EXHIBIT 99(i)




MERRILL LYNCH & CO., INC. AND SUBSIDIARIES
PRELIMINARY UNAUDITED CONSOLIDATED BALANCE SHEET



(Dollars in Millions, Except Per Share Amounts) MARCH 29,
ASSETS 1996
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CASH AND CASH EQUIVALENTS........................................ $ 2,633
--------

CASH AND SECURITIES SEGREGATED FOR REGULATORY PURPOSES
OR DEPOSITED WITH CLEARING ORGANIZATIONS........................ 5,099
--------

MARKETABLE INVESTMENT SECURITIES................................. 2,307
--------

TRADING ASSETS, AT FAIR VALUE
Corporate debt and preferred stock............................... 18,386
Contractual agreements........................................... 10,285
Equities and convertible debentures.............................. 13,295
Non-U.S. governments and agencies................................ 6,820
U.S. Government and agencies..................................... 7,952
Mortgages, mortgage-backed, and asset-backed..................... 2,990
Money markets.................................................... 1,465
Municipals....................................................... 876
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Total............................................................ 62,069
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RESALE AGREEMENTS................................................ 52,880
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SECURITIES BORROWED.............................................. 24,814
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RECEIVABLES
Customers (net of allowance for doubtful accounts of $41)........ 14,988
Brokers and dealers.............................................. 14,117
Interest and other............................................... 4,458
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Total............................................................ 33,563
--------

INVESTMENTS OF INSURANCE SUBSIDIARIES............................ 5,432

LOANS, NOTES, AND MORTGAGES (NET OF ALLOWANCE FOR
LOAN LOSSES OF $131)............................................ 2,503

OTHER INVESTMENTS................................................ 987

PROPERTY, LEASEHOLD IMPROVEMENTS, AND EQUIPMENT
(NET OF ACCUMULATED DEPRECIATION AND AMORTIZATION
OF $2,253)...................................................... 1,602

OTHER ASSETS..................................................... 1,995
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TOTAL ASSETS..................................................... $195,884
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EXHIBIT 99(i)
(CONTINUED)



MERRILL LYNCH & CO., INC. AND SUBSIDIARIES
PRELIMINARY UNAUDITED CONSOLIDATED BALANCE SHEET


(Dollars in Millions, Except Per Share Amounts) MARCH 29,
LIABILITIES AND STOCKHOLDERS' EQUITY 1996
--------------------------------------------------------------- --------

LIABILITIES

REPURCHASE AGREEMENTS.......................................... $ 61,657
--------

COMMERCIAL PAPER AND OTHER SHORT-TERM BORROWINGS............... 30,669
--------

TRADING LIABILITIES, AT FAIR VALUE
Contractual agreements......................................... 9,132
U.S. Government and agencies................................... 12,443
Equities and convertible debentures............................ 7,834
Non-U.S. governments and agencies.............................. 6,231
Corporate debt and preferred stock............................. 1,994
Municipals..................................................... 69
--------
Total ......................................................... 37,703
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CUSTOMERS...................................................... 10,599

INSURANCE...................................................... 5,232

BROKERS AND DEALERS............................................ 12,808

OTHER LIABILITIES AND ACCRUED INTEREST......................... 10,626

LONG-TERM BORROWINGS........................................... 20,226
--------

TOTAL LIABILITIES.............................................. 189,520
--------

STOCKHOLDERS' EQUITY

PREFERRED STOCKHOLDERS' EQUITY................................. 619
--------

COMMON STOCKHOLDERS' EQUITY
Common stock, par value $1.33 1/3 per share;
authorized: 500,000,000 shares;
issued: 236,330,162 shares................................... 315

Paid-in capital................................................ 1,322
Foreign currency translation adjustment........................ (21)
Net unrealized gains on investment securities
available-for-sale (net of applicable income tax
expense of $2)............................................... 4
Retained earnings.............................................. 6,845
--------
Subtotal................................................... 8,465

Less:
Treasury stock, at cost: 60,394,639 shares................... 2,224
Unallocated ESOP reversion shares, at cost:
2,895,319 shares........................................... 46
Employee stock transactions.................................. 450
--------

TOTAL COMMON STOCKHOLDERS' EQUITY.............................. 5,745
--------

TOTAL STOCKHOLDERS' EQUITY..................................... 6,364
--------

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY..................... $195,884
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