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 CORP COM 88579y101 4,903 28,000 SH   SOLE   28,000 0 0
AMERICAN EXPRESS CO COM 025816109 7,969 131,150 SH   SOLE   131,150 0 0
AMGEN INCORPORATED COM 031162100 12,879 84,650 SH   SOLE   84,650 0 0
BANK OF NY MELLON CO COM 064058100 12,395 319,046 SH   SOLE   319,046 0 0
CHEVRON CORPORATION COM 166764100 8,334 79,500 SH   SOLE   79,500 0 0
CISCO SYSTEMS INC COM 17275r102 30,773 1,072,618 SH   SOLE   1,072,618 0 0
EXPEDITORS INTERNATIONAL COM 302130109 13,908 283,600 SH   SOLE   283,600 0 0
INTEL CORP COM 458140100 21,480 654,866 SH   SOLE   654,866 0 0
MC DONALDS CORP COM 580135101 3,959 32,900 SH   SOLE   32,900 0 0
MERCK & CO INC COM 58933y105 13,977 242,620 SH   SOLE   242,620 0 0
MICROSOFT CORP COM 594918104 29,252 571,656 SH   SOLE   571,656 0 0
PROCTER & GAMBLE COM 742718109 454,983 5,373,601 SH   SOLE   5,373,601 0 0
PROLOGIS INC COM 74340w103 22,264 454,000 SH   SOLE   454,000 0 0
WAL-MART STORES INC COM 931142103 11,783 161,366 SH   SOLE   161,366 0 0