Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	AT&T COMMUNICATIONS	125,865	$4.435M	3.6%	$35.24	$35.24	—	Common	00206r102
ABBV	ABBVIE	75,943	$4.386M	3.6%	$57.75 *	$30.39	+15.8%	Common	00287Y109
CVS	CVS CAREMARK	53,917	$4.291M	3.5%	$79.59 *	$46.31	+24.1%	Common	126650100
BMY	BRISTOL MYERS SQUIBB	79,896	$4.089M	3.4%	$51.18 *	$34.13	+0.3%	Common	110122108
IP	INTERNATIONAL PAPER	77,163	$3.684M	3.0%	$47.74 *	$26.20	+9.3%	Common	460146103
PBA	PEMBINA PIPELINE	84,845	$3.575M	2.9%	$42.14 *	$17.57	+38.4%	Common	706327103
—	ONEOK PARTNERS	59,367	$3.322M	2.7%	$55.96	$55.96	—	Common	68268n103
—	DIEBOLD	91,903	$3.246M	2.7%	$35.32	$33.20	—	Common	253651103
—	GENERAL ELECTRIC	121,651	$3.117M	2.6%	$25.62	$27.67	—	Common	369604103
BDX	BECTON DICKINSON	26,518	$3.018M	2.5%	$113.81 *	$91.42	+4.7%	Common	075887109
INTC	INTEL	83,523	$2.908M	2.4%	$34.82 *	$18.44	+39.6%	Common	458140100
MCD	MCDONALDS	29,312	$2.779M	2.3%	$94.81 *	$70.02	+1.8%	Common	580135101
VET	VERMILION ENERGY	45,250	$2.75M	2.3%	$60.77 *	$57.06	+12.1%	Common	923725105
EMR	EMERSON ELECTRIC	41,371	$2.589M	2.1%	$62.58 *	$48.17	-0.8%	Common	291011104
JNJ	JOHNSON & JOHNSON	24,101	$2.569M	2.1%	$106.59 *	$65.77	+14.9%	Common	478160104
HAS	HASBRO	46,135	$2.537M	2.1%	$54.99 *	$34.66	+4.8%	Common	418056107
—	CISCO SYSTEMS	93,001	$2.341M	1.9%	$25.17	$25.17	—	Common	17275r102
ABT	ABBOTT LABS	55,997	$2.329M	1.9%	$41.59 *	$30.75	+10.9%	Common	002824100
—	CHICAGO BRIDGE & IRON	40,116	$2.321M	1.9%	$57.86	$81.42	—	Common	167250109
—	BUCKEYE PARTNERS	28,948	$2.305M	1.9%	$79.63	$71.04	—	Common	118230101
PG	PROCTER & GAMBLE	27,082	$2.268M	1.9%	$83.75 *	$58.07	+2.9%	Common	742718109
ADP	AUTOMATIC DATA PROCESSING	26,274	$2.183M	1.8%	$83.09 *	$52.44	+7.3%	Common	053015103
PNW	PINNACLE WEST	39,630	$2.165M	1.8%	$54.63 *	$34.02	+5.0%	Common	723484101
KO	COCA COLA	50,599	$2.159M	1.8%	$42.67 *	$27.07	+6.6%	Common	191216100
—	TEEKAY OFFSHORE PARTNERS	64,240	$2.158M	1.8%	$33.59	$33.16	—	Common	Y8565J101
—	H C P REIT	52,683	$2.092M	1.7%	$39.71	$37.26	—	Common	40414L109
—	CONOCOPHILLIPS	27,098	$2.074M	1.7%	$76.54	$76.54	—	Common	20825c104
NSC	NORFOLK SOUTHERN	17,971	$2.006M	1.6%	$111.62 *	$65.71	+25.7%	Common	655844108
—	MONMOUTH REAL ESTATE	197,338	$1.997M	1.6%	$10.12	$9.11	—	Common	609720107
FCX	FREEPORT McMORAN	60,340	$1.97M	1.6%	$32.65 *	$30.23	+4.6%	Common	35671D857
KMB	KIMBERLY CLARK	17,952	$1.931M	1.6%	$107.56 *	$66.36	+6.8%	Common	494368103
DE	DEERE	23,360	$1.915M	1.6%	$81.98 *	$70.82	-2.0%	Common	244199105
—	WINDSTREAM	167,761	$1.808M	1.5%	$10.78	$10.78	—	Common	97382a101
—	KINDER MORGAN ENERGY	19,080	$1.78M	1.5%	$93.29	$80.69	—	Common	494550106
BGS	B & G FOODS	62,877	$1.732M	1.4%	$27.55 *	$14.22	-11.2%	Common	05508R106
EPD	ENTERPRISE PRODUCTS PARTNERS	42,651	$1.719M	1.4%	$40.30	$53.19	—	Common	293792107
FUL	H B FULLER	42,553	$1.689M	1.4%	$39.69	$41.04	-4.0%	Common	359694106
—	3M	11,388	$1.613M	1.3%	$141.64	$141.64	—	Common	88579y101
—	AVISTA	50,332	$1.537M	1.3%	$30.54	$30.54	—	Common	05379b107
RPM	RPM INT'L	31,255	$1.431M	1.2%	$45.78	$38.93	+17.8%	Common	749685103
CPB	CAMPBELL SOUP	32,009	$1.368M	1.1%	$42.74 *	$28.53	+8.0%	Common	134429109
—	NUVEEN MUNI OPPTY FUND	93,146	$1.327M	1.1%	$14.25	$13.45	—	Common	670984103
—	KINDER MORGAN MGMT	13,245	$1.247M	1.0%	$94.15	$75.53	—	Common	49455U100
JKHY	JACK HENRY & ASSOC	22,350	$1.244M	1.0%	$55.66 *	$47.90	+5.6%	Common	426281101
—	AQUA AMERICA	49,092	$1.155M	0.9%	$23.53	$23.53	—	Common	03836w103
CL	COLGATE PALMOLIVE	16,854	$1.099M	0.9%	$65.21 *	$48.42	+4.7%	Common	194162103
—	DOUBLELINE SOLUTIONS FD	42,877	$928K	0.8%	$21.64	$21.86	—	Common	258622109
ATO	ATMOS ENERGY	17,032	$812K	0.7%	$47.67 *	$34.39	+10.0%	Common	049560105
—	EXXON MOBIL	8,428	$793K	0.6%	$94.09	$94.09	—	Common	30231g102
UNP	UNION PACIFIC	6,961	$755K	0.6%	$108.46 *	$67.72	+18.6%	Common	907818108
IBM	IBM	3,851	$731K	0.6%	$189.82 *	$106.83	+7.0%	Common	459200101
—	BROOKFIELD RENEW POWER FD	23,850	$727K	0.6%	$30.48	$30.48	—	Common	g16258108
MSFT	MICROSOFT	15,079	$699K	0.6%	$46.36 *	$30.82	+22.2%	Common	594918104
SAFT	SAFETY INSURANCE GROUP	12,874	$694K	0.6%	$53.91	$52.77	+0.4%	Common	78648T100
BKH	BLACK HILLS	12,657	$606K	0.5%	$47.88 *	$36.15	-1.3%	Common	092113109
—	ENERPLUS	30,964	$587K	0.5%	$18.96	$18.19	—	Common	292766102
BAC	BANK OF AMERICA	32,838	$560K	0.5%	$17.05 *	$13.23	-5.0%	Common	060505104
PEP	PEPSICO	5,820	$542K	0.4%	$93.13 *	$58.06	+11.7%	Common	713448108
CVX	CHEVRONTEXACO	3,966	$473K	0.4%	$119.26 *	$73.16	+7.3%	Common	166764100
—	PS SENIOR LOAN PORTFOLIO	18,907	$459K	0.4%	$24.28	$24.28	—	Common	73936q769
LDOS	LEIDOS HOLDINGS	10,401	$357K	0.3%	$34.32 *	$26.62	-18.2%	Common	525327102
—	NUVEEN QUALITY PREFERRED INCOME	40,499	$353K	0.3%	$8.72	$8.18	—	Common	67072C105
RYN	RAYONIER	10,715	$334K	0.3%	$31.17	$41.96	—	Common	754907103
AAPL	APPLE COMPUTER	3,041	$306K	0.3%	$100.62 *	$18.77	+15.2%	Common	037833100
DWX	SPDR S & P INTL DIVIDEND	6,210	$287K	0.2%	$46.22	$49.95	—	Common	78463X772
—	UNITED TECHNOLOGIES	2,629	$278K	0.2%	$105.74	$113.74	—	Common	913017109
—	NUVEEN NY AMT FREE MUNI	20,229	$259K	0.2%	$12.80	$12.80	—	Common	670656107
SAIC	SCIENCE APPLICATIONS	5,533	$245K	0.2%	$44.28	$36.64	+20.1%	Common	808625107
—	PROSHARES ULTRASHORT	4,327	$244K	0.2%	$56.39	$56.39	—	Common	74347b201
HD	HOME DEPOT	2,629	$241K	0.2%	$91.67 *	$60.11	+9.4%	Common	437076102
SCHD	SCH US DIV EQUITY ETF	6,193	$239K	0.2%	$38.59	$38.59	—	Common	808524797
—	WESTPORT INNOVATION	22,537	$237K	0.2%	$10.52	$17.80	—	Common	960908309
LEG	LEGGETT & PLATT	6,455	$225K	0.2%	$34.86	$34.29	0.0%	Common	524660107
—	AEGION CORP	9,450	$210K	0.2%	$22.22	$21.86	—	Common	00770F104
—	VERIZON	3,943	$197K	0.2%	$49.96	$49.96	—	Common	92343v104
AXP	AMERICAN EXPRESS	2,223	$195K	0.2%	$87.72 *	$75.50	+1.3%	Common	025816109
—	QLOGIC CORP	21,077	$193K	0.2%	$9.16	$10.53	—	Common	747277101