Exhibit 23(b)






INDEPENDENT AUDITORS' CONSENT
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We consent to the incorporation by reference in this Registration Statement
of Merrill Lynch & Co., Inc. (the "Company") on Form S-8 of our reports dated
February 27, 1995, appearing in and incorporated by reference in the Annual
Report on Form 10-K of the Company for the year ended December 30, 1994 and to
the reference to us under the heading "Experts" in the Prospectus, which is a
part of this Registration Statement. We also consent to the incorporation by
reference in this Registration Statement of our report dated February 27, 1995,
appearing as Exhibit 99(a) in the Company's Current Report on Form 8-K dated
March 9, 1995, relating to the Selected Financial Data under the captions
"Operating Results", "Financial Position" and "Common Share Data" for each of
the five years in the period ended December 30, 1994 included in the 1994 Annual
Report to Stockholders of the Company.



/s/ Deloitte & Touche LLP

New York, New York
February 12, 1996