Nineteen rail labor unions endorsed a proposal...

Nineteen rail labor unions endorsed a proposal to sell Conrail to an independent group of investors and rejected the Reagan Administration’s plan to sell the government-owned freight line to Norfolk Southern Corp. . . . California’s Department of Insurance reported that it will convert to a year-round license renewal system for agents and brokers next year to ease its workload . . . The public prosecutor’s office in Milan, Italy, opened an investigation into the causes of the sudden collapse of Italy’s currency, the lira, on foreign exchanges last Friday.