EXHIBIT 23
     
  
  CONSENT OF INDEPENDENT ACCOUNTANTS
     
     We hereby consent to the incorporation by reference in the
 Registration Statements on Form S-3 (No. 333-47081 and No. 33-
 39299) of Caterpillar Financial Services Corporation of our report
 dated January 20, 1999 appearing on page 12 of this Form 10-K.
     
  
  
  
     
 PRICEWATERHOUSECOOPERS LLP
 
 New York, New York
 February 25, 1999
                                  
31