-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 BGk+oIIxfEBjkJltNRN5Je4HsIDtQVrqwVOs7szhLnqd1uQCZ3Icd0LiiEMIsFQ+
 Mk8w7FStM+OwT8gCCOIdSA==

<SEC-DOCUMENT>0001209191-03-033700.txt : 20031204
<SEC-HEADER>0001209191-03-033700.hdr.sgml : 20031204
<ACCEPTANCE-DATETIME>20031204175002
ACCESSION NUMBER:		0001209191-03-033700
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20031204
FILED AS OF DATE:		20031204

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			KEITHLEY INSTRUMENTS INC
		CENTRAL INDEX KEY:			0000054991
		STANDARD INDUSTRIAL CLASSIFICATION:	INSTRUMENTS FOR MEAS & TESTING OF ELECTRICITY & ELEC SIGNALS [3825]
		IRS NUMBER:				340794417
		STATE OF INCORPORATION:			OH
		FISCAL YEAR END:			0930

	BUSINESS ADDRESS:	
		STREET 1:		28775 AURORA RD
		CITY:			SOLON
		STATE:			OH
		ZIP:			44139
		BUSINESS PHONE:		2162480400

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			HUDSON WILLIAM J
		CENTRAL INDEX KEY:			0001059467
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRONIC CONNECTORS [3678]
		STATE OF INCORPORATION:			PA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-09965
		FILM NUMBER:		031038680

	BUSINESS ADDRESS:	
		STREET 1:		C/O CARPENTER TECHNOLOGY CORP
		STREET 2:		1047 NORTH PARK ROAD
		CITY:			WYOMISSING
		STATE:			PA
		ZIP:			19610
		BUSINESS PHONE:		6102082673

	MAIL ADDRESS:	
		STREET 1:		1047 NORTH PARK ROAD
		CITY:			WYOMISSING
		STATE:			PA
		ZIP:			19610
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>doc4.xml
<DESCRIPTION>FORM 4 SUBMISSION
<TEXT>
<XML>
<?xml version="1.0"?><ownershipDocument><schemaVersion>X0201</schemaVersion>    <documentType>4</documentType><periodOfReport>2003-12-04</periodOfReport><notSubjectToSection16>0</notSubjectToSection16><issuer><issuerCik>0000054991</issuerCik><issuerName>KEITHLEY INSTRUMENTS INC</issuerName>        <issuerTradingSymbol>KEI</issuerTradingSymbol></issuer><reportingOwner><reportingOwnerId><rptOwnerCik>0001059467</rptOwnerCik><rptOwnerName>HUDSON WILLIAM J</rptOwnerName></reportingOwnerId><reportingOwnerAddress><rptOwnerStreet1>KEITHLEY INSTRUMENTS, INC.</rptOwnerStreet1><rptOwnerStreet2>28775 AURORA ROAD</rptOwnerStreet2><rptOwnerCity>SOLON</rptOwnerCity><rptOwnerState>OH</rptOwnerState><rptOwnerZipCode>44139</rptOwnerZipCode><rptOwnerStateDescription></rptOwnerStateDescription></reportingOwnerAddress><reportingOwnerRelationship><isDirector>1</isDirector><isOfficer>0</isOfficer><isTenPercentOwner>0</isTenPercentOwner><isOther>0</isOther></reportingOwnerRelationship></reportingOwner><nonDerivativeTable><nonDeriva
tiveHolding><securityTitle><value>Common Shares</value></securityTitle><postTransactionAmounts><sharesOwnedFollowingTransaction><value>15000.0000</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></nonDerivativeHolding></nonDerivativeTable><derivativeTable><derivativeHolding><securityTitle><value>Common Stock Option</value></securityTitle><conversionOrExercisePrice><value>17.7813</value></conversionOrExercisePrice><exerciseDate><value>2000-08-13</value></exerciseDate><expirationDate><value>2010-02-12</value></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Common Stk</value></underlyingSecurityTitle><underlyingSecurityShares><value>10000.0000</value></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>10000.0000</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectO
wnership><value>D</value></directOrIndirectOwnership></ownershipNature></derivativeHolding><derivativeHolding><securityTitle><value>Common Stock Option</value></securityTitle><conversionOrExercisePrice><value>36.8500</value></conversionOrExercisePrice><exerciseDate><value>2001-08-18</value></exerciseDate><expirationDate><value>2011-02-17</value></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Common Stk</value></underlyingSecurityTitle><underlyingSecurityShares><value>10000.0000</value></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>10000.0000</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></derivativeHolding><derivativeHolding><securityTitle><value>Common Stock Option</value></securityTitle><conversionOrExercisePrice><value>19.2300</value></conversionOrExercisePrice><exerciseDate><value>2002-08-17</val
ue></exerciseDate><expirationDate><value>2012-02-16</value></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Common Stk</value></underlyingSecurityTitle><underlyingSecurityShares><value>10000.0000</value></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>10000.0000</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></derivativeHolding><derivativeHolding><securityTitle><value>Common Stock Option</value></securityTitle><conversionOrExercisePrice><value>10.7000</value></conversionOrExercisePrice><exerciseDate><value>2003-08-16</value></exerciseDate><expirationDate><value>2013-02-15</value></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Common Stk</value></underlyingSecurityTitle><underlyingSecurityShares><value>10000.0000</value></underlyingSecurityShares></underlyingSecurity><postTransactionA
mounts><sharesOwnedFollowingTransaction><value>10000.0000</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></derivativeHolding><derivativeTransaction><securityTitle><value>Phantom Stock Units</value></securityTitle><conversionOrExercisePrice><value>17.0492</value></conversionOrExercisePrice><transactionDate><value>2003-12-04</value></transactionDate><deemedExecutionDate></deemedExecutionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>A</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionTimeliness><value></value></transactionTimeliness><transactionAmounts><transactionShares><value>319.7000</value></transactionShares><transactionPricePerShare><value>0</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>A</value></transactionAcquiredDisposedCode></transactionAmounts><exerciseDate><footnoteId i
d="F1" /></exerciseDate><expirationDate><footnoteId id="F1" /></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Common Stk</value></underlyingSecurityTitle><underlyingSecurityShares><value>319.7000</value></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>6626.9800</value><footnoteId id="F2" /></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></derivativeTransaction></derivativeTable><footnotes><footnote id="F1">The phantom stock units were accrued under the Keithley Instruments, Inc. Deferred Stock Plan and are to be settled in five installments of common stock upon retirement from the Board of the reporting person; retirement date is not yet known.</footnote><footnote id="F2">Phantom shares were acquired on various dates (beginning 07/19/1999) with prices ranging from $4.219 to $64.00.</footnote></footnotes><remark
s></remarks><ownerSignature><signatureName>Mark J. Plush, Attorney-in Fact</signatureName><signatureDate>2003-12-04</signatureDate></ownerSignature></ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----