UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: September 30, 2012 Check here if Amendment [X ]; Amendment Number: 0000040417-12-000085 This Amendment (Check only one.): [X ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name:GENERAL AMERICAN INVESTORS COMPANY, INC. Address: 100 PARK AVE 35TH FLOOR NEW YORK, NY 10017 13F File Number: 28-461 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: Eugene S. Stark Title: Vice-President, Administration Phone: 212-916-8447 Signature, Place, and Date of Signing: Eugene S. Stark New York, NY October 22, 2012 Report Type (Check only one.): [X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: Form 13F File Number Name 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: 55 Form 13F Information Table Value Total: $971550000 List of Other Included Managers: No. 13F File Number Name 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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- ABB Ltd. ADR COM 000375204 22440 1200000 SH Sole 1200000 Adams Express COM 006212104 1589 140091 SH Sole 140091 Alpha Natural Resources, Inc COM 02076X102 5044 767700 SH Sole 767700 American Express Company COM 025816109 17911 315000 SH Sole 315000 Aon Corporation COM G0408V102 17281 330492 SH Sole 330492 Apache Corporation COM 037411105 25636 296478 SH Sole 296478 Apple Inc. COM 037833100 33355 50000 SH Sole 50000 Arch Capital Group Ltd. COM G0450A105 35810 860000 SH Sole 860000 ASML Holding N.V. COM N07059186 26840 500000 SH Sole 500000 Berkshire Hathaway Inc. Class COM 084670108 14597 110 SH Sole 110 Canadian Natural Resources Lim COM 136385101 9237 300000 SH Sole 300000 Celgene Corporation COM 151020104 11460 150000 SH Sole 150000 Central Securities Corporation COM 155123102 769 38102 SH Sole 38102 Cisco Systems, Inc. COM 17275R102 18331 960000 SH Sole 960000 Costco Wholesale Corporation COM 22160K105 39513 394500 SH Sole 394500 Cytokinetics, Incorporated COM 23282W100 417 500000 SH Sole 500000 Dell Inc. COM 24702R101 5470 555000 SH Sole 555000 Devon Energy Corporation COM 25179M103 7869 130062 SH Sole 130062 Diageo plc ADR COM 25243Q205 39456 350000 SH Sole 350000 EMC Corporation COM 268648102 8181 300000 SH Sole 300000 Epoch Holding Corporation COM 29428R103 38500 1666667 SH Sole 1666667 EverBank Financial Corp. COM 29977G102 4131 300000 SH Sole 300000 Everest Re Group, Ltd. COM G3223R108 25670 240000 SH Sole 240000 Ford Motor Company With Rights COM 345370860 12464 1264063 SH Sole 1264063 Freeport-McMoRan Copper & Gold COM 35671D857 7916 200000 SH Sole 200000 Gilead Sciences, Inc. COM 375558103 14215 214300 SH Sole 214300 Halliburton Company COM 406216101 25268 750000 SH Sole 750000 Idenix Pharmaceuticals, Inc. COM 45166R204 1689 370414 SH Sole 370414 International Game Technology COM 459902102 9818 750000 SH Sole 750000 JPMorgan Chase & Co. COM 46625H100 21050 520000 SH Sole 520000 JPMorgan Chase & Co. Call Warr COM 46634E114 2315 225000 SH Sole 225000 Kohl's Corporation COM 500255104 11988 234050 SH Sole 234050 M&T Bank Corporation COM 55261F104 10468 110000 SH Sole 110000 MetLife, Inc. COM 59156R108 12061 350000 SH Sole 350000 Microsoft Corporation COM 594918104 23659 795000 SH Sole 795000 Nelnet, Inc. COM 64031N108 15562 655500 SH Sole 655500 Nucor Corporation COM 670346105 7652 200000 SH Sole 200000 Owens Corning Inc. COM 690742101 11376 340000 SH Sole 340000 PartnerRe Ltd. COM G6852T105 20427 275000 SH Sole 275000 PepsiCo, Inc. COM 713448108 17763 250991 SH Sole 250991 Pfizer Inc. COM 717081103 18782 755808 SH Sole 755808 Platinum Underwriters Holdings COM G7127P100 17165 420000 SH Sole 420000 QUALCOMM Incorporated COM 747525103 43729 700000 SH Sole 700000 Republic Services, Inc. COM 760759100 26330 957100 SH Sole 957100 Royce Value Trust, Inc. COM 780910105 2102 160824 SH Sole 160824 Target Corporation COM 87612E106 29196 460000 SH Sole 460000 Teradata Corporation COM 88076W103 7541 100000 SH Sole 100000 The Manitowoc Company, Inc. COM 563571108 12006 900000 SH Sole 900000 The TJX Companies, Inc. COM 872540109 69186 1544668 SH Sole 1544668 Towers Watson & Co. Class A COM 891894107 12785 240998 SH Sole 240998 United Technologies Corporatio COM 913017109 25444 325000 SH Sole 325000 Visteon Corporation COM 92839U206 14682 330211 SH Sole 330211 Vodafone Group Plc ADR COM 92857W209 11203 393100 SH Sole 393100 Waste Management, Inc. COM 94106L109 20210 630000 SH Sole 630000 Weatherford International Ltd. COM H27013103 25994 2050000 SH Sole 2050000