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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: 1423
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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PRINCIPAL AMOUNT: $43,798,000.00
TRADE DATE: November 22, 1996
ORIGINAL ISSUE DATE: November 25, 1996
MATURITY DATE: November 26, 2001
INTEREST RATE: 0.00%
INTEREST PAYMENT DATES: N/A
OPTIONAL REPAYMENT DATES: N/A
INITIAL REDEMPTION DATE: N/A
OTHER PROVISIONS: Notwithstanding any other provision contained in the Notes offered hereby, if an Event
of Default (as defined in the Indenture) with respect to the Notes shall occur and be
continuing and the principal of all the Notes is declared due and payable in the manner
and with the effect provided in the Indenture, "principal" with respect to the Notes in
determining any amount then declared due and payable shall mean the Issue Price of this
Note plus that portion of the accrued Original Issue Discount attributable to the
period from the Original Issue Date to the date of acceleration (calculated on a
semi-annual bond equivalent basis using a year composed of twelve 30-day months). Issue
Price shall equal $32,156,401.57 and Original Issue Discount shall equal
$11,641,598.43.
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Notwithstanding the provisions contained in the Prospectus Supplement dated
April 10, 1996 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
to or greater than, or for an amount less than $1,000,000.
The date of this Prospectus Supplement: November 22, 1996
