&lt;Consolidated Rail Corp> said theinitial offering of its common stock could be made as early as
next week at an estimated price of 26 to 29 dlrs per share.
    The U.S. government has proposed the sale of 52 mln Conrail
shares in the U.S. and 6,750,000 overseas under the Conrail
Privatization Act, which was enacted in October.
    Lead underwriters are &lt;Goldman, Sachs and Co>, First Boston
Inc &lt;FBC>, Merrill Lynch and Co Inc &lt;MER>, Morgan Stanley Group
Inc &lt;MS> Salomon Inc &lt;SB> and American Express Co's &lt;AXP>
Shearson Lehman Brothers Inc.
 Reuter
