13F-HR 1 inftable.txt 09/30/2008 FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- 3M COMPANY COM 88579Y101 2729 39946.00 SH SOLE 38172.00 1774.00 ABBOTT LABS COM 002824100 94633 1643505.00SH SOLE 1461151.00 182354.00 ADOBE SYS INC COM COM 00724F101 217 5500.00 SH SOLE 5500.00 AES CORP COM COM 00130H105 299 25600.00 SH SOLE 22900.00 2700.00 AFFIRMATIVE INS HLDGS COM COM 008272106 77 24500.00 SH SOLE 2700.00 21800.00 AFLAC INC COM COM 001055102 258 4390.00 SH SOLE 4390.00 AIR PRODUCTS & CHEMICALS INC COM 009158106 337 4915.00 SH SOLE 4915.00 ALLERGAN INC COM COM 018490102 262 5092.00 SH SOLE 5092.00 ALLSTATE CORP COM COM 020002101 560 12140.00 SH SOLE 10662.00 1478.00 ALTRIA GROUP INC COM 02209S103 1290 65006.00 SH SOLE 62406.00 2600.00 AMERICA MOVIL S.A.B. DE C.V. A COM 02364W105 278 6000.00 SH SOLE 6000.00 AMERICAN EXPRESS CO COM 025816109 33178 936451.00SH SOLE 857827.00 78624.00 AMERICAN INTL GROUP COM 026874107 5000 1501482.19SH SOLE 1377403.19 124079.00 AMERICAN NATL INS CO COM 028591105 777 9000.00 SH SOLE 9000.00 AMGEN INC COM COM 031162100 708 11945.00 SH SOLE 8945.00 3000.00 ANADARKO PETE CORP COM 032511107 1859 38329.00 SH SOLE 37713.00 616.00 APACHE CORP COM 037411105 367 3516.00 SH SOLE 3516.00 AT&T CORP COM 00206r102 2655 95109.00 SH SOLE 90768.00 4341.00 AUTOM.DATA PROCESSING COM 053015103 784 18348.00 SH SOLE 16522.00 1826.00 AXIS CAP.HOLDGS.LTD. COM G0692U109 50625 1596513.00SH SOLE 1496372.00 100141.00 BAKER HUGHES INC COM COM 057224107 270 4463.00 SH SOLE 2463.00 2000.00 BANK NEW YORK MELLON CORP COM 064058100 2234 68580.00 SH SOLE 68580.00 BANK OF AMERICA CORP. COM 060505104 1173 33502.00 SH SOLE 28502.00 5000.00 BARRICK GOLD CORP COM 067901108 479 13031.00 SH SOLE 13031.00 BAXTER INTL INC COM 071813109 136397 2078274.00SH SOLE 1874230.00 204044.00 BECTON DICKINSON & CO COM 075887109 297 3700.00 SH SOLE 3700.00 BERKSHIRE HATHAW.CLA COM 084670108 2481 19.00 SH SOLE 7.00 12.00 BERKSHIRE HATHAW.CLB COM 084670207 151381 34444.00 SH SOLE 30709.00 3735.00 BOEING CO COM COM 097023105 550 9592.00 SH SOLE 7592.00 2000.00 BOSTON SCIENTIFIC CORP COM 101137107 23657 1928040.00SH SOLE 1760840.00 167200.00 BP P.L.C. COM 055622104 8187 163190.00SH SOLE 147646.00 15544.00 BREEZE-EASTERN CORP. COM 106764103 7365 701400.00SH SOLE 694800.00 6600.00 BRESLER & REINER INC COM COM 107336109 198 11300.00 SH SOLE 4100.00 7200.00 BRISTOL MYERS SQUIBB COM 110122108 1708 81940.00 SH SOLE 81540.00 400.00 BROOKFIELD ASSET MANAGEMENT-CL COM 112585104 69974 2550063.00SH SOLE 2308013.00 242050.00 BROOKFIELD INFRASTRUCTURE PA COM g16252101 833 52950.00 SH SOLE 48822.00 4128.00 BROWN FORMAN CL A COM 115637100 284 4000.00 SH SOLE 4000.00 BURLINGTON NO.SANTA FE COM 12189T104 2600 28125.00 SH SOLE 27953.00 172.00 CABOT CORP COM 127055101 33386 1050535.00SH SOLE 987849.00 62686.00 CANADIAN NATL RAILWAY COM 136375102 239 5000.00 SH SOLE 5000.00 CANADIAN NATURAL RESOURCES COM 136385101 397 5800.00 SH SOLE 5800.00 CANADIAN OIL SANDS TRUST (COS. COM 13642L100 16434 439078.00SH SOLE 409128.00 29950.00 CARDINAL HEALTH INC COM 14149Y108 20689 419817.00SH SOLE 372067.00 47750.00 CATERPILLAR INC COM 149123101 572 9595.00 SH SOLE 5398.00 4197.00 CELGENE CORP COM 151020104 414 6540.00 SH SOLE 6040.00 500.00 CENTERLINE HOLDING COMPANY COM 15188T108 20 10000.00 SH SOLE 3000.00 7000.00 CENTRAL SECS CORP COM 155123102 1171 52600.00 SH SOLE 51496.00 1104.00 CERES POWER HLDGS PLC COM G2091U102 9870 3371372.00SH SOLE 3102972.00 268400.00 CHESAPEAKE ENERGY CORP COM COM 165167107 351 9800.00 SH SOLE 9800.00 CHEVRON CORPORATION COM 166764100 10537 127755.00SH SOLE 118248.00 9507.00 CHUBB CORP COM COM 171232101 6277 114328.00SH SOLE 92148.00 22180.00 CISCO SYS INC COM 17275R102 1338 59315.00 SH SOLE 43815.00 15500.00 CIT GROUP COM 125581108 210 30166.00 SH SOLE 30166.00 CITIGROUP INC COM COM 172967101 914 44578.00 SH SOLE 44478.00 100.00 CITY HLDG CO COM COM 177835105 6623 156747.00SH SOLE 156747.00 CLOROX CO DEL COM COM 189054109 254 4050.00 SH SOLE 4050.00 COCA-COLA CO COM 191216100 7462 141118.00SH SOLE 122522.00 18596.00 COLGATE PALMOLIVE CO COM 194162103 463 6150.00 SH SOLE 6150.00 COMCAST CORP - SP. CL A COM 20030n200 661 33525.00 SH SOLE 33525.00 COMCAST CORP CL A COM 20030N101 795 40524.00 SH SOLE 32675.00 7849.00 COMMERCE BANCSHARES COM COM 200525103 870 18749.00 SH SOLE 16995.00 1754.00 CONOCOPHILLIPS COM 20825C104 77508 1058131.96SH SOLE 963910.96 94221.00 CONSOLIDATED EDISON COM 209115104 280 6529.00 SH SOLE 6529.00 COSTCO WHSL CORP NEW COM 22160K105 1435 22103.00 SH SOLE 18703.00 3400.00 COVIDIEN LTD COM COM G2552X108 1516 28191.00 SH SOLE 28016.00 175.00 CSF HLDGS.INC.(ESCROW) COM 0 31750.00 SH SOLE 30375.00 1375.00 CSX CORP COM 126408103 225 4120.00 SH SOLE 4120.00 CVS CAREMARK CORP COM 126650100 688 20449.00 SH SOLE 19901.00 548.00 DANAHER CORP DEL COM 235851102 552 7958.00 SH SOLE 7958.00 DEERE & CO COM COM 244199105 337 6800.00 SH SOLE 6800.00 DEUTSCHE BANK AG - ORD COM d18190898 234 3210.00 SH SOLE 2670.00 540.00 DEVON ENERGY CORP NEW COM COM 25179M103 838 9190.00 SH SOLE 4190.00 5000.00 DIME BANCP WARR exp1/59 COM 25429Q110 8 86839.00 SH SOLE 70685.00 16154.00 DISCOVER FINL SVCS COM COM 254709108 378 27382.00 SH SOLE 27382.00 DISCOVERY COMMUN NEW COM SER A COM 323 22665.50 SH SOLE 20354.50 2311.00 DISCOVERY COMMUN NEW COM SER C COM 25470f302 321 22665.50 SH SOLE 20354.50 2311.00 DISNEY WALT CO COM 254687106 696 22692.00 SH SOLE 22347.00 345.00 DOMINION RESOURCES COM 25746U109 1252 29273.00 SH SOLE 24308.00 4965.00 DOVER CORP COM 260003108 63366 1562657.00SH SOLE 1454892.00 107765.00 DST SYSTEMS INC COM 233326107 381 6800.00 SH SOLE 6800.00 DU PONT EI DE NEMOURS COM 263534109 1035 25679.00 SH SOLE 25151.00 528.00 DUKE ENERGY CORP COM 26441c105 10421 597893.00SH SOLE 548398.00 49495.00 EATON VANCE CORP - NON VTG COM 278265103 296 8400.00 SH SOLE 8400.00 EMERSON ELEC CO COM 291011104 17824 436969.00SH SOLE 411519.00 25450.00 ENCANA CORP COM 292505104 92656 1409650.00SH SOLE 1296578.00 113072.00 ENSTAR GROUP INC. GA COM g3075p101 99414 1021094.00SH SOLE 919744.00 101350.00 EXELON CORP COM 30161n101 307 4906.00 SH SOLE 4706.00 200.00 EXXON MOBIL CORP COM 30231G102 63357 815829.00SH SOLE 744495.00 71334.00 FASTENAL CO COM 311900104 358 7246.00 SH SOLE 3500.00 3746.00 FEDEX CORP COM 31428X106 19449 246070.00SH SOLE 208215.00 37855.00 FIRST OPPORTUNITY FUND INC COM 33587T108 413 54094.00 SH SOLE 50374.00 3720.00 FIRSTCITY FINANCIAL CORP COM 33761X107 195 36500.00 SH SOLE 3800.00 32700.00 FISERV INC COM 337738108 8746 184817.00SH SOLE 172117.00 12700.00 FLUOR CORP COM 343412102 328 5880.00 SH SOLE 5060.00 820.00 FPL GROUP INC COM 302571104 589 11704.00 SH SOLE 11704.00 GALLAGHER ARTHUR J COM 363576109 924 36000.00 SH SOLE 36000.00 GENENTECH INC- NEW COM 368710406 374 4223.00 SH SOLE 4223.00 GENERAL AMERICAN INVESTORS COM 368802104 362 13976.00 SH SOLE 13976.00 GENERAL ELEC CO COM 369604103 54785 2148437.00SH SOLE 1896488.00 251949.00 GENERAL MLS INC COM COM 370334104 275 4000.00 SH SOLE 4000.00 GENZYME COM 372917104 404 5000.00 SH SOLE 5000.00 GILEAD SCIENCES INC COM 375558103 278 6100.00 SH SOLE 5600.00 500.00 GLAXO SMITHKL.PLC ADR COM 37733W105 2474 56921.00 SH SOLE 48175.00 8746.00 GLOBALSTAR INC COM 378973408 1105 649958.00SH SOLE 611480.00 38478.00 GRACO INC COM COM 384109104 1339 37600.00 SH SOLE 37600.00 GRUPO TELEVISA SA - SPONS ADR COM 40049j206 9257 423290.00SH SOLE 385290.00 38000.00 GRUPO TMM SA-SP ADR A COM 40051d105 3986 4478650.00SH SOLE 4152650.00 326000.00 HARRIS INTERACTIVE INC COM 414549105 33 19000.00 SH SOLE 19000.00 HCC INS HLDGS INC COM 404132102 106094 3929417.00SH SOLE 3482363.00 447054.00 HEINZ H J CO COM COM 423074103 812 16253.00 SH SOLE 16253.00 HESS CORPORATION COM 42809h107 8850 107818.00SH SOLE 77918.00 29900.00 HEWLETT-PACKARD CO COM 428236103 2626 56788.00 SH SOLE 45788.00 11000.00 HOLOGIC INC COM 436440101 255 13200.00 SH SOLE 13200.00 HOME DEPOT INC COM COM 437076102 1797 69427.00 SH SOLE 36747.00 32680.00 HOMEFED CORP COM 43739d307 39939 918568.00SH SOLE 836772.00 81796.00 HONEYWELL INTL INC COM 438516106 463 11147.00 SH SOLE 11147.00 HSBC HLDGS PLC SPON ADR COM 404280406 46724 578055.00SH SOLE 523375.00 54680.00 HUBBELL INC B COM 443510201 9092 259389.00SH SOLE 222035.00 37354.00 HUBBELL INC CL A COM 443510102 2646 65587.00 SH SOLE 50744.00 14843.00 IDEXX LABS INC COM COM 45168D104 225 4100.00 SH SOLE 4100.00 IHS INC CL A COM 451734107 229 4800.00 SH SOLE 4800.00 ILLINOIS TOOL WKS INC COM 452308109 1642 36947.00 SH SOLE 20047.00 16900.00 IMPERIAL OIL LTD COM NEW COM 453038408 559 13121.00 SH SOLE 13121.00 INTEL CORP COM COM 458140100 1584 84545.00 SH SOLE 78945.00 5600.00 INTL. BUSINESS MACHINES COM 459200101 16608 141998.00SH SOLE 126998.00 15000.00 ION GEOPHYSICAL CORP COM COM 462044108 7169 505200.00SH SOLE 467350.00 37850.00 IRON MOUNTAIN INC COM 462846106 232 9500.00 SH SOLE 9500.00 ISHARES COMEX GOLD TRUST COM 464285105 453 5300.00 SH SOLE 3600.00 1700.00 ISHARES DJ SELECT DIVIDEND COM 464287168 213 4000.00 SH SOLE 4000.00 ISHARES MSCI JAPAN INDEX FUND COM 464286848 427 40100.00 SH SOLE 34200.00 5900.00 ISHARES MSCI TAIWAN INDEX FUND COM 464286731 174 16100.00 SH SOLE 9900.00 6200.00 JOHNSON & JOHNSON COM 478160104 105352 1520663.00SH SOLE 1351688.00 168975.00 JPMORGAN CHASE & CO. COM 46625H100 1558 33359.00 SH SOLE 32739.00 620.00 KELLOGG CO COM COM 487836108 315 5616.00 SH SOLE 5616.00 KIMBERLY CLARK CORP COM 494368103 8030 123849.00SH SOLE 111549.00 12300.00 KRAFT FOODS INC A COM 50075N104 929 28377.44 SH SOLE 28031.44 346.00 LAB.CP OF AMER HLDGS. COM 50540R409 68108 979971.00SH SOLE 916261.00 63710.00 LEUCADIA NATL CORP COM 527288104 328037 7219135.00SH SOLE 6430088.00 789047.00 LEVEL 3 COMMUNICATIONS COM COM 52729N100 31277 11584162.00SH SOLE 10366262.00 1217900.00 LIBERTY GLOBAL INC-SERIES C COM 530555309 834 29706.00 SH SOLE 26154.00 3552.00 LIBERTY GLOBAL,INC SER A COM 530555101 798 26336.00 SH SOLE 25145.00 1191.00 LIBERTY MEDIA CORP NEW ENT COM COM 53071M500 6900 276348.00SH SOLE 245760.00 30588.00 LIBERTY MEDIA CORP NEW ENT COM COM 53071M609 382 15412.00 SH SOLE 3832.00 11580.00 LIBERTY MEDIA HOLD-CAP SER A COM 53071m302 755 56397.00 SH SOLE 49360.00 7037.00 LIBERTY MEDIA-INTERACTIVE A COM 53071m104 3818 295772.00SH SOLE 259323.00 36449.00 LIBERTY MEDIA-INTERACTIVE B COM 53071m203 246 19274.00 SH SOLE 4790.00 14484.00 LILLY ELI & CO COM COM 532457108 884 20073.00 SH SOLE 16073.00 4000.00 LINEAR TECHNOLOGY CORP COM COM 535678106 1141 37230.00 SH SOLE 37230.00 LL & E RTY TR UNIT BEN INT COM 502003106 17 10000.00 SH SOLE 10000.00 LOCKHEED MARTIN CORP. COM 539830109 526 4800.00 SH SOLE 4800.00 LOEWS CORP. COM 540424108 308 7796.00 SH SOLE 7796.00 M & T BK CORP COM 55261F104 19343 216730.00SH SOLE 202130.00 14600.00 MARSH & MCLENNAN COS COM 571748102 861 27112.00 SH SOLE 26812.00 300.00 MCDONALDS CORP COM COM 580135101 545 8828.00 SH SOLE 8828.00 MCGRAW HILL COS INC COM 580645109 349 11035.00 SH SOLE 11035.00 MEDCO HEALTH SOLUTIONS INC COM 58405u102 213 4734.00 SH SOLE 4146.00 588.00 MEDTRONIC INC COM 585055106 1435 28641.00 SH SOLE 28641.00 MERCK & CO INC COM 589331107 42034 1331879.00SH SOLE 1163217.00 168662.00 METABOLIX, INC COM 591018809 10185 936150.00SH SOLE 882985.00 53165.00 METTLER TOLEDO INT'L COM 592688105 1265 12907.00 SH SOLE 4400.00 8507.00 MICROSOFT CORP COM 594918104 1028 38512.00 SH SOLE 38447.00 65.00 MIRANT CORP COM COM 60467r100 21838 1193996.00SH SOLE 1116146.00 77850.00 MMC ENERGY INC COM NEW COM 55312Q208 26 17000.00 SH SOLE 17000.00 MOHAWK INDS INC COM COM 608190104 222 3298.00 SH SOLE 3298.00 MOLEX INC COM 608554101 4532 201853.00SH SOLE 162215.00 39638.00 MOLEX INC CL A N/V COM 608554200 52034 2500429.00SH SOLE 2285283.00 215146.00 MPHASE TECHNOLOGIES INC COM 62472C102 1 14000.00 SH SOLE 14000.00 MVC CAPITAL INC COM COM 553829102 197 12900.00 SH SOLE 2400.00 10500.00 NALCO HOLDING CO. COM 62985q101 65395 3527214.00SH SOLE 3270464.00 256750.00 NATIONAL CITY CORP COM 635405103 19 10894.00 SH SOLE 10694.00 200.00 NESTLE S A SPONS.ADR COM 641069406 570 13250.00 SH SOLE 13250.00 NEWBRIDGE BANCORP COM COM 65080t102 533 118112.59SH SOLE 109853.59 8259.00 NOBLE CORP COM G65422100 31386 714933.00SH SOLE 643433.00 71500.00 NOBLE ENERGY INC COM 655044105 222 4000.00 SH SOLE 4000.00 NORTHERN TR CORP COM COM 665859104 420 5820.00 SH SOLE 5720.00 100.00 NOVARTIS A G SPONSORED ADR COM 66987V109 1015 19200.00 SH SOLE 19200.00 NOVO-NORDISK A S ADR COM 670100205 292 5697.00 SH SOLE 5697.00 OCCIDENTAL PETR.CP COM 674599105 641 9100.00 SH SOLE 2400.00 6700.00 OMEGA HEALTHCARE INVESTORS COM 681936100 230 11721.00 SH SOLE 11721.00 ONEX COPR SUB VTG (ONEXF) COM 68272k103 335 12200.00 SH SOLE 1200.00 11000.00 PARKVALE FINL CORP COM 701492100 3251 203185.00SH SOLE 185385.00 17800.00 PENN VIRGINIA RESOURCE PARTN COM 707884102 165 10000.00 SH SOLE 10000.00 PEPSICO INC COM COM 713448108 6463 90687.00 SH SOLE 84377.00 6310.00 PFIZER INC COM 717081103 3972 215415.00SH SOLE 196295.00 19120.00 PHILIP MORRIS INTL INC COM COM 718172109 3184 66186.00 SH SOLE 57886.00 8300.00 PICO HOLDINGS INC COM 693366205 28319 788620.00SH SOLE 693745.00 94875.00 PITNEY BOWES INC COM COM 724479100 301 9038.00 SH SOLE 9038.00 PLUM CREEK TIMBER COM 729251108 576 11548.00 SH SOLE 9398.00 2150.00 PRAXAIR INC COM COM 74005P104 4616 64348.00 SH SOLE 64348.00 PROCTER & GAMBLE COM 742718109 10596 152040.00SH SOLE 129746.00 22294.00 PROGRESSIVE CORP OHIO COM 743315103 858 49296.00 SH SOLE 35112.00 14184.00 PRUDENTIAL FINANCIAL COM 744320102 397 5512.00 SH SOLE 5512.00 PUBLIC SERVICE ENTERPRISE GR COM 744573106 563 17166.00 SH SOLE 17166.00 QUALCOMM INC COM COM 747525103 42207 982252.30SH SOLE 851287.30 130965.00 QUEST DIAGNOSTICS INC COM 74834L100 220 4250.00 SH SOLE 4250.00 QUESTAR CORP COM 748356102 318 7764.00 SH SOLE 7764.00 RANGE RESOURCES CORP COM 75281a109 231 5400.00 SH SOLE 5400.00 RAYTHEON COMPANY COM 755111507 259 4834.00 SH SOLE 4834.00 REALNETWORKS INC COM COM 75605L104 73 14400.00 SH SOLE 14400.00 REGIONS FINANCIAL CORP COM 7591ep100 317 32996.00 SH SOLE 32996.00 RHJ INTERNATIONAL (RHJI.BB) COM B70883101 22998 2550287.00SH SOLE 2339487.00 210800.00 ROCKWELL AUTOMATION COM 773903109 224 6000.00 SH SOLE 6000.00 ROPER INDS INC NEW COM 776696106 138608 2433423.00SH SOLE 2153864.00 279559.00 ROYAL DUTCH SHELL PLC SPON ADR COM 780259206 13995 237166.00SH SOLE 217391.00 19775.00 SAN JUAN BASIN RTUBI COM 798241105 1819 47819.00 SH SOLE 39699.00 8120.00 SCHERING PLOUGH CORP COM COM 806605101 347 18800.00 SH SOLE 18800.00 SCHLUMBERGER LTD COM 806857108 10860 139074.00SH SOLE 124594.00 14480.00 SCHWAB (CHARLES) CORP -directe COM 808513105 208 8000.00 SH SOLE 8000.00 SHAW COMMUNICATIONS COM 82028K200 215 10000.00 SH SOLE 10000.00 SHINSEI BANK LTD COM J7385L103 14254 4850140.00SH SOLE 4688360.00 161780.00 SMITH INTL INC COM 832110100 276 4700.00 SH SOLE 4700.00 SOUTHERN CO COM COM 842587107 286 7580.00 SH SOLE 6680.00 900.00 SOUTHERN NATIONAL BANCORP OF V COM 843395104 2386 289200.00SH SOLE 215390.00 73810.00 SPDR GOLD TRUST COM 78463V107 418 4910.00 SH SOLE 4910.00 SPECTRA ENERGY CORP. COM 847560109 7298 306657.31SH SOLE 267461.31 39196.00 SRITHAI SUPERWARE PUB C-NVDR COM y8136v138 0 32000.00 SH SOLE 32000.00 ST JUDE MEDICAL INC COM 790849103 357 8200.00 SH SOLE 8200.00 STAPLES INC COM 855030102 509 22600.00 SH SOLE 22600.00 STATE STR CORP COM COM 857477103 228 4000.00 SH SOLE 4000.00 STIFEL FINANCIAL CORP COM 860630102 490 9819.00 SH SOLE 9819.00 SUNCOR INC COM 867229106 584 13859.00 SH SOLE 13859.00 SUNOCO LOGISTICS PARTNERS LP U COM 86764L108 443 10000.00 SH SOLE 10000.00 SURMODICS INC COM 868873100 277 8810.00 SH SOLE 1410.00 7400.00 SYSCO CORP COM COM 871829107 20392 661440.91SH SOLE 612965.91 48475.00 SYSTEMAX INC COM 871851101 185 13150.00 SH SOLE 1000.00 12150.00 TARGET CORP COM COM 87612E106 407 8295.00 SH SOLE 8295.00 TECO ENERGY INC COM 872375100 315 20000.00 SH SOLE 20000.00 TIME WARNER INC COM COM 887317105 304 23196.00 SH SOLE 19086.00 4110.00 TORCHMARK CORP COM COM 891027104 1226 20500.00 SH SOLE 20500.00 TORONTO-DOMINION BK COM 891160509 1763 28912.00 SH SOLE 24580.00 4332.00 TRANSOCEAN SEDCO FOREX ORD COM g90073100 395 3593.00 SH SOLE 3593.00 TYCO ELECTRONICS LTD COM NEW COM G9144P105 251 9066.00 SH SOLE 8891.00 175.00 TYCO INTL LTD COM G9143X208 313 8930.00 SH SOLE 8755.00 175.00 UBS AG - Reg COM H89231338 217 12358.00 SH SOLE 12358.00 UNION PAC CORP COM 907818108 28588 401743.00SH SOLE 365503.00 36240.00 UNITED HEALTH GROUP COM 91324P102 205 8082.00 SH SOLE 8000.00 82.00 UNITED TECHNOLOGIES CP COM 913017109 2132 35505.00 SH SOLE 26905.00 8600.00 US BANCORP DEL COM COM 902973304 738 20493.00 SH SOLE 20493.00 VERIZON COMM. COM 92343V104 21705 676394.12SH SOLE 617558.12 58836.00 VODAFONE GR.PLC ADR COM 92857W209 1212 54863.00 SH SOLE 54208.00 655.00 VULCAN MATLS CO COM COM 929160109 517 6937.00 SH SOLE 6416.00 521.00 WABTEC CORPORATION COM 929740108 21959 428634.00SH SOLE 361609.00 67025.00 WADDELL & REED FINL CL A COM 930059100 243 9818.00 SH SOLE 9818.00 WAL MART STORES INC COM 931142103 19207 320711.35SH SOLE 286924.35 33787.00 WALGREEN CO COM COM 931422109 1273 41130.00 SH SOLE 41130.00 WATERS CORP COM COM 941848103 64529 1109122.00SH SOLE 1018812.00 90310.00 WEATHERFORD INTL LTD COM COM g95089101 300 11930.00 SH SOLE 11930.00 WELLS FARGO & CO NEW COM 949746101 5881 156710.00SH SOLE 155274.00 1436.00 WESTERN UNION CO COM 959802109 306 12392.00 SH SOLE 12392.00 WILEY JOHN & SONS CLA COM 968223206 4098 101316.00SH SOLE 101124.00 192.00 WILLIAMS COS INC DEL COM 969457100 25468 1076875.00SH SOLE 930575.00 146300.00 WRIGLEY WM JR CO COM COM 982526105 286 3602.00 SH SOLE 3602.00 WYETH COM 983024100 1167 31582.00 SH SOLE 29582.00 2000.00 XTO ENERGY INC COM 98385x106 489 10506.00 SH SOLE 7131.00 3375.00 ZIMMER HOLDINGS INC. COM 98956P102 948 14682.00 SH SOLE 10682.00 4000.00 CONSOLIDATED EDISON NY PFD SER PFD 209111301 367 4500 SH SOLE 4500 VAN KAMPEN INV GRAD NY PFD AUC PFD 920931201 600 24 SH SOLE 24 EATON VANCE LTD DURATION FND 27828h105 121 11000.00 SH SOLE 11000.00 FRANKLIN MUTUAL QUALIFIED-Z 628380206 888 47272.33 SH SOLE 35311.82 11960.51 FRANKLIN MUTUAL SHARES FD-Z 628380107 283 14141.25 SH SOLE 14141.25 GOLDMAN SACHS CORE FIXED INCOM 38142B419 242 27241.96 SH SOLE 27241.96 JPMORGAN TR I 100%UST MM PRM 4812a2819 99 75074.68 SH SOLE 75074.68 PRIMECAP ODYSSEY FUNDS GROWTH 74160Q103 270 22447.65 SH SOLE 22447.65 VANGUARD INTM TERM INV G-ADM 922031810 414 47021.35 SH SOLE 47021.35 MORGAN STANLEY CONV 617446gr4 23 25000 PRN SOLE 25000