13F-HR 1 form13f063008lw.txt FORM 13F AS OF JUNE 30, 2008 FORM 13F INFORMATION TABLE LINSCOMB & WILLIAMS SECURITIES AND EXCHANGE COMMISSION FORM 13F AS OF 6/30/2008 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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- MidCap SPDR Trust MF 595635103 17683 118839.581SH SOLE 118839.581 Powershares QQQ Trust Ser 1 MF 73935A104 1020 22578.762SH SOLE 22578.762 SPDR Trust Ser 1 MF 78462F103 26584 207723.406SH SOLE 207723.406 Vanguard Euro Stk ETF MF 922042874 1374 20948.443SH SOLE 20948.443 Vanguard REIT Index ETF MF 922908553 1132 19377.546SH SOLE 19377.546 WisdomTree DEFA High Yield Equ MF 97717W802 15247 269672.200SH SOLE 269672.200 WisdomTree Emerging Mkts H/Y E MF 97717w315 1102 21202.000SH SOLE 21202.000 WisdomTree High Yield Equity MF 97717W208 1332 33481.846SH SOLE 33481.846 WisdomTree Intl Small Cap Div MF 97717w760 4018 71146.071SH SOLE 71146.071 WisdomTree Large Cap Dividend MF 97717w307 8358 175727.495SH SOLE 175727.495 WisdomTree Mid Cap Dividend MF 97717W505 279 6088.696 SH SOLE 6088.696 WisdomTree Small Cap Dividend MF 97717w604 345 8407.083 SH SOLE 8407.083 iShares Asia Pacific Ex Japan MF 464286665 5143 37792.048SH SOLE 37792.048 iShares Cohen & Steers Realty MF 464287564 539 7176.000 SH SOLE 7176.000 iShares DJ Sel Dividend MF 464287168 5181 105195.414SH SOLE 105195.414 iShares MSCI EAFE Index MF 464287465 2972 43280.751SH SOLE 43280.751 iShares S&P 100 Index MF 464287101 2431 41807.210SH SOLE 41807.210 iShares S&P 500 Index MF 464287200 71325 557224.942SH SOLE 557224.942 iShares S&P Europe 350 Index MF 464287861 1102 11338.000SH SOLE 11338.000 iShares S&P MidCap 400/BARRA G MF 464287606 510 5756.457 SH SOLE 5756.457 iShares S&P Midcap 400 Index MF 464287507 41086 504119.643SH SOLE 504119.643 3M Company COM 88579Y101 300 4314.619 SH SOLE 4314.619 AT&T Inc New COM 00206R102 900 26715.208SH SOLE 26715.208 Abbott Laboratories COM 002824100 349 6594.578 SH SOLE 6594.578 Allegiance Bank of Texas COM 01748D106 100 10000.000SH SOLE 10000.000 Altria Group COM 02209S103 244 11850.237SH SOLE 11850.237 American Express COM 025816109 234 6208.005 SH SOLE 6208.005 Apple Inc COM 037833100 341 2035.000 SH SOLE 2035.000 BP PLC - Spons ADR COM 055622104 218 3128.487 SH SOLE 3128.487 Bank of America Corp COM 060505104 775 32449.351SH SOLE 32449.351 Bank of New York Mellon Corp COM 064058100 232 6127.000 SH SOLE 6127.000 Berkshire Hathaway Class B COM 084670207 1296 323.000 SH SOLE 323.000 Blyth COM 09643P108 193 16036.672SH SOLE 16036.672 Boeing Co COM 097023105 289 4400.000 SH SOLE 4400.000 Burlington Northern COM 12189T104 222 2218.169 SH SOLE 2218.169 CIT Group COM 125581108 155 22775.000SH SOLE 22775.000 Camden Property Trust COM 133131102 563 12722.395SH SOLE 12722.395 Centerpoint Energy Inc COM 15189T107 454 28263.900SH SOLE 28263.900 Chevron Corp COM 166764100 2888 29137.215SH SOLE 29137.215 Cisco Systems Inc COM 17275R102 778 33468.000SH SOLE 33468.000 Citigroup COM 172967101 203 12133.888SH SOLE 12133.888 Coca-Cola Company COM 191216100 1744 33548.629SH SOLE 33548.629 Comcast Corp - Special Cl A COM 20030N200 845 45050.000SH SOLE 45050.000 ConocoPhillips COM 20825C104 1897 20098.425SH SOLE 20098.425 Contango Oil & Gas COM 21075N204 232 2500.000 SH SOLE 2500.000 Covidien Ltd COM G2522X108 315 6580.122 SH SOLE 6580.122 Cullen Frost Bankers COM 229899109 622 12487.000SH SOLE 12487.000 Dell Inc COM 24702R101 812 37118.000SH SOLE 37118.000 Devon Energy Corp COM 25179M103 272 2260.172 SH SOLE 2260.172 Dominion Resources Inc/VA New COM 25746U109 219 4618.000 SH SOLE 4618.000 Du Pont E. I. De Nemours & Co. COM 263534109 272 6332.816 SH SOLE 6332.816 Duke Energy Corp New COM 26441C105 179 10295.326SH SOLE 10295.326 Echelon Corp COM 27874N105 183 16820.000SH SOLE 16820.000 Encore Acquisition Co COM 29255W100 1714 22798.000SH SOLE 22798.000 Encore Bancshares COM 29255V201 388 24795.000SH SOLE 24795.000 EnerVest Diversified Income Tr COM 292963105 65 11000.000SH SOLE 11000.000 Entergy Corp New COM 29364G103 319 2648.000 SH SOLE 2648.000 Enterprise Products Partners L COM 293792107 271 9186.000 SH SOLE 9186.000 Exelon Corp COM 30161N101 397 4413.502 SH SOLE 4413.502 Exxon Mobil Corp COM 30231G102 35784 406035.312SH SOLE 406035.312 FPL Group Inc. COM 302571104 292 4445.655 SH SOLE 4445.655 Fluor Corp New COM 343412102 207 1113.000 SH SOLE 1113.000 General Dynamics Corp COM 369550108 311 3689.681 SH SOLE 3689.681 General Electric COM 369604103 1994 74721.102SH SOLE 74721.102 General Mills Inc. COM 370334104 275 4528.401 SH SOLE 4528.401 Georgia Gulf Corp COM 373200203 43 15000.000SH SOLE 15000.000 Google - A COM 38259P508 282 535.000 SH SOLE 535.000 HSBC Holdings PLC COM 404280406 260 3389.000 SH SOLE 3389.000 Halliburton Company COM 406216101 2622 49415.447SH SOLE 49415.447 Hewlett Packard COM 428236103 323 7296.000 SH SOLE 7296.000 Home Depot COM 437076102 266 11359.162SH SOLE 11359.162 Imperial Sugar Co - No Stockho COM 453096109 0 40000.000SH SOLE 40000.000 Ingersoll-Rand Company COM g4776g101 277 7412.000 SH SOLE 7412.000 Intel Corp. COM 458140100 446 20770.838SH SOLE 20770.838 International Business Machine COM 459200101 478 4030.956 SH SOLE 4030.956 Intl Bancshares Corp Laredo TX COM 459044103 651 30482.000SH SOLE 30482.000 J P Morgan Chase & Co COM 46625H100 526 15317.112SH SOLE 15317.112 Johnson & Johnson COM 478160104 1140 17717.762SH SOLE 17717.762 Kinder Morgan Energy Partners COM 494550106 297 5326.000 SH SOLE 5326.000 Kraft Foods Inc A COM 50075N104 237 8328.000 SH SOLE 8328.000 Laboratory Corp of Amer Hldgs COM 50540R409 467 6701.708 SH SOLE 6701.708 Louisiana Pacific Corp COM 546347105 189 22275.000SH SOLE 22275.000 ManuLife Insurance COM 56501R106 209 6011.000 SH SOLE 6011.000 Marathon Oil Corp COM 565849106 222 4286.804 SH SOLE 4286.804 McDermott International Corp. COM 580037109 567 9164.000 SH SOLE 9164.000 McDonald's COM 580135101 297 5283.861 SH SOLE 5283.861 Medtronic Inc COM 585055106 386 7453.558 SH SOLE 7453.558 Merck & Co. Inc. COM 589331107 406 10761.499SH SOLE 10761.499 Microsoft Inc COM 594918104 805 29265.462SH SOLE 29265.462 Monsanto Co New COM 61166W101 569 4502.500 SH SOLE 4502.500 NEC Corp COM 629050204 63 11975.000SH SOLE 11975.000 Nabors Industries, Ltd COM G6359F103 200 4070.000 SH SOLE 4070.000 Noble Corporation COM g65422100 227 3500.000 SH SOLE 3500.000 Nokia Corp Spons ADR COM 654902204 732 29855.000SH SOLE 29855.000 Occidental Petroleum COM 674599105 20236 225190.000SH SOLE 225190.000 Oracle Systems Corp COM 68389X105 229 10901.000SH SOLE 10901.000 Pepsico, Inc. COM 713448108 432 6800.320 SH SOLE 6800.320 Pfizer Inc. COM 717081103 434 24852.421SH SOLE 24852.421 Philip Morris International COM 718172109 590 11937.000SH SOLE 11937.000 Procter & Gamble COM 742718109 897 14742.724SH SOLE 14742.724 Public Storage Inc COM 74460D109 808 10001.000SH SOLE 10001.000 Qualcomm Inc COM 747525103 234 5268.000 SH SOLE 5268.000 Reliant Energy COM 75952B105 1580 74282.000SH SOLE 74282.000 Rio Tinto plc COM 767204100 285 575.000 SH SOLE 575.000 Royal Dutch Shell - A ADR COM 780259206 273 3343.000 SH SOLE 3343.000 Ryanair Holdings PLC COM 783513104 290 10125.000SH SOLE 10125.000 Schlumberger Ltd. COM 806857108 1803 16778.369SH SOLE 16778.369 Seacor Holdings Inc COM 811904101 296 3304.000 SH SOLE 3304.000 Smart Tek Solutions COM 83172A105 0 12000.000SH SOLE 12000.000 Southern Company COM 842587107 299 8562.931 SH SOLE 8562.931 Southwest Airlines COM 844741108 2048 157034.543SH SOLE 157034.543 Spectra Energy Corp COM 847560109 224 7786.924 SH SOLE 7786.924 Sulphco Inc COM 865378103 202 88860.000SH SOLE 88860.000 Sun Life Financial COM 866796105 379 9258.000 SH SOLE 9258.000 Sustainable Power Corp COM 869327106 0 13000.000SH SOLE 13000.000 Sysco Corp COM 871829107 230 8361.290 SH SOLE 8361.290 Talisman Energy Inc COM 87425E103 234 10575.000SH SOLE 10575.000 Target Corp COM 87612E106 256 5503.000 SH SOLE 5503.000 Tellabs, Inc COM 879664100 71 15300.000SH SOLE 15300.000 Teppco Partners L.P. COM 872384102 578 17427.586SH SOLE 17427.586 Tortoise Capital Resources COM 89147N304 137 11500.000SH SOLE 11500.000 Total S A Sponsored ADR COM 89151e109 332 3892.159 SH SOLE 3892.159 Transocean, Inc New COM G90073100 274 1799.000 SH SOLE 1799.000 Tyco Electronics Ltd COM G9144P105 231 6459.870 SH SOLE 6459.870 Tyco International Ltd COM 902124106 216 5404.000 SH SOLE 5404.000 United Technologies COM 913017109 423 6848.682 SH SOLE 6848.682 Verizon Communications COM 92343V104 607 17134.763SH SOLE 17134.763 Wal-Mart Stores, Inc. COM 931142103 850 15121.458SH SOLE 15121.458 Walgreen Company COM 931422109 509 15668.751SH SOLE 15668.751 Weatherford International, Ltd COM G95089101 208 4200.000 SH SOLE 4200.000 Weingarten Realty Invs (SBI) COM 948741103 807 26627.000SH SOLE 26627.000 Wells Fargo & Company COM 949746101 446 18768.556SH SOLE 18768.556 Wheelock & Co COM y9553v106 86 32000.000SH SOLE 32000.000 Wyeth COM 983024100 221 4605.858 SH SOLE 4605.858 FINAL TOTALS 320,548 FORM 13F INFORMATION TABLE ENTRY TOTAL 134