GABELLI GROUP LIFTS ALLEGHENY INT'L <AG> STAKE
An investor group led by New York
money manager Mario Gabelli said it raised its stake in
Allegheny International to the equivalent of 1,026,261 shares,
or 9.4 pct of the total, from 884,061 shares, or 8.2 pct.
    In a filing with the Securities and Exchange Commission,
Gabelli and companies he controls said they bought a total of
142,200 Allegheny common shares between March 30 and April 22
at prices ranging from 24.125 to 24.875 dlrs a share.
    The stake, which includes some 11.25 dlr cumulative
preferred stock, was bought solely for investment purposes and
not to seek control of the company, the group said.
 Reuter
