Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
HON	HONEYWELL INTERNATIONAL INC.	93,940	$11.73M	6.0%	$124.87 *	$56.26	+63.4%	COMMON	438516106
MMM	3M COMPANY	61,256	$11.72M	6.0%	$191.33 *	$65.70	+73.0%	COMMON	88579Y101
COST	COSTCO WHOLESALE	65,255	$10.94M	5.6%	$167.68 *	$88.98	+60.6%	COMMON	22160K105
JNJ	JOHNSON & JOHNSON	78,314	$9.754M	5.0%	$124.55 *	$61.73	+51.3%	COMMON	478160104
AAPL	APPLE COMPUTER INC	55,794	$8.016M	4.1%	$143.67 *	$19.01	+60.1%	COMMON	037833100
TMO	THERMO FISHER SCIENTIFIC	49,365	$7.582M	3.9%	$153.59 *	$87.68	+70.1%	COMMON	883556102
AWK	AMERICAN WATER WORKS	84,266	$6.553M	3.4%	$77.77 *	$34.38	+82.4%	COMMON	030420103
CVX	CHEVRON CORP.	56,489	$6.065M	3.1%	$107.37 *	$64.61	+18.8%	COMMON	166764100
WMT	WAL-MART STORES	76,875	$5.541M	2.8%	$72.08 *	$19.97	-1.0%	COMMON	931142103
GOOG	ALPHABET INC-CL C	6,597	$5.473M	2.8%	$829.62 *	$35.61	+14.3%	COMMON	02079K107
—	ANADARKO PETROLEUM	85,086	$5.275M	2.7%	$62.00	$87.03	—	COMMON	032511107
VZ	VERIZON COMMUNICATIONS	107,028	$5.217M	2.7%	$48.74 *	$26.79	+17.3%	COMMON	92343V104
GOOGL	ALPHABET INC-CL A	5,899	$5.001M	2.6%	$847.77 *	$36.73	+13.6%	COMMON	02079K305
SLB	SCHLUMBERGER LIMITED	61,274	$4.785M	2.5%	$78.09 *	$56.38	+12.3%	COMMON	806857108
PG	PROCTER & GAMBLE	52,284	$4.698M	2.4%	$89.86 *	$55.81	+25.5%	COMMON	742718109
AMGN	AMGEN INC	28,073	$4.606M	2.4%	$164.07 *	$112.33	+13.2%	COMMON	031162100
EMR	EMERSON ELECTRIC	76,866	$4.601M	2.4%	$59.86 *	$41.70	+14.9%	COMMON	291011104
—	UNITED TECHNOLOGIES	39,755	$4.461M	2.3%	$112.21	$97.09	—	COMMON	913017109
ROK	ROCKWELL AUTOMATION	25,756	$4.01M	2.1%	$155.69 *	$99.46	+27.4%	COMMON	773903109
—	UNILEVER N.V. NY SHRS	76,359	$3.794M	1.9%	$49.69	$39.71	—	COMMON	904784709
KMB	KIMBERLY CLARK	27,525	$3.623M	1.9%	$131.63 *	$65.34	+41.7%	COMMON	494368103
—	GENERAL ELECTRIC	108,122	$3.222M	1.7%	$29.80	$23.66	—	COMMON	369604103
IBM	INTL BUSINESS MACHINES	17,662	$3.076M	1.6%	$174.16 *	$116.36	-1.7%	COMMON	459200101
ABT	ABBOTT LABORATORIES	67,082	$2.979M	1.5%	$44.41 *	$29.16	+26.6%	COMMON	002824100
DIS	WALT DISNEY	22,692	$2.573M	1.3%	$113.39 *	$61.02	+68.8%	COMMON	254687106
BA	BOEING	13,360	$2.363M	1.2%	$176.87 *	$104.85	+51.4%	COMMON	097023105
CMI	CUMMINS	14,950	$2.26M	1.2%	$151.17 *	$100.46	+16.7%	COMMON	231021106
—	RAYTHEON	14,395	$2.195M	1.1%	$152.48	$92.72	—	COMMON	755111507
AEM	AGNICO-EAGLE MINES LTD	51,310	$2.178M	1.1%	$42.45 *	$25.13	+50.8%	COMMON	008474108
XOM	EXXON MOBIL	26,354	$2.161M	1.1%	$82.00 *	$55.00	+2.0%	COMMON	30231G102
—	BUCKEYE PARTNERS LP	28,560	$1.958M	1.0%	$68.56	$70.06	—	COMMON	118230101
NOC	NORTHROP GRUMMAN	7,302	$1.737M	0.9%	$237.88 *	$69.61	+195.6%	COMMON	666807102
AMZN	AMAZON.COM	1,869	$1.657M	0.9%	$886.57 *	$41.67	0.0%	COMMON	023135106
—	MAGELLAN MIDSTREAM PARTNERS, LP	21,432	$1.648M	0.8%	$76.89	$59.38	—	COMMON	559080106
USB	U S BANCORP	31,350	$1.615M	0.8%	$51.52 *	$33.93	+12.2%	COMMON	902973304
LDOS	LEIDOS HOLDINGS INC	27,522	$1.407M	0.7%	$51.12 *	$39.40	+13.9%	COMMON	525327102
—	SENIOR HOUSING PROP TRUST	68,800	$1.393M	0.7%	$20.25	$21.51	—	COMMON	81721M109
BRK/B	BERKSHIRE HATHAWAY CLASS B	7,339	$1.223M	0.6%	$166.64	$140.40	+19.2%	COMMON	084670702
—	GOLDCORP	83,566	$1.219M	0.6%	$14.59	$24.85	—	COMMON	380956409
—	ROYAL DUTCH SHELL PLC-ADR	19,472	$1.087M	0.6%	$55.82	$52.28	—	COMMON	780259107
NEE	NEXTERA ENERGY, INC.	8,370	$1.074M	0.6%	$128.32 *	$14.93	+68.4%	COMMON	65339F101
EOG	EOG RESOURCES INC	10,850	$1.059M	0.5%	$97.60 *	$70.85	+4.8%	COMMON	26875P101
HAL	HALLIBURTON	21,500	$1.058M	0.5%	$49.21 *	$36.53	+23.6%	COMMON	406216101
WFC	WELLS FARGO & CO.	18,295	$1.018M	0.5%	$55.64 *	$36.12	+22.8%	COMMON	949746101
VOD	VODAFONE GROUP PLC SP ADR	37,037	$979K	0.5%	$26.43	$32.02	—	COMMON	92857W308
KMPR	KEMPER	23,160	$924K	0.5%	$39.90 *	$32.74	+30.5%	COMMON	488401100
DVN	DEVON ENERGY CORPORATION	21,357	$891K	0.5%	$41.72 *	$37.47	-17.2%	COMMON	25179M103
CAT	CATERPILLAR	9,285	$861K	0.4%	$92.73 *	$63.03	+23.3%	COMMON	149123101
BAC	BANK OF AMERICA CORP	35,308	$833K	0.4%	$23.59 *	$11.45	+69.3%	COMMON	060505104
MRK	MERCK	12,862	$817K	0.4%	$63.52 *	$31.99	+44.0%	COMMON	58933Y105
BRK/A	BERKSHIRE HATHAWAY - CL A	3	$750K	0.4%	$250000.00	$165023.42	+52.0%	COMMON	084670108
BABA	ALIBABA GROUP HOLDING-SP ADR	6,960	$750K	0.4%	$107.76	$96.01	—	COMMON	01609W102
—	BARRICK GOLD	38,505	$731K	0.4%	$18.98	$16.33	—	COMMON	067901108
NFG	NATIONAL FUEL GAS CO	11,950	$712K	0.4%	$59.58	$61.96	-5.0%	COMMON	636180101
T	A T & T INC.	15,632	$650K	0.3%	$41.58 *	$11.17	+49.8%	COMMON	00206R102
EPD	ENTERPRISE PRODUCT PARTNERS L.P	23,344	$645K	0.3%	$27.63	$50.73	—	COMMON	293792107
PEP	PEPSICO	5,714	$639K	0.3%	$111.83 *	$63.02	+30.0%	COMMON	713448108
LMT	LOCKHEED MARTIN	2,198	$588K	0.3%	$267.52 *	$118.41	+74.6%	COMMON	539830109
CW	CURTISS-WRIGHT	6,016	$549K	0.3%	$91.26	$32.35	+186.1%	COMMON	231561101
WEC	WEC ENERGY GROUP	8,929	$541K	0.3%	$60.59 *	$34.78	+27.4%	COMMON	92939U106
MSFT	MICROSOFT	8,007	$527K	0.3%	$65.82 *	$30.27	+91.1%	COMMON	594918104
—	NEWFIELD EXPLORATION	13,750	$508K	0.3%	$36.95	$39.58	—	COMMON	651290108
SRE	SEMPRA ENERGY	4,555	$503K	0.3%	$110.43 *	$27.60	+44.7%	COMMON	816851109
AXP	AMERICAN EXPRESS	6,307	$499K	0.3%	$79.12 *	$61.27	+12.9%	COMMON	025816109
—	AQUA AMERICA INC.	14,338	$461K	0.2%	$32.15	$29.12	—	COMMON	03836W103
—	CTRIP.COM INTERNATIONAL-ADR	8,850	$435K	0.2%	$49.15	$45.96	—	COMMON	22943F100
MCY	MERCURY GENERAL	7,050	$430K	0.2%	$60.99 *	$43.15	+38.4%	COMMON	589400100
—	MARINE HARVEST ASA- SPON ADR	27,400	$420K	0.2%	$15.33	$14.29	—	COMMON	56824R205
KO	COCA COLA	9,200	$390K	0.2%	$42.39 *	$27.85	+13.2%	COMMON	191216100
PFE	PFIZER	10,580	$362K	0.2%	$34.22 *	$20.10	+6.5%	COMMON	717081103
DUK	DUKE ENERGY CORP	4,287	$352K	0.2%	$82.11 *	$41.48	+33.3%	COMMON	26441C204
KMI	KINDER MORGAN INC	14,455	$314K	0.2%	$21.72 *	$21.48	-36.6%	COMMON	49456B101
BIDU	BAIDU INC - SPON ADR	1,785	$308K	0.2%	$172.55	$182.33	—	COMMON	056752108
INTC	INTEL CORP	7,936	$286K	0.1%	$36.04 *	$25.75	+15.3%	COMMON	458140100
SJM	JM SMUCKER	2,155	$282K	0.1%	$130.86 *	$71.16	+44.7%	COMMON	832696405
—	ALLERGAN PLC	1,104	$264K	0.1%	$239.13	$303.56	—	COMMON	G0177J108
ABBV	ABBVIE INC	3,180	$207K	0.1%	$65.09 *	$30.17	+44.1%	COMMON	00287Y109
COP	CONOCOPHILLIPS	4,123	$206K	0.1%	$49.96 *	$36.57	0.0%	COMMON	20825C104
—	DOW CHEMICAL	3,150	$200K	0.1%	$63.49	$63.49	—	COMMON	260543103
F	FORD MOTOR	10,699	$125K	0.1%	$11.68 *	$7.47	+4.1%	COMMON	345370860
KGC	KINROSS GOLD CORP.	17,500	$61,000	0.0%	$3.49 *	$5.35	-32.9%	COMMON	496902404
L	LOEWS CORP	650	$0	0.0%	$0.00	$44.91	0.0%	COMMON	540424108
AES	AES CORPORATION	900	$0	0.0%	$0.00	$8.24	0.0%	COMMON	00130H105