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:  January 4, 1995

Applicable Dividend Rate for the Dividend Periods commencing on the Settlement
Date:

                7-Day Dividend Period:  4.50% per annum
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                49-Day Dividend Period: 4.73% per annum
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