Ownership Submission
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 *
  Keaney Timothy F
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 CANADA SQUARE
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)

LONDON 514 5AL
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) 94,941.11 (1)
D
 

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 02/11/2004 02/11/2013 Common Stock (Par Value $7.50) 25,000 $ 23.13 D  
Options 02/11/2005 02/11/2013 Common Stock (Par Value $7.50) 25,000 $ 23.13 D  
Options 02/11/2006 02/11/2013 Common Stock (Par Value $7.50) 25,000 $ 23.13 D  
Options 03/12/2003 03/12/2012 Common Stock (Par Value $7.50) 18,332 $ 41.85 D  
Options 03/12/2004 03/12/2012 Common Stock (Par Value $7.50) 18,334 $ 41.85 D  
Options 03/12/2005 03/12/2012 Common Stock (Par Value $7.50) 18,334 $ 41.85 D  
Options 03/04/2005 03/04/2014 Common Stock (Par Value $7.50) 12,500 $ 33.09 D  
Options 03/04/2006 03/04/2014 Common Stock (Par Value $7.50) 12,500 $ 33.09 D  
Options 03/04/2007 03/04/2014 Common Stock (Par Value $7.50) 12,500 $ 33.09 D  
Options 03/09/2008 03/09/2015 Common Stock (Par Value $7.50) 13,334 $ 30.39 D  
Options 03/09/2006 03/09/2015 Common Stock (Par Value $7.50) 13,333 $ 30.39 D  
Options 03/09/2007 03/09/2015 Common Stock (Par Value $7.50) 13,333 $ 30.39 D  
Options 09/05/2003 09/05/2010 Common Stock (Par Value $7.50) 15,000 $ 51.9375 D  
Options 09/05/2001 09/05/2010 Common Stock (Par Value $7.50) 15,000 $ 51.9375 D  
Options 09/05/2002 09/05/2010 Common Stock (Par Value $7.50) 15,000 $ 51.9375 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Keaney Timothy F
ONE CANADA SQUARE
LONDON 514 5AL
      EVP of The Bank of New York  

Signatures

Timothy F. Keaney 11/02/2005
**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 12,872.2640 stock units in employer's stock fund in The Bankof New York Company, In c. Employee savings and Investment Plan.

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