SHEARSON HAS 5.4 PCT OF CHICAGO MILWAUKEE <CHG>
  Shearson Lehman Brothers Inc, the
  brokerage subsidiary of American Express Co <AXP>, said it has
  acquired 131,300 shares of Chicago Milwaukee Corp, or 5.4 pct
  of its total outstanding common stock.
      In a filing with the Securities and Exchange Commission,
  Shearson said it bought the stake for 18.8 mln dlrs for
  investment purposes and has no intention of seeking control of
  the company.