Pricing Supplement No. 116 Dated June 18, 1999
(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
60 Wall Street
New York, NY 10260-0060
(1-212) 483-2323
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 DX2
Trade Date: June 18, 1999
Settlement Date: June 23, 1999
Maturity Date: June 23, 2000
Price to Public (Issue Price): Varying prices relating to
prevailing market prices.
Net Proceeds to Issuer: $5,000,000 (100.00%)
Interest Rate (per annum): 5.58%
Interest Payment Date: June 23, 2000 (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: ( ) 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.
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:
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.