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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: 1387
DATED: JULY 23, 1996
MERRILL LYNCH & CO., INC.
MEDIUM-TERM NOTES, SERIES B
DUE NINE MONTHS OR MORE FROM DATE OF ISSUE
FLOATING RATE NOTES
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<S> <C>
BASE RATE: Fed Funds (Prior Day H.15)
INDEX MATURITY: One Day
TRADE DATE: July 23, 1996
SETTLEMENT DATE: July 26, 1996
MATURITY DATE: July 27, 1998
REDEMPTION DATE: N/A
OPTIONAL REPAYMENT DATES: N/A
SPREAD: 0.300% (plus thirty bps)
SPREAD MULTIPLIER: N/A
MAXIMUM INTEREST RATE: N/A
MINIMUM INTEREST RATE: N/A
INTEREST RESET DATES: Daily
INTEREST PAYMENT DATES: 27th of January, April, July and October, commencing October 1996
through Maturity, subject to following business day convention.
INITIAL INTEREST RATE: TBD, July 26, 1996
FORM: Book-entry
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