AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON
                                                  MARCH 24, 1995
                              Registration Statement No. 33-_____
_________________________________________________________________

                   SECURITIES AND EXCHANGE COMMISSION
                         WASHINGTON, D.C. 20549
                                FORM S-8
                         REGISTRATION STATEMENT
                                  Under
                       THE SECURITIES ACT OF 1933
                   _________________________________

                     ANHEUSER-BUSCH COMPANIES, INC.
         (Exact name of registrant as specified in its charter)

              Delaware                          43-1162835
   (State or other jurisdiction                (IRS Employer
 of incorporation or organization)          Identification No.)

                           One Busch Place
                      St. Louis, Missouri 63118
               (Address of principal executive offices)
                     __________________________

                           ANHEUSER-BUSCH
            DEFERRED INCOME STOCK PURCHASE AND SAVINGS PLAN
                       (Full title of the plan)

                      __________________________

JoBeth G. Brown, Esq.               Copies to:
Vice President and Secretary        John A. Niemoeller, Esq.
Anheuser-Busch Companies, Inc.      The Stolar Partnership
One Busch Place                     911 Washington Avenue, 7th Fl
St. Louis, Missouri 63118           St. Louis, Missouri 63101
(Name and address of agent for service)

            (314) 577-3314
(Telephone number of agent for service)
                      __________________________

                      CALCULATION OF REGISTRATION FEE

Title of each       Amount      Proposed    Proposed    Amount of
class of            to be       maximum     maximum     registra-
securities          Registered  offering    aggregate   tion fee
to be registered                price       offering
                                per share   price
Common Stock, 
$1 Par Value Per
Share, Including    5,000,000   $57.6875*              $99,461.21
Related Rights      Shares                $288,437,500*

*  Estimated solely for purposes of calculating the registration
fee.  In accordance with Rule 457(h)(1), the proposed offering
price of shares was based on the average of the high and low
prices reported on the New York Stock Exchange for March 20,
1995.

In addition, pursuant to Rule 416(c) under the Securities Act of
1933, this registration statement also covers an indeterminate
amount of interests to be offered or sold pursuant to the
employee benefit plan described herein.  Pursuant to Rule
457(h)(2), no separate registration fee is required with respect
to the plan interests.
<PAGE>
                            PART I

The Section 10(a) prospectus relating to the Plan is omitted from
this Registration Statement pursuant to the Note to Part I of
Form S-8.  This registration statement and Registration No.
33-39715, both of which cover securities offered to employees
under the same Plan, initially will share a common prospectus
pursuant to Rule 429(a).
<PAGE>
                            PART II
        INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

Item 3.   Incorporation of Documents By Reference

     The following documents are incorporated in this
registration statement by reference:

   (a)   The Registrant's Annual Report on Form 10-K for the year
ended December 31, 1994.

   (b)   The Plan's Annual Report on Form 11-K, filed as Exhibit
19.2 to Form 8, Amendment No. 1 to Form 10-K, filed September 26,
1994, for the Plan's fiscal year ended March 31, 1994.

   (c)   The description of the Registrant's shares of common
stock, including the Rights related to the shares as set forth in
the Rights Agreement relating to such Rights, contained in the
Registrant's registration statement filed under the Securities
Exchange Act of 1934, file no. 1-7823, including any amendment or
report filed for the purpose of updating such description.

All documents subsequently filed by the Registrant or the Plan
pursuant to Sections 13(a), 13(c), 14, and 15(d) of the
Securities Exchange Act of 1934, as amended, prior to the filing
of a post-effective amendment which indicates that all securities
offered have been sold or which deregisters all securities then
remaining unsold, shall be deemed to be incorporated by reference
herein and to be a part hereof from the date of the filing of
such documents.


Item 4.   Description of Securities

The Registrant's common stock is registered under Section 12 of
the Securities Exchange Act of 1934, as amended.


Item 5.   Interests of Named Experts and Counsel

Price Waterhouse LLP, the Registrant's independent accountants,
have no interest in the Registrant.

Thomas D. Larson, Esq., Associate General Counsel of the
Registrant, has passed upon the legality of the shares offered
under this registration statement.  Jacquelyn G. Johnson, Esq.,
Senior Associate General Counsel of the Registrant, has passed
upon the compliance of the Plan with the requirements of ERISA.


Page II-1
<PAGE>
Item 6.   Indemnification of Directors and Officers

The Delaware General Corporation Law permits the indemnification
by a Delaware corporation of its directors, officers, employees
and other agents against expenses (including attorneys' fees),
judgments, fines and amounts paid in settlement in connection
with specified actions, suits or proceedings, whether civil,
criminal, administrative or investigative (other than derivative
actions which are by or in the right of the corporation) if they
acted in good faith in a manner they reasonably believed to be in
or not opposed to the best interests of the corporation, and,
with respect to any criminal action or proceeding, had no
reasonable cause to believe their conduct was illegal.  A similar
standard of care is applicable in the case of derivative actions,
except that indemnification only extends to expenses (including
attorneys' fees) incurred in connection with defense or
settlement of such an action or requires court approval before
there can be any indemnification where the person seeking
indemnification has been found liable to the corporation.

The Registrant's Restated Certificate of Incorporation provides
that each person who was or is made a party to, or is involved
in, any action, suit or proceeding by reason of the fact that he
or she is or was a director or officer of the Registrant (or was
serving at the request of the Registrant as a director, officer,
employee or agent for another entity) while serving in such
capacity will be indemnified and held harmless by the Registrant
to the full extent authorized or permitted by Delaware law.  The
Restated Certificate also provides that the Registrant may
purchase and maintain insurance, may also create a trust fund,
grant a security interest and/or use other means (including
establishing letters of credit, surety bonds and other similar
arrangements), and may enter into contracts providing for
indemnification, to ensure full payment of indemnifiable amounts.

The Registrant has entered into indemnification agreements with
its directors and its executive officers.


Item 7.   Exemptions from Registration Claimed

Not Applicable.



Page II-2
<PAGE>
Item 8.  Exhibits

Exhibit 4.1

Anheuser-Busch Deferred Income Stock Purchase and Savings Plan,
As Amended and Restated Effective April 1, 1994.


Exhibit 4.2

Master Defined Contribution Trust Agreement, by and between
Anheuser-Busch Companies, Inc. and Mellon Bank, N.A., with
Exhibits A and B and Appendix


Exhibit 5.1

Opinion and consent of Thomas D. Larson, Esq., Associate General
Counsel of the Registrant, concerning the legality of the shares
of common stock being registered hereunder.


Exhibit 5.2

Opinion and consent of Jacquelyn G. Johnson, Esq., Senior
Associate General Counsel to the Registrant, relating to the
compliance of the Plan as amended and restated with the
requirements of ERISA.


Exhibit 23

Consent of Independent Accountants


Exhibit 24.1

Power of Attorney executed by certain directors and officers of
the Registrant.


Exhibit 24.2

Power of Attorney executed by the members of the Plan's
Administrative Committee.


Page II-3
<PAGE>
Item 9.   Undertakings

  (a)   The undersigned Registrant hereby undertakes:

     (1)   To file, during any period in which offers or sales
are being made, a post-effective amendment to this registration
statement:

        (i)  To include any prospectus required by
     section 10(a)(3) of the Securities Act of 1933;

       (ii)  To reflect in the prospectus any facts or
     events arising after the effective date of the
     registration statement (or the most recent post-effective
     amendment thereof) which, individually or in the
     aggregate, represent a fundamental change in the
     information set forth in the registration statement;

      (iii)  To include any material information
     with respect to the plan of distribution not previously
     disclosed in the registration statement or any material
     change to such information in the registration statement;

Provided, however, that paragraphs (a)(1)(i) and (a)(1)(ii) do
not apply if the registration statement is on Form S-3 or Form
S-8, and the information required to be included in a
post-effective amendment by those paragraphs is contained in
periodic reports filed by the registrant pursuant to section 13
or section 15(d) of the Securities Exchange Act of 1934 that are
incorporated by reference in the registration statement.

     (2)   That, for the purpose of determining any liability
under the Securities Act of 1933, each such post-effective
amendment shall be deemed to be a new registration statement
relating to the securities offered therein, and the offering of
such securities at that time shall be deemed to be the initial
bona fide offering thereof.

     (3)   To remove from registration by means of a
post-effective amendment any of the securities being registered
which remain unsold at the termination of the offering.


Page II-4
<PAGE>
  (b)   The undersigned Registrant hereby undertakes that, for
purposes of determining any liability under the Securities Act of
1933, each filing of the registrant's annual report pursuant to
section 13(a) or section 15(d) of the Securities Exchange Act of
1934 (and, where applicable, each filing of an employee benefit
plan's annual report pursuant to section 15(d) of the Securities
Exchange Act of 1934) that is incorporated by reference in the
registration statement shall be deemed to be a new registration
statement relating to the securities offered therein, and the
offering of such securities at that time shall be deemed to be
the initial bona fide offering thereof.

  (c)   Insofar as indemnification for liabilities arising under
the Securities Act of 1933 may be permitted to directors,
officers and controlling persons of the Registrant pursuant to
the foregoing provisions, or otherwise, the Registrant has been
advised that in the opinion of the Securities and Exchange
Commission such indemnification is against public policy as
expressed in the Act and is, therefore, unenforceable.  In the
event that a claim for indemnification against such liabilities
(other than the payment by the Registrant of expenses incurred or
paid by a director, officer or controlling person of the
Registrant in the successful defense of any action, suit or
proceeding) is asserted by such director, officer or controlling
person in connection with the securities being registered, the
Registrant will, unless in the opinion of its counsel the matter
has been settled by controlling precedent, submit to a court of
appropriate jurisdiction the question whether such
indemnification by it is against public policy as expressed in
the Act and will be governed by the final adjudication of such
issue.


Page II-5
<PAGE>
                          SIGNATURES

The Registrant.
Pursuant to the requirements of the Securities Act of 1933, the
registrant certifies that it has reasonable grounds to believe
that it meets all the requirements for filing on Form S-8 and has
duly caused this registration statement to be signed on its
behalf by the undersigned, thereunto duly authorized, in the City
of St. Louis, State of Missouri, on March 24, 1995.

                         ANHEUSER-BUSCH COMPANIES, INC.


                    By:         JOBETH G. BROWN
                               (JoBeth G. Brown,
                         Vice President and Secretary)

Pursuant to the requirements of the Securities Act of 1933, this
registration statement has been signed below by the following
persons in the capacities and on the dates indicated:

Signature               Title                    Date

 August A. Busch III*   Chairman of the Board    March 24, 1995
(August A. Busch III)    and President and
                         Director (Principal
                         Executive Officer)


 Jerry E. Ritter*       Executive Vice           March 24, 1995
(Jerry E. Ritter)        President - Chief
                         Financial and
                         Administrative Officer
                         (Principal Financial
                         Officer)


 Gerald C. Thayer*      Vice President and       March 24, 1995
(Gerald C. Thayer)       Controller (Principal
                         Accounting Officer)

 _______________________     Director
(Pablo Aramburuzabala O.)


Page II-6
<PAGE>
 Richard T. Baker*           Director            March 24, 1995
(Richard T. Baker)

 Andrew B. Craig III*        Director            March 24, 1995
(Andrew B. Craig III)

 Bernard A. Edison*          Director            March 24, 1995
(Bernard A. Edison)

 Peter M. Flanigan*          Director            March 24, 1995
(Peter M. Flanigan)

 John E. Jacob*              Director            March 24, 1995
(John E. Jacob)

 Charles F. Knight*          Director            March 24, 1995
(Charles F. Knight)

 Vernon R. Loucks, Jr.*      Director            March 24, 1995
(Vernon R. Loucks, Jr.)

 Vilma S. Martinez*          Director            March 24, 1995
(Vilma S. Martinez)

 Sybil C. Mobley*            Director            March 24, 1995
(Sybil C. Mobley)

 James B. Orthwein*          Director            March 24, 1995
(James B. Orthwein)

 Douglas A. Warner III*      Director            March 24, 1995
(Douglas A. Warner III)

 William H. Webster*         Director            March 24, 1995
(William H. Webster)

 _______________________     Director
(Edward E. Whitacre, Jr.)

                              * By:      JOBETH G. BROWN
                                         JoBeth G. Brown
                                         Attorney-in-Fact

Page II-7
<PAGE>
      The Plan.  Pursuant to the requirements of the Securities
Act of 1933, the administrative committee of the Plan has duly
caused this registration statement to be signed on its behalf by
the undersigned, thereunto duly authorized, in the City of St.
Louis, State of Missouri, on March 24, 1995.


                     ANHEUSER-BUSCH DEFERRED INCOME
                    STOCK PURCHASE AND SAVINGS PLAN


Signature                 Title                 Date

 Albert R. Wunderlich*    Committee Member      March 24, 1995
(Albert R. Wunderlich)

 William L. Rammes*       Committee Member      March 24, 1995
(William L. Rammes)

 JoBeth G. Brown*         Committee Member      March 24, 1995
(JoBeth G. Brown)

 Jacquelyn G. Johnson*    Committee Member      March 24, 1995
(Jacquelyn G. Johnson)


                                * By:       JOBETH G. BROWN
                                            JoBeth G. Brown
                                            Attorney-in-Fact


Page II-8
<PAGE>
                         EXHIBIT INDEX

Exhibit 4.1

Anheuser-Busch Deferred Income Stock Purchase and Savings Plan,
As Amended and Restated Effective April 1, 1994.


Exhibit 4.2

Master Defined Contribution Trust Agreement, by and between
Anheuser-Busch Companies, Inc. and Mellon Bank, N.A., with
Exhibits A and B and Appendix


Exhibit 5.1

Opinion and consent of Thomas D. Larson, Esq., Associate General
Counsel of the Registrant, concerning the legality of the shares
of common stock being registered hereunder.


Exhibit 5.2

Opinion and consent of Jacquelyn G. Johnson, Esq., Senior
Associate General Counsel to the Registrant, relating to the
compliance of the Plan as amended and restated with the
requirements of ERISA.


Exhibit 23

Consent of Independent Accountants


Exhibit 24.1

Power of Attorney executed by certain directors and officers of
the Registrant.


Exhibit 24.2

Power of Attorney executed by the members of the Plan's
Administrative Committee.




Page II-9
[{"type": "S-8", "sequence": "1", "secsgml_size_bytes": 16911}]
AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON
                                                  MARCH 24, 1995
                              Registration Statement No. 33-_____
_________________________________________________________________

                   SECURITIES AND EXCHANGE COMMISSION
                         WASHINGTON, D.C. 20549
                                FORM S-8
                         REGISTRATION STATEMENT
                                  Under
                       THE SECURITIES ACT OF 1933
                   _________________________________

                     ANHEUSER-BUSCH COMPANIES, INC.
         (Exact name of registrant as specified in its charter)

              Delaware                          43-1162835
   (State or other jurisdiction                (IRS Employer
 of incorporation or organization)          Identification No.)

                           One Busch Place
                      St. Louis, Missouri 63118
               (Address of principal executive offices)
                     __________________________

                           ANHEUSER-BUSCH
            DEFERRED INCOME STOCK PURCHASE AND SAVINGS PLAN
                       (Full title of the plan)

                      __________________________

JoBeth G. Brown, Esq.               Copies to:
Vice President and Secretary        John A. Niemoeller, Esq.
Anheuser-Busch Companies, Inc.      The Stolar Partnership
One Busch Place                     911 Washington Avenue, 7th Fl
St. Louis, Missouri 63118           St. Louis, Missouri 63101
(Name and address of agent for service)

            (314) 577-3314
(Telephone number of agent for service)
                      __________________________

                      CALCULATION OF REGISTRATION FEE

Title of each       Amount      Proposed    Proposed    Amount of
class of            to be       maximum     maximum     registra-
securities          Registered  offering    aggregate   tion fee
to be registered                price       offering
                                per share   price
Common Stock, 
$1 Par Value Per
Share, Including    5,000,000   $57.6875*              $99,461.21
Related Rights      Shares                $288,437,500*

*  Estimated solely for purposes of calculating the registration
fee.  In accordance with Rule 457(h)(1), the proposed offering
price of shares was based on the average of the high and low
prices reported on the New York Stock Exchange for March 20,
1995.

In addition, pursuant to Rule 416(c) under the Securities Act of
1933, this registration statement also covers an indeterminate
amount of interests to be offered or sold pursuant to the
employee benefit plan described herein.  Pursuant to Rule
457(h)(2), no separate registration fee is required with respect
to the plan interests.
PART I

The Section 10(a) prospectus relating to the Plan is omitted from
this Registration Statement pursuant to the Note to Part I of
Form S-8.  This registration statement and Registration No.
33-39715, both of which cover securities offered to employees
under the same Plan, initially will share a common prospectus
pursuant to Rule 429(a).
PART II
        INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

Item 3.   Incorporation of Documents By Reference

     The following documents are incorporated in this
registration statement by reference:

   (a)   The Registrant's Annual Report on Form 10-K for the year
ended December 31, 1994.

   (b)   The Plan's Annual Report on Form 11-K, filed as Exhibit
19.2 to Form 8, Amendment No. 1 to Form 10-K, filed September 26,
1994, for the Plan's fiscal year ended March 31, 1994.

   (c)   The description of the Registrant's shares of common
stock, including the Rights related to the shares as set forth in
the Rights Agreement relating to such Rights, contained in the
Registrant's registration statement filed under the Securities
Exchange Act of 1934, file no. 1-7823, including any amendment or
report filed for the purpose of updating such description.

All documents subsequently filed by the Registrant or the Plan
pursuant to Sections 13(a), 13(c), 14, and 15(d) of the
Securities Exchange Act of 1934, as amended, prior to the filing
of a post-effective amendment which indicates that all securities
offered have been sold or which deregisters all securities then
remaining unsold, shall be deemed to be incorporated by reference
herein and to be a part hereof from the date of the filing of
such documents.

Item 4.   Description of Securities

The Registrant's common stock is registered under Section 12 of
the Securities Exchange Act of 1934, as amended.

Item 5.   Interests of Named Experts and Counsel

Price Waterhouse LLP, the Registrant's independent accountants,
have no interest in the Registrant.

Thomas D. Larson, Esq., Associate General Counsel of the
Registrant, has passed upon the legality of the shares offered
under this registration statement.  Jacquelyn G. Johnson, Esq.,
Senior Associate General Counsel of the Registrant, has passed
upon the compliance of the Plan with the requirements of ERISA.

Page II-1
Item 6.   Indemnification of Directors and Officers

The Delaware General Corporation Law permits the indemnification
by a Delaware corporation of its directors, officers, employees
and other agents against expenses (including attorneys' fees),
judgments, fines and amounts paid in settlement in connection
with specified actions, suits or proceedings, whether civil,
criminal, administrative or investigative (other than derivative
actions which are by or in the right of the corporation) if they
acted in good faith in a manner they reasonably believed to be in
or not opposed to the best interests of the corporation, and,
with respect to any criminal action or proceeding, had no
reasonable cause to believe their conduct was illegal.  A similar
standard of care is applicable in the case of derivative actions,
except that indemnification only extends to expenses (including
attorneys' fees) incurred in connection with defense or
settlement of such an action or requires court approval before
there can be any indemnification where the person seeking
indemnification has been found liable to the corporation.

The Registrant's Restated Certificate of Incorporation provides
that each person who was or is made a party to, or is involved
in, any action, suit or proceeding by reason of the fact that he
or she is or was a director or officer of the Registrant (or was
serving at the request of the Registrant as a director, officer,
employee or agent for another entity) while serving in such
capacity will be indemnified and held harmless by the Registrant
to the full extent authorized or permitted by Delaware law.  The
Restated Certificate also provides that the Registrant may
purchase and maintain insurance, may also create a trust fund,
grant a security interest and/or use other means (including
establishing letters of credit, surety bonds and other similar
arrangements), and may enter into contracts providing for
indemnification, to ensure full payment of indemnifiable amounts.

The Registrant has entered into indemnification agreements with
its directors and its executive officers.

Item 7.   Exemptions from Registration Claimed

Not Applicable.

Page II-2
Item 8.  Exhibits

Exhibit 4.1

Anheuser-Busch Deferred Income Stock Purchase and Savings Plan,
As Amended and Restated Effective April 1, 1994.

Exhibit 4.2

Master Defined Contribution Trust Agreement, by and between
Anheuser-Busch Companies, Inc. and Mellon Bank, N.A., with
Exhibits A and B and Appendix

Exhibit 5.1

Opinion and consent of Thomas D. Larson, Esq., Associate General
Counsel of the Registrant, concerning the legality of the shares
of common stock being registered hereunder.

Exhibit 5.2

Opinion and consent of Jacquelyn G. Johnson, Esq., Senior
Associate General Counsel to the Registrant, relating to the
compliance of the Plan as amended and restated with the
requirements of ERISA.

Exhibit 23

Consent of Independent Accountants

Exhibit 24.1

Power of Attorney executed by certain directors and officers of
the Registrant.

Exhibit 24.2

Power of Attorney executed by the members of the Plan's
Administrative Committee.

Page II-3
Item 9.   Undertakings

  (a)   The undersigned Registrant hereby undertakes:

     (1)   To file, during any period in which offers or sales
are being made, a post-effective amendment to this registration
statement:

        (i)  To include any prospectus required by
     section 10(a)(3) of the Securities Act of 1933;

       (ii)  To reflect in the prospectus any facts or
     events arising after the effective date of the
     registration statement (or the most recent post-effective
     amendment thereof) which, individually or in the
     aggregate, represent a fundamental change in the
     information set forth in the registration statement;

      (iii)  To include any material information
     with respect to the plan of distribution not previously
     disclosed in the registration statement or any material
     change to such information in the registration statement;

Provided, however, that paragraphs (a)(1)(i) and (a)(1)(ii) do
not apply if the registration statement is on Form S-3 or Form
S-8, and the information required to be included in a
post-effective amendment by those paragraphs is contained in
periodic reports filed by the registrant pursuant to section 13
or section 15(d) of the Securities Exchange Act of 1934 that are
incorporated by reference in the registration statement.

     (2)   That, for the purpose of determining any liability
under the Securities Act of 1933, each such post-effective
amendment shall be deemed to be a new registration statement
relating to the securities offered therein, and the offering of
such securities at that time shall be deemed to be the initial
bona fide offering thereof.

     (3)   To remove from registration by means of a
post-effective amendment any of the securities being registered
which remain unsold at the termination of the offering.

Page II-4
(b)   The undersigned Registrant hereby undertakes that, for
purposes of determining any liability under the Securities Act of
1933, each filing of the registrant's annual report pursuant to
section 13(a) or section 15(d) of the Securities Exchange Act of
1934 (and, where applicable, each filing of an employee benefit
plan's annual report pursuant to section 15(d) of the Securities
Exchange Act of 1934) that is incorporated by reference in the
registration statement shall be deemed to be a new registration
statement relating to the securities offered therein, and the
offering of such securities at that time shall be deemed to be
the initial bona fide offering thereof.

  (c)   Insofar as indemnification for liabilities arising under
the Securities Act of 1933 may be permitted to directors,
officers and controlling persons of the Registrant pursuant to
the foregoing provisions, or otherwise, the Registrant has been
advised that in the opinion of the Securities and Exchange
Commission such indemnification is against public policy as
expressed in the Act and is, therefore, unenforceable.  In the
event that a claim for indemnification against such liabilities
(other than the payment by the Registrant of expenses incurred or
paid by a director, officer or controlling person of the
Registrant in the successful defense of any action, suit or
proceeding) is asserted by such director, officer or controlling
person in connection with the securities being registered, the
Registrant will, unless in the opinion of its counsel the matter
has been settled by controlling precedent, submit to a court of
appropriate jurisdiction the question whether such
indemnification by it is against public policy as expressed in
the Act and will be governed by the final adjudication of such
issue.

Page II-5
SIGNATURES

The Registrant.
Pursuant to the requirements of the Securities Act of 1933, the
registrant certifies that it has reasonable grounds to believe
that it meets all the requirements for filing on Form S-8 and has
duly caused this registration statement to be signed on its
behalf by the undersigned, thereunto duly authorized, in the City
of St. Louis, State of Missouri, on March 24, 1995.

                         ANHEUSER-BUSCH COMPANIES, INC.

                    By:         JOBETH G. BROWN
                               (JoBeth G. Brown,
                         Vice President and Secretary)

Pursuant to the requirements of the Securities Act of 1933, this
registration statement has been signed below by the following
persons in the capacities and on the dates indicated:

Signature               Title                    Date

 August A. Busch III*   Chairman of the Board    March 24, 1995
(August A. Busch III)    and President and
                         Director (Principal
                         Executive Officer)

 Jerry E. Ritter*       Executive Vice           March 24, 1995
(Jerry E. Ritter)        President - Chief
                         Financial and
                         Administrative Officer
                         (Principal Financial
                         Officer)

 Gerald C. Thayer*      Vice President and       March 24, 1995
(Gerald C. Thayer)       Controller (Principal
                         Accounting Officer)

 _______________________     Director
(Pablo Aramburuzabala O.)

Page II-6
Richard T. Baker*           Director            March 24, 1995
(Richard T. Baker)

 Andrew B. Craig III*        Director            March 24, 1995
(Andrew B. Craig III)

 Bernard A. Edison*          Director            March 24, 1995
(Bernard A. Edison)

 Peter M. Flanigan*          Director            March 24, 1995
(Peter M. Flanigan)

 John E. Jacob*              Director            March 24, 1995
(John E. Jacob)

 Charles F. Knight*          Director            March 24, 1995
(Charles F. Knight)

 Vernon R. Loucks, Jr.*      Director            March 24, 1995
(Vernon R. Loucks, Jr.)

 Vilma S. Martinez*          Director            March 24, 1995
(Vilma S. Martinez)

 Sybil C. Mobley*            Director            March 24, 1995
(Sybil C. Mobley)

 James B. Orthwein*          Director            March 24, 1995
(James B. Orthwein)

 Douglas A. Warner III*      Director            March 24, 1995
(Douglas A. Warner III)

 William H. Webster*         Director            March 24, 1995
(William H. Webster)

 _______________________     Director
(Edward E. Whitacre, Jr.)

                              * By:      JOBETH G. BROWN
                                         JoBeth G. Brown
                                         Attorney-in-Fact

Page II-7
The Plan.  Pursuant to the requirements of the Securities
Act of 1933, the administrative committee of the Plan has duly
caused this registration statement to be signed on its behalf by
the undersigned, thereunto duly authorized, in the City of St.
Louis, State of Missouri, on March 24, 1995.

                     ANHEUSER-BUSCH DEFERRED INCOME
                    STOCK PURCHASE AND SAVINGS PLAN

Signature                 Title                 Date

 Albert R. Wunderlich*    Committee Member      March 24, 1995
(Albert R. Wunderlich)

 William L. Rammes*       Committee Member      March 24, 1995
(William L. Rammes)

 JoBeth G. Brown*         Committee Member      March 24, 1995
(JoBeth G. Brown)

 Jacquelyn G. Johnson*    Committee Member      March 24, 1995
(Jacquelyn G. Johnson)

                                * By:       JOBETH G. BROWN
                                            JoBeth G. Brown
                                            Attorney-in-Fact

Page II-8
EXHIBIT INDEX

Exhibit 4.1

Anheuser-Busch Deferred Income Stock Purchase and Savings Plan,
As Amended and Restated Effective April 1, 1994.

Exhibit 4.2

Master Defined Contribution Trust Agreement, by and between
Anheuser-Busch Companies, Inc. and Mellon Bank, N.A., with
Exhibits A and B and Appendix

Exhibit 5.1

Opinion and consent of Thomas D. Larson, Esq., Associate General
Counsel of the Registrant, concerning the legality of the shares
of common stock being registered hereunder.

Exhibit 5.2

Opinion and consent of Jacquelyn G. Johnson, Esq., Senior
Associate General Counsel to the Registrant, relating to the
compliance of the Plan as amended and restated with the
requirements of ERISA.

Exhibit 23

Consent of Independent Accountants

Exhibit 24.1

Power of Attorney executed by certain directors and officers of
the Registrant.

Exhibit 24.2

Power of Attorney executed by the members of the Plan's
Administrative Committee.

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