PROGRESSIVE SAVINGS <PRSL> 4TH QTR LOSS
Shr loss 1.05 dlrs vs profit three cts
    Net loss 4,477,000 vs profit 107,818
    Revs 10.9 mln vs 13.8 mln
    Year
    Shr loss 79 cts vs profit three cts
    Net loss 3,364,058 vs profit 123,880
    Revs 50.9 mln vs 57.2 mln
    Note: Full name Progressive Savings and Loan Association.
    Current year figures include 5.1 mln dlr incrase to
reserves for estimated real estate and loan losses.
 Reuter
