UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2008 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: 630 Fifth Avenue New York, New York 10111 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: 212-698-2020 Signature, Place, and Date of Signing: /s/ Marlene A. Krumholz New York, New York February 12, 2009 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: 33 Form 13F Information Table Value Total: 241,636 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 ==================================================================================================================================== ABBOTT LABORATORIES COMMON 002824 10 0 5337 100000 SH SOLE 100000 0 0 AGILENT TECHNOLOGIES, INC. COMMON 00846U 10 1 14730 942400 SH SOLE 942400 0 0 ANALOG DEVICES, INC. COMMON 032654 10 5 7418 390000 SH SOLE 390000 0 0 ARBINET-THEXCHANGE, INC. COMMON 03875P 10 0 1650 1100000 SH SOLE 1100000 0 0 BANK OF NEW YORK MELLON CORP. COMMON 064057 10 2 23386 825475 SH SOLE 825475 0 0 BERRY PETROLEUM COMPANY CLASS A 085789 10 5 2268 300000 SH SOLE 300000 0 0 BRADY CORPORATION CLASS A 104674 10 6 20837 870000 SH SOLE 870000 0 0 CAPITAL ONE FINANCIAL CORP. COMMON 14040H 10 5 7972 250000 SH SOLE 250000 0 0 CARLISLE COMPANIES INC. COMMON 142339 10 0 4140 200000 SH SOLE 200000 0 0 COHERENT, INC. COMMON 192479 10 3 18241 850000 SH SOLE 850000 0 0 CONVERGYS CORPORATION COMMON 212485 10 6 11094 1730800 SH SOLE 1730800 0 0 DEVON ENERGY CORPORATION COMMON 25179M 10 3 13142 200000 SH SOLE 200000 0 0 DOVER CORPORATION COMMON 260003 10 8 13168 400000 SH SOLE 400000 0 0 ERIE INDEMNITY COMPANY CLASS A 29530P 10 2 376 10000 SH SOLE 10000 0 0 FLEXTRONICS INTERNATIONAL LTD COMMON Y2573F 10 2 1613 630000 SH SOLE 630000 0 0 GENERAL ELECTRIC COMPANY COMMON 369604 10 3 3240 200000 SH SOLE 200000 0 0 GEOMET INC. COMMON 37250U 20 1 3440 2000000 SH SOLE 2000000 0 0 HERITAGE-CRYSTAL CLEAN INC. COMMON 42726M 10 6 1160 100000 SH SOLE 100000 0 0 INTEL CORPORATION COMMON 458140 10 0 11869 809600 SH SOLE 809600 0 0 MAXIM INTEGRATED PRODUCTS COMMON 57772K 10 1 3540 310000 SH SOLE 310000 0 0 MCMORAN EXPLORATION CORPORATION COMMON 582411 10 4 6566 670000 SH SOLE 670000 0 0 MOTOROLA, INC. COMMON 620076 10 9 1551 350000 SH SOLE 350000 0 0 MURPHY OIL CORPORATION COMMON 626717 10 2 16112 363300 SH SOLE 363300 0 0 NEWSTAR FINANCIAL INC. COMMON 65261F 10 5 599 150000 SH SOLE 150000 0 0 NEXEN INC. COMMON 65334H 10 2 5274 300000 SH SOLE 300000 0 0 PRECISION CASTPARTS CORPORATION COMMON 740189 10 5 5948 100000 SH SOLE 100000 0 0 RADISYS CORPORATION COMMON 750459 10 9 5530 1000000 SH SOLE 1000000 0 0 ROPER INDUSTRIES, INC. COMMON 776696 10 6 13023 300000 SH SOLE 300000 0 0 RSC HOLDINGS INC. COMMON 74972L 10 2 596 70000 SH SOLE 70000 0 0 SONUS NETWORKS, INC. COMMON 835916 10 7 5103 3230000 SH SOLE 3230000 0 0 VICAL INCORPORATED COMMON 925602 10 4 367 260000 SH SOLE 260000 0 0 WALGREEN CO. COMMON 931422 10 9 4934 200000 SH SOLE 200000 0 0 XEROX CORPORATION COMMON 984121 10 3 7412 930000 SH SOLE 930000 0 0