SECURITIES AND EXCHANGE COMMISSION


                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT




                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

       Date of Report (Date of earliest event reported) November 15, 1996


                                BALL CORPORATION
           -----------------------------------------------------------
             (Exact name of registrant as specified in its charter)


                                     Indiana
           -----------------------------------------------------------
                 (State or other jurisdiction of incorporation)


                  1-7349                                   35-0160610
      --------------------------------       -----------------------------------
          (Commission File Number)            (IRS Employer Identification No.)



                345 South High Street, Muncie, Indiana 47305-2326
               (Address of principal executive office) (Zip Code)



Registrant's telephone number, including area code:  (317) 747-6100



                                Ball Corporation
                           Current Report on Form 8-K
                             Dated November 15, 1996



Item 5.  Other Events.

On November 4, 1996,  Ball  Corporation  announced  it had reached a  definitive
agreement with the Honickman Group of Philadelphia to acquire for  approximately
$30  million   certain  assets  of  Brunswick   Corporation,   a  company  which
manufactures  PET plastic  bottles for use by  Honickman's  soft drink  bottling
companies.  The agreement includes an arrangement for Ball to supply Honickman's
requirements for PET plastic  bottles.  Ball will acquire the Brunswick plant in
Virginia  and build a new  state-of-the-art  plant in the  greater  Philadelphia
area.

Item 7.  Financial Statements and Exhibits

The following is filed as an Exhibit to this Report.

Exhibit Number 99

Description

Ball Announces New PET Supply Agreement and Acquisition of Assets.




                                Ball Corporation
                           Current Report on Form 8-K
                             Dated November 15, 1996


                                    SIGNATURE



Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.



                                BALL CORPORATION
                                  (Registrant)



Date:  November 15, 1996                      By:  /s/ A. R. Schlesinger
                                                   ---------------------
                                                   A. R. Schlesinger
                                                   Vice President and Controller




                                Ball Corporation
                           Current Report on Form 8-K
                             Dated November 15, 1996

                                  EXHIBIT INDEX


Exhibit           Description

 EX-99            Text of  a  press  release  disseminated by the  registrant on
                  November 4, 1996.