13F-HR 1 dec10.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 123110 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Greylin Investment Management Inc Address: 5068 W Plano Parkway Suite 277 Plano, TX 75093 13F File Number: 28-06705 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: D. Gregory Parkinson Title: President Phone: 9729314808 Signature, Place, and Date of Signing: D. Gregory Parkinson Plano, TX January 27, 2011 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: I AM SIGNING THIS REPORT AS REQUIRED BY THE THE SECURITIES EXCHANGE ACT OF 1934. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form13F Information Table Entry Total: 46 Form13F Information Table Value Total: $183,474 thousands List of Other Included Managers: List of Other Managers Reporting for this Manager: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional managers with respect to which this report is filed, other than the manager filing this report. NONE FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- Abbott Laboratories COM 002824100 1896 39570 SH SOLE 39570 Accuray Inc COM 59 8675 SH SOLE 8675 American Express COM 025816109 146 3400 SH SOLE 3400 Amgen Inc COM 754 13735 SH SOLE 13735 AT&T COM 001957109 19 662 SH SOLE 662 Automatic Data Processing COM 053015103 241 5200 SH SOLE 5200 Berkshire Hathaway Cl A 1/100t COM 241 200 SH SOLE 200 Berkshire Hathaway Class B COM 084670207 46096 575403 SH SOLE 575403 BP plc ADR COM 055622104 110 2500 SH SOLE 2500 Bristol-Myers Squibb COM 110122108 724 27325 SH SOLE 27325 Caterpillar Inc COM 149123101 234 2500 SH SOLE 2500 Central Fund of Canada Cl A 153501101 10651 513775 SH SOLE 513775 Chevron COM 166764100 27 300 SH SOLE 300 cisco Systems COM 17275R102 291 14400 SH SOLE 14400 Coca Cola COM 191216100 12770 194155 SH SOLE 194155 ConocoPhillips COM 20825C104 6932 101790 SH SOLE 101790 Diageo PLC ADR COM 141 1900 SH SOLE 1900 Dominion Resources Black Warri COM 25746Q108 1537 99475 SH SOLE 99475 Duke Energy COM 264399106 73 4100 SH SOLE 4100 Enterprise Prods Ptn COM 254 6100 SH SOLE 6100 Exxon Mobil COM 30231G102 19991 273405 SH SOLE 273405 First Industrial Realty COM 494 56400 SH SOLE 56400 General Electric COM 369604103 434 23743 SH SOLE 23743 Home Depot COM 437076102 6017 171625 SH SOLE 171625 Honeywell Intl COM 438516106 498 9373 SH SOLE 9373 Illinois Tool Works COM 471 8825 SH SOLE 8825 Int'l Business Machines COM 459200101 919 6260 SH SOLE 6260 Johnson & Johnson COM 478160104 12529 202578 SH SOLE 202578 Kraft Foods Cl A COM 4564 144852 SH SOLE 144852 Lilly Eli & Company COM 532457108 9241 263730 SH SOLE 263730 Lowe's Companies COM 548661107 955 38060 SH SOLE 38060 M&T Bank COM 218 2500 SH SOLE 2500 McDonalds Corp COM 580135101 114 1480 SH SOLE 1480 Medtronic Inc COM 380 10250 SH SOLE 10250 Merck & Co COM 589331107 15105 419105 SH SOLE 419105 Pepsico COM 713448108 1199 18352 SH SOLE 18352 Philip Morris Int'l COM 254 4332 SH SOLE 4332 Procter & Gamble COM 742718109 814 12650 SH SOLE 12650 Texas Instruments COM 882508104 16 500 SH SOLE 500 U S Bancorp COM 902973304 6217 230525 SH SOLE 230525 United States Natural Gas Fund 2043 340988 SH SOLE 340988 USG Corp COM 903293405 11467 681318 SH SOLE 681318 Wells Fargo & Co COM 949746101 5722 184645 SH SOLE 184645 YUM! Brands COM 895953107 245 5000 SH SOLE 5000 Zimmer Holdings COM 371 6915 SH SOLE 6915