Executives at Banc One Corp. expressed confidence that Dean Witter's planned merger with Morgan Stanley & Co. would be a boon to its own closely watched brokerage alliance with Dean Witter.

"We're real positive about it," and so is James F. Higgins, president of the investment unit of Dean Witter, said David R. Meuse, executive vice president of Banc One Capital Holdings Corp., Columbus, Ohio.

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