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 COM 88579y101 3,582 25,010 SH   SOLE   25,010 0 0
AVX Corp. COM 002444107 4,148 312,315 SH   SOLE   312,315 0 0
AbbVie, Inc. COM 00287y109 1,038 18,384 SH   SOLE   18,384 0 0
Abbott Laboratories COM 002824100 974 23,809 SH   SOLE   23,809 0 0
Allstate Corp COM 020002101 6 100 SH   SOLE   100 0 0
Altria Group, Inc. COM 022095103 59 1,415 SH   SOLE   1,415 0 0
Apache Corporation COM 037411105 3,778 37,542 SH   SOLE   37,542 0 0
Apple, Inc. COM 037833100 7 70 SH   SOLE   70 0 0
Auto Data Processing COM 053015103 67 850 SH   SOLE   850 0 0
BB&T Corporation COM 054937107 14 345 SH   SOLE   345 0 0
BP PLC COM 055622104 56 1,060 SH   SOLE   1,060 0 0
Bank of America Corp COM 060505104 54 3,500 SH   SOLE   3,500 0 0
Barrick Gold Corp. COM 067901108 24 1,300 SH   SOLE   1,300 0 0
Berkshire Hathaway B COM 084670702 85 670 SH   SOLE   670 0 0
Boeing Company COM 097023105 4,033 31,695 SH   SOLE   31,695 0 0
Bristol-Myers Squibb COM 110122108 45 932 SH   SOLE   932 0 0
Campbell Soup Co. COM 134429109 11 250 SH   SOLE   250 0 0
Capital One Financial COM 14040H105 54 653 SH   SOLE   653 0 0
Caterpillar, Inc. COM 149123101 65 600 SH   SOLE   600 0 0
Chesapeake Energy COM 165167107 4 125 SH   SOLE   125 0 0
Chevron Corp COM 166764100 1,812 13,878 SH   SOLE   13,878 0 0
Cisco Systems, Inc. COM 17275R102 3,464 139,379 SH   SOLE   139,379 0 0
Coca Cola Bottling Consolidate COM 191098102 15 206 SH   SOLE   206 0 0
Coca-Cola Co. COM 191216100 3,163 74,670 SH   SOLE   74,670 0 0
Conagra Inc COM 205887102 594 20,000 SH   SOLE   20,000 0 0
ConocoPhillips COM 20825C104 3,949 46,068 SH   SOLE   46,068 0 0
Corning Inc COM 219350105 2 100 SH   SOLE   100 0 0
Deere & Company COM 244199105 3,473 38,351 SH   SOLE   38,351 0 0
Delta Apparel Co. COM 247368103 29 2,000 SH   SOLE   2,000 0 0
Direxion Daily Small Cap Bear COM 25449y488 419 30,000 SH   SOLE   30,000 0 0
Duke Energy COM 26441c105 198 2,665 SH   SOLE   2,665 0 0
EI duPont de Nemours COM 263534109 3,861 58,998 SH   SOLE   58,998 0 0
EMC Corporation COM 268648102 28 1,080 SH   SOLE   1,080 0 0
Edison International COM 281020107 11 190 SH   SOLE   190 0 0
Eli Lilly & Company COM 532457108 50 800 SH   SOLE   800 0 0
Emerson Electric Co. COM 291011104 383 5,770 SH   SOLE   5,770 0 0
Express Scripts Holding Co. COM 30219g108 30 432 SH   SOLE   432 0 0
Exxon-Mobil Corp COM 30231g102 1,348 13,388 SH   SOLE   13,388 0 0
Freeport McMoRan Copper & Gold COM 35671d857 4 100 SH   SOLE   100 0 0
General Electric COM 369604103 4,483 170,573 SH   SOLE   170,573 0 0
General Mills Inc. COM 370334104 66 1,250 SH   SOLE   1,250 0 0
General Motors Company COM 37045v100 544 15,000 SH   SOLE   15,000 0 0
Glaxo Smithkline ADS COM 37733W105 2,993 55,966 SH   SOLE   55,966 0 0
Goldcorp, Inc COM 380956409 36 1,300 SH   SOLE   1,300 0 0
Home Depot Inc COM 437076102 52 643 SH   SOLE   643 0 0
Honeywell Int. COM 438516106 16 175 SH   SOLE   175 0 0
Hospira, Inc. COM 441060100 4,364 84,955 SH   SOLE   84,955 0 0
Intel Corp COM 458140100 57 1,848 SH   SOLE   1,848 0 0
International Business Machine COM 459200101 3,367 18,574 SH   SOLE   18,574 0 0
JPMorgan Chase & Co. COM 46625H100 3,715 64,483 SH   SOLE   64,483 0 0
Johnson & Johnson COM 478160104 3,726 35,616 SH   SOLE   35,616 0 0
Joy Global, Inc. COM 481165108 3,594 58,357 SH   SOLE   58,357 0 0
Kraft Foods Group COM 50076Q106 17 283 SH   SOLE   283 0 0
Kyocera Corp COM 501556203 666 14,000 SH   SOLE   14,000 0 0
Lincoln National Corp COM 534187109 6 110 SH   SOLE   110 0 0
Loews Corp. COM 540424108 3,940 89,515 SH   SOLE   89,515 0 0
Market Vectors Gold Miners ETF COM 57060u100 3,098 117,115 SH   SOLE   117,115 0 0
McDonald's Corp COM 580135101 50 500 SH   SOLE   500 0 0
Medtronic Inc. COM 585055106 22 345 SH   SOLE   345 0 0
Merck & Co. Inc COM 58933y105 1,261 21,789 SH   SOLE   21,789 0 0
MetLife, Inc. COM 59156r108 3,922 70,597 SH   SOLE   70,597 0 0
Microsoft Corp. COM 594918104 9 225 SH   SOLE   225 0 0
Mondelez Intl Inc. COM 609207105 32 849 SH   SOLE   849 0 0
Mosaic Co. COM 61945c103 3,905 78,966 SH   SOLE   78,966 0 0
NCR Corporation COM 62886e108 702 20,000 SH   SOLE   20,000 0 0
Nat'l Oilwell Varco Inc. COM 637071101 395 4,795 SH   SOLE   4,795 0 0
National Fuel Gas COM 636180101 4,049 51,713 SH   SOLE   51,713 0 0
Nestle SA ADR COM 641069406 1,021 13,145 SH   SOLE   13,145 0 0
Newmont Mining Corp COM 651639106 519 20,402 SH   SOLE   20,402 0 0
Norfolk Southern Corp COM 655844108 124 1,200 SH   SOLE   1,200 0 0
Novartis AG COM 66987V109 3,597 39,735 SH   SOLE   39,735 0 0
Nucor Corp COM 670346105 3,487 70,810 SH   SOLE   70,810 0 0
Old Republic Intl Corp COM 680223104 4 212 SH   SOLE   212 0 0
Oracle Corp. COM 68389x105 18 450 SH   SOLE   450 0 0
Pepsico Inc COM 713448108 602 6,741 SH   SOLE   6,741 0 0
Pfizer Inc. COM 717081103 3,680 123,974 SH   SOLE   123,974 0 0
Philip Morris Int'l Inc. COM 718172109 50 589 SH   SOLE   589 0 0
Piedmont Nat'l Gas Co. COM 720186105 37 980 SH   SOLE   980 0 0
PowerShares 3X Inverse JGB COM 25154p188 16 1,000 SH   SOLE   1,000 0 0
PowerShs Inverse JGB Future COM 25154p170 498 26,650 SH   SOLE   26,650 0 0
ProShs Ultra Sht Leh 20 yr Tre COM 74347b201 3 50 SH   SOLE   50 0 0
Procter & Gamble COM 742718109 171 2,171 SH   SOLE   2,171 0 0
Reynolds American COM 761713106 12 200 SH   SOLE   200 0 0
Roche Holdings Ltd COM 771195104 1,009 27,050 SH   SOLE   27,050 0 0
Royal Bank of Canada COM 780087102 200 2,800 SH   SOLE   2,800 0 0
Royal Dutch Shell A COM 780259206 525 6,375 SH   SOLE   6,375 0 0
Royal Dutch Shell B COM 780259107 571 6,567 SH   SOLE   6,567 0 0
Rydex Russell Top 50 ETF COM 78355w205 30 220 SH   SOLE   220 0 0
SPDR S&P Pharmaceuticals COM 78464a722 83 800 SH   SOLE   800 0 0
Schlumberger LTD COM 806857108 4,230 35,859 SH   SOLE   35,859 0 0
Sirius Satellite Radio COM 82967n108 16 4,600 SH   SOLE   4,600 0 0
Sony Corporation COM 835699307 3,336 198,933 SH   SOLE   198,933 0 0
Speedway Motorsports COM 847788106 274 15,000 SH   SOLE   15,000 0 0
Sprint Corp. COM 85207u105 4 425 SH   SOLE   425 0 0
State Street Group COM 857477103 3,683 54,765 SH   SOLE   54,765 0 0
Sysco Corporation COM 871829107 28 755 SH   SOLE   755 0 0
Targacept, Inc COM 87611R306 2 500 SH   SOLE   500 0 0
Teradata Corp COM 88076w103 402 10,000 SH   SOLE   10,000 0 0
Teva Pharmaceutical COM 881624209 447 8,535 SH   SOLE   8,535 0 0
The GDL Fund COM 361570104 99 9,120 SH   SOLE   9,120 0 0
The Southern Co COM 842587107 5 100 SH   SOLE   100 0 0
Tootsie Roll Industries COM 890516107 530 18,000 SH   SOLE   18,000 0 0
Total S.A. France Adr COM 89151e109 453 6,270 SH   SOLE   6,270 0 0
Ultra Short Russell 2000 COM 74348a319 1,059 24,625 SH   SOLE   24,625 0 0
UltraShort MidCap400 COM 74348a343 19 425 SH   SOLE   425 0 0
United Parcel Service COM 911312106 3,773 36,752 SH   SOLE   36,752 0 0
Vanguard Emerging Market COM 922042858 669 15,505 SH   SOLE   15,505 0 0
Vanguard European ETF COM 922042874 82 1,375 SH   SOLE   1,375 0 0
Verizon Comm COM 92343v104 10 200 SH   SOLE   200 0 0
Wal-Mart Stores COM 931142103 3,590 47,816 SH   SOLE   47,816 0 0
Walt Disney Co. COM 254687106 26 300 SH   SOLE   300 0 0
Waste Management, Inc. COM 94106l109 4,038 90,265 SH   SOLE   90,265 0 0
Wells Fargo & Co COM 949746101 37 700 SH   SOLE   700 0 0
WisdomTree Int'l Small Cap Div COM 97717w760 240 3,710 SH   SOLE   3,710 0 0
YUM! Brands, Inc. COM 988498101 31 380 SH   SOLE   380 0 0
iShares MSCI EAFE Value COM 464288877 382 6,515 SH   SOLE   6,515 0 0
iShares MSCI Gbl Gold Miners COM 464286335 45 4,050 SH   SOLE   4,050 0 0
iShares Rus 2000 Gr COM 464287617 309 3,400 SH   SOLE   3,400 0 0
iShares Russell 2000 Value In COM 464287630 289 2,795 SH   SOLE   2,795 0 0
iShares S&P Global 100 COM 464287572 19 245 SH   SOLE   245 0 0
iShr Russell 2000 Index COM 464287655 293 2,465 SH   SOLE   2,465 0 0
iShr Russell Midcap Index COM 464287499 61 375 SH   SOLE   375 0 0
iShs MSCI EAFE Fund COM 464287465 503 7,363 SH   SOLE   7,363 0 0
Bancroft Fund, Ltd COM 059695106 847 41,969 SH   SOLE   41,969 0 0