1
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------

                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

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

                                    FORM 8-K

                                 CURRENT REPORT

                     PURSUANT TO SECTION 13 OR 15(d) OF THE

                         SECURITIES EXCHANGE ACT OF 1934

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

         Date of Report (Date of earliest event reported) July 10, 1997


                         J.P. MORGAN & CO. INCORPORATED
             (Exact name of registrant as specified in its charter)



     DELAWARE                          1-5885                    13-2625764
 (State or other juris-              (Commission             (IRS Employer
diction of incorporation)            File Number             Identification No.)



        60 WALL STREET, NEW YORK, NEW YORK                  10260-0060
     (Address of principal executive offices)               (Zip Code)


        Registrant's telephone number, including area code (212) 483-2323

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


          (Former name or former address, if changed since last report)

- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
   2
ITEM 5.  OTHER EVENTS

         On July 10, 1997, the Registrant issued a press release announcing its
         earnings for the three-month and six-month periods ended June 30, 1997.
         A copy of such press release is filed herein as Exhibit 99.



ITEM 7.  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS

         (a) Financial Statements

             NONE.  The financial statements included in this report are not
             required to be filed as part of this report.

         (b) Pro Forma Financial Information

             NONE.

         (c) Exhibits

            99. Copy of press release of J.P. Morgan & Co. Incorporated
                dated July 10, 1997.
   3
                                   SIGNATURES




Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.







                        J.P. MORGAN & CO. INCORPORATED
                        ------------------------------
                        (REGISTRANT)







                         /s/   PATRICIA A. JONES
                        ----------------------------
                        NAME:  PATRICIA A. JONES
                        TITLE: MANAGING DIRECTOR



DATE: July 10, 1997