EXHIBIT 23(b)

                CONSENT OF INDEPENDENT ACCOUNTANTS


    We hereby consent to the incorporation by reference in this
Registration Statement on Form S-8 of our report dated November 27,
1996 which appears on page 33 of Greif Bros. Corporation's Annual
Report on Form 10-K for the year ended October 31, 1996.  We also
consent to the incorporation by reference of our report on the
Financial Statement Schedules, which appears on page 51 of such
Annual Report on Form 10-K.



/s/ Price Waterhouse LLP

PRICE WATERHOUSE LLP
Columbus, Ohio
May 12, 1997