<PAGE>
File No. 33-38879
Rule 424(b)(3)
PROSPECTUS SUPPLEMENT
(To Prospectus dated March 24, 1994)
(To Prospectus Supplement dated March 29, 1994)
No.: 1159
Dated: 05/16/94
MERRILL LYNCH & CO., INC.
Medium-Term Notes
Base Rate: ___Commercial Paper Index Rate
___Federal Funds Rate
___LIBOR
_X_Treasury Index Rate
___Prime Rate
___Fixed Rate
Maturity Date: 05/24/96
Redemption Date: N/A
Optional Repayment Dates: N/A
Spread: +0.25% (plus twenty-five basis points)
Spread Multiplier: N/A
Maximum Interest Rate: N/A
Minimum Interest Rate: N/A
Interest Reset Dates: 91 day T-Bill auction yield, reset weekly.
Interest Payment Dates: Last Tuesday of February, May, August, & November.
Initial Interest Rate: 4.58%
Index Maturity: 91 days
Form: Book-entry
Merrill Lynch, Pierce, Fenner & Smith Incorporated ("Merrill Lynch") has
purchased the Notes as principal, and intends to resell such Notes to investors
and other purchasers at varying prices related to prevailing market prices at
the time of resale, as determined by Merrill Lynch.
