SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
APPLIED POWER, INC.
(NAME OF ISSUER)
COMMON SHARES WITHOUT PAR VALUE
(Title of Class of Securities)
038225108
(CUSIP Number)
DECEMBER 31, 1994
(Date)
Check the following box if fee is being paid with this statement
CUSIP NO. 038225108
1) Names of Reporting Persons I.R.S. No. 31-0738296
S.S. or I.R.S. Identification Nos. of BANC ONE CORPORATION
Above Persons
2) Check the Appropriate Box if a
Member of a Group (a) ____________________
(See Instructions) (b) ____________________
3) SEC Use only
4) Citizenship or Place of
Organization OHIO CORPORATION
Number of Shares (5) Sole Voting Power 239,596
Beneficially (6) Shared Voting Power -0-
Owned by (7) Sole Dispositive Power 36,000
Each Reporting (8) Shared Dispositive Power 203,596
Person with
9) Aggregate Amount Beneficially 552,121
Owned by Each Reporting Person
10) Check if the Aggregate Amount
in Row (9) Excludes Certain
Shares (See Instructions)
11) Percent of Class Represented
by Amount in Row 9 4.17%
12) Type of Reporting Person
(See Instructions) HC
Item 1(a) Name of Issuer: APPLIED POWER, INC.
Item 1(b) Address of Issuer's principal executive
offices: 13000 W. SILVER SPRING DR.
BUTLER, WI 53007
Item 2(a) Name of person filing: BANC ONE CORPORATION
Item 2(b) Address of principal business office or, 100 East Broad Street
if none residence: Columbus, Ohio 43271-0251
Item 2(c) Citizenship: Not Applicable
Item 2(d) Title of class of securities: COMMON SHARES WITHOUT PAR VALUE
Item 2(e) CUSIP No.: 038225108
Item 3. This statement is filed pursuant to Rule 13d-1(c).
Item 4. Ownership
This beneficial ownership by BANC ONE CORPORATION with respect to
common shares of APPLIED POWER, INC. as of
December 31, 1994 is as follows:
(a) Amount beneficially owned: 552,121
(b) Percent of class 4.17%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 239,596
(ii) Shared power to vote or to direct the vote: -0-
(iii) Sole power to dispose or to direct the
disposition of: 36,000
(iv) Shared power to dispose or to direct the
disposition of: 203,596
Item 5. Ownership of 5 percent or less of a Class. 4.17%
Item 6. Ownership of More than 5 percent on Behalf of Another Person. N/A
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on By the Parent Holding Company.
BANK ONE WISCONSIN TRUST CO., NA
LIBERTY NATIONAL BANK & TRUST
Item 8. Identification and Classification of Members of the Group. N/A
Item 9. Notice of Dissolution of group. N/A
Item 10. Certification.
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete, and correct.
Dated: FEBRUARY 14, 1995
BANC ONE CORPORATION
By: __/s/ William C. Leiter_________
William C. Leiter, Controller
