Exhibit 23.0





The Board of Directors
Alliance Capital Management Corporation


We consent to incorporation by reference in Form 10-K of Alliance Capital
Management L.P. of our report dated January 27, 1994, except as to Note 12,
which is as of March 7, 1994, relating to the consolidated statements of
financial condition of Alliance Capital Management L.P. and subsidiaries as of
December 31, 1993 and 1992 and the related consolidated statements of income,
changes in partners' capital, and cash flows for the years ended December 31,
1993, 1992 and 1991.  We also consent to the use of our report included herein
on Schedule I - Marketable Securities December 31, 1993.







                                             KPMG PEAT MARWICK


New York, New York
March 30, 1994