MERRILL LYNCH & CO INC
424B3, 1998-06-29
SECURITY BROKERS, DEALERS & FLOTATION COMPANIES
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PROSPECTUS SUPPLEMENT                                                     FILE NO. 333-44173
(TO PROSPECTUS DATED JANUARY 29, 1998 AND PROSPECTUS SUPPLEMENT DATED         RULE 424(B)(3)
MARCH 12, 1998)
PROSPECTUS NUMBER: 1737
 
 
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                           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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PRINCIPAL AMOUNT:       $100,000,000                ORIGINAL ISSUE DATE:              June 30, 1998
 
 
CUSIP NUMBER:           59018S L51                  STATED MATURITY DATE:             June 30, 1999
 
 
INTEREST CALCULATION:                               DAY COUNT CONVENTION:
/x/ REGULAR FLOATING RATE NOTE                      /x/ ACTUAL/360
/ / INVERSE FLOATING RATE NOTE                      / / 30/360
(FIXED INTEREST RATE):                              / / ACTUAL/ACTUAL
 
 
INTEREST RATE BASIS:
/x/ LIBOR                                           / / COMMERCIAL PAPER RATE
/ / CMT RATE                                        / / ELEVENTH DISTRICT COST OF FUNDS RATE
/ / PRIME RATE                                      / / CD RATE
/ / FEDERAL FUNDS RATE                              / / OTHER (SEE ATTACHED)
/ / TREASURY RATE
DESIGNATED CMT PAGE:                                DESIGNATED LIBOR PAGE:
CMT TELERATE PAGE:                                  LIBOR TELERATE PAGE:
CMT REUTERS PAGE:                                   LIBOR REUTERS PAGE:
 
 
INDEX MATURITY:         Quarterly                   MINIMUM INTEREST RATE:            Not Applicable
 
 
SPREAD:                 -0.035 basis points         MAXIMUM INTEREST RATE:            Not Applicable
 
 
 
INITIAL INTEREST RATE:  5.65250%                    SPREAD MULTIPLIER:                Not Applicable
 
 
OPTIONAL "FLIP" COUPON: On December 30, 1998 ML & Co. may exercise a one time right to convert in whole, but
                        not in part, the entire principal amount of the Notes to regular Fixed Rate Notes at a
                        rate of 5.79% per annum calculated on an Actual/360 basis and payable upon maturity
                        with 30 days prior notice.
 
 
INTEREST RESET DATES:   Quarterly commencing June 30, 1998, through the Maturity Date; subject to
                        modified following business day convention.
 
 
INTEREST PAYMENT DATES: Quarterly on the 30th of September, December, March, and Maturity, subject to modified
                        following business day convention.
 
 
REPAYMENT AT THE
OPTION OF THE HOLDER:   The Notes cannot be repaid prior to the Stated Maturity Date.
 
 
REDEMPTION AT THE
OPTION OF THE COMPANY:  The Notes cannot be redeemed prior to the Stated Maturity Date.
 
 
FORM:                   The Notes are being issued in fully registered book-entry form.
 
 
TRUSTEE:                The Chase Manhattan Bank
 
 
DATED:                  June 25, 1998
 
 
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