Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
GWW	GRAINGER WW INC	27,910	$7.304M	3.8%	$261.70 *	$201.89	+6.2%	COM	384802104
XOM	EXXON MOBIL CORP	72,066	$6.2M	3.2%	$86.03 *	$53.69	-3.4%	COM	30231G102
—	PRAXAIR INC.	44,521	$5.351M	2.8%	$120.19	$115.15	—	COM	74005P104
SBUX	STARBUCKS CORP	60,575	$4.662M	2.4%	$76.96 *	$24.37	+24.4%	COM	855244109
HSY	HERSHEY FOODS CORP	46,015	$4.256M	2.2%	$92.49 *	$65.69	+5.5%	COM	427866108
—	ROWAN COMPANIES	115,103	$4.226M	2.2%	$36.71	$34.07	—	COM	779382100
CVX	CHEVRONTEXACO CORP	33,174	$4.03M	2.1%	$121.48 *	$71.37	+1.7%	COM	166764100
TSCO	TRACTOR SUPPLY COMPANY	52,900	$3.553M	1.9%	$67.16 *	$9.81	+15.4%	COM	892356106
JNJ	JOHNSON & JOHNSON	40,661	$3.524M	1.8%	$86.67 *	$59.66	+3.4%	COM	478160104
EMR	EMERSON ELECTRIC	53,367	$3.452M	1.8%	$64.68 *	$40.02	+16.2%	COM	291011104
PEP	PEPSICO INCORPORATED	41,641	$3.31M	1.7%	$79.49 *	$56.00	-1.5%	COM	713448108
APD	AIR PRODUCTS & CHEMICALS	29,180	$3.109M	1.6%	$106.55 *	$61.55	+18.9%	COM	009158106
IFF	INTL FLAVOR & FRAGRANCES	36,141	$2.974M	1.6%	$82.29 *	$58.18	+6.6%	COM	459506101
A	AGILENT TECHNOLOGIES	52,850	$2.708M	1.4%	$51.24 *	$27.97	+18.6%	COM	00846U101
KMB	KIMBERLY-CLARK CORP	27,767	$2.616M	1.4%	$94.21 *	$63.06	-5.0%	COM	494368103
ADP	AUTO DATA PROCESSING	35,765	$2.588M	1.4%	$72.36 *	$45.09	+7.7%	COM	053015103
MA	MASTERCARD INC	3,765	$2.533M	1.3%	$672.78 *	$51.54	+21.2%	COM	57636Q104
GAP	GAP INC	54,500	$2.195M	1.1%	$40.28 *	$26.00	+2.7%	COM	364760108
GRC	GORMAN-RUPP CO COM	53,335	$2.139M	1.1%	$40.10 *	$23.21	+38.3%	COM	383082104
MUR	MURPHY OIL CORP	35,360	$2.132M	1.1%	$60.29 *	$34.50	+12.3%	COM	626717102
UNP	UNION PACIFIC CORP	13,075	$2.031M	1.1%	$155.33 *	$57.06	+3.9%	COM	907818108
AVT	AVNET INC	48,391	$2.018M	1.1%	$41.70 *	$25.70	+25.3%	COM	053807103
MIDD	MIDDLEBY CORP THE	9,600	$2.005M	1.0%	$208.85 *	$52.53	+32.6%	COM	596278101
SYY	SYSCO CORP.	62,338	$1.984M	1.0%	$31.83 *	$24.36	-6.6%	COM	871829107
—	INGERSOLL-RAND COMPANY	30,360	$1.971M	1.0%	$64.92	$55.52	—	COM	G47791101
TXN	TEXAS INSTRUMENTS INC	48,016	$1.934M	1.0%	$40.28 *	$25.31	+13.8%	COM	882508104
MMM	MINNESOTA MINING & MFG	16,076	$1.919M	1.0%	$119.37 *	$61.26	+10.9%	COM	88579Y101
—	BUNGE	24,840	$1.885M	1.0%	$75.89	$70.77	—	COM	G16962105
—	MEADWESTVACO CORP	49,036	$1.882M	1.0%	$38.38	$34.10	—	COM	583334107
BF/B	BROWN FORMAN CORP CL B	26,990	$1.838M	1.0%	$68.10 *	$22.68	-2.4%	COM	115637209
ABBV	ABBVIE INC COM	40,367	$1.805M	0.9%	$44.71 *	$26.55	+3.3%	COM	00287Y109
—	SIGMA ALDRICH CORP	20,704	$1.766M	0.9%	$85.30	$80.41	—	COM	826552101
—	PANERA BREAD CO CL A	10,985	$1.741M	0.9%	$158.49	$185.86	—	COM	69840W108
GIS	GENERAL MILLS INC	35,750	$1.713M	0.9%	$47.92 *	$31.98	-1.7%	COM	370334104
TKR	TIMKEN COMPANY	26,600	$1.606M	0.8%	$60.38 *	$39.57	+9.3%	COM	887389104
KO	COCA-COLA COMPANY	39,946	$1.513M	0.8%	$37.88 *	$27.85	-7.3%	COM	191216100
SLB	SCHLUMBERGER LTD F	17,078	$1.509M	0.8%	$88.36 *	$52.90	+20.2%	COM	806857108
—	BEAM INC.	22,600	$1.461M	0.8%	$64.65	$63.59	—	COM	073730103
SON	SONOCO PRODUCTS INC	35,016	$1.363M	0.7%	$38.93 *	$22.97	+13.0%	COM	835495102
ABT	ABBOTT LABORATORIES	40,567	$1.346M	0.7%	$33.18 *	$28.85	-9.1%	COM	002824100
OLN	OLIN CORP NEW	57,050	$1.316M	0.7%	$23.07 *	$16.80	-4.8%	COM	680665205
DRI	DARDEN RESTURANTS INC	28,050	$1.298M	0.7%	$46.27 *	$31.32	-9.4%	COM	237194105
OKE	ONEOK, INC	23,932	$1.276M	0.7%	$53.32 *	$19.74	+14.6%	COM	682680103
DIS	DISNEY WALT HOLDING CO	19,597	$1.263M	0.7%	$64.45 *	$56.11	+2.1%	COM	254687106
HP	HELMERICH & PAYNE INC	17,900	$1.234M	0.6%	$68.94	$61.57	+12.0%	COM	423452101
BR	BROADRIDGE FINANCIAL	38,321	$1.216M	0.6%	$31.73 *	$20.36	+25.0%	COM	11133T103
EL	LAUDER ESTEE CORP CL A	17,400	$1.216M	0.6%	$69.89 *	$58.22	+2.9%	COM	518439104
RIG	TRANSOCEAN SEDCO FOREX	27,042	$1.203M	0.6%	$44.49	$50.97	-12.7%	COM	H8817H100
FIS	FIDELITY NATL INFO SVCS	25,861	$1.2M	0.6%	$46.40 *	$34.36	+9.6%	COM	31620M106
AXP	AMERICAN EXPRESS CO.	15,685	$1.184M	0.6%	$75.49 *	$59.77	+6.2%	COM	025816109
COP	CONOCOPHILLIPS	16,648	$1.157M	0.6%	$69.50 *	$39.96	+16.2%	COM	20825C104
—	NEENAH PAPER INC	28,500	$1.12M	0.6%	$39.30	$31.75	—	COM	640079109
DE	DEERE & CO	13,735	$1.117M	0.6%	$81.33 *	$68.04	-4.7%	COM	244199105
VLO	VALERO ENERGY	32,650	$1.114M	0.6%	$34.12 *	$24.01	-9.6%	COM	91913Y100
MSFT	MICROSOFT CORP	32,972	$1.097M	0.6%	$33.27 *	$26.70	+2.6%	COM	594918104
CPK	CHESAPEAKE UTIL CORP	19,750	$1.036M	0.5%	$52.46 *	$26.98	+2.1%	COM	165303108
NSC	NORFOLK SOUTHERN CORP	13,050	$1.009M	0.5%	$77.32 *	$57.67	+2.3%	COM	655844108
HON	HONEYWELL INC.	11,994	$995K	0.5%	$82.96 *	$53.13	+9.0%	COM	438516106
MET	METLIFE INC	21,173	$994K	0.5%	$46.95 *	$24.43	+14.7%	COM	59156R108
BMY	BRISTOL MYERS SQUIBB CO	21,277	$984K	0.5%	$46.25 *	$28.67	+7.5%	COM	110122108
NTRS	NORTHERN TRUST CORP	17,975	$977K	0.5%	$54.35 *	$40.35	-1.8%	COM	665859104
—	NOBLE ENERGY INC.	14,480	$970K	0.5%	$66.99	$60.01	—	COM	655044105
—	UNITED TECHNOLOGIES CORP	8,781	$946K	0.5%	$107.73	$92.86	—	COM	913017109
—	DIAMOND OFFSHR DRILLING	15,084	$940K	0.5%	$62.32	$68.77	—	COM	25271C102
MKC	MC CORMICK & CO NEW VT	14,530	$940K	0.5%	$64.69 *	$28.04	-9.1%	COM	579780206
FELE	FRANKLIN ELEC CO INC	23,500	$925K	0.5%	$39.36 *	$28.79	+20.2%	COM	353514102
—	HOSPIRA	23,493	$921K	0.5%	$39.20	$38.29	—	COM	441060100
D	DOMINION RESOURCES INC.	14,701	$918K	0.5%	$62.44 *	$34.53	+8.5%	COM	25746U109
PG	PROCTER & GAMBLE	11,869	$897K	0.5%	$75.58 *	$55.00	-2.8%	COM	742718109
DOV	DOVER CORPORATION	9,975	$896K	0.5%	$89.82 *	$39.99	+21.1%	COM	260003108
—	CREE INC	14,600	$878K	0.5%	$60.14	$63.81	—	COM	225447101
CAT	CATERPILLAR INC	10,263	$855K	0.4%	$83.31 *	$61.55	-1.1%	COM	149123101
VZ	VERIZON COMM	18,048	$842K	0.4%	$46.65 *	$27.03	-7.5%	COM	92343V104
IBM	INTL BUSINESS MACHINES	4,531	$839K	0.4%	$185.17 *	$118.94	-8.5%	COM	459200101
COST	COSTCO WHOLSALE CORP NEW	7,114	$819K	0.4%	$115.13 *	$86.56	+5.8%	COM	22160K105
—	DUKE ENERGY CORPORATION	11,840	$790K	0.4%	$66.72	$67.45	—	COM	26441C105
FLR	FLUOR CORPORATION	11,100	$787K	0.4%	$70.90 *	$53.56	+17.3%	COM	343412102
HD	HOME DEPOT INC	10,300	$781K	0.4%	$75.83 *	$56.05	+1.8%	COM	437076102
—	SPECTRA ENERGY CORP	22,300	$763K	0.4%	$34.22	$34.45	—	COM	847560109
AAPL	APPLE, INC	1,561	$744K	0.4%	$476.62 *	$13.23	+11.1%	COM	037833100
SWK	STANLEY BLACK & DECKER INC.	8,150	$738K	0.4%	$90.55 *	$56.98	+16.7%	COM	854502101
CASY	CASEYS GENERAL STORES INC	9,997	$733K	0.4%	$73.32 *	$57.52	+15.9%	COM	147528103
ADI	ANALOG DEVICES INC	15,600	$733K	0.4%	$46.99 *	$34.29	+5.8%	COM	032654105
—	GENERAL ELECTRIC	30,473	$728K	0.4%	$23.89	$23.19	—	COM	369604103
—	INGREDION INC.	11,000	$727K	0.4%	$66.09	$65.59	—	COM	219023108
—	21ST CENT FOX Cl A	21,500	$720K	0.4%	$33.49	$33.49	—	COM	90130A101
AIT	APPLIED INDL. TECH.	13,900	$715K	0.4%	$51.44 *	$36.74	+13.9%	COM	03820C105
—	LACLEDE GAS COMPANY	15,600	$702K	0.4%	$45.00	$45.66	—	COM	505597104
LOW	LOWES COMPANIES INC	14,554	$692K	0.4%	$47.55 *	$32.16	+18.9%	COM	548661107
KEX	KIRBY CORP	7,920	$685K	0.4%	$86.49	$77.04	+12.3%	COM	497266106
RHHBY	ROCHE HLDG LTD ADR	10,130	$684K	0.4%	$67.52	$61.83	+9.2%	COM	771195104
ATO	ATMOS ENERGY CORP	16,050	$683K	0.4%	$42.55 *	$31.05	+1.2%	COM	049560105
AMZN	AMAZON COM INC	2,125	$664K	0.3%	$312.47 *	$13.32	+17.4%	COM	023135106
—	DU PONT E I DE NEMOUR&CO	10,940	$640K	0.3%	$58.50	$52.47	—	COM	263534109
SIEGY	SIEMENS ADR	5,065	$610K	0.3%	$120.43	$104.90	+14.9%	COM	826197501
MRK	MERCK & CO INC	12,770	$607K	0.3%	$47.53 *	$30.02	+3.4%	COM	58933Y105
—	COMPUTER ASSOC INTL INC	20,200	$599K	0.3%	$29.65	$28.62	—	COM	12673P105
GT	GOODYEAR TIRE & RUBBER	26,400	$592K	0.3%	$22.42	$13.66	+64.3%	COM	382550101
—	MARATHON OIL CO.	16,930	$590K	0.3%	$34.85	$34.57	—	COM	565849106
—	PIEDMONT NATURAL GAS CO.	17,175	$564K	0.3%	$32.84	$33.72	—	COM	720186105
GPC	GENUINE PARTS CO COM	6,900	$558K	0.3%	$80.87 *	$54.12	+5.5%	COM	372460105
—	KANSAS CITY SOUTHERN NEW	5,100	$557K	0.3%	$109.22	$105.88	—	COM	485170302
PH	PARKER-HANNIFIN CORP	5,100	$554K	0.3%	$108.63 *	$75.97	+16.7%	COM	701094104
MU	MICRON TECHNOLOGIES	30,200	$527K	0.3%	$17.45 *	$10.81	+57.6%	COM	595112103
WY	WEYERHAEUSER CO	18,430	$527K	0.3%	$28.59 *	$18.73	-4.3%	COM	962166104
—	MEREDITH CORP.	11,000	$523K	0.3%	$47.55	$47.55	—	COM	589433101
BK	BANK OF NEW YORK CO INC	16,800	$507K	0.3%	$30.18 *	$21.22	+5.8%	COM	064058100
F	FORD MOTOR COMPANY	29,926	$504K	0.3%	$16.84 *	$7.61	+18.6%	COM	345370860
WFC	WELLS FARGO & CO NEW	12,194	$503K	0.3%	$41.25 *	$27.36	+7.1%	COM	949746101
CTAS	CINTAS CORP	9,775	$500K	0.3%	$51.15 *	$9.70	+13.5%	COM	172908105
—	AIRGAS INC.	4,650	$493K	0.3%	$106.02	$95.26	—	COM	009363102
NEM	NEWMONT MINING	17,300	$486K	0.3%	$28.09 *	$25.34	-15.0%	COM	651639106
—	PEABODY ENERGY CORP	28,075	$484K	0.3%	$17.24	$14.61	—	COM	704549104
—	EATON CORPORATION	6,948	$478K	0.3%	$68.80	$65.73	—	COM	278058102
GLW	CORNING INC.	32,175	$469K	0.2%	$14.58 *	$10.49	+1.5%	COM	219350105
CRUS	CIRRUS LOGIC	20,600	$466K	0.2%	$22.62	$19.57	+15.8%	COM	172755100
GM	GENERAL MOTORS COMPANY COM	12,866	$462K	0.2%	$35.91 *	$23.62	+13.6%	COM	37045V100
—	JOHNSON CONTROLS	11,000	$456K	0.2%	$41.45	$35.74	—	COM	478366107
AMAT	APPLIED MATERIALS INC	25,900	$454K	0.2%	$17.53 *	$12.22	+22.0%	COM	038222105
PFE	PFIZER INC	15,651	$449K	0.2%	$28.69 *	$16.45	-0.2%	COM	717081103
PAG	PENSKE AUTOMOTIVE GROUP	10,350	$442K	0.2%	$42.71	$31.18	+37.1%	COM	70959W103
—	E M C CORP MASS	17,150	$438K	0.2%	$25.54	$23.66	—	COM	268648102
BP	BP PLC	10,380	$436K	0.2%	$42.00	$42.56	-1.2%	COM	055622104
SYK	STRYKER CORP	6,400	$432K	0.2%	$67.50 *	$56.92	+2.6%	COM	863667101
HAL	HALLIBURTON COMPANY	8,986	$432K	0.2%	$48.07 *	$33.21	+15.7%	COM	406216101
—	DR PEPPER SNAPPLE GROUP	9,550	$428K	0.2%	$44.82	$45.91	—	COM	26138E109
PSX	PHILLIPS 66 COM	7,398	$427K	0.2%	$57.72 *	$40.44	-7.3%	COM	718546104
—	PROS HOLDING INC COM	12,400	$423K	0.2%	$34.11	$29.93	—	COM	74346Y103
—	CHUBB CORPORATION	4,716	$420K	0.2%	$89.06	$84.47	—	COM	171232101
IP	INTERNATIONAL PAPER CO	9,350	$418K	0.2%	$44.71 *	$25.91	-2.2%	COM	460146103
—	TESORO CORPORATION	9,500	$417K	0.2%	$43.89	$52.28	—	COM	881609101
—	NATIONAL-OILWELL VARCO INC COM	5,244	$409K	0.2%	$77.99	$68.79	—	COM	637071101
OXY	OCCIDENTAL PETE CORP	4,377	$409K	0.2%	$93.44 *	$57.87	+7.3%	COM	674599105
—	ANADARKO PETROLEUM CORP	4,350	$404K	0.2%	$92.87	$85.88	—	COM	032511107
NRT	NO EUROPEAN OIL TR	17,000	$371K	0.2%	$21.82	$24.33	—	COM	659310106
MUSA	MURPHY USA INC.	8,839	$357K	0.2%	$40.39 *	$38.02	+3.3%	COM	626755102
—	AMERITRADE HLDNG CORP CL A	13,450	$352K	0.2%	$26.17	$24.22	—	COM	87236Y108
—	ENERGEN CORP	4,600	$351K	0.2%	$76.30	$52.08	—	COM	29265N108
CVGW	CALAVO GROWERS INC	11,500	$347K	0.2%	$30.17 *	$22.91	+5.1%	COM	128246105
—	BP PRUDHOE BAY ROYALTY	4,000	$346K	0.2%	$86.50	$96.25	—	COM	055630107
PCAR	PACCAR INC	6,100	$339K	0.2%	$55.57 *	$21.67	+8.1%	COM	693718108
INTC	INTEL	14,238	$326K	0.2%	$22.90 *	$17.18	-1.7%	COM	458140100
PBR	PETROLEO BRASILERIO ADRF	21,025	$325K	0.2%	$15.46	$17.04	-9.1%	COM	71654V408
BBY	BEST BUY INC	8,675	$325K	0.2%	$37.46 *	$16.63	+46.7%	COM	086516101
MPC	MARATHON PETE CORP COM	5,015	$322K	0.2%	$64.21 *	$27.55	-18.8%	COM	56585A102
CPB	CAMPBELL SOUP COMPANY	7,700	$313K	0.2%	$40.65 *	$30.86	-9.8%	COM	134429109
—	ROYAL DUTCH SHELL ADR F	4,648	$305K	0.2%	$65.62	$63.68	—	COM	780259206
—	TWENTY FIRST CENTURY FOX INC C	9,100	$303K	0.2%	$33.30	$33.30	—	COM	90130A200
CTRA	CABOT OIL & GAS	8,000	$298K	0.2%	$37.25 *	$25.97	+3.9%	COM	127097103
—	RALPH LAUREN CORP.	1,800	$296K	0.2%	$164.44	$173.33	—	COM	731572103
ARTNA	ARTESIAN RES CORP CLA	13,325	$296K	0.2%	$22.21 *	$15.10	+1.2%	COM	043113208
—	ASHLAND ONC	3,200	$295K	0.2%	$92.19	$83.44	—	COM	044204105
LUV	SOUTHWEST AIRLINES CO	19,900	$289K	0.2%	$14.52 *	$11.86	+7.4%	COM	844741108
AWR	AMERICAN STATES WATER CO	10,300	$283K	0.1%	$27.48 *	$21.56	-0.4%	COM	029899101
—	ALUMINUM CO OF AMERICA	34,435	$279K	0.1%	$8.10	$7.80	—	COM	013817101
—	NUVEEN TX QLTY INCM MUN	20,200	$272K	0.1%	$13.47	$14.01	—	COM	670983105
—	ALLERGAN INC	3,000	$271K	0.1%	$90.33	$83.94	—	COM	018490102
CSX	CSX CORP	10,500	$270K	0.1%	$25.71 *	$6.66	+5.7%	COM	126408103
HBAN	HUNTINGTON BANCSHARES INC	32,116	$265K	0.1%	$8.25 *	$4.66	+12.0%	COM	446150104
AEP	AMER ELECTRIC PWR CO INC	6,104	$264K	0.1%	$43.25 *	$30.44	-8.3%	COM	025537101
JOE	ST JOE COMPANY	12,950	$254K	0.1%	$19.61	$20.21	-2.9%	COM	790148100
TRN	TRINITY INDUSTRIES INC	5,600	$253K	0.1%	$45.18 *	$10.24	+12.3%	COM	896522109
—	BROCADE COMMUNS SYS INC	30,800	$247K	0.1%	$8.02	$5.75	—	COM	111621306
TTYP	TRINTIY PETE TRUST CBI	1,816	$245K	0.1%	$134.91	$129.96	—	COM	896556107
—	CIMAREX ENERGY CO	2,500	$241K	0.1%	$96.40	$96.40	—	COM	171798101
SHW	SHERWIN WILLIAMS CO	1,300	$236K	0.1%	$181.54 *	$53.48	+1.1%	COM	824348106
AMGN	AMGEN INC	2,100	$235K	0.1%	$111.90 *	$73.34	+8.6%	COM	031162100
—	HOLLYFRONTIER CORP COM	5,572	$234K	0.1%	$42.00	$42.71	—	COM	435758305
—	XEROX CORP	22,534	$231K	0.1%	$10.25	$9.05	—	COM	984121103
—	BANCORP SOUTH CM	11,515	$229K	0.1%	$19.89	$17.63	—	COM	059692103
—	FAMILY DOLLAR STORES INC.	3,100	$223K	0.1%	$71.94	$71.94	—	COM	307000109
—	BAKER HUGHES INC	4,363	$214K	0.1%	$49.05	$49.05	—	COM	057224107
HAIN	HAIN CELESTIAL GROUP INC	2,750	$212K	0.1%	$77.09 *	$37.71	+2.2%	COM	405217100
—	FERRO CORP	22,900	$208K	0.1%	$9.08	$6.93	—	COM	315405100
KEY	KEYCORP	18,259	$208K	0.1%	$11.39 *	$6.48	+11.8%	COM	493267108
USB	US BANCORP DEL	5,600	$204K	0.1%	$36.43 *	$22.41	+7.9%	COM	902973304
—	DENNYS CORP	32,500	$198K	0.1%	$6.09	$5.60	—	COM	24869P104
—	PANTRY INC.	16,900	$187K	0.1%	$11.07	$12.16	—	COM	698657103
MWA	MUELLER WATER PRODUCTS	22,000	$175K	0.1%	$7.95 *	$5.51	+21.0%	COM	624758108
—	GENCORP INC	10,200	$163K	0.1%	$15.98	$15.98	—	COM	368682100
ACCO	ACCO BRANDS CORP COM	21,904	$145K	0.1%	$6.62 *	$4.71	-1.7%	COM	00081T108
—	ANGLOGOLD LTD	10,750	$142K	0.1%	$13.21	$14.30	—	COM	035128206
RF	REGIONS FINANCIAL CP NEW	15,267	$141K	0.1%	$9.24 *	$5.80	+6.9%	COM	7591EP100
—	LEAPFROG ENTERPRISES INC COM	10,100	$95,000	0.0%	$9.41	$9.41	—	COM	52186N106
—	PDL BIOPHARMA INC	10,750	$85,000	0.0%	$7.91	$7.67	—	COM	69329Y104
—	TELLABS INC	12,700	$28,000	0.0%	$2.20	$1.97	—	COM	879664100