13F-HR 1 inftable.txt 12-31-2011 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 2828 34603.00 SH SOLE 29296.00 5307.00 413 5050.00 SH OTHER Client 5050.00 ABB LTD. COM 000375204 642 34100.00 SH SOLE 24100.00 10000.00 56 3000.00 SH OTHER Client 3000.00 ABBOTT LABS COM 002824100 97145 1727628.49SH SOLE 1602442.00 125186.49 84 1500.00 SH OTHER Client 1400.00 100.00 AES CORP COM COM 00130H105 347 29320.00 SH SOLE 23600.00 5720.00 AFLAC INC COM COM 001055102 288 6650.00 SH SOLE 4600.00 2050.00 AIR PRODUCTS & CHEMICALS INC COM 009158106 362 4250.00 SH SOLE 4250.00 ALLEGHANY TECHNOLOGIES INC COM 01741R102 200 4189.00 SH SOLE 2100.00 2089.00 ALLERGAN INC COM COM 018490102 412 4692.00 SH SOLE 4692.00 ALTRIA GROUP INC COM 02209S103 3784 127628.00SH SOLE 126066.00 1562.00 AMERICA MOVIL S.A.B. DE C.V. A COM 02364W105 271 12000.00 SH SOLE 12000.00 AMERICAN ELEC PWR INC COM 025537101 223 5400.00 SH SOLE 5400.00 AMERICAN EXPRESS CO COM 025816109 17799 377347.89SH SOLE 368103.89 9244.00 AMERICAN NATL INS CO COM 028591105 219 3000.00 SH SOLE 3000.00 AMGEN INC COM COM 031162100 1357 21139.00 SH SOLE 17889.00 3250.00 ANADARKO PETE CORP COM 032511107 823 10779.00 SH SOLE 9007.00 1772.00 ANHEUSER BUSCH INBEV SPONSORED COM 03524a108 76856 1260144.64SH SOLE 1179879.00 80265.64 171 2800.00 SH OTHER Client 2725.00 75.00 APPLE INC COM 037833100 6630 16370.00 SH SOLE 15770.00 600.00 AT&T CORP COM 00206r102 2250 74397.00 SH SOLE 66169.00 8228.00 AUTOM.DATA PROCESSING COM 053015103 740 13699.00 SH SOLE 11398.00 2301.00 AUTOZONE INC COM 053332102 1462 4500.00 SH SOLE 4500.00 AXIS CAP.HOLDGS.LTD. COM G0692U109 72585 2271122.04SH SOLE 2141758.00 129364.04 BAIDU INC SPON ADR REP A COM 056752108 942 8085.00 SH SOLE 4800.00 3285.00 BANK NEW YORK MELLON CORP COM 064058100 1789 89862.00 SH SOLE 89862.00 117 5886.00 SH OTHER Client 5886.00 BANK OF AMERICA CORP. COM 060505104 61 11005.00 SH SOLE 10195.00 810.00 BARCLAYS BK PLC IPTH S&P VIX N COM 06740c261 721 20300.00 SH SOLE 20300.00 BARRICK GOLD CORP COM 067901108 267 5900.00 SH SOLE 5900.00 BAXTER INTL INC COM 071813109 100512 2031358.66SH SOLE 1894237.00 137121.66 105 2125.00 SH OTHER Client 2100.00 25.00 BB&T CORP COM COM 054937107 368 14634.32 SH SOLE 14634.32 BECTON DICKINSON & CO COM 075887109 527 7050.00 SH SOLE 7050.00 BERKSHIRE HATHAW.CLA COM 084670108 9066 79.00 SH SOLE 76.00 3.00 BERKSHIRE HATHAW.CLB COM 084670702 39172 513398.63SH SOLE 478059.00 35339.63 BOEING CO COM COM 097023105 613 8359.00 SH SOLE 8359.00 BOSTON SCIENTIFIC CORP COM 101137107 167 31350.00 SH SOLE 31350.00 BOSWELL J G CO COM 101205102 534 768.00 SH SOLE 543.00 225.00 BP P.L.C. COM 055622104 563 13166.00 SH SOLE 6764.00 6402.00 BRISTOL MYERS SQUIBB COM 110122108 3344 94905.00 SH SOLE 79941.00 14964.00 89 2525.00 SH OTHER Client 1350.00 1175.00 BRISTOW GROUP INC COM COM 110394103 10530 222198.14SH SOLE 213315.00 8883.14 BROADWIND ENERGY INC COM COM 11161t108 26 38203.00 SH SOLE 38203.00 BROOKFIELD ASSET MANAGEMENT-CL COM 112585104 59536 2166518.65SH SOLE 2015850.00 150668.65 177 6450.00 SH OTHER Client 6325.00 125.00 BROOKFIELD INFRASTRUCTURE PA COM g16252101 634 22891.00 SH SOLE 14791.00 8100.00 CANADIAN NATL RAILWAY COM 136375102 1471 18730.00 SH SOLE 15730.00 3000.00 153 1950.00 SH OTHER Client 1950.00 CANADIAN NATURAL RESOURCES COM 136385101 217 5800.00 SH SOLE 5800.00 CANADIAN OIL SANDS TRUST (COS. COM 13643e105 4029 176705.00SH SOLE 171705.00 5000.00 CANADIAN PAC RY LTD COM COM 13645T100 623 9205.00 SH SOLE 1218.00 7987.00 CATERPILLAR INC COM 149123101 426 4700.00 SH SOLE 700.00 4000.00 CELGENE CORP COM 151020104 372 5500.00 SH SOLE 5500.00 CENOVUS ENERGY INC COM COM 15135U109 27398 825246.00SH SOLE 787256.00 37990.00 CENTERLINE HOLDING COMPANY COM 15188T108 1 11300.00 SH SOLE 11300.00 CHEVRON CORPORATION COM 166764100 18664 175418.00SH SOLE 150545.00 24873.00 561 5276.00 SH OTHER Client 5276.00 CHUBB CORP COM COM 171232101 7158 103412.00SH SOLE 91947.00 11465.00 CISCO SYS INC COM 17275R102 4220 233427.00SH SOLE 231047.00 2380.00 105 5798.00 SH OTHER Client 5798.00 CITY HLDG CO COM COM 177835105 3815 112561.00SH SOLE 112561.00 COCA-COLA CO COM 191216100 8595 122833.00SH SOLE 117646.00 5187.00 210 3000.00 SH OTHER Client 3000.00 COCA-COLA FEMSA ADR+ COM 191241108 1761 18500.00 SH SOLE 18500.00 COLGATE PALMOLIVE CO COM 194162103 3497 37855.00 SH SOLE 33105.00 4750.00 COMCAST CORP - SP. CL A COM 20030N200 578 24525.00 SH SOLE 24525.00 COMCAST CORP CL A COM 20030N101 213 8984.00 SH SOLE 8984.00 COMMERCE BANCSHARES COM COM 200525103 699 18346.00 SH SOLE 18346.00 CONAGRA INC COM COM 205887102 333 12600.00 SH SOLE 12600.00 CONOCOPHILLIPS COM 20825C104 72444 994156.00SH SOLE 921644.00 72512.00 CONSOLIDATED EDISON COM 209115104 1290 20800.00 SH SOLE 15500.00 5300.00 108 1740.00 SH OTHER Client 1740.00 CORNING INC COM COM 219350105 142 10955.00 SH SOLE 9255.00 1700.00 COSTCO WHSL CORP NEW COM 22160K105 2168 26016.00 SH SOLE 26016.00 COVIDIEN PLC COM g2554f113 314 6976.00 SH SOLE 6851.00 125.00 99 2204.00 SH OTHER Client 2204.00 CSF HLDGS.INC. (ESCROW - LITIG COM 0 28125.00 SH SOLE 27750.00 375.00 CVS CAREMARK CORP COM 126650100 1904 46684.00 SH SOLE 45384.00 1300.00 112 2750.00 SH OTHER Client 2750.00 DANAHER CORP DEL COM 235851102 1405 29866.00 SH SOLE 25866.00 4000.00 DEERE & CO COM COM 244199105 472 6100.00 SH SOLE 6100.00 DIGITCOM INTERACTIVE COM COM 25387S108 0 10000.00 SH SOLE 10000.00 DIRECTV CLASS A COMMON COM 25490a101 2773 64844.00 SH SOLE 52051.00 12793.00 98 2301.00 SH OTHER Client 2301.00 DISNEY WALT CO COM 254687106 1301 34702.00 SH SOLE 17102.00 17600.00 DOLLAR TREE INC COM COM 256746108 411 4945.00 SH SOLE 4945.00 DOMINION RESOURCES COM 25746U109 1320 24865.00 SH SOLE 23865.00 1000.00 DONALDSON CO INC COM 257651109 272 4000.00 SH SOLE 4000.00 DOT HILL SYS CORP COM COM 25848t109 81 60800.00 SH SOLE 60800.00 DOVER CORP COM 260003108 72715 1252626.52SH SOLE 1184980.00 67646.52 168 2900.00 SH OTHER Client 2900.00 DU PONT EI DE NEMOURS COM 263534109 732 15982.00 SH SOLE 13823.00 2159.00 183 4000.00 SH OTHER Client 4000.00 DUKE ENERGY CORP COM 26441c105 13653 620593.00SH SOLE 604343.00 16250.00 136 6162.00 SH OTHER Client 6162.00 DUNDEE ENERGY LTD COM COM 26518Q102 29 47500.00 SH SOLE 47500.00 EATON VANCE CORP - NON VTG COM 278265103 222 9400.00 SH SOLE 9400.00 EATON VANCE NY MUNI SH BEN INT COM 27826W104 234 16700.00 SH SOLE 16700.00 EMERSON ELEC CO COM 291011104 12265 263262.00SH SOLE 235755.00 27507.00 294 6300.00 SH OTHER Client 300.00 6000.00 ENCANA CORP COM 292505104 41930 2262835.94SH SOLE 2127405.00 135430.94 141 7600.00 SH OTHER Client 7600.00 ENSTAR GROUP LTD COM G3075P101 111347 1133875.00SH SOLE 1061316.00 72559.00 ENTERPRISE PRODS PARTNERS LP COM 293792107 624 13463.00 SH SOLE 5063.00 8400.00 EXELON CORP COM 30161n101 267 6154.00 SH SOLE 5854.00 300.00 EXXON MOBIL CORP COM 30231G102 56358 664916.00SH SOLE 614580.00 50336.00 678 8000.00 SH OTHER Client 8000.00 FAIRFAX FINANCIAL HLDGS LTD COM 303901102 1783 4135.00 SH SOLE 4135.00 FASTENAL CO COM 311900104 305 7000.00 SH SOLE 7000.00 FEDEX CORP COM 31428X106 14552 174251.00SH SOLE 161441.00 12810.00 FIFTH THIRD BANCORP COM 316773100 172 13500.00 SH OTHER Client 13500.00 FIRST OPPORTUNITY FUND INC COM 33587T108 1000 19527.00 SH SOLE 19527.00 FIRSTCITY FINANCIAL CORP COM 33761X107 302 35500.00 SH SOLE 33500.00 2000.00 FISERV INC COM 337738108 3229 54966.00 SH SOLE 54266.00 700.00 FLUOR CORP COM 343412102 50897 1012868.56SH SOLE 958033.00 54835.56 FOMENTO ECONOMICO MEXICANO ADR COM 344419106 565 8100.00 SH SOLE 8100.00 FRANKLIN RES INC COM COM 354613101 692 7200.00 SH SOLE 7200.00 FREEPORT-MCMORAN COPPER&GOLD-B COM 35671d857 292 7950.00 SH SOLE 6050.00 1900.00 FRONTIER COMMUNICATION COM COM 35906a108 535 103878.00SH SOLE 100998.00 2880.00 8 1570.00 SH OTHER Client 288.00 1282.00 FUSION TELECOMM INTL COM COM 36113B301 2 20000.00 SH SOLE 20000.00 GALLAGHER ARTHUR J COM 363576109 1272 38050.00 SH SOLE 38050.00 GAP INC DEL COM COM 364760108 13779 742821.43SH SOLE 716750.00 26071.43 GENERAL ELEC CO COM 369604103 5604 312917.00SH SOLE 266288.00 46629.00 177 9910.00 SH OTHER Client 910.00 9000.00 GENERAL MLS INC COM COM 370334104 348 8600.00 SH SOLE 8600.00 202 5000.00 SH OTHER Client 5000.00 GILEAD SCIENCES INC COM 375558103 229 5600.00 SH SOLE 5600.00 53 1300.00 SH OTHER Client 1300.00 GLAXO SMITHKL.PLC ADR COM 37733W105 1044 22883.00 SH SOLE 13810.00 9073.00 GLOBALSTAR INC COM 378973408 6904 12784500.00SH SOLE 12146500.00 638000.00 GOOGLE INC - CL A COM 38259p508 663 1026.00 SH SOLE 1024.00 2.00 GREEN EARTH TECHS INC COM COM 39303R102 11 40000.00 SH SOLE 40000.00 GRUPO TELEVISA SA - SPONS ADR COM 40049j206 8186 388715.00SH SOLE 387915.00 800.00 GRUPO TMM SA-SP ADR A COM 40051D303 876 612440.00SH SOLE 612440.00 HCC INS HLDGS INC COM 404132102 30308 1102115.00SH SOLE 1049915.00 52200.00 HEINZ H J CO COM COM 423074103 823 15230.00 SH SOLE 14330.00 900.00 HENDERSON LAND DEVELOPMENT CO. COM Y31476107 108 21950.00 SH SOLE 17600.00 4350.00 HESS CORPORATION COM 42809h107 4042 71156.00 SH SOLE 58856.00 12300.00 HEWLETT-PACKARD CO COM 428236103 1086 42150.00 SH SOLE 42150.00 HOLOGIC INC COM 436440101 231 13200.00 SH SOLE 13200.00 HOME DEPOT INC COM COM 437076102 4791 113961.00SH SOLE 104679.00 9282.00 29 700.00 SH OTHER Client 700.00 HOMEFED CORP COM 43739d307 22355 1152310.00SH SOLE 1096802.00 55508.00 10 500.00 SH OTHER Client 500.00 HONEYWELL INTL INC COM 438516106 539 9926.00 SH SOLE 9926.00 432 7950.00 SH OTHER Client 3950.00 4000.00 HSBC HLDGS PLC SPON ADR COM 404280406 2300 60359.00 SH SOLE 57400.00 2959.00 HUBBELL INC B COM 443510201 9928 148493.00SH SOLE 135486.00 13007.00 HUBBELL INC CL A COM 443510102 1722 28764.00 SH SOLE 26354.00 2410.00 90 1500.00 SH OTHER Client 1500.00 HUGOTON ROYALTY TRUST SHS BEN COM 444717102 1791 95075.00 SH SOLE 83625.00 11450.00 92 4900.00 SH OTHER Client 4900.00 HUNTINGDON CAP CORP COM COM 44586v101 2152 273488.00SH SOLE 173685.00 99803.00 40 5132.00 SH OTHER Client 5132.00 ILLINOIS TOOL WKS INC COM 452308109 938 20077.00 SH SOLE 20077.00 IMPERIAL OIL LTD COM NEW COM 453038408 366 8221.00 SH SOLE 8221.00 ING PRIME RATE TR SH BEN INT COM 44977w106 51 10000.00 SH SOLE 10000.00 INTEL CORP COM COM 458140100 1046 43151.00 SH SOLE 36450.00 6701.00 INTL DISPENSING CORP COM 459407102 52 116623.00SH SOLE 116623.00 INTL. BUSINESS MACHINES COM 459200101 68989 375186.17SH SOLE 328997.00 46189.17 1223 6650.00 SH OTHER Client 2050.00 4600.00 IRON MOUNTAIN INC COM 462846106 768 24925.00 SH SOLE 23300.00 1625.00 ISHARES GOLD TRUST COM 464285105 1856 121890.00SH SOLE 117890.00 4000.00 ISHARES SILVER TRUST ISHARES COM 46428Q109 504 18700.00 SH SOLE 15000.00 3700.00 ISHARES TR RUSSELL 1000 COM 464287622 270 3891.00 SH SOLE 3891.00 ISHARES TR S&P MIDCP VALU COM 464287705 345 4540.00 SH SOLE 4040.00 500.00 ISIS PHARMACEUTICALS COM COM 464330109 72 10000.00 SH SOLE 10000.00 JARDINE MATHESON HLDGS LTD. COM 6472119 1195 25400.00 SH SOLE 25400.00 JEFFERIES GRP INC NEW COM COM 472319102 165 12000.00 SH SOLE 12000.00 JOHNSON & JOHNSON COM 478160104 82850 1263346.70SH SOLE 1136410.00 126936.70 710 10820.00 SH OTHER Client 2700.00 8120.00 JPMORGAN CHASE & CO. COM 46625H100 1343 40395.06 SH SOLE 37248.06 3147.00 KELLOGG CO COM COM 487836108 232 4584.00 SH SOLE 4584.00 258 5100.00 SH OTHER Client 5100.00 KEYCORP NEW COM COM 493267108 77 10000.00 SH OTHER Client 10000.00 KIMBERLY CLARK CORP COM 494368103 9218 125309.00SH SOLE 111585.00 13724.00 KINDER MORGAN ENERGY PART. COM 494550106 306 3600.00 SH SOLE 500.00 3100.00 KRAFT FOODS INC A COM 50075N104 2047 54780.00 SH SOLE 51509.00 3271.00 KRATON PERFORMNCE POLY COM COM 50077c106 4061 200060.00SH SOLE 195360.00 4700.00 L-3 COMMUNICATIONS HOLDINGS COM 502424104 268 4018.00 SH SOLE 1150.00 2868.00 LAB.CP OF AMER HLDGS. COM 50540R409 63320 736533.00SH SOLE 698209.00 38324.00 LAUDER ESTEE COS INC CL A COM 518439104 223 1981.00 SH SOLE 1981.00 LEUCADIA NATL CORP COM 527288104 145855 6414006.70SH SOLE 5978451.29 435555.41 LEVEL 3 COMMUNICATIONS COM NEW COM 52729N308 14711 865863.00SH SOLE 824322.00 41541.00 LIBERTY GLOBAL INC-SERIES C COM 530555309 200 5070.00 SH SOLE 1967.00 3103.00 LIBERTY INTERACTIVE CO INT COM COM 53071m104 497 30662.00 SH SOLE 26993.00 3669.00 LIBERTY INTERACTIVE CO INT COM COM 53071m203 235 14484.00 SH SOLE 4828.00 9656.00 LIBERTY MEDIA CORPORAT LIB CAP COM 530322106 935 11982.00 SH SOLE 10277.00 1705.00 40 512.00 SH OTHER Client 512.00 LIBERTY MEDIA CORPORAT LIB CAP COM 530322205 406 5210.00 SH SOLE 2600.00 2610.00 LILLY ELI & CO COM COM 532457108 318 7643.00 SH SOLE 6131.00 1512.00 LINEAR TECHNOLOGY CORP COM COM 535678106 1117 37200.00 SH SOLE 30000.00 7200.00 LINN ENERGY LLC UNIT LTD LIAB COM 536020100 493 13000.00 SH SOLE 13000.00 LOEWS CORP. COM 540424108 269 7139.00 SH SOLE 6696.00 443.00 LOWES COS INC COM COM 548661107 70137 2763483.93SH SOLE 2627465.00 136018.93 18 700.00 SH OTHER Client 700.00 M & T BK CORP COM 55261F104 8992 117791.00SH SOLE 105121.00 12670.00 MARKEL CORP COM COM 570535104 9663 23304.00 SH SOLE 22284.00 1020.00 MASTERCARD INC CL A COM 57636Q104 210 562.39 SH SOLE 562.39 MCDONALDS CORP COM COM 580135101 925 9216.00 SH SOLE 8337.00 879.00 MCMORAN EXPLORATION CO COM 582411104 473 32500.00 SH SOLE 31500.00 1000.00 MEDTRONIC INC COM 585055106 366 9577.00 SH SOLE 6735.00 2842.00 230 6000.00 SH OTHER Client 6000.00 MERCK & CO INC COM 58933Y105 89553 2375414.63SH SOLE 2174064.00 201350.63 528 14016.00 SH OTHER Client 10536.00 3480.00 METABOLIX, INC COM 591018809 762 167411.00SH SOLE 145211.00 22200.00 METTLER TOLEDO INT'L COM 592688105 1684 11400.00 SH SOLE 400.00 11000.00 MICROSOFT CORP COM 594918104 652 25125.00 SH SOLE 23575.00 1550.00 358 13800.00 SH OTHER Client 4800.00 9000.00 MOLEX INC COM 608554101 7267 304566.00SH SOLE 267756.00 36810.00 MOLEX INC CL A N/V COM 608554200 59211 2993494.62SH SOLE 2752483.00 241011.62 199 10050.00 SH OTHER Client 9750.00 300.00 MORGAN STANLEY COM 617446448 298 19668.00 SH SOLE 6708.00 12960.00 NATIONAL OILWELL VARCO INC. COM 637071101 1773 26082.00 SH SOLE 13726.00 12356.00 68 1000.00 SH OTHER Client 1000.00 NESTLE SA SPONSORED ADR COM 641069406 1438 24914.00 SH SOLE 23864.00 1050.00 NEXTERA ENERGY INC. COM 65339F101 826 13570.00 SH SOLE 13570.00 49 800.00 SH OTHER Client 800.00 NOBLE CORP COM H5833N103 58649 1940736.44SH SOLE 1846626.00 94110.44 64 2120.00 SH OTHER Client 2120.00 NOBLE ENERGY INC COM 655044105 439 4651.00 SH SOLE 4651.00 NOKIA CORP SP.ADR COM 654902204 58 12000.00 SH SOLE 12000.00 NOVARTIS A G SPONSORED ADR COM 66987V109 1444 25264.00 SH SOLE 25264.00 100 1753.00 SH OTHER Client 1753.00 NUCOR CORP COM 670346105 223 5625.00 SH SOLE 5625.00 OMEGA HEALTHCARE INVESTORS COM 681936100 194 10000.00 SH SOLE 10000.00 OMNICOM GROUP INC COM 681919106 727 16300.00 SH SOLE 16300.00 ONEOK PARTNERS LP UNIT LTD PAR COM 68268N103 3653 63266.00 SH SOLE 62766.00 500.00 520 9000.00 SH OTHER Client 9000.00 ONEX COPR SUB VTG (ONEXF) COM 68272k103 563 17000.00 SH SOLE 17000.00 ORACLE CORP COM COM 68389X105 311 12125.00 SH SOLE 9925.00 2200.00 462 18000.00 SH OTHER Client 18000.00 PEPSICO INC COM COM 713448108 3211 48389.00 SH SOLE 47499.00 890.00 53 806.00 SH OTHER Client 806.00 PFIZER INC COM 717081103 2988 138075.00SH SOLE 125418.00 12657.00 PHILIP MORRIS INTL INC COM COM 718172109 13176 167891.00SH SOLE 149299.00 18592.00 235 3000.00 SH OTHER Client 2950.00 50.00 PICO HOLDINGS INC COM 693366205 16294 791719.28SH SOLE 757043.00 34676.28 PLAINS EXPLORATION & PRODUCT COM 726505100 50384 1372104.53SH SOLE 1253377.00 118727.53 146 3975.00 SH OTHER Client 3775.00 200.00 POTASH CP OF SASKATCHEWAN COM 73755L107 6744 163370.00SH SOLE 151120.00 12250.00 POWERSHARES ETF TRUST FINL PFD COM 73935X229 178 11041.00 SH SOLE 4726.00 6315.00 PRAXAIR INC COM COM 74005P104 3628 33942.00 SH SOLE 33342.00 600.00 PROCTER & GAMBLE COM 742718109 9625 144284.00SH SOLE 132257.00 12027.00 568 8510.00 SH OTHER Client 585.00 7925.00 PROGRESS ENERGY INC COM 743263105 370 6610.00 SH OTHER Client 6610.00 PROGRESSIVE CORP OHIO COM 743315103 596 30531.00 SH SOLE 28331.00 2200.00 PROMOTORA DE INFORMACI ADR CL COM 74343g303 438 90500.00 SH SOLE 90500.00 PROVIDENT ENERGY LTD COM 74386v100 101 10400.00 SH SOLE 10400.00 PUBLIC SERVICE ENTERPRISE GR COM 744573106 548 16600.00 SH SOLE 16600.00 QUALCOMM INC COM COM 747525103 67743 1238441.58SH SOLE 1156615.30 81826.28 237 4330.00 SH OTHER Client 4330.00 QUEST DIAGNOSTICS INC COM 74834L100 223 3844.00 SH SOLE 2250.00 1594.00 RECKITT BENCKISER GROUP PLC COM G74079107 1093 22600.00 SH SOLE 22600.00 REGIONS FINANCIAL CORP COM 7591ep100 101 23410.00 SH SOLE 23410.00 RENAISSANCE RE HLDGS COM g7496g103 52074 700208.19SH SOLE 647990.00 52218.19 RHJ INTERNATIONAL (RHJI.BB) COM B70883101 93 20700.00 SH SOLE 20500.00 200.00 ROPER INDS INC NEW COM 776696106 117357 1350947.35SH SOLE 1246349.00 104598.35 ROYAL DUTCH SHELL PLC SPON ADR COM 780259206 18893 258494.00SH SOLE 238627.00 19867.00 ROYAL DUTCH SHELL PLC SPON ADR COM 780259107 427 5617.00 SH SOLE 5617.00 SAN JUAN BASIN RTUBI COM 798241105 1677 73699.00 SH SOLE 70999.00 2700.00 SCHLUMBERGER LTD COM 806857108 55555 813273.24SH SOLE 761276.00 51997.24 130 1900.00 SH OTHER Client 1900.00 SCRIPPS NETWORKS INTERACTIVE COM 811065101 225 5300.00 SH SOLE 5300.00 SEALED AIR CORP NEW COM 81211K100 103 5970.00 SH SOLE 4170.00 1800.00 117 6800.00 SH OTHER Client 6800.00 SECTOR SPDR TR SBI INT-TECH COM 81369Y803 329 12910.00 SH SOLE 7810.00 5100.00 SELECT SECTOR SPDR TR SBI INT- COM 81369Y605 57 4400.00 SH SOLE 4400.00 226 17400.00 SH OTHER Client 17400.00 SHINSEI BANK LTD COM J7385L103 961 957960.00SH SOLE 946960.00 11000.00 SOUTHERN CO COM COM 842587107 1190 25700.00 SH SOLE 16350.00 9350.00 238 5150.00 SH OTHER Client 200.00 4950.00 SOUTHERN NATIONAL BANCORP OF V COM 843395104 1086 178100.00SH SOLE 158900.00 19200.00 SPDR GOLD TRUST COM 78463V107 9634 63386.00 SH SOLE 48011.00 15375.00 154 1015.00 SH OTHER Client 965.00 50.00 SPECTRA ENERGY CORP. COM 847560109 23835 775132.31SH SOLE 706882.31 68250.00 211 6865.00 SH OTHER Client 3604.00 3261.00 SRITHAI SUPERWARE PUB C-NVDR COM y8136v138 6 32000.00 SH SOLE 32000.00 ST JUDE MEDICAL INC COM 790849103 233 6800.00 SH SOLE 6800.00 SUBSEA 7 S A SPONSORED ADR COM 864323100 24480 1315424.48SH SOLE 1244540.00 70884.48 SUNOCO LOGISTICS PARTNERS LP U COM 86764L108 378 9600.00 SH SOLE 9600.00 SYSCO CORP COM COM 871829107 13527 461188.91SH SOLE 458738.91 2450.00 SYSTEMAX INC COM 871851101 179 10900.00 SH SOLE 10900.00 TARGET CORP COM COM 87612E106 609 11886.00 SH SOLE 3900.00 7986.00 TECO ENERGY INC COM 872375100 309 16150.00 SH SOLE 16150.00 TEVA PHARMAC.IND.ADR COM 881624209 1197 29664.00 SH SOLE 28550.00 1114.00 84 2075.00 SH OTHER Client 2075.00 THE HERSHEY CO. COM 427866108 263 4250.00 SH SOLE 3000.00 1250.00 THE TRAVELERS COMPANIES, INC COM 89417e109 510 8626.00 SH SOLE 2900.00 5726.00 TITAN ENERGY WORLDWIDE COM NEW COM 88828r204 6 183761.00SH SOLE 183761.00 TORCHMARK CORP COM COM 891027104 1237 28500.00 SH SOLE 27600.00 900.00 TORONTO-DOMINION BK COM 891160509 1607 21478.00 SH SOLE 21478.00 TOTAL FINA ELF S A ADR COM 89151E109 2065 40403.00 SH SOLE 38105.00 2298.00 142 2780.00 SH OTHER Client 2680.00 100.00 TRACTOR SUPPLY CO COM COM 892356106 314 4480.00 SH SOLE 3700.00 780.00 TYCO INTL LTD COM H89128104 555 11890.00 SH SOLE 10865.00 1025.00 143 3064.00 SH OTHER Client 3064.00 UNION PAC CORP COM 907818108 28096 265203.00SH SOLE 255069.00 10134.00 233 2200.00 SH OTHER Client 2200.00 UNITED HEALTH GROUP COM 91324P102 351 6927.00 SH SOLE 6177.00 750.00 UNITED PARCEL SERV.B COM 911312106 254 3470.00 SH SOLE 2750.00 720.00 UNITED TECHNOLOGIES CP COM 913017109 2355 32220.00 SH SOLE 32220.00 US BANCORP DEL COM COM 902973304 46218 1708608.91SH SOLE 1595790.55 112818.36 62 2300.00 SH OTHER Client 2100.00 200.00 VERIZON COMM. COM 92343V104 23721 591244.12SH SOLE 562908.12 28336.00 323 8050.00 SH OTHER Client 2700.00 5350.00 VIACOM INC CL B COM 92553p201 940 20700.00 SH SOLE 20700.00 VICAL INC COM 925602104 53 12000.00 SH SOLE 12000.00 VODAFONE GR.PLC ADR COM 92857W209 1157 41289.00 SH SOLE 41071.00 218.00 WABTEC CORPORATION COM 929740108 23625 337743.00SH SOLE 323343.00 14400.00 WAL MART STORES INC COM 931142103 14217 237897.35SH SOLE 235703.35 2194.00 WALGREEN CO COM COM 931422109 705 21312.00 SH SOLE 21312.00 WATERS CORPORATION COM 941848103 57722 779504.00SH SOLE 739889.00 39615.00 WELLS FARGO & CO NEW COM 949746101 3166 114869.00SH SOLE 106473.00 8396.00 WILEY JOHN & SONS CLA COM 968223206 2540 57202.00 SH SOLE 57010.00 192.00 WILLIAMS COS INC DEL COM 969457100 46180 1398538.00SH SOLE 1340054.00 58484.00 94 2850.00 SH OTHER Client 2850.00 WILLIAMS PARTNERS LP COM UNIT COM 96950f104 909 15156.00 SH SOLE 378.00 14778.00 WOODWARD INC COM COM 980745103 4081 99696.00 SH SOLE 83616.00 16080.00 249 6090.00 SH OTHER Client 6040.00 50.00 ZIMMER HOLDINGS INC. COM 98956P102 415 7761.00 SH SOLE 7721.00 40.00 CITIGROUP CAP XIII PFD 7.875% PFD 173080201 235 9000 SH SOLE 4000 5000 CONSOLIDATED EDISON NY PFD SER PFD 209111301 452 4500 SH SOLE 4500 INVESCO VAN KAMPEN INV GRAD NY PFD 46131T200 425 17 SH SOLE 17 ROYAL BK SCOTLAND GRP SPON ADR PFD 780097804 192 11300 SH SOLE 11300 SOURCE CAPITAL INC - PFD PFD 836144204 1014 29216 SH SOLE 28616 600 94 2700 SH OTHER Client 2700 TRI CONTL CORP PFD $2.50 PFD 895436202 1384 29503 SH SOLE 28303 1200 150 3200 SH OTHER Client 3200 US BANCORP DEL PFD1/1000SER D PFD 902973882 213 7803 SH SOLE 7803 VORNADO RLTY TR PFD E 7.00% PFD 929042604 674 26580 SH SOLE 22380 4200 81 3190 SH OTHER Client 3190 ISHARES MSCI EMERGING MKT IN 464287234 530 13958.161SH SOLE 7833.161 6125.000 ISHARES MSCI SOUTH KOREA INDEX 464286772 390 7457.432 SH SOLE 5357.432 2100.000 ISHARES MSCI TAIWAN INDEX FUND 464286731 333 28457.141SH SOLE 24657.141 3800.000 ISHARES TR S&P LTN AM 40 464287390 361 8475.000 SH SOLE 4900.000 3575.000 ALLIANCE NEW YORK MUNI INC 018714105 199 13000.000SH SOLE 13000.000 CAPITAL INCOME BLDR FD SH BEN 140193103 226 4590.067 SH SOLE 4590.067 EATON VANCE MUT FDS TR GOVT OB 277911103 75 10000.000SH SOLE 10000.000 FEDERATED EQUITY FDS COM 314172644 70 15102.877SH SOLE 12131.843 2971.034 FIDELITY CAPITAL & INCOME FD 316062108 899 103643.625SH SOLE 62464.616 41179.009 FIDELITY CONTRA FUND COM 316071109 510 7566.854 SH SOLE 7335.423 231.431 FRANKLIN MUTUAL QUALIFIED-Z 628380206 849 52272.222SH SOLE 15571.287 36700.935 LORD ABBET INCT TR SH DURA INC 543916688 205 45064.498SH SOLE 45064.498 VANGUARD FXD INC SECS STRM INV 922031836 2935 275824.846SH SOLE 275824.846 VANGUARD HIGH YIELD CORP-INV 922031208 96 16937.466SH SOLE 16937.466 VANGUARD N Y TXFREE FD LONG TA 92204H301 255 22330.031SH SOLE 22330.031 VANGUARD ST CORP INV 922031406 187 17547.017SH SOLE 17547.017 ASIAN SELECT EQUITY INVEST. PA ASIAN 675 250000.00SH SOLE 250000.00 ASIAN SELECT EQUITY INVEST. PA ASIAN1 147 182075.00SH SOLE 182075.00 55 67925.00 SH OTHER Client 67925.00 SANOFI CONTGNT VAL RT 80105n113 961 800600.000SH SOLE 751850.000 48750.000 BANK OF AMERICA CORP WT EXP 01 WT 060505146 151 74950.00 SH SOLE 41450.00 33500.00 4 1800.00 SH OTHER Client 1800.00 BANK OF AMERICA CORP WT EXP 10 WT 060505153 39 126900.00SH SOLE 62400.00 64500.00 2 5000.00 SH OTHER Client 5000.00 DIME BANCORP INC NEW WT EXP 12 WT 25429Q110 55 68784.00 SH SOLE 52984.00 15800.00 HERALD NATIONAL BANK WARRANTS WT 42703q112 0 15000.00 SH SOLE 15000.00 JPMORGAN CHASE & CO WT EXP 102 WT 46634e114 686 80675.00 SH SOLE 63175.00 17500.00 9 1000.00 SH OTHER Client 1000.00 WELLS FARGO & CO NEW WT EXP 10 WT 949746119 470 54800.00 SH SOLE 31600.00 23200.00 GRAINCORP COM 6102331 1574 196100.00SH SOLE 196100.00 BMFBOVESPA S.A. BO COM B2RHNV9 409 77945.00 SH SOLE 77945.00 DIAGNOSTICOS DA AM COM B03WBK9 689 83000.00 SH SOLE 83000.00 BROOKFIELD ASSET MGMT CL A LTD COM 2092599 4562 165900.00SH SOLE 165900.00 HUNTINGDON RL EST INVT TR UNIT COM B06C9Z7 5549 707250.00SH SOLE 707250.00 IMPERIAL OIL LTD COM NEW COM 2454241 378 8500.00 SH SOLE 8500.00 KINROSS GOLD CORP COM NO PAR COM B03Z841 1095 96000.00 SH SOLE 96000.00 PETROAMERICA OIL CORP COM COM 2173858 146 1418800.00SH SOLE 1418800.00 PETROMANAS ENERGY INC COM COM 71672A105 398 2651700.00SH SOLE 2651700.00 SUNCOR ENERGY INC NEW COM COM b3nb1p2 1635 56736.71 SH SOLE 56736.71 VITERRA INC COM COM B06WVL7 1517 144000.00SH SOLE 144000.00 HUNTINGDON CAP CORP WT EXP 123 WT 44586V119 0 14000.00 SH SOLE 14000.00 DUFRY AG COM b0r80x9 1127 12224.00 SH SOLE 12224.00 NESTLE SA COM 7123870 473 8220.00 SH SOLE 8220.00 SWATCH GROUP COM 7184725 2286 6100.00 SH SOLE 6100.00 ANGLO AMERICAN COM B1XZS82 370 10000.00 SH SOLE 10000.00 TESCO COM 0884709 1016 162000.00SH SOLE 162000.00 CHEUNG KONG(HLDGS) COM 6190273 1363 114600.00SH SOLE 114600.00 GUOCO GROUP COM 6390363 1590 171000.00SH SOLE 171000.00 HANG LUNG PROP COM 6030506 1152 405000.00SH SOLE 405000.00 HENDERSON LAND DEV COM 6420538 1299 261449.00SH SOLE 261449.00 HOPEWELL HOLDINGS LTD. COM 6140290 293 114500.00SH SOLE 114500.00 MINTH GRP COM B0RJCG9 361 385000.00SH SOLE 385000.00 VALUE PARTNERS GP COM B28XTQ3 1385 2704000.00SH SOLE 2704000.00 WHEELOCK & COMPANY COM 6981488 1491 602000.00SH SOLE 602000.00 ARAB BANK COM B074509 921 83070.00 SH SOLE 83070.00 FANUC LTD COM 6356934 1500 9800.00 SH SOLE 9800.00 FAST RETAILING CO COM 6332439 200 1100.00 SH SOLE 1100.00 KEYENCE CORP COM 6490995 675 2800.00 SH SOLE 2800.00 KYOCERA CORP COM 6499260 450 5600.00 SH SOLE 5600.00 SHISEIDO CO LTD COM 6805265 515 28000.00 SH SOLE 28000.00 TOYOTA INDUSTRIES COM 6900546 1900 69800.00 SH SOLE 69800.00 UNIVERSAL ENT CORP COM 6126892 844 30500.00 SH SOLE 30500.00 LG CORP COM 6537030 282 5300.00 SH SOLE 5300.00 GENTING BHD COM B1VXJL8 1024 294900.00SH SOLE 294900.00 INVESTOR AB COM 5679579 1260 70400.00 SH SOLE 70400.00 GLOBAL LOGISTIC PR COM b4kjws6 438 324000.00SH SOLE 324000.00 PANIN FINANCIAL TBK COM 6671422 1247 98336000.00SH SOLE 98336000.00 PANIN FINANCIAL WT b70f8h6 43 14048000.00SH SOLE 14048000.00