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, 2003
Check here if amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Central Securities Corporation
Address: 375 Park Avenue
New York, New York 10152
13F File Number: 28-6578
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: Marlene A. Krumholz
Title: Secretary
Phone: 212-688-3011
Signature, Place, and Date of Signing:
/s/ Marlene A. Krumholz New York, New York May 6, 2003
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
None
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 38
Form 13F Information Table Value Total: 255,972
List of Other Included Managers:
None
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
====================================================================================================================================
ACCENTURE LTD COMMON G115OG 11 1 4340 280000 SH SOLE 280000 0 0
AMERICAN INTERNATIONAL
GROUP, INC. COMMON 026874 10 7 4945 100000 SH SOLE 100000 0 0
AMERICAN MGMT SYSTEMS INC. COMMON 027352 10 3 19570 1620000 SH SOLE 1620000 0 0
ANALOG DEVICES , INC. COMMON 032654 10 5 15125 550000 SH SOLE 550000 0 0
ARCH CAPITAL GROUP LTD. COMMON G0450A 10 5 6790 200000 SH SOLE 200000 0 0
ARVINMERITOR, INC. COMMON 043353 10 1 8114 580000 SH SOLE 580000 0 0
BANK OF NEW YORK CO., INC. COMMON 064057 10 2 12300 600000 SH SOLE 600000 0 0
BRADY CORPORATION COMMON 104674 10 6 14706 520000 SH SOLE 520000 0 0
BROADWING INC. COMMON 111620 10 0 4000 1000000 SH SOLE 1000000 0 0
CAPITAL ONE FINANCIAL CORP. COMMON 14040H 10 5 15005 500000 SH SOLE 500000 0 0
CARMAX, INC. COMMON 143130 10 2 1311 90000 SH SOLE 90000 0 0
CONCORD EFS, Inc. COMMON 206197 10 5 940 100000 SH SOLE 100000 0 0
CONVERGYS CORPORATION COMMON 212485 10 6 11616 880000 SH SOLE 880000 0 0
DUKE ENERGY CORP. COMMON 264399 10 6 1599 110000 SH SOLE 110000 0 0
ENCANA CORP. COMMON 292505 10 4 5178 160000 SH SOLE 160000 0 0
EVEREST RE GROUP LTD. COMMON G3223R 10 8 2861 50000 SH SOLE 50000 0 0
FLEETBOSTON FINANCIAL CORP. COMMON 339030 10 8 2388 100000 SH SOLE 100000 0 0
FLEXTRONICS INT'L. LTD. COMMON Y2573F 10 2 11772 1350000 SH SOLE 1350000 0 0
HSBC HOLDINGS PLC ADR COMMON 404280 40 6 2735 53500 SH SOLE 53500 0 0
IMPATH, INC. COMMON 45255G 10 1 5653 420000 SH SOLE 420000 0 0
INTEL CORPORATION COMMON 458140 10 0 18071 1110000 SH SOLE 1110000 0 0
KERR-MCGEE CORPORATION COMMON 492386 10 7 8934 220000 SH SOLE 220000 0 0
MARSH & MCLENNAN
COMPANIES, INC. COMMON 571748 10 2 2131 50000 SH SOLE 50000 0 0
MERCK & CO., INC. COMMON 589331 10 7 5478 100000 SH SOLE 100000 0 0
MOTOROLA, INC. COMMON 620076 10 9 2726 330000 SH SOLE 330000 0 0
MURPHY OIL CORPORATION COMMON 626717 10 2 13251 300000 SH SOLE 300000 0 0
PEERLESS SYSTEMS CORP. COMMON 705536 10 0 322 200000 SH SOLE 200000 0 0
POLYONE CORPORATION COMMON 73179P 10 6 5352 1372400 SH SOLE 1372400 0 0
ROHM AND HAAS COMPANY COMMON 775371 10 7 8934 300000 SH SOLE 300000 0 0
ROPER INDUSTRIES, INC. COMMON 776696 10 6 577 20000 SH SOLE 20000 0 0
SCHERING-PLOUGH CORP. COMMON 806605 10 1 5349 300000 SH SOLE 300000 0 0
SOLECTRON CORPORATION COMMON 834182 10 7 2416 800000 SH SOLE 800000 0 0
SUNGARD DATA SYSTEMS INC. COMMON 867363 10 3 12567 590000 SH SOLE 590000 0 0
TRANSPORT CORP OF AMERICA COMMON 89385P 10 2 2669 533757 SH SOLE 533757 0 0
THE TRIZETTO GROUP, INC. COMMON 896882 10 7 3717 900000 SH SOLE 900000 0 0
UNISYS CORPORATION COMMON 909214 10 8 10649 1150000 SH SOLE 1150000 0 0
VICAL INCORPORATED COMMON 925602 10 4 391 150000 SH SOLE 150000 0 0
WIND RIVER SYSTEMS, INC. COMMON 973149 10 7 1490 500000 SH SOLE 500000 0 0