Pricing Supplement No. 100 Dated
September 29, 1998 (To Prospectus
Supplement dated May 26, 1998
and Prospectus dated May 21, 1998)
Pursuant to Rule 424(b)(3)
Registration Statement
No. 333-51961
J.P. Morgan & Co.
Incorporated
60 Wall Street
New York, NY 10260-0060
(1-212) 483-2323
Medium-Term Notes, Series A
(Floating Rate Notes)
Principal Amount: $100,000,000
CUSIP: 61687Y DG9
Trade Date: September 29, 1998
Settlement Date: October 2, 1998
Maturity Date: October 4, 1999
If principal amount is other than U.S. dollars,
equivalent in U.S. dollars: N/A
Exchange Agent: N/A
Price to Public (Issue Price): 100%
Net Proceeds to Issuer: $100,000,000
Interest Rate (per annum): The simple unweighted
average of the bond equivalent yield of the weekly
auction average of the 3-month U.S. Treasury Bill rate
as set forth on Telerate page 56 plus 80 basis points
(0.80%) reset weekly and paid quarterly and
calculated on an actual/actual basis.
Interest Rate Basis:
( ) Commercial Paper Rate ( ) Federal Funds Rate
( ) LIBOR (Reuters) (X) Treasury Rate
Note (3-month
Treasury Bill, as quoted on
Telerate page 56)
( ) LIBOR (Telerate) ( ) Other:
( ) Prime Rate
Interest Payment Date(s): January 4, April 4, July 4
and October 4, commencing January 4, 1999, and ending
October 4, 1999.
Record Date(s): (X) The fifteenth day (whether or
not a Business Day) next preceding each Interest
Payment Date.
( ) Other
Initial Interest Rate Per Annum: In accordance with
the Interest Rate above.
Interest Payment Period: ( ) Annual ( ) Semi-Annual
( ) Monthly ( X ) Quarterly ( ) Other:
Interest Reset Periods:
( ) Daily ( X ) Weekly ( ) Monthly
( ) Quarterly (Actual/360)
( ) Semi-annually; the third Wednesday of :
( ) Annually; the third Wednesday of:
Interest Determination Dates: N/A
Interest Reset Date if other than stated in the
Prospectus Supplement: N/A
Interest Calculation:
(X) Regular Floating Rate
( ) Inverse Floating Rate (Fixed Interest Rate:
___%)
( ) Other Floating Rate (See attached)
Spread (plus/minus): plus 80 basis points
Spread Multiplier: N/A
Index Maturity: 3-months Index Currency: N/A
Maximum Interest Rate: N/A Minimum Interest Rate: 0.00%
Calculation Date if other than stated in the
Prospectus Supplement: N/A
Right of Payment:
( ) Subordinated (X) Unsubordinated
Day Count Basis: ( ) Actual/360
(Commercial Paper Rate Notes,
Federal Funds Rate
Notes, Prime Rate
Notes and LIBOR Notes)
(X ) Actual/Actual (Treasury Rate Notes)
Form: (X) Book-Entry Note (DTC)
( ) Certificated Note
Denomination: $250,000 with $50,000 integral
multiples thereafter.
Redemption:
( X ) The Notes may not be redeemed prior to
stated maturity.
( ) The Notes may be redeemed prior to stated 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
Repayment Date Prices: N/A
Sinking Fund: None
Extendible Note: ( ) Yes (X) No
Amortization Schedule: N/A
Original Issue Discount: N/A
Amount of OID:
Yield to Maturity:
Interest Accrual Date:
Initial Accrual Period OID:
Indexed Note: ( ) Yes (X) No
Calculation Agent(s): (X) U.S. Bank Trust
National Association
( ) Morgan Guaranty Trust Company
of New York
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 SUPPLEMENT OR THE
PROSPECTUS SHALL HAVE THE MEANINGS ASSIGNED
TO THEM IN THE PROSPECTUS SUPPLEMENT OR THE
PROSPECTUS.
