Ownership Submission
FORM 3
UNITED STATES 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(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  McRae Lawrence D
2. Date of Event Requiring Statement (Month/Day/Year)
04/28/2005
3. Issuer Name and Ticker or Trading Symbol
CORNING INC /NY [GLW]
(Last)
(First)
(Middle)
ONE RIVERFRONT PLAZA
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Senior Vice President
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

CORNING, NY 14831
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
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)
Common Stock 71,137
D
 
Common Stock 736.71
I
Held by Wife - Employee Benefit Plan
Common Stock 4,628.44
I
Trustee U/Employee Benefit Plan

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
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)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (right to buy) 01/03/2006 01/02/2013 Common Stock 15,000 $ 3.8 D  
Stock Options (right to buy) 12/04/2005 12/03/2012 Common Stock 15,000 $ 4.06 D  
Stock Options (right to buy) 02/03/2006 02/02/2013 Common Stock 15,000 $ 4.15 D  
Stock Options (right to buy) 02/01/2003 02/01/2012 Common Stock 65,938 $ 7.74 D  
Stock Options (right to buy) 02/01/1999 12/05/2005 Common Stock 6,342 $ 8.7 D  
Stock Options (right to buy) 06/07/1996 06/06/2005 Common Stock 1,086 $ 8.84 D  
Stock Options (right to buy) 10/03/2002 10/03/2011 Common Stock 40,000 $ 8.98 D  
Stock Options (right to buy) 02/01/2000 10/05/2008 Common Stock 24,000 $ 9.38 D  
Stock Options (right to buy) 12/05/2002 12/05/2011 Common Stock 42,500 $ 9.95 D  
Stock Options (right to buy) 01/02/2006 01/01/2014 Common Stock 14,000 $ 10.4 D  
Stock Options (right to buy) 02/01/2008 01/31/2015 Common Stock 16,250 $ 10.98 D  
Stock Options (right to buy) 12/03/2004 12/02/2013 Common Stock 28,000 $ 11.21 D  
Stock Options (right to buy) 02/01/1999 02/04/2007 Common Stock 6,000 $ 11.77 D  
Stock Options (right to buy) 01/03/2007 01/02/2015 Common Stock 16,250 $ 11.84 D  
Stock Options (right to buy) 12/01/2005 11/30/2014 Common Stock 32,500 $ 12.7 D  
Stock Options (right to buy) 12/01/2004 02/01/2014 Common Stock 14,000 $ 12.79 D  
Stock Options (right to buy) 08/15/2002 08/15/2006 Common Stock 41,750 $ 15.28 D  
Stock Options (right to buy) 05/15/2002 05/15/2006 Common Stock 41,750 $ 21.15 D  
Stock Options (right to buy) 02/01/2001 11/30/2009 Common Stock 12,000 $ 31.83 D  
Stock Options (right to buy) 12/06/2001 12/05/2010 Common Stock 35,000 $ 70.75 D  
Stock Options (right to buy) 06/06/2003 06/05/2010 Common Stock 120,000 $ 72.11 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
McRae Lawrence D
ONE RIVERFRONT PLAZA
CORNING, NY 14831
      Senior Vice President  

Signatures

Denise A. Hauselt, Power of Attorney 05/03/2005
**Signature of Reporting Person Date

Explanation of Responses:

* 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.

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