MERRILL LYNCH & CO INC
424B3, 1996-09-13
SECURITY BROKERS, DEALERS & FLOTATION COMPANIES
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                                                               FILE NO. 33-65135
                                                                  RULE 424(B)(3)
 
                             PROSPECTUS SUPPLEMENT
 
                      (TO PROSPECTUS DATED APRIL 4, 1996)
                (TO PROSPECTUS SUPPLEMENT DATED APRIL 10, 1996)
                            PROSPECTUS NUMBER: 1400
 
 
                           MERRILL LYNCH & CO., INC.
 
                          MEDIUM-TERM NOTES, SERIES B
                   DUE NINE MONTHS OR MORE FROM DATE OF ISSUE
 
                                FIXED RATE NOTES
 
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<S>                       <C>
 
PRINCIPAL AMOUNT:         $25,000,000.00
 
 
TRADE DATE:               September 5, 1996
 
 
ORIGINAL ISSUE DATE:      September 20, 1996
 
 
MATURITY DATE:            September 20, 2016
 
 
INTEREST RATE:            8.00%
 
 
INTEREST PAYMENT DATES:   20th day of each month, commencing on October 20, 1996 through the Maturity
                          Date, subject to the following business day convention.
 
 
OPTIONAL REPAYMENT DATES: See "Other Provisions" below
 
 
INITIAL REDEMPTION DATE:  September 20, 2001
 
 
OTHER PROVISIONS:         Notwithstanding anything to the contrary contained herein, interest on
                          the Notes shall be payable monthly on the 20th day of each month and
                          at Maturity (the "Interest Payment Dates"), commencing on October 20, 1996.
                          This Note is subject to redemption at the option of the Company,
                          in whole, on any Interest Payment Date occurring in March or September
                          commencing on or after the Interest Payment Date in September 2001, (the
                          "Redemption Date") at the Redemption Price together with interest thereon
                          payable to the Redemption Date, on notice given, not more than 60 nor less
                          than 30 days prior to the Redemption Date. The redemption price with respect
                          to this Note shall be 100% of the principal amount of the Notes.
 
 
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     Notwithstanding the provisions contained in the Prospectus Supplement dated
March 29, 1994 attached hereto, interest rates offered by the Company with
respect to the Notes may differ, among other reasons, depending upon the
aggregate principal amount of Notes purchased in any single transaction. Merrill
Lynch & Co., Inc. ("the Company") expects generally to distinguish, with respect
to these offered rates, between purchases which are for less than, and purchases
which are equal to or greater than, $1,000,000. These different rates may be
offered concurrently at any time. The Company may also concurrently offer Notes
having different variable terms (as are described herein or in any Prospectus
Supplement) to different investors, and these different offers may depend upon
whether an offered purchase is for an aggregate principal amount of Notes equal


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