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	15	52,500	SH		SOLE		52,500	0	0
Akamai Technologies	COM	00971T101	241	3,825	SH		SOLE		3,825	0	0
Alexion Pharmaceuticals Inc	COM	015351109	296	1,600	SH		SOLE		1,600	0	0
Amazon Com Inc	COM	023135106	6,174	19,893	SH		SOLE		19,893	0	0
American Electrical Power Inc	COM	025537101	342	5,625	SH		SOLE		5,625	0	0
Amgen Inc	COM	031162100	2,424	15,220	SH		SOLE		15,220	0	0
Apple Inc.	COM	037833100	8,330	75,468	SH		SOLE		75,468	0	0
Applied Matls Inc	COM	038222105	694	27,850	SH		SOLE		27,850	0	0
AT&T Corp	COM	00206R102	2,091	62,236	SH		SOLE		62,236	0	0
Atlas Pipeline Partners LP	COM	049392103	822	30,150	SH		SOLE		30,150	0	0
Baidu Inc	Spons. ADR	056752108	621	2,725	SH		SOLE		2,725	0	0
Bank of New York Mellon Corp	COM	064058100	267	6,573	SH		SOLE		6,573	0	0
Bank of America Corp	COM	060505104	1,218	68,108	SH		SOLE		68,108	0	0
Barrick Gold Corp	COM	067901108	188	17,500	SH		SOLE		17,500	0	0
Berkshire Hathaway Inc Cl B	COM	084670702	841	5,600	SH		SOLE		5,600	0	0
Biogen Idec Inc.	COM	09062X103	764	2,250	SH		SOLE		2,250	0	0
Boeing Co	COM	097023105	2,683	20,641	SH		SOLE		20,641	0	0
Bristol-Myers Squibb Co	COM	110122108	402	6,818	SH		SOLE		6,818	0	0
Buckeye Partners LP	COM	118230101	352	4,650	SH		SOLE		4,650	0	0
Buffalo Wild Wings Inc.	COM	119848109	825	4,575	SH		SOLE		4,575	0	0
Caterpillar Inc	COM	149123101	2,384	26,042	SH		SOLE		26,042	0	0
Celgene Corp	COM	151020104	1,074	9,600	SH		SOLE		9,600	0	0
Cheesecake Factory Inc.	COM	163072101	206	4,100	SH		SOLE		4,100	0	0
Chevron Corp.	COM	166764100	586	5,219	SH		SOLE		5,219	0	0
Chipotle Mexican Grill	Cl. A	169656105	1,283	1,875	SH		SOLE		1,875	0	0
Cisco Systems Inc	COM	17275R102	380	13,650	SH		SOLE		13,650	0	0
Citigroup Inc	COM	172967424	2,071	38,270	SH		SOLE		38,270	0	0
Coca Cola Co.	COM	191216100	279	6,620	SH		SOLE		6,620	0	0
Consolidated Edison	COM	209115104	695	10,525	SH		SOLE		10,525	0	0
Costco Wholesale Corp	COM	22160K105	418	2,950	SH		SOLE		2,950	0	0
CSX Corp	COM	126408103	2,605	71,910	SH		SOLE		71,910	0	0
CVS Caremark Corp	COM	126650100	424	4,398	SH		SOLE		4,398	0	0
Deere & Co	COM	244199105	2,267	25,624	SH		SOLE		25,624	0	0
Du Pont E I De Nemours	COM	263534109	3,180	43,005	SH		SOLE		43,005	0	0
Enbridge Energy Partners	COM	29250R106	613	15,375	SH		SOLE		15,375	0	0
Energy XXI (Bermuda) Ltd	COM	G10082140	255	78,300	SH		SOLE		78,300	0	0
EOG Resources	COM	26875P101	226	2,450	SH		SOLE		2,450	0	0
Exxon Mobil Corp	COM	30231G102	1,089	11,783	SH		SOLE		11,783	0	0
Facebook Inc.	Cl. A	30303M102	607	7,775	SH		SOLE		7,775	0	0
Fedex Corp.	COM	31428X106	2,894	16,665	SH		SOLE		16,665	0	0
Freeport McMoran Copper & Gold Inc	COM	35671D857	820	35,119	SH		SOLE		35,119	0	0
Frontier Communications Corp	COM	35906A108	154	23,050	SH		SOLE		23,050	0	0
General Electric Co	COM	369604103	4,473	177,021	SH		SOLE		177,021	0	0
General Mills Inc.	COM	370334104	320	6,000	SH		SOLE		6,000	0	0
Gilead Sciences Inc	COM	375558103	3,235	34,325	SH		SOLE		34,325	0	0
Goldman Sachs Group Inc.	COM	38141G104	2,629	13,565	SH		SOLE		13,565	0	0
Google Inc Cl A	Cl. A	38259P508	3,699	6,970	SH		SOLE		6,970	0	0
Google Inc Cl C	Cl. C	38259P706	3,182	6,045	SH		SOLE		6,045	0	0
Greenbrier Cos Inc.	COM	393657101	2,927	54,485	SH		SOLE		54,485	0	0
Gulfmark Offshore Inc	COM	402629208	845	34,600	SH		SOLE		34,600	0	0
Halliburton Co	COM	406216101	1,577	40,085	SH		SOLE		40,085	0	0
Harley Davidson Inc	COM	412822108	1,112	16,878	SH		SOLE		16,878	0	0
Hershey Co.	COM	427866108	714	6,874	SH		SOLE		6,874	0	0
Hewlett Packard Co	COM	428236103	518	12,900	SH		SOLE		12,900	0	0
Home Depot Inc	COM	437076102	688	6,550	SH		SOLE		6,550	0	0
Illinois Tool Wks Inc	COM	452308109	2,083	22,000	SH		SOLE		22,000	0	0
Ingersoll Rand PLC (IRELAND)	COM	G47791101	2,444	38,550	SH		SOLE		38,550	0	0
Intel Corp	COM	458140100	3,604	99,323	SH		SOLE		99,323	0	0
International Business Machines	COM	459200101	505	3,147	SH		SOLE		3,147	0	0
Johnson & Johnson	COM	478160104	4,144	39,627	SH		SOLE		39,627	0	0
JP Morgan Chase & Co	COM	46625H100	4,602	73,531	SH		SOLE		73,531	0	0
Kinder Morgan Inc. (Delaware)	COM	49456B101	352	8,329	SH		SOLE		8,329	0	0
Lions Gate Entertainment Corp	COM	535919203	634	19,800	SH		SOLE		19,800	0	0
Magnum Hunter Resources Corp	COM	55973B102	69	21,900	SH		SOLE		21,900	0	0
Markwest Energy Partners LP	COM	570759100	622	9,250	SH		SOLE		9,250	0	0
Mead Johnson Nutrition Co	COM	582839106	2,059	20,483	SH		SOLE		20,483	0	0
Merck & Co New	COM	58933Y105	1,636	28,812	SH		SOLE		28,812	0	0
Microsoft Corp	COM	594918104	852	18,345	SH		SOLE		18,345	0	0
Natural Resources Partners LP	COM	63900P103	258	27,900	SH		SOLE		27,900	0	0
Nestle N	Spons. ADR	641069406	1,719	23,414	SH		SOLE		23,414	0	0
Netflix Inc	COM	64110L106	333	975	SH		SOLE		975	0	0
Nucor Corp	COM	670346105	349	7,125	SH		SOLE		7,125	0	0
Oceaneering Int'l. Inc.	COM	675232102	371	6,300	SH		SOLE		6,300	0	0
Oracle Corp	COM	68389X105	2,625	58,365	SH		SOLE		58,365	0	0
Paccar Inc.	COM	693718108	2,283	33,565	SH		SOLE		33,565	0	0
Palo Alto Networks Inc.	COM	697435105	1,235	10,075	SH		SOLE		10,075	0	0
Panera Bread Co	Cl. A	69840W108	647	3,700	SH		SOLE		3,700	0	0
Parker Hannifin Corp	COM	701094104	2,514	19,495	SH		SOLE		19,495	0	0
Penn West Petroleum Ltd New	COM	707887105	129	62,250	SH		SOLE		62,250	0	0
Pepsico Inc.	COM	713448108	846	8,950	SH		SOLE		8,950	0	0
Pfizer Inc	COM	717081103	691	22,186	SH		SOLE		22,186	0	0
PG & E Corp.	COM	69331C108	1,493	28,035	SH		SOLE		28,035	0	0
Popeyes Louisiana Kitchen, Inc.	COM	732872106	324	5,750	SH		SOLE		5,750	0	0
Precision Castparts Corp	COM	740189105	735	3,050	SH		SOLE		3,050	0	0
Procter & Gamble Co.	COM	742718109	2,971	32,618	SH		SOLE		32,618	0	0
Qualcomm Inc.	COM	747525103	240	3,225	SH		SOLE		3,225	0	0
Regeneron Pharmaceuticals Inc	COM	75886F107	318	775	SH		SOLE		775	0	0
Salesforce.com Inc	COM	79466L302	5,588	94,210	SH		SOLE		94,210	0	0
Schlumberger Ltd	COM	806857108	3,073	35,976	SH		SOLE		35,976	0	0
Smucker J M Co	COM	832696405	214	2,120	SH		SOLE		2,120	0	0
Solarcity Corp	COM	83416T100	222	4,150	SH		SOLE		4,150	0	0
Starbucks Corp	COM	855244109	727	8,865	SH		SOLE		8,865	0	0
Starwood Hotels and Resorts	COM	85590A401	340	4,200	SH		SOLE		4,200	0	0
SVB Finl Group	COM	78486Q101	1,524	13,131	SH		SOLE		13,131	0	0
Tata Motors Ltd	Spons. ADR	876568502	873	20,650	SH		SOLE		20,650	0	0
TC Pipelines LC	COM	87233Q108	466	6,550	SH		SOLE		6,550	0	0
Tiffany and Co New	COM	886547108	2,566	24,010	SH		SOLE		24,010	0	0
Transocean Ltd.	COM	H8817H100	426	23,250	SH		SOLE		23,250	0	0
Twitter Inc	COM	90184L102	1,613	44,975	SH		SOLE		44,975	0	0
Under Armor Inc	COM	904311107	1,046	15,400	SH		SOLE		15,400	0	0
Union Pacific Corp	COM	907818108	3,166	26,580	SH		SOLE		26,580	0	0
United Technologies Corp.	COM	913017109	312	2,715	SH		SOLE		2,715	0	0
Urban Outfitters Inc.	COM	917047102	545	15,500	SH		SOLE		15,500	0	0
Verizon Communications Inc.	COM	92343V104	682	14,586	SH		SOLE		14,586	0	0
Wabco Holdings Inc.	COM	92927K102	540	5,150	SH		SOLE		5,150	0	0
Whirlpool Corp	COM	963320106	2,892	14,925	SH		SOLE		14,925	0	0
Whitewave Foods Co	COM	966244105	493	14,100	SH		SOLE		14,100	0	0
Whole Foods Mkt Inc	Cl. A	966837106	585	11,600	SH		SOLE		11,600	0	0
Workday Inc.	COM	98138H101	292	3,575	SH		SOLE		3,575	0	0
Wynn Resorts Ltd	COM	983134107	602	4,050	SH		SOLE		4,050	0	0
Goldman Sachs Group Inc. Prfd. Cl. B	Preferred	38144X500	204	8,050	SH		SOLE		8,050	0	0
Magnum Hunter Res. Corp. Ser. C	Preferred	55973B201	223	10,350	SH		SOLE		10,350	0	0
Magnum Hunter Res. Corp. Ser. D	Preferred	55973B300	1,034	30,470	SH		SOLE		30,470	0	0
MetLife Inc Prfrd B	Preferred	59156R603	367	14,225	SH		SOLE		14,225	0	0
Tennessee Valley Authority	Preferred	880591300	296	12,395	SH		SOLE		12,395	0	0
Wells Fargo & Co Prfd J	Preferred	949746879	584	20,025	SH		SOLE		20,025	0	0
Flaherty & Crumrine Dynamic Pfd	COM	33848W106	1,194	53,650	SH		SOLE		53,650	0	0
Pimco Dynamic Credit Income Fund	COM	72202D106	1,632	79,050	SH		SOLE		79,050	0	0
SPDR ST High Yield	COM	78468R408	445	15,400	SH		SOLE		15,400	0	0
Tortoise MLP Fund Inc	COM	89148B101	649	23,224	SH		SOLE		23,224	0	0
Ishares Inc. MSCI Malaysia	COM	464286830	260	19,300	SH		SOLE		19,300	0	0
MKT VECT Indonesia Index	COM	57060U753	199	8,200	SH		SOLE		8,200	0	0
WisdomTree TR Japan Hedged Equity	COM	97717W851	290	5,900	SH		SOLE		5,900	0	0
ALPS Alerian MLP ETF	COM	00162Q866	1,508	86,100	SH		SOLE		86,100	0	0
First Trust DJ Internet Index ETF	COM	33733E302	1,109	18,085	SH		SOLE		18,085	0	0
Industrial Select Sector SPDR ETF	COM	81369Y704	981	17,335	SH		SOLE		17,335	0	0
Ishares Core S&P500 ETF	COM	464287200	360	1,740	SH		SOLE		1,740	0	0
Ishares Dow Jones US ETF	COM	464287846	1,481	14,300	SH		SOLE		14,300	0	0
Ishares MSCI Pacific Ex-Japan ETF	COM	464286665	245	5,578	SH		SOLE		5,578	0	0
Ishares Morningstar Large-Cap ETF	COM	464287127	989	8,010	SH		SOLE		8,010	0	0
Ishares North American Tech ETF	COM	464287549	2,461	24,145	SH		SOLE		24,145	0	0
Ishares Russell 2000 ETF	COM	464287655	2,009	16,799	SH		SOLE		16,799	0	0
Ishares Russell Mid-Cap ETF	COM	464287499	1,366	8,175	SH		SOLE		8,175	0	0
Ishares Russell Mid-Cap Growth ETF	COM	464287481	900	9,650	SH		SOLE		9,650	0	0
Ishares Russell Mid-Cap Value ETF	COM	464287473	302	4,095	SH		SOLE		4,095	0	0
Ishares S&P 100 ETF	COM	464287101	352	3,875	SH		SOLE		3,875	0	0
Ishares S&P 500 Value ETF	COM	464287408	263	2,800	SH		SOLE		2,800	0	0
Ishares US Preferred Stock ETF	COM	464288687	1,175	29,800	SH		SOLE		29,800	0	0
Market Vectors Gold Miners	COM	57060U100	520	28,300	SH		SOLE		28,300	0	0
Powershares QQQ Trust SR1	COM	73935A104	341	3,300	SH		SOLE		3,300	0	0
Powershares Nasdaq Internet Portfolio	COM	73935X146	299	4,457	SH		SOLE		4,457	0	0
Proshares Short 7-10 Year Treasury	COM	74348A608	335	11,000	SH		SOLE		11,000	0	0
Rydex Guggenheim S&P 500 Equal Wt	COM	78355W106	356	4,450	SH		SOLE		4,450	0	0
SPDR Gold Trust	COM	78463V107	486	4,275	SH		SOLE		4,275	0	0
SPDR S&P 500 ETF Trust	COM	78462F103	926	4,505	SH		SOLE		4,505	0	0
SPDR Ser Tr S&P Dividend	COM	78464A763	1,047	13,285	SH		SOLE		13,285	0	0
SPDR S&P Oil and Gas Explor.	COM	78464A730	756	15,800	SH		SOLE		15,800	0	0
SPDR Fd Technology	COM	81369Y803	480	11,600	SH		SOLE		11,600	0	0
Vanguard Extended Market ETF	COM	922908652	848	9,660	SH		SOLE		9,660	0	0
Vanguard FTSE Emerging Markets ETF	COM	922042858	1,767	44,154	SH		SOLE		44,154	0	0
Vanguard Growth ETF	COM	922908736	543	5,200	SH		SOLE		5,200	0	0
Vanguard High Div Yield	COM	921946406	534	7,766	SH		SOLE		7,766	0	0
Vanguard Large-Cap ETF	COM	922908637	588	6,231	SH		SOLE		6,231	0	0
Vanguard Industrial ETF	COM	92204A603	434	4,061	SH		SOLE		4,061	0	0
Vanguard Mid Cap ETF	COM	922908629	222	1,800	SH		SOLE		1,800	0	0
Vanguard Mid Cap Growth ETF	COM	922908538	872	8,585	SH		SOLE		8,585	0	0
Vanguard Mid Cap Value ETF	COM	922908512	334	3,735	SH		SOLE		3,735	0	0
Vanguard Sml-Cap Grwth ETF	COM	922908595	291	2,310	SH		SOLE		2,310	0	0
Vanguard Total Stock Market ETF	COM	922908769	914	8,625	SH		SOLE		8,625	0	0
Vanguard Value ETF	COM	922908744	394	4,660	SH		SOLE		4,660	0	0
Ishares Floating Rate Bond ETF	COM	46429B655	1,162	23,000	SH		SOLE		23,000	0	0
Ishares TIPS Bond ETF	COM	464287176	571	5,100	SH		SOLE		5,100	0	0
Pimco Enhanced Short Mat Strategy ETF	COM	72201R833	536	5,300	SH		SOLE		5,300	0	0
Vanguard Short-Term Inf Protect Sec Idx ETF	COM	922020805	270	5,600	SH		SOLE		5,600	0	0