13F-HR 1 sep08.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: September 30, 2008 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: Greylin Investment Management Inc Address: 5068 W Plano Parkway Suite 277 Plano, TX 75093 13F File Number: 28-06705 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: D. Gregory Parkinson Title: President Phone: 9729314808 Signature, Place, and Date of Signing: D. Gregory Parkinson Plano, TX November 15, 2008 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: I AM SIGNING THIS REPORT AS REQUIRED BY THE THE SECURITIES EXCHANGE ACT OF 1934. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form13F Information Table Entry Total: 64 Form13F Information Table Value Total: $278,436 thousands List of Other Included Managers: List of Other Managers Reporting for this Manager: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional managers with respect to which this report is filed, other than the manager filing this report. NONE 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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- Abbott Laboratories COM 002824100 288 5000 SH SOLE 5000 AeroVironment COM 252 7900 SH SOLE 7900 American Express COM 025816109 1266 35736 SH SOLE 35736 Amgen Inc COM 1418 23930 SH SOLE 23930 Anheuser-Busch COM 035229103 1419 21876 SH SOLE 21876 AT&T COM 001957109 480 17180 SH SOLE 17180 Bank of New York COM 064057102 267 8200 SH SOLE 8200 Bed Bath & Beyond COM 2170 69075 SH SOLE 69075 Berkshire Hathaway Cl A 1/100t COM 261 200 SH SOLE 200 Berkshire Hathaway Class B COM 084670207 82723 18822 SH SOLE 18822 Central Fund of Canada Cl A 153501101 11878 1096770 SH SOLE 1096770 Chevron COM 166764100 231 2800 SH SOLE 2800 cisco Systems COM 17275R102 358 15875 SH SOLE 15875 Coca Cola COM 191216100 15446 292093 SH SOLE 292093 Coldwater Creek COM 104 17950 SH SOLE 17950 ConocoPhillips COM 20825C104 846 11550 SH SOLE 11550 Diageo PLC ADR COM 3243 47100 SH SOLE 47100 Dominion Resources Black Warri COM 25746Q108 4381 202375 SH SOLE 202375 Dover Corporation COM 260 6400 SH SOLE 6400 Dow Chemical COM 260543103 1182 37200 SH SOLE 37200 Duke Energy COM 264399106 230 13200 SH SOLE 13200 E*Trade Group COM 63 22550 SH SOLE 22550 Express Scripts COM 302182100 221 3000 SH SOLE 3000 Exxon Mobil COM 30231G102 6910 88979 SH SOLE 88979 First Industrial Realty COM 614 21400 SH SOLE 21400 Forest Labs COM 345838106 959 33900 SH SOLE 33900 General Electric COM 369604103 4970 194883 SH SOLE 194883 Guaranty Financial COM 321 81350 SH SOLE 81350 Hershey Foods Corp COM 2464 62320 SH SOLE 62320 Hewlett-Packard COM 428236103 301 6500 SH SOLE 6500 Home Depot COM 437076102 8311 321006 SH SOLE 321006 Honeywell Intl COM 438516106 327 7874 SH SOLE 7874 Int'l Business Machines COM 459200101 1236 10571 SH SOLE 10571 Johnson & Johnson COM 478160104 16702 241081 SH SOLE 241081 Kimberly-Clark COM 494368103 201 3100 SH SOLE 3100 Kraft Foods Cl A COM 2571 78507 SH SOLE 78507 Lilly Eli & Company COM 532457108 2903 65930 SH SOLE 65930 Lowe's Companies COM 548661107 3246 137030 SH SOLE 137030 M&T Bank COM 1149 12875 SH SOLE 12875 Mattel Inc COM 1116 61850 SH SOLE 61850 McDermott Int'l COM 580037109 257 10050 SH SOLE 10050 McDonalds Corp COM 580135101 2325 37676 SH SOLE 37676 Merck & Co COM 589331107 20501 649595 SH SOLE 649595 Moody's Corporation COM 615369105 8507 250205 SH SOLE 250205 Pepsico COM 713448108 2050 28769 SH SOLE 28769 Pfizer Incorporated COM 717081103 2918 158235 SH SOLE 158235 Philip Morris Int'l COM 202 4191 SH SOLE 4191 Procter & Gamble COM 742718109 4717 67679 SH SOLE 67679 Royal Dutch Shell ADR COM 254 4300 SH SOLE 4300 Schering CvPfd 6%(CR 7.421-9.0 806605705 4864 28410 SH SOLE 28410 Schering Plough COM 806605101 5071 274527 SH SOLE 274527 Texas Citizens Bank COM 162 16200 SH SOLE 16200 Texas Instruments COM 882508104 210 9784 SH SOLE 9784 Trinity Inds COM 632 24575 SH SOLE 24575 U S Bancorp COM 902973304 14483 402095 SH SOLE 402095 USG Corp COM 903293405 10680 417190 SH SOLE 417190 Wachovia Corp COM 929903102 77 22124 SH SOLE 22124 Wachovia DEPs PFD 0 30100 SH SOLE 30100 Wells Fargo & Co COM 949746101 14101 375735 SH SOLE 375735 Wyeth COM 983024100 236 6400 SH SOLE 6400 YUM! Brands COM 895953107 470 14400 SH SOLE 14400 Zimmer Holdings COM 2431 37650 SH SOLE 37650