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 COM 90130A101 532 18,800 SH   SOLE   18,800 0 0
3M COMPANY COM 88579Y101 2,101 10,092 SH   SOLE   10,092 0 0
ABBOTT LABORATORIES COM 002824100 1,960 40,331 SH   SOLE   40,331 0 0
ABBVIE INC COM 00287Y109 2,686 37,045 SH   SOLE   37,045 0 0
ADVANSIX INC COM 00773T101 2,440 78,126 SH   SOLE   78,126 0 0
AGILENT TECHNOLOGIES COM 00846U101 2,995 50,501 SH   SOLE   50,501 0 0
AGNICO-EAGLE MINES COM 008474108 212 4,700 SH   SOLE   4,700 0 0
AIR PRODUCTS & CHEMICALS COM 009158106 3,848 26,902 SH   SOLE   26,902 0 0
ALBANY INT'L COM 012348108 1,412 26,450 SH   SOLE   26,450 0 0
ALEXANDER & BALDWIN COM 014491104 231 5,600 SH   SOLE   5,600 0 0
ALLEGHENY TECH COM 01741R102 523 30,800 SH   SOLE   30,800 0 0
ALLEGION PUBLIC COM G0176J109 642 7,915 SH   SOLE   7,915 0 0
AMER ELECTRIC PWR COM 025537101 322 4,640 SH   SOLE   4,640 0 0
AMERICAN EXPRESS COM 025816109 1,083 12,860 SH   SOLE   12,860 0 0
AMERICAN STATES WATER COM 029899101 369 7,800 SH   SOLE   7,800 0 0
AMERITRADE HLDNG CORP COM 87236Y108 526 12,250 SH   SOLE   12,250 0 0
AMGEN COM 031162100 272 1,580 SH   SOLE   1,580 0 0
ANADARKO PETROLEUM CORP COM 032511107 271 5,988 SH   SOLE   5,988 0 0
ANALOG DEVICES COM 032654105 1,041 13,384 SH   SOLE   13,384 0 0
ANGLOGOLD COM 035128206 211 21,740 SH   SOLE   21,740 0 0
APPLE COM 037833100 1,603 11,132 SH   SOLE   11,132 0 0
APPLIED INDL COM 03820C105 1,216 20,600 SH   SOLE   20,600 0 0
APPLIED MATERIALS COM 038222105 1,007 24,400 SH   SOLE   24,400 0 0
ARTESIAN RES CORP COM 043113208 427 11,350 SH   SOLE   11,350 0 0
ASHLAND COM 044209104 210 3,200 SH   SOLE   3,200 0 0
ASTRAZENECA PLC COM 046353108 269 7,900 SH   SOLE   7,900 0 0
ATMOS ENERGY COM 049560105 1,109 13,376 SH   SOLE   13,376 0 0
AUTO DATA PROCESSING COM 053015103 3,457 33,749 SH   SOLE   33,749 0 0
AVERY DENNISON COM 053611109 247 2,800 SH   SOLE   2,800 0 0
AVNET COM 053807103 1,579 40,625 SH   SOLE   40,625 0 0
BAKER HUGHES COM 057224107 231 4,250 SH   SOLE   4,250 0 0
BANCORP SOUTH COM 059692103 297 9,758 SH   SOLE   9,758 0 0
BANK OF NEW YORK COM 064058100 724 14,200 SH   SOLE   14,200 0 0
BARNES GROUP COM 067806109 204 3,500 SH   SOLE   3,500 0 0
BECTON DICKINSON & CO COM 075887109 222 1,140 SH   SOLE   1,140 0 0
BLACK HILLS CORP COM 092113109 206 3,068 SH   SOLE   3,068 0 0
BP PLC COM 055622104 339 9,784 SH   SOLE   9,784 0 0
BRISTOL MYERS SQUIBB COM 110122108 1,105 19,833 SH   SOLE   19,833 0 0
BROADRIDGE FINANCIAL COM 11133T103 2,529 33,475 SH   SOLE   33,475 0 0
BROCADE COMMUNS COM 111621306 335 26,600 SH   SOLE   26,600 0 0
BROWN FORMAN COM 115637209 2,360 48,560 SH   SOLE   48,560 0 0
BUNGE COM G16962105 1,595 21,391 SH   SOLE   21,391 0 0
CALAVO GROWERS COM 128246105 676 9,800 SH   SOLE   9,800 0 0
CASEYS GENERAL STORES COM 147528103 1,425 13,308 SH   SOLE   13,308 0 0
CATERPILLAR COM 149123101 1,011 9,413 SH   SOLE   9,413 0 0
CDK GLOBAL HOLDINGS COM 12508E101 745 12,010 SH   SOLE   12,010 0 0
CELANESE COM 150870103 1,329 14,000 SH   SOLE   14,000 0 0
CHESAPEAKE UTIL COM 165303108 1,916 25,576 SH   SOLE   25,576 0 0
CHEVRONTEXACO COM 166764100 3,198 30,660 SH   SOLE   30,660 0 0
CHUBB CORPORATION COM 171232101 1,195 8,224 SH   SOLE   8,224 0 0
CIMAREX ENERGY COM 171798101 235 2,500 SH   SOLE   2,500 0 0
CINTAS COM 172908105 1,027 8,151 SH   SOLE   8,151 0 0
COCA-COLA COMPANY COM 191216100 1,485 33,128 SH   SOLE   33,128 0 0
COLGATE-PALMOLIVE COM 194162103 207 2,800 SH   SOLE   2,800 0 0
COMERICA COM 200340107 363 4,966 SH   SOLE   4,966 0 0
CONDUENT INC COM 206787103 161 10,106 SH   SOLE   10,106 0 0
CONOCOPHILLIPS COM 20825C104 854 19,448 SH   SOLE   19,448 0 0
CORNING COM 219350105 794 26,425 SH   SOLE   26,425 0 0
COSTCO WHOLSALE COM 22160K105 1,026 6,416 SH   SOLE   6,416 0 0
CREE INC COM 225447101 303 12,300 SH   SOLE   12,300 0 0
CSX CORP COM 126408103 540 9,900 SH   SOLE   9,900 0 0
CULLEN FROST BANKERS COM 229899109 328 3,500 SH   SOLE   3,500 0 0
DARDEN RESTURANTS COM 237194105 1,971 21,800 SH   SOLE   21,800 0 0
DEERE & CO COM 244199105 1,452 11,750 SH   SOLE   11,750 0 0
DENNYS CORP COM 24869P104 264 22,500 SH   SOLE   22,500 0 0
DIAMOND OFFSHR DRILLING COM 25271C102 126 11,716 SH   SOLE   11,716 0 0
DISNEY WALT HOLDING COM 254687106 2,026 19,073 SH   SOLE   19,073 0 0
DOMINION RESOURCES COM 25746U109 965 12,600 SH   SOLE   12,600 0 0
DOVER CORPORATION COM 260003108 772 9,625 SH   SOLE   9,625 0 0
DR PEPPER SNAPPLE COM 26138E109 756 8,300 SH   SOLE   8,300 0 0
DU PONT COM 263534109 864 10,712 SH   SOLE   10,712 0 0
DUKE ENERGY CORPORATION COM 26441C105 830 9,938 SH   SOLE   9,938 0 0
EATON CORPORATION COM 278058102 817 10,502 SH   SOLE   10,502 0 0
EMERSON ELECTRIC COM 291011104 3,161 53,025 SH   SOLE   53,025 0 0
ENBRIDGE COM 29250N105 884 22,221 SH   SOLE   22,221 0 0
EXXON MOBIL COM 30231G102 5,019 62,182 SH   SOLE   62,182 0 0
FERRO CORP COM 315405100 324 17,726 SH   SOLE   17,726 0 0
FIDELITY NATL INFO SVCS COM 31620M106 1,997 23,393 SH   SOLE   23,393 0 0
FLUOR CORPORATION COM 343412102 466 10,200 SH   SOLE   10,200 0 0
FORD MOTOR COMPANY COM 345370860 321 28,750 SH   SOLE   28,750 0 0
FRANKLIN ELEC CO COM 353514102 869 21,000 SH   SOLE   21,000 0 0
GAP COM 364760108 1,085 49,350 SH   SOLE   49,350 0 0
GENERAL MILLS COM 370334104 1,759 31,765 SH   SOLE   31,765 0 0
GENUINE PARTS CO COM 372460105 552 5,960 SH   SOLE   5,960 0 0
GOLDCORP INC COM 380956409 138 10,700 SH   SOLE   10,700 0 0
GOLDEN STAR RES COM 38119T104 12 19,500 SH   SOLE   19,500 0 0
GOODYEAR TIRE & RUBBER COM 382550101 811 23,200 SH   SOLE   23,200 0 0
GOOGLE COM 38259P508 496 534 SH   SOLE   534 0 0
GORMAN-RUPP COM 383082104 1,812 71,181 SH   SOLE   71,181 0 0
GRAINGER WW COM 384802104 4,484 24,841 SH   SOLE   24,841 0 0
HALLIBURTON COMPANY COM 406216101 372 8,733 SH   SOLE   8,733 0 0
HECLA MINING COM 422704106 63 12,500 SH   SOLE   12,500 0 0
HELMERICH & PAYNE COM 423452101 874 16,100 SH   SOLE   16,100 0 0
HERSHEY FOODS COM 427866108 4,356 40,574 SH   SOLE   40,574 0 0
HOME DEPOT COM 437076102 1,383 9,018 SH   SOLE   9,018 0 0
HONEYWELL COM 438516106 1,479 11,097 SH   SOLE   11,097 0 0
HUNTINGTON BANCSHARES COM 446150104 353 26,126 SH   SOLE   26,126 0 0
IAMGOLD CORPORATION COM 450913108 81 15,760 SH   SOLE   15,760 0 0
INGERSOLL-RAND COMPANY COM G47791101 2,336 25,570 SH   SOLE   25,570 0 0
INGEVITY CORP COM 45688C107 515 8,974 SH   SOLE   8,974 0 0
INTEL COM 458140100 416 12,358 SH   SOLE   12,358 0 0
INTERCONTINENTAL EXCHANGE COM 45866F104 395 6,000 SH   SOLE   6,000 0 0
INTERNATIONAL PAPER COM 460146103 428 7,575 SH   SOLE   7,575 0 0
INTEVAC COM 461148108 251 22,700 SH   SOLE   22,700 0 0
INTL BUSINESS MACHINES COM 459200101 440 2,866 SH   SOLE   2,866 0 0
INTL FLAVOR & FRAGRANCES COM 459506101 4,016 29,751 SH   SOLE   29,751 0 0
JOHNSON & JOHNSON COM 478160104 4,274 32,314 SH   SOLE   32,314 0 0
KANSAS CITY SOUTHERN COM 485170302 502 4,800 SH   SOLE   4,800 0 0
KELLOGG COMPANY COM 487836108 205 2,960 SH   SOLE   2,960 0 0
KEYCORP COM 493267108 301 16,091 SH   SOLE   16,091 0 0
KEYSIGHT TECHNOLOGIES COM 49338L103 1,072 27,549 SH   SOLE   27,549 0 0
KIMBERLY-CLARK COM 494368103 3,098 24,002 SH   SOLE   24,002 0 0
KINROSS GOLD CORP COM 496902404 157 38,773 SH   SOLE   38,773 0 0
KIRBY CORP COM 497266106 1,270 19,004 SH   SOLE   19,004 0 0
LAUDER ESTEE COM 518439104 1,403 14,622 SH   SOLE   14,622 0 0
LOWES COMPANIES COM 548661107 1,023 13,204 SH   SOLE   13,204 0 0
MARATHON OIL COM 565849106 194 16,380 SH   SOLE   16,380 0 0
MARATHON PETE CORP COM 56585A102 470 8,988 SH   SOLE   8,988 0 0
MASTERCARD COM 57636Q104 3,616 29,781 SH   SOLE   29,781 0 0
MC CORMICK & CO COM 579780206 2,161 22,165 SH   SOLE   22,165 0 0
MERCK & CO INC COM 58933Y105 692 10,804 SH   SOLE   10,804 0 0
MEREDITH COM 589433101 505 8,500 SH   SOLE   8,500 0 0
METLIFE COM 59156R108 1,456 26,507 SH   SOLE   26,507 0 0
MICRON TECHNOLOGIES COM 595112103 751 25,176 SH   SOLE   25,176 0 0
MICROSOFT COM 594918104 2,098 30,451 SH   SOLE   30,451 0 0
MIDDLEBY CORP COM 596278101 3,007 24,750 SH   SOLE   24,750 0 0
MINE SAFTEY APPLIANCE COM 553498106 1,452 17,900 SH   SOLE   17,900 0 0
MUELLER WATER PRODUCTS COM 624758108 221 19,000 SH   SOLE   19,000 0 0
MURPHY OIL COM 626717102 823 32,130 SH   SOLE   32,130 0 0
MURPHY USA COM 626755102 660 8,908 SH   SOLE   8,908 0 0
NEENAH PAPER COM 640079109 1,743 21,726 SH   SOLE   21,726 0 0
NEWMONT MINING COM 651639106 927 28,626 SH   SOLE   28,626 0 0
NEXTERA ENERGY COM 65339F101 200 1,430 SH   SOLE   1,430 0 0
NO EUROPEAN OIL TR COM 659310106 213 31,569 SH   SOLE   31,569 0 0
NOBLE ENERGY COM 655044105 389 13,766 SH   SOLE   13,766 0 0
NORFOLK SOUTHERN COM 655844108 1,398 11,490 SH   SOLE   11,490 0 0
NORTHERN TRUST COM 665859104 1,407 14,483 SH   SOLE   14,483 0 0
NUVEEN TX COM 670983105 246 17,300 SH   SOLE   17,300 0 0
OCCIDENTAL PETE CORP COM 674599105 234 3,918 SH   SOLE   3,918 0 0
OLIN CORP COM 680665205 1,894 62,550 SH   SOLE   62,550 0 0
ONE GAS INC COM 68235P108 344 4,933 SH   SOLE   4,933 0 0
ONEOK COM 682680103 1,053 20,204 SH   SOLE   20,204 0 0
PACCAR COM 693718108 376 5,700 SH   SOLE   5,700 0 0
PANERA BREAD COM 69840W108 2,644 8,405 SH   SOLE   8,405 0 0
PARK NATIONAL CORP COM 700658107 223 2,150 SH   SOLE   2,150 0 0
PARKER-HANNIFIN COM 701094104 687 4,300 SH   SOLE   4,300 0 0
PDL BIOPHARMA COM 69329Y104 25 10,200 SH   SOLE   10,200 0 0
PENSKE AUTOMOTIVE COM 70959W103 425 9,700 SH   SOLE   9,700 0 0
PEPSICO INCORPORATED COM 713448108 4,336 37,546 SH   SOLE   37,546 0 0
PERMIAN BASIN ROYALTY TR COM 714236106 173 19,900 SH   SOLE   19,900 0 0
PETROLEO BRASILERIO COM 71654V408 86 10,875 SH   SOLE   10,875 0 0
PFIZER INC COM 717081103 514 15,310 SH   SOLE   15,310 0 0
PHILLIPS 66 COM 718546104 511 6,186 SH   SOLE   6,186 0 0
PIONEER NATURAL COM 723787107 231 1,450 SH   SOLE   1,450 0 0
PNC BANK CORP COM 693475105 267 2,146 SH   SOLE   2,146 0 0
POTASH CORP SASK COM 73755L107 342 21,000 SH   SOLE   21,000 0 0
PRAXAIR COM 74005P104 4,876 36,792 SH   SOLE   36,792 0 0
PROS HOLDING COM 74346Y103 271 9,900 SH   SOLE   9,900 0 0
REGIONS FINANCIAL COM 7591EP100 191 13,084 SH   SOLE   13,084 0 0
RICHMONT MINES COM 76547T106 331 42,500 SH   SOLE   42,500 0 0
ROWAN COMPANIES COM 779382100 1,040 101,629 SH   SOLE   101,629 0 0
ROYAL HAWAIIAN ORCHARD COM 78028T100 20 10,000 SH   SOLE   10,000 0 0
SCHLUMBERGER COM 806857108 994 15,103 SH   SOLE   15,103 0 0
SHERWIN WILLIAMS COM 824348106 456 1,300 SH   SOLE   1,300 0 0
SOLITARIO EXPLORATION COM 8342EP107 136 203,000 SH   SOLE   203,000 0 0
SONOCO PRODUCTS COM 835495102 1,669 32,476 SH   SOLE   32,476 0 0
SOUTHWEST AIRLINES COM 844741108 322 5,193 SH   SOLE   5,193 0 0
SPIRE COM 84857L101 976 14,000 SH   SOLE   14,000 0 0
STANLEY BLACK & DECKER COM 854502101 987 7,020 SH   SOLE   7,020 0 0
STARBUCKS COM 855244109 5,910 101,369 SH   SOLE   101,369 0 0
STEIN MART COM 858375108 19 11,800 SH   SOLE   11,800 0 0
STERIS COM 859152100 1,293 15,876 SH   SOLE   15,876 0 0
STRYKER CORP COM 863667101 804 5,800 SH   SOLE   5,800 0 0
SYSCO CORP COM 871829107 2,964 58,906 SH   SOLE   58,906 0 0
TESORO CORPORATION COM 881609101 795 8,500 SH   SOLE   8,500 0 0
TEXAS INSTRUMENTS COM 882508104 3,065 39,851 SH   SOLE   39,851 0 0
TIMKEN COMPANY COM 887389104 1,179 25,500 SH   SOLE   25,500 0 0
TIMKENSTEEL CORP COM 887399103 178 11,600 SH   SOLE   11,600 0 0
TRACTOR SUPPLY COM 892356106 2,526 46,615 SH   SOLE   46,615 0 0
TRANSOCEAN COM H8817H100 212 25,872 SH   SOLE   25,872 0 0
TWENTY FIRST CENTURY FOX COM 90130A200 228 8,200 SH   SOLE   8,200 0 0
UNION PACIFIC COM 907818108 2,202 20,226 SH   SOLE   20,226 0 0
UNITED TECHNOLOGIES COM 913017109 981 8,040 SH   SOLE   8,040 0 0
US BANCORP DEL COM 902973304 290 5,600 SH   SOLE   5,600 0 0
VALERO ENERGY COM 91913Y100 1,689 25,050 SH   SOLE   25,050 0 0
VALVOLINE COM 92047W101 208 8,784 SH   SOLE   8,784 0 0
VERIZON COM 92343V104 710 15,920 SH   SOLE   15,920 0 0
VERSUM MATLS COM 92532W103 2,148 66,115 SH   SOLE   66,115 0 0
WELLS FARGO & CO COM 949746101 512 9,242 SH   SOLE   9,242 0 0
WESTROCK CO COM 96145D105 2,953 52,123 SH   SOLE   52,123 0 0
XEROX COM 984121103 362 12,633 SH   SOLE   12,633 0 0
YAMANA GOLD COM 98462Y100 25 10,380 SH   SOLE   10,380 0 0
ZIONS BANCORPORATION COM 989701107 250 5,700 SH   SOLE   5,700 0 0