FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF 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 *   Berntsen Torry 2. Date of Event Requiring Statement (Month/Day/Year) 10/24/2005 3. Issuer Name and Ticker or Trading Symbol BANK OF NEW YORK CO INC [BK] (Last) (First) (Middle) ONE WALL STREET 4. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) EVP of The Bank of New York 5. If Amendment, Date Original Filed(Month/Day/Year) (Street) NEW YORK, NY 10286 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 Beneficially Owned

1.Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5) Common Stock (Par Value $7.50) 66,386 (1) D Â

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Options	01/12/2000	01/12/2009	Common Stock (Par Value $7.50)	5,333	$ 35.5625	D	Â
Options	01/12/2001	01/12/2009	Common Stock (Par Value $7.50)	5,333	$ 35.5625	D	Â
Options	01/12/2002	01/12/2009	Common Stock (Par Value $7.50)	5,334	$ 35.5625	D	Â
Options	01/13/1999	01/13/2008	Common Stock (Par Value $7.50)	2,208	$ 27.4688	D	Â
Options	01/13/2000	01/13/2008	Common Stock (Par Value $7.50)	2,458	$ 27.4688	D	Â
Options	01/13/2001	01/13/2008	Common Stock (Par Value $7.50)	5,334	$ 27.4688	D	Â
Options	02/11/2005	02/11/2013	Common Stock (Par Value $7.50)	4,666	$ 23.13	D	Â
Options	02/11/2006	02/11/2013	Common Stock (Par Value $7.50)	11,334	$ 23.13	D	Â
Options	02/13/2004	02/13/2011	Common Stock (Par Value $7.50)	6,667	$ 54.02	D	Â
Options	02/13/2002	02/13/2011	Common Stock (Par Value $7.50)	6,666	$ 54.02	D	Â
Options	02/13/2003	02/13/2011	Common Stock (Par Value $7.50)	6,667	$ 54.02	D	Â
Options	02/08/2002	02/08/2010	Common Stock (Par Value $7.50)	6,667	$ 39.3125	D	Â
Options	02/08/2003	02/08/2010	Common Stock (Par Value $7.50)	6,667	$ 39.3125	D	Â
Options	02/08/2001	02/08/2010	Common Stock (Par Value $7.50)	6,666	$ 39.3125	D	Â
Options	03/12/2004	03/12/2012	Common Stock (Par Value $7.50)	8,666	$ 41.85	D	Â
Options	03/12/2005	03/12/2012	Common Stock (Par Value $7.50)	8,668	$ 41.85	D	Â
Options	03/12/2003	03/12/2012	Common Stock (Par Value $7.50)	8,666	$ 41.85	D	Â
Options	03/04/2006	03/04/2014	Common Stock (Par Value $7.50)	6,000	$ 33.09	D	Â
Options	03/04/2007	03/04/2014	Common Stock (Par Value $7.50)	6,000	$ 33.09	D	Â
Options	03/04/2005	03/04/2014	Common Stock (Par Value $7.50)	6,000	$ 33.09	D	Â
Options	03/09/2007	03/09/2015	Common Stock (Par Value $7.50)	11,667	$ 30.39	D	Â
Options	03/09/2008	03/09/2015	Common Stock (Par Value $7.50)	11,667	$ 30.39	D	Â
Options	03/09/2006	03/09/2015	Common Stock (Par Value $7.50)	11,666	$ 30.39	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Berntsen Torry ONE WALL STREET NEW YORK, NY 10286	Â	Â	  EVP of The Bank of New York	Â

Signatures

Torry Berntsen		11/01/2005
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(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)	As of September 30, 2005 reporting person has 8,467.7993 stock units in employer's stock fund in The Bank of New York Company, In c. Employee Savings and Investment Plan.

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