Issuer Name:                 The Ziegler Companies, Inc.
Reporting Person:            Ziegler, Peter D.
                             4363 Stoney Lane
                             Slinger, Wisconsin 53086
Social Security Number:      ###-##-####
Statement for:               November 1997
Relationship of
Reporting Person
to Issuer:                   Officer - President and Chief Executive Officer
Title of Security:           Common Stock
Transaction Date:            November 20, 1997
Transaction Code:            J (acquired through the 
                             1989 Employees' Stock Purchase Plan)
Amount of
Securities Acquired:         1,000
Price:                       $18.33
Amount of Securities
Beneficially Owned
at End of Month:             13,120
Ownership Form:              Direct
Amount of Securities
Beneficially Owned
at End of Month:             3,400
Ownership Form:              Indirect (Custodian)
Amount of Securities
Beneficially Owned
at End of Month:             10,450
Ownership Form:              Indirect (Co-Trustee)
Amount of Securities
Beneficially Owned
at End of Month:             1,800
Ownership Form:              Indirect (Children)
[{"type": "4", "sequence": "1", "description": "FORM 4 FOR PETER ZIEGLER FOR MONTH ENDED 11-97", "secsgml_size_bytes": 1175}]
Issuer Name:                 The Ziegler Companies, Inc.
Reporting Person:            Ziegler, Peter D.
                             4363 Stoney Lane
                             Slinger, Wisconsin 53086
Social Security Number:      ###-##-####
Statement for:               November 1997
Relationship of
Reporting Person
to Issuer:                   Officer - President and Chief Executive Officer
Title of Security:           Common Stock
Transaction Date:            November 20, 1997
Transaction Code:            J (acquired through the 
                             1989 Employees' Stock Purchase Plan)
Amount of
Securities Acquired:         1,000
Price:                       $18.33
Amount of Securities
Beneficially Owned
at End of Month:             13,120
Ownership Form:              Direct
Amount of Securities
Beneficially Owned
at End of Month:             3,400
Ownership Form:              Indirect (Custodian)
Amount of Securities
Beneficially Owned
at End of Month:             10,450
Ownership Form:              Indirect (Co-Trustee)
Amount of Securities
Beneficially Owned
at End of Month:             1,800
Ownership Form:              Indirect (Children)