<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000704207
<NAME> Fidelity Newbury Street Trust
<SERIES>
<NUMBER> 12
<NAME> Tax-Exempt FundCapital Reserves Class
<MULTIPLIER> 1,000
<S>
<C>
<PERIOD-TYPE>
6-MOS
<FISCAL-YEAR-END>
OCT-31-2000
<PERIOD-END>
APR-30-2000
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653,973
<INVESTMENTS-AT-VALUE>
653,973
<RECEIVABLES>
10,389
<ASSETS-OTHER>
0
<OTHER-ITEMS-ASSETS>
0
<TOTAL-ASSETS>
664,362
<PAYABLE-FOR-SECURITIES>
4,217
<SENIOR-LONG-TERM-DEBT>
0
<OTHER-ITEMS-LIABILITIES>
12,832
<TOTAL-LIABILITIES>
17,049
<SENIOR-EQUITY>
0
<PAID-IN-CAPITAL-COMMON>
647,469
<SHARES-COMMON-STOCK>
194,315
<SHARES-COMMON-PRIOR>
170,062
<ACCUMULATED-NII-CURRENT>
0
<OVERDISTRIBUTION-NII>
0
<ACCUMULATED-NET-GAINS>
(156)
<OVERDISTRIBUTION-GAINS>
0
<ACCUM-APPREC-OR-DEPREC>
0
<NET-ASSETS>
647,313
<DIVIDEND-INCOME>
0
<INTEREST-INCOME>
13,247
<OTHER-INCOME>
0
<EXPENSES-NET>
2,644
<NET-INVESTMENT-INCOME>
10,603
<REALIZED-GAINS-CURRENT>
(60)
<APPREC-INCREASE-CURRENT>
0
<NET-CHANGE-FROM-OPS>
10,543
<EQUALIZATION>
0
<DISTRIBUTIONS-OF-INCOME>
2,951
<DISTRIBUTIONS-OF-GAINS>
0
<DISTRIBUTIONS-OTHER>
0
<NUMBER-OF-SHARES-SOLD>
553,514
<NUMBER-OF-SHARES-REDEEMED>
532,133
<SHARES-REINVESTED>
2,872
<NET-CHANGE-IN-ASSETS>
(25,798)
<ACCUMULATED-NII-PRIOR>
0
<ACCUMULATED-GAINS-PRIOR>
(95)
<OVERDISTRIB-NII-PRIOR>
0
<OVERDIST-NET-GAINS-PRIOR>
0
<GROSS-ADVISORY-FEES>
874
<INTEREST-EXPENSE>
0
<GROSS-EXPENSE>
2,980
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206,986
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1.000
<PER-SHARE-NII>
.014
<PER-SHARE-GAIN-APPREC>
0
<PER-SHARE-DIVIDEND>
.014
<PER-SHARE-DISTRIBUTIONS>
0
<RETURNS-OF-CAPITAL>
0
<PER-SHARE-NAV-END>
1.000
<EXPENSE-RATIO>
94
</TABLE>