Pricing Supplement Dated November 21, 1995 Rule 424(b)(3)
File No. 33-50333
(To Prospectus dated October 8, 1993 and
Prospectus Supplement dated August 1, 1995)
THE BANK OF NEW YORK COMPANY, INC.
Subordinated Retail Medium-Term Notes
(U.S. $ Fixed Rate)
_________________________________________________________________
Trade Date: November 21, 1995 Original Issue Date: November 30,
1995
Principal Amount: $10,000,000 Net Proceeds to Issuer: $10,000,000
Issue Price: 100% Agent's Capacity:
Selling Agent's x Principal Basis Agency Basis
Commission/Discount: None
Interest Rate: 7.125% per annum Interest Payment Dates: The
Maturity Date: November 30, 2015 30th day of each month,
commencing December 30, 1995
_________________________________________________________________
Form: x Book Entry
Certificated
Redemption:
The Notes cannot be redeemed prior to maturity
x The Notes may be redeemed prior to maturity on
November 30, 1999 and semi-annually thereafter
on 30 calendar days notice
Initial Redemption Date: November 30, 1999
Initial Redemption Percentage: 100%
Annual Redemption Percentage Reduction: N/A
Repayment:
x The Notes cannot be repaid prior to maturity
The Notes can be repaid prior to maturity at the
option of the holder of the Notes
Optional Repayment Date: N/A
Optional Repayment Price: N/A
Discount Note: Yes x No
The covenant defeasance provisions of the Indenture described
under "Description of Debt Securities -- Defeasance and Covenant
Defeasance" in the Prospectus will apply to the Notes.
Smith Barney Inc.
