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 2,456,595 44,025 SH SOLE 44,025 0 0
CISCO SYS INC COM 17275R102 753,455 42,116 SH SOLE 42,116 0 0
CONOCOPHILLIPS COM 20825C104 384,234 3,563 SH SOLE 3,563 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 422,660 13,122 SH SOLE 13,122 0 0
EXXON MOBIL CORP COM 30231G102 7,602,099 127,552 SH SOLE 127,552 0 0
JPMORGAN CHASE & CO COM 46625H100 735,423 21,255 SH SOLE 21,255 0 0
ORACLE CORP COM 68389X105 371,904 29,800 SH SOLE 29,800 0 0
PRINCIPAL FINL GROUP INC COM 74251V102 228,939 5,948 SH SOLE 5,948 0 0
DREYFUS MUN INCOME INC COM COM 26201R102 208,810 23,383 SH SOLE 23,383 0 0
BLACKROCK INCOME TR INC COM 09247F100 203,770 28,700 SH SOLE 28,700 0 0
AMERICAN STRATEGIC INCOME II COM 03009T101 190,034 16,270 SH SOLE 16,270 0 0
CREDIT SUISSE ASSET MGMT INC COM 224916106 210,721 47,036 SH SOLE 47,036 0 0
MFS CHARTER INCOME TR SH BEN INT 552727109 401,200 47,200 SH SOLE 47,200 0 0
AIR PRODS & CHEMS INC COM 009158106 715,240 11,301 SH SOLE 11,301 0 0
APPLIED MATLS INC COM 038222105 1,999,156 123,025 SH SOLE 123,025 0 0
BP PLC SPONSORED ADR 055622104 255,216 4,090 SH SOLE 4,090 0 0
BECTON DICKINSON & CO COM 075887109 449,834 7,700 SH SOLE 7,700 0 0
BOSTON SCIENTIFIC CORP COM 101137107 522,826 17,850 SH SOLE 17,850 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108 527,531 20,720 SH SOLE 20,720 0 0
CHEVRON CORP NEW COM 166764100 2,898,007 49,700 SH SOLE 49,700 0 0
CLOROX CO DEL COM 189054109 601,555 9,550 SH SOLE 9,550 0 0
COCA COLA CO COM 191216100 307,441 7,378 SH SOLE 7,378 0 0
COLGATE PALMOLIVE CO COM 194162103 1,973,330 37,825 SH SOLE 37,825 0 0
CONAGRA BRANDS INC COM 205887102 1,860,813 68,868 SH SOLE 68,868 0 0
DISNEY WALT CO COM DISNEY 254687106 1,630,140 56,740 SH SOLE 56,740 0 0
GENERAL ELECTRIC CO COM 369604103 2,256,346 62,572 SH SOLE 62,572 0 0
HOME DEPOT INC COM 437076102 2,645,290 69,176 SH SOLE 69,176 0 0
HONEYWELL INTL INC COM 438516106 1,000,018 26,875 SH SOLE 26,875 0 0
IDACORP INC COM 451107106 409,379 14,430 SH SOLE 14,430 0 0
INTEL CORP COM 458140100 1,885,347 81,160 SH SOLE 81,160 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 847,550 9,275 SH SOLE 9,275 0 0
JOHNSON & JOHNSON COM 478160104 1,902,978 28,335 SH SOLE 28,335 0 0
LILLY ELI & CO COM 532457108 211,005 4,050 SH SOLE 4,050 0 0
MARATHON OIL CORP COM 565849106 1,503,786 32,050 SH SOLE 32,050 0 0
MICROSOFT CORP COM 594918104 2,329,528 96,381 SH SOLE 96,381 0 0
NEWELL BRANDS INC COM 651229106 1,589,553 72,450 SH SOLE 72,450 0 0
PPG INDS INC COM 693506107 206,979 2,894 SH SOLE 2,894 0 0
PAYCHEX INC COM 704326107 1,880,586 57,300 SH SOLE 57,300 0 0
PFIZER INC COM 717081103 2,927,056 111,422 SH SOLE 111,422 0 0
PLUM CREEK TIMBER CO INC COM 729251108 348,468 9,761 SH SOLE 9,761 0 0
SAFEWAY INC COM 786514208 219,580 11,850 SH SOLE 11,850 0 0
SCHLUMBERGER LTD COM 806857108 436,976 6,200 SH SOLE 6,200 0 0
STEWART ENTERPRISES INC CL A 860370105 895,188 145,559 SH SOLE 145,559 0 0
SYSCO CORP COM 871829107 113,050,457 3,157,834 SH SOLE 3,157,834 0 0
TEXAS INSTRS INC COM 882508104 727,740 28,550 SH SOLE 28,550 0 0
US BANCORP DEL COM NEW 902973304 5,114,340 177,458 SH SOLE 177,458 0 0
UNION PAC CORP COM 907818108 312,256 4,480 SH SOLE 4,480 0 0
VOLTERRA SEMICONDUCTOR CORP COM 928708106 139,491 10,333 SH SOLE 10,333 0 0
WALMART INC COM 931142103 417,967 8,341 SH SOLE 8,341 0 0
WALGREEN CO COM 931422109 421,990 9,500 SH SOLE 9,500 0 0
WELLS FARGO CO NEW COM 949746101 5,364,179 89,702 SH SOLE 89,702 0 0
LEVEL 3 COMMUNICATIONS INC COM 52729N100 32,239 15,650 SH SOLE 15,650 0 0
CITIGROUP INC COM 172967101 212,656 4,732 SH SOLE 4,732 0 0
MOTOROLA INC COM 620076109 1,313,618 87,750 SH SOLE 87,750 0 0
EF JOHNSON TECHNOLOGIES INC COM 26843B101 233,732 28,400 SH SOLE 28,400 0 0
MORGAN STANLEY HIGH YIELD FD COM 61744M104 216,288 35,750 SH SOLE 35,750 0 0
TRINITY INDS INC COM 896522109 431,705 15,325 SH SOLE 15,325 0 0
BERKSHIRE HATHAWAY INC DEL CL B 084670207 2,904,552 1,017 SH SOLE 1,017 0 0
MERCK & CO INC COM 589331107 482,184 14,896 SH SOLE 14,896 0 0
SCHERING PLOUGH CORP COM 806605101 208,271 11,475 SH SOLE 11,475 0 0
INGERSOLL-RAND COMPANY LTD CL A G4776G101 1,196,741 15,025 SH SOLE 15,025 0 0
AMERICAN INTL GROUP INC COM 026874107 2,015,650 36,377 SH SOLE 36,377 0 0
WASHINGTON MUT INC COM 939322103 1,896,988 48,025 SH SOLE 48,025 0 0
HYPERION TOTAL RETURN & INCO COM 449145101 280,116 27,900 SH SOLE 27,900 0 0
GANNETT INC COM 364730101 1,723,944 21,800 SH SOLE 21,800 0 0
REGIONS FINANCIAL CORP NEW COM 7591EP100 314,053 9,693 SH SOLE 9,693 0 0
ZIONS BANCORPORATION N A COM 989701107 648,788 9,400 SH SOLE 9,400 0 0
SAFECO CORP COM 786429100 935,232 19,200 SH SOLE 19,200 0 0
ALLTEL CORP COM 020039103 9,703,349 176,907 SH SOLE 176,907 0 0
WD-40 CO COM 929236107 1,076,556 33,135 SH SOLE 33,135 0 0
COLONIAL MUN INCOME TR SH BEN INT 195799101 140,352 25,800 SH SOLE 25,800 0 0
FIRST DATA CORP COM 319963104 1,371,919 34,900 SH SOLE 34,900 0 0
NUVEEN ARIZONA QLTY MUN INC COM 67061W104 150,200 10,000 SH SOLE 10,000 0 0
UNITED DOMINION REALTY TR IN COM 910197102 219,135 10,500 SH SOLE 10,500 0 0
MANAGED HIGH INCOME PORTFOLI COM 56166C105 207,095 33,950 SH SOLE 33,950 0 0
LUCENT TECHNOLOGIES INC COM 549463107 44,658 16,239 SH SOLE 16,239 0 0
SHURGARD STORAGE CTRS INC COM 82567D104 252,027 6,150 SH SOLE 6,150 0 0
VAN KAMPEN VALUE MUN INCOME COM 921132106 155,411 11,650 SH SOLE 11,650 0 0
COMPUTER ASSOC INTL INC COM 204912109 715,440 26,400 SH SOLE 26,400 0 0
OPPENHEIMER MULTI-SECTOR INC SH BEN INT 683933105 602,928 65,750 SH SOLE 65,750 0 0
ROYAL DUTCH PETE CO NY REG EUR 0.56 780257804 239,199 3,984 SH SOLE 3,984 0 0
SUNGARD DATA SYS INC COM 867363103 3,335,288 96,675 SH SOLE 96,675 0 0
TCW STRATEGIC INCOME FD INC COM 872340104 71,240 14,163 SH SOLE 14,163 0 0
UNOCAL CORP COM 915289102 2,109,304 34,192 SH SOLE 34,192 0 0
DPL INC COM 233293109 415,000 16,600 SH SOLE 16,600 0 0
DIAMOND OFFSHORE DRILLING IN COM 25271C102 714,818 14,325 SH SOLE 14,325 0 0
KING PHARMACEUTICALS INC COM 495582108 733,074 88,216 SH SOLE 88,216 0 0
RITE AID CORP COM COM 767754104 76,032 19,200 SH SOLE 19,200 0 0
ZALE CORP COM 988858106 1,527,608 51,400 SH SOLE 51,400 0 0