The $1.1 billion total charge will reduce second-quarter earnings by 66 cents a share.

Those charges reduced the company's profits by 17 cents a share in the quarter a year ago.

This should reduce gas prices by about 15 cents a gallon.

The company said its internal investigations into the accounting problems had reduced income by $89 million, or 3 cents a share.

The effect of this change, the company said, will reduce reported net income for 1997 by about $150 million, or 88 cents a share.

Total recapitalization expenses reduce 9-month results by $14.4 million, or 28 cents a share.

The charge reduced net income by $23.7 million, or 31 cents a share.

The charge will reduce earnings by 40 to 50 cents a share.

The company said tax law changes reduced its fourth-quarter earnings by $28.3 million, or 70 cents a share.

For every $1 increase in the market price, the city would be allowed to reduce the payments to the vendors by 35 cents.