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CONRAIL COMPLETES SALE OF LOW GRADE LINES TO MOUNTAIN LAUREL RAILROAD COMPANY

 CONRAIL COMPLETES SALE OF LOW GRADE LINES
 TO MOUNTAIN LAUREL RAILROAD COMPANY
 PHILADELPHIA, Dec. 30 /PRNewswire/ -- Consolidated Rail Corporation (NYSE: CRR) and Mountain Laurel Railroad Company today closed Mountain Laurel's purchase of 128.7 miles of Conrail lines serving western Pennsylvania.
 The lines sold are the 104.2-mile Low Grade Secondary between Lawsonham and Driftwood, and the 24.5-mile Clarion Running Track from Piney to Brookville.
 Terms of the transaction were not disclosed.
 Conrail operates a rail-freight transportation network in 14 Northeastern and Midwestern states, the District of Columbia, and the Province of Quebec.
 /delval/
 -0- 12/30/91
 /CONTACT: Robert L. Libkind of Conrail, 215-977-4594/
 (CRR) CO: Consolidated Rail Corporation; Mountain Laurel Railroad Company ST: Pennsylvania IN: TRN SU: TNM


KA -- PH018 -- 5746 12/30/91 17:08 EST
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Publication:PR Newswire
Date:Dec 30, 1991
Words:130
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