Katherine P. Feld [logo] OppenheimerFunds
Vice President & Oppenheimer Management Corporation
Associate Counsel Two World Trade Center
New York, NY 10048-0203
212 323-0200 Fax 212 323-0558
November 30, 1995
VIA EDGAR
Securities and Exchange Commission
Mail Stop 0-7, Filer Support
6432 General Green Way
Alexandria, VA 22312
Re: Oppenheimer New York Tax-Exempt Fund
Reg. No. 2-91683, File No. 811-4054
To the Securities and Exchange Commission:
An electronic ("EDGAR") filing is hereby made pursuant to Rule 24f-2
of the Investment Company Act of 1940 (the "1940 Act") on behalf of
Oppenheimer New York Tax-Exempt Fund accompanied by an opinion of counsel
for the registration of additional shares of the above Fund.
A total filing fee of $4,060 ($4,060 for Class B shares and $9 for
Class C shares), calculated at the rate of 1/29 of 1% of the value of
shares of that class sold in excess of the shares of that class redeemed
for the fiscal year ended September 30, 1995, was wired to the SEC's
account at Mellon Bank on November 28, 1995 (Fed Wire No. 3259) and
referenced this filing. No filing fee was payable as to Class A shares.
The Fund has previously registered an indefinite number of shares pursuant
to Rule 24f-2.
The purpose of the Notice was to make definite the registration of
6,112,332 Class A shares, 1,966,120 Class B shares and 2,032 Class C
shares of the Fund in reliance on Rule 24f-2.
Very truly yours,
/s/ Katherine P. Feld
Katherine P. Feld
Vice President &
Associate Counsel
(212) 323-0252
KPF/gl
Enclosures
cc:Ronald M. Feiman, Esq.
Robert Bishop
Gloria LaFond
SEC/360-24f2.COV
<PAGE>
Rule 24f-2 Notice for Oppenheimer New York Tax-Exempt Fund
Two World Trade Center, New York, New York 10048-0203
(Registration No. 2-91683, File No. 811-4054)
NOTICE IS HEREBY GIVEN that Oppenheimer New York Tax-Exempt Fund having
previously filed in its registration statement a declaration that an
indefinite number of its shares of beneficial interest were being
registered pursuant to Rule 24f-2 of the Investment Company Act of 1940,
now elects to continue such indefinite registration.
(i) This Notice is being filed for the fiscal year ended September
30, 1995.
(ii) No shares which had been registered other than pursuant to
this Rule remained unsold at the beginning of the above fiscal
year.
(iii) 1,270,294 Class A shares were registered other than pursuant
to this Rule during the above fiscal year.
(iv) The number of shares sold during the above fiscal year was as
follows(1):
Class A 6,112,332
Class B 1,966,120
Class C* 2,032
(v) Shares sold during the above fiscal year in reliance upon
registration pursuant to this Rule were as follows:
Class A 6,112,332
Class B 1,966,120
Class C* 2,032
Pursuant to the requirements of the Investment Company Act of 1940,
the undersigned registrant has caused this Notice to be signed on its
behalf this 27th day of November, 1995.
Oppenheimer New York Tax-Exempt Fund
By: /s/ Andrew J. Donohue
----------------------------------
Andrew J. Donohue, Secretary
- - - ---------------
(1)The calculation of the aggregate sales price is made pursuant to Rule
24f-2 of the Investment Company Act of 1940, as follows:
Value of
Value of Shares Filing
Shares Sold Redeemed Net Fee
Class A $75,047,530 $(135,508,934) $(60,461,404) $ 0
Class B $23,621,179 $( 11,848,459) $ 11,772,720 $4,060
Class C $ 25,059 $0 $ 25,059 $ 9
$4,069
Class A shares to be re-registered total 5,302,733.
- - - --------------
*For the period from August 29, 1995 (inception of the offering) to
September 30, 1995.
SEC/360-24f2
<PAGE>
GORDON ALTMAN BUTOWSKY WEITZEN SHALOV & WEIN
114 West 47th Street New York, N.Y. 10036
Telephone: (212) 626-0800 Telecopier (212) 626-0799
November 29, 1995
Oppenheimer New York Tax-Exempt Fund
Two World Trade Center
New York, New York 10048-0203
Ladies and Gentlemen:
In connection with the public offering of shares of beneficial
interest, no par value, of Oppenheimer New York Tax-Exempt Fund (the
"Fund"), we have examined such records and documents and have made such
further investigation and examination as we deemed necessary for the
purpose of this opinion.
It is our opinion that the shares the registration of which is
made definite by the accompanying Rule 24f-2 Notice of the Fund were
legally issued, fully paid and non-assessable by the Fund to the extent
set forth in its Prospectus forming part of its Registration Statement
under the Securities Act of 1933, as amended.
We hereby consent to the filing of this opinion with said
Notice.
Very truly yours,
/s/ Gordon Altman Butowsky Weitzen Shalov & Wein
