FILE NO. 333-68747
                                                                  RULE 424(B)(3)

                             PROSPECTUS SUPPLEMENT
          (TO PROSPECTUS AND PROSPECTUS SUPPLEMENT DATED MAY 6, 1999)

                                     PROSPECTUS NUMBER: 1881



                           MERRILL LYNCH & CO., INC.
                          MEDIUM-TERM NOTES, SERIES B
                   DUE NINE MONTHS OR MORE FROM DATE OF ISSUE
                           CALLABLE FIXED RATE NOTES

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PRINCIPAL AMOUNT:        $25,000,000


CUSIP NUMBER:            59018S 3H5


INTEREST RATE:           7.05000%


ORIGINAL ISSUE DATE:     August 11, 1999


STATED MATURITY DATE:    August 11, 2009


INTEREST PAYMENT DATES:  11th day of each month commencing September 11, 1999, through and
                         including the Stated Maturity Date, subject to the 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 may be redeemed prior to the Stated Maturity Date, See "Other
                         Provisions"


INITIAL REDEMPTION DATE: August 11, 2004


OTHER PROVISIONS:        The Notes are subject to redemption at the option of ML&Co., in whole,
                         semi-annually on each February 11 and August 11 commencing August 11,
                         2004, at a redemption price equal to 100% of the principal amount of the
                         Notes upon at least 30 days prior notice.


FORM:                    The Notes are being issued in fully registered book-entry form.


TRUSTEE:                 The Chase Manhattan Bank


DATED:                   July 27, 1999


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