CENTRAL SECURITIES CORP — Director's Dealing 2004

Jan 30, 2004

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: CENTRAL SECURITIES CORP (CET)
CIK: 0000018748
Period of Report: 2003-12-31

Reporting Person: CALDER DONALD G (Director)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	41126	Direct
Common Stock	2336	Indirect
Common Stock	7820	Indirect

Footnotes

F1: Includes shares received on 12/29/03 in a non-reportable transaction.

F2: By Morgan Stanley as custodian for Donald G. Calder IRA STD Rollover 10/14/92.

F3: The reporting person disclaims beneficial ownership.