PROSPECTUS SUPPLEMENT NO. 1634 FILE NO. 333-28537
(TO (I) PROSPECTUS DATED JULY 7, 1997 AND RULE 424(B)(3)
(II) PROSPECTUS DATED JULY 7, 1997, AS MARKET-MAKING TRANSACTIONS
SUPPLEMENTED BY PROSPECTUS SUPPLEMENT DATED
JULY 7, 1997)
MERRILL LYNCH & CO., INC.
MEDIUM-TERM NOTES (NO SERIES DESIGNATED)
MEDIUM-TERM NOTES (SERIES B)
This Prospectus is used by Merrill Lynch, Pierce, Fenner & Smith
Incorporated ("MLPF&S"), a wholly-owned subsidiary of Merrill Lynch & Co., Inc.
("ML & Co."), in connection with offers and sales related to market-making
transactions in the Medium-Term Notes (no series designated) and Medium-Term
Notes (Series B) of ML & Co., Inc. in which transactions MLPF&S acts as a
principal. Such sales will be made at prices related to prevailing market prices
at the time of sale.
As of December 31, 1997, Medium-Term Notes (no series designated) and
Medium-Term Notes (Series B) of the Company have been issued and are currently
outstanding as follows:
From 9 Months but less than 12 Months N/A
From 12 Months but less than 18 Months 5.64% to 6.25%
From 18 Months but less than 2 Years N/A
From 2 Years but less than 3 Years 6.01% to 6.77%
From 3 Years but less than 4 Years 5.55% to 6.62%
From 4 Years but less than 5 Years 6.375% to 6.52%
From 5 Years but less than 6 Years 6.06% to 7.30%
From 6 Years but less than 7 Years N/A
From 7 Years but less than 10 Years N/A
10 Years or more 6.70% to 8.125%
MLPF&S may also act as an agent for its customers in connection with other
secondary market transactions in the Medium-Term Notes (no series designated)
and Medium-Term Notes (Series B).
* This reflects actual interest rates for fixed rate Medium-Term Notes (no
series designated) and Medium-Term Notes (Series B). In addition, the Company
has outstanding a variety of floating rate Medium-Term Notes (no series
designated) and Medium-Term Notes (Series B), the interest rates of which are
reset periodically depending on various indices.
Dated: January 9, 1998