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   13,552 19,675 SH   SOLE   13,552 0 0
LINDE PLC COM COM G5494J103   10,289 28,950 SH   SOLE   10,289 0 0
EXXON MOBIL CORP COM 30231G102   9,202 83,922 SH   SOLE   9,202 0 0
TRACTOR SUPPLY COMPANY COM 892356106   8,641 36,765 SH   SOLE   8,641 0 0
STARBUCKS CORP COM 855244109   8,382 80,499 SH   SOLE   8,382 0 0
HERSHEY FOODS CORP COM 427866108   7,932 31,180 SH   SOLE   7,932 0 0
MASTERCARD INC COM 57636Q104   7,797 21,456 SH   SOLE   7,797 0 0
CHEVRONTEXACO CORP COM 166764100   7,573 46,420 SH   SOLE   7,573 0 0
MICROSOFT CORP COM 594918104   6,524 22,632 SH   SOLE   6,524 0 0
AIR PRODUCTS & CHEMICALS COM 009158106   6,263 21,807 SH   SOLE   6,263 0 0
AUTO DATA PROCESSING COM 053015103   6,162 27,680 SH   SOLE   6,162 0 0
AGILENT TECHNOLOGIES COM 00846U101   6,128 44,297 SH   SOLE   6,128 0 0
APPLE, INC COM 037833100   5,870 35,597 SH   SOLE   5,870 0 0
TEXAS INSTRUMENTS INC COM 882508104   5,380 28,924 SH   SOLE   5,380 0 0
DEERE & CO COM 244199105   5,372 13,013 SH   SOLE   5,372 0 0
PEPSICO INCORPORATED COM 713448108   5,304 29,099 SH   SOLE   5,304 0 0
OLIN CORP NEW COM 680665205   4,353 78,445 SH   SOLE   4,353 0 0
TRANE TECHNOLOGIES PLC COM G8994E103   4,042 21,973 SH   SOLE   4,042 0 0
JOHNSON & JOHNSON COM 478160104   3,961 25,561 SH   SOLE   3,961 0 0
KEYSIGHT TECHNOLOGIES INC COM COM 49338L103   3,843 23,804 SH   SOLE   3,843 0 0
EMERSON ELECTRIC COM 291011104   3,695 42,406 SH   SOLE   3,695 0 0
MC CORMICK & CO NEW VT COM 579780206   3,456 41,537 SH   SOLE   3,456 0 0
UNION PACIFIC CORP COM 907818108   3,424 17,016 SH   SOLE   3,424 0 0
SYSCO CORP. COM 871829107   3,388 43,869 SH   SOLE   3,388 0 0
ABBOTT LABORATORIES COM 002824100   3,324 32,834 SH   SOLE   3,324 0 0
LAUDER ESTEE CORP CL A COM 518439104   3,227 13,097 SH   SOLE   3,227 0 0
BROWN FORMAN CORP CL B COM 115637209   3,163 49,215 SH   SOLE   3,163 0 0
EATON CORPORATION COM 278058102   3,130 18,271 SH   SOLE   3,130 0 0
APPLIED INDL. TECH. COM 03820C105   3,075 21,640 SH   SOLE   3,075 0 0
KIMBERLY-CLARK CORP COM 494368103   2,963 22,079 SH   SOLE   2,963 0 0
MARATHON PETE CORP COM COM 56585A102   2,816 20,891 SH   SOLE   2,816 0 0
DOW CHEMICAL COM 260557103   2,738 49,951 SH   SOLE   2,738 0 0
BUNGE COM G16962105   2,698 28,254 SH   SOLE   2,698 0 0
MIDDLEBY CORP THE COM 596278101   2,697 18,400 SH   SOLE   2,697 0 0
COSTCO WHOLSALE CORP NEW COM 22160K105   2,673 5,380 SH   SOLE   2,673 0 0
DARDEN RESTURANTS INC COM 237194105   2,668 17,200 SH   SOLE   2,668 0 0
HOME DEPOT INC COM 437076102   2,634 8,928 SH   SOLE   2,634 0 0
ADVANSIX INC COM COM 00773T101   2,614 68,326 SH   SOLE   2,614 0 0
CHESAPEAKE UTIL CORP COM 165303108   2,601 20,322 SH   SOLE   2,601 0 0
ANALOG DEVICES INC COM 032654105   2,555 12,960 SH   SOLE   2,555 0 0
APPLIED MATERIALS INC COM 038222105   2,551 20,775 SH   SOLE   2,551 0 0
SONOCO PRODUCTS INC COM 835495102   2,485 40,750 SH   SOLE   2,485 0 0
DISNEY WALT HOLDING CO COM 254687106   2,478 24,752 SH   SOLE   2,478 0 0
CINTAS CORP COM 172908105   2,441 5,276 SH   SOLE   2,441 0 0
STERIS PLC COM 859152100   2,419 12,650 SH   SOLE   2,419 0 0
VALERO ENERGY COM 91913Y100   2,402 17,213 SH   SOLE   2,402 0 0
MURPHY OIL CORP COM 626717102   2,350 63,571 SH   SOLE   2,350 0 0
PARKER-HANNIFIN CORP COM 701094104   2,341 6,965 SH   SOLE   2,341 0 0
GENERAL MILLS INC COM 370334104   2,332 27,290 SH   SOLE   2,332 0 0
CASEYS GENERAL STORES INC COM 147528103   2,279 10,532 SH   SOLE   2,279 0 0
MERCK & CO INC COM 58933Y105   2,269 21,328 SH   SOLE   2,269 0 0
BROADRIDGE FINANCIAL COM 11133T103   2,144 14,632 SH   SOLE   2,144 0 0
INTL FLAVOR & FRAGRANCES COM 459506101   2,079 22,614 SH   SOLE   2,079 0 0
LOWES COMPANIES INC COM 548661107   2,057 10,290 SH   SOLE   2,057 0 0
MURPHY USA INC. COM 626755102   2,047 7,933 SH   SOLE   2,047 0 0
COCA-COLA COMPANY COM 191216100   2,036 32,827 SH   SOLE   2,036 0 0
HONEYWELL INC. COM 438516106   1,986 10,394 SH   SOLE   1,986 0 0
NORFOLK SOUTHERN CORP COM 655844108   1,943 9,168 SH   SOLE   1,943 0 0
ALBANY INT'L CORP. COM 012348108   1,939 21,700 SH   SOLE   1,939 0 0
AMERICAN EXPRESS CO. COM 025816109   1,938 11,750 SH   SOLE   1,938 0 0
TIMKEN COMPANY COM 887389104   1,887 23,100 SH   SOLE   1,887 0 0
CATERPILLAR INC COM 149123101   1,863 8,143 SH   SOLE   1,863 0 0
SCHLUMBERGER LTD F COM 806857108   1,779 36,245 SH   SOLE   1,779 0 0
GORMAN-RUPP CO COM COM 383082104   1,748 69,949 SH   SOLE   1,748 0 0
MINE SAFTEY APPLIANCE CO COM 553498106   1,740 13,040 SH   SOLE   1,740 0 0
FRANKLIN ELEC CO INC COM 353514102   1,731 18,400 SH   SOLE   1,731 0 0
KIRBY CORP COM 497266106   1,716 24,622 SH   SOLE   1,716 0 0
ABBVIE INC COM COM 00287Y109   1,619 10,162 SH   SOLE   1,619 0 0
CORTEVA INC COM COM 22052L104   1,602 26,575 SH   SOLE   1,602 0 0
NEWMONT GOLDCORP COM 651639106   1,524 31,099 SH   SOLE   1,524 0 0
O-I GLASS, INC. COM 690768403   1,521 67,000 SH   SOLE   1,521 0 0
CONOCOPHILLIPS COM 20825C104   1,456 14,680 SH   SOLE   1,456 0 0
WESTROCK CO COM COM 96145D105   1,449 47,582 SH   SOLE   1,449 0 0
CHUBB CORPORATION COM 171232101   1,427 7,353 SH   SOLE   1,427 0 0
STRYKER CORP COM 863667101   1,427 5,000 SH   SOLE   1,427 0 0
MARATHON OIL CO. COM 565849106   1,416 59,125 SH   SOLE   1,416 0 0
AVNET INC COM 053807103   1,400 30,975 SH   SOLE   1,400 0 0
DU PONT E I DE NEMOUR&CO COM 263534109   1,369 19,079 SH   SOLE   1,369 0 0
ONEOK, INC COM 682680103   1,356 21,345 SH   SOLE   1,356 0 0
PHILLIPS 66 COM COM 718546104   1,347 13,295 SH   SOLE   1,347 0 0
INGEVITY CORP COM COM 45688C107   1,338 18,721 SH   SOLE   1,338 0 0
CELANESE CORP. COM 150870103   1,312 12,050 SH   SOLE   1,312 0 0
ATMOS ENERGY CORP COM 049560105   1,277 11,366 SH   SOLE   1,277 0 0
CANADIAN PAC LTD NEW COM 13645T100   1,227 15,952 SH   SOLE   1,227 0 0
DOVER CORPORATION COM 260003108   1,213 7,988 SH   SOLE   1,213 0 0
NUTRIEN LTD CO COM COM 67077M108   1,197 16,220 SH   SOLE   1,197 0 0
PFIZER INC COM 717081103   1,184 29,023 SH   SOLE   1,184 0 0
CLEVELAND-CLIFFS, INC. COM 185899101   1,173 64,025 SH   SOLE   1,173 0 0
INGERSOLL-RAND COMPANY COM G47791101   1,137 19,551 SH   SOLE   1,137 0 0
PENSKE AUTOMOTIVE GROUP COM 70959W103   1,134 8,000 SH   SOLE   1,134 0 0
BRISTOL MYERS SQUIBB CO COM 110122108   1,126 16,250 SH   SOLE   1,126 0 0
HESS CORPORATION COM 42809H107   1,111 8,400 SH   SOLE   1,111 0 0
ENBRIDGE INC. COM 29250N105   1,108 29,058 SH   SOLE   1,108 0 0
METLIFE INC COM 59156R108   1,086 18,750 SH   SOLE   1,086 0 0
TIMKENSTEEL CORP COM COM 887399103   1,010 55,100 SH   SOLE   1,010 0 0
ALLEGHENY TECH INC COM 01741R102   1,002 25,400 SH   SOLE   1,002 0 0
FIDELITY NATL INFO SVCS COM 31620M106   996 18,342 SH   SOLE   996 0 0
NORTHERN TRUST CORP COM 665859104   973 11,050 SH   SOLE   973 0 0
STEEL DYNAMICS INC COM 858119100   972 8,600 SH   SOLE   972 0 0
GENUINE PARTS CO COM COM 372460105   946 5,660 SH   SOLE   946 0 0
FRANCO NEVADA CORP. COM 351858105   944 6,475 SH   SOLE   944 0 0
COMMERCIAL METALS CO COM 201723103   889 18,200 SH   SOLE   889 0 0
CSX CORP COM 126408103   883 29,500 SH   SOLE   883 0 0
MARKEL CORP. COM 570535104   875 685 SH   SOLE   875 0 0
MOSAIC CO NEW COM 61945C103   864 18,850 SH   SOLE   864 0 0
ORGANON & CO. COM 68622V106   859 36,540 SH   SOLE   859 0 0
US STEEL CORP. COM 912909108   855 32,775 SH   SOLE   855 0 0
SPIRE COM 84857L101   824 11,750 SH   SOLE   824 0 0
GOODYEAR TIRE & RUBBER COM 382550101   823 74,700 SH   SOLE   823 0 0
THE CHARLES SCHWAB CORP COM 808513105   813 15,529 SH   SOLE   813 0 0
ALLEGION PUBLIC LTD. CO. COM G0176J109   809 7,585 SH   SOLE   809 0 0
3M COMPANY COM 88579Y101   790 7,520 SH   SOLE   790 0 0
CORNING INC. COM 219350105   765 21,700 SH   SOLE   765 0 0
COTERRA ENERGY INC. COM 127097103   758 30,914 SH   SOLE   758 0 0
LILLY ELI & COMPANY COM 532457108   755 2,200 SH   SOLE   755 0 0
SCHWAB US TIPS ETF COM 808524870   750 14,000 SH   SOLE   750 0 0
SHERWIN WILLIAMS CO COM 824348106   741 3,300 SH   SOLE   741 0 0
RAYTHEON TECHNOLOGIES CO. COM 75513E101   726 7,420 SH   SOLE   726 0 0
VERIZON COMM COM 92343V104   692 17,811 SH   SOLE   692 0 0
OCCIDENTAL PETE CORP COM 674599105   679 10,889 SH   SOLE   679 0 0
INTERCONTINENTAL EXCHANGE COM 45866F104   625 6,000 SH   SOLE   625 0 0
DUKE ENERGY CORPORATION COM 26441C105   620 6,430 SH   SOLE   620 0 0
PERMIAN BASIN ROYALTY TR COM 714236106   619 25,400 SH   SOLE   619 0 0
SPROUTS FARMERS MKT COM 85208M102   616 17,600 SH   SOLE   616 0 0
AMERICAN STATES WATER CO COM 029899101   604 6,800 SH   SOLE   604 0 0
PACCAR INC COM 693718108   603 8,249 SH   SOLE   603 0 0
BRIGHTHOUSE FINL INC COM COM 10922N103   599 13,600 SH   SOLE   599 0 0
EASTMAN CHEMICAL COM 277432100   598 7,100 SH   SOLE   598 0 0
COMERICA INC. COM 200340107   564 12,990 SH   SOLE   564 0 0
BANK OF NEW YORK CO INC COM 064058100   563 12,400 SH   SOLE   563 0 0
KINDER MORGAN INC COM 49456B101   554 31,668 SH   SOLE   554 0 0
ALAMOS GOLD INC. COM 011532108   550 45,000 SH   SOLE   550 0 0
SHELL PLC. COM 780259305   549 9,548 SH   SOLE   549 0 0
ARTESIAN RES CORP CLA COM 043113208   543 9,813 SH   SOLE   543 0 0
MATIV HLDGS. INC. COM 808541106   541 25,230 SH   SOLE   541 0 0
MACYS INC. COM 55616P104   534 30,550 SH   SOLE   534 0 0
OLD REPUBLIC INTL CORP COM 680223104   530 21,233 SH   SOLE   530 0 0
TRANSOCEAN SEDCO FOREX COM H8817H100   525 82,687 SH   SOLE   525 0 0
DOMINION RESOURCES INC. COM 25746U109   518 9,275 SH   SOLE   518 0 0
NEXTERA ENERGY INC COM 65339F101   515 6,692 SH   SOLE   515 0 0
TRANSDIGM GROUP INC. COM 893641100   504 685 SH   SOLE   504 0 0
NETAPP INC. COM 64110D104   491 7,700 SH   SOLE   491 0 0
ASTRAZENECA PLC ADR COM 046353108   489 7,046 SH   SOLE   489 0 0
AEROJET ROCKETDYNE HLDGS INC C OM COM 007800105   488 8,700 SH   SOLE   488 0 0
HELMERICH & PAYNE INC COM 423452101   487 13,625 SH   SOLE   487 0 0
STANLEY BLACK & DECKER INC. COM 854502101   481 5,975 SH   SOLE   481 0 0
DIAMONDBACK ENERGY COM 25278X109   467 3,457 SH   SOLE   467 0 0
CHURCHILL DOWNS INC KY COM 171484108   462 1,800 SH   SOLE   462 0 0
BP PLC COM 055622104   462 12,192 SH   SOLE   462 0 0
IMPERIAL OIL LTD COM 453038408   457 9,000 SH   SOLE   457 0 0
AMGEN INC COM 031162100   454 1,880 SH   SOLE   454 0 0
ANGLOGOLD LTD COM 035128206   439 18,188 SH   SOLE   439 0 0
VALVOLINE INC. COM 92047W101   433 12,400 SH   SOLE   433 0 0
NO EUROPEAN OIL TR COM 659310106   428 34,700 SH   SOLE   428 0 0
HF SINCLAIR CORP. COM 403949100   425 8,800 SH   SOLE   425 0 0
KROGER CO COM 501044101   414 8,400 SH   SOLE   414 0 0
MATSON INC COM COM 57686G105   405 6,800 SH   SOLE   405 0 0
VIATRIS INC. COM 92556V106   404 42,070 SH   SOLE   404 0 0
DISCOVER FINL SVCS COM COM 254709108   395 4,000 SH   SOLE   395 0 0
CHEMOURS COMPANY COM 163851108   389 13,018 SH   SOLE   389 0 0
AVERY DENNISON CORP COM 053611109   375 2,100 SH   SOLE   375 0 0
INTL BUSINESS MACHINES COM 459200101   369 2,822 SH   SOLE   369 0 0
GAP INC COM 364760108   361 35,975 SH   SOLE   361 0 0
ONE GAS INC COM COM 68235P108   361 4,558 SH   SOLE   361 0 0
PREFORMED LINE PRODS INC COM 740444104   358 2,800 SH   SOLE   358 0 0
CALERES INC. COM 129500104   356 16,500 SH   SOLE   356 0 0
INTEL COM 458140100   355 10,878 SH   SOLE   355 0 0
CARRIER GLOBAL CORP. COM 14448C104   342 7,481 SH   SOLE   342 0 0
BARRICK GOLD COM 067901108   341 18,400 SH   SOLE   341 0 0
KNOWLES CORP COM COM 49926D109   335 19,744 SH   SOLE   335 0 0
ZOETIS INC. COM 98978V103   332 2,000 SH   SOLE   332 0 0
AMER ELECTRIC PWR CO INC COM 025537101   331 3,645 SH   SOLE   331 0 0
ASHLAND INC COM 044186104   328 3,200 SH   SOLE   328 0 0
AGNICO-EAGLE MINES LTD COM 008474108   327 6,425 SH   SOLE   327 0 0
OVINTIV INC. COM 69047Q102   313 8,700 SH   SOLE   313 0 0
FORD MOTOR COMPANY COM 345370860   310 24,650 SH   SOLE   310 0 0
FLUOR CORPORATION COM 343412102   309 10,000 SH   SOLE   309 0 0
Prosperity Bancshare COM 743606105   306 4,977 SH   SOLE   306 0 0
OTIS WORLDWIDE CORP. COM 68902V107   306 3,628 SH   SOLE   306 0 0
CULLEN FROST BANKERS COM 229899109   305 2,900 SH   SOLE   305 0 0
EXPEDITORS INTL WASH COM 302130109   297 2,700 SH   SOLE   297 0 0
PIONEER NATURAL RES CO COM 723787107   285 1,400 SH   SOLE   285 0 0
PAYCHEX INC COM 704326107   282 2,466 SH   SOLE   282 0 0
BECTON DICKINSON & CO COM 075887109   282 1,140 SH   SOLE   282 0 0
HALLIBURTON COMPANY COM 406216101   280 8,870 SH   SOLE   280 0 0
REGIONS FINANCIAL CP NEW COM 7591EP100   278 15,001 SH   SOLE   278 0 0
DENNYS CORP COM 24869P104   273 24,500 SH   SOLE   273 0 0
CALAVO GROWERS INC COM 128246105   273 9,500 SH   SOLE   273 0 0
MUELLER WATER PRODUCTS COM 624758108   257 18,500 SH   SOLE   257 0 0
O REILLY AUTOMOTIVE INC COM 67103H107   254 300 SH   SOLE   254 0 0
BADGER METER INC COM 056525108   243 2,000 SH   SOLE   243 0 0
GLOBAL PAYMENTS INC. COM 37940X102   242 2,300 SH   SOLE   242 0 0
WELLS FARGO & CO NEW COM 949746101   239 6,418 SH   SOLE   239 0 0
NUVEEN QUALITY MUNICIPAL COM 67066V101   233 20,261 SH   SOLE   233 0 0
INTERNATIONAL PAPER CO COM 460146103   233 6,463 SH   SOLE   233 0 0
PNC BANK CORP COM 693475105   230 1,810 SH   SOLE   230 0 0
LATTICE SEMICONDUCTOR CP COM 518415104   229 2,400 SH   SOLE   229 0 0
APACHE CORP COM 03743Q108   227 6,300 SH   SOLE   227 0 0
XEROX CORP COM 984121103   226 14,708 SH   SOLE   226 0 0
KEURIG DR PEPPER INC. COM 49271V100   222 6,300 SH   SOLE   222 0 0
KELLOGG COMPANY COM 487836108   221 3,310 SH   SOLE   221 0 0
ILLINOIS TOOL WORKS COM 452308109   219 900 SH   SOLE   219 0 0
HUNTINGTON BANCSHARES INC COM 446150104   217 19,451 SH   SOLE   217 0 0
PARK NATIONAL CORP COM 700658107   213 1,800 SH   SOLE   213 0 0
RALPH LAUREN CORP. COM 751212101   210 1,800 SH   SOLE   210 0 0
DEVON ENERGY CP NEW COM 25179M103   204 4,050 SH   SOLE   204 0 0
VANGUARD TOTAL STK MKT TST COM 922908769   204 1,000 SH   SOLE   204 0 0
KEYCORP COM 493267108   203 16,266 SH   SOLE   203 0 0
COLGATE-PALMOLIVE CO COM 194162103   202 2,700 SH   SOLE   202 0 0
BAKER HUGHES CO. COM 05722G100   202 7,000 SH   SOLE   202 0 0
KINROSS GOLD CORP NEW COM 496902404   193 41,100 SH   SOLE   193 0 0
KOSMOS ENERGY LTD COM 500688106   182 24,500 SH   SOLE   182 0 0
DNP SELECT INCOME FUND COM 23325P104   161 14,655 SH   SOLE   161 0 0
INTEVAC INC COM 461148108   122 16,700 SH   SOLE   122 0 0
SOLITARIO EXPLORATION COM 8342EP107   115 175,000 SH   SOLE   115 0 0
CHICOS FAS INC COM 168615102   79 14,400 SH   SOLE   79 0 0
ACCO BRANDS CORP COM COM 00081T108   61 11,500 SH   SOLE   61 0 0
SOUTHWESTERN ENERGY CO COM 845467109   53 10,700 SH   SOLE   53 0 0
FARMER BROS. CO. COM 307675108   49 12,750 SH   SOLE   49 0 0
IAMGOLD CORPORATION COM 450913108   46 17,000 SH   SOLE   46 0 0
ORION MARINE GROUP COM 68628V308   38 15,000 SH   SOLE   38 0 0