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: 1315
                                     DATED: JANUARY 26, 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 Feds (Prior day effective)
 
 
INDEX MATURITY:           One Day
 
 
TRADE DATE:               January 26, 1996
 
 
SETTLEMENT DATE:          February 1, 1996
 
 
MATURITY DATE:            February 2, 1998
 
 
REDEMPTION DATE:          N/A
 
 
OPTIONAL REPAYMENT DATES: N/A
 
 
SPREAD:                   0.280%
                          (plus twenty eight bps)
 
 
SPREAD MULTIPLIER:        N/A
 
 
MAXIMUM INTEREST RATE:    N/A
 
 
MINIMUM INTEREST RATE:    N/A
 
 
INTEREST RESET DATES:     Daily
 
 
INTEREST PAYMENT DATES:   May 2, 1996; August 2, 1996; November 2, 1996; February 2, 1997; May 2,
                          1997; August 2, Novermber 2, 1997 and maturity, subject to modified
                          following business day convention.
 
 
INITIAL INTEREST RATE:    TBD 2/1/96
 
 
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.