We present the optical and X-ray study of the radio-loud quasar 4C +74
.26. The ASCA spectrum is rather complex with indications of a reflect
ion component, a neutral iron line and a warm absorber. The underlying
power law has a photon index of Gamma = 2.03 +/- 0.09. The soft X-ray
flux in 1996 is nearly twice as high as that found in a ROSAT observa
tion in 1993 without apparent spectral changes. The X-ray data support
the picture deduced from previous radio observations that 4C +74.26 i
s seen under a relative large angle (similar to 45 degrees) with respe
ct to its jet axis. However, the rather unusual X-ray spectral propert
ies might as well be a signature of the quasar's young evolutionary st
atus. No interaction between the quasar and the nearby similar to 19 m
ag galaxy could be found in the optical images.