The author considers an Ising chain where the random interaction matrix has the symmetrised form J=PV+VP. The matrix elements of V and P are Vij=exp(- gamma mod i-j mod ) and Pij=Pi delta j,i-1+Pi+1 delta j,i+1, where i, j indicate sites on the chain. The quantities Pi are independent random variables with the same probability distribution. Their mean and variance are fixed to be (Pi)=J0 gamma /4; (Pi2)-(Pi)2=J2 gamma /4, where gamma -1 is the range of the interaction. The author then obtains Sigma j(Jij)=2J0, Sigma j(Jij2)=J2 in the limit gamma to 0, as in a model Hamiltonian that describes a spin-glass transition. The author evaluates exactly in this limit the density of eigenvalues of the random matrix PV. An integral equation for the distribution probability of new local random variables is derived by using the continued fraction method and the asymptotic solution in the limit gamma to 0 is obtained analytically. The largest eigenvalue of PV is found to be J0 independent of J. However the largest eigenvalue of J=PV+VP is found to be mu M=J0+(J02+NJ2)12/, when gamma =0 and N is the total number of sites. An independent evaluation of the ground state energy shows that E0<-J square root NN, hence E0 is not extensive. These results show that the scaling of the variance of the random interactions as J2N-1 gives highly unphysical results for the present model.