Exhibit 23(b)






INDEPENDENT AUDITORS' CONSENT
- -----------------------------

We consent to the incorporation by reference in this Registration Statement
of Merrill Lynch & Co., Inc. (the "Company") on Form S-3 of our reports
dated February 26, 1996, appearing in and incorporated by reference in the
Annual Report on Form 10-K of the Company for the year ended December 29,
1995 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 26, 1996, appearing as Exhibit 99(ii) in the
Company's Current Report on Form 8-K dated March 12, 1996, 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 29, 1995 included in the 1995 Annual Report to Stockholders
of the Company.

/s/ Deloitte & Touche LLP


June 27, 1996
New York, New York