED-NII-PRIOR>
0
<ACCUMULATED-GAINS-PRIOR>
(124)
<OVERDISTRIB-NII-PRIOR>
0
<OVERDIST-NET-GAINS-PRIOR>
0
<GROSS-ADVISORY-FEES>
835
<INTEREST-EXPENSE>
0
<GROSS-EXPENSE>
2,935
<AVERAGE-NET-ASSETS>
178,991
<PER-SHARE-NAV-BEGIN>
1.000
<PER-SHARE-NII>
.014
<PER-SHARE-GAIN-APPREC>
0
<PER-SHARE-DIVIDEND>
0
<PER-SHARE-DISTRIBUTIONS>
.014
<RETURNS-OF-CAPITAL>
0
<PER-SHARE-NAV-END>
1.000
<EXPENSE-RATIO>
.90
<AVG-DEBT-OUTSTANDING>
0
<AVG-DEBT-PER-SHARE>
0
</TABLE>