ITALIAN NET OFFICIAL RESERVES FALL IN MAY
  Italy's net official reserves fell to
  67,110 billion lire in May from a previously reported 68,455
  billion in April, the Bank of Italy said.
      Gold holdings totalled 35,243 billion lire at end May,
  unchanged from end April.
      Convertible currencies totalled 18,277 billion lire in May,
  down from 20,028 billion in April, while European Currency Unit
  holdings were 10,610 billion against 10,528 billion.
  

