BANK OF NEW YORK CO INC
11-K, 1994-06-28
STATE COMMERCIAL BANKS
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                   SECURITIES AND EXCHANGE COMMISSION
                         Washington, D.C.  20549
                                    
                                    
                                    
                               FORM  11-K


(Mark One)


[X] ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES     
  EXCHANGE ACT OF 1934 [FEE REQUIRED] 

For the fiscal year ended December 31, 1993


[ ] TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934 [NO FEE REQUIRED]


Commission file number 1-6152


A. Full title of the plan and the address of the plan, if
different from that of the issuer named below:

                                    
                   EMPLOYEES' PROFIT SHARING PLAN OF 
                   THE BANK OF NEW YORK COMPANY, INC.


B. Name of issuer of the securities held pursuant to the plan and
the address of its principal executive office:


                                    
                   THE BANK OF NEW YORK COMPANY, INC.
                             48 Wall Street
                       New York, New York   10286



<PAGE>

Item 1. Not applicable


Item 2. Not applicable


Item 3. Not applicable


Item 4. In lieu of Items 1-3 above, plan financial statments and
supplemental schedules for the years ended December 31, 1993 and
1992 prepared in accordance with the financial reporting
requirements of ERISA have been filed in paper format under cover
of Form SE.





<PAGE>
                                    
                                    
                                    
                               SIGNATURES
                                    


Pursuant to the requirements of the Securities Exchange Act of
1934, the trustees (or other persons who administer the employee
benefit plan) have duly caused this annual report to be signed on
its behalf by the undersigned thereunto duly authorized.
               


                         EMPLOYEES' PROFIT-SHARING PLAN OF
                         THE BANK OF NEW YORK COMPANY, INC.


                         BY: 
                              \s\ Thomas E. Angers
                              --------------------             
                                  Thomas E. Angers


                              \s\ Alan R. Griffith
                              --------------------     
                                  Alan R. Griffith


                              \s\ Kevin J. Bannon
                              --------------------        
                                  Kevin J. Bannon

Dated:

June 27, 1994



<PAGE>

EXHIBIT INDEX
          

Exhibit No.
- - - - ----------

   23             Consent of Deloitte & Touche



                                             Exhibit 23

CONSENT OF INDEPENDENT AUDITORS


We consent to the incorporation by reference in the Registration
Statement on Form S-8 (No.33-26262) of the Employees' Profit
Sharing Plan of The Bank of New York Company, Inc. and in the
related Prospectus, of our report dated June 17, 1994 of the
Employees' Profit Sharing Plan of The Bank of New York Company,
Inc. included in this Annual Report on Form 11-K for the year
ended December 31, 1993.



\s\ Deloitte & Touche
- - - - ---------------------
Deloitte & Touche

June 28, 1994
New York, New York



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