Edgar Filing: MONKS DONALD R

Ownership Submission

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

MONKS DONALD R

2. Issuer Name and Ticker or Trading Symbol
BANK OF NEW YORK CO INC [BK]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
ViceChairThe Bank of New York

(Last)

(First)

(Middle)

ONE WALL STREET

3. Date of Earliest Transaction (Month/Day/Year)
10/24/2006

(Street)

NEW YORK, NY 10286

4. If Amendment, Date Original Filed(Month/Day/Year)

6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock (Par Value $7.50)	10/24/2006		M		74,204	A	$ 17.25	543,280.71	D
Common Stock (Par Value $7.50)	10/24/2006		S⁽¹⁾		2,200	D	$ 33.5	541,080.71	D
Common Stock (Par Value $7.50)	10/24/2006		S⁽¹⁾		2,500	D	$ 33.518	538,580.71	D
Common Stock (Par Value $7.50)	10/24/2006		S⁽¹⁾		1,700	D	$ 33.54	536,880.71	D
Common Stock (Par Value $7.50)	10/24/2006		S⁽¹⁾		1,300	D	$ 33.59	535,580.71	D
Common Stock (Par Value $7.50)	10/24/2006		S⁽¹⁾		2,900	D	$ 33.6	532,680.71	D
Common Stock (Par Value $7.50)	10/24/2006		S⁽¹⁾		1,804	D	$ 33.631	530,876.71	D
Common Stock (Par Value $7.50)	10/24/2006		S⁽¹⁾		4,200	D	$ 33.64	526,676.71	D
Common Stock (Par Value $7.50)	10/24/2006		S⁽¹⁾		1,600	D	$ 33.65	525,076.71	D
Common Stock (Par Value $7.50)	10/24/2006		S⁽¹⁾		2,000	D	$ 33.66	523,076.71	D
Common Stock (Par Value $7.50)	10/24/2006		S⁽¹⁾		11,300	D	$ 33.67	511,776.71	D
Common Stock (Par Value $7.50)	10/24/2006		S⁽¹⁾		1,400	D	$ 33.671	510,376.71	D
Common Stock (Par Value $7.50)	10/24/2006		S⁽¹⁾		4,500	D	$ 33.68	505,876.71	D
Common Stock (Par Value $7.50)	10/24/2006		S⁽¹⁾		4,900	D	$ 33.69	500,976.71	D
Common Stock (Par Value $7.50)	10/24/2006		S⁽¹⁾		3,900	D	$ 33.7	497,076.71	D
Common Stock (Par Value $7.50)	10/24/2006		S⁽¹⁾		3,700	D	$ 33.71	493,376.71	D
Common Stock (Par Value $7.50)	10/24/2006		S⁽¹⁾		500	D	$ 33.72	492,876.71	D
Common Stock (Par Value $7.50)	10/24/2006		S⁽¹⁾		700	D	$ 33.726	492,176.71	D
Common Stock (Par Value $7.50)	10/24/2006		S⁽¹⁾		5,600	D	$ 33.73	486,576.71 ⁽²⁾	D
Common Stock (Par Value $7.50)								0 ⁽³⁾	I	Daughter-Laura
Common Stock (Par Value $7.50)								0 ⁽⁴⁾	I	Son-Brian

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code
(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date
(Month/Day/Year)

7. Title and Amount of Underlying Securities
(Instr. 3 and 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Options

$ 17.25

10/24/2006

74,204

01/14/1998

01/14/2007

Common Stock (Par Value $7.50)

74,204

$ 17.25

1,490,000

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
MONKS DONALD R ONE WALL STREET NEW YORK, NY 10286			ViceChairThe Bank of New York

Signatures

Donald R. Monks		10/25/2006
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	The sale is being made pursuant to a Rule 10b5-1 Sales Plan, adopted on August 3, 2006.
(2)	As of September 30, 2006, reporting person indirectly owns 82,624.564 stock units in employer's stock fund in The Bank of New Yor k Company, Inc. Employee Savings and Investment Plan, a 401(k) Plan, formerly the Profit Sharing Plan.
(3)	The reporting person no longer has a reportable beneficial interest in 1,717 shares of The Bank of New York Company, Inc. common stock owned by daughter, Laura, and included in the reporting person's prior ownership reports.
(4)	The reporting person no longer has a reportable, beneficial interest in 1,718.9580 shares of common stock of The Bank of New York Company, Inc. owned by son, Brian, and included in the reporting person's prior ownership reports.
Remarks: Form 1 of 2

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