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
Estimated average burden
hours per response: 23.8
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 7,451 127,285 SH   SOLE   94,525 0 32,760
ALLSTATE CORPORATION Com 020002101 24,532 344,698 SH   SOLE   254,725 0 89,973
ALTRIA GROUP INC Com 02209S103 4,812 96,210 SH   SOLE   85,220 0 10,990
AMERICAN INTERNATIONAL GROUP Com 026874784 5,446 99,400 SH   SOLE   73,600 0 25,800
APPLE INC Com 037833100 14,551 116,940 SH   SOLE   86,650 0 30,290
AT&T INC Com 00206R102 73,329 2,245,909 SH   SOLE   1,643,295 0 602,614
BANK NEW YORK MELLON Com 064058100 24,153 600,220 SH   SOLE   444,750 0 155,470
BAXTER INTERNATIONAL Com 071813109 7,746 113,076 SH   SOLE   84,100 0 28,976
BERKSHIRE HATHAWAY INC CL A Com 084670108 435 2 SH   SOLE   2 0 0
BOEING Com 097023105 9,342 62,250 SH   SOLE   45,450 0 16,800
CATERPILLAR INC Com 149123101 37,586 469,650 SH   SOLE   355,700 0 113,950
CHEVRON CORP Com 166764100 56,710 540,197 SH   SOLE   399,835 0 140,362
COCA COLA CO Com 191216100 48,300 1,191,120 SH   SOLE   881,750 0 309,370
COMCAST CORP CL A Com 20030N101 5,305 93,950 SH   SOLE   68,800 0 25,150
CONOCOPHILLIPS Com 20825C104 24,174 388,267 SH   SOLE   287,700 0 100,567
DEVON ENERGY CORP Com 25179M103 17,283 286,570 SH   SOLE   209,250 0 77,320
DOW CHEMICAL Com 260543103 8,568 178,574 SH   SOLE   130,845 0 47,729
EMERSON ELEC CO Com 291011104 7,361 130,010 SH   SOLE   95,700 0 34,310
EXELON CORP Com 30161N101 45,497 1,353,689 SH   SOLE   969,425 0 384,264
EXXON MOBIL CORP. Com 30231G102 72,020 847,298 SH   SOLE   624,400 0 222,898
FORD MTR CO Com 345370860 8,812 545,975 SH   SOLE   400,475 0 145,500
FREEPORT-MCMORAN INC Com 35671D857 6,562 346,255 SH   SOLE   253,025 0 93,230
GENERAL ELECTRIC Com 369604103 59,403 2,394,330 SH   SOLE   1,751,500 0 642,830
GENERAL MTRS CO Com 37045V100 8,775 233,999 SH   SOLE   176,799 0 57,200
GOLDMAN SACHS GROUP Com 38141G104 5,366 28,545 SH   SOLE   21,310 0 7,235
HALLIBURTON CO Com 406216101 37,413 852,620 SH   SOLE   631,150 0 221,470
HEWLETT PACKARD CO Com 428236103 40,920 1,313,207 SH   SOLE   975,765 0 337,442
INTEL CORP Com 458140100 27,116 867,166 SH   SOLE   642,175 0 224,991
INTERNATIONAL BUSINESS MACHINES Com 459200101 18,856 117,480 SH   SOLE   86,650 0 30,830
ISHARES TR S&P500/VALUE INDEX FUND Com 464287408 681 7,360 SH   SOLE   0 0 7,360
JOHNSON & JOHNSON Com 478160104 57,242 569,010 SH   SOLE   416,210 0 152,800
LILLY ELI & CO Com 532457108 8,564 117,885 SH   SOLE   86,375 0 31,510
LOCKHEED MARTIN CORP Com 539830109 8,430 41,536 SH   SOLE   30,400 0 11,136
MCDONALDS CORP Com 580135101 34,881 357,970 SH   SOLE   264,900 0 93,070
MERCK & CO. INC. Com 58933Y105 32,812 570,834 SH   SOLE   417,639 0 153,195
MICROSOFT CORP Com 594918104 28,530 701,763 SH   SOLE   519,725 0 182,038
MONDELEZ INTL INC CL A Com 609207105 17,553 486,380 SH   SOLE   355,450 0 130,930
MORGAN STANLEY Com 617446448 22,315 625,245 SH   SOLE   462,125 0 163,120
NATIONAL OILWELL VARCO Com 637071101 6,388 127,780 SH   SOLE   94,500 0 33,280
NORFOLK SOUTHERN Com 655844108 38,612 375,170 SH   SOLE   274,350 0 100,820
OCCIDENTAL PETE CP Com 674599105 24,276 332,543 SH   SOLE   246,385 0 86,158
ORACLE CORP Com 68389X105 23,172 537,000 SH   SOLE   397,500 0 139,500
PEPSICO INC Com 713448108 8,479 88,675 SH   SOLE   65,775 0 22,900
PFIZER INC Com 717081103 63,383 1,821,881 SH   SOLE   1,332,762 0 489,119
PROCTER & GAMBLE CO Com 742718109 7,511 91,666 SH   SOLE   68,275 0 23,391
RAYTHEON CO Com 755111507 56,469 516,875 SH   SOLE   378,075 0 138,800
SCHLUMBERGER LTD Com 806857108 17,335 207,750 SH   SOLE   152,150 0 55,600
SIMON PPTY GROUP Com 828806109 9,186 46,955 SH   SOLE   34,750 0 12,205
SOUTHERN CO. Com 842587107 7,303 164,934 SH   SOLE   120,125 0 44,809
STANDARD & POOR'S DEPOSITARY RECEIPTS Com 78462F103 678 3,282 SH   SOLE   1,577 0 1,705
TARGET CORP Com 87612E106 48,949 596,430 SH   SOLE   441,550 0 154,880
TIME WARNER INC Com 887317303 22,337 264,530 SH   SOLE   190,700 0 73,830
UNITED TECHNOLOGIES Com 913017109 18,443 157,360 SH   SOLE   115,050 0 42,310
UNITEDHEALTH GROUP INC Com 91324P102 67,781 573,005 SH   SOLE   423,175 0 149,830
US BANCORP Com 902973304 22,288 510,372 SH   SOLE   371,775 0 138,597
VERIZON COMMUNICATIONS Com 92343V104 62,815 1,291,689 SH   SOLE   954,790 0 336,899
WALMART STORES INC Com 931142103 65,558 797,060 SH   SOLE   588,075 0 208,985
WELLS FARGO & CO Com 949746101 42,135 774,535 SH   SOLE   572,625 0 201,910