SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of Earliest Event Reported) July 1, 1996
First Albany Companies Inc.
(Exact name of registrant as specified in charter)
New York 014140 22-2655804
State or other jurisdiction Commission file number (IRS employer
of incorporation) identification No.)
30 S. Pearl Street, Albany, New York 12207
(Address of principal executive offices) (zip code)
Registrant's telephone number, including area code (518) 447-8500
ITEM 5. Change in Fiscal Year.
On July 1, 1996, the registrant's Board of Directors determined
to change the fiscal year of the registrant from the 52/53 week period
ending the last Friday in September to a fiscal year ending December 31 in
each year, commencing with the fiscal year ending December 31, 1996. The
registrant plans to file a transition report on Form 10-Q covering the 3
month period from September 29, 1995 (the registrant's most recent fiscal
year end) through December 31, 1995.
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.
FIRST ALBANY COMPANIES INC.
Date: July 9, 1996 by: /s/David J. Cunningham
Name: David J. Cunningham
Title: Vice President and Chief Financial Officer
(Principal Accounting Officer)
