MARSHALL & ILSLEY CORP/WI/
424B2, 1994-12-21
NATIONAL COMMERCIAL BANKS
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                                                            Rule 424(b)(2)
                                                            File No. 33-64054

               PRICING SUPPLEMENT  NO.  08  DATED  DECEMBER 21, 1994
                                       ----        -----------------

                (To Prospectus dated July 2,1993 as supplemented
                  by Prospectus Supplement dated July 15, 1993)


                            MARSHALL & ILSLEY CORPORATION

                             Medium-Term Notes, Series C

                  Due from 9 months to 30 years from date of Issue

                                 Fixed Rate Notes



                                -------------------

Trade Date:             12/20/94          Issue Price:            99.725%
                   ----------------                          --------------
Original Issued Date:   12/28/94          Principal Amount:    $300,000.00
                   ----------------                          --------------
                                          Interest Rate
Maturity Date:          12/30/96            Per Annum:             7.840%
                   ----------------                          --------------

Redemption:

            Check box opposite applicable paragraph.

                  [X]   The Notes cannot be redeemed prior to maturity

                  [ ]   The Notes may be redeemed prior to maturity

Terms of Redemption:


Additional Terms:



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