Wall Street Stocks are mixed with blue chips rebounding from 1 . Right now the DOW industrials are up nearly 12 points at 2 . It has been down 21 points. But the NASDAQ composite is 3 , at 13.43. Bonds also rebounded from their 4 , the treasuries 30-year issue is up eleven thirty seconds of a point 5 , pulling the yield down to 6.62 percent. ITT is offering to 6 , an Italian phone book publisher. The hotel and casino giant is 7 to complete the 1.6 billion dollar deal. ITT actually made the offer long before. Hilton hotels 8 its 6.5 billion dollar take-over bid for ITT. But just a few weeks ago, ITT said it would stick to 9 and sell other assets to help fend off Hilton"s bid. The US dollar is mixed against most major currencies, after 10 on Thursday. The dollar is now up 11 of the yen on the Japanese currency. It"s up slightly on the German Mark, but it"s down 12 on the British pound. Turning to European stock market, shares in Germany 13 on Friday.
In Frankfurt, the DAX is 12 points to finish the day at 14 . British and French stocks are also weak. In London, the Financial Times 100 Index is down 34 points. And in Paris the Cackulaunt is down 1 point. 15 in the European tire market is forcing Michelin to slash nearly 1,500 jobs. The French tire markets said the cut will 16 early retirements, transfers and other measures. Union Baker Switzerland reporting 1996 loss of 235 million dollars, but most of that is due to a big charge for 17 . Separately, USB has tracked down a third of its 7 million dollar in dormant accounts 18 World War Ⅱ. But it says none of the money 19 holocaust victims. Later, on world business today we"ll look what this means to 20 .