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: August 30, 1994 Applicable Dividend Rate for the Dividend Periods commencing on the Settlement Date: 7-Day Dividend Period: 3.45% per annum ------------ 49-Day Dividend Period: 3.67% per annum ------------