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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
GRAINGER WW INC COM 384802104   13,425 19,406 SH   SOLE   13,425 0 0
LINDE PLC COM COM G5494J103   10,735 28,833 SH   SOLE   10,735 0 0
EXXON MOBIL CORP COM 30231G102   9,839 83,684 SH   SOLE   9,839 0 0
MASTERCARD INC COM 57636Q104   8,395 21,206 SH   SOLE   8,395 0 0
CHEVRONTEXACO CORP COM 166764100   7,799 46,256 SH   SOLE   7,799 0 0
TRACTOR SUPPLY COMPANY COM 892356106   7,369 36,295 SH   SOLE   7,369 0 0
STARBUCKS CORP COM 855244109   7,284 79,809 SH   SOLE   7,284 0 0
MICROSOFT CORP COM 594918104   7,065 22,377 SH   SOLE   7,065 0 0
AUTO DATA PROCESSING COM 053015103   6,608 27,469 SH   SOLE   6,608 0 0
HERSHEY FOODS CORP COM 427866108   6,202 31,002 SH   SOLE   6,202 0 0
AIR PRODUCTS & CHEMICALS COM 009158106   6,141 21,671 SH   SOLE   6,141 0 0
APPLE, INC COM 037833100   6,005 35,078 SH   SOLE   6,005 0 0
AGILENT TECHNOLOGIES COM 00846U101   4,934 44,126 SH   SOLE   4,934 0 0
DEERE & CO COM 244199105   4,905 13,000 SH   SOLE   4,905 0 0
PEPSICO INCORPORATED COM 713448108   4,893 28,879 SH   SOLE   4,893 0 0
TEXAS INSTRUMENTS INC COM 882508104   4,593 28,889 SH   SOLE   4,593 0 0
TRANE TECHNOLOGIES PLC COM G8994E103   4,449 21,930 SH   SOLE   4,449 0 0
EMERSON ELECTRIC COM 291011104   4,061 42,056 SH   SOLE   4,061 0 0
JOHNSON & JOHNSON COM 478160104   3,959 25,421 SH   SOLE   3,959 0 0
OLIN CORP NEW COM 680665205   3,881 77,665 SH   SOLE   3,881 0 0
EATON CORPORATION COM 278058102   3,743 17,552 SH   SOLE   3,743 0 0
UNION PACIFIC CORP COM 907818108   3,459 16,991 SH   SOLE   3,459 0 0
APPLIED INDL. TECH. COM 03820C105   3,345 21,640 SH   SOLE   3,345 0 0
ABBOTT LABORATORIES COM 002824100   3,166 32,697 SH   SOLE   3,166 0 0
MARATHON PETE CORP COM COM 56585A102   3,159 20,878 SH   SOLE   3,159 0 0
KEYSIGHT TECHNOLOGIES INC COM COM 49338L103   3,146 23,785 SH   SOLE   3,146 0 0
MC CORMICK & CO NEW VT COM 579780206   3,134 41,437 SH   SOLE   3,134 0 0
BUNGE COM G16962105   3,038 28,066 SH   SOLE   3,038 0 0
COSTCO WHOLSALE CORP NEW COM 22160K105   2,982 5,280 SH   SOLE   2,982 0 0
SYSCO CORP. COM 871829107   2,876 43,544 SH   SOLE   2,876 0 0
MURPHY OIL CORP COM 626717102   2,863 63,146 SH   SOLE   2,863 0 0
CASEYS GENERAL STORES INC COM 147528103   2,859 10,532 SH   SOLE   2,859 0 0
APPLIED MATERIALS INC COM 038222105   2,848 20,575 SH   SOLE   2,848 0 0
BROWN FORMAN CORP CL B COM 115637209   2,781 48,215 SH   SOLE   2,781 0 0
STERIS PLC COM 859152100   2,775 12,650 SH   SOLE   2,775 0 0
PARKER-HANNIFIN CORP COM 701094104   2,703 6,940 SH   SOLE   2,703 0 0
HOME DEPOT INC COM 437076102   2,694 8,917 SH   SOLE   2,694 0 0
MURPHY USA INC. COM 626755102   2,672 7,821 SH   SOLE   2,672 0 0
KIMBERLY-CLARK CORP COM 494368103   2,635 21,812 SH   SOLE   2,635 0 0
DOW CHEMICAL COM 260557103   2,554 49,551 SH   SOLE   2,554 0 0
CINTAS CORP COM 172908105   2,528 5,256 SH   SOLE   2,528 0 0
DARDEN RESTURANTS INC COM 237194105   2,456 17,150 SH   SOLE   2,456 0 0
VALERO ENERGY COM 91913Y100   2,430 17,150 SH   SOLE   2,430 0 0
BROADRIDGE FINANCIAL COM 11133T103   2,422 13,530 SH   SOLE   2,422 0 0
MIDDLEBY CORP THE COM 596278101   2,355 18,400 SH   SOLE   2,355 0 0
GORMAN-RUPP CO COM COM 383082104   2,291 69,649 SH   SOLE   2,291 0 0
ANALOG DEVICES INC COM 032654105   2,251 12,860 SH   SOLE   2,251 0 0
SONOCO PRODUCTS INC COM 835495102   2,194 40,375 SH   SOLE   2,194 0 0
CATERPILLAR INC COM 149123101   2,193 8,033 SH   SOLE   2,193 0 0
MERCK & CO INC COM 58933Y105   2,180 21,178 SH   SOLE   2,180 0 0
ADVANSIX INC COM COM 00773T101   2,116 68,093 SH   SOLE   2,116 0 0
LOWES COMPANIES INC COM 548661107   2,114 10,175 SH   SOLE   2,114 0 0
SCHLUMBERGER LTD F COM 806857108   2,107 36,145 SH   SOLE   2,107 0 0
MINE SAFTEY APPLIANCE CO COM 553498106   2,055 13,040 SH   SOLE   2,055 0 0
KIRBY CORP COM 497266106   2,008 24,254 SH   SOLE   2,008 0 0
DISNEY WALT HOLDING CO COM 254687106   2,006 24,752 SH   SOLE   2,006 0 0
HONEYWELL INC. COM 438516106   1,901 10,294 SH   SOLE   1,901 0 0
LAUDER ESTEE CORP CL A COM 518439104   1,893 13,097 SH   SOLE   1,893 0 0
ALBANY INT'L CORP. COM 012348108   1,872 21,700 SH   SOLE   1,872 0 0
CHESAPEAKE UTIL CORP COM 165303108   1,856 18,994 SH   SOLE   1,856 0 0
COCA-COLA COMPANY COM 191216100   1,809 32,327 SH   SOLE   1,809 0 0
NORFOLK SOUTHERN CORP COM 655844108   1,789 9,088 SH   SOLE   1,789 0 0
CONOCOPHILLIPS COM 20825C104   1,744 14,565 SH   SOLE   1,744 0 0
GENERAL MILLS INC COM 370334104   1,725 26,965 SH   SOLE   1,725 0 0
AMERICAN EXPRESS CO. COM 025816109   1,723 11,550 SH   SOLE   1,723 0 0
TIMKEN COMPANY COM 887389104   1,697 23,094 SH   SOLE   1,697 0 0
WESTROCK CO COM COM 96145D105   1,693 47,292 SH   SOLE   1,693 0 0
FRANKLIN ELEC CO INC COM 353514102   1,641 18,400 SH   SOLE   1,641 0 0
PHILLIPS 66 COM COM 718546104   1,585 13,195 SH   SOLE   1,585 0 0
MARATHON OIL CO. COM 565849106   1,572 58,775 SH   SOLE   1,572 0 0
INTL FLAVOR & FRAGRANCES COM 459506101   1,540 22,601 SH   SOLE   1,540 0 0
CHUBB CORPORATION COM 171232101   1,514 7,273 SH   SOLE   1,514 0 0
CELANESE CORP. COM 150870103   1,509 12,025 SH   SOLE   1,509 0 0
AVNET INC COM 053807103   1,491 30,944 SH   SOLE   1,491 0 0
DU PONT E I DE NEMOUR&CO COM 263534109   1,415 18,979 SH   SOLE   1,415 0 0
ONEOK, INC COM 682680103   1,411 22,257 SH   SOLE   1,411 0 0
ABBVIE INC COM COM 00287Y109   1,382 9,276 SH   SOLE   1,382 0 0
STRYKER CORP COM 863667101   1,366 5,000 SH   SOLE   1,366 0 0
CORTEVA INC COM COM 22052L104   1,354 26,475 SH   SOLE   1,354 0 0
PENSKE AUTOMOTIVE GROUP COM 70959W103   1,336 8,000 SH   SOLE   1,336 0 0
HESS CORPORATION COM 42809H107   1,269 8,300 SH   SOLE   1,269 0 0
INGERSOLL-RAND COMPANY COM G47791101   1,232 19,346 SH   SOLE   1,232 0 0
ATMOS ENERGY CORP COM 049560105   1,193 11,266 SH   SOLE   1,193 0 0
TIMKENSTEEL CORP COM COM 887399103   1,190 54,800 SH   SOLE   1,190 0 0
METLIFE INC COM 59156R108   1,166 18,550 SH   SOLE   1,166 0 0
CANADIAN PAC LTD NEW COM 13645T100   1,164 15,652 SH   SOLE   1,164 0 0
NEWMONT GOLDCORP COM 651639106   1,149 31,099 SH   SOLE   1,149 0 0
LILLY ELI & COMPANY COM 532457108   1,127 2,100 SH   SOLE   1,127 0 0
O-I GLASS, INC. COM 690768403   1,118 66,875 SH   SOLE   1,118 0 0
DOVER CORPORATION COM 260003108   1,112 7,975 SH   SOLE   1,112 0 0
US STEEL CORP. COM 912909108   1,058 32,575 SH   SOLE   1,058 0 0
ALLEGHENY TECH INC COM 01741R102   1,045 25,400 SH   SOLE   1,045 0 0
MARKEL CORP. COM 570535104   1,008 685 SH   SOLE   1,008 0 0
NUTRIEN LTD CO COM COM 67077M108   1,001 16,220 SH   SOLE   1,001 0 0
CLEVELAND-CLIFFS, INC. COM 185899101   997 63,825 SH   SOLE   997 0 0
FIDELITY NATL INFO SVCS COM 31620M106   982 17,775 SH   SOLE   982 0 0
ENBRIDGE INC. COM 29250N105   962 28,691 SH   SOLE   962 0 0
PFIZER INC COM 717081103   945 28,498 SH   SOLE   945 0 0
BRISTOL MYERS SQUIBB CO COM 110122108   937 16,150 SH   SOLE   937 0 0
STEEL DYNAMICS INC COM 858119100   922 8,600 SH   SOLE   922 0 0
CSX CORP COM 126408103   907 29,500 SH   SOLE   907 0 0
GOODYEAR TIRE & RUBBER COM 382550101   900 72,450 SH   SOLE   900 0 0
COMMERCIAL METALS CO COM 201723103   889 18,000 SH   SOLE   889 0 0
INGEVITY CORP COM COM 45688C107   886 18,621 SH   SOLE   886 0 0
FRANCO NEVADA CORP. COM 351858105   854 6,400 SH   SOLE   854 0 0
SHERWIN WILLIAMS CO COM 824348106   841 3,300 SH   SOLE   841 0 0
THE CHARLES SCHWAB CORP COM 808513105   841 15,329 SH   SOLE   841 0 0
COTERRA ENERGY INC. COM 127097103   836 30,914 SH   SOLE   836 0 0
GENUINE PARTS CO COM COM 372460105   817 5,660 SH   SOLE   817 0 0
ALLEGION PUBLIC LTD. CO. COM G0176J109   788 7,570 SH   SOLE   788 0 0
SPROUTS FARMERS MKT COM 85208M102   753 17,600 SH   SOLE   753 0 0
NORTHERN TRUST CORP COM 665859104   717 10,325 SH   SOLE   717 0 0
PACCAR INC COM 693718108   692 8,149 SH   SOLE   692 0 0
3M COMPANY COM 88579Y101   689 7,360 SH   SOLE   689 0 0
TRANSOCEAN SEDCO FOREX COM H8817H100   681 82,965 SH   SOLE   681 0 0
OCCIDENTAL PETE CORP COM 674599105   674 10,389 SH   SOLE   674 0 0
MOSAIC CO NEW COM 61945C103   671 18,850 SH   SOLE   671 0 0
SPIRE COM 84857L101   661 11,700 SH   SOLE   661 0 0
INTERCONTINENTAL EXCHANGE COM 45866F104   660 6,000 SH   SOLE   660 0 0
CORNING INC. COM 219350105   652 21,400 SH   SOLE   652 0 0
BRIGHTHOUSE FINL INC COM COM 10922N103   646 13,200 SH   SOLE   646 0 0
ORGANON & CO. COM 68622V106   630 36,340 SH   SOLE   630 0 0
MATSON INC COM COM 57686G105   621 7,000 SH   SOLE   621 0 0
SHELL PLC. COM 780259305   614 9,548 SH   SOLE   614 0 0
SCHWAB US TIPS ETF COM 808524870   605 12,000 SH   SOLE   605 0 0
NETAPP INC. COM 64110D104   584 7,700 SH   SOLE   584 0 0
VERIZON COMM COM 92343V104   575 17,761 SH   SOLE   575 0 0
HELMERICH & PAYNE INC COM 423452101   574 13,625 SH   SOLE   574 0 0
OLD REPUBLIC INTL CORP COM 680223104   569 21,133 SH   SOLE   569 0 0
TRANSDIGM GROUP INC. COM 893641100   569 675 SH   SOLE   569 0 0
DUKE ENERGY CORPORATION COM 26441C105   558 6,330 SH   SOLE   558 0 0
IMPERIAL OIL LTD COM 453038408   554 9,000 SH   SOLE   554 0 0
EASTMAN CHEMICAL COM 277432100   544 7,100 SH   SOLE   544 0 0
PERMIAN BASIN ROYALTY TR COM 714236106   538 25,400 SH   SOLE   538 0 0
COMERICA INC. COM 200340107   535 12,890 SH   SOLE   535 0 0
DIAMONDBACK ENERGY COM 25278X109   535 3,457 SH   SOLE   535 0 0
AMERICAN STATES WATER CO COM 029899101   535 6,800 SH   SOLE   535 0 0
RAYTHEON TECHNOLOGIES CO. COM 75513E101   526 7,320 SH   SOLE   526 0 0
BANK OF NEW YORK CO INC COM 064058100   511 12,000 SH   SOLE   511 0 0
ALAMOS GOLD INC. COM 011532108   508 45,000 SH   SOLE   508 0 0
AMGEN INC COM 031162100   505 1,880 SH   SOLE   505 0 0
KINDER MORGAN INC COM 49456B101   501 30,238 SH   SOLE   501 0 0
HF SINCLAIR CORP. COM 403949100   500 8,800 SH   SOLE   500 0 0
ASTRAZENECA PLC ADR COM 046353108   477 7,046 SH   SOLE   477 0 0
STANLEY BLACK & DECKER INC. COM 854502101   476 5,700 SH   SOLE   476 0 0
BP PLC COM 055622104   472 12,192 SH   SOLE   472 0 0
CALERES INC. COM 129500104   445 15,500 SH   SOLE   445 0 0
NO EUROPEAN OIL TR COM 659310106   422 34,700 SH   SOLE   422 0 0
CHURCHILL DOWNS INC KY COM 171484108   417 3,600 SH   SOLE   417 0 0
OVINTIV INC. COM 69047Q102   413 8,700 SH   SOLE   413 0 0
VIATRIS INC. COM 92556V106   412 41,870 SH   SOLE   412 0 0
ARTESIAN RES CORP CLA COM 043113208   409 9,750 SH   SOLE   409 0 0
CARRIER GLOBAL CORP. COM 14448C104   407 7,381 SH   SOLE   407 0 0
VALVOLINE INC. COM 92047W101   399 12,400 SH   SOLE   399 0 0
INTL BUSINESS MACHINES COM 459200101   395 2,822 SH   SOLE   395 0 0
DOMINION RESOURCES INC. COM 25746U109   391 8,775 SH   SOLE   391 0 0
INTEL COM 458140100   386 10,878 SH   SOLE   386 0 0
AVERY DENNISON CORP COM 053611109   383 2,100 SH   SOLE   383 0 0
NEXTERA ENERGY INC COM 65339F101   382 6,670 SH   SOLE   382 0 0
GAP INC COM 364760108   377 35,475 SH   SOLE   377 0 0
MATIV HLDGS. INC. COM 808541106   373 26,213 SH   SOLE   373 0 0
KROGER CO COM 501044101   371 8,300 SH   SOLE   371 0 0
FLUOR CORPORATION COM 343412102   367 10,000 SH   SOLE   367 0 0
CHEMOURS COMPANY COM 163851108   365 13,018 SH   SOLE   365 0 0
HALLIBURTON COMPANY COM 406216101   359 8,870 SH   SOLE   359 0 0
PREFORMED LINE PRODS INC COM 740444104   357 2,200 SH   SOLE   357 0 0
MACYS INC. COM 55616P104   353 30,450 SH   SOLE   353 0 0
ZOETIS INC. COM 98978V103   347 2,000 SH   SOLE   347 0 0
DISCOVER FINL SVCS COM COM 254709108   346 4,000 SH   SOLE   346 0 0
PIONEER NATURAL RES CO COM 723787107   321 1,400 SH   SOLE   321 0 0
EXPEDITORS INTL WASH COM 302130109   309 2,700 SH   SOLE   309 0 0
ONE GAS INC COM COM 68235P108   307 4,508 SH   SOLE   307 0 0
FORD MOTOR COMPANY COM 345370860   294 23,750 SH   SOLE   294 0 0
BECTON DICKINSON & CO COM 075887109   294 1,140 SH   SOLE   294 0 0
BADGER METER INC COM 056525108   287 2,000 SH   SOLE   287 0 0
AGNICO-EAGLE MINES LTD COM 008474108   287 6,325 SH   SOLE   287 0 0
OTIS WORLDWIDE CORP. COM 68902V107   287 3,578 SH   SOLE   287 0 0
ANGLOGOLD LTD COM 035128206   285 18,100 SH   SOLE   285 0 0
PAYCHEX INC COM 704326107   284 2,466 SH   SOLE   284 0 0
KNOWLES CORP COM COM 49926D109   280 18,925 SH   SOLE   280 0 0
AMER ELECTRIC PWR CO INC COM 025537101   274 3,645 SH   SOLE   274 0 0
O REILLY AUTOMOTIVE INC COM 67103H107   272 300 SH   SOLE   272 0 0
BARRICK GOLD COM 067901108   267 18,400 SH   SOLE   267 0 0
GLOBAL PAYMENTS INC. COM 37940X102   265 2,300 SH   SOLE   265 0 0
Prosperity Bancshare COM 743606105   264 4,852 SH   SOLE   264 0 0
CULLEN FROST BANKERS COM 229899109   264 2,900 SH   SOLE   264 0 0
ASHLAND INC COM 044186104   261 3,200 SH   SOLE   261 0 0
APACHE CORP COM 03743Q108   258 6,300 SH   SOLE   258 0 0
WELLS FARGO & CO NEW COM 949746101   258 6,318 SH   SOLE   258 0 0
REGIONS FINANCIAL CP NEW COM 7591EP100   251 14,622 SH   SOLE   251 0 0
BAKER HUGHES CO. COM 05722G100   247 7,000 SH   SOLE   247 0 0
CALAVO GROWERS INC COM 128246105   239 9,500 SH   SOLE   239 0 0
MUELLER WATER PRODUCTS COM 624758108   234 18,500 SH   SOLE   234 0 0
INTERNATIONAL PAPER CO COM 460146103   228 6,438 SH   SOLE   228 0 0
ST JOE COMPANY COM 790148100   225 4,150 SH   SOLE   225 0 0
XEROX CORP COM 984121103   224 14,283 SH   SOLE   224 0 0
PNC BANK CORP COM 693475105   222 1,810 SH   SOLE   222 0 0
ZIONS BANCORPORATION COM COM 989701107   212 6,100 SH   SOLE   212 0 0
CONSOL ENERGY INC. COM 20854L108   209 2,000 SH   SOLE   209 0 0
RALPH LAUREN CORP. COM 751212101   208 1,800 SH   SOLE   208 0 0
CHAMPIONX CORP. COM 15872M104   207 5,837 SH   SOLE   207 0 0
DENNYS CORP COM 24869P104   207 24,500 SH   SOLE   207 0 0
ILLINOIS TOOL WORKS COM 452308109   207 900 SH   SOLE   207 0 0
NUVEEN QUALITY MUNICIPAL COM 67066V101   205 20,261 SH   SOLE   205 0 0
HUNTINGTON BANCSHARES INC COM 446150104   202 19,451 SH   SOLE   202 0 0
CME GROUP INC COM COM 12572Q105   201 1,007 SH   SOLE   201 0 0
KOSMOS ENERGY LTD COM 500688106   200 24,500 SH   SOLE   200 0 0
KINROSS GOLD CORP NEW COM 496902404   185 40,600 SH   SOLE   185 0 0
KEYCORP COM 493267108   180 16,766 SH   SOLE   180 0 0
DNP SELECT INCOME FUND COM 23325P104   139 14,655 SH   SOLE   139 0 0
SOLITARIO EXPLORATION COM 8342EP107   95 175,000 SH   SOLE   95 0 0
CHICOS FAS INC COM 168615102   81 10,900 SH   SOLE   81 0 0
SOUTHWESTERN ENERGY CO COM 845467109   69 10,700 SH   SOLE   69 0 0
ORION MARINE GROUP COM 68628V308   67 12,500 SH   SOLE   67 0 0
ACCO BRANDS CORP COM COM 00081T108   66 11,500 SH   SOLE   66 0 0
INTEVAC INC COM 461148108   48 15,700 SH   SOLE   48 0 0
IAMGOLD CORPORATION COM 450913108   37 17,500 SH   SOLE   37 0 0
FARMER BROS. CO. COM 307675108   31 12,250 SH   SOLE   31 0 0