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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 DQ+tFiQX2jQ55BUIFbrlCw==

<SEC-DOCUMENT>0000950130-00-000373.txt : 20000203
<SEC-HEADER>0000950130-00-000373.hdr.sgml : 20000203
ACCESSION NUMBER:		0000950130-00-000373
CONFORMED SUBMISSION TYPE:	497J
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20000202

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MIDCAP SPDR TRUST SERIES 1
		CENTRAL INDEX KEY:			0000936958
		STANDARD INDUSTRIAL CLASSIFICATION:	 []
		IRS NUMBER:				137077797
		STATE OF INCORPORATION:			NY

	FILING VALUES:
		FORM TYPE:		497J
		SEC ACT:		
		SEC FILE NUMBER:	033-89088
		FILM NUMBER:		520271

	BUSINESS ADDRESS:	
		STREET 1:		86 TRINITY PL
		STREET 2:		PDR SERVICES CORP C/O AMEX INC
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10006

	MAIL ADDRESS:	
		STREET 1:		101 BARCLAY ST
		STREET 2:		17 W FL
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10286
</SEC-HEADER>
<DOCUMENT>
<TYPE>497J
<SEQUENCE>1
<DESCRIPTION>CORRESPONDENCE
<TEXT>

<PAGE>



                           CARTER LEDYARD & MILBURN
                                 2 Wall Street
                           New York, New York 10005
                                 (212)732-3200


                                                                February 2, 2000

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

Re: MidCap SPDR Trust, Series 1
    File #033-89088
    Rule 497(j) Filing

Dear Sir/Madam:

  On behalf of the Registrant, the undersigned certifies that the form of
Prospectus that would have been filed under Section 497(b) would not have
differed from that contained in the text of the Registrant's most recent
registration statement that was filed electronically via EDGAR with the
Securities and Exchange Commission on January 26, 2000.


                                                Very truly yours,

                                            /s/ Kathleen H. Moriarty, Esq.
                                            -----------------------------
                                                Kathleen H. Moriarty, Esq.


cc: Houghton Hallock, Jr.
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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