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 Corp COM 88579y101 603 4,208 SH   SOLE   4,208 0 0
AT&T Inc. COM 00206r102 873 24,687 SH   SOLE   24,687 0 0
AbbVie COM 00287y109 657 11,636 SH   SOLE   11,636 0 0
Abbott Laboratories COM 002824100 476 11,636 SH   SOLE   11,636 0 0
Alcoa COM 013817101 9,790 657,500 SH   SOLE   657,500 0 0
Allstate Corp. COM 020002101 1,640 27,923 SH   SOLE   27,923 0 0
American Express COM 025816109 2,744 28,927 SH   SOLE   28,927 0 0
Amgen Inc. COM 031162100 3,675 31,050 SH   SOLE   31,050 0 0
Apache Corp COM 037411105 9,207 91,500 SH   SOLE   91,500 0 0
Apple Inc. COM 037833100 885 9,520 SH   SOLE   9,520 0 0
Automatic Data Proc. COM 053015103 499 6,300 SH   SOLE   6,300 0 0
Bank of NY Mellon COM 064058100 13,261 353,818 SH   SOLE   353,818 0 0
Berkshire Hathaway B COM 084670702 715 5,652 SH   SOLE   5,652 0 0
Boston Properties COM 101121101 236 2,000 SH   SOLE   2,000 0 0
Bristol-Myers Squibb COM 110122108 8,820 181,825 SH   SOLE   181,825 0 0
Calpine Corp COM 131347304 11,262 473,000 SH   SOLE   473,000 0 0
Caterpillar COM 149123101 1,199 11,034 SH   SOLE   11,034 0 0
Charles Schwab COM 808513105 9,899 367,575 SH   SOLE   367,575 0 0
Check Point Software COM M22465104 575 8,575 SH   SOLE   8,575 0 0
Chevron Corp COM 166764100 10,734 82,219 SH   SOLE   82,219 0 0
Chubb COM 171232101 253 2,748 SH   SOLE   2,748 0 0
Cisco Systems COM 17275r102 7,374 296,758 SH   SOLE   296,758 0 0
Coca Cola COM 191216100 1,955 46,157 SH   SOLE   46,157 0 0
Cons. Disc. Sector SPDR COM 81369Y407 1,297 19,440 SH   SOLE   19,440 0 0
Consumer Staples Sector SPDR COM 81369Y308 930 20,850 SH   SOLE   20,850 0 0
Covidien Ltd COM G2554F113 1,388 15,386 SH   SOLE   15,386 0 0
Danaher Corp COM 235851102 1,618 20,555 SH   SOLE   20,555 0 0
Dick's Sporting Goods COM 253393102 5,983 128,500 SH   SOLE   128,500 0 0
Dominion Resources COM 25746u109 1,781 24,909 SH   SOLE   24,909 0 0
Du Pont COM 263534109 1,719 26,262 SH   SOLE   26,262 0 0
Energy Select Sector SPDR COM 81369Y506 444 4,435 SH   SOLE   4,435 0 0
Expeditors Int'l COM 302130109 11,415 258,501 SH   SOLE   258,501 0 0
Exxon Mobil COM 30231g102 4,590 45,586 SH   SOLE   45,586 0 0
Financial Sector SPDR COM 81369Y605 1,162 51,080 SH   SOLE   51,080 0 0
General Electric COM 369604103 11,329 431,079 SH   SOLE   431,079 0 0
General Mills Inc. COM 370334104 773 14,711 SH   SOLE   14,711 0 0
Google Cl A COM 38259p508 9,049 15,477 SH   SOLE   15,477 0 0
Google Cl C COM 38259p706 8,904 15,477 SH   SOLE   15,477 0 0
Halliburton COM 406216101 1,234 17,375 SH   SOLE   17,375 0 0
Health Care Sector SPDR COM 81369Y209 201 3,300 SH   SOLE   3,300 0 0
Hewlett Packard COM 428236103 1,447 42,967 SH   SOLE   42,967 0 0
Home Depot COM 437076102 333 4,116 SH   SOLE   4,116 0 0
IBM COM 459200101 987 5,446 SH   SOLE   5,446 0 0
Industrial Sector SPDR COM 81369Y704 581 10,750 SH   SOLE   10,750 0 0
Intel COM 458140100 8,037 260,110 SH   SOLE   260,110 0 0
J.P. Morgan Chase COM 46625h100 1,596 27,692 SH   SOLE   27,692 0 0
Johnson & Johnson COM 478160104 5,332 50,962 SH   SOLE   50,962 0 0
Lowe's Cos. COM 548661107 1,882 39,225 SH   SOLE   39,225 0 0
Martin Marietta Materials COM 573284106 12,175 92,200 SH   SOLE   92,200 0 0
Materials Sector SPDR COM 81369Y100 620 12,490 SH   SOLE   12,490 0 0
McDonald's COM 580135101 1,361 13,513 SH   SOLE   13,513 0 0
Merck & Co. COM 58933y105 16,407 283,616 SH   SOLE   283,616 0 0
Microsoft COM 594918104 6,251 149,906 SH   SOLE   149,906 0 0
National Oilwell Varco COM 637071101 993 12,061 SH   SOLE   12,061 0 0
Noble Corp. COM g65431101 7,211 214,883 SH   SOLE   214,883 0 0
Oracle COM 68389x105 1,176 29,026 SH   SOLE   29,026 0 0
PACCAR, Inc. COM 693718108 748 11,900 SH   SOLE   11,900 0 0
PG&E Corporation COM 69331c108 506 10,533 SH   SOLE   10,533 0 0
Pepsico COM 713448108 1,413 15,821 SH   SOLE   15,821 0 0
Pfizer COM 717081103 2,548 85,864 SH   SOLE   85,864 0 0
Philip Morris Int'l COM 718172109 203 2,409 SH   SOLE   2,409 0 0
ProLogis Inc COM 74340w103 19,403 472,200 SH   SOLE   472,200 0 0
Procter & Gamble COM 742718109 15,548 197,835 SH   SOLE   197,835 0 0
Progressive Waste Solutions COM 74339g101 4,967 193,500 SH   SOLE   193,500 0 0
Redwood Trust Inc. COM 758075402 195 10,000 SH   SOLE   10,000 0 0
Robert Half Intl. COM 770323103 9,120 191,025 SH   SOLE   191,025 0 0
Schlumberger Ltd. COM 806857108 239 2,024 SH   SOLE   2,024 0 0
Sysco Corp COM 871829107 4,485 119,750 SH   SOLE   119,750 0 0
T. Rowe Price Group COM 74144t108 304 3,600 SH   SOLE   3,600 0 0
Technology Sector SPDR COM 81369Y803 1,394 36,360 SH   SOLE   36,360 0 0
Teradata Corp COM 88076w103 6,620 164,675 SH   SOLE   164,675 0 0
Teva Pharm Inds ADR COM 881624209 844 16,109 SH   SOLE   16,109 0 0
U.S. Bancorp COM 902973304 1,800 41,558 SH   SOLE   41,558 0 0
Union Pacific COM 907818108 664 6,656 SH   SOLE   6,656 0 0
United Technologies COM 913017109 1,494 12,942 SH   SOLE   12,942 0 0
Utilities Sector SPDR COM 81369Y886 607 13,725 SH   SOLE   13,725 0 0
V.F. Corp. COM 918204108 672 10,670 SH   SOLE   10,670 0 0
Vanguard Info Tech ETF COM 92204a702 407 4,200 SH   SOLE   4,200 0 0
Vanguard REIT ETF COM 922908553 475 6,347 SH   SOLE   6,347 0 0
Verizon Comm. COM 92343v104 1,746 35,692 SH   SOLE   35,692 0 0
Wal-Mart Stores COM 931142103 3,848 51,261 SH   SOLE   51,261 0 0
Walgreen Co. COM 931422109 252 3,402 SH   SOLE   3,402 0 0
Walt Disney COM 254687106 2,011 23,450 SH   SOLE   23,450 0 0
Wells Fargo & Co. COM 949746101 16,003 304,468 SH   SOLE   304,468 0 0
Xerox COM 984121103 638 51,290 SH   SOLE   51,290 0 0
iPath DJ-UBS Commodity Index COM 06738c778 260 6,600 SH   SOLE   6,600 0 0
Vanguard FTSE All-World ex-US COM 922042775 4,555 87,101 SH   SOLE   87,101 0 0
Vanguard Ttl Stk ETF COM 922908769 999 9,814 SH   SOLE   9,814 0 0
iShares MSCI EAFE Fund COM 464287465 786 11,490 SH   SOLE   11,490 0 0
iShares S&P Mid Cap 400 COM 464287507 2,784 19,461 SH   SOLE   19,461 0 0
iShares S&P Small Cap 600 COM 464287804 2,681 23,919 SH   SOLE   23,919 0 0