BANK OF NEW YORK CO INC
8-K, 1995-11-14
STATE COMMERCIAL BANKS
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<PAGE> 1

                   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): November 14, 1995

                   THE BANK OF NEW YORK COMPANY, INC.
                   ----------------------------------
         (exact name of registrant as specified in its charter)


                                NEW YORK
                                --------
             (State or other jurisdiction of incorporation)



                   1-6152                   13-2614959
                   ------                   ----------
       (Commission file number)      (I.R.S. employer identification
                                           number)




        48 Wall Street, New York, NY       10286
        ----------------------------       -----
        (Address of principal executive    (Zip code)
           offices)






                  212 - 495 - 1784
                  ----------------
         (Registrant's telephone number,
              including area code)

<PAGE> 2

ITEM 5.   Other Events
          ------------
          Common Share Buyback
          --------------------
          On November 14, 1995, The Bank of New York Company,
          Inc. (the "Company") issued a press release
          announcing a plan to buy back up to 16 million
          of its common shares.  One purpose of the buy back
          is to repurchase shares in an amount at least equal
          to the approximately 5 million shares issued in
          connection with the purchase of The Putnam Trust
          Company of Greenwich on September 1, 1995.  Shares
          will be acquired in the open market and held in
          treasury.  The shares may be used in connection
          with certain employee benefit and other plans.

<PAGE> 3

                             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 thereunto duly 
authorized.


Dated: November 14, 1995

                         THE BANK OF NEW YORK COMPANY, INC.
                         (Registrant)


                       By:    /s/ Deno D. Papageorge
                              ------------------------
                     Name:     Deno D. Papageorge
                    Title:     Chief Financial Officer



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