FILE NO. 33-38879
                                                                  RULE 424(B)(3)
 
                             PROSPECTUS SUPPLEMENT
                    (TO PROSPECTUS DATED SEPTEMBER 1, 1995)
               (TO PROSPECTUS SUPPLEMENT DATED SEPTEMBER 1, 1995)
 
                                     PROSPECTUS NUMBER: 1312
                                     DATED: JANUARY 25, 1996
 
 
                           MERRILL LYNCH & CO., INC.
                          MEDIUM-TERM NOTES, SERIES B
                   DUE NINE MONTHS OR MORE FROM DATE OF ISSUE
                              VARIABLE RATE NOTES
 
<TABLE>
<CAPTION>
 
<S>                       <C>
 
BASE RATE:                Fed Funds (Prior day effective)
 
 
INDEX MATURITY:           One day
 
 
TRADE DATE:               January 25, 1996
 
 
SETTLEMENT DATE:          February 1, 1996
 
 
MATURITY DATE:            January 31, 1997
 
 
REDEMPTION DATE:          N/A
 
 
OPTIONAL REPAYMENT DATES: N/A
 
 
SPREAD:                   0.150% (plus fifteen bps)
 
 
SPREAD MULTIPLIER:        N/A
 
 
MAXIMUM INTEREST RATE:    N/A
 
 
MINIMUM INTEREST RATE:    N/A
 
 
INTEREST RESET DATES:     Daily
 
 
INTEREST PAYMENT DATES:   Last business day of April 1996, July 1996, October 1996, and maturity.
 
 
INITIAL INTEREST RATE:    TBD February 1, 1996
 
 
FORM:                     Book-entry
 
 
</TABLE>
 
 
 
 
     On April 24, 1995, the Company increased to $11,150,000,000 the aggregate
principal amount of Medium- Term Notes, Series B authorized to be issued
pursuant to the attached Prospectus Supplement and supplements related thereto.
Such amount represents an increased authorization of $2,500,000,000. As of March
31, 1995, the Company had issued and outstanding Notes in an aggregate principal
amount of approximately $5,566,708,000.