Cube beef into bite-size pieces. Place in casserole or baking pan with lid. (Do not precook meat.) Peel and cube potatoes, carrots and celery; place on top of meat. Add soups and water; place bay leaf on top. Cover and cook in oven for 8 hours at 225 degrees. When done, discard bay leaf, stir stew and serve.
Per serving: 402 Calories; 11g Fat (24% calories from fat); 32g Protein; 45g Carbohydrate; 78mg Cholesterol; 2306mg Sodium