<SEC-DOCUMENT>0001225208-12-001071.txt : 20120109
<SEC-HEADER>0001225208-12-001071.hdr.sgml : 20120109
<ACCEPTANCE-DATETIME>20120109102648
ACCESSION NUMBER:		0001225208-12-001071
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20120106
FILED AS OF DATE:		20120109
DATE AS OF CHANGE:		20120109

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			MCGRAW HAROLD III
		CENTRAL INDEX KEY:			0001191761

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-01023
		FILM NUMBER:		12516295

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MCGRAW-HILL COMPANIES INC
		CENTRAL INDEX KEY:			0000064040
		STANDARD INDUSTRIAL CLASSIFICATION:	BOOKS: PUBLISHING OR PUBLISHING AND PRINTING [2731]
		IRS NUMBER:				131026995
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		1221 AVENUE OF THE AMERICAS
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10020
		BUSINESS PHONE:		2125122000

	MAIL ADDRESS:	
		STREET 1:		1221 AVENUE OF THE AMERICAS
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10020

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MCGRAW HILL INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MCGRAW PUBLISHING CO
		DATE OF NAME CHANGE:	19670327

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HILL PUBLISHING CO
		DATE OF NAME CHANGE:	19670327
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>doc4.xml
<TEXT>
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        <issuerName>MCGRAW-HILL COMPANIES INC</issuerName>
        <issuerTradingSymbol>MHP</issuerTradingSymbol>
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            <rptOwnerName>MCGRAW HAROLD III</rptOwnerName>
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            <rptOwnerStreet1>1221 AVENUE OF THE AMERICAS</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
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            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10020-1095</rptOwnerZipCode>
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            <isOfficer>1</isOfficer>
            <officerTitle>Chairman, President and CEO</officerTitle>
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                <value>Common Stock</value>
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            <transactionDate>
                <value>2012-01-06</value>
            </transactionDate>
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                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>582.1138</value>
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                <transactionPricePerShare>
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                <directOrIndirectOwnership>
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                <directOrIndirectOwnership>
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                    <value>By Trust for Daughter</value>
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        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
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        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable>
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                <value>2012-03-31</value>
            </expirationDate>
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                <underlyingSecurityTitle>
                    <value>Common Stock</value>
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                <underlyingSecurityShares>
                    <value>277637.0000</value>
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            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>277637.0000</value>
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                <directOrIndirectOwnership>
                    <value>D</value>
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        <derivativeHolding>
            <securityTitle>
                <value>Options (Right to Buy)</value>
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            <conversionOrExercisePrice>
                <value>56.4300</value>
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            <exerciseDate>
                <value>2006-03-23</value>
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            <expirationDate>
                <value>2014-03-31</value>
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                <underlyingSecurityTitle>
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                <value>39.1900</value>
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                <value>2012-04-01</value>
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                <value>2021-03-31</value>
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            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
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                <directOrIndirectOwnership>
                    <value>D</value>
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            <securityTitle>
                <value>Options (Right to Buy)</value>
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                <value>62.3400</value>
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                <value>2008-04-02</value>
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                <value>2017-04-01</value>
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                <underlyingSecurityTitle>
                    <value>Common Stock</value>
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                    <value>191670.0000</value>
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                <directOrIndirectOwnership>
                    <value>D</value>
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        <derivativeHolding>
            <securityTitle>
                <value>Options (Right to Buy)</value>
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                <value>57.8100</value>
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                <value>2007-04-03</value>
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            <expirationDate>
                <value>2016-04-02</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>196058.0000</value>
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                <sharesOwnedFollowingTransaction>
                    <value>196058.0000</value>
                </sharesOwnedFollowingTransaction>
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                <directOrIndirectOwnership>
                    <value>D</value>
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    </derivativeTable>

    <footnotes>
        <footnote id="F1">Includes shares acquired under The McGraw-Hill Companies Dividend Reinvestment Plan.</footnote>
        <footnote id="F2">Withholding of shares of Common Stock under the McGraw-Hill Companies' 2002 Stock Incentive Plan to satisfy withholding obligation in transaction exempt under and complying with Rule 16b-3.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Harold  McGraw III</signatureName>
        <signatureDate>2012-01-09</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
