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
ALTRIA GROUP INC COM 02209S103 232,744 5,122 SH SOLE 5,122 0 0
CARDINAL HEALTH INC COM 14149Y108 1,340,655 20,850 SH SOLE 20,850 0 0
CISCOSYSINC COM 17275R102 584,561 34,816 SH SOLE 34,816 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 400,720 15,442 SH SOLE 15,442 0 0
EXXON MOBIL CORP COM 30231G102 4,794,200 133,506 SH SOLE 133,506 0 0
JPMORGAN CHASE & CO COM 46625H100 265,271 7,761 SH SOLE 7,761 0 0
ORACLE CORP COM 68389X105 344,687 28,700 SH SOLE 28,700 0 0
PRINCIPAL FINANCIAL GROUP IN COM 74251V102 355,749 11,031 SH SOLE 11,031 0 0
VERIZON COMMUNICATIONS COM 92343V104 261,238 6,622 SH SOLE 6,622 0 0
DREYFUS MUN INCOME INC COM 26201R102 360,919 36,383 SH SOLE 36,383 0 0
BLACKROCK INCOME TR INC COM 09247F100 241,345 30,550 SH SOLE 30,550 0 0
AMERICAN STRATEGIC INCOME II COM 03009T101 246,766 19,070 SH SOLE 19,070 0 0
CREDIT SUISSE ASSET MGMT INC COM 224916106 672,489 147,153 SH SOLE 147,153 0 0
MFS CHARTER INCOME TR SH BEN INT 552727109 990,964 112,100 SH SOLE 112,100 0 0
AIR PRODS & CHEMS INC COM 009158106 411,882 9,901 SH SOLE 9,901 0 0
APPLIED MATLS INC COM 038222105 1,213,344 76,600 SH SOLE 76,600 0 0
BECTON DICKINSON & CO COM 075887109 608,002 15,650 SH SOLE 15,650 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 516,393 19,020 SH SOLE 19,020 0 0
CHEVRONTEXACO CORP COM 166764100 1,794,170 24,850 SH SOLE 24,850 0 0
CLOROX CO DEL COM 189054109 411,573 9,650 SH SOLE 9,650 0 0
COCACOLACO COM 191216100 362,138 7,803 SH SOLE 7,803 0 0
CONAGRA FOODS INC COM 205887102 824,065 34,918 SH SOLE 34,918 0 0
DISNEY COM DISNEY 254687106 683,133 34,589 SH SOLE 34,589 0 0
GENERAL ELEC CO COM 369604103 1,548,058 53,977 SH SOLE 53,977 0 0
HOME DEPOT INC COM 437076102 803,193 24,251 SH SOLE 24,251 0 0
HONEYWELL INTL INC COM 438516106 694,743 25,875 SH SOLE 25,875 0 0
IDACORPINC COM 451107106 382,725 14,580 SH SOLE 14,580 0 0
INTELCORP COM 458140100 1,337,667 64,280 SH SOLE 64,280 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 387,750 4,700 SH SOLE 4,700 0 0
JOHNSON & JOHNSON COM 478160104 536,129 10,370 SH SOLE 10,370 0 0
MARATHON OIL CORP COM 565849106 690,370 26,200 SH SOLE 26,200 0 0
MICROSOFT CORP COM 594918104 1,563,271 60,970 SH SOLE 60,970 0 0
PAYCHEX INC COM 704326107 970,605 33,025 SH SOLE 33,025 0 0
PFIZERINC COM 717081103 1,723,175 50,459 SH SOLE 50,459 0 0
PLUM CREEK TIMBER CO INC COM 729251108 235,133 9,061 SH SOLE 9,061 0 0
SAFEWAY INC COM NEW 786514208 331,964 16,225 SH SOLE 16,225 0 0
SCHLUMBERGER LTD COM 806857108 342,504 7,200 SH SOLE 7,200 0 0
STEWART ENTERPRISES INC CL A 860370105 534,671 124,342 SH SOLE 124,342 0 0
SYSCOCORP COM 871829107 96,780,889 3,221,734 SH SOLE 3,221,734 0 0
TEXAS INSTRS INC COM 882508104 388,960 22,100 SH SOLE 22,100 0 0
USBANCORPDEL COM NEW 902973304 4,139,079 168,942 SH SOLE 168,942 0 0
UNION PAC CORP COM 907818108 259,929 4,480 SH SOLE 4,480 0 0
WALGREEN CO COM 931422109 246,820 8,200 SH SOLE 8,200 0 0
WELLS FARGO & CO NEW COM 949746101 3,978,173 78,932 SH SOLE 78,932 0 0
LEVEL3 COMMUNICATIONS INC COM 52729N100 114,905 17,150 SH SOLE 17,150 0 0
CITIGROUP INC COM 172967101 820,348 19,167 SH SOLE 19,167 0 0
MOTOROLAINC COM 620076109 696,877 73,900 SH SOLE 73,900 0 0
EF JOHNSON TECHNOLOGIES INC COM 26843B101 17,677 11,048 SH SOLE 11,048 0 0
MORGAN STANLEY HIGH YIELD FD COM 61744M104 384,857 59,300 SH SOLE 59,300 0 0
TRINITY INDS INC COM 896522109 519,206 28,050 SH SOLE 28,050 0 0
BERKSHIRE HATHAWAY INC DEL CLB 084670207 1,773,900 730 SH SOLE 730 0 0
MERCK &COINC COM 589331107 1,145,001 18,910 SH SOLE 18,910 0 0
SCHERING PLOUGH CORP COM 806605101 297,135 15,975 SH SOLE 15,975 0 0
INGERSOLL-RAND COMPANY LTD CLA G4776G101 792,610 16,750 SH SOLE 16,750 0 0
WASHINGTON MUT INC COM 939322103 1,051,085 25,450 SH SOLE 25,450 0 0
HYPERION TOTAL RETURN & INCO COM 449145101 310,938 31,250 SH SOLE 31,250 0 0
GANNETT INC COM 364730101 793,064 10,325 SH SOLE 10,325 0 0
ZIONS BANCORPORATION COM 989701107 546,480 10,800 SH SOLE 10,800 0 0
PUTNAM MUN BD ED INC SH BEN INT 74683V100 157,321 12,046 SH SOLE 12,046 0 0
ALLTEL CORP COM 020039103 8,379,816 173,783 SH SOLE 173,783 0 0
WD-40 CO COM 929236107 272,938 9,560 SH SOLE 9,560 0 0
COLONIAL INVT GRADE MUN TR SH BEN INT 195768106 143,374 13,300 SH SOLE 13,300 0 0
COLONIAL MUN INCOME TR SH BEN INT 195799101 187,938 31,800 SH SOLE 31,800 0 0
FIRSTDATA CORP COM 319963104 522,144 12,600 SH SOLE 12,600 0 0
KINDER MORGAN INC KANS COM 49455P101 1,920,948 35,150 SH SOLE 35,150 0 0
NUVEEN ARIZ PREM INCOME MUN COM 67061W104 167,200 10,000 SH SOLE 10,000 0 0
UNITED DOMINION REALTY TR IN COM 910197102 185,976 10,800 SH SOLE 10,800 0 0
MANAGED HIGH INCOME PORTFOLI COM 56166C105 540,161 72,700 SH SOLE 72,700 0 0
LUCENT TECHNOLOGIES INC: COM 549463107 43,903 21,627 SH SOLE 21,627 0 0
NUVEEN INSD QUALITY MUN FD I COM 67062N103 231,336 13,600 SH SOLE 13,600 0 0
SHURGARD STORAGE CTRS COM 82567D104 200,134 6,050 SH SOLE 6,050 0 0
VAN KAMPEN VALUE MUN INCOME COM | 921132106 212,436 14,050 SH SOLE 14,050 0 0
COMPUTER ASSOC INTL INC COM 204912109 611,029 27,425 SH SOLE 27,425 0 0
OPPENHEIMER MULTI-SECTOR INC SH BEN INT 683933105 1,417,251 172,625 SH SOLE 172,625 0 0
SUNGARD DATA SYS INC COM 867363103 1,189,917 45,925 SH SOLE 45,925 0 0
UNOCAL CORP COM 915289102 332,804 11,600 SH SOLE 11,600 0 0
DPLINC COM 233293109 265,401 16,650 SH SOLE 16,650 0 0
KING PHARMACEUTICALS INC CoM 495582108 1,109,745 75,186 SH SOLE 75,186 0 0
RITEAID CORP COM 767754104 80,990 18,200 SH SOLE 18,200 0 0
ZALECORPNEW COM 988858106 1,154,000 28,850 SH SOLE 28,850 0 0
ZWEIG TOTAL RETURN FD INC COM 989837109 166,701 27,150 SH SOLE 27,150 0 0
BANK ONE CORP COM 06423A103 544,353 14,641 SH SOLE 14,641 0 0
FEDERAL NATL MTG ASSN COM 313586109 478,824 7,100 SH SOLE 7,100 0 0
LAFARGE NORTH AMERICA INC COM 505862102 322,905 10,450 SH SOLE 10,450 0 0
UNION PLANTERS CORP COM 908068109 304,094 9,800 SH SOLE 9,800 0 0
SALOMON BROS HIGH INCOME FD COM 79547Q106 219,596 20,600 SH SOLE 20,600 0 0
VAN KAMPEN SENIOR INCOME TR COM 920961109 103,066 13,096 SH SOLE 13,096 0 0
ISCO INC COM 464268101 116,870 14,030 SH SOLE 14,030 0 0
MAYTAG CORP COM 578592107 508,547 20,825 SH SOLE 20,825 0 0
KBHOME COM 48666K109 653,889 10,550 SH SOLE 10,550 0 0