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
3M Company COMMON STOCK 88579y101 389 2,368 SH   SOLE   2,345 0 23
A T & T Inc new COMMON STOCK 00206r102 228 6,794 SH   SOLE   6,735 0 59
Abbott Labs COMMON STOCK 002824100 670 14,881 SH   SOLE   14,810 0 71
AbbVie Inc. COMMON STOCK 00287Y109 1,031 15,755 SH   SOLE   15,755 0 0
ADT Corp COMMON STOCK 00101J106 1,330 36,708 SH   SOLE   36,708 0 0
Altria Group Inc COMMON STOCK 02209S103 1,078 21,877 SH   SOLE   21,877 0 0
American Water Works COMMON STOCK 030420103 463 8,688 SH   SOLE   8,688 0 0
Apple Inc. COMMON STOCK 037833100 4,074 36,906 SH   SOLE   36,863 0 43
Aqua America Inc COMMON STOCK 03836W103 238 8,925 SH   SOLE   8,925 0 0
Archer Daniels Midland COMMON STOCK 039483102 748 14,391 SH   SOLE   14,391 0 0
Bank Of Montreal COMMON STOCK 063671101 795 11,234 SH   SOLE   11,184 0 50
Barrick Gold Corp COMMON STOCK 067901108 302 28,094 SH   SOLE   28,094 0 0
Baxter International Inc COMMON STOCK 071813109 1,273 17,363 SH   SOLE   17,363 0 0
Berkshire Hathaway Cl B COMMON STOCK 084670702 300 1,996 SH   SOLE   1,996 0 0
Bristol Myers Squibb Company COMMON STOCK 110122108 921 15,602 SH   SOLE   15,602 0 0
Canadian Natl Railway Co COMMON STOCK 136375102 245 3,550 SH   SOLE   3,550 0 0
Capital One Finl Corp COMMON STOCK 14040H105 2,244 27,186 SH   SOLE   27,161 0 25
Chevron Corp COMMON STOCK 166764100 1,699 15,143 SH   SOLE   15,119 0 24
Cimarex Energy Co COMMON STOCK 171798101 1,553 14,652 SH   SOLE   14,652 0 0
Cntrl Fund of Canada Ltd COMMON STOCK 153501101 944 81,510 SH   SOLE   80,898 0 612
Coca Cola Co COMMON STOCK 191216100 561 13,297 SH   SOLE   13,234 0 63
Cognizant Tech Solutions Cl A COMMON STOCK 192446102 816 15,495 SH   SOLE   15,495 0 0
ConocoPhillips COMMON STOCK 20825c104 1,314 19,027 SH   SOLE   18,984 0 43
Covidien Ltd COMMON STOCK G2554F113 872 8,522 SH   SOLE   8,522 0 0
CVS Health Corp COMMON STOCK 126650100 2,433 25,258 SH   SOLE   25,258 0 0
Deere & Co COMMON STOCK 244199105 454 5,134 SH   SOLE   5,134 0 0
Diageo PLC New Spons ADR COMMON STOCK 25243q205 2,041 17,887 SH   SOLE   17,823 0 64
EMC Corp COMMON STOCK 268648102 965 32,456 SH   SOLE   32,456 0 0
Equifax Inc COMMON STOCK 294429105 1,260 15,580 SH   SOLE   15,580 0 0
Equity Residential COMMON STOCK 29476L107 1,373 19,112 SH   SOLE   19,112 0 0
Express Scripts Inc COMMON STOCK 30219G108 394 4,654 SH   SOLE   4,654 0 0
Exxon Mobil Corp COMMON STOCK 30231G102 2,530 27,370 SH   SOLE   27,370 0 0
FedEx Corporation COMMON STOCK 31428x106 914 5,263 SH   SOLE   5,263 0 0
Ford Motor Co COMMON STOCK 345370860 857 55,292 SH   SOLE   55,292 0 0
General Electric Co COMMON STOCK 369604103 2,789 110,377 SH   SOLE   110,377 0 0
Google Inc CL A COMMON STOCK 38259P508 643 1,211 SH   SOLE   1,211 0 0
Google Inc CL C COMMON STOCK 38259P706 477 907 SH   SOLE   907 0 0
Home Depot Inc COMMON STOCK 437076102 1,588 15,124 SH   SOLE   15,093 0 31
HSBC Holdings PLC Spon ADR New COMMON STOCK 404280406 1,296 27,443 SH   SOLE   27,443 0 0
Humana Inc COMMON STOCK 444859102 2,042 14,215 SH   SOLE   14,215 0 0
Huntsman Corp Com COMMON STOCK 447011107 453 19,870 SH   SOLE   19,870 0 0
Intel Corp COMMON STOCK 458140100 976 26,891 SH   SOLE   26,891 0 0
Invesco Limited COMMON STOCK G491BT108 300 7,595 SH   SOLE   7,595 0 0
iShares Barclays 1-3 Yr Treas COMMON STOCK 464287457 14,512 171,836 SH   SOLE   168,011 0 3,825
iShares Barclays 7-10 Yr Treas COMMON STOCK 464287440 505 4,765 SH   SOLE   4,765 0 0
iShares Barclays Tips Bond Ind COMMON STOCK 464287176 2,262 20,194 SH   SOLE   20,139 0 55
iShares Core U.S. Value ETF COMMON STOCK 464287663 2,033 14,895 SH   SOLE   14,895 0 0
iShares MSCI ACWI Index COMMON STOCK 464288257 2,024 34,599 SH   SOLE   34,584 0 15
iShares MSCI Emerging Mkts Ind COMMON STOCK 464287234 369 9,385 SH   SOLE   9,135 0 250
iShares Russell Midcap Value I COMMON STOCK 464287473 448 6,080 SH   SOLE   6,080 0 0
iShares S&P National AMT-Free COMMON STOCK 464288414 441 4,000 SH   SOLE   4,000 0 0
iShares Select Dividend ETF COMMON STOCK 464287168 3,786 47,681 SH   SOLE   47,666 0 15
J P Morgan Chase & Co COMMON STOCK 46625H100 2,023 32,322 SH   SOLE   32,260 0 62
Lazard LTD COMMON STOCK G54050102 1,188 23,742 SH   SOLE   23,742 0 0
Lockheed Martin Corp COMMON STOCK 539830109 804 4,177 SH   SOLE   4,177 0 0
Lowes Cos Inc COMMON STOCK 548661107 329 4,785 SH   SOLE   4,785 0 0
Mallinckrodt PLC COMMON STOCK G5785G107 277 2,801 SH   SOLE   2,801 0 0
MasterCard Inc COMMON STOCK 57636Q104 1,828 21,211 SH   SOLE   21,211 0 0
McDonalds Corp COMMON STOCK 580135101 2,140 22,843 SH   SOLE   22,776 0 67
Merck & Co COMMON STOCK 58933Y105 971 17,106 SH   SOLE   17,024 0 82
Microchip Technology Inc COMMON STOCK 595017104 793 17,582 SH   SOLE   17,582 0 0
Microsoft Corp COMMON STOCK 594918104 2,823 60,766 SH   SOLE   60,677 0 89
National Fuel Gas COMMON STOCK 636180101 1,595 22,946 SH   SOLE   22,946 0 0
NextEra Energy Inc COMMON STOCK 65339f101 3,018 28,391 SH   SOLE   28,391 0 0
Novartis AG ADS COMMON STOCK 66987v109 2,218 23,939 SH   SOLE   23,939 0 0
PepsiCo Inc COMMON STOCK 713448108 1,498 15,839 SH   SOLE   15,812 0 27
Pfizer COMMON STOCK 717081103 1,339 42,980 SH   SOLE   42,890 0 90
Philip Morris International COMMON STOCK 718172109 203 2,490 SH   SOLE   2,340 0 150
Phillips 66 COMMON STOCK 718546104 709 9,889 SH   SOLE   9,889 0 0
PowerShares DB US Dollar Index COMMON STOCK 73936D107 2,243 93,570 SH   SOLE   92,840 0 730
Praxair Inc COMMON STOCK 74005P104 605 4,672 SH   SOLE   4,672 0 0
Procter & Gamble Co COMMON STOCK 742718109 1,032 11,334 SH   SOLE   11,300 0 34
ProShares Short ETF 20+ Yr Tre COMMON STOCK 74347X849 5,158 205,108 SH   SOLE   201,773 0 3,335
Qualcomm Inc COMMON STOCK 747525103 1,457 19,605 SH   SOLE   19,580 0 25
Rayonier Inc COMMON STOCK 754907103 707 25,300 SH   SOLE   25,300 0 0
Redwood Trust Inc COMMON STOCK 758075402 1,140 57,850 SH   SOLE   57,850 0 0
Rockwell Collins COMMON STOCK 774341101 606 7,174 SH   SOLE   7,174 0 0
Ross Stores COMMON STOCK 778296103 550 5,835 SH   SOLE   5,835 0 0
S & P Depository Receipts SPDR COMMON STOCK 78462f103 13,127 63,866 SH   SOLE   63,481 0 385
Schlumberger Ltd COMMON STOCK 806857108 627 7,339 SH   SOLE   7,255 0 84
Short S&P 500 ProShares ETF COMMON STOCK 74347R503 3,805 174,720 SH   SOLE   174,720 0 0
SPDR Dow Jones Global Real Est COMMON STOCK 78463X749 436 9,145 SH   SOLE   9,145 0 0
Starwood Htls&Resort PC COMMON STOCK 85590a401 1,077 13,284 SH   SOLE   13,284 0 0
Target Corporation COMMON STOCK 87612E106 438 5,775 SH   SOLE   5,775 0 0
The Walt Disney Company COMMON STOCK 254687106 2,581 27,402 SH   SOLE   27,402 0 0
Time Warner Cable Inc COMMON STOCK 88732J207 1,006 6,617 SH   SOLE   6,617 0 0
Towers Watson COMMON STOCK 891894107 585 5,170 SH   SOLE   5,170 0 0
Tractor Supply Company COMMON STOCK 892356106 342 4,335 SH   SOLE   4,335 0 0
Vang. Sht Term Bd. Fund COMMON STOCK 921937827 5,444 68,090 SH   SOLE   66,830 0 1,260
Vanguard High Div Yield ETF COMMON STOCK 921946406 2,796 40,673 SH   SOLE   40,473 0 200
Vectren Corp Indiana COMMON STOCK 92240G101 260 5,625 SH   SOLE   5,625 0 0
Verizon Communications COMMON STOCK 92343v104 1,239 26,488 SH   SOLE   26,488 0 0
Vodafone Group PLC COMMON STOCK 92857W308 1,484 43,440 SH   SOLE   43,390 0 50
Voya Prime Rate Trust Sh Ben I COMMON STOCK 92913a100 171 32,265 SH   SOLE   32,150 0 115
W.W. Grainger Corp COMMON STOCK 384802104 338 1,328 SH   SOLE   1,328 0 0
Wal-Mart Stores COMMON STOCK 931142103 1,320 15,373 SH   SOLE   15,373 0 0
Wells Fargo & Co COMMON STOCK 949746101 2,495 45,518 SH   SOLE   45,459 0 59
Western Gas Partners LP COMMON STOCK 958254104 1,145 15,679 SH   SOLE   15,679 0 0
WT Europe Hedged Equity ETF COMMON STOCK 97717X701 4,164 74,865 SH   SOLE   74,310 0 555