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MILWAUKEE LAND COMPANY LISTS ON THE AMERICAN STOCK EXCHANGE

 NEW YORK, July 1 /PRNewswire/ -- Milwaukee Land Company today commenced trading on the American Stock Exchange. The company's common stock, trading under the ticker symbol "MWK", opened at 11:15 a.m. at 6 7/8 (bid) to 7 1/8 (ask). The company has selected J. Streicher & Co. as its specialist firm.
 Milwaukee Land Company is a registered closed-end management investment company engaged in the management of its investment securities and through its affiliates in Heartland Partners, L.P. and CMC Heartland partners, in the ownership, management, development, leasing and sale of real estate properties.
 Edwin Jacobson, president and chief executive officer commented, "We are pleased to be listing Milwaukee Land Company on the American Stock Exchange. We chose the AMEX auction market because we believe in the efficiencies of trading on a centralized marketplace where specialists pay particular attention to maintaining the most narrow of spreads and providing liquidity."
 The American Stock Exchange occupies a unique niche among U.S. financial markets. It is the only exchange to successfully provide both a primary equities market for growth companies, as well as a principal market to trade derivatives. No other exchange has balanced traditional and cutting edge trading products. And because of the efficiencies associated with the AMEX auction marketplace, investors of all sizes achieve the greatest value and protection.
 -0- 7/1/93
 /CONTACT: Melissa Grand, manager - equities communications, of American Stock Exchange, 212-306-1635/
 (MWK)


CO: Milwaukee Land Company ST: IN: FIN SU:

MP -- NY062 -- 7731 07/01/93 12:25 EDT
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Publication:PR Newswire
Date:Jul 1, 1993
Words:254
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