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
Expires: July 31, 2015
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
CARDINAL HEALTH INC COM 14149Y108 2,822,128 44,485 SH SOLE 44,485 0 0
CISCO SYS INC COM 17275R102 1,186,591 66,216 SH SOLE 66,216 0 0
CONOCOPHILLIPS COM 20825C104 498,178 7,126 SH SOLE 7,126 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 467,221 12,344 SH SOLE 12,344 0 0
EXXON MOBIL CORP COM 30231G102 8,047,723 126,656 SH SOLE 126,656 0 0
JPMORGAN CHASE & CO COM 46625H100 747,376 22,027 SH SOLE 22,027 0 0
ORACLE CORP COM 68389X105 369,520 29,800 SH SOLE 29,800 0 0
PRINCIPAL FINL GROUP INC COM 74251V102 299,426 6,321 SH SOLE 6,321 0 0
VARIAN MED SYS INC COM 92220P105 1,731,526 43,825 SH SOLE 43,825 0 0
DREYFUS MUN INCOME INC COM COM 26201R102 218,631 23,383 SH SOLE 23,383 0 0
BLACKROCK INCOME TR INC COM 09247F100 166,108 26,200 SH SOLE 26,200 0 0
AMERICAN STRATEGIC INCOME II COM 03009T101 177,343 16,270 SH SOLE 16,270 0 0
CREDIT SUISSE ASSET MGMT INC COM 224916106 174,184 42,484 SH SOLE 42,484 0 0
MFS CHARTER INCOME TR SH BEN INT 552727109 325,500 37,200 SH SOLE 37,200 0 0
AIR PRODS & CHEMS INC COM 009158106 352,896 6,400 SH SOLE 6,400 0 0
APPLIED MATLS INC COM 038222105 2,258,648 133,175 SH SOLE 133,175 0 0
BP PLC SPONSORED ADR 055622104 208,440 2,942 SH SOLE 2,942 0 0
BECTON DICKINSON & CO COM 075887109 393,225 7,500 SH SOLE 7,500 0 0
BOSTON SCIENTIFIC CORP COM 101137107 1,034,707 44,275 SH SOLE 44,275 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108 372,930 15,500 SH SOLE 15,500 0 0
CHEVRON CORP NEW COM 166764100 4,510,192 69,677 SH SOLE 69,677 0 0
CLOROX CO DEL COM 189054109 1,148,290 20,675 SH SOLE 20,675 0 0
COCA COLA CO COM 191216100 326,214 7,553 SH SOLE 7,553 0 0
COLGATE PALMOLIVE CO COM 194162103 2,176,268 41,225 SH SOLE 41,225 0 0
CONAGRA BRANDS INC COM 205887102 1,794,573 72,508 SH SOLE 72,508 0 0
DISNEY WALT CO COM DISNEY 254687106 1,643,253 68,100 SH SOLE 68,100 0 0
GENERAL ELECTRIC CO COM 369604103 2,113,029 62,757 SH SOLE 62,757 0 0
HOME DEPOT INC COM 437076102 2,844,328 74,576 SH SOLE 74,576 0 0
HONEYWELL INTL INC COM 438516106 1,007,813 26,875 SH SOLE 26,875 0 0
IDACORP INC COM 451107106 427,846 14,200 SH SOLE 14,200 0 0
INTEL CORP COM 458140100 2,242,164 90,960 SH SOLE 90,960 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 832,283 10,375 SH SOLE 10,375 0 0
JOHNSON & JOHNSON COM 478160104 2,049,323 32,385 SH SOLE 32,385 0 0
LILLY ELI & CO COM 532457108 280,980 5,250 SH SOLE 5,250 0 0
MARATHON OIL CORP COM 565849106 2,219,546 32,200 SH SOLE 32,200 0 0
MICROSOFT CORP COM 594918104 2,614,965 101,631 SH SOLE 101,631 0 0
NEWELL BRANDS INC COM 651229106 1,869,758 82,550 SH SOLE 82,550 0 0
PAYCHEX INC COM 704326107 2,399,723 64,700 SH SOLE 64,700 0 0
PFIZER INC COM 717081103 2,971,979 119,022 SH SOLE 119,022 0 0
PLUM CREEK TIMBER CO INC COM 729251108 360,562 9,511 SH SOLE 9,511 0 0
SAFEWAY INC COM 786514208 300,800 11,750 SH SOLE 11,750 0 0
SCHLUMBERGER LTD COM 806857108 504,171 5,975 SH SOLE 5,975 0 0
STEWART ENTERPRISES INC CL A 860370105 962,404 145,159 SH SOLE 145,159 0 0
SYSCO CORP COM 871829107 99,061,253 3,157,834 SH SOLE 3,157,834 0 0
TEXAS INSTRS INC COM 882508104 967,845 28,550 SH SOLE 28,550 0 0
US BANCORP DEL COM NEW 902973304 4,367,339 155,532 SH SOLE 155,532 0 0
UNION PAC CORP COM 907818108 321,216 4,480 SH SOLE 4,480 0 0
VOLTERRA SEMICONDUCTOR CORP COM 928708106 126,782 10,333 SH SOLE 10,333 0 0
WALMART INC COM 931142103 966,932 22,066 SH SOLE 22,066 0 0
WALGREEN CO COM 931422109 430,155 9,900 SH SOLE 9,900 0 0
WELLS FARGO CO NEW COM 949746101 5,291,448 90,344 SH SOLE 90,344 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 261,510 3,984 SH SOLE 3,984 0 0
LEVEL 3 COMMUNICATIONS INC COM 52729N100 34,684 14,950 SH SOLE 14,950 0 0
CITIGROUP INC COM 172967101 215,400 4,732 SH SOLE 4,732 0 0
MOTOROLA INC COM 620076109 1,944,852 88,282 SH SOLE 88,282 0 0
EF JOHNSON TECHNOLOGIES INC COM 26843B101 137,886 13,400 SH SOLE 13,400 0 0
MORGAN STANLEY HIGH YIELD FD COM 61744M104 208,960 32,650 SH SOLE 32,650 0 0
TRINITY INDS INC COM 896522109 622,533 15,375 SH SOLE 15,375 0 0
BERKSHIRE HATHAWAY INC DEL CL B 084670207 3,413,750 1,250 SH SOLE 1,250 0 0
MERCK & CO INC COM 589331107 375,389 13,796 SH SOLE 13,796 0 0
SCHERING PLOUGH CORP COM 806605101 227,866 10,825 SH SOLE 10,825 0 0
INGERSOLL-RAND COMPANY LTD CL A G4776G101 1,823,571 47,700 SH SOLE 47,700 0 0
AMERICAN INTL GROUP INC COM 026874107 2,106,392 33,996 SH SOLE 33,996 0 0
WASHINGTON MUT INC COM 939322103 2,036,499 51,925 SH SOLE 51,925 0 0
HYPERION TOTAL RETURN & INCO COM 449145101 234,299 26,900 SH SOLE 26,900 0 0
GANNETT INC COM 364730101 2,250,741 32,700 SH SOLE 32,700 0 0
REGIONS FINANCIAL CORP NEW COM 7591EP100 301,646 9,693 SH SOLE 9,693 0 0
ZIONS BANCORPORATION N A COM 989701107 647,603 9,093 SH SOLE 9,093 0 0
SAFECO CORP COM 786429100 1,019,367 19,100 SH SOLE 19,100 0 0
ALLTEL CORP COM 020039103 11,535,344 177,167 SH SOLE 177,167 0 0
WD-40 CO COM 929236107 1,056,821 39,865 SH SOLE 39,865 0 0
COLONIAL MUN INCOME TR SH BEN INT 195799101 142,932 25,800 SH SOLE 25,800 0 0
FIRST DATA CORP COM 319963104 2,154,000 53,850 SH SOLE 53,850 0 0
NUVEEN ARIZONA QLTY MUN INC COM 67061W104 153,000 10,000 SH SOLE 10,000 0 0
UNITED DOMINION REALTY TR IN COM 910197102 237,000 10,000 SH SOLE 10,000 0 0
MANAGED HIGH INCOME PORTFOLI COM 56166C105 208,728 33,450 SH SOLE 33,450 0 0
LUCENT TECHNOLOGIES INC COM 549463107 52,777 16,239 SH SOLE 16,239 0 0
SHURGARD STORAGE CTRS INC COM 82567D104 343,601 6,150 SH SOLE 6,150 0 0
VAN KAMPEN VALUE MUN INCOME COM 921132106 159,955 11,650 SH SOLE 11,650 0 0
COMPUTER ASSOC INTL INC COM 204912109 736,965 26,500 SH SOLE 26,500 0 0