FRANK B. HALL AND CO INC &lt;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.
  

