FLEET &lt;FLT> SHAREHOLDERS APPROVE SHARE INCREASE
  Fleet Financial Group said its
  shareholders approved an increase in shares of the company's
  authorized common stock to 100,000,000 shares from 75,000,000
  shares currently.
      The company said shareholders approved the move at the
  annual meeting in Providence today when the company reported
  that its first quarter earnings rose to 38.5 mln dlrs, or 73
  cts a share, from 31.7 mln dlrs, or 60 cts a share, in the
  first quarter 1986.
      J. Terence Murray, chairman and president of Fleet
  Financial, said, "Fleet's mortgage banking activities in
  particular continued to produce signficant income increases (in
  the first quarter)."
      Murray said Fleet's mortgage servicing portfolio reached
  22.1 billion dlrs by March 31, including 1.8 billion dlrs
  purchased in March.
  

