13F-HR 1 btrtable.txt BTR 13F 06/30/2004 FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTORITY NAME OF ISSUER TITLE OF CLASS CUSIP NO (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ----------- -------- -------- -------- ABBOTT LABORATORIES COM 002824100 2448 60053 SH DEFINED 4050 0 56003 AGILENT TECHNOLOGIES INC COM 00846U101 1289 44038 SH DEFINED 5300 0 38738 ALLSTATE CORPORATION COM 020002101 542 11653 SH DEFINED 100 0 11553 AMEREN CORP COM 023608102 1075 25015 SH DEFINED 2900 0 22115 AMERICAN EXPRESS CO COM 025816109 754 14681 SH DEFINED 0 0 14681 AMERICAN INTL GROUP INC COM 026874107 823 11545 SH DEFINED 40 0 11505 ASIA PACIFIC FUND COM 044901106 909 75430 SH DEFINED 0 0 75430 ASIA TIGERS FUND FUND 04516T105 112 11550 SH DEFINED 400 0 11150 ATLAS PIPELINE PTRNS-UTS COM 049392103 317 8800 SH DEFINED 0 0 8800 BP PLC ADR COM 055622104 955 17831 SH DEFINED 0 0 17831 BANK OF AMERICA CORP COM 060505104 579 6845 SH DEFINED 0 0 6845 BARRICK GOLD CORP COM 067901108 2318 117350 SH DEFINED 12250 0 105100 BECTON DICKINSON & CO COM 075887109 569 10982 SH DEFINED 4100 0 6882 BERKSHIRE HATHAWAY INC COM 084670108 978 11 SH DEFINED 0 0 11 BHP BILLITON LTD SPNSRD ADR'S COM 088606108 840 47950 SH DEFINED 3600 0 44350 BIOTECH HOLDERS COM 09067D201 439 3000 SH DEFINED 0 0 3000 BRANDYWINE REALTY TRUST COM 105368203 275 10100 SH DEFINED 0 0 10100 BRISTOL-MYERS SQUIBB CO COM 110122108 559 22813 SH DEFINED 0 0 22813 CHEVRON TEXACO CORP COM 166764100 3843 40835 SH DEFINED 1825 0 39010 CISCO SYSTEMS INC COM 17275R102 236 9947 SH DEFINED 0 0 9947 CITIGROUP INC COM 172967101 1422 30588 SH DEFINED 4000 0 26588 COMCAST CORP CL A SPL COM 20030N200 2416 87501 SH DEFINED 9710 0 77791 COMPASS BANCSHARES INC COM 20449H109 258 6000 SH DEFINED 0 0 6000 CONAGRA FOODS INC COM 205887102 1764 65150 SH DEFINED 1600 0 63550 CONOCOPHILLIPS COM 20825C104 866 11353 SH DEFINED 1840 0 9513 COSTCO WHSL CORP (NEW) COM 22160K105 346 8400 SH DEFINED 0 0 8400 DTE ENERGY CO COM 233331107 2179 53757 SH DEFINED 6800 0 46957 DENTSPLY INTL INC COM 249030107 279 5350 SH DEFINED 0 0 5350 DEVON ENERGY CORP (NEW) COM 25179M103 1718 26024 SH DEFINED 1930 0 24094 AAM/DFA US HIGH BOOK TO MARKET PORTFOLIO 25434D880 149 13052 SH DEFINED 0 0 13052 DONNELLEY RR & SONS CO COM 257867101 4196 127070 SH DEFINED 9750 0 117320 DU PONT (E.I.) DE NEMOURS COM 263534109 446 10043 SH DEFINED 0 0 10043 EXXON MOBIL CORP (NEW) COM 30231G102 5604 126188 SH DEFINED 0 0 126188 FIRSTENERGY CORP COM 337932107 1158 30950 SH DEFINED 1750 0 29200 FORTUNE BRANDS INC COM 349631101 474 6287 SH DEFINED 0 0 6287 GENERAL ELECTRIC COMPANY COM 369604103 5594 172656 SH DEFINED 9825 0 162831 HAWAIIAN ELECTRIC IND. INC. COM 419870100 381 14594 SH DEFINED 0 0 14594 HEALTH CARE PROPERTIES INC COM 421915109 501 20820 SH DEFINED 900 0 19920 HEALTH MGMT ASSOC INC-A COM 421933102 1485 66220 SH DEFINED 6750 0 59470 HEALTHCARE REALTY TRUST COM 421946104 1141 30440 SH DEFINED 3250 0 27190 HEWLETT-PACKARD COMPANY COM 428236103 641 30397 SH DEFINED 0 0 30397 HOME DEPOT INC COM 437076102 1682 47776 SH DEFINED 5650 0 42126 HONEYWELL INTERNATIONAL INC COM 438516106 1879 51284 SH DEFINED 5700 0 45584 INTEL CORPORATION COM 458140100 1242 45000 SH DEFINED 2600 0 42400 INTERNATIONAL BUSINESS MACHINE COM 459200101 3132 35525 SH DEFINED 2825 0 32700 ISHARES INC MSCI JAPAN 464286848 913 86000 SH DEFINED 9000 0 77000 ISHARES TR DJ SEL DVI INX COM 464287168 802 14410 SH DEFINED 0 0 14410 ISHARES GOLDM SACHS TECH INDEX COM 464287515 300 7880 SH DEFINED 0 0 7880 I SHARES TRUST DJ US HC INDEX COM 464287762 408 6962 SH DEFINED 150 0 6812 J.P. MORGAN CHASE & CO COM 46625H100 588 15177 SH DEFINED 600 0 14577 JOHNSON & JOHNSON COM 478160104 1683 30210 SH DEFINED 2408 0 27802 JOURNAL COMMUNICATIONS INC COM 481130102 188 10000 SH DEFINED 0 0 10000 KERR MC GEE CORP COM 492386107 239 4450 SH DEFINED 0 0 4450 KIMBERLY CLARK COM 494368103 1941 29467 SH DEFINED 3645 0 25822 KINDER MORGAN ENERGY PTNRS COM 494550106 541 13290 SH DEFINED 0 0 13290 LIBERTY MEDIA CORP SER A COM 530718105 1916 213124 SH DEFINED 21852 0 191272 LIBERTY MEDIA INTL INC-A COM 530719103 394 10633 SH DEFINED 1090 0 9543 LIBERTY PROPERTY TRUST COM 531172104 314 7800 SH DEFINED 0 0 7800 ELI LILLY & COMPANY COM 532457108 465 6651 SH DEFINED 0 0 6651 LYONDELL CHEMICAL COMPANY COM 552078107 292 16800 SH DEFINED 0 0 16800 MBNA CORPORATION COM 55262L100 402 15575 SH DEFINED 3450 0 12125 MCG CAPITAL CORPORATION COM 58047P107 154 10000 SH DEFINED 0 0 10000 MCKESSON FIN CONVER/PREFERRED 5.000% 06-01-258155P501 559 10750 SH DEFINED 0 0 10750 MERCK & COMPANY INCORPORATED COM 589331107 916 19284 SH DEFINED 0 0 19284 MICROSOFT CORP COM 594918104 2201 77059 SH DEFINED 8570 0 68489 MID AMERICA APARTMENT COM. COM 59522J103 227 6000 SH DEFINED 0 0 6000 MID-STATE BANCSHARES COM 595440108 478 20335 SH DEFINED 0 0 20335 MURPHY OIL CORP COM 626717102 307 4168 SH DEFINED 180 0 3988 NATIONWIDE HLTH PROPERTIES INC COM 638620104 2372 125497 SH DEFINED 3200 0 122297 NEWS CORP LTD SPONS ADR COM 652487703 2431 68640 SH DEFINED 6265 0 62375 OCCIDENTAL PETROLEUM COM 674599105 283 5849 SH DEFINED 0 0 5849 OWENS-ILLINOIS $2.375 CONV PFD CV PRF STK 690768502 299 8900 SH DEFINED 0 0 8900 PYR ENERGY CORP COM 693677106 138 112200 SH DEFINED 1000 0 111200 PEOPLES ENERGY CORP COM 711030106 950 22550 SH DEFINED 1100 0 21450 PEPSICO INCORPORATED COM 713448108 1420 26354 SH DEFINED 0 0 26354 PFIZER INC COM 717081103 1649 48093 SH DEFINED 100 0 47993 PITNEY-BOWES, INC COM 724479100 414 9350 SH DEFINED 0 0 9350 PRENTISS PROPERTIES TRUST COM 740706106 400 11920 SH DEFINED 870 0 11050 PROCTER AND GAMBLE COMPANY COM 742718109 910 16723 SH DEFINED 1000 0 15723 PROGRESSIVE CORP OHIO COM 743315103 539 6318 SH DEFINED 0 0 6318 RADIAN GROUP INC COM 750236101 791 16516 SH DEFINED 1800 0 14716 RAYTHEON CO NEW COM 755111507 1207 33746 SH DEFINED 1850 0 31896 SAFEWAY INC COM 786514208 212 8350 SH DEFINED 0 0 8350 ST PAUL TRAVELERS COS INC COM 792860108 490 12080 SH DEFINED 0 0 12080 SCHERING PLOUGH CORP COM 806605101 272 14700 SH DEFINED 0 0 14700 SCHLUMBERGER LIMITED COM 806857108 1660 26134 SH DEFINED 4390 0 21744 THE UTILITIES SEL SECT SPDR FD COM 81369Y886 1912 80472 SH DEFINED 3150 0 77322 SERVICEMASTER CO COM 81760N109 3006 243969 SH DEFINED 30500 0 213469 SHURGARD STORAGE CTRS INC COM 82567D104 1358 36313 SH DEFINED 3750 0 32563 STATE STREET CORP COM 857477103 504 10277 SH DEFINED 0 0 10277 TARGET CORP COM 87612E106 2402 56565 SH DEFINED 5900 0 50665 TELEFONICA S A SPONS ADR COM 879382208 302 6772 SH DEFINED 534 0 6238 THERMO ELECTRON CORP COM 883556102 2006 65262 SH DEFINED 5625 0 59637 TORCHMARK CORP COM 891027104 1808 33600 SH DEFINED 3700 0 29900 U.S. BANCORP COM 902973304 2354 85402 SH DEFINED 7993 0 77409 UNITED TECHNOLOGIES CORP COM 913017109 493 5386 SH DEFINED 0 0 5386 VANGUARD 500 INDEX FUND FUND 922908108 385 3654 SH DEFINED 311 0 3343 VERIZON COMMUNICATIONS COM 92343V104 1346 37200 SH DEFINED 200 0 37000 VIACOM INC CLASS B COM 925524308 202 5669 SH DEFINED 100 0 5569 VODAFONE GROUP PLC SPONSORED ADR 92857W100 204 9240 SH DEFINED 0 0 9240 WALGREEN CO COM 931422109 337 9312 SH DEFINED 0 0 9312 WASHINGTON MUTUAL, INC COM 939322103 707 18310 SH DEFINED 1000 0 17310 WASTE MANAGEMENT INC. COM 94106L109 3046 99371 SH DEFINED 6800 0 92571 WELLS FARGO & CO (NEW) COM 949746101 2805 49019 SH DEFINED 2540 0 46479 WYETH CORP COM 983024100 2377 65730 SH DEFINED 4265 0 61465 INGERSOLL RAND COMPANY LTD NEW COM G4776G101 1585 23208 SH DEFINED 2845 0 20363 WEATHERFORD INTERNATIONAL LTD COM G95089101 1081 24040 SH DEFINED 1500 0 22540 FLEXTRONICS INTL LTD ORD COM Y2573F102 637 39932 SH DEFINED 2500 0 37432