EXHIBIT 23
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Alco Standard Corporation
Form 10-K - Fiscal Year Ended
September 30, 1995
CONSENT OF ERNST & YOUNG LLP, INDEPENDENT AUDITORS
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We consent to the incorporation by reference in this Annual Report (Form 10-K)
of Alco Standard Corporation of our report dated October 17, 1995, (except for
the stock split described in Note 1, as to which the date is November 9,
1995), included in the 1995 Annual Report to the Shareholders of Alco Standard
Corporation.
Our audits also included the financial statement schedule of Alco Standard
Corporation listed in item 14(a). This schedule is the responsibility of the
Company's management. Our responsibility is to express an opinion based on our
audits. In our opinion, the financial statement schedule referred to above,
when considered in relation to the basic financial statements taken as a whole,
presents fairly in all material respects the information set forth therein.
We consent to the incorporation by reference in the following registration
statements on Form S-8 and Form S-3 of Alco Standard Corporation and in the
related Prospectuses of our report dated October 17, 1995, (except for the stock
split described in Note 1, as to which the date is November 9, 1995), with
respect to the consolidated financial statements of Alco Standard Corporation
incorporated by reference in its Annual Report (Form 10-K) for the fiscal year
ended September 30, 1995 filed with the Securities and Exchange Commission and
the related financial statement schedule included therein.
Registration Filing
Number Date Description
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2-66880 March 10, 1980 Alco Standard Corporation
1980 Deferred Compensation Plan
2-75296 December 11, 1982 Alco Standard Corporation
1982 Deferred Compensation Plan
2-70630 December 30, 1982 Alco Standard Corporation
1981 Stock Option Plan
33-00120 September 6, 1985 Alco Standard Corporation
1985 Deferred Compensation Plan
33-3046 February 10, 1987 Alco Standard Corporation
1986 Stock Option Plan
33-26732 January 27, 1989 Alco Standard Corporation
1989 Directors' Stock Option Plan
33-36745 September 10, 1990 Alco Standard Corporation
1991 Deferred Compensation Plan
33-38192 December 10, 1990 Alco Standard Corporation
Partners' Stock Purchase Plan
33-38193 December 10, 1990 Alco Standard Corporation
1986 Stock Option Plan
33-41689 July 12, 1991 Alco Standard Corporation
292,864 Shares of Common Stock
33-41690 July 12, 1991 Alco Standard Corporation
3,300,001 Shares of Common
Stock
33-84376 June 4, 1992 Alco Standard Corporation
Stock Award Plan
33-50974 August 17, 1992 Alco Standard Corporation
1,034,061 Shares of Common
Stock
33-50976 August 17, 1992 Alco Standard Corporation
382,250 Shares of Common Stock
33-55004 November 24, 1992 Alco Standard Corporation
Stock Participation Plan
33-55096 November 24, 1992 Alco Standard Corporation
Stock Option Plan for Non-
Employee Directors
33-49863 July 30, 1993 Alco Standard Corporation
42,200 Shares of Common Stock
33-51183 November 24, 1993 Alco Standard Corporation
Partners' Stock Purchase Plan
33-53711 May 19, 1994 Alco Standard Corporation
496,090 Shares of Common Stock
33-54779 July 28, 1994 Alco Standard Corporation
365,871 Shares of Common Stock
33-54781 July 28, 1994 Alco Standard Corporation
Stock Award Plan
33-55947 October 7, 1994 Alco Standard Corporation
122,409 Shares of Common Stock
33-56455 November 14, 1994 Alco Standard Corporation
25,655 Shares of Common Stock
33-56457 November 14, 1994 Alco Standard Corporation
46,774 Shares of Common Stock
33-56469 November 15, 1994 Alco Standard Corporation
1995 Stock Option Plan
33-56471 November 15, 1994 Alco Standard Corporation
Long Term Incentive Compensation
Plan
33-_____ November 14, 1995 Alco Standard Corporation
$750,000,000 Debt Securities,
Preferred Stock or Common
Stock
/s/ Ernst & Young LLP
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Philadelphia, Pennsylvania Ernst & Young LLP
November 14, 1995