Merger Rumors Spur Trading In Shawmut, Bank of Boston

Shares of Bank of Boston Corp. and Shawmut National Corp. were heavily traded Friday on rumors of a pending merger. Bank of Boston's stock price held steady as one million shares changed hands. Shawmut was up 50 cents to $10.50 in late afternoon trading on volume of 600,000 shares, double its daily average.

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