FRANK B. HALL AND CO INC <FBH> 4TH QTR LOSS
Oper shr loss 30 cts vs loss 25 cts
    Oper net loss 2,138,000 vs loss 2,312,000
    Revs 99.3 mln vs 89.4 mln
    Year
    Oper shr loss 40 cts vs profit 47 cts
    Oper net profit 4,294,000 vs profit 8,793,000
    Revs 390.9 mln vs 360.5 mln
    NOTE: Excludes discontinued operations loss of 1.33 dlrs a
share vs 5.35 dlrs a share in the quarter, and loss 1.52 dlrs a
share vs loss 13.64 dlrs in the full year.
    Fourth quarter 1986 includes reserve of nine mln dlrs for
operations company plans to sell.
    Per share figures come after preferred dividend
requirements.
 Reuter
