UNITED STATES
SECURITIES & EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended September 30, 2009
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: The Adams Express Company
Address: 7 St. Paul Street, Suite 1140
Baltimore, MD 21202
Form 13F File Number: 28-597
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: Christine M. Sloan
Title: Assistant Treasurer
Phone: (410) 752-5900
Signature, Place, and Date of Signing:
/s/ Christine M. Sloan Baltimore, MD November 3, 2009
[Signature] [City, State] [Date]
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this
report, and all holdings are reported by other reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings
for this reporting manager are reported in this report and a portion are
reported by other reporting manager (s).)
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 74
Form 13F Information Table Value Total: $960,849
(in thousands)
List of Other Included Managers:
Provide a numbered list of the name (s) and Form 13F file number(s)
of all institutional investment managers with respect to which this
report is filed, other than the manager filing this report.
NONE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
NAME OF ISSUER TITLE OF CLASS CUSIP VALUE IN SHARES/PRN SH/ PUT/ INVSTM OTHER VOTING
000's AMOUNT PRN CALL DISCRETN MANAGERS AUTHORITY
SOLE SHARED NONE
ABBOTT LABS COM 002824100 15,830 320,000 SH SOLE 320,000
APPLE INC. COM 037833100 13,903 75,000 SH SOLE 75,000
AT&T CORP. COM 00206R102 10,804 400,000 SH SOLE 400,000
AUTOMATIC DATA PROCESSING COM 053015103 11,790 300,000 SH SOLE 300,000
AVON PRODUCTS COM 054303102 11,377 335,000 SH SOLE 335,000
BANK OF AMERICA COM 060505104 18,527 1,095,000 SH SOLE 1,095,000
BANK OF NEW YORK MELLON COM 064058100 11,705 403,775 SH SOLE 403,775
BRISTOL MYERS SQUIBB COM 110122108 7,769 345,000 SH SOLE 345,000
BROADCOM CORP. COM 111320107 12,276 400,000 SH SOLE 400,000
BUNGE LTD. COM G16962105 10,018 160,000 SH SOLE 160,000
CAPITAL ONE FINANCIAL COM 14040H105 11,255 315,000 SH SOLE 315,000
CHEVRON CORP. COM 166764100 10,565 150,000 SH SOLE 150,000
CINTAS CORP. COM 172908105 9,093 300,000 SH SOLE 300,000
CISCO SYSTEMS COM 17275R102 20,009 850,000 SH SOLE 850,000
COCA-COLA CO. COM 191216100 13,962 260,000 SH SOLE 260,000
CONOCOPHILLIPS COM 20825C104 6,774 150,000 SH SOLE 150,000
CONSOL ENERGY INC. COM 20854P109 9,022 200,000 SH SOLE 200,000
CORNING INC. COM 219350105 5,359 350,000 SH SOLE 350,000
CURTISS-WRIGHT CORP. COM 231561101 12,287 360,000 SH SOLE 360,000
CVS/CAREMARK CORP. COM 126650100 10,186 285,000 SH SOLE 285,000
DEAN FOODS COM 242370104 7,561 425,000 SH SOLE 425,000
DEL MONTE FOODS COM 24522P103 11,580 1,000,000 SH SOLE 1,000,000
DELL INC. COM 24702R101 8,927 585,000 SH SOLE 585,000
DUPONT EI DE NEMOURS COM 263534109 14,784 460,000 SH SOLE 460,000
EMERSON ELECTRIC COM 291011104 12,024 300,000 SH SOLE 300,000
EXXON MOBIL CORP. COM 30231G102 14,751 215,000 SH SOLE 215,000
GENERAL ELECTRIC CO. COM 369604103 24,433 1,488,000 SH SOLE 1,488,00
GILEAD SCIENCES INC. COM 375558103 9,316 200,000 SH SOLE 200,000
GOOGLE INC. COM 38259P508 9,917 20,000 SH SOLE 20,000
HALLIBURTON CO. COM 406216101 8,136 300,000 SH SOLE 300,000
HANSEN NATURAL CORP. COM 411310105 9,552 260,000 SH SOLE 260,000
HARSCO CORP. COM 415864107 10,977 310,000 SH SOLE 310,000
HOSPIRA INC. COM 441060100 12,711 285,000 SH SOLE 285,000
ILLINOIS TOOL WORKS COM 452308109 10,678 250,000 SH SOLE 250,000
INTEL CORP. COM 458140100 16,439 840,000 SH SOLE 840,000
JOHNSON & JOHNSON COM 478160104 15,527 255,000 SH SOLE 255,000
JPMORGAN CHASE & CO. COM 46625H100 18,624 425,000 SH SOLE 425,000
LOWE'S COS INC. COM 548661107 12,564 600,000 SH SOLE 600,000
MASCO CORP. COM 574599106 5,814 450,000 SH SOLE 450,000
MCDONALD'S CORP. COM 580135101 14,267 250,000 SH SOLE 250,000
MDU RESOURCES GROUP, INC COM 552690109 11,728 562,500 SH SOLE 562,500
MEDTRONIC INC. COM 585055106 12,880 350,000 SH SOLE 350,000
MICROSOFT CORP. COM 594918104 30,550 1,180,000 SH SOLE 1,180,000
NEWELL RUBBERMAID INC. COM 651229106 6,276 400,000 SH SOLE 400,000
NORTHEAST UTILITIES COM 664397106 8,309 350,000 SH SOLE 350,000
NORTHWEST NATURAL GAS CO. COM 667655104 8,332 200,000 SH SOLE 200,000
ORACLE CORP. COM 68389X105 22,924 1,100,000 SH SOLE 1,100,000
OSHKOSH CORP. COM 688239201 10,826 350,000 SH SOLE 350,000
PEPSI CO. INC. COM 713448108 21,118 360,000 SH SOLE 360,000
PETROLEUM & RESOURCES CORP. COM 716549100 50,864 2,186,774 SH SOLE 2,186,774
PFIZER INC. COM 717081103 16,467 995,000 SH SOLE 995,000
PNC FINANCIAL SERVICES COM 693475105 13,119 270,000 SH SOLE 270,000
PROCTER & GAMBLE CO. COM 742718109 18,245 315,000 SH SOLE 315,000
PRUDENTIAL FINANCIAL INC. COM 744320102 15,472 310,000 SH SOLE 310,000
QUALCOMM INC. COM 747525103 10,795 240,000 SH SOLE 240,000
RYLAND GROUP INC. COM 783764103 7,237 343,500 SH SOLE 343,500
SAFEWAY, INC. COM 786514208 7,691 390,000 SH SOLE 390,000
SENOMYX INC. COM 81724Q107 4,034 1,001,028 SH SOLE 1,001,028
SPECTRA ENERGY CORP. COM 847560109 5,791 305,780 SH SOLE 305,780
SPIRIT AEROSYSTEMS COM 848574109 13,003 720,000 SH SOLE 720,000
STATE STREET CORP. COM 857477103 12,098 230,000 SH SOLE 230,000
TARGET CORP. COM 87612E106 14,938 320,000 SH SOLE 320,000
TATA MOTORS LTD.ADR SPON ADR 876568502 12,960 1,000,000 SH SOLE 1,000,000
TEVA PHARMACEUTICAL ADR 881624209 16,685 330,000 SH SOLE 330,000
TRANSOCEAN LTD REG SHS H8817H100 13,685 160,000 SH SOLE 160,000
UNILEVER PLC ADR SPON ADR NEW 904767704 22,944 800,000 SH SOLE 800,000
UNITED TECHNOLOGIES COM 913017109 18,279 300,000 SH SOLE 300,000
UNITEDHEALTH GROUP INC. COM 91324P102 2,504 100,000 SH SOLE 100,000
VISA INC. COM CL A 92826C839 13,131 190,000 SH SOLE 190,000
WALT DISNEY CO. COM 254687106 13,181 480,000 SH SOLE 480,000
WELLS FARGO & Co. COM 949746101 11,977 425,000 SH SOLE 425,000
WGL HOLDINGS INC. COM 92924F106 7,907 238,600 SH SOLE 238,600
WYETH CO. COM 983024100 15,789 325,000 SH SOLE 325,000
ZIMMER HLDGS INC. COM 98956P102 8,017 150,000 SH SOLE 150,000
960,849