Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
HON	HONEYWELL INTERNATIONAL INC.	74,183	$11.79M	6.4%	$158.92 *	$63.95	+89.5%	COMMON	438516106
COST	COSTCO WHOLESALE	47,197	$11.43M	6.2%	$242.13 *	$99.61	+99.1%	COMMON	22160K105
TMO	THERMO FISHER SCIENTIFIC	40,056	$10.96M	5.9%	$273.72 *	$99.53	+145.6%	COMMON	883556102
MMM	3M COMPANY	49,358	$10.26M	5.5%	$207.79 *	$74.59	+75.7%	COMMON	88579Y101
AAPL	APPLE COMPUTER INC	49,260	$9.357M	5.0%	$189.95 *	$22.20	+82.1%	COMMON	037833100
CVX	CHEVRON CORP.	62,088	$7.648M	4.1%	$123.18 *	$68.38	+27.9%	COMMON	166764100
JNJ	JOHNSON & JOHNSON	54,404	$7.605M	4.1%	$139.79 *	$65.62	+68.2%	COMMON	478160104
AWK	AMERICAN WATER WORKS	65,770	$6.857M	3.7%	$104.26 *	$37.39	+130.7%	COMMON	030420103
GOOG	ALPHABET INC-CL C	5,428	$6.369M	3.4%	$1173.36 *	$37.44	+48.7%	COMMON	02079K107
GOOGL	ALPHABET INC-CL A	4,531	$5.332M	2.9%	$1176.78 *	$38.76	+44.6%	COMMON	02079K305
PG	PROCTER & GAMBLE	43,376	$4.513M	2.4%	$104.04 *	$56.98	+44.0%	COMMON	742718109
ROK	ROCKWELL AUTOMATION	25,547	$4.483M	2.4%	$175.48 *	$110.43	+35.8%	COMMON	773903109
MSFT	MICROSOFT	38,003	$4.482M	2.4%	$117.94 *	$66.44	+54.0%	COMMON	594918104
AMGN	AMGEN INC	21,964	$4.172M	2.2%	$189.95 *	$115.99	+33.3%	COMMON	031162100
KMB	KIMBERLY CLARK	33,098	$4.101M	2.2%	$123.90 *	$69.92	+30.6%	COMMON	494368103
—	UNITED TECHNOLOGIES	30,150	$3.886M	2.1%	$128.89	$101.77	—	COMMON	913017109
AMZN	AMAZON.COM	2,069	$3.684M	2.0%	$1780.57 *	$52.67	+58.0%	COMMON	023135106
XOM	EXXON MOBIL	40,891	$3.304M	1.8%	$80.80 *	$55.52	-0.2%	COMMON	30231G102
ABT	ABBOTT LABORATORIES	41,235	$3.296M	1.8%	$79.93 *	$29.50	+124.1%	COMMON	002824100
—	SENIOR HOUSING PROP TRUST	266,700	$3.142M	1.7%	$11.78	$19.17	—	COMMON	81721M109
MRK	MERCK	36,370	$3.025M	1.6%	$83.17 *	$40.18	+50.1%	COMMON	58933Y105
PYPL	PAYPAL HOLDINGS INC	27,803	$2.887M	1.6%	$103.84 *	$82.17	+14.9%	COMMON	70450Y103
—	ROYAL DUTCH SHELL PLC-ADR	40,092	$2.564M	1.4%	$63.95	$62.68	—	COMMON	780259107
LDOS	LEIDOS HOLDINGS INC	39,509	$2.532M	1.4%	$64.09 *	$45.85	+19.7%	COMMON	525327102
VZ	VERIZON COMMUNICATIONS	39,522	$2.337M	1.3%	$59.13 *	$31.13	+25.1%	COMMON	92343V104
INTC	INTEL CORP	39,229	$2.106M	1.1%	$53.68 *	$34.36	+27.6%	COMMON	458140100
NWL	NEWELL BRANDS INC	136,200	$2.089M	1.1%	$15.34 *	$13.81	-4.0%	COMMON	651229106
EOG	EOG RESOURCES INC	21,307	$2.028M	1.1%	$95.18 *	$73.97	-2.8%	COMMON	26875P101
NVS	NOVARTIS AG-ADR	19,800	$1.904M	1.0%	$96.16	$75.56	—	COMMON	66987V109
PFE	PFIZER	43,938	$1.866M	1.0%	$42.47 *	$23.77	+23.0%	COMMON	717081103
BA	BOEING	4,866	$1.856M	1.0%	$381.42	$174.16	+115.4%	COMMON	097023105
NEE	NEXTERA ENERGY, INC.	8,880	$1.716M	0.9%	$193.24 *	$20.07	+92.2%	COMMON	65339F101
IBM	INTL BUSINESS MACHINES	11,911	$1.681M	0.9%	$141.13 *	$113.01	-16.3%	COMMON	459200101
TRP	TC ENERGY CORP	36,000	$1.618M	0.9%	$44.94 *	$29.86	+1.6%	COMMON	87807B107
T	A T & T INC.	50,186	$1.574M	0.8%	$31.36 *	$14.53	-2.5%	COMMON	00206R102
—	GLAXOSMITHKLINE PLC-ADR	36,700	$1.534M	0.8%	$41.80	$40.30	—	COMMON	37733W105
SLB	SCHLUMBERGER LIMITED	30,200	$1.316M	0.7%	$43.58 *	$56.36	-36.6%	COMMON	806857108
AEM	AGNICO-EAGLE MINES LTD	29,185	$1.27M	0.7%	$43.52 *	$25.13	+44.8%	COMMON	008474108
BABA	ALIBABA GROUP HOLDING-SP ADR	6,960	$1.27M	0.7%	$182.47	$164.80	—	COMMON	01609W102
CMP	COMPASS MINERALS INTERNATION	22,700	$1.234M	0.7%	$54.36 *	$53.77	-21.0%	COMMON	20451N101
BRK/A	BERKSHIRE HATHAWAY - CL A	4	$1.205M	0.6%	$301250.00	$202038.44	+49.9%	COMMON	084670108
ENB	ENBRIDGE INC	33,061	$1.199M	0.6%	$36.27 *	$19.79	+15.7%	COMMON	29250N105
—	RAYTHEON	6,480	$1.18M	0.6%	$182.10	$114.04	—	COMMON	755111507
VTR	VENTAS INC	18,200	$1.161M	0.6%	$63.79 *	$37.95	+24.5%	COMMON	92276F100
F	FORD MOTOR	128,049	$1.124M	0.6%	$8.78 *	$7.70	-21.0%	COMMON	345370860
BIP	BROOKFIELD INFRASTRUCTURE PARTNE	26,100	$1.093M	0.6%	$41.88	$38.39	—	COMMON	G16252101
NHI	NATL HEALTH INVESTORS INC	13,350	$1.049M	0.6%	$78.58	$73.71	—	COMMON	63633D104
CMI	CUMMINS	6,375	$1.006M	0.5%	$157.80 *	$103.44	+21.6%	COMMON	231021106
PK	PARK HOTELS & RESORTS INC	32,100	$998K	0.5%	$31.09	$30.62	—	COMMON	700517105
DIS	WALT DISNEY	7,469	$829K	0.4%	$110.99 *	$61.02	+76.8%	COMMON	254687106
LMT	LOCKHEED MARTIN	2,454	$737K	0.4%	$300.33 *	$133.01	+83.1%	COMMON	539830109
—	UNILEVER N.V. NY SHRS	12,567	$733K	0.4%	$58.33	$39.71	—	COMMON	904784709
GLW	CORNING INC	21,863	$724K	0.4%	$33.12 *	$25.75	+5.0%	COMMON	219350105
WEC	WEC ENERGY GROUP	8,629	$682K	0.4%	$79.04 *	$34.78	+71.4%	COMMON	92939U106
USB	U S BANCORP	13,250	$639K	0.3%	$48.23 *	$34.00	+10.6%	COMMON	902973304
JPM	J.P. MORGAN CHASE & CO.	6,189	$627K	0.3%	$101.31 *	$73.66	+15.9%	COMMON	46625H100
EMR	EMERSON ELECTRIC	7,980	$546K	0.3%	$68.42 *	$41.70	+34.3%	COMMON	291011104
NFG	NATIONAL FUEL GAS CO	8,100	$494K	0.3%	$60.99 *	$60.10	-3.4%	COMMON	636180101
—	BARRICK GOLD	35,816	$491K	0.3%	$13.71	$16.17	—	COMMON	067901108
NOC	NORTHROP GRUMMAN	1,792	$483K	0.3%	$269.53 *	$72.19	+237.5%	COMMON	666807102
BRK/B	BERKSHIRE HATHAWAY CLASS B	2,249	$452K	0.2%	$200.98	$144.68	+39.5%	COMMON	084670702
VOD	VODAFONE GROUP PLC SP ADR	23,712	$431K	0.2%	$18.18	$31.57	—	COMMON	92857W308
—	CTRIP.COM INTERNATIONAL-ADR	8,850	$387K	0.2%	$43.73	$37.18	—	COMMON	22943F100
BIDU	BAIDU INC - SPON ADR	1,785	$294K	0.2%	$164.71	$228.57	—	COMMON	056752108
PEP	PEPSICO	2,332	$286K	0.2%	$122.64 *	$63.02	+46.7%	COMMON	713448108
ECL	ECOLAB	1,500	$265K	0.1%	$176.67 *	$121.85	+23.9%	COMMON	278865100
—	MAGELLAN MIDSTREAM PARTNERS, LP.	3,882	$235K	0.1%	$60.54	$59.38	—	COMMON	559080106
DUK	DUKE ENERGY CORP	2,581	$232K	0.1%	$89.89 *	$41.48	+61.3%	COMMON	26441C204
KO	COCA COLA	4,700	$220K	0.1%	$46.81 *	$27.85	+35.6%	COMMON	191216100
WFC	WELLS FARGO & CO.	4,495	$217K	0.1%	$48.28 *	$36.12	+12.8%	COMMON	949746101
BMY	BRISTOL-MYERS SQUIBB	4,518	$216K	0.1%	$47.81 *	$38.30	0.0%	COMMON	110122108
CSCO	CISCO SYSTEMS	3,977	$215K	0.1%	$54.06 *	$39.51	0.0%	COMMON	17275R102
KGC	KINROSS GOLD CORP.	17,500	$60,000	0.0%	$3.43 *	$4.70	-29.0%	COMMON	496902404