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                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                             ----------------------

                                    FORM 10-Q
                     QUARTERLY REPORT PURSUANT TO SECTION 13
                 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

                  For the quarterly period ended September 29, 2000

                     MERRILL LYNCH PREFERRED CAPITAL TRUST VI
       (Exact name of Registrant as specified in its certificate of trust)

                         COMMISSION FILE NO.: 1-7182-12

       Delaware                                          13-7174482
(State or other jurisdiction of             (I.R.S. Employer Identification No.)
incorporation or organization)

  4 World Financial Center
     New York, New York                                   10080
(Address of principal executive offices)               (Zip Code)

Registrant's telephone number, including area code: (212) 449-1000


           SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT:

Title of each class                    Name of each exchange on which registered
-------------------                    -----------------------------------------
(not applicable)                       (not applicable)

        SECURITIES REGISTERED PURSUANT TO SECTION 12(g) OF THE ACT: NONE

                     MERRILL LYNCH PREFERRED FUNDING VI, L.P.
                  (Exact name of Registrant as specified in its
                      certificate of limited partnership)

                         COMMISSION FILE NO.: 1-7182-11

          Delaware                                     13-4034253
(State or other jurisdiction of             (I.R.S. Employer Identification No.)
incorporation or organization)

   4 World Financial Center
      New York, New York                                     10080
(Address of principal executive offices)                   (Zip Code)

 Registrant's telephone number, including area code: (212) 449-1000


           SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT:

Title of each class                    Name of each exchange on which registered
-------------------                    -----------------------------------------
(not applicable)                       (not applicable)

        SECURITIES REGISTERED PURSUANT TO SECTION 12(g) OF THE ACT: NONE

Indicate by check mark whether the Registrants (1) have filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
Registrants were required to file such reports), and (2) have been subject to
such requirements for the past 90 days. Yes |X| No |_|

As of November 9, 2000, no voting stock was held by non-affiliates of the
Registrants.
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                         PART I - FINANCIAL INFORMATION
                         ------------------------------

ITEM 1.   FINANCIAL STATEMENTS
          --------------------
<TABLE>
<CAPTION>

MERRILL LYNCH PREFERRED CAPITAL TRUST VI
BALANCE SHEETS  (unaudited)
----------------------------------------------------------------------------------------------------------------------



                                                                                  SEPTEMBER 29, 2000  DECEMBER 31, 1999
                                                                                  ------------------  -----------------
<S>                                                                                     <C>                 <C>

Assets                                                                                    $        -         $        -
                                                                                          ==========         ==========


Trust Securities                                                                          $        -         $        -
                                                                                          ==========         ==========
</TABLE>

See Note to Balance Sheets

                                       2
<PAGE>


MERRILL LYNCH PREFERRED CAPITAL TRUST VI
NOTE TO BALANCE SHEETS (unaudited)
SEPTEMBER 29, 2000
--------------------------------------------------------------------------------

ORGANIZATION AND PURPOSE

Merrill Lynch Preferred  Capital Trust VI (the "Trust") is a statutory  business
trust formed on December 7, 1998 under the laws of the State of Delaware for the
exclusive purposes of (i) issuing the Trust Originated Preferred Securities (the
"Trust Preferred Securities") and the Trust Common Securities (together with the
Trust  Preferred  Securities,  the "Trust  Securities")  representing  undivided
beneficial  ownership  interests  in the  assets of the Trust,  (ii)  purchasing
Partnership  Preferred  Securities  (the  "Partnership   Preferred  Securities")
representing  the  limited  partnership  interests  of Merrill  Lynch  Preferred
Funding VI, L.P.  (the  "Partnership")  with the  proceeds  from the sale of the
Trust Securities, and (iii) engaging in only those other activities necessary or
incidental  thereto.  The Trust has a  perpetual  existence,  subject to certain
termination  events as provided in the  Declaration  of Trust under which it was
formed. The Trust intends to issue and sell its Trust Preferred  Securities in a
public  offering  and to issue and sell its Trust Common  Securities  to Merrill
Lynch & Co., Inc. (the  "Company").  No Trust  Securities have been issued as of
September 29, 2000.

The Partnership  Preferred Securities will be redeemable for cash, at the option
of the Partnership, in whole or in part, from time to time, after a certain date
to be determined.  Upon any redemption of the Partnership  Preferred Securities,
the  Trust  Preferred  Securities  will be  redeemed,  in whole  or in part,  as
applicable.  Holders of the Trust Preferred  Securities will have limited voting
rights and will not be entitled to vote to appoint,  remove,  or replace,  or to
increase or decrease the number of,  Trustees,  which  voting  rights are vested
exclusively in the holder of the Trust Common Securities.

The Company will be obligated to pay  compensation  to the  underwriters  of the
offering of the Trust Preferred  Securities.  The Company will also pay all fees
and expenses  related to the organization and operations of the Trust (including
any taxes, duties, assessments or governmental charges of whatever nature (other
than  withholding  taxes)  imposed  by the United  States or any other  domestic
taxing  authority  upon the  Trust) and be  responsible  for all debts and other
obligations  of the Trust  (other  than the Trust  Securities).  The Company has
agreed to indemnify the trustees and certain other persons.




                                       3
<PAGE>


MERRILL LYNCH PREFERRED FUNDING VI, L.P.
BALANCE SHEETS (unaudited)
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>


                                         SEPTEMBER 29, 2000    DECEMBER 31, 1999
                                         ------------------    -----------------
<S>                                               <C>                  <C>
Assets                                             $      -             $      -
                                                   ========             ========

Partnership securities:
    Limited partner interest                       $     85             $     85
    General partner interest                             15                   15
                                                   --------             --------
                                                        100                  100

    Less:  Receivable from partners for
           subscribed partnership interests            (100)                (100)
                                                   --------             --------
                                                   $      -             $      -
                                                   ========             ========


</TABLE>

See Note to Balance Sheets

                                       4
<PAGE>




MERRILL LYNCH PREFERRED FUNDING VI, L.P.
NOTE TO BALANCE SHEETS (unaudited)
SEPTEMBER 29, 2000
--------------------------------------------------------------------------------

ORGANIZATION AND PURPOSE

Merrill  Lynch  Preferred  Funding VI,  L.P.  (the  "Partnership")  is a limited
partnership   that  was  formed  under  the  Delaware  Revised  Uniform  Limited
Partnership  Act on December 7, 1998 for the  exclusive  purposes of  purchasing
certain  eligible debt  instruments of Merrill Lynch & Co., Inc. (the "Company")
and  wholly  owned  subsidiaries  of  the  Company  (the  "Affiliate  Investment
Instruments")  with  the  proceeds  from  the  sale  of  Partnership   Preferred
Securities (the "Partnership  Preferred  Securities") to Merrill Lynch Preferred
Capital  Trust VI (the "Trust") and a capital  contribution  from the Company in
exchange for the general partnership interest in the Partnership  (collectively,
the "Partnership Proceeds").  The Partnership Proceeds will be used initially to
purchase  debt  instruments  from  the  Company  and  a  domestic  wholly  owned
subsidiary of the Company,  retaining 1% in unaffiliated  debt  securities.  The
Partnership  shall have a  perpetual  existence  subject to certain  termination
events.

The  Partnership  Proceeds  will be  redeemable  for cash,  at the option of the
Partnership,  in whole or in part, from time to time, after a certain date to be
determined.  Except  as  provided  in  the  Limited  Partnership  Agreement  and
Partnership Preferred Securities Guarantee Agreement,  and as otherwise provided
by law, the holders of the Partnership  Preferred Securities will have no voting
rights.

The Company serves as the sole general partner of the Partnership.  The Company,
in its  capacity as General  Partner of the  Partnership,  has agreed to pay all
fees and expenses  related to the organization and operations of the Partnership
(including  any taxes,  duties,  assessments  or government  charges of whatever
nature (other than withholding  taxes) imposed by the United States or any other
domestic  taxing  authority  upon  the  Partnership)  and  the  offering  of the
Partnership  Preferred  Securities  and be  responsible  for all debts and other
obligations  of the  Partnership  (other  than with  respect to the  Partnership
Preferred  Securities).  The  General  Partner has agreed to  indemnify  certain
officers and agents of the Partnership.


                                       5
<PAGE>

ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
         RESULTS OF OPERATIONS

Merrill Lynch Preferred  Capital Trust VI (the "Trust") is a statutory  business
trust formed under the Delaware  Business  Trust Act, as amended,  pursuant to a
declaration of trust and the filing of a certificate of trust with the Secretary
of State on December 7, 1998. The Trust exists for the exclusive purposes of (i)
issuing trust securities,  consisting of Trust Originated  Preferred  Securities
(the  "TOPrS")  and trust common  securities  (the "Trust  Common  Securities"),
representing  undivided  beneficial  ownership  interests  in the  assets of the
Trust,  (ii) investing the gross proceeds of the trust securities in Partnership
Preferred Securities (the "Partnership  Preferred Securities") issued by Merrill
Lynch Preferred Funding VI, L.P. (the "Partnership"), and (iii) engaging in only
those other  activities  necessary or  incidental  thereto.  None of such TOPrS,
Trust Common Securities, or Partnership Preferred Securities have been issued as
of September 29, 2000.

The  Partnership  is a limited  partnership  formed under the  Delaware  Revised
Uniform Limited Partnership Act, as amended, pursuant to an agreement of limited
partnership  and the filing of a  certificate  of limited  partnership  with the
Secretary  of  State  on  December  7,  1998.  Merrill  Lynch & Co.,  Inc.  (the
"Company") is the sole general  partner of the  Partnership.  The Partnership is
managed by the  general  partner  and exists for the  exclusive  purposes of (i)
issuing its partnership  interests,  consisting of the Company's general partner
interest and the Partnership Preferred  Securities,  (ii) investing the proceeds
thereof  in  certain  eligible  securities  of  the  Company  and  wholly  owned
subsidiaries of the Company (the "Affiliate Investment Instruments") and certain
eligible  debt  securities,  and (iii)  engaging in only those other  activities
necessary or  incidental  thereto.  The  Partnership  has made no  investment in
Affiliate Investment Instruments as of September, 2000.

The Registrants'  activities will be limited to issuing securities and investing
the proceeds as described above.




                           PART II - OTHER INFORMATION


ITEM 6.    EXHIBITS AND REPORTS ON FORM 8-K

(a)        Exhibits

           27   Financial Data Schedules*


(b)        Reports on Form 8-K

           None
__________________

* The Financial  Data Schedules to be contained in Exhibit 27 are required to be
submitted only in the Registrants'  electronic filing of this Form 10-Q by means
of the EDGAR system.



                                       6
<PAGE>





                                   SIGNATURES

Pursuant to the  requirements of Section 13 or 15(d) of the Securities  Exchange
Act of 1934, the Registrants  have duly caused this report to be signed on their
behalf by the undersigned, thereunto duly authorized on the 9th day of November,
2000.

                               MERRILL LYNCH PREFERRED CAPITAL TRUST VI*

                               By: /s/ JOHN C. STOMBER
                                   ---------------------------------------------
                               Name:   John C. Stomber
                               Title:  Regular Trustee


                               By: /s/ STANLEY SCHAEFER
                                   ---------------------------------------------
                               Name:   Stanley Schaefer
                               Title:  Regular Trustee


                               MERRILL LYNCH PREFERRED FUNDING VI, L.P.*


                               By: MERRILL LYNCH & CO., INC., as General Partner

                               By: /s/ JOHN C. STOMBER
                                   ---------------------------------------------
                               Name:   John C. Stomber
                               Title:  Senior Vice President and Treasurer



------------

     * There is no principal executive officer(s),  principal financial officer,
controller,   principal   accounting  officer  or  board  of  directors  of  the
Registrants.  The Trustees of the Trust (which include the Regular Trustees, the
Property  Trustee and the  Delaware  Trustee)  together  exercise all powers and
perform all functions with respect to the Trust.



                                       7
<PAGE>



                                INDEX TO EXHIBITS

EXHIBITS


27           Financial Data Schedules




                                       8
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