UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
THE NEW YORK TIMES COMPANY
________________________________________________________________
(Name of Issuer)
Class A Common Stock
________________________________________________________________
(Title of Class of Securities)
650111107
_____________________________
(CUSIP Number)
Check the following box if a fee is being paid with the statement [__]. (A fee
is not required only if the reporting person: (1) has a previous statement on
file reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
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13G
CUSIP No. 650111107 Page 2 of 5 Pages
________________________________________________________________________________
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Roland D. Grimm ###-##-####
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [___]
(b) [_X_]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
________________________________________________________________________________
5. SOLE VOTING POWER
5,721
_________________________________________________________________
NUMBER OF 6. SHARED VOTING POWER
SHARES
BENEFICIALLY 6,608,787
OWNED BY _________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING
PERSON 5,721
WITH _______________________________________________________________
8. SHARED DISPOSITIVE POWER
4,426,512
_______________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,614,508
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [___]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
6.8%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON*
IN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Item 1(a) Name of Issuer:
The New York Times Company
2(b) Address of Issuer's Principal Executive Offices:
229 West 43rd Street
New York, NY 10036
Item 2(a) Name of Person Filing:
Roland D. Grimm
2(b) Address of Principal Business Office, or if none, Residence:
P.O. Box 8680
St. Thomas, VI 00801
2(c) Citizenship:
United States of America
2(d) Title of Class of Securities:
Class A Common Stock, $.10 par value
2(e) CUSIP Number:
650111107
Item 3 If this statement is filed pursuant to Rules 13d-1(b) or
13d-2(b):
Not applicable
Item 4(a) Amount beneficially owned:
6,614,508 shares^F1
____________________
^F1 At December 31, 1995, Mr. Grimm was one of the three trustees (the
"Jordan Trustees") under the will (the "Jordan Will") of the late Eben D.
Jordan, who died in 1895. The other trustees were William O. Taylor and Robert
A. Lawrence. At January 1, 1995, the Jordan Trust held 6,608,787 shares of
Class A Common Stock of the issuer. All of these shares were held in the
Jordan Voting Trust, pursuant to which the Jordan Trustees shared the power to
vote and dispose of the shares. A corresponding number of Jordan Voting Trust
certificates were issued and also held in trust by the Jordan Trustees.
During 1995, 2,182,275 Jordan Voting Trust certificates formerly held in
trust by the Jordan Trustees, corresponding to 2,182,275 shares of Class A
Common Stock of the issuer, were transferred to the 1995 Symonds-Clay Trust.
There were four sub-trusts under the 1995 Symonds-Clay Trust (of which Mr.
Grimm was not a trustee), which combined assets formerly held in other sub-
trusts under the Jordan Will (the "Symonds-Clay Sub-trusts"). In the first
Symonds-Clay Sub-trust there were 1,009,506 shares of Class A Common Stock.
The income beneficiary of the first Symonds-Clay Sub-trust was Jeremy Clay. In
the second Symonds-Clay Sub-trust there were 1,009,507 shares of Class A Common
Stock. The income beneficiaries of the second Symonds-Clay Sub-trust (formerly
Bridget Symonds) were Peter and Lucilla Clay Stephenson. In each of the third
and fourth Symonds-Clay Sub-trusts there were 81,631 shares of Class A Common
Stock. The income
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4(b) Percent of Class: 6.8%
4(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
5,721 shares
(ii) Shared power to vote or to direct the vote:
6,608,787 shares^F2
(iii) Sole power to dispose or to direct the disposition of:
5,721 shares
(iv) Shared power to dispose or to direct the
disposition of:
4,426,512 shares^F2
Item 5 Ownership of Five Percent or less of a Class:
Not Applicable
Item 6 Ownership of more than Five Percent on behalf of another person:
See response to Item 4(c) and notes thereto.
Item 7 Identification and Classification of the Subsidiary which acquired the
security being reported on by the parent holding company:
Not Applicable
____________________
beneficiaries of the third and fourth Symonds-Clay Sub-trusts were Peter Clay
and Lucilla Clay Stephenson, respectively.
As of December 31, 1995, there remained two sub-trusts under the Jordan
Will (the "Jordan Sub-trusts") for the benefit of the issue of the testator,
both of which terminated on January 16, 1996. One Jordan Sub-trust (the
"Kidder Sub-trust") held 2,213,256 shares of Class A Common Stock. The income
beneficiaries (formerly Dorothy R. Kidder) were certain lineal descendants of
Dorothy R. Kidder. The second Jordan Sub-trust (the "Talbot-Baker Sub-trust")
held 2,213,256 shares of Class A Common Stock. There were seven income
beneficiaries of this sub-trust, no one of whom was entitled to more than 1/6th
of the income of the trust.
At December 31, 1995, Mr. Lawrence, Mr. Grimm and Mr. Taylor were the
voting trustees under the Jordan Voting Trust and shared all voting rights with
respect to the shares held in the Voting Trust (i.e., all shares under the 1995
Symonds-Clay Trust and under both Jordan Sub-trusts). The Jordan Voting Trust
will terminate on January 16, 1996. Dispositive power with respect to the
shares in the Jordan Sub-trusts, but not the Symonds-Clay Sub-trusts, was
shared by the same three persons as trustees under the Jordan Will.
^F2 Reflects total holdings of Jordan Sub-trusts.
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Item 8 Identification and Classification of members of the group:
Not Applicable
Item 9 Notice of dissolution of group:
Not Applicable
Item 10 Certification:
Not Applicable
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
January 26, 1996
/s/ Roland D. Grimm
__________________________
Roland D. Grimm
