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
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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
ABBVIE INC. Com 00287Y109 19,995 346,175 SH   SOLE   255,025 0 91,150
AMERICAN ELECTRIC POWER Com 025537101 6,791 130,063 SH   SOLE   97,875 0 32,188
ALLSTATE CORPORATION Com 020002101 76,158 1,240,968 SH   SOLE   908,375 0 332,593
AMGEN INC Com 031162100 5,790 41,225 SH   SOLE   30,525 0 10,700
APACHE CORP Com 037411105 17,146 182,662 SH   SOLE   134,475 0 48,187
BAXTER INTERNATIONAL Com 071813109 7,323 102,036 SH   SOLE   75,100 0 26,936
BRISTOL-MYERS SQUIBB Com 110122108 6,634 129,613 SH   SOLE   94,025 0 35,588
BERKSHIRE HATHAWAY INC CL A Com 084670108 414 2 SH   SOLE   2 0 0
CITIGROUP INC Com 172967424 4,748 91,625 SH   SOLE   67,725 0 23,900
CAPITAL ONE FINL CORP Com 14040H105 5,037 61,713 SH   SOLE   45,475 0 16,238
CONOCOPHILLIPS Com 20825C104 24,791 323,987 SH   SOLE   238,200 0 85,787
CISCO SYS INC Com 17275R102 41,994 1,668,400 SH   SOLE   1,227,000 0 441,400
CHEVRON CORP Com 166764100 49,375 413,807 SH   SOLE   304,135 0 109,672
DUPONT Com 263534109 7,901 110,104 SH   SOLE   81,108 0 28,996
DOW CHEMICAL Com 260543103 31,638 603,309 SH   SOLE   438,320 0 164,989
EXELON CORP Com 30161N101 40,581 1,190,399 SH   SOLE   846,075 0 344,324
FORD MTR CO Com 345370860 6,603 446,475 SH   SOLE   324,075 0 122,400
FREEPORT-MCMORAN INC Com 35671D857 5,971 182,875 SH   SOLE   132,325 0 50,550
TWENTY FIRST CENTY FOX CL A Com 90130A101 18,726 546,100 SH   SOLE   391,300 0 154,800
GENERAL DYNAMICS CORP Com 369550108 16,594 130,566 SH   SOLE   95,025 0 35,541
GENERAL ELECTRIC Com 369604103 52,043 2,031,340 SH   SOLE   1,476,250 0 555,090
GOLDMAN SACHS GROUP Com 38141G104 21,250 115,760 SH   SOLE   85,285 0 30,475
HEWLETT PACKARD CO Com 428236103 46,682 1,316,087 SH   SOLE   969,515 0 346,572
INTEL CORP Com 458140100 89,544 2,571,636 SH   SOLE   1,893,675 0 677,961
ISHARES TR S&P500/VALUE INDEX FUND Com 464287408 663 7,360 SH   SOLE   0 0 7,360
JOHNSON & JOHNSON Com 478160104 8,097 75,966 SH   SOLE   54,960 0 21,006
JPMORGAN CHASE & CO. Com 46625H100 14,118 234,362 SH   SOLE   172,130 0 62,232
COCA COLA CO Com 191216100 7,372 172,800 SH   SOLE   127,150 0 45,650
LILLY ELI & CO Com 532457108 28,052 432,575 SH   SOLE   314,475 0 118,100
LOCKHEED MARTIN CORP Com 539830109 21,774 119,126 SH   SOLE   86,700 0 32,426
MCDONALDS CORP Com 580135101 51,733 545,650 SH   SOLE   400,900 0 144,750
MEDTRONIC INC Com 585055106 39,181 632,459 SH   SOLE   465,775 0 166,684
ALTRIA GROUP INC Com 02209S103 4,544 98,910 SH   SOLE   86,420 0 12,490
MERCK & CO. INC. Com 58933Y105 32,709 551,769 SH   SOLE   401,644 0 150,125
MORGAN STANLEY Com 617446448 12,258 354,575 SH   SOLE   261,175 0 93,400
MICROSOFT CORP Com 594918104 71,357 1,539,198 SH   SOLE   1,128,550 0 410,648
NORFOLK SOUTHERN Com 655844108 42,040 376,700 SH   SOLE   273,600 0 103,100
OCCIDENTAL PETE CP Com 674599105 23,060 239,838 SH   SOLE   176,500 0 63,338
PEPSICO INC Com 713448108 7,892 84,775 SH   SOLE   62,275 0 22,500
PFIZER INC Com 717081103 63,083 2,133,361 SH   SOLE   1,542,862 0 590,499
PROCTER & GAMBLE CO Com 742718109 7,319 87,406 SH   SOLE   64,525 0 22,881
RAYTHEON CO Com 755111507 29,047 285,835 SH   SOLE   207,725 0 78,110
SOUTHERN CO. Com 842587107 7,172 164,314 SH   SOLE   118,625 0 45,689
SIMON PPTY GROUP Com 828806109 7,699 46,825 SH   SOLE   34,350 0 12,475
STANDARD & POOR'S DEPOSITARY RECEIPTS Com 78462F103 638 3,240 SH   SOLE   1,535 0 1,705
AT&T INC Com 00206R102 41,477 1,176,989 SH   SOLE   855,845 0 321,144
TARGET CORP Com 87612E106 60,226 960,850 SH   SOLE   704,500 0 256,350
TIME INC Com 887228104 758 32,369 SH   SOLE   24,498 0 7,871
TIME WARNER INC Com 887317303 20,735 275,700 SH   SOLE   197,400 0 78,300
TEXAS INSTRS INC Com 882508104 7,738 162,250 SH   SOLE   119,500 0 42,750
UNITEDHEALTH GROUP INC Com 91324P102 76,001 881,170 SH   SOLE   644,850 0 236,320
UNION PAC CORP Com 907818108 6,166 56,870 SH   SOLE   41,870 0 15,000
US BANCORP Com 902973304 15,633 373,722 SH   SOLE   271,175 0 102,547
VERIZON COMMUNICATIONS Com 92343V104 29,059 581,288 SH   SOLE   428,169 0 153,119
WALGREEN CO Com 931422109 12,777 215,578 SH   SOLE   156,680 0 58,898
WELLS FARGO & CO Com 949746101 41,531 800,675 SH   SOLE   589,325 0 211,350
WALMART STORES INC Com 931142103 52,483 686,325 SH   SOLE   504,300 0 182,025
WASHINGTON PRIME GROUP Com 939647103 385 22,011 SH   SOLE   16,974 0 5,037
EXXON MOBIL CORP. Com 30231G102 26,595 282,778 SH   SOLE   208,150 0 74,628