UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 15

CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION UNDER SECTION 12(g) OF
THE SECURITIES EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO FILE REPORTS UNDER
SECTIONS 13 AND 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.

                                     Commission File Number       0-1657
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                                   Crane Co.
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            (Exact name of registrant as specified in its charter)



100 First Stamford Place, Stamford, CT 06902                 (203) 363-7300
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(Address, including zip code, and telephone number, including area code, of
registrant's principal executive offices)


                        Preferred Share Purchase Rights
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           (Title of each class of securities covered by this Form)


  Common Stock, par value $1.00 per share and Preferred Stock Purchase Rights
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(titles of all other classes of securities for which a duty to file reports
under section 13(a) or 15(d) remains)


     Please place an X in the box(es) to designate the appropriate rule
provision(s) relied upon to terminate or suspend the duty to file reports:

       Rule 12g-4(a)(1)(i)   [X]              Rule 12h-3(b)(1)(i)  [ ]   
       Rule 12g-4(a)(1)(ii)  [ ]              Rule 12h-3(b)(1)(ii) [ ]   
       Rule 12g-4(a)(2)(i)   [ ]              Rule 12h-3(b)(2)(i)  [ ]   
       Rule 12g-4(a)(2)(ii)  [ ]              Rule 12h-3(b)(2)(ii) [ ]   
                                              Rule 15d-6           [ ]


     Approximate number of holders of record as of the certification or notice
date:          0
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     Pursuant to the requirements of the Securities Exchange Act of 1934, Crane
Co. has caused this certification/notice to be signed on its behalf by the
undersigned duly authorized person.

Date:   July 2, 1998                 By: /s/ Augustus I. duPont
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                                         Vice President