13F-HR/A 1 bcm20084q.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 12/31/2008 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: Baltimore Capital Management, Inc. Address: 575 S. Charles St., Suite 506 Baltimore, MD 21202 Form 13F File Number: 28-11596 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 inofrmation 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: Linda Gibson Hickel Title: Vice President Phone: 410-727-4480 Signature, Place, and Date of Signing: Linda Gibson Hickel Baltimore, MD 02/17/2009 (Signature) (City,State) (Date) BRKB AND BRKA VALUES WERE REVERSED Report Type (Check only one.): (x) 13F HOLDINGS REPORT AMENDMENT ( ) 13F NOTICE. ( ) 13F COMBINATION REPORT FORM 13F SUMMARY PAGE Report Summary: Numbers of other included Managers: 0 Form 13F Information Table Entry Total: 62 "Form 13F TABLE Value Total: $ 42,678,505 FORM 13 F NAME OF TITLE OF VALUE SHRS/ SH/ PUT/ INVS OTH VOTG AUTHY ISSUER CLASS CUSIP (*$1000) PRN AMT PRN CALL DSCR MGR SOLE SHRD NONE -------------------------------- -------------------- ------------ ---------------------------- ABBOTT LAB COM 002824100 360 6745 SH SOLE 0 0 6745 ALU CRP CHINA ADR 022276109 428 31700 SH SOLE 0 0 31700 AMRCN EAGLE COM 02553e106 765 81750 SH SOLE 0 0 81750 BANCOLOMBIA ADR 05968l102 423 18121 SH SOLE 0 0 18121 BRKSHRE HTHWY CLA 084670207 290 3 SH SOLE 0 0 3 BRKSHRE HTHWY CLB 084670108 1478 460 SH SOLE 0 0 460 BP PLC ADR 055622104 281 6016 SH SOLE 0 0 6016 BRISTOL MYERS COM 110122108 271 11675 SH SOLE 4000 0 7675 CEMEX COM 151290889 461 50480 SH SOLE 0 0 50480 CHEVRON COM 166764100 1232 16650 SH SOLE 0 0 16650 COCA COLA COM 191216100 611 13491 SH SOLE 0 0 13491 COMERICA COM 200340107 871 43900 SH SOLE 0 0 43900 CONCPHLLPS COM 20825c104 362 6982 SH SOLE 0 0 6982 COPA ADR p31076105 629 20750 SH SOLE 0 0 20750 D R HORTON COM 23331a109 620 87700 SH SOLE 0 0 87700 DMND OFFSHRE COM 25271c102 585 9925 SH SOLE 0 0 9925 DOW CHEMICAL COM 260543103 809 53600 SH SOLE 1000 0 52600 DU PONT COM 263534109 266 10500 SH SOLE 0 0 10500 EAGLE MATRLS COM 26969p108 906 49200 SH SOLE 0 0 49200 EXXON MOBIL COM 30231g102 1323 16575 SH SOLE 0 0 16575 FEDEX COM 31428x106 362 5650 SH SOLE 0 0 5650 GENERAL ELCTRC COM 369604103 1637 101035 SH SOLE 2000 0 99035 GLAXSMTHKLN ADR 37733w105 753 20200 SH SOLE 0 0 20200 HARLY DAVIDSN COM 412822108 333 19615 SH SOLE 0 0 19615 HCP COM 40414l109 310 11150 SH SOLE 0 0 11150 HONDA MTRS ADR 438128308 707 33150 SH SOLE 0 0 33150 ISHARES JAPAN COM 464286848 323 33676 SH SOLE 0 0 33676 ISHRES S KOREA COM 464286772 376 13458 SH SOLE 0 0 13458 JAPAN SML CAP COM 47109u104 226 31100 SH SOLE 0 0 31100 JHNSN & JHNSN COM 478160104 2603 43512 SH SOLE 0 0 43512 KRAFT FOODS CLA COM 50075n104 2596 96700 SH SOLE 1000 0 95700 MARATHON OIL COM 565849106 383 14000 SH SOLE 0 0 14000 MASCO COM 574599106 502 45100 SH SOLE 0 0 45100 MERCK COM 589331107 222 7313 SH SOLE 0 0 7313 MUELLER WTR CLA 624758108 410 48800 SH SOLE 0 0 48800 NABORS COM g6359f103 694 57940 SH SOLE 0 0 57940 NRFLK SOTHRN COM 655844108 685 14550 SH SOLE 0 0 14550 PETROBRAS ADR 71654v408 647 26400 SH SOLE 0 0 26400 PFIZER INC COM 717081103 947 53480 SH SOLE 0 0 53480 QUEST DIAG COM 74834l100 2074 39950 SH SOLE 0 0 39950 ROYAL DTCH A ADR 780259206 384 7250 SH SOLE 0 0 7250 SPDR GOLD COM 78463v107 1754 20270 SH SOLE 0 0 20270 SPDR HMEBLDR COM 78464a888 313 26090 SH SOLE 0 0 26090 STARBUCKS COM 855244109 668 70650 SH SOLE 0 0 70650 SUNTRUST COM 867914103 208 7050 SH SOLE 0 0 7050 T ROWE PRCE COM 74144t108 1432 40400 SH SOLE 2000 0 38400 TARGET COM 87612e106 1397 40450 SH SOLE 1000 0 39450 TIFFANY COM 886547108 946 40050 SH SOLE 2000 0 38050 UNITRIN COM 913275103 588 36911 SH SOLE 0 0 36911 US BANCRP COM 902973304 1304 52150 SH SOLE 0 0 52150 RIO DOCE COM 204412209 230 19000 SH SOLE 0 0 19000 VERIZON COM 92343v104 652 19244 SH SOLE 0 0 19244 VORNADO RLTY COM 929042109 364 6033 SH SOLE 0 0 6033 WNGRTN RLTY COM 948741103 359 17350 SH SOLE 0 0 17350 TEREX COM 880779103 203 11700 SH SOLE 0 0 11700 SANOFI-AVENTIS ADR 80105n105 209 6500 SH SOLE 0 0 6500 MRKT VTRS GOLD COM 57060u100 474 13993 SH SOLE 0 0 13993 ISHARES EUR UN COM 464286608 422 13770 SH SOLE 0 0 13770 ISHRS SINGPRE COM 464286673 70 10000 SH SOLE 10000 0 0 MEDTRONIC 1.25% DEB 585055ab2 200 200000 PRN SOLE 0 0 200000 CSTCO ZROCV 8/17 NOTE 22160qac6 440 370000 PRN SOLE 0 0 370000 SPRCR ZROCV 10/24DEB 817315Aw4 300 325000 PRN SOLE 0 0 325000