- Initial Statement of Beneficial Ownership (3)

FORM 3	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES	OMB APPROVAL OMB Number: 3235-0104 Expires: February 28, 2011 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^*

Switter Edward S

2. Date of Event Requiring Statement (MM/DD/YYYY) 4/18/2011

3. Issuer Name and Ticker or Trading Symbol

CRANE CO /DE/ [CR]

(Last) (First) (Middle)

100 FIRST STAMFORD PLACE

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director _____ 10% Owner
___ X ___ Officer (give title below) _____ Other (specify below)
Vice President - Taxes /

(Street)

STAMFORD, CT 06902-6784

(City) (State) (Zip)

5. If Amendment, Date Original Filed (MM/DD/YYYY)

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
CRANE CO. COMMON, PAR VALUE $1.00	2991.0000	D
CRANE CO. COMMON, PAR VALUE $1.00	724.0000	I	401(K)

*Table II - Derivative Securities Beneficially Owned ( e.g.* , puts, calls, warrants, options, convertible securities)**
1. Title of Derivate Security (Instr. 4)	2. Date Exercisable and Expiration Date (MM/DD/YYYY)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivate Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Employee Stock Option (Right to Buy)	⁽¹⁾	1/26/2015	CRANE CO. COMMON, PAR VALUE $1.00	4000.0000	$16.4300	D
Employee Stock Option (Right to Buy)	⁽²⁾	1/25/2016	CRANE CO. COMMON, PAR VALUE $1.00	5000.0000	$31.9400	D
Employee Stock Option (Right to Buy)	⁽³⁾	4/19/2016	CRANE CO. COMMON, PAR VALUE $1.00	5000.0000	$36.2600	D
Employee Stock Option (Right to Buy)	⁽⁴⁾	1/28/2014	CRANE CO. COMMON, PAR VALUE $1.00	5000.0000	$36.4600	D
Employee Stock Option (Right to Buy)	⁽⁵⁾	1/29/2013	CRANE CO. COMMON, PAR VALUE $1.00	5000.0000	$36.6400	D
Employee Stock Option (Right to Buy)	⁽⁶⁾	1/24/2017	CRANE CO. COMMON, PAR VALUE $1.00	8000.0000	$43.7200	D
Performance-Based Restricted Share Unit	⁽⁷⁾	⁽⁷⁾	CRANE CO. COMMON, PAR VALUE $1.00	1300.0000	⁽⁸⁾	D
Restricted Share Unit	⁽⁹⁾	⁽¹⁰⁾	CRANE CO. COMMON, PAR VALUE $1.00	2775.0000	⁽¹¹⁾	D

Explanation of Responses:
( 1)	This option vests 25% one year, 50% two years, 75% three years and 100% four years after the date of (01/26/2009).
( 2)	This option vests 25% one year, 50% two years, 75% three years and 100% four years after the date of grant (01/25/2010).
( 3)	This option vests 25% one year, 50% two years, 75% three years and 100% four years after the date of grant (04/19/2010).
( 4)	This option vests 25% one year, 50% two years, 75% three years and 100% four years after the date of grant (01/28/2008).
( 5)	This option vests 25% one year, 50% two years, 75% three years and 100% four years after the date of grant (01/29/2007).
( 6)	This option vests 25% one year, 50% two years, 75% three years and 100% four years after the date of grant (01/24/2011).
( 7)	Assuming the performance conditions specified in footnote 8 are met, the Performance-Based RSUs will vest on December 31, 2013, provided the recipient remains employed by the Company; or upon the recipient's earlier retirement, death or permanent disability; or upon a change in control of the Company.
( 8)	Each Performance-Based RSU represents a contingent right to receive a number of shares of Crane Co. common stock between zero and 1.75, depending upon the Total Shareholder Return of Crane Co.'s common stock compared to that of the companies in the S&P MidCap 400 Capital Goods Group during the period beginning January 1, 2011 and ending December 31, 2013.
( 9)	25% of the Restricted Share Units will be converted into shares of Common Stock on each of the first, second, third and fourth anniversaries of the grant, provided the recipient remains employed by the Company; all Restricted Share Units will be converted into shares of Common Stock upon retirement, death, permanent disability, or in the event of a change in control of the Company.
( 10)	A Restricted Share Unit is forfeited if the recipient ceases to be employed by the Company before it has been converted to Common Stock.
( 11)	Each Restricted Share Unit represents the right to receive one share of Crane Co. Common Stock if the recipient remains employed by the Company upon expiration of the time-based restrictions, or upon retirement, death, permanent disability, or in the event of a change in control of the Company.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Switter Edward S 100 FIRST STAMFORD PLACE STAMFORD, CT 06902-6784			Vice President - Taxes

Signatures
Attorney In Fact, Christopher Dee		4/27/2011
^** Signature of Reporting Person		Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.