INSURED MUNICIPAL SECURITIES TRUST 35TH DISCOUNT SER & SER 8
24F-2NT, 1997-02-26
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                     U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 24F-2
                        Annual Notice of Securities Sold
                             Pursuant to Rule 24f-2

             Read instructions at end of Form before preparing Form.
                              Please print or type.


1.  Name and address of issuer:

    Reich & Tang Distributors L.P.
    600 Fifth Avenue
    New York, New York  10020-2302

2.  Name of each series or class of funds for which this notice is filed:

    Insured Municipal Securities Trust Series 8

3.  Investment Company Act File Number:                811-2868

    Securities Act File Number:                        33-21608

4.  Last day of fiscal year for which this notice is filed:  December 31, 1996

5.  Check box if this notice is being filed more than 180 days after the close
    of the issuer's fiscal year for purposes of reporting securities sold
    after the close of the fiscal year but before termination of the issuer's
    24f-2 declaration:  /  /

6.  Date of termination of issuer's declaration under rule 24f-2(a)(1), if
    applicable (see instruction A.6):

    Not Applicable

7.  Number and amount of s curities of the same class or series which had been
    registered under the Securities Act of 1933 other than pursuant to rule
    24f-2 in a prior fiscal year, but which remained unsold at the beginning
    of the fiscal year:

    None

8.  Number and amount of securities registered during the fiscal year other
    than pursuant to rule 24f-2:

    None



11939.0000 339715.1

<PAGE>



9.  Number and aggregate sale price of securities sold during the fiscal year:

    0 Shares                                 $0

10. Number and aggregate sale price of securities sold during the fiscal year
    in reliance upon registration pursuant to rule 24f-2:

    0 Shares                                 $0

11. Number and aggregate sale price of securities issued during the fiscal
    year in connection with dividend reinvestment plans, if applicable (see
    instruction B.7):

    Not Applicable

12. Calculation of registration fee:


     (i)   Aggregate sale price of securities sold
           during the fiscal year in reliance on rule
           24f-2 (from Item 10)                             $    0
                                                            -------------------

     (ii)  Aggregate price of shares issued in
           connection with dividend reinvestment plans
           (from Item 11, if applicable):                   +    0
                                                            -------------------

     (iii) Aggregate price of shares redeemed or
           repurchased during the fiscal year (if
           applicable):                                     -    51,082.42
                                                            -------------------

     (iv)  Aggregate price of shares redeemed or
           repurchased and previously applied as a
           reduction to filing fees pursuant to rule
           24e-2 (if applicable):                           +    0
                                                            -------------------

     (v)   Net aggregate price of securities sold and
           issued during the fiscal year in reliance on
           rule 24f-2 [line (i), plus line (ii), less
           line (iii), plus line (iv)] (if applicable):
                                                                 0 
                                                            -------------------

     (vi)  Multiplier prescribed by Section 6(b) of the
           Securities Act of 1933 or other applicable
           law or regulation (see instruction C.6):         x    1/3300 
                                                            -------------------

     (vii) Fee due [line (i) or line (v) multiplied by
           line (vi)]:                                      $    0
                                                            -------------------

    Instruction:  Issuers should complete lines (ii), (iii), (iv) and (v) 
          only if the form is being filed within 60 days after the close 
          of the issuer's fiscal year.  See instruction C.3.

13. Check Box if fees are being remitted to the Commission's lockbox
    depository as described in section 3a of the Commission's Rules of
    Informal and Other Procedures (17 CFR 202.3a).  /  /



    Date of mailing or wire transfer of fil ng fees to the Commission's
    lockbox depository:


11939.0000 339715.1

<PAGE>



                                  SIGNATURES

    This report has been signed below by the following persons on behalf of
    the issuer and in the capacities and on the dates indicated.


    By (Signature and Title)*           _______________________________________

                                        Peter J. DeMarco, Authorized Signatory


    Date: February 24, 1997






* Please print the name and title of the signing officer below the signature.

11939.0000 339715.1




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