Mathes 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

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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
Abtech Hldgs Inc	COM	00400H108	20	52,500	SH		SOLE		52,500	0	0
Akamai Technologies	COM	00971T101	232	3,800	SH		SOLE		3,800	0	0
Alexion Pharmaceuticals Inc	COM	15351109	250	1,600	SH		SOLE		1,600	0	0
Amazon Com Inc	COM	23135106	6,591	20,293	SH		SOLE		20,293	0	0
American Electrical Power Inc	COM	25537101	353	6,325	SH		SOLE		6,325	0	0
Amgen Inc	COM	31162100	1,654	13,970	SH		SOLE		13,970	0	0
Apple Inc.	COM	37833100	6,884	74,078	SH		SOLE		74,078	0	0
Applied Matls Inc	COM	38222105	628	27,850	SH		SOLE		27,850	0	0
AT&T Corp	COM	00206R102	2,216	62,670	SH		SOLE		62,670	0	0
Atlas Pipeline Partners LP	COM	49392103	410	11,925	SH		SOLE		11,925	0	0
B & G Foods Inc	COM	05508R106	373	11,400	SH		SOLE		11,400	0	0
Baidu Inc	Spons. ADR	56752108	504	2,700	SH		SOLE		2,700	0	0
Bank of New York Mellon Corp	COM	64058100	246	6,573	SH		SOLE		6,573	0	0
Bank of America Corp	COM	60505104	1,350	87,808	SH		SOLE		87,808	0	0
Berkshire Hathaway Inc Cl B	COM	84670702	709	5,600	SH		SOLE		5,600	0	0
Biogen Idec Inc.	COM	09062X103	709	2,250	SH		SOLE		2,250	0	0
Boeing Co	COM	97023105	2,648	20,816	SH		SOLE		20,816	0	0
Bristol-Myers Squibb Co	COM	110122108	437	9,008	SH		SOLE		9,008	0	0
Buckeye Partners LP	COM	118230101	386	4,650	SH		SOLE		4,650	0	0
Buffalo Wild Wings Inc.	COM	119848109	758	4,575	SH		SOLE		4,575	0	0
Caterpillar Inc	COM	149123101	2,834	26,077	SH		SOLE		26,077	0	0
Celgene Corp	COM	151020104	827	9,630	SH		SOLE		9,630	0	0
Cheesecake Factory Inc.	COM	163072101	432	9,300	SH		SOLE		9,300	0	0
Chevron Corp.	COM	166764100	681	5,219	SH		SOLE		5,219	0	0
Chipotle Mexican Grill	Cl. A	169656105	1,111	1,875	SH		SOLE		1,875	0	0
Cisco Systems Inc	COM	17275R102	372	14,950	SH		SOLE		14,950	0	0
Coca Cola Co.	COM	191216100	2,628	62,040	SH		SOLE		62,040	0	0
Consolidated Edison	COM	209115104	566	9,800	SH		SOLE		9,800	0	0
Costco Wholesale Corp	COM	22160K105	374	3,250	SH		SOLE		3,250	0	0
CSX Corp	COM	126408103	2,137	69,360	SH		SOLE		69,360	0	0
Cummins Inc.	COM	231021106	563	3,650	SH		SOLE		3,650	0	0
CVS Caremark Corp	COM	126650100	270	3,588	SH		SOLE		3,588	0	0
3-D Sys	COM	88554D205	302	5,050	SH		SOLE		5,050	0	0
Deere & Co	COM	244199105	2,300	25,399	SH		SOLE		25,399	0	0
Du Pont E I De Nemours	COM	263534109	2,866	43,790	SH		SOLE		43,790	0	0
Enbridge Energy Partners	COM	29250R106	539	14,600	SH		SOLE		14,600	0	0
Energy XXI (Bermuda) Ltd	COM	G10082140	1,203	50,900	SH		SOLE		50,900	0	0
EOG Resources Inc Com	COM	26875P101	286	2,450	SH		SOLE		2,450	0	0
Exxon Mobil Corp	COM	30231G102	1,308	12,993	SH		SOLE		12,993	0	0
Facebook Inc.	Cl. A	30303M102	513	7,625	SH		SOLE		7,625	0	0
Fedex Corp.	COM	31428X106	2,603	17,195	SH		SOLE		17,195	0	0
Freeport McMoran Copper & Gold Inc	COM	35671D857	1,477	40,469	SH		SOLE		40,469	0	0
Frontier Communications Corp	COM	35906A108	140	24,050	SH		SOLE		24,050	0	0
General Electric Co	COM	369604103	4,450	169,346	SH		SOLE		169,346	0	0
General Mills Inc.	COM	370334104	315	6,000	SH		SOLE		6,000	0	0
Gilead Sciences Inc	COM	375558103	2,734	32,975	SH		SOLE		32,975	0	0
Goldman Sachs Group Com	COM	38141G104	2,190	13,080	SH		SOLE		13,080	0	0
Google Inc	Cl. A	38259P508	3,959	6,772	SH		SOLE		6,772	0	0
Google Inc	Cl. C	38259P706	3,593	6,245	SH		SOLE		6,245	0	0
Greenbrier Cos Inc.	COM	393657101	3,695	64,155	SH		SOLE		64,155	0	0
Gulfmark Offshore Inc	COM	402629208	797	17,650	SH		SOLE		17,650	0	0
Harley Davidson Inc	COM	412822108	1,203	17,228	SH		SOLE		17,228	0	0
Hershey Co.	COM	427866108	740	7,599	SH		SOLE		7,599	0	0
Home Depot Inc	COM	437076102	510	6,300	SH		SOLE		6,300	0	0
Illinois Tool Wks Inc	COM	452308109	228	2,600	SH		SOLE		2,600	0	0
Ingersoll Rand PLC (IRELAND)	COM	G47791101	2,422	38,750	SH		SOLE		38,750	0	0
Intel Corp	COM	458140100	1,868	60,458	SH		SOLE		60,458	0	0
International Business Machines	COM	459200101	2,571	14,186	SH		SOLE		14,186	0	0
Johnson & Johnson	COM	478160104	4,225	40,384	SH		SOLE		40,384	0	0
JP Morgan Chase & Co	COM	46625H100	4,635	80,446	SH		SOLE		80,446	0	0
Kinder Morgan Energy UT LP	COM	494550106	814	9,900	SH		SOLE		9,900	0	0
Lions Gate Entertainment Corp	COM	535919203	566	19,800	SH		SOLE		19,800	0	0
Magnum Hunter Resources Corp	COM	55973B102	218	26,550	SH		SOLE		26,550	0	0
Markwest Energy Partners LP	COM	570759100	639	8,925	SH		SOLE		8,925	0	0
Mead Johnson Nutrition Co	COM	582839106	1,852	19,878	SH		SOLE		19,878	0	0
Merck & Co New	COM	58933Y105	1,718	29,692	SH		SOLE		29,692	0	0
Microsoft Corp	COM	594918104	768	18,420	SH		SOLE		18,420	0	0
National Oilwell Varco Inc	COM	637071101	2,557	31,050	SH		SOLE		31,050	0	0
Nestle N	Spons. ADR	641069406	2,487	32,107	SH		SOLE		32,107	0	0
Netflix Inc	COM	64110L106	430	975	SH		SOLE		975	0	0
Nokia Corp.	Spons. ADR	654902204	157	20,750	SH		SOLE		20,750	0	0
Now Inc.	COM	67011P100	259	7,161	SH		SOLE		7,161	0	0
Nucor Corp	COM	670346105	351	7,125	SH		SOLE		7,125	0	0
Oceaneering Int'l. Inc.	COM	675232102	981	12,550	SH		SOLE		12,550	0	0
Palo Alto Networks Inc.	COM	697435105	845	10,075	SH		SOLE		10,075	0	0
Panera Bread Co	Cl. A	69840W108	494	3,300	SH		SOLE		3,300	0	0
Parker Hannifin Corp	COM	701094104	2,456	19,530	SH		SOLE		19,530	0	0
Penn West Petroleum Ltd New	COM	707887105	322	33,000	SH		SOLE		33,000	0	0
Pepsico Inc.	COM	713448108	800	8,950	SH		SOLE		8,950	0	0
Pfizer Inc	COM	717081103	698	23,511	SH		SOLE		23,511	0	0
Popeyes Louisiana Kitchen Inc.	COM	732872106	208	4,750	SH		SOLE		4,750	0	0
PG & E Corp.	COM	69331C108	1,346	28,035	SH		SOLE		28,035	0	0
Precision Castparts Corp	COM	740189105	2,243	8,887	SH		SOLE		8,887	0	0
Procter & Gamble Co.	COM	742718109	2,575	32,768	SH		SOLE		32,768	0	0
PVH Corp	COM	693656100	245	2,100	SH		SOLE		2,100	0	0
Qualcomm Inc.	COM	747525103	1,755	22,160	SH		SOLE		22,160	0	0
Salesforce.com Inc	COM	79466L302	5,502	94,735	SH		SOLE		94,735	0	0
Schlumberger Ltd	COM	806857108	3,790	32,132	SH		SOLE		32,132	0	0
Seadrill Ltd.	COM	G7945E105	365	9,125	SH		SOLE		9,125	0	0
Smucker J M Co	COM	832696405	2,384	22,370	SH		SOLE		22,370	0	0
Southern Copper Corp	COM	84265V105	433	14,262	SH		SOLE		14,262	0	0
Starbucks Corp	COM	855244109	686	8,865	SH		SOLE		8,865	0	0
Starwood Hotels and Resorts	COM	85590A401	420	5,200	SH		SOLE		5,200	0	0
SVB Finl Group	COM	78486Q101	1,560	13,381	SH		SOLE		13,381	0	0
T Rowe Price Inc	COM	74144T108	2,415	28,605	SH		SOLE		28,605	0	0
Tata Mtrs Ltd Sponsored Adr	Spons. ADR	876568502	807	20,650	SH		SOLE		20,650	0	0
TC Pipelines LP	COM	87233Q108	338	6,550	SH		SOLE		6,550	0	0
Teradata Corp.	COM	88076W103	2,198	54,685	SH		SOLE		54,685	0	0
Transocean Ltd.	COM	H8817H100	1,466	32,550	SH		SOLE		32,550	0	0
Travelers Companies	COM	89417E109	2,347	24,950	SH		SOLE		24,950	0	0
Under Armor Inc	COM	904311107	916	15,400	SH		SOLE		15,400	0	0
Union Pacific Corp	COM	907818108	2,674	26,805	SH		SOLE		26,805	0	0
United Technologies Corp.	COM	913017109	325	2,815	SH		SOLE		2,815	0	0
Urban Outfitters Inc.	COM	917047102	525	15,500	SH		SOLE		15,500	0	0
Verizon Communications Inc.	COM	92343V104	706	14,436	SH		SOLE		14,436	0	0
Wabco Holdings Inc.	COM	92927K102	550	5,150	SH		SOLE		5,150	0	0
Western Asset High Income Opp Fund	COM	95766K109	544	115,000	SH		SOLE		115,000	0	0
Whirlpool Corp	COM	966244105	2,126	15,270	SH		SOLE		15,270	0	0
Whitewave Foods Co	COM	963320106	416	12,850	SH		SOLE		12,850	0	0
Whole Foods Mkt Inc	COM	966837106	384	9,950	SH		SOLE		9,950	0	0
Workday Inc.	Cl. A	98138H101	222	2,475	SH		SOLE		2,475	0	0
Wynn Resorts Ltd	COM	983134107	830	4,000	SH		SOLE		4,000	0	0
Magnum Hunter Res. Corp. Ser. C	Preferred	55973B201	327	12,250	SH		SOLE		12,250	0	0
Magnum Hunter Res. Corp. Ser. D	Preferred	55973B300	1,980	39,750	SH		SOLE		39,750	0	0
MetLife Inc Prfrd B	Preferred	59156R603	384	15,025	SH		SOLE		15,025	0	0
Tennessee Valley Authority	Preferred	880591300	296	12,395	SH		SOLE		12,395	0	0
Wells Fargo & Co Prfd J	Preferred	949746879	596	20,025	SH		SOLE		20,025	0	0
Wells Fargo & Co Prfd P	Preferred	949746655	209	8,750	SH		SOLE		8,750	0	0
Sandridge Energy Inc P	Preferred	80007P604	254	2,250	SH		SOLE		2,250	0	0
Flaherty & Crumrine Dynamic Pfd	Preferred	33848W106	1,335	56,650	SH		SOLE		56,650	0	0
Pimco Dynamic Credit Income Fund	COM	72202D106	2,000	83,950	SH		SOLE		83,950	0	0
SPDR ST High Yield	COM	78468R408	1,166	37,650	SH		SOLE		37,650	0	0
Tortoise MLP Fund Inc	COM	89148B101	695	23,224	SH		SOLE		23,224	0	0
Natural Resources Partners LP	COM	63900P103	1,306	78,798	SH		SOLE		78,798	0	0
Ishares Inc. MSCI Malaysia	COM	464286830	318	20,000	SH		SOLE		20,000	0	0
MKT VECT Indonesia Index	COM	57060U753	311	12,600	SH		SOLE		12,600	0	0
WisdomTree TR Japan Hedged Equity	COM	97717W851	294	5,950	SH		SOLE		5,950	0	0
Agribusiness ETF	COM	57060U605	319	5,800	SH		SOLE		5,800	0	0
ALPS Alerian MLP ETF	COM	00162Q866	1,337	70,350	SH		SOLE		70,350	0	0
First Trust DJ Internet Index ETF	COM	33733E302	2,584	43,370	SH		SOLE		43,370	0	0
Guggenheim S&P500 Equal Weight ETF	COM	78355W106	437	5,700	SH		SOLE		5,700	0	0
Guggenheim Spin Off ETF	COM	18383M605	223	4,825	SH		SOLE		4,825	0	0
Industrial Select Sector SPDR ETF	COM	81369Y704	937	17,335	SH		SOLE		17,335	0	0
Ishares Core S&P500 ETF	COM	464287200	343	1,740	SH		SOLE		1,740	0	0
Ishares Core S&P Small-Cap ETF	COM	464287804	286	2,550	SH		SOLE		2,550	0	0
Ishares Dow Jones US ETF	COM	464287846	1,418	14,300	SH		SOLE		14,300	0	0
Ishares MSCI Pacific Ex-Japan ETF	COM	464286665	275	5,578	SH		SOLE		5,578	0	0
Ishares Morningstar Large-Cap ETF	COM	464287127	844	7,410	SH		SOLE		7,410	0	0
Ishares North American Tech ETF	COM	464287549	2,184	22,945	SH		SOLE		22,945	0	0
Ishares Russell 2000 ETF	COM	464287655	3,535	29,751	SH		SOLE		29,751	0	0
Ishares Russell Mid-Cap ETF	COM	464287499	1,329	8,175	SH		SOLE		8,175	0	0
Ishares Russell Mid-Cap Growth ETF	COM	464287481	864	9,650	SH		SOLE		9,650	0	0
Ishares Russell Mid-Cap Value ETF	COM	464287473	297	4,095	SH		SOLE		4,095	0	0
Ishares S&P 500 Value ETF	COM	464287408	253	2,800	SH		SOLE		2,800	0	0
Ishares US Preferred Stock ETF	COM	464288687	1,179	29,550	SH		SOLE		29,550	0	0
Market Vectors Gold Miners	COM	57060U100	302	11,400	SH		SOLE		11,400	0	0
Powershares QQQ Trust SR1	COM	73935A104	310	3,300	SH		SOLE		3,300	0	0
Powershares Nasdaq Internet Portfolio	COM	73935X146	303	4,457	SH		SOLE		4,457	0	0
Proshares Short 7-10 Year Treasury	COM	74348A608	350	11,000	SH		SOLE		11,000	0	0
SPDR Gold Trust	COM	78463V107	884	6,900	SH		SOLE		6,900	0	0
SPDR S&P 500 ETF Trust	COM	78462F103	882	4,505	SH		SOLE		4,505	0	0
SPDR Ser Tr S&P Dividend	COM	78464A763	1,676	21,885	SH		SOLE		21,885	0	0
SPDR Fd Technology	COM	81369Y803	458	11,950	SH		SOLE		11,950	0	0
Vanguard Extended Market ETF	COM	922908652	935	10,660	SH		SOLE		10,660	0	0
Vanguard FTSE Emerging Markets ETF	COM	922042858	2,112	48,970	SH		SOLE		48,970	0	0
Vanguard Growth ETF	COM	922908736	514	5,200	SH		SOLE		5,200	0	0
Vanguard High Div Yield	COM	921926406	477	7,200	SH		SOLE		7,200	0	0
Vanguard Industrial ETF	COM	92204A603	423	4,061	SH		SOLE		4,061	0	0
Vanguard Mid Cap ETF	COM	922908629	214	1,800	SH		SOLE		1,800	0	0
Vanguard Large-Cap Fund ETF	COM	922908637	483	5,370	SH		SOLE		5,370	0	0
Vanguard Mid Cap Growth ETF	COM	922908538	827	8,585	SH		SOLE		8,585	0	0
Vanguard Mid Cap Value ETF	COM	922908512	325	3,735	SH		SOLE		3,735	0	0
Vanguard Sml-Cap Grwth ETF	COM	922908595	294	2,310	SH		SOLE		2,310	0	0
Vanguard Total Stock Market ETF	COM	922908769	878	8,625	SH		SOLE		8,625	0	0
Vanguard Value ETF	COM	922908744	377	4,660	SH		SOLE		4,660	0	0
Ishares Floating Rate Bond ETF	COM	46429B655	1,168	23,000	SH		SOLE		23,000	0	0
Ishares TIPS Bond ETF	COM	464287176	588	5,100	SH		SOLE		5,100	0	0
Pimco Enhanced Short Mat Strategy ETF	COM	72201R833	537	5,300	SH		SOLE		5,300	0	0
Vanguard Short-Term Inf Protect Sec Idx ETF	COM	922020805	281	5,600	SH		SOLE		5,600	0	0