Form: S-8

Initial registration statement for securities to be offered to employees pursuant to employee benefit plans

June 23, 1997

CONSENT OF INDEPENDENT AUDITORS

Published on June 23, 1997



EXHIBIT 23.1



CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS


We consent to the incorporation by reference in the Registration Statement
(Form S-8) pertaining to the Wal-Mart Stores, Inc. 401(k) Retirement Savings
Plan of our report dated March 21, 1997, with respect to the consolidated
financial statements of Wal-Mart Stores, Inc., incorporated by reference in
its Annual Report (Form 10-K) for the year ended January 31, 1997, filed with
the Securities and Exchange Commission.



ERNST & YOUNG LLP


Tulsa, Oklahoma
June 23, 1997