Securities and Exchange Commission
Washington, D.C. 20549
Rule 24f-2 Notice
for
Registration Under the Securities Act of 1933 of Securities of
Unit Investment Trust Registered on Form N-8B-2
Registrant: Municipal Securities Trust
Series 53 and Multi-State Series 42
Registration No. 33-53854
Depositor: Bear, Stearns & Co. Inc.
245 Park Avenue
New York, New York 10167
Gruntal & Co., Incorporated
14 Wall Street
New York, New York 10005
under the Investment Company Act of 1940
Form N-8B-2 File No. 811-2868
(i) Fiscal year for which this Notice is filed:
June 30, 1994
(ii) Number or amount of securities of the same class or series, if any,
which had been registered under the Securities Act of 1933 other
than pursuant to Rule 24f-2 under the Investment Company Act of 1940
but which remained unsold at the beginning of such fiscal year:
None
(iii) Number or aggregate dollar amount of securities, if any, registered
during such fiscal year other than pursuant to Rule 24f-2:
None
(iv) Number or aggregate dollar amount of securities sold during such
fiscal year:
$310,218.03
(v) Number or aggregate dollar amount of securities sold during such
fiscal year in reliance upon Rule 24f-2:
$310,218.03 *
Exhibit: Opinion of Messrs. Battle Fowler.
* The filing fee of $100.00 is calculated in accordance with
Rule 24f-2(c) and Section 6(b) of the Securities Act of 1933 and is
based upon the following: the actual aggregate sales price of the
282 units sold during such fiscal year in reliance upon Rule 24f-2
was $310,218.03; the actual aggregate dollar amount of units
redeemed or repurchased during the fiscal year was $278,151.19; and
the actual aggregate redemption or repurchase price of such
securities previously applied by the issuer pursuant to
Rule 24(e)-2(a) in filings made pursuant to Section 24(e)(1) was $0.
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SIGNATURE
Pursuant to the requirements of Rule 24f-2, the registrant,
Municipal Securities Trust, Series 53 and Multi-State Series 42 has duly
caused this Rule 24f-2 Notice to be signed on its behalf by the
undersigned, thereunto duly authorized, in the City and State of New York,
on this 26th day of August, 1994.
Municipal Securities Trust
Series 53 and Multi-State Series 42
(Registrant)
BEAR, STEARNS & CO. INC.
(Depositor)
By:
Peter J. DeMarco
(Authorized Signatory)
GRUNTAL & CO., INCORPORATED
(Depositor)
By: Bear, Stearns & Co. Inc.
(as Attorney-in-Fact)
By:
Peter J. DeMarco
(Authorized Signatory)
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