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	587	7,725	SH		SOLE		0	0	7,725
BAYER A G SPONSORED ADR	ADR	072730302	355	2,850	SH		SOLE		0	0	2,850
DAIMLER AG SPONSORED ADR	ADR	233825108	874	10,450	SH		SOLE		0	0	10,450
DEUTSCHE POST AG SPONSORED ADR	ADR	25157Y202	383	13,800	SH		SOLE		0	0	13,800
DEUTSCHE TELEKOM AG SPONSORED	ADR	251566105	371	20,775	SH		SOLE		0	0	20,775
DIAGEO ADR	ADR	25243Q205	705	6,470	SH		SOLE		0	0	6,470
NESTLE S A SPONSORED ADR	ADR	641069406	6,734	90,499	SH		SOLE		0	0	90,499
ROCHE HLDG LTD SPONSORED ADR	ADR	771195104	937	27,200	SH		SOLE		0	0	27,200
SHIRE PLC SPONSORED ADR	ADR	82481R106	868	4,235	SH		SOLE		0	0	4,235
SHIRE PLC SPONSORED ADR	ADR	82481R106	123	600	SH		OTR		0	0	600
UNILEVER PLC ADR	ADR	904767704	1,121	26,013	SH		SOLE		0	0	26,013
ABBOTT LABORATORIES	COM	002824100	462	10,301	SH		SOLE		0	0	10,301
ABBVIE INC. COM	COM	00287Y109	672	11,351	SH		SOLE		0	0	11,351
ADOBE SYSTEMS	COM	00724F101	263	2,810	SH		SOLE		0	0	2,810
AETNA	COM	00817Y108	704	6,520	SH		SOLE		0	0	6,520
AETNA	COM	00817Y108	129	1,200	SH		OTR		0	0	1,200
AFLAC	COM	001055102	2,248	37,536	SH		SOLE		0	0	37,536
AFLAC	COM	001055102	44	750	SH		OTR		0	0	750
AIR PRODUCTS & CHEMICALS	COM	009158106	1,232	9,475	SH		SOLE		0	0	9,475
ALIBABA GROUP HLDG LTD SPONSOR	COM	01609W102	321	3,950	SH		SOLE		0	0	3,950
ALLEGION PUB LTD CO ORD SHS	COM	G0176J109	754	11,438	SH		SOLE		0	0	11,438
ALLERGAN PLC SHS	COM	G0177J108	1,405	4,499	SH		SOLE		0	0	4,499
ALPHABET INC CAP STK CL A	COM	02079K305	4,247	5,460	SH		SOLE		0	0	5,460
ALPHABET INC CAP STK CL C	COM	02079K107	4,624	6,094	SH		SOLE		0	0	6,094
ALPS ETF TR ALERIAN MLP	COM	00162Q866	218	18,105	SH		SOLE		0	0	18,105
ALPS ETF TR MED BREAKTHGH	COM	00162Q593	439	13,850	SH		SOLE		0	0	13,850
ALTRIA GROUP	COM	02209S103	10,163	174,596	SH		SOLE		0	0	174,596
ALTRIA GROUP	COM	02209S103	34	600	SH		OTR		0	0	600
AMAZON	COM	023135106	9,875	14,611	SH		SOLE		0	0	14,611
AMERICAN CAP AGY CORP COM	COM	02503X105	280	16,182	SH		SOLE		0	0	16,182
AMERICAN ELECTRIC POWER	COM	025537101	1,351	23,201	SH		SOLE		0	0	23,201
AMERICAN EXPRESS	COM	025816109	1,466	21,090	SH		SOLE		0	0	21,090
AMERICAN INTL GROUP COM NEW	COM	026874784	6,066	97,887	SH		SOLE		0	0	97,887
AMERICAN STATES WATER	COM	029899101	753	17,950	SH		SOLE		0	0	17,950
AMERICAN WTR WKS CO IN COM	COM	030420103	988	16,550	SH		SOLE		0	0	16,550
AMERISOURCEBERGEN	COM	03073e105	228	2,200	SH		SOLE		0	0	2,200
AMGEN	COM	031162100	1,771	10,910	SH		SOLE		0	0	10,910
AMGEN	COM	031162100	413	2,550	SH		OTR		0	0	2,550
ANADARKO PETROLEUM	COM	032511107	292	6,030	SH		SOLE		0	0	6,030
ANHEUSER BUSCH INBEV SPONSORED	COM	03524A108	221	1,770	SH		SOLE		0	0	1,770
APACHE	COM	037411105	504	11,350	SH		SOLE		0	0	11,350
APPLE COMPUTER	COM	037833100	22,780	216,424	SH		SOLE		0	0	216,424
AQUA AMERICA	COM	03836W103	287	9,649	SH		SOLE		0	0	9,649
ARMOUR RESIDENTIAL REI COM NEW	COM	042315507	248	11,420	SH		SOLE		0	0	11,420
ASHLAND NEW	COM	044209104	508	4,950	SH		SOLE		0	0	4,950
AT&T, INC.	COM	00206R102	5,551	161,332	SH		SOLE		0	0	161,332
AT&T, INC.	COM	00206R102	266	7,733	SH		OTR		0	0	7,733
ATHENAHEALTH INC COM	COM	04685W103	362	2,250	SH		SOLE		0	0	2,250
ATMOS ENERGY	COM	049560105	464	7,369	SH		SOLE		0	0	7,369
AUTOMATIC DATA PROCESSING	COM	053015103	387	4,574	SH		SOLE		0	0	4,574
BAIDU.COM ADS	COM	056752108	206	1,095	SH		SOLE		0	0	1,095
BAIDU.COM ADS	COM	056752108	28	150	SH		OTR		0	0	150
BALLARD POWER SYSTEMS	COM	05858H104	15	10,000	SH		SOLE		0	0	10,000
BANK OF AMERICA	COM	060505104	497	29,558	SH		SOLE		0	0	29,558
BARD (C.R.) INC	COM	067383109	345	1,826	SH		SOLE		0	0	1,826
BARD (C.R.) INC	COM	067383109	571	3,015	SH		OTR		0	0	3,015
BAXALTA INC COM	COM	07177M103	841	21,570	SH		SOLE		0	0	21,570
BAXTER INTERNATIONAL	COM	071813109	935	24,520	SH		SOLE		0	0	24,520
BECTON DICKINSON	COM	075887109	1,947	12,638	SH		SOLE		0	0	12,638
BELL CANADA ENTERPRISES (NEW)	COM	05534B760	675	17,500	SH		SOLE		0	0	17,500
BERKSHIRE HATHAWAY INC CL B NE	COM	084670702	4,918	37,247	SH		SOLE		0	0	37,247
BERKSHIRE HATHAWAY INC CL B NE	COM	084670702	66	500	SH		OTR		0	0	500
BIOGEN IDEC INC	COM	09062X103	275	900	SH		SOLE		0	0	900
BIOTECHNOLOGY	COM	464287556	4,308	12,735	SH		SOLE		0	0	12,735
BIOTECHNOLOGY	COM	464287556	270	800	SH		OTR		0	0	800
BLACK HILLS	COM	092113109	520	11,200	SH		SOLE		0	0	11,200
BLACKSTONE GROUP L P COM UNIT	COM	09253U108	280	9,600	SH		SOLE		0	0	9,600
BOEING	COM	097023105	7,799	53,943	SH		SOLE		0	0	53,943
BOEING	COM	097023105	28	200	SH		OTR		0	0	200
BRISTOL MYERS SQUIBB	COM	110122108	2,701	39,270	SH		SOLE		0	0	39,270
BROWN FORMAN CORP CL A	COM	115637100	220	2,000	SH		SOLE		0	0	2,000
BROWN FORMAN CORP CL B	COM	115637209	551	5,550	SH		SOLE		0	0	5,550
BT GROUP PLC ADR	COM	05577E101	1,027	29,700	SH		SOLE		0	0	29,700
BWX TECHNOLOGIES INC COM	COM	05605H100	295	9,300	SH		SOLE		0	0	9,300
CANADIAN NATIONAL RAILWAY	COM	136375102	447	8,000	SH		SOLE		0	0	8,000
CANADIAN PACIFIC RAILWAY LTD	COM	13645T100	1,477	11,580	SH		SOLE		0	0	11,580
CANADIAN PACIFIC RAILWAY LTD	COM	13645T100	25	200	SH		OTR		0	0	200
CARDINAL HEALTH	COM	14149Y108	276	3,093	SH		SOLE		0	0	3,093
CASEYS GEN STORES COM	COM	147528103	433	3,600	SH		SOLE		0	0	3,600
CATERPILLAR	COM	149123101	1,552	22,840	SH		SOLE		0	0	22,840
CBS CL B	COM	124857202	763	16,200	SH		SOLE		0	0	16,200
CDW CORP COM	COM	12514G108	319	7,600	SH		SOLE		0	0	7,600
CELANESE CORP DEL COM SER A	COM	150870103	203	3,025	SH		SOLE		0	0	3,025
CELGENE	COM	151020104	4,527	37,801	SH		SOLE		0	0	37,801
CENTERPOINT ENERGY	COM	15189t107	2,907	158,346	SH		SOLE		0	0	158,346
CERNER	COM	156782104	348	5,800	SH		SOLE		0	0	5,800
CHEVRON CORP	COM	166764100	4,101	45,589	SH		SOLE		0	0	45,589
CHEVRON CORP	COM	166764100	411	4,576	SH		OTR		0	0	4,576
CHINA GOLD CORP COM	COM	16938L106	0	140,000	SH		SOLE		0	0	140,000
CIGNA	COM	125509109	2,332	15,940	SH		SOLE		0	0	15,940
CISCO SYSTEMS	COM	17275R102	1,044	38,453	SH		SOLE		0	0	38,453
CITIGROUP	COM	172967424	3,074	59,405	SH		SOLE		0	0	59,405
CLEARBRIDGE ENERGY MLP COM	COM	184692101	253	16,703	SH		SOLE		0	0	16,703
CLOROX COMPANY	COM	189054109	924	7,293	SH		SOLE		0	0	7,293
COCA COLA	COM	191216100	6,937	161,488	SH		SOLE		0	0	161,488
COLGATE PALMOLIVE	COM	194162103	2,453	36,835	SH		SOLE		0	0	36,835
COMCAST CORP CL A	COM	20030N101	2,737	48,513	SH		SOLE		0	0	48,513
CONOCOPHILLIPS	COM	20825C104	1,215	26,025	SH		SOLE		0	0	26,025
CONSOLIDATED EDISON	COM	209115104	1,657	25,786	SH		SOLE		0	0	25,786
CONSTELLATION BRANDS	COM	21036P108	1,197	8,410	SH		SOLE		0	0	8,410
CORNING	COM	219350105	187	10,270	SH		SOLE		0	0	10,270
COSTCO WHOLESALE	COM	22160K105	610	3,780	SH		SOLE		0	0	3,780
CSX	COM	126408103	1,798	69,308	SH		SOLE		0	0	69,308
CVS CORP	COM	126650100	1,414	14,464	SH		SOLE		0	0	14,464
DANAHER	COM	235851102	668	7,200	SH		SOLE		0	0	7,200
DAVITA	COM	23918K108	339	4,866	SH		SOLE		0	0	4,866
DJ US ENERGY	COM	464287796	444	13,126	SH		SOLE		0	0	13,126
DJ US HEALTHCARE	COM	464287762	8,328	55,518	SH		SOLE		0	0	55,518
DJ US HEALTHCARE PROVIDERS	COM	464288828	3,221	25,908	SH		SOLE		0	0	25,908
DJ US MEDICAL DEVICES	COM	464288810	1,932	15,780	SH		SOLE		0	0	15,780
DJ US TECHNOLOGY	COM	464287721	1,792	16,744	SH		SOLE		0	0	16,744
DJ US UTILITIES SECTOR	COM	464287697	402	3,725	SH		SOLE		0	0	3,725
DJ US UTILITIES SECTOR	COM	464287697	53	500	SH		OTR		0	0	500
DOMINION RESOURCES	COM	25746U109	2,945	43,540	SH		SOLE		0	0	43,540
DOMINION RESOURCES	COM	25746U109	67	1,000	SH		OTR		0	0	1,000
DOW CHEMICAL	COM	260543103	1,397	27,150	SH		SOLE		0	0	27,150
DU PONT	COM	263534109	4,891	73,440	SH		SOLE		0	0	73,440
DU PONT	COM	263534109	33	500	SH		OTR		0	0	500
DUKE ENERGY CORP NEW	COM	26441c204	2,240	31,378	SH		SOLE		0	0	31,378
DUKE REALTY INVESTMENTS	COM	264411505	649	30,906	SH		SOLE		0	0	30,906
EASTMAN CHEMICAL	COM	277432100	337	5,000	SH		SOLE		0	0	5,000
EATON CORP PLC SHS	COM	G29183103	603	11,600	SH		SOLE		0	0	11,600
ECOLAB	COM	278865100	200	1,750	SH		SOLE		0	0	1,750
EDISON INTERNATIONAL	COM	281020107	521	8,812	SH		SOLE		0	0	8,812
EDWARDS LIFESCIENCES	COM	28176E108	363	4,604	SH		SOLE		0	0	4,604
ELI LILLY	COM	532457108	1,513	17,959	SH		SOLE		0	0	17,959
EMC	COM	268648102	452	17,636	SH		SOLE		0	0	17,636
EMERSON ELECTRIC	COM	291011104	326	6,825	SH		SOLE		0	0	6,825
ENERGY TRANSFER EQUITY COM UT	COM	29273V100	391	28,500	SH		SOLE		0	0	28,500
ENERGY TRANSFER PARTNERS LP ML	COM	29273R109	201	5,983	SH		SOLE		0	0	5,983
ENTERPRISE PRODUCTS PARTNERS L	COM	293792107	4,634	181,159	SH		SOLE		0	0	181,159
ENTERPRISE PRODUCTS PARTNERS L	COM	293792107	46	1,810	SH		OTR		0	0	1,810
EOG RESOURCES	COM	26875P101	231	3,275	SH		SOLE		0	0	3,275
EQUITY RESIDENTIAL	COM	29476L107	257	3,155	SH		SOLE		0	0	3,155
ESTEE LAUDER CL A	COM	518439104	949	10,784	SH		SOLE		0	0	10,784
EVERSOURCE ENERGY COM	COM	30040W108	282	5,521	SH		SOLE		0	0	5,521
EVERSOURCE ENERGY COM	COM	30040W108	51	1,000	SH		OTR		0	0	1,000
EXPRESS SCRIPTS	COM	30219g108	653	7,475	SH		SOLE		0	0	7,475
EXXON MOBIL	COM	30231G102	12,390	158,954	SH		SOLE		0	0	158,954
EXXON MOBIL	COM	30231G102	329	4,224	SH		OTR		0	0	4,224
F M C CORP COM NEW	COM	302491303	264	6,750	SH		SOLE		0	0	6,750
FACEBOOK INC CL A	COM	30303M102	5,835	55,759	SH		SOLE		0	0	55,759
FEDEX	COM	31428x106	2,232	14,983	SH		SOLE		0	0	14,983
FIRST TR EXCH TRD FD DJ INTERN	COM	33733E302	9,216	123,533	SH		SOLE		0	0	123,533
FIRST TRUST ENERGY INCOME & GR	COM	33738g104	218	9,480	SH		SOLE		0	0	9,480
FOOT LOCKER	COM	344849104	260	4,000	SH		SOLE		0	0	4,000
FTSE/XINHUA CHINA 25	COM	464287184	220	6,240	SH		SOLE		0	0	6,240
GENERAL DYNAMICS	COM	369550108	2,422	17,635	SH		SOLE		0	0	17,635
GENERAL ELECTRIC	COM	369604103	7,438	238,788	SH		SOLE		0	0	238,788
GENERAL MILLS	COM	370334104	3,076	53,350	SH		SOLE		0	0	53,350
GENERAL MILLS	COM	370334104	34	600	SH		OTR		0	0	600
GENESIS ENERGY LP MLP	COM	371927104	317	8,635	SH		SOLE		0	0	8,635
GENUINE PARTS	COM	372460105	369	4,300	SH		SOLE		0	0	4,300
GILEAD SCIENCES	COM	375558103	1,541	15,235	SH		SOLE		0	0	15,235
GOLDMAN SACHS GROUP	COM	38141G104	444	2,465	SH		SOLE		0	0	2,465
GOLDMAN SACHS SOFTWARE	COM	464287515	811	7,820	SH		SOLE		0	0	7,820
GOLDMAN SACHS TECHNOLOGY	COM	464287549	236	2,135	SH		SOLE		0	0	2,135
GOODYEAR TIRE & RUBBER	COM	382550101	427	13,100	SH		SOLE		0	0	13,100
HDFC BANK LTD ADR REPS 3 SHS	COM	40415F101	231	3,750	SH		SOLE		0	0	3,750
HEINEKEN N V SPONSORED ADR L1	COM	423012301	1,139	26,650	SH		SOLE		0	0	26,650
HELMERICH & PAYNE	COM	423452101	305	5,700	SH		SOLE		0	0	5,700
HERSHEY COMPANY	COM	427866108	2,039	22,845	SH		SOLE		0	0	22,845
HOLLY ENERGY PARTNERS LP	COM	435763107	224	7,220	SH		SOLE		0	0	7,220
HOME DEPOT	COM	437076102	13,555	102,498	SH		SOLE		0	0	102,498
HONEYWELL INTERNATIONAL	COM	438516106	5,911	57,074	SH		SOLE		0	0	57,074
HORMEL	COM	440452100	292	3,700	SH		SOLE		0	0	3,700
IBM	COM	459200101	5,634	40,941	SH		SOLE		0	0	40,941
IBM	COM	459200101	55	400	SH		OTR		0	0	400
ILLINOIS TOOL WORKS	COM	452308109	817	8,824	SH		SOLE		0	0	8,824
ILLUMINA	COM	452327109	978	5,100	SH		SOLE		0	0	5,100
INGERSOLL RAND	COM	G47791101	2,087	37,750	SH		SOLE		0	0	37,750
INTEL	COM	458140100	1,030	29,926	SH		SOLE		0	0	29,926
INTERNATIONAL PAPER	COM	460146103	1,777	47,159	SH		SOLE		0	0	47,159
ISHARES INC MSCI SWITZERLD	COM	464286749	233	7,520	SH		SOLE		0	0	7,520
ISHARES TR DJ OIL EQUIP	COM	464288844	299	8,376	SH		SOLE		0	0	8,376
ISHARES TR DJ PHARMA INDX	COM	464288836	6,783	41,951	SH		SOLE		0	0	41,951
ISHARES TR DJ US FINL SEC	COM	464287788	707	8,010	SH		SOLE		0	0	8,010
ISHARES TR DJ US REAL EST	COM	464287739	277	3,700	SH		SOLE		0	0	3,700
ISHARES TR MSCI INDIA ETF	COM	46429B598	582	21,175	SH		SOLE		0	0	21,175
ISHARES TR RESIDENT INDEX	COM	464288562	387	6,106	SH		SOLE		0	0	6,106
ISHARES TR S&P GL C STAPL	COM	464288737	367	3,945	SH		SOLE		0	0	3,945
JOHNSON & JOHNSON	COM	478160104	11,340	110,401	SH		SOLE		0	0	110,401
JOHNSON CONTROLS	COM	478366107	387	9,800	SH		SOLE		0	0	9,800
JP MORGAN CHASE	COM	46625H100	6,171	93,458	SH		SOLE		0	0	93,458
JP MORGAN CHASE	COM	46625H100	19	300	SH		OTR		0	0	300
JPMORGAN CHASE & CO ALERIAN ML	COM	46625H365	1,461	50,452	SH		SOLE		0	0	50,452
KELLOGG	COM	487836108	567	7,850	SH		SOLE		0	0	7,850
KIMBERLY CLARK	COM	494368103	3,054	23,995	SH		SOLE		0	0	23,995
KIMBERLY CLARK	COM	494368103	38	300	SH		OTR		0	0	300
KIMCO REALTY	COM	49446R109	246	9,300	SH		SOLE		0	0	9,300
KINDER MORGAN	COM	49456B101	228	15,300	SH		SOLE		0	0	15,300
KRAFT HEINZ CO COM	COM	500754106	324	4,455	SH		SOLE		0	0	4,455
KROGER	COM	501044101	2,562	61,251	SH		SOLE		0	0	61,251
L-3 COMMUNICATIONS	COM	502424104	717	6,000	SH		SOLE		0	0	6,000
LAM RESEARCH	COM	512807108	468	5,900	SH		SOLE		0	0	5,900
LOCKHEED MARTIN	COM	539830109	1,821	8,389	SH		SOLE		0	0	8,389
LOWES COMPANIES	COM	548661107	2,209	29,060	SH		SOLE		0	0	29,060
MAGELLAN MIDSTREAM PARTNERS LP	COM	559080106	4,566	67,234	SH		SOLE		0	0	67,234
MAGELLAN MIDSTREAM PARTNERS LP	COM	559080106	81	1,200	SH		OTR		0	0	1,200
MAGNA INTL INC CL A	COM	559222401	512	12,640	SH		SOLE		0	0	12,640
MALLINCKRODT PUB LTD C SHS	COM	G5785G107	521	6,984	SH		SOLE		0	0	6,984
MARKET VECTORS ETF TR BIOTECH	COM	57060U183	5,636	44,396	SH		SOLE		0	0	44,396
MASTERCARD INC COM	COM	57636Q104	1,489	15,295	SH		SOLE		0	0	15,295
MCCORMICK & CO INC COM NON VTG	COM	579780206	936	10,950	SH		SOLE		0	0	10,950
MCDONALDS	COM	580135101	7,000	59,259	SH		SOLE		0	0	59,259
MCKESSON	COM	58155Q103	1,949	9,882	SH		SOLE		0	0	9,882
MEAD JOHNSON NUTRI CO COM CL A	COM	582839106	697	8,835	SH		SOLE		0	0	8,835
MEDTRONIC	COM	G5960L103	619	8,050	SH		SOLE		0	0	8,050
MERCK & CO INC NEW COM	COM	58933Y105	3,599	68,153	SH		SOLE		0	0	68,153
MERRIMACK PHARMACEUTIC COM	COM	590328100	127	16,142	SH		SOLE		0	0	16,142
MICROSOFT	COM	594918104	3,260	58,774	SH		SOLE		0	0	58,774
MID-AMERICA APARTMENT COMMUNIT	COM	59522J103	254	2,800	SH		SOLE		0	0	2,800
MIMEDX GROUP INC COM	COM	602496101	212	22,700	SH		SOLE		0	0	22,700
MMM (3M COMPANY)	COM	88579Y101	10,100	67,051	SH		SOLE		0	0	67,051
MONDELEZ INTL INC CL A	COM	609207105	392	8,744	SH		SOLE		0	0	8,744
MRI INTERVENTIONS INC COM	COM	55347P100	30	80,000	SH		SOLE		0	0	80,000
MSCI EAFE	COM	464287465	2,826	48,137	SH		SOLE		0	0	48,137
NETFLIX	COM	64110L106	1,750	15,305	SH		SOLE		0	0	15,305
NEW YORK CMNTY BANCORP COM	COM	649445103	197	12,100	SH		SOLE		0	0	12,100
NEXTERA ENERGY INC COM	COM	65339F101	891	8,580	SH		SOLE		0	0	8,580
NIKE	COM	654106103	915	14,650	SH		SOLE		0	0	14,650
NIPPON TELEGRAPH & TELEPHONE A	COM	654624105	939	23,640	SH		SOLE		0	0	23,640
NORDIC AMERICAN TANKER SHIPPIN	COM	G65773106	296	19,100	SH		SOLE		0	0	19,100
NORFOLK SOUTHERN	COM	655844108	1,319	15,600	SH		SOLE		0	0	15,600
NORTHERN TRUST	COM	665859104	253	3,520	SH		SOLE		0	0	3,520
NORTHROP GRUMMAN	COM	666807102	973	5,157	SH		SOLE		0	0	5,157
NOVARTIS AG ADR	COM	66987V109	1,044	12,137	SH		SOLE		0	0	12,137
NOVO NORDISK A/S ADR	COM	670100205	270	4,660	SH		SOLE		0	0	4,660
OCCIDENTAL PETROLEUM	COM	674599105	492	7,291	SH		SOLE		0	0	7,291
OCCIDENTAL PETROLEUM	COM	674599105	14	210	SH		OTR		0	0	210
ORACLE	COM	68389X105	716	19,619	SH		SOLE		0	0	19,619
PEPSICO	COM	713448108	9,751	97,595	SH		SOLE		0	0	97,595
PEPSICO	COM	713448108	49	500	SH		OTR		0	0	500
PERKINELMER INC COM	COM	714046109	286	5,350	SH		SOLE		0	0	5,350
PFIZER	COM	717081103	1,967	60,963	SH		SOLE		0	0	60,963
PG & E	COM	69331C108	377	7,100	SH		SOLE		0	0	7,100
PHILIP MORRIS INTL INC COM	COM	718172109	2,362	26,874	SH		SOLE		0	0	26,874
PHILIPS ELECTRONICS (KONINKLIJ	COM	500472303	313	12,300	SH		SOLE		0	0	12,300
PIEDMONT NATURAL GAS	COM	720186105	812	14,245	SH		SOLE		0	0	14,245
PIEDMONT NATURAL GAS	COM	720186105	68	1,200	SH		OTR		0	0	1,200
PIONEER NATURAL RESOURCES	COM	723787107	13,334	106,350	SH		SOLE		0	0	106,350
PLAINS ALL AMERICAN PIPELINE L	COM	726503105	350	15,182	SH		SOLE		0	0	15,182
PLAINS ALL AMERICAN PIPELINE L	COM	726503105	18	800	SH		OTR		0	0	800
PORTLAND GEN ELEC CO COM NEW	COM	736508847	378	10,400	SH		SOLE		0	0	10,400
POWERSHARES ETF TRUST CON STAP	COM	73935X393	699	12,315	SH		SOLE		0	0	12,315
POWERSHARES ETF TRUST ENERGY S	COM	73935X385	253	7,551	SH		SOLE		0	0	7,551
POWERSHARES ETF TRUST NASD INT	COM	73935X146	214	2,670	SH		SOLE		0	0	2,670
POWERSHARES QQQ TRUST UNIT SER	COM	73935A104	15,631	139,744	SH		SOLE		0	0	139,744
POWERSHARES QQQ TRUST UNIT SER	COM	73935A104	33	300	SH		OTR		0	0	300
PPL	COM	69351T106	370	10,869	SH		SOLE		0	0	10,869
PRAXAIR	COM	74005P104	407	3,975	SH		SOLE		0	0	3,975
PREFERRED APT CMNTYS COM	COM	74039L103	278	21,300	SH		SOLE		0	0	21,300
PROCTER & GAMBLE	COM	742718109	8,094	101,936	SH		SOLE		0	0	101,936
PROCTER & GAMBLE	COM	742718109	31	400	SH		OTR		0	0	400
PRUDENTIAL FINANCIAL	COM	744320102	254	3,122	SH		SOLE		0	0	3,122
PUBLIC SERVICE ENTERPRISE GROU	COM	744573106	1,827	47,246	SH		SOLE		0	0	47,246
PUBLIC SERVICE ENTERPRISE GROU	COM	744573106	70	1,812	SH		OTR		0	0	1,812
RAYTHEON	COM	755111507	753	6,052	SH		SOLE		0	0	6,052
REALTY INCOME CORP COM	COM	756109104	269	5,225	SH		SOLE		0	0	5,225
REYNOLDS AMERICAN	COM	761713106	744	16,141	SH		SOLE		0	0	16,141
ROCKWELL AUTOMATION	COM	773903109	892	8,700	SH		SOLE		0	0	8,700
ROCKWELL COLLINS INC COM	COM	774341101	230	2,500	SH		SOLE		0	0	2,500
ROPER INDUSTRIES	COM	776696106	759	4,000	SH		SOLE		0	0	4,000
ROYAL DUTCH CL A ADR NEW	COM	780259206	219	4,803	SH		SOLE		0	0	4,803
ROYAL DUTCH CL A ADR NEW	COM	780259206	18	413	SH		OTR		0	0	413
RUSSELL MIDCAP GROWTH	COM	464287481	1,247	13,571	SH		SOLE		0	0	13,571
SALESFORCE COM INC COM	COM	79466L302	309	3,950	SH		SOLE		0	0	3,950
SCANA	COM	80589M102	221	3,654	SH		SOLE		0	0	3,654
SCHLUMBERGER	COM	806857108	3,158	45,277	SH		SOLE		0	0	45,277
SCHLUMBERGER	COM	806857108	27	400	SH		OTR		0	0	400
SEALED AIR	COM	81211K100	223	5,000	SH		SOLE		0	0	5,000
SELECT SECTOR SPDR TR SBI CONS	COM	81369Y407	1,034	13,241	SH		SOLE		0	0	13,241
SELECT SECTOR SPDR TR SBI CONS	COM	81369Y308	2,499	49,497	SH		SOLE		0	0	49,497
SELECT SECTOR SPDR TR SBI INT-	COM	81369Y605	9,986	419,061	SH		SOLE		0	0	419,061
SELECT SECTOR SPDR TR SBI INT-	COM	81369Y605	23	1,000	SH		OTR		0	0	1,000
SHELL MIDSTREAM L P UNIT LTD I	COM	822634101	276	6,650	SH		SOLE		0	0	6,650
SIEMENS A G SPONSORED ADR	COM	826197501	1,449	15,075	SH		SOLE		0	0	15,075
SIMON PROPERTY	COM	828806109	590	3,036	SH		SOLE		0	0	3,036
SMUCKER JM	COM	832696405	789	6,400	SH		SOLE		0	0	6,400
SNAP ON INC COM	COM	833034101	334	1,950	SH		SOLE		0	0	1,950
SOUTHERN COMPANY	COM	842587107	1,424	30,450	SH		SOLE		0	0	30,450
SP 500 GROWTH	COM	464287309	300	2,599	SH		SOLE		0	0	2,599
SPDR DOW JONES INDL AV UT SER	COM	78467X109	8,815	50,667	SH		SOLE		0	0	50,667
SPDR ENERGY	COM	81369Y506	1,751	29,030	SH		SOLE		0	0	29,030
SPDR HEALTH CARE	COM	81369y209	19,848	275,551	SH		SOLE		0	0	275,551
SPDR INDEX SHS FDS DJWS INTL R	COM	78463X863	1,249	31,951	SH		SOLE		0	0	31,951
SPDR INDEX SHS FDS EURO STOXX	COM	78463X202	302	8,800	SH		SOLE		0	0	8,800
SPDR INDUSTRIAL SECTOR	COM	81369y704	3,132	59,100	SH		SOLE		0	0	59,100
SPDR MATERIALS SECTOR	COM	81369y100	1,350	31,098	SH		SOLE		0	0	31,098
SPDR MATERIALS SECTOR	COM	81369y100	4	100	SH		OTR		0	0	100
SPDR MID CAP 400	COM	78467Y107	294	1,159	SH		SOLE		0	0	1,159
SPDR SERIES TRUST S&P BIOTECH	COM	78464A870	2,102	29,945	SH		SOLE		0	0	29,945
SPDR SERIES TRUST S&P RETAIL E	COM	78464A714	653	15,104	SH		SOLE		0	0	15,104
SPDR SERIES TRUST S&P RETAIL E	COM	78464A714	30	700	SH		OTR		0	0	700
SPDR SERIES TRUST S&P SEMICNDC	COM	78464A862	240	5,500	SH		SOLE		0	0	5,500
SPDR SP500 TRUST SR 1	COM	78462F103	17,285	84,786	SH		SOLE		0	0	84,786
SPDR UTILITIES SELECT	COM	81369Y886	1,927	44,534	SH		SOLE		0	0	44,534
ST JUDE MEDICAL	COM	790849103	983	15,925	SH		SOLE		0	0	15,925
STANLEY BLACK & DECKER COM	COM	854502101	362	3,400	SH		SOLE		0	0	3,400
STARBUCKS	COM	855244109	5,933	98,835	SH		SOLE		0	0	98,835
STARWOOD PPTY TR INC COM	COM	85571B105	250	12,200	SH		SOLE		0	0	12,200
STATE STREET	COM	857477103	235	3,550	SH		SOLE		0	0	3,550
STREETTRACKS MORGAN STANLEY TE	COM	78464a102	1,980	36,615	SH		SOLE		0	0	36,615
STRYKER	COM	863667101	1,961	21,100	SH		SOLE		0	0	21,100
T-MOBILE US INC COM	COM	872590104	1,062	27,150	SH		SOLE		0	0	27,150
TE CONNECTIVITY LTD REG SHS	COM	H84989104	232	3,600	SH		SOLE		0	0	3,600
TECHNOLOGY SELECT SECT SPDR	COM	81369Y803	4,072	95,081	SH		SOLE		0	0	95,081
TELUS CORP COM	COM	87971M103	268	9,700	SH		SOLE		0	0	9,700
TIME WARNER	COM	887317303	247	3,825	SH		SOLE		0	0	3,825
TITAN MED INC COM	COM	88830X108	15	20,450	SH		SOLE		0	0	20,450
TORO	COM	891092108	211	2,900	SH		SOLE		0	0	2,900
TOYOTA MOTOR ADR	COM	892331307	769	6,250	SH		SOLE		0	0	6,250
TRACTOR SUPPLY	COM	892356106	589	6,900	SH		SOLE		0	0	6,900
UBS AG JERSEY BRH ALERIAN INFR	COM	902641646	1,725	65,945	SH		SOLE		0	0	65,945
UGI CORP	COM	902681105	728	21,575	SH		SOLE		0	0	21,575
UGI CORP	COM	902681105	136	4,050	SH		OTR		0	0	4,050
UNION PACIFIC	COM	907818108	4,005	51,216	SH		SOLE		0	0	51,216
UNION PACIFIC	COM	907818108	125	1,600	SH		OTR		0	0	1,600
UNITED PARCEL SERVICE CL B	COM	911312106	5,455	56,687	SH		SOLE		0	0	56,687
UNITED TECHNOLOGIES	COM	913017109	9,591	99,833	SH		SOLE		0	0	99,833
UNITED TECHNOLOGIES	COM	913017109	38	400	SH		OTR		0	0	400
UNITEDHEALTH GROUP	COM	91324P102	653	5,555	SH		SOLE		0	0	5,555
URBAN EDGE PPTYS COM	COM	91704F104	314	13,400	SH		SOLE		0	0	13,400
VANGUARD EMERGING MARKETS VIPE	COM	922042858	564	17,250	SH		SOLE		0	0	17,250
VANGUARD INDEX FDS GROWTH ETF	COM	922908736	253	2,382	SH		SOLE		0	0	2,382
VANGUARD INDEX FDS REIT ETF	COM	922908553	1,076	13,500	SH		SOLE		0	0	13,500
VANGUARD INTL EQTY IDX ALLWRLD	COM	922042775	698	16,090	SH		SOLE		0	0	16,090
VANGUARD INTL EQTY IDX EURPEAN	COM	922042874	630	12,650	SH		SOLE		0	0	12,650
VANGUARD TELECOM SERVICES VIPE	COM	92204A884	3,316	39,524	SH		SOLE		0	0	39,524
VANGUARD WORLD FDS HEALTH CAR	COM	92204A504	1,820	13,703	SH		SOLE		0	0	13,703
VANGUARD WORLD FDS INF TECH ET	COM	92204A702	11,204	103,463	SH		SOLE		0	0	103,463
VERIZON COMMUNICATIONS	COM	92343V104	11,442	247,557	SH		SOLE		0	0	247,557
VERIZON COMMUNICATIONS	COM	92343V104	167	3,628	SH		OTR		0	0	3,628
VISA INC COM CL A	COM	92826C839	6,974	89,930	SH		SOLE		0	0	89,930
VODAFONE GROUP PLC ADR	COM	92857W308	496	15,388	SH		SOLE		0	0	15,388
VODAFONE GROUP PLC ADR	COM	92857W308	24	754	SH		OTR		0	0	754
WAL-MART STORES	COM	931142103	1,509	24,622	SH		SOLE		0	0	24,622
WALGREENS BOOTS ALLIAN COM	COM	931427108	1,773	20,825	SH		SOLE		0	0	20,825
WALKER & DUNLOP INC COM	COM	93148P102	314	10,925	SH		SOLE		0	0	10,925
WALT DISNEY	COM	254687106	12,411	118,117	SH		SOLE		0	0	118,117
WEC ENERGY GROUP INC COM	COM	92939U106	264	5,154	SH		SOLE		0	0	5,154
WELLS FARGO	COM	949746101	2,343	43,118	SH		SOLE		0	0	43,118
WESTAR ENERGY	COM	95709T100	436	10,300	SH		SOLE		0	0	10,300
WHIRLPOOL	COM	963320106	3,967	27,011	SH		SOLE		0	0	27,011
WHOLE FOODS MKT INC COM	COM	966837106	690	20,600	SH		SOLE		0	0	20,600
WILLIS GROUP HOLDINGS SHS-Exch	COM	xxxxxxxxx	330	6,800	SH		SOLE		0	0	6,800
WISDOMTREE TR EUROPE HEDGED EQ	COM	97717X701	6,438	119,661	SH		SOLE		0	0	119,661
WISDOMTREE TRUST LRGECP VALUE	COM	97717W547	874	13,722	SH		SOLE		0	0	13,722
YUM! BRANDS	COM	988498101	805	11,025	SH		SOLE		0	0	11,025
ZOETIS INC CL A	COM	98978V103	277	5,800	SH		SOLE		0	0	5,800
CONSULTING GRP CAP MKT HI YLD	MF	210474839	64	18,051	SH		SOLE		0	0	18,051
ISHARES TR US PFD STK IDX	PFD	464288687	5,133	132,147	SH		SOLE		0	0	132,147
MANNKIND CORP WT 020816	WT	56400P508	0	20,000	SH		SOLE		0	0	20,000