Murphy Capital Management 13F-HR Quarterly holdings report by institutional manager

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:	Oct 31, 2018
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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
BASF SE SPONSORED ADR	ADR	055262505	536	6,000	SH		SOLE		0	0	6,000
BAYER A G SPONSORED ADR	ADR	072730302	2,551	23,915	SH		SOLE		0	0	23,915
DIAGEO ADR	ADR	25243Q205	1,220	10,620	SH		SOLE		0	0	10,620
NESTLE S A SPONSORED ADR	ADR	641069406	5,460	83,008	SH		SOLE		0	0	83,008
ROCHE HLDG LTD SPONSORED ADR	ADR	771195104	240	3,890	SH		SOLE		0	0	3,890
SHIRE PLC SPONSORED ADR	ADR	82481R106	967	10,175	SH		SOLE		0	0	10,175
SHIRE PLC SPONSORED ADR	ADR	82481R106	57	600	SH		OTR		0	0	600
UNILEVER PLC ADR	ADR	904767704	910	22,514	SH		SOLE		0	0	22,514
ACTAVIS INC COM	COM	00507K103	359	2,850	SH		SOLE		0	0	2,850
AETNA	COM	00817Y108	270	4,262	SH		SOLE		0	0	4,262
AETNA	COM	00817Y108	76	1,200	SH		OTR		0	0	1,200
AFLAC	COM	001055102	2,915	50,160	SH		SOLE		0	0	50,160
AFLAC	COM	001055102	43	750	SH		OTR		0	0	750
AIR PRODUCTS & CHEMICALS	COM	009158106	1,471	16,075	SH		SOLE		0	0	16,075
ALLIANCE RESOURCE PARTNERS LP	COM	01877R108	243	3,450	SH		SOLE		0	0	3,450
ALLIANT ENERGY	COM	018802108	219	4,350	SH		SOLE		0	0	4,350
ALPS ETF TR ALERIAN MLP	COM	00162Q866	1,132	63,450	SH		SOLE		0	0	63,450
ALTRIA GROUP	COM	02209S103	4,611	131,792	SH		SOLE		0	0	131,792
ALTRIA GROUP	COM	02209S103	20	600	SH		OTR		0	0	600
AMAZON	COM	023135106	4,359	15,700	SH		SOLE		0	0	15,700
AMERICAN ELECTRIC POWER	COM	025537101	400	8,950	SH		SOLE		0	0	8,950
AMERICAN EXPRESS	COM	025816109	2,310	30,902	SH		SOLE		0	0	30,902
AMERICAN INTL GROUP COM NEW	COM	026874784	5,169	115,652	SH		SOLE		0	0	115,652
AMERICAN STATES WATER	COM	029899101	348	6,500	SH		SOLE		0	0	6,500
AMERICAN TOWER REIT COM	COM	03027X100	248	3,400	SH		SOLE		0	0	3,400
AMERICAN WTR WKS CO IN COM	COM	030420103	492	11,950	SH		SOLE		0	0	11,950
AMGEN	COM	031162100	862	8,743	SH		SOLE		0	0	8,743
AMGEN	COM	031162100	251	2,550	SH		OTR		0	0	2,550
ANADARKO PETROLEUM	COM	032511107	1,049	12,210	SH		SOLE		0	0	12,210
APACHE	COM	037411105	393	4,695	SH		SOLE		0	0	4,695
APPLE COMPUTER	COM	037833100	20,298	51,189	SH		SOLE		0	0	51,189
ARENA PHARMACEUTICALS COM	COM	040047102	346	45,000	SH		SOLE		0	0	45,000
AT&T, INC.	COM	00206R102	5,640	159,348	SH		SOLE		0	0	159,348
AT&T, INC.	COM	00206R102	273	7,733	SH		OTR		0	0	7,733
ATLAS PIPELINE PARTNERS LP MLP	COM	049392103	211	5,550	SH		SOLE		0	0	5,550
ATMOS ENERGY	COM	049560105	336	8,205	SH		SOLE		0	0	8,205
BAIDU.COM ADS	COM	056752108	1,909	20,183	SH		SOLE		0	0	20,183
BAIDU.COM ADS	COM	056752108	14	150	SH		OTR		0	0	150
BANK OF AMERICA	COM	060505104	564	43,931	SH		SOLE		0	0	43,931
BARD (C.R.) INC	COM	067383109	168	1,551	SH		SOLE		0	0	1,551
BARD (C.R.) INC	COM	067383109	327	3,015	SH		OTR		0	0	3,015
BAXTER INTERNATIONAL	COM	071813109	1,378	19,897	SH		SOLE		0	0	19,897
BECTON DICKINSON	COM	075887109	657	6,650	SH		SOLE		0	0	6,650
BELL CANADA ENTERPRISES (NEW)	COM	05534B760	799	19,500	SH		SOLE		0	0	19,500
BERKSHIRE HATHAWAY INC CL B NE	COM	084670702	3,223	28,799	SH		SOLE		0	0	28,799
BERKSHIRE HATHAWAY INC CL B NE	COM	084670702	55	500	SH		OTR		0	0	500
BIOTECHNOLOGY	COM	464287556	6,267	36,046	SH		SOLE		0	0	36,046
BIOTECHNOLOGY	COM	464287556	139	800	SH		OTR		0	0	800
BLACK HILLS	COM	092113109	390	8,000	SH		SOLE		0	0	8,000
BOEING	COM	097023105	5,428	52,996	SH		SOLE		0	0	52,996
BOEING	COM	097023105	20	200	SH		OTR		0	0	200
BRISTOL MYERS SQUIBB	COM	110122108	1,511	33,833	SH		SOLE		0	0	33,833
BROWN FORMAN CORP CL A	COM	115637100	240	3,550	SH		SOLE		0	0	3,550
BT GROUP PLC ADR	COM	05577E101	549	11,700	SH		SOLE		0	0	11,700
CANADIAN NATIONAL RAILWAY	COM	136375102	838	8,625	SH		SOLE		0	0	8,625
CANADIAN PACIFIC RAILWAY LTD	COM	13645T100	901	7,425	SH		SOLE		0	0	7,425
CANADIAN PACIFIC RAILWAY LTD	COM	13645T100	24	200	SH		OTR		0	0	200
CARDINAL HEALTH	COM	14149Y108	255	5,408	SH		SOLE		0	0	5,408
CATERPILLAR	COM	149123101	3,895	47,220	SH		SOLE		0	0	47,220
CELGENE	COM	151020104	2,568	21,958	SH		SOLE		0	0	21,958
CHEVRON CORP	COM	166764100	6,642	56,129	SH		SOLE		0	0	56,129
CHEVRON CORP	COM	166764100	541	4,576	SH		OTR		0	0	4,576
CHINA GOLD CORP COM	COM	16938L106	0	140,000	SH		SOLE		0	0	140,000
CHUBB CORP	COM	171232101	2,717	32,103	SH		SOLE		0	0	32,103
CHUBB CORP	COM	171232101	42	500	SH		OTR		0	0	500
CIGNA	COM	125509109	568	7,840	SH		SOLE		0	0	7,840
CISCO SYSTEMS	COM	17275R102	437	17,972	SH		SOLE		0	0	17,972
CITIGROUP	COM	172967424	2,768	57,717	SH		SOLE		0	0	57,717
CLAYMORE EXCHANGE GUGG BRIC ET	COM	18383M100	180	5,875	SH		SOLE		0	0	5,875
CLAYMORE EXCHANGE GUGG BRIC ET	COM	18383M100	24	800	SH		OTR		0	0	800
CLEARBRIDGE ENERGY MLP COM	COM	184692101	1,461	51,915	SH		SOLE		0	0	51,915
CLOROX COMPANY	COM	189054109	415	5,000	SH		SOLE		0	0	5,000
COCA COLA	COM	191216100	5,960	148,598	SH		SOLE		0	0	148,598
COGNIZANT TECH SOLUTIONS	COM	192446102	212	3,400	SH		SOLE		0	0	3,400
COLGATE PALMOLIVE	COM	194162103	2,342	40,896	SH		SOLE		0	0	40,896
COMCAST CORP CL A	COM	20030N101	1,415	33,895	SH		SOLE		0	0	33,895
CONOCOPHILLIPS	COM	20825C104	837	13,843	SH		SOLE		0	0	13,843
CONSOLIDATED EDISON	COM	209115104	2,684	46,039	SH		SOLE		0	0	46,039
CORNING	COM	219350105	376	26,466	SH		SOLE		0	0	26,466
COSTCO WHOLESALE	COM	22160K105	519	4,700	SH		SOLE		0	0	4,700
CREE	COM	225447101	232	3,650	SH		SOLE		0	0	3,650
CSX	COM	126408103	1,904	82,121	SH		SOLE		0	0	82,121
CUMMINS	COM	231021106	943	8,700	SH		SOLE		0	0	8,700
CURRENCYSHSSWISS FRANC SWISS F	COM	23129V109	363	3,500	SH		SOLE		0	0	3,500
DAVITA	COM	23918K108	381	3,160	SH		SOLE		0	0	3,160
DCP MIDSTREAM PARTNERS LP MLP	COM	23311p100	405	7,500	SH		SOLE		0	0	7,500
DEERE	COM	244199105	2,821	34,722	SH		SOLE		0	0	34,722
DIRECTV COM	COM	25490A309	551	8,950	SH		SOLE		0	0	8,950
DIRECTV COM	COM	25490A309	14	240	SH		OTR		0	0	240
DISH NETWORK CORP CL A	COM	25470M109	235	5,550	SH		SOLE		0	0	5,550
DJ US HEALTHCARE	COM	464287762	5,820	58,093	SH		SOLE		0	0	58,093
DJ US HEALTHCARE PROVIDERS	COM	464288828	1,149	13,683	SH		SOLE		0	0	13,683
DJ US MEDICAL DEVICES	COM	464288810	1,037	13,210	SH		SOLE		0	0	13,210
DJ US TECHNOLOGY	COM	464287721	1,222	16,602	SH		SOLE		0	0	16,602
DJ US UTILITIES SECTOR	COM	464287697	231	2,450	SH		SOLE		0	0	2,450
DJ US UTILITIES SECTOR	COM	464287697	47	500	SH		OTR		0	0	500
DNP SELECT INCOME	COM	23325P104	198	20,210	SH		SOLE		0	0	20,210
DOMINION RESOURCES	COM	25746U109	3,632	63,934	SH		SOLE		0	0	63,934
DOMINION RESOURCES	COM	25746U109	56	1,000	SH		OTR		0	0	1,000
DOW CHEMICAL	COM	260543103	278	8,660	SH		SOLE		0	0	8,660
DU PONT	COM	263534109	2,628	50,064	SH		SOLE		0	0	50,064
DU PONT	COM	263534109	26	500	SH		OTR		0	0	500
DUKE ENERGY CORP NEW	COM	26441c204	2,803	41,540	SH		SOLE		0	0	41,540
DUKE REALTY INVESTMENTS	COM	264411505	880	56,507	SH		SOLE		0	0	56,507
EASTMAN CHEMICAL	COM	277432100	690	9,870	SH		SOLE		0	0	9,870
ECOLAB	COM	278865100	391	4,600	SH		SOLE		0	0	4,600
EDWARDS LIFESCIENCES	COM	28176E108	242	3,602	SH		SOLE		0	0	3,602
EL PASO PIPELINE PTNRS COM UNI	COM	283702108	925	21,200	SH		SOLE		0	0	21,200
ELI LILLY	COM	532457108	281	5,730	SH		SOLE		0	0	5,730
EMC	COM	268648102	1,346	57,020	SH		SOLE		0	0	57,020
EMERSON ELECTRIC	COM	291011104	2,090	38,329	SH		SOLE		0	0	38,329
ENERGY TRANSFER EQUITY COM UT	COM	29273V100	669	11,195	SH		SOLE		0	0	11,195
ENERGY TRANSFER PARTNERS LP ML	COM	29273R109	752	14,881	SH		SOLE		0	0	14,881
ENTERPRISE PRODUCTS PARTNERS L	COM	293792107	9,433	151,790	SH		SOLE		0	0	151,790
ENTERPRISE PRODUCTS PARTNERS L	COM	293792107	56	905	SH		OTR		0	0	905
EQUITY RESIDENTIAL	COM	29476L107	422	7,279	SH		SOLE		0	0	7,279
ETFS PALLADIUM TR SH BEN INT	COM	26923A106	323	5,000	SH		SOLE		0	0	5,000
EXPRESS SCRIPTS	COM	30219g108	1,409	22,836	SH		SOLE		0	0	22,836
EXXON MOBIL	COM	30231G102	14,741	163,157	SH		SOLE		0	0	163,157
EXXON MOBIL	COM	30231G102	381	4,224	SH		OTR		0	0	4,224
F M C CORP COM NEW	COM	302491303	677	11,100	SH		SOLE		0	0	11,100
FACEBOOK INC CL A	COM	30303m102	639	25,694	SH		SOLE		0	0	25,694
FEDEX	COM	31428x106	1,225	12,433	SH		SOLE		0	0	12,433
FIRST TR EXCH TRD FD DJ INTERN	COM	33733E302	1,783	39,295	SH		SOLE		0	0	39,295
FIRST TRUST ENERGY INCOME & GR	COM	33738g104	1,573	46,309	SH		SOLE		0	0	46,309
FLUOR	COM	343412102	616	10,400	SH		SOLE		0	0	10,400
FREEPORT MCMORAN COPPER & GOLD	COM	35671d857	306	11,110	SH		SOLE		0	0	11,110
GANNETT	COM	364730101	304	12,468	SH		SOLE		0	0	12,468
GENERAL DYNAMICS	COM	369550108	545	6,965	SH		SOLE		0	0	6,965
GENERAL ELECTRIC	COM	369604103	4,810	207,452	SH		SOLE		0	0	207,452
GENERAL MILLS	COM	370334104	2,711	55,880	SH		SOLE		0	0	55,880
GENERAL MILLS	COM	370334104	29	600	SH		OTR		0	0	600
GENERAL MTRS CO COM	COM	37045V100	256	7,700	SH		SOLE		0	0	7,700
GENESIS ENERGY LP MLP	COM	371927104	1,385	26,735	SH		SOLE		0	0	26,735
GILEAD SCIENCES	COM	375558103	604	11,790	SH		SOLE		0	0	11,790
GLAXOSMITHKLINE ADR	COM	37733W105	515	10,318	SH		SOLE		0	0	10,318
GOLDMAN SACHS GROUP	COM	38141G104	719	4,759	SH		SOLE		0	0	4,759
GOOGLE	COM	38259p508	4,064	4,617	SH		SOLE		0	0	4,617
HALLIBURTON	COM	406216101	237	5,700	SH		SOLE		0	0	5,700
HEINEKEN N V SPONSORED ADR L1	COM	423012301	426	13,400	SH		SOLE		0	0	13,400
HERSHEY COMPANY	COM	427866108	1,944	21,775	SH		SOLE		0	0	21,775
HERSHEY COMPANY	COM	427866108	44	500	SH		OTR		0	0	500
HOLLY ENERGY PARTNERS LP	COM	435763107	645	16,960	SH		SOLE		0	0	16,960
HOLLYWOOD INTER INC COM	COM	436224109	0	80,000	SH		SOLE		0	0	80,000
HOME DEPOT	COM	437076102	5,683	73,365	SH		SOLE		0	0	73,365
HONEYWELL INTERNATIONAL	COM	438516106	4,147	52,277	SH		SOLE		0	0	52,277
HSBC HOLDINGS PLC ADR	COM	404280406	398	7,670	SH		SOLE		0	0	7,670
IBM	COM	459200101	12,689	66,398	SH		SOLE		0	0	66,398
IBM	COM	459200101	76	400	SH		OTR		0	0	400
INGERSOLL RAND	COM	G47791101	1,073	19,335	SH		SOLE		0	0	19,335
INTEL	COM	458140100	1,525	62,971	SH		SOLE		0	0	62,971
INTERNATIONAL FLAVORS & FRAGRA	COM	459506101	338	4,500	SH		SOLE		0	0	4,500
INTERNATIONAL PAPER	COM	460146103	2,149	48,505	SH		SOLE		0	0	48,505
ISHARES COMEX GOLD TR ISHARES	COM	464285105	246	20,535	SH		SOLE		0	0	20,535
ISHARES SILVER TRUST ISHARES	COM	46428Q109	232	12,250	SH		SOLE		0	0	12,250
ISHARES TR DJ HOME CONSTN	COM	464288752	3,563	159,205	SH		SOLE		0	0	159,205
ISHARES TR DJ HOME CONSTN	COM	464288752	22	1,000	SH		OTR		0	0	1,000
ISHARES TR DJ INS INDX FD	COM	464288786	1,330	32,660	SH		SOLE		0	0	32,660
ISHARES TR DJ OIL EQUIP	COM	464288844	1,176	20,745	SH		SOLE		0	0	20,745
ISHARES TR DJ OIL EQUIP	COM	464288844	28	500	SH		OTR		0	0	500
ISHARES TR DJ PHARMA INDX	COM	464288836	4,548	45,640	SH		SOLE		0	0	45,640
ISHARES TR DJ US FINL SEC	COM	464287788	655	9,165	SH		SOLE		0	0	9,165
ISHARES TR RESIDENT INDEX	COM	464288562	266	5,214	SH		SOLE		0	0	5,214
ISHARES TR S&P GL C STAPL	COM	464288737	317	3,980	SH		SOLE		0	0	3,980
JARDINE MATHESON HLDGS ADR	COM	471115402	455	7,550	SH		SOLE		0	0	7,550
JOHNSON & JOHNSON	COM	478160104	8,901	103,674	SH		SOLE		0	0	103,674
JOHNSON CONTROLS	COM	478366107	273	7,650	SH		SOLE		0	0	7,650
JP MORGAN CHASE	COM	46625H100	3,776	71,536	SH		SOLE		0	0	71,536
JP MORGAN CHASE	COM	46625H100	15	300	SH		OTR		0	0	300
KAYNE ANDERSON MLP	COM	486606106	1,979	50,911	SH		SOLE		0	0	50,911
KELLOGG	COM	487836108	446	6,950	SH		SOLE		0	0	6,950
KIMBERLY CLARK	COM	494368103	2,036	20,963	SH		SOLE		0	0	20,963
KIMBERLY CLARK	COM	494368103	29	300	SH		OTR		0	0	300
KINDER MORGAN 100,000THS	COM	eke55u103	0	804,476	SH		SOLE		0	0	804,476
KINDER MORGAN ENERGY LP MLP	COM	494550106	3,444	40,333	SH		SOLE		0	0	40,333
KINDER MORGAN ENERGY LP MLP	COM	494550106	17	200	SH		OTR		0	0	200
KINDER MORGAN MGMT LLC SHS	COM	49455U100	2,120	25,372	SH		SOLE		0	0	25,372
KRAFT FOODS GROUP INC COM	COM	50076Q106	474	8,493	SH		SOLE		0	0	8,493
KROGER	COM	501044101	463	13,408	SH		SOLE		0	0	13,408
LEGACY RESERVES LP UNIT LP INT	COM	524707304	222	8,350	SH		SOLE		0	0	8,350
LOCKHEED MARTIN	COM	539830109	1,085	10,009	SH		SOLE		0	0	10,009
LOWES COMPANIES	COM	548661107	833	20,375	SH		SOLE		0	0	20,375
MAGELLAN MIDSTREAM PARTNERS LP	COM	559080106	8,012	147,021	SH		SOLE		0	0	147,021
MAGELLAN MIDSTREAM PARTNERS LP	COM	559080106	65	1,200	SH		OTR		0	0	1,200
MANNKIND CORP COM	COM	56400P201	86	13,300	SH		SOLE		0	0	13,300
MARKET VECTORS ETF TR AGRIBUS	COM	57060U605	317	6,200	SH		SOLE		0	0	6,200
MARKET VECTORS ETF TR BIOTECH	COM	57060U183	1,257	18,360	SH		SOLE		0	0	18,360
MARKWEST ENERGY PARTNERS LP ML	COM	570759100	1,231	18,415	SH		SOLE		0	0	18,415
MCCORMICK & CO INC COM NON VTG	COM	579780206	355	5,050	SH		SOLE		0	0	5,050
MCDONALDS	COM	580135101	6,370	64,351	SH		SOLE		0	0	64,351
MCKESSON	COM	58155Q103	1,322	11,550	SH		SOLE		0	0	11,550
MEAD JOHNSON NUTRI CO COM CL A	COM	582839106	945	11,935	SH		SOLE		0	0	11,935
MERCK & CO INC NEW COM	COM	58933Y105	2,172	46,778	SH		SOLE		0	0	46,778
MERRIMACK PHARMACEUTIC COM	COM	590328100	108	16,142	SH		SOLE		0	0	16,142
MICRON TECHNOLOGY	COM	595112103	350	24,465	SH		SOLE		0	0	24,465
MICROSOFT	COM	594918104	1,787	51,739	SH		SOLE		0	0	51,739
MID-AMERICA APARTMENT COMMUNIT	COM	59522J103	230	3,400	SH		SOLE		0	0	3,400
MIMEDX GROUP INC COM	COM	602496101	141	20,000	SH		SOLE		0	0	20,000
MMM (3M COMPANY)	COM	88579Y101	7,876	72,029	SH		SOLE		0	0	72,029
MONDELEZ INTL INC CL A	COM	609207105	395	13,872	SH		SOLE		0	0	13,872
MORGAN STANLEY EMERGING	COM	617477104	234	16,222	SH		SOLE		0	0	16,222
MSCI EAFE	COM	464287465	2,345	40,930	SH		SOLE		0	0	40,930
MSCI EMERGING MARKET	COM	464287234	796	20,689	SH		SOLE		0	0	20,689
NATIONAL FUEL GAS	COM	636180101	455	7,860	SH		SOLE		0	0	7,860
NATIONAL OILWELL VARCO	COM	637071101	261	3,800	SH		SOLE		0	0	3,800
NEXTERA ENERGY INC COM	COM	65339F101	800	9,830	SH		SOLE		0	0	9,830
NORFOLK SOUTHERN	COM	655844108	937	12,900	SH		SOLE		0	0	12,900
NORTHEAST UTILITIES	COM	664397106	334	7,951	SH		SOLE		0	0	7,951
NORTHEAST UTILITIES	COM	664397106	60	1,443	SH		OTR		0	0	1,443
NORTHROP GRUMMAN	COM	666807102	222	2,692	SH		SOLE		0	0	2,692
NOVARTIS AG ADR	COM	66987V109	971	13,745	SH		SOLE		0	0	13,745
NUSTAR GP HOLDINGS LLC UNIT RE	COM	67059L102	327	12,250	SH		SOLE		0	0	12,250
OCCIDENTAL PETROLEUM	COM	674599105	852	9,559	SH		SOLE		0	0	9,559
OCCIDENTAL PETROLEUM	COM	674599105	18	210	SH		OTR		0	0	210
OCEANEERING INTL INC COM	COM	675232102	335	4,650	SH		SOLE		0	0	4,650
OLD REP INTL CORP COM	COM	680223104	144	11,200	SH		SOLE		0	0	11,200
ONEOK	COM	682680103	298	7,232	SH		SOLE		0	0	7,232
ONEOK PARTNERS LP MLP	COM	68268N103	2,039	41,177	SH		SOLE		0	0	41,177
ORACLE	COM	68389X105	588	19,168	SH		SOLE		0	0	19,168
OTTER TAIL	COM	689648103	204	7,200	SH		SOLE		0	0	7,200
PENTAIR LTD SHS	COM	H6169Q108	241	4,187	SH		SOLE		0	0	4,187
PEPSICO	COM	713448108	7,032	85,986	SH		SOLE		0	0	85,986
PEPSICO	COM	713448108	40	500	SH		OTR		0	0	500
PFIZER	COM	717081103	1,158	41,352	SH		SOLE		0	0	41,352
PG & E	COM	69331C108	345	7,550	SH		SOLE		0	0	7,550
PHILIP MORRIS INTL INC COM	COM	718172109	2,613	30,167	SH		SOLE		0	0	30,167
PIEDMONT NATURAL GAS	COM	720186105	1,133	33,595	SH		SOLE		0	0	33,595
PIEDMONT NATURAL GAS	COM	720186105	40	1,200	SH		OTR		0	0	1,200
PIONEER NATURAL RESOURCES	COM	723787107	7,577	52,350	SH		SOLE		0	0	52,350
PLAINS ALL AMERICAN PIPELINE L	COM	726503105	4,385	78,586	SH		SOLE		0	0	78,586
PLAINS ALL AMERICAN PIPELINE L	COM	726503105	44	800	SH		OTR		0	0	800
PNC FINANCIAL SERVICES GROUP	COM	693475105	204	2,810	SH		SOLE		0	0	2,810
POTASH	COM	73755L107	257	6,750	SH		SOLE		0	0	6,750
POWERSHARES ETF TRUST CON STAP	COM	73935X393	482	12,130	SH		SOLE		0	0	12,130
POWERSHARES ETF TRUST ENERGY S	COM	73935X385	407	8,560	SH		SOLE		0	0	8,560
POWERSHARES ETF TRUST WATER RE	COM	73935X575	229	10,433	SH		SOLE		0	0	10,433
POWERSHARES QQQ TRUST UNIT SER	COM	73935A104	8,377	117,552	SH		SOLE		0	0	117,552
POWERSHARES QQQ TRUST UNIT SER	COM	73935A104	21	300	SH		OTR		0	0	300
POWERSHS DB MULTI SECT DB GOLD	COM	73936B606	1,952	46,835	SH		SOLE		0	0	46,835
POWERSHS DB MULTI SECT DB PREC	COM	73936B200	209	5,180	SH		SOLE		0	0	5,180
PPG INDUSTRIES	COM	693506107	329	2,250	SH		SOLE		0	0	2,250
PPL	COM	69351T106	370	12,238	SH		SOLE		0	0	12,238
PROCTER & GAMBLE	COM	742718109	7,054	91,624	SH		SOLE		0	0	91,624
PROCTER & GAMBLE	COM	742718109	30	400	SH		OTR		0	0	400
PROSHARES TR SHORT S&P 500	COM	74347R503	568	19,150	SH		SOLE		0	0	19,150
PRUDENTIAL FINANCIAL	COM	744320102	245	3,363	SH		SOLE		0	0	3,363
PUBLIC SERVICE ENTERPRISE GROU	COM	744573106	1,208	37,004	SH		SOLE		0	0	37,004
PUBLIC SERVICE ENTERPRISE GROU	COM	744573106	59	1,812	SH		OTR		0	0	1,812
QUALCOMM	COM	747525103	861	14,097	SH		SOLE		0	0	14,097
RAYONIER	COM	754907103	969	17,512	SH		SOLE		0	0	17,512
REDWOOD TR INC COM	COM	758075402	226	13,350	SH		SOLE		0	0	13,350
ROPER INDUSTRIES	COM	776696106	496	4,000	SH		SOLE		0	0	4,000
ROSE ROCK MIDSTREAM L COM U RE	COM	777149105	347	9,500	SH		SOLE		0	0	9,500
ROYAL DUTCH CL A ADR NEW	COM	780259206	807	12,661	SH		SOLE		0	0	12,661
ROYAL DUTCH CL A ADR NEW	COM	780259206	26	413	SH		OTR		0	0	413
RUSSELL MIDCAP GROWTH	COM	464287481	1,101	15,349	SH		SOLE		0	0	15,349
RYDER	COM	783549108	313	5,150	SH		SOLE		0	0	5,150
SANDISK	COM	80004c101	232	3,800	SH		SOLE		0	0	3,800
SAREPTA THERAPEUTICS I COM	COM	803607100	232	6,100	SH		SOLE		0	0	6,100
SBA COMMUNICATIONS CRP COM	COM	78388J106	548	7,400	SH		SOLE		0	0	7,400
SCHLUMBERGER	COM	806857108	3,102	43,296	SH		SOLE		0	0	43,296
SCHLUMBERGER	COM	806857108	28	400	SH		OTR		0	0	400
SEACOAST BKG CORP FLA COM	COM	811707306	33	15,200	SH		SOLE		0	0	15,200
SEAGATE TECHNOLOGY PLC SHS	COM	G7945M107	217	4,850	SH		SOLE		0	0	4,850
SELECT SECTOR SPDR TR SBI CONS	COM	81369Y308	1,130	28,495	SH		SOLE		0	0	28,495
SELECT SECTOR SPDR TR SBI INT-	COM	81369Y605	4,572	235,175	SH		SOLE		0	0	235,175
SELECT SECTOR SPDR TR SBI INT-	COM	81369Y605	19	1,000	SH		OTR		0	0	1,000
SIEMENS AG ADR	COM	826197501	1,366	13,490	SH		SOLE		0	0	13,490
SIMON PROPERTY	COM	828806109	558	3,536	SH		SOLE		0	0	3,536
SMUCKER JM	COM	832696405	381	3,700	SH		SOLE		0	0	3,700
SOUTHERN COMPANY	COM	842587107	2,908	65,907	SH		SOLE		0	0	65,907
SPDR DOW JONES INDL AV UT SER	COM	78467X109	1,498	10,085	SH		SOLE		0	0	10,085
SPDR ENERGY	COM	81369Y506	2,674	34,154	SH		SOLE		0	0	34,154
SPDR HEALTH CARE	COM	81369y209	2,758	57,942	SH		SOLE		0	0	57,942
SPDR INDEX SHS FDS EURO STOXX	COM	78463X202	200	6,040	SH		SOLE		0	0	6,040
SPDR INDUSTRIAL SECTOR	COM	81369y704	1,732	40,635	SH		SOLE		0	0	40,635
SPDR MATERIALS SECTOR	COM	81369y100	1,118	29,159	SH		SOLE		0	0	29,159
SPDR MATERIALS SECTOR	COM	81369y100	3	100	SH		OTR		0	0	100
SPDR MID CAP 400	COM	78467Y107	302	1,440	SH		SOLE		0	0	1,440
SPDR SERIES TRUST S&P BIOTECH	COM	78464A870	3,684	35,335	SH		SOLE		0	0	35,335
SPDR SERIES TRUST S&P OILGAS E	COM	78464a730	408	7,025	SH		SOLE		0	0	7,025
SPDR SERIES TRUST S&P RETAIL E	COM	78464A714	722	9,425	SH		SOLE		0	0	9,425
SPDR SERIES TRUST S&P RETAIL E	COM	78464A714	26	350	SH		OTR		0	0	350
SPDR SP500 TRUST SR 1	COM	78462F103	1,475	9,197	SH		SOLE		0	0	9,197
SPDR UTILITIES SELECT	COM	81369Y886	1,436	38,169	SH		SOLE		0	0	38,169
ST JUDE MEDICAL	COM	790849103	520	11,400	SH		SOLE		0	0	11,400
STANLEY BLACK & DECKER COM	COM	854502101	1,016	13,150	SH		SOLE		0	0	13,150
STARBUCKS	COM	855244109	2,020	30,836	SH		SOLE		0	0	30,836
STARWOOD PPTY TR INC COM	COM	85571B105	633	25,600	SH		SOLE		0	0	25,600
STATE STREET	COM	857477103	387	5,950	SH		SOLE		0	0	5,950
STREETTRACKS GOLD SHARES	COM	78463v107	1,309	10,998	SH		SOLE		0	0	10,998
STREETTRACKS INDEX SHS S&P CHI	COM	78463x400	452	7,060	SH		SOLE		0	0	7,060
STREETTRACKS MORGAN STANLEY TE	COM	78464a102	990	13,330	SH		SOLE		0	0	13,330
STREETTRACKS SER TR SPDR HOMEB	COM	78464a888	665	22,635	SH		SOLE		0	0	22,635
STRYKER	COM	863667101	261	4,050	SH		SOLE		0	0	4,050
SUNOCO LOGISTICS PT LP COM UNI	COM	86764L108	632	9,895	SH		SOLE		0	0	9,895
TARGA RES PARTNERS LP COM UNIT	COM	87611X105	643	12,750	SH		SOLE		0	0	12,750
TECHNOLOGY SELECT SECT SPDR	COM	81369Y803	2,352	76,925	SH		SOLE		0	0	76,925
TEEKAY LNG PARTNERS LP MLP	COM	y8564M105	436	9,990	SH		SOLE		0	0	9,990
TEEKAY OFFSHORE PTN LP PARTNER	COM	Y8565J101	310	9,550	SH		SOLE		0	0	9,550
TELUS CORP COM	COM	87971M103	549	18,820	SH		SOLE		0	0	18,820
TICC CAPITAL CORP COM	COM	87244T109	106	11,087	SH		SOLE		0	0	11,087
TOYOTA MOTOR ADR	COM	892331307	736	6,100	SH		SOLE		0	0	6,100
TRANSCANADA	COM	89353D107	215	5,000	SH		SOLE		0	0	5,000
TRANSMONTAIGNE PARTNERS LP MLP	COM	89376v100	1,012	24,150	SH		SOLE		0	0	24,150
UBS AG JERSEY BRH ALERIAN INFR	COM	902641646	2,999	76,360	SH		SOLE		0	0	76,360
UGI CORP	COM	902681105	615	15,750	SH		SOLE		0	0	15,750
UGI CORP	COM	902681105	105	2,700	SH		OTR		0	0	2,700
UNION PACIFIC	COM	907818108	3,765	24,405	SH		SOLE		0	0	24,405
UNION PACIFIC	COM	907818108	123	800	SH		OTR		0	0	800
UNITED PARCEL SERVICE CL B	COM	911312106	2,489	28,787	SH		SOLE		0	0	28,787
UNITED TECHNOLOGIES	COM	913017109	9,054	97,418	SH		SOLE		0	0	97,418
UNITED TECHNOLOGIES	COM	913017109	37	400	SH		OTR		0	0	400
UNITEDHEALTH GROUP	COM	91324P102	402	6,152	SH		SOLE		0	0	6,152
VALEANT PHARMACEUTICAL COM	COM	91911K102	1,698	19,730	SH		SOLE		0	0	19,730
VANGUARD EMERGING MARKETS VIPE	COM	922042858	3,927	101,248	SH		SOLE		0	0	101,248
VANGUARD INDEX FDS REIT ETF	COM	922908553	2,108	30,675	SH		SOLE		0	0	30,675
VANGUARD TELECOM SERVICES VIPE	COM	92204A884	730	9,255	SH		SOLE		0	0	9,255
VANGUARD WORLD FDS HEALTH CAR	COM	92204A504	231	2,685	SH		SOLE		0	0	2,685
VANGUARD WORLD FDS INF TECH ET	COM	92204A702	2,937	39,705	SH		SOLE		0	0	39,705
VERIZON COMMUNICATIONS	COM	92343V104	11,890	236,209	SH		SOLE		0	0	236,209
VERIZON COMMUNICATIONS	COM	92343V104	151	3,000	SH		OTR		0	0	3,000
VIACOM CL B NEW	COM	92553P201	206	3,037	SH		SOLE		0	0	3,037
VISA INC COM CL A	COM	92826C839	1,633	8,940	SH		SOLE		0	0	8,940
VODAFONE GROUP PLC ADR	COM	92857W209	442	15,376	SH		SOLE		0	0	15,376
VODAFONE GROUP PLC ADR	COM	92857W209	68	2,392	SH		OTR		0	0	2,392
WAL-MART STORES	COM	931142103	2,652	35,615	SH		SOLE		0	0	35,615
WALT DISNEY	COM	254687106	4,590	72,693	SH		SOLE		0	0	72,693
WELLS FARGO	COM	949746101	925	22,436	SH		SOLE		0	0	22,436
WESTAR ENERGY	COM	95709T100	354	11,100	SH		SOLE		0	0	11,100
WESTERN GAS PARTNRS LP COM UNI	COM	958254104	807	12,450	SH		SOLE		0	0	12,450
WILLIAMS PARTNERS L P COM UNIT	COM	96950F104	487	9,456	SH		SOLE		0	0	9,456
WISDOMTREE TRUST JP TOTAL DIVI	COM	97717W851	285	6,251	SH		SOLE		0	0	6,251
WISDOMTREE TRUST LRGECP VALUE	COM	97717W547	565	11,400	SH		SOLE		0	0	11,400
YAHOO	COM	984332106	2,408	95,850	SH		SOLE		0	0	95,850
YUM! BRANDS	COM	988498101	1,274	18,380	SH		SOLE		0	0	18,380
ZKB GOLD ETF SHS HLDGS KL A	COM	H9811P122	293	250	SH		SOLE		0	0	250
ACCESS MIDSTREAM PARTN UNIT	LP	00434L109	360	7,550	SH		SOLE		0	0	7,550
CONSULTING GRP CAP MKT GV MONE	MF	210474102	44	44,491	SH		SOLE		0	0	44,491
DREYFUS HI YLD STRATEG SH BEN	MF	26200S101	74	17,780	SH		SOLE		0	0	17,780
LORD ABBETT INVT TR SH DURA IN	MF	543916100	67	14,822	SH		SOLE		0	0	14,822
LEHMAN BROTHERS HOLDINGS ESCRO	OA	525ESC7K9	0	145,000	SH		SOLE		0	0	145,000
ISHARES TR US PFD STK IDX	PFD	464288687	542	13,810	SH		SOLE		0	0	13,810
LEHMAN BROS HLDG INC E FR 11%1	PFD	525ESC5T2	0	10,000	SH		SOLE		0	0	10,000
POWERSHARES ETF TRUST FINL PFD	PFD	73935X229	197	11,045	SH		SOLE		0	0	11,045
HARTFORD FINL SVCS WT EXP 0626	WT	416515120	221	10,100	SH		SOLE		0	0	10,100