DRESDNER DECLINES COMMENT ON SCRIP SHARE REPORT A Dresdner Bank AG <DRSD.F> spokesman said the bank had no comment on newspaper reports that shareholders would be offered free subscription shares. Dresdner shares surged to open 10.50 marks higher at 319.50, before climbing further. Other bank stocks also rose strongly and dealers cited speculation already in the market that Deutsche Bank AG <DBKG.F> would make a similar move. Such "scrip" issues, if they occurred, would mark the first time German banks had ever issued free shares. The varying reports said Dresdner shareholders may be offered one free share for every 15, 18 or 20 already held.