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
ABBOTT LABORATORIES COM 002824100 1,072 20,368 SH   SOLE   20,368 0 0
AETNA INC NEW COM 00817Y108 219 4,972 SH   SOLE   4,972 0 0
AIR PRODUCTS CHEMICAL INC. COM 009158106 265 2,776 SH   SOLE   2,776 0 0
AMERICAN ELECTRIC POWER COM 025537101 238 6,315 SH   SOLE   6,315 0 0
AMERICAN EXPRESS CO. COM 025816109 712 13,771 SH   SOLE   13,771 0 0
AUTOMATIC DATA PROCESSING INC. COM 053015103 345 6,548 SH   SOLE   6,548 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 1,380 37,054 SH   SOLE   37,054 0 0
BOEING CO. COM 097023105 715 9,675 SH   SOLE   9,675 0 0
C S X CORP. COM 126408103 379 14,451 SH   SOLE   14,451 0 0
CATERPILLAR TRACTOR CO. COM 149123101 899 8,449 SH   SOLE   8,449 0 0
J P MORGAN CHASE CO COM 46625H100 2,127 51,959 SH   SOLE   51,959 0 0
COCA-COLA COMPANY COM 191216100 1,742 25,892 SH   SOLE   25,892 0 0
COLGATE PALMOLIVE CO. COM 194162103 560 6,407 SH   SOLE   6,407 0 0
CONSOL. EDISON INC. COM 209115104 204 3,834 SH   SOLE   3,834 0 0
CORNING INC COM 219350105 373 20,576 SH   SOLE   20,576 0 0
CUMMINS ENGINE INC. COM 231021106 266 2,572 SH   SOLE   2,572 0 0
DISNEY (WALT) PRODUCTIONS COM 254687106 967 24,769 SH   SOLE   24,769 0 0
DOW CHEMICAL CO. COM 260543103 555 15,404 SH   SOLE   15,404 0 0
DU PONT (E.I.) DE NEMOURS CO COM 263534109 658 12,170 SH   SOLE   12,170 0 0
EATON CORP PLC COM COM 278058102 230 4,466 SH   SOLE   4,466 0 0
EMERSON ELECTRIC CO. COM 291011104 553 9,834 SH   SOLE   9,834 0 0
NEXTERA ENERGY INC COM 65339F101 315 5,481 SH   SOLE   5,481 0 0
FEDEX CORP COM COM 31428X106 393 4,140 SH   SOLE   4,140 0 0
GENERAL DYNAMICS CORP. COM 369550108 324 4,348 SH   SOLE   4,348 0 0
GENERAL ELECTRIC CO. COM 369604103 2,616 138,717 SH   SOLE   138,717 0 0
HALLIBURTON CO. COM 406216101 610 11,967 SH   SOLE   11,967 0 0
HEWLETT-PACKARD CO. COM 428236103 1,037 28,500 SH   SOLE   28,500 0 0
INTEL CORP COM 458140100 1,552 70,030 SH   SOLE   70,030 0 0
INTERN'L BUSINESS MACHINES CORP COM 459200101 2,738 15,958 SH   SOLE   15,958 0 0
JOHNSON JOHNSON COM 478160104 2,399 36,065 SH   SOLE   36,065 0 0
JOHNSON CONTROLS INC. COM 478366107 370 8,872 SH   SOLE   8,872 0 0
KIMBERLY-CLARK CORP. COM 494368103 342 5,133 SH   SOLE   5,133 0 0
LILLY (ELI) CO. COM 532457108 504 13,416 SH   SOLE   13,416 0 0
LOWES COMPANIES COM 548661107 398 17,092 SH   SOLE   17,092 0 0
MCDONALD'S CORP. COM 580135101 1,143 13,556 SH   SOLE   13,556 0 0
MEDTRONIC INC. COM 585055106 539 13,982 SH   SOLE   13,982 0 0
BANK OF AMERICA CORP COM COM 060505104 1,455 132,793 SH   SOLE   132,793 0 0
NORFOLK SOUTHERN CORP. COM 655844108 346 4,619 SH   SOLE   4,619 0 0
WELLS FARGO CO COM 949746101 1,800 64,152 SH   SOLE   64,152 0 0
PACCAR INC COM 693718108 243 4,763 SH   SOLE   4,763 0 0
PEPSICO INC. COM 713448108 1,457 20,682 SH   SOLE   20,682 0 0
PFIZER INC COM COM 717081103 2,148 104,252 SH   SOLE   104,252 0 0
EXELON CORPORATION COM 30161N101 369 8,624 SH   SOLE   8,624 0 0
PROCTER GAMBLE CO. COM 742718109 2,325 36,569 SH   SOLE   36,569 0 0
PUBLIC SERVICE ENTERPRISE GROUP INC COM 744573106 215 6,577 SH   SOLE   6,577 0 0
RAYTHEON CO. NEW COM 755111507 233 4,665 SH   SOLE   4,665 0 0
TRAVELERS COMPANIES INC. COM 89417E109 322 5,512 SH   SOLE   5,512 0 0
SCHLUMBERGER LTD COM 806857108 1,536 17,776 SH   SOLE   17,776 0 0
SOUTHERN CO. COM 842587107 445 11,026 SH   SOLE   11,026 0 0
ATT INC COM COM 00206R102 2,438 77,607 SH   SOLE   77,607 0 0
TEXAS INSTRUMENTS INC. COM 882508104 502 15,296 SH   SOLE   15,296 0 0
UNION PACIFIC CORP. COM 907818108 671 6,427 SH   SOLE   6,427 0 0
UNITED TECHNOLOGIES CORP. COM 913017109 1,061 11,987 SH   SOLE   11,987 0 0
SPRINT NEXTEL CORPORATION COM 852061100 212 39,296 SH   SOLE   39,296 0 0
WAL-MART STORES INC. COM 931142103 1,234 23,228 SH   SOLE   23,228 0 0
WILLIAMS COS COM 969457100 233 7,710 SH   SOLE   7,710 0 0
XEROX CORP COM COM 984121103 191 18,365 SH   SOLE   18,365 0 0
GENERAL MILLS COM 370334104 310 8,337 SH   SOLE   8,337 0 0
ALCOA INC COM 013817101 221 13,935 SH   SOLE   13,935 0 0
OCCIDENTAL PETROLEUM CORP COM 674599105 1,107 10,642 SH   SOLE   10,642 0 0
DEERE CO COM 244199105 454 5,501 SH   SOLE   5,501 0 0
BECTON DICKINSON CO COM COM 075887109 247 2,868 SH   SOLE   2,868 0 0
TARGET CORP COM 87612E106 425 9,050 SH   SOLE   9,050 0 0
PG E CORP. COM 69331C108 216 5,139 SH   SOLE   5,139 0 0
MARSH MC LENNAN CO COM 571748102 224 7,186 SH   SOLE   7,186 0 0
THERMO FISHER SCIENTIFIC INC COM COM 883556102 325 5,041 SH   SOLE   5,041 0 0
SOUTHWEST AIRLINES COM 844741108 122 10,660 SH   SOLE   10,660 0 0
NORTHROP GRUMMAN CORP COM 666807102 265 3,825 SH   SOLE   3,825 0 0
H J HEINZ CO COM 423074103 224 4,197 SH   SOLE   4,197 0 0
NIKE INC CLASS B COM 654106103 421 4,682 SH   SOLE   4,682 0 0
P P L RESOURCES INC COM 69351T106 208 7,477 SH   SOLE   7,477 0 0
ILLINOIS TOOL WORKS COM 452308109 330 5,833 SH   SOLE   5,833 0 0
ARCHER DANIELS MIDLAND CO COM 039483102 252 8,358 SH   SOLE   8,358 0 0
AFLAC INC COM 001055102 286 6,130 SH   SOLE   6,130 0 0
CVS CORPORATION COM 126650100 668 17,770 SH   SOLE   17,770 0 0
APPLE COMPUTER INC COM 037833100 4,068 12,119 SH   SOLE   12,119 0 0
CHUBB CORP COM 171232101 240 3,833 SH   SOLE   3,833 0 0
PNC FINANCIAL SERVICES GROUP. COM 693475105 410 6,884 SH   SOLE   6,884 0 0
NEWMONT MINING COM 651639106 343 6,362 SH   SOLE   6,362 0 0
ANADARKO PETE CORP. COM 032511107 500 6,520 SH   SOLE   6,520 0 0
BAKER HUGHES INC COM COM 057224107 414 5,705 SH   SOLE   5,705 0 0
HUNTINGTON BASHARES COM 446150104 75 11,450 SH   SOLE   11,450 0 0
WALGREEN CO. COM 931422109 510 12,005 SH   SOLE   12,005 0 0
FRANKLIN RESOURCES COM 354613101 249 1,894 SH   SOLE   1,894 0 0
PRECISION CASTPARTS COM 740189105 308 1,870 SH   SOLE   1,870 0 0
MICROSOFT CORP COM 594918104 2,540 97,684 SH   SOLE   97,684 0 0
MICRON TECHNOLOGY INC COM COM 595112103 84 11,242 SH   SOLE   11,242 0 0
BAXTER INTL INC COM 071813109 446 7,476 SH   SOLE   7,476 0 0
ORACLE CORPORATION COM 68389X105 1,655 50,298 SH   SOLE   50,298 0 0
FIFTH THIRD BANCORP COM 316773100 152 11,948 SH   SOLE   11,948 0 0
SYSCO CORP COM 871829107 239 7,651 SH   SOLE   7,651 0 0
SAINT JUDE MEDICAL INC COM 790849103 205 4,307 SH   SOLE   4,307 0 0
T J X COMPANIES INC NEW COM 872540109 266 5,062 SH   SOLE   5,062 0 0
APACHE CORP COM COM 037411105 620 5,026 SH   SOLE   5,026 0 0
ALLERGAN INC COM 018490102 333 3,998 SH   SOLE   3,998 0 0
HOME DEPOT INC COM 437076102 759 20,944 SH   SOLE   20,944 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 648 22,360 SH   SOLE   22,360 0 0
E.O.G. RESOURCES COM 26875P101 368 3,519 SH   SOLE   3,519 0 0
ADOBE SYS INC COM 00724F101 208 6,611 SH   SOLE   6,611 0 0
AMGEN INC COM 031162100 711 12,184 SH   SOLE   12,184 0 0
DANAHER CORP COM 235851102 381 7,199 SH   SOLE   7,199 0 0
APPLIED MATLS INC COM 038222105 225 17,272 SH   SOLE   17,272 0 0
UNITEDHEALTH GROUP INC COM 91324P102 730 14,145 SH   SOLE   14,145 0 0
KEYCORP NEW COM 493267108 105 12,609 SH   SOLE   12,609 0 0
CENTURYLINK INC COM 156700106 318 7,871 SH   SOLE   7,871 0 0
CISCO SYS INC COM 17275R102 1,125 72,075 SH   SOLE   72,075 0 0
STRYKER CORP COM 863667101 240 4,093 SH   SOLE   4,093 0 0
PRAXAIR INC COM 74005P104 431 3,976 SH   SOLE   3,976 0 0
EL PASO CORP COM 28336L109 204 10,076 SH   SOLE   10,076 0 0
EMC CORP MASS COM COM 268648102 743 26,963 SH   SOLE   26,963 0 0
MORGAN STANLEY COM 617446448 466 20,245 SH   SOLE   20,245 0 0
INTUIT INC COM 461202103 207 3,984 SH   SOLE   3,984 0 0
ACE LIMITED F COM H0023R105 291 4,423 SH   SOLE   4,423 0 0
BOSTON SCIENTIFIC CORP COM 101137107 140 20,280 SH   SOLE   20,280 0 0
ALLSTATE CORP COM 020002101 209 6,856 SH   SOLE   6,856 0 0
PRICE GROUP INC COM 74144T108 206 3,408 SH   SOLE   3,408 0 0
EQUITY RESIDENTIAL PPTYS TR COM 29476L107 232 3,860 SH   SOLE   3,860 0 0
COSTCO WHOLESALE CORP COM 22160K105 465 5,726 SH   SOLE   5,726 0 0
CARDINAL HEALTH INC COM 14149Y108 209 4,593 SH   SOLE   4,593 0 0
US BANCORP DEL NEW COM 902973304 643 25,217 SH   SOLE   25,217 0 0
THE CHARLES SCHWAB CORPORATION COM 808513105 216 13,155 SH   SOLE   13,155 0 0
CAPITAL ONE FINL CORP COM 14040H105 311 6,017 SH   SOLE   6,017 0 0
LOCKHEED MARTIN CORP COM 539830109 303 3,747 SH   SOLE   3,747 0 0
B B T CORPORATION COM 054937107 245 9,129 SH   SOLE   9,129 0 0
FREEPORT-MCMORAN COPPER GOCL B COM 35671D857 651 12,298 SH   SOLE   12,298 0 0
WASTE MANAGEMENT COM 94106L109 231 6,203 SH   SOLE   6,203 0 0
EXPRESS SCRIPTS HOLDING COMPANY COM 30219G108 377 6,978 SH   SOLE   6,978 0 0
QUALCOMM INC COM 747525103 1,249 21,985 SH   SOLE   21,985 0 0
SYNOVUS FINL CORP COM 87161C105 22 10,402 SH   SOLE   10,402 0 0
STARBUCKS CORP COM 855244109 389 9,839 SH   SOLE   9,839 0 0
NATIONAL OILWELL VARCO INC. COMMON COM 637071101 433 5,542 SH   SOLE   5,542 0 0
SIMON PROPERTY GROUP INC COM 828806109 446 3,837 SH   SOLE   3,837 0 0
AMAZON COM INC COM 023135106 974 4,763 SH   SOLE   4,763 0 0
STATE STR CORP COM 857477103 298 6,598 SH   SOLE   6,598 0 0
BOSTON PPTYS INC COM 101121101 203 1,908 SH   SOLE   1,908 0 0
NETAPP INC COM 64110D104 259 4,900 SH   SOLE   4,900 0 0
ANNALY CAPITAL MGT INC COM 035710409 192 10,657 SH   SOLE   10,657 0 0
YAHOO INC COM COM 984332106 257 17,080 SH   SOLE   17,080 0 0
VORNADO RLTY TR COM 929042109 223 2,396 SH   SOLE   2,396 0 0
FIRSTENERGY CORP COM 337932107 240 5,444 SH   SOLE   5,444 0 0
BROADCOM CORP COM 111320107 236 7,025 SH   SOLE   7,025 0 0
FRONTIER COMMUNICATIONS CORPORATION COM 35906A108 108 13,327 SH   SOLE   13,327 0 0
MCKESSON CORPORATION COM 58155Q103 276 3,305 SH   SOLE   3,305 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 898 6,745 SH   SOLE   6,745 0 0
EBAY INC COM 278642103 487 15,102 SH   SOLE   15,102 0 0
JUNIPER NETWORKS INC COM 48203R104 219 6,949 SH   SOLE   6,949 0 0
DEVON ENERGY CORPORATION NEW COM 25179M103 437 5,542 SH   SOLE   5,542 0 0
GILEAD SCIENCES INC COM 375558103 429 10,367 SH   SOLE   10,367 0 0
UNITED PARCEL SERVICE INC COM 911312106 702 9,623 SH   SOLE   9,623 0 0
AGILENT TECHNOLOGIES INC COM 00846U101 233 4,567 SH   SOLE   4,567 0 0
EXXON MOBIL CORP COM 30231G102 5,254 64,558 SH   SOLE   64,558 0 0
HONEYWELL INTL INC COM 438516106 613 10,288 SH   SOLE   10,288 0 0
DOMINION RES INC VA NEW COM 25746U109 364 7,546 SH   SOLE   7,546 0 0
METLIFE INC COM 59156R108 471 10,741 SH   SOLE   10,741 0 0
CELGENE CORP COM 151020104 366 6,064 SH   SOLE   6,064 0 0
FORD MTR CO DEL COM 345370860 669 48,511 SH   SOLE   48,511 0 0
COACH INC COM 189754104 246 3,846 SH   SOLE   3,846 0 0
MONSANTO CO NEW COM 61166W101 507 6,996 SH   SOLE   6,996 0 0
PEABODY ENERGY CORP COM 704549104 208 3,525 SH   SOLE   3,525 0 0
KRAFT FOODS INC COM 50075N104 760 21,566 SH   SOLE   21,566 0 0
ACCENTURE COM G1151C101 511 8,462 SH   SOLE   8,462 0 0
CHEVRON CORP COM COM 166764100 2,709 26,344 SH   SOLE   26,344 0 0
PRUDENTIAL FINL INC COM 744320102 405 6,368 SH   SOLE   6,368 0 0
MARATHON OIL CORP COM 565849106 493 9,352 SH   SOLE   9,352 0 0
LORILLARD INC COM 544147101 204 1,875 SH   SOLE   1,875 0 0
3M CO COM 88579Y101 882 9,295 SH   SOLE   9,295 0 0
CHESAPEAKE ENERGY CORP COM 165167107 256 8,620 SH   SOLE   8,620 0 0
NOBLE ENERGY INC COM 655044105 207 2,311 SH   SOLE   2,311 0 0
YUM BRANDS INC COM 988498101 337 6,102 SH   SOLE   6,102 0 0
COGNIZANT TECHNOLOGY SOLUTIONS CORP COM 192446102 292 3,987 SH   SOLE   3,987 0 0
CONOCOPHILLIPS COM 20825C104 1,393 18,524 SH   SOLE   18,524 0 0
COMCAST CORP NEW COM 20030N101 916 36,139 SH   SOLE   36,139 0 0
POPULAR INC COM 733174700 37 13,561 SH   SOLE   13,561 0 0
ALTRIA GROUP INC COM 02209S103 725 27,437 SH   SOLE   27,437 0 0
CARNIVAL CORP COM COM 143658300 210 5,591 SH   SOLE   5,591 0 0
SIRIUS XM HOLDINGS INC. COM 82968B103 113 51,440 SH   SOLE   51,440 0 0
PRICELINE COM INC COM 741503403 334 653 SH   SOLE   653 0 0
DELL INC COM 24702R101 358 21,473 SH   SOLE   21,473 0 0
MEDCO HEALTH SOLUTIONS INC COM 58405U102 297 5,252 SH   SOLE   5,252 0 0
AMERICAN TOWER CORP COM 029912201 272 5,199 SH   SOLE   5,199 0 0
BIOGEN IDEC INC COM COM 09062X103 339 3,166 SH   SOLE   3,166 0 0
SALESFORCE.COM INC COM 79466L302 262 1,757 SH   SOLE   1,757 0 0
REGIONS FINL CORP NEW COM 7591EP100 104 16,779 SH   SOLE   16,779 0 0
GOOGLE INC COM COM 38259P508 1,672 3,301 SH   SOLE   3,301 0 0
MOSAIC CO NEW COM 61945C103 241 3,564 SH   SOLE   3,564 0 0
TWENTY-FIRST CENTURY FOX INC. CL A COM 90130A101 535 30,248 SH   SOLE   30,248 0 0
WELLPOINT INC COM 94973V107 378 4,795 SH   SOLE   4,795 0 0
PUBLIC STORAGE INC (COM) COM 74460D109 207 1,818 SH   SOLE   1,818 0 0
CBS CORP (COM) COM 124857202 250 8,764 SH   SOLE   8,764 0 0
VIACOM INC CL-B COM COM 92553P201 391 7,661 SH   SOLE   7,661 0 0
LAS VEGAS SANDS CORP (COM) COM 517834107 217 5,140 SH   SOLE   5,140 0 0
DUKE ENERGY CORP COM COM 26441C204 329 17,450 SH   SOLE   17,450 0 0
BLACKROCK INC (COM) COM 09247X101 231 1,205 SH   SOLE   1,205 0 0
LEVEL 3 COMMUNICATIONS INC (COM) COM 52729N308 55 22,460 SH   SOLE   22,460 0 0
HESS CORP (COM) COM 42809H107 298 3,981 SH   SOLE   3,981 0 0
MASTERCARD INC (COM) COM 57636Q104 424 1,406 SH   SOLE   1,406 0 0
SPECTRA ENERGY CORP COM COM 847560109 233 8,506 SH   SOLE   8,506 0 0
DELTA AIR LINES INC COM COM 247361702 102 11,070 SH   SOLE   11,070 0 0
BANK OF NEW YORK MELLON CORP COM COM 064058100 417 16,272 SH   SOLE   16,272 0 0
TYCO INTERNATIONAL LTD NEW F COM H89128104 304 6,146 SH   SOLE   6,146 0 0
COVIDIEN PLC F COM G2554F113 346 6,498 SH   SOLE   6,498 0 0
CME GROUP COM 12572Q105 254 871 SH   SOLE   871 0 0
VISA INC CL A COM COM 92826C839 579 6,875 SH   SOLE   6,875 0 0
PHILIP MORRIS INTERNATIONAL COM COM 718172109 1,560 23,370 SH   SOLE   23,370 0 0
FIRST HORIZON NATIONAL CORP FRACTIONAL COM DCA517101 0 18,320 SH   SOLE   18,320 0 0
TIME WARNER CABLE INC COM COM 88732J207 343 4,391 SH   SOLE   4,391 0 0
TIME WARNER INC COM COM 887317303 511 14,048 SH   SOLE   14,048 0 0
CHIMERA INVESTMENT CORP COM COM 16934Q109 46 13,369 SH   SOLE   13,369 0 0
MERCK CO INC COM COM 58933Y105 1,425 40,381 SH   SOLE   40,381 0 0
DIRECTV COM COM 25490A101 511 10,062 SH   SOLE   10,062 0 0
BERKSHIRE HATHAWAY INC CL-B COM COM 084670702 1,775 22,934 SH   SOLE   22,934 0 0
ISHARES RUSSELL 3000 COM 464287689 10,557 133,144 SH   SOLE   133,144 0 0
GENERAL MOTORS CO COM COM 37045V100 304 10,010 SH   SOLE   10,010 0 0
CITIGROUP INC COM COM 172967424 1,586 38,081 SH   SOLE   38,081 0 0