Securities and Exchange Commission
Washington, D.C. 20549
Schedule 13G
Under the Securities Exchange Act of 1934
(Amendment No. 0)*
Name of Issuer: Case Corporation
Title of Class of Securities: Common
CUSIP Number: 14743R103
*The remainder of this cover page shall be filled out for
a reporting person's initial filing on this form with
respect to the subject class of securities, and for
any subsequent amendment containing information which
would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the Securities
Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of
that section of the Act but shall be subject to all other provisions
of the Act (however, see the Notes).
CUSIP Number: 14743R103
1. Name of Reporting Person: Jennison Associates Capital
Corp.
S.S. or I.R.S. Identification No. of Above Person: IRS
Identification #13-2631108
2. Check the Appropriate Box if a Member of a Group:
Not Applicable
3. SEC Use Only
4. Citizenship or Place of Organization: New York
Number of Shares Beneficially Owned By Each Reporting Person
With:
5. Sole Voting Power: 825,900 shares
6. Shared Voting Power: 3,098,460 shares
7. Sole Dispositive Power: 0 shares
8. Shared Dispositive Power: 4,184,460 shares
9. Aggregate Amount Beneficially Owned by Each
Reporting Person: 4,184,460 shares
10. Check Box if the Aggregate Amount in Row 9 Excludes Certain
Shares*: ( )
11. Percent of Class Represented by Amount in Row 9: 5.57%
12. Type of Reporting Person*: IA
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
Under the Securities Exchange Act of 1934
Item 1(a) Name of Issuer: Case Corporation
Item 1(b) Address of Issuer's Principal Executive Offices:
700 State Street
Racine, WI 53404
Item 2(a) Name of Person Filing: Jennison Associates
Capital Corp.
Item 2(b) Address of Principal Business Office or
Residence:
466 Lexington Avenue
New York, NY 10017
Item 2(c) Citizenship: New York
Item 2(d) Title of Class of Securities: Common
Item 2(e) CUSIP Number: 14743R103
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
Under the Securities Exchange Act of 1934
Item 3 If this statement is filed pursuant to Rules 13d-1(b),
or 13d-2(b), check whether the person filing is a:
(a) ( ) Broker or Dealer registered under Section 15 of
the Act
(b) ( ) Bank as defined in Section 3(a) (6) of the
Act
(c) ( ) Insurance Company as defined in Section 3(a) (19) of
the Act
(d) ( ) Investment Company registered under Section 8 of the
Investment Company Act
(e) (X) Investment Adviser registered under Section 203 of the
Investment Advisers Act of 1940
(f) ( ) Employee Benefit Plan, Pension Fund which is subject
to the provision of the Employee Retirement Income Security
Act of 1974 or Endowment Fund; see Section 240.13d1(b) (ii) (F)
(g) ( ) Parent Holding Company, in accordance with Section
240.13(b) (ii) (G) (Note See Item 7)
(h) ( ) Group, in accordance with Section 240.13d1(b) (ii) (H)
Item 4 Ownership:
(a) Amount Beneficially Owned: 4,184,460 shares
(b) Percent of Class: 5.57%
(c) Number of shares as to which such person has:
825,900 (I) sole power to vote or to direct the vote
3,098,460 (II) shared power to vote or to direct the vote
0 (III) sole power to dispose or to direct the disposition of
4,184,460 (IV) shared power to dispose or to direct the
disposition of
Jennison Associates Capital Corp. ("Jennison") furnishes investment
advice to several investment companies, insurance separate accounts,
and institutional clients ("Managed Portfolios"). As a result of
its role as investment adviser of the Managed Portfolios,
Jennison may be deemed to be the beneficial owner of the shares
of the Issuer's Common Stock held by such Managed Portfolios. The
Prudential Insurance Company of America ("Prudential") owns 100% of
the stock of Jennison. As a result, Prudential may be deemed to have the
power to exercise or to direct the exercise of such voting and/or
dispositive power that Jennison may have with respect to the Issuer's
Common Stock held by the Managed Portfolios. Jennison does not file
jointly with Prudential, as such, shares of the Issuer's Common Stock
reported on Jennison's 13G may be included in the shares reported
on the 13G filed by Prudential. These shares were acquired in the ordinary
course of business, and not with the purpose or effect of changing or
influencing control of the Issuer. The filing of this statement
should not be construed as an admission that Jennison is, for the
purposes of Sections 13 or 16 of the Securities Exchange Act of
1934, the beneficial owner of these shares.
Item 5 Ownership of Five Percent or Less of a Class:
If this statement is being filed to report the fact that
as of the date hereof the reporting person has ceased
to be the beneficial owner of more than five
percent of the securities, check the
following ( ).
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
Under the Securities Exchange Act of 1934
Item 6 Ownership pf More than Five Percent on Behalf of Another
Person:
Our clients have the right to receive or the power to direct the
receipt of dividends or the profits from the sale of such
securities. No one client owns more than 5% of such security class.
Item 7 Identification and
Classification of the Subsidiary which Acquired the Security
being Reported on by the Parent Holding Company: Not
Applicable
Item 8 Identification and Classification of Members of the Group:
Not Applicable
Item 9 Notice of Dissolution of Group: Not Applicable
Item 10 Certification:
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in
the ordinary course of business and were not acquired for the purpose of
and do not have the effect of changing or influencing the control of
the issuer of such securities and were not acquired
in connection with or as a participant in any transaction
having such purposes or effects.
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the correct information set forth in this statement is true,
complete and correct.
February 10,1998
Karen E. Kohler, Senior Vice President and Director
