EXHIBIT 23.1

INDEPENDENT AUDITORS' CONSENT
-----------------------------

The Board of Directors
Emerson Electric Co.:

We consent to the use of our reports incorporated herein by reference and to
the reference to our firm under the heading "Experts" in the prospectus. Our
report on the consolidated financial statements of Emerson Electric Co. as of
September 30, 1994 and for the year then ended refers to a change in its method
of accounting for postretirement benefits other than pensions.

/S/ KPMG PEAT MARWICK LLP
KPMG Peat Marwick LLP

St. Louis, Missouri
June 16, 1995