J. Thomas Ray

Exxon CS.

Johnson & Johnson CS

Amgen Inc. CS

Amgen, Inc. CS — Int/Div — Sold

Applied Materials C.S — Int/Div — Sold

ArchCoul CS. — Int/Div — Buy

Bank of America CS — Int/Div

Barrick Gold CS — Int/Div

Berkshire Hathaway (B) C.S — None

BPPLC ADR — Int/Div

Bnstol Meyers C.S — Int/Div — Sold (part)

Bunge Ltd. CS — Int/Div — Sold

Cenovus Energy Inc. C.S — Int/Div — Buy

Chevron CS. — Int/Div

Citigroup Inc. CS — Int/Div — Sold

Conoco Phillips C.S — Int/Div

Dellinc. CS — Int/Div — Buy

Dow Chemical Co. CS — Int/Div

DuPont CS — Int/Div

EhLilly CS. — Int/Div

Encana Corp. CS. — Int/Div

Exelis Inc. CS. — Int/Div

Exxon Mobil Corp. CS. — Int/Div

Fairfax Financial Hldgs C.S — Int/Div

Freeport McMorran C.S, — Int/Div

Gannett Co. Inc. CS — Int/Div

Glaxosmithkline PLC CS. — Int/Div — Sold (part)

Goodyear Tire CS. — None

Hewlett Packard CS — Int/Div — Buy

Inmet Mining Corp. C.S. — Int/Div

Intel CS — Int/Div — Sold

J P Morgan Chase CS. — Int/Div

Johnson & Johnson C.S — Int/Div — Sold (part)

Kon Philips CS — None

Leucadia Corp. CS. — Int/Div

Lexmark Intl Inc. CS. — Int/Div — Buy

MEMC Materials C.S — None

EhLillyCS — Int/Div — Buy

Merck & Co. Inc. CS. — Int/Div

MFC Industnes CS. — Int/Div

Newmont Mining C.S — Int/Div

Nok CS — None — Buy

Overseas Shph Group Inc. C.S — None — Sold

Permian Basin Trust CS — Int/Div — Buy

Peabody Energy Corp. CS — Int/Div — Buy

Phizer Inc. CS. — Int/Div

Phillips 66 C.S — Int/Div — Buy

Potash Corp. CS — Int/Div

Precision Drilling C.S — Int/Div

Sanofi Aventis C.S. — Int/Div

Seagate Technology CS — Int/Div — Sold

Stryker Corp. CS. — Int/Div

Teck Resources C.S. — Int/Div

Thermo Fisher CS. — Int/Div

Thompson Creek Metals C.S — None

Transocean Inc. CS — None

Tsakos Nav. CS — Int/Div

Valero Energy C.S — Int/Div

Wells Fargo CS. — Int/Div

Weyerhauser Co CS — Int/Div

Ark. State GO Bond — Interest — Redeemed

Fort Smith WTR Bond — Interest

UCA Rev. Bond — Interest

Charles Schwab (Cash Equivalents) — Interest

ORVAcadia & Ver. Par, LA; Genesis: Nexen; Conoco Phillips — Rovalty

ORL/Regan County, TX/Pioneer Natural Resources — Rovalty

W/L Acadia & Vermillion Par., LA/Genesis; Conoco Phillips — Rovalty

Rental Property (Pulaski County, AR) — Rent

Rollover IRA — Int/Div

Charles Schwab (Cash Equivalents)

Amgen CS

Apache CS — Buy

ArchCoal CS. — Buy

Bank of America. CS

Barrick Gold Corp. CS. — Buy

Berkshire Hathaway (B) C.S

BP Prudhoe Bay Rovalty Trust — Buy

CitiGroup Inc. C.S — Sold

Celgene CS

Chevron CS.

Conoco Phillips CS

Dow Chemical CS

DuwPomt CS — Sold

Encana Corp CS.

Exxon CS

Freeport McMoran C.S

General Electric Co. C.S

Gilead Sciences Inc. C.S

J.P. Morgan C.S

Leucadia National Corp. C.S — Buy

Life Tech. Corp. CS. — Sold

Merck & Co. Inc. CS.

Mosaic Co. CS — Sold

Overseas Shipping Group C.S — Sold

Permian Basin Royalty Trust C.S. — Buy

Pfizer Inc. CS

Phillips 66 C.S — Buy

Potash Corp. C.S

Sanofi Aventis C.S

Stryker C.S.

Teva Pharm CS

Total ADR — Buy

Transocean Inc. CS

Tsakos Energy Nav. C.S — Buy

Veolia Environmental ADR CS — Buy

Wells Fargo & Co. CS

IRA #1 — Int/Div

Amgen Inc. CS

Apache Corp. C.S — Buy

Bank of America CS

Berkshire Hathaway (B) C.S

Bunge Lid. CS — Sold

Celgene CS.

Conoco CS

Dow Chemical Co CS

Exxon Mobil CS.

Gilead Sciences Inc. CS.

Jolmson & Johnson C.S

J.P. Morgan Chase C.S

Leucadia National Corp. C.S. — Buy

Life Tech. Comp. C.S — Sold

Merck CS.

Phillips 66 CS — Buy

Pfizer CS.

Potash Corp C.S.

TEVA Pharma ADR

Tsakos Energy Nav. C.S — Buy

Veolia Environmental ADR CS — Buy

Charles Schwab (Cash Equivalents)

IRA #2 — Int/Div

Amgen Inc. CS.

Arch Coal CS. — Buy

Bank of America CS

Barrick Gold Corp. CS.

Berkshire Hathaway (B) C.S

Celgene CS

Encana Corp. CS

Exxon CS.

Gilead Sciences Inc. CS.

Johnson & Johnson C.S

Merck CS.

Permian Basin Rovalty Trust C.S — Int/Div — Buy

Pfizer Inc. CS.

Teva ADR

Charles Schwab (Cash Equivalents)

Trust #1 — Int/Div

Amgen Inc. CS

Bank of America CS.

Celgene CS.

Citigroup C.S — Sold

Conoco Phillips C.S

Gilead Sciences Inc. C.S

Johnson & Johnson C.S

Permian Basin Rovalty Trust C.S — Buy

Phizer CS.

Phillips 66 C.S — Buy

Charles Schwab (Cash Equivalents)

Trust #2 — Int/Div

Apache Corp. CS — Buy

Bank of America CS

Barrick Gold Corp. CS,

Berkshire Hathaway (B) C.S

Celgene CS

Chevron CS.

Dow Chemical Co. CS.

DuPont Co. CS.

Encana Corp. CS.

Freeport McMoran CS — Buy

General Electric CS.

Gilead Sciences Inc. C.S.

Johnson & Johnson CS.

Leucadia National Corp. C.S. — Buy

Life Technologies C.S

Merck & Co. CS

Monsanto CS. — Sold

Overseas Shipholding Grp. C.S — Sold

Permian Basin Royalty Trust C.S — Buy

Pfizer CS

Potash Corp. C.S

Sanofi Aventis CS

Stryker C.S

Teva Pharma CS.

Thermo Fisher CS

Transocean Inc. C.S

Vale CS.

Veolia Environmental ADR CS — Buy

Wells Fargo C.S

Charles Schwab (Cash Equivalents)

Trust #3 — Int/Div

Berkshire Hathaway (B) CS

Dow Chemical Co. CS.

Encana Corp. CS

Merck CS.

Life Insurance -Flexible Premium Adjustable Life Ins. Policy — Interest

Liability — FLC — Note and Mortgage on Rental Prop., Pulaski County, AR (Pr. VII, Line 56)

None