-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 KPckQzk5IUlGF6FXCLQhM1B7+xzJNHXhWp09FRL1ZAZG9/1mvBoirvVIZGglQ3IW
 rA681oyjrg0xvWBw+LkFqg==

<SEC-DOCUMENT>0000921895-04-000224.txt : 20040213
<SEC-HEADER>0000921895-04-000224.hdr.sgml : 20040213
<ACCEPTANCE-DATETIME>20040213152925
ACCESSION NUMBER:		0000921895-04-000224
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040212
FILED AS OF DATE:		20040213

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BNS CO
		CENTRAL INDEX KEY:			0000014637
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE [6500]
		IRS NUMBER:				050113140
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		25 ENTERPRISE CENTER
		STREET 2:		SUITE 103
		CITY:			MIDDLETOWN
		STATE:			RI
		ZIP:			02842
		BUSINESS PHONE:		401-848-6310

	MAIL ADDRESS:	
		STREET 1:		25 ENTERPRISE CENTER
		STREET 2:		SUITE 103
		CITY:			MIDDLETOWN
		STATE:			RI
		ZIP:			02842

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			COUCHMAN CAPITAL LLC
		CENTRAL INDEX KEY:			0001174448
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-05881
		FILM NUMBER:		04598541

	BUSINESS ADDRESS:	
		STREET 1:		800 THIRD AVE
		STREET 2:		31ST FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
		BUSINESS PHONE:		(212) 287-0720

	MAIL ADDRESS:	
		STREET 1:		800 THIRD AVE
		STREET 2:		31ST FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			COUCHMAN PARTNERS LP
		CENTRAL INDEX KEY:			0001265093

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-05881
		FILM NUMBER:		04598542

	MAIL ADDRESS:	
		STREET 1:		800 THIRD AVENUE 31ST FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			COUCHMAN JONATHAN
		CENTRAL INDEX KEY:			0001265094

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-05881
		FILM NUMBER:		04598545

	MAIL ADDRESS:	
		STREET 1:		800 THIRD AVENUE 31ST FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>cou2.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2004-02-12</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000014637</issuerCik>
        <issuerName>BNS CO</issuerName>
        <issuerTradingSymbol>BNSXA.OB</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001265093</rptOwnerCik>
            <rptOwnerName>COUCHMAN PARTNERS LP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O HEDGE FUND SERVICES (BVI) LIMITED</rptOwnerStreet1>
            <rptOwnerStreet2>SKELTON BUILDING, 2ND FLOOR</rptOwnerStreet2>
            <rptOwnerCity>ROAD TOWN, TORTOLA, BVI</rptOwnerCity>
            <rptOwnerState></rptOwnerState>
            <rptOwnerZipCode></rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001174448</rptOwnerCik>
            <rptOwnerName>COUCHMAN CAPITAL LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>800 THIRD AVENUE, 31ST FLOOR</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10022</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001265094</rptOwnerCik>
            <rptOwnerName>COUCHMAN JONATHAN</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>800 THIRD AVENUE, 31ST FLOOR</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10022</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Class A Common Stock, $.01 par value per share</value>
            </securityTitle>
            <transactionDate>
                <value>2004-02-12</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>89000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>6.2500</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>439000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F1"/>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value></value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">This Form 4 is filed jointly by Jonathan Couchman, Couchman Capital LLC (&quot;Couchman LLC&quot;) and Couchman Partners, L.P. (&quot;Couchman LP&quot;). Mr. Couchman and Couchman LLC are deemed to be 10% owners of the Issuer and Couchman LP is a 10% owner of the Issuer. The securities reported in this Form 4 are owned directly by Couchman LP, and owned indirectly by Couchman LLC by virtue of it being the general partner of Couchman LP and by Mr. Couchman by virtue of his position as the sole member of the Management Board of Couchman LLC. Couchman LLC and Mr. Couchman disclaim beneficial ownership of the shares owned by Couchman LP except to the extent of their pecuniary interest therein.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>By: Couchman Partners, L.P., By: Couchman Capital LLC, its general partner, By: /s/ Jonathan Couchman, Member of Management Board</signatureName>
        <signatureDate>2004-02-12</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>By: Couchman Capital LLC, By: /s/ Jonathan Couchman, Member of Management Board</signatureName>
        <signatureDate>2004-02-12</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Couchman, Jonathan</signatureName>
        <signatureDate>2004-02-12</signatureDate>
    </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----