WILEY JOHN & SONS INC
8-K, 1995-05-04
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<PAGE>                             



                                
                                
                     Washington D.C.  20549
                                
                                
                            FORM 8-K
                                
                         CURRENT REPORT
                                
               Pursuant to Section 13 or 15(d) of
               the Securities Exchange Act of 1934
                                
                                
                                
                         April 28, 1995
                        (Date of Report)
                (Date of Earliest Event Reported)
                                
                                
                     JOHN WILEY & SONS, INC.
     (Exact name of registrant as specified in its charter)
                                
                            New York
            (State or Jurisdiction of incorporation)



           0-2538                            13-5593032
   Commission File Number            IRS Employer Identification
                                               Number
                                                  
 605 Third Avenue, New York,                 10158-0012
             NY
    Address of principal                      Zip Code
      executive offices
                                    
Registrant's telephone number,             (212) 850-6000
including area code:





         This is the first page of a two page document.
<PAGE>
 Item 5:  Other Events


On  April 28, 1995, the Company prepaid the remaining balance  of
its  10.31% Notes in the amount of $26 million, representing  all
of  its long-term debt.  Although incurring prepayment fees,  the
Company  will  benefit by eliminating the negative interest  rate
spread  between  the  higher interest rate on  the  debt  retired
compared  with the current interest rates being earned on  short-
term investments by the Company.

In  addition,  the Company recently entered into a new  revolving
credit  agreement, increasing its line of credit from $30 to  $50
million under more favorable terms, expiring on March 30, 2000.






                            Signature


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.

                                        John Wiley & Sons, Inc.




                                    /S/   Robert D. Wilder
                                          Robert D. Wilder
                                          Senior Vice President and
                                          Chief Financial Officer






Date:  May 4, 1995




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