<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.: 1230
DATED: APRIL 27, 1995
MERRILL LYNCH & CO., INC.
MEDIUM-TERM NOTES
<TABLE>
<CAPTION>
<S> <C>
BASE RATE: Fed Funds Open
INDEX MATURITY: One Day
MATURITY DATE: May 15, 1996
REDEMPTION DATE: N/A
OPTIONAL REPAYMENT DATES: N/A
SPREAD: 0.200%
(twenty basis points)
SPREAD MULTIPLIER: N/A
MAXIMUM INTEREST RATE: N/A
MINIMUM INTEREST RATE: N/A
INTEREST RESET DATES: Daily
INTEREST PAYMENT DATES: Pays on the 15th of February, May, August and November--subject to
following business day convention.
INITIAL INTEREST RATE: TBD 5/5/95
FORM: Book-entry
</TABLE>
On April 24, 1995, the Company increased to $11,150,000,000 the
aggregate principal amount of Medium-Term Notes, Series B authorized to
be issued pursuant to the attached Prospectus Supplement and
supplements related thereto. Such amount represents an increased
authorization of $2,500,000,000. As of March 31, 1995, the Company had
issued and outstanding Notes in an aggregate principal amount of
approximately $5,566,708,000.