EXHIBIT 23(b)
 
                         INDEPENDENT AUDITORS' CONSENT
 
  We consent to the incorporation by reference in this Registration Statement
of Merrill Lynch & Co., Inc. (the "Company") on Form S-3 of our reports dated
February 27, 1995 appearing in or incorporated by reference in the Annual
Report on Form 10-K of the Company for the year ended December 30, 1994 and to
the reference to us under the heading "Experts" in the Prospectuses, which are
a part of this Registration Statement. We also consent to the inclusion as
Exhibit 99(a) to this Registration Statement of our report dated February 27,
1995 relating to information under the caption "Summary Financial Information",
for each of the five years in the period ended December 30, 1994, appearing in
the prospectus relating to Debt Securities and Warrants and the prospectus
relating to STRYPES, both of which are a part of this Registration Statement.
We also consent to the incorporation by reference as Exhibit 99(b) to this
Registration Statement of our report dated February 27, 1995 relating to the
Selected Financial Data under the captions "Operating Results", "Financial
Position" and "Common Share Data" appearing on page 30 of the Company's 1994
Annual Report to Stockholders.
 


/s/ Deloitte & Touche LLP
 
New York, New York
August 2, 1995