EXHIBIT 23
 
                   CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS
 
  As independent public accountants, we hereby consent to the incorporation of
our report, dated March 6, 1997, included in this Form 10-K, into the
Company's previously filed Registration Statement File Nos. 2-76922, 2-96982,
33-17136, 33-27227, 33-34952, 33-15515, 33-48832, 33-48840, 33-58746, 33-
61038, 33-78424, 33-58887, 33-58231 and 33-64753.
 
                                       /S/ ARTHUR ANDERSEN LLP
 
New York, New York
March 14, 1997