Exhibit 23.1


                        Consent of Independent Auditors

We consent to the reference to our firm under the caption "Experts" and to the
use of our reports dated February 6, 1995, with respect to the financial
statements of The Andersons Management Corp. (the "General Partner") and the
consolidated financial statements of The Andersons (the "Partnership") in
Amendment No. 3 to the Registration Statement (Form S-4 No. 33-58963) and
related Joint Proxy Statement/Prospectus of The Andersons Management Corp. and
The Andersons.

                                          /s/ Ernst & Young LLP
                                          ERNST & YOUNG LLP

Toledo, Ohio
September 26, 1995