The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
Alliance Bernstein Inc Fund ETF 01881E101 120 16,000 SH   SOLE   16,000 0 0
iShares Barclays 1-3 Year Cred ETF 464288646 332 3,150 SH   SOLE   1,305 0 1,845
iShares iBoxx $ Inv Grade Corp ETF 464287242 337 2,850 SH   SOLE   1,000 0 1,850
iShares Iboxx H/Y Corp Bond ETF 464288513 221 2,399 SH   SOLE   2,399 0 0
Nuveen Quality Pfd Income Fd ETF 67071S101 85 10,400 SH   SOLE   10,400 0 0
PIMCO Enhanced Short Maturity ETF 72201R833 7,192 70,963 SH   SOLE   65,247 0 5,716
Powershares ETF Fundamental Hi ETF 73936t557 362 19,000 SH   SOLE   19,000 0 0
Vanguard Int-Term Bond ETF ETF 921937819 1,678 19,920 SH   SOLE   2,095 0 17,825
Vanguard Int-Term Corp Bond ET ETF 92206C870 512 5,975 SH   SOLE   1,875 0 4,100
Vanguard S/T Corp Bond ETF ETF 92206C409 22,686 284,039 SH   SOLE   237,385 0 46,654
Vanguard Short-Term Bond ETF ETF 921937827 991 12,377 SH   SOLE   6,245 0 6,132
Vanguard Total Bond Market ETF ETF 921937835 908 11,082 SH   SOLE   0 0 11,082
Western Asset High Income Oppo ETF 95766K109 141 24,395 SH   SOLE   24,395 0 0
Western Asset Income Fund ETF 95766T100 1,997 149,155 SH   SOLE   89,230 0 59,925
Western Asset Premier Bond Fun ETF 957664105 174 12,175 SH   SOLE   7,400 0 4,775
iShares Core S&P Small-Cap ETF ETF 464287804 304 2,915 SH   SOLE   2,915 0 0
iShares DJ US Housing ETF 464288752 583 25,935 SH   SOLE   25,935 0 0
iShares North American Tech ETF 464287549 279 2,850 SH   SOLE   2,600 0 250
iShares Tr S&P Index Fd ETF 464287101 214 2,425 SH   SOLE   2,425 0 0
Kayne Anderson MLP Inv Com ETF 486606106 255 6,244 SH   SOLE   6,244 0 0
SPDR Dow Jones Industrial Avg ETF 78467X109 308 1,810 SH   SOLE   1,060 0 750
SPDR S&P Dividend ETF ETF 78464A763 322 4,300 SH   SOLE   2,700 0 1,600
SPDR S&P MidCap 400 ETF 78467Y107 656 2,630 SH   SOLE   2,235 0 395
SPDR Trust Series 1 (spy) ETF 78462F103 3,455 17,536 SH   SOLE   16,816 0 720
Utilities Select Sector SPDR ETF 81369Y886 864 20,525 SH   SOLE   19,375 0 1,150
Vanguard REIT ETF ETF 922908553 301 4,191 SH   SOLE   4,191 0 0
Vanguard Total Stock Market ET ETF 922908769 376 3,718 SH   SOLE   3,068 0 650
Vanguard World Fds Inf Tech ET ETF 92204A702 300 3,000 SH   SOLE   3,000 0 0
iShares MSCI EAFE Index Fund ETF 464287465 980 15,280 SH   SOLE   10,634 0 4,646
iShares MSCI Emerging Markets ETF 464287234 298 7,173 SH   SOLE   5,349 0 1,824
Vanguard FTSE All World ex US ETF 922042775 383 7,775 SH   SOLE   6,000 0 1,775
Vanguard FTSE Emerging Markets ETF 922042858 673 16,134 SH   SOLE   16,134 0 0
21st Century Fox Class A COM 90130a101 688 20,054 SH   SOLE   20,000 0 54
3M Company COM 88579Y101 13,690 96,624 SH   SOLE   70,719 0 25,905
Abbott Labs COM 002824100 12,234 294,163 SH   SOLE   252,893 0 41,270
AbbVie Inc. COM 00287Y109 14,306 247,685 SH   SOLE   216,704 0 30,981
Accenture PLC COM G1151C101 27,360 336,443 SH   SOLE   294,644 0 41,799
Agilent Technologies Inc. COM 00846U101 13,570 238,156 SH   SOLE   228,435 0 9,721
Albemarle Corp. COM 012653101 2,297 39,000 SH   SOLE   39,000 0 0
Allegion Plc COM G0176J109 922 19,352 SH   SOLE   17,323 0 2,029
Allergan Inc COM 018490102 2,647 14,855 SH   SOLE   14,590 0 265
Allstate Corp. COM 020002101 333 5,431 SH   SOLE   3,577 0 1,854
Altria Group, Inc. COM 02209S103 7,673 167,022 SH   SOLE   126,109 0 40,913
Amazon Com Inc COM 023135106 1,997 6,193 SH   SOLE   6,008 0 185
America Movil S.A. de C.V. Ser COM 02364W105 416 16,510 SH   SOLE   15,250 0 1,260
American Express Co. COM 025816109 4,738 54,123 SH   SOLE   44,813 0 9,310
American Intl Group COM 026874784 1,356 25,106 SH   SOLE   25,106 0 0
Amgen, Inc. COM 031162100 7,328 52,170 SH   SOLE   41,063 0 11,107
Anadarko Pete Corp COM 032511107 633 6,240 SH   SOLE   6,140 0 100
Apache Corp COM 037411105 5,498 58,566 SH   SOLE   51,940 0 6,626
Apple Inc. COM 037833100 35,585 353,198 SH   SOLE   316,027 0 37,171
Astrazeneca PLC - Spons ADR COM 046353108 357 5,000 SH   SOLE   5,000 0 0
AT&T Inc. COM 00206R102 6,804 193,080 SH   SOLE   156,588 0 36,492
Automatic Data Proc. COM 053015103 7,246 87,218 SH   SOLE   62,793 0 24,425
Bank of America Corp COM 060505104 2,198 128,890 SH   SOLE   124,668 0 4,222
Bank of New York Mellon Corp. COM 064058100 18,018 465,227 SH   SOLE   422,752 0 42,475
Bard (C.R.) COM 067383109 9,468 66,342 SH   SOLE   62,609 0 3,733
Baxter International Inc COM 071813109 1,072 14,932 SH   SOLE   12,492 0 2,440
Becton Dickinson & Co. COM 075887109 1,605 14,101 SH   SOLE   801 0 13,300
Bed Bath & Beyond COM 075896100 3,762 57,145 SH   SOLE   55,645 0 1,500
Berkshire Hathaway (100=1 Clas COM 084990175 2,069 1,000 SH   SOLE   1,000 0 0
Berkshire Hathaway A COM 084670108 4,138 20 SH   SOLE   20 0 0
Berkshire Hathaway B COM 084670702 36,603 264,973 SH   SOLE   232,215 0 32,758
Boeing Co. COM 097023105 7,425 58,289 SH   SOLE   53,274 0 5,015
Boswell J G Co COM 101205102 592 555 SH   SOLE   555 0 0
BP PLC - Spons ADR COM 055622104 8,603 195,739 SH   SOLE   149,038 0 46,701
Bristol-Myers Squibb Co. COM 110122108 7,069 138,114 SH   SOLE   101,868 0 36,246
Campbell Soup Co. COM 134429109 424 9,914 SH   SOLE   9,914 0 0
Casey's General Stores COM 147528103 991 13,825 SH   SOLE   12,175 0 1,650
Caterpillar Inc. COM 149123101 5,717 57,731 SH   SOLE   46,613 0 11,118
Cathay Intl Hld COM G1965E103 10 19,000 SH   SOLE   19,000 0 0
Cedar Fair L.P. COM 150185106 528 11,160 SH   SOLE   10,610 0 550
Cemex S.A. de C.V. Spon. ADR COM 151290889 524 40,208 SH   SOLE   40,208 0 0
Chevron Corp. COM 166764100 30,945 259,348 SH   SOLE   206,306 0 53,042
Chubb Corp. COM 171232101 789 8,660 SH   SOLE   8,660 0 0
Cisco Systems, Inc. COM 17275R102 15,853 629,844 SH   SOLE   535,942 0 93,902
Clorox Company COM 189054109 2,057 21,421 SH   SOLE   15,853 0 5,568
Coach, Inc. COM 189754104 11,754 330,080 SH   SOLE   302,785 0 27,295
Coca-Cola Company COM 191216100 4,876 114,291 SH   SOLE   112,166 0 2,125
Colgate-Palmolive Co. COM 194162103 24,193 370,950 SH   SOLE   343,661 0 27,289
Comcast Corp. Class A COM 20030N101 488 9,069 SH   SOLE   8,071 0 998
Conagra Inc. COM 205887102 238 7,200 SH   SOLE   6,100 0 1,100
ConocoPhillips COM 20825C104 21,590 282,148 SH   SOLE   254,409 0 27,739
Consolidated Edison Inc. COM 209115104 877 15,478 SH   SOLE   9,728 0 5,750
Corning Inc. COM 219350105 238 12,300 SH   SOLE   11,100 0 1,200
Costco Wholesale Corp. COM 22160K105 34,072 271,880 SH   SOLE   238,578 0 33,302
Cotton & Western Mining Inc. COM 221737307 0 1,000,000 SH   SOLE   1,000,000 0 0
CSX Corporation COM 126408103 1,046 32,629 SH   SOLE   32,629 0 0
Cummins Inc COM 231021106 4,024 30,487 SH   SOLE   16,837 0 13,650
CVS Health Corp. COM 126650100 235 2,950 SH   SOLE   1,150 0 1,800
Deere & Co. COM 244199105 657 8,011 SH   SOLE   7,611 0 400
Dominion Resources Inc. COM 25746U109 507 7,338 SH   SOLE   7,338 0 0
Dow Chemical Company COM 260543103 1,191 22,711 SH   SOLE   21,440 0 1,271
DTE Energy Company COM 233331107 289 3,796 SH   SOLE   3,796 0 0
Du Pont E I De Nemours COM 263534109 1,541 21,470 SH   SOLE   19,011 0 2,459
Duke Energy Corp. New COM 26441C204 666 8,902 SH   SOLE   6,612 0 2,290
East West Bancorp Inc. COM 27579R104 671 19,723 SH   SOLE   19,723 0 0
Eaton Corp. PLC COM G29183103 790 12,461 SH   SOLE   12,461 0 0
eBay Inc. COM 278642103 14,041 247,942 SH   SOLE   226,002 0 21,940
Ecolab, Inc. COM 278865100 2,636 22,958 SH   SOLE   21,158 0 1,800
Edison International COM 281020107 646 11,553 SH   SOLE   11,553 0 0
Edwards Lifesciences Corp. COM 28176E108 10,731 105,047 SH   SOLE   101,711 0 3,336
EMC Corporation COM 268648102 4,153 141,928 SH   SOLE   131,028 0 10,900
Emerson Electric Co. COM 291011104 19,665 314,238 SH   SOLE   231,337 0 82,901
Enbridge Energy Management COM 29250X103 610 16,405 SH   SOLE   15,779 0 626
Enbridge Energy Partners LP COM 29250R106 2,151 55,378 SH   SOLE   44,128 0 11,250
Energizer Holdings, Inc. COM 29266R108 1,598 12,966 SH   SOLE   12,966 0 0
Enterprise Products Partners L COM 293792107 671 16,660 SH   SOLE   16,660 0 0
Equity Residential COM 29476L107 567 9,209 SH   SOLE   6,909 0 2,300
Essex Property Trust COM 297178105 3,693 20,661 SH   SOLE   12,200 0 8,461
Exelon Corp COM 30161N101 295 8,663 SH   SOLE   3,918 0 4,745
Expeditors Int'l Of Washington COM 302130109 903 22,245 SH   SOLE   22,245 0 0
Express Scripts Holding Compan COM 30219G108 476 6,745 SH   SOLE   6,337 0 408
ExxonMobil Corporation COM 30231G102 49,534 526,681 SH   SOLE   426,534 0 100,147
Facebook Inc COM 30303M102 288 3,639 SH   SOLE   3,639 0 0
Farmers and Merchants Bank COM 308243104 358 60 SH   SOLE   60 0 0
FedEx Corporation COM 31428X106 670 4,148 SH   SOLE   4,148 0 0
FirstEnergy Corp. COM 337932107 287 8,546 SH   SOLE   7,546 0 1,000
Franklin Resources Inc COM 354613101 16,551 303,078 SH   SOLE   268,349 0 34,729
Frontier Communications Corp. COM 35906A108 107 16,510 SH   SOLE   10,090 0 6,420
Gannett Inc. COM 364730101 240 8,075 SH   SOLE   75 0 8,000
General Electric COM 369604103 36,171 1,411,812 SH   SOLE   1,179,903 0 231,909
General Mills Inc. COM 370334104 1,070 21,214 SH   SOLE   20,914 0 300
Genworth Financial Inc-Cl A COM 37247D106 335 25,583 SH   SOLE   23,918 0 1,665
GlaxoSmithKline PLC-ADR COM 37733W105 392 8,530 SH   SOLE   4,905 0 3,625
Goldman Sachs Group Inc. COM 38141G104 4,087 22,263 SH   SOLE   20,398 0 1,865
Google Inc - Cl A COM 38259p508 2,023 3,438 SH   SOLE   3,313 0 125
Google Inc - CL C Non-Voting S COM 38259P706 1,243 2,153 SH   SOLE   1,993 0 160
Grainger Inc., W.W. COM 384802104 528 2,098 SH   SOLE   1,478 0 620
Hain Celestial Group Inc. COM 405217100 508 4,959 SH   SOLE   4,509 0 450
Halliburton Co. COM 406216101 216 3,348 SH   SOLE   3,348 0 0
Hennessy Advisors Inc COM 425885100 268 13,500 SH   SOLE   13,500 0 0
Hewlett-Packard Co. COM 428236103 30,899 871,117 SH   SOLE   852,168 0 18,949
Home Depot, Inc. COM 437076102 5,906 64,376 SH   SOLE   53,226 0 11,150
Honeywell Int'l Inc. COM 438516106 9,204 98,840 SH   SOLE   98,540 0 300
Illinois Tool Works Inc. COM 452308109 5,556 65,815 SH   SOLE   55,725 0 10,090
Infusystem Holdings Inc COM 45685K102 66 21,000 SH   SOLE   21,000 0 0
Ingersoll-Rand PLC COM G47791101 4,739 84,085 SH   SOLE   75,855 0 8,230
Intel Corp. COM 458140100 26,947 773,889 SH   SOLE   668,910 0 104,979
International Bus Mach COM 459200101 29,359 154,658 SH   SOLE   124,882 0 29,776
Intuit Inc. COM 461202103 4,729 53,958 SH   SOLE   43,408 0 10,550
J. C. Penney Company, Inc. COM 708160106 131 13,090 SH   SOLE   12,590 0 500
Jacobs Engineering Group Inc. COM 469814107 9,964 204,103 SH   SOLE   174,552 0 29,551
Johnson & Johnson COM 478160104 41,157 386,126 SH   SOLE   321,764 0 64,362
Johnson Controls Inc. COM 478366107 27,309 620,650 SH   SOLE   567,124 0 53,526
JPMorgan Chase & Co. COM 46625H100 17,837 296,103 SH   SOLE   231,841 0 64,262
Kellogg Co. COM 487836108 1,384 22,460 SH   SOLE   6,310 0 16,150
Kimberly-Clark Corp. COM 494368103 1,204 11,196 SH   SOLE   10,956 0 240
Kinder Morgan Energy Prtnrs COM 494550106 933 10,000 SH   SOLE   10,000 0 0
Kohls Corp COM 500255104 3,716 60,895 SH   SOLE   55,095 0 5,800
Kraft Foods Group COM 50076Q106 1,374 24,359 SH   SOLE   17,524 0 6,835
Laboratory Corp. of America COM 50540R409 3,498 34,381 SH   SOLE   32,566 0 1,815
Las Vegas Sands COM 517834107 1,672 26,872 SH   SOLE   26,872 0 0
Lilly Eli & Co. COM 532457108 960 14,797 SH   SOLE   11,007 0 3,790
Lincoln National Corp. COM 534187109 564 10,523 SH   SOLE   10,523 0 0
Lockheed Martin Corp. COM 539830109 3,368 18,427 SH   SOLE   17,927 0 500
Lowe's Companies COM 548661107 21,549 407,208 SH   SOLE   355,992 0 51,216
Lyondellbasell Ind Shs - A COM N53745100 953 8,770 SH   SOLE   8,770 0 0
Magellan Midstream Partners COM 559080106 3,288 39,060 SH   SOLE   31,910 0 7,150
Marriott Int'l, Inc. COM 571903202 211 3,022 SH   SOLE   3,022 0 0
Marsh & McLennan Companies COM 571748102 1,360 25,975 SH   SOLE   9,775 0 16,200
Mastercard Inc-Cl A COM 57636Q104 597 8,080 SH   SOLE   8,080 0 0
McDonald's Corp. COM 580135101 12,318 129,923 SH   SOLE   99,231 0 30,692
McGraw Hill Financial COM 580645109 724 8,570 SH   SOLE   3,030 0 5,540
McKesson Corp. COM 58155Q103 266 1,365 SH   SOLE   1,290 0 75
Medtronic Inc. COM 585055106 3,515 56,736 SH   SOLE   50,436 0 6,300
Merck & Co., Inc. New COM 58933Y105 5,857 98,794 SH   SOLE   84,843 0 13,951
Mercury General Ins COM 589400100 2,378 48,725 SH   SOLE   48,625 0 100
Meredith Corp. COM 589433101 659 15,400 SH   SOLE   3,400 0 12,000
Microsoft Corp. COM 594918104 31,137 671,624 SH   SOLE   577,479 0 94,145
Minerals Technologies Inc. COM 603158106 1,745 28,282 SH   SOLE   26,582 0 1,700
Mondelez International COM 609207105 3,458 100,908 SH   SOLE   67,262 0 33,646
Monitise PLC COM G6258F105 20 41,000 SH   SOLE   41,000 0 0
Monsanto Company COM 61166W101 5,463 48,560 SH   SOLE   43,335 0 5,225
Moody's Corporation COM 615369105 364 3,849 SH   SOLE   3,849 0 0
MSA Safety Inc. COM 553498106 548 11,100 SH   SOLE   10,450 0 650
National Oilwell Varco COM 637071101 1,616 21,240 SH   SOLE   21,240 0 0
Nestle Sponsored ADR COM 641069406 1,613 21,912 SH   SOLE   19,702 0 2,210
NewMarket Corp COM 651587107 3,239 8,500 SH   SOLE   8,500 0 0
NextEra Energy Inc. COM 65339F101 573 6,104 SH   SOLE   3,904 0 2,200
Nike, Inc. COM 654106103 7,585 85,036 SH   SOLE   70,918 0 14,118
Nordstrom Inc. COM 655664100 205 3,002 SH   SOLE   1,302 0 1,700
Norfolk Southern Corp. COM 655844108 1,050 9,405 SH   SOLE   7,655 0 1,750
Northrop Grumman Corp. COM 666807102 3,368 25,563 SH   SOLE   25,563 0 0
Novartis AG ADS COM 66987V109 10,263 109,026 SH   SOLE   98,838 0 10,188
Novo Nordisk ADR COM 670100205 9,299 195,270 SH   SOLE   179,085 0 16,185
Nucor Corp. COM 670346105 6,987 128,725 SH   SOLE   117,077 0 11,648
Occidental Petroleum COM 674599105 981 10,207 SH   SOLE   10,207 0 0
Oneok Partners LP COM 68268N103 1,594 28,491 SH   SOLE   23,471 0 5,020
Oracle Systems COM 68389X105 20,406 533,078 SH   SOLE   479,655 0 53,423
Paccar Inc. COM 693718108 253 4,450 SH   SOLE   4,450 0 0
Pall Corp. COM 696429307 2,807 33,540 SH   SOLE   27,140 0 6,400
PepsiCo Inc. COM 713448108 17,063 183,296 SH   SOLE   143,112 0 40,184
Pfizer, Inc. COM 717081103 16,618 561,984 SH   SOLE   458,844 0 103,140
Philip Morris Intl COM 718172109 14,271 171,118 SH   SOLE   133,796 0 37,322
Phillips 66 COM 718546104 1,381 16,986 SH   SOLE   11,699 0 5,287
Plains All American Pipeline L COM 726503105 4,140 70,333 SH   SOLE   56,277 0 14,056
Plum Creek Timber L.P. COM 729251108 1,070 27,417 SH   SOLE   27,300 0 117
PPG Industries, Inc. COM 693506107 678 3,446 SH   SOLE   2,355 0 1,091
Precision Castparts Corp COM 740189105 21,798 92,021 SH   SOLE   85,586 0 6,435
Procter & Gamble Co. COM 742718109 22,535 269,106 SH   SOLE   206,416 0 62,690
Protective Life Corp. COM 743674103 471 6,790 SH   SOLE   5,565 0 1,225
PS Business Parks Inc COM 69360J107 370 4,854 SH   SOLE   4,854 0 0
Public Storage COM 74460D109 7,182 43,309 SH   SOLE   29,809 0 13,500
Qualcomm, Inc COM 747525103 17,791 237,947 SH   SOLE   201,202 0 36,745
Realty Income Corp. COM 756109104 1,608 39,428 SH   SOLE   37,858 0 1,570
Roche Dividend Right Cert COM 771192895 296 1,000 SH   SOLE   1,000 0 0
Roche Holdings Ltd-Spons ADR COM 771195104 279 7,530 SH   SOLE   7,530 0 0
Rockwell Automation, Inc. COM 773903109 435 3,960 SH   SOLE   3,660 0 300
Rockwell Collins COM 774341101 225 2,864 SH   SOLE   2,564 0 300
Royal Dutch Shell PLC-ADR A COM 780259206 2,495 32,773 SH   SOLE   28,648 0 4,125
Schlumberger Ltd COM 806857108 36,190 355,890 SH   SOLE   292,509 0 63,381
Sempra Energy COM 816851109 873 8,289 SH   SOLE   7,289 0 1,000
Sigma-Aldrich Corp. COM 826552101 26,200 192,636 SH   SOLE   144,176 0 48,460
Sociedad Quimica y Minera de C COM 833635105 1,342 51,320 SH   SOLE   51,320 0 0
Southern Company COM 842587107 611 13,994 SH   SOLE   5,069 0 8,925
Sovran Self Storage COM 84610H108 643 8,650 SH   SOLE   8,650 0 0
Spectra Energy Corp COM 847560109 325 8,267 SH   SOLE   4,609 0 3,658
SPX Corporation COM 784635104 648 6,900 SH   SOLE   6,900 0 0
Starbucks Corp. COM 855244109 1,070 14,180 SH   SOLE   12,980 0 1,200
Stryker Corporation COM 863667101 16,864 208,838 SH   SOLE   185,977 0 22,861
Sysco Corp. COM 871829107 12,742 335,763 SH   SOLE   253,887 0 81,876
T. Rowe Price Group COM 74144T108 237 3,020 SH   SOLE   3,020 0 0
Target Corp COM 87612E106 4,337 69,185 SH   SOLE   56,145 0 13,040
Teva Pharmaceutical Industries COM 881624209 4,089 76,074 SH   SOLE   70,159 0 5,915
Texas Instruments COM 882508104 2,834 59,419 SH   SOLE   50,530 0 8,889
Texas Pacific Land Trust COM 882610108 481 2,500 SH   SOLE   0 0 2,500
The Walt Disney Company COM 254687106 7,205 80,926 SH   SOLE   69,555 0 11,371
TJX Companies COM 872540109 3,131 52,918 SH   SOLE   46,768 0 6,150
Transocean Ltd. COM H8817H100 7,887 246,714 SH   SOLE   229,491 0 17,223
Tredegar Corporation COM 894650100 295 16,000 SH   SOLE   16,000 0 0
U.S. Bancorp COM 902973304 462 11,050 SH   SOLE   9,234 0 1,816
Under Armour Inc - Class A COM 904311107 235 3,400 SH   SOLE   3,400 0 0
Unilever N V COM 904784709 415 10,453 SH   SOLE   9,053 0 1,400
Union Pacific COM 907818108 4,227 38,989 SH   SOLE   38,289 0 700
United Parcel Service COM 911312106 48,407 492,495 SH   SOLE   472,215 0 20,280
United Technologies COM 913017109 10,994 104,112 SH   SOLE   98,322 0 5,790
UnitedHealth Group Inc. COM 91324P102 1,061 12,305 SH   SOLE   10,205 0 2,100
Valmont Industries Inc. COM 920253101 688 5,100 SH   SOLE   5,100 0 0
Verizon Comm. COM 92343V104 8,551 171,058 SH   SOLE   147,648 0 23,410
Visa Inc. COM 92826C839 203 952 SH   SOLE   952 0 0
Vodafone Group PLC New COM 92857w308 3,480 105,811 SH   SOLE   90,961 0 14,850
Wal-Mart Stores, Inc. COM 931142103 9,268 121,196 SH   SOLE   94,306 0 26,890
Walgreen Co. COM 931422109 12,716 214,548 SH   SOLE   192,494 0 22,054
Waste Management Inc. COM 94106L109 802 16,879 SH   SOLE   16,879 0 0
Wells Fargo & Co. COM 949746101 36,574 705,106 SH   SOLE   644,376 0 60,731
Wisconsin Energy Corp. COM 976657106 900 20,926 SH   SOLE   9,864 0 11,062
Zimmer Holdings Inc. COM 98956P102 540 5,375 SH   SOLE   3,515 0 1,860
American Intl Group Warrants E WT 026874156 274 11,505 SH   SOLE   11,505 0 0
SPDR Gold Trust AA 78463V107 1,384 11,909 SH   SOLE   10,934 0 975
Sprott Physical Gold Trust ETV AA 85207h104 145 14,500 SH   SOLE   14,500 0 0