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THE NEW YORK TIMES COMPANY DECLARES REGULAR QUARTERLY DIVIDEND

 NEW YORK, July 15 /PRNewswire/ -- The New York Times Company today declared a regular quarterly dividend of $.14 per share on its Class A and Class B common stock. The dividend is payable on Sept. 24, 1993, to shareholders of record on Sept. 3, 1993.
 This is the 99th consecutive quarterly dividend paid on the company's common stock since its Class A shares were admitted to trading on the American Stock Exchange in 1969.
 A regular quarterly dividend of $1.375 per share on the 5-1/2 percent cumulative prior preference stock was also declared, payable on Oct. 1, 1993, to shareholders of record on Sept. 3, 1993.
 The New York Times Company is a $1.8 billion communications company with four lines of business: newspapers, magazines, broadcasting/information services and forest products. In addition to The New York Times, the company publishes 31 regional newspapers; owns a one-half interest in the International Herald Tribune; publishes 20 magazines, including McCall's, Family Circle and Golf Digest, Tennis and 11 special interest publications; operates five television stations, two radio stations, a news service and other information services; and has interests in two newsprint mills and one supercalendered paper mill.
 The company's Class A shares are traded under the symbol NYT.A.
 -0- 7/15/93
 /CONTACT: Nancy Nielsen of the New York Times Company, 212-556-7078/
 (NYT)


CO: New York Times Company ST: New York IN: PUB SU: DIV

MP -- NY055 -- 1979 07/15/93 12:48 EDT
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Publication:PR Newswire
Date:Jul 15, 1993
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