KPMG CONSENT
Published on July 19, 1996
EXHIBIT 23.3
INDEPENDENT AUDITORS' CONSENT
The Board of Directors
Emerson Electric Co.:
We consent to the use of our report incorporated herein by reference and to the
reference to our firm under the heading "Experts" in the prospectus. Our reports
on the consolidated financial statements of Emerson Electric Co. as of September
30, 1995 and 1994 and for each of the years in the three year period ended
September 30, 1995 refers to changes in accounting for postretirement benefits
other than pensions and accounting for postemployment benefits.
/S/ KPMG Peat Marwick LLP
St. Louis, Missouri
July 18, 1996