3M Corp COM 88579y101 365 2600 SH SOLE 2600 0 0 AT&T Inc. COM 00206r102 585 16630 SH SOLE 16630 0 0 AbbVie COM 00287y109 484 9166 SH SOLE 9166 0 0 Abbott Laboratories COM 002824100 351 9166 SH SOLE 9166 0 0 Alcoa COM 013817101 7563 711500 SH SOLE 711500 0 0 Allstate Corp. COM 020002101 1592 29198 SH SOLE 29198 0 0 American Express COM 025816109 2658 29295 SH SOLE 29295 0 0 Amgen Inc. COM 031162100 3656 32050 SH SOLE 32050 0 0 Apache Corp COM 037411105 5161 60050 SH SOLE 60050 0 0 Apple Inc. COM 037833100 471 840 SH SOLE 840 0 0 Automatic Data Proc. COM 053015103 509 6300 SH SOLE 6300 0 0 Bank of NY Mellon COM 064058100 12304 352155 SH SOLE 352155 0 0 BankAmerica COM 060505104 198 12747 SH SOLE 12747 0 0 Berkshire Hathaway B COM 084670702 628 5297 SH SOLE 5297 0 0 Boeing Co. COM 097023105 235 1724 SH SOLE 1724 0 0 Boston Properties COM 101121101 201 2000 SH SOLE 2000 0 0 Bristol-Myers Squibb COM 110122108 5420 101980 SH SOLE 101980 0 0 Calpine Corp COM 131347304 9228 473000 SH SOLE 473000 0 0 Caterpillar COM 149123101 1011 11134 SH SOLE 11134 0 0 Charles Schwab COM 808513105 10580 406925 SH SOLE 406925 0 0 Check Point Software COM M22465104 518 8025 SH SOLE 8025 0 0 Chevron Corp COM 166764100 10153 81286 SH SOLE 81286 0 0 Chubb COM 171232101 266 2748 SH SOLE 2748 0 0 Cisco Systems COM 17275r102 6646 296308 SH SOLE 296308 0 0 Coca Cola COM 191216100 1782 43133 SH SOLE 43133 0 0 Cons. Disc. Sector SPDR COM 81369Y407 1294 19365 SH SOLE 19365 0 0 Consumer Staples Sector SPDR COM 81369Y308 943 21950 SH SOLE 21950 0 0 Covidien Ltd COM G2554F113 973 14293 SH SOLE 14293 0 0 Danaher Corp COM 235851102 1701 22033 SH SOLE 22033 0 0 Dick's Sporting Goods COM 253393102 7414 127600 SH SOLE 127600 0 0 Dominion Resources COM 25746u109 1661 25684 SH SOLE 25684 0 0 Du Pont COM 263534109 1734 26692 SH SOLE 26692 0 0 Energy Select Sector SPDR COM 81369Y506 424 4785 SH SOLE 4785 0 0 Expeditors Int'l COM 302130109 11483 259501 SH SOLE 259501 0 0 Exxon Mobil COM 30231g102 4193 41436 SH SOLE 41436 0 0 Financial Sector SPDR COM 81369Y605 493 22530 SH SOLE 22530 0 0 General Electric COM 369604103 11994 427909 SH SOLE 427909 0 0 General Mills Inc. COM 370334104 547 10955 SH SOLE 10955 0 0 Google Inc. A COM 38259p508 17241 15384 SH SOLE 15384 0 0 Halliburton COM 406216101 905 17825 SH SOLE 17825 0 0 Hewlett Packard COM 428236103 1178 42100 SH SOLE 42100 0 0 IBM COM 459200101 724 3859 SH SOLE 3859 0 0 Industrial Sector SPDR COM 81369Y704 993 19000 SH SOLE 19000 0 0 Intel COM 458140100 6693 257888 SH SOLE 257888 0 0 J.P. Morgan Chase COM 46625h100 1637 27999 SH SOLE 27999 0 0 Johnson & Johnson COM 478160104 4736 51712 SH SOLE 51712 0 0 Lowe's Cos. COM 548661107 2141 43200 SH SOLE 43200 0 0 Martin Marietta Materials COM 573284106 9314 93200 SH SOLE 93200 0 0 Materials Sector SPDR COM 81369Y100 588 12715 SH SOLE 12715 0 0 McDonald's COM 580135101 1476 15213 SH SOLE 15213 0 0 Merck & Co. COM 58933y105 14698 293666 SH SOLE 293666 0 0 Microsoft COM 594918104 5623 150306 SH SOLE 150306 0 0 National Oilwell Varco COM 637071101 884 11117 SH SOLE 11117 0 0 Noble Corp. COM g65431101 8436 225133 SH SOLE 225133 0 0 Oracle COM 68389x105 1035 27041 SH SOLE 27041 0 0 PG&E Corporation COM 69331c108 401 9963 SH SOLE 9963 0 0 Pepsico COM 713448108 1322 15941 SH SOLE 15941 0 0 Pfizer COM 717081103 2965 96813 SH SOLE 96813 0 0 ProLogis Inc COM 74340w103 17448 472200 SH SOLE 472200 0 0 Procter & Gamble COM 742718109 15365 188741 SH SOLE 188741 0 0 Progressive Waste Solutions COM 74339g101 4839 195500 SH SOLE 195500 0 0 Redwood Trust Inc. COM 758075402 194 10000 SH SOLE 10000 0 0 Robert Half Intl. COM 770323103 6245 148725 SH SOLE 148725 0 0 Sysco Corp COM 871829107 4422 122500 SH SOLE 122500 0 0 T. Rowe Price Group COM 74144t108 302 3600 SH SOLE 3600 0 0 Technology Sector SPDR COM 81369Y803 1272 35585 SH SOLE 35585 0 0 Teradata Corp COM 88076w103 5504 121000 SH SOLE 121000 0 0 Teva Pharm Inds ADR COM 881624209 636 15859 SH SOLE 15859 0 0 U.S. Bancorp COM 902973304 1679 41558 SH SOLE 41558 0 0 Union Pacific COM 907818108 336 2000 SH SOLE 2000 0 0 United Technologies COM 913017109 1715 15067 SH SOLE 15067 0 0 Utilities Sector SPDR COM 81369Y886 545 14350 SH SOLE 14350 0 0 V.F. Corp. COM 918204108 618 9920 SH SOLE 9920 0 0 Vanguard Info Tech ETF COM 92204a702 412 4600 SH SOLE 4600 0 0 Vanguard REIT ETF COM 922908553 417 6452 SH SOLE 6452 0 0 Verizon Comm. COM 92343v104 1481 30136 SH SOLE 30136 0 0 Vodafone Group COM 92857w209 247 6292 SH SOLE 6292 0 0 Wal-Mart Stores COM 931142103 4042 51361 SH SOLE 51361 0 0 Walt Disney COM 254687106 1857 24300 SH SOLE 24300 0 0 Wells Fargo & Co. COM 949746101 13888 305905 SH SOLE 305905 0 0 Xerox COM 984121103 631 51840 SH SOLE 51840 0 0 iPath DJ-UBS Commodity Index COM 06738c778 243 6600 SH SOLE 6600 0 0 Vanguard FTSE All-World ex-US COM 922042775 4151 81825 SH SOLE 81825 0 0 Vanguard Ttl Stk ETF COM 922908769 670 6980 SH SOLE 6980 0 0 iShares MSCI EAFE Fund COM 464287465 791 11790 SH SOLE 11790 0 0 iShares S&P Mid Cap 400 COM 464287507 2559 19121 SH SOLE 19121 0 0 iShares S&P Small Cap 600 COM 464287804 2566 23509 SH SOLE 23509 0 0