FORM 13F INFORMATION TABLE
                                                           VALUE   SHARES/  SH/ PUT/ INVSTMT    OTHER          VOTING AUTHORITY
        NAME OF ISSUER          TITLE OF CLASS    CUSIP   (x$1000) PRN AMT  PRN CALL DSCRETN   MANAGERS     SOLE    SHARED    NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
                                                                                           
AEP Industries Inc.            COM              001031103    35500  1000000 SH       SOLE                  1000000
AGCO Corporation               COM              001084102     6337   325000 SH       SOLE                   325000
AOL Time Warner                COM              00184A105     7355   500000 SH       SOLE                   500000
ASA Ltd.                       COM              002050102    11038   360000 SH       SOLE                   360000
AT&T Corporation               COM              001957109     5350   500000 SH       SOLE                   500000
AT&T Wireless Services         COM              00209A106     2925   500000 SH       SOLE                   500000
Advanced Micro Devices, Inc.   COM              007903107    11664  1200000 SH       SOLE                  1200000
Airborne Inc.                  COM              009269101     9600   500000 SH       SOLE                   500000
Alberto Culver Co. CL-A        COM              013068200     7906   175000 SH       SOLE                   175000
Alcoa Inc.                     COM              013817101     4144   125000 SH       SOLE                   125000
Alleghany Corporation          COM              017175100     4694    24576 SH       SOLE                    24576
Anglogold Limited Sponsored AD COM              035128206    37694  1445312 SH       SOLE                  1445312
Apache Corporation             COM              037411105    26441   460000 SH       SOLE                   460000
Archer-Daniels-Midland         COM              039483102     6395   500000 SH       SOLE                   500000
Barrick Gold Corp              COM              067901108    13630   717750 SH       SOLE                   717750
Berkshire Hathaway Inc. Cl B   COM              084670207    44680    20000 SH       SOLE                    20000
Boeing Company                 COM              097023105    15750   350000 SH       SOLE                   350000
Bowne & Company                COM              103043105    14445   980000 SH       SOLE                   980000
Bristol-Myers Squibb           COM              110122108    28270  1100000 SH       SOLE                  1100000
Brookstone Inc.                COM              114537103     1597    90000 SH       SOLE                    90000
Burlington Northern Santa Fe   COM              12189t104     7500   250000 SH       SOLE                   250000
Carpenter Technology           COM              144285103    13140   456100 SH       SOLE                   456100
Cleveland-Cliffs Inc.          COM              185896107     8280   300000 SH       SOLE                   300000
Coca-Cola Company              COM              191216100     7000   125000 SH       SOLE                   125000
Coeur D Alene Mines Corp.      COM              192108108      440   260181 SH       SOLE                   260181
ConAgra Inc.                   COM              205887102    19355   700000 SH       SOLE                   700000
Conoco Inc. Cl A               COM              208251504    31970  1150000 SH       SOLE                  1150000
Corn Products International In COM              219023108     7780   250000 SH       SOLE                   250000
Corning Incorporated           COM              219350105     2236   630000 SH       SOLE                   630000
Cott Corporation               COM              22163n106     5697   300000 SH       SOLE                   300000
Cummins Engine                 COM              231021106     1400    42300 SH       SOLE                    42300
Dow Jones & Company, Inc.      COM              260561105     7267   150000 SH       SOLE                   150000
Du Pont (E. I.) de Nemours     COM              263534109    21090   475000 SH       SOLE                   475000
Eastman Kodak Corp.            COM              277461109     5834   200000 SH       SOLE                   200000
Esg Re Limited                 COM              g31215109      676   255000 SH       SOLE                   255000
Exxon Mobil Corporation        COM              30231G102     6138   150000 SH       SOLE                   150000
Fairfax Financial Holdings, Lt COM              303901102     3997    40000 SH       SOLE                    40000
Ferro Corporation              COM              315405100     1507    50000 SH       SOLE                    50000
GEHL Company                   COM              368483103      937    65300 SH       SOLE                    65300
Gannett Company                COM              364730101    39847   525000 SH       SOLE                   525000
General Motors Corp. Cl H      COM              370442832     4160   400000 SH       SOLE                   400000
Germany Fund                   COM              374143105     2070   300000 SH       SOLE                   300000
Gold Field Limited New, ADR    COM              38059t106     6451   575000 SH       SOLE                   575000
Grainger, W.W. Inc.            COM              384802104    15030   300000 SH       SOLE                   300000
Grupo TMM-SP ADR A             COM              40051D105    25290  3665159 SH       SOLE                  3665159
Grupo TMM-SP ADR L             COM              40051D204    28700  4153356 SH       SOLE                  4153356
Halliburton                    COM              406216101     1992   125000 SH       SOLE                   125000
Hecla Mining Co.               COM              422704106     2055   438100 SH       SOLE                   438100
Hecla Mining Preferred Conv.   COM              422704205      918    28500 SH       SOLE                    28500
Helmerich & Payne Inc.         COM              423452101    14288   400000 SH       SOLE                   400000
Hubbell Inc. Cl B              COM              443510201    21344   625000 SH       SOLE                   625000
IMC Global, Inc.               COM              449669100    17000  1360000 SH       SOLE                  1360000
Intermet                       COM              45881K104      430    40000 SH       SOLE                    40000
Interpublic Group of COS Inc   COM              460690100     7428   300000 SH       SOLE                   300000
Kellogg Company                COM              487836108     7172   200000 SH       SOLE                   200000
Kerr McGee Corp.               COM              492386107    26507   495000 SH       SOLE                   495000
Kinross Gold Corp.             COM              496902107      414   181618 SH       SOLE                   181618
LSI Logic Corp                 COM              502161102     4375   500000 SH       SOLE                   500000
La-Z-Boy Inc.                  COM              505336107     4484   177800 SH       SOLE                   177800
Lancaster Colony Corp          COM              513847103     3566   100000 SH       SOLE                   100000
Leucadia National Corp         COM              527288104     6332   200000 SH       SOLE                   200000
Loew's Corporation             COM              540424108    33119   625000 SH       SOLE                   625000
Longview Fibre Company         COM              543213102     3532   375000 SH       SOLE                   375000
Louisiana-Pacific Corporation  COM              546347105    12708  1200000 SH       SOLE                  1200000
Marathon Oil Corp              COM              565849106    25764   950000 SH       SOLE                   950000
Markel Corporation             COM              570535104    14775    75000 SH       SOLE                    75000
Mattel Inc.                    COM              577081102     6746   320000 SH       SOLE                   320000
McDonald's Corporation         COM              580135101     9957   350000 SH       SOLE                   350000
Merck & Co.                    COM              589331107    37980   750000 SH       SOLE                   750000
Meridian Gold Inc.             COM              589975101     3611   225000 SH       SOLE                   225000
Mesabi Trust                   COM              590672101      850   200000 SH       SOLE                   200000
Newmont Mining Corp.           COM              651639106    39176  1487869 SH       SOLE                  1487869
Old Republic International     COM              680223104    11025   350000 SH       SOLE                   350000
Park Place Entertainment       COM              700690100    12838  1252500 SH       SOLE                  1252500
Phelps Dodge                   COM              717265102     8240   200000 SH       SOLE                   200000
Phillip Morris Cos.            COM              718154107    41496   950000 SH       SOLE                   950000
Phillips Petroleum Co.         COM              718507106    19725   335000 SH       SOLE                   335000
Placer Dome, Inc.              COM              725906101    17375  1550000 SH       SOLE                  1550000
Pope & Talbot                  COM              732827100     7492   400000 SH       SOLE                   400000
Potlatch Corp                  COM              737628107     6804   200000 SH       SOLE                   200000
Procter & Gamble               COM              742718109     3572    40000 SH       SOLE                    40000
RPM Inc. (Ohio)                COM              749685103     3050   200000 SH       SOLE                   200000
Railamerica Inc.               COM              750753105    23838  2203162 SH       SOLE                  2203162
Roadway Express Inc.           COM              769742107      898    25000 SH       SOLE                    25000
Royal Gold Inc.                COM              780287108     6830   500000 SH       SOLE                   500000
Ruddick Corporation            COM              781258108     4155   245000 SH       SOLE                   245000
San Juan Basin Rty Trust Unit  COM              798241105     1107   100000 SH       SOLE                   100000
Saul Centers Inc.              COM              804395101     5180   200000 SH       SOLE                   200000
Schering-Plough Corp           COM              806605101    27675  1125000 SH       SOLE                  1125000
Sherwin-Williams Co.           COM              824348106    19454   650000 SH       SOLE                   650000
Tenneco Automotive Inc.        COM              880349105     6534   990000 SH       SOLE                   990000
The Walt Disney Company        COM              254687106    12285   650000 SH       SOLE                   650000
Thomas & Betts Corp.           COM              884315102     7254   390000 SH       SOLE                   390000
Timken Company                 COM              887389104    12840   575000 SH       SOLE                   575000
Transocean Sedco Forex Inc.    COM              G90078109     6230   200000 SH       SOLE                   200000
Triarc Companies Inc.          COM              895927101    22080   800000 SH       SOLE                   800000
Tyco International LTD         COM              902124106     4053   300000 SH       SOLE                   300000
Tyson Foods Inc-Cl A           COM              902494103    18612  1200000 SH       SOLE                  1200000
UST Inc.                       COM              902911106     5100   150000 SH       SOLE                   150000
Union Pacific Corp             COM              907818108     8226   130000 SH       SOLE                   130000
United States Steel Corp       COM              912909108     9024   453700 SH       SOLE                   453700
Volvo AB ADR                   COM              928856400     2037   100000 SH       SOLE                   100000
Washington Post - Cl B         COM              939640108    11990    22000 SH       SOLE                    22000
Weyerhaeuser Co.               COM              962166104     7981   125000 SH       SOLE                   125000
White Mountains Insurance Grou COM              G9618E107     6963    22000 SH       SOLE                    22000