CHARTER CO &lt;QCHR> 4TH QTR OPER LOSS
  Oper shr loss one ct vs loss four cts
      Oper net loss 336,000 vs profit 2,631,000
      Revs 237.2 mln vs 382.3 mln
      Avg shrs 47.4 mln vs 16.5 mln
      Year
      Oper shr profit 21 cts vs profit 12 cts
      Oper profit 9,922,000 vs profit 15.1 mln
      Revs 1.1 billion vs 1.6 billion
      Avg shrs 47.4 mln vs 16.5 mln
      NOTE: 1986 4th qtr and year oper net excludes a gain of
  28.6 mln dlrs and 28.5 mln dlrs or 60 cts per share,
  respectively, for discontinued operations.
      1986 4th qtr and year oper net excludes a gain of 90.5 mln
  dlrs or 1.91 dlr per share and 114.8 mln dlrs or 2.42 dlrs per
  share, respectively, mainly for settlement of dioxin-related
  claims in reorganization proceedings.
      1985 4th qtr and year oper net excludes a loss of 41.2 mln
  dlrs or 2.51 dlrs per share and a loss of 36.3 mln dlrs or 2.21
  dlrs per share, respectively, for discontinued operations.
      1985 4th qtr and year oper net excludes a gain of 25.6 mln
  dlrs or 1.56 dlr per share and 29.4 mln dlrs or 1.79 dlrs per
  share for settlement of claims and utilization of tax loss
  carryforward.
      1985 year oper net also excludes a loss of seven mln dlrs
  for change in inventory evaluation method.
  

