The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ALLEGHANY CORP DEL COM 017175100 164 417 SH   DFND 1 417 0 0
ALTRIA GROUP INC COM 02209S103 3,869 112,585 SH   DFND 1 112,585 0 0
AMERICAN EXPRESS CO COM 025816109 101 1,500 SH   DFND 1 1,500 0 0
APACHE CORP COM 037411105 139 1,800 SH   DFND 1 1,800 0 0
APPLE INC COM 037833100 11 25 SH   DFND 1 25 0 0
AT&T INC COM 00206R102 428 11,703 SH   DFND 1 11,703 0 0
ANADARKO PETE CORP COM 032511107 1,532 17,550 SH   DFND 1 17,550 0 0
BANK NEW YORK MELLON CORP COM 064058100 486 17,387 SH   DFND 1 17,387 0 0
BERKSHIRE HATHAWAY INC DEL CL B 084670702 10,077 96,825 SH   DFND 1 96,825 0 0
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 511 14,000 SH   DFND 1 14,000 0 0
CARNIVAL CORP PAIRED CTF 143658300 268 7,800 SH   DFND 1 7,800 0 0
CHEVRON CORP COM 166764100 119 1,000 SH   DFND 1 1,000 0 0
CITIGROUP INC COM 172967424 17,388 393,035 SH   DFND 1 393,035 0 0
CVS CAREMARK CORP COM 126650100 5,971 108,600 SH   DFND 1 108,600 0 0
DR PEPPER SNAPPLE GROUP INC COM 26138E109 174 3,724 SH   DFND 1 3,724 0 0
EBAY INC COM 278642103 470 8,679 SH   DFND 1 8,679 0 0
EXELON CORP COM 30161N101 55 1,600 SH   DFND 1 1,600 0 0
EXXON MOBIL CORP COM 30231G102 238 2,640 SH   DFND 1 2,640 0 0
GOOGLE INC CL A 38259P508 14,769 18,610 SH   DFND 1 18,610 0 0
HEINZ HJ CO COM 423074103 285 3,945 SH   DFND 1 3,945 0 0
INTERNATIONAL BUSINESS MACHINES CORP COM 459200101 256 1,200 SH   DFND 1 1,200 0 0
JOHNSON & JOHNSON COM 478160104 400 4,910 SH   DFND 1 4,910 0 0
KEYCORP COM 493267108 94 9,476 SH   DFND 1 9,476 0 0
KIMBERLY-CLARK CORP COM 494368103 37 375 SH   DFND 1 375 0 0
LABATORY CORP AMER HLDGS COM 50540R409 447 4,950 SH   DFND 1 4,950 0 0
LEUCADIA NATL CORP COM 527288104 4,058 148,054 SH   DFND 1 148,054 0 0
LOCKHEED MARTIN CORP COM 539830109 28 300 SH   DFND 1 300 0 0
LORILLARD INC COM 544147101 145 3,600 SH   DFND 1 3,600 0 0
MARSH & MCLENNAN COS INC COM 571748102 6,762 178,115 SH   DFND 1 178,115 0 0
MERCK & CO INC COM 58933Y105 322 7,300 SH   DFND 1 7,300 0 0
MICROSOFT CORP COM 594918104 21,522 752,389 SH   DFND 1 752,389 0 0
MOSAIC CO COM 61945C103 1,320 22,170 SH   DFND 1 22,170 0 0
NEWMOUNT MINING CORP COM 651639106 81 1,950 SH   DFND 1 1,950 0 0
NORTHERN TR CORP COM 665859104 3,343 61,295 SH   DFND 1 61,295 0 0
PAYCHEX INC COM 704326107 227 6,488 SH   DFND 1 6,488 0 0
PFIZER INC COM 717081103 98 3,400 SH   DFND 1 3,400 0 0
PHILIP MORRIS INTL INC COM 718172109 7,808 84,225 SH   DFND 1 84,225 0 0
PRAXAIR INC COM 74005P104 4,478 40,150 SH   DFND 1 40,150 0 0
PROCTOR & GAMBLE CO COM 742718109 54 701 SH   DFND 1 701 0 0
QUALCOMM INC COM 747525103 80 1,200 SH   DFND 1 1,200 0 0
QUEST DIAGNOSTICS INC COM 74834L100 113 2,000 SH   DFND 1 2,000 0 0
REYNOLDS AMERICAN INC COM 761713106 673 15,136 SH   DFND 1 15,136 0 0
SPRINT NEXTEL CORP COM SER 1 852061100 174 28,000 SH   DFND 1 28,000 0 0
SYMANTEC CORP COM 871503108 79 3,200 SH   DFND 1 3,200 0 0
UNION PAC CORP COM 907818108 128 901 SH   DFND 1 901 0 0
UNITEDHEALTH GRP INC COM 91324P102 1,881 32,900 SH   DFND 1 32,900 0 0
UTD PARCEL SERV INC CL B 911312106 850 9,900 SH   DFND 1 9,900 0 0
UNITED TECHNOLOGIES CORP COM 913017109 236 2,530 SH   DFND 1 2,530 0 0
VARIAN MEDICAL SYS INC COM 92220P105 10,272 142,680 SH   DFND 1 142,680 0 0
WATERS CORP COM 941848103 10,906 116,190 SH   DFND 1 116,190 0 0