WISCONSIN ELECTRIC <WTC> OFFERS PREFERRED
Wisconsin Electric Power Co said it
began a public offering of 700,000 shares of serial preferred
stock, 6-3/4 pct series, 100 dlrs par value, at a price of 100
dlrs per share.
    The shares are being offered pursuant to a shelf
registration covering 700,000 sahres of serial preferred stock
which the company filed on February 19, 1987.
    Proceeds will be used to redeem outstanding preferred stock
or for repayment of short-term indebtedness.
 Reuter
