BANKERS TRUST NEW YORK CORPORATION
One Bankers Trust Plaza
New York, New York 10006
Damian P. Reitemeyer
Vice President
Telephone: (212) 250-4599
February 13,
1998
Securities and Exchange Commission
SEC Document Control
450 Fifth Street, N.W.
Washington, DC 20549
Attn: Filing Desk
Dear Sirs:
Re: Filing of Schedule 13G on
Westinghouse Electric Corporation
Pursuant to Rule 13d-1 of the General Rules
and Regulations under the Securities Exchange
Act of 1934, the following is one copy of the
Schedule 13G with respect to the common stock
of the above referenced corporation.
Please acknowledge your receipt of the
Schedule 13G filing submission through the
EDGAR-Link System software, by E-Mail
confirmation.
Sincerely,
Damian P.
Reitemeyer
Enclosures
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 5 )*
Westinghouse Electric Corporation
_______________________________________
NAME OF ISSUER:
Common Stock (Par Value $1.00)
_______________________________________
TITLE OF CLASS OF SECURITIES
960402105
_______________________________________
CUSIP NUMBER
Check the following box if a fee is being
paid with this statement [ ]. (A fee is not
required only if the filing person: (1) has a
previous statement on file reporting
beneficial ownership of more than five
percent of the class of securities described
in Item 1; and (2) has filed no amendment
subsequent thereto reporting beneficial
ownership of five percent or less of such
class.) (See Rule 13d-7.)
*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).
(Continued on following page(s))
Page 1 of 9 Pages
CUSIP No. 960402105 Page 2 of
9 Pages
1.NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE
PERSON
Bankers Trust New York Corporation and
its wholly-owned subsidiary, Bankers Trust Company.
13-6180473
2.CHECK THE APPROPRIATE BOX IF A MEMBER OF A
GROUP *
(A) [ ]
(B) [ ]
3.SEC USE ONLY
4.CITIZENSHIP OR PLACE OF ORGANIZATION
Bankers Trust New York Corporation and Bankers Trust
Company are New York Corporations.
NUMBER OF 5. SOLE VOTING POWER
SHARES
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY
CUSIP No. 960402105 Page 3 of 9 Pages
EACH 7. SOLE DISPOSITIVE POWER
REPORTING
PERSON 8. SHARED DISPOSITIVE POWER
WITH
9.AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
10.CHECK BOX IF THE AGGREGATE AMOUNT IN ROW(9)
EXCLUDES CERTAIN SHARES *
[ ]
11.PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
12.TYPE OF REPORTING PERSON *
Bankers Trust New York Corporation - HC
Bankers Trust Company - BK;
CUSIP No. 960402105 Page 4 of 9 Pages
Item 1(a) NAME OF ISSUER:
Westinghouse Electric Corporation
Item 1(b) ADDRESS OF ISSUER'S PRINCIPAL
EXECUTIVE OFFICES:
Westinghouse Building
Gateway Center
Pittsburgh, PA 15222
Item 2(a) NAME OF PERSON FILING:
Bankers Trust New York Corporation, and its
wholly-owned subsidiary, Bankers Trust Company.
Item 2(b) ADDRESS OF PRINCIPAL BUSINESS
OFFICE:
130 Liberty Street
New York, New York 10006
Item 2(c) CITIZENSHIP:
Bankers Trust New York Corporation
and Bankers Trust Company are
corporations incorporated in
the State of New York with their
principal business offices located
in New York.
CUSIP No. 960402105 Page 5 of 9 Pages
Item 2(d) TITLE OF CLASS OF SECURITIES:
Common Stock (Par Value $1.00) of
Westinghouse Electric Corporation,
a Pennsylvania corporation.
Item 2(e) CUSIP NUMBER: 960402105
Item 3 THE PERSON FILING IS A:
For Bankers Trust New York Corporation,
(g) [X] Parent Holding Company, in
accordance with Section 240.13d-1(b)(ii)(G)
For Bankers Trust Company
(b) [X] Bank as defined in section
3(a)(6) of the Act.
CUSIP No. 960402105 Page 6 of 9 Pages
Item 4 OWNERSHIP:
(a) Amount Beneficially Owned:
As of December 31, 1997,
(b) Percent of Class:
(c) Number of shares as to which the Bank has:
(i) sole power to vote or to direct the vote -
CUSIP No. 960402105 Page 7 of 9 Pages
(ii) shared power to vote or to direct the vote -
(iii)sole power to dispose or to direct the disposition of -
(iv) shared power to dispose or to direct the
disposition of -
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 class of securities, check
the following [X].
Item 6 OWNERSHIP OF MORE THAN FIVE PERCENT ON
BEHALF OF ANOTHER PERSON:
Not applicable.
Item 7 IDENTIFICATION AND CLASSIFICATION OF THE
SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING
REPORTED ON BY THE PARENT HOLDING COMPANY:
See Item 3 above.
CUSIP No. 960402105 Page 8 of 9 Pages
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
purpose or effect.
SIGNATURE:
After reasonable inquiry and to the best
of my knowledge and belief, I certify that
the information set forth in this statement
is true, complete and correct.
Date: as of December 31, 1997
Signature: Bankers Trust New York
Corporation
By: /s/James T. Byrne, Jr.
Name: James T. Byrne, Jr.
Title: Secretary
EXHIBIT TO ITEM 7
The chain of ownership from Bankers Trust New
York Corporation to Bankers Trust Company is
shown below:
Bankers Trust New York Corporation
|
100%
|
Bankers Trust Company
