EXHIBIT 15



     August 19, 1994



     Merrill Lynch & Co., Inc.
     World Financial Center
     North Tower, 31st Floor
     New York, NY  10281-1281

     We have made a review, in accordance with standards established by the
     American Institute of Certified Public Accountants, of the unaudited
     interim consolidated financial information of Merrill Lynch & Co., Inc. and
     subsidiaries as of July 1, 1994 and for the three- and six-month periods
     ended July 1, 1994 and June 25, 1993 as indicated in the report of Deloitte
     & Touche dated August 12, 1994; because we did not perform an audit, we
     expressed no opinion on that information.

     We are aware that such report referred to above, which is included in your
     Quarterly Report on Form 10-Q for the quarter ended July 1, 1994, is
     incorporated by reference in this Registration Statement.

     We are also aware that the aforementioned report, pursuant to Rule 436(c)
     under the Securities Act of 1933, is not considered a part of the
     Registration Statement prepared or certified by an accountant or a report
     prepared or certified by an accountant within the meaning of Sections 7 and
     11 of that Act.


     /s/ Deloitte & Touche LLP
     New York, New York