Tufton Capital Management 13F-HR Quarterly holdings report by institutional manager

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
Expires:	Oct 31, 2018
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
3M COMPANY	COM	88579y101	6,481	46,212	SH		SOLE		0	0	46,212
ABBOTT LABS	COM	002824100	2,955	77,088	SH		SOLE		0	0	77,088
ABBVIE INC	COM	00287y109	4,049	76,672	SH		SOLE		0	0	76,672
AKAMAI TECHNOLOGIES INC	COM	00971t101	747	15,832	SH		SOLE		0	0	15,832
ALTRIA GROUP INC	COM	02209s103	2,572	67,008	SH		SOLE		0	0	67,008
AMERICAN CAP LTD	COM	02503y103	1,053	67,296	SH		SOLE		0	0	67,296
AMGEN INC COM PV $0.0001	COM	031162100	3,381	29,638	SH		SOLE		0	0	29,638
APACHE CORP	COM	037411105	2,490	28,971	SH		SOLE		0	0	28,971
APPLE INC	COM	037833100	358	639	SH		SOLE		0	0	639
APPLIED MINERALS INC COM	COM	03823m100	16	15,000	SH		SOLE		0	0	15,000
AT& T INC	COM	00206r102	6,311	179,494	SH		SOLE		0	0	179,494
AUTOMATIC DATA PROC	COM	053015103	7,572	93,715	SH		SOLE		0	0	93,715
BANK OF AMERICA CORP	COM	060505104	2,541	163,209	SH		SOLE		0	0	163,209
BERKSHIRE HATHAWAY B	COM	084670702	444	3,749	SH		SOLE		0	0	3,749
BOEING CO COM	COM	097023105	5,103	37,387	SH		SOLE		0	0	37,387
BRISTOL-MYERS SQUIBB CO	COM	110122108	7,909	148,809	SH		SOLE		0	0	148,809
BROWN FORMAN CORP CL B	COM	115637209	281	3,723	SH		SOLE		0	0	3,723
CAPITAL ONE FINL	COM	14040h105	8,308	108,440	SH		SOLE		0	0	108,440
CATERPILLAR INC DEL	COM	149123101	6,724	74,048	SH		SOLE		0	0	74,048
CELGENE CORP	COM	151020104	3,102	18,356	SH		SOLE		0	0	18,356
CHESAPEAKE UTILS CORP COM	COM	165303108	4,300	71,650	SH		SOLE		0	0	71,650
CHEVRON CORP	COM	166764100	6,845	54,802	SH		SOLE		0	0	54,802
CHIPOTLE MEXICAN GRILL	COM	169656105	208	390	SH		SOLE		0	0	390
CHUBB CORP	COM	171232101	6,916	71,567	SH		SOLE		0	0	71,567
CISCO SYSTEMS INC COM	COM	17275r102	626	27,917	SH		SOLE		0	0	27,917
CLIFFS NATURAL RESOURCES INC	COM	18683k101	2,785	106,247	SH		SOLE		0	0	106,247
COCA COLA COM	COM	191216100	6,655	161,101	SH		SOLE		0	0	161,101
COLGATE PALMOLIVE	COM	194162103	6,326	97,002	SH		SOLE		0	0	97,002
COMCAST CRP NEW CL A SPL	COM	20030n200	2,819	56,509	SH		SOLE		0	0	56,509
COMPUTER SERVICES INC KY	COM	20539a105	538	16,204	SH		SOLE		0	0	16,204
CORNING INC	COM	219350105	7,485	420,029	SH		SOLE		0	0	420,029
DEERE CO	COM	244199105	320	3,500	SH		SOLE		0	0	3,500
DIAMOND OFFSHORE DRLNG	COM	25271c102	4,510	79,229	SH		SOLE		0	0	79,229
DIEBOLD INC	COM	253651103	256	7,766	SH		SOLE		0	0	7,766
DISNEY (WALT) CO COM STK	COM	254687106	4,270	55,890	SH		SOLE		0	0	55,890
DOMINION RES INC NEW VA	COM	25746u109	212	3,274	SH		SOLE		0	0	3,274
DU PONT E I DE NEMOURS	COM	263534109	10,679	164,365	SH		SOLE		0	0	164,365
DUKE ENERGY CORP NEW	COM	26441c204	4,213	61,056	SH		SOLE		0	0	61,056
EASTERN ASTERIA INC	COM	276252103	0	2,500,000	SH		SOLE		0	0	2,500,000
EATON CORP plc	COM	G29183103	304	4,000	SH		SOLE		0	0	4,000
ECOSPHER TECHNOLOGIES INC	COM	27922x105	3	10,500	SH		SOLE		0	0	10,500
EMERSON ELEC CO	COM	291011104	7,288	103,854	SH		SOLE		0	0	103,854
ENERGIZ RENEWABLE INC COM	COM	29269e104	0	20,000	SH		SOLE		0	0	20,000
ENTERPRISE PRDTS PRTN LPL P	COM	293792107	6,327	95,427	SH		SOLE		0	0	95,427
EQT CORPORATION	COM	294549100	942	10,493	SH		SOLE		0	0	10,493
EXXON MOBIL CORP COM	COM	30231g102	21,220	209,680	SH		SOLE		0	0	209,680
FREEPRT-MCMRAN CPR & GLD	COM	35671d857	1,131	29,960	SH		SOLE		0	0	29,960
GENERAL ELECTRIC	COM	369604103	14,660	523,014	SH		SOLE		0	0	523,014
GENERAL MILLS	COM	370334104	216	4,329	SH		SOLE		0	0	4,329
GOOGLE INC CL A	COM	38259p508	4,213	3,759	SH		SOLE		0	0	3,759
HARLEY DAVIDSON INC COM	COM	412822108	5,559	80,292	SH		SOLE		0	0	80,292
HEWLETT PACKARD CO DEL	COM	428236103	2,933	104,808	SH		SOLE		0	0	104,808
INTEL CORP	COM	458140100	9,450	364,085	SH		SOLE		0	0	364,085
INTL BUSINESS MACHINES CORP	COM	459200101	10,091	53,800	SH		SOLE		0	0	53,800
JOHNSON AND JOHNSON COM	COM	478160104	10,006	109,248	SH		SOLE		0	0	109,248
JPMORGAN CHASE & CO	COM	46625h100	12,086	206,666	SH		SOLE		0	0	206,666
KIMBERLY CLARK	COM	494368103	1,084	10,377	SH		SOLE		0	0	10,377
KINDER MORGAN PARTNERS LP	COM	494550106	257	3,182	SH		SOLE		0	0	3,182
KRAFT FOODS GROUP INC	COM	50076q106	3,380	62,694	SH		SOLE		0	0	62,694
LEGGETT&PLATT INC PV1CT	COM	524660107	2,971	96,038	SH		SOLE		0	0	96,038
LOCKHEED MARTIN CORP	COM	539830109	6,189	41,630	SH		SOLE		0	0	41,630
LOWE'S COMPANIES INC	COM	548661107	5,571	112,427	SH		SOLE		0	0	112,427
M&T BANK CORPORATION	COM	55261f104	810	6,961	SH		SOLE		0	0	6,961
MERCK AND CO INC SHS	COM	58933y105	7,805	155,952	SH		SOLE		0	0	155,952
MICROSOFT CORP	COM	594918104	9,458	252,824	SH		SOLE		0	0	252,824
MILLENNIAL MEDIA INC	COM	60040n105	1,711	235,330	SH		SOLE		0	0	235,330
MONDELEZ INTERNATIONAL, INC	COM	609207105	3,432	97,215	SH		SOLE		0	0	97,215
MOSAIC CO	COM	61945c103	1,611	34,080	SH		SOLE		0	0	34,080
NEWELL RUBBERMAID INC	COM	651229106	5,551	171,270	SH		SOLE		0	0	171,270
NEWMONT MINING CORP COM	COM	651639106	1,350	58,598	SH		SOLE		0	0	58,598
NOBLE ENERGY INC	COM	655044105	1,090	16,000	SH		SOLE		0	0	16,000
NORDSTROM INC COM	COM	655664100	3,478	56,278	SH		SOLE		0	0	56,278
NORFOLK SOUTHERN CORP	COM	655844108	8,199	88,323	SH		SOLE		0	0	88,323
NUCOR CORPORATION	COM	670346105	6,096	114,198	SH		SOLE		0	0	114,198
OCCIDENTAL PETE CP DEL COM	COM	674599105	351	3,695	SH		SOLE		0	0	3,695
OLIN CORP $1 NEW	COM	680665205	4,022	139,395	SH		SOLE		0	0	139,395
ORACLE CORP $0.01 DEL	COM	68389x105	12,868	336,326	SH		SOLE		0	0	336,326
PACCAR INC	COM	693718108	4,322	73,036	SH		SOLE		0	0	73,036
PEPSICO INC	COM	713448108	4,538	54,713	SH		SOLE		0	0	54,713
PFIZER INC	COM	717081103	575	18,770	SH		SOLE		0	0	18,770
PHILIP MORRIS INTL INC	COM	718172109	2,608	29,933	SH		SOLE		0	0	29,933
PNC FINCL SERVICES GROUP	COM	693475105	1,181	15,228	SH		SOLE		0	0	15,228
PPG INDUSTRIES INC SHS	COM	693506107	1,939	10,225	SH		SOLE		0	0	10,225
PRAXAIR INC	COM	74005p104	234	1,797	SH		SOLE		0	0	1,797
PRICE T ROWE GROUP INC	COM	74144t108	4,423	52,796	SH		SOLE		0	0	52,796
PROCTER & GAMBLE CO	COM	742718109	9,753	119,804	SH		SOLE		0	0	119,804
QUALCOMM INC	COM	747525103	7,564	101,867	SH		SOLE		0	0	101,867
QUIKSILVER INC	COM	74838c106	2,279	259,916	SH		SOLE		0	0	259,916
SCHLUMBERGER LTD	COM	806857108	1,378	15,291	SH		SOLE		0	0	15,291
SPDR DOW JONES INDUST AVETF TR	COM	78467x109	1,842	11,129	SH		SOLE		0	0	11,129
SPDR S P DIVID ETF	COM	78464a763	237	3,265	SH		SOLE		0	0	3,265
STANDARD&POORS DEP RCPT	COM	78462f103	1,910	10,340	SH		SOLE		0	0	10,340
STAPLES INC COM	COM	855030102	6,272	394,725	SH		SOLE		0	0	394,725
SYSCO CORPORATION	COM	871829107	4,806	133,137	SH		SOLE		0	0	133,137
TARGET CORP COM	COM	87612e106	9,458	149,487	SH		SOLE		0	0	149,487
TIFFANY & CO NEW	COM	886547108	2,078	22,395	SH		SOLE		0	0	22,395
TJX COS INC NEW	COM	872540109	255	4,000	SH		SOLE		0	0	4,000
TRIQUINT SEMICONDUCTOR	COM	89674k103	2,596	311,224	SH		SOLE		0	0	311,224
UNDER ARMOUR INC	COM	904311107	232	2,660	SH		SOLE		0	0	2,660
UNITED PARCEL SVC CL B	COM	911312106	4,023	38,285	SH		SOLE		0	0	38,285
UNITED TECHS CORP	COM	913017109	10,974	96,431	SH		SOLE		0	0	96,431
UNITEDHEALTH GROUP INC	COM	91324p102	892	11,852	SH		SOLE		0	0	11,852
V F CORPORATION	COM	918204108	2,364	37,928	SH		SOLE		0	0	37,928
VARIAN MEDICAL SYS INC	COM	92220p105	1,077	13,865	SH		SOLE		0	0	13,865
VERISK ANALYICS, INC.	COM	92345y106	3,459	52,625	SH		SOLE		0	0	52,625
VERIZON COMMUNICATNS COM	COM	92343v104	4,276	87,016	SH		SOLE		0	0	87,016
WASH R E INV TR SBI $.01REIT	COM	939653101	4,634	198,355	SH		SOLE		0	0	198,355
WELLPOINT INC	COM	94973v107	767	8,300	SH		SOLE		0	0	8,300
WELLS FARGO & CO NEW DEL	COM	949746101	7,020	154,633	SH		SOLE		0	0	154,633
WHITE MTN TITANIUM CP COM	COM	964109102	5	10,000	SH		SOLE		0	0	10,000
ENSCO PLC CLASS A	INT	g3157s106	631	11,042	SH		SOLE		0	0	11,042
PRECISION DRILLING CORP	INT	74022d308	376	40,163	SH		SOLE		0	0	40,163
QUATERRA RESOURCES INC	INT	747952109	12	134,700	SH		SOLE		0	0	134,700
TAIWAN S MANUFCTRING ADR	INT	874039100	1,741	99,802	SH		SOLE		0	0	99,802
TEVA PHARM ADR	INT	881624209	2,544	63,480	SH		SOLE		0	0	63,480
VANGUARD FTSE ALL WORLD - EX U	INT	922042718	2,147	20,860	SH		SOLE		0	0	20,860
VANGUARD FTSE ALL WORLD EX US	INT	922042775	7,355	144,981	SH		SOLE		0	0	144,981
VANGUARD FTSE DEVELOPED MARKET	INT	921943858	539	12,933	SH		SOLE		0	0	12,933
VANGUARD MSCI EMERGING MARKETS	INT	922042858	1,800	43,741	SH		SOLE		0	0	43,741
VODAFONE GROUP PLC (NEW)	INT	92857w209	3,729	94,849	SH		SOLE		0	0	94,849