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
3M Company COMMON STOCK 88579y101 366 2,218 SH   SOLE   2,195 0 23
A T & T Inc new COMMON STOCK 00206r102 257 7,886 SH   SOLE   7,827 0 59
Abbott Labs COMMON STOCK 002824100 730 15,757 SH   SOLE   15,686 0 71
AbbVie Inc. COMMON STOCK 00287Y109 966 16,501 SH   SOLE   16,476 0 25
ADT Corp COMMON STOCK 00101J106 1,554 37,433 SH   SOLE   37,358 0 75
Altria Group Inc COMMON STOCK 02209S103 1,142 22,835 SH   SOLE   22,785 0 50
American Water Works COMMON STOCK 030420103 467 8,618 SH   SOLE   8,618 0 0
Apple Inc. COMMON STOCK 037833100 4,581 36,818 SH   SOLE   36,705 0 113
Aqua America Inc COMMON STOCK 03836W103 235 8,925 SH   SOLE   8,925 0 0
Archer Daniels Midland COMMON STOCK 039483102 672 14,176 SH   SOLE   14,126 0 50
Bank Of Montreal COMMON STOCK 063671101 679 11,314 SH   SOLE   11,264 0 50
Barrick Gold Corp COMMON STOCK 067901108 308 28,134 SH   SOLE   27,984 0 150
Baxter International Inc COMMON STOCK 071813109 1,185 17,306 SH   SOLE   17,256 0 50
Berkshire Hathaway Cl B COMMON STOCK 084670702 288 1,993 SH   SOLE   1,993 0 0
Bristol Myers Squibb Company COMMON STOCK 110122108 1,073 16,640 SH   SOLE   16,590 0 50
Canadian Natl Railway Co COMMON STOCK 136375102 221 3,300 SH   SOLE   3,300 0 0
Capital One Finl Corp COMMON STOCK 14040H105 2,156 27,356 SH   SOLE   27,306 0 50
Chevron Corp COMMON STOCK 166764100 1,647 15,693 SH   SOLE   15,669 0 24
Cimarex Energy Co COMMON STOCK 171798101 1,689 14,678 SH   SOLE   14,648 0 30
Cntrl Fund of Canada Ltd COMMON STOCK 153501101 957 80,247 SH   SOLE   79,797 0 450
Coca Cola Co COMMON STOCK 191216100 549 13,527 SH   SOLE   13,464 0 63
Cognizant Tech Solutions Cl A COMMON STOCK 192446102 964 15,455 SH   SOLE   15,430 0 25
ConocoPhillips COMMON STOCK 20825c104 1,512 24,283 SH   SOLE   24,205 0 78
CVS Health Corp COMMON STOCK 126650100 2,651 25,688 SH   SOLE   25,588 0 100
Deere & Co COMMON STOCK 244199105 459 5,230 SH   SOLE   5,205 0 25
Diageo PLC New Spons ADR COMMON STOCK 25243q205 1,975 17,862 SH   SOLE   17,807 0 55
EMC Corp COMMON STOCK 268648102 1,607 62,861 SH   SOLE   62,761 0 100
Equifax Inc COMMON STOCK 294429105 1,453 15,625 SH   SOLE   15,575 0 50
Equity Residential COMMON STOCK 29476L107 1,493 19,172 SH   SOLE   19,097 0 75
Express Scripts Inc COMMON STOCK 30219G108 401 4,619 SH   SOLE   4,604 0 15
Exxon Mobil Corp COMMON STOCK 30231G102 2,331 27,424 SH   SOLE   27,299 0 125
FedEx Corporation COMMON STOCK 31428x106 882 5,333 SH   SOLE   5,333 0 0
Ford Motor Co COMMON STOCK 345370860 903 55,917 SH   SOLE   55,742 0 175
General Electric Co COMMON STOCK 369604103 2,744 110,585 SH   SOLE   110,360 0 225
Google Inc CL A COMMON STOCK 38259P508 682 1,230 SH   SOLE   1,226 0 4
Google Inc CL C COMMON STOCK 38259P706 494 901 SH   SOLE   897 0 4
Home Depot Inc COMMON STOCK 437076102 1,698 14,943 SH   SOLE   14,887 0 56
HSBC Holdings PLC Spon ADR New COMMON STOCK 404280406 1,208 28,366 SH   SOLE   28,288 0 78
Humana Inc COMMON STOCK 444859102 2,475 13,905 SH   SOLE   13,880 0 25
Huntsman Corp Com COMMON STOCK 447011107 462 20,840 SH   SOLE   20,790 0 50
Intel Corp COMMON STOCK 458140100 845 27,031 SH   SOLE   26,981 0 50
Invesco Limited COMMON STOCK G491BT108 618 15,570 SH   SOLE   15,570 0 0
iShares Barclays 1-3 Yr Treas COMMON STOCK 464287457 13,950 164,348 SH   SOLE   161,698 0 2,650
iShares Barclays 7-10 Yr Treas COMMON STOCK 464287440 533 4,920 SH   SOLE   4,520 0 400
iShares Barclays Tips Bond Ind COMMON STOCK 464287176 2,340 20,604 SH   SOLE   20,539 0 65
iShares Core U.S. Value ETF COMMON STOCK 464287663 2,020 14,970 SH   SOLE   14,970 0 0
iShares GS Natl Resource Index COMMON STOCK 464287374 2,075 55,280 SH   SOLE   55,265 0 15
iShares MSCI ACWI Index COMMON STOCK 464288257 2,087 34,779 SH   SOLE   34,749 0 30
iShares MSCI Emerging Mkts Ind COMMON STOCK 464287234 374 9,330 SH   SOLE   9,330 0 0
iShares Russell Midcap Value I COMMON STOCK 464287473 458 6,080 SH   SOLE   6,080 0 0
iShares S&P National AMT-Free COMMON STOCK 464288414 404 3,650 SH   SOLE   3,200 0 450
iShares Select Dividend ETF COMMON STOCK 464287168 3,632 46,596 SH   SOLE   46,546 0 50
J P Morgan Chase & Co COMMON STOCK 46625H100 2,001 33,032 SH   SOLE   32,920 0 112
Lazard LTD COMMON STOCK G54050102 1,252 23,802 SH   SOLE   23,727 0 75
Leggett & Platt Inc Com COMMON STOCK 524660107 209 4,535 SH   SOLE   4,535 0 0
Lockheed Martin Corp COMMON STOCK 539830109 922 4,542 SH   SOLE   4,527 0 15
Lowes Cos Inc COMMON STOCK 548661107 361 4,855 SH   SOLE   4,855 0 0
Mallinckrodt PLC COMMON STOCK G5785G107 346 2,735 SH   SOLE   2,731 0 4
MasterCard Inc COMMON STOCK 57636Q104 1,814 20,996 SH   SOLE   20,946 0 50
McDonalds Corp COMMON STOCK 580135101 2,167 22,238 SH   SOLE   22,181 0 57
Medtronic plc COMMON STOCK G5960L103 667 8,556 SH   SOLE   8,545 0 11
Merck & Co COMMON STOCK 58933Y105 1,026 17,857 SH   SOLE   17,800 0 57
Microchip Technology Inc COMMON STOCK 595017104 878 17,962 SH   SOLE   17,872 0 90
Microsoft Corp COMMON STOCK 594918104 2,736 67,297 SH   SOLE   67,097 0 200
National Fuel Gas COMMON STOCK 636180101 1,399 23,183 SH   SOLE   23,108 0 75
NextEra Energy Inc COMMON STOCK 65339f101 2,949 28,343 SH   SOLE   28,228 0 115
NextEra Energy Partners, LP COMMON STOCK 65341B106 395 9,010 SH   SOLE   9,010 0 0
Novartis AG ADS COMMON STOCK 66987v109 2,380 24,131 SH   SOLE   24,031 0 100
PepsiCo Inc COMMON STOCK 713448108 1,472 15,399 SH   SOLE   15,347 0 52
Pfizer COMMON STOCK 717081103 1,491 42,865 SH   SOLE   42,750 0 115
Phillips 66 COMMON STOCK 718546104 804 10,226 SH   SOLE   10,176 0 50
PowerShares DB US Dollar Index COMMON STOCK 73936D107 2,705 104,445 SH   SOLE   104,220 0 225
Praxair Inc COMMON STOCK 74005P104 570 4,722 SH   SOLE   4,722 0 0
Procter & Gamble Co COMMON STOCK 742718109 954 11,642 SH   SOLE   11,608 0 34
ProShares Short ETF 20+ Yr Tre COMMON STOCK 74347X849 4,862 202,673 SH   SOLE   201,298 0 1,375
Qualcomm Inc COMMON STOCK 747525103 1,364 19,670 SH   SOLE   19,645 0 25
Rayonier Inc COMMON STOCK 754907103 881 32,665 SH   SOLE   32,590 0 75
Redwood Trust Inc COMMON STOCK 758075402 1,042 58,298 SH   SOLE   58,148 0 150
Rockwell Collins COMMON STOCK 774341101 680 7,039 SH   SOLE   7,004 0 35
Ross Stores COMMON STOCK 778296103 610 5,785 SH   SOLE   5,765 0 20
S & P Depository Receipts SPDR COMMON STOCK 78462f103 13,300 64,427 SH   SOLE   64,097 0 330
Schlumberger Ltd COMMON STOCK 806857108 606 7,259 SH   SOLE   7,249 0 10
Short S&P 500 ProShares ETF COMMON STOCK 74347R503 3,515 163,795 SH   SOLE   163,270 0 525
SPDR Dow Jones Global Real Est COMMON STOCK 78463X749 462 9,305 SH   SOLE   9,305 0 0
Starwood Htls&Resort PC COMMON STOCK 85590a401 1,105 13,229 SH   SOLE   13,204 0 25
Target Corporation COMMON STOCK 87612E106 471 5,745 SH   SOLE   5,735 0 10
The Walt Disney Company COMMON STOCK 254687106 2,857 27,242 SH   SOLE   27,142 0 100
Time Warner Cable Inc COMMON STOCK 88732J207 981 6,547 SH   SOLE   6,532 0 15
Towers Watson COMMON STOCK 891894107 681 5,150 SH   SOLE   5,135 0 15
Vang. Sht Term Bd. Fund COMMON STOCK 921937827 6,314 78,421 SH   SOLE   77,211 0 1,210
Vanguard High Div Yield ETF COMMON STOCK 921946406 2,927 42,848 SH   SOLE   42,778 0 70
Vectren Corp Indiana COMMON STOCK 92240G101 248 5,625 SH   SOLE   5,625 0 0
Verizon Communications COMMON STOCK 92343v104 1,280 26,322 SH   SOLE   26,245 0 77
Vodafone Group PLC COMMON STOCK 92857W308 1,433 43,848 SH   SOLE   43,714 0 134
Voya Prime Rate Trust Sh Ben I COMMON STOCK 92913a100 167 30,065 SH   SOLE   30,065 0 0
W.W. Grainger Corp COMMON STOCK 384802104 314 1,331 SH   SOLE   1,326 0 5
Wal-Mart Stores COMMON STOCK 931142103 1,243 15,118 SH   SOLE   15,088 0 30
Wells Fargo & Co COMMON STOCK 949746101 2,490 45,768 SH   SOLE   45,609 0 159
Western Gas Partners LP COMMON STOCK 958254104 1,055 16,019 SH   SOLE   15,994 0 25
WT Europe Hedged Equity ETF COMMON STOCK 97717X701 5,564 84,122 SH   SOLE   83,847 0 275