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August 5, 1998
VIA EDGAR
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Attn: Public Filing Room
RE: Reserve New York Tax-Exempt Trust
File Nos. 2-85406 (Securities Act of 1933)
811-3814 (Investment Company Act of 1940)
Dear Sir or Madam:
Pursuant to Rule 497(j) of the Investment Company Act of 1940, this letter
is to certify that the form of prospectus and Statement of Additional
Information that would have been filed pursuant to Rule 497(c) is not different
from that contained in the most recent registration statement. The most recent
registration statement, Post-Effective Amendment 20, was filed electronically
and accepted on July 30, 1998.
Respectfully,
/s/ MaryKathleen Foynes
MaryKathleen Foynes
Counsel and Secretary
