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 *
HASSELL GERALD L
   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)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President
(Last)
(First)
(Middle)
THE BANK OF NEW YORK, ONE WALL STREET		 3. Date of Earliest Transaction (Month/Day/Year)
11/15/2005
(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)
Code V Amount (A) or (D) Price
Common Stock (Par Value $7.50) 03/15/2005   G V 900 D $ 30.595 829,197.18 D  
Common Stock (Par Value $7.50) 03/25/2005   L V 28.6 A $ 29.0934 829,225.79 D  
Common Stock (Par Value $7.50) 05/05/2005   L V 116.57 A $ 28.6021 829,342.36 D  
Common Stock (Par Value $7.50) 08/04/2005   L V 115.38 A $ 30.5554 829,457.73 D  
Common Stock (Par Value $7.50) 08/04/2005   G V 8,000 D $ 30.64 821,457.73 D  
Common Stock (Par Value $7.50) 10/25/2005   G V 900 D $ 30.46 820,557.73 D  
Common Stock (Par Value $7.50) 11/04/2005   L V 114.1 A $ 31.1089 820,671.83 D  
Common Stock (Par Value $7.50) 11/15/2005   M   18,522 A $ 11.2813 839,193.83 D  
Common Stock (Par Value $7.50) 11/15/2005   M   9,262 A $ 11.2813 848,455.83 D  
Common Stock (Par Value $7.50) 11/15/2005   S(1)   9,000 D $ 32.25 839,455.83 D  
Common Stock (Par Value $7.50) 11/15/2005   S(1)   4,700 D $ 32.28 834,755.83 D  
Common Stock (Par Value $7.50) 11/15/2005   S(1)   2,200 D $ 32.38 832,555.83 D  
Common Stock (Par Value $7.50) 11/15/2005   S(1)   384 D $ 32.39 832,171.83 D  
Common Stock (Par Value $7.50) 11/15/2005   S(1)   2,300 D $ 32.42 829,871.83 D  
Common Stock (Par Value $7.50) 11/15/2005   S(1)   2,300 D $ 32.46 827,571.83 D  
Common Stock (Par Value $7.50) 11/15/2005   S(1)   4,400 D $ 32.47 823,171.83 D  
Common Stock (Par Value $7.50) 11/15/2005   S(1)   2,500 D $ 32.5 820,671.83 (2) D  
Common Stock (Par Value $7.50)               51,618 (3) I by GRAT
Common Stock (Par Value $7.50)               60,000 (4) I Held by Spouse-Agnes
Common Stock (Par Value $7.50)               28,927 I (5) Held by family trust
Common Stock (Par Value $7.50)               28,927 I (5) Held by second family trust

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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 V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Options $ 11.2813 11/15/2005   M     18,522 01/09/1998 01/09/2006 Common Stock (Par Value $7.50) 18,522 $ 11.2813 1,871,250 D  
Options $ 11.2813 11/15/2005   M     9,262 01/09/1999 01/09/2006 Common Stock (Par Value $7.50) 9,262 $ 11.2813 1,861,988 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
HASSELL GERALD L
THE BANK OF NEW YORK
ONE WALL STREET
NEW YORK, NY 10286		   X     President  

Signatures

 Gerald L. Hassell   11/16/2005
**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 8, 2005.
(2) As of October 31, 2005, reporting person has 226,806.030 stock units in employer's stock fund in The Bank of New York Company, In c. Employee Savings and Investment Plan, formerly the Profit Sharing Plan.
(3) These shares were previously reported as directly beneficially owned but were contributed to a grantor retained annuity trust on May 27, 2004.
(4) Reporting person disclaims beneficial ownership of these securities.
(5) Contribution of shares to a family trust. Reporting person has the right to reacquire the shares by substituting other property of equal value.

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