GOLDMAN SELLS MOST 1ST PENNSYLVANIA &lt;FPA> STOCK

  Goldman, Sachs and Co told the
  Securities and Exchange Commission it sold nearly its entire
  stake in First Pennsylvania Corp of 2,450,598 shares, or 5.2
  pct of the total outstanding common stock.
      Goldman Sachs said it has about 17,800 First Pennsylvania
  common shares remaining. On February 26, the company redeemed
  convertible debentures with common stock, which at once
  increased Goldman's stock holding and the total outstanding.
      Goldman Sachs said it originally bought the stake as part
  of its arbitrage business. Marine Midland Banks &lt;MM> has an
  agreement in principal to acquire First Pennsylvania.
  

