MERRILL LYNCH & CO INC
424B3, 1995-01-12
SECURITY BROKERS, DEALERS & FLOTATION COMPANIES
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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.: 1205
                               Dated: January 11, 1995 


                           MERRILL LYNCH & CO., INC.

                               Medium-Term Notes



Base Rate:                T-bills

                          
Index Maturity:           90 days
                           
                           
Maturity Date:            January 16, 1996
                           
                           
Redemption Date:           N/A         
                           
                           
Optional Repayment Dates:  N/A
                           
                           
Spread:                    0.230%
                           (twenty-three basis points)
                           
                           
Spread Multiplier:         N/A
                           
                           
Maximum Interest Rate:     N/A
                           
                           
Minimum Interest Rate:     N/A
                           
                           
Interest Reset Dates:      Weekly
                           
                           
Interest Payment Dates:    16th of January, April, July and October-subject to  
                           modified following business day convention T-bill  
                           Average Investment Yield is obtained from Telerate 
                           page 56.




Initial Interest Rate:     6.2700%
                           
                           
Form:                      Book-entry




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