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                                                               File No. 33-38879
                                                                  Rule 424(b)(3)

                             PROSPECTUS SUPPLEMENT
                    (To Prospectus dated March 24, 1994)
               (To Prospectus Supplement dated March 29, 1994)
                                  No.:  1168
                                Dated:  07/05/94


                           MERRILL LYNCH & CO., INC.

                               Medium-Term Notes



Base Rate:                 Fed Funds
                          
Index Maturity:            N/A

Maturity Date:             07/12/95

Redemption Date:           N/A

Optional Repayment Dates:  N/A

Spread:                    0.200%
                           (plus twenty basis points)

Spread Multiplier:         N/A

Maximum Interest Rate:     N/A

Minimum Interest Rate:     N/A

Interest Reset Dates:      Daily, using the H.15 Fed Funds rate corresponding to
                           the immediately preceding Business Day.

Interest Payment Dates:    10/12/94, 1/12/95, 4/12/95, & 7/12/95.
                           
Initial Interest Rate:     Determined 7/12/94

Form:                      Book-entry



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