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
CITIGROUP PREF 6.3 PFD 172967317 1,753 65,500 SH   SOLE   65,300 0 200
HESS PFD PFD 42809H404 643 9,750 SH   SOLE   9,750 0 0
SANOFI COM 999544HF9 581 7,500 SH   SOLE   7,500 0 0
ABBOTT LABS COM COM 002824100 613 14,500 SH   SOLE   5,000 0 9,500
ABBVIE INC COM 00287Y109 1,214 19,250 SH   SOLE   13,758 0 5,492
AGNICO EAGLE MINES LTD COM COM 008474108 542 10,000 SH   SOLE   10,000 0 0
ALLERGAN PLC COM G0177J108 4,640 20,145 SH   SOLE   20,145 0 0
ALPHABET INC CL A COM 02079K305 22,312 27,749 SH   SOLE   25,356 0 2,393
ALPHABET INC CL C COM 02079K107 3,628 4,667 SH   SOLE   4,191 0 476
AMERICAN EXPRESS CO COM 025816109 480 7,500 SH   SOLE   7,500 0 0
AMERICAN INT'L GROUP INC COM 026874784 13,313 224,350 SH   SOLE   211,817 0 12,533
ANADARKO PETE CORP COM 032511107 6,678 105,403 SH   SOLE   97,178 0 8,225
ANHEUSER-BUSH COM 03524A108 263 2,000 SH   SOLE   2,000 0 0
ANNALY CAPITAL MGT COM 035710409 289 27,500 SH   SOLE   27,500 0 0
APPLE INC COM 037833100 16,802 148,625 SH   SOLE   135,027 0 13,598
ARCHER DANIELS MIDLAND CO COM 039483102 548 13,000 SH   SOLE   9,250 0 3,750
AT&T INC COM COM 00206R102 11,661 287,150 SH   SOLE   252,199 0 34,951
BANK OF AMERICA CORPORATION COM 060505104 1,596 102,000 SH   SOLE   102,000 0 0
BERKSHIRE HATHAWAY INC DEL CL COM 084670702 939 6,500 SH   SOLE   6,500 0 0
BOEING CO COM COM 097023105 13,475 102,285 SH   SOLE   94,299 0 7,986
BUNGE LIMITED COM G16962105 1,022 17,250 SH   SOLE   12,321 0 4,929
CAPITAL ONE FINANCIAL COM 14040H105 12,327 171,610 SH   SOLE   155,028 0 16,582
CF INDUSTRIES COM 125269100 1,439 59,100 SH   SOLE   59,100 0 0
CHEVRON CORP NEW COM COM 166764100 1,132 11,000 SH   SOLE   9,850 0 1,150
CIENA CORP COM 171779309 1,863 85,450 SH   SOLE   85,450 0 0
CISCO SYS INC COM COM 17275R102 12,904 406,800 SH   SOLE   368,540 0 38,260
CITIGROUP INC COM NEW COM 172967424 11,425 241,893 SH   SOLE   221,524 0 20,369
COCA COLA CO COM COM 191216100 7,766 183,500 SH   SOLE   161,675 0 21,825
COMCAST CORP NEW CL A COM 20030N101 19,045 287,075 SH   SOLE   260,011 0 27,064
CROWN CASTLE INTL CORP COM 22822V101 4,852 51,500 SH   SOLE   51,250 0 250
CVS HEALTH CORP COM 126650100 10,912 122,625 SH   SOLE   108,883 0 13,742
DELL TECHNOLOGIES, INC CL V COM 24703L103 1,752 36,655 SH   SOLE   30,884 0 5,771
DELTA AIR LINES INC DEL COM 247361702 9,252 235,050 SH   SOLE   214,346 0 20,704
DEVON ENERGY CORP COM 25179M103 7,166 162,450 SH   SOLE   150,879 0 11,571
DISNEY WALT CO COM COM 254687106 2,493 26,850 SH   SOLE   26,850 0 0
DOW CHEM CO COM COM 260543103 946 18,250 SH   SOLE   18,250 0 0
DR HORTON INC COM 23331A109 257 8,500 SH   SOLE   8,500 0 0
EXPRESS SCRIPTS HOLDING CO COM 30219G108 10,805 153,200 SH   SOLE   136,628 0 16,572
EXXON MOBIL CORP COM 30231G102 347 3,975 SH   SOLE   3,975 0 0
GENERAL ELECTRIC CO COM 369604103 13,519 456,414 SH   SOLE   405,213 0 51,201
GENERAL MTRS CO COM 37045V100 9,475 298,250 SH   SOLE   259,746 0 38,504
GILEAD SCIENCES INC COM 375558103 2,756 34,838 SH   SOLE   32,638 0 2,200
GOLDCORP INC NEW COM 380956409 6,622 400,850 SH   SOLE   354,401 0 46,449
HAIN CELESTIAL GROUP INC COM 405217100 231 6,500 SH   SOLE   6,500 0 0
HERSHEY FOODS CORP COM 427866108 239 2,500 SH   SOLE   2,500 0 0
HESS CORP COM COM 42809H107 13,618 253,975 SH   SOLE   239,992 0 13,983
INTERNATIONAL BUSINESS MACHS C COM 459200101 731 4,600 SH   SOLE   3,825 0 775
INTL PAPER CO COM COM 460146103 14,948 311,550 SH   SOLE   286,587 0 24,963
IRON MOUNTAIN INC COM 46284V101 7,467 198,950 SH   SOLE   163,536 0 35,414
JPMORGAN CHASE & CO COM COM 46625H100 3,553 53,350 SH   SOLE   50,500 0 2,850
KROGER CO COM COM 501044101 7,032 236,928 SH   SOLE   206,964 0 29,964
LEIDOS HOLDINGS INC COM 525327102 1,100 25,417 SH   SOLE   22,368 0 3,049
LENNAR CORP CL A COM 526057104 275 6,500 SH   SOLE   6,500 0 0
MACOM TECH SOLUTIONS HOLDINGS, COM 55405Y100 2,293 54,150 SH   SOLE   54,150 0 0
MARATHON OIL CORP COM COM 565849106 1,146 72,500 SH   SOLE   72,500 0 0
MARSH & MCLENNAN COS INC COM COM 571748102 420 6,250 SH   SOLE   3,233 0 3,017
MEDTRONIC INC COM G5960L103 14,213 164,500 SH   SOLE   150,457 0 14,043
MERCK & CO INC NEW COM COM 58933Y105 2,172 34,800 SH   SOLE   29,800 0 5,000
METLIFE INC COM COM 59156R108 244 5,500 SH   SOLE   5,500 0 0
MICROSOFT CORP COM 594918104 15,961 277,108 SH   SOLE   248,633 0 28,475
MORGAN STANLEY COM 617446448 3,328 103,800 SH   SOLE   100,300 0 3,500
MOSAIC CO NEW COM COM 61945C103 5,146 210,400 SH   SOLE   210,400 0 0
MYLAN N.V COM N59465109 12,320 323,200 SH   SOLE   304,073 0 19,127
NEWMONT MINING CORP COM COM 651639106 668 17,000 SH   SOLE   15,500 0 1,500
OCCIDENTAL PETE CORP COM 674599105 2,446 33,550 SH   SOLE   28,206 0 5,344
PACKAGING CORPORATION OF AMERI COM 695156109 2,795 34,400 SH   SOLE   34,400 0 0
PFIZER INC COM COM 717081103 14,230 420,150 SH   SOLE   379,772 0 40,378
PNC FINANCIAL SERVICES COM 693475105 712 7,900 SH   SOLE   7,900 0 0
RAYTHEON CO NEW COM 755111507 783 5,750 SH   SOLE   5,750 0 0
SCIENCE APPLICATIONS INT'L COM 808625107 1,925 27,750 SH   SOLE   19,233 0 8,517
SPDR GOLD TRUST GOLD SHS COM 78463V107 1,194 9,500 SH   SOLE   9,000 0 500
SYNCHRONY FINANCIAL COM 87165B103 1,582 56,500 SH   SOLE   56,000 0 500
TEVA PHARMACEUTICAL INDS LTD A COM 881624209 16,529 359,250 SH   SOLE   335,126 0 24,124
TOTAL S A SPONSORED ADR COM 89151E109 501 10,500 SH   SOLE   10,500 0 0
TRAVELERS COMPANIES INC COM COM 89417E109 1,776 15,500 SH   SOLE   13,386 0 2,114
UNITED CONTL HOLDINGS INC COM 910047109 16,323 311,100 SH   SOLE   291,248 0 19,852
UNITEDHEALTH GROUP INC COM COM 91324P102 1,505 10,750 SH   SOLE   10,750 0 0
US BANCORP DEL COM NEW COM 902973304 11,943 278,450 SH   SOLE   248,342 0 30,108
VALERO ENERGY CORP NEW COM COM 91913Y100 1,219 23,000 SH   SOLE   11,808 0 11,192
VODAFONE GROUP PLC ADR COM 92857W308 2,689 92,250 SH   SOLE   82,750 0 9,500
WAL MART STORES INC COM 931142103 1,475 20,450 SH   SOLE   15,105 0 5,345
WELLS FARGO & CO COM 949746101 376 8,500 SH   SOLE   8,500 0 0
UNITED STATES OIL FUND LP ETUS 91232N108 437 40,000 SH   SOLE   40,000 0 0
ISHARES 20+ YR TREASURY BOND E MFUS 464287432 825 6,000 SH   SOLE   6,000 0 0
SPDR S&P 500 ETF TR TR UNIT MFUS 78462F103 1,082 5,000 SH Put SOLE   5,000 0 0
SPDR S&P 500 ETF TR TR UNIT MFUS 78462F103 1,082 5,000 SH Put SOLE   5,000 0 0