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

                             PROSPECTUS SUPPLEMENT
                    (To Prospectus dated March 24, 1994)
               (To Prospectus Supplement dated March 29, 1994)
                                  No.:  1197
                                Dated:  November 4, 1994


                           MERRILL LYNCH & CO., INC.

                               Medium-Term Notes



Base Rate:                 LIBOR

                          
Index Maturity:            3 months
                           
                           
Maturity Date:             November 15, 1999
                           
                           
Redemption Date:           N/A
                           
                           
Optional Repayment Dates:  N/A
                           
                           
Spread:                    0.450%
                           (plus 45 basis points)
                           
                           
Spread Multiplier:         N/A
                           
                           
Maximum Interest Rate:     N/A
                           
                           
Minimum Interest Rate:     N/A
                           
                           
Interest Reset Dates:      Quarterly
                           0
                           0
                           
Interest Payment Dates:    15th of each February, May, August, November,
                           commencing February 15, 1995, through Maturity Date;
                           subject to Modified Following Business Day
                           convention.
                           
                           
Initial Interest Rate:     0.00%
                           
                           
Form:                      Book-entry