<ARTICLE> 5                                                       Exhibit 27 (b)
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE EMERSON
ELECTRIC CO. CONSOLIDATED STATEMENTS OF EARNINGS AND CONSOLIDATED BALANCE SHEETS
AS OF AND FOR THE PERIODS ENDED GIVEN BELOW, FILED WITH THE COMPANY'S FORM 10-K
AND FORMS 10-Q, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
<RESTATED>
<MULTIPLIER> 1,000
       
                                                                       
<PERIOD-TYPE>                   12-MOS                   9-MOS                   6-MOS
<FISCAL-YEAR-END>                          SEP-30-1997             SEP-30-1997             SEP-30-1997
<PERIOD-END>                               SEP-30-1997             JUN-30-1997             MAR-31-1997
<CASH>                                         221,100                 325,400                 284,200
<SECURITIES>                                         0                       0                       0
<RECEIVABLES>                                2,254,200               2,343,200               2,311,400
<ALLOWANCES>                                    54,000                  58,600                  56,800
<INVENTORY>                                  1,881,600               1,836,300               1,824,100
<CURRENT-ASSETS>                             4,716,800               4,813,200               4,698,900
<PP&E>                                       5,433,700               5,274,800               5,162,600
<DEPRECIATION>                               2,698,300               2,691,600               2,624,600
<TOTAL-ASSETS>                              11,463,300              11,096,500              10,919,500
<CURRENT-LIABILITIES>                        3,842,400               3,471,900               3,304,500
<BONDS>                                        570,700                 654,700                 783,800
<PREFERRED-MANDATORY>                                0                       0                       0
<PREFERRED>                                          0                       0                       0
<COMMON>                                       238,300                 238,300                 238,300
<OTHER-SE>                                   5,182,400               5,281,900               5,179,300
<TOTAL-LIABILITY-AND-EQUITY>                11,463,300              11,096,500              10,919,500
<SALES>                                     12,298,600               9,142,500               5,934,100
<TOTAL-REVENUES>                            12,298,600               9,142,500               5,934,100
<CGS>                                        7,865,600               5,859,800               3,792,800
<TOTAL-COSTS>                                7,865,600               5,859,800               3,792,800
<OTHER-EXPENSES>                                     0                       0                       0
<LOSS-PROVISION>                                     0                       0                       0
<INTEREST-EXPENSE>                             120,900                  87,300                  57,300
<INCOME-PRETAX>                              1,783,600               1,322,600                 851,000
<INCOME-TAX>                                   661,700                 490,700                 315,700
<INCOME-CONTINUING>                                  0                       0                       0
<DISCONTINUED>                                       0                       0                       0
<EXTRAORDINARY>                                      0                       0                       0
<CHANGES>                                            0                       0                       0
<NET-INCOME>                                 1,121,900                 831,900                 535,300
<EPS-PRIMARY>                                     2.52                    1.87                    1.20
<EPS-DILUTED>                                     2.50                    1.85                    1.19