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                                                                           EX-23

                      CONSENT OF ERNST & YOUNG LLP, INDEPENDENT AUDITORS

     We consent to the incorporation by reference in the Registration Statements
(Form S-8 Nos.  33-25537 and  33-49767)  pertaining  to the American  Commercial
Vessel and Terminal  Employees'  Savings Plan of our report dated June 20, 1997,
with  respect  to  the  financial  statements  and  schedules  of  the  American
Commercial Vessel and Terminal  Employees'  Savings Plan included in this Annual
Report (Form 11-K) for the year ended December 31, 1996.



                                         /s/ ERNST & YOUNG LLP
                                         ---------------------
                                         Ernst & Young LLP

Jacksonville, Florida
June 20, 1997






















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