Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
JNJ	Johnson & Johnson	146,162	$16.84M	16.0%	$65.75	+36.4%	COM	478160104
—	JPMorgan Chase	98,001	$8.457M	8.0%	$58.48	—	COM	46625h100
XOM	Exxon Mobil	70,452	$6.359M	6.1%	$55.85	+4.2%	COM	30231G102
PFE	Pfizer	148,235	$4.814M	4.6%	$17.65	+16.1%	COM	717081103
PG	Procter & Gamble	47,069	$3.957M	3.8%	$58.01	+15.1%	COM	742718109
—	General Electric	117,116	$3.701M	3.5%	$28.05	—	COM	369604103
BMY	Bristol-Myers Squibb	59,847	$3.498M	3.3%	$34.56	+14.4%	COM	110122108
PEP	PepsiCo	32,165	$3.365M	3.2%	$57.75	+37.4%	COM	713448108
DIS	Disney	30,409	$3.169M	3.0%	$64.51	+40.6%	COM	254687106
—	Dow Chemical	53,867	$3.082M	2.9%	$44.47	—	COM	260543103
INTC	Intel	79,637	$2.889M	2.7%	$18.13	+60.8%	COM	458140100
CVX	Chevron	23,369	$2.75M	2.6%	$70.89	+4.1%	COM	166764100
NSRGY	Nestle ADR	35,525	$2.553M	2.4%	$73.69	—	COM	641069406
CLX	Clorox	20,000	$2.4M	2.3%	$63.81	+42.4%	COM	189054109
—	Merck	38,059	$2.24M	2.1%	$50.04	—	COM	58933y105
ABBV	Abbvie	32,160	$2.014M	1.9%	$30.59	+36.6%	COM	00287Y109
IBM	International Business Machine	11,770	$1.954M	1.9%	$106.40	-3.1%	COM	459200101
AAPL	Apple	13,735	$1.591M	1.5%	$20.85	+25.1%	COM	037833100
SLB	Schlumberger	18,023	$1.514M	1.4%	$65.00	-3.0%	COM	806857108
—	Verizon Communications	28,194	$1.505M	1.4%	$50.57	—	COM	92343v104
MKC	McCormick	15,798	$1.474M	1.4%	$27.02	+45.1%	COM	579780206
—	Celgene	12,511	$1.449M	1.4%	$125.98	—	COM	151020104
ABT	Abbott Laboratories	35,935	$1.38M	1.3%	$29.33	+14.7%	COM	002824100
—	3M	6,560	$1.172M	1.1%	$140.23	—	COM	88579y101
HD	Home Depot	8,662	$1.161M	1.1%	$65.94	+56.8%	COM	437076102
WM	Waste Management	15,696	$1.113M	1.1%	$35.83	+58.5%	COM	94106L109
AXP	American Express	15,000	$1.111M	1.1%	$69.27	-12.0%	COM	025816109
MCD	McDonald's Corp.	8,825	$1.074M	1.0%	$70.01	+34.7%	COM	580135101
EMR	Emerson Electric	17,486	$974K	0.9%	$48.20	-11.1%	COM	291011104
SPGI	S&P Global	8,749	$941K	0.9%	$96.34	+14.1%	COM	78409V104
MSFT	Microsoft	14,309	$890K	0.8%	$31.15	+73.1%	COM	594918104
EFX	Equifax	7,323	$866K	0.8%	$76.90	+46.0%	COM	294429105
—	Express Scripts	12,583	$866K	0.8%	$70.45	—	COM	30219g108
—	Zimmer Biomet	8,208	$847K	0.8%	$93.20	—	COM	98956p102
—	Monsanto	7,492	$789K	0.8%	$114.25	—	COM	61166w101
—	Du Pont (E.I) de Nemours	10,710	$786K	0.7%	$65.00	—	COM	263534109
AMGN	Amgen	5,168	$756K	0.7%	$84.70	+35.0%	COM	031162100
—	AT&T	15,618	$664K	0.6%	$35.14	—	COM	030177109
WMT	Wal-Mart Stores	8,842	$611K	0.6%	$20.33	-2.0%	COM	931142103
—	Alphabet Class C	790	$610K	0.6%	$722.31	—	COM	02079k107
UNP	Union Pacific	5,550	$575K	0.5%	$68.37	+17.5%	COM	907818108
KMB	Kimberly Clark	4,663	$532K	0.5%	$66.36	+27.4%	COM	494368103
BK	Bank of New York Mellon	10,560	$500K	0.5%	$24.30	+46.1%	COM	064058100
UNH	United Healthcare	2,950	$472K	0.4%	$106.93	+20.8%	COM	91324P102
SCHW	Charles Schwab	9,808	$387K	0.4%	$25.16	+26.3%	COM	808513105
UPS	United Parcel Service 'B'	3,350	$384K	0.4%	$65.53	+22.5%	COM	911312106
FIS	Fidelity National Info.	5,020	$380K	0.4%	$40.05	+62.2%	COM	31620M106
NSC	Norfolk Southern	3,476	$376K	0.4%	$65.71	+27.8%	COM	655844108
AMP	Ameriprise Financial	3,000	$333K	0.3%	$78.85	+11.6%	COM	03076C106
KO	Coca-Cola	7,750	$321K	0.3%	$26.95	+15.8%	COM	191216100
—	Cisco Systems	10,038	$304K	0.3%	$22.90	—	COM	17275R952
—	Zoetis	5,375	$288K	0.3%	$48.65	—	COM	98978v103
QCOM	Qualcomm	4,221	$275K	0.3%	$51.02	+2.4%	COM	747525103
YUM	Yum! Brands	4,160	$263K	0.3%	$40.89	+30.3%	COM	988498101
MDLZ	Mondelez	5,939	$263K	0.3%	$25.52	+36.1%	COM	609207105
KWR	Quaker Chemical	2,000	$256K	0.2%	$97.60	+20.6%	COM	747316107
—	Dr. Pepper Snapple	2,400	$218K	0.2%	$64.39	—	COM	26138E109
CAT	Caterpillar	2,332	$216K	0.2%	$66.01	+11.7%	COM	149123101
PM	Philip Morris	2,243	$205K	0.2%	$48.32	+20.5%	COM	718172109
TRV	Travelers	1,675	$205K	0.2%	$93.44	0.0%	COM	89417E109
F	Ford Motor	11,900	$144K	0.1%	$9.00	-17.0%	COM	345370860