<SEC-DOCUMENT>0001225208-16-031909.txt : 20160427
<SEC-HEADER>0001225208-16-031909.hdr.sgml : 20160427
<ACCEPTANCE-DATETIME>20160427184151
ACCESSION NUMBER:		0001225208-16-031909
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20160425
FILED AS OF DATE:		20160427
DATE AS OF CHANGE:		20160427

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

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			FORTE RICHARD S
		CENTRAL INDEX KEY:			0001230635

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-01657
		FILM NUMBER:		161596632

	MAIL ADDRESS:	
		STREET 1:		100 FIRST STAMFORD PLACE
		CITY:			STAMFORD
		STATE:			CT
		ZIP:			06907
</SEC-HEADER>
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<TYPE>4
<SEQUENCE>1
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    <issuer>
        <issuerCik>0000025445</issuerCik>
        <issuerName>CRANE CO /DE/</issuerName>
        <issuerTradingSymbol>CR</issuerTradingSymbol>
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            <rptOwnerCik>0001230635</rptOwnerCik>
            <rptOwnerName>FORTE RICHARD S</rptOwnerName>
        </reportingOwnerId>
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            <rptOwnerStreet1>100 FIRST STAMFORD PLACE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>STAMFORD</rptOwnerCity>
            <rptOwnerState>CT</rptOwnerState>
            <rptOwnerZipCode>06902-6784</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
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    <nonDerivativeTable>
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            <securityTitle>
                <value>CRANE CO. COMMON, PAR VALUE $1.00</value>
            </securityTitle>
            <transactionDate>
                <value>2016-04-25</value>
            </transactionDate>
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                <transactionFormType>4</transactionFormType>
                <transactionCode>M</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
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                <transactionShares>
                    <value>4214.0000</value>
                    <footnoteId id="F1"/>
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                    <value>0.0000</value>
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                <transactionAcquiredDisposedCode>
                    <value>A</value>
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                    <value>8641.0000</value>
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                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
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            <securityTitle>
                <value>CRANE CO. COMMON, PAR VALUE $1.00</value>
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                    <value>4769.0000</value>
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                <directOrIndirectOwnership>
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                <natureOfOwnership>
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                <equitySwapInvolved>0</equitySwapInvolved>
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                <transactionShares>
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                </transactionShares>
                <transactionPricePerShare>
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        <derivativeTransaction>
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                <value>Deferred Stock Units</value>
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            <conversionOrExercisePrice>
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            <transactionDate>
                <value>2016-04-25</value>
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                <transactionFormType>4</transactionFormType>
                <transactionCode>M</transactionCode>
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                    <footnoteId id="F1"/>
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                <underlyingSecurityTitle>
                    <value>CRANE CO. COMMON, PAR VALUE $1.00</value>
                </underlyingSecurityTitle>
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                    <value>4214.0000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>10176.0000</value>
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    <footnotes>
        <footnote id="F1">Mr. Forte did not stand for re-election to the Board at the Annual Meeting on April 25, 2016.  4,214 previously granted Deferred Stock Units converted to shares of Crane Co. Common Stock on that date.  Mr. Forte had elected to have his remaining Deferred Stock Units convert to Crane Co. Common Stock on various subsequent dates.</footnote>
        <footnote id="F2">Each Deferred Stock Unit represents the right to receive one share of Crane Co. common stock upon separation from service on the Board of Directors.</footnote>
        <footnote id="F3">Additional Deferred Stock Units are granted during the year to coincide with payment of dividends of Crane Co. Stock.</footnote>
        <footnote id="F4">Following separation from service on the Board of Directors, the Director will receive one share of Crane Co. common stock for each Deferred Stock Unit; however, if the Director's service terminates before the first anniversary of the Grant, except for reasons of death, or a change in control of Crane Co., then the right to receive such shares will expire.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Attorney In Fact, Christopher Dee</signatureName>
        <signatureDate>2016-04-27</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</DOCUMENT>
</SEC-DOCUMENT>
