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Rule 497(j)
Registration No. 33-13352
Pursuant to Rule 497(j) promulgated under the Securities Act of
1933, the Registrant, National Municipal Trust, Discount Series
38 hereby certifies as follows:
1) the form of prospectus that would have been filed under
paragraph (b) of Rule 497 does not differ from that contained in
the most recent amendment to the registration statement, and
2) the text of the said amendment to the registration statement
has been filed electronically.
NATIONAL MUNICIPAL TRUST,
Discount Series 38
By: Prudential Securities Incorporated
(Depositor)
Richard R. Hoffmann
Richard R. Hoffmann
Authorized Signatory