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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: 1236
DATED: MAY 10, 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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<CAPTION>
<S> <C>
BASE RATE: Same Day Fed Funds Effective
INDEX MATURITY: One Day
TRADE DATE: May 10, 1995
SETTLEMENT DATE: May 17, 1995
MATURITY DATE: May 17, 1996
REDEMPTION DATE: N/A
OPTIONAL REPAYMENT DATES: N/A
SPREAD: 0.170%
(SEVENTEEN BASIS POINTS)
SPREAD MULTIPLIER: N/A
MAXIMUM INTEREST RATE: N/A
MINIMUM INTEREST RATE: N/A
INTEREST RESET DATES: Daily
INTEREST PAYMENT DATES: August 17, November 17, February 17 & May 17--subject to modified
following business day convention
INITIAL INTEREST RATE: TBD 5/17/95
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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.
PRICING STICKER ADDITION
The Medium-Term Notes, Series B of Merrill Lynch & Co., Inc. with the terms
specified in this Prospectus Supplement offered hereby are referred to in this
Prospectus Supplement as the "Notes". The following shall apply to the Notes:
1. "Interest Determination Date" with respect to any Interest Reset Date shall
be such Interest Reset Date.
2. The fourth full paragraph on page S-6 of the attached Prospectus Supplement
dated March 29, 1994 is replaced in its
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entirety by the following paragraph: "Each Interest Rate Basis shall be the rate
determined in accordance with the applicable provisions below. Except as set
forth above, the interest rate in effect on each day shall be (a) if such day is
an Interest Reset Date, the interest rate determined as of the Interest
Determination Date occurring on such Interest Reset Date or (b) if such day is
not an Interest Reset Date, the interest rate determined as of the immediately
preceding Interest Determination Date; provided, however, that the interest rate
in effect for the period beginning on and including the second Business Day
immediately prior to any Interest Payment Date or the Maturity and ending on and
including the day immediately preceding each such Interest Payment Date or
Maturity, as the case may be, shall be the interest rate in effect on the second
Business Day preceding each such Interest Payment Date or Maturity, as the case
may be."
