EXHIBIT 11


                       OGDEN CORPORATION AND SUBSIDIARIES

          DETAIL OF COMPUTATION OF EARNINGS APPLICABLE TO COMMON STOCK



                                                  FOR THE THREE MONTHS ENDED    
                                                           MARCH 31,            
                                                      1994          1993   
                                                     (In Thousands)
                                                           

NUMBER OF SHARES USED FOR COMPUTATION OF
EARNINGS PER SHARE: 
Average number of common shares                         43,528      43,226  
NUMBER OF SHARES USED FOR COMPUTATION OF 
EARNINGS PER SHARE ASSUMING FULL DILUTION:
Average number of common shares                         43,528      43,226 
Shares issuable for conversion of preferred stock          337         368
Shares issuable for conversion of debentures                           107  
Number of shares used for computation                   43,865      43,701

COMPUTATION OF EARNINGS APPLICABLE TO COMMON SHARES:
Income before cumulative effect of changes in
accounting principles                                 $ 15,328   $  13,822
Add (less): adjustments arising from minority                 
            interests in consolidated subsidiaries                       1      
            dividends on Ogden preferred stock             (47)        (51) 
          
Consolidated income applicable to Ogden common stock  $ 15,281   $  13,772      

Cumulative effect of changes in accounting principles   (1,520)  $  (5,340)

COMPUTATION OF EARNINGS APPLICABLE TO COMMON SHARES-
ASSUMING FULL DILUTION:
Income before cumulative effect of changes in
accounting principles                                 $ 15,328   $  13,822 
Add (less): adjustments arising from minority
            interests in consolidated subsidiaries                       1
            debenture interest-net of applicable                 
            income taxes                                                12      
                        
Consolidated income applicable to Ogden common stock  $ 15,328   $  13,835

Cumulative effect of changes in accounting principles $ (1,520)  $  (5,340)

Note:
     Earnings per common share was computed by dividing income, increased
     (decreased) for adjustments arising from minority interest in consolidated
     subsidiaries, reduced by preferred stock dividends requirements, by the
     weighted average of the number of shares of common stock and common stock
     equivalents, where dilutive, outstanding during each period.

     Earnings per common share, assuming full dilution, was computed on the
     assumption that all convertible debentures, convertible preferred stock,
     and stock options converted or exercised during each period, or
     outstanding at the end of each period were converted at the beginning of
     each period or the date of issuance or grant, if dilutive.  This
     computation provides for the elimination of related convertible debenture
     interest and preferred dividends.