MAXXAM GROUP INC <MXM> 4TH QTR LOSS
Shr loss 1.61 dlrs vs loss 47 cts
    Net loss 19.2 mln vs loss 5,716,000
    Revs 46.4 mln vs 11.0 mln
    Year
    Shr loss 2.01 dlrs vs loss 29 cts
    Net loss 24.5 mln vs loss 3,548,000
    Revs 150.2 mln vs 24.4 mln
    NOTE: 1985 net includes tax credits of 7,336,000 dlrs in
quarter and 10.2 mln dlrs in year.
    Results include 64.7 pct stake in Pacific Lumber Co from
December 1985 through February 1987 and 100 pct thereafter.
 Reuter
