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

                             PROSPECTUS SUPPLEMENT
                    (To Prospectus dated March 24, 1994)
               (To Prospectus Supplement dated March 29, 1994)
                                  No.:    1167
                                Dated:  07/01/94


                           MERRILL LYNCH & CO., INC.

                               Medium-Term Notes


Base Rate:                Fed Funds

Index Maturity            1 day

Maturity Date:            07/05/93

Redemption Date:          N/A

Optional Repayment Dates: N/A

Spread:                   0.200%

Spread Multiplier:        N/A

Maximum Interest Rate:    N/A

Minimum Interest Rate:    N/A

Interest Reset Dates:     Daily

Interest Payment Dates:   5th of January, April, July and October (modified 
                          following business day convention)

Initial Interest Rate:    TBD 7/5/94

Form:                     Book-entry