Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
PG	PROCTER & GAMBLE	244,007	$20.08M	13.2%	$55.10	+11.9%	COM	742718109
XOM	EXXON MOBIL CORP	95,069	$7.946M	5.2%	$53.94	-3.7%	COM	30231G102
—	3M COMPANY	44,961	$7.491M	4.9%	$110.87	—	COM	604059105
JNJ	JOHNSON & JOHNSON	59,768	$6.466M	4.2%	$60.21	+30.8%	COM	478160104
USB	US BANCORP	125,562	$5.096M	3.3%	$22.94	+21.2%	COM	902973304
CINF	CINCINNATI FINANCIAL	67,545	$4.414M	2.9%	$33.05	+41.1%	COM	172062101
KO	COCA-COLA COMPANY	92,600	$4.295M	2.8%	$27.73	+14.8%	COM	191216100
—	GENERAL ELECTRIC	124,323	$3.952M	2.6%	$23.77	—	COM	369604103
T	AT&T INC	98,186	$3.845M	2.5%	$11.41	+21.3%	COM	00206R102
SMG	SCOTTS CO.	51,767	$3.767M	2.5%	$30.45	+61.5%	CLASS A	810186106
JPM	JP MORGAN CHASE & CO	58,982	$3.492M	2.3%	$36.34	+23.4%	COM	46625H100
MAA	MID-AMERICA APART COMM	33,090	$3.382M	2.2%	$43.41	+52.1%	COM	59522J103
LMT	LOCKHEED MARTIN	14,753	$3.267M	2.1%	$74.95	+120.4%	COM	539830109
CVX	CHEVRON CORP	32,675	$3.117M	2.0%	$71.30	-19.5%	COM	166764100
WSBC	WESBANCO INC.	96,985	$2.881M	1.9%	$24.75	+15.5%	COM	950810101
BRK/A	BERKSHIRE HATHAWAY	13	$2.774M	1.8%	$165023.42	+20.9%	CLASS A	084670108
BF/B	BROWN-FORMAN	24,177	$2.38M	1.6%	$22.86	+41.6%	CLASS B	115637209
PEP	PEPSICO INC	22,748	$2.331M	1.5%	$56.66	+29.3%	COM	713448108
VZ	VERIZON COMMUNICATIONS	41,327	$2.234M	1.5%	$26.74	+12.3%	COM	92343V104
IBM	INTL BUS. MACHINES	13,257	$2.007M	1.3%	$117.83	-28.7%	COM	459200101
BMY	BRISTOL-MYERS SQUIBB	31,238	$1.995M	1.3%	$29.17	+53.6%	COM	110122108
BF/A	BROWN-FORMAN	18,650	$1.989M	1.3%	$17.37	+51.4%	CLASS A	115637100
PFE	PFIZER, INC.	66,412	$1.968M	1.3%	$16.48	+13.3%	COM	717081103
ACN	ACCENTURE PLC	16,707	$1.927M	1.3%	$64.20	+36.6%	COM	G1151C101
MKC	MCCORMICK & COMPANY	18,932	$1.883M	1.2%	$28.22	+32.1%	COM	579780206
KMB	KIMBERLY CLARK	13,021	$1.751M	1.1%	$63.92	+45.1%	COM	494368103
—	VODAFONE GROUP PLC ADR	53,670	$1.72M	1.1%	$31.51	—	COM	92857T107
UPS	UNITED PARCEL SERVICE	15,916	$1.678M	1.1%	$57.86	+17.0%	COM	911312106
—	TIFFANY & CO	22,847	$1.676M	1.1%	$73.74	—	COM	886547108
—	DUPONT DE NEMOURS	26,410	$1.672M	1.1%	$56.05	—	COM	263534109
EL	LAUDER (ESTEE)	16,780	$1.582M	1.0%	$58.74	+33.8%	CLASS A	518439104
—	CEDAR FAIR L.P.	25,820	$1.534M	1.0%	$41.76	—	COM	150185106
EMR	EMERSON ELECTRIC	27,510	$1.495M	1.0%	$42.38	-11.8%	COM	291011104
MDLZ	MONDELEZ INTERNATIONAL	34,538	$1.385M	0.9%	$23.99	+35.1%	COM	609207105
HON	HONEYWELL INDUSTRIES	11,690	$1.309M	0.9%	$57.46	+32.8%	COM	438516106
INTC	INTEL	40,257	$1.302M	0.9%	$17.83	+36.8%	COM	458140100
RYN	RAYONIER REIT	50,334	$1.242M	0.8%	$53.15	—	COM	754907103
ABBV	ABBVIE INC	21,440	$1.224M	0.8%	$27.45	+35.2%	COM	00287Y109
MDT	MEDTRONIC	14,850	$1.113M	0.7%	$58.80	+0.1%	COM	G5960L103
KHC	KRAFT HEINZ CO	12,530	$984K	0.6%	$47.82	+1.0%	COM	500754106
CSCO	CISCO SYSTEMS	33,074	$941K	0.6%	$15.70	+20.6%	COM	17275R102
—	ABBOTT LABORATORIES	21,730	$908K	0.6%	$35.85	—	COM	002824101
PEYUF	PEYTO EXPLORATION CORP	40,300	$885K	0.6%	$14.94	-20.8%	COM	717046106
MCD	MCDONALDS	6,878	$864K	0.6%	$72.84	+29.0%	COM	580135101
SJM	SMUCKER (J.M.)	6,352	$824K	0.5%	$70.90	+31.8%	COM	832696405
SYY	SYSCO	15,344	$717K	0.5%	$25.22	+32.4%	COM	871829107
BAC	BANK OF AMERICA	52,359	$707K	0.5%	$10.14	+7.1%	COM	060505104
QCOM	QUALCOMM INC	13,725	$701K	0.5%	$49.88	-26.0%	COM	747525103
LLY	LILLY (ELI)	9,400	$676K	0.4%	$43.02	+48.7%	COM	532457108
MSFT	MICROSOFT CORP	11,701	$646K	0.4%	$27.38	+68.3%	COM	594918104
WM	WASTE MANAGEMENT INC	10,525	$620K	0.4%	$31.29	+46.9%	COM	94106L109
ONEXF	ONEX CORP	10,000	$607K	0.4%	$53.04	+10.8%	COM	68272K103
TEVA	TEVA PHARMACEUTICAL ADR	10,589	$566K	0.4%	$42.29	—	COM	881624209
MRK	MERCK & CO	10,665	$564K	0.4%	$30.02	+20.0%	COM	58933Y105
KMI	KINDER MORGAN INC.	31,614	$564K	0.4%	$22.44	-55.7%	COM	49456B101
—	DUKE ENERGY	6,977	$562K	0.4%	$68.46	—	COM	264399106
CPB	CAMPBELL SOUP COMPANY	8,420	$537K	0.4%	$31.00	+38.8%	COM	134429109
NSRGY	NESTLE SA SPON ADR	6,990	$524K	0.3%	$72.78	—	COM	641069406
WU	WESTERN UNION CO	26,950	$519K	0.3%	$17.12	—	COM	959802109
CLX	CLOROX CO	4,078	$514K	0.3%	$60.48	+58.9%	COM	189054109
SLB	SCHLUMBERGER	6,779	$499K	0.3%	$59.11	-10.1%	COM	806857108
NVS	NOVARTIS AG ADR	6,793	$492K	0.3%	$75.77	—	COM	66987V109
VNO	VORNADO REALTY TRUST	5,029	$474K	0.3%	$82.80	—	COM	929042109
BK	BANK OF NEW YORK MELLON	12,773	$470K	0.3%	$26.33	+6.9%	COM	064058100
—	HILL-ROM HOLDINGS	8,900	$447K	0.3%	$33.71	—	COM	431475102
NOC	NORTHROP GRUMMAN	2,224	$440K	0.3%	$97.67	+64.9%	COM	666807102
WY	WEYERHAEUSER CO	13,480	$417K	0.3%	$18.15	0.0%	COM	962166104
—	DOW CHEMICAL	7,998	$406K	0.3%	$32.13	—	COM	260543103
ED	CONSOLIDATED EDISON	5,231	$400K	0.3%	$36.10	+37.9%	COM	209115104
AAPL	APPLE INC	3,453	$376K	0.2%	$21.02	+7.3%	COM	037833100
DIS	DISNEY (WALT) COMPANY	3,335	$331K	0.2%	$56.11	+58.6%	COM	254687106
PNC	PNC BANK CORP	3,893	$329K	0.2%	$47.56	+30.3%	COM	693475105
NSC	NORFOLK SOUTHERN	3,880	$323K	0.2%	$59.09	+4.1%	COM	655844108
LOW	LOWES COMPANIES	4,175	$316K	0.2%	$37.84	+55.6%	COM	548661107
COP	CONOCOPHILLIPS	7,725	$311K	0.2%	$48.44	-42.0%	COM	20825C104
GD	GENERAL DYNAMICS	2,320	$304K	0.2%	$64.92	+64.5%	COM	369550108
—	ROYAL DUTCH SHELL PLC ADS	6,282	$304K	0.2%	$66.88	—	COM	780259206
CPT	CAMDEN PROPERTY TRUST	3,607	$303K	0.2%	$50.41	+2.7%	COM	133131102
—	EXPRESS SCRIPTS	4,388	$301K	0.2%	$62.66	—	COM	30219G108
PM	PHILIP MORRIS INTERNATIONAL	2,995	$293K	0.2%	$49.61	+12.6%	COM	718172109
AXP	AMERICAN EXPRESS	4,750	$291K	0.2%	$59.59	-15.3%	COM	025816109
ZBH	ZIMMER HOLDINGS	2,705	$288K	0.2%	$67.73	+31.7%	COM	98956P102
MTX	MINERALS TECHNOLOGIES	4,800	$272K	0.2%	$39.30	+14.0%	COM	603158106
—	HILLENBRAND INDUSTRIES	9,000	$269K	0.2%	$23.67	—	COM	431571108
—	SPECTRA ENERGY	8,806	$269K	0.2%	$35.09	—	COM	847560109
NEE	NEXTERA ENERGY	2,242	$265K	0.2%	$19.73	+10.5%	COM	65339F101
—	MONSANTO COMPANY	3,000	$263K	0.2%	$98.67	—	COM	61166W101
—	BOARDWALK PIPELINE PART LP	16,250	$239K	0.2%	$29.80	—	COM	096627104
HSY	HERSHEY FOODS	2,531	$233K	0.2%	$65.69	+7.3%	COM	427866108
ACAZF	ACADIAN TIMBER CORP	14,550	$225K	0.1%	$6.73	+8.5%	COM	004272100
—	APACHE	4,598	$224K	0.1%	$44.37	—	COM	037411105
BP	BP PLC ADS	7,308	$220K	0.1%	$48.55	—	COM	055622104
FHN	FIRST HORIZON NATIONAL	16,697	$218K	0.1%	$7.42	+23.3%	COM	320517105
FITB	FIFTH THIRD BANCORP	12,717	$212K	0.1%	$11.69	-0.7%	COM	316773100
HUBB	HUBBELL INC.	1,988	$210K	0.1%	$76.44	+1.4%	COM	443510607
BAX	BAXTER INT'L	5,067	$208K	0.1%	$32.47	0.0%	COM	071813109
WDFC	WD-40 COMPANY	1,900	$205K	0.1%	$88.52	0.0%	COM	929236107
—	BAXALTA INC.	5,067	$204K	0.1%	$40.26	—	COM	07177M103
RYAM	RAYONIER ADV MATERIALS	14,128	$134K	0.1%	$38.34	-79.4%	COM	75508B104
RF	REGIONS FINANCIAL CORP	15,920	$124K	0.1%	$5.80	-2.8%	COM	7591EP100
ASRV	AMERISERV FINANCIAL	18,000	$53,000	0.0%	$2.19	+6.0%	COM	03074A102
—	VIVUS INC.	11,000	$15,000	0.0%	$10.90	—	COM	928551100