UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                 SCHEDULE 13D/A

                    Under the Securities Exchange Act of 1934
                               (Amendment No. 12)
                                              --

                      CHAMPION INTERNATIONAL CORPORATION
- --------------------------------------------------------------------------------
                                (Name of Issuer)

                                  Common Stock
- --------------------------------------------------------------------------------
                          (Title of Class of Securities)

                                   15852 51 0 
- --------------------------------------------------------------------------------
                                  (CUSIP Number)

                 Barry Hirsch, Senior Vice President and Secretary
                                 Loews Corporation
            667 Madison Avenue, New York, New York 10021 (212) 545-2920
- --------------------------------------------------------------------------------
                   (Name, Address and Telephone Number of Person
                 Authorized to Receive Notices and Communications)

                                 October 12, 1994
- --------------------------------------------------------------------------------
               (Date of Event which Required Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-l(b)(3) or (4), check the following box ____.

Check the following box if a fee is being paid with the statement __.

The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).

                                    Page 1


                                  SCHEDULE 13D
- --------------------------------------------------------------------------------
 CUSIP No. 15852 51 0
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
   S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

   LOEWS CORPORATION
   IRS Identification No. 13-2646102
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*             (a)/   /
       N/A                                                      (b)/   /
- --------------------------------------------------------------------------------
3 SEC USE  ONLY

- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
       WC
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO 
   ITEMS 2(d) OR 2(e)                                              /___/
       N/A                                                         
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
    Delaware
- --------------------------------------------------------------------------------
               7 SOLE VOTING POWER
   NUMBER OF       16,023,300
    SHARES    ------------------------------------------------------------------
 BENEFICIALLY  8 SHARED VOTING POWER
   OWNED BY         43,453
     EACH     ------------------------------------------------------------------
   REPORTING   9 SOLE DISPOSITIVE POWER  
    PERSON         16,023,300
     WITH     ------------------------------------------------------------------
              10 SHARED DISPOSITIVE POWER
                     43,453                      
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
         16,066,753
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES    /  /
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
       17.3%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
        HC
- --------------------------------------------------------------------------------
                                     PAGE 2


                                AMENDMENT NO. 12

                                      to

                                  SCHEDULE 13D

                                relating to the

                    Common Stock, $0.50 par value per share

                                      of

                       CHAMPION INTERNATIONAL CORPORATION

  This Amendment No. 12 to Schedule 13D filed by Loews Corporation, a Delaware
Corporation, ("Loews"), relates to the Common Stock, $0.50 par value per share
(the "Shares"), of Champion International Corporation, a New York corporation
(the "Issuer"), and is being filed pursuant to Rule 13d-2 under the Securities
Exchange Act of 1934, as amended.

Item 5.  Interest in Securities of the Issuer
         ------------------------------------

  Item 5 is hereby supplemented as follows:

  "During the period September 28, 1994 through and including October 12, 1994,
Loews sold an aggregate of 1,084,600 Shares, as set forth in the table below.
All of the transactions described below were effected by Loews on the New
York Stock Exchange, except as noted below.

                              Number of
     Date                    Shares Sold         Price Per Share
     ----                    -----------         ----------------

September 28, 1994             300,000               $39.50
September 28, 1994             100,000                39.625
October 3, 1994                 50,000                40.00
October 11, 1994               321,600                38.75
October 12, 1994               300,000                38.875
October 12, 1994                13,000                38.875*

*  Traded on the Midwest Stock Exchange


  "As of October 12, 1994 Loews owns directly 16,023,300 Shares representing
approximately 17.2% of the total number of Shares outstanding.  After giving 
effect to 43,453 Shares issuable upon conversion of the $1,510,000 principal 
amount of the Issuer's 6.5% Convertible Subordinated Debentures owned by a 
subsidiary, as previously reported, Loews may be deemed to beneficially own 
an aggregate of 16,066,753 Shares, representing approximately 17.3% of the 
total number of Shares outstanding, calculated in accordance with Regulation 
13D-G."

                                    SIGNATURE
                                    ---------

  The undersigned certifies that after reasonable inquiry and to the best of its
knowledge and belief, the information set forth in this Statement is true,
complete and correct.



                                                      LOEWS CORPORATION




Dated:   October 13, 1994                       By:     Barry Hirsch
                                                    Senior Vice President
                                                      and Secretary