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
HESS PFD PFD 42809H404 669 10,000 SH   SOLE   10,000 0 0
SANOFI COM 999544HF9 786 10,000 SH   SOLE   10,000 0 0
ABBOTT LABS COM COM 002824100 690 16,500 SH   SOLE   7,000 0 9,500
ABBVIE INC COM 00287Y109 1,577 27,600 SH   SOLE   17,758 0 9,842
AGNICO EAGLE MINES LTD COM COM 008474108 579 16,000 SH   SOLE   16,000 0 0
ALLERGAN PLC COM G0177J108 3,042 11,350 SH   SOLE   9,725 0 1,625
ALPHABET INC CL A COM 02079K305 26,288 34,458 SH   SOLE   29,420 0 5,038
ALPHABET INC CL C COM 02079K107 3,907 5,244 SH   SOLE   4,718 0 526
AMERICAN EXPRESS CO COM 025816109 1,689 27,500 SH   SOLE   27,000 0 500
AMERICAN INT'L GROUP INC COM 026874784 17,177 317,800 SH   SOLE   275,496 0 42,304
ANADARKO PETE CORP COM 032511107 6,230 133,778 SH   SOLE   115,628 0 18,150
ANNALY CAPITAL MGT COM 035710409 385 37,500 SH   SOLE   37,500 0 0
APPLE INC COM 037833100 21,673 198,850 SH   SOLE   169,402 0 29,448
ARCHER DANIELS MIDLAND CO COM 039483102 821 22,600 SH   SOLE   18,100 0 4,500
AT&T INC COM COM 00206R102 16,745 427,500 SH   SOLE   362,199 0 65,301
BANK OF AMERICA CORPORATION COM 060505104 1,021 75,500 SH   SOLE   75,500 0 0
BERKSHIRE HATHAWAY INC DEL CL COM 084670702 851 6,000 SH   SOLE   6,000 0 0
BIOGEN IDEC INC COM 09062X103 651 2,500 SH   SOLE   2,500 0 0
BOEING CO COM COM 097023105 20,244 159,475 SH   SOLE   137,397 0 22,078
BUNGE LIMITED COM G16962105 3,046 53,750 SH   SOLE   43,121 0 10,629
CAPITAL ONE FINANCIAL COM 14040H105 17,302 249,625 SH   SOLE   215,328 0 34,297
CHEVRON CORP NEW COM COM 166764100 1,049 11,000 SH   SOLE   9,850 0 1,150
CISCO SYS INC COM COM 17275R102 14,797 519,750 SH   SOLE   445,521 0 74,229
CITIGROUP INC COM NEW COM 172967424 13,091 313,550 SH   SOLE   269,231 0 44,319
COCA COLA CO COM COM 191216100 4,607 99,300 SH   SOLE   97,836 0 1,464
COMCAST CORP NEW CL A COM 20030N101 22,600 370,000 SH   SOLE   318,261 0 51,739
CROWN CASTLE INTL CORP COM 22822V101 4,822 55,750 SH   SOLE   50,000 0 5,750
CVS HEALTH CORP COM 126650100 16,213 156,300 SH   SOLE   132,458 0 23,842
DELTA AIR LINES INC DEL COM 247361702 13,336 273,950 SH   SOLE   236,746 0 37,204
DEVON ENERGY CORP COM 25179M103 8,034 292,800 SH   SOLE   255,629 0 37,171
DISNEY WALT CO COM COM 254687106 6,356 64,000 SH   SOLE   54,700 0 9,300
EATON CORP COM COM G29183103 282 4,500 SH   SOLE   4,500 0 0
EMC CORP MASS COM 268648102 16,189 607,450 SH   SOLE   517,143 0 90,307
EXPRESS SCRIPTS HOLDING CO COM 30219G108 16,190 235,700 SH   SOLE   201,328 0 34,372
EXXON MOBIL CORP COM 30231G102 295 3,525 SH   SOLE   3,525 0 0
GENERAL ELECTRIC CO COM 369604103 19,757 621,475 SH   SOLE   525,774 0 95,701
GENERAL MTRS CO COM 37045V100 16,681 530,750 SH   SOLE   455,842 0 74,908
GILEAD SCIENCES INC COM 375558103 8,221 89,500 SH   SOLE   77,850 0 11,650
GOLDCORP INC NEW COM 380956409 8,166 503,150 SH   SOLE   432,542 0 70,608
HESS CORP COM COM 42809H107 13,761 261,375 SH   SOLE   221,787 0 39,588
INTEL CORP COM COM 458140100 252 7,800 SH   SOLE   7,800 0 0
INTERNATIONAL BUSINESS MACHS C COM 459200101 788 5,200 SH   SOLE   4,425 0 775
INTL PAPER CO COM COM 460146103 17,227 419,750 SH   SOLE   360,437 0 59,313
IRON MOUNTAIN INC COM 46284V101 16,395 483,500 SH   SOLE   406,495 0 77,005
JPMORGAN CHASE & CO COM COM 46625H100 5,046 85,200 SH   SOLE   71,050 0 14,150
KROGER CO COM COM 501044101 12,272 320,828 SH   SOLE   269,364 0 51,464
LEIDOS HOLDINGS INC COM 525327102 2,388 47,450 SH   SOLE   41,901 0 5,549
MARATHON OIL CORP COM COM 565849106 1,281 115,000 SH   SOLE   115,000 0 0
MARSH & MCLENNAN COS INC COM COM 571748102 395 6,500 SH   SOLE   3,272 0 3,228
MEDTRONIC INC COM G5960L103 17,175 229,000 SH   SOLE   198,457 0 30,543
MERCK & CO INC NEW COM COM 58933Y105 2,093 39,550 SH   SOLE   34,550 0 5,000
METLIFE INC COM COM 59156R108 527 12,000 SH   SOLE   12,000 0 0
MICROSOFT CORP COM 594918104 20,065 363,300 SH   SOLE   309,197 0 54,103
MORGAN STANLEY COM 617446448 3,764 150,500 SH   SOLE   138,250 0 12,250
MOSAIC CO NEW COM COM 61945C103 5,742 212,650 SH   SOLE   181,150 0 31,500
MYLAN N.V COM N59465109 18,971 409,300 SH   SOLE   352,848 0 56,452
NEWMONT MINING CORP COM COM 651639106 638 24,000 SH   SOLE   22,500 0 1,500
OCCIDENTAL PETE CORP COM 674599105 1,406 20,550 SH   SOLE   19,550 0 1,000
PACKAGING CORPORATION OF AMERI COM 695156109 5,678 94,000 SH   SOLE   79,500 0 14,500
PEPSICO INC COM 713448108 307 3,000 SH   SOLE   3,000 0 0
PFIZER INC COM COM 717081103 18,973 640,100 SH   SOLE   553,022 0 87,078
PNC FINANCIAL SERVICES COM 693475105 1,546 18,280 SH   SOLE   13,280 0 5,000
PROCTER & GAMBLE CO COM COM 742718109 1,078 13,100 SH   SOLE   10,600 0 2,500
SCIENCE APPLICATIONS INT'L COM 808625107 2,032 38,100 SH   SOLE   27,371 0 10,729
SOUTHWEST AIRLS CO COM COM 844741108 582 13,000 SH   SOLE   13,000 0 0
SPDR GOLD TRUST GOLD SHS COM 78463V107 647 5,500 SH   SOLE   5,500 0 0
SYNCHRONY FINANCIAL COM 87165B103 2,035 71,000 SH   SOLE   71,000 0 0
TEVA PHARMACEUTICAL INDS LTD A COM 881624209 22,545 421,325 SH   SOLE   363,572 0 57,753
TOYOTA MOTOR CORP COM 892331307 213 2,000 SH   SOLE   2,000 0 0
TRAVELERS COMPANIES INC COM COM 89417E109 2,334 20,000 SH   SOLE   17,436 0 2,564
TWENTY-FIRST CENTURY FOX CLASS COM 90130A101 211 7,571 SH   SOLE   7,571 0 0
UNITED CONTL HOLDINGS INC COM 910047109 10,110 168,900 SH   SOLE   145,375 0 23,525
UNITEDHEALTH GROUP INC COM COM 91324P102 1,830 14,200 SH   SOLE   14,200 0 0
US BANCORP DEL COM NEW COM 902973304 15,944 392,800 SH   SOLE   336,942 0 55,858
VALERO ENERGY CORP NEW COM COM 91913Y100 1,828 28,500 SH   SOLE   17,308 0 11,192
WAL MART STORES INC COM 931142103 5,274 77,000 SH   SOLE   61,243 0 15,757
WELLS FARGO & CO COM 949746101 411 8,500 SH   SOLE   8,500 0 0
UNITED STATES OIL FUND LP ETUS 91232N108 388 40,000 SH   SOLE   40,000 0 0
ISHARES 20+ YR TREASURY BOND E MFUS 464287432 816 6,250 SH   SOLE   6,250 0 0
SPDR S&P 500 ETF TR TR UNIT MFUS 78462F103 1,028 5,000 SH Put SOLE   5,000 0 0
SPDR S&P 500 ETF TR TR UNIT MFUS 78462F103 3,083 15,000 SH Put SOLE   15,000 0 0