Filed pursuant to Rule 424(b)(2)
Registration No. 333-84673
Pricing Supplement No. 3 dated June 1, 2000
(To Prospectus and Prospectus Supplement
dated September 23, 1999)
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Emerson Electric Co.
MEDIUM - TERM NOTES
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Designation: Floating Rate Notes Due June 6, 2001
CUSIP No.: 29101LAX8
Principal Amount (in Specified
Currency): US$ 300,000,000
Price to Public (Issue Price): Variable Price Reoffer
Underwriter's Commission: none
Net Proceeds to Emerson: US$ 300,000,000
Trade Date: June 1, 2000
Settlement Date (Original Issue Date): June 6, 2000
Maturity Date: June 6, 2001
Base Rate: LIBOR Telerate Page 3750, U.S. Dollars, One Month
Index Maturity: One month
Spread: Minus 5 basis points (.05%)
Initial Interest Rate: 6.60625%
Interest Reset Dates: The 6th day of each month, commencing July 6, 2000.
Interest Determination Dates: Two (2) London Banking Days prior to each Interest Reset Date.
Interest Payment Dates: Monthly on the 6th of each month, commencing July 6, 2000.
Underwriter: Morgan Stanley Dean Witter (Broker 0050)
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Neither the Securities and Exchange Commission nor any state securities
commission has approved or disapproved of these securities or determined if this
prospectus supplement or the accompanying prospectus is truthful or complete.
Any representation to the contrary is a criminal offense.