FIRST TRUST SPECIAL SIT TR SER 62 MIDSTATES UTIL TR SER 1
485BPOS, 1999-06-25
Previous: MBLA FINANCIAL CORP, 8-K, 1999-06-25
Next: FIRST TRUST COMBINED SERIES 181, 485BPOS, 1999-06-25




                                  S-1


                                                File No. 33-59032


               SECURITIES AND EXCHANGE COMMISSION
                   WASHINGTON, D.C. 20549-1004

                         POST-EFFECTIVE
                         AMENDMENT NO. 6

                               TO

                            FORM S-6

For Registration Under the Securities Act of 1933 of Securities
of Unit Investment Trusts Registered on Form N-8B-2


       THE FIRST TRUST SPECIAL SITUATIONS TRUST, SERIES 62
                      (Exact Name of Trust)

                      NIKE SECURITIES L.P.
                    (Exact Name of Depositor)

                      1001 Warrenville Road
                     Lisle, Illinois  60532

  (Complete address of Depositors principal executive offices)



          NIKE SECURITIES L.P.     CHAPMAN AND CUTLER
          Attn:  James A. Bowen    Attn:  Eric F. Fess
          1001 Warrenville Road    111 West Monroe Street
          Lisle, Illinois  60532   Chicago, Illinois  60603


        (Name and complete address of agents for service)

It is proposed that this filing will become effective (check
appropriate box)

:____:    immediately upon filing pursuant to paragraph (b)
:__X_:    June 30, 1999
:____:    60 days after filing pursuant to paragraph (a)
:____:    on (date) pursuant to paragraph (a) of rule (485 or
486)

     Pursuant to Rule 24f-2 under the Investment Company  Act  of
1940,   the  issuer  has  registered  an  indefinite  amount   of
securities.   A 24f-2 Notice for the offering was last  filed  on
May 26, 1999.
              CONTENTS OF POST-EFFECTIVE AMENDMENT
                    OF REGISTRATION STATEMENT


     This  Post-Effective  Amendment  of  Registration  Statement
comprises the following papers and documents:

                          The facing sheet

                          The purpose of the Amendment

                          The signatures




                  THE PURPOSE OF THE AMENDMENT

     The   purpose   of  this  amendment  is  to  terminate   the
declaration  made  pursuant to Rule 24f-2 promulgated  under  the
Investment Company Act of 1940, as amended, because Units of  The
First  Trust  Special Situations Trust, Series 62 are  no  longer
being offered for sale in the secondary market.  A final Rule 24f-
2  Notice with respect to such series has been filed concurrently
with this filing.


                               S-1
                           SIGNATURES

     Pursuant to the requirements of the Securities Act of  1933,
the  Registrant, The First Trust Special Situations Trust, Series
62,   certifies  that  it  meets  all  of  the  requirements  for
effectiveness  of  this Registration Statement pursuant  to  Rule
485(b) under the Securities Act of 1933 and has duly caused  this
Post-Effective  Amendment  of its Registration  Statement  to  be
signed on its behalf by the undersigned thereunto duly authorized
in the Village of Lisle and State of Illinois on June 30, 1999.

                         THE FIRST TRUST SPECIAL SITUATIONS
                           TRUST, SERIES 62
                                    (Registrant)
                         By NIKE SECURITIES L.P.
                                    (Depositor)


                         By Robert M. Porcellino
                                   Vice President


     Pursuant to the requirements of the Securities Act of  1933,
this  Post-Effective Amendment of Registration Statement has been
signed  below by the following person in the capacity and on  the
date indicated:

Signature                  Title*                  Date

Robert D. Van Kampen    Director of         )
                      Nike Securities       )
                     Corporation, the       )
                      General Partner       ) June 30, 1999
                  of Nike Securities L.P.   )
                                            )
                                            )
David J. Allen          Director of         )Robert M. Porcellino
                      Nike Securities       )Attorney-in-Fact**
                      Corporation, the
                      General Partner
                  of Nike Securities L.P.

*    The title of the person named herein represents his capacity
     in and relationship to Nike Securities L.P., the Depositor.

**   An  executed copy of the related power of attorney was filed
     with  the  Securities and Exchange Commission in  connection
     with  Amendment No. 1 to Form S-6 of The First Trust Special
     Situations Trust, Series 18 (File No. 33-42683) and the same
     is hereby incorporated herein by this reference.

                               S-2
                 CONSENT OF INDEPENDENT AUDITORS

We  consent  to  the  reference to our  firm  under  the  caption
"Experts" and to the use of our report dated June 4, 1999 in this
Post-Effective  Amendment  to  the  Registration  Statement   and
related  Prospectus of The First Trust Special  Situations  Trust
dated June 29, 1999.



                                             ERNST & YOUNG LLP




Chicago, Illinois
June 28, 1999




© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission