Markston International 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
3M COMPANY	common stock	88579Y101	4,281	31,559	SH		SOLE		31,559	0	0
3M COMPANY	common stock	88579Y101	9,049	66,704	SH		OTR	1	66,704	0	0
ABBOTT LABORATORIES	common stock	002824100	1,540	39,980	SH		SOLE		39,980	0	0
ABBOTT LABORATORIES	common stock	002824100	5,154	133,827	SH		OTR	1	133,827	0	0
ABBVIE, INC.	common stock	00287Y109	2,137	41,584	SH		SOLE		41,584	0	0
ABBVIE, INC.	common stock	00287Y109	6,879	133,827	SH		OTR	1	133,827	0	0
ACCO BRANDS CORPORATION	common stock	00081T108	1	234	SH		SOLE		234	0	0
ADT CORPORATION	common stock	00101J106	533	17,809	SH		SOLE		17,809	0	0
ADT CORPORATION	common stock	00101J106	2,632	87,889	SH		OTR	1	87,889	0	0
AES CORPORATION (THE)	common stock	00130H105	29	2,000	SH		SOLE		2,000	0	0
AETNA, INC.	common stock	00817Y108	8,081	107,784	SH		SOLE		107,784	0	0
AETNA, INC.	common stock	00817Y108	28,690	382,680	SH		OTR	1	382,680	0	0
AKORN, INC.	common stock	009728106	35	1,600	SH		SOLE		1,600	0	0
ALCATEL-LUCENT ADR	common stock	013904305	0	11	SH		SOLE		11	0	0
ALKERMES PLC	common stock	G01767105	3,170	71,900	SH		OTR	1	71,900	0	0
ALLEGHANY CORPORATION	common stock	017175100	16	40	SH		SOLE		40	0	0
ALLSTATE CORPORATION	common stock	020002101	2,074	36,661	SH		SOLE		36,661	0	0
ALLSTATE CORPORATION	common stock	020002101	8,193	144,809	SH		OTR	1	144,809	0	0
AMC NETWORKS INC.	common stock	00164V103	433	5,925	SH		SOLE		5,925	0	0
AMERICAN EXPRESS CO.	common stock	025816109	6,951	77,207	SH		SOLE		77,207	0	0
AMERICAN EXPRESS CO.	common stock	025816109	32,493	360,910	SH		OTR	1	360,910	0	0
AMERICAN INTERNATIONAL GROUP,	common stock	026874784	1,660	33,196	SH		SOLE		33,196	0	0
AMERICAN INTERNATIONAL GROUP,	common stock	026874784	5,844	116,860	SH		OTR	1	116,860	0	0
AMERIPRISE FINANCIAL, INC.	common stock	03076C106	1,864	16,933	SH		SOLE		16,933	0	0
AMERIPRISE FINANCIAL, INC.	common stock	03076C106	5,126	46,570	SH		OTR	1	46,570	0	0
ANADARKO PETROLEUM CORP.	common stock	032511107	4,758	56,132	SH		SOLE		56,132	0	0
ANADARKO PETROLEUM CORP.	common stock	032511107	11,844	139,734	SH		OTR	1	139,734	0	0
ANIXTER INTERNATIONAL, INC.	common stock	035290105	10	100	SH		SOLE		100	0	0
AOL, INC.	common stock	00184X105	4	95	SH		SOLE		95	0	0
AON CORPORATION	common stock	G0408V102	2,295	27,231	SH		SOLE		27,231	0	0
AON CORPORATION	common stock	G0408V102	6,527	77,440	SH		OTR	1	77,440	0	0
APACHE CORPORATION	common stock	037411105	3,084	37,184	SH		SOLE		37,184	0	0
APACHE CORPORATION	common stock	037411105	9,297	112,079	SH		OTR	1	112,079	0	0
APPLE, INC.	common stock	037833100	12,164	22,662	SH		SOLE		22,662	0	0
APPLE, INC.	common stock	037833100	38,294	71,345	SH		OTR	1	71,345	0	0
ASCENT CAPITAL GROUP, INC.	common stock	043632108	15	198	SH		SOLE		198	0	0
AT&T, INC.	common stock	00206R102	3,111	88,699	SH		SOLE		88,699	0	0
AT&T, INC.	common stock	00206R102	9,044	257,895	SH		OTR	1	257,895	0	0
AUTOMATIC DATA PROCESSING, INC	common stock	053015103	3,814	49,365	SH		SOLE		49,365	0	0
AUTOMATIC DATA PROCESSING, INC	common stock	053015103	11,221	145,237	SH		OTR	1	145,237	0	0
AVIS BUDGET GROUP, INC.	common stock	053774105	19	400	SH		SOLE		400	0	0
BAKER HUGHES INC.	common stock	057224107	517	7,950	SH		SOLE		7,950	0	0
BAKER HUGHES INC.	common stock	057224107	2,979	45,822	SH		OTR	1	45,822	0	0
BANK OF AMERICA CORPORATION	common stock	060505104	1,985	115,398	SH		SOLE		115,398	0	0
BANK OF AMERICA CORPORATION	common stock	060505104	6,421	373,304	SH		OTR	1	373,304	0	0
BANK OF NEW YORK MELLON CORPOR	common stock	064058100	2,630	74,534	SH		SOLE		74,534	0	0
BANK OF NEW YORK MELLON CORPOR	common stock	064058100	3,943	111,725	SH		OTR	1	111,725	0	0
BARNES & NOBLE, INC.	common stock	067774109	3	150	SH		SOLE		150	0	0
BAXTER INTERNATIONAL, INC.	common stock	071813109	2,482	33,735	SH		SOLE		33,735	0	0
BAXTER INTERNATIONAL, INC.	common stock	071813109	7,361	100,043	SH		OTR	1	100,043	0	0
BERKSHIRE HATHAWAY, INC. CLASS	common stock	084670702	1,642	13,141	SH		SOLE		13,141	0	0
BERKSHIRE HATHAWAY, INC. CLASS	common stock	084670702	3,030	24,249	SH		OTR	1	24,249	0	0
BLACK HILLS CORPORATION	common stock	092113109	9	160	SH		SOLE		160	0	0
BOEING COMPANY	common stock	097023105	8,242	65,677	SH		SOLE		65,677	0	0
BOEING COMPANY	common stock	097023105	28,608	227,970	SH		OTR	1	227,970	0	0
BOSTON SCIENTIFIC CORPORATION	common stock	101137107	2	150	SH		SOLE		150	0	0
BP PLC SPONSORED ADR	common stock	055622104	517	10,739	SH		SOLE		10,739	0	0
BUNGE LIMITED	common stock	G16962105	214	2,690	SH		SOLE		2,690	0	0
BUNGE LIMITED	common stock	G16962105	2,020	25,400	SH		OTR	1	25,400	0	0
CABLEVISION SYSTEMS CORP. CL A	common stock	12686C109	1,637	97,007	SH		SOLE		97,007	0	0
CABLEVISION SYSTEMS CORP. CL A	common stock	12686C109	4,242	251,462	SH		OTR	1	251,462	0	0
CATERPILLAR, INC.	common stock	149123101	4,725	47,549	SH		SOLE		47,549	0	0
CATERPILLAR, INC.	common stock	149123101	11,375	114,475	SH		OTR	1	114,475	0	0
CBS OUTDOOR AMERICAS, INC.	common stock	14987J106	15	500	SH		SOLE		500	0	0
CBS OUTDOOR AMERICAS, INC.	common stock	14987J106	278	9,500	SH		OTR	1	9,500	0	0
CELADON GROUP, INC.	common stock	150838100	36	1,500	SH		SOLE		1,500	0	0
CELADON GROUP, INC.	common stock	150838100	2,613	108,692	SH		OTR	1	108,692	0	0
CELGENE CORPORATION	common stock	151020104	338	2,421	SH		SOLE		2,421	0	0
CELGENE CORPORATION	common stock	151020104	11,908	85,300	SH		OTR	1	85,300	0	0
CENTURYTEL, INC.	common stock	156700106	25	749	SH		SOLE		749	0	0
CHESAPEAKE ENERGY CORPORATION	common stock	165167107	874	34,118	SH		SOLE		34,118	0	0
CHESAPEAKE ENERGY CORPORATION	common stock	165167107	4,973	194,124	SH		OTR	1	194,124	0	0
CHEVRON CORPORATION	common stock	166764100	5,570	46,843	SH		SOLE		46,843	0	0
CHEVRON CORPORATION	common stock	166764100	10,093	84,879	SH		OTR	1	84,879	0	0
CHUBB CORPORATION	common stock	171232101	3,791	42,457	SH		SOLE		42,457	0	0
CHUBB CORPORATION	common stock	171232101	11,172	125,111	SH		OTR	1	125,111	0	0
CITIGROUP, INC.	common stock	172967424	1,580	33,184	SH		SOLE		33,184	0	0
CITIGROUP, INC.	common stock	172967424	2,635	55,355	SH		OTR	1	55,355	0	0
CMS ENERGY CORPORATION	common stock	125896100	264	9,000	SH		SOLE		9,000	0	0
COCA-COLA COMPANY (THE)	common stock	191216100	6,202	160,425	SH		SOLE		160,425	0	0
COCA-COLA COMPANY (THE)	common stock	191216100	16,627	430,090	SH		OTR	1	430,090	0	0
COLGATE-PALMOLIVE COMPANY	common stock	194162103	444	6,846	SH		SOLE		6,846	0	0
COLGATE-PALMOLIVE COMPANY	common stock	194162103	3,405	52,483	SH		OTR	1	52,483	0	0
COMCAST CORP CL A	common stock	20030N101	2,486	49,683	SH		SOLE		49,683	0	0
COMCAST CORP CL A	common stock	20030N101	9,486	189,560	SH		OTR	1	189,560	0	0
COMCAST CORPORATION SPECIAL CL	common stock	20030N200	128	2,627	SH		SOLE		2,627	0	0
COMPUTER SCIENCES CORP.	common stock	205363104	12	200	SH		SOLE		200	0	0
CONOCOPHILLIPS	common stock	20825C104	3,830	54,436	SH		SOLE		54,436	0	0
CONOCOPHILLIPS	common stock	20825C104	10,315	146,626	SH		OTR	1	146,626	0	0
CONVERSANT, INC.	common stock	21249J105	25	900	SH		SOLE		900	0	0
CORNING,INC.	common stock	219350105	1,231	59,124	SH		SOLE		59,124	0	0
CORNING,INC.	common stock	219350105	4,035	193,800	SH		OTR	1	193,800	0	0
COVANTA HOLDING CORPORATION	common stock	22282E102	234	12,966	SH		SOLE		12,966	0	0
COVANTA HOLDING CORPORATION	common stock	22282E102	4,700	260,403	SH		OTR	1	260,403	0	0
COVIDIEN PLC	common stock	G2554F113	1,645	22,326	SH		SOLE		22,326	0	0
COVIDIEN PLC	common stock	G2554F113	12,568	170,619	SH		OTR	1	170,619	0	0
COWEN GROUP INC - CLASS A	common stock	223622101	2	400	SH		SOLE		400	0	0
CRIMSON WINE GROUP, LTD.	common stock	22662X100	0	40	SH		SOLE		40	0	0
CSX CORPORATION	common stock	126408103	973	33,601	SH		SOLE		33,601	0	0
CSX CORPORATION	common stock	126408103	6,096	210,426	SH		OTR	1	210,426	0	0
CVS CAREMARK CORPORATION	common stock	126650100	8,635	115,344	SH		SOLE		115,344	0	0
CVS CAREMARK CORPORATION	common stock	126650100	16,462	219,901	SH		OTR	1	219,901	0	0
DEVON ENERGY CORP.	common stock	25179M103	3,786	56,574	SH		SOLE		56,574	0	0
DEVON ENERGY CORP.	common stock	25179M103	10,755	160,696	SH		OTR	1	160,696	0	0
DIRECTV GROUP INC.	common stock	25490A309	1,179	15,424	SH		SOLE		15,424	0	0
DIRECTV GROUP INC.	common stock	25490A309	4,277	55,965	SH		OTR	1	55,965	0	0
DISCOVER FINANCIAL SERVICES, I	common stock	254709108	3,700	63,578	SH		SOLE		63,578	0	0
DISCOVER FINANCIAL SERVICES, I	common stock	254709108	14,798	254,305	SH		OTR	1	254,305	0	0
DOMINION RESOURCES, INC.	common stock	25746U109	2,680	37,754	SH		SOLE		37,754	0	0
DOMINION RESOURCES, INC.	common stock	25746U109	2,108	29,700	SH		OTR	1	29,700	0	0
DR. PEPPER SNAPPLE GROUP	common stock	26138E109	16	300	SH		SOLE		300	0	0
DTE ENERGY COMPANY	common stock	233331107	12	160	SH		SOLE		160	0	0
DUKE ENERGY CORP. NEW	common stock	26441C204	2,994	42,032	SH		SOLE		42,032	0	0
DUKE ENERGY CORP. NEW	common stock	26441C204	12,699	178,306	SH		OTR	1	178,306	0	0
DUPONT(E.I.) DE NEMOURS & CO.	common stock	263534109	7,408	110,407	SH		SOLE		110,407	0	0
DUPONT(E.I.) DE NEMOURS & CO.	common stock	263534109	24,495	365,050	SH		OTR	1	365,050	0	0
EBAY, INC.	common stock	278642103	6,113	110,663	SH		SOLE		110,663	0	0
EBAY, INC.	common stock	278642103	21,630	391,565	SH		OTR	1	391,565	0	0
ELECTRONIC ARTS, INC.	common stock	285512109	57	1,970	SH		SOLE		1,970	0	0
EOG RESOURCES, INC.	common stock	26875P101	3,373	17,193	SH		SOLE		17,193	0	0
EOG RESOURCES, INC.	common stock	26875P101	14,248	72,629	SH		OTR	1	72,629	0	0
EXTERRAN HOLDINGS, INC.	common stock	30225X103	2,620	59,700	SH		OTR	1	59,700	0	0
EXXON MOBIL CORPORATION	common stock	30231G102	4,340	44,434	SH		SOLE		44,434	0	0
EXXON MOBIL CORPORATION	common stock	30231G102	5,271	53,960	SH		OTR	1	53,960	0	0
FEDEX CORPORATION	common stock	31428X106	53	400	SH		SOLE		400	0	0
FINISAR CORPORATION	common stock	31787A507	3	102	SH		SOLE		102	0	0
FOREST CITY ENTERPRISES A	common stock	345550107	19	1,000	SH		SOLE		1,000	0	0
FRONTIER COMMUNICATIONS CORP.	common stock	35906A108	2	324	SH		SOLE		324	0	0
GENCORP, INC.	common stock	368682100	69	3,760	SH		SOLE		3,760	0	0
GENCORP, INC.	common stock	368682100	3,035	166,100	SH		OTR	1	166,100	0	0
GENERAL ELECTRIC COMPANY	common stock	369604103	5,838	225,504	SH		SOLE		225,504	0	0
GENERAL ELECTRIC COMPANY	common stock	369604103	20,188	779,748	SH		OTR	1	779,748	0	0
GOLDMAN SACHS GROUP, INC.	common stock	38141G104	2,136	13,039	SH		SOLE		13,039	0	0
GOLDMAN SACHS GROUP, INC.	common stock	38141G104	7,958	48,569	SH		OTR	1	48,569	0	0
GOOGLE INC CLASS C	common stock	38259P706	8,760	7,860	SH		SOLE		7,860	0	0
GOOGLE INC CLASS C	common stock	38259P706	27,540	24,710	SH		OTR	1	24,710	0	0
HARLEY DAVIDSON, INC.	common stock	412822108	43	650	SH		SOLE		650	0	0
HARTFORD FINANCIAL SERVICES GR	common stock	416515104	5	135	SH		SOLE		135	0	0
HCC INSURANCE HOLDINGS, INC.	common stock	404132102	24	520	SH		SOLE		520	0	0
HCP, INC.	common stock	40414L109	4,180	107,752	SH		SOLE		107,752	0	0
HCP, INC.	common stock	40414L109	10,836	279,361	SH		OTR	1	279,361	0	0
HESS CORPORATION	common stock	42809H107	3,644	43,963	SH		SOLE		43,963	0	0
HESS CORPORATION	common stock	42809H107	9,418	113,636	SH		OTR	1	113,636	0	0
HEXCEL CORPORATION	common stock	428291108	113	2,600	SH		SOLE		2,600	0	0
HOME DEPOT, INC.	common stock	437076102	2,474	31,271	SH		SOLE		31,271	0	0
HOME DEPOT, INC.	common stock	437076102	10,002	126,398	SH		OTR	1	126,398	0	0
HONEYWELL INTERNATIONAL, INC.	common stock	438516106	879	9,471	SH		SOLE		9,471	0	0
HONEYWELL INTERNATIONAL, INC.	common stock	438516106	6,999	75,452	SH		OTR	1	75,452	0	0
HOSPIRA, INC.	common stock	441060100	1,760	40,701	SH		SOLE		40,701	0	0
HOSPIRA, INC.	common stock	441060100	6,274	145,074	SH		OTR	1	145,074	0	0
HUDSON GLOBAL, INC.	common stock	443787106	1	200	SH		SOLE		200	0	0
ICG GROUP, INC.	common stock	44928D108	31	1,500	SH		SOLE		1,500	0	0
ICU MEDICAL, INC.	common stock	44930G107	6	100	SH		SOLE		100	0	0
IMMUNOMEDICS, INC.	common stock	452907108	1	300	SH		SOLE		300	0	0
INFINERA CORPORATION	common stock	45667G103	42	4,655	SH		SOLE		4,655	0	0
INFINERA CORPORATION	common stock	45667G103	1,088	119,850	SH		OTR	1	119,850	0	0
INTEL CORP.	common stock	458140100	1,945	75,358	SH		SOLE		75,358	0	0
INTEL CORP.	common stock	458140100	6,782	262,725	SH		OTR	1	262,725	0	0
INTERNATIONAL BUSINESS MACHINE	common stock	459200101	5,826	30,266	SH		SOLE		30,266	0	0
INTERNATIONAL BUSINESS MACHINE	common stock	459200101	17,632	91,599	SH		OTR	1	91,599	0	0
J.C. PENNEY COMPANY, INC.	common stock	708160106	43	5,014	SH		SOLE		5,014	0	0
J.C. PENNEY COMPANY, INC.	common stock	708160106	951	110,297	SH		OTR	1	110,297	0	0
JACOBS ENGINEERING GROUP, INC.	common stock	469814107	1,535	24,176	SH		SOLE		24,176	0	0
JACOBS ENGINEERING GROUP, INC.	common stock	469814107	7,160	112,751	SH		OTR	1	112,751	0	0
JOHNSON & JOHNSON	common stock	478160104	2,507	25,525	SH		SOLE		25,525	0	0
JOHNSON & JOHNSON	common stock	478160104	9,059	92,225	SH		OTR	1	92,225	0	0
JOHNSON CONTROLS, INC.	common stock	478366107	699	14,775	SH		SOLE		14,775	0	0
JOHNSON CONTROLS, INC.	common stock	478366107	2,198	46,440	SH		OTR	1	46,440	0	0
JPMORGAN CHASE & COMPANY	common stock	46625H100	3,317	54,636	SH		SOLE		54,636	0	0
JPMORGAN CHASE & COMPANY	common stock	46625H100	12,432	204,772	SH		OTR	1	204,772	0	0
KCG HOLDINGS, ING.	common stock	48244B100	1	95	SH		SOLE		95	0	0
KEMET CORPORATION	common stock	488360108	2	300	SH		SOLE		300	0	0
KINROSS GOLD CORPORATION	common stock	496902404	3	700	SH		SOLE		700	0	0
KROGER CO.	common stock	501044101	435	9,964	SH		SOLE		9,964	0	0
LEUCADIA NATIONAL CORPORATION	common stock	527288104	938	33,486	SH		SOLE		33,486	0	0
LEUCADIA NATIONAL CORPORATION	common stock	527288104	4,511	161,124	SH		OTR	1	161,124	0	0
LIBERTY MEDIA CORPORATION	common stock	531229102	11,794	90,214	SH		SOLE		90,214	0	0
LIBERTY MEDIA CORPORATION	common stock	531229102	42,741	326,944	SH		OTR	1	326,944	0	0
LIBERTY MEDIA HOLDING CORP.-IN	common stock	53071M104	4,012	138,982	SH		SOLE		138,982	0	0
LIBERTY MEDIA HOLDING CORP.-IN	common stock	53071M104	15,898	550,690	SH		OTR	1	550,690	0	0
LIBERTY VENTURES - SER A	common stock	53071M880	1,147	8,798	SH		SOLE		8,798	0	0
LIBERTY VENTURES - SER A	common stock	53071M880	3,258	24,997	SH		OTR	1	24,997	0	0
LIVE NATION ENTERTAINMENT, INC	common stock	538034109	9	400	SH		SOLE		400	0	0
LOWE'S COMPANIES, INC.	common stock	548661107	4,052	82,870	SH		SOLE		82,870	0	0
LOWE'S COMPANIES, INC.	common stock	548661107	14,383	294,137	SH		OTR	1	294,137	0	0
MADISON SQUARE GARDEN COMPANY	common stock	55826P100	893	15,731	SH		SOLE		15,731	0	0
MADISON SQUARE GARDEN COMPANY	common stock	55826P100	9,097	160,209	SH		OTR	1	160,209	0	0
MALLINCKRODT PLC	common stock	G5785G107	104	1,645	SH		SOLE		1,645	0	0
MARATHON OIL CORPORATION	common stock	565849106	3,338	93,965	SH		SOLE		93,965	0	0
MARATHON OIL CORPORATION	common stock	565849106	6,730	189,474	SH		OTR	1	189,474	0	0
MARATHON PETROLEUM CORPORATION	common stock	56585A102	5,163	59,318	SH		SOLE		59,318	0	0
MARATHON PETROLEUM CORPORATION	common stock	56585A102	16,450	188,988	SH		OTR	1	188,988	0	0
MARKET VECT GOLD MINERS	common stock	57060U100	1	50	SH		SOLE		50	0	0
MARSH & MCLENNAN COMPANIES, IN	common stock	571748102	508	10,295	SH		SOLE		10,295	0	0
MARSH & MCLENNAN COMPANIES, IN	common stock	571748102	2,672	54,194	SH		OTR	1	54,194	0	0
MATTEL INC.	common stock	577081102	178	4,433	SH		SOLE		4,433	0	0
MCDONALD'S CORP.	common stock	580135101	2,682	27,356	SH		SOLE		27,356	0	0
MCDONALD'S CORP.	common stock	580135101	11,183	114,080	SH		OTR	1	114,080	0	0
MEADWESTVACO CORP.	common stock	583334107	27	710	SH		SOLE		710	0	0
MEADWESTVACO CORP.	common stock	583334107	3,026	80,405	SH		OTR	1	80,405	0	0
MEDTRONIC INC.	common stock	585055106	2,259	36,701	SH		SOLE		36,701	0	0
MEDTRONIC INC.	common stock	585055106	10,049	163,296	SH		OTR	1	163,296	0	0
MERCK & CO. INC.	common stock	58933Y105	4,456	78,491	SH		SOLE		78,491	0	0
MERCK & CO. INC.	common stock	58933Y105	7,421	130,726	SH		OTR	1	130,726	0	0
METLIFE, INC.	common stock	59156R108	3,910	74,059	SH		SOLE		74,059	0	0
METLIFE, INC.	common stock	59156R108	9,191	174,076	SH		OTR	1	174,076	0	0
MICROSOFT CORPORATION	common stock	594918104	6,334	154,518	SH		SOLE		154,518	0	0
MICROSOFT CORPORATION	common stock	594918104	21,270	518,913	SH		OTR	1	518,913	0	0
MID AMERICAN APARTMENT COMMUNI	common stock	59522j103	25	360	SH		SOLE		360	0	0
MONDELEZ INTERNATIONAL, INC.	common stock	609207105	1,795	51,947	SH		SOLE		51,947	0	0
MONDELEZ INTERNATIONAL, INC.	common stock	609207105	2,291	66,300	SH		OTR	1	66,300	0	0
MONEYGRAM INTERNATIONAL, INC.	common stock	60935Y109	1	62	SH		SOLE		62	0	0
MONSANTO COMPANY	common stock	61166W101	7,589	66,709	SH		SOLE		66,709	0	0
MONSANTO COMPANY	common stock	61166W101	25,137	220,944	SH		OTR	1	220,944	0	0
MOSAIC COMPANY (THE)	common stock	61945C103	152	3,040	SH		SOLE		3,040	0	0
MOSAIC COMPANY (THE)	common stock	61945C103	1,625	32,500	SH		OTR	1	32,500	0	0
NATIONAL FUEL GAS COMPANY	common stock	636180101	1,399	19,979	SH		SOLE		19,979	0	0
NATIONAL FUEL GAS COMPANY	common stock	636180101	5,445	77,735	SH		OTR	1	77,735	0	0
NCR CORP.	common stock	62886E108	1	23	SH		SOLE		23	0	0
NEW YORK COMMUNITY BANCORP INC	common stock	649445103	10	600	SH		SOLE		600	0	0
NN, INC.	common stock	629337106	22	1,100	SH		SOLE		1,100	0	0
NORTHERN TRUST COMPANY	common stock	665859104	1,065	16,240	SH		SOLE		16,240	0	0
NORTHROP GRUMMAN CORP.	common stock	666807102	1,095	8,871	SH		SOLE		8,871	0	0
NORTHROP GRUMMAN CORP.	common stock	666807102	5,304	42,988	SH		OTR	1	42,988	0	0
ON ASSIGNMENT INC.	common stock	682159108	66	1,700	SH		SOLE		1,700	0	0
ORACLE CORPORATION	common stock	68389X105	2,222	54,325	SH		SOLE		54,325	0	0
ORACLE CORPORATION	common stock	68389X105	6,454	157,753	SH		OTR	1	157,753	0	0
ORBITAL SCIENCES CORP.	common stock	685564106	415	14,868	SH		SOLE		14,868	0	0
ORBITAL SCIENCES CORP.	common stock	685564106	4,027	144,350	SH		OTR	1	144,350	0	0
OUTERWALL INC.	common stock	690070107	2,335	32,201	SH		SOLE		32,201	0	0
OUTERWALL INC.	common stock	690070107	6,278	86,600	SH		OTR	1	86,600	0	0
PATRIOT TRANSPORTATION HOLDING	common stock	70337B102	4	100	SH		SOLE		100	0	0
PEP BOYS MANNY MOE & JACK	common stock	713278109	21	1,630	SH		SOLE		1,630	0	0
PEPSICO, INC.	common stock	713448108	7,092	84,937	SH		SOLE		84,937	0	0
PEPSICO, INC.	common stock	713448108	16,552	198,222	SH		OTR	1	198,222	0	0
PFIZER, INC.	common stock	717081103	1,544	48,076	SH		SOLE		48,076	0	0
PFIZER, INC.	common stock	717081103	4,258	132,550	SH		OTR	1	132,550	0	0
PHH CORPORATION	common stock	693320202	85	3,275	SH		SOLE		3,275	0	0
PHILIP MORRIS INTERNATIONAL, I	common stock	718172109	2,345	28,648	SH		SOLE		28,648	0	0
PHILIP MORRIS INTERNATIONAL, I	common stock	718172109	6,945	84,825	SH		OTR	1	84,825	0	0
PHILLIPS 66	common stock	718546104	2,184	28,343	SH		SOLE		28,343	0	0
PHILLIPS 66	common stock	718546104	5,236	67,953	SH		OTR	1	67,953	0	0
POPULAR, INC.	common stock	733174700	1	18	SH		SOLE		18	0	0
PROCTER & GAMBLE COMPANY	common stock	742718109	2,382	29,559	SH		SOLE		29,559	0	0
PROCTER & GAMBLE COMPANY	common stock	742718109	8,104	100,540	SH		OTR	1	100,540	0	0
RAYTHEON COMPANY	common stock	755111507	772	7,817	SH		SOLE		7,817	0	0
RAYTHEON COMPANY	common stock	755111507	5,132	51,950	SH		OTR	1	51,950	0	0
READING INTERNATIONAL, INC. CL	common stock	755408101	1	187	SH		SOLE		187	0	0
RENTRAK CORPORATION	common stock	760174102	30	500	SH		SOLE		500	0	0
ROCKWELL AUTOMATION, INC.	common stock	773903109	973	7,812	SH		SOLE		7,812	0	0
ROCKWELL AUTOMATION, INC.	common stock	773903109	11,609	93,207	SH		OTR	1	93,207	0	0
RUBICON TECHNOLOGY, INC.	common stock	78112T107	3	300	SH		SOLE		300	0	0
SANDISK CORPORATION	common stock	80004C101	870	10,710	SH		SOLE		10,710	0	0
SANDISK CORPORATION	common stock	80004C101	7,762	95,601	SH		OTR	1	95,601	0	0
SCHLUMBERGER LIMITED	common stock	806857108	3,459	35,482	SH		SOLE		35,482	0	0
SCHLUMBERGER LIMITED	common stock	806857108	10,349	106,144	SH		OTR	1	106,144	0	0
SIRIUS XM HOLDING, INC.	common stock	82968B103	52	16,100	SH		SOLE		16,100	0	0
SIRIUS XM HOLDING, INC.	common stock	82968B103	1,781	556,700	SH		OTR	1	556,700	0	0
SPECTRA ENERGY CORPORATION	common stock	847560109	3,679	99,582	SH		SOLE		99,582	0	0
SPECTRA ENERGY CORPORATION	common stock	847560109	14,504	392,650	SH		OTR	1	392,650	0	0
SPRINT NEXTEL CORPORATION	common stock	852061100	7	756	SH		SOLE		756	0	0
ST. JOE COMPANY	common stock	790148100	422	21,900	SH		SOLE		21,900	0	0
STARBUCKS CORPORATION	common stock	855244109	732	9,969	SH		SOLE		9,969	0	0
STARWOOD HOTELS & RESORTS	common stock	85590A401	770	9,675	SH		SOLE		9,675	0	0
STARWOOD HOTELS & RESORTS	common stock	85590A401	11,231	141,091	SH		OTR	1	141,091	0	0
STARZ, LLC	common stock	85571Q102	2,625	81,327	SH		SOLE		81,327	0	0
STARZ, LLC	common stock	85571Q102	5,731	177,528	SH		OTR	1	177,528	0	0
STATE STREET CORP.	common stock	857477103	7,961	114,465	SH		SOLE		114,465	0	0
STATE STREET CORP.	common stock	857477103	20,933	300,984	SH		OTR	1	300,984	0	0
SUNLINK HEALTH SYSTEMS, INC.	common stock	86737U102	1	900	SH		SOLE		900	0	0
SUNLINK HEALTH SYSTEMS, INC.	common stock	86737U102	68	43,723	SH		OTR	1	43,723	0	0
SURMODICS, INC.	common stock	868873100	8	350	SH		SOLE		350	0	0
TARGET CORPORATION	common stock	87612E106	1,037	17,133	SH		SOLE		17,133	0	0
TARGET CORPORATION	common stock	87612E106	3,791	62,650	SH		OTR	1	62,650	0	0
TD AMERITRADE HOLDING CORPORAT	common stock	87236Y108	10	300	SH		SOLE		300	0	0
TE CONNECTIVITY LTD.	common stock	H84989104	2,101	34,888	SH		SOLE		34,888	0	0
TE CONNECTIVITY LTD.	common stock	H84989104	15,386	255,541	SH		OTR	1	255,541	0	0
TERADATA CORPORATION	common stock	88076W103	5	100	SH		SOLE		100	0	0
TEVA PHARMACEUTICAL INDUSTRIES	common stock	881624209	4,013	75,950	SH		OTR	1	75,950	0	0
TEXAS INSTRUMENTS	common stock	882508104	1,240	26,304	SH		SOLE		26,304	0	0
TEXAS INSTRUMENTS	common stock	882508104	3,235	68,600	SH		OTR	1	68,600	0	0
TIBCO SOFTWARE INC.	common stock	88632Q103	8	400	SH		SOLE		400	0	0
TIME WARNER CABLE, INC.	common stock	88732J207	187	1,366	SH		SOLE		1,366	0	0
TIME WARNER CABLE, INC.	common stock	88732J207	1,964	14,320	SH		OTR	1	14,320	0	0
TIME WARNER, INC.	common stock	887317303	2,550	39,027	SH		SOLE		39,027	0	0
TIME WARNER, INC.	common stock	887317303	7,733	118,368	SH		OTR	1	118,368	0	0
TRAVELCENTERS OF AMERICA	common stock	894174101	14	1,700	SH		SOLE		1,700	0	0
TRAVELERS COMPANIES, INC.	common stock	89417E109	7,270	85,433	SH		SOLE		85,433	0	0
TRAVELERS COMPANIES, INC.	common stock	89417E109	23,535	276,557	SH		OTR	1	276,557	0	0
TYCO INTERNATIONAL, LTD.	common stock	H89128104	799	18,854	SH		SOLE		18,854	0	0
TYCO INTERNATIONAL, LTD.	common stock	H89128104	7,131	168,189	SH		OTR	1	168,189	0	0
U.S. BANCORP	common stock	902973304	5,283	123,272	SH		SOLE		123,272	0	0
U.S. BANCORP	common stock	902973304	13,098	305,600	SH		OTR	1	305,600	0	0
UDR, INC.	common stock	902653104	2,200	85,157	SH		SOLE		85,157	0	0
UDR, INC.	common stock	902653104	14,556	563,529	SH		OTR	1	563,529	0	0
UNION PACIFIC CORPORATION	common stock	907818108	5,739	30,583	SH		SOLE		30,583	0	0
UNION PACIFIC CORPORATION	common stock	907818108	15,022	80,050	SH		OTR	1	80,050	0	0
UNITED STATES STEEL CORPORATIO	common stock	912909108	271	9,800	SH		SOLE		9,800	0	0
UNITED TECHNOLOGIES CORPORATIO	common stock	913017109	836	7,154	SH		SOLE		7,154	0	0
UNITED TECHNOLOGIES CORPORATIO	common stock	913017109	2,763	23,650	SH		OTR	1	23,650	0	0
UNITEDHEALTH GROUP, INC.	common stock	91324P102	2,467	30,086	SH		SOLE		30,086	0	0
US GLOBAL INVESTORS INC.- CLAS	common stock	902952100	3	800	SH		SOLE		800	0	0
VALLEY NATIONAL BANCORP	common stock	919794107	34	3,307	SH		SOLE		3,307	0	0
VALSPAR CORP.	common stock	920355104	2,143	29,720	SH		SOLE		29,720	0	0
VERISIGN, INC.	common stock	92343E102	3,056	56,679	SH		SOLE		56,679	0	0
VERISIGN, INC.	common stock	92343E102	12,455	231,027	SH		OTR	1	231,027	0	0
VERIZON COMMUNICATIONS	common stock	92343V104	2,757	57,951	SH		SOLE		57,951	0	0
VERIZON COMMUNICATIONS	common stock	92343V104	2,471	51,940	SH		OTR	1	51,940	0	0
VODAFONE GROUP PLC NEW ADR	common stock	92857W308	8	204	SH		SOLE		204	0	0
W.R. BERKLEY CORPORATION	common stock	084423102	2,353	56,536	SH		SOLE		56,536	0	0
W.R. BERKLEY CORPORATION	common stock	084423102	7,214	173,333	SH		OTR	1	173,333	0	0
WADDELL & REED FINANCIAL, INC.	common stock	930059100	9	124	SH		SOLE		124	0	0
WAL-MART STORES, INC.	common stock	931142103	3,556	46,524	SH		SOLE		46,524	0	0
WAL-MART STORES, INC.	common stock	931142103	13,452	176,000	SH		OTR	1	176,000	0	0
WALGREEN COMPANY	common stock	931422109	3,146	47,639	SH		SOLE		47,639	0	0
WALGREEN COMPANY	common stock	931422109	10,851	164,340	SH		OTR	1	164,340	0	0
WALT DISNEY COMPANY	common stock	254687106	1,750	21,860	SH		SOLE		21,860	0	0
WALT DISNEY COMPANY	common stock	254687106	3,262	40,743	SH		OTR	1	40,743	0	0
WASTE MANAGEMENT, INC.	common stock	94106L109	473	11,237	SH		SOLE		11,237	0	0
WASTE MANAGEMENT, INC.	common stock	94106L109	1,826	43,400	SH		OTR	1	43,400	0	0
WEATHERFORD INTERNATIONAL, LTD	common stock	H27013103	279	16,100	SH		SOLE		16,100	0	0
WEATHERFORD INTERNATIONAL, LTD	common stock	H27013103	1,281	73,800	SH		OTR	1	73,800	0	0
WELLS FARGO & COMPANY	common stock	949746101	4,482	90,109	SH		SOLE		90,109	0	0
WELLS FARGO & COMPANY	common stock	949746101	16,197	325,624	SH		OTR	1	325,624	0	0
WERNER ENTERPRISES, INC.	common stock	950755108	12	480	SH		SOLE		480	0	0
WESTAR ENERGY, INC.	common stock	95709T100	141	4,000	SH		SOLE		4,000	0	0
WEYERHAEUSER COMPANY	common stock	962166104	2,981	101,580	SH		SOLE		101,580	0	0
WEYERHAEUSER COMPANY	common stock	962166104	2,352	80,140	SH		OTR	1	80,140	0	0
WHITE MOUNTAINS INSURANCE GROU	common stock	G9618E107	120	200	SH		SOLE		200	0	0
WILLIAMS COMPANIES, INC.	common stock	969457100	401	9,889	SH		SOLE		9,889	0	0
WILLIAMS COMPANIES, INC.	common stock	969457100	5,039	124,181	SH		OTR	1	124,181	0	0
WPX ENERGY, INC.	common stock	98212B103	12	666	SH		SOLE		666	0	0
WYNDHAM WORLDWIDE CORPORATION	common stock	98310W108	410	5,600	SH		SOLE		5,600	0	0
XEROX CORP.	common stock	984121103	110	9,740	SH		SOLE		9,740	0	0
YAHOO! INC.	common stock	984332106	2,190	61,000	SH		OTR	1	61,000	0	0
YUM! BRANDS, INC.	common stock	988498101	1,017	13,489	SH		SOLE		13,489	0	0
YUM! BRANDS, INC.	common stock	988498101	499	6,615	SH		OTR	1	6,615	0	0
iSHARES RUSSELL MIDCAP INDEX	common stock	464287499	155	1,000	SH		SOLE		1,000	0	0
GDL FUND (THE) SER B PFD	preferred stock	361570302	5	100	SH		SOLE		100	0	0
VANGUARD WINDSOR FUND	mutual fund	922018106	29	1,373	SH		SOLE		1,373	0	0