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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 WrIGE3md5p49pII19dc9SeS3RJKXF9TH4T3kfS4gI08eabawfKHs3SriPotWSh9P
 4MbIBbqFCII2cgvBwrbyCw==

<SEC-DOCUMENT>0000062741-97-000133.txt : 19970923
<SEC-HEADER>0000062741-97-000133.hdr.sgml : 19970923
ACCESSION NUMBER:		0000062741-97-000133
CONFORMED SUBMISSION TYPE:	40-17F2
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		19970922
SROS:			NASD

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MARSHALL & ILSLEY CORP/WI/
		CENTRAL INDEX KEY:			0000062741
		STANDARD INDUSTRIAL CLASSIFICATION:	NATIONAL COMMERCIAL BANKS [6021]
		IRS NUMBER:				390968604
		STATE OF INCORPORATION:			WI
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-17F2
		SEC ACT:		
		SEC FILE NUMBER:	000-01220
		FILM NUMBER:		97683549

	BUSINESS ADDRESS:	
		STREET 1:		770 N WATER ST
		CITY:			MILWAUKEE
		STATE:			WI
		ZIP:			53202
		BUSINESS PHONE:		4147657801

	MAIL ADDRESS:	
		STREET 1:		770 NORTH WATER ST
		CITY:			MILWAUKEE
		STATE:			WI
		ZIP:			53202
</SEC-HEADER>
<DOCUMENT>
<TYPE>40-17F2
<SEQUENCE>1
<DESCRIPTION>FORM N-17F-2 FOR MARSHALL FUNDS, INC.
<TEXT>

<PAGE>
                              Marshall & Ilsley Corporation
                                 770 North Water Street
                                 Milwaukee, Wisconsin 53202
                                     (414) 765-7801


                                                      September 22, 1997


To Whom It May Concern:

Please disregard Forms N-17f-2 that were filed in error dated August 8, 1997
(Assession Number: 0000062741-97-000109) and September 4, 1997 (Accession
Number: 0000062741-97-124).


                                           Sincerely,

                                           /s/ M. A. Hatfield
                                           ---------------------------------
                                           M. A. Hatfield
                                           Senior Vice President & Secretary

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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