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	797	8,015	SH		SOLE		0	0	8,015
DAIMLER AG SPONSORED ADR	ADR	233825108	1,374	14,700	SH		SOLE		0	0	14,700
DIAGEO ADR	ADR	25243Q205	1,577	14,270	SH		SOLE		0	0	14,270
NESTLE S A SPONSORED ADR	ADR	641069406	7,020	93,329	SH		SOLE		0	0	93,329
ROCHE HLDG LTD SPONSORED ADR	ADR	771195104	927	26,975	SH		SOLE		0	0	26,975
SHIRE PLC SPONSORED ADR	ADR	82481R106	1,611	6,735	SH		SOLE		0	0	6,735
SHIRE PLC SPONSORED ADR	ADR	82481R106	143	600	SH		OTR		0	0	600
UNILEVER PLC ADR	ADR	904767704	936	22,446	SH		SOLE		0	0	22,446
ABBOTT LABORATORIES	COM	002824100	329	7,121	SH		SOLE		0	0	7,121
ABBVIE INC. COM	COM	00287Y109	494	8,451	SH		SOLE		0	0	8,451
ACTAVIS PLC SHS	COM	G0083B108	1,458	4,900	SH		SOLE		0	0	4,900
AETNA	COM	00817Y108	640	6,010	SH		SOLE		0	0	6,010
AETNA	COM	00817Y108	127	1,200	SH		OTR		0	0	1,200
AFLAC	COM	001055102	2,906	45,411	SH		SOLE		0	0	45,411
AFLAC	COM	001055102	48	750	SH		OTR		0	0	750
AIR PRODUCTS & CHEMICALS	COM	009158106	1,584	10,475	SH		SOLE		0	0	10,475
ALIBABA GROUP HLDG LTD SPONSOR	COM	01609W102	2,171	26,085	SH		SOLE		0	0	26,085
ALLEGION PUB LTD CO ORD SHS	COM	G0176J109	651	10,645	SH		SOLE		0	0	10,645
ALPS ETF TR ALERIAN MLP	COM	00162Q866	2,873	173,415	SH		SOLE		0	0	173,415
ALPS ETF TR MED BREAKTHGH	COM	00162Q593	328	11,000	SH		SOLE		0	0	11,000
ALTRIA GROUP	COM	02209S103	8,217	164,292	SH		SOLE		0	0	164,292
ALTRIA GROUP	COM	02209S103	30	600	SH		OTR		0	0	600
AMAZON	COM	023135106	3,441	9,250	SH		SOLE		0	0	9,250
AMERICAN ELECTRIC POWER	COM	025537101	483	8,601	SH		SOLE		0	0	8,601
AMERICAN EXPRESS	COM	025816109	2,424	31,035	SH		SOLE		0	0	31,035
AMERICAN INTL GROUP COM NEW	COM	026874784	5,274	96,267	SH		SOLE		0	0	96,267
AMERICAN STATES WATER	COM	029899101	556	13,950	SH		SOLE		0	0	13,950
AMERICAN WTR WKS CO IN COM	COM	030420103	758	14,000	SH		SOLE		0	0	14,000
AMERISOURCEBERGEN	COM	03073e105	278	2,450	SH		SOLE		0	0	2,450
AMGEN	COM	031162100	1,943	12,157	SH		SOLE		0	0	12,157
AMGEN	COM	031162100	407	2,550	SH		OTR		0	0	2,550
ANADARKO PETROLEUM	COM	032511107	561	6,785	SH		SOLE		0	0	6,785
ANHEUSER BUSCH INBEV SPONSORED	COM	03524A108	660	5,420	SH		SOLE		0	0	5,420
APPLE COMPUTER	COM	037833100	32,531	261,447	SH		SOLE		0	0	261,447
ARENA PHARMACEUTICALS COM	COM	040047102	203	46,500	SH		SOLE		0	0	46,500
ASHLAND NEW	COM	044209104	515	4,050	SH		SOLE		0	0	4,050
ASML HLGS NV ADR	COM	N07059210	277	2,750	SH		SOLE		0	0	2,750
AT&T, INC.	COM	00206R102	5,189	158,949	SH		SOLE		0	0	158,949
AT&T, INC.	COM	00206R102	252	7,733	SH		OTR		0	0	7,733
ATMOS ENERGY	COM	049560105	443	8,024	SH		SOLE		0	0	8,024
AUTOMATIC DATA PROCESSING	COM	053015103	246	2,876	SH		SOLE		0	0	2,876
BAIDU.COM ADS	COM	056752108	334	1,605	SH		SOLE		0	0	1,605
BAIDU.COM ADS	COM	056752108	31	150	SH		OTR		0	0	150
BANK OF AMERICA	COM	060505104	624	40,609	SH		SOLE		0	0	40,609
BARD (C.R.) INC	COM	067383109	259	1,551	SH		SOLE		0	0	1,551
BARD (C.R.) INC	COM	067383109	504	3,015	SH		OTR		0	0	3,015
BAXTER INTERNATIONAL	COM	071813109	1,943	28,377	SH		SOLE		0	0	28,377
BECTON DICKINSON	COM	075887109	1,254	8,738	SH		SOLE		0	0	8,738
BELL CANADA ENTERPRISES (NEW)	COM	05534B760	838	19,800	SH		SOLE		0	0	19,800
BERKSHIRE HATHAWAY INC CL B NE	COM	084670702	6,949	48,156	SH		SOLE		0	0	48,156
BERKSHIRE HATHAWAY INC CL B NE	COM	084670702	72	500	SH		OTR		0	0	500
BIOGEN IDEC INC	COM	09062X103	422	1,000	SH		SOLE		0	0	1,000
BIOTECHNOLOGY	COM	464287556	4,837	14,085	SH		SOLE		0	0	14,085
BIOTECHNOLOGY	COM	464287556	274	800	SH		OTR		0	0	800
BLACK HILLS	COM	092113109	390	7,750	SH		SOLE		0	0	7,750
BLACKSTONE GROUP L P COM UNIT	COM	09253U108	482	12,400	SH		SOLE		0	0	12,400
BOEING	COM	097023105	7,912	52,724	SH		SOLE		0	0	52,724
BOEING	COM	097023105	30	200	SH		OTR		0	0	200
BRISTOL MYERS SQUIBB	COM	110122108	2,542	39,422	SH		SOLE		0	0	39,422
BROWN FORMAN CORP CL B	COM	115637209	465	5,150	SH		SOLE		0	0	5,150
BT GROUP PLC ADR	COM	05577E101	989	15,190	SH		SOLE		0	0	15,190
BUCKEYE PARTNERS LP MLP	COM	118230101	215	2,850	SH		SOLE		0	0	2,850
CALIFORNIA WATER SERVICE GROUP	COM	130788102	213	8,700	SH		SOLE		0	0	8,700
CANADIAN NATIONAL RAILWAY	COM	136375102	799	11,950	SH		SOLE		0	0	11,950
CANADIAN PACIFIC RAILWAY LTD	COM	13645T100	1,621	8,875	SH		SOLE		0	0	8,875
CANADIAN PACIFIC RAILWAY LTD	COM	13645T100	36	200	SH		OTR		0	0	200
CARDINAL HEALTH	COM	14149Y108	279	3,093	SH		SOLE		0	0	3,093
CATERPILLAR	COM	149123101	2,457	30,705	SH		SOLE		0	0	30,705
CELGENE	COM	151020104	4,337	37,630	SH		SOLE		0	0	37,630
CHEVRON CORP	COM	166764100	5,968	56,853	SH		SOLE		0	0	56,853
CHEVRON CORP	COM	166764100	480	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	3,550	35,121	SH		SOLE		0	0	35,121
CHUBB CORP	COM	171232101	50	500	SH		OTR		0	0	500
CIGNA	COM	125509109	2,220	17,155	SH		SOLE		0	0	17,155
CISCO SYSTEMS	COM	17275R102	688	25,028	SH		SOLE		0	0	25,028
CITIGROUP	COM	172967424	2,969	57,631	SH		SOLE		0	0	57,631
CLEARBRIDGE ENERGY MLP COM	COM	184692101	1,056	42,334	SH		SOLE		0	0	42,334
CLOROX COMPANY	COM	189054109	309	2,800	SH		SOLE		0	0	2,800
COCA COLA	COM	191216100	6,317	155,796	SH		SOLE		0	0	155,796
COLGATE PALMOLIVE	COM	194162103	3,144	45,342	SH		SOLE		0	0	45,342
COMCAST CORP CL A	COM	20030N101	2,125	37,643	SH		SOLE		0	0	37,643
CONOCOPHILLIPS	COM	20825C104	1,325	21,285	SH		SOLE		0	0	21,285
CONSOLIDATED EDISON	COM	209115104	1,928	31,622	SH		SOLE		0	0	31,622
COSTCO WHOLESALE	COM	22160K105	598	3,950	SH		SOLE		0	0	3,950
CSX	COM	126408103	2,591	78,237	SH		SOLE		0	0	78,237
CUMMINS	COM	231021106	1,012	7,300	SH		SOLE		0	0	7,300
CVS CORP	COM	126650100	1,465	14,199	SH		SOLE		0	0	14,199
DANAHER	COM	235851102	462	5,450	SH		SOLE		0	0	5,450
DAVITA	COM	23918K108	395	4,866	SH		SOLE		0	0	4,866
DCP MIDSTREAM PARTNERS LP MLP	COM	23311p100	205	5,575	SH		SOLE		0	0	5,575
DEERE	COM	244199105	1,823	20,800	SH		SOLE		0	0	20,800
DJ US HEALTHCARE	COM	464287762	8,986	58,233	SH		SOLE		0	0	58,233
DJ US HEALTHCARE PROVIDERS	COM	464288828	3,031	22,783	SH		SOLE		0	0	22,783
DJ US MEDICAL DEVICES	COM	464288810	2,043	16,990	SH		SOLE		0	0	16,990
DJ US TECHNOLOGY	COM	464287721	1,799	17,141	SH		SOLE		0	0	17,141
DJ US TRANSPORTATION	COM	464287192	545	3,485	SH		SOLE		0	0	3,485
DJ US UTILITIES SECTOR	COM	464287697	405	3,625	SH		SOLE		0	0	3,625
DJ US UTILITIES SECTOR	COM	464287697	55	500	SH		OTR		0	0	500
DNP SELECT INCOME	COM	23325P104	118	11,310	SH		SOLE		0	0	11,310
DOMINION RESOURCES	COM	25746U109	4,024	56,789	SH		SOLE		0	0	56,789
DOMINION RESOURCES	COM	25746U109	70	1,000	SH		OTR		0	0	1,000
DOW CHEMICAL	COM	260543103	783	16,332	SH		SOLE		0	0	16,332
DU PONT	COM	263534109	4,852	67,902	SH		SOLE		0	0	67,902
DU PONT	COM	263534109	35	500	SH		OTR		0	0	500
DUKE ENERGY CORP NEW	COM	26441c204	3,554	46,300	SH		SOLE		0	0	46,300
DUKE REALTY INVESTMENTS	COM	264411505	634	29,156	SH		SOLE		0	0	29,156
EASTMAN CHEMICAL	COM	277432100	502	7,250	SH		SOLE		0	0	7,250
EATON CORP PLC SHS	COM	G29183103	388	5,725	SH		SOLE		0	0	5,725
ECOLAB	COM	278865100	1,035	9,050	SH		SOLE		0	0	9,050
EDWARDS LIFESCIENCES	COM	28176E108	327	2,302	SH		SOLE		0	0	2,302
ELI LILLY	COM	532457108	432	5,949	SH		SOLE		0	0	5,949
EMC	COM	268648102	1,456	56,996	SH		SOLE		0	0	56,996
EMERSON ELECTRIC	COM	291011104	1,066	18,837	SH		SOLE		0	0	18,837
ENERGY TRANSFER EQUITY COM UT	COM	29273V100	2,005	31,650	SH		SOLE		0	0	31,650
ENERGY TRANSFER PARTNERS LP ML	COM	29273R109	853	15,316	SH		SOLE		0	0	15,316
ENTERPRISE PRODUCTS PARTNERS L	COM	293792107	9,098	276,299	SH		SOLE		0	0	276,299
ENTERPRISE PRODUCTS PARTNERS L	COM	293792107	59	1,810	SH		OTR		0	0	1,810
EQUITY RESIDENTIAL	COM	29476L107	465	5,975	SH		SOLE		0	0	5,975
ESTEE LAUDER CL A	COM	518439104	314	3,784	SH		SOLE		0	0	3,784
EVERSOURCE ENERGY COM	COM	30040W108	376	7,451	SH		SOLE		0	0	7,451
EVERSOURCE ENERGY COM	COM	30040W108	72	1,443	SH		OTR		0	0	1,443
EXPRESS SCRIPTS	COM	30219g108	822	9,475	SH		SOLE		0	0	9,475
EXXON MOBIL	COM	30231G102	13,669	160,822	SH		SOLE		0	0	160,822
EXXON MOBIL	COM	30231G102	359	4,224	SH		OTR		0	0	4,224
F M C CORP COM NEW	COM	302491303	666	11,650	SH		SOLE		0	0	11,650
FACEBOOK INC CL A	COM	30303m102	3,607	43,880	SH		SOLE		0	0	43,880
FACTORSHARES TR ISE CYBER SEC	COM	30304R407	1,246	44,575	SH		SOLE		0	0	44,575
FEDEX	COM	31428x106	1,959	11,843	SH		SOLE		0	0	11,843
FIRST TR EXCH TRD FD DJ INTERN	COM	33733E302	5,919	91,180	SH		SOLE		0	0	91,180
FIRST TR ISE WTR INDEX COM	COM	33733B100	243	7,700	SH		SOLE		0	0	7,700
FIRST TRUST ENERGY INCOME & GR	COM	33738g104	1,133	33,060	SH		SOLE		0	0	33,060
FORD MOTOR	COM	345370860	227	14,099	SH		SOLE		0	0	14,099
FREEPORT MCMORAN COPPER & GOLD	COM	35671d857	270	14,250	SH		SOLE		0	0	14,250
FTSE/XINHUA CHINA 25	COM	464287184	926	20,860	SH		SOLE		0	0	20,860
GENERAL DYNAMICS	COM	369550108	2,605	19,195	SH		SOLE		0	0	19,195
GENERAL ELECTRIC	COM	369604103	5,907	238,106	SH		SOLE		0	0	238,106
GENERAL MILLS	COM	370334104	2,809	49,630	SH		SOLE		0	0	49,630
GENERAL MILLS	COM	370334104	33	600	SH		OTR		0	0	600
GENESIS ENERGY LP MLP	COM	371927104	960	20,430	SH		SOLE		0	0	20,430
GENUINE PARTS	COM	372460105	228	2,450	SH		SOLE		0	0	2,450
GILEAD SCIENCES	COM	375558103	1,519	15,485	SH		SOLE		0	0	15,485
GLAXOSMITHKLINE ADR	COM	37733W105	426	9,245	SH		SOLE		0	0	9,245
GOLDMAN SACHS GROUP	COM	38141G104	427	2,275	SH		SOLE		0	0	2,275
GOLDMAN SACHS SOFTWARE	COM	464287515	1,015	10,570	SH		SOLE		0	0	10,570
GOLDMAN SACHS TECHNOLOGY	COM	464287549	218	2,120	SH		SOLE		0	0	2,120
GOOGLE INC CL A	COM	38259P508	2,928	5,280	SH		SOLE		0	0	5,280
GOOGLE INC CL C	COM	38259P706	2,872	5,241	SH		SOLE		0	0	5,241
HEALTH CARE PROPERTY INVS	COM	40414l109	450	10,425	SH		SOLE		0	0	10,425
HEALTH CARE REIT	COM	42217k106	682	8,820	SH		SOLE		0	0	8,820
HELMERICH & PAYNE	COM	423452101	273	4,019	SH		SOLE		0	0	4,019
HERSHEY COMPANY	COM	427866108	2,371	23,500	SH		SOLE		0	0	23,500
HERSHEY COMPANY	COM	427866108	50	500	SH		OTR		0	0	500
HOLLY ENERGY PARTNERS LP	COM	435763107	437	13,920	SH		SOLE		0	0	13,920
HOME DEPOT	COM	437076102	9,072	79,858	SH		SOLE		0	0	79,858
HONEYWELL INTERNATIONAL	COM	438516106	5,536	53,081	SH		SOLE		0	0	53,081
IBM	COM	459200101	8,115	50,565	SH		SOLE		0	0	50,565
IBM	COM	459200101	64	400	SH		OTR		0	0	400
ILLINOIS TOOL WORKS	COM	452308109	502	5,174	SH		SOLE		0	0	5,174
INGERSOLL RAND	COM	G47791101	2,927	42,995	SH		SOLE		0	0	42,995
INOVIO PHARMACEUTICALS COM NEW	COM	45773H201	95	11,700	SH		SOLE		0	0	11,700
INTEL	COM	458140100	1,046	33,475	SH		SOLE		0	0	33,475
INTERNATIONAL PAPER	COM	460146103	3,001	54,084	SH		SOLE		0	0	54,084
ISHARES TR DJ OIL EQUIP	COM	464288844	735	15,654	SH		SOLE		0	0	15,654
ISHARES TR DJ OIL EQUIP	COM	464288844	23	500	SH		OTR		0	0	500
ISHARES TR DJ PHARMA INDX	COM	464288836	7,458	43,255	SH		SOLE		0	0	43,255
ISHARES TR DJ US FINL SEC	COM	464287788	686	7,710	SH		SOLE		0	0	7,710
ISHARES TR DJ US REAL EST	COM	464287739	378	4,775	SH		SOLE		0	0	4,775
ISHARES TR MSCI INDIA ETF	COM	46429B598	1,036	32,400	SH		SOLE		0	0	32,400
ISHARES TR RESIDENT INDEX	COM	464288562	290	4,673	SH		SOLE		0	0	4,673
ISHARES TR S&P GL C STAPL	COM	464288737	358	3,915	SH		SOLE		0	0	3,915
JOHNSON & JOHNSON	COM	478160104	11,115	110,490	SH		SOLE		0	0	110,490
JOHNSON CONTROLS	COM	478366107	358	7,100	SH		SOLE		0	0	7,100
JONES LANG LASALLE	COM	48020Q107	715	4,200	SH		SOLE		0	0	4,200
JP MORGAN CHASE	COM	46625H100	5,498	90,771	SH		SOLE		0	0	90,771
JP MORGAN CHASE	COM	46625H100	18	300	SH		OTR		0	0	300
JPMORGAN CHASE & CO ALERIAN ML	COM	46625H365	368	8,600	SH		SOLE		0	0	8,600
KAYNE ANDERSON MLP	COM	486606106	1,099	30,976	SH		SOLE		0	0	30,976
KELLOGG	COM	487836108	263	4,000	SH		SOLE		0	0	4,000
KIMBERLY CLARK	COM	494368103	1,536	14,346	SH		SOLE		0	0	14,346
KIMBERLY CLARK	COM	494368103	32	300	SH		OTR		0	0	300
KINDER MORGAN	COM	49456B101	4,164	99,019	SH		SOLE		0	0	99,019
KROGER	COM	501044101	2,758	35,983	SH		SOLE		0	0	35,983
LABORATORY CORP OF AMERICA	COM	50540R409	428	3,400	SH		SOLE		0	0	3,400
LAM RESEARCH	COM	512807108	438	6,250	SH		SOLE		0	0	6,250
LEAR CORP	COM	521865204	1,310	11,825	SH		SOLE		0	0	11,825
LINCOLN NATIONAL	COM	534187109	215	3,750	SH		SOLE		0	0	3,750
LINKEDIN CORP COM CL A	COM	53578A108	287	1,150	SH		SOLE		0	0	1,150
LOCKHEED MARTIN	COM	539830109	1,635	8,058	SH		SOLE		0	0	8,058
LOWES COMPANIES	COM	548661107	2,057	27,665	SH		SOLE		0	0	27,665
MAGELLAN MIDSTREAM PARTNERS LP	COM	559080106	8,241	107,432	SH		SOLE		0	0	107,432
MAGELLAN MIDSTREAM PARTNERS LP	COM	559080106	92	1,200	SH		OTR		0	0	1,200
MAGNA INTL INC CL A	COM	559222401	627	11,700	SH		SOLE		0	0	11,700
MANNKIND CORP COM	COM	56400P201	52	10,000	SH		SOLE		0	0	10,000
MARKET VECTORS ETF TR BIOTECH	COM	57060U183	6,506	50,211	SH		SOLE		0	0	50,211
MARKWEST ENERGY PARTNERS LP ML	COM	570759100	1,013	15,340	SH		SOLE		0	0	15,340
MASTERCARD INC COM	COM	57636Q104	973	11,270	SH		SOLE		0	0	11,270
MCCORMICK & CO INC COM NON VTG	COM	579780206	304	3,950	SH		SOLE		0	0	3,950
MCDONALDS	COM	580135101	5,871	60,254	SH		SOLE		0	0	60,254
MCKESSON	COM	58155Q103	2,442	10,800	SH		SOLE		0	0	10,800
MEAD JOHNSON NUTRI CO COM CL A	COM	582839106	1,400	13,935	SH		SOLE		0	0	13,935
MEDIVATION INC COM	COM	58501N101	245	1,900	SH		SOLE		0	0	1,900
MEDTRONIC	COM	G5960L103	643	8,250	SH		SOLE		0	0	8,250
MERCK & CO INC NEW COM	COM	58933Y105	2,935	51,069	SH		SOLE		0	0	51,069
MERRIMACK PHARMACEUTIC COM	COM	590328100	191	16,142	SH		SOLE		0	0	16,142
MICROSOFT	COM	594918104	2,098	51,619	SH		SOLE		0	0	51,619
MID-AMERICA APARTMENT COMMUNIT	COM	59522J103	224	2,900	SH		SOLE		0	0	2,900
MIMEDX GROUP INC COM	COM	602496101	208	20,000	SH		SOLE		0	0	20,000
MMM (3M COMPANY)	COM	88579Y101	11,074	67,136	SH		SOLE		0	0	67,136
MONDELEZ INTL INC CL A	COM	609207105	383	10,636	SH		SOLE		0	0	10,636
MONMOUTH REAL EST INVT CL A	COM	609720107	128	11,585	SH		SOLE		0	0	11,585
MRI INTERVENTIONS INC COM	COM	55347P100	83	80,000	SH		SOLE		0	0	80,000
MSCI EAFE	COM	464287465	3,536	55,113	SH		SOLE		0	0	55,113
MSCI EMERGING MARKET	COM	464287234	405	10,104	SH		SOLE		0	0	10,104
MSCI JAPAN	COM	464286848	128	10,250	SH		SOLE		0	0	10,250
NATIONAL FUEL GAS	COM	636180101	275	4,570	SH		SOLE		0	0	4,570
NATIONAL OILWELL VARCO	COM	637071101	236	4,725	SH		SOLE		0	0	4,725
NETEASE.COM ADR	COM	64110W102	426	4,050	SH		SOLE		0	0	4,050
NEW JERSEY RESOURCES	COM	646025106	389	12,540	SH		SOLE		0	0	12,540
NEXTERA ENERGY INC COM	COM	65339F101	960	9,234	SH		SOLE		0	0	9,234
NIKE	COM	654106103	591	5,900	SH		SOLE		0	0	5,900
NORFOLK SOUTHERN	COM	655844108	1,412	13,724	SH		SOLE		0	0	13,724
NORTHROP GRUMMAN	COM	666807102	830	5,162	SH		SOLE		0	0	5,162
NOVARTIS AG ADR	COM	66987V109	1,471	14,927	SH		SOLE		0	0	14,927
NUSTAR GP HOLDINGS LLC UNIT RE	COM	67059L102	237	6,700	SH		SOLE		0	0	6,700
OCCIDENTAL PETROLEUM	COM	674599105	719	9,858	SH		SOLE		0	0	9,858
OCCIDENTAL PETROLEUM	COM	674599105	15	210	SH		OTR		0	0	210
ONEOK	COM	682680103	240	4,990	SH		SOLE		0	0	4,990
ONEOK PARTNERS LP MLP	COM	68268N103	1,296	31,757	SH		SOLE		0	0	31,757
ORACLE	COM	68389X105	904	20,960	SH		SOLE		0	0	20,960
OTTER TAIL	COM	689648103	265	8,250	SH		SOLE		0	0	8,250
PALL	COM	696429307	235	2,350	SH		SOLE		0	0	2,350
PENTAIR PLC SHS	COM	G7S00T104	253	4,037	SH		SOLE		0	0	4,037
PEPSICO	COM	713448108	9,000	94,122	SH		SOLE		0	0	94,122
PEPSICO	COM	713448108	47	500	SH		OTR		0	0	500
PERRIGO CO PCL SHS	COM	G97822103	1,390	8,400	SH		SOLE		0	0	8,400
PFIZER	COM	717081103	1,735	49,882	SH		SOLE		0	0	49,882
PG & E	COM	69331C108	384	7,250	SH		SOLE		0	0	7,250
PHILIP MORRIS INTL INC COM	COM	718172109	1,897	25,185	SH		SOLE		0	0	25,185
PIEDMONT NATURAL GAS	COM	720186105	697	18,895	SH		SOLE		0	0	18,895
PIEDMONT NATURAL GAS	COM	720186105	44	1,200	SH		OTR		0	0	1,200
PIONEER NATURAL RESOURCES	COM	723787107	8,559	52,350	SH		SOLE		0	0	52,350
PLAINS ALL AMERICAN PIPELINE L	COM	726503105	3,267	67,002	SH		SOLE		0	0	67,002
PLAINS ALL AMERICAN PIPELINE L	COM	726503105	39	800	SH		OTR		0	0	800
POWERSHARES DYNAMIC BIOTECH &	COM	73935x856	238	4,323	SH		SOLE		0	0	4,323
POWERSHARES ETF TRUST CON STAP	COM	73935X393	603	11,195	SH		SOLE		0	0	11,195
POWERSHARES ETF TRUST ENERGY S	COM	73935X385	426	9,014	SH		SOLE		0	0	9,014
POWERSHARES ETF TRUST NASD INT	COM	73935X146	220	3,140	SH		SOLE		0	0	3,140
POWERSHARES ETF TRUST WATER RE	COM	73935X575	234	9,420	SH		SOLE		0	0	9,420
POWERSHARES QQQ TRUST UNIT SER	COM	73935A104	13,761	130,313	SH		SOLE		0	0	130,313
POWERSHARES QQQ TRUST UNIT SER	COM	73935A104	31	300	SH		OTR		0	0	300
PPG INDUSTRIES	COM	693506107	208	925	SH		SOLE		0	0	925
PPL	COM	69351T106	407	12,109	SH		SOLE		0	0	12,109
PREFERRED APT CMNTYS COM	COM	74039L103	281	26,000	SH		SOLE		0	0	26,000
PROCTER & GAMBLE	COM	742718109	8,405	102,583	SH		SOLE		0	0	102,583
PROCTER & GAMBLE	COM	742718109	32	400	SH		OTR		0	0	400
PRUDENTIAL FINANCIAL	COM	744320102	249	3,104	SH		SOLE		0	0	3,104
PUBLIC SERVICE ENTERPRISE GROU	COM	744573106	2,048	48,873	SH		SOLE		0	0	48,873
PUBLIC SERVICE ENTERPRISE GROU	COM	744573106	75	1,812	SH		OTR		0	0	1,812
RAYTHEON	COM	755111507	202	1,852	SH		SOLE		0	0	1,852
REALTY INCOME CORP COM	COM	756109104	232	4,500	SH		SOLE		0	0	4,500
REGENERON PHARMA INC COM	COM	75886F107	462	1,025	SH		SOLE		0	0	1,025
REYNOLDS AMERICAN	COM	761713106	441	6,400	SH		SOLE		0	0	6,400
ROCKWELL AUTOMATION	COM	773903109	1,427	12,307	SH		SOLE		0	0	12,307
ROCKWELL COLLINS INC COM	COM	774341101	223	2,317	SH		SOLE		0	0	2,317
ROPER INDUSTRIES	COM	776696106	688	4,000	SH		SOLE		0	0	4,000
ROSE ROCK MIDSTREAM L COM U RE	COM	777149105	638	13,450	SH		SOLE		0	0	13,450
ROYAL DUTCH CL A ADR NEW	COM	780259206	657	11,029	SH		SOLE		0	0	11,029
ROYAL DUTCH CL A ADR NEW	COM	780259206	24	413	SH		OTR		0	0	413
RUSSELL MIDCAP GROWTH	COM	464287481	1,292	13,196	SH		SOLE		0	0	13,196
SCANA	COM	80589M102	216	3,944	SH		SOLE		0	0	3,944
SCHLUMBERGER	COM	806857108	4,085	48,962	SH		SOLE		0	0	48,962
SCHLUMBERGER	COM	806857108	33	400	SH		OTR		0	0	400
SEALED AIR	COM	81211K100	227	5,000	SH		SOLE		0	0	5,000
SELECT SECTOR SPDR TR SBI CONS	COM	81369Y407	401	5,325	SH		SOLE		0	0	5,325
SELECT SECTOR SPDR TR SBI CONS	COM	81369Y308	1,650	33,863	SH		SOLE		0	0	33,863
SELECT SECTOR SPDR TR SBI INT-	COM	81369Y605	7,354	305,037	SH		SOLE		0	0	305,037
SELECT SECTOR SPDR TR SBI INT-	COM	81369Y605	24	1,000	SH		OTR		0	0	1,000
SIEMENS A G SPONSORED ADR	COM	826197501	1,980	18,300	SH		SOLE		0	0	18,300
SIMON PROPERTY	COM	828806109	691	3,536	SH		SOLE		0	0	3,536
SKYWORKS SOLUTIONS	COM	83088m102	946	9,625	SH		SOLE		0	0	9,625
SMUCKER JM	COM	832696405	318	2,750	SH		SOLE		0	0	2,750
SOUTHERN COMPANY	COM	842587107	1,970	44,490	SH		SOLE		0	0	44,490
SP 500 GROWTH	COM	464287309	307	2,702	SH		SOLE		0	0	2,702
SPDR DOW JONES INDL AV UT SER	COM	78467X109	6,727	37,887	SH		SOLE		0	0	37,887
SPDR ENERGY	COM	81369Y506	2,805	36,159	SH		SOLE		0	0	36,159
SPDR HEALTH CARE	COM	81369y209	19,700	271,735	SH		SOLE		0	0	271,735
SPDR INDEX SHS FDS DJWS INTL R	COM	78463X863	5,951	137,390	SH		SOLE		0	0	137,390
SPDR INDUSTRIAL SECTOR	COM	81369y704	3,574	64,100	SH		SOLE		0	0	64,100
SPDR MATERIALS SECTOR	COM	81369y100	1,415	29,014	SH		SOLE		0	0	29,014
SPDR MATERIALS SECTOR	COM	81369y100	4	100	SH		OTR		0	0	100
SPDR MID CAP 400	COM	78467Y107	314	1,134	SH		SOLE		0	0	1,134
SPDR SERIES TRUST S&P BIOTECH	COM	78464A870	2,592	11,495	SH		SOLE		0	0	11,495
SPDR SERIES TRUST S&P OILGAS E	COM	78464a730	259	5,025	SH		SOLE		0	0	5,025
SPDR SERIES TRUST S&P RETAIL E	COM	78464A714	729	7,217	SH		SOLE		0	0	7,217
SPDR SERIES TRUST S&P RETAIL E	COM	78464A714	35	350	SH		OTR		0	0	350
SPDR SERIES TRUST S&P SEMICNDC	COM	78464A862	355	4,050	SH		SOLE		0	0	4,050
SPDR SP500 TRUST SR 1	COM	78462F103	9,622	46,611	SH		SOLE		0	0	46,611
SPDR UTILITIES SELECT	COM	81369Y886	2,497	56,219	SH		SOLE		0	0	56,219
ST JUDE MEDICAL	COM	790849103	1,240	18,975	SH		SOLE		0	0	18,975
STANLEY BLACK & DECKER COM	COM	854502101	348	3,650	SH		SOLE		0	0	3,650
STARBUCKS	COM	855244109	3,699	39,065	SH		SOLE		0	0	39,065
STARWOOD PPTY TR INC COM	COM	85571B105	713	29,350	SH		SOLE		0	0	29,350
STATE STREET	COM	857477103	356	4,850	SH		SOLE		0	0	4,850
STREETTRACKS GOLD SHARES	COM	78463v107	442	3,897	SH		SOLE		0	0	3,897
STREETTRACKS INDEX SHS S&P CHI	COM	78463x400	431	5,100	SH		SOLE		0	0	5,100
STREETTRACKS MORGAN STANLEY TE	COM	78464a102	1,874	18,680	SH		SOLE		0	0	18,680
STRYKER	COM	863667101	1,683	18,250	SH		SOLE		0	0	18,250
SUBURBAN PROPANE PARTNERS LP	COM	864482104	256	5,974	SH		SOLE		0	0	5,974
SUNOCO LOGISTICS PT LP COM UNI	COM	86764L108	508	12,300	SH		SOLE		0	0	12,300
T ROWE PRICE	COM	74144t108	359	4,440	SH		SOLE		0	0	4,440
T-MOBILE US INC COM	COM	872590104	673	21,250	SH		SOLE		0	0	21,250
TARGA RES CORP COM	COM	87612G101	209	2,190	SH		SOLE		0	0	2,190
TARGA RES PARTNERS LP COM UNIT	COM	87611X105	457	11,053	SH		SOLE		0	0	11,053
TATA MTRS LTD SPONSORED ADR	COM	876568502	460	10,230	SH		SOLE		0	0	10,230
TECHNOLOGY SELECT SECT SPDR	COM	81369Y803	3,886	93,780	SH		SOLE		0	0	93,780
TEEKAY LNG PARTNERS LP MLP	COM	y8564M105	267	7,160	SH		SOLE		0	0	7,160
TELUS CORP COM	COM	87971M103	426	12,820	SH		SOLE		0	0	12,820
TIME WARNER	COM	887317303	369	4,375	SH		SOLE		0	0	4,375
TITAN MED INC COM	COM	88830X108	29	20,450	SH		SOLE		0	0	20,450
TOWERS WATSON & CO CL A	COM	891894107	1,460	11,050	SH		SOLE		0	0	11,050
TOYOTA MOTOR ADR	COM	892331307	1,021	7,300	SH		SOLE		0	0	7,300
TRACTOR SUPPLY	COM	892356106	242	2,850	SH		SOLE		0	0	2,850
TRANSCANADA	COM	89353D107	205	4,800	SH		SOLE		0	0	4,800
TRANSMONTAIGNE PARTNERS LP MLP	COM	89376v100	747	23,175	SH		SOLE		0	0	23,175
TRAVELERS COMPANIES COM	COM	89417E109	276	2,557	SH		SOLE		0	0	2,557
UBS AG JERSEY BRH ALERIAN INFR	COM	902641646	2,990	78,818	SH		SOLE		0	0	78,818
UGI CORP	COM	902681105	1,200	36,850	SH		SOLE		0	0	36,850
UGI CORP	COM	902681105	131	4,050	SH		OTR		0	0	4,050
UNION PACIFIC	COM	907818108	6,269	57,889	SH		SOLE		0	0	57,889
UNION PACIFIC	COM	907818108	173	1,600	SH		OTR		0	0	1,600
UNITED PARCEL SERVICE CL B	COM	911312106	2,520	26,001	SH		SOLE		0	0	26,001
UNITED RENTALS	COM	911363109	427	4,695	SH		SOLE		0	0	4,695
UNITED TECHNOLOGIES	COM	913017109	12,120	103,416	SH		SOLE		0	0	103,416
UNITED TECHNOLOGIES	COM	913017109	46	400	SH		OTR		0	0	400
UNITEDHEALTH GROUP	COM	91324P102	903	7,641	SH		SOLE		0	0	7,641
VALEANT PHARMACEUTICAL COM	COM	91911K102	2,965	14,931	SH		SOLE		0	0	14,931
VANGUARD EMERGING MARKETS VIPE	COM	922042858	3,570	87,366	SH		SOLE		0	0	87,366
VANGUARD INDEX FDS GROWTH ETF	COM	922908736	263	2,519	SH		SOLE		0	0	2,519
VANGUARD INTL EQTY IDX ALLWRLD	COM	922042775	302	6,200	SH		SOLE		0	0	6,200
VANGUARD SPECIALIZED DIV APP E	COM	921908844	274	3,407	SH		SOLE		0	0	3,407
VANGUARD TELECOM SERVICES VIPE	COM	92204A884	1,243	14,379	SH		SOLE		0	0	14,379
VANGUARD VALUE ETF	COM	922908744	211	2,524	SH		SOLE		0	0	2,524
VANGUARD WORLD FDS HEALTH CAR	COM	92204A504	1,621	11,968	SH		SOLE		0	0	11,968
VANGUARD WORLD FDS INF TECH ET	COM	92204A702	9,628	90,394	SH		SOLE		0	0	90,394
VENTAS	COM	92276F100	226	3,100	SH		SOLE		0	0	3,100
VERIZON COMMUNICATIONS	COM	92343V104	12,175	250,374	SH		SOLE		0	0	250,374
VERIZON COMMUNICATIONS	COM	92343V104	176	3,628	SH		OTR		0	0	3,628
VIACOM CL B NEW	COM	92553P201	301	4,415	SH		SOLE		0	0	4,415
VISA INC COM CL A	COM	92826C839	2,779	42,500	SH		SOLE		0	0	42,500
VODAFONE GROUP PLC ADR	COM	92857W308	308	9,431	SH		SOLE		0	0	9,431
VODAFONE GROUP PLC ADR	COM	92857W308	24	754	SH		OTR		0	0	754
WAL-MART STORES	COM	931142103	3,005	36,546	SH		SOLE		0	0	36,546
WALGREENS BOOTS ALLIAN COM	COM	931427108	1,524	18,000	SH		SOLE		0	0	18,000
WALT DISNEY	COM	254687106	10,314	98,336	SH		SOLE		0	0	98,336
WELLS FARGO	COM	949746101	2,158	39,675	SH		SOLE		0	0	39,675
WESTAR ENERGY	COM	95709T100	424	10,950	SH		SOLE		0	0	10,950
WESTERN GAS PARTNRS LP COM UNI	COM	958254104	535	8,125	SH		SOLE		0	0	8,125
WEYERHAEUSER	COM	962166104	606	18,300	SH		SOLE		0	0	18,300
WHIRLPOOL	COM	963320106	323	1,600	SH		SOLE		0	0	1,600
WHOLE FOODS MKT INC COM	COM	966837106	1,088	20,900	SH		SOLE		0	0	20,900
WILLIAMS PARTNERS L P COM UNIT	COM	96949L105	713	14,492	SH		SOLE		0	0	14,492
WISCONSIN ENERGY	COM	976657106	200	4,042	SH		SOLE		0	0	4,042
WISDOMTREE TR EUROPE HEDGED EQ	COM	97717X701	10,052	151,986	SH		SOLE		0	0	151,986
WISDOMTREE TRUST LRGECP VALUE	COM	97717W547	689	10,352	SH		SOLE		0	0	10,352
YAHOO	COM	984332106	4,010	90,245	SH		SOLE		0	0	90,245
YUM! BRANDS	COM	988498101	1,099	13,965	SH		SOLE		0	0	13,965
CONSULTING GRP CAP MKT GV MONE	MF	210474102	28	28,049	SH		SOLE		0	0	28,049
CONSULTING GRP CAP MKT HI YLD	MF	210474839	55	13,562	SH		SOLE		0	0	13,562
LORD ABBETT BD DEB FD CL A	MF	544004104	87	10,756	SH		SOLE		0	0	10,756
LORD ABBETT INVT TR SH DURA IN	MF	543916100	49	11,123	SH		SOLE		0	0	11,123
LORD ABBETT INVT TR SH DURA IN	MF	543916464	76	17,064	SH		SOLE		0	0	17,064
ISHARES TR US PFD STK IDX	PFD	464288687	352	8,792	SH		SOLE		0	0	8,792
MANNKIND CORP WT 020816	WT	56400P508	33	20,000	SH		SOLE		0	0	20,000