13F-HR 1 inftable.txt 03-31-2011 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 3447 36865.00 SH SOLE 31746.00 5119.00 ABBOTT LABS COM 002824100 81981 1671385.22SH SOLE 1507383.00 164002.22 74 1500.00 SH OTHER Client 1400.00 100.00 AES CORP COM COM 00130H105 382 29420.00 SH SOLE 23600.00 5820.00 AFFIRMATIVE INS HLDGS COM COM 008272106 40 15800.00 SH SOLE 15800.00 AFLAC INC COM COM 001055102 509 9650.00 SH SOLE 7600.00 2050.00 AIR PRODUCTS & CHEMICALS INC COM 009158106 246 2725.00 SH SOLE 2725.00 ALCOA INC COM COM 013817101 177 10000.00 SH SOLE 10000.00 ALLERGAN INC COM COM 018490102 255 3592.00 SH SOLE 3592.00 ALTERRA CAPITAL HOLDINGS COM g0229r108 9075 407680.00SH SOLE 239724.00 167956.00 ALTRIA GROUP INC COM 02209S103 2224 85426.00 SH SOLE 84726.00 700.00 AMERICA MOVIL S.A.B. DE C.V. A COM 02364W105 354 6100.00 SH SOLE 6100.00 AMERICAN EXPRESS CO COM 025816109 16706 369606.34SH SOLE 357762.34 11844.00 AMERICAN NATL INS CO COM 028591105 713 9000.00 SH SOLE 9000.00 AMGEN INC COM COM 031162100 1180 22084.00 SH SOLE 18834.00 3250.00 ANADARKO PETE CORP COM 032511107 964 11763.00 SH SOLE 9575.00 2188.00 ANHEUSER BUSCH INBEV SPONSORED COM 03524a108 43967 769060.00SH SOLE 697425.00 71635.00 APACHE CORP COM 037411105 349 2666.00 SH SOLE 2666.00 APPLE INC COM 037833100 5323 15274.00 SH SOLE 14224.00 1050.00 AT&T CORP COM 00206r102 2290 74812.00 SH SOLE 66584.00 8228.00 AUTOM.DATA PROCESSING COM 053015103 726 14156.00 SH SOLE 12330.00 1826.00 AUTOZONE INC COM 053332102 1231 4500.00 SH SOLE 4500.00 AXIS CAP.HOLDGS.LTD. COM G0692U109 81312 2328530.38SH SOLE 2118678.00 209852.38 BAIDU INC SPON ADR REP A COM 056752108 2004 14540.00 SH SOLE 6620.00 7920.00 BAKER HUGHES INC COM COM 057224107 273 3713.00 SH SOLE 2600.00 1113.00 BANK NEW YORK MELLON CORP COM 064058100 2777 92974.00 SH SOLE 92974.00 192 6435.00 SH OTHER Client 6435.00 BANK OF AMERICA CORP. COM 060505104 204 15305.00 SH SOLE 14495.00 810.00 BARRICK GOLD CORP COM 067901108 228 4400.00 SH SOLE 4400.00 BAVARIA INDUSTRIEKAPIT SHS COM d07001106 205 8950.00 SH SOLE 8950.00 BAXTER INTL INC COM 071813109 105743 1966574.15SH SOLE 1784708.00 181866.15 70 1300.00 SH OTHER Client 1300.00 BB&T CORP COM COM 054937107 205 7453.98 SH SOLE 7453.98 BERKSHIRE HATHAW.CLA COM 084670108 9272 74.00 SH SOLE 71.00 3.00 BERKSHIRE HATHAW.CLB COM 084670702 35940 429747.83SH SOLE 390295.00 39452.83 BOEING CO COM COM 097023105 506 6843.00 SH SOLE 6843.00 BOSTON SCIENTIFIC CORP COM 101137107 247 34400.00 SH SOLE 32500.00 1900.00 BOSWELL J G CO COM 101205102 617 752.00 SH SOLE 515.00 237.00 BP P.L.C. COM 055622104 293 6638.00 SH SOLE 6638.00 BRISTOL MYERS SQUIBB COM 110122108 3356 126967.00SH SOLE 110526.00 16441.00 149 5625.00 SH OTHER Client 3450.00 2175.00 BROADWIND ENERGY INC COM COM 11161t108 50 38203.00 SH SOLE 38203.00 BROOKFIELD ASSET MANAGEMENT-CL COM 112585104 69871 2152533.56SH SOLE 1944652.00 207881.56 209 6450.00 SH OTHER Client 4925.00 1525.00 BROOKFIELD INFRASTRUCTURE PA COM g16252101 939 42251.00 SH SOLE 34133.00 8118.00 BYD CO LTD SHS H COM y1023r104 44 11400.00 SH SOLE 11400.00 CABOT CORP COM 127055101 251 5425.00 SH SOLE 4325.00 1100.00 CAMERON INTERNATIONAL CORP COM 13342b105 248 4350.00 SH SOLE 750.00 3600.00 17 300.00 SH OTHER Client 300.00 CANADIAN NATL RAILWAY COM 136375102 1274 16930.00 SH SOLE 11030.00 5900.00 CANADIAN NATURAL RESOURCES COM 136385101 257 5200.00 SH SOLE 5200.00 CANADIAN OIL SANDS TRUST (COS. COM 13643e105 10907 324313.00SH SOLE 313863.00 10450.00 CANADIAN PAC LTD NEW COM COM 13645T100 592 9205.00 SH SOLE 1218.00 7987.00 CATERPILLAR INC COM 149123101 852 7650.00 SH SOLE 150.00 7500.00 CELGENE CORP COM 151020104 326 5663.00 SH SOLE 5663.00 CENOVUS ENERGY INC COM COM 15135U109 33726 856431.00SH SOLE 811191.00 45240.00 CENTERLINE HOLDING COMPANY COM 15188T108 2 11300.00 SH SOLE 11300.00 CENTRAL SECS CORP COM 155123102 1141 48700.00 SH SOLE 47596.00 1104.00 CHEVRON CORPORATION COM 166764100 18870 175550.00SH SOLE 150185.00 25365.00 567 5276.00 SH OTHER Client 4136.00 1140.00 CHUBB CORP COM COM 171232101 6387 104171.00SH SOLE 93407.00 10764.00 CISCO SYS INC COM 17275R102 4554 265556.00SH SOLE 260956.00 4600.00 38 2238.00 SH OTHER Client 2238.00 CITY HLDG CO COM COM 177835105 4588 129761.00SH SOLE 129761.00 COACH INC COM 189754104 223 4294.00 SH SOLE 3694.00 600.00 COCA-COLA CO COM 191216100 9198 138653.00SH SOLE 133244.00 5409.00 COCA-COLA FEMSA ADR+ COM 191241108 1794 23300.00 SH SOLE 23300.00 COLGATE PALMOLIVE CO COM 194162103 3075 38080.00 SH SOLE 33680.00 4400.00 COMCAST CORP - SP. CL A COM 20030N200 569 24525.00 SH SOLE 22975.00 1550.00 COMCAST CORP CL A COM 20030N101 309 12517.00 SH SOLE 12517.00 COMMERCE BANCSHARES COM COM 200525103 877 21692.00 SH SOLE 21692.00 CONAGRA INC COM COM 205887102 299 12600.00 SH SOLE 12600.00 CONOCOPHILLIPS COM 20825C104 90998 1139469.11SH SOLE 1028109.00 111360.11 CONSOLIDATED EDISON COM 209115104 1156 22800.00 SH SOLE 17200.00 5600.00 88 1740.00 SH OTHER Client 1740.00 CONTINUCARE CORP COM COM 212172100 134 25000.00 SH SOLE 25000.00 COSTCO WHSL CORP NEW COM 22160K105 1882 25670.00 SH SOLE 25670.00 COVIDIEN PLC COM g2554f113 390 7513.00 SH SOLE 5213.00 2300.00 CSF HLDGS.INC. (ESCROW - LITIG COM 0 29375.00 SH SOLE 29000.00 375.00 CVS CAREMARK CORP COM 126650100 1637 47684.00 SH SOLE 44784.00 2900.00 DANAHER CORP DEL COM 235851102 1470 28318.00 SH SOLE 24318.00 4000.00 DEERE & CO COM COM 244199105 593 6125.00 SH SOLE 6125.00 DEVON ENERGY CORP NEW COM COM 25179M103 516 5625.00 SH SOLE 5625.00 DIGITCOM INTERACTIVE COM COM 25387S108 0 10000.00 SH SOLE 10000.00 DIRECTV CLASS A COMMON COM 25490a101 3163 67594.00 SH SOLE 45901.00 21693.00 DISCOVER FINL SVCS COM COM 254709108 711 29482.00 SH SOLE 29482.00 DISCOVERY COMMUN NEW COM SER C COM 25470f302 301 8559.00 SH SOLE 6010.00 2549.00 DISCOVERY COMMUNICATIONS NEW C COM 25470F104 344 8628.00 SH SOLE 7010.00 1618.00 DISNEY WALT CO COM 254687106 1565 36309.00 SH SOLE 17109.00 19200.00 DOMINION RESOURCES COM 25746U109 1129 25265.00 SH SOLE 24265.00 1000.00 DONALDSON CO INC COM 257651109 245 4000.00 SH SOLE 4000.00 DOT HILL SYS CORP COM COM 25848t109 169 59800.00 SH SOLE 59800.00 DOVER CORP COM 260003108 77480 1178584.95SH SOLE 1116706.00 61878.95 DU PONT EI DE NEMOURS COM 263534109 1074 19547.00 SH SOLE 19390.00 157.00 DUKE ENERGY CORP COM 26441c105 10885 599738.00SH SOLE 573088.00 26650.00 EATON VANCE CORP - NON VTG COM 278265103 303 9400.00 SH SOLE 9400.00 EATON VANCE NY MUNI SH BEN INT COM 27826W104 205 16700.00 SH SOLE 16700.00 EDWARDS LIFESCIENCES COR COM 28176E108 219 2520.00 SH SOLE 2520.00 EEUROGAS CORP COM 298909201 23 26200.00 SH SOLE 26200.00 EMERSON ELEC CO COM 291011104 16615 284360.00SH SOLE 264830.00 19530.00 18 300.00 SH OTHER Client 300.00 ENCANA CORP COM 292505104 85967 2489624.45SH SOLE 2260536.00 229088.45 262 7600.00 SH OTHER Client 5600.00 2000.00 ENSTAR GROUP LTD COM G3075P101 116851 1169912.00SH SOLE 1074253.00 95659.00 ENTERPRISE PRODS PARTNERS LP COM 293792107 516 11979.00 SH SOLE 3579.00 8400.00 EXELON CORP COM 30161n101 298 7224.00 SH SOLE 6924.00 300.00 EXXON MOBIL CORP COM 30231G102 60740 721983.00SH SOLE 677194.00 44789.00 FAIRFAX FINANCIAL HLDGS LTD COM 303901102 1109 2935.00 SH SOLE 2935.00 FASTENAL CO COM 311900104 227 3500.00 SH SOLE 3500.00 FEDEX CORP COM 31428X106 17281 184730.00SH SOLE 152040.00 32690.00 FIDELITY NATIONAL INFORMATION COM 31620m106 304 9285.00 SH SOLE 9285.00 FIRST OPPORTUNITY FUND INC COM 33587T108 142 19527.00 SH SOLE 19527.00 FIRSTCITY FINANCIAL CORP COM 33761X107 255 39500.00 SH SOLE 36000.00 3500.00 FISERV INC COM 337738108 4708 75066.00 SH SOLE 73366.00 1700.00 FLUOR CORP COM 343412102 68804 934082.12SH SOLE 851392.00 82690.12 FOMENTO ECONOMICO MEXICANO ADR COM 344419106 1567 26700.00 SH SOLE 26700.00 FRANKLIN RES INC COM COM 354613101 901 7200.00 SH SOLE 7200.00 FREEPORT-MCMORAN COPPER&GOLD-B COM 35671d857 299 5380.00 SH SOLE 3480.00 1900.00 FRESENIUS MED CARE ADR COM 358029106 1333 19739.00 SH SOLE 19739.00 FRONTIER COMMUNICATION COM COM 35906a108 882 107358.00SH SOLE 102212.00 5146.00 2 288.00 SH OTHER Client 288.00 FUSION TELECOMM INTL COM COM 36113B301 2 20000.00 SH SOLE 20000.00 GALLAGHER ARTHUR J COM 363576109 1095 36000.00 SH SOLE 36000.00 GENERAL ELEC CO COM 369604103 6420 320205.00SH SOLE 274530.00 45675.00 6 310.00 SH OTHER Client 310.00 GENERAL MLS INC COM COM 370334104 292 8000.00 SH SOLE 8000.00 GENZYME COM 372917104 18749 246200.00SH SOLE 233250.00 12950.00 GILEAD SCIENCES INC COM 375558103 245 5759.00 SH SOLE 5759.00 GLAXO SMITHKL.PLC ADR COM 37733W105 890 23172.00 SH SOLE 18993.00 4179.00 GLOBALSTAR INC COM 378973408 12077 9509766.00SH SOLE 8856766.00 653000.00 GOLDMAN SACHS GROUP COM 38141G104 278 1750.00 SH SOLE 1500.00 250.00 GOOGLE INC - CL A COM 38259p508 399 680.00 SH SOLE 678.00 2.00 GREEN EARTH TECHS INC COM COM 39303R102 16 40000.00 SH SOLE 40000.00 GRUPO TELEVISA SA - SPONS ADR COM 40049j206 9761 397925.00SH SOLE 391125.00 6800.00 GRUPO TMM SA-SP ADR A COM 40051D303 1490 631540.00SH SOLE 613940.00 17600.00 HARRIS CORP COM 413875105 360 7258.00 SH SOLE 7258.00 HARRIS INTERACTIVE INC COM 414549105 19 19000.00 SH SOLE 19000.00 HCC INS HLDGS INC COM 404132102 49758 1589213.00SH SOLE 1476820.00 112393.00 HEINZ H J CO COM COM 423074103 814 16664.00 SH SOLE 16664.00 HENDERSON LAND DEVELOPMENT CO. COM Y31476107 210 30600.00 SH SOLE 2600.00 28000.00 HESS CORPORATION COM 42809h107 6033 70806.00 SH SOLE 60106.00 10700.00 HEWLETT-PACKARD CO COM 428236103 1624 39650.00 SH SOLE 39650.00 HOLOGIC INC COM 436440101 293 13200.00 SH SOLE 13200.00 HOME DEPOT INC COM COM 437076102 4080 110095.00SH SOLE 100604.00 9491.00 26 700.00 SH OTHER Client 700.00 HOMEFED CORP COM 43739d307 30093 1114549.00SH SOLE 1021989.00 92560.00 14 500.00 SH OTHER Client 500.00 HONEYWELL INTL INC COM 438516106 642 10758.00 SH SOLE 9758.00 1000.00 HSBC HLDGS PLC SPON ADR COM 404280406 30341 585732.00SH SOLE 536669.00 49063.00 HUBBELL INC B COM 443510201 11500 161903.00SH SOLE 148506.00 13397.00 HUBBELL INC CL A COM 443510102 2462 36614.00 SH SOLE 32904.00 3710.00 HUGOTON ROYALTY TRUST SHS BEN COM 444717102 2080 87476.00 SH SOLE 74926.00 12550.00 10 400.00 SH OTHER Client 400.00 HUNTINGDON RL EST INVT TR UNIT COM 446027112 1391 207554.00SH SOLE 110430.00 97124.00 34 5132.00 SH OTHER Client 1021.00 4111.00 ICICI BK LTD ADR COM 45104g104 1340 26900.00 SH SOLE 26900.00 ILLINOIS TOOL WKS INC COM 452308109 1186 22077.00 SH SOLE 22077.00 IMPERIAL OIL LTD COM NEW COM 453038408 279 5465.00 SH SOLE 5465.00 INTEL CORP COM COM 458140100 1298 64303.00 SH SOLE 60853.00 3450.00 INTL. BUSINESS MACHINES COM 459200101 60143 368815.00SH SOLE 312513.00 56302.00 351 2150.00 SH OTHER Client 1250.00 900.00 IRON MOUNTAIN INC COM 462846106 462 14787.00 SH SOLE 13162.00 1625.00 ISHARES GOLD TRUST COM 464285105 3152 224840.00SH SOLE 215890.00 8950.00 ISHARES SILVER TRUST ISHARES COM 46428Q109 512 13930.00 SH SOLE 3030.00 10900.00 ISHARES TR MSCI ACJPN IDX COM 464288182 216 3430.00 SH SOLE 2330.00 1100.00 ISHARES TR RUSSELL 1000 COM 464287622 287 3891.00 SH SOLE 3891.00 ISHARES TR S&P MIDCP VALU COM 464287705 639 7415.00 SH SOLE 6565.00 850.00 ISHARES TR TRANSP AVE IDX COM 464287192 336 3500.00 SH SOLE 1300.00 2200.00 ISIS PHARMACEUTICALS COM COM 464330109 136 15000.00 SH SOLE 15000.00 JARDINE MATHESON HLDGS LTD. COM 6472119 1888 42400.00 SH SOLE 42400.00 JOHNSON & JOHNSON COM 478160104 76593 1292703.85SH SOLE 1163927.00 128776.85 160 2700.00 SH OTHER Client 2200.00 500.00 JPMORGAN CHASE & CO. COM 46625H100 1867 40499.20 SH SOLE 37352.20 3147.00 KELLOGG CO COM COM 487836108 217 4016.00 SH SOLE 4016.00 KIMBERLY CLARK CORP COM 494368103 8891 136220.00SH SOLE 124355.00 11865.00 KINDER MORGAN ENERGY PART. COM 494550106 230 3100.00 SH SOLE 3100.00 KRAFT FOODS INC A COM 50075N104 582 18570.00 SH SOLE 18570.00 L-3 COMMUNICATIONS HOLDINGS COM 502424104 416 5318.00 SH SOLE 1300.00 4018.00 LAB.CP OF AMER HLDGS. COM 50540R409 73289 795494.54SH SOLE 739200.00 56294.54 LEUCADIA NATL CORP COM 527288104 234475 6245994.24SH SOLE 5740840.29 505153.95 LEVEL 3 COMMUNICATIONS COM COM 52729N100 16628 11311844.23SH SOLE 10411475.00 900369.23 LIBERTY GLOBAL INC-SERIES C COM 530555309 422 10542.00 SH SOLE 7439.00 3103.00 LIBERTY GLOBAL,INC SER A COM 530555101 291 7031.00 SH SOLE 6289.00 742.00 LIBERTY MEDIA CORP NEW LIB STA COM 53071m708 257 3310.00 SH SOLE 1967.00 1343.00 LIBERTY MEDIA HOLD-CAP SER A COM 53071m302 714 9698.00 SH SOLE 5511.00 4187.00 LIBERTY MEDIA HOLD-CAP SER B COM 53071m401 283 3853.00 SH SOLE 1923.00 1930.00 LIBERTY MEDIA-INTERACTIVE A COM 53071m104 888 55337.00 SH SOLE 51668.00 3669.00 LIBERTY MEDIA-INTERACTIVE B COM 53071m203 230 14484.00 SH SOLE 4828.00 9656.00 LILLY ELI & CO COM COM 532457108 287 8156.00 SH SOLE 7828.00 328.00 LINEAR TECHNOLOGY CORP COM COM 535678106 1251 37200.00 SH SOLE 30000.00 7200.00 LINN ENERGY LLC UNIT LTD LIAB COM 536020100 506 13000.00 SH SOLE 13000.00 LOEWS CORP. COM 540424108 237 5496.00 SH SOLE 5496.00 LOWES COS INC COM COM 548661107 61000 2307990.00SH SOLE 2120740.00 187250.00 M & T BK CORP COM 55261F104 11728 132561.00SH SOLE 119891.00 12670.00 MARSH & MCLENNAN COS COM 571748102 457 15338.00 SH SOLE 15338.00 MCDONALDS CORP COM COM 580135101 447 5870.00 SH SOLE 5870.00 MCMORAN EXPLORATION CO COM 582411104 416 23500.00 SH SOLE 22500.00 1000.00 MEDTRONIC INC COM 585055106 1236 31401.00 SH SOLE 28551.00 2850.00 MERCK & CO INC COM 58933Y105 77785 2356410.68SH SOLE 2100788.00 255622.68 354 10736.00 SH OTHER Client 8436.00 2300.00 METABOLIX, INC COM 591018809 4298 408897.00SH SOLE 361956.00 46941.00 METTLER TOLEDO INT'L COM 592688105 2220 12907.00 SH SOLE 400.00 12507.00 MICROSOFT CORP COM 594918104 493 19402.00 SH SOLE 18002.00 1400.00 122 4800.00 SH OTHER Client 800.00 4000.00 MOLEX INC COM 608554101 6837 272191.00SH SOLE 217941.00 54250.00 MOLEX INC CL A N/V COM 608554200 62908 3040494.34SH SOLE 2758817.00 281677.34 208 10050.00 SH OTHER Client 7250.00 2800.00 MORGAN STANLEY COM 617446448 592 21668.00 SH SOLE 7958.00 13710.00 MPHASE TECHNOLOGIES INC COM 62472C102 0 14000.00 SH SOLE 14000.00 MUNICH RE GROUP ADR COM 626188106 298 18850.00 SH SOLE 18850.00 92 5800.00 SH OTHER Client 5800.00 NALCO HOLDING CO. COM 62985q101 78655 2880080.55SH SOLE 2612715.00 267365.55 85 3100.00 SH OTHER Client 2000.00 1100.00 NATIONAL OILWELL VARCO INC. COM 637071101 2047 25826.00 SH SOLE 11671.00 14155.00 79 1000.00 SH OTHER Client 1000.00 NESTLE SA SPONSORED ADR COM 641069406 1389 24139.00 SH SOLE 23439.00 700.00 NEXTERA ENERGY INC. COM 65339F101 748 13570.00 SH SOLE 13570.00 44 800.00 SH OTHER Client 800.00 NOBLE CORP COM H5833N103 91986 2016358.42SH SOLE 1870336.00 146022.42 NOBLE ENERGY INC COM 655044105 387 4000.00 SH SOLE 4000.00 NORTHERN TR CORP COM COM 665859104 211 4150.00 SH SOLE 4150.00 NOVARTIS A G SPONSORED ADR COM 66987V109 1247 22950.00 SH SOLE 22950.00 NOVO-NORDISK A S ADR COM 670100205 358 2861.00 SH SOLE 2861.00 NUCOR CORP COM 670346105 236 5125.00 SH SOLE 5125.00 NYSE EURONEXT COM 629491101 500 14225.00 SH SOLE 14225.00 OMEGA HEALTHCARE INVESTORS COM 681936100 223 10000.00 SH SOLE 10000.00 OMNICOM GROUP INC COM 681919106 785 16000.00 SH SOLE 16000.00 ONEOK PARTNERS LP COM 68268N103 2646 32133.00 SH SOLE 31033.00 1100.00 371 4500.00 SH OTHER Client 4500.00 ONEX COPR SUB VTG (ONEXF) COM 68272k103 554 16300.00 SH SOLE 15450.00 850.00 ORACLE CORP COM COM 68389X105 353 10568.00 SH SOLE 8368.00 2200.00 PARKVALE FINL CORP COM 701492100 827 84778.00 SH SOLE 66978.00 17800.00 PEPSICO INC COM COM 713448108 2748 42665.00 SH SOLE 39406.00 3259.00 PFIZER INC COM 717081103 2754 135581.00SH SOLE 124752.00 10829.00 PHILIP MORRIS INTL INC COM COM 718172109 7067 107681.00SH SOLE 87574.00 20107.00 194 2950.00 SH OTHER Client 1850.00 1100.00 PICO HOLDINGS INC COM 693366205 31892 1060943.86SH SOLE 972485.00 88458.86 PLAINS EXPLORATION & PRODUCT COM 726505100 43256 1193925.00SH SOLE 1030760.00 163165.00 271 7475.00 SH OTHER Client 5275.00 2200.00 POTASH CP OF SASKATCHEWAN COM 73755L107 9167 155565.00SH SOLE 141435.00 14130.00 PRAXAIR INC COM COM 74005P104 3456 34014.00 SH SOLE 33414.00 600.00 PROCTER & GAMBLE COM 742718109 8957 145402.00SH SOLE 133223.00 12179.00 36 585.00 SH OTHER Client 195.00 390.00 PROGRESSIVE CORP OHIO COM 743315103 635 30056.00 SH SOLE 27856.00 2200.00 PROVIDENT ENERGY LTD COM 74386v100 96 10400.00 SH SOLE 10400.00 PUBLIC SERVICE ENTERPRISE GR COM 744573106 523 16600.00 SH SOLE 16600.00 QUALCOMM INC COM COM 747525103 73068 1332631.15SH SOLE 1216838.00 115793.15 219 4000.00 SH OTHER Client 2000.00 2000.00 RECKITT BENCKISER GROUP PLC COM GB00B24CG 1161 22600.00 SH SOLE 22600.00 REGIONS FINANCIAL CORP COM 7591ep100 170 23410.00 SH SOLE 23410.00 RENAISSANCE RE HLDGS COM g7496g103 45517 659765.27SH SOLE 599523.00 60242.27 RHJ INTERNATIONAL (RHJI.BB) COM B70883101 1833 226624.00SH SOLE 226424.00 200.00 ROCKWELL AUTOMATION COM 773903109 568 6000.00 SH SOLE 6000.00 ROPER INDS INC NEW COM 776696106 123500 1428408.10SH SOLE 1287345.00 141063.10 ROYAL DUTCH SHELL PLC SPON ADR COM 780259206 19288 264731.00SH SOLE 241981.00 22750.00 SAN JUAN BASIN RTUBI COM 798241105 1981 71899.00 SH SOLE 69199.00 2700.00 SCHLUMBERGER LTD COM 806857108 66815 716436.42SH SOLE 646103.00 70333.42 177 1900.00 SH OTHER Client 1400.00 500.00 SCRIPPS NETWORKS INTERACTIVE COM 811065101 225 4500.00 SH SOLE 4500.00 SECTOR SPDR TR SBI INT-TECH COM 81369Y803 364 13960.00 SH SOLE 8710.00 5250.00 SHINSEI BANK LTD COM J7385L103 2465 2084960.00SH SOLE 2075960.00 9000.00 SOUTHERN CO COM COM 842587107 612 16050.00 SH SOLE 15050.00 1000.00 SOUTHERN NATIONAL BANCORP OF V COM 843395104 1636 228435.00SH SOLE 157425.00 71010.00 SPDR GOLD TRUST COM 78463V107 8241 58926.00 SH SOLE 43506.00 15420.00 142 1015.00 SH OTHER Client 565.00 450.00 SPECTRA ENERGY CORP. COM 847560109 21263 782311.31SH SOLE 695435.00 86876.31 103 3784.00 SH OTHER Client 2480.00 1304.00 SRITHAI SUPERWARE PUB C-NVDR COM y8136v138 0 32000.00 SH SOLE 32000.00 ST JUDE MEDICAL INC COM 790849103 349 6800.00 SH SOLE 6800.00 SUBSEA 7 S A SPONSORED ADR COM 864323100 6666 263965.00SH SOLE 232780.00 31185.00 SUNCOR ENERGY INC COM COM 867224107 269 6000.00 SH SOLE 6000.00 SUNOCO LOGISTICS PARTNERS LP U COM 86764L108 312 3600.00 SH SOLE 3600.00 SYSCO CORP COM COM 871829107 13023 470133.91SH SOLE 458458.00 11675.91 SYSTEMAX INC COM 871851101 147 10900.00 SH SOLE 10900.00 TARGET CORP COM COM 87612E106 320 6402.00 SH SOLE 4282.00 2120.00 TECO ENERGY INC COM 872375100 333 17750.00 SH SOLE 17750.00 TEJON RANCH CO DEL COM 879080109 217 5899.00 SH SOLE 3082.00 2817.00 TEVA PHARMAC.IND.ADR COM 881624209 1482 29530.00 SH SOLE 28430.00 1100.00 THE TRAVELERS COMPANIES, INC COM 89417e109 521 8765.00 SH SOLE 3039.00 5726.00 TORCHMARK CORP COM COM 891027104 1272 19138.00 SH SOLE 19138.00 TORONTO-DOMINION BK COM 891160509 1903 21478.00 SH SOLE 21478.00 TOTAL FINA ELF S A ADR COM 89151E109 3220 52813.00 SH SOLE 40815.00 11998.00 224 3680.00 SH OTHER Client 2680.00 1000.00 TRANSOCEAN LTD COM h8817h100 429 5499.00 SH SOLE 5486.00 13.00 TYCO INTL LTD COM H89128104 617 13790.00 SH SOLE 9478.00 4312.00 UNION PAC CORP COM 907818108 26792 272472.00SH SOLE 261513.00 10959.00 216 2200.00 SH OTHER Client 1600.00 600.00 UNITED HEALTH GROUP COM 91324P102 263 5827.00 SH SOLE 5077.00 750.00 UNITED TECHNOLOGIES CP COM 913017109 2805 33134.00 SH SOLE 33134.00 US BANCORP DEL COM COM 902973304 34935 1321777.74SH SOLE 1178302.74 143475.00 69 2600.00 SH OTHER Client 1400.00 1200.00 VERIZON COMM. COM 92343V104 23168 601137.12SH SOLE 566503.00 34634.12 66 1700.00 SH OTHER Client 1700.00 VIACOM INC CL B COM 92553p201 963 20700.00 SH SOLE 20700.00 VICAL INC COM 925602104 36 12000.00 SH SOLE 12000.00 VODAFONE GR.PLC ADR COM 92857W209 1199 41689.00 SH SOLE 41471.00 218.00 WABTEC CORPORATION COM 929740108 24120 355599.00SH SOLE 331449.00 24150.00 WADDELL & REED FINL CL A COM 930059100 264 6511.00 SH SOLE 6511.00 WAL MART STORES INC COM 931142103 12613 242332.35SH SOLE 234732.00 7600.35 WALGREEN CO COM COM 931422109 870 21682.00 SH SOLE 21682.00 WATERS CORPORATION COM 941848103 83742 963659.09SH SOLE 892126.00 71533.09 WELLS FARGO & CO NEW COM 949746101 3974 125319.00SH SOLE 120942.00 4377.00 WILEY JOHN & SONS CLA COM 968223206 2968 58377.00 SH SOLE 58185.00 192.00 WILLIAMS COS INC DEL COM 969457100 48945 1569745.57SH SOLE 1485116.00 84629.57 WILLIAMS PARTNERS LP COM UNIT COM 96950f104 888 17146.00 SH SOLE 378.00 16768.00 WOODWARD INC COM COM 980745103 3468 100336.00SH SOLE 80989.00 19347.00 210 6090.00 SH OTHER Client 5100.00 990.00 ZIMMER HOLDINGS INC. COM 98956P102 484 7997.00 SH SOLE 7957.00 40.00 CITIGROUP CAP XIII PFD 7.875% PFD 173080201 234 9000 SH SOLE 4000 5000 CONSOLIDATED EDISON NY PFD SER PFD 209111301 396 4500 SH SOLE 4500 HSBC FINANCE CORP NT 6.875% 20 PFD 40429C201 507 19700 SH SOLE 17700 2000 INVESCO VAN KAMPEN INV GRAD NY PFD 46131T200 425 17 SH SOLE 17 ROYAL BK SCOTLAND GRP SPON ADR PFD 780097804 348 14800 SH SOLE 14800 SOURCE CAPITAL INC - PFD PFD 836144204 992 28716 SH SOLE 27233 1483 93 2700 SH OTHER Client 2700 TRI CONTL CORP PFD $2.50 PFD 895436202 1299 28903 SH SOLE 27044 1859 144 3200 SH OTHER Client 3100 100 US BANCORP DEL PFD1/1000SER D PFD 902973882 216 7803 SH SOLE 7803 WELLS FARGO CAP XIV ENH TRUPS PFD 949829204 250 9300 SH SOLE 9300 GUGGENHEIM BRIC ETF 18383M100 583 12300.000SH SOLE 2450.000 9850.000 ISHARES MSCI EMERGING MKT IN 464287234 1041 21393.083SH SOLE 7818.083 13575.000 ISHARES MSCI SOUTH KOREA INDEX 464286772 526 8178.083 SH SOLE 6078.083 2100.000 ISHARES MSCI TAIWAN INDEX FUND 464286731 422 28414.670SH SOLE 24614.670 3800.000 ISHARES TR S&P LTN AM 40 464287390 734 13650.000SH SOLE 4900.000 8750.000 ALLIANCE NEW YORK MUNI INC 018714105 178 13000.000SH SOLE 13000.000 CAPITAL INCOME BLDR FD SH BEN 140193103 234 4590.067 SH SOLE 4590.067 EATON VANCE LTD DURATION FND 27828h105 176 11000.000SH SOLE 11000.000 EATON VANCE MUT FDS TR GOVT OB 277911103 97 13000.000SH SOLE 13000.000 FEDERATED EQUITY FDS COM 314172644 148 26308.877SH SOLE 23395.679 2913.198 FIDELITY CAPITAL & INCOME FD 316062108 998 101924.278SH SOLE 61955.144 39969.134 FIDELITY CONTRAFUND COM 316071109 576 8108.476 SH SOLE 7877.403 231.073 FRANKLIN MUTUAL QUALIFIED-Z 628380206 1302 70754.883SH SOLE 20647.681 50107.202 LOOMIS SAYLES FDS II HI INCOME 543487383 241 47087.614SH SOLE 47087.614 TOCQUEVILLE TR GOLD FD 888894862 217 2487.806 SH SOLE 2487.806 VANGUARD FXD INC SECS STRM INV 922031836 3119 290920.731SH SOLE 290920.731 VANGUARD HIGH YIELD CORP-INV 922031208 93 16065.075SH SOLE 16065.075 VANGUARD N Y TXFREE FD LONG TA 92204H301 233 21699.550SH SOLE 21699.550 VANGUARD ST CORP INV 922031406 184 17206.240SH SOLE 17206.240 ASIAN SELECT EQUITY INVEST. PA ASIAN 820 250000.00SH SOLE 250000.00 BANK OF AMERICA CORP WT EXP 01 WT 060505146 658 85750.00 SH SOLE 50050.00 35700.00 14 1800.00 SH OTHER Client 1800.00 BANK OF AMERICA CORP WT EXP 10 WT 060505153 374 148350.00SH SOLE 77450.00 70900.00 13 5000.00 SH OTHER Client 5000.00 DIME BANCORP INC NEW WT EXP 12 WT 25429Q110 64 72439.00 SH SOLE 56639.00 15800.00 HERALD NATIONAL BANK WARRANTS WT 42703q112 0 15000.00 SH SOLE 15000.00 JPMORGAN CHASE & CO WT EXP 102 WT 46634e114 1306 77850.00 SH SOLE 59050.00 18800.00 17 1000.00 SH OTHER Client 1000.00 WELLS FARGO & CO NEW WT EXP 10 WT 949746119 619 54800.00 SH SOLE 29600.00 25200.00 GRAINCORP COM 6102331 1543 196100.00SH SOLE 196100.00 RIO TINTO LIMITED COM 6220103 564 6435.00 SH SOLE 6435.00 SANTOS LIMITED COM 6776703 1730 107600.00SH SOLE 107600.00 BMFBOVESPA S.A. BO COM B2RHNV9 1982 273245.00SH SOLE 273245.00 TIM PARTICIPACOES COM 2292560 1593 310500.00SH SOLE 310500.00 BROOKFIELD ASSET MGMT CL A LTD COM 2092599 2247 69200.00 SH SOLE 69200.00 HUNTINGDON RL EST INVT TR UNIT COM B06C9Z7 4803 695750.00SH SOLE 695750.00 IMPERIAL OIL LTD COM NEW COM 2454241 1531 30000.00 SH SOLE 30000.00 PETROAMERICA OIL CORP COM COM 2173858 380 1418800.00SH SOLE 1418800.00 PETROMANAS ENERGY INC COM COM 71672A105 478 1384200.00SH SOLE 1384200.00 SUNCOR ENERGY INC NEW COM COM b3nb1p2 2034 45406.27 SH SOLE 45406.27 VITERRA INC COM COM B06WVL7 1745 144000.00SH SOLE 144000.00 NESTLE SA COM 7123870 1955 34120.00 SH SOLE 34120.00 RICHEMONT(CIE FIN) COM B3DCZF3 641 11100.00 SH SOLE 11100.00 ANHEUSER-BUSCH INBEV COM 4755317 1868 32800.00 SH SOLE 32800.00 FIAT INDUSTRIAL SPA COM b52b4v4 1711 119200.00SH SOLE 119200.00 GERRESHEIMER AG COM B1Y47Y7 286 6200.00 SH SOLE 6200.00 HEINEKEN HOLDING NV COM B0CCH46 1958 40750.00 SH SOLE 40750.00 MUENCHENER RUECKVE COM 5294121 1831 11600.00 SH SOLE 11600.00 NATL PORTEFEUILLE COM B1H4YG5 1961 28500.00 SH SOLE 28500.00 PROMOTORA DE INFORMACIONES(PRI COM 5987175 1515 519100.00SH SOLE 519100.00 TOTAL COM b15c557 1765 29000.00 SH SOLE 29000.00 VIVENDI SA COM 4834777 1133 39700.00 SH SOLE 39700.00 CHEUNG KONG(HLDGS) COM 6190273 2254 138300.00SH SOLE 138300.00 CHINA OILFIELD SERVICES COM 6560995 1014 448000.00SH SOLE 448000.00 FIRST PACIFIC CO COM 6339872 1695 1894000.00SH SOLE 1894000.00 GUOCO GROUP COM 6390363 1777 144000.00SH SOLE 144000.00 HANG LUNG PROP COM 6030506 1970 450000.00SH SOLE 450000.00 HENDERSON LAND DEV COM 6420538 2861 412890.00SH SOLE 412890.00 MINTH GRP COM B0RJCG9 1569 936000.00SH SOLE 936000.00 SHANGRI-LA ASIA COM 6771032 886 343000.00SH SOLE 343000.00 TELEVISION BROADCT COM 6881674 1046 178000.00SH SOLE 178000.00 VALUE PARTNERS GP COM B28XTQ3 1891 2001000.00SH SOLE 2001000.00 WHEELOCK & COMPANY COM 6981488 1562 416000.00SH SOLE 416000.00 ARAB BANK COM B074509 948 74670.00 SH SOLE 74670.00 DAIWA SECURITIES GROUP COM 6251448 542 118000.00SH SOLE 118000.00 FANUC LTD COM 6356934 3526 23300.00 SH SOLE 23300.00 HONDA MOTOR CO COM 6435145 1469 39100.00 SH SOLE 39100.00 OSAKA SECURITIES E COM 6743882 1606 320.00 SH SOLE 320.00 TOYOTA INDUSTRIES COM 6900546 1839 60800.00 SH SOLE 60800.00 UNIVERSAL ENT CORP COM 6126892 1443 49200.00 SH SOLE 49200.00 JUSUNG ENGINEERING CO COM 6201788 745 45500.00 SH SOLE 45500.00 LG CORP COM 6537030 1685 22600.00 SH SOLE 22600.00 POSCO COM 6693233 517 1122.00 SH SOLE 1122.00 GENTING BHD COM B1VXJL8 2095 574000.00SH SOLE 574000.00 ALLIANCE GLOBAL GP COM 6147105 550 2001700.00SH SOLE 2001700.00 METRO PACIFIC INVESTMENTS CO COM b1l8838 459 6100000.00SH SOLE 6100000.00 ERICSSON(LM)TEL COM 5959378 1721 133500.00SH SOLE 133500.00 INDUSTRIVARDEN AB COM b1vsk10 693 35701.00 SH SOLE 35701.00 INVESTOR AB COM 5679579 2992 126300.00SH SOLE 126300.00 UNI-PRESIDENT ENT COM 6700393 1203 877700.00SH SOLE 877700.00 YUANTA FINL HOLDS COM 6424110 1460 2030000.00SH SOLE 2030000.00 FINANCIAL TECHNOLO COM 6257521 1060 54700.00 SH SOLE 54700.00