<ARTICLE> 5 <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS OF BADGER PAPER MILLS, INC. AS OF AND FOR THE PERIOD ENDING SEPTEMBER 30, 1999 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> SEP-30-1999 <CASH> 803 <SECURITIES> 500 <RECEIVABLES> 6,158 <ALLOWANCES> 0 <INVENTORY> 7,427 <CURRENT-ASSETS> 16,820 <PP&E> 66,984 <DEPRECIATION> 39,936 <TOTAL-ASSETS> 46,275 <CURRENT-LIABILITIES> 10,892 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 2,700 <OTHER-SE> 205 <TOTAL-LIABILITY-AND-EQUITY> 46,275 <SALES> 49,407 <TOTAL-REVENUES> 49,407 <CGS> 44,855 <TOTAL-COSTS> 48,472 <OTHER-EXPENSES> 582 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 795 <INCOME-PRETAX> 722 <INCOME-TAX> 246 <INCOME-CONTINUING> 476 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 476 <EPS-BASIC> .24 <EPS-DILUTED> .24