FIDELITY NEW YORK MUNICIPAL TRUST, 497, 1994-06-13

FIDELITY NEW YORK MUNICIPAL TRUST
497, 1994-06-13

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SUPPLEMENT TO THE 
FIDELITY NEW YORK 
TAX-FREE FUNDS
PROSPECTUS
 DATED MARCH 22, 1994
   The following information     
   replaces similar information     
   found under the heading     
   "Taxes" beginning on page 26.    
          The interest from some     
   municipal securities is subject     
   to the federal alternative     
   minimum tax. Each fund may     
   invest so that up to 20% of its     
   income is derived from these     
   securities.  Individuals who are     
   subject to the tax must report     
   this interest on their tax returns.    
   
NFR-94-1 June 13, 1994
SUPPLEMENT TO THE 
FIDELITY NEW YORK 
TAX-FREE FUNDS
PROSPECTUS
 DATED MARCH 22, 1994
   The following information     
   replaces similar information     
   found under the heading     
   "Taxes" beginning on page 26.    
          The interest from some     
   municipal securities is subject     
   to the federal alternative     
   minimum tax. Each fund may     
   invest so that up to 20% of its     
   income is derived from these     
   securities.  Individuals who are     
   subject to the tax must report     
   this interest on their tax returns.    
   
NFR-94-1 June 13, 1994