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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)
PROSPECTUS NUMBER: 1238
DATED: MAY 16, 1995
MERRILL LYNCH & CO., INC.
MEDIUM-TERM NOTES, SERIES B
DUE NINE MONTHS OR MORE FROM DATE OF ISSUE
VARIABLE RATE NOTES
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<S> <C>
BASE RATE: Prime
INDEX MATURITY: One Day
TRADE DATE: May 16, 1995
SETTLEMENT DATE: May 24, 1995
MATURITY DATE: May 24, 1996
REDEMPTION DATE: N/A
OPTIONAL REPAYMENT DATES: N/A
SPREAD: -2.720%
(MINUS TWO HUNDRED SEVENTY TWO bps)
SPREAD MULTIPLIER: N/A
MAXIMUM INTEREST RATE: N/A
MINIMUM INTEREST RATE: N/A
INTEREST RESET DATES: Daily, using prior day's H.15 Prime
INTEREST PAYMENT DATES: August 24, 1995; November 24, 1995; February 24, 1996 and maturity--
subject to modified following business day convention.
INITIAL INTEREST RATE: TBD May 24, 1995
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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.
