Consolidated Statements of Stockholders' Equity
For the years ended December 31, 1995, 1994 ad 1993

                                                                               Capital in 			         
                                                    Preferred      Common       Excess of      Retained       Treasury
(In thousands of dollars, except per share data)        Stock       Stock       Par Value      Earnings          Stock          Total
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Balances at December 31, 1992                           $ 695       $ 136        $ 24,618      $ 18,014       $ (7,447)      $ 36,016
   Exercise of stock options and other                     --           2             356            --             (3)           355
   Shares contributed to employee benefit plans            --          --              --            --          1,551          1,551
   Dividends on preferred stock - $1 per share             --          --              --          (695)            --           (695)
   Net loss                                                --          --              --        (7,906)            --         (7,906)
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Balances at December 31, 1993                             695         138          24,974         9,413         (5,899)        29,321
   Exercise of stock options                               --           8           2,191            --             --          2,199
   Shares contributed to employee benefit plans
      and other                                            --          --              --            --          1,295          1,295
   Income tax benefit from employee
      stock transactions                                   --          --             695            --             --            695
   Dividends on preferred stock - $1 per share             --          --              --          (695)            --           (695)
   Net income                                              --          --              --         5,953             --          5,953
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Balances at December 31, 1994                             695         146          27,860        14,671         (4,604)        38,768
   Stock issuance                                          --          --           1,413            --            912          2,325
   Exercise of stock options                               --           5           1,209            --           (381)           833
   Shares contributed to employee benefit plans            --          --             322            --            549            871
   Income tax benefit from employee
      stock transactions                                   --          --             344            --             --            344
   Dividends on preferred stock - $1 per share             --          --              --          (695)            --           (695)
   Net loss                                                --          --              --        (3,807)            --         (3,807) 
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Balances at December 31, 1995                           $ 695       $ 151        $ 31,148      $ 10,169       $ (3,524)      $ 38,639 
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