EXHIBIT 23


                 
                              CONSENT OF COUNSEL

     The undersigned hereby consent to the use of their name in the Prospectus 
contained in the Registration Statement of Merrill Lynch & Co., Inc. relating to
the Merrill Lynch & Co., Inc. Long Term Incentive Compensation Plan.

                                                /s/ Brown & Wood
                                                    Brown & Wood

New York, New York
January 6, 1994

                                                                      EXHIBIT 23




INDEPENDENT AUDITORS' CONSENT

We consent to the incorporation by reference in this Registration Statement of 
Merrill Lynch & Co., Inc on Form S-8 of our reports dated February 22, 1993,
appearing in and incorporated by reference in the Annual Report on Form 10-K of
Merrill Lynch & Co., Inc. for the year ended December 25, 1992 and to the
reference to us under the heading "Experts" in the Prospectus, which is part of
this Registration Statement.


DELOITTE & TOUCHE
New York, New York

January 6, 1994