MERRILL LYNCH & CO., INC.
$34,218,265,000
Merrill Lynch CoreNotesSM

              Filed under Rule 424 (b)(3), Registration Statement No. 333-109802
              Filed under Rule 424 (b)(3), Registration Statement No. 333-109802
    (To Prospectus Supplement and Prospectus supplement dated November 26, 2003)

<TABLE>
<CAPTION>
  CUSIP       AGGREGATE        PRICE TO        PURCHASING         INTEREST RATE   INTEREST PAYMENT  STATED MATURITY  SURVIVOR'S
  NUMBER   PRINCIPAL AMOUNT  PUBLIC/(1)/  AGENT'S DISCOUNT/(1)/     PER ANNUM        FREQUENCY           DATE          OPTION
- -------------------------------------------------------------------------------------------------------------------------------
<S>        <C>                  <C>              <C>                   <C>            <C>               <C>              <C>
5901M0EY1  $     4,301,000      100.0%           1.2000%               4.45%          Monthly           9/20/2011        Yes
</TABLE>

<TABLE>
<S>                                   <C>                                                                 <C>
                                      Trade Date: Wednesday September 15, 2004                            MERRILL LYNCH & CO.
[LOGO OF MERRILL LYNCH & CO., INC.]   Issue Date: Monday September 20, 2004                                  Purchasing Agent
4 World Financial Center              Minimum Denominations/Increments: $1,000/$1,000                     Acting as Principal
New York, NY 10080                    Original Issue Discount: No
                                      All trades settle without accrued interest and
                                      clear SDFS: DTC Book-Entry only
                                      Merrill Lynch DTC Participant Number: 161
</TABLE>

        (1) Expressed as a percentage of the aggregate principal amount.
           "CoreNotes" is a service mark of Merrill Lynch & Co., Inc.