CHRIS CRAFT INDUSTRIES INC
4, 1997-12-09
TELEVISION BROADCASTING STATIONS
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FORM 4                          
[ ]Check box if no longer             U.S. SECURITIES AND EXCHANGE COMMISSION
   subject to Section 16.                      Washington, D.C. 20549
   Form 4 or Form 5 obligations 
   may continue.  See Instruc-     STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
   tion 1(b).
       Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
	  Section 17(a) of the Public Utility Holding Company Act of 1935 or 
		Section 30(f) of the Investment Company Act of 1940
- -------------------------------------------------------------------------------
1. Name and Address of Reporting Person    | 2. Issuer Name and Ticker or 
Rochlis      James                 J.      |    Trading Symbol
(Last)      (First)             (Middle)   |    Chris-Craft Industries, Inc. 
         150 E. 69th St.                   |    (CCN)
            (Street)                       | ----------------------------------
New York       NY                 10021    | 3. IRS or Social Security Number  
(City)      (State)               (Zip)    |    of Reporting Person (Voluntary)
                                           |
- -------------------------------------------------------------------------------
4. Statement for Month/Year |  5. If Amendment, Date of Original (Month/Year)
   11/97                    |     
- -------------------------------------------------------------------------------
6. Relationship of Reporting Person      | 7. Individual or Joint/Group Filing
   to Issuer                             |
  (Check all applicable)                 |    X  Form filed by one Reporting 
    x  Director           10% Owner      |   --- Person
   ---                ---                |       Form filed by more than one 
       Officer (give      Other (specify |   --- Reporting Person
   --- title below)   --- below)         | 
- -------------------------------------------------------------------------------
Table I - Non-Derivative Securties Acquired, Disposed of, or Beneficially Owned
<TABLE>
<CAPTION>
1. Title of security     2.Transaction     3.Transaction      4.Securities       5.Amount of         6.Ownership     7.Nature of
   (Inst.3)                Date              Code               Acquired (A)       Securities          Form:           Indirect
			  (Month/Day/Year)   (Instr. 8)         or Disposed        Beneficially        Direct (D)      Beneficial
							       of (D) (Instr.      Owned at End        Indirect (I)    or Ownership
					     Code   V           3,4, and 5)        of Month           (Instr. 4)      (Instr. 4)
										  (Instr. 3 and 4)
							   Amount    (A)  Price
								      or
								     (D)
<S>                       <C>                <C>    <C>    <C>       <C>  <C>      <C>               <C>              <C>
Common Stock              11/12/97           S              3,000    D    52.25    1,404             D
- -----------------------------------------------------------------------------
Reminder:  Report  on  a  separate  line  for  each  class of securities
beneficially owned directly or indirectly. (Print or Type Responses)
<PAGE>
FORM  4 (Continued)         Table II-Derivative Securities Acquired, Disposed 
			      of, or Beneficially Owned (e.g. puts, calls, 
			      warrants, options, convertible securities)

</TABLE>
<TABLE>
<CAPTION>

 1. Title of      2.   Conversion or     3. Transaction  4.Transaction  5. Number of        6.Date
    Derivative         Exercise Price       Date           Code (Instr.    Derivative         Exercisable
    Security           of Derivative        (Month/        8)              Securities         and Expiration
    (Instr.3)          Security             Day/Year)                      Acquired (A)       Date
									   or Disposed        (Month/Day/Year)    
									   (D) (Instr.3,                           
									   4 and 5)

							   Code  V        (A)      (D)        Date      Expiration

<S>                    <C>                  <C>            <C>   <C>      <C>      <C>        <C>       <C>

<CAPTION>
7.Title and           8.Price of             9.Number of            10.Ownership     11.Nature
   Amount of             Derivative             Derivative              Form of          of
   Underlying            Security               Securities              Derivative       Indirect
   Securities            (Instr. 5)             Beneficially            Security:        Beneficial
   (Instr.3                                     Owned at End            Direct (D)       Ownership
   and 4)                                       of Month                or               (Instr.4)
						(Instr.4)               Indirect (I)
									(Instr.4)
Title       Number
	    of Shares

<S>         <C>          <C>                    <C>                     <C>              <C>

</TABLE>
Explanation of Responses:

- ------------------------------------------------------------------------------
**Intentional misstatements or omissions of facts constitute Federal
Criminal Violations.  See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note. File three copies of this form, one of which must be manually
 signed.  If space provided is insufficient, see Instruction 6 for procedure.

   /s/James J. Rochlis                       December 8, 1997
- -------------------------------------        -----------------
   **Signature of Reporting Person                  Date



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