CONSENT OF INDEPENDENT AUDITORS

Board of Directors
Walnut Capital, Inc.
Aurora, Colorado




We hereby consent to the use in the Prospectus constituting part of the
Registration Statement on Form 10-SB, and any amendments thereto, to be filed
by Walnut Capital, Inc. of our Auditors' Opinion dated July 8, 1996
accompanying the Financial Statements of Walnut Capital, Inc. as of July 5,
1996, and to the use of our name under the caption "Experts" in the
Prospectus.




/s/ Schumacher & Associates, Inc.
SCHUMACHER & ASSOCIATES, INC.
Certified Public Accountants
12835 E. Arapahoe Road
Tower II, Suite 110
Englewood, Colorado  80112

August 28, 1996