UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Quarter Ended: December 31,1999
Institutional Investment Manager Filing this Report:
Name: Schaper, Benz & Wise Investment Counsel, Inc.
Address: 18 Jewelers Park Drive
Suite 200
Neenah, WI 54956
13F File Number: 28-6036
The institutional investment manager filing this report and the
person by whom it is signed hereby represent that the person
signing the report is authoirized to submit it, that all
information contained herein is true, correct and complete, and
that it is understood that all required items, statements, and
schedules, lists and tables, are considered integral parts of this form.
Person signing this Report on Behalf of Reporting Manager:
Name: Michael L. Wise
Title: Vice-President & Secretary
Phone: 920-727-1137
Signature, Place and Date of Signing:
Michael L. Wise Neenah, WI January 21, 2000
Report type:
[ X ] 13F Holdings Report
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Table Entry Total: 99
Form 13F Information Table Value Total: $239,673
List of Other Included Managers:
<PAGE>
<TABLE>
FORM 13F
INFORMATION TABLE
VALUE SHARES/ SH/
PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN
CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- ---
- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C>
<C> <C> <C> <C> <C> <C>
AFLAC COM 001055102 3732 79085.000SH
SOLE 79085.000
AT&T COM 001957109 461 9082.000 SH
SOLE 9082.000
AT&T - Liberty Media COM 001957208 336 5918.000 SH
SOLE 5918.000
Abbott Labs COM 002824100 1232 33916.000SH
SOLE 33916.000
Adobe Systems COM 00724F101 1500 22300.000SH
SOLE 22300.000
Albany International COM 012348108 1595 102920.040SH
SOLE 102920.040
Altera COM 021441100 6652 134210.000SH
SOLE 134210.000
American Express COM 025816109 4835 29082.000SH
SOLE 29082.000
American International Group COM 026874107 8404 77729.000SH
SOLE 77729.000
Anchor BanCorp COM 032839102 305 20151.000SH
SOLE 20151.000
Associated Bancorp COM 045487105 7404 216161.999SH
SOLE 216161.999
Automatic Data Processing COM 053015103 2850 52900.000SH
SOLE 52900.000
BP Amoco PLC ADR COM 055622104 231 3903.000 SH
SOLE 3903.000
Bank One COM 059438101 1358 42429.000SH
SOLE 42429.000
Banta COM 066821109 576 25525.000SH
SOLE 25525.000
Bell Atlantic COM 077853109 698 11333.000SH
SOLE 11333.000
BellSouth COM 079860102 203 4339.999 SH
SOLE 4339.999
Bemis COM 081437105 2617 75037.000SH
SOLE 75037.000
Biomet COM 090613100 4117 102925.000SH
SOLE 102925.000
Bristol Myers - Squibb COM 110122108 2212 34469.000SH
SOLE 34469.000
Cisco Systems COM 17275R102 400 3730.000 SH
SOLE 3730.000
Coca-Cola COM 191216100 381 6540.000 SH
SOLE 6540.000
Comcast COM 200300200 4854 96000.000SH
SOLE 96000.000
Cox Communications COM 224044107 5019 97450.000SH
SOLE 97450.000
Danka Business Systems - ADR COM 236277109 176 13900.000SH
SOLE 13900.000
Dionex COM 254546104 5251 127485.000SH
SOLE 127485.000
Dow Chemical COM 260543103 254 1900.000 SH
SOLE 1900.000
Echo Bay Mines COM 278751102 59 50000.000SH
SOLE 50000.000
Eli Lilly COM 532457108 512 7700.000 SH
SOLE 7700.000
Exactech COM 30064E109 1078 91300.000SH
SOLE 91300.000
Exxon Mobil COM 30231G102 2035 25264.000SH
SOLE 25264.000
Fair Isaac & Company COM 303250104 1591 30025.000SH
SOLE 30025.000
Federated Investors COM 314211103 1603 79900.000SH
SOLE 79900.000
First Data Corporation COM 319963104 2453 49748.000SH
SOLE 49748.000
First Health COM 421928102 3423 127350.000SH
SOLE 127350.000
Firstar COM 33761C103 2190 103682.000SH
SOLE 103682.000
Franklin Resources COM 354613101 1065 33224.000SH
SOLE 33224.000
Gannett COM 364730101 232 2840.000 SH
SOLE 2840.000
Gardner Denver COM 365558105 426 25550.000SH
SOLE 25550.000
General Electric COM 369604103 3363 21735.000SH
SOLE 21735.000
Glaxo COM 37733W105 996 17833.000SH
SOLE 17833.000
IBM COM 459200101 709 6575.074 SH
SOLE 6575.074
Intel COM 458140100 7627 92662.658SH
SOLE 92662.658
J.P. Morgan COM 616880100 462 3650.000 SH
SOLE 3650.000
Johnson & Johnson COM 478160104 1179 12643.885SH
SOLE 12643.885
Keebler Foods COM 487256109 1096 38975.000SH
SOLE 38975.000
Kimberly-Clark COM 494368103 5295 80911.526SH
SOLE 80911.526
Kimberly-Clark De Mexico - ADR COM 494386204 379 19400.000SH
SOLE 19400.000
Linear Technology COM 535678106 6075 84895.000SH
SOLE 84895.000
Lucent Technologies COM 549463107 278 3704.000 SH
SOLE 3704.000
Lumenon Innovative Lightwave COM 55024L109 201 7800.000 SH
SOLE 7800.000
Marsh & McLennan COM 571748102 4824 50409.000SH
SOLE 50409.000
Marshall & Ilsley COM 571834100 3401 54140.000SH
SOLE 54140.000
Medtronic COM 585055106 700 19200.000SH
SOLE 19200.000
Merchants Bancorp COM 588438101 420 14800.000SH
SOLE 14800.000
Merck COM 589331107 2544 37861.862SH
SOLE 37861.862
Microsoft COM 594918104 1891 16195.000SH
SOLE 16195.000
Minnesota Mining and Manufactu COM 604059105 215 2200.000 SH
SOLE 2200.000
Molex COM 608554101 890 15703.000SH
SOLE 15703.000
Molex - Class A COM 608554200 3980 87948.000SH
SOLE 87948.000
Motorola COM 620076109 851 5780.000 SH
SOLE 5780.000
National City Corporation COM 635405103 358 15114.433SH
SOLE 15114.433
National Health Investors COM 63633D104 676 45450.000SH
SOLE 45450.000
Nestle - ADR COM 641069406 1124 12335.000SH
SOLE 12335.000
New Plan Excel Realty COM 648053106 1577 99750.000SH
SOLE 99750.000
Nike COM 654106103 1494 30150.000SH
SOLE 30150.000
Noble Affiliates COM 654894104 2387 111350.000SH
SOLE 111350.000
North Fork Bancorp COM 659424105 275 15800.000SH
SOLE 15800.000
Old Kent Financial COM 679833103 230 6514.000 SH
SOLE 6514.000
Pepsico COM 713448108 282 8000.000 SH
SOLE 8000.000
Pfizer COM 717081103 4147 127851.000SH
SOLE 127851.000
Philip Morris COM 718154107 578 25144.000SH
SOLE 25144.000
Procter & Gamble COM 742718109 778 7100.000 SH
SOLE 7100.000
Quaker Oats COM 747402105 282 4300.000 SH
SOLE 4300.000
Reuters Group - ADR COM 76132M102 656 8115.000 SH
SOLE 8115.000
SBC Communications COM 78387G103 603 12374.000SH
SOLE 12374.000
SLM Holding Corp. COM 863871505 1082 25600.000SH
SOLE 25600.000
Schering Plough COM 806605101 19900 469611.000SH
SOLE 469611.000
Schlumberger COM 806857108 1580 28160.000SH
SOLE 28160.000
Schweitzer-Mauduit Internation COM 808541106 468 34837.000SH
SOLE 34837.000
Scudder New Asia Fund COM 811183102 754 38050.000SH
SOLE 38050.000
Sigma-Aldrich COM 826552101 1558 51825.289SH
SOLE 51825.289
Solectron COM 834182107 14367 151030.000SH
SOLE 151030.000
Sprint COM 852061100 714 10600.000SH
SOLE 10600.000
Sterling Commerce COM 859205106 1645 48375.000SH
SOLE 48375.000
SunGard Data Systems COM 867363103 5359 225650.000SH
SOLE 225650.000
Synovus Financial COM 87161C105 450 22650.000SH
SOLE 22650.000
Sysco COM 871829107 2864 72400.000SH
SOLE 72400.000
Transatlantic Holdings COM 893521104 1065 13637.000SH
SOLE 13637.000
Tyco Intl COM 902124106 565 14500.000SH
SOLE 14500.000
Wachovia COM 929771103 1499 22046.000SH
SOLE 22046.000
Walgreen COM 931422109 2837 97000.000SH
SOLE 97000.000
Walt Disney COM 254687106 2160 73841.307SH
SOLE 73841.307
Waste Management COM 94106L109 1626 94605.000SH
SOLE 94605.000
Weingarten Realty COM 948741103 1526 39200.000SH
SOLE 39200.000
Wells Fargo COM 949746101 1486 36746.000SH
SOLE 36746.000
Albany International COM 012348108 458 29580.000SH
SOLE 29580.000
Kimberly-Clark COM 494368103 26473 404560.000SH
SOLE 404560.000
Weyerhaeuser COM 962166104 2092 29127.000SH
SOLE 29127.000
</TABLE>
