Rule 424(b)(3)
                                                          Registration Statement
                                                          No. 33-19975


Supplement Dated May 16, 1988
(To Prospectus Dated May 12, 1988)


                           MERRILL LYNCH & CO., INC.

                     Remarketed Preferred Stock, Series C

                   Liquidation Preference $100,000 Per Share
                                    ["RP"]




Settlement Date: January 11, 1994

Applicable Dividend Rate for the Dividend Periods commencing on the Settlement 
Date:

                    7-Day Dividend Period:   2.45%   per annum
                                           --------   

                   49-Day Dividend Period:   2.56%   per annum
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