Pricing Supplement Dated September 14, 1999     Rule 424(b)(3)
(To Prospectus dated February 4, 1999 and       File Nos. 333-70187,
Prospectus Supplement dated July 30, 1999)      333-70187-01, 333-
                                                70187-02, 333-70187-
                                                03, 333-70187-04 and
                                                33-61957
THE BANK OF NEW YORK COMPANY, INC.

Senior Subordinated Medium-Term Notes Series D
(U.S. $ Fixed Rate)
_________________________________________________________________

Trade Date: September 14, 1999    Original Issue Date: September 30, 1999
Principal Amount: $25,000,000     Net Proceeds to Issuer: $25,000,000
Issue Price: 100%                 Agent's Capacity:
Selling Agent's                   x Principal Basis      Agency Basis
Commission/Discount: 0.00%
Interest Rate: 7.75% per annum      Interest Payment Dates: Semi-
Maturity Date: September 30, 2014   annually on every March 30 and
                                    September 30, Commencing
                                    March 30, 2000
__________________________________________________________________
Form:       x     Book Entry
                  Certificated

Redemption:
                  The Notes cannot be redeemed prior to maturity
           x      The Notes may be redeemed prior to maturity on
                  September 30, 2002 and on any March 30 or September 30
                  thereafter on 30 calendar days notice.

      Initial Redemption Date: September 30, 2002

      Initial Redemption Percentage: 100%

      Annual Redemption Percentage Reduction: N/A

Repayment:

           x      The Notes cannot be repaid prior to maturity
                  The Notes can be repaid prior to maturity at the
                  option of the holder of the Notes

      Optional Repayment Date:  N/A

      Optional Repayment Price:  N/A

Discount Note:     Yes      x   No

The covenant defeasance provisions of the Senior Subordinated Indenture
described under "Description of Senior Debt Securities and Senior Subordinated
Debt Securities -- Defeasance and Covenant Defeasance" in the Prospectus
will apply to the Notes. The Notes described herein are being
purchased by Salomon Smith Barney (the "Agent"), as principal, on the
terms and conditions described in the Prospectus Supplement under the
caption "Plan of Distribution of Medium-Term Notes."  The Notes will
be sold to the public at varying prices relating to prevailing market
prices at the time of resale as determined by the Agent.  The net
proceeds to the Company will be $25,000,000.

                     Salomon Smith Barney