Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
JNJ	Johnson & Johnson	159,596	$16.05M	15.6%	$65.75	+14.2%	COM	478160104
XOM	Exxon Mobil	93,368	$7.936M	7.7%	$55.94	-0.7%	COM	30231G102
—	JPMorgan Chase	103,540	$6.273M	6.1%	$58.48	—	COM	46625h100
PFE	Pfizer	175,687	$6.112M	5.9%	$17.62	+14.1%	COM	717081103
PG	Procter & Gamble	52,866	$4.331M	4.2%	$58.01	+9.6%	COM	742718109
BMY	Bristol-Myers Squibb	61,941	$3.995M	3.9%	$34.16	+27.2%	COM	110122108
—	General Electric	125,811	$3.122M	3.0%	$28.03	—	COM	369604103
PEP	PepsiCo	32,190	$3.078M	3.0%	$57.75	+20.7%	COM	713448108
NSRGY	Nestle ADR	39,325	$2.972M	2.9%	$73.43	—	COM	641069406
DIS	Disney	27,580	$2.893M	2.8%	$61.69	+48.9%	COM	254687106
—	Dow Chemical	56,642	$2.718M	2.6%	$44.40	—	COM	260543103
CLX	Clorox	23,200	$2.561M	2.5%	$63.81	+25.3%	COM	189054109
INTC	Intel	79,149	$2.475M	2.4%	$17.92	+45.1%	COM	458140100
IBM	International Business Machine	14,880	$2.388M	2.3%	$106.40	-9.3%	COM	459200101
CVX	Chevron	21,369	$2.244M	2.2%	$72.49	-7.7%	COM	166764100
—	Merck	38,779	$2.229M	2.2%	$50.06	—	COM	58933y105
ABBV	Abbvie	31,018	$1.816M	1.8%	$30.39	+27.8%	COM	00287Y109
SLB	Schlumberger	20,903	$1.744M	1.7%	$65.05	-5.7%	COM	806857108
ABT	Abbott Laboratories	34,693	$1.607M	1.6%	$29.23	+28.0%	COM	002824100
WMT	Wal-Mart Stores	18,431	$1.516M	1.5%	$20.35	+13.2%	COM	931142103
MKC	McCormick	18,998	$1.465M	1.4%	$27.02	+11.7%	COM	579780206
—	Celgene	12,196	$1.406M	1.4%	$127.50	—	COM	151020104
—	Express Scripts	15,809	$1.372M	1.3%	$70.21	—	COM	30219g108
EMR	Emerson Electric	23,261	$1.317M	1.3%	$48.20	-10.0%	COM	291011104
MCD	McDonald's Corp.	12,125	$1.182M	1.1%	$70.01	+3.1%	COM	580135101
AXP	American Express	15,000	$1.172M	1.1%	$69.27	+2.5%	COM	025816109
AAPL	Apple	9,156	$1.139M	1.1%	$18.98	+41.4%	COM	037833100
—	McGraw Hill Financial	10,910	$1.128M	1.1%	$78.21	—	COM	580645109
—	3M	6,560	$1.082M	1.0%	$140.23	—	COM	88579y101
—	Zimmer Holdings	8,208	$964K	0.9%	$93.20	—	COM	98956p102
—	Du Pont (E.I) de Nemours	13,060	$933K	0.9%	$65.00	—	COM	263534109
—	Verizon Communications	18,834	$916K	0.9%	$49.13	—	COM	92343v104
WM	Waste Management	16,696	$905K	0.9%	$35.83	+20.0%	COM	94106L109
—	Monsanto	7,686	$865K	0.8%	$116.56	—	COM	61166w101
HD	Home Depot	7,263	$825K	0.8%	$58.90	+44.9%	COM	437076102
AMGN	Amgen	4,542	$726K	0.7%	$81.11	+41.8%	COM	031162100
—	AT&T	17,664	$577K	0.6%	$35.14	—	COM	030177109
UNP	Union Pacific	5,200	$563K	0.5%	$67.66	+35.7%	COM	907818108
KMB	Kimberly Clark	5,163	$553K	0.5%	$66.36	+15.0%	COM	494368103
MSFT	Microsoft	13,467	$547K	0.5%	$30.02	+24.1%	COM	594918104
EFX	Equifax	4,738	$441K	0.4%	$57.60	+38.8%	COM	294429105
BK	Bank of New York Mellon	10,560	$425K	0.4%	$24.30	+22.4%	COM	064058100
NSC	Norfolk Southern	3,476	$358K	0.3%	$65.71	+28.1%	COM	655844108
FIS	Fidelity National Info.	5,020	$342K	0.3%	$40.05	+35.4%	COM	31620M106
QCOM	Qualcomm	4,821	$334K	0.3%	$51.02	+1.2%	COM	747525103
YUM	Yum! Brands	4,160	$327K	0.3%	$40.89	+8.9%	COM	988498101
AMP	Ameriprise Financial	2,500	$327K	0.3%	$80.05	+30.7%	COM	03076C106
—	Alcoa	24,800	$320K	0.3%	$10.65	—	COM	013817101
KO	Coca-Cola	7,750	$314K	0.3%	$26.95	+9.9%	COM	191216100
—	Hospira	3,199	$281K	0.3%	$87.84	—	COM	441060100
—	Cisco Systems	9,538	$263K	0.3%	$22.44	—	COM	17275R952
UPS	United Parcel Service 'B'	2,625	$254K	0.2%	$64.45	+7.7%	COM	911312106
—	Dr. Pepper Snapple	3,168	$249K	0.2%	$64.39	—	COM	26138E109
MDLZ	Mondelez	6,353	$230K	0.2%	$25.52	+11.0%	COM	609207105
F	Ford Motor	13,500	$218K	0.2%	$9.00	-1.9%	COM	345370860
TRV	Travelers	2,000	$216K	0.2%	$78.95	+6.4%	COM	89417E109
SCHW	Charles Schwab	7,108	$216K	0.2%	$24.70	+2.8%	COM	808513105
—	Zoetis	4,400	$204K	0.2%	$46.36	—	COM	98978v103
CLVLY	Clinuvel Pharmaceuticals	37,000	$85,000	0.1%	$3.43	—	COM	188769103