EXHIBIT 11 OF 1Q 1995 10-Q

Exhibit 11

Fully Diluted Earnings Per Common Share and Fully Diluted Average Common Shares
Outstanding

For fully diluted earnings per common share, net income available to
common shareholders can be affected by the conversion of the registrant's
convertible preferred stock. Where the effect of this conversion would have
been dilutive, net income available to common shareholders is adjusted by the
associated preferred dividends and any resulting tax effect. This adjusted net
income is divided by the weighted average number of common shares outstanding
for each period plus amounts representing the dilutive effect of stock options
outstanding and the dilution resulting from the conversion of the registrant's
convertible preferred stock, if applicable. The effect of convertible
preferred stock is excluded from the computation of fully diluted earnings per
share in periods in which the effect would be antidilutive.
Fully diluted earnings per common share was determined as follows (shares
in thousands, dollars in millions except per-share information):