TEMPLETON GROWTH & TREASURY TRUST SERIES 1
497J, 2000-01-03
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                      NIKE SECURITIES L.P.
                      1001 WARRENVILLE ROAD
                      LISLE, ILLINOIS 60532

                        January 3, 2000



Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C.  20549-1004

Attn:  Filing Desk, Stop 1-4


     Re:     Templeton Growth and Treasury Trust, Series 1
            (SEC File No. 33-31084)(CIK No. 0853567)

Ladies/Gentlemen:

     In   accordance  with  the  provisions  of  Rule  497(j)  of
Regulation  C  under the Securities Act of 1933 (the  "Securities
Act")  this  letter serves to certify that the most  recent  post
effective amendment to the registration statement on Form S-6 for
the  above captioned Trust does not differ from that which  would
have  been filed pursuant to Rule 497(b)  of the Securities  Act.
post  effective  Amendment No. 6 which was the most  recent  post
effective  Amendment  to the Registration  Statement,  was  filed
electronically with the Commission on December 30, 1999.

                                    Very truly yours,




                                    NIKE SECURITIES L.P.




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