NATIONAL MUNICIPAL TRUST ONE HUNDRED TWENTIETH SERIES, 497J, 1994-07-06

NATIONAL MUNICIPAL TRUST ONE HUNDRED TWENTIETH SERIES
497J, 1994-07-06

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                                              Rule 497(j)
                                              Reg. No. 33-31583

Pursuant to Rule 497(j) promulgated under the Securities Act of
1933, the Registrant, National Municipal Trust, One Hundred and
Twentieth Series and Twenty-Seventh Multistate Series 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 con-
     tained in the most recent amendment to the registration
     statement, and

2)   the text of the said amendment to the registration state-   
     ment has been filed electronically.

                          NATIONAL MUNICIPAL TRUST
                          ONE HUNDRED AND TWENTIETH SERIES       
                          TWENTY-SEVENTH MULTISTATE SERIES       
                          (Registrant)
                                  

    
                           By:  Prudential Securities
                                Incorporated

                                                                
                                                                 

                                 William W. Huestis 
                                 William W. Huestis 
                                 First Vice President
                                 Authorized Signatory

Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D. C.  20549