EXHIBIT 23
CONSENT OF INDEPENDENT ACCOUNTANTS
We hereby consent to the incorporation by reference in the Registration
Statement on Forms S-8 (No. 2-90123, as amended, 2-97450, as amended, 33-3718,
as amended, 33-8003, 33-14116, 33-37353, 33-39280, 33-40598, 333-03609, 333-
32853, and 333-32851) of Caterpillar Inc. of our report dated January 20, 1999
related to the consolidated financial statements of Caterpillar Inc., appearing
on page A-3 of the Appendix to the Company's 1999 Annual Meeting Proxy Statement
which is incorporated in this Annual Report on Form 10-K.
We hereby consent to the incorporation by reference in the Prospectus
constituting part of the Registration Statement on Forms S-3 (Nos. 33-46194,
333-22041, 333-43133, and 333-43983) of Caterpillar Inc. of our report dated
January 20, 1999 related to the consolidated financial statements of Caterpillar
Inc., appearing on page A-3 of the Appendix to the Company's 1999 Annual Meeting
Proxy Statement which is incorporated in this Annual Report on Form 10-K.
PricewaterhouseCoopers LLP
Peoria, Illinois
March 26, 1999
Exhibit 23 Page 1 of 1