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

                             PROSPECTUS SUPPLEMENT
                     (To Prospectus dated March 24, 1994)
                (To Prospectus Supplement dated March 29, 1994)
                                 No.:  1209
                               Dated:  January 27, 1995


                           MERRILL LYNCH & CO., INC.

                               Medium-Term Notes



Base Rate:                      Prime

                          
Index Maturity:                 One day
                           
                           
Maturity Date:                  February 5, 1996
                           
                           
Redemption Date:                N/A
                           
                           
Optional Repayment Dates:       N/A          
                           
                           
Spread:                         -2.490%
                                (-two hundred forty nine basis points)
                           
                           
Spread Multiplier:              N/A
                           
                           
Maximum Interest Rate:          N/A
                           
                           
Minimum Interest Rate:          N/A
                           
                           
Interest Reset Dates:           Daily, using the prior day's Prime Rate
                           
                           
Interest Payment Dates:         Pays the 5th of February, May, August and 
                                November-subject to modified following business
                                day convention.


Initial Interest Rate:          TBD 2/3/95
                           
                           
Form:                           Book-entry