0001056515-11-000004.txt : 20110419
0001056515-11-000004.hdr.sgml : 20110419
20110419122227
ACCESSION NUMBER: 0001056515-11-000004
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110331
FILED AS OF DATE: 20110419
DATE AS OF CHANGE: 20110419
EFFECTIVENESS DATE: 20110419
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: MURPHY CAPITAL MANAGEMENT INC
CENTRAL INDEX KEY: 0001056515
IRS NUMBER: 222480509
STATE OF INCORPORATION: NJ
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-03913
FILM NUMBER: 11767373
BUSINESS ADDRESS:
STREET 1: PO BOX 718
STREET 2: 268 MAIN STREET
CITY: GLADSTONE
STATE: NJ
ZIP: 07934
BUSINESS PHONE: 908-719-6430
MAIL ADDRESS:
STREET 1: PO BOX 718
STREET 2: 268 MAIN STREET
CITY: GLADSTONE
STATE: NJ
ZIP: 07934
13F-HR
1
mcm13f03312011.txt
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 03/31/2011
Check here if Amendment: |_|; Amendment Number:
This Amendment (Check only one): |_| is a restatement.
|_| adds new holdings
entries.
Institutional Investment Manager Filing this Report:
Name: MURPHY CAPITAL MANAGEMENT, INC.
Address: P.O Box 718, 268 Main Street, Gladstone New Jersey
Form 13F File Number: 28-6814
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: John J. Murphy
Title: President
Phone: 908-719-6430
Signature, Place, and Date of Signing:
/s/ John J. Murphy Gladstone, NJ 04/18/2011
- --------------------- --------------------------- -------------------
[Signature] [City, State] [Date]
Report Type (Check one only):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all
holdings are reported by other reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this
reporting manager are reported in this report and a portion are reported by
other reporting manager(s).)
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0_____________________
Form 13F Information Table Entry Total: 391
Form 13F Information Table Value Total: 363,936
(thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s)
of all institutional investment managers with respect to which this
report is filed, other than the manager filing this report.
If there are no entries in this list, state NONE and omit the column
headings and list entries.
NONE
[Repeat as necessary.]
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
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
ASTRAZENECA PLC SPONSORED ADR ADR 046353108 255 5550 SH SOLE 5550
BASF SE SPONSORED ADR ADR 055262505 318 3675 SH SOLE 3675
L OREAL CO ADR ADR 502117203 406 17400 SH SOLE 17400
NESTLE S A SPONSORED ADR ADR 641069406 5069 88091 SH SOLE 625 87466
4NET SOFTWARE INC COM COM 35104P105 5 80000 SH SOLE 80000
ABBOTT LABORATORIES COM 002824100 1329 27106 SH SOLE 27106
ABOVENET INC COM COM 00374N107 285 4400 SH SOLE 4400
AFLAC COM 001055102 5847 110785 SH SOLE 110785
39 750 SH OTHER 750
AGRIUM INC COM COM 008916108 1025 11115 SH SOLE 11115
ALBEMARLE COM 012653101 242 4050 SH SOLE 4050
ALLIANCE RESOURCE PARTNERS LP COM 01877R108 1527 18760 SH SOLE 18760
ALLIANT ENERGY COM 018802108 256 6595 SH SOLE 6595
ALTRIA GROUP COM 02209S103 2839 109077 SH SOLE 109077
15 600 SH OTHER 600
AMAZON COM 023135106 702 3900 SH SOLE 3900
AMERICA MOVIL SR L ADR COM 02364W105 354 6100 SH SOLE 6100
AMERICAN EXPRESS COM 025816109 400 8860 SH SOLE 8860
AMGEN COM 031162100 350 6561 SH SOLE 6561
163 3050 SH OTHER 3050
ANNALY MORTGAGE MANAGEMENT COM 035710409 269 15430 SH SOLE 15430
APACHE COM 037411105 499 3815 SH SOLE 3815
APPLE COMPUTER COM 037833100 13362 38343 SH SOLE 300 38043
121 350 SH OTHER 350
AT&T, INC. COM 00206R102 2405 78601 SH SOLE 1162 77439
236 7733 SH OTHER 7733
ATLAS PIPELINE PARTNERS LP MLP COM 049392103 358 10400 SH SOLE 10400
ATMOS ENERGY COM 049560105 271 7966 SH SOLE 7966
BAIDU.COM ADS COM 056752108 2221 16120 SH SOLE 16120
20 150 SH OTHER 150
BANK N S HALIFAX COM COM 064149107 359 5850 SH SOLE 5850
BANK OF AMERICA COM 060505104 425 31899 SH SOLE 31899
BARD (C.R.) INC COM 067383109 204 2055 SH SOLE 2055
299 3015 SH OTHER 3015
BARRICK GOLD COM 067901108 727 14011 SH SOLE 14011
BAXTER INTERNATIONAL COM 071813109 585 10895 SH SOLE 200 10695
BAYER A G SPONSORED ADR COM 072730302 1588 20385 SH SOLE 20385
BECTON DICKINSON COM 075887109 451 5670 SH SOLE 5670
BELL CANADA ENTERPRISES (NEW) COM 05534B760 248 6850 SH SOLE 6850
BERKSHIRE HATHAWAY INC CL B NE COM 084670702 3228 38607 SH SOLE 300 38307
41 500 SH OTHER 500
BHP BILLITON ADR COM 088606108 1268 13235 SH SOLE 13235
BIOGEN IDEC INC COM 09062X103 282 3850 SH SOLE 3850
BIOTECH HOLDRS TRUST COM 09067D201 1031 9700 SH SOLE 200 9500
BIOTECHNOLOGY COM 464287556 4290 42840 SH SOLE 42840
80 800 SH OTHER 800
BLACK HILLS COM 092113109 264 7900 SH SOLE 7900
BOARDWALK PIPELINE PARTNERS ML COM 096627104 713 21835 SH SOLE 21835
9 300 SH OTHER 300
BOEING COM 097023105 2967 40143 SH SOLE 500 39643
14 200 SH OTHER 200
BORG WARNER COM 099724106 418 5250 SH SOLE 5250
BP PRUDHOE BAY REALTY TRUST COM 055630107 2235 18660 SH SOLE 18660
BRISTOL MYERS SQUIBB COM 110122108 558 21145 SH SOLE 21145
132 5000 SH OTHER 5000
BT GROUP PLC ADR COM 05577E101 201 6700 SH SOLE 6700
BUCKEYE PARTNERS LP MLP COM 118230101 1296 20400 SH SOLE 20400
BUNGE LTD COM G16962105 213 2950 SH SOLE 2950
CABLEVISION SYSTEMS COM 12686C109 256 7400 SH SOLE 7400
CANADIAN NATIONAL RAILWAY COM 136375102 560 7450 SH SOLE 7450
CANADIAN NATURAL RESOURCES COM 136385101 464 9400 SH SOLE 9400
CANADIAN PACIFIC RAILWAY LTD COM 13645T100 398 6200 SH SOLE 6200
12 200 SH OTHER 200
CATERPILLAR COM 149123101 5167 46411 SH SOLE 46411
33 300 SH OTHER 300
CELGENE COM 151020104 1362 23665 SH SOLE 23665
CENTRAL EUROPEAN EQUITY COM 153436100 566 12515 SH SOLE 12515
CHENIERE ENERGY PARTNR COM UNI COM 16411Q101 190 10000 SH SOLE 10000
CHESAPEAKE ENERGY COM 165167107 412 12300 SH SOLE 12300
CHEVRON CORP COM 166764100 3794 35299 SH SOLE 35299
491 4576 SH OTHER 4576
CHUBB CORP COM 171232101 372 6070 SH SOLE 6070
30 500 SH OTHER 500
CISCO SYSTEMS COM 17275R102 461 26910 SH SOLE 26910
CITIGROUP COM 172967101 703 159140 SH SOLE 159140
CLAYMORE EXCHANGE GUGG BRIC ET COM 18383M100 1416 29869 SH SOLE 29869
37 800 SH OTHER 800
CNOOC LTD ADR COM 126132109 531 2100 SH SOLE 2100
COCA COLA COM 191216100 3588 54086 SH SOLE 500 53586
COGNIZANT TECH SOLUTIONS COM 192446102 305 3750 SH SOLE 3750
COLGATE PALMOLIVE COM 194162103 2359 29215 SH SOLE 29215
COMCAST CORP CL A COM 20030N101 210 8524 SH SOLE 8524
CONOCOPHILLIPS COM 20825C104 1616 20235 SH SOLE 20235
CONSOLIDATED EDISON COM 209115104 2585 50966 SH SOLE 300 50666
COPANO ENERGY L L C COM UNITS COM 217202100 617 17350 SH SOLE 17350
CORNING COM 219350105 303 14700 SH SOLE 14700
CRESTWOOD MIDSTREAM PR COM UNI COM 226372100 381 12699 SH SOLE 12699
CROSSTEX ENERGY LP MLP COM 22765U102 376 22225 SH SOLE 22225
CSX COM 126408103 3481 44295 SH SOLE 44295
CUMMINS COM 231021106 304 2775 SH SOLE 2775
CURRENCYSHSSWISS FRANC SWISS F COM 23129V109 555 5150 SH SOLE 5150
DCP MIDSTREAM PARTNERS LP MLP COM 23311p100 658 16250 SH SOLE 16250
DEERE COM 244199105 2576 26587 SH SOLE 26587
DIAGEO ADR COM 25243Q205 434 5695 SH SOLE 5695
DIAMOND OFFSHORE DRILLING COM 25271C102 289 3725 SH SOLE 3725
DIRECTV COM CL A COM 25490A101 737 15750 SH SOLE 15750
11 240 SH OTHER 240
DJ US BASIC MATERIALS COM 464287838 324 3965 SH SOLE 200 3765
DJ US HEALTHCARE COM 464287762 2673 38671 SH SOLE 38671
DJ US HEALTHCARE PROVIDERS COM 464288828 760 12288 SH SOLE 350 11938
DJ US MEDICAL DEVICES COM 464288810 798 12425 SH SOLE 12425
DJ US TECHNOLOGY COM 464287721 1119 16824 SH SOLE 16824
DJ US UTILITIES SECTOR COM 464287697 316 3990 SH SOLE 3990
39 500 SH OTHER 500
DNP SELECT INCOME COM 23325P104 219 23150 SH SOLE 23150
11 1200 SH OTHER 1200
DOMINION RESOURCES COM 25746U109 1455 32564 SH SOLE 32564
44 1000 SH OTHER 1000
DOVER COM 260003108 310 4725 SH SOLE 4725
DOW CHEMICAL COM 260543103 397 10525 SH SOLE 10525
DU PONT COM 263534109 1914 34827 SH SOLE 34827
27 500 SH OTHER 500
DUKE ENERGY COM 26441c105 1237 68197 SH SOLE 68197
Deutsche Bank Ag Aos-Cp Rty 12 COM 938 94370 SH SOLE 94370
EAGLE ROCK ENERGY PRTN UNIT COM 26985R104 274 26800 SH SOLE 26800
EASTGROUP PPTY INC COM COM 277276101 534 12150 SH SOLE 12150
EASTMAN CHEMICAL COM 277432100 250 2525 SH SOLE 2525
EATON VANCE TX ADV GLOBAL DIV COM 27828S101 165 11133 SH SOLE 11133
13 900 SH OTHER 900
EL PASO PIPELINE PTNRS COM UNI COM 283702108 847 23400 SH SOLE 23400
ELI LILLY COM 532457108 245 6970 SH SOLE 6970
EMC COM 268648102 487 18353 SH SOLE 18353
EMERSON ELECTRIC COM 291011104 2439 41759 SH SOLE 41759
ENBRIDGE ENERGY PARTNERS LP ML COM 29250R106 725 11225 SH SOLE 11225
ENERGY INCOME & GROWTH FUND COM 292697109 2693 92826 SH SOLE 92826
ENERGY TRANSFER EQUITY COM UT COM 29273V100 704 15650 SH SOLE 15650
ENERGY TRANSFER PARTNERS LP ML COM 29273R109 1147 22175 SH SOLE 22175
ENERPLUS CORP COM COM 292766102 505 15981 SH SOLE 15981
ENTERGY COM 29364g103 211 3150 SH SOLE 3150
ENTERPRISE PRODUCTS PARTNERS L COM 293792107 5557 129056 SH SOLE 129056
38 905 SH OTHER 905
EQUITY RESIDENTIAL COM 29476L107 508 9015 SH SOLE 9015
EXPRESS SCRIPTS COM 302182100 1217 21900 SH SOLE 21900
EXTERRAN PARTNERS LP COM UNITS COM 30225N105 298 10650 SH SOLE 10650
EXXON MOBIL COM 30231G102 10184 121059 SH SOLE 600 120459
355 4224 SH OTHER 4224
F M C CORP COM NEW COM 302491303 679 8000 SH SOLE 8000
FEDEX COM 31428x106 729 7800 SH SOLE 7800
FIDUCIARY CLAYMORE MLP OPPORTU COM 31647Q106 238 10729 SH SOLE 10729
FIRESWIRL TECHNOLOGIES COM COM 31831N109 6 45000 SH SOLE 45000
FIRST SOLAR INC COM COM 336433107 249 1550 SH SOLE 1550
FLUOR COM 343412102 1058 14375 SH SOLE 14375
FORD MOTOR COM 345370860 1224 82110 SH SOLE 82110
FRANKLIN STR PPTYS CP COM COM 35471R106 287 20400 SH SOLE 20400
FREEPORT MCMORAN COPPER & GOLD COM 35671d857 1637 29475 SH SOLE 200 29275
FTSE/XINHUA CHINA 25 COM 464287184 809 18030 SH SOLE 18030
GENERAL DYNAMICS COM 369550108 910 11895 SH SOLE 11895
GENERAL ELECTRIC COM 369604103 3210 160120 SH SOLE 800 159320
GENERAL MILLS COM 370334104 1709 46780 SH SOLE 46780
21 600 SH OTHER 600
GENESIS ENERGY LP MLP COM 371927104 695 24555 SH SOLE 24555
GETTY REALTY COM 374297109 512 22400 SH SOLE 22400
GLAXOSMITHKLINE ADR COM 37733W105 335 8739 SH SOLE 8739
GOLDCORP COM 380956409 333 6700 SH SOLE 6700
GOLDMAN SACHS GROUP COM 38141G104 1280 8075 SH SOLE 150 7925
GOOGLE COM 38259p508 2244 3825 SH SOLE 3825
HEINZ (HJ) COM 423074103 1099 22528 SH SOLE 22528
HERSHEY COMPANY COM 427866108 563 10360 SH SOLE 10360
HESS CORP COM 42809h107 491 5765 SH SOLE 5765
HEWLETT PACKARD COM 428236103 1920 46886 SH SOLE 500 46386
20 500 SH OTHER 500
HOLLY ENERGY PARTNERS LP COM 435763107 873 15055 SH SOLE 15055
HOME DEPOT COM 437076102 2473 66733 SH SOLE 600 66133
HONDA MOTOR ADR COM 438128308 304 8125 SH SOLE 8125
HONEYWELL INTERNATIONAL COM 438516106 3071 51437 SH SOLE 600 50837
59 1000 SH OTHER 1000
HSBC HOLDINGS PLC ADR COM 404280406 346 6693 SH SOLE 6693
IAC INTERACTIVECORP COM PAR $. COM 44919P508 282 9150 SH SOLE 9150
IBM COM 459200101 8230 50470 SH SOLE 600 49870
65 400 SH OTHER 400
ILLINOIS TOOL WORKS COM 452308109 247 4600 SH SOLE 4600
ILLUMINA COM 452327109 924 13200 SH SOLE 13200
INDIA FUND COM 454089103 257 7800 SH SOLE 7800
INERGY LP MLP COM 456615103 728 18179 SH SOLE 18179
INFORMATICA CORPORATION COM 45666Q102 380 7300 SH SOLE 7300
INTEL COM 458140100 465 23076 SH SOLE 23076
INTERCONTINENTAL EXCHANGE COM 45865V100 253 2050 SH SOLE 2050
INTERNATIONAL PAPER COM 460146103 509 16876 SH SOLE 16876
INTERNET HOLDERS TRUST COM 46059w102 2446 33700 SH SOLE 33700
14 200 SH OTHER 200
INTUIT COM 461202103 273 5150 SH SOLE 5150
ISHARES COMEX GOLD TR ISHARES COM 464285105 384 27395 SH SOLE 27395
ISHARES SILVER TRUST ISHARES COM 46428Q109 770 20960 SH SOLE 20960
ISHARES TR DJ INS INDX FD COM 464288786 1524 47005 SH SOLE 400 46605
ISHARES TR DJ OIL EQUIP COM 464288844 1506 22210 SH SOLE 250 21960
33 500 SH OTHER 500
ISHARES TR DJ PHARMA INDX COM 464288836 359 5420 SH SOLE 5420
ISHARES TR RESIDENT INDEX COM 464288562 255 6106 SH SOLE 6106
ISHARES TR S&P GL C STAPL COM 464288737 314 4960 SH SOLE 4960
ITT CORP COM 450911102 306 5100 SH SOLE 5100
60 1000 SH OTHER 1000
JOHNSON & JOHNSON COM 478160104 4993 84283 SH SOLE 500 83783
JOY GLOBAL COM 481165108 294 2980 SH SOLE 2980
51 525 SH OTHER 525
JP MORGAN CHASE COM 46625H100 3062 66437 SH SOLE 600 65837
KAYNE ANDERSON MLP COM 486606106 2726 83461 SH SOLE 83461
KIMBERLY CLARK COM 494368103 1030 15791 SH SOLE 15791
19 300 SH OTHER 300
KINDER MORGAN ENERGY LP MLP COM 494550106 2596 35040 SH SOLE 35040
14 200 SH OTHER 200
KINDER MORGAN MGMT LLC SHS COM 49455U100 268 4089 SH SOLE 4089
KKR & CO L P DEL COM UNITS COM 48248M102 283 17300 SH SOLE 17300
KRAFT FOODS CL A COM 50075N104 485 15479 SH SOLE 414 15064
KROGER COM 501044101 393 16408 SH SOLE 16408
Kinder Morgan 100,000ths COM 0 511532 SH SOLE 511532
LEAR CORP COM 521865204 254 5200 SH SOLE 5200
LEGACY RESERVES LP UNIT LP INT COM 524707304 418 13350 SH SOLE 13350
LIFE TECHNOLOGIES CORP COM COM 53217V109 584 11150 SH SOLE 11150
LINN ENERGY LLC UNIT LTD LIAB COM 536020100 729 18750 SH SOLE 18750
LOCKHEED MARTIN COM 539830109 289 3600 SH SOLE 3600
LOEWS CORP COM COM 540424108 646 15000 SH SOLE 15000
MAGELLAN MIDSTREAM PARTNERS LP COM 559080106 3396 56746 SH SOLE 56746
23 400 SH OTHER 400
MAKO SURGICAL CORP COM COM 560879108 266 11050 SH SOLE 11050
MARATHON OIL COM 565849106 207 3892 SH SOLE 3892
MARKET VECTORS ETF TR AGRIBUS COM 57060U605 427 7625 SH SOLE 7625
MARKET VECTORS ETF TR COAL ETF COM 57060U837 570 11250 SH SOLE 11250
MARKET VECTORS ETF TR GOLD MIN COM 57060U100 892 14855 SH SOLE 14855
MARKWEST ENERGY PARTNERS LP ML COM 570759100 1037 21400 SH SOLE 21400
MCDONALDS COM 580135101 4269 56117 SH SOLE 600 55517
7 100 SH OTHER 100
MCKESSON COM 58155Q103 958 12126 SH SOLE 12126
MEAD JOHNSON NUTRI CO COM CL A COM 582839106 743 12835 SH SOLE 12835
MERCK & CO INC NEW COM COM 58933Y105 1119 33900 SH SOLE 33900
METTLER TOLEDO INTL COM 592688105 206 1200 SH SOLE 1200
MICROSOFT COM 594918104 2001 78847 SH SOLE 78847
MID-AMERICA APARTMENT COMMUNIT COM 59522J103 234 3650 SH SOLE 3650
MMM (3M COMPANY) COM 88579Y101 2410 25783 SH SOLE 600 25183
MORGAN STANLEY EMERGING COM 617477104 229 14171 SH SOLE 14171
MORGAN STANLEY EMERGING MARKET COM 61744G107 311 19550 SH SOLE 19550
MOSAIC COM 61945a107 401 5100 SH SOLE 5100
MSCI AUSTRALIA COM 464286103 1675 62957 SH SOLE 62957
MSCI BRAZIL COM 464286400 1472 19000 SH SOLE 19000
7 100 SH OTHER 100
MSCI CANADA COM 464286509 1574 46852 SH SOLE 46852
MSCI EAFE COM 464287465 330 5506 SH SOLE 5506
MSCI EMERGING MARKET COM 464287234 580 11936 SH SOLE 11936
MSCI GERMANY COM 464286806 336 12950 SH SOLE 12950
NATIONAL AUSTRALIA BK SPONSORE COM 632525408 276 10350 SH SOLE 10350
NATIONAL FUEL GAS COM 636180101 463 6260 SH SOLE 6260
NATIONAL OILWELL VARCO COM 637071101 459 5800 SH SOLE 5800
NATURAL RESOURCE PARTNERS LP M COM 63900P103 599 17100 SH SOLE 17100
NEXTERA ENERGY INC COM COM 65339F101 577 10473 SH SOLE 10473
NIKE COM 654106103 211 2800 SH SOLE 2800
NORFOLK SOUTHERN COM 655844108 757 10935 SH SOLE 10935
NORTHEAST UTILITIES COM 664397106 261 7550 SH SOLE 7550
NOVARTIS AG ADR COM 66987V109 495 9112 SH SOLE 9112
NUSTAR ENERGY LP UNIT COM COM 67058H102 427 6300 SH SOLE 6300
34 511 SH OTHER 511
NUSTAR GP HOLDINGS LLC UNIT RE COM 67059L102 537 14750 SH SOLE 14750
OCCIDENTAL PETROLEUM COM 674599105 1753 16784 SH SOLE 16784
21 210 SH OTHER 210
ONEOK PARTNERS LP MLP COM 68268N103 2052 24920 SH SOLE 24920
ORACLE COM 68389X105 363 10875 SH SOLE 10875
PEABODY ENERGY COM 704549104 572 7960 SH SOLE 7960
PENN VIRGINIA RESOURCE PARTNER COM 707884102 475 17156 SH SOLE 17156
PEPSICO COM 713448108 5240 81357 SH SOLE 81357
32 500 SH OTHER 500
PETROLEO BRASILEIRO ADR COM 71654V408 200 4950 SH SOLE 4950
PFIZER COM 717081103 305 15062 SH SOLE 15062
PG & E COM 69331C108 364 8250 SH SOLE 8250
PHILIP MORRIS INTL INC COM COM 718172109 1576 24016 SH SOLE 24016
PIEDMONT NATURAL GAS COM 720186105 1161 38270 SH SOLE 38270
36 1200 SH OTHER 1200
PLAINS ALL AMERICAN PIPELINE L COM 726503105 2088 32767 SH SOLE 32767
25 400 SH OTHER 400
PLUM CREEK TIMBER COM 729251108 2099 48150 SH SOLE 48150
43 1000 SH OTHER 1000
POWERSHARES ETF TRUST CON STAP COM 73935X393 215 7210 SH SOLE 7210
POWERSHARES ETF TRUST ENERGY S COM 73935X385 463 10553 SH SOLE 10553
POWERSHARES QQQ TRUST UNIT SER COM 73935A104 4221 73502 SH SOLE 73502
POWERSHS DB MULTI SECT DB GOLD COM 73936B606 2166 42920 SH SOLE 42920
POWERSHS DB MULTI SECT DB PREC COM 73936B200 436 8030 SH SOLE 8030
POWERSHS DB US DOLLAR DOLL IND COM 73936D206 441 15700 SH SOLE 15700
PPL COM 69351T106 446 17640 SH SOLE 17640
PROCTER & GAMBLE COM 742718109 5206 84528 SH SOLE 600 83928
24 400 SH OTHER 400
PROGRESS ENERGY COM 743263105 235 5107 SH SOLE 5107
PROSHARES TR SHORT S&P 500 COM 74347R503 349 8500 SH SOLE 8500
PUBLIC SERVICE ENTERPRISE GROU COM 744573106 1891 60035 SH SOLE 60035
57 1812 SH OTHER 1812
QUALCOMM COM 747525103 455 8300 SH SOLE 8300
RAM HOLDINGS LTD SHS COM G7368R104 33 21500 SH SOLE 21500
RAYONIER COM 754907103 959 15400 SH SOLE 15400
REDWOOD TR INC COM COM 758075402 317 20450 SH SOLE 20450
REGENCY ENERY PARTNERS LP COM 75885y107 641 23500 SH SOLE 23500
REYNOLDS AMERICAN COM 761713106 456 12850 SH SOLE 12850
ROVI CORP COM COM 779376102 230 4300 SH SOLE 4300
ROYAL DUTCH CL A ADR NEW COM 780259206 730 10032 SH SOLE 10032
29 408 SH OTHER 408
ROYAL DUTCH CL B ADR NEW COM 780259107 202 2766 SH SOLE 2766
RUSSELL MIDCAP GROWTH COM 464287481 1320 21680 SH SOLE 21680
SCHLUMBERGER COM 806857108 3170 33996 SH SOLE 500 33496
37 400 SH OTHER 400
SELECT SECTOR SPDR TR SBI INT- COM 81369Y605 2357 143810 SH SOLE 143810
16 1000 SH OTHER 1000
SHIRE PHARMACEUTICALS GROUP AD COM 82481R106 1315 15120 SH SOLE 15120
52 600 SH OTHER 600
SIEMENS AG ADR COM 826197501 2786 20290 SH SOLE 20290
SIMON PROPERTY COM 828806109 511 4776 SH SOLE 4776
SINA CORP ORD COM G81477104 519 4850 SH SOLE 4850
SOUTHERN COMPANY COM 842587107 947 24850 SH SOLE 24850
SOUTHWESTERN ENERGY COM 845467109 272 6350 SH SOLE 6350
SPDR DOW JONES INDL AV UT SER COM 78467X109 1155 9389 SH SOLE 500 8889
SPDR ENERGY COM 81369Y506 2328 29201 SH SOLE 500 28701
SPDR HEALTH CARE COM 81369y209 901 27218 SH SOLE 27218
SPDR INDEX SHS FDS S&P BRIC 40 COM 78463X798 254 8625 SH SOLE 8625
SPDR INDUSTRIAL SECTOR COM 81369y704 1479 39290 SH SOLE 39290
SPDR MATERIALS SECTOR COM 81369y100 1550 38750 SH SOLE 38750
4 100 SH OTHER 100
SPDR MID CAP 400 COM 78467Y107 427 2383 SH SOLE 250 2133
SPDR SERIES TRUST S&P RETAIL E COM 78464A714 560 11035 SH SOLE 11035
17 350 SH OTHER 350
SPDR SP500 TRUST SR 1 COM 78462F103 1030 7775 SH SOLE 7775
SPDR UTILITIES SELECT COM 81369Y886 249 7820 SH SOLE 7820
ST JUDE MEDICAL COM 790849103 1050 20500 SH SOLE 20500
STANLEY BLACK & DECKER COM COM 854502101 469 6130 SH SOLE 6130
STARWOOD PPTY TR INC COM COM 85571B105 401 18000 SH SOLE 18000
STREETTRACKS GOLD SHARES COM 78463v107 2692 19253 SH SOLE 19253
STREETTRACKS INDEX SHS LATIN A COM 78463x707 208 2350 SH SOLE 2350
STREETTRACKS MORGAN STANLEY TE COM 78464a102 1146 16935 SH SOLE 16935
STREETTRACKS SER TR SPDR O&G E COM 78464a730 541 8400 SH SOLE 8400
STRYKER COM 863667101 839 13800 SH SOLE 13800
SUBURBAN PROPANE PARTNERS LP COM 864482104 492 8720 SH SOLE 8720
SUNOCO COM 86764P109 471 10335 SH SOLE 10335
TARGO RES PARTNERS LP COM UNIT COM 87611X105 687 19825 SH SOLE 19825
TATA MOTORS ADR COM 876568502 475 17115 SH SOLE 17115
TC PIPELINES LP MLP COM 87233Q108 643 12375 SH SOLE 12375
TECHNOLOGY SELECT SECT SPDR COM 81369Y803 222 8541 SH SOLE 8541
TEEKAY LNG PARTNERS LP MLP COM y8564M105 576 14065 SH SOLE 14065
TEEKAY OFFSHORE PTN LP PARTNER COM Y8565J101 311 10200 SH SOLE 10200
TERRA NITROGEN CO L P COM UNIT COM 881005201 561 4800 SH SOLE 4800
TEVA PHARMACEUTICAL ADR COM 881624209 214 4275 SH SOLE 4275
THERMO ELECTRON COM 883556102 337 6081 SH SOLE 6081
TIME WARNER CABLE INC CL A COM 88732J207 711 9977 SH SOLE 9977
TOYOTA MOTOR ADR COM 892331307 260 3250 SH SOLE 3250
TRANSCANADA COM 89353D107 259 6400 SH SOLE 6400
TRANSGLOBE ENERGY CORP COM COM 893662106 152 10000 SH SOLE 10000
TRANSMONTAIGNE PARTNERS LP MLP COM 89376v100 1169 32200 SH SOLE 32200
TRANSOCEAN LTD ZUG COM h8817h100 913 11715 SH SOLE 11715
TYCO INTL COM h89128104 507 11325 SH SOLE 11325
UBS AG JERSEY BRH ALERIAN INFR COM 902641646 1367 43650 SH SOLE 43650
UGI CORP COM 902681105 567 17250 SH SOLE 17250
88 2700 SH OTHER 2700
UNILEVER PLC ADR COM 904767704 292 9550 SH SOLE 9550
UNION PACIFIC COM 907818108 2042 20775 SH SOLE 20775
78 800 SH OTHER 800
UNITED PARCEL SERVICE CL B COM 911312106 780 10500 SH SOLE 10500
UNITED TECHNOLOGIES COM 913017109 6608 78063 SH SOLE 600 77463
33 400 SH OTHER 400
UR ENERGY INC COM COM 91688R108 19 12000 SH SOLE 12000
VALEANT PHARMACEUTICAL COM COM 91911K102 1369 27496 SH SOLE 27496
VANGUARD EMERGING MARKETS VIPE COM 922042858 2424 49535 SH SOLE 49535
VANGUARD INDEX FDS REIT ETF COM 922908553 656 11220 SH SOLE 11220
VANGUARD NAT RES LLC COM UNIT COM 92205F106 311 9800 SH SOLE 9800
VANGUARD TELECOM SERVICES VIPE COM 92204A884 798 11645 SH SOLE 11645
VECTOR GROUP LTD COM COM 92240M108 190 11025 SH SOLE 11025
VERIZON COMMUNICATIONS COM 92343V104 4712 122277 SH SOLE 500 121777
115 3000 SH OTHER 3000
VIACOM CL A NEW COM 92553P102 234 4400 SH SOLE 4400
VIACOM CL B NEW COM 92553P201 307 6600 SH SOLE 6600
VISA INC COM CL A COM 92826C839 608 8265 SH SOLE 8265
VODAFONE GROUP PLC ADR COM 92857W209 174 6086 SH SOLE 6086
68 2392 SH OTHER 2392
VORNADO REALTY TRUST COM 929042109 596 6814 SH SOLE 6814
WABCO HLDGS INC COM COM 92927K102 436 7080 SH SOLE 7080
WAL-MART STORES COM 931142103 1723 33118 SH SOLE 33118
WALT DISNEY COM 254687106 2091 48537 SH SOLE 500 48037
WATSON PHARMACEUTICALS COM COM 942683103 344 6150 SH SOLE 6150
WELLS FARGO COM 949746101 401 12650 SH SOLE 12650
WESTAR ENERGY COM 95709T100 307 11650 SH SOLE 11650
WEYERHAEUSER COM 962166104 321 13084 SH SOLE 13084
WHITING USA TR I TR UNIT COM 966389108 164 10000 SH SOLE 10000
WILLIAMS COMPANIES COM 969457100 467 15000 SH SOLE 15000
WILLIAMS PARTNERS L P COM UNIT COM 96950F104 1331 25711 SH SOLE 25711
WISDOMTREE TRUST EMG MKTS SMCA COM 97717W281 1010 18900 SH SOLE 18900
WW GRAINGER COM 384802104 296 2150 SH SOLE 2150
WYNN RESORTS LTD COM COM 983134107 437 3440 SH SOLE 3440
YUM! BRANDS COM 988498101 980 19090 SH SOLE 19090
DREYFUS HI YLD STRATEG SH BEN 26200S101 62 13280 SH SOLE 13280
FIDELITY INVT TR INTL SMCAP FD 315910737 259 11910 SH SOLE 11910
FORT DEARBORN INC SECS COM 347200107 769 52650 SH SOLE 52650
FRANKLIN TEMPLETON FDS 353496300 149 66133 SH SOLE 66133
UNITED STS COMM IDX FD COMM ID 911717106 624 8855 SH SOLE 8855
VANGUARD INDEX FDS GRW INDEX A 922908660 342 10358 SH SOLE 10358
DUNCAN ENERGY PARTNRS COM UNIT PFD 265026104 311 7700 SH SOLE 7700
GENERAL ELEC CAP CORP NT 6.45% PFD 369622477 468 18450 SH SOLE 18450
ISHARES TR US PFD STK IDX PFD 464288687 1037 26170 SH SOLE 26170
MCWATTERS MNG INC NT PRF CL A PFD 582905709 0 10000 SH SOLE 10000
POWERSHARES ETF TRUST FINL PFD PFD 73935X229 532 29370 SH SOLE 29370
TENNESSEE VALLEY AUTH PARRS D PFD 880591300 456 18150 SH SOLE 18150