Pricing Supplement No. 92 Dated May 19, 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: $5,000,000
If principal amount is stated in other than
U.S. dollars, equivalent amount in U.S. dollars: N/A
CUSIP: 61687Y CZ8
Trade Date: May l9, 1998
Settlement Date: May 22, 1998
Maturity Date: May 22, 2001
Price to Public (Issue Price): Varying prices relating to
prevailing market prices
Net Proceeds to Issuer: 99.919% ($4,995,950)
Interest Rate (per annum): 5.95%
Interest Payment Date(s): November 22 and May 22 of each
year, commencing November 22, 1998 (subject to Business Day
convention described in the Prospectus Supplement).
Record Date(s): ( X ) The fifteenth day (whether or not
a Business Day) next preceding each
Interest Payment Date.
( ) Other:
Day Count Basis: ( X) 30/360
( ) Actual
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.
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: N/A
Yield to Maturity: N/A
Interest Accrual Date: N/A
Initial Accrual Period OID: N/A
Amortization Schedule: N/A
Denominations: $250,000 with $50,000 integral multiples
thereafter.
Plan of Distribution:
The Company will sell the Notes to J.P. Morgan
Securities Inc. ("JMPSI") at a price of 99.919% of the
principal amount of the Notes. JPMSI, acting as the
Company's agent, will in turn sell $5,000,000 aggregate
principal amount of the Notes to Bear, Stearns & Co. Inc. at
a price of 99.919% of the principal amount of the Notes.
The Company has agreed to indemnify JPMSI and Bear,
Stearns & Co. Inc. 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.
