Amalgamated Bank. 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
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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
SOUTHWEST AIRLINES	COM	844741108	265	18,175	SH		SOLE		18,175	0	0
NIKE INC CLASS B	COM	654106103	1,357	18,684	SH		SOLE		18,684	0	0
P P L RESOURCES INC	COM	69351T106	480	15,812	SH		SOLE		15,812	0	0
DONALDSON CO	COM	257651109	462	12,118	SH		SOLE		12,118	0	0
ARCHER DANIELS MIDLAND CO	COM	039483102	610	16,556	SH		SOLE		16,556	0	0
AFLAC INC	COM	001055102	723	11,668	SH		SOLE		11,668	0	0
CVS CORPORATION	COM	126650100	1,749	30,819	SH		SOLE		30,819	0	0
APPLE COMPUTER INC	COM	037833100	11,596	24,324	SH		SOLE		24,324	0	0
KROGER CO	COM	501044101	551	13,668	SH		SOLE		13,668	0	0
PNC FINANCIAL SERVICES GROUP.	COM	693475105	960	13,251	SH		SOLE		13,251	0	0
NEWMONT MINING	COM	651639106	347	12,331	SH		SOLE		12,331	0	0
PROGRESSIVE CORP	COM	743315103	425	15,611	SH		SOLE		15,611	0	0
ANADARKO PETE CORP.	COM	032511107	1,170	12,584	SH		SOLE		12,584	0	0
BALL CORP COM	COM	058498106	597	13,303	SH		SOLE		13,303	0	0
SUN TRUST BANKS	COM	867914103	439	13,526	SH		SOLE		13,526	0	0
BAKER HUGHES INC COM	COM	057224107	545	11,093	SH		SOLE		11,093	0	0
WALGREEN CO.	COM	931422109	1,315	24,448	SH		SOLE		24,448	0	0
FRANKLIN RESOURCES	COM	354613101	546	10,800	SH		SOLE		10,800	0	0
MICROSOFT CORP	COM	594918104	7,262	218,013	SH		SOLE		218,013	0	0
INTERPUBLIC GROUP	COM	460690100	400	23,276	SH		SOLE		23,276	0	0
MICRON TECHNOLOGY INC COM	COM	595112103	450	25,781	SH		SOLE		25,781	0	0
BAXTER INTL INC	COM	071813109	936	14,244	SH		SOLE		14,244	0	0
MYLAN LABORATORIES	COM	628530107	382	10,011	SH		SOLE		10,011	0	0
ORACLE CORPORATION	COM	68389X105	3,095	93,319	SH		SOLE		93,319	0	0
FIFTH THIRD BANCORP	COM	316773100	395	21,891	SH		SOLE		21,891	0	0
CADENCE DESIGN SYS INC	COM	127387108	335	24,791	SH		SOLE		24,791	0	0
EQUIFAX INC	COM	294429105	645	10,779	SH		SOLE		10,779	0	0
SYSCO CORP	COM	871829107	481	15,109	SH		SOLE		15,109	0	0
T J X COMPANIES INC NEW	COM	872540109	1,066	18,910	SH		SOLE		18,910	0	0
HOME DEPOT INC	COM	437076102	2,907	38,332	SH		SOLE		38,332	0	0
BRISTOL MYERS SQUIBB CO	COM	110122108	1,984	42,870	SH		SOLE		42,870	0	0
ADOBE SYS INC	COM	00724F101	662	12,744	SH		SOLE		12,744	0	0
CABOT OIL GAS CORP	COM	127097103	413	11,075	SH		SOLE		11,075	0	0
AMGEN INC	COM	031162100	2,206	19,708	SH		SOLE		19,708	0	0
DANAHER CORP	COM	235851102	1,049	15,134	SH		SOLE		15,134	0	0
APPLIED MATLS INC	COM	038222105	545	31,062	SH		SOLE		31,062	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	1,828	25,527	SH		SOLE		25,527	0	0
INTERNATIONAL GAME TECHNOLOGY	COM	459902102	441	23,291	SH		SOLE		23,291	0	0
STAPLES INC	COM	855030102	243	16,615	SH		SOLE		16,615	0	0
KEYCORP NEW	COM	493267108	263	23,038	SH		SOLE		23,038	0	0
CENTURYLINK INC	COM	156700106	478	15,243	SH		SOLE		15,243	0	0
OWENS ILL INC	COM	690768403	311	10,345	SH		SOLE		10,345	0	0
CISCO SYS INC	COM	17275R102	3,133	133,757	SH		SOLE		133,757	0	0
SYMANTEC CORP	COM	871503108	447	18,068	SH		SOLE		18,068	0	0
EMC CORP MASS COM	COM	268648102	1,377	53,888	SH		SOLE		53,888	0	0
MORGAN STANLEY	COM	617446448	1,020	37,833	SH		SOLE		37,833	0	0
HEALTH MGMT ASSOC. CL A	COM	421933102	291	22,717	SH		SOLE		22,717	0	0
BOSTON SCIENTIFIC CORP	COM	101137107	396	33,766	SH		SOLE		33,766	0	0
ALLSTATE CORP	COM	020002101	593	11,728	SH		SOLE		11,728	0	0
COSTCO WHOLESALE CORP	COM	22160K105	1,320	11,465	SH		SOLE		11,465	0	0
RPM INTERNATIONAL INC DELAWARE	COM	749685103	400	11,061	SH		SOLE		11,061	0	0
RAYONIER INC	COM	754907103	614	11,037	SH		SOLE		11,037	0	0
US BANCORP DEL NEW	COM	902973304	1,693	46,293	SH		SOLE		46,293	0	0
ATMEL CORP	COM	049513104	279	37,547	SH		SOLE		37,547	0	0
CABLEVISION SYS CORP	COM	12686C109	294	17,467	SH		SOLE		17,467	0	0
ROBERT HALF INTL INC	COM	770323103	487	12,481	SH		SOLE		12,481	0	0
THE CHARLES SCHWAB CORPORATION	COM	808513105	587	27,775	SH		SOLE		27,775	0	0
CAPITAL ONE FINL CORP	COM	14040H105	1,005	14,620	SH		SOLE		14,620	0	0
B B T CORPORATION	COM	054937107	593	17,563	SH		SOLE		17,563	0	0
FREEPORT-MCMORAN COPPER GOCL B	COM	35671D857	857	25,892	SH		SOLE		25,892	0	0
WASTE MANAGEMENT	COM	94106L109	482	11,684	SH		SOLE		11,684	0	0
HARTFORD FINANCIAL SERVICE GROUP INC	COM	416515104	355	11,410	SH		SOLE		11,410	0	0
EXPRESS SCRIPTS HOLDING COMPANY	COM	30219G108	1,319	21,349	SH		SOLE		21,349	0	0
QUALCOMM INC	COM	747525103	3,058	45,394	SH		SOLE		45,394	0	0
HOLOGIC INC	COM	436440101	234	11,328	SH		SOLE		11,328	0	0
CREE RESH INC	COM	225447101	622	10,331	SH		SOLE		10,331	0	0
AES CORP	COM	00130H105	206	15,537	SH		SOLE		15,537	0	0
STARBUCKS CORP	COM	855244109	1,514	19,671	SH		SOLE		19,671	0	0
NATIONAL OILWELL VARCO INC. COMMON	COM	637071101	835	10,695	SH		SOLE		10,695	0	0
NCR CORP NEW	COM	62886E108	570	14,402	SH		SOLE		14,402	0	0
STATE STR CORP	COM	857477103	750	11,414	SH		SOLE		11,414	0	0
VALERO REFNG MARKETING CO	COM	91913Y100	466	13,649	SH		SOLE		13,649	0	0
ANNALY CAPITAL MGT INC	COM	035710409	254	21,968	SH		SOLE		21,968	0	0
YAHOO INC COM	COM	984332106	746	22,491	SH		SOLE		22,491	0	0
FIRSTENERGY CORP	COM	337932107	382	10,467	SH		SOLE		10,467	0	0
SEALED AIR CORP NEW	COM	81211K100	476	17,515	SH		SOLE		17,515	0	0
BROADCOM CORP	COM	111320107	378	14,517	SH		SOLE		14,517	0	0
GALLAGHER ARTHUR J CO	COM	363576109	485	11,101	SH		SOLE		11,101	0	0
SEI INVTS CO	COM	784117103	375	12,123	SH		SOLE		12,123	0	0
NVIDIA CORP	COM	67066G104	225	14,465	SH		SOLE		14,465	0	0
GOLDMAN SACHS GROUP INC	COM	38141G104	1,804	11,402	SH		SOLE		11,402	0	0
EATON VANCE CORP	COM	278265103	408	10,515	SH		SOLE		10,515	0	0
HOST HOTELS RESORTS INC.	COM	44107P104	329	18,639	SH		SOLE		18,639	0	0
EBAY INC	COM	278642103	1,889	33,858	SH		SOLE		33,858	0	0
JUNIPER NETWORKS INC	COM	48203R104	254	12,786	SH		SOLE		12,786	0	0
DEVON ENERGY CORPORATION NEW	COM	25179M103	584	10,109	SH		SOLE		10,109	0	0
GILEAD SCIENCES INC	COM	375558103	2,518	40,075	SH		SOLE		40,075	0	0
MANITOWOC INC	COM	563571108	229	11,692	SH		SOLE		11,692	0	0
WASTE CONNECTIONS INC	COM	941053100	471	10,363	SH		SOLE		10,363	0	0
UNITED PARCEL SERVICE INC	COM	911312106	1,739	19,029	SH		SOLE		19,029	0	0
TRIMBLE NAVIGATION LTD	COM	896239100	666	22,408	SH		SOLE		22,408	0	0
EXXON MOBIL CORP	COM	30231G102	9,569	111,214	SH		SOLE		111,214	0	0
HONEYWELL INTL INC	COM	438516106	1,716	20,662	SH		SOLE		20,662	0	0
DOMINION RES INC VA NEW	COM	25746U109	903	14,455	SH		SOLE		14,455	0	0
TIBCO SOFTWARE INC	COM	88632Q103	368	14,375	SH		SOLE		14,375	0	0
RESMED INC	COM	761152107	659	12,477	SH		SOLE		12,477	0	0
METLIFE INC	COM	59156R108	1,070	22,794	SH		SOLE		22,794	0	0
CELGENE CORP	COM	151020104	1,687	10,958	SH		SOLE		10,958	0	0
FORD MTR CO DEL	COM	345370860	1,661	98,431	SH		SOLE		98,431	0	0
XCEL ENERGY INC	COM	98389B100	344	12,445	SH		SOLE		12,445	0	0
CHICO'S FAS INC	COM	168615102	226	13,544	SH		SOLE		13,544	0	0
MONSANTO CO NEW	COM	61166W101	1,464	14,025	SH		SOLE		14,025	0	0
FLOWERS FOODS INC	COM	343498101	321	14,983	SH		SOLE		14,983	0	0
ACCENTURE	COM	G1151C101	1,244	16,890	SH		SOLE		16,890	0	0
CHEVRON CORP COM	COM	166764100	5,895	48,517	SH		SOLE		48,517	0	0
PRUDENTIAL FINL INC	COM	744320102	923	11,838	SH		SOLE		11,838	0	0
MARATHON OIL CORP	COM	565849106	619	17,740	SH		SOLE		17,740	0	0
3M CO	COM	88579Y101	2,141	17,928	SH		SOLE		17,928	0	0
CHESAPEAKE ENERGY CORP	COM	165167107	372	14,389	SH		SOLE		14,389	0	0
SLM CORP	COM	78442P106	277	11,118	SH		SOLE		11,118	0	0
YUM BRANDS INC	COM	988498101	844	11,818	SH		SOLE		11,818	0	0
SKYWORKS SOLUTIONS INC	COM	83088M102	364	14,671	SH		SOLE		14,671	0	0
CONOCOPHILLIPS	COM	20825C104	2,127	30,599	SH		SOLE		30,599	0	0
CENTERPOINT ENERGY INC	COM	15189T107	257	10,725	SH		SOLE		10,725	0	0
COMCAST CORP NEW	COM	20030N101	3,102	68,713	SH		SOLE		68,713	0	0
JARDEN CORP	COM	471109108	539	11,137	SH		SOLE		11,137	0	0
ALTRIA GROUP INC	COM	02209S103	1,686	49,077	SH		SOLE		49,077	0	0
PROLOGIS INC COM	COM	74340W103	469	12,469	SH		SOLE		12,469	0	0
CARNIVAL CORP COM	COM	143658300	343	10,504	SH		SOLE		10,504	0	0
SIRIUS XM RADIO INC	COM	82967N108	284	73,334	SH		SOLE		73,334	0	0
DELL INC	COM	24702R101	437	31,757	SH		SOLE		31,757	0	0
AQUA AMER INC	COM	03836W103	346	14,010	SH		SOLE		14,010	0	0
SALESFORCE.COM INC	COM	79466L302	800	15,412	SH		SOLE		15,412	0	0
REGIONS FINL CORP NEW	COM	7591EP100	328	35,375	SH		SOLE		35,375	0	0
KIMCO RLTY CORP	COM	49446R109	206	10,228	SH		SOLE		10,228	0	0
TWENTY-FIRST CENTURY FOX INC. CL A	COM	90130A101	1,605	47,904	SH		SOLE		47,904	0	0
LAZARD LTD COM	COM	G54050102	404	11,223	SH		SOLE		11,223	0	0
ISHARES RUSSELL 1000	COM	464287614	3,240	41,430	SH		SOLE		41,430	0	0
CROWN HOLDINGS	COM	228368106	475	11,235	SH		SOLE		11,235	0	0
LKQ CORPORATION COM	COM	501889208	833	26,157	SH		SOLE		26,157	0	0
SERVICE CORP INTERNATIONAL (COM)	COM	817565104	290	15,558	SH		SOLE		15,558	0	0
OMEGA HEALTHCARE INVESTORS	COM	681936100	304	10,172	SH		SOLE		10,172	0	0
CBS CORP (COM)	COM	124857202	881	15,979	SH		SOLE		15,979	0	0
VIACOM INC CL-B COM	COM	92553P201	1,057	12,647	SH		SOLE		12,647	0	0
TW TELECOM INC	COM	87311L104	393	13,165	SH		SOLE		13,165	0	0
DUKE ENERGY CORP COM	COM	26441C204	1,179	17,662	SH		SOLE		17,662	0	0
LIBERTY INTERACTIVE CORPORATION	COM	53071M104	290	12,338	SH		SOLE		12,338	0	0
WINDSTREAM HOLDINGS INC COM	COM	97382A101	407	50,916	SH		SOLE		50,916	0	0
RIVERBED TECHNOLOGY INC COM	COM	768573107	200	13,736	SH		SOLE		13,736	0	0
WESTERN UNION CO COM	COM	959802109	273	14,637	SH		SOLE		14,637	0	0
JDS UNIPHASE CORP COM	COM	46612J507	255	17,303	SH		SOLE		17,303	0	0
SALLY BEAUTY CO INC COM	COM	79546E104	389	14,873	SH		SOLE		14,873	0	0
ISHARES RUSSELL 1000	COM	464287598	3,480	40,368	SH		SOLE		40,368	0	0
SPECTRA ENERGY CORP COM	COM	847560109	573	16,749	SH		SOLE		16,749	0	0
TOTAL SYSTEM SERVICES INC COM	COM	891906109	360	12,250	SH		SOLE		12,250	0	0
ON SEMICONDUCTOR CORPORATION COM	COM	682189105	278	38,035	SH		SOLE		38,035	0	0
BROADRIDGE FINANCIAL SOLUTIONS COM	COM	11133T103	337	10,616	SH		SOLE		10,616	0	0
CHENIERE ENERGY INC COM	COM	16411R208	722	21,139	SH		SOLE		21,139	0	0
CINEMARK HOLDINGS INC COM	COM	17243V102	321	10,103	SH		SOLE		10,103	0	0
DELTA AIR LINES INC COM	COM	247361702	517	21,928	SH		SOLE		21,928	0	0
BANK OF NEW YORK MELLON CORP COM	COM	064058100	877	29,043	SH		SOLE		29,043	0	0
DISCOVER FINANCIAL SERVICES COM	COM	254709108	620	12,276	SH		SOLE		12,276	0	0
COVIDIEN PLC F	COM	G2554F113	717	11,767	SH		SOLE		11,767	0	0
INVESCO LTD COM	COM	G491BT108	355	11,128	SH		SOLE		11,128	0	0
VISA INC CL A COM	COM	92826C839	2,621	13,716	SH		SOLE		13,716	0	0
HCP INC	COM	40414L109	466	11,374	SH		SOLE		11,374	0	0
PHILIP MORRIS INTERNATIONAL COM	COM	718172109	3,460	39,960	SH		SOLE		39,960	0	0
TIME WARNER INC COM	COM	887317303	1,535	23,331	SH		SOLE		23,331	0	0
AMERICAN INTERNATIONAL GROUP COM	COM	026874784	1,797	36,945	SH		SOLE		36,945	0	0
GENPACT LTD COM	COM	G3922B107	278	14,724	SH		SOLE		14,724	0	0
WARNER CHILCOTT PLC-CLASS A COM	COM	G94368100	418	18,289	SH		SOLE		18,289	0	0
MERCK CO INC COM	COM	58933Y105	3,590	75,412	SH		SOLE		75,412	0	0
FORTINET INC COM	COM	34959E109	241	11,881	SH		SOLE		11,881	0	0
BERKSHIRE HATHAWAY INC CL-B COM	COM	084670702	5,113	45,047	SH		SOLE		45,047	0	0
ARIAD PHARMACE INC.	COM	04033A100	298	16,179	SH		SOLE		16,179	0	0
KODIAK OIL GAS CORP.	COM	50015Q100	248	20,600	SH		SOLE		20,600	0	0
ISHARES RUSSELL 3000	COM	464287689	3,125	30,898	SH		SOLE		30,898	0	0
GENERAL GROWTH PROPERTIES INC COM	COM	370023103	266	13,786	SH		SOLE		13,786	0	0
GENERAL MOTORS CO COM	COM	37045V100	757	21,043	SH		SOLE		21,043	0	0
KINDER MORGAN INC COM	COM	49456B101	617	17,354	SH		SOLE		17,354	0	0
CITIGROUP INC COM	COM	172967424	3,694	76,157	SH		SOLE		76,157	0	0
PANDORA MEDIA INC COM	COM	698354107	312	12,425	SH		SOLE		12,425	0	0
LYONDELLBASELL INDU-CL A COM	COM	N53745100	787	10,745	SH		SOLE		10,745	0	0
ALKERMES PLC BEF COM	COM	G01767105	372	11,071	SH		SOLE		11,071	0	0
FORTUNS BRANDS HOME SECURITY INC COM	COM	34964C106	548	13,167	SH		SOLE		13,167	0	0
GROUPON INC COM	COM	399473107	412	36,776	SH		SOLE		36,776	0	0
AMERICAN TOWER CORP	COM	03027X100	770	10,390	SH		SOLE		10,390	0	0
PHILLIPS 66 COM	COM	718546104	896	15,492	SH		SOLE		15,492	0	0
FACEBOOK INC COM	COM	30303M102	2,091	41,626	SH		SOLE		41,626	0	0
HILLSHIRE BRANDS CO	COM	432589109	331	10,781	SH		SOLE		10,781	0	0
DIRECTV COM	COM	25490A309	818	13,697	SH		SOLE		13,697	0	0
KRAFT FOODS GROUP INC COM	COM	50076Q106	819	15,619	SH		SOLE		15,619	0	0
MONDELEZ INTERNATIONAL INC COM	COM	609207105	1,403	44,661	SH		SOLE		44,661	0	0
WHITEWAVE FOODS CO COM	COM	966244105	242	12,137	SH		SOLE		12,137	0	0
EATON CORP PLC COM	COM	G29183103	815	11,840	SH		SOLE		11,840	0	0
ABBVIE INC COM	COM	00287Y109	1,861	41,610	SH		SOLE		41,610	0	0
ZOETIS INC COM	COM	98978V103	409	13,132	SH		SOLE		13,132	0	0
LIBERTY GLOBAL PLC COM	COM	G5480U104	1,005	12,663	SH		SOLE		12,663	0	0
ABBOTT LABORATORIES	COM	002824100	1,295	39,015	SH		SOLE		39,015	0	0
ADVANCED MICRO DEVICES INC	COM	007903107	202	53,081	SH		SOLE		53,081	0	0
AMERICAN ELECTRIC POWER	COM	025537101	527	12,164	SH		SOLE		12,164	0	0
AMERICAN EXPRESS CO.	COM	025816109	1,877	24,860	SH		SOLE		24,860	0	0
AUTOMATIC DATA PROCESSING INC.	COM	053015103	923	12,753	SH		SOLE		12,753	0	0
AVON PRODUCTS INC.	COM	054303102	234	11,378	SH		SOLE		11,378	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	3,507	75,167	SH		SOLE		75,167	0	0
BOEING CO.	COM	097023105	2,328	19,816	SH		SOLE		19,816	0	0
C S X CORP.	COM	126408103	675	26,211	SH		SOLE		26,211	0	0
CATERPILLAR TRACTOR CO.	COM	149123101	1,382	16,571	SH		SOLE		16,571	0	0
J P MORGAN CHASE CO	COM	46625H100	4,890	94,597	SH		SOLE		94,597	0	0
COCA-COLA COMPANY	COM	191216100	3,807	100,499	SH		SOLE		100,499	0	0
COLGATE PALMOLIVE CO.	COM	194162103	1,447	24,404	SH		SOLE		24,404	0	0
CONAGRA FOODS INC.	COM	205887102	331	10,913	SH		SOLE		10,913	0	0
CORNING INC	COM	219350105	539	36,918	SH		SOLE		36,918	0	0
DISNEY (WALT) PRODUCTIONS	COM	254687106	2,923	45,320	SH		SOLE		45,320	0	0
DOW CHEMICAL CO.	COM	260543103	1,170	30,471	SH		SOLE		30,471	0	0
DU PONT (E.I.) DE NEMOURS CO	COM	263534109	1,416	24,185	SH		SOLE		24,185	0	0
EMERSON ELECTRIC CO.	COM	291011104	1,207	18,662	SH		SOLE		18,662	0	0
NEXTERA ENERGY INC	COM	65339F101	852	10,628	SH		SOLE		10,628	0	0
GENERAL ELECTRIC CO.	COM	369604103	6,176	258,532	SH		SOLE		258,532	0	0
GOODYEAR TIRE RUBBER CO.	COM	382550101	493	21,973	SH		SOLE		21,973	0	0
HALLIBURTON CO.	COM	406216101	1,172	24,331	SH		SOLE		24,331	0	0
HEWLETT-PACKARD CO.	COM	428236103	1,020	48,625	SH		SOLE		48,625	0	0
INTEL CORP	COM	458140100	2,861	124,814	SH		SOLE		124,814	0	0
INTERN'L BUSINESS MACHINES CORP	COM	459200101	5,061	27,332	SH		SOLE		27,332	0	0
INTERN'L PAPER CO.	COM	460146103	520	11,610	SH		SOLE		11,610	0	0
JOHNSON JOHNSON	COM	478160104	6,136	70,777	SH		SOLE		70,777	0	0
JOHNSON CONTROLS INC.	COM	478366107	711	17,144	SH		SOLE		17,144	0	0
KIMBERLY-CLARK CORP.	COM	494368103	944	10,018	SH		SOLE		10,018	0	0
LILLY (ELI) CO.	COM	532457108	1,262	25,079	SH		SOLE		25,079	0	0
LOWES COMPANIES	COM	548661107	1,359	28,534	SH		SOLE		28,534	0	0
MCDONALD'S CORP.	COM	580135101	2,534	26,339	SH		SOLE		26,339	0	0
MEDTRONIC INC.	COM	585055106	1,354	25,421	SH		SOLE		25,421	0	0
BANK OF AMERICA CORP COM	COM	060505104	3,723	269,807	SH		SOLE		269,807	0	0
WELLS FARGO CO	COM	949746101	4,994	120,856	SH		SOLE		120,856	0	0
PEPSICO INC.	COM	713448108	3,230	40,629	SH		SOLE		40,629	0	0
PFIZER INC COM	COM	717081103	4,803	167,284	SH		SOLE		167,284	0	0
EXELON CORPORATION	COM	30161N101	635	21,427	SH		SOLE		21,427	0	0
PROCTER GAMBLE CO.	COM	742718109	5,185	68,595	SH		SOLE		68,595	0	0
PUBLIC SERVICE ENTERPRISE GROUP INC	COM	744573106	417	12,663	SH		SOLE		12,663	0	0
SCHLUMBERGER LTD	COM	806857108	3,086	34,924	SH		SOLE		34,924	0	0
SOUTHERN CO.	COM	842587107	897	21,784	SH		SOLE		21,784	0	0
AT T INC COM	COM	00206R102	4,550	134,538	SH		SOLE		134,538	0	0
TEXAS INSTRUMENTS INC.	COM	882508104	1,174	29,141	SH		SOLE		29,141	0	0
UNION PACIFIC CORP.	COM	907818108	1,905	12,264	SH		SOLE		12,264	0	0
UNITED TECHNOLOGIES CORP.	COM	913017109	2,581	23,941	SH		SOLE		23,941	0	0
WAL-MART STORES INC.	COM	931142103	3,083	41,685	SH		SOLE		41,685	0	0
WEYERHAEUSER CO.	COM	962166104	438	15,303	SH		SOLE		15,303	0	0
WILLIAMS COS	COM	969457100	638	17,552	SH		SOLE		17,552	0	0
XEROX CORP COM	COM	984121103	316	30,732	SH		SOLE		30,732	0	0
GENERAL MILLS	COM	370334104	812	16,937	SH		SOLE		16,937	0	0
ALCOA INC	COM	013817101	217	26,763	SH		SOLE		26,763	0	0
OCCIDENTAL PETROLEUM CORP	COM	674599105	1,886	20,164	SH		SOLE		20,164	0	0
DEERE CO	COM	244199105	829	10,190	SH		SOLE		10,190	0	0
TARGET CORP	COM	87612E106	1,068	16,689	SH		SOLE		16,689	0	0
PG E CORP.	COM	69331C108	453	11,066	SH		SOLE		11,066	0	0
MARSH MC LENNAN CO	COM	571748102	621	14,259	SH		SOLE		14,259	0	0