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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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<SEC-DOCUMENT>/in/edgar/work/0000216228-00-000040/0000216228-00-000040.txt : 20001102
<SEC-HEADER>0000216228-00-000040.hdr.sgml : 20001102
ACCESSION NUMBER:		0000216228-00-000040
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20001031
FILED AS OF DATE:		20001031

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ITT INDUSTRIES INC
		CENTRAL INDEX KEY:			0000216228
		STANDARD INDUSTRIAL CLASSIFICATION:	 [3590
]		IRS NUMBER:				135158950
		STATE OF INCORPORATION:			IN
		FISCAL YEAR END:			1231
</COMPANY-DATA>

		FILING VALUES:
			FORM TYPE:		4
			SEC ACT:		
			SEC FILE NUMBER:	001-05627
			FILM NUMBER:		749940
</FILING-VALUES>

			BUSINESS ADDRESS:	
				STREET 1:		FOUR W RED OAK LANE
				CITY:			WHITE PLAINS
				STATE:			NY
				ZIP:			10604
				BUSINESS PHONE:		9146412058
</BUSINESS-ADDRESS>

				MAIL ADDRESS:	
					STREET 1:		FOUR W RED OAK LANE
					CITY:			WHITE PLAINS
					STATE:			NY
					ZIP:			10604
</MAIL-ADDRESS>

					FORMER COMPANY:	
						FORMER CONFORMED NAME:	ITT CORP
						DATE OF NAME CHANGE:	19920703
</FORMER-COMPANY>

						FORMER COMPANY:	
							FORMER CONFORMED NAME:	INTERNATIONAL TELEPHONE & TELEGRAPH CORP
							DATE OF NAME CHANGE:	19840321
</FORMER-COMPANY>
</SUBJECT-COMPANY>
<REPORTING-OWNER>

							COMPANY DATA:	
								COMPANY CONFORMED NAME:			TAUREL SIDNEY
								CENTRAL INDEX KEY:			0001016844
								STANDARD INDUSTRIAL CLASSIFICATION:	 [
]<RELATIONSHIP>DIRECTOR
</COMPANY-DATA>

								FILING VALUES:
									FORM TYPE:		4
</FILING-VALUES>

									BUSINESS ADDRESS:	
										STREET 1:		ITT INDUSTRIES INC
										STREET 2:		4 WEST RED OAK LN
										CITY:			WHITE PLAINS
										STATE:			NY
										ZIP:			10604
										BUSINESS PHONE:		9146412000
</BUSINESS-ADDRESS>

										MAIL ADDRESS:	
											STREET 1:		ITT INDUSTRIES INC
											STREET 2:		4 WEST RED OAK LN
											CITY:			WHITE PLAINS
											STATE:			NY
											ZIP:			10604
</MAIL-ADDRESS>
</REPORTING-OWNER>
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>0001.txt
<DESCRIPTION>FORM 4 - 10/31/00
<TEXT>

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
(X) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
   Taurel, Sidney
   Eli Lilly and Company
   Lilly Corporate Center
   Indianapolis, IN  46285
2. Issuer Name and Ticker or Trading Symbol
   ITT Industries, Inc.
   ITT
3. IRS or Social Security Number of Reporting Person (Voluntary)

4. Statement for Month/Year
   10/31/00
5. If Amendment, Date of Original (Month/Year)

6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
   (X) Director ( ) 10% Owner ( ) Officer (give title below) ( ) Other
   (specify below)

7. Individual or Joint/Group Filing (Check Applicable Line)
   (X) Form filed by One Reporting Person
   ( ) Form filed by More than One Reporting Person
<TABLE>
<CAPTION>
___________________________________________________________________________________________________________________________________
 Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned                                                 |
___________________________________________________________________________________________________________________________________|
1. Title of Security       |2.    |3.    |4.Securities Acquired (A)         |5.Amount of        |6.Dir |7.Nature of Indirect       |
                           | Transaction |  or Disposed of (D)              |  Securities       |ect   |  Beneficial Ownership     |
                           |      |      |                                  |  Beneficially     |(D)or |                           |
                           |      |    | |                  | A/|           |  Owned at         |Indir |                           |
                           | Date |Code|V|    Amount        | D |    Price  |  End of Month     |ect(I)|                           |
___________________________________________________________________________________________________________________________________|
<S>                        <C>    <C>  <C><C>               <C> <C>         <C>                 <C>    <C>
Common Stock               |      |    | |                  |   |           |2,000              |D     |                           |
- -----------------------------------------------------------------------------------------------------------------------------------|
Common Stock  (1)          |10/31/|D   |V|805               |D  |(1)        |5,647              |D     |                           |
                           |00    |    | |                  |   |           |                   |      |                           |
- -----------------------------------------------------------------------------------------------------------------------------------|
___________________________________________________________________________________________________________________________________|
<CAPTION>
___________________________________________________________________________________________________________________________________
 Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned                                                   |
___________________________________________________________________________________________________________________________________|
1.Title of Derivative |2.Con-  |3.   |4.    |5.Number of De |6.Date Exer|7.Title and Amount  |8.Price|9.Number    |10.|11.Nature of|
  Security            |version |Transaction | rivative Secu |cisable and|  of Underlying     |of Deri|of Deriva   |Dir|Indirect    |
                      |or Exer |     |      | rities Acqui  |Expiration |  Securities        |vative |tive        |ect|Beneficial  |
                      |cise    |     |      | red(A) or Dis |Date(Month/|                    |Secu   |Securities  |(D)|Ownership   |
                      |Price of|     |      | posed of(D)   |Day/Year)  |                    |rity   |Benefi      |or |            |
                      |Deriva- |     |      |               |Date |Expir|                    |       |ficially    |Ind|            |
                      |tive    |     |      |           | A/|Exer-|ation|   Title and Number |       |Owned at    |ire|            |
                      |Secu-   |     |    | |           | D |cisa-|Date |   of Shares        |       |End of      |ct |            |
                      |rity    |Date |Code|V|  Amount   |   |ble  |     |                    |       |Month       |(I)|            |
___________________________________________________________________________________________________________________________________|
<S>                   <C>      <C>   <C>  <C><C>        <C> <C>   <C>   <C>          <C>     <C>     <C>          <C> <C>
None                  |        |     |    | |           |   |     |     |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
                      |        |     |    | |           |   |     |     |            |       |       |            |   |            |
___________________________________________________________________________________________________________________________________|
</TABLE>
Explanation of Responses:
(1)  Restricted Stock originally granted under the ITT Industries 1996
Restricted Stock Plan for Non-Employee
Directors became unrestricted with Mr. Taurel's departure from the Board
of
       Directors, with 805 of such shares being forfeited to the Company
pursuant to the provisions of the plan.
SIGNATURE OF REPORTING PERSON
SIDNEY TAUREL
DATE
10/31/00

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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