The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
21ST CENT FOX Cl A COM 90130A101 720 21,500 SH   SOLE   21,500 0 0
ABBOTT LABORATORIES COM 002824100 1,346 40,567 SH   SOLE   40,567 0 0
ABBVIE INC COM COM 00287Y109 1,805 40,367 SH   SOLE   40,367 0 0
ACCO BRANDS CORP COM COM 00081T108 145 21,904 SH   SOLE   21,904 0 0
AGILENT TECHNOLOGIES COM 00846U101 2,708 52,850 SH   SOLE   52,850 0 0
AIR PRODUCTS & CHEMICALS COM 009158106 3,109 29,180 SH   SOLE   29,180 0 0
AIRGAS INC. COM 009363102 493 4,650 SH   SOLE   4,650 0 0
ALLERGAN INC COM 018490102 271 3,000 SH   SOLE   3,000 0 0
ALUMINUM CO OF AMERICA COM 013817101 279 34,435 SH   SOLE   34,435 0 0
AMAZON COM INC COM 023135106 664 2,125 SH   SOLE   2,125 0 0
AMER ELECTRIC PWR CO INC COM 025537101 264 6,104 SH   SOLE   6,104 0 0
AMERICAN EXPRESS CO. COM 025816109 1,184 15,685 SH   SOLE   15,685 0 0
AMERICAN STATES WATER CO COM 029899101 283 10,300 SH   SOLE   10,300 0 0
AMERITRADE HLDNG CORP CL A COM 87236Y108 352 13,450 SH   SOLE   13,450 0 0
AMGEN INC COM 031162100 235 2,100 SH   SOLE   2,100 0 0
ANADARKO PETROLEUM CORP COM 032511107 404 4,350 SH   SOLE   4,350 0 0
ANALOG DEVICES INC COM 032654105 733 15,600 SH   SOLE   15,600 0 0
ANGLOGOLD LTD COM 035128206 142 10,750 SH   SOLE   10,750 0 0
APPLE, INC COM 037833100 744 1,561 SH   SOLE   1,561 0 0
APPLIED INDL. TECH. COM 03820C105 715 13,900 SH   SOLE   13,900 0 0
APPLIED MATERIALS INC COM 038222105 454 25,900 SH   SOLE   25,900 0 0
ARTESIAN RES CORP CLA COM 043113208 296 13,325 SH   SOLE   13,325 0 0
ASHLAND ONC COM 044204105 295 3,200 SH   SOLE   3,200 0 0
ATMOS ENERGY CORP COM 049560105 683 16,050 SH   SOLE   16,050 0 0
AUTO DATA PROCESSING COM 053015103 2,588 35,765 SH   SOLE   35,765 0 0
AVNET INC COM 053807103 2,018 48,391 SH   SOLE   48,391 0 0
BAKER HUGHES INC COM 057224107 214 4,363 SH   SOLE   4,363 0 0
BANCORP SOUTH CM COM 059692103 229 11,515 SH   SOLE   11,515 0 0
BANK OF NEW YORK CO INC COM 064058100 507 16,800 SH   SOLE   16,800 0 0
BEAM INC. COM 073730103 1,461 22,600 SH   SOLE   22,600 0 0
BEST BUY INC COM 086516101 325 8,675 SH   SOLE   8,675 0 0
BP PLC COM 055622104 436 10,380 SH   SOLE   10,380 0 0
BP PRUDHOE BAY ROYALTY COM 055630107 346 4,000 SH   SOLE   4,000 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 984 21,277 SH   SOLE   21,277 0 0
BROADRIDGE FINANCIAL COM 11133T103 1,216 38,321 SH   SOLE   38,321 0 0
BROCADE COMMUNS SYS INC COM 111621306 247 30,800 SH   SOLE   30,800 0 0
BROWN FORMAN CORP CL B COM 115637209 1,838 26,990 SH   SOLE   26,990 0 0
BUNGE COM G16962105 1,885 24,840 SH   SOLE   24,840 0 0
CABOT OIL & GAS COM 127097103 298 8,000 SH   SOLE   8,000 0 0
CALAVO GROWERS INC COM 128246105 347 11,500 SH   SOLE   11,500 0 0
CAMPBELL SOUP COMPANY COM 134429109 313 7,700 SH   SOLE   7,700 0 0
CASEYS GENERAL STORES INC COM 147528103 733 9,997 SH   SOLE   9,997 0 0
CATERPILLAR INC COM 149123101 855 10,263 SH   SOLE   10,263 0 0
CHESAPEAKE UTIL CORP COM 165303108 1,036 19,750 SH   SOLE   19,750 0 0
CHEVRONTEXACO CORP COM 166764100 4,030 33,174 SH   SOLE   33,174 0 0
CHUBB CORPORATION COM 171232101 420 4,716 SH   SOLE   4,716 0 0
CIMAREX ENERGY CO COM 171798101 241 2,500 SH   SOLE   2,500 0 0
CINTAS CORP COM 172908105 500 9,775 SH   SOLE   9,775 0 0
CIRRUS LOGIC COM 172755100 466 20,600 SH   SOLE   20,600 0 0
COCA-COLA COMPANY COM 191216100 1,513 39,946 SH   SOLE   39,946 0 0
COMPUTER ASSOC INTL INC COM 12673P105 599 20,200 SH   SOLE   20,200 0 0
CONOCOPHILLIPS COM 20825C104 1,157 16,648 SH   SOLE   16,648 0 0
CORNING INC. COM 219350105 469 32,175 SH   SOLE   32,175 0 0
COSTCO WHOLSALE CORP NEW COM 22160K105 819 7,114 SH   SOLE   7,114 0 0
CREE INC COM 225447101 878 14,600 SH   SOLE   14,600 0 0
CSX CORP COM 126408103 270 10,500 SH   SOLE   10,500 0 0
DARDEN RESTURANTS INC COM 237194105 1,298 28,050 SH   SOLE   28,050 0 0
DEERE & CO COM 244199105 1,117 13,735 SH   SOLE   13,735 0 0
DENNYS CORP COM 24869P104 198 32,500 SH   SOLE   32,500 0 0
DIAMOND OFFSHR DRILLING COM 25271C102 940 15,084 SH   SOLE   15,084 0 0
DISNEY WALT HOLDING CO COM 254687106 1,263 19,597 SH   SOLE   19,597 0 0
DOMINION RESOURCES INC. COM 25746U109 918 14,701 SH   SOLE   14,701 0 0
DOVER CORPORATION COM 260003108 896 9,975 SH   SOLE   9,975 0 0
DR PEPPER SNAPPLE GROUP COM 26138E109 428 9,550 SH   SOLE   9,550 0 0
DU PONT E I DE NEMOUR&CO COM 263534109 640 10,940 SH   SOLE   10,940 0 0
DUKE ENERGY CORPORATION COM 26441C105 790 11,840 SH   SOLE   11,840 0 0
E M C CORP MASS COM 268648102 438 17,150 SH   SOLE   17,150 0 0
EATON CORPORATION COM 278058102 478 6,948 SH   SOLE   6,948 0 0
EMERSON ELECTRIC COM 291011104 3,452 53,367 SH   SOLE   53,367 0 0
ENERGEN CORP COM 29265N108 351 4,600 SH   SOLE   4,600 0 0
EXXON MOBIL CORP COM 30231G102 6,200 72,066 SH   SOLE   72,066 0 0
FAMILY DOLLAR STORES INC. COM 307000109 223 3,100 SH   SOLE   3,100 0 0
FERRO CORP COM 315405100 208 22,900 SH   SOLE   22,900 0 0
FIDELITY NATL INFO SVCS COM 31620M106 1,200 25,861 SH   SOLE   25,861 0 0
FLUOR CORPORATION COM 343412102 787 11,100 SH   SOLE   11,100 0 0
FORD MOTOR COMPANY COM 345370860 504 29,926 SH   SOLE   29,926 0 0
FRANKLIN ELEC CO INC COM 353514102 925 23,500 SH   SOLE   23,500 0 0
GAP INC COM 364760108 2,195 54,500 SH   SOLE   54,500 0 0
GENCORP INC COM 368682100 163 10,200 SH   SOLE   10,200 0 0
GENERAL ELECTRIC COM 369604103 728 30,473 SH   SOLE   30,473 0 0
GENERAL MILLS INC COM 370334104 1,713 35,750 SH   SOLE   35,750 0 0
GENERAL MOTORS COMPANY COM COM 37045V100 462 12,866 SH   SOLE   12,866 0 0
GENUINE PARTS CO COM COM 372460105 558 6,900 SH   SOLE   6,900 0 0
GOODYEAR TIRE & RUBBER COM 382550101 592 26,400 SH   SOLE   26,400 0 0
GORMAN-RUPP CO COM COM 383082104 2,139 53,335 SH   SOLE   53,335 0 0
GRAINGER WW INC COM 384802104 7,304 27,910 SH   SOLE   27,910 0 0
HAIN CELESTIAL GROUP INC COM 405217100 212 2,750 SH   SOLE   2,750 0 0
HALLIBURTON COMPANY COM 406216101 432 8,986 SH   SOLE   8,986 0 0
HELMERICH & PAYNE INC COM 423452101 1,234 17,900 SH   SOLE   17,900 0 0
HERSHEY FOODS CORP COM 427866108 4,256 46,015 SH   SOLE   46,015 0 0
HOLLYFRONTIER CORP COM COM 435758305 234 5,572 SH   SOLE   5,572 0 0
HOME DEPOT INC COM 437076102 781 10,300 SH   SOLE   10,300 0 0
HONEYWELL INC. COM 438516106 995 11,994 SH   SOLE   11,994 0 0
HOSPIRA COM 441060100 921 23,493 SH   SOLE   23,493 0 0
HUNTINGTON BANCSHARES INC COM 446150104 265 32,116 SH   SOLE   32,116 0 0
INGERSOLL-RAND COMPANY COM G47791101 1,971 30,360 SH   SOLE   30,360 0 0
INGREDION INC. COM 219023108 727 11,000 SH   SOLE   11,000 0 0
INTEL COM 458140100 326 14,238 SH   SOLE   14,238 0 0
INTERNATIONAL PAPER CO COM 460146103 418 9,350 SH   SOLE   9,350 0 0
INTL BUSINESS MACHINES COM 459200101 839 4,531 SH   SOLE   4,531 0 0
INTL FLAVOR & FRAGRANCES COM 459506101 2,974 36,141 SH   SOLE   36,141 0 0
JOHNSON & JOHNSON COM 478160104 3,524 40,661 SH   SOLE   40,661 0 0
JOHNSON CONTROLS COM 478366107 456 11,000 SH   SOLE   11,000 0 0
KANSAS CITY SOUTHERN NEW COM 485170302 557 5,100 SH   SOLE   5,100 0 0
KEYCORP COM 493267108 208 18,259 SH   SOLE   18,259 0 0
KIMBERLY-CLARK CORP COM 494368103 2,616 27,767 SH   SOLE   27,767 0 0
KIRBY CORP COM 497266106 685 7,920 SH   SOLE   7,920 0 0
LACLEDE GAS COMPANY COM 505597104 702 15,600 SH   SOLE   15,600 0 0
LAUDER ESTEE CORP CL A COM 518439104 1,216 17,400 SH   SOLE   17,400 0 0
LEAPFROG ENTERPRISES INC COM COM 52186N106 95 10,100 SH   SOLE   10,100 0 0
LOWES COMPANIES INC COM 548661107 692 14,554 SH   SOLE   14,554 0 0
MARATHON OIL CO. COM 565849106 590 16,930 SH   SOLE   16,930 0 0
MARATHON PETE CORP COM COM 56585A102 322 5,015 SH   SOLE   5,015 0 0
MASTERCARD INC COM 57636Q104 2,533 3,765 SH   SOLE   3,765 0 0
MC CORMICK & CO NEW VT COM 579780206 940 14,530 SH   SOLE   14,530 0 0
MEADWESTVACO CORP COM 583334107 1,882 49,036 SH   SOLE   49,036 0 0
MERCK & CO INC COM 58933Y105 607 12,770 SH   SOLE   12,770 0 0
MEREDITH CORP. COM 589433101 523 11,000 SH   SOLE   11,000 0 0
METLIFE INC COM 59156R108 994 21,173 SH   SOLE   21,173 0 0
MICRON TECHNOLOGIES COM 595112103 527 30,200 SH   SOLE   30,200 0 0
MICROSOFT CORP COM 594918104 1,097 32,972 SH   SOLE   32,972 0 0
MIDDLEBY CORP THE COM 596278101 2,005 9,600 SH   SOLE   9,600 0 0
MINNESOTA MINING & MFG COM 88579Y101 1,919 16,076 SH   SOLE   16,076 0 0
MUELLER WATER PRODUCTS COM 624758108 175 22,000 SH   SOLE   22,000 0 0
MURPHY OIL CORP COM 626717102 2,132 35,360 SH   SOLE   35,360 0 0
MURPHY USA INC. COM 626755102 357 8,839 SH   SOLE   8,839 0 0
NATIONAL-OILWELL VARCO INC COM COM 637071101 409 5,244 SH   SOLE   5,244 0 0
NEENAH PAPER INC COM 640079109 1,120 28,500 SH   SOLE   28,500 0 0
NEWMONT MINING COM 651639106 486 17,300 SH   SOLE   17,300 0 0
NO EUROPEAN OIL TR COM 659310106 371 17,000 SH   SOLE   17,000 0 0
NOBLE ENERGY INC. COM 655044105 970 14,480 SH   SOLE   14,480 0 0
NORFOLK SOUTHERN CORP COM 655844108 1,009 13,050 SH   SOLE   13,050 0 0
NORTHERN TRUST CORP COM 665859104 977 17,975 SH   SOLE   17,975 0 0
NUVEEN TX QLTY INCM MUN COM 670983105 272 20,200 SH   SOLE   20,200 0 0
OCCIDENTAL PETE CORP COM 674599105 409 4,377 SH   SOLE   4,377 0 0
OLIN CORP NEW COM 680665205 1,316 57,050 SH   SOLE   57,050 0 0
ONEOK, INC COM 682680103 1,276 23,932 SH   SOLE   23,932 0 0
PACCAR INC COM 693718108 339 6,100 SH   SOLE   6,100 0 0
PANERA BREAD CO CL A COM 69840W108 1,741 10,985 SH   SOLE   10,985 0 0
PANTRY INC. COM 698657103 187 16,900 SH   SOLE   16,900 0 0
PARKER-HANNIFIN CORP COM 701094104 554 5,100 SH   SOLE   5,100 0 0
PDL BIOPHARMA INC COM 69329Y104 85 10,750 SH   SOLE   10,750 0 0
PEABODY ENERGY CORP COM 704549104 484 28,075 SH   SOLE   28,075 0 0
PENSKE AUTOMOTIVE GROUP COM 70959W103 442 10,350 SH   SOLE   10,350 0 0
PEPSICO INCORPORATED COM 713448108 3,310 41,641 SH   SOLE   41,641 0 0
PETROLEO BRASILERIO ADRF COM 71654V408 325 21,025 SH   SOLE   21,025 0 0
PFIZER INC COM 717081103 449 15,651 SH   SOLE   15,651 0 0
PHILLIPS 66 COM COM 718546104 427 7,398 SH   SOLE   7,398 0 0
PIEDMONT NATURAL GAS CO. COM 720186105 564 17,175 SH   SOLE   17,175 0 0
PRAXAIR INC. COM 74005P104 5,351 44,521 SH   SOLE   44,521 0 0
PROCTER & GAMBLE COM 742718109 897 11,869 SH   SOLE   11,869 0 0
PROS HOLDING INC COM COM 74346Y103 423 12,400 SH   SOLE   12,400 0 0
RALPH LAUREN CORP. COM 731572103 296 1,800 SH   SOLE   1,800 0 0
REGIONS FINANCIAL CP NEW COM 7591EP100 141 15,267 SH   SOLE   15,267 0 0
ROCHE HLDG LTD ADR COM 771195104 684 10,130 SH   SOLE   10,130 0 0
ROWAN COMPANIES COM 779382100 4,226 115,103 SH   SOLE   115,103 0 0
ROYAL DUTCH SHELL ADR F COM 780259206 305 4,648 SH   SOLE   4,648 0 0
SCHLUMBERGER LTD F COM 806857108 1,509 17,078 SH   SOLE   17,078 0 0
SHERWIN WILLIAMS CO COM 824348106 236 1,300 SH   SOLE   1,300 0 0
SIEMENS ADR COM 826197501 610 5,065 SH   SOLE   5,065 0 0
SIGMA ALDRICH CORP COM 826552101 1,766 20,704 SH   SOLE   20,704 0 0
SONOCO PRODUCTS INC COM 835495102 1,363 35,016 SH   SOLE   35,016 0 0
SOUTHWEST AIRLINES CO COM 844741108 289 19,900 SH   SOLE   19,900 0 0
SPECTRA ENERGY CORP COM 847560109 763 22,300 SH   SOLE   22,300 0 0
ST JOE COMPANY COM 790148100 254 12,950 SH   SOLE   12,950 0 0
STANLEY BLACK & DECKER INC. COM 854502101 738 8,150 SH   SOLE   8,150 0 0
STARBUCKS CORP COM 855244109 4,662 60,575 SH   SOLE   60,575 0 0
STRYKER CORP COM 863667101 432 6,400 SH   SOLE   6,400 0 0
SYSCO CORP. COM 871829107 1,984 62,338 SH   SOLE   62,338 0 0
TELLABS INC COM 879664100 28 12,700 SH   SOLE   12,700 0 0
TESORO CORPORATION COM 881609101 417 9,500 SH   SOLE   9,500 0 0
TEXAS INSTRUMENTS INC COM 882508104 1,934 48,016 SH   SOLE   48,016 0 0
TIMKEN COMPANY COM 887389104 1,606 26,600 SH   SOLE   26,600 0 0
TRACTOR SUPPLY COMPANY COM 892356106 3,553 52,900 SH   SOLE   52,900 0 0
TRANSOCEAN SEDCO FOREX COM H8817H100 1,203 27,042 SH   SOLE   27,042 0 0
TRINITY INDUSTRIES INC COM 896522109 253 5,600 SH   SOLE   5,600 0 0
TRINTIY PETE TRUST CBI COM 896556107 245 1,816 SH   SOLE   1,816 0 0
TWENTY FIRST CENTURY FOX INC C COM 90130A200 303 9,100 SH   SOLE   9,100 0 0
UNION PACIFIC CORP COM 907818108 2,031 13,075 SH   SOLE   13,075 0 0
UNITED TECHNOLOGIES CORP COM 913017109 946 8,781 SH   SOLE   8,781 0 0
US BANCORP DEL COM 902973304 204 5,600 SH   SOLE   5,600 0 0
VALERO ENERGY COM 91913Y100 1,114 32,650 SH   SOLE   32,650 0 0
VERIZON COMM COM 92343V104 842 18,048 SH   SOLE   18,048 0 0
WELLS FARGO & CO NEW COM 949746101 503 12,194 SH   SOLE   12,194 0 0
WEYERHAEUSER CO COM 962166104 527 18,430 SH   SOLE   18,430 0 0
XEROX CORP COM 984121103 231 22,534 SH   SOLE   22,534 0 0