Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
XOM	Exxon Mobil Corporation	56,778	$4.724M	4.3%	$83.20 *	$55.92	-5.7%	COM	30231G102
—	General Electric Co.	152,650	$4.056M	3.7%	$26.57	$26.72	—	COM	369604103
IBM	Intl Business Machines	23,931	$3.893M	3.6%	$162.68 *	$105.21	-5.0%	COM	459200101
PEP	Pepsico Inc	38,492	$3.593M	3.3%	$93.34 *	$57.75	+17.8%	COM	713448108
BMY	Bristol Myers Company	48,781	$3.246M	3.0%	$66.54 *	$34.14	+36.1%	COM	110122108
—	Apple Computer	25,568	$3.207M	2.9%	$125.43	$124.45	—	COM	37833100
JNJ	Johnson & Johnson	31,843	$3.103M	2.8%	$97.45 *	$65.75	+10.7%	COM	478160104
MSFT	Microsoft Corp	69,990	$3.09M	2.8%	$44.15 *	$30.02	+27.1%	COM	594918104
VZ	Verizon Communications	63,981	$2.982M	2.7%	$46.61 *	$26.68	+1.2%	COM	92343V104
—	Pfizer Inc	79,340	$2.66M	2.4%	$33.53	$30.49	—	COM	717081903
—	J P Morgan Chase & Co	36,496	$2.473M	2.3%	$67.76	$58.59	—	COM	46625H900
CSCO	Cisco Systems Inc	81,650	$2.242M	2.1%	$27.46 *	$15.22	+29.8%	COM	17275R102
MRK	Merck & Co Inc	38,268	$2.179M	2.0%	$56.94 *	$40.23	-2.6%	COM	58933Y105
ABT	Abbott Laboratories	40,790	$2.002M	1.8%	$49.08 *	$29.40	+36.8%	COM	002824100
WMT	Wal-Mart Stores Inc	26,094	$1.851M	1.7%	$70.94 *	$20.70	-6.2%	COM	931142103
CVX	Chevrontexaco Corp.	19,146	$1.847M	1.7%	$96.47 *	$71.52	-14.2%	COM	166764100
ORCL	Oracle Corporation	45,843	$1.847M	1.7%	$40.29 *	$29.56	+16.3%	COM	68389X105
AMGN	Amgen Inc.	11,954	$1.835M	1.7%	$153.51 *	$81.61	+38.4%	COM	031162100
—	Credit Suisse	66,264	$1.829M	1.7%	$27.60	$26.93	—	COM	224916106
CL	Colgate-Palmolive Co	24,849	$1.625M	1.5%	$65.39 *	$53.36	-4.2%	COM	194162103
C	Citigroup Inc	29,361	$1.622M	1.5%	$55.24 *	$37.64	+9.4%	COM	172967424
—	Johnson Controls Inc	32,345	$1.602M	1.5%	$49.53	$44.81	—	COM	478366107
MCD	McDonalds Corp	16,827	$1.6M	1.5%	$95.09 *	$70.39	+4.1%	COM	580135101
KSS	Kohls Corp	25,541	$1.599M	1.5%	$62.61	$68.10	-8.1%	COM	500255104
TRV	Travelers Group Inc	16,082	$1.555M	1.4%	$96.69 *	$67.02	+14.5%	COM	89417E109
GIS	General Mills Inc	27,651	$1.541M	1.4%	$55.73 *	$32.96	+17.1%	COM	370334104
—	Walgreens Boots Alliance Inc.	17,915	$1.513M	1.4%	$84.45	$84.66	—	COM	931427108
—	Ace Limited	14,713	$1.496M	1.4%	$101.68	$114.83	—	COM	G0070K103
FCX	Freeport McMoran CP&GLD A	78,251	$1.457M	1.3%	$18.62 *	$17.64	-5.6%	COM	35671D857
QCOM	Qualcomm Inc	23,086	$1.446M	1.3%	$62.64 *	$51.60	-10.1%	COM	747525103
—	General Motors Corp	43,355	$1.445M	1.3%	$33.33	$40.29	—	COM	37045V900
BAX	Baxter International Inc	20,403	$1.427M	1.3%	$69.94 *	$29.59	+8.6%	COM	071813109
—	Becton Dickinson & Co	10,038	$1.422M	1.3%	$141.66	$143.63	—	COM	075887909
PSX	Phillips	17,546	$1.413M	1.3%	$80.53 *	$43.65	+25.1%	COM	718546104
DGX	Quest Diagnostic Inc	19,065	$1.383M	1.3%	$72.54 *	$57.60	+1.8%	COM	74834L100
—	Nielsen NV	30,714	$1.375M	1.3%	$44.77	$44.57	—	COM	N63218106
—	Halliburton Co Hldg Co	31,411	$1.353M	1.2%	$43.07	$49.10	—	COM	406216901
UPS	United Parcel Svc Inc Cl B	13,290	$1.288M	1.2%	$96.91 *	$64.54	+2.7%	COM	911312106
—	Southwestern Energy Co	56,373	$1.281M	1.2%	$22.72	$23.18	—	COM	845467109
—	Chubb Corp	12,963	$1.233M	1.1%	$95.12	$96.74	—	COM	171232101
—	Raytheon	12,678	$1.213M	1.1%	$95.68	$91.03	—	COM	755111507
T	AT&T Inc	31,902	$1.133M	1.0%	$35.52 *	$11.31	+12.2%	COM	00206R102
DIS	Disney Walt Co	9,432	$1.077M	1.0%	$114.19 *	$81.78	+27.1%	COM	254687106
—	Time Warner Inc New	11,785	$1.03M	0.9%	$87.40	$69.71	—	COM	887317303
WFC	Wells Fargo & Co New	18,306	$1.03M	0.9%	$56.27 *	$31.38	+33.3%	COM	949746101
BRK/B	Berkshire Hathaway Cl B	7,546	$1.027M	0.9%	$136.10	$144.34	-5.7%	COM	084670702
KO	Coca-Cola Company	26,078	$1.023M	0.9%	$39.23 *	$27.26	+3.4%	COM	191216100
INTC	Intel Corp	29,686	$903K	0.8%	$30.42 *	$18.14	+30.5%	COM	458140100
YUM	Yum Brands Inc.	9,762	$879K	0.8%	$90.04 *	$42.23	+25.8%	COM	988498101
ABBV	Abbvie Inc	12,814	$861K	0.8%	$67.19 *	$40.24	+8.3%	COM	00287Y109
MMM	3M Company	5,341	$824K	0.8%	$154.28 *	$89.68	+2.1%	COM	88579Y101
—	Medtronic Inc	9,423	$698K	0.6%	$74.07	$72.20	—	COM	585055106
V	Visa Inc.	10,120	$680K	0.6%	$67.19 *	$60.00	+4.0%	COM	92826C839
USB	US Bancorp Com (New)	15,677	$680K	0.6%	$43.38 *	$25.63	+16.5%	COM	902973304
—	McGraw Hill Inc	6,286	$631K	0.6%	$100.38	$94.25	—	COM	580645109
LLY	Lilly Eli & Co	6,800	$568K	0.5%	$83.53 *	$55.19	+25.8%	COM	532457108
BK	Bank of New York Mellon Corporation	12,843	$539K	0.5%	$41.97 *	$24.43	+31.9%	COM	064058100
BF/B	Brown Forman Corp Cl B	5,362	$537K	0.5%	$100.15 *	$29.80	+11.8%	COM	115637209
PG	Procter & Gamble Co	6,860	$537K	0.5%	$78.28 *	$57.99	+0.7%	COM	742718109
—	Celgene Corp	4,346	$503K	0.5%	$115.74	$111.86	—	COM	151020104
—	Towers Watson & Co	3,645	$459K	0.4%	$125.93	$79.30	—	COM	891894107
BAC	Bank America Corp	26,896	$458K	0.4%	$17.03 *	$11.71	+16.0%	COM	060505104
—	Gilead Sciences Inc	3,554	$416K	0.4%	$117.05	$94.26	—	COM	375558AN3
AXP	American Expresss Company	5,232	$407K	0.4%	$77.79 *	$75.65	-11.6%	COM	025816109
UNP	Union Pacific Corp Commo	4,182	$399K	0.4%	$95.41 *	$89.60	-16.0%	COM	907818108
KMB	Kimberly-Clark Corp	3,641	$386K	0.4%	$106.01 *	$66.41	+11.7%	COM	494368103
UNH	United Healthcare Corp	3,061	$373K	0.3%	$121.86 *	$79.69	+29.3%	COM	91324P102
CSX	C S X Corp	10,427	$340K	0.3%	$32.61 *	$7.51	+23.3%	COM	126408103
BF/A	Brown Forman Cl A Vtg	3,000	$334K	0.3%	$111.33 *	$22.03	+25.4%	COM	115637100
SLB	Schlumberger Ltd F	3,801	$328K	0.3%	$86.29 *	$67.30	-4.9%	COM	806857108
TROW	Rowe T Price Group Inc	4,110	$319K	0.3%	$77.62 *	$53.72	-0.6%	COM	74144T108
—	Du Pont E I De Nemour & Co	4,865	$311K	0.3%	$63.93	$73.94	—	COM	263534109
HSBC	HSBC Holdings Plc Inc	12,000	$303K	0.3%	$25.25 *	$49.49	-9.5%	COM	404280406
MRSH	Marsh & McLennan Companies Inc	5,120	$290K	0.3%	$56.64 *	$45.21	+4.7%	COM	571748102
PM	Philip Morris Intl Com	3,572	$286K	0.3%	$80.07 *	$47.26	+0.7%	COM	718172109
ECL	Ecolab Inc	2,522	$285K	0.3%	$113.01 *	$96.70	+4.2%	COM	278865100
—	United Tech Corp	2,541	$282K	0.3%	$110.98	$114.63	—	COM	913017109
CME	CME Group Inc. CL A	3,000	$279K	0.3%	$93.00 *	$54.29	+13.6%	COM	12572Q105
—	Cablevision Systems Corp-CL A Cablevisio	11,481	$275K	0.3%	$23.95	$16.30	—	COM	12686C109
EMR	Emerson Electric Co	4,856	$269K	0.2%	$55.40 *	$43.55	-3.8%	COM	291011104
SBUX	Starbucks Corp	5,021	$269K	0.2%	$53.57 *	$35.28	+22.7%	COM	855244109
—	Investors Bancorp Inc	20,937	$258K	0.2%	$12.32	$10.16	—	COM	46146P102
—	Allergan	821	$249K	0.2%	$303.29	$303.29	—	COM	00BY9D6T8
SYY	Sysco Corp	6,700	$242K	0.2%	$36.12 *	$28.86	-4.7%	COM	871829107
GDVTZ	Google Inc Cl A	449	$242K	0.2%	$538.98	$552.43	—	COM	38349K105
LMT	Lockheed Martin Corp	1,288	$239K	0.2%	$185.56 *	$137.24	+2.2%	COM	539830109
—	Peoples United Finl Inc	13,545	$220K	0.2%	$16.24	$16.24	—	COM	712704105
—	M & T Bank Corporation	1,700	$212K	0.2%	$124.71	$125.62	—	COM	55261F904
MAT	Mattel Incorporated	8,209	$211K	0.2%	$25.70	$26.33	-2.4%	COM	577081102
NKE	Nike Inc Class B	1,901	$205K	0.2%	$107.84 *	$44.79	+5.6%	COM	654106103
—	Frontier Ins Group Inc	18,338	$91,000	0.1%	$4.96	$4.66	—	COM	35906A108
—	Sirius Satellite Radio	15,197	$57,000	0.1%	$3.75	$3.50	—	COM	82967N108
GERN	Geron Corp	10,893	$47,000	0.0%	$4.31	$2.09	+104.9%	COM	374163103
—	Vaxil Bio Ltd Ord	44,000	$8,000	0.0%	$0.18	$0.10	—	COM	M9690V103
TALN	Talon International Inc	40,250	$6,000	0.0%	$0.15	$0.19	-18.8%	COM	87484F108
—	Pen Inc	15,600	$1,000	0.0%	$0.06	$0.05	—	COM	706582103
—	Paid Inc	12,000	$1,000	0.0%	$0.08	$0.05	—	COM	69561N204