13F-HR 1 d321653_13f.txt DIANA H. CRUMAY - QTR ENDED MARCH 31, 2002 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F Cover Page Report for the Calendar Year or Quarter Ended March 31, 2002 Check here if Amendment: |_|; Amendment Number: ____ This Amendment (Check only one): |_| is a restatement |_| adds new holding entries. Institutional Manager Filing this Report: Name: Gardner Russo & Gardner Address: 223 East Chestnut Street Lancaster, PA 17602 13F File Number: 28-2635 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Diana H. Crumay Title: Office Administrator Phone: (717) 299-1385 Signature, Place and Date of Signing: /s/ Diana H. Crumay Lancaster, PA May 2, 2002 ----------------------- -------------------------- ---------------------- [Signature] [City, State] [Date] Report Type: (Check only one): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report). [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting managers(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: [If there are no entries in this list, omit this section.] Form 13F File Number Name 28- ----------------------- -------------------------- [Repeat as necessary.] Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 393 Form 13F Information Table Value Total: $1,710,243 (thousands) List of Other Included Managers: None Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] FORM 13F INFORMATION TABLE (ITEM 1) (ITEM 2) (ITEM 3) (ITEM 4) (ITEM 5) (ITEM 6) (ITEM 7) (ITEM 8) INVESTMENT DISCRETION VOTING AUTHORITY TITLE FAIR SHARES OR OF CUSIP MARKET PRINCIPAL SOLE SHARED OTHER OTHER SOLE SHARED NONE NAME OF ISSUER CLASS NUMBER VALUE AMOUNT (A) (B) (C) MGR MRGS (A) (B) (C) ALTADIS SA COMMON A011040 1,549,550 85,000 X 0 0 85,000 MICROPORE INC "C" PFD CONVERT BLANK 11,550 550 X 0 0 550 PERNOD RICARD S A ORD COMMON F72027109 2,257,511 28,350 X 0 0 28,350 BRITISH AMERICAN TOBACCO PLC COMMON G1510J102 624,650 65,000 X 0 0 65,000 CADBURY SCHWEPPES ORD COMMON G17444152 518,250 75,000 X 0 0 75,000 FIRST PAC LTD ORD COMMON G34804107 15,574 111,245 X 0 0 111,245 DIAGEO PLC COMMON G42089113 42,396,100 3,243,772 X 0 0 3,243,772 HSBC HLDGS PLC ORD COMMON G4634U169 115,400 10,000 X 0 0 10,000 SCOT ANNTY & LIFE HLDG ORD COMMON G7885T104 19,000 1,000 X 0 0 1,000 WEETABIX CL A ORD COMMON G95190107 55,438,849 1,588,961 X 0 0 1,588,961 NESTLE REG COMMON H57312466 2,827,261 12,740 X 0 0 12,740 PARGESA HOLDING AG - B COMMON H60477132 1,522,290 700 X 0 0 700 MILLICOM INTL CELLULAR COMMON L6388F102 685 102 X 0 0 102 SCHIBSTED A/S COMMON MS164618 1,337,975 122,750 X 0 0 122,750 MILLICOM INC ESCROW RTS WARRANT M347459 0 33,500 X 0 0 33,500 HEINEKEN HLDG N V ORD-A COMMON N39338152 82,622,110 2,712,479 X 0 0 2,712,479 TELEGRAAF HOLDING CVA COMMON N41207114 68,948,906 3,832,624 X 0 0 3,832,624 SWEDISH MATCH AB COMMON W92277115 9,077,250 1,365,000 X 0 0 1,365,000 AMERICAN LIFE INSURANCE COMMON Y01158107 74,400 240,000 X 0 0 240,000 FLEXTRONICS INTL LTD ORD COMMON Y2573F102 10,950 600 X 0 0 600 ACNB CORP COMMON 868109 14,240 800 X 0 0 800 ACT MFG INC COMMON 973107 84 400 X 0 0 400 AFLAC INC COMMON 1055102 102,660 3,480 X 0 0 3,480 AES CORP COMMON 00130H105 36,000 4,000 X 0 0 4,000 AIM EQUITY FDS INC BLUE CHIP MUTUAL 1413855 3,381 293 X 0 0 293 AOL TIME WARNER COMMON 00184A105 102,878 4,350 X 0 0 4,350 AT & T CORP COMMON 1957109 91,170 5,807 X 0 0 5,807 AT & T WIRELESS COMMON 00209A106 15,501 1,732 X 0 0 1,732 AASTROM BIOSCIENCES INC COMMON 00253U107 730 1,000 X 0 0 1,000 ABBOTT LABS COMMON 2824100 1,932,261 36,735 X 0 0 36,735 ACETO CORP COMMON 4446100 38,082 3,300 X 0 0 3,300 AGILENT TECHNOLOGIES INC COMMON 00846U101 6,992 200 X 0 0 200 AIR PRODS & CHEMS INC COMMON 9158106 51,650 1,000 X 0 0 1,000 ALBERTSONS INC COMMON 13104104 1,922,120 58,000 X 0 0 58,000 ALCOA INC COMMON 13817101 3,302,175 87,498 X 0 0 87,498 ALICO INC COMMON 16230104 11,648 400 X 0 0 400 ALLEGHANY CORP COMMON 17175100 184,688 985 X 0 0 985 ALLIED IRISH BKS ADR COMMON 19228402 100,800 4,200 X 0 0 4,200 ALLSTATE CORP COMMON 20002101 6,950 184 X 0 0 184 AMERADA HESS CORP COMMON 23551104 5,194,112 65,450 X 0 0 65,450 AMERICAN EXPRESS CO COMMON 25816109 3,757,179 91,728 X 0 0 91,728 AMERICAN INTL GROUP INC COMMON 26874107 59,075,807 818,905 X 0 0 818,905 AMERICAN SATELLITE NET WORK 06/ WARRANT 02937P116 0 40,830 X 0 0 40,830 AMERICAN TOWER CORP CLA COMMON 29912201 545,050 99,100 X 0 0 99,100 AMERICAN WTR WKS INC COMMON 30411102 43,800 1,000 X 0 0 1,000 AMERICAN WOODMARK CORP COMMON 30506109 63,080 1,000 X 0 0 1,000 AMGEN INC COMMON 31162100 74,003 1,240 X 0 0 1,240 AMSOUTH BANCORPORATION COMMON 32165102 362,670 16,500 X 0 0 16,500 ANADARKO PETE CORP COMMON 32511107 20,544 364 X 0 0 364 ANHEUSER-BUSCH COS INC COMMON 35229103 7,464,548 142,999 X 0 0 142,999 APPLERA CORP CELERA GEN COMMON 38020202 12,330 600 X 0 0 600 APPLIED MATLS INC COMMON 38222105 48,843 1,800 X 0 0 1,800 APTARGROUP INC COMMON 38336103 761,496 21,726 X 0 0 21,726 ARCHER DANIELS MIDLAND COMMON 39483102 36,566 2,625 X 0 0 2,625 ARCTIC CAT INC COMMON 39670104 296,205 14,700 X 0 0 14,700 ARMSTRONG HOLDINGS COMMON 42384107 1,507 483 X 0 0 483 AUTOMATIC DATA PROCESSING COMMON 53015103 1,456,750 25,000 X 0 0 25,000 AVON PRODUCTS INC COMMON 54303102 21,728 400 X 0 0 400 AXA ADR SPONSORED COMMON 54536107 1,243,730 55,400 X 0 0 55,400 BB&T CORP COMMON 54937107 368,943 9,681 X 0 0 9,681 BP PLC ADR COMMON 55622104 1,706,422 32,136 X 0 0 32,136 BNY CAP III PFD SECS SERD PREFERR 05563W206 48,520 2,000 X 0 0 2,000 BANK AMER CORP COMMON 60505104 80,264 1,180 X 0 0 1,180 BANK ONE CORP COMMON 06423A103 27,073 648 X 0 0 648 PARTRIDGE FINE ART ORD COMMON 673231 756,382 900,455 X 0 0 900,455 BARCLAYS BK PLC ADR 8.0% CV PREFERR 06738C836 13,218 526 X 0 0 526 BAXTER INTL INC COMMON 71813109 17,856 300 X 0 0 300 READYMIX ORD COMMON 726782 3,816,540 3,029,000 X 0 0 3,029,000 BELLSOUTH CORP COMMON 79860102 315,448 8,558 X 0 0 8,558 BELO A H CORP COMMON 80555105 1,650,750 71,000 X 0 0 71,000 BERKSHIRE HATHAWAY COMMON 84670108 125,491,500 1,765 X 0 0 1,765 BERKSHIRE HATHAWAY CLB COMMON 84670207 14,164,251 5,979 X 0 0 5,979 BLOCK H & R INC COMMON 93671105 58,631,772 1,319,050 X 0 0 1,319,050 DAILY MAIL & GEN TST-A COMMON 945736 732,530 69,500 X 0 0 69,500 BOEING CO COMMON 97023105 28,950 600 X 0 0 600 BRISTOL MYERS SQUIBB CO COMMON 110122108 764,694 18,886 X 0 0 18,886 BROWN-FORMAN CORP CL A COMMON 115637100 34,053,438 467,767 X 0 0 467,767 BROWN-FORMAN CORP CL B COMMON 115637209 14,213,666 195,350 X 0 0 195,350 BURLINGTON RESOURCES INC COMMON 122014103 20,045 500 X 0 0 500 CDI CORPORATION COMMON 125071100 649,485 28,300 X 0 0 28,300 CALEDONIA FINANCIAL CORP COMMON 129267100 222,337 6,050 X 0 0 6,050 CALLAWAY GOLF CO COMMON 131193104 96 5 X 0 0 5 CAMPBELL SOUP CO COMMON 134429109 109,880 4,100 X 0 0 4,100 CAPITOL FED FINL COMMON 14057C106 226,900 10,000 X 0 0 10,000 CARLISLE COMPANIES INC COMMON 142339100 1,866,931 42,702 X 0 0 42,702 CENTRAL VT PUB SVC CORP PREFERR 155771306 2,644 50 X 0 0 50 CERTEGY INC COMMON 156880106 440,670 11,100 X 0 0 11,100 CHEVRONTEXACO CORP COMMON 166764100 551,550 6,110 X 0 0 6,110 CHOICEPOINT INC COMMON 170388102 34,560 600 X 0 0 600 CINCINNATI FINL CORP COMMON 172062101 17,464 400 X 0 0 400 CISCO SYS INC COMMON 17275R102 16,930 1,000 X 0 0 1,000 CITIGROUP COMMON 172967101 30,631,388 618,566 X 0 0 618,566 CLAYTON HOMES INC COMMON 184190106 959,775 57,300 X 0 0 57,300 CLIPPER FD INC MUTUAL 188850101 11,302 128 X 0 0 128 CLOROX CO COMMON 189054109 34,904 800 X 0 0 800 COCA-COLA CO COMMON 191216100 1,799,207 34,428 X 0 0 34,428 COLGATE PALMOLIVE CO COMMON 194162103 280,035 4,900 X 0 0 4,900 COMCAST CORP COMMON 200300101 30,105 900 X 0 0 900 COMCAST CORP CL A SPL COMMON 200300200 43,642,956 1,372,420 X 0 0 1,372,420 COMERICA INC COMMON 200340107 280,626 4,485 X 0 0 4,485 COMMONWEALTH TEL ENTER PR COMMON 203349105 55,080 1,440 X 0 0 1,440 COMMUNITY FIRST BANKSH ARES COMMON 203902101 118,697 4,590 X 0 0 4,590 CONOCO INC COM COMMON 208251504 692,471 23,731 X 0 0 23,731 CONSOLIDATED EDISON PFD PREFERR 209111707 37,600 500 X 0 0 500 CORBY DISTILLERIES CLB COMMON 218343200 843,658 22,600 X 0 0 22,600 CORNING INC COMMON 219350105 4,572 600 X 0 0 600 CORPORATE OFFICE PPTYS COMMON 22002T108 32,750 2,500 X 0 0 2,500 COSTCO WHSL CORP NEW COMMON 22160K105 615,219 15,450 X 0 0 15,450 COX COMMUNICATIONS CLA COMMON 224044107 308,648 8,200 X 0 0 8,200 CRANE COMMON 224399105 6,311,658 230,858 X 0 0 230,858 CYPRESS SEMICONDUCTOR CORP COMMON 232806109 4,600 200 X 0 0 200 DEAN FOODS INC NEW COMMON 242370104 102,449 2,706 X 0 0 2,706 DEERE & CO COMMON 244199105 277,855 6,100 X 0 0 6,100 DELAWARE GROUP DEL FD INC MUTUAL 246093108 32,124 2,004 X 0 0 2,004 DIAGEO PLC SPONSORED ADR COMMON 25243Q205 5,834,139 111,190 X 0 0 111,190 DIGENE CORP COMMON 253752109 78,650 2,200 X 0 0 2,200 DIMON INC COMMON 254394109 3,457,245 501,050 X 0 0 501,050 DISNEY WALT PRODTNS COMMON 254687106 3,178,416 137,713 X 0 0 137,713 DONNELLEY R R & SONS CO COMMON 257867101 6,220 200 X 0 0 200 DOVER CORP COMMON 260003108 5,311,755 129,555 X 0 0 129,555 DOW JONES & CO INC COMMON 260561105 483,226 8,300 X 0 0 8,300 DU-ART FILM LABORATORIES COMMON 262507106 34,100 310 X 0 0 310 DU PONT E I DE NEMOURS COMMON 263534109 478,431 10,147 X 0 0 10,147 EDO CORP COMMON 281347104 108,040 4,000 X 0 0 4,000 EDWARDS A G INC COMMON 281760108 18,692 425 X 0 0 425 EMERSON ELEC CO COMMON 291011104 164,135 2,860 X 0 0 2,860 ENCORE WIRE CORP COMMON 292562105 215,280 13,000 X 0 0 13,000 EQUIFAX INC COMMON 294429105 663,780 22,200 X 0 0 22,200 EQUITY RESID PPTYS TR DEP PREFERR 29476L800 5,194 200 X 0 0 200 ERICSSON LM TEL ADR CLB COMMON 294821400 31,350 7,500 X 0 0 7,500 ESCO TECHNOLOGIES INC COMMON 296315104 345,676 8,900 X 0 0 8,900 EVERGREEN SEL PLUS FD-I MUTUAL 299908301 47,457 8,660 X 0 0 8,660 EVERGREEN INTER MUNI CLI MUTUAL 299908509 198,290 3,317 X 0 0 3,317 EVERGREEN SEL LTD DUR-I MUTUAL 299908608 250,249 24,202 X 0 0 24,202 EVERGREEN PA MUNI BD CLY MUTUAL 300326402 1,757,194 157,173 X 0 0 157,173 EXPEDITORS INTL WASH INC COMMON 302130109 938,180 15,380 X 0 0 15,380 EXXON MOBIL CORPORATION COMMON 30231G102 6,558,108 149,626 X 0 0 149,626 FPL GROUP INC COMMON 302571104 17,865 300 X 0 0 300 FREDDIE MAC COMMON 313400301 20,413,441 322,131 X 0 0 322,131 FEDERAL NAT MORTGAGE ASSN COMMON 313586109 163,754 2,050 X 0 0 2,050 FEDEX CORP COMMON 31428X106 116,200 2,000 X 0 0 2,000 FIFTH THIRD BANCORP COMMON 316773100 2,155,311 31,940 X 0 0 31,940 FIRST CHESTER CNTY CORP COMMON 31947W100 816,375 52,500 X 0 0 52,500 FIRST DATA CORP COMMON 319963104 205,037 2,350 X 0 0 2,350 FIRST TENN NATL CORP COMMON 337162101 11,566 330 X 0 0 330 FLEETBOSTON FINANCIAL COMMON 339030108 38,780 1,108 X 0 0 1,108 FLEMING COS INC COMMON 339130106 17,920 800 X 0 0 800 FORD MTR CO DEL COMMON 345370860 24,719 1,499 X 0 0 1,499 FORTUNE BRANDS INC COMMON 349631101 9,874 200 X 0 0 200 FULTON FINL CORP COMMON 360271100 1,238,528 49,462 X 0 0 49,462 GALLAHER GROUP PLC SPS ADR COMMON 363595109 15,430 500 X 0 0 500 GANNETT INC DEL COMMON 364730101 10,564,202 138,820 X 0 0 138,820 G A P INC COMMON 364760108 30,080 2,000 X 0 0 2,000 GENERAL DYNAMICS CORP COMMON 369550108 1,738,075 18,500 X 0 0 18,500 GENERAL ELEC CO COMMON 369604103 3,501,575 93,500 X 0 0 93,500 GENERAL MILLS INC COMMON 370334104 30,385 622 X 0 0 622 GENERAL MTRS CORP COMMON 370442105 120,900 2,000 X 0 0 2,000 GENZYME CORP COMMON 372917104 8,734 200 X 0 0 200 GETTY RLTY CORP COMMON 374297109 181,533 9,656 X 0 0 9,656 GETTY RLTY PFD CONV PART A CONVERT 374297208 208,350 9,000 X 0 0 9,000 GILLETTE CO COMMON 375766102 180,253 5,300 X 0 0 5,300 GLATFELTER P H CO COMMON 377316104 190,164 10,600 X 0 0 10,600 GLAXOSMITHKLINE PLC ADR COMMON 37733W105 193,875 4,125 X 0 0 4,125 GRAINGER W W INC COMMON 384802104 112,460 2,000 X 0 0 2,000 GREAT ATLANTIC & PAC TEA CONVERT 390064202 4,940 200 X 0 0 200 GREY GLOBAL GROUP INC COMMON 39787M108 1,021,500 1,500 X 0 0 1,500 GROUP 1 SOFTWARE INC NEW COMMON 39943Y103 376,650 27,000 X 0 0 27,000 GROUPE DANONE ADR SPONS COMMON 399449107 1,414,890 59,700 X 0 0 59,700 JOHN HANCOCK FINANCIAL S VCS COMMON 41014S106 6,034 158 X 0 0 158 HARLEYSVILLE NATL CORP P A COMMON 412850109 2,702 116 X 0 0 116 HARTE HANKS INC COMMON 416196103 474,600 15,000 X 0 0 15,000 HARTFORD FINL SVCS GRP COMMON 416515104 17,030 250 X 0 0 250 HASBRO INC COMMON 418056107 38,506,370 2,434,031 X 0 0 2,434,031 HEALTHEXTRAS INC COMMON 422211102 10,880 4,000 X 0 0 4,000 HEINEKEN NV UNSPONS ADR COMMON 423012202 3,850,134 94,505 X 0 0 94,505 HEINZ H J COMPANY COMMON 423074103 101,675 2,450 X 0 0 2,450 DAGBLADET NWKR COMMON 4250135 5,456,873 120,754 X 0 0 120,754 HERSHEY FOODS CORP COMMON 427866108 292,666 4,270 X 0 0 4,270 HILLENBRAND INDS INC COMMON 431573104 2,127,837 34,526 X 0 0 34,526 HITACHI LTD ADR COMMON 433578507 7,355 100 X 0 0 100 HOLLINGER INTL INC CLA COMMON 435569108 2,974,148 226,861 X 0 0 226,861 HOME DEPOT INC COMMON 437076102 1,515,660 31,180 X 0 0 31,180 HORMEL FOODS CORP COMMON 440452100 12,868,175 470,500 X 0 0 470,500 HOUSEHOLD INTL CORP COMMON 441815107 25,288,326 445,217 X 0 0 445,217 HUTTIG BLDG PRODS INC COMMON 448451104 22,110 3,991 X 0 0 3,991 TAMEDIA AG COMMON 4498816 1,603,602 23,100 X 0 0 23,100 IMS HEALTH INC COMMON 449934108 148,170 6,600 X 0 0 6,600 ISTAR FINL INC COMMON 45031U101 14,450 500 X 0 0 500 ISTAR FINL INC PFD SERD PREFERR 45031U408 13,740 600 X 0 0 600 ILLINOIS TOOL WORKS INC COMMON 452308109 28,940 400 X 0 0 400 IMAGISTICS INTL INC COMMON 45247T104 12,720 800 X 0 0 800 NEUE ZUERCHER ZEIT COMMON 4575827 437,907 6 X 0 0 6 INTEL CORP COMMON 458140100 1,199,005 39,428 X 0 0 39,428 I B M COMMON 459200101 312,000 3,000 X 0 0 3,000 INTL FLAVORS & FRAGRAN CES COMMON 459506101 482,586 13,800 X 0 0 13,800 INT'L MULTIFOODS CRP COMMON 460043102 415,800 17,500 X 0 0 17,500 INTERNAT'L SPEEDWAY CLA COMMON 460335201 11,425 250 X 0 0 250 INTERNAT'L SPEEDWAY CLB COMMON 460335300 13,504,172 296,795 X 0 0 296,795 INTERPUBLIC GROUP COS COMMON 460690100 174,828 5,100 X 0 0 5,100 IPRINT TECHNOLOGIES INC COMMON 462628108 84 600 X 0 0 600 ISHARES TR S&P MDCP400 I DX MUTUAL 464287507 10,795 100 X 0 0 100 ISHARES TR S&P SMCP600 I DX MUTUAL 464287804 12,249 100 X 0 0 100 JEFFERSON PILOT CORP COMMON 475070108 50,681 1,012 X 0 0 1,012 JOHNSON & JOHNSON COMMON 478160104 2,348,202 36,154 X 0 0 36,154 TABAK KUTNA HORA AS COMMON 4874546 7,026,476 30,224 X 0 0 30,224 KIMBERLY CLARK CORP COMMON 494368103 523,148 8,092 X 0 0 8,092 KNIGHT RIDDER COMMON 499040103 68,690 1,000 X 0 0 1,000 KONINKLIJKE AHOLD NV ADR COMMON 500467303 353,160 13,500 X 0 0 13,500 KRAFT FOODS INC CL A COMMON 50075N104 34,085,435 881,900 X 0 0 881,900 KROGER CO COMMON 501044101 493,060 22,250 X 0 0 22,250 NORGES HANDELS OG SJOF COMMON 5068627 1,649,199 17,172 X 0 0 17,172 LASALLE HOTEL PPTYS BEN COMMON 517942108 16,200 1,000 X 0 0 1,000 WEGENER NV COMMON 5183081 5,796,472 677,950 X 0 0 677,950 LAUDER ESTEE COS INC CLA COMMON 518439104 6,832 200 X 0 0 200 LEE ENTERPRISES INC COMMON 523768109 186,345 5,050 X 0 0 5,050 LEUCADIA NATL CORP COMMON 527288104 1,332,116 37,262 X 0 0 37,262 LEVEL 3 COMMUNICATIONS COMMON 52729N100 356 100 X 0 0 100 LEXINGTON CORP PPTYS T R COMMON 529043101 982,770 61,500 X 0 0 61,500 BIC COMMON 5298781 674,352 18,900 X 0 0 18,900 LIBERTY MEDIA CORP SER A COMMON 530718105 2,528 200 X 0 0 200 LILLY, ELI AND COMPANY COMMON 532457108 161,925 2,125 X 0 0 2,125 DAGBLADET PFD PREFERR 5326057 200,870 4,445 X 0 0 4,445 LIQUI BOX CORP COMMON 536314107 99,900 1,500 X 0 0 1,500 LOCKHEED MARTIN CORP COMMON 539830109 28,790 500 X 0 0 500 LOEWS CORP COMMON 540424108 46,864 800 X 0 0 800 LONGLEAF PARTNERS FUND MUTUAL 543069108 26,539 1,011 X 0 0 1,011 LUCENT TECHNOLOGIES INC COMMON 549463107 3,311 700 X 0 0 700 M & T BK CORP COMMON 55261F104 263,855 3,283 X 0 0 3,283 MBNA CORP COMMON 55262L100 23,142 600 X 0 0 600 MGI PHARMA INC COMMON 552880106 473,344 34,400 X 0 0 34,400 MTR GAMING GROUP INC COMMON 553769100 87,951 5,700 X 0 0 5,700 MANPOWER INC WIS COMMON 56418H100 349,920 9,000 X 0 0 9,000 MARKEL CORP COMMON 570535104 17,257,648 84,800 X 0 0 84,800 MARSHALL & ILSLEY CORP COMMON 571834100 46,680 750 X 0 0 750 MARTIN MARIETTA MTLS INC COMMON 573284106 57,337,631 1,358,068 X 0 0 1,358,068 MASTERS SELECT EQUITY FUND MUTUAL 576417109 78,025 6,252 X 0 0 6,252 MASTERS SELECT INT'L FUND MUTUAL 576417208 17,344 1,306 X 0 0 1,306 MATTEL INC COMMON 577081102 2,662,310 127,750 X 0 0 127,750 MAY DEPT STORES CO COMMON 577778103 76,844 2,205 X 0 0 2,205 MCCLATCHY COMPANY CL A COMMON 579489105 42,855,641 721,840 X 0 0 721,840 MCCORMICK & CO INC COMMON 579780206 3,377,136 132,100 X 0 0 132,100 MCDONALDS CORP COMMON 580135101 1,305,915 47,060 X 0 0 47,060 MCGRAW HILL COMPANIES INC COMMON 580645109 40,950 600 X 0 0 600 MCKESSON HBOC INC COMMON 58155Q103 22,458 600 X 0 0 600 MELLON FINL CORP COMMON 58551A108 4,672,168 121,072 X 0 0 121,072 MERCK & CO INC COMMON 589331107 1,169,392 20,309 X 0 0 20,309 MERCURY GEN CORP NEW COMMON 589400100 5,361,450 115,300 X 0 0 115,300 M L PFD CAP TR I 7.75% PREFERR 589977206 13,493 524 X 0 0 524 MERITOR SVGS BK PA COMMON 590007100 6,840 3,000 X 0 0 3,000 MICROSOFT CORP COMMON 594918104 3,429,528 56,865 X 0 0 56,865 SANOMA-WSOY OYJ-B COMMON 5964640 849,341 73,920 X 0 0 73,920 HERMAN MILLER INC COMMON 600544100 16,853,956 708,745 X 0 0 708,745 MINNESOTA MNG & MFG CO COMMON 604059105 80,507 700 X 0 0 700 MOLEX INC CL A COMMON 608554200 76,475 2,500 X 0 0 2,500 COCA COLA AMATIL BNDLD DEF COMMON 6123451 28,310 9,500 X 0 0 9,500 MORGAN STANLEY AMER OP PFD MUTUAL 616933206 13,383 569 X 0 0 569 MORGAN STANLEY DIV GRT HSEC MUTUAL 616938205 15,764 330 X 0 0 330 MORGAN STANLEY HI YLD SECS MUTUAL 616964201 15,627 8,447 X 0 0 8,447 MORGAN STANLEY DEAN WI TT ER COMMON 617446448 322,082 5,620 X 0 0 5,620 NATIONAL CITY CORP COMMON 635405103 2,561,324 83,268 X 0 0 83,268 NATL WESTMIN BK PLC 7.875% CONVERT 638539809 12,530 491 X 0 0 491 NESTLE REG ADR COMMON 641069406 76,848,983 1,386,415 X 0 0 1,386,415 N & B GENESIS FUND MUTUAL 641224100 38,321 1,749 X 0 0 1,749 N & B GUARDIAN FUND MUTUAL 641224209 18,965 1,291 X 0 0 1,291 N & B PARTNERS FUND MUTUAL 641224407 23,891 1,119 X 0 0 1,119 N & B FOCUS FUND MUTUAL 641224506 31,210 873 X 0 0 873 NEW YORK TIMES CO CL A COMMON 650111107 813,620 17,000 X 0 0 17,000 NEWSCORP LTD SPON ADR PREFERR 652487802 9,600 400 X 0 0 400 NOKIA CORP SPONS ADR COMMON 654902204 89,182 4,300 X 0 0 4,300 NORFOLK SOUTHN CORP COMMON 655844108 21,546 900 X 0 0 900 NORTHERN TRUST CORP COMMON 665859104 595,089 9,900 X 0 0 9,900 NTELOS INC COMMON 67019U101 12,300 3,000 X 0 0 3,000 NUVEEN PA INVT QUAL MU N FD COMMON 670972108 23,081 1,630 X 0 0 1,630 OFFICE DEPOT INC COMMON 676220106 1,836,125 92,500 X 0 0 92,500 ORACLE CORP COMMON 68389X105 31,360 2,450 X 0 0 2,450 OUTBACK STEAKHOUSE INC COMMON 689899102 7,154 200 X 0 0 200 PIMCO FD PAC INVT MGMT CLB MUTUAL 693390437 198,102 19,030 X 0 0 19,030 PNC BANK CORP COMMON 693475105 2,098,777 34,132 X 0 0 34,132 PPL CORP COMMON 69351T106 16,636 420 X 0 0 420 PSO CAP I 8.00% TOPRS A PREFERR 693639205 15,182 608 X 0 0 608 PENN NATL GAMING INC COMMON 707569109 73,542 2,100 X 0 0 2,100 PENNROCK FINAN'L SVCS COMMON 708352109 197,708 7,061 X 0 0 7,061 HEINEKEN NV COMMON 7108048 44,460 1,094 X 0 0 1,094 PEPSICO INC COMMON 713448108 7,259,543 140,962 X 0 0 140,962 CIE FINANC RICHEMONT AW COMMON 7151116 34,441,319 1,498,100 X 0 0 1,498,100 PFIZER INC COMMON 717081103 1,332,085 33,520 X 0 0 33,520 PHARMACIA CORP COMMON 71713U102 22,540 500 X 0 0 500 PHILIP MORRIS COS INC COMMON 718154107 97,319,149 1,847,715 X 0 0 1,847,715 PIONEER NAT RES CO COMMON 723787107 33,435 1,500 X 0 0 1,500 PITNEY BOWES INC COMMON 724479100 307,304 7,180 X 0 0 7,180 PLACER DOME INC COMMON 725906101 8,024 655 X 0 0 655 PONTIAC BANCORP INC COMMON 732490107 6,600 55 X 0 0 55 PRICE T ROWE GROUP INC COMMON 74144T108 182,971 4,700 X 0 0 4,700 PRICELINE COM INC COMMON 741503106 523 100 X 0 0 100 PROCTER & GAMBLE CO COMMON 742718109 729,729 8,100 X 0 0 8,100 PROGRESSIVE CORP OHIO COMMON 743315103 16,936,590 304,944 X 0 0 304,944 PROTECTIVE LIFE CORP COMMON 743674103 19,955 640 X 0 0 640 PROVIDENT BANKSHARES CORP COMMON 743859100 31,920 1,330 X 0 0 1,330 PULITZER INC COMMON 745769109 48,150 900 X 0 0 900 QWEST COMMUNICATIONS INC COMMON 749121109 1,644 200 X 0 0 200 RCN CORP COMMON 749361101 4,230 3,000 X 0 0 3,000 RELIANT ENERGY INC COMMON 75952J108 183,109 7,100 X 0 0 7,100 REPTRON ELECTRONICS INC COMMON 76026W109 6,600 2,000 X 0 0 2,000 RITE AID CORP COMMON 767754104 39,790 11,500 X 0 0 11,500 ROYAL DUTCH PETRO-NY SHRS COMMON 780257804 2,083,932 38,364 X 0 0 38,364 ROYCE VAL TR INC 8% CUM PREFERR 780910204 18,280 694 X 0 0 694 SBC COMMUNICATIONS, INC COMMON 78387G103 1,131,661 30,226 X 0 0 30,226 INTERMEDIATE GOVT TRUST MUTUAL 783965742 830 81 X 0 0 81 SAFEWAY INC COM NEW COMMON 786514208 11,255 250 X 0 0 250 ST PAUL COS INC COMMON 792860108 401,187 8,750 X 0 0 8,750 SCHERING PLOUGH CORP COMMON 806605101 1,318,199 42,115 X 0 0 42,115 SCHLUMBERGER COMMON 806857108 311,746 5,300 X 0 0 5,300 SCHULMAN A INC COMMON 808194104 246,348 13,469 X 0 0 13,469 SCHWEITZER-MAUDUIT INTL COMMON 808541106 31,376,231 1,262,625 X 0 0 1,262,625 SCOTTS CO CL A COMMON 810186106 9,119,376 199,200 X 0 0 199,200 E W SCRIPPS CO CL A COMMON 811054204 88,222,337 1,074,310 X 0 0 1,074,310 SECTY CAP GRP INC CL B COMMON 81413P204 136,901 5,375 X 0 0 5,375 SENECA FOODS CORP CL B COMMON 817070105 35,875 2,500 X 0 0 2,500 SENECA FOODS CORP CL A COMMON 817070501 35,750 2,500 X 0 0 2,500 SEQUA CORP $5 CM CV PFD CONVERT 817320302 33,200 400 X 0 0 400 SEQUENOM INC COMMON 817337108 1,380 200 X 0 0 200 SERVICEMASTER COMPANY COMMON 81760N109 27,500 2,000 X 0 0 2,000 SMUCKER J M CO COMMON 832696306 155,480 4,600 X 0 0 4,600 SOUTHERN UNION CO COMMON 844030106 48,090 2,625 X 0 0 2,625 SPHERION CORP COMMON 848420105 5,563,299 503,466 X 0 0 503,466 STARBUCKS CORP COMMON 855244109 46,306 2,002 X 0 0 2,002 STEPAN CO COMMON 858586100 115,025 4,284 X 0 0 4,284 STERLING FINL CORP COMMON 859317109 77,628 3,281 X 0 0 3,281 STURM RUGER & CO INC COMMON 864159108 67,080 5,200 X 0 0 5,200 SUN MICROSYSTEMS INC COMMON 866810104 6,615 750 X 0 0 750 SUSQUEHANNA BANCSHRS INC COMMON 869099101 193,710 7,913 X 0 0 7,913 SYSCO CORPORATION COMMON 871829107 123,157 4,130 X 0 0 4,130 TJX COS INC NEW COMMON 872540109 16,004 400 X 0 0 400 TMP WORLDWIDE INC COMMON 872941109 1,094,423 31,750 X 0 0 31,750 TXU CORP COMMON 873168108 8,722 160 X 0 0 160 TARGET CORP COMMON 8.76E+110 64,680 1,500 X 0 0 1,500 TEMPLETON GLOBAL INCOME FD COMMON 880198106 4,823 702 X 0 0 702 TEXAS INSTRS INC COMMON 882508104 13,240 400 X 0 0 400 TIFFANY & CO COMMON 886547108 7,110 200 X 0 0 200 TOKHEIM CORP WT SER C 490.5 WARRANT 889073136 8 200 X 0 0 200 TOOTSIE ROLL INDS INC COMMON 890516107 54,728 1,190 X 0 0 1,190 TORCHMARK CORP COMMON 891027104 306,204 7,600 X 0 0 7,600 TOYS "R" US INC COMMON 892335100 7,058 393 X 0 0 393 TRI CONTL CORP COMMON 895436103 135 7 X 0 0 7 TRIBUNE CO COMMON 896047107 270,487 5,950 X 0 0 5,950 TYCO INTL LTD COMMON 902124106 234,579 7,258 X 0 0 7,258 UST INC COMMON 902911106 48,512,619 1,246,150 X 0 0 1,246,150 U S GLOBAL INVS INC CLA PREFERR 902952100 7,200 4,000 X 0 0 4,000 U S BANCORP COMMON 902973304 488,460 21,642 X 0 0 21,642 UNB CORP PA COMMON 903057107 17,325 105 X 0 0 105 UNIFI INC COMMON 904677101 463,091 49,265 X 0 0 49,265 UNILEVER N V WI COMMON 904784709 2,260,640 39,800 X 0 0 39,800 UNION NATL FINL CORP COMMON 907647101 112,465 7,448 X 0 0 7,448 UNION PAC CORP COMMON 907818108 31,070 500 X 0 0 500 UNISYS CORP COMMON 909214108 5,052 400 X 0 0 400 UNITED PARCEL SVC INC CLB COMMON 911312106 12,160 200 X 0 0 200 UNITED RETAIL GROUP INC COMMON 911380103 180,960 26,000 X 0 0 26,000 MICROPORE INC "A" CV PFD CONVERT 9129231 40,000 3,200 X 0 0 3,200 UNITED TECHN CORP COMMON 913017109 74,200 1,000 X 0 0 1,000 UNIVERSAL CORP VA COMMON 913456109 4,689,744 119,150 X 0 0 119,150 V F CORP COMMON 918204108 432,500 10,000 X 0 0 10,000 VALASSIS COMMUNICATIONS INC COMMON 918866104 96,575 2,500 X 0 0 2,500 VANG STAR FD SH BEN INT MUTUAL 921909107 257,311 15,482 X 0 0 15,482 VANG EQUITY INC FD MUTUAL 921921102 127,639 5,450 X 0 0 5,450 VANG/WELLINGTON FD INC MUTUAL 921935102 4,222 151 X 0 0 151 VANG PA INS TX-FR BEN INT MUTUAL 92204L104 271,928 24,432 X 0 0 24,432 VECTREN CORP COMMON 92240G101 311,979 12,144 X 0 0 12,144 VANG MUNI BOND FD INTER MUTUAL 922907209 317,389 23,972 X 0 0 23,972 VANG MUNI BOND FD LONG MUTUAL 922907308 127,307 11,605 X 0 0 11,605 VANG LTD TERM TAX EXEMPT FD MUTUAL 922907704 146,975 13,634 X 0 0 13,634 VANG INDEX TR 500 MUTUAL 922908108 73,566 695 X 0 0 695 VANGUARD INDEX TR MUTUAL 922908207 27,707 1,178 X 0 0 1,178 VERIZON COMMUNICATIONS COMMON 92343V104 698,507 15,152 X 0 0 15,152 VIAD CORP COMMON 92552R109 231,000 8,250 X 0 0 8,250 VISTEON CORP COMMON 92839U107 1,076 65 X 0 0 65 VODAFONE GROUP PLC COMMON 92857W100 7,372 400 X 0 0 400 VORNADO OPER CO COMMON 92904N103 1,100 1,100 X 0 0 1,100 VORNADO RLTY TR COMMON 929042109 971,520 22,000 X 0 0 22,000 VULCAN MATERIALS CO COMMON 929160109 5,260,301 110,650 X 0 0 110,650 WACHOVIA GROUP COMMON 929903102 8,467,626 228,361 X 0 0 228,361 WAL MART STORES INC COMMON 931142103 686,499 11,199 X 0 0 11,199 WALGREEN COMPANY COMMON 931422109 317,439 8,100 X 0 0 8,100 WALLACE COMPUTER SERVICES COMMON 932270101 9,800,454 485,171 X 0 0 485,171 WASHINGTON POST CO CLB COMMON 939640108 72,807,785 119,941 X 0 0 119,941 WEBMD CORP COMMON 94769M105 768 100 X 0 0 100 WELLS FARGO NEW COMMON 949746101 54,550,790 1,104,267 X 0 0 1,104,267 WESCO FINL CORP COMMON 950817106 601,755 1,925 X 0 0 1,925 WRIGLEY WM JR CO COMMON 982526105 87,961 1,650 X 0 0 1,650 WYETH COMMON 983024100 494,344 7,530 X 0 0 7,530 XEROX CORP COMMON 984121103 7,933 738 X 0 0 738 XICOR INC COMMON 984903104 31,890 3,000 X 0 0 3,000 YORK WTR CO COMMON 987184108 93,632 3,040 X 0 0 3,040 ZIMMER HLDGS INC COMMON 98956P102 45,899 1,348 X 0 0 1,348 TOTAL 1,710,243,378
70655.0160 #321653