FIRST AMERICAN <FIAMA> SEES GAIN FROM SALE
First American Bank and
Trust Co said its 88 pct owned Associated Mortgage Investors
<AMIMS> subsidiary has sold its New England operations for
about 2,100,000 dlrs in cash and 1,300,000 dlrs in stock,
resulting in a first quarter gain for First American of about
1,200,000 dlrs after tax.
    The company said the sale will complete Associated's
withdrawal from the general contracting business.
 Reuter
