Exhibit 15






  August 8, 1996

  Merrill Lynch & Co., Inc.
  World Financial Center
  North Tower, 31st Floor
  New York, NY 10281

  We have made a review, in accordance with standards established by the
  American Institute of Certified Public Accountants, of the unaudited interim
  consolidated financial information of Merrill Lynch & Co., Inc. and
  subsidiaries as of March 29, 1996 and for the three-month periods ended 
  March  29, 1996 and March 31, 1995 as indicated in our report dated May 10,
  1996, because we did not perform an audit, we expressed no opinion on that
  information.

  We are aware that such report referred to above, which is included in your
  Quarterly Report on Form 10-Q for the quarter ended March 29, 1996, is
  incorporated by reference in this Registration Statement.

  We are also aware that the aforementioned report, pursuant to Rule 436(c)
  under the Securities Act of 1993, is not considered a part of the
  Registration Statement prepared or certified by an accountant or a report
  prepared or certified by an accountant within the meaning of Section 7 and 11
  of that Act.



  /s/ Deloitte & Touche LLP
  New York, New York