ALLEGHENY &lt;AG> OFFICERS TO RUN COMPANY

  Allegheny International Inc said its
  chairman and chief operating officer will remain in their
  positions following the merger of the company with an affiliate
  of First Boston Corp.
     "It is expected that Oliver S. Travers will continue as
  chairman, president and Chief executive officer, and Thomas J.
  Albani will continue as chief operating officer," said an
  Allegheny spokesman.
      Allegheny today said it agreed to a buyout from First
  Boston at 24.60 dlrs per share. The transaction was valued at
  500 mln dlrs. Its stock rose 8-5/8 to 24 in active trading.
  

