EXHIBIT 23

                       CONSENT OF INDEPENDENT ACCOUNTANTS

     We  hereby consent  to the  incorporation by  reference in  the Prospectus
constituting part of this Registration Statement on Form  S-3 and Amendment No.
1 to Registration  Statement on  Form S-3  (No. 33-49051) of  our report  dated
February  6,  1995, which  appears  on page  66 of  the  1994 Annual  Report to
Shareholders  of Anheuser-Busch  Companies,  Inc.,  which  is  incorporated  by
reference  in  the Company's  Annual Report  on  Form 10-K  for the  year ended
December  31, 1994.  We  also consent to the  incorporation by reference of our
report on the  Financial Statement Schedule, which  appears on page 15  of such
Annual  Report on Form 10-K.  We also  consent to the reference to us under the
heading "Experts" in such Prospectus.


PRICE WATERHOUSE LLP

St. Louis, Missouri
July 5, 1995