THERMO ELECTRON CORP
11-K, 1994-10-05
MEASURING & CONTROLLING DEVICES, NEC
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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 11-K

                 For Annual Reports of Employee Stock Purchase, 
           Savings and Similar Plans Pursuant to Section 15(d) of the 
                        Securities Exchange Act of  1934

        (Mark one)

             X    Annual report pursuant to Section 15(d) of the 
                  Securities Exchange Act of 1934 (Fee required)

        For the fiscal year ended December 31, 1993

                                       Or

             ___  Transition report pursuant to Section 15(d) of the 
                  Securities Exchange Act of 1934 (No fee required)

        For the transition period from ___________ to ____________

        Commission file number 1-8002

        A.   Full title of the plan and address of the plan, if different
             from that of the issuer named below: Thermo Electron 
             Corporation MoneyMatch Plus Plan (address below)

        B.   Name of the issuer of the securities held pursuant to the 
             plan and the address of its principal executive office: 
             Thermo Electron Corporation, 81 Wyman Street, Waltham, 
             Massachusetts  02254-9046.

                                   SIGNATURES

             The Plan.  Pursuant to the requirements of the Securities
        Exchange Act of 1934, the Plan Administrator of the Thermo
        Electron Corporation MoneyMatch Plus Plan has duly caused this
        annual report to be signed on its behalf by the undersigned,
        thereunto duly authorized.

                                 Thermo Electron MoneyMatch Plus Plan

                                 By:  Thermo Electron Corporation,
                                      Plan Administrator

                                      By:         /s/Jonathan W. Painter
                                      Printed Name:  Jonathan W. Painter
                                      Title:         Treasurer           
                              

        Date:  September 30, 1994








                                                               EXHIBIT 23



                    CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS

             As independent public accountants, we hereby consent to the
        incorporation of our report dated September 14, 1994 included in
        Thermo Electron Corporation Money Math Plus Plan's Form 11-K for
        the year ended December 31, 1993, into the Company's previously
        filed Registration Statement File No. 033-54347.



        ARTHUR ANDERSEN LLP

        Boston, Massachusetts,
        September 30, 1994









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