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
GRAINGER WW INC COM 384802104 6,668 22,161 SH   SOLE   6,668 0 0
STARBUCKS CORP COM 855244109 6,564 88,299 SH   SOLE   6,564 0 0
MASTERCARD INC COM 57636Q104 6,376 27,081 SH   SOLE   6,376 0 0
LINDE PLC COM COM G5494J103 5,762 32,752 SH   SOLE   5,762 0 0
EXXON MOBIL CORP COM 30231G102 5,000 61,882 SH   SOLE   5,000 0 0
AUTO DATA PROCESSING COM 053015103 4,740 29,674 SH   SOLE   4,740 0 0
AIR PRODUCTS & CHEMICALS COM 009158106 4,586 24,017 SH   SOLE   4,586 0 0
HERSHEY FOODS CORP COM 427866108 4,171 36,330 SH   SOLE   4,171 0 0
CHEVRONTEXACO CORP COM 166764100 4,156 33,741 SH   SOLE   4,156 0 0
JOHNSON & JOHNSON COM 478160104 4,085 29,223 SH   SOLE   4,085 0 0
PEPSICO INCORPORATED COM 713448108 4,049 33,047 SH   SOLE   4,049 0 0
TRACTOR SUPPLY COMPANY COM 892356106 3,987 40,790 SH   SOLE   3,987 0 0
TEXAS INSTRUMENTS INC COM 882508104 3,733 35,201 SH   SOLE   3,733 0 0
AGILENT TECHNOLOGIES COM 00846U101 3,552 44,201 SH   SOLE   3,552 0 0
SYSCO CORP. COM 871829107 3,400 50,931 SH   SOLE   3,400 0 0
INTL FLAVOR & FRAGRANCES COM 459506101 3,387 26,301 SH   SOLE   3,387 0 0
EMERSON ELECTRIC COM 291011104 3,254 47,530 SH   SOLE   3,254 0 0
MC CORMICK & CO NEW VT COM 579780206 3,233 21,465 SH   SOLE   3,233 0 0
UNION PACIFIC CORP COM 907818108 3,135 18,751 SH   SOLE   3,135 0 0
MICROSOFT CORP COM 594918104 3,052 25,881 SH   SOLE   3,052 0 0
VERSUM MATLS INC COM COM 92532W103 2,958 58,815 SH   SOLE   2,958 0 0
BROADRIDGE FINANCIAL COM 11133T103 2,867 27,650 SH   SOLE   2,867 0 0
ABBOTT LABORATORIES COM 002824100 2,859 35,772 SH   SOLE   2,859 0 0
BROWN FORMAN CORP CL B COM 115637209 2,826 53,551 SH   SOLE   2,826 0 0
DISNEY WALT HOLDING CO COM 254687106 2,772 24,972 SH   SOLE   2,772 0 0
KIMBERLY-CLARK CORP COM 494368103 2,729 22,027 SH   SOLE   2,729 0 0
INGERSOLL-RAND COMPANY COM G47791101 2,602 24,110 SH   SOLE   2,602 0 0
MIDDLEBY CORP THE COM 596278101 2,551 19,625 SH   SOLE   2,551 0 0
SONOCO PRODUCTS INC COM 835495102 2,539 41,275 SH   SOLE   2,539 0 0
ABBVIE INC COM COM 00287Y109 2,529 31,390 SH   SOLE   2,529 0 0
FIDELITY NATL INFO SVCS COM 31620M106 2,485 21,973 SH   SOLE   2,485 0 0
DARDEN RESTURANTS INC COM 237194105 2,435 20,050 SH   SOLE   2,435 0 0
LAUDER ESTEE CORP CL A COM 518439104 2,321 14,022 SH   SOLE   2,321 0 0
KEYSIGHT TECHNOLOGIES INC COM COM 49338L103 2,203 25,274 SH   SOLE   2,203 0 0
CHESAPEAKE UTIL CORP COM 165303108 2,145 23,526 SH   SOLE   2,145 0 0
GORMAN-RUPP CO COM COM 383082104 2,122 62,548 SH   SOLE   2,122 0 0
APPLE, INC COM 037833100 2,092 11,015 SH   SOLE   2,092 0 0
ADVANSIX INC COM COM 00773T101 2,029 71,026 SH   SOLE   2,029 0 0
3M COMPANY COM 88579Y101 1,887 9,085 SH   SOLE   1,887 0 0
NORFOLK SOUTHERN CORP COM 655844108 1,879 10,055 SH   SOLE   1,879 0 0
WESTROCK CO COM COM 96145D105 1,847 48,181 SH   SOLE   1,847 0 0
DEERE & CO COM 244199105 1,766 11,050 SH   SOLE   1,766 0 0
KIRBY CORP COM 497266106 1,730 23,033 SH   SOLE   1,730 0 0
STERIS PLC COM 859152100 1,680 13,126 SH   SOLE   1,680 0 0
ALBANY INT'L CORP. COM 012348108 1,675 23,400 SH   SOLE   1,675 0 0
VALERO ENERGY COM 91913Y100 1,649 19,450 SH   SOLE   1,649 0 0
HOME DEPOT INC COM 437076102 1,601 8,348 SH   SOLE   1,601 0 0
EATON CORPORATION COM 278058102 1,580 19,621 SH   SOLE   1,580 0 0
HONEYWELL INC. COM 438516106 1,564 9,847 SH   SOLE   1,564 0 0
AVNET INC COM 053807103 1,562 36,025 SH   SOLE   1,562 0 0
MINE SAFTEY APPLIANCE CO COM 553498106 1,556 15,050 SH   SOLE   1,556 0 0
GENERAL MILLS INC COM 370334104 1,536 29,690 SH   SOLE   1,536 0 0
CASEYS GENERAL STORES INC COM 147528103 1,520 11,805 SH   SOLE   1,520 0 0
CINTAS CORP COM 172908105 1,505 7,451 SH   SOLE   1,505 0 0
COCA-COLA COMPANY COM 191216100 1,477 31,528 SH   SOLE   1,477 0 0
BUNGE COM G16962105 1,461 27,541 SH   SOLE   1,461 0 0
COSTCO WHOLSALE CORP NEW COM 22160K105 1,438 5,941 SH   SOLE   1,438 0 0
DOWDUPONT INC COM COM 26078J100 1,411 26,472 SH   SOLE   1,411 0 0
APPLIED INDL. TECH. COM 03820C105 1,373 23,100 SH   SOLE   1,373 0 0
OLIN CORP NEW COM 680665205 1,352 58,450 SH   SOLE   1,352 0 0
LOWES COMPANIES INC COM 548661107 1,335 12,204 SH   SOLE   1,335 0 0
PHILLIPS 66 COM COM 718546104 1,327 13,950 SH   SOLE   1,327 0 0
ANALOG DEVICES INC COM 032654105 1,314 12,484 SH   SOLE   1,314 0 0
AMERICAN EXPRESS CO. COM 025816109 1,306 11,950 SH   SOLE   1,306 0 0
PARKER-HANNIFIN CORP COM 701094104 1,304 7,600 SH   SOLE   1,304 0 0
NEENAH PAPER INC COM 640079109 1,295 20,126 SH   SOLE   1,295 0 0
ONEOK, INC COM 682680103 1,288 18,449 SH   SOLE   1,288 0 0
CELANESE CORP. COM 150870103 1,281 13,000 SH   SOLE   1,281 0 0
ATMOS ENERGY CORP COM 049560105 1,279 12,426 SH   SOLE   1,279 0 0
MARATHON PETE CORP COM COM 56585A102 1,246 20,823 SH   SOLE   1,246 0 0
GOODYEAR TIRE & RUBBER COM 382550101 1,217 67,090 SH   SOLE   1,217 0 0
NORTHERN TRUST CORP COM 665859104 1,200 13,283 SH   SOLE   1,200 0 0
CATERPILLAR INC COM 149123101 1,131 8,353 SH   SOLE   1,131 0 0
CONOCOPHILLIPS COM 20825C104 1,125 16,862 SH   SOLE   1,125 0 0
GAP INC COM 364760108 1,111 42,450 SH   SOLE   1,111 0 0
OWENS ILLINOIS INC NEW COM 690768403 1,107 58,350 SH   SOLE   1,107 0 0
SPIRE COM 84857L101 1,069 13,000 SH   SOLE   1,069 0 0
TIMKEN COMPANY COM 887389104 1,055 24,200 SH   SOLE   1,055 0 0
STRYKER CORP COM 863667101 1,027 5,200 SH   SOLE   1,027 0 0
FRANKLIN ELEC CO INC COM 353514102 1,011 19,800 SH   SOLE   1,011 0 0
NEWMONT MINING COM 651639106 984 27,526 SH   SOLE   984 0 0
CHUBB CORPORATION COM 171232101 980 7,002 SH   SOLE   980 0 0
ROWAN COMPANIES COM 779382100 970 89,929 SH   SOLE   970 0 0
DOMINION RESOURCES INC. COM 25746U109 967 12,620 SH   SOLE   967 0 0
METLIFE INC COM 59156R108 965 22,682 SH   SOLE   965 0 0
UNITED TECHNOLOGIES CORP COM 913017109 948 7,357 SH   SOLE   948 0 0
VERIZON COMM COM 92343V104 941 15,918 SH   SOLE   941 0 0
STANLEY BLACK & DECKER INC. COM 854502101 938 6,890 SH   SOLE   938 0 0
MURPHY OIL CORP COM 626717102 898 30,670 SH   SOLE   898 0 0
INGEVITY CORP COM COM 45688C107 895 8,481 SH   SOLE   895 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 869 18,233 SH   SOLE   869 0 0
DOVER CORPORATION COM 260003108 865 9,225 SH   SOLE   865 0 0
CORNING INC. COM 219350105 841 25,425 SH   SOLE   841 0 0
APPLIED MATERIALS INC COM 038222105 834 21,050 SH   SOLE   834 0 0
HELMERICH & PAYNE INC COM 423452101 833 15,000 SH   SOLE   833 0 0
MERCK & CO INC COM 58933Y105 829 9,972 SH   SOLE   829 0 0
CALAVO GROWERS INC COM 128246105 813 9,700 SH   SOLE   813 0 0
BRIGHTHOUSE FINL INC COM COM 10922N103 788 21,736 SH   SOLE   788 0 0
DUKE ENERGY CORPORATION COM 26441C105 779 8,659 SH   SOLE   779 0 0
ENBRIDGE INC. COM 29250N105 750 20,692 SH   SOLE   750 0 0
CSX CORP COM 126408103 740 9,900 SH   SOLE   740 0 0
ALLEGHENY TECH INC COM 01741R102 736 28,800 SH   SOLE   736 0 0
MURPHY USA INC. COM 626755102 735 8,593 SH   SOLE   735 0 0
BANK OF NEW YORK CO INC COM 064058100 678 13,450 SH   SOLE   678 0 0
ALLEGION PUBLIC LTD. CO. COM G0176J109 672 7,418 SH   SOLE   672 0 0
CDK GLOBAL HOLDINGS LLC COM COM 12508E101 655 11,137 SH   SOLE   655 0 0
CREE INC COM 225447101 640 11,200 SH   SOLE   640 0 0
SCHLUMBERGER LTD F COM 806857108 615 14,130 SH   SOLE   615 0 0
GENUINE PARTS CO COM COM 372460105 611 5,460 SH   SOLE   611 0 0
INTEL COM 458140100 592 11,038 SH   SOLE   592 0 0
AMERITRADE HLDNG CORP CL A COM 87236Y108 587 11,750 SH   SOLE   587 0 0
PFIZER INC COM 717081103 572 13,469 SH   SOLE   572 0 0
KANSAS CITY SOUTHERN NEW COM 485170302 556 4,800 SH   SOLE   556 0 0
AMERICAN STATES WATER CO COM 029899101 499 7,000 SH   SOLE   499 0 0
SHERWIN WILLIAMS CO COM 824348106 473 1,100 SH   SOLE   473 0 0
INTL BUSINESS MACHINES COM 459200101 463 3,286 SH   SOLE   463 0 0
INTERCONTINENTAL EXCHANGE COM 45866F104 456 6,000 SH   SOLE   456 0 0
MEREDITH CORP. COM 589433101 425 7,700 SH   SOLE   425 0 0
DENNYS CORP COM 24869P104 412 22,500 SH   SOLE   412 0 0
ARTESIAN RES CORP CLA COM 043113208 408 10,950 SH   SOLE   408 0 0
BP PLC COM 055622104 407 9,320 SH   SOLE   407 0 0
ONE GAS INC COM COM 68235P108 405 4,558 SH   SOLE   405 0 0
NUTRIEN LTD CO COM COM 67077M108 404 7,660 SH   SOLE   404 0 0
WELLS FARGO & CO NEW COM 949746101 403 8,342 SH   SOLE   403 0 0
PENSKE AUTOMOTIVE GROUP COM 70959W103 392 8,800 SH   SOLE   392 0 0
CAMPBELL SOUP COMPANY COM 134429109 381 10,000 SH   SOLE   381 0 0
XEROX CORP COM 984121103 378 11,833 SH   SOLE   378 0 0
INTERNATIONAL PAPER CO COM 460146103 364 7,875 SH   SOLE   364 0 0
AMER ELECTRIC PWR CO INC COM 025537101 361 4,320 SH   SOLE   361 0 0
PACCAR INC COM 693718108 361 5,300 SH   SOLE   361 0 0
FLUOR CORPORATION COM 343412102 327 8,900 SH   SOLE   327 0 0
COMERICA INC. COM 200340107 322 4,393 SH   SOLE   322 0 0
ASTRAZENECA PLC ADR COM 046353108 319 7,900 SH   SOLE   319 0 0
AEROJET ROCKETDYNE HLDGS INC C OM COM 007800105 309 8,700 SH   SOLE   309 0 0
HESS CORPORATION COM 42809H107 307 5,100 SH   SOLE   307 0 0
AVERY DENNISON CORP COM 053611109 305 2,700 SH   SOLE   305 0 0
FERRO CORP COM 315405100 303 16,026 SH   SOLE   303 0 0
CULLEN FROST BANKERS COM 229899109 300 3,100 SH   SOLE   300 0 0
NOBLE ENERGY INC. COM 655044105 297 12,050 SH   SOLE   297 0 0
LILLY ELI & COMPANY COM 532457108 285 2,203 SH   SOLE   285 0 0
BECTON DICKINSON & CO COM 075887109 284 1,140 SH   SOLE   284 0 0
FARMER BROS. CO. COM 307675108 282 14,100 SH   SOLE   282 0 0
HUNTINGTON BANCSHARES INC COM 446150104 281 22,226 SH   SOLE   281 0 0
NEXTERA ENERGY INC COM 65339F101 276 1,430 SH   SOLE   276 0 0
HALLIBURTON COMPANY COM 406216101 274 9,361 SH   SOLE   274 0 0
MARATHON OIL CO. COM 565849106 273 16,380 SH   SOLE   273 0 0
OCCIDENTAL PETE CORP COM 674599105 272 4,118 SH   SOLE   272 0 0
ROYAL DUTCH SHELL ADR F COM 780259206 270 4,316 SH   SOLE   270 0 0
US BANCORP DEL COM 902973304 269 5,600 SH   SOLE   269 0 0
ANGLOGOLD LTD COM 035128206 269 20,550 SH   SOLE   269 0 0
BANCORP SOUTH CM COM 059692103 268 9,500 SH   SOLE   268 0 0
ANADARKO PETROLEUM CORP COM 032511107 262 5,781 SH   SOLE   262 0 0
AMGEN INC COM 031162100 262 1,380 SH   SOLE   262 0 0
ALAMOS GOLD INC. COM 011532108 254 50,000 SH   SOLE   254 0 0
ASHLAND INC COM 044209104 250 3,200 SH   SOLE   250 0 0
AGNICO-EAGLE MINES LTD COM 008474108 247 5,700 SH   SOLE   247 0 0
PNC BANK CORP COM 693475105 246 2,010 SH   SOLE   246 0 0
KEYCORP COM 493267108 246 15,641 SH   SOLE   246 0 0
HOLLYFRONTIER CORP COM COM 435758305 244 4,956 SH   SOLE   244 0 0
VALVOLINE INC. COM 92047W101 239 12,900 SH   SOLE   239 0 0
STEEL DYNAMICS INC COM 858119100 236 6,700 SH   SOLE   236 0 0
DIAMONDBACK ENERGY COM 25278X109 233 2,301 SH   SOLE   233 0 0
RALPH LAUREN CORP. COM 751212101 233 1,800 SH   SOLE   233 0 0
ZIONS BANCORPORATION COM COM 989701107 231 5,100 SH   SOLE   231 0 0
NUVEEN TX QLTY INCM MUN COM 670983105 231 17,300 SH   SOLE   231 0 0
FORD MOTOR COMPANY COM 345370860 229 26,150 SH   SOLE   229 0 0
BLACK HILLS CORP COM COM 092113109 227 3,068 SH   SOLE   227 0 0
TRANSOCEAN SEDCO FOREX COM H8817H100 225 25,844 SH   SOLE   225 0 0
BARRICK GOLD COM 067901108 224 16,409 SH   SOLE   224 0 0
NO EUROPEAN OIL TR COM 659310106 223 32,300 SH   SOLE   223 0 0
EXPEDITORS INTL WASH COM 302130109 220 2,900 SH   SOLE   220 0 0
PAYPAL HOLDINGS INC. COM 70450Y103 216 2,081 SH   SOLE   216 0 0
PIONEER NATURAL RES CO COM 723787107 213 1,400 SH   SOLE   213 0 0
ALEXANDER & BALDWIN INC COM 014491104 212 8,368 SH   SOLE   212 0 0
KEURIG DR PEPPER INC. COM 49271V100 212 7,600 SH   SOLE   212 0 0
CONNECTICUT WTR SVCS INC COM 207410101 205 3,000 SH   SOLE   205 0 0
IMPERIAL OIL LTD COM 453038408 204 7,500 SH   SOLE   204 0 0
PARK NATIONAL CORP COM 700658107 203 2,150 SH   SOLE   203 0 0
ZOETIS INC. COM 98978V103 201 2,000 SH   SOLE   201 0 0
QUAKER CHEMICAL CORP COM 747316107 200 1,000 SH   SOLE   200 0 0
REGIONS FINANCIAL CP NEW COM 7591EP100 171 12,133 SH   SOLE   171 0 0
MUELLER WATER PRODUCTS COM 624758108 170 17,000 SH   SOLE   170 0 0
PETROLEO BRASILERIO ADRF COM 71654V408 166 10,475 SH   SOLE   166 0 0
ENCANA CORP COM 292505104 156 21,677 SH   SOLE   156 0 0
PERMIAN BASIN ROYALTY TR COM 714236106 149 19,900 SH   SOLE   149 0 0
KINROSS GOLD CORP NEW COM 496902404 136 39,773 SH   SOLE   136 0 0
INTEVAC INC COM 461148108 118 19,400 SH   SOLE   118 0 0
TIMKENSTEEL CORP COM COM 887399103 118 10,950 SH   SOLE   118 0 0
SOLITARIO EXPLORATION COM 8342EP107 83 198,000 SH   SOLE   83 0 0
ENSCO INTERNATIONAL INC COM G3157S106 77 19,700 SH   SOLE   77 0 0
IAMGOLD CORPORATION COM 450913108 58 16,760 SH   SOLE   58 0 0
PDL BIOPHARMA INC COM 69329Y104 37 10,000 SH   SOLE   37 0 0
NABORS INDUSTRIES INC COM G6359F103 34 10,100 SH   SOLE   34 0 0
HECLA MINING COM 422704106 28 12,500 SH   SOLE   28 0 0
YAMANA GOLD INC COM 98462Y100 28 11,000 SH   SOLE   28 0 0
STEIN MART INC COM 858375108 10 10,800 SH   SOLE   10 0 0
PERRIGO CO COM G97822103 223 4,650 SH   SOLE   223 0 0