Ingalls & Snyder 13F-HR Quarterly holdings report by institutional manager

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
Expires:	Oct 31, 2018
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
EATON CORP PLC	COMMON	G2918310	1,070	14,069	SH		OTR		0	0	14,069
EVEREST RE GROUP LTD	COMMON	G3223R10	557	3,575	SH		OTR		0	0	3,575
TRANSOCEAN LIMITED	COMMON	H8817H10	851	17,237	SH		OTR		67	0	17,170
TYCO INTERNATIONAL LTD NEW	COMMON	H8912810	8,028	195,622	SH		OTR		0	0	195,622
CORE LABS N.V.	COMMON	N2271710	678	3,555	SH		OTR		194	0	3,361
VISTAPRINT NV	COMMON	N9354010	10,427	183,420	SH		OTR		5,000	0	178,420
FLEXTRONICS INTERNATIONAL LTD	COMMON	Y2573F10	232	29,933	SH		OTR		0	0	29,933
NAVIOS MARITIME HLDG INC	COMMON	Y6219610	6,872	615,776	SH		OTR		1,000	0	614,776
NAVIOS MARITIME PARTNERS L.P.	COMMON	Y6226710	1,594	83,390	SH		OTR		8,600	0	74,790
ABB LTD	COMMON	00037520	337	12,705	SH		OTR		1,000	0	11,705
AGL RESOURCES INC HOLDING CO	COMMON	00120410	2,043	43,275	SH		OTR		0	0	43,275
AT & T INC	COMMON	00206R10	9,931	282,454	SH		OTR		0	0	282,454
ABBOTT LABORATORIES	COMMON	00282410	5,093	132,877	SH		OTR		0	0	132,877
ABBVIE INC	COMMON	00287Y10	5,182	98,141	SH		OTR		0	0	98,141
ADVANTAGE OIL & GAS LTD	COMMON	00765F10	51	11,850	SH		OTR		0	0	11,850
AGENUS INC	COMMON	00847G70	5,280	2,000,000	SH		OTR		0	0	2,000,000
AIR LEASE CORP	COMMON	00912X30	278	8,950	SH		OTR		1,010	0	7,940
ALEXION PHARMACEUTICALS	COMMON	01535110	531	4,000	SH		OTR		0	0	4,000
ALLIANCE DATA SYSTEMS	COMMON	01858110	6,529	24,834	SH		OTR		2,000	0	22,834
ALTRIA GROUP, INC	COMMON	02209S10	1,468	38,249	SH		OTR		0	0	38,249
AMAZON COM INC	COMMON	02313510	419	1,053	SH		OTR		50	0	1,003
AMBEV SA-ADR	COMMON	02319V10	1,883	256,300	SH		OTR		0	0	256,300
AMERICAN AIRLINES GROUP INC	COMMON	02376R10	224	8,910	SH		OTR		1,750	0	7,160
AMERICAN EXPRESS CO	COMMON	02581610	609	6,714	SH		OTR		0	0	6,714
AMERICAN STATES WATER CO	COMMON	02989910	252	8,800	SH		OTR		0	0	8,800
AMERICAN TOWER CORP	COMMON	03027X10	202	2,535	SH		OTR		0	0	2,535
AMERICAN WATER WORKS COMPANY	COMMON	03042010	2,258	53,450	SH		OTR		0	0	53,450
AMGEN INC	COMMON	03116210	1,446	12,678	SH		OTR		300	0	12,378
ANADARKO PETROLEUM CORP	COMMON	03251110	4,629	58,368	SH		OTR		500	0	57,868
ANNALY CAPITAL MANAGEMENT INC	COMMON	03571040	978	98,100	SH		OTR		0	0	98,100
APPLE INC	COMMON	03783310	38,277	68,229	SH		OTR		725	0	67,504
APPLIED MATERIALS INC	COMMON	03822210	866	49,000	SH		OTR		0	0	49,000
AQUA AMERICA INC	COMMON	03836W10	1,170	49,625	SH		OTR		0	0	49,625
ARCHER-DANIELS-MIDLAND CO	COMMON	03948310	202	4,665	SH		OTR		0	0	4,665
ASBURY AUTOMOTIVE GROUP INC	COMMON	04343610	211	3,931	SH		OTR		0	0	3,931
ASTRAZENECA PLC SPONSORED ADR	COMMON	04635310	1,142	19,246	SH		OTR		0	0	19,246
AUGUSTA RESOURCES CORP	COMMON	05091220	31	22,004	SH		OTR		0	0	22,004
AURICO GOLD INC	COMMON	05155C10	1,678	458,500	SH		OTR		0	0	458,500
AUTOMATIC DATA PROCESSING INC	COMMON	05301510	2,892	35,798	SH		OTR		0	0	35,798
AVALON HOLDINGS CORP	COMMON	05343P10	278	53,500	SH		OTR		0	0	53,500
AVANIR PHARMACEUTICALS INC	COMMON	05348P40	37,534	11,170,891	SH		OTR		52,000	0	11,118,891
B B & T CORP	COMMON	05493710	2,117	56,751	SH		OTR		0	0	56,751
BCE INC - NEW	COMMON	05534B76	2,875	66,413	SH		OTR		0	0	66,413
BP PLC	COMMON	05562210	654	13,460	SH		OTR		0	0	13,460
BANK OF AMERICA CORP NEW	COMMON	06050510	504	32,423	SH		OTR		0	0	32,423
BANK OF HAWAII	COMMON	06254010	313	5,300	SH		OTR		0	0	5,300
BANK NEW YORK MELLON CORP	COMMON	06405810	465	13,334	SH		OTR		0	0	13,334
BARNES & NOBLE, INC.	COMMON	06777410	4,385	293,360	SH		OTR		5,300	0	288,060
BAXTER INTERNATIONAL INC	COMMON	07181310	382	5,500	SH		OTR		0	0	5,500
BERKSHIRE HATHAWAY INC CL B	COMMON	08467070	29,877	252,006	SH		OTR		1,790	0	250,216
BERKSHIRE HILLS BANCORP INC	COMMON	08468010	556	20,410	SH		OTR		0	0	20,410
BHP BILLITON LTD	COMMON	08860610	3,614	53,005	SH		OTR		2,200	0	50,805
BOEING COMPANY	COMMON	09702310	2,450	17,957	SH		OTR		0	0	17,957
BRISTOL-MYERS SQUIBB CO	COMMON	11012210	8,506	160,039	SH		OTR		0	0	160,039
BROWN FORMAN CORP CL B	COMMON	11563720	1,507	19,952	SH		OTR		0	0	19,952
CSX CORPORATION	COMMON	12640810	220	7,647	SH		OTR		0	0	7,647
CVS CAREMARK CORP	COMMON	12665010	230	3,224	SH		OTR		0	0	3,224
CANADIAN NATURAL RES LTD	COMMON	13638510	25,812	762,795	SH		OTR		4,700	0	758,095
CANON INC ADR	COMMON	13800630	571	17,850	SH		OTR		400	0	17,450
CAPSTEAD MORTGAGE CORP	COMMON	14067E50	369	30,580	SH		OTR		0	0	30,580
CASTLE BRANDS INC	COMMON	14843510	11	15,000	SH		OTR		0	0	15,000
CATERPILLAR INC	COMMON	14912310	1,574	17,333	SH		OTR		0	0	17,333
CELGENE CORP	COMMON	15102010	739	4,375	SH		OTR		0	0	4,375
CENOVUS ENERGY INC	COMMON	15135U10	2,812	98,160	SH		OTR		0	0	98,160
CENVEO INCORPORATED	COMMON	15670S10	262	76,393	SH		OTR		3,568	0	72,825
CHESAPEAKE ENERGY CORP	COMMON	16516710	800	29,500	SH		OTR		0	0	29,500
CHEVRON CORP	COMMON	16676410	31,670	253,550	SH		OTR		1,700	0	251,850
CHICAGO BRIDGE & IRON CO	COMMON	16725010	1,422	17,107	SH		OTR		0	0	17,107
CHINA MOBILE ( HONG KONG)	COMMON	16941M10	562	10,760	SH		OTR		0	0	10,760
CHUBB CORPORATION	COMMON	17123210	6,465	66,911	SH		OTR		0	0	66,911
CISCO SYSTEMS INC	COMMON	17275R10	26,005	1,159,416	SH		OTR		21,622	0	1,137,794
CITIGROUP INC (NEW)	COMMON	17296742	218	4,202	SH		OTR		0	0	4,202
CLOROX COMPANY	COMMON	18905410	253	2,735	SH		OTR		0	0	2,735
COCA-COLA COMPANY	COMMON	19121610	16,579	401,355	SH		OTR		2,000	0	399,355
COLGATE PALMOLIVE COMPANY	COMMON	19416210	10,020	153,662	SH		OTR		0	0	153,662
COMCAST CORP NEW	COMMON	20030N10	930	17,897	SH		OTR		2,000	0	15,897
COMCAST CORPORATION SPECIAL	COMMON	20030N20	834	16,730	SH		OTR		0	0	16,730
CONOCOPHILLIPS	COMMON	20825C10	13,312	188,423	SH		OTR		2,700	0	185,723
CONSOLIDATED EDISON INC NEW	COMMON	20911510	1,604	29,027	SH		OTR		0	0	29,027
CONTINENTAL MATERIALS CORP	COMMON	21161530	345	16,700	SH		OTR		0	0	16,700
COPART INC	COMMON	21720410	4,655	127,034	SH		OTR		5,725	0	121,309
CORCEPT THERAPEUTICS INC	COMMON	21835210	10,924	3,403,133	SH		OTR		63,329	0	3,339,804
CORCEPT THERAPEUTICS	COMMON	21835210	6,729	2,096,504	SH		OTR		96,504	0	2,000,000
CORDIA BANCORP INC	COMMON	21851310	470	113,150	SH		OTR		0	0	113,150
CORENERGY INFRASTRUCTURE TRUST	COMMON	21870U20	137	19,280	SH		OTR		0	0	19,280
CORNING INCORPORATED	COMMON	21935010	423	23,771	SH		OTR		1,000	0	22,771
COSTCO WHOLESALE CORP	COMMON	22160K10	293	2,470	SH		OTR		0	0	2,470
CREDIT ACCEPTANCE CORPORATION	COMMON	22531010	17,149	131,929	SH		OTR		10,000	0	121,929
CREE RESEARCH INC	COMMON	22544710	324	5,183	SH		OTR		0	0	5,183
D.R. HORTON INC	COMMON	23331A10	272	12,225	SH		OTR		0	0	12,225
DTE ENERGY CO	COMMON	23333110	976	14,715	SH		OTR		0	0	14,715
DEERE & COMPANY	COMMON	24419910	14,361	157,252	SH		OTR		2,400	0	154,852
DELUXE CORPORATION	COMMON	24801910	1,803	34,550	SH		OTR		0	0	34,550
DEPOMED INC	COMMON	24990810	47,164	4,457,850	SH		OTR		76,100	0	4,381,750
DEVON ENERGY CORP	COMMON	25179M10	3,424	55,347	SH		OTR		600	0	54,747
DIAGEO PLC NEW	COMMON	25243Q20	1,986	14,999	SH		OTR		0	0	14,999
DIAMOND OFFSHORE DRILLING INC	COMMON	25271C10	2,991	52,550	SH		OTR		100	0	52,450
DISNEY WALT (HOLDING CO)	COMMON	25468710	3,237	42,374	SH		OTR		0	0	42,374
DIRECT TV GROUP HLDGS CLASS A	COMMON	25490A30	2,159	31,277	SH		OTR		0	0	31,277
DOMINION RESOURCES INC NEW	COMMON	25746U10	1,370	21,178	SH		OTR		0	0	21,178
DONALDSON CO INC	COMMON	25765110	399	9,200	SH		OTR		0	0	9,200
DONNELLEY, R.R. & SONS COMPANY	COMMON	25786710	219	10,800	SH		OTR		0	0	10,800
DOVER CORPORATION	COMMON	26000310	789	8,175	SH		OTR		0	0	8,175
DUPONT E I DE NEMOURS & CO	COMMON	26353410	4,347	66,914	SH		OTR		400	0	66,514
DUCOMMUN INC	COMMON	26414710	11,481	385,160	SH		OTR		800	0	384,360
DUKE ENERGY CORP NEW	COMMON	26441C20	2,583	37,442	SH		OTR		133	0	37,309
DURECT CORPORATION	COMMON	26660510	1,185	685,290	SH		OTR		250,000	0	435,290
DYAX CORP	COMMON	26746E10	20,125	2,670,990	SH		OTR		0	0	2,670,990
EMC CORP	COMMON	26864810	2,111	83,962	SH		OTR		0	0	83,962
EQT CORPORATION	COMMON	26884L10	359	4,002	SH		OTR		0	0	4,002
EASTMAN CHEMICAL COMPANY	COMMON	27743210	347	4,302	SH		OTR		0	0	4,302
EATON VANCE SENIOR INC TRUST	COMMON	27826S10	372	53,843	SH		OTR		36,843	0	17,000
EBAY INC	COMMON	27864210	2,570	46,853	SH		OTR		0	0	46,853
ECOLAB INC	COMMON	27886510	1,373	13,175	SH		OTR		0	0	13,175
EMERSON ELECTRIC CO	COMMON	29101110	5,626	80,173	SH		OTR		0	0	80,173
ENBRIDGE INC	COMMON	29250N10	3,933	90,050	SH		OTR		1,000	0	89,050
ENBRIDGE ENERGY MGMNT L L C	COMMON	29250X10	677	23,628	SH		OTR		0	0	23,628
ENCANA CORP	COMMON	29250510	230	12,795	SH		OTR		0	0	12,795
ENERNOC INC	COMMON	29276410	1,449	84,196	SH		OTR		0	0	84,196
ENERPLUS CORPORATION	COMMON	29276610	1,116	61,400	SH		OTR		0	0	61,400
EXPRESS SCRIPTS HOLDING CO	COMMON	30219G10	298	4,256	SH		OTR		0	0	4,256
EXXON MOBIL CORP.	COMMON	30231G10	38,664	382,056	SH		OTR		1,300	0	380,756
FEDERAL REALTY INVT TRUST	COMMON	31374720	213	2,110	SH		OTR		0	0	2,110
FIDELITY NATL FINANCIAL INC	COMMON	31620R10	938	28,908	SH		OTR		0	0	28,908
FIRST FINANCIAL HLGDS INC	COMMON	32023E10	3,490	52,480	SH		OTR		0	0	52,480
FIRST NIAGARA FINCL GROUP INC	COMMON	33582V10	185	17,454	SH		OTR		0	0	17,454
FIRSTENERGY CORP	COMMON	33793210	554	16,816	SH		OTR		0	0	16,816
FLUOR CORP NEW	COMMON	34341210	4,433	55,222	SH		OTR		0	0	55,222
FORD MOTOR CO NEW	COMMON	34537086	314	20,407	SH		OTR		0	0	20,407
FORESTAR GROUP INC	COMMON	34623310	285	13,406	SH		OTR		0	0	13,406
FRANKLIN RESOURCES INC	COMMON	35461310	2,994	51,870	SH		OTR		0	0	51,870
FREEPORT MCMORAN COPPER & GOLD	COMMON	35671D85	29,135	772,009	SH		OTR		8,800	0	763,209
GAMCO GLOBAL GOLD NAT'L RESO	COMMON	36465A10	376	41,750	SH		OTR		0	0	41,750
GENERAL ELECTRIC COMPANY	COMMON	36960410	20,457	729,854	SH		OTR		6,500	0	723,354
GENERAL MILLS INC	COMMON	37033410	13,293	266,347	SH		OTR		3,450	0	262,897
GETTY REALTY CORP NEW	COMMON	37429710	24,129	1,313,507	SH		OTR		19,805	0	1,293,702
GLAXO SMITH KLINE PLC ADS	COMMON	37733W10	5,651	105,845	SH		OTR		200	0	105,645
GOLDCORP INC	COMMON	38095640	2,632	121,490	SH		OTR		4,800	0	116,690
GOOGLE INC	COMMON	38259P50	11,095	9,900	SH		OTR		172	0	9,728
GRAN TIERRA ENERGY INC	COMMON	38500T10	34,576	4,729,988	SH		OTR		2,700	0	4,727,288
GREAT LAKES DREDGE & DOCK CORP	COMMON	39060710	110	12,000	SH		OTR		0	0	12,000
GREIF INC CL B	COMMON	39762420	1,163	19,800	SH		OTR		0	0	19,800
HCP INC	COMMON	40414L10	941	25,922	SH		OTR		0	0	25,922
HSBC HOLDINGS PLC ADR	COMMON	40428040	577	10,475	SH		OTR		0	0	10,475
HAIN CELESTIAL GRP INC	COMMON	40521710	236	2,606	SH		OTR		0	0	2,606
HEALTH CARE REIT, INC	COMMON	42217K10	699	13,054	SH		OTR		0	0	13,054
HECLA MINING COMPANY	COMMON	42270410	813	264,169	SH		OTR		0	0	264,169
HERSHEY FOODS CORP.	COMMON	42786610	1,074	11,048	SH		OTR		0	0	11,048
HEXCEL CORP	COMMON	42829110	106,943	2,393,013	SH		OTR		23,400	0	2,369,613
HOME DEPOT, INC	COMMON	43707610	9,703	117,843	SH		OTR		0	0	117,843
HONEYWELL INTERNATIONAL NEW	COMMON	43851610	362	3,972	SH		OTR		0	0	3,972
HORACE MANN EDUCATORS CORP	COMMON	44032710	216	6,866	SH		OTR		0	0	6,866
HOWARD HUGHES CORP	COMMON	44267D10	13,709	114,147	SH		OTR		2,400	0	111,747
HUBBELL INC CLASS B	COMMON	44351020	261	2,400	SH		OTR		0	0	2,400
HUDSON CITY BANCORP INC	COMMON	44368310	288	30,546	SH		OTR		0	0	30,546
ILLINOIS TOOL WORKS INC	COMMON	45230810	1,481	17,616	SH		OTR		0	0	17,616
INTEL CORPORATION	COMMON	45814010	5,269	203,028	SH		OTR		5,250	0	197,778
INTERCONTINENTAL EXCHANGE	COMMON	45866F10	1,615	7,181	SH		OTR		0	0	7,181
INTL BUSINESS MACHINES CORP	COMMON	45920010	6,771	36,103	SH		OTR		920	0	35,183
INTERNATIONAL PAPER CO.	COMMON	46014610	874	17,840	SH		OTR		0	0	17,840
INTERNET PATENTS CORP	COMMON	46063G10	41	13,385	SH		OTR		0	0	13,385
INVESCO VAN KAMPEN SR INC	COMMON	46131H10	183	36,400	SH		OTR		36,400	0	0
IRON MOUNTAIN INC	COMMON	46284610	3,041	100,225	SH		OTR		5,444	0	94,781
ITRON INC	COMMON	46574110	229	5,550	SH		OTR		0	0	5,550
J P MORGAN CHASE & CO	COMMON	46625H10	20,413	349,068	SH		OTR		3,500	0	345,568
JACOBS ENGINEERING GROUP INC.	COMMON	46981410	269	4,280	SH		OTR		0	0	4,280
JOHNSON & JOHNSON	COMMON	47816010	19,360	211,387	SH		OTR		0	0	211,387
JOHNSON CONTROLS INC	COMMON	47836610	3,114	60,702	SH		OTR		800	0	59,902
KBR INC	COMMON	48242W10	7,182	225,235	SH		OTR		400	0	224,835
KELLOGG COMPANY	COMMON	48783610	294	4,830	SH		OTR		0	0	4,830
KIMBERLY-CLARK CORPORATION	COMMON	49436810	4,166	39,884	SH		OTR		0	0	39,884
KINDER MORGAN MGMNT LLC	COMMON	49455U10	706	9,338	SH		OTR		0	0	9,338
KINDER MORGAN INC	COMMON	49456B10	1,514	42,057	SH		OTR		823	0	41,234
KORN FERRY INTERNATIONAL	COMMON	50064320	738	28,262	SH		OTR		0	0	28,262
KRAFT FOODS GROUP INC	COMMON	50076Q10	4,937	91,582	SH		OTR		100	0	91,482
LANDAUER INC	COMMON	51476K10	797	15,150	SH		OTR		0	0	15,150
LEUCADIA NATIONAL CORP	COMMON	52728810	780	27,535	SH		OTR		0	0	27,535
LIFE TIME FITNESS INC	COMMON	53217R20	1,844	39,239	SH		OTR		3,000	0	36,239
LILLY, ELI & CO	COMMON	53245710	1,028	20,164	SH		OTR		0	0	20,164
LO-JACK CORP	COMMON	53945110	3,073	851,329	SH		OTR		30,000	0	821,329
LOWES COMPANIES, INC	COMMON	54866110	1,296	26,169	SH		OTR		0	0	26,169
MDU RESOURCES GROUP, INC	COMMON	55269010	3,323	108,776	SH		OTR		0	0	108,776
MTS SYSTEMS CORP	COMMON	55377710	810	11,400	SH		OTR		0	0	11,400
MARATHON OIL CORP NEW	COMMON	56584910	1,567	44,392	SH		OTR		500	0	43,892
MARATHON PETROLEUM CORP	COMMON	56585A10	2,139	23,326	SH		OTR		250	0	23,076
MC CORMICK & CO, INC NON-VTNG	COMMON	57978020	376	5,458	SH		OTR		0	0	5,458
MCDERMOTT INTERNATIONAL INC	COMMON	58003710	862	94,205	SH		OTR		0	0	94,205
MCDONALD'S CORPORATION	COMMON	58013510	1,204	12,412	SH		OTR		0	0	12,412
MCKESSON CORPORATION	COMMON	58155Q10	2,692	16,681	SH		OTR		0	0	16,681
MEDIFAST INC	COMMON	58470H10	1,783	68,249	SH		OTR		0	0	68,249
MEDTRONIC, INC	COMMON	58505510	325	5,671	SH		OTR		0	0	5,671
MENTOR GRAPHICS CORP	COMMON	58720010	214	8,922	SH		OTR		0	0	8,922
MERCK & CO INC NEW	COMMON	58933Y10	10,779	215,374	SH		OTR		500	0	214,874
METHANEX CORP	COMMON	59151K10	11,450	193,290	SH		OTR		200	0	193,090
MICROSOFT CORP	COMMON	59491810	17,827	476,546	SH		OTR		6,100	0	470,446
MIDWAY GOLD CORP	COMMON	59815310	159	196,915	SH		OTR		0	0	196,915
MILLER, HERMAN INC	COMMON	60054410	298	10,100	SH		OTR		0	0	10,100
MOBILE MINI INC	COMMON	60740F10	1,876	45,580	SH		OTR		0	0	45,580
MONDELEZ INTL INC	COMMON	60920710	3,811	107,979	SH		OTR		300	0	107,679
MONMOUTH REAL EST INVST CORP	COMMON	60972010	362	39,825	SH		OTR		0	0	39,825
MONSANTO COMPANY (NEW)	COMMON	61166W10	531	4,559	SH		OTR		0	0	4,559
MOODYS CORP	COMMON	61536910	375	4,786	SH		OTR		0	0	4,786
MORGAN STANLEY EMERGING	COMMON	61744H10	190	20,000	SH		OTR		0	0	20,000
MOSYS, INC	COMMON	61971810	33,781	6,119,789	SH		OTR		86,000	0	6,033,789
MUELLER INDUSTRIES INC	COMMON	62475610	411	6,525	SH		OTR		0	0	6,525
MUELLER WATER PRODUCTS INC	COMMON	62475810	130	13,946	SH		OTR		0	0	13,946
MYRIAD GENETICS INC	COMMON	62855J10	3,027	144,304	SH		OTR		1,500	0	142,804
NATIONAL FUEL GAS COMPANY	COMMON	63618010	635	8,900	SH		OTR		0	0	8,900
NATL PENNSYLVANIA BANCSHARES	COMMON	63713810	529	46,700	SH		OTR		0	0	46,700
NEUSTAR INC	COMMON	64126X20	5,103	102,353	SH		OTR		2,250	0	100,103
NEW GOLD INC	COMMON	64453510	2,865	546,935	SH		OTR		2,000	0	544,935
NEW JERSEY RESOURCES CORP	COMMON	64602510	410	8,872	SH		OTR		0	0	8,872
NEWELL RUBBERMAID INC	COMMON	65122910	5,256	162,193	SH		OTR		0	0	162,193
NEWMONT MINING CORP.	COMMON	65163910	1,022	44,411	SH		OTR		0	0	44,411
NEWTEK BUSINESS SERVICES INC	COMMON	65252610	33	10,671	SH		OTR		0	0	10,671
NEXTERA ENERGY INC	COMMON	65339F10	1,038	12,128	SH		OTR		0	0	12,128
NIKE INC. CLASS B	COMMON	65410610	279	3,560	SH		OTR		0	0	3,560
NISOURCE INC	COMMON	65473P10	1,666	50,691	SH		OTR		0	0	50,691
NOBLE ENERGY INC	COMMON	65504410	390	5,732	SH		OTR		0	0	5,732
NORFOLK SOUTHERN CORPORATION	COMMON	65584410	1,176	12,671	SH		OTR		0	0	12,671
NORTH AMERICAN PALLADIUM	COMMON	65691210	6	10,000	SH		OTR		0	0	10,000
NORTHERN OIL & GAS INC	COMMON	66553110	303	20,110	SH		OTR		3,000	0	17,110
NORTHWEST NATURAL GAS CO	COMMON	66765510	953	22,271	SH		OTR		0	0	22,271
NOVARTIS A G	COMMON	66987V10	3,131	38,959	SH		OTR		0	0	38,959
OGE ENERGY CORP	COMMON	67083710	5,229	154,252	SH		OTR		0	0	154,252
OCCIDENTAL PETROLEUM CORP	COMMON	67459910	299	3,146	SH		OTR		0	0	3,146
OMNICARE, INC.	COMMON	68190410	4,140	68,599	SH		OTR		0	0	68,599
OMEROS CORP	COMMON	68214310	14,257	1,262,885	SH		OTR		70,000	0	1,192,885
ONEOK INC NEW	COMMON	68268010	7,845	126,177	SH		OTR		0	0	126,177
ORACLE CORP	COMMON	68389X10	26,740	698,926	SH		OTR		12,604	0	686,322
OWENS & MINOR INC (HLDG CO.)	COMMON	69073210	392	10,737	SH		OTR		0	0	10,737
OWENS CORNING INC	COMMON	69074210	217	5,350	SH		OTR		400	0	4,950
OXFORD LANE CAPITAL CORP	COMMON	69154310	1,271	73,347	SH		OTR		251	0	73,096
PICO HOLDINGS INC	COMMON	69336620	689	29,855	SH		OTR		0	0	29,855
PNC FINANCIAL SERVICES GRP INC	COMMON	69347510	425	5,489	SH		OTR		0	0	5,489
PALL CORPORATION	COMMON	69642930	614	7,200	SH		OTR		0	0	7,200
PAN AMERICAN SILVER CORP	COMMON	69790010	444	38,000	SH		OTR		0	0	38,000
PARKER-HANNIFIN CORPORATION	COMMON	70109410	1,924	14,963	SH		OTR		0	0	14,963
PAYCHEX INC.	COMMON	70432610	209	4,607	SH		OTR		0	0	4,607
PEABODY ENERGY CORP	COMMON	70454910	340	17,427	SH		OTR		0	0	17,427
PEMBINA PIPELINE CORP	COMMON	70632710	3,159	89,672	SH		OTR		0	0	89,672
PEPSICO INC	COMMON	71344810	16,247	195,890	SH		OTR		2,100	0	193,790
PETSMART INC	COMMON	71676810	298	4,100	SH		OTR		0	0	4,100
PFIZER INC	COMMON	71708110	27,025	882,333	SH		OTR		800	0	881,533
PHILIP MORRIS INTERNATIONAL	COMMON	71817210	3,401	39,045	SH		OTR		0	0	39,045
PHILLIPS 66	COMMON	71854610	10,313	133,716	SH		OTR		2,350	0	131,366
PHOTOMEDEX INC	COMMON	71935830	382	29,500	SH		OTR		10,000	0	19,500
PIMCO DYNAMIC CREDIT INCOME FD	COMMON	72202D10	422	18,800	SH		OTR		0	0	18,800
PINNACLE WEST CAPITAL CORP	COMMON	72348410	791	14,950	SH		OTR		0	0	14,950
PIONEER NATURAL RESOURCES CO	COMMON	72378710	213,966	1,162,418	SH		OTR		275	0	1,162,143
PLATINUM GROUP METALS LTD	COMMON	72765Q20	40	35,000	SH		OTR		0	0	35,000
PLUM CREEK TIMBER COMPANY INC	COMMON	72925110	968	20,820	SH		OTR		0	0	20,820
POLYPORE INTERNATIONAL INC	COMMON	73179V10	588	15,121	SH		OTR		0	0	15,121
PRAXAIR, INC	COMMON	74005P10	374	2,882	SH		OTR		0	0	2,882
PROCTER & GAMBLE CO	COMMON	74271810	34,004	417,696	SH		OTR		2,250	0	415,446
PROSPERITY BANCSHARES INC	COMMON	74360610	216	3,420	SH		OTR		0	0	3,420
PUBLIC SERVICE ENTERPRISE GRP	COMMON	74457310	356	11,141	SH		OTR		0	0	11,141
QEP RESOURCES INC	COMMON	74733V10	343	11,210	SH		OTR		0	0	11,210
QUALCOMM, INC	COMMON	74752510	1,117	15,044	SH		OTR		800	0	14,244
QUANTA SERVICES INC	COMMON	74762E10	757	24,000	SH		OTR		0	0	24,000
QUESTAR CORP	COMMON	74835610	2,364	102,861	SH		OTR		0	0	102,861
QUINSTREET INC	COMMON	74874Q10	374	43,125	SH		OTR		0	0	43,125
RPM INTERNATIONAL INC	COMMON	74968510	759	18,300	SH		OTR		0	0	18,300
RANGE RESOURCES CORP	COMMON	75281A10	1,939	22,999	SH		OTR		0	0	22,999
REAVES UTILITY INCOME FUND	COMMON	75615810	436	17,400	SH		OTR		0	0	17,400
RENTRAK CORP	COMMON	76017410	4,387	115,783	SH		OTR		1,000	0	114,783
REPUBLIC SERVICE INC	COMMON	76075910	1,101	33,188	SH		OTR		500	0	32,688
RITE AID CORP	COMMON	76775410	137	27,100	SH		OTR		18,825	0	8,275
ROGERS COMMUNICATIONS INC CL B	COMMON	77510920	371	8,200	SH		OTR		0	0	8,200
ROPER INDUSTRIES, INC NEW	COMMON	77669610	12,629	91,072	SH		OTR		400	0	90,672
ROSETTA RESOURCES INC	COMMON	77777930	389	8,112	SH		OTR		0	0	8,112
ROYAL DUTCH SHELL PLC	COMMON	78025920	1,750	24,556	SH		OTR		0	0	24,556
SEI INVESTMENTS CO	COMMON	78411710	2,902	83,574	SH		OTR		5,000	0	78,574
SANOFI	COMMON	80105N10	2,875	53,609	SH		OTR		300	0	53,309
SCANA CORP. (NEW)	COMMON	80589M10	602	12,842	SH		OTR		0	0	12,842
SCHLUMBERGER LIMITED	COMMON	80685710	3,643	40,435	SH		OTR		1,000	0	39,435
SEALED AIR CORPORATION NEW	COMMON	81211K10	16,644	488,822	SH		OTR		10,000	0	478,822
SEATTLE GENETICS INC	COMMON	81257810	1,619	40,590	SH		OTR		0	0	40,590
SEMPRA ENERGY	COMMON	81685110	210	2,350	SH		OTR		0	0	2,350
SHIRE PHARMACEUTICALS GROUP	COMMON	82481R10	325	2,305	SH		OTR		0	0	2,305
SIGMA-ALDRICH CORPORATION	COMMON	82655210	375	3,990	SH		OTR		0	0	3,990
SILVERCREST MINES INC	COMMON	82836510	579	345,006	SH		OTR		220,000	0	125,006
SIMON PROPERTY GROUP INC	COMMON	82880610	209	1,378	SH		OTR		0	0	1,378
SMUCKER JM CO NEW	COMMON	83269640	4,127	39,830	SH		OTR		0	0	39,830
SOUTH JERSEY INDUSTRIES INC.	COMMON	83851810	577	10,320	SH		OTR		0	0	10,320
SOUTHERN COMPANY	COMMON	84258710	337	8,200	SH		OTR		0	0	8,200
SPECTRA ENERGY CORP	COMMON	84756010	3,105	87,197	SH		OTR		0	0	87,197
SPROTT PHYSICAL PLATINUM PAL	COMMON	85207Q10	86	10,000	SH		OTR		10,000	0	0
STANLEY BLACK & DECKER INC	COMMON	85450210	363	4,501	SH		OTR		0	0	4,501
STATE STREET CORPORATION	COMMON	85747710	375	5,120	SH		OTR		800	0	4,320
STRATUS PROPERTIES INC NEW	COMMON	86316720	22,239	1,298,254	SH		OTR		455	0	1,297,799
STRYKER CORP	COMMON	86366710	1,133	15,090	SH		OTR		0	0	15,090
SUNCOR ENERGY INC NEW	COMMON	86722410	3,785	108,016	SH		OTR		6,850	0	101,166
SUPERIOR ENERGY SERVICES INC	COMMON	86815710	1,097	41,250	SH		OTR		2,100	0	39,150
SUPERVALU INC	COMMON	86853610	601	82,518	SH		OTR		0	0	82,518
SUPPORT.COM INC	COMMON	86858W10	1,613	425,721	SH		OTR		0	0	425,721
SYNGENTA AG SPONSORED ADR	COMMON	87160A10	683	8,550	SH		OTR		0	0	8,550
SYSCO CORPORATION	COMMON	87182910	235	6,514	SH		OTR		0	0	6,514
SYSTEMAX INC	COMMON	87185110	1,587	141,093	SH		OTR		3,000	0	138,093
TECO ENERGY, INC	COMMON	87237510	267	15,497	SH		OTR		0	0	15,497
TALISMAN ENERGY INC	COMMON	87425E10	149	12,875	SH		OTR		0	0	12,875
TARGET CORP	COMMON	87612E10	251	3,974	SH		OTR		0	0	3,974
TASEKO MINES LTD	COMMON	87651110	119	56,306	SH		OTR		7,000	0	49,306
TETRA TECH INC	COMMON	88162G10	223	8,000	SH		OTR		0	0	8,000
TEXAS INSTRUMENTS INC.	COMMON	88250810	696	15,855	SH		OTR		0	0	15,855
THERAVANCE INC	COMMON	88338T10	271	7,605	SH		OTR		0	0	7,605
THERMO FISHER SCIENTIFIC INC	COMMON	88355610	222	2,000	SH		OTR		500	0	1,500
THOMSON CORPORATION (THE)	COMMON	88490310	772	20,418	SH		OTR		0	0	20,418
3M COMPANY	COMMON	88579Y10	1,883	13,432	SH		OTR		0	0	13,432
TIME WARNER INC NEW	COMMON	88731730	417	5,989	SH		OTR		0	0	5,989
TIMMINS GOLD CORP	COMMON	88741P10	26	25,000	SH		OTR		0	0	25,000
TORCHMARK CORP	COMMON	89102710	9,597	122,807	SH		OTR		0	0	122,807
TORONTO-DOMINION BANK	COMMON	89116050	270	2,872	SH		OTR		0	0	2,872
TOTAL S.A.	COMMON	89151E10	365	5,970	SH		OTR		0	0	5,970
TRACTOR SUPPLY CO	COMMON	89235610	1,668	21,510	SH		OTR		0	0	21,510
TRANSCANADA CORP	COMMON	89353D10	264	5,800	SH		OTR		0	0	5,800
US BANCORP DEL NEW	COMMON	90297330	210	5,200	SH		OTR		0	0	5,200
USEC INC	CV CORP BND	90333EAC	247	680,000	PRN		OTR		0	0	680,000
UNILEVER PLC(NEW)ADS(RP4 ORD)	COMMON	90476770	4,702	114,135	SH		OTR		500	0	113,635
UNILEVER NV NEW	COMMON	90478470	8,007	199,045	SH		OTR		0	0	199,045
UNION PACIFIC CORPORATION	COMMON	90781810	4,314	25,680	SH		OTR		0	0	25,680
UNITED PARCEL SVC INC.	COMMON	91131210	574	5,466	SH		OTR		0	0	5,466
UNITED TECHNOLOGIES CORP	COMMON	91301710	19,163	168,392	SH		OTR		1,600	0	166,792
UNIVERSAL ELECTRONICS INC	COMMON	91348310	259	6,800	SH		OTR		0	0	6,800
UNIVERSAL HEALTH SVCS CL B	COMMON	91390310	243	3,000	SH		OTR		0	0	3,000
VALERO ENERGY 'NEW'	COMMON	91913Y10	209	4,166	SH		OTR		0	0	4,166
VANGUARD FTSE ALL-WORLD EX-U	COMMON	92204277	240	4,740	SH		OTR		0	0	4,740
VECTREN CORP	COMMON	92240G10	610	17,200	SH		OTR		0	0	17,200
VERIZON COMMUNICATIONS	COMMON	92343V10	6,790	138,185	SH		OTR		500	0	137,685
VERISK ANALYTICS	COMMON	92345Y10	1,234	18,788	SH		OTR		400	0	18,388
VERMILION ENERGY INC	COMMON	92372510	2,597	44,239	SH		OTR		1,500	0	42,739
VIACOM INC	COMMON	92553P20	733	8,399	SH		OTR		0	0	8,399
VICAL INCORPORATED	COMMON	92560210	216	183,284	SH		OTR		0	0	183,284
VISA INC	COMMON	92826C83	1,259	5,657	SH		OTR		0	0	5,657
VMWARE INC	COMMON	92856340	953	10,625	SH		OTR		0	0	10,625
VODAFONE GROUP PLC ADR	COMMON	92857W20	31,685	806,051	SH		OTR		8,800	0	797,251
WADDELL & REED FINANCIAL	COMMON	93005910	3,211	49,323	SH		OTR		0	0	49,323
WAL-MART STORES, INC	COMMON	93114210	2,154	27,377	SH		OTR		0	0	27,377
WALGREEN CO	COMMON	93142210	486	8,475	SH		OTR		0	0	8,475
WASTE MANAGEMENT NEW	COMMON	94106L10	1,298	28,950	SH		OTR		800	0	28,150
WATSCO INC	COMMON	94262220	217	2,260	SH		OTR		0	0	2,260
WELLS FARGO & CO NEW	COMMON	94974610	2,442	53,806	SH		OTR		2,600	0	51,206
WEYERHAEUSER CO	COMMON	96216610	1,545	48,940	SH		OTR		0	0	48,940
WILLIAMS COMPANIES, INC	COMMON	96945710	98,848	2,562,837	SH		OTR		42,418	0	2,520,419
WORLD ACCEPTANCE CORPORATION	COMMON	98141910	9,651	110,269	SH		OTR		6,000	0	104,269
WORTHINGTON INDS. INC	COMMON	98181110	213	5,072	SH		OTR		0	0	5,072
WPX ENERGY INC	COMMON	98212B10	13,811	677,698	SH		OTR		61,088	0	616,610
XCEL ENERGY INC	COMMON	98389B10	333	11,944	SH		OTR		0	0	11,944
XEROX CORP	COMMON	98412110	508	41,800	SH		OTR		0	0	41,800
YAHOO INC	COMMON	98433210	321	7,960	SH		OTR		0	0	7,960
YAMANA GOLD INC	COMMON	98462Y10	1,684	195,406	SH		OTR		7,500	0	187,906
ZIMMER HOLDINGS	COMMON	98956P10	2,596	27,867	SH		OTR		0	0	27,867