The yearly loss was trimmed from a 1985 loss of $567.5 million.

The yearly loss is almost certain to surpass last year's of $518 million deficit.

New growth is limited by 50%, which makes for a $3 million yearly loss of stumpage value.

There is also a new method for tallying yearly losses.

Despite the yearly losses, the Haas family recoups some as tax benefits.

On Thursday, the company announced it had posted its first yearly loss, of $2.7 million, since it went public in 1999.

In 1984, the company suffered its first yearly loss, a $148,000 shortfall.

The company lost $409 million in 1991, the biggest yearly loss in its history.

The company lost $212 million in the first half of 1991 and appears likely to post the biggest yearly loss in its history this year.

Sales for 1996 were 13 percent lower than in 1995, and resulted in a net yearly loss of $200.7 million.