Exhibit 23.1



               CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS



As independent public accountants, we hereby consent to the incorporation
of our reports included in this Form 10-K, into The Jones Financial Companies,
L.L.L.P.'s previously filed Form S-2 Registration Statement File No. 33-61049
and Form S-8 Registration Statements File No. 333-48233, No. 333-55729,
No. 33-35247 and No. 33-62734.



ARTHUR ANDERSEN LLP



St. Louis, Missouri
March 29, 2000