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
STARBUCKS CORP COM 855244109 9,362 85,679 SH   SOLE   9,362 0 0
LINDE PLC COM COM G5494J103 8,627 30,798 SH   SOLE   8,627 0 0
GRAINGER WW INC COM 384802104 8,217 20,497 SH   SOLE   8,217 0 0
MASTERCARD INC COM 57636Q104 8,182 22,981 SH   SOLE   8,182 0 0
TRACTOR SUPPLY COMPANY COM 892356106 6,777 38,272 SH   SOLE   6,777 0 0
AIR PRODUCTS & CHEMICALS COM 009158106 6,370 22,644 SH   SOLE   6,370 0 0
TEXAS INSTRUMENTS INC COM 882508104 5,949 31,479 SH   SOLE   5,949 0 0
AGILENT TECHNOLOGIES COM 00846U101 5,787 45,524 SH   SOLE   5,787 0 0
MICROSOFT CORP COM 594918104 5,421 22,994 SH   SOLE   5,421 0 0
AUTO DATA PROCESSING COM 053015103 5,355 28,417 SH   SOLE   5,355 0 0
HERSHEY FOODS CORP COM 427866108 5,114 32,339 SH   SOLE   5,114 0 0
CHEVRONTEXACO CORP COM 166764100 5,000 47,717 SH   SOLE   5,000 0 0
DEERE & CO COM 244199105 4,917 13,143 SH   SOLE   4,917 0 0
EXXON MOBIL CORP COM 30231G102 4,848 86,836 SH   SOLE   4,848 0 0
DISNEY WALT HOLDING CO COM 254687106 4,620 25,040 SH   SOLE   4,620 0 0
APPLE, INC COM 037833100 4,542 37,190 SH   SOLE   4,542 0 0
JOHNSON & JOHNSON COM 478160104 4,357 26,511 SH   SOLE   4,357 0 0
PEPSICO INCORPORATED COM 713448108 4,271 30,200 SH   SOLE   4,271 0 0
ABBOTT LABORATORIES COM 002824100 4,058 33,867 SH   SOLE   4,058 0 0
LAUDER ESTEE CORP CL A COM 518439104 4,009 13,787 SH   SOLE   4,009 0 0
EMERSON ELECTRIC COM 291011104 3,977 44,088 SH   SOLE   3,977 0 0
UNION PACIFIC CORP COM 907818108 3,848 17,461 SH   SOLE   3,848 0 0
TRANE TECHNOLOGIES PLC COM G8994E103 3,725 22,503 SH   SOLE   3,725 0 0
MC CORMICK & CO NEW VT COM 579780206 3,631 40,730 SH   SOLE   3,631 0 0
SYSCO CORP. COM 871829107 3,571 45,359 SH   SOLE   3,571 0 0
KEYSIGHT TECHNOLOGIES INC COM COM 49338L103 3,541 24,694 SH   SOLE   3,541 0 0
BROWN FORMAN CORP CL B COM 115637209 3,449 50,019 SH   SOLE   3,449 0 0
BROADRIDGE FINANCIAL COM 11133T103 3,428 22,396 SH   SOLE   3,428 0 0
INTL FLAVOR & FRAGRANCES COM 459506101 3,249 23,274 SH   SOLE   3,249 0 0
ABBVIE INC COM COM 00287Y109 3,215 29,712 SH   SOLE   3,215 0 0
DOW CHEMICAL COM 260557103 3,155 49,351 SH   SOLE   3,155 0 0
OLIN CORP NEW COM 680665205 3,102 81,700 SH   SOLE   3,102 0 0
MIDDLEBY CORP THE COM 596278101 3,091 18,650 SH   SOLE   3,091 0 0
KIMBERLY-CLARK CORP COM 494368103 3,010 21,649 SH   SOLE   3,010 0 0
FIDELITY NATL INFO SVCS COM 31620M106 2,868 20,401 SH   SOLE   2,868 0 0
APPLIED MATERIALS INC COM 038222105 2,802 20,975 SH   SOLE   2,802 0 0
HOME DEPOT INC COM 437076102 2,735 8,960 SH   SOLE   2,735 0 0
SONOCO PRODUCTS INC COM 835495102 2,683 42,390 SH   SOLE   2,683 0 0
EATON CORPORATION COM 278058102 2,619 18,943 SH   SOLE   2,619 0 0
WESTROCK CO COM COM 96145D105 2,601 49,974 SH   SOLE   2,601 0 0
DARDEN RESTURANTS INC COM 237194105 2,538 17,875 SH   SOLE   2,538 0 0
NORFOLK SOUTHERN CORP COM 655844108 2,461 9,168 SH   SOLE   2,461 0 0
CHESAPEAKE UTIL CORP COM 165303108 2,461 21,202 SH   SOLE   2,461 0 0
STERIS PLC COM 859152100 2,428 12,750 SH   SOLE   2,428 0 0
BUNGE COM G16962105 2,287 28,862 SH   SOLE   2,287 0 0
CASEYS GENERAL STORES INC COM 147528103 2,285 10,574 SH   SOLE   2,285 0 0
GORMAN-RUPP CO COM COM 383082104 2,261 68,303 SH   SOLE   2,261 0 0
HONEYWELL INC. COM 438516106 2,246 10,347 SH   SOLE   2,246 0 0
PARKER-HANNIFIN CORP COM 701094104 2,215 7,025 SH   SOLE   2,215 0 0
CINTAS CORP COM 172908105 2,124 6,226 SH   SOLE   2,124 0 0
MINE SAFTEY APPLIANCE CO COM 553498106 2,077 13,850 SH   SOLE   2,077 0 0
ANALOG DEVICES INC COM 032654105 2,033 13,112 SH   SOLE   2,033 0 0
APPLIED INDL. TECH. COM 03820C105 1,987 21,800 SH   SOLE   1,987 0 0
LOWES COMPANIES INC COM 548661107 1,980 10,415 SH   SOLE   1,980 0 0
COSTCO WHOLSALE CORP NEW COM 22160K105 1,979 5,616 SH   SOLE   1,979 0 0
CATERPILLAR INC COM 149123101 1,913 8,253 SH   SOLE   1,913 0 0
TIMKEN COMPANY COM 887389104 1,907 23,500 SH   SOLE   1,907 0 0
ADVANSIX INC COM COM 00773T101 1,862 69,426 SH   SOLE   1,862 0 0
CELANESE CORP. COM 150870103 1,850 12,350 SH   SOLE   1,850 0 0
ALBANY INT'L CORP. COM 012348108 1,844 22,100 SH   SOLE   1,844 0 0
NEWMONT GOLDCORP COM 651639106 1,777 29,499 SH   SOLE   1,777 0 0
COCA-COLA COMPANY COM 191216100 1,773 33,652 SH   SOLE   1,773 0 0
AMERICAN EXPRESS CO. COM 025816109 1,683 11,900 SH   SOLE   1,683 0 0
GENERAL MILLS INC COM 370334104 1,674 27,307 SH   SOLE   1,674 0 0
3M COMPANY COM 88579Y101 1,546 8,025 SH   SOLE   1,546 0 0
KIRBY CORP COM 497266106 1,490 24,722 SH   SOLE   1,490 0 0
DU PONT E I DE NEMOUR&CO COM 263534109 1,468 18,999 SH   SOLE   1,468 0 0
FRANKLIN ELEC CO INC COM 353514102 1,460 18,500 SH   SOLE   1,460 0 0
NORTHERN TRUST CORP COM 665859104 1,371 13,050 SH   SOLE   1,371 0 0
GOODYEAR TIRE & RUBBER COM 382550101 1,338 76,167 SH   SOLE   1,338 0 0
KANSAS CITY SOUTHERN NEW COM 485170302 1,328 5,033 SH   SOLE   1,328 0 0
VALERO ENERGY COM 91913Y100 1,326 18,528 SH   SOLE   1,326 0 0
STANLEY BLACK & DECKER INC. COM 854502101 1,313 6,580 SH   SOLE   1,313 0 0
STRYKER CORP COM 863667101 1,254 5,150 SH   SOLE   1,254 0 0
AVNET INC COM 053807103 1,253 30,200 SH   SOLE   1,253 0 0
MURPHY USA INC. COM 626755102 1,220 8,443 SH   SOLE   1,220 0 0
METLIFE INC COM 59156R108 1,209 19,900 SH   SOLE   1,209 0 0
DOVER CORPORATION COM 260003108 1,187 8,663 SH   SOLE   1,187 0 0
CORTEVA INC COM COM 22052L104 1,180 25,314 SH   SOLE   1,180 0 0
ATMOS ENERGY CORP COM 049560105 1,171 11,851 SH   SOLE   1,171 0 0
CHUBB CORPORATION COM 171232101 1,162 7,356 SH   SOLE   1,162 0 0
GAP INC COM 364760108 1,132 38,042 SH   SOLE   1,132 0 0
ONEOK, INC COM 682680103 1,114 21,995 SH   SOLE   1,114 0 0
INGEVITY CORP COM COM 45688C107 1,083 14,346 SH   SOLE   1,083 0 0
MARATHON PETE CORP COM COM 56585A102 1,073 20,071 SH   SOLE   1,073 0 0
VERIZON COMM COM 92343V104 1,070 18,411 SH   SOLE   1,070 0 0
MURPHY OIL CORP COM 626717102 1,066 65,020 SH   SOLE   1,066 0 0
ENBRIDGE INC. COM 29250N105 1,063 29,219 SH   SOLE   1,063 0 0
PHILLIPS 66 COM COM 718546104 1,035 12,695 SH   SOLE   1,035 0 0
PFIZER INC COM 717081103 1,033 28,528 SH   SOLE   1,033 0 0
CORNING INC. COM 219350105 1,026 23,600 SH   SOLE   1,026 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 1,026 16,255 SH   SOLE   1,026 0 0
SCHLUMBERGER LTD F COM 806857108 1,018 37,452 SH   SOLE   1,018 0 0
THE CHARLES SCHWAB CORP COM 808513105 1,011 15,512 SH   SOLE   1,011 0 0
O-I GLASS, INC. COM 690768403 1,006 68,250 SH   SOLE   1,006 0 0
ALLEGION PUBLIC LTD. CO. COM G0176J109 983 7,829 SH   SOLE   983 0 0
INGERSOLL-RAND COMPANY COM G47791101 980 19,934 SH   SOLE   980 0 0
NEENAH PAPER INC COM 640079109 965 18,793 SH   SOLE   965 0 0
CSX CORP COM 126408103 954 9,900 SH   SOLE   954 0 0
COMERICA INC. COM 200340107 917 12,790 SH   SOLE   917 0 0
SPIRE COM 84857L101 894 12,100 SH   SOLE   894 0 0
NUTRIEN LTD CO COM COM 67077M108 877 16,280 SH   SOLE   877 0 0
CLEVELAND-CLIFFS, INC. COM 185899101 852 42,375 SH   SOLE   852 0 0
DOMINION RESOURCES INC. COM 25746U109 834 10,989 SH   SOLE   834 0 0
SHERWIN WILLIAMS CO COM 824348106 811 1,100 SH   SOLE   811 0 0
CONOCOPHILLIPS COM 20825C104 808 15,257 SH   SOLE   808 0 0
BRIGHTHOUSE FINL INC COM COM 10922N103 785 17,750 SH   SOLE   785 0 0
MARKEL CORP. COM 570535104 780 685 SH   SOLE   780 0 0
MERCK & CO INC COM 58933Y105 760 9,860 SH   SOLE   760 0 0
CALAVO GROWERS INC COM 128246105 737 9,500 SH   SOLE   737 0 0
INTEL COM 458140100 734 11,478 SH   SOLE   734 0 0
DUKE ENERGY CORPORATION COM 26441C105 699 7,249 SH   SOLE   699 0 0
PENSKE AUTOMOTIVE GROUP COM 70959W103 682 8,500 SH   SOLE   682 0 0
INTERCONTINENTAL EXCHANGE COM 45866F104 670 6,000 SH   SOLE   670 0 0
GENUINE PARTS CO COM COM 372460105 654 5,660 SH   SOLE   654 0 0
MARATHON OIL CO. COM 565849106 630 59,025 SH   SOLE   630 0 0
BANK OF NEW YORK CO INC COM 064058100 628 13,300 SH   SOLE   628 0 0
U S X-US STEEL GROUP COM 912909108 626 23,950 SH   SOLE   626 0 0
HESS CORPORATION COM 42809H107 615 8,700 SH   SOLE   615 0 0
ALLEGHENY TECH INC COM 01741R102 587 27,900 SH   SOLE   587 0 0
RAYTHEON TECHNOLOGIES CO. COM 75513E101 578 7,486 SH   SOLE   578 0 0
NETAPP INC. COM 64110D104 559 7,700 SH   SOLE   559 0 0
TIMKENSTEEL CORP COM COM 887399103 533 45,400 SH   SOLE   533 0 0
CDK GLOBAL HOLDINGS LLC COM COM 12508E101 532 9,841 SH   SOLE   532 0 0
AMERICAN STATES WATER CO COM 029899101 521 6,900 SH   SOLE   521 0 0
VIATRIS INC. COM 92556V106 521 37,325 SH   SOLE   521 0 0
MOSAIC CO NEW COM 61945C103 518 16,400 SH   SOLE   518 0 0
PACCAR INC COM 693718108 511 5,500 SH   SOLE   511 0 0
SPROUTS FARMERS MKT COM 85208M102 507 19,050 SH   SOLE   507 0 0
PAYPAL HOLDINGS INC. COM 70450Y103 505 2,081 SH   SOLE   505 0 0
MACYS INC. COM 55616P104 502 31,050 SH   SOLE   502 0 0
AMGEN INC COM 031162100 480 1,930 SH   SOLE   480 0 0
GLOBAL PAYMENTS INC. COM 37940X102 463 2,300 SH   SOLE   463 0 0
COMMERCIAL METALS CO COM 201723103 459 14,900 SH   SOLE   459 0 0
KNOWLES CORP COM COM 49926D109 458 21,931 SH   SOLE   458 0 0
DENNYS CORP COM 24869P104 443 24,500 SH   SOLE   443 0 0
NEXTERA ENERGY INC COM 65339F101 438 5,800 SH   SOLE   438 0 0
STEEL DYNAMICS INC COM 858119100 436 8,600 SH   SOLE   436 0 0
ARTESIAN RES CORP CLA COM 043113208 427 10,863 SH   SOLE   427 0 0
MATSON INC COM COM 57686G105 420 6,300 SH   SOLE   420 0 0
AVERY DENNISON CORP COM 053611109 413 2,250 SH   SOLE   413 0 0
INTL BUSINESS MACHINES COM 459200101 412 3,097 SH   SOLE   412 0 0
LILLY ELI & COMPANY COM 532457108 411 2,203 SH   SOLE   411 0 0
CHURCHILL DOWNS INC KY COM 171484108 409 1,800 SH   SOLE   409 0 0
AEROJET ROCKETDYNE HLDGS INC C OM COM 007800105 408 8,700 SH   SOLE   408 0 0
ANGLOGOLD LTD COM 035128206 404 18,398 SH   SOLE   404 0 0
TRANSDIGM GROUP INC. COM 893641100 402 685 SH   SOLE   402 0 0
XEROX CORP COM 984121103 401 16,558 SH   SOLE   401 0 0
HELMERICH & PAYNE INC COM 423452101 397 14,750 SH   SOLE   397 0 0
OLD REPUBLIC INTL CORP COM 680223104 384 17,600 SH   SOLE   384 0 0
ONE GAS INC COM COM 68235P108 379 4,933 SH   SOLE   379 0 0
INTERNATIONAL PAPER CO COM 460146103 375 6,938 SH   SOLE   375 0 0
ALAMOS GOLD INC. COM 011532108 370 47,500 SH   SOLE   370 0 0
AGNICO-EAGLE MINES LTD COM 008474108 365 6,325 SH   SOLE   365 0 0
CHEMOURS COMPANY COM 163851108 361 12,968 SH   SOLE   361 0 0
DISCOVER FINL SVCS COM COM 254709108 360 3,800 SH   SOLE   360 0 0
CALERES INC. COM 129500104 359 16,500 SH   SOLE   359 0 0
ASTRAZENECA PLC ADR COM 046353108 355 7,146 SH   SOLE   355 0 0
Capstead Mortg Pfd COM 14067E605 341 13,600 SH   SOLE   341 0 0
BARRICK GOLD COM 067901108 340 17,200 SH   SOLE   340 0 0
VALVOLINE INC. COM 92047W101 336 12,900 SH   SOLE   336 0 0
ZIONS BANCORPORATION COM COM 989701107 335 6,100 SH   SOLE   335 0 0
NUVEEN QUALITY MUNICIPAL COM 67066V101 330 21,835 SH   SOLE   330 0 0
AMER ELECTRIC PWR CO INC COM 025537101 320 3,780 SH   SOLE   320 0 0
PNC BANK CORP COM 693475105 317 1,810 SH   SOLE   317 0 0
HUNTINGTON BANCSHARES INC COM 446150104 316 20,118 SH   SOLE   316 0 0
CARRIER GLOBAL CORP. COM 14448C104 315 7,481 SH   SOLE   315 0 0
CULLEN FROST BANKERS COM 229899109 315 2,900 SH   SOLE   315 0 0
ZOETIS INC. COM 98978V103 314 2,000 SH   SOLE   314 0 0
HOLLYFRONTIER CORP COM COM 435758305 314 8,800 SH   SOLE   314 0 0
KEYCORP COM 493267108 313 15,666 SH   SOLE   313 0 0
BP PLC COM 055622104 305 12,564 SH   SOLE   305 0 0
OCCIDENTAL PETE CORP COM 674599105 304 11,429 SH   SOLE   304 0 0
US BANCORP DEL COM 902973304 304 5,500 SH   SOLE   304 0 0
FORD MOTOR COMPANY COM 345370860 301 24,650 SH   SOLE   301 0 0
REGIONS FINANCIAL CP NEW COM 7591EP100 297 14,392 SH   SOLE   297 0 0
EXPEDITORS INTL WASH COM 302130109 290 2,700 SH   SOLE   290 0 0
ASHLAND INC COM 044186104 284 3,200 SH   SOLE   284 0 0
WELLS FARGO & CO NEW COM 949746101 282 7,242 SH   SOLE   282 0 0
BECTON DICKINSON & CO COM 075887109 277 1,140 SH   SOLE   277 0 0
TRANSOCEAN SEDCO FOREX COM H8817H100 274 77,364 SH   SOLE   274 0 0
PENN NATIONAL GAMING COM 707569109 272 2,600 SH   SOLE   272 0 0
MUELLER WATER PRODUCTS COM 624758108 270 19,500 SH   SOLE   270 0 0
CARMAX INC COM 143130102 265 2,000 SH   SOLE   265 0 0
MEREDITH CORP. COM 589433101 265 8,900 SH   SOLE   265 0 0
KINROSS GOLD CORP NEW COM 496902404 264 39,600 SH   SOLE   264 0 0
DIAMONDBACK ENERGY COM 25278X109 254 3,457 SH   SOLE   254 0 0
FERRO CORP COM 315405100 253 15,026 SH   SOLE   253 0 0
CABOT OIL & GAS COM 127097103 249 13,300 SH   SOLE   249 0 0
KEURIG DR PEPPER INC. COM 49271V100 247 7,200 SH   SOLE   247 0 0
WEINGARTEN REALTY INV COM 948741103 246 9,152 SH   SOLE   246 0 0
FIFTH THIRD BANCORP COM 316773100 245 6,556 SH   SOLE   245 0 0
OTIS WORLDWIDE CORP. COM 68902V107 242 3,540 SH   SOLE   242 0 0
PAYCHEX INC COM 704326107 242 2,471 SH   SOLE   242 0 0
BANCORP SOUTH CM COM 05971J102 240 7,400 SH   SOLE   240 0 0
FLUOR CORPORATION COM 343412102 240 10,400 SH   SOLE   240 0 0
ACTIVISION CORP COM 00507V109 232 2,500 SH   SOLE   232 0 0
HALLIBURTON COMPANY COM 406216101 222 10,370 SH   SOLE   222 0 0
PIONEER NATURAL RES CO COM 723787107 222 1,400 SH   SOLE   222 0 0
RALPH LAUREN CORP. COM 751212101 221 1,800 SH   SOLE   221 0 0
PARK NATIONAL CORP COM 700658107 219 1,700 SH   SOLE   219 0 0
QUAKER CHEMICAL CORP COM 747316107 219 900 SH   SOLE   219 0 0
IMPERIAL OIL LTD COM 453038408 216 9,000 SH   SOLE   216 0 0
PAN AMERICAN SILVER COM 697900108 216 7,200 SH   SOLE   216 0 0
CRANE COMPANY COM 224399105 215 2,300 SH   SOLE   215 0 0
COLGATE-PALMOLIVE CO COM 194162103 212 2,700 SH   SOLE   212 0 0
OVINTIV INC. COM 69047Q102 211 8,859 SH   SOLE   211 0 0
KELLOGG COMPANY COM 487836108 209 3,310 SH   SOLE   209 0 0
CME GROUP INC COM COM 12572Q105 205 1,007 SH   SOLE   205 0 0
ST JOE COMPANY COM 790148100 205 4,788 SH   SOLE   205 0 0
KROGER CO COM 501044101 205 5,700 SH   SOLE   205 0 0
SOLITARIO EXPLORATION COM 8342EP107 160 193,000 SH   SOLE   160 0 0
FARMER BROS. CO. COM 307675108 157 15,100 SH   SOLE   157 0 0
NO EUROPEAN OIL TR COM 659310106 157 35,300 SH   SOLE   157 0 0
DNP SELECT INCOME FUND COM 23325P104 144 14,655 SH   SOLE   144 0 0
INTEVAC INC COM 461148108 129 18,100 SH   SOLE   129 0 0
PERMIAN BASIN ROYALTY TR COM 714236106 95 23,900 SH   SOLE   95 0 0
ORION MARINE GROUP COM 68628V308 91 15,000 SH   SOLE   91 0 0
ZIX CORP COM 98974P100 75 10,000 SH   SOLE   75 0 0
KOSMOS ENERGY LTD COM 500688106 75 24,500 SH   SOLE   75 0 0
PATTERSON UTIL ENRGY COM 703481101 71 10,000 SH   SOLE   71 0 0
IAMGOLD CORPORATION COM 450913108 53 18,000 SH   SOLE   53 0 0
YAMANA GOLD INC COM 98462Y100 49 11,500 SH   SOLE   49 0 0
SOUTHWESTERN ENERGY CO COM 845467109 49 10,700 SH   SOLE   49 0 0
AEGON N V ORD AMER REG COM 007924103 47 10,000 SH   SOLE   47 0 0
CHICOS FAS INC COM 168615102 36 10,900 SH   SOLE   36 0 0
GREAT PANTHER SILVER COM 39115V101 8 11,000 SH   SOLE   8 0 0
PDL BIOPHARMA INC COM 69329Y104 0 12,600 SH   SOLE   0 0 0