FORM 3
U. S. SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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(f) of the Investment Company Act of 1940
(Print or Type Responses)
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1. Name and Address of Reporting Person
Rossin Peter C.
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(Last) (First) (Middle)
621 Trotwood Circle
(Street)
Pittsburgh PA 15241
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(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
2/28/97
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3. IRS or Social Security Number of Reporting Person (Voluntary)
###-##-####
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4. Issuer Name and Ticker or Trading Symbol
Carpenter Technology Corporation (CRS)
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5. Relationship of Reporting Person to Issuer (Check all applicable)
[ X ] Director [ X ] 10% Owner
[ ] Officer (give title below) [ ] Other (specify below)
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6. If Amendment, Date of Original (Month/Day/Year)
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7. Individual or Joint/Group Filing (Check applicable line)
[ X ] Form filed by One Reporting Person
[ ] Form filed by More Than One Reporting Person
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<PAGE>
FORM 3 (continued)
Table I - Non-Derivative Securities Beneficially Owned
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1.Title of 2. Amount of Securities 3. Ownership Form: 4. Nature of Indirect
Security Beneficially Owned Direct (D) or Beneficial
(Instr. 4) (Instr. 4) Indirect (I) Ownership
(Instr. 5) (Instr. 5)
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Common Stock,
$5.00 par value 2,325,650 shares D
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Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
Table II - Derivative Securities Beneficially Owned (e.g.,
puts, calls, warrants, options, convertible securities)
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<TABLE>
<CAPTION>
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date
(Month/Day/Year)
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Date Exercisable Expiration Date
================ =====================
<S> <C> <C>
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=====================
Not Applicable
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=====================
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3. Title and Amount of 4. Conversion 5. Ownership 6. Nature of
Securities Underlying or Exercise Form of Indirect
Derivative Security Price of Derivative Beneficial
(Instr. 4) Derivative Security: Ownership
Security Direct (D) (Instr. 5)
===================================== or Indirect
Title Amount or Number (I)
of Shares (Instr. 5)
<C> <C> <C> <C> <C>
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</TABLE>
Explanation of Responses:
** 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 provided is insufficient, see Instruction 6 for procedure.
/s/ C.J. Queenan, Jr.* March 10, 1997
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C.J. Queenan, Jr. Date
*as Attorney-in-Fact for Peter C. Rossin
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