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Rule 497 (d)
NATIONAL MUNICIPAL TRUST, SERIES 148
AND MULTISTATE SERIES 50
SUPPLEMENT TO PROSPECTUS
September 11, 1995
Effective September 1, 1995, the Trustee is The
Chase Manhattan Bank (National Association), a natibnal Banking
asociation with its principal executive office located at 1 Chase
Manhattan Plaza, New York, New York 10081 and its unit investment
trust office at 770 Broadway, New York, New York 10003. The
Trustee is subject to supervision by the Comptroller of the
Currency, the Federal Deposit Insurance Corporation and the Board
of Governors of the Federal Reserve System.
The prospectus included in the Registration
Statement for National Municipal Trust, Series 148 and Multistate
Series 50 are hereby incorporated by reference.
