Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
COST	COSTCO WHOLESALE	142,275	$16.93M	4.0%	$119.02 *	$87.51	+8.7%	COMMON	22160K105
HON	HONEYWELL INTERNATIONAL INC.	176,401	$16.12M	3.8%	$91.37 *	$53.95	+12.7%	COMMON	438516106
MMM	3M COMPANY	110,464	$15.49M	3.7%	$140.25 *	$62.12	+17.0%	COMMON	88579Y101
VZ	VERIZON COMMUNICATIONS	302,446	$14.86M	3.5%	$49.14 *	$26.90	-1.1%	COMMON	92343V104
DIS	WALT DISNEY	190,890	$14.58M	3.5%	$76.40 *	$56.28	+9.6%	COMMON	254687106
—	ANADARKO PETROLEUM	182,190	$14.45M	3.4%	$79.32	$86.91	—	COMMON	032511107
JNJ	JOHNSON & JOHNSON	146,346	$13.4M	3.2%	$91.59 *	$60.32	+9.0%	COMMON	478160104
IBM	INTL BUSINESS MACHINES	68,530	$12.85M	3.0%	$187.57 *	$117.46	-9.4%	COMMON	459200101
EMR	EMERSON ELECTRIC	181,127	$12.71M	3.0%	$70.18 *	$40.65	+18.5%	COMMON	291011104
AAPL	APPLE COMPUTER INC	21,322	$11.96M	2.8%	$561.02 *	$13.27	+23.4%	COMMON	037833100
NSRGY	NESTLE SA REP RG SH ADR	153,680	$11.31M	2.7%	$73.59	$65.94	—	COMMON	641069406
PG	PROCTER & GAMBLE	138,436	$11.27M	2.7%	$81.41 *	$55.18	+5.1%	COMMON	742718109
DUK	DUKE ENERGY CORP	158,162	$10.91M	2.6%	$69.01 *	$41.48	+2.1%	COMMON	26441C204
SLB	SCHLUMBERGER LIMITED	119,853	$10.8M	2.6%	$90.11 *	$54.04	+20.4%	COMMON	806857108
—	UNITED TECHNOLOGIES	91,935	$10.46M	2.5%	$113.80	$95.14	—	COMMON	913017109
QCOM	QUALCOMM	131,695	$9.778M	2.3%	$74.25 *	$45.10	+11.7%	COMMON	747525103
AWK	AMERICAN WATER WORKS	222,835	$9.417M	2.2%	$42.26 *	$31.89	+2.7%	COMMON	030420103
—	WESTAR ENERGY INC.	286,175	$9.206M	2.2%	$32.17	$31.73	—	COMMON	95709T100
ABBV	ABBVIE INC	173,669	$9.171M	2.2%	$52.81 *	$26.55	+14.5%	COMMON	00287Y109
—	CRESCENT POINT ENERGY CORP	223,885	$8.696M	2.1%	$38.84	$34.73	—	COMMON	22576C101
CAT	CATERPILLAR	95,645	$8.686M	2.1%	$90.81 *	$61.57	+1.8%	COMMON	149123101
DVN	DEVON ENERGY CORPORATION	138,714	$8.582M	2.0%	$61.87 *	$37.19	+10.3%	COMMON	25179M103
—	CHICAGO BRIDGE & IRON CO NV	101,910	$8.473M	2.0%	$83.14	$63.89	—	COMMON	167250109
—	UNILEVER N.V. NY SHRS	210,508	$8.469M	2.0%	$40.23	$38.99	—	COMMON	904784709
—	BUCKEYE PARTNERS LP	113,115	$8.032M	1.9%	$71.01	$69.47	—	COMMON	118230101
—	GENERAL ELECTRIC	280,597	$7.865M	1.9%	$28.03	$23.19	—	COMMON	369604103
CVX	CHEVRON CORP.	60,332	$7.536M	1.8%	$124.91 *	$71.44	+1.5%	COMMON	166764100
—	GOOGLE INC-CL A	6,642	$7.444M	1.8%	$1120.75	$878.58	—	COMMON	38259P508
ABT	ABBOTT LABORATORIES	179,553	$6.882M	1.6%	$38.33 *	$28.83	+1.4%	COMMON	002824100
—	KINDER MORGAN ENERGY PRTNRS L.P.	84,535	$6.819M	1.6%	$80.66	$85.04	—	COMMON	494550106
EOG	EOG RESOURCES INC	40,450	$6.789M	1.6%	$167.84 *	$46.84	+33.1%	COMMON	26875P101
WMT	WAL-MART STORES	81,325	$6.399M	1.5%	$78.68 *	$19.98	+1.8%	COMMON	931142103
NFG	NATIONAL FUEL GAS CO	86,150	$6.151M	1.5%	$71.40 *	$62.26	+11.6%	COMMON	636180101
RRC	RANGE RESOURCES CORP	70,400	$5.935M	1.4%	$84.30 *	$76.33	+1.9%	COMMON	75281A109
—	GOLDCORP	234,364	$5.079M	1.2%	$21.67	$24.92	—	COMMON	380956409
TMO	THERMO FISHER SCIENTIFIC	45,035	$5.015M	1.2%	$111.36 *	$81.12	+17.9%	COMMON	883556102
MRK	MERCK	99,044	$4.957M	1.2%	$50.05 *	$30.02	+4.2%	COMMON	58933Y105
—	BARRICK GOLD	273,312	$4.818M	1.1%	$17.63	$16.09	—	COMMON	067901108
AEM	AGNICO-EAGLE MINES LTD	170,990	$4.511M	1.1%	$26.38 *	$25.04	-12.7%	COMMON	008474108
KMB	KIMBERLY CLARK	29,991	$3.133M	0.7%	$104.46 *	$62.22	+6.6%	COMMON	494368103
—	ENCANA CORP.	162,147	$2.927M	0.7%	$18.05	$17.02	—	COMMON	292505104
PAA	PLAINS ALL AMER PIPELINE	51,560	$2.669M	0.6%	$51.76	$55.06	—	COMMON	726503105
SIEGY	SIEMENS AG-SPONS ADR	18,510	$2.564M	0.6%	$138.52	$128.18	—	COMMON	826197501
XOM	EXXON MOBIL	24,736	$2.503M	0.6%	$101.19 *	$53.69	+4.2%	COMMON	30231G102
KGC	KINROSS GOLD CORP.	408,774	$1.79M	0.4%	$4.38 *	$5.77	-17.3%	COMMON	496902404
BA	BOEING	12,156	$1.659M	0.4%	$136.48 *	$88.05	+26.0%	COMMON	097023105
—	MAGELLAN MIDSTREAM PARTNERS, LP.	25,300	$1.601M	0.4%	$63.28	$55.21	—	COMMON	559080106
—	RAYTHEON	16,694	$1.514M	0.4%	$90.69	$72.84	—	COMMON	755111507
T	A T & T INC.	41,795	$1.469M	0.3%	$35.15 *	$11.25	-0.7%	COMMON	00206R102
—	ENERGY TRANSFER PARTNERS LP	22,150	$1.268M	0.3%	$57.25	$53.28	—	COMMON	29273R109
CMI	CUMMINS	8,880	$1.252M	0.3%	$140.99 *	$92.36	+4.3%	COMMON	231021106
KO	COCA COLA	28,038	$1.158M	0.3%	$41.30 *	$27.85	-3.3%	COMMON	191216100
NOC	NORTHROP GRUMMAN	9,396	$1.077M	0.3%	$114.62 *	$62.64	+39.4%	COMMON	666807102
BRK/A	BERKSHIRE HATHAWAY - CL A	6	$1.067M	0.3%	$177833.33 *	$165023.42	+5.1%	COMMON	084670108
AXP	AMERICAN EXPRESS	11,703	$1.062M	0.3%	$90.75 *	$60.50	+14.5%	COMMON	025816109
HAL	HALLIBURTON	19,750	$1.002M	0.2%	$50.73 *	$33.21	+24.3%	COMMON	406216101
KMPR	KEMPER	23,160	$947K	0.2%	$40.89 *	$32.74	+16.1%	COMMON	488401100
EPD	ENTERPRISE PRODUCT PARTNERS L.P.	12,158	$806K	0.2%	$66.29	$62.10	—	COMMON	293792107
RIG	TRANSOCEAN LTD	15,889	$785K	0.2%	$49.41	$49.60	-1.3%	COMMON	H8817H100
—	NATIONAL OILWELL VARCO	8,035	$639K	0.2%	$79.53	$73.76	—	COMMON	637071101
NEM	NEWMONT MINING	27,560	$635K	0.2%	$23.04 *	$25.34	-22.1%	COMMON	651639106
PEP	PEPSICO	7,620	$632K	0.1%	$82.94 *	$56.46	+2.3%	COMMON	713448108
AMGN	AMGEN INC	5,414	$618K	0.1%	$114.15 *	$76.21	+6.4%	COMMON	031162100
NEE	NEXTERA ENERGY, INC.	7,130	$610K	0.1%	$85.55 *	$14.34	+6.7%	COMMON	65339F101
GS	GOLDMAN SACHS	3,200	$567K	0.1%	$177.19 *	$130.68	0.0%	COMMON	38141G104
—	ENBRIDGE ENERGY PARTNERS LP	18,680	$558K	0.1%	$29.87	$30.51	—	COMMON	29250R106
—	ALLERGAN	4,800	$533K	0.1%	$111.04	$86.76	—	COMMON	001849010
BAC	BANK OF AMERICA CORP	33,025	$514K	0.1%	$15.56 *	$10.03	+16.5%	COMMON	060505104
SO	SOUTHERN	11,065	$455K	0.1%	$41.12 *	$26.63	-7.8%	COMMON	842587107
MSFT	MICROSOFT	12,070	$452K	0.1%	$37.45 *	$26.85	+11.8%	COMMON	594918104
—	INTEGRYS ENERGY GROUP INC	8,241	$448K	0.1%	$54.36	$58.50	—	COMMON	45822P105
—	BREITBURN ENERGY PARTNERS LP	20,200	$411K	0.1%	$20.35	$20.35	—	COMMON	106776107
SRE	SEMPRA ENERGY	4,555	$409K	0.1%	$89.79 *	$27.60	+10.6%	COMMON	816851109
GILD	GILEAD SCIENCES INC	5,294	$398K	0.1%	$75.18 *	$48.38	0.0%	COMMON	375558103
—	ALLEGHENY TECH	11,146	$397K	0.1%	$35.62	$26.29	—	COMMON	001741R10
—	PLUM CREEK TIMBER CO	8,122	$378K	0.1%	$46.54	$46.84	—	COMMON	729251108
CW	CURTISS-WRIGHT	6,016	$374K	0.1%	$62.17 *	$32.35	+50.4%	COMMON	231561101
—	CELGENE	2,200	$372K	0.1%	$169.09	$118.37	—	COMMON	151020104
—	CENTRAL GOLDTRUST	8,810	$366K	0.1%	$41.54	$43.09	—	COMMON	153546106
—	APACHE	4,000	$344K	0.1%	$86.00	$83.88	—	COMMON	037411105
—	AQUA AMERICA INC.	14,338	$338K	0.1%	$23.57	$29.12	—	COMMON	03836W103
MCY	MERCURY GENERAL	6,750	$336K	0.1%	$49.78 *	$42.98	+12.6%	COMMON	589400100
WFC	WELLS FARGO & CO.	6,834	$310K	0.1%	$45.36 *	$27.36	+12.4%	COMMON	949746101
PFE	PFIZER	9,886	$303K	0.1%	$30.65 *	$16.46	+7.1%	COMMON	717081103
—	TELEDYNE	3,184	$292K	0.1%	$91.71	$77.26	—	COMMON	087936010
COP	CONOCOPHILLIPS	4,090	$289K	0.1%	$70.66 *	$39.96	+21.1%	COMMON	20825C104
BIIB	BIOGEN IDEC	1,023	$286K	0.1%	$279.57 *	$213.68	+21.0%	COMMON	09062X103
—	SENIOR HOUSING PROP TRUST	12,500	$278K	0.1%	$22.24	$23.31	—	COMMON	81721M109
PSA	PUBLIC STORAGE INC.	1,850	$278K	0.1%	$150.27 *	$100.16	0.0%	COMMON	74460D109
PBR	PETROLEO BRASILEIRO S.A.-ADR	19,668	$271K	0.1%	$13.78	$14.53	—	COMMON	71654V408
BP	BP PLC ADR - SPONS ADR	5,550	$270K	0.1%	$48.65	$41.71	—	COMMON	055622104
BRK/B	BERKSHIRE HATHAWAY CLASS B	2,249	$267K	0.1%	$118.72 *	$110.02	+5.1%	COMMON	084670702
ECL	ECOLAB	2,500	$261K	0.1%	$104.40 *	$73.48	+23.8%	COMMON	278865100
LMT	LOCKHEED MARTIN	1,740	$259K	0.1%	$148.85 *	$86.03	+13.0%	COMMON	539830109
WMMVY	WAL-MART DE MEXICO SA ADR	9,600	$251K	0.1%	$26.15	$28.02	—	COMMON	93114W107
—	SOUTHERN CAL ED PFD E	10,667	$239K	0.1%	$22.41	$24.19	—	PREFERRED	842400509
AMZN	AMAZON.COM	600	$239K	0.1%	$398.33 *	$14.90	+20.6%	COMMON	023135106
OXY	OCCIDENTAL PETROLEUM	2,516	$239K	0.1%	$94.99 *	$57.83	+9.6%	COMMON	674599105
FDX	FEDEX CORPORATION	1,618	$233K	0.1%	$144.00 *	$112.11	0.0%	COMMON	31428X106
SJM	JM SMUCKER	2,227	$231K	0.1%	$103.73 *	$70.84	+5.2%	COMMON	832696405
CRM	SALESFORCE.COM INC	4,000	$221K	0.1%	$55.25 *	$52.85	0.0%	COMMON	79466L302
—	NESTLE SA-REGISTERED CHF	3,000	$219K	0.1%	$73.00	$65.50	—	COMMON	000213768
BMY	BRISTOL-MYERS SQUIBB	4,104	$218K	0.1%	$53.12 *	$34.16	0.0%	COMMON	110122108
—	ROYAL DUTCH SHELL PLC-ADR A	3,040	$217K	0.1%	$71.38	$71.38	—	COMMON	780259206
HD	HOME DEPOT INC.	2,600	$214K	0.1%	$82.31 *	$56.18	+4.5%	COMMON	437076102
FFIV	F5 NETWORKS INC	2,300	$209K	0.0%	$90.87 *	$85.18	0.0%	COMMON	315616102
NUS	NU SKIN ENTERPRISES CL A	1,500	$207K	0.0%	$138.00 *	$79.96	0.0%	COMMON	67018T105
SNY	SANOFI-AVENTIS-ADR	3,850	$206K	0.0%	$53.51	$51.47	—	COMMON	80105N105
—	SPORT CHALET INC-CLASS A	49,152	$54,000	0.0%	$1.10	$1.24	—	COMMON	849163209
—	IMMUNOCELLULAR THERAPEUTICS	28,000	$26,000	0.0%	$0.93	$1.93	—	COMMON	452536105
—	STAR SCIENTIFIC INC	12,200	$14,000	0.0%	$1.15	$1.39	—	COMMON	85517P101
KRED	KONARED CORP	11,500	$9,000	0.0%	$0.78 *	$0.72	0.0%	COMMON	50048Y104
—	ROCK ENERGY RESOURCES INC	208,276	$1,000	0.0%	$0.00	$0.01	—	COMMON	77208P102
—	PFF BANCORP INC	13,610	$0	0.0%	$0.00	—	—	COMMON	69331W104