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

                             PROSPECTUS SUPPLEMENT
                    (To Prospectus dated March 24, 1994)
               (To Prospectus Supplement dated March 29, 1994)
                                  No.:  1172
                                Dated:  August 2, 1994


                           MERRILL LYNCH & CO., INC.

                               Medium-Term Notes



Base Rate:                 H.15 Fed Funds

                          
Index Maturity:            1 Day


Maturity Date:             August 4, 1995


Redemption Date:           N/A


Optional Repayment Dates:  N/A


Spread:                    0.180%
                           (eighteen basis points)


Spread Multiplier:         N/A


Maximum Interest Rate:     N/A


Minimum Interest Rate:     N/A


Interest Reset Dates:      Daily


Interest Payment Dates:    The 4th of every February, May, August and 
                           November-subject to Modified Following Business 
                           Day Convention.

                           
Initial Interest Rate:     H.15 Fed Funds Rate can be found on page 120-
                           Telerate (Fed Effective) TBD August 4, 1994


Form:                      Book-entry