<ARTICLE>                 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM 
THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED 
DECEMBER 31, 1994 OF MOSINEE PAPER CORPORATION AND IS QUALIFIED IN 
ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER>               1,000
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-END>                               DEC-31-1994
<CASH>                                           1,555
<SECURITIES>                                         0
<RECEIVABLES>                                   28,360
<ALLOWANCES>                                   (2,153)
<INVENTORY>                                     30,600
<CURRENT-ASSETS>                                63,047
<PP&E>                                         337,801
<DEPRECIATION>                               (143,780)
<TOTAL-ASSETS>                                 265,083
<CURRENT-LIABILITIES>                           36,735
<BONDS>                                              0
<COMMON>                                        25,984
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                      62,867
<TOTAL-LIABILITY-AND-EQUITY>                   265,083
<SALES>                                        266,707
<TOTAL-REVENUES>                               266,707
<CGS>                                          217,502
<TOTAL-COSTS>                                   23,234
<OTHER-EXPENSES>                                 (580)
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               5,010
<INCOME-PRETAX>                                 21,541
<INCOME-TAX>                                     8,500
<INCOME-CONTINUING>                             13,041
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                          750
<NET-INCOME>                                    12,291
<EPS-PRIMARY>                                     1.71
<EPS-DILUTED>                                        0