<ARTICLE> 5
<CIK>     0001052636
<NAME>    MERRILL LYNCH PREFERRED CAPITAL TRUST V
<MULTIPLIER>   1,000

                             
<PERIOD-TYPE>                   OTHER
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-START>                             DEC-26-1998
<PERIOD-END>                               JUN-25-1999
<CASH>                                               0
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<COMMON>                                        26,300
<OTHER-SE>                                           0
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<SALES>                                              0
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<CGS>                                                0
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