File No. 33-38879
                                                                  Rule 424(b)(3)

                             PROSPECTUS SUPPLEMENT
                    (To Prospectus dated March 24, 1994)
               (To Prospectus Supplement dated March 29, 1994)
                                  No.:    1159
                                Dated:  05/16/94


                           MERRILL LYNCH & CO., INC.

                               Medium-Term Notes


Base Rate:                ___Commercial Paper Index Rate
                          ___Federal Funds Rate
                          ___LIBOR
                          _X_Treasury Index Rate
                          ___Prime Rate
                          ___Fixed Rate

Maturity Date:            05/24/96

Redemption Date:          N/A

Optional Repayment Dates: N/A

Spread:                   +0.25% (plus twenty-five basis points)

Spread Multiplier:        N/A

Maximum Interest Rate:    N/A

Minimum Interest Rate:    N/A

Interest Reset Dates:     91 day T-Bill auction yield, reset weekly.

Interest Payment Dates:   Last Tuesday of February, May, August, & November.

Initial Interest Rate:    4.58%

Index Maturity:           91 days

Form:                     Book-entry

Merrill Lynch, Pierce, Fenner & Smith Incorporated ("Merrill Lynch") has 
purchased the Notes as principal, and intends to resell such Notes to investors
and other purchasers at varying prices related to prevailing market prices at
the time of resale, as determined by Merrill Lynch.