Pricing Supplement No. 75 Dated March 4, 1998
(To Prospectus Supplement dated December 1, 1997
and Prospectus dated November 24, 1997)
Pursuant to Rule 424(b)(3)
Registration Statement No. 333-40447
J.P. Morgan & Co. Incorporated
Medium-Term Notes, Series A
(Fixed Rate Notes)
Principal Amount: $1,375,000,000
If principal amount is stated in other than
U.S. dollars, equivalent amount in U.S. dollars: N/A
CUSIP: 61687Y CH8
Trade Date: March 4, 1998
Settlement Date: March 9, 1998
Maturity Date: March 10, 1999
Price to Public (Issue Price): 100.0%
Net Proceeds to Issuer: 1,375,000,000
Interest Rate (per annum): 5.75%
Interest Payment Date(s): March 10, 1999
Record Date(s): ( ) March 1 and September 1 of each year
(X) Other: 15 calendar days prior
to the interest payment dates
Day Count Basis: ( ) 30/360
(X) Actual/360
Form: (X) Book-Entry Note (DTC)
( ) Certificated Note
Redemption:
( X ) The Notes may not be redeemed prior to stated
maturity.
( ) The Notes may be redeemed prior to maturity.
Optional Redemption Date(s): N/A
Initial Redemption Date: N/A
Initial Redemption Percentage: N/A
Annual Redemption Percentage Reduction: N/A
Modified Payment Upon Acceleration: N/A
Sinking Fund: None
Right of Payment:
( ) Subordinated (X) Unsubordinated
Original Issue Discount: N/A
Amount of OID:
Yield to Maturity:
Interest Accrual Date:
Initial Accrual Period OID:
Amortization Schedule: N/A
Denominations: $1,000 minimum with $1,000 integral multiples
thereafter
Plan of Distribution:
J.P. Morgan Securities Inc. has acted as Agent on behalf of
the Company.
The Company has agreed to indemnify the Agent against certain
liabilities, including liabilities under the Securities Act of
1933, as amended.
Additional Terms:
CAPITALIZED TERMS USED IN THIS PRICING SUPPLEMENT WHICH ARE
DEFINED IN THE PROSPECTUS SUPPLEMENTOR THE PROSPECTUS SHALL HAVE THE
MEANINGS ASSIGNED TO THEM IN THE PROSPECTUS SUPPLEMENT OR
THE PROSPECTUS.