January 29, 1999



James F. Hillman
Metzler Group Inc.
615 North Wabasha Ave.
Chicago, IL  60611


RE:     Schedule 13G


Enclosed pursuant to Rule 13d-1(b) under the Securities Exchange Act of 1934
is a report on Schedule 13G reporting beneficial ownership at December 31,
1998 by American Express Company and American Express Financial Corporation
in common stock of Metzler Group Inc.


Sincerely,



Steve Turbenson
Director - External Reports and Tax




Enclosure






                      SECURITIES AND EXCHANGE COMMISSION

                           Washington, D. C. 20549

                                 SCHEDULE 13G


                Under the Securities and Exchange Act of 1934



                               Metzler Group Inc.
- ------------------------------------------------------------------------------
                               (Name of Issuer)



                                 Common Stock
- ------------------------------------------------------------------------------
                        (Title of Class of Securities)



                                 592903-10-8
- ------------------------------------------------------------------------------
                                (CUSIP Number)



 


The information required in the remainder of this cover page (except any
items to which the form provides a cross-reference) shall not be deemed to be
"filed" for the purpose of Section 18 of the Securities Exchange Act of 1934
("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act.









                           CUSIP NO. 592903-10-8


1)   Name of Reporting Person               American Express Company

     S.S. or I.R.S. Identification          IRS No. 13-4922250
     No. of Above Person

- ------------------------------------------------------------------------------

2)   Check the Appropriate Box                  (a)               
     if a Member of a Group                     (b) X - Joint Filing 

- ------------------------------------------------------------------------------

3)   SEC Use Only

- ------------------------------------------------------------------------------

4)   Citizenship or Place of Organization       New York

      NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
     (5) Sole Voting Power                     -0-         
     (6) Shared Voting Power                   1,044,789   
     (7) Sole Dispositive Power                -0-         
     (8) Shared Dispositive Power              2,871,489   

- ------------------------------------------------------------------------------

9)   Aggregate Amount Beneficially
     Owned by Each Reporting Person            2,871,489

- ------------------------------------------------------------------------------

10)  Check if the Aggregate Amount in
     Row (9) Excludes Certain Shares           Not Applicable

- ------------------------------------------------------------------------------

11)  Percent of Class Represented by
     Amount In Row (9)                         7.9%

- ------------------------------------------------------------------------------

12)  Type of Reporting Person                  CO, HC

- ------------------------------------------------------------------------------





                            CUSIP NO. 592903-10-8


1) Name of Reporting Person             American Express Financial Corporation

     S.S. or I.R.S. Identification      IRS No. 13-3180631
     No. of Above Person

- ------------------------------------------------------------------------------

2)   Check the Appropriate Box                  (a)               
     if a Member of a Group                     (b) X - Joint Filing  

- ------------------------------------------------------------------------------

3)   SEC Use Only

- ------------------------------------------------------------------------------

4)   Citizenship or Place of Organization       Delaware

      NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
     (5) Sole Voting Power                      -0-         
     (6) Shared Voting Power                    1,044,789   
     (7) Sole Dispositive Power                 -0-         
     (8) Shared Dispositive Power               2,871,489   
- ------------------------------------------------------------------------------

- ------------------------------------------------------------------------------

9)   Aggregate Amount Beneficially
     Owned by Each Reporting Person             2,871,489

- ------------------------------------------------------------------------------

10)  Check if the Aggregate Amount in
     Row (9) Excludes Certain Shares            Not Applicable

- ------------------------------------------------------------------------------

11)  Percent of Class Represented by
     Amount In Row (9)                          7.9%

- ------------------------------------------------------------------------------

12)  Type of Reporting Person                   CO, IA

- ------------------------------------------------------------------------------



1(a)    Name of Issuer:                   Metzler Group Inc.

1(b)    Address of Issuer's Principal     615 North Wabasha Ave.
        Executive Offices:                Chicago, IL  60611

2(a)    Name of Person Filing:            American Express Company
                                          American Express Financial Corporation
 

2(b) Address of Principal Business Office:American Express Company
                                          American Express Tower
                                          200 Vesey Street
                                          New York, NY  10285

                                          American Express Financial Corporation
                                          IDS Tower 10
                                          Minneapolis, MN  55440

 
2(c)    Citizenship:                      See Item 4 of Cover Page

2(d)    Title of Class of Securities:     Common Stock

2(e)    Cusip Number:                     592903-10-8

3       Information if statement is filed pursuant to Rules 13d-1(b) or
          13d-2(b):
          American Express Company, one of the persons filing this statement,
          is a Parent Holding Company in accordance with Rule 13d-1(b)(ii)(G).

          American Express Financial Corporation, one of the persons filing
          this statement, is an Investment Advisor registered under section
          203 of the Investment Advisors Act of 1940.


4(a)    Amount Beneficially Owned as of December 31, 1998:   See Item 9 of 
        Cover Pages
4(b)    Percent of Class:    See Item 11 of Cover Pages
4(c)    Number of Shares as to which such person has:
        (i)  Sole power to vote or to direct the vote:See Item 5 of Cover Pages
        (ii) Shared power to vote or direct the vote:See Item 6 of Cover Pages
        (iii)Sole power to dispose or to direct the disposition of:
             See Item 7 of Cover Pages
        (iv) Shared power to dispose or to direct the disposition of:   See
             Item 8 of Cover Pages


5       Ownership of 5% or Less of a Class:
        If this statement is being filed to report the fact as of the
        date hereof the reporting person has ceased to be the
        beneficial owner of more than five percent of the class of
        securities, check the following  (  ).

6       Ownership of more than 5% on Behalf of Another Person:

                                   Not Applicable

7       Identification and Classification of the Subsidiary Which Acquired
        the Security Being Reported on by the Parent Holding Company:

                                   See Exhibit I

8       Identification and Classification of Members of the Group:

                                   Not Applicable

9       Notice of Dissolution of Group:

                                   Not Applicable

10      Certification:

          By signing below I certify that, to the best of my knowledge
      and belief, the securities referred to above were acquired in the
      ordinary course of business and were not acquired for the purpose
      of and do not have the effect of changing or influencing the
      control of the issuer of such securities and were not acquired in
      connection with or as a participant in any transaction having
      such purposes or effect.

          After reasonable inquiry and to the best of my knowledge and
      belief, I certify that the information set forth in this
      statement is true, complete and correct.
                                          American Express Financial Corporation

Dated:  December 31, 1998                        By                             
                                             Signature


                                             Steve Turbenson
                                             Director - External Reports 
                                             and Tax
                                             Name/Title

                                             Telephone:  (612)  671-2059



                               Exhibit Index


Exhibit I       Identification and Classification of the Subsidiary which
                Acquired the Security Being Reported on by the Parent Holding
                Company.

Exhibit II      Statement of American Express Company

Exhibit III     Statement of American Express Financial Corporation



                                  Exhibit I

                                      to

                                 Schedule 13G

     One of the persons filing this statement is a parent holding company.
The relevant subsidiary, American Express Financial Corporation, a Delaware
Corporation, is registered as investment advisor under section 203 of the
Investment Advisors Act of 1940.


                                 EXHIBIT II

                                      to

                               SCHEDULE 13G

                                 under the

                      Securities Exchange Act of 1934

American Express Company, American Express Tower, World Financial Center,
New York, New York disclaims beneficial ownership of the securities
referred to in the Schedule 13G to which this exhibit is attached, and the
filing of this Schedule 13G shall not be construed as an admission that
American Express Company is, for the purpose of Section 13(d) or 13(g) of
the Securities Exchange Act of 1934, the beneficial owner of any
securities covered by this Schedule 13G.

Pursuant to Rule 13d-1(f) (1) and subject to the preceding disclaimer,
American Express Company affirms it is individually eligible to use
Schedule 13G and agrees that this Schedule is filed on its behalf, and
authorizes the President, any Vice President, the comptroller, the
Secretary, the General Counsel, any Associate General Counsel or any
Counsel, each with power to act singly, of each subsidiary of American
Express Company making this filing to sign this statement on behalf of
American Express Company.


                                   AMERICAN EXPRESS COMPANY



                                   By:____________________________
                                   Name:        Stephen P. Norman
                                   Title:       Secretary


                                 Exhibit III

                                      to

                                 Schedule 13G

                                  Under the

                       Securities Exchange Act of 1934


     Pursuant to Rule 13d-1(f)(1), American Express Financial Corporation
affirms that it is individually eligible to use Schedule 13G and agrees that
this Schedule is filed in its behalf.


                                   American Express Financial Corporation


                                        By:                             
                                           Steve Turbenson
                                           Director - External Reports
                                           and Tax