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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 PxoxmtBNew0HmS6KgUJqqBXKmoOrbdGgY+KMbkmgkBPy/PWBpEZbAgSrnWng9k9B
 U65nPvwhRW20IP3eT9HW0g==

<SEC-DOCUMENT>0001225208-07-004106.txt : 20070430
<SEC-HEADER>0001225208-07-004106.hdr.sgml : 20070430
<ACCEPTANCE-DATETIME>20070430183356
ACCESSION NUMBER:		0001225208-07-004106
CONFORMED SUBMISSION TYPE:	4/A
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20070426
FILED AS OF DATE:		20070430
DATE AS OF CHANGE:		20070430

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			FAST ERIC C
		CENTRAL INDEX KEY:			0001187925

	FILING VALUES:
		FORM TYPE:		4/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-01657
		FILM NUMBER:		07802523

	BUSINESS ADDRESS:	
		STREET 1:		CRANE CO
		STREET 2:		100 FIRST STAMFORD PL
		CITY:			STAMFORD
		STATE:			CT
		ZIP:			06902
		BUSINESS PHONE:		2033637201

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CRANE CO /DE/
		CENTRAL INDEX KEY:			0000025445
		STANDARD INDUSTRIAL CLASSIFICATION:	MISCELLANEOUS FABRICATED METAL PRODUCTS [3490]
		IRS NUMBER:				131952290
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		CRANE CO.
		STREET 2:		100 FIRST STAMFORD PLACE
		CITY:			STAMFORD
		STATE:			CT
		ZIP:			06902
		BUSINESS PHONE:		203-363-7300

	MAIL ADDRESS:	
		STREET 1:		CRANE CO.
		STREET 2:		100 FIRST STAMFORD PLACE
		CITY:			STAMFORD
		STATE:			CT
		ZIP:			06902
</SEC-HEADER>
<DOCUMENT>
<TYPE>4/A
<SEQUENCE>1
<FILENAME>doc4a.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4/A</documentType>

    <periodOfReport>2007-04-26</periodOfReport>

    <dateOfOriginalSubmission>2007-04-27</dateOfOriginalSubmission>

    <issuer>
        <issuerCik>0000025445</issuerCik>
        <issuerName>CRANE CO /DE/</issuerName>
        <issuerTradingSymbol>CR</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001187925</rptOwnerCik>
            <rptOwnerName>FAST ERIC C</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>100 FIRST STAMFORD PLACE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>STAMFORD</rptOwnerCity>
            <rptOwnerState>CT</rptOwnerState>
            <rptOwnerZipCode>06902-6784</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <officerTitle>President &amp; CEO</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>CRANE CO. COMMON, PAR VALUE $1.00</value>
            </securityTitle>
            <transactionDate>
                <value>2007-04-26</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>F</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>88395</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>42.985</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                    <footnoteId id="F1"/>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>363981</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <footnotes>
        <footnote id="F1">THE OFFICER TENDERED 62,282 PREVIOUSLY OWNED SHARES TO THE COMPANY IN PAYMENT OF THE EXERCISE PRICE ON 125,280 STOCK OPTIONS.  26,113 SHARES WERE WITHHELD FROM THE SHARES ACQUIRED UPON EXERCISE OF THE OPTIONS, IN ORDER TO SATISFY THE OFFICER'S TAX WITHHOLDING OBLIGATION.</footnote>
    </footnotes>

    <remarks>This amendment is being submitted solely to adjust Footnote 1, in order to correctly allocate the shares surrendered between payment of the exercise price and satisfaction of the tax withholding obligation.</remarks>

    <ownerSignature>
        <signatureName>Attorney In Fact, Christopher Dee</signatureName>
        <signatureDate>2007-04-30</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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