STEIN ROE MUNICIPAL TRUST
497J, 1997-11-03
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                           [Stein Roe logo]
                             STEIN ROE
                            MUTUAL FUNDS
                          ---------------
                        Building Wealth for
                     Generations [service mark]



                         November 3, 1997


Securities and Exchange Commission
450 Fifth Street, NW
Washington, DC  20549

Re:  Stein Roe Municipal Trust
     File No. 2-99356 and 811-4367

Gentlemen:

Transmitted herewith pursuant to Rule 497(j) under the 
Securities Act of 1933 is certification that the prospectus 
and Statement of Additional Information  of Stein Roe 
Municipal Trust  do not differ from those filed in the most 
recent post-effective amendment, which was filed 
electronically.

Sincerely,

STEIN ROE MUNICIPAL TRUST


NICOLETTE D. PARRISH

Nicolette D. Parrish
Vice-President and Assistant Secretary

Stein Roe Mutual Funds  One South Wacker Drive  Chicago, IL 
60606-4685  312.368.7700
Liberty Securities Corporation, Distributor




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