-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Khg0vlF2/L2lUOvdgXrAS4nCFCLD0vjrZobeqLtTmxd/VJxd9U3B24wW3XdxfP9q LQQ+bG8G/KNaeau5Qlt29w== 0000919574-05-001938.txt : 20050516 0000919574-05-001938.hdr.sgml : 20050516 20050516135140 ACCESSION NUMBER: 0000919574-05-001938 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050331 FILED AS OF DATE: 20050516 DATE AS OF CHANGE: 20050516 EFFECTIVENESS DATE: 20050516 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GARDNER RUSSO & GARDNER CENTRAL INDEX KEY: 0000860643 IRS NUMBER: 232673088 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-02635 FILM NUMBER: 05833020 BUSINESS ADDRESS: STREET 1: 223 EAST CHESTNUT ST CITY: LANCASTER STATE: PA ZIP: 17602 BUSINESS PHONE: 7172991385 MAIL ADDRESS: STREET 1: GARDNER RUSSO & GARDNER CITY: LANCASTER STATE: PA ZIP: 17602 FORMER COMPANY: FORMER CONFORMED NAME: GARDNER INVESTMENTS DATE OF NAME CHANGE: 19990326 13F-HR 1 d571534_13f-hr.txt 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, 2005 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: J. Phil Gibson Title: Trader Phone: (717) 299-1385 Signature, Place and Date of Signing: /s/ J. Phil Gibson Lancaster, PA May 16, 2005 - ----------------------- -------------------------- ---------------------- [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: None. Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 480 Form 13F Information Table Value Total: $3,373,458 (in 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 FAIR SHARES OR OTHER TITLE CUSIP MARKET PRINCIPAL SOLE SHARED MGR SOLE SHARED NONE NAME OF ISSUER OF CLASS NUMBER VALUE AMOUNT (A) (B) (C) (A) (B) (C) - --------------- ----------- ------- --------- --------- ---- ----- ----- --------- ----- ------- ALTADIS SA COMMON A011040 4,392,343 107,366 X 62,366 0 45,000 FINTRONICS USA COMMON 50,000 50,000 X 50,000 0 0 RINKER GROUP LTD COMMON 6599386 2,141,775 256,500 X 131,500 0 125,000 INNERLINK, INC. CONVERT 150,000 25,000 X 25,000 0 0 ARIEL CAPITAL MANAGEMENT COMMON 372,647 771 X 771 0 0 GROUPE DANONE COMMON B018SX1 199,080 2,000 X 2,000 0 0 BAYERISCHE MOTOREN WERKE AG COMMON D12096109 34,050 750 X 500 0 250 PORSCHE AG-PFD PREFERR D61577108 581,056 800 X 625 0 175 JC DECAUS SA ACT COMMON F5333N100 27,310 1,000 X 0 0 1,000 SANOFI-AVENTIS COMMON F5548N101 25,311 300 X 0 0 300 PERNOD RICARD S A ORD COMMON F72027109 41,096,798 294,200 X 255,732 0 38,468 ACE LTD COMMON G0070K103 123,810 3,000 X 3,000 0 0 ALLIED DOMECQ PLC COMMON G0187V109 3,534,527 350,300 X 225,300 0 125,000 ACCENTURE LTD CL A G1150G111 48,300 2,000 X 0 0 2,000 BRITISH AMER TOB PLC COMMON G1510J102 4,727,006 268,275 X 174,025 0 94,250 CADBURY SCHWEPPES ORD COMMON G17444152 54,985,252 5,482,079 X 4,849,199 0 632,880 FIRST PAC LTD ORD COMMON G34804107 19,598 61,245 X 61,245 0 0 DIAGEO PLC COMMON G42089113 80,150,824 5,688,490 X 5,075,324 0 613,166 HELEN OF TROY CORP COMMON G4388N106 2,738 100 X 0 0 100 3I GROUP PLC COMMON G4708P104 126,900 10,000 X 0 0 10,000 IPC HLDGS LTD ORD G4933P101 11,784 300 X 300 0 0 RENAISSANCERE HLDGS LTD COMMON G7496G103 8,173 175 X 0 0 175 ROYAL BK SCOTLAND PLC SHS COMMON G76891111 15,900 500 X 0 0 500 WILLIS GROUP HLDGS LTD SHS G96655108 11,061 300 X 300 0 0 ALCON INC COM SHS H01301102 35,716 400 X 400 0 0 BARRY CALLEBAUT AG COMMON H05072105 71,583 300 X 100 0 200 EDIPRESSE S A - BEARER COMMON H20616126 81,560 150 X 150 0 0 PARGESA HOLDING AG - B COMMON H60477132 6,154,431 1,617 X 1,017 0 600 ITO YOKADO CO COMMON JP3142800 79,820 2,000 X 2,000 0 0 KAO CORP JPY COMMON JP3205800 356,345 15,500 X 15,500 0 0 SONY CORP COMMON JP3435000 119,460 3,000 X 3,000 0 0 NISSAN MOTOR CO LTD COMMON J57160129 10,250 1,000 X 0 0 1,000 VESTAS WIND SYSTEMS A/S COMMON K9773J128 53,465 3,700 X 0 0 3,700 SCHIBSTED A/S COMMON MS164618 1,660,572 63,284 X 55,784 0 7,500 HEINEKEN HLDG N V ORD-A COMMON N39338178 161,634,448 5,229,196 X 4,621,445 0 607,751 TELEGRAAF HOLDING CVA COMMON N41207114 129,231,006 5,007,013 X 4,402,805 0 604,208 HUNTER DOUGLAS NV COMMON N4327C122 50,430 1,000 X 1,000 0 0 WEGENER CORP COMMON N5213D116 19,722,892 1,498,700 X 1,340,200 0 158,500 VNU N V COMMON N93612104 1,021,300 35,000 X 35,000 0 0 WAL-MART DE MEXICO S A COMMON P98180105 52,800 15,000 X 0 0 15,000 GAMBRO AB-A SHS COMMON W4308Q108 24,588 1,800 X 0 0 1,800 SWEDISH MATCH AB COMMON W92277115 11,338,600 925,600 X 685,600 0 240,000 PORTUGAL TELCM SGPS SA COMMON X6769Q104 14,650 1,250 X 0 0 1,250 LOREAL SA COMMON 12032 200,225 2,500 X 2,500 0 0 ACNB CORP COMMON 868109 20,000 800 X 300 0 500 ROCHE HOLDING AG COMMON 1203204 482,580 4,500 X 4,500 0 0 AES CORP COMMON 00130H105 786,240 48,000 X 24,000 0 24,000 AT&T CORP COM NEW 1957505 19,144 1,021 X 1,021 0 0 ABBOTT LABS COMMON 2824100 19,771,402 424,097 X 410,436 0 13,661 AES TR III PFD CV 6.75% 00808N202 308,750 6,500 X 0 0 6,500 AGERE SYSTEMS INC CL A 00845V100 39 27 X 27 0 0 AGERE SYSTEMS INC CL B 00845V209 683 481 X 481 0 0 ALBERTSONS INC COMMON 13104104 820,838 39,750 X 39,750 0 0 ALCOA INC COMMON 13817101 294,601 9,694 X 8,146 0 1,548 ALLEGHANY CORP DEL COMMON 17175100 290,850 1,050 X 624 0 426 ALLIED DOMECQ PLC SPONS ADR NEW 19121201 406,700 10,000 X 10,000 0 0 ALLSTATE CORP COMMON 20002101 302,736 5,600 X 5,100 0 500 ALTRIA GROUP INC COMMON 02209S103 230,840,497 3,530,211 X 3,149,761 0 380,450 AMBAC FINL GROUP INC COMMON 23139108 971,750 13,000 X 12,500 0 500 AMERICA MOVIL SA DE CV SPON ADR SHS 02364W105 22,756 441 X 441 0 0 AMERICAN EXPRESS CO COMMON 25816109 3,380,506 65,807 X 62,007 0 3,800 AMERICAN INTL GROUP INC COMMON 26874107 94,547,690 1,706,329 X 1,510,749 0 195,580 AMER ITALIAN PASTA CO CL A 27070101 13,700 500 X 0 0 500 AMERICAN OIL & GAS INC COMMON 28723104 59,760 18,000 X 0 0 18,000 AMERICAN SATELLITE NETWORK 06/ WARRANT 02937P116 0 42,205 X 40,131 0 2,074 AMERICAN TOWER CORP CL A 29912201 1,649,815 90,500 X 88,000 0 2,500 AMERICAN WOODMARK CORP COMMON 30506109 36,280 1,000 X 0 0 1,000 AMGEN INC COMMON 31162100 152,801 2,625 X 1,875 0 750 AMSOUTH BANCORPORATION COMMON 32165102 84,338 3,250 X 1,250 0 2,000 ANADARKO PETE CORP COMMON 32511107 36,985 486 X 486 0 0 ANHEUSER-BUSCH COS INC COMMON 35229103 8,649,433 182,516 X 132,916 0 49,600 AON CORP COMMON 37389103 13,704 600 X 600 0 0 APPLE COMPUTER INC COMMON 37833100 8,334 200 X 200 0 0 APPLERA CORP COM CE GEN GRP 38020202 6,150 600 X 0 0 600 APTARGROUP INC COMMON 38336103 1,727,087 33,226 X 13,526 0 19,700 ARCTIC CAT INC COMMON 39670104 312,543 11,550 X 3,050 0 8,500 ARIEL FD SH BEN INT MUTUAL 40337107 2,978 56 X 56 0 0 ARIEL FD CALV ARIEL APP MUTUAL 40337206 2,765 58 X 58 0 0 ARMSTRONG HOLDINGS COMMON 42384107 468,403 250,483 X 483 0 250,000 IMPERIAL TOBACCO GROUP PLC COMMON 454492 104,920 4,000 X 4,000 0 0 ASTROPOWER INC COMMON 04644A101 2 150 X 150 0 0 ANGLO AMERICAN PLC COMMON 490151 118,500 5,000 X 5,000 0 0 AUTOMATIC DATA PROCESSING COMMON 53015103 948,445 21,100 X 21,100 0 0 AVERY DENNISON CORP COMMON 53611109 161,018 2,600 X 2,600 0 0 HSBC HLDGS PLC ORD COMMON 540528 355,725 22,500 X 22,500 0 0 AVON PRODUCTS INC COMMON 54303102 171,760 4,000 X 4,000 0 0 BB&T CORP COMMON 54937107 424,018 10,850 X 10,850 0 0 BJ SVCS CO COMMON 55482103 83,008 1,600 X 1,600 0 0 BP PLC COMMON 55622104 2,416,939 38,733 X 36,013 0 2,720 BAKER HUGHES INC COMMON 57224107 4,449 100 X 0 0 100 BANK AMER CORP COMMON 60505104 4,340,763 98,430 X 97,050 0 1,380 BAXTER INTL INC COMMON 71813109 8,495 250 X 250 0 0 BP PLC ORD COMMON 798059 259,250 25,000 X 25,000 0 0 BELLSOUTH CORP COMMON 79860102 134,920 5,132 X 5,132 0 0 SHELL TRANS & TRDG PLC COMMON 803414 156,975 17,500 X 17,500 0 0 BELO CORP COM SER A 80555105 1,248,038 51,700 X 47,700 0 4,000 BERKSHIRE HATHAWAY INC DEL CL A 84670108 248,385,000 2,855 X 2,395 0 460 BERKSHIRE HATHAWAY CL B 84670207 49,897,176 17,471 X 15,252 0 2,219 SMITH & NEPHEW PLC COMMON 922320 70,575 7,500 X 7,500 0 0 BLOCK H & R INC COMMON 93671105 104,566,917 2,067,357 X 1,792,624 0 274,733 BOEING CO COMMON 97023105 11,692 200 X 200 0 0 WPP GROUP PLC COMMON 974042 2,458,691 215,864 X 215,864 0 0 BRISTOL MYERS SQUIBB CO COMMON 110122108 168,036 6,600 X 6,600 0 0 BRITISH AMERN TOB PLC SPON ADR 110448107 247,030 7,000 X 7,000 0 0 BROWN-FORMAN CORP CL A 115637100 77,227,883 1,402,868 X 1,253,727 0 149,141 BROWN-FORMAN CORP CL B 115637209 17,823,315 325,540 X 277,640 0 47,900 BURLINGTON RES INC COMMON 122014103 15,021 300 X 300 0 0 BURNHAM HLDGS INC CL A COMMON 122295108 22,013 826 X 826 0 0 CVS CORP COMMON 126650100 150,546 2,861 X 2,861 0 0 CABLEVISION SYS CORP CL A NY CABLVS 12686C109 98,175 3,500 X 3,500 0 0 CACI INTL INC CL A 127190304 33,138 600 X 600 0 0 CADBURY SCHWEPPES ADR 127209302 877,289 21,555 X 6,955 0 14,600 CALLAWAY GOLF CO COMMON 131193104 64 5 X 5 0 0 CAMPBELL SOUP CO COMMON 134429109 95,766 3,300 X 3,300 0 0 CANADIAN OIL SANDS TRUST COMMON 13642L100 4,625,360 68,000 X 68,000 0 0 CANFOR CORPORATION COMMON 137902102 189,504 14,100 X 0 0 14,100 CARLISLE COS INC COMMON 142339100 2,830,499 40,569 X 40,069 0 500 CATERPILLAR INC DEL COMMON 149123101 22,860 250 X 250 0 0 CENTERPOINT ENERGY INC COMMON 15189T107 2,406 200 X 200 0 0 CENTRAL VT PUB SVC PFD PREFERR 155771306 3,513 50 X 50 0 0 CEPHEID COMMON 15670R107 19,340 2,000 X 0 0 2,000 CERTEGY INC COMMON 156880106 308,118 8,900 X 8,525 0 375 CHEVRONTEXACO CORP COMMON 166764100 2,057,293 35,282 X 33,922 0 1,360 CHOICEPOINT INC COMMON 170388102 35,096 875 X 875 0 0 CHUBB CORP COMMON 171232101 55,489 700 X 700 0 0 CHURCH & DWIGHT INC COMMON 171340102 5,321 150 X 0 0 150 CIMAREX ENERGY CO COMMON 171798101 41,418 1,062 X 1,062 0 0 CINCINNATI FINL CORP COMMON 172062101 13,083 315 X 315 0 0 CISCO SYS INC COMMON 17275R102 3,279,362 183,307 X 183,307 0 0 CITIGROUP INC COMMON 172967101 79,227,962 1,762,972 X 1,563,475 0 199,497 CLIPPER FD INC MUTUAL 188850101 15,910 183 X 183 0 0 COCA-COLA CO COMMON 191216100 1,726,013 41,421 X 36,971 0 4,450 COLGATE PALMOLIVE CO COMMON 194162103 67,821 1,300 X 400 0 900 COLUMBIA ACORN TR INTL CL Z MUTUAL 197199813 2,697 90 X 90 0 0 COMCAST CORP NEW CL A 20030N101 644,860 19,090 X 19,090 0 0 COMCAST CORP CL A SPL 20030N200 149,115,046 4,459,182 X 3,873,607 0 585,575 COMMONWEALTH TEL ENTERPR COMMON 203349105 67,882 1,440 X 240 0 1,200 CIE FINANC RICHEMONT ADR COMMON 204318109 393,789 12,500 X 12,500 0 0 CONOCOPHILLIPS COMMON 20825C104 1,204,573 11,170 X 9,978 0 1,192 CONSTELLATION BRANDS INC CL A 21036P108 10,574 200 X 100 0 100 COOLBRANDS INTL INC COMMON 21639P208 94,250 12,500 X 0 0 12,500 CORNING INC COMMON 219350105 35,060 3,150 X 3,150 0 0 CORTEX PHARMACEUTICALS INC COM NEW 220524300 17,840 8,000 X 0 0 8,000 COSTCO WHSL CORP COMMON 22160K105 538,333 12,185 X 8,385 0 3,800 COUSINS PPTYS INC COMMON 222795106 38,805 1,500 X 0 0 1,500 CRANE CO COMMON 224399105 5,689,739 197,629 X 159,329 0 38,300 CRESCENT FINL CORP COMMON 225744101 5,896 400 X 400 0 0 D & E COMMUNICATIONS INC COMMON 232860106 72,127 7,900 X 400 0 7,500 DANAHER CORP DEL COMMON 235851102 23,287 436 X 436 0 0 DEAN FOODS CO NEW COMMON 242370104 77,175 2,250 X 2,250 0 0 DEERE & CO COMMON 244199105 2,891,088 43,067 X 32,667 0 10,400 DEL MONTE FOODS CO COMMON 24522P103 29,067 2,679 X 2,679 0 0 DELAWARE GROUP DEL FD INC MUTUAL 246093108 34,143 2,105 X 2,105 0 0 DELL INC COMMON 24702R101 71,077 1,850 X 1,850 0 0 DELPHI FINL GROUP INC CL A 247131105 161,250 3,750 X 3,750 0 0 DENTSPLY INTL INC NEW COMMON 249030107 27,205 500 X 500 0 0 DEVON ENERGY CORP NEW COMMON 25179M103 7,640,000 160,000 X 160,000 0 0 DIAGEO PLC SPONS ADR NEW 25243Q205 22,083,459 388,110 X 325,384 0 62,726 DIMON INC COMMON 254394109 2,018,750 323,000 X 315,500 0 7,500 DISNEY WALT CO COM DISNEY 254687106 1,145,379 39,867 X 37,617 0 2,250 DONNELLEY R R & SONS CO COMMON 257867101 1,841,833 58,249 X 30,164 0 28,085 DOVER CORP COMMON 260003108 2,511,712 66,465 X 57,865 0 8,600 DOW JONES & CO INC COMMON 260561105 29,896 800 X 800 0 0 DRUGSTORE COM INC COMMON 262241102 12,900 5,000 X 0 0 5,000 DU PONT E I DE NEMOURS & CO COMMON 263534109 397,571 7,759 X 7,759 0 0 EP MEDSYSTEMS INC COMMON 26881P103 44,850 15,000 X 0 0 15,000 ECHOSTAR COMMUNICATIONS NEW CL A 278762109 877,500 30,000 X 30,000 0 0 ENCANA CORP COMMON 292505104 5,704,161 81,002 X 81,002 0 0 ENCORE WIRE CORP COMMON 292562105 198,900 19,500 X 19,500 0 0 ENTERGY CORP NEW COMMON 29364G103 9,398 133 X 133 0 0 EQUIFAX INC COMMON 294429105 607,662 19,800 X 19,050 0 750 ESCO TECHNOLOGIES INC COMMON 296315104 160,700 2,000 X 2,000 0 0 EVERGREEN TR STRAT GRT CL I MUTUAL 299909408 53,235 2,110 X 2,110 0 0 EXPEDITORS INTL WASH INC COMMON 302130109 1,443,173 26,950 X 22,350 0 4,600 EXXON MOBIL CORP COMMON 30231G102 22,066,542 370,244 X 325,982 0 44,262 FPA FDS TR FPA CRESC INSTL MUTUAL 30254T759 2,636 109 X 109 0 0 FPL GROUP INC COMMON 302571104 256,960 6,400 X 5,000 0 1,400 FAIRFAX FINL HLDGS LTD SUB VTG 303901102 29,900 200 X 0 0 200 FAIRHOLME FDS INC MUTUAL 304871106 2,993 129 X 129 0 0 FASTENAL CO COMMON 311900104 52,535 950 X 950 0 0 FEDERAL HOME LN MTG CORP COMMON 313400301 14,784,818 233,937 X 183,207 0 50,730 FEDEX CORP COMMON 31428X106 121,196 1,290 X 1,290 0 0 FIDELITY NAT FINL CORP COMMON 316326107 76,948 2,336 X 2,336 0 0 FID-LOW PRICED STOCK MUTUAL 316345305 12,675 318 X 318 0 0 FID-SELECT HEALTH CARE MUTUAL 316390301 12,661 100 X 100 0 0 FID-SELECT NAT GAS MUTUAL 316390525 25,977 762 X 762 0 0 FID-SELECT BANKING PORT MUTUAL 316390640 10,482 283 X 283 0 0 FID-SELECT BIOTECH MUTUAL 316390772 15,730 325 X 325 0 0 FIFTH THIRD BANCORP COMMON 316773100 3,704,876 86,200 X 58,625 0 27,575 FIRST CHESTER CNTY CORP COMMON 31947W100 1,383,200 57,200 X 57,200 0 0 FIRST DATA CORP COMMON 319963104 288,929 7,350 X 7,350 0 0 FISHER SCIENTIFIC INTL INC COM NEW 338032204 9,335 164 X 164 0 0 FORTUNE BRANDS INC COMMON 349631101 16,126 200 X 200 0 0 FULLER H B CO COMMON 359694106 29,000 1,000 X 1,000 0 0 FULTON FINL CORP PA COMMON 360271100 1,432,213 65,728 X 45,310 0 20,418 GALLAHER GROUP PLC SPON ADR 363595109 68,388 1,200 X 900 0 300 GANNETT INC COMMON 364730101 14,422,452 182,378 X 138,678 0 43,700 GENERAL DYNAMICS CORP COMMON 369550108 1,413,060 13,200 X 13,200 0 0 GENERAL ELEC CO COMMON 369604103 12,444,018 345,092 X 250,092 0 95,000 GENERAL MTRS CORP COMMON 370442105 54,372 1,850 X 200 0 1,650 GENERAL MTRS CORP 7.375% SR NT PREFERR 370442766 10,225 500 X 500 0 0 GENERAL MTRS CORP 7.25% SR NT PREFERR 370442774 10,025 500 X 500 0 0 GENESEE & WYO INC CL A 371559105 11,660 450 X 150 0 300 GILLETTE CO COMMON 375766102 368,908 7,308 X 6,708 0 600 GLATFELTER COMMON 377316104 17,700 1,200 X 400 0 800 GLAXOSMITHKLINE PLC SPON ADR 37733W105 63,140 1,375 X 625 0 750 GOLDCORP INC NEW COMMON 380956409 40,854 2,875 X 0 0 2,875 GOLDEN WEST FINL CORP DEL COMMON 381317106 24,200 400 X 0 0 400 GOLDMAN SACHS GROUP INC COMMON 38141G104 10,999 100 X 100 0 0 GROUPE DANONE SPON ADR 399449107 4,441,328 222,400 X 160,400 0 62,000 GUIDANT CORP COMMON 401698105 4,434,000 60,000 X 60,000 0 0 HCA INC COMMON 404119109 1,151,755 21,500 X 18,000 0 3,500 HCC INS HLDGS INC COMMON 404132102 27,120 750 X 750 0 0 HARLEY DAVIDSON INC COMMON 412822108 60,937 1,055 X 1,055 0 0 HARLEYSVILLE NATL CORP PA COMMON 412850109 3,358 158 X 0 0 158 OAKMARK FUND - CLASS I MUTUAL 413838103 3,023 74 X 74 0 0 HARTE HANKS INC COMMON 416196103 654,550 23,750 X 23,750 0 0 HASBRO INC COMMON 418056107 91,599,865 4,479,211 X 3,929,319 0 549,892 HEALTHSOUTH CORP COMMON 421924101 213,363 39,881 X 0 0 39,881 HEALTHEXTRAS INC COMMON 422211102 116,550 7,000 X 5,000 0 2,000 HEARTLAND EXPRESS INC COMMON 422347104 1,473,593 76,950 X 70,650 0 6,300 HEINEKEN NV UNSPONS ADR COMMON 423012202 3,758,910 108,204 X 42,346 0 65,858 HEINZ H J COMPANY COMMON 423074103 99,468 2,700 X 2,700 0 0 HELMERICH & PAYNE INC COMMON 423452101 119,070 3,000 X 3,000 0 0 AVISHUSET DAGBLADET NOK20 COMMON 4250135 11,692,196 115,925 X 100,451 0 15,474 HERSHEY FOODS CORP COMMON 427866108 291,417 4,820 X 4,820 0 0 SYNGENTA AG COMMON 4356646 313,440 3,000 X 3,000 0 0 HOME DEPOT INC COMMON 437076102 175,904 4,600 X 3,050 0 1,550 HOMEFED CORP PAR $ .01 COMMON 43739D307 26,500 500 X 500 0 0 HORMEL FOODS CORP COMMON 440452100 16,959,617 545,150 X 431,450 0 113,700 HUDSON HIGHLAND GROUP INC COMMON 443792106 8,955 524 X 0 0 524 HUDSON UNITED BANCORP COMMON 444165104 79,313 2,250 X 2,250 0 0 IAC INTERACTIVECORP COMMON 44919P102 66,810 3,000 X 3,000 0 0 TAMEDIA AG COMMON 4498816 3,368,479 34,125 X 21,225 0 12,900 IMPERIAL TOBACCO GROUP PLC SPON ADR 453142101 24,985 470 X 470 0 0 NEUE ZUERCHER ZEITUNG COMMON 4575827 376,425 6 X 3 0 3 INTEL CORP COMMON 458140100 432,310 18,610 X 18,610 0 0 INTERNATIONAL BUSINESS MACHINES COMMON 459200101 3,038,385 33,250 X 2,750 0 30,500 INTL FLAVORS & FRAGRANCES COMMON 459506101 69,125 1,750 X 1,750 0 0 INTERNAT'L SPEEDWAY CL A 460335201 24,498,703 451,589 X 380,924 0 70,665 INTERNAT'L SPEEDWAY CL B 460335300 19,406,898 359,387 X 331,287 0 28,100 INTUIT COMMON 461202103 864,458 19,750 X 19,750 0 0 IPRINT TECHNOLOGIES INC COMMON 462628108 2 600 X 600 0 0 ISHARES INC MSCI JAPAN 464286848 84,445 8,050 X 0 0 8,050 ISHARES TR MIDCAP400 464287507 13,148 100 X 100 0 0 ISHARES TR SMLCAP600 464287804 15,885 100 X 100 0 0 J.P. MORGAN CHASE & CO COMMON 46625H100 41,693 1,205 X 1,005 0 200 JOHNSON & JOHNSON COMMON 478160104 8,340,936 124,195 X 120,845 0 3,350 KT CORP SPONSORED ADR SPONSORED ADR 48268K101 21,310 1,000 X 0 0 1,000 PHILIP MORRIS CR AS COMMON 4874546 8,832,248 10,778 X 9,923 0 855 KELLOGG CO COMMON 487836108 140,628 3,250 X 2,350 0 900 TOTAL SA COMMON 4905413 175,583 750 X 750 0 0 KEYCORP NEW COMMON 493267108 3,245 100 X 100 0 0 KIMBERLY CLARK CORP COMMON 494368103 312,218 4,750 X 4,750 0 0 KINROSS GOLD CORP COM NO PAR 496902404 118,500 19,750 X 0 0 19,750 KNIGHT RIDDER INC COMMON 499040103 26,900 400 X 0 0 400 KRAFT FOODS INC CL A 50075N104 64,386,291 1,948,148 X 1,729,667 0 218,481 KROGER CO COMMON 501044101 56,907 3,550 X 3,550 0 0 LA QUINTA CORP PAIRED CTF 50419U202 25,500 3,000 X 0 0 3,000 LACLEDE GROUP INC COMMON 505597104 11,855 406 X 0 0 406 NORGES HANDELS OG SJOF COMMON 5068627 2,029,559 17,172 X 16,772 0 400 LANCASTER COLONY CORP COMMON 513847103 21,275 500 X 0 0 500 LEE ENTERPRISES INC COMMON 523768109 1,864,030 42,950 X 35,700 0 7,250 LEUCADIA NATL CORP COMMON 527288104 1,673,463 48,718 X 44,218 0 4,500 LEVEL 3 COMMUNICATIONS INC COMMON 52729N100 206 100 X 100 0 0 LEXINGTON CORP PPTYS TR COMMON 529043101 1,162,820 53,000 X 39,000 0 14,000 MUENCHENER RUECKVER AG-REG COMMON 5294121 132,396 1,100 X 1,100 0 0 BIC COMMON 5298781 2,341,763 41,250 X 21,250 0 20,000 LIBERTY MEDIA CORP NEW SER A 530718105 25,925 2,500 X 2,500 0 0 LIBERTY MEDIA INTL INC SER A 530719103 5,905 135 X 135 0 0 LILLY, ELI AND CO COMMON 532457108 854,440 16,400 X 16,400 0 0 AVISHUSET DAGBLADET PFD PREFERR 5326057 397,288 3,939 X 439 0 3,500 LONGLEAF PARTNERS FUND MUTUAL 543069108 35,596 1,149 X 1,149 0 0 LONGLEAF PARTNERS FDS MUTUAL 543069405 3,325 209 X 209 0 0 LOWES COS INC COMMON 548661107 37,109 650 X 0 0 650 LUCENT TECHNOLOGIES INC COMMON 549463107 35,255 12,820 X 2,820 0 10,000 M & T BK CORP COMMON 55261F104 214,224 2,099 X 2,099 0 0 MBNA CORP COMMON 55262L100 36,825 1,500 X 1,500 0 0 MGI PHARMA INC COMMON 552880106 90,972 3,600 X 2,000 0 1,600 MANPOWER INC COMMON 56418H100 215,424 4,950 X 4,950 0 0 MARKEL CORP COMMON 570535104 25,959,792 75,200 X 58,215 0 16,985 MARSH MCLENNAN COS INC COMMON 571748102 546,039 17,950 X 16,950 0 1,000 MARSHALL & ILSLEY CORP COMMON 571834100 62,625 1,500 X 1,500 0 0 MARSHALL INTER BOND FUND MUTUAL 572353506 23,421 2,513 X 2,513 0 0 MARSHALL GOVT INC FUND MUTUAL 572353605 23,924 2,513 X 2,513 0 0 MARTIN MARIETTA MTLS INC COMMON 573284106 119,008,944 2,128,200 X 1,858,161 0 270,039 MASCO CORP COMMON 574599106 10,054 290 X 0 0 290 MASSBANK CORP READING MASS COMMON 576152102 7,570 200 X 200 0 0 MASTERS SELECT EQUITY FUND MUTUAL 576417109 48,981 3,385 X 3,385 0 0 MASTERS SELECT INT'L FUND MUTUAL 576417208 25,579 1,502 X 1,502 0 0 MASTERS SELECT SMALLER FD MUTUAL 576417307 3,273 243 X 243 0 0 MASTERS SELECT FDS VALUE FD MUTUAL 576417406 3,336 232 X 232 0 0 MATTEL INC COMMON 577081102 1,195,600 56,000 X 39,500 0 16,500 MCCLATCHY CO CL A 579489105 75,980,035 1,024,542 X 886,794 0 137,748 MCCORMICK & CO INC NON VTG 579780206 4,331,294 125,800 X 86,800 0 39,000 MCDONALDS CORP COMMON 580135101 2,640,765 84,803 X 83,703 0 1,100 MCGRAW HILL COS INC COMMON 580645109 316,281 3,625 X 0 0 3,625 MCKESSON CORP COMMON 58155Q103 22,650 600 X 600 0 0 MEDCO HEALTH SOLUTIONS INC COMMON 58405U102 28,404 573 X 573 0 0 MEDIMMUNE INC COMMON 584699102 3,095,300 130,000 X 130,000 0 0 MEDTRONIC INC COMMON 585055106 262,393 5,150 X 5,150 0 0 MELLON FINL CORP COMMON 58551A108 1,885,695 66,072 X 58,052 0 8,020 MERCK & CO INC COMMON 589331107 1,166,615 36,040 X 31,886 0 4,154 MERCURY GEN CORP NEW COMMON 589400100 3,811,559 68,975 X 55,725 0 13,250 MERITOR SVGS BK PA COMMON 590007100 13,050 3,000 X 0 0 3,000 ML BALANCED CAPITAL FD CL A MUTUAL 590192407 8,302 314 X 314 0 0 MESA RTY TR UNIT BEN INT 590660106 1,543,300 23,000 X 23,000 0 0 MICROSOFT CORP COMMON 594918104 3,188,071 131,902 X 131,732 0 170 MILLER HERMAN INC COMMON 600544100 21,252,431 705,592 X 547,092 0 158,500 MIRANT CORP COMMON 604675108 200 700 X 500 0 200 MOHAWK INDS INC COMMON 608190104 1,707,075 20,250 X 14,950 0 5,300 MOLEX INC CL A 608554200 59,000 2,500 X 2,500 0 0 MONEYGRAM INTL INC COMMON 60935Y109 9,445 500 X 500 0 0 MONSANTO CO NEW COMMON 61166W101 489,168 7,584 X 7,584 0 0 MONSTER WORLDWIDE INC COMMON 611742107 42,015 1,500 X 0 0 1,500 CANON INC JPY COMMON 6132727 482,580 9,000 X 9,000 0 0 MORGAN STANLEY COM NEW 617446448 63,719 1,113 X 1,113 0 0 MORGAN STANLEY GOVT INC TR 61745P106 70,400 8,000 X 8,000 0 0 MORGAN STANLEY CAP TR III 6.25 PREFERR 617460209 12,295 500 X 500 0 0 MUNIHOLDINGS FLA INSD FD COMMON 62624W105 76,081 5,211 X 5,211 0 0 MURPHY OIL CORP COMMON 626717102 1,999,283 20,250 X 20,250 0 0 MYLAN LABS INC COMMON 628530107 73,095 4,125 X 4,125 0 0 NATIONAL CITY CORP COMMON 635405103 659,950 19,700 X 11,700 0 8,000 NATIONAL PENN BANCSHARES INC COMMON 637138108 86,069 3,503 X 3,503 0 0 NATL WESTMIN BK PLC PFD 7.875% PREFERR 638539809 12,609 491 X 491 0 0 NEENAH PAPER INC COMMON 640079109 4,774 142 X 142 0 0 NESTLE REG ADR COMMON 641069406 184,488,233 2,695,620 X 2,339,935 0 355,685 KIRIN BREWERY CO LTD COMMON 6493745 117,000 12,000 X 12,000 0 0 NEW YORK TIMES CO CL A 650111107 497,488 13,600 X 11,600 0 2,000 NEWELL RUBBERMAID INC. COMMON 651229106 6,911 315 X 315 0 0 NEWMONT MNG CORP COMMON 651639106 135,200 3,200 X 3,200 0 0 NEWS CORP CL A CL A 65248E104 5,076 300 X 0 0 300 NOKIA CORP SPONS ADR 654902204 308,831 20,015 X 19,015 0 1,000 NOBLE ENERGY INC COMMON 655044105 81,624 1,200 X 1,200 0 0 NORFOLK SOUTHN CORP COMMON 655844108 33,345 900 X 900 0 0 NORTH FORK BANCORPORATION NY COMMON 659424105 5,548 200 X 200 0 0 NORTHERN CORP COMMON 665859104 232,404 5,350 X 5,250 0 100 NUVEEN PA INVT QUAL MUN FD COMMON 670972108 23,081 1,630 X 1,630 0 0 OAK VALUE TR MUTUAL 67181Q102 3,574 117 X 117 0 0 PARTRIDGE FINE ART ORD COMMON 673231BLA 672,657 494,601 X 491,601 0 3,000 OCCIDENTAL PETE CORP DEL COMMON 674599105 113,872 1,600 X 1,600 0 0 OFFICE DEPOT INC COMMON 676220106 6,929,032 312,400 X 243,600 0 68,800 OMNICOM GROUP INC COMMON 681919106 6,631,033 74,910 X 67,960 0 6,950 ORACLE CORP COMMON 68389X105 9,360 750 X 750 0 0 TOYOTA MOTOR CORP JPY50 COMMON 6900643 186,050 5,000 X 5,000 0 0 PIMCO FD PAC INVT MGMT CL B MUTUAL 693390437 201,337 19,030 X 19,030 0 0 PNC FINL SVCS GROUP INC COMMON 693475105 559,073 10,860 X 8,860 0 2,000 PPL CORP COMMON 69351T106 59,389 1,100 X 600 0 500 PTV INC PFD 10% PREFERR 69367F306 4 1 X 0 0 1 PARKER HANNIFIN CORP COMMON 701094104 30,460 500 X 500 0 0 PEABODY ENERGY CORP COMMON 704549104 92,720 2,000 X 0 0 2,000 PENNROCK FINAN'L SVCS CORP COMMON 708352109 281,420 8,059 X 8,059 0 0 PENTAIR INC COMMON 709631105 3,900 100 X 100 0 0 HEINEKEN NV COMMON 7108048 39,004 1,125 X 0 0 1,125 PEPSICO INC COMMON 713448108 8,613,239 162,422 X 135,447 0 26,975 PERNOD RICARD S A ADR COMMON 714264108 244,948 7,000 X 7,000 0 0 CIE FINANC RICHEMONT A-SW COMMON 7151116 96,308,243 3,066,165 X 2,733,830 0 332,335 PETROCHINA CO LTD SPONS ADR 71646E100 152,360 2,410 X 935 0 1,475 PFIZER INC COMMON 717081103 3,234,599 123,129 X 119,629 0 3,500 PIONEER NAT RES CO COMMON 723787107 277,680 6,500 X 4,000 0 2,500 PITNEY BOWES INC COMMON 724479100 92,722 2,055 X 1,680 0 375 PLACER DOME INC COMMON 725906101 70,557 4,350 X 200 0 4,150 READYMIX ORD COMMON 726782BLA 6,257,578 2,172,770 X 1,935,000 0 237,770 PONTIAC BANCORP INC COMMON 732490107 12,650 55 X 55 0 0 PRAXAIR INC COMMON 74005P104 86,148 1,800 X 1,800 0 0 PRICE T ROWE GROUP INC COMMON 74144T108 89,070 1,500 X 0 0 1,500 PROCTER & GAMBLE CO COMMON 742718109 2,609,190 49,230 X 46,880 0 2,350 PROGRESSIVE CORP OHIO COMMON 743315103 25,225,558 274,908 X 214,358 0 60,550 PROLOGIS SH BEN INT 743410102 86,703 2,337 X 1,237 0 1,100 PROTECTIVE LIFE CORP COMMON 743674103 19,650 500 X 500 0 0 PROVIDIAN FINL CORP COMMON 74406A102 51,480 3,000 X 0 0 3,000 QUALCOMM INC COMMON 747525103 4,579 125 X 125 0 0 RAINING DATA CORP COMMON 75087R108 27,300 10,000 X 10,000 0 0 RAYTHEON CO COM NEW 755111507 6,037 156 X 156 0 0 RELIANT ENERGY INC COMMON 75952B105 9,844 865 X 865 0 0 RITE AID CORP COMMON 767754104 17,820 4,500 X 4,500 0 0 ROBBINS & MYERS NOTE 8.0000% 1/3770196AB9 8,090 8,000 X 8,000 0 0 ROSS STORES INC COMMON 778296103 4,041,718 138,700 X 138,700 0 0 ROWE T PRICE EQUITY FD MUTUAL 779547108 55,244 2,115 X 2,115 0 0 ROYAL DUTCH PETE CO NY REG EUR .56 780257804 3,911,966 65,156 X 47,886 0 17,270 SBC COMMUNICATIONS INC COMMON 78387G103 95,802 4,044 X 4,044 0 0 SLM CORP COMMON 78442P106 24,920 500 X 0 0 500 SAFEWAY INC COM NEW 786514208 16,677 900 X 700 0 200 ST JOE CO COMMON 790148100 1,346,000 20,000 X 20,000 0 0 ST PAUL TRAVELERS INC COMMON 792860108 644,685 17,552 X 16,400 0 1,152 SAMSUNG ELECTRONICS LTD COMMON 796050888 37,075 150 X 0 0 150 SCHERING PLOUGH CORP COMMON 806605101 74,633 4,112 X 4,112 0 0 SCHLUMBERGER LTD COMMON 806857108 694,580 9,855 X 9,855 0 0 SCHULMAN A INC COMMON 808194104 164,950 9,469 X 9,469 0 0 SCHWAB CHARLES CORP NEW COMMON 808513105 791,929 75,350 X 71,350 0 4,000 SCHWEITZER-MAUDUIT INTL INC COMMON 808541106 63,054,742 1,879,426 X 1,690,051 0 189,375 SCOTTS CO CL A 810186106 10,589,982 150,790 X 122,440 0 28,350 SCRIPPS E W CO OHIO CL A 811054204 118,999,725 2,441,020 X 2,138,994 0 302,026 SEAGATE TECGBIKIGT INC ESCROW WARRANT 811804988 0 200 X 0 0 200 SEALED AIR CORP NEW COMMON 81211K100 207,760 4,000 X 4,000 0 0 SHELL TRANS & TRADING PLC ADR NY SHS NEW 822703609 596,873 10,980 X 10,980 0 0 SMITHFIELD FOODS INC COMMON 832248108 255,555 8,100 X 7,100 0 1,000 SMUCKER J M CO COM NEW 832696405 302 6 X 6 0 0 SOUTHERN UNION CO NEW COMMON 844030106 48,789 1,943 X 1,943 0 0 SOVEREIGN BANCORP INC COMMON 845905108 23,733 1,071 X 200 0 871 STAPLES INC COMMON 855030102 154,782 7,387 X 7,387 0 0 STARBUCKS CORP COMMON 855244109 103 2 X 0 0 2 STEPAN CO COMMON 858586100 53,697 2,284 X 2,284 0 0 STERLING FINL CORP COMMON 859317109 152,555 5,863 X 5,863 0 0 SUN MICROSYSTEMS INC COMMON 866810104 5,935,544 1,469,194 X 1,469,194 0 0 SUNCOR ENERGY INC COMMON 867229106 591,087 14,700 X 900 0 13,800 SUNTRUST BKS INC COMMON 867914103 59,458 825 X 825 0 0 SUSQUEHANNA BANCSHRS INC COMMON 869099101 287,635 11,798 X 8,113 0 3,685 SYSCO CORP COMMON 871829107 125,300 3,500 X 2,500 0 1,000 TJX COS INC NEW COMMON 872540109 2,193,572 89,061 X 81,561 0 7,500 TXU CORP COMMON 873168108 48,574 610 X 160 0 450 TARGET CORP COMMON 87612E106 190,076 3,800 X 3,650 0 150 TELEFONICA S A SPON ADR 879382208 52 1 X 1 0 0 TEMPLETON GLOBAL INCOME FD COMMON 880198106 6,107 702 X 702 0 0 THIRD AVE VALUE FD INC MUTUAL 884116104 4,239 78 X 78 0 0 THIRD AVE SM CAP VALUE FD MUTUAL 884116203 3,576 156 X 156 0 0 3M CO COMMON 88579Y101 30,848 360 X 0 0 360 TIFFANY & CO NEW COMMON 886547108 295,146 8,550 X 8,550 0 0 TIME WARNER INC COMMON 887317105 205,335 11,700 X 11,200 0 500 TOKHEIM CORP WT SER C 49.50 WARRANT 889073136 0 200 X 200 0 0 TOOTSIE ROLL INDS INC COMMON 890516107 38,940 1,298 X 0 0 1,298 TORCHMARK CORP COMMON 891027104 245,340 4,700 X 3,300 0 1,400 TOTAL S A SPON ADR 89150E101 498,228 4,250 X 4,250 0 0 TOYS "R" US INC COMMON 892335100 10,124 393 X 393 0 0 TRIBUNE CO NEW COMMON 896047107 112,035 2,810 X 2,710 0 100 TWEEDY BROWNE FD GLOBAL MUTUAL 901165100 5,394 224 X 224 0 0 TWEEDY BROWNE FD AMERICAN MUTUAL 901165209 3,107 126 X 126 0 0 21ST CENTY INS GROUP COMMON 90130N103 544,050 39,000 X 0 0 39,000 TYCO INTL LTD NEW COMMON 902124106 1,960 58 X 58 0 0 UST INC COMMON 902911106 125,331,760 2,424,212 X 2,157,767 0 266,445 US GLOBAL INVS INC CL A 902952100 23,960 4,000 X 4,000 0 0 UNB CORP PA COMMON 903057107 19,110 105 X 105 0 0 UNILEVER PLC SPON ADR NEW 904767704 2,800 70 X 70 0 0 UNILEVER N V WI NY SHS NEW 904784709 51,335,184 750,295 X 659,530 0 90,765 MICROPORE INC "C" CV PFD CONVERT 9057213 74,550 3,550 X 3,550 0 0 UNION NATL FINL CORP COMMON 907647101 182,848 7,448 X 7,448 0 0 UNION PAC CORP COMMON 907818108 29,344 421 X 421 0 0 UNITED OVERSEAS BK LTD ADR COMMON 911271302 15,279 875 X 875 0 0 UNITED PARCEL SVC INC CL B 911312106 54,555 750 X 600 0 150 MICROPORE INC "A" CV PFD CONVERT 9129231 168,000 8,000 X 8,000 0 0 MICROPORE INC "B" CV PFD CONVERT 9129267 39,375 1,875 X 1,875 0 0 UNITED TECHNOLOGIES CORP COMMON 913017109 10,166 100 X 100 0 0 UNIVERSAL CORP VA COMMON 913456109 7,138,610 155,967 X 130,217 0 25,750 UNIVERSAL DISPLAY CORP COMMON 91347P105 13,281 1,900 X 0 0 1,900 UNOCAL CORP COMMON 915289102 21,592 350 X 0 0 350 UNUMPROVIDENT CORP COMMON 91529Y106 177,008 10,400 X 10,000 0 400 VALASSIS COMMUNICATIONS INC COMMON 918866104 367,080 10,500 X 10,000 0 500 VALUE LINE INC COMMON 920437100 280,800 7,200 X 7,200 0 0 VANGUARD BD INDEX FD INC MUTUAL 921937504 23,819 2,356 X 2,356 0 0 VANGUARD FIX INC-HY CP PTF MUTUAL 922031208 16,495 2,652 X 2,652 0 0 VECTREN CORP COMMON 92240G101 165,594 6,216 X 4,797 0 1,419 VANGUARD INDEX TR MUTUAL 922908207 36,687 1,210 X 1,210 0 0 VERIZON COMMUNICATIONS COMMON 92343V104 82,360 2,320 X 2,320 0 0 VIAD CORP COM NEW 92552R406 3,363 125 X 125 0 0 VIACOM INC CL B 925524308 13,932 400 X 400 0 0 VNU N V ADR SPONSORED COMMON 92856P106 29,242 1,000 X 1,000 0 0 VODAFONE GROUP PLC NEW SPON ADR 92857W100 21,248 800 X 800 0 0 VORNADO OPER CO ESC RCPTS WARRANT 92904N103 0 1,100 X 0 0 1,100 VORNADO RLTY TR SH BEN INT 929042109 1,523,940 22,000 X 0 0 22,000 VULCAN MATERIALS CO COMMON 929160109 6,006,931 105,700 X 66,100 0 39,600 WACHOVIA CORP 2ND NEW COMMON 929903102 7,953,109 156,219 X 110,299 0 45,920 WACHOVIA CORP PFD PREFERR 929903201 192 800 X 800 0 0 WAL MART STORES INC COMMON 931142103 1,567,591 31,283 X 10,718 0 20,565 WALGREEN COMPANY COMMON 931422109 671,897 15,126 X 12,626 0 2,500 WASHINGTON MUT INC COMMON 939322103 104,675 2,650 X 150 0 2,500 WASHINGTON POST CO CL B 939640108 134,736,528 150,712 X 130,685 0 20,027 DAILY MAIL & GEN TST-A COMMON 945736BLA 802,400 59,000 X 49,000 0 10,000 WELLPOINT INC COMMON 94973V107 163,206 1,302 X 1,302 0 0 WELLS FARGO & CO NEW COMMON 949746101 133,705,923 2,235,885 X 1,968,246 0 267,639 WESCO FINL CORP COMMON 950817106 371,891 966 X 816 0 150 WHOLE FOODS MKT INC COMMON 966837106 15,320 150 X 150 0 0 WILEY JOHN & SON INC CL A 968223206 37,013 1,050 X 1,050 0 0 IGNITE SALES INC COMMON 9762287 26,539 26,539 X 26,539 0 0 UNIVERSITY GAMES CORP COMMON 9762767 14,756 40,988 X 40,988 0 0 WRIGLEY WM JR CO COMMON 982526105 238,675 3,640 X 3,290 0 350 WYETH COMMON 983024100 456,894 10,832 X 10,832 0 0 YACKTMAN FD INC MUTUAL 984281105 3,903 259 X 259 0 0 YORK WTR CO COMMON 987184108 115,824 6,080 X 6,080 0 0 YUM BRANDS INC COMMON 988498101 310,860 6,000 X 0 0 6,000 ZIMMER HLDGS INC COMMON 98956P102 97,263 1,250 X 1,130 0 120
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