<PAGE>
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: 1429
DATED: DECEMBER 16, 1996
MERRILL LYNCH & CO., INC.
MEDIUM-TERM NOTES, SERIES B
DUE NINE MONTHS OR MORE FROM DATE OF ISSUE
FLOATING RATE NOTES
<TABLE>
<CAPTION>
<S> <C>
BASE RATE: Prime (Prior Day H.15)
INDEX MATURITY: One Day
TRADE DATE: December 16, 1996
SETTLEMENT DATE: December 19, 1996
MATURITY DATE: December 19, 1997
REDEMPTION DATE: N/A
OPTIONAL REPAYMENT DATES: N/A
SPREAD: -2.830%
(minus two hundred eighty three bps)
SPREAD MULTIPLIER: N/A
MAXIMUM INTEREST RATE: N/A
MINIMUM INTEREST RATE: N/A
INTEREST RESET DATES: Daily, using one business day prior.
INTEREST PAYMENT DATES: The 19th of March, June, September and December commencing March 1997
through Maturity, subject to following business day convention.
INITIAL INTEREST RATE: 5.42%
FORM: Book-entry
</TABLE>