NEW YORK TIMES CO
SC 13G/A, 1996-02-02
NEWSPAPERS: PUBLISHING OR PUBLISHING & PRINTING
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                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.  20549


                                 SCHEDULE 13G


                   Under the Securities Exchange Act of 1934
                               (Amendment No. 3)*


                           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).


                                     1 OF 5


                                      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)  [__]
______________________________________________________________________________

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         None
  OWNED BY       _______________________________________________________________
    EACH         7. SOLE DISPOSITIVE POWER
  REPORTING
   PERSON            5,721
    WITH          
             
                 ______________________________________________________________
                 8. SHARED DISPOSITIVE POWER

                     None
______________________________________________________________________________

9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

        5,721
______________________________________________________________________________

10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [__]

______________________________________________________________________________

11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

        0.0%
______________________________________________________________________________

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:

                      5,721 shares

       4(b)      Percent of Class:  0.0%

       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:
                                     None

                 (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:
                                     None

                                  3 OF 5

Item 5           Ownership of Five Percent or less of a Class:

                 On January 16, 1996, all shares of Class A Common Stock 
                 formerly held in the Jordan Voting Trust were distributed to 
                 the beneficiaries.  Mr. Grimm therefore is no longer the 
                 beneficial owner of more than 5% of the Class A Common Stock.

Item 6           Ownership of more than Five Percent on behalf of another 
                 person:
                                  Not Applicable
 
Item 7           Identification and Classification of the Subsidiary which 
                 acquired the security being reported on by the parent 
                 holding company:
                                  Not Applicable

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

                                4 OF 5


    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


                               5 OF 5



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