TRUST FOR SHORT-TERM U.S. GOVERNMENT SECURITIES
Supplement to Prospectus dated January 31, 1994
1. Please delete the first sentence of the first paragraph under the
section entitled "Telephone Redemption" on page 8 of the prospectus, and
replace it with the following:
"Shareholders may redeem their shares by telephoning the Trust before
3:00 p.m. (Eastern time)."
2. Please delete the second paragraph under the section entitled
"Telephone Redemption" on page 9 of the prospectus, and replace it with
the following:
"A daily dividend will be paid on shares redeemed if the redemption
request is received after 3:00 p.m. (Eastern time). However, the
proceeds are not wired until the following business day. Redemption
requests received before 3:00 p.m. (Eastern time) will be paid the
same day but will not be entitled to that day's dividend."
July 26, 1994
FEDERATED SECURITIES CORP.
Distributor
898331103
G00447-01-A(7/94)
