EXHIBIT 23.1

                          INDEPENDENT AUDITORS' CONSENT


The Board of Directors
Emerson Electric Co.:


We consent to the use of our report incorporated  herein by reference.  Our
report on the  consolidated  financial  statements of Emerson Electric Co. as of
September  30,  1997 and 1996 and for each of the years in the three year period
ended  September 30, 1997 refers to a change in accounting  for  post-employment
benefits.
 
                                        KPMG Peat Marwick LLP


St. Louis, Missouri
February 26, 1998