FRANK B. HALL AND CO INC <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.