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 CO COM	COM	88579Y101	4,785	21,799	SH		SOLE		0	0	21,799
ABBOTT LABS COM	COM	002824100	6,653	111,039	SH		SOLE		0	0	111,039
ABBVIE INC COM	COM	00287Y109	11,366	120,086	SH		SOLE		0	0	120,086
AIR PRODS & CHEMS INC COM	COM	009158106	333	2,100	SH		SOLE		0	0	2,100
ALPHABET INC CAP STK CL A	COM	02079K305	1,984	1,913	SH		SOLE		0	0	1,913
ALPHABET INC CAP STK CL C	COM	02079K107	9,391	9,102	SH		SOLE		0	0	9,102
ALTRIA GROUP INC COM	COM	02209S103	3,250	52,166	SH		SOLE		0	0	52,166
AMAZON COM INC COM	COM	023135106	303	210	SH		SOLE		0	0	210
AMERICAN EXPRESS CO COM	COM	025816109	256	2,753	SH		SOLE		0	0	2,753
ANTHEM INC COM	COM	036752103	1,076	4,900	SH		SOLE		0	0	4,900
APPLE INC COM	COM	037833100	1,376	8,204	SH		SOLE		0	0	8,204
AT&T INC COM	COM	00206R102	6,916	194,020	SH		SOLE		0	0	194,020
AUTOMATIC DATA PROCESSING INC	COM	053015103	9,041	79,671	SH		SOLE		0	0	79,671
BANK AMER CORP COM	COM	060505104	5,245	174,902	SH		SOLE		0	0	174,902
BERKSHIRE HATHAWAY INC DEL CL	COM	084670108	299	1	SH		SOLE		0	0	1
BERKSHIRE HATHAWAY INC DEL CL	COM	084670702	1,363	6,834	SH		SOLE		0	0	6,834
BOEING CO COM	COM	097023105	5,103	15,563	SH		SOLE		0	0	15,563
BRISTOL MYERS SQUIBB CO COM	COM	110122108	10,652	168,422	SH		SOLE		0	0	168,422
BROWN FORMAN CORP	COM	115637209	520	9,563	SH		SOLE		0	0	9,563
CAPITAL ONE FINL CORP COM	COM	14040H105	1,871	19,533	SH		SOLE		0	0	19,533
CATERPILLAR INC DEL COM	COM	149123101	10,692	72,548	SH		SOLE		0	0	72,548
CELGENE CORP COM	COM	151020104	1,760	19,738	SH		SOLE		0	0	19,738
CHESAPEAKE UTILS CORP COM	COM	165303108	7,504	106,679	SH		SOLE		0	0	106,679
CHEVRON CORP NEW COM	COM	166764100	8,332	73,064	SH		SOLE		0	0	73,064
CHIPOTLE MEXICAN GRILL INC COM	COM	169656105	287	890	SH		SOLE		0	0	890
CHUBB LTD New	COM	h1467j104	4,020	29,399	SH		SOLE		0	0	29,399
CISCO SYS INC COM	COM	17275R102	311	7,256	SH		SOLE		0	0	7,256
COCA COLA CO COM	COM	191216100	3,501	80,614	SH		SOLE		0	0	80,614
COLGATE PALMOLIVE CO COM	COM	194162103	6,089	84,951	SH		SOLE		0	0	84,951
COMCAST CORP NEW CL A	COM	20030n101	455	13,331	SH		SOLE		0	0	13,331
COMPUTER SVCS INC COM	COM	20539A105	726	16,204	SH		SOLE		0	0	16,204
CORNING INC COM	COM	219350105	6,398	229,517	SH		SOLE		0	0	229,517
COSTCO WHSL CORP NEW COM	COM	22160K105	551	2,925	SH		SOLE		0	0	2,925
COTY INC COM CL A	COM	222070203	1,206	65,907	SH		SOLE		0	0	65,907
CSX CORP COM	COM	126408103	295	5,300	SH		SOLE		0	0	5,300
CVS HEALTH CORP COM	COM	126650100	201	3,233	SH		SOLE		0	0	3,233
DANAHER CORP DEL COM	COM	235851102	299	3,060	SH		SOLE		0	0	3,060
DEERE & CO COM	COM	244199105	481	3,100	SH		SOLE		0	0	3,100
DISNEY WALT CO COM	COM	254687106	4,657	46,371	SH		SOLE		0	0	46,371
DOWDUPONT INC COM	COM	26078J100	9,002	141,301	SH		SOLE		0	0	141,301
DUKE ENERGY CORP NEW COM NEW	COM	26441C204	5,617	72,517	SH		SOLE		0	0	72,517
ECOSPHERE TECH INC COM	COM	27922X105	0	10,500	SH		SOLE		0	0	10,500
EMERSON ELEC CO COM	COM	291011104	9,402	137,664	SH		SOLE		0	0	137,664
ENTERPRISE PRODS PARTNERS L P	COM	293792107	6,321	258,226	SH		SOLE		0	0	258,226
EXXON MOBIL CORP COM	COM	30231G102	12,396	166,155	SH		SOLE		0	0	166,155
FARMER & MERCHANTS BANCORP INC	COM	30779N105	524	13,000	SH		SOLE		0	0	13,000
FIDELITY MSCI RL EST ETF	COM	316092857	492	21,544	SH		SOLE		0	0	21,544
GENERAL ELECTRIC CO COM	COM	369604103	5,601	415,539	SH		SOLE		0	0	415,539
HARLEY DAVIDSON INC COM	COM	412822108	5,541	129,239	SH		SOLE		0	0	129,239
HELMERICH & PAYNE INC COM	COM	423452101	5,062	76,055	SH		SOLE		0	0	76,055
HERCULES CAPITAL INC	COM	427096508	299	24,758	SH		SOLE		0	0	24,758
HEWLETT PACKARD ENTERPRISE CO	COM	42824C109	790	45,061	SH		SOLE		0	0	45,061
HOME DEPOT INC COM	COM	437076102	239	1,346	SH		SOLE		0	0	1,346
HONEYWELL INTL INC COM	COM	438516106	274	1,900	SH		SOLE		0	0	1,900
HP INC COM	COM	40434L105	528	24,103	SH		SOLE		0	0	24,103
INTEL CORP COM	COM	458140100	15,442	296,509	SH		SOLE		0	0	296,509
INTERNATIONAL BUSINESS MACHS C	COM	459200101	9,496	61,893	SH		SOLE		0	0	61,893
ISHARES CORE S&P 500 ETF	COM	464287200	644	2,427	SH		SOLE		0	0	2,427
ISHARES CORE S&P MID-CAP ETF	COM	464287507	563	3,005	SH		SOLE		0	0	3,005
ISHARES CORE S&P SMALL-CAP ETF	COM	464287804	467	6,075	SH		SOLE		0	0	6,075
ISHARES TR NORTH AMERN TECH ET	COM	464287549	484	2,700	SH		SOLE		0	0	2,700
JOHNSON & JOHNSON COM	COM	478160104	11,261	87,876	SH		SOLE		0	0	87,876
JPMORGAN CHASE & CO COM	COM	46625H100	15,453	140,525	SH		SOLE		0	0	140,525
KEYW HOLDINGS CORP	COM	493723100	180	22,935	SH		SOLE		0	0	22,935
KIPS BAY MED INC COM	COM	49726k105	0	10,000	SH		SOLE		0	0	10,000
KRAFT HEINZ CO COM	COM	500754106	5,063	81,291	SH		SOLE		0	0	81,291
LEGGETT & PLATT INC COM	COM	524660107	2,218	50,009	SH		SOLE		0	0	50,009
LOCKHEED MARTIN CORP COM	COM	539830109	9,578	28,345	SH		SOLE		0	0	28,345
LOWES COS INC COM	COM	548661107	447	5,100	SH		SOLE		0	0	5,100
M & T BK CORP COM	COM	55261F104	381	2,067	SH		SOLE		0	0	2,067
MCCORMICK & CO INC COM NON VTG	COM	579780206	2,444	22,977	SH		SOLE		0	0	22,977
MCCORMICK & CO INC COM VTG	COM	579780107	41,605	392,025	SH		SOLE		0	0	392,025
MERCK & CO INC COM	COM	58933Y105	10,336	189,770	SH		SOLE		0	0	189,770
MFA FINANCIAL INC	COM	55272x102	124	16,550	SH		SOLE		0	0	16,550
MICROSOFT CORP COM	COM	594918104	16,327	178,890	SH		SOLE		0	0	178,890
MONDELEZ INTL INC CL A	COM	609207105	7,298	174,903	SH		SOLE		0	0	174,903
NETFLIX INC COM	COM	64110L106	217	735	SH		SOLE		0	0	735
NEWELL BRANDS INC.	COM	651229106	5,245	205,870	SH		SOLE		0	0	205,870
NEXTERA ENERGY INC COM	COM	65339F101	392	2,405	SH		SOLE		0	0	2,405
NOBLE ENERGY INC COM	COM	655044105	484	16,000	SH		SOLE		0	0	16,000
NORFOLK SOUTHERN CORP COM	COM	655844108	9,593	70,655	SH		SOLE		0	0	70,655
NUCOR CORP COM	COM	670346105	5,030	82,350	SH		SOLE		0	0	82,350
NVIDIA CORP COM	COM	67066g104	231	1,000	SH		SOLE		0	0	1,000
OCCIDENTAL PETE CORP DEL COM	COM	674599105	1,066	16,425	SH		SOLE		0	0	16,425
OLIN CORP COM PAR $1	COM	680665205	3,014	99,207	SH		SOLE		0	0	99,207
ORACLE CORP COM	COM	68389X105	10,890	238,040	SH		SOLE		0	0	238,040
PACCAR INC COM	COM	693718108	5,363	81,060	SH		SOLE		0	0	81,060
PAYPAL HLDGS INC COM	COM	70450Y103	647	8,532	SH		SOLE		0	0	8,532
PEPSICO INC COM	COM	713448108	4,656	42,659	SH		SOLE		0	0	42,659
PFIZER INC COM	COM	717081103	224	6,338	SH		SOLE		0	0	6,338
PHILIP MORRIS INTL INC COM	COM	718172109	3,977	40,014	SH		SOLE		0	0	40,014
PNC FINL SVCS GROUP INC COM	COM	693475105	1,593	10,534	SH		SOLE		0	0	10,534
POWERSHARES EXC TRADED FD TR I	COM	73937B779	405	8,638	SH		SOLE		0	0	8,638
PRICE T ROWE GROUP INC COM	COM	74144T108	912	8,450	SH		SOLE		0	0	8,450
PROCTER & GAMBLE CO COM	COM	742718109	9,020	113,784	SH		SOLE		0	0	113,784
QUALCOMM INC COM	COM	747525103	3,652	65,924	SH		SOLE		0	0	65,924
SCHLUMBERGER LTD COM	COM	806857108	453	6,996	SH		SOLE		0	0	6,996
SPDR DOW JONES INDL AVRG ETF U	COM	78467X109	2,761	11,438	SH		SOLE		0	0	11,438
SPDR S&P 500 ETF TR TR UNIT	COM	78462F103	1,503	5,714	SH		SOLE		0	0	5,714
SPDR SERIES TRUST S&P DIVID ET	COM	78464A763	1,512	16,582	SH		SOLE		0	0	16,582
SYSCO CORP COM	COM	871829107	2,509	41,851	SH		SOLE		0	0	41,851
TARGET CORP COM	COM	87612E106	11,411	164,364	SH		SOLE		0	0	164,364
THERMO FISHERSCIENTIFIC INC	COM	883556102	309	1,500	SH		SOLE		0	0	1,500
TIFFANY & CO NEW COM	COM	886547108	1,558	15,954	SH		SOLE		0	0	15,954
TJX COS INC NEW COM	COM	872540109	8,749	107,280	SH		SOLE		0	0	107,280
UNITED PARCEL SERVICE INC CL B	COM	911312106	4,230	40,425	SH		SOLE		0	0	40,425
UNITED TECHNOLOGIES CORP COM	COM	913017109	9,229	73,353	SH		SOLE		0	0	73,353
V F CORP COM	COM	918204108	8,590	115,896	SH		SOLE		0	0	115,896
VANECK VECTORS BIOTECH ETF	COM	92189f726	318	2,650	SH		SOLE		0	0	2,650
VARIAN MED SYS INC COM	COM	92220P105	1,786	14,565	SH		SOLE		0	0	14,565
VERIZON COMMUNICATIONS INC COM	COM	92343V104	7,405	154,869	SH		SOLE		0	0	154,869
WAL-MART STORES INC COM	COM	931142103	275	3,101	SH		SOLE		0	0	3,101
WASHINGTON REAL ESTATE INVT TR	COM	939653101	6,040	221,247	SH		SOLE		0	0	221,247
WELLS FARGO CO NEW COM	COM	949746101	8,699	165,988	SH		SOLE		0	0	165,988
WISDOMTREE TR LARGECAP DIVID	COM	97717W307	417	4,720	SH		SOLE		0	0	4,720
ZOETIS INC CL A	COM	98978V103	4,377	52,419	SH		SOLE		0	0	52,419
ISHARES CORE MSCI EAFE ETF	INT	46432f842	611	9,289	SH		SOLE		0	0	9,289
ISHARES CORE MSCI EMERGING MAR	INT	46434g103	249	4,277	SH		SOLE		0	0	4,277
ISHARES MSCI EAFE MIN VOL ETF	INT	46429b689	353	4,800	SH		SOLE		0	0	4,800
ISHARES MSCI EAFE SMALL-CAP ET	INT	464288273	314	4,828	SH		SOLE		0	0	4,828
ROYAL DUTCH SHELL ADR	INT	780259206	252	3,960	SH		SOLE		0	0	3,960
TAIWAN SEMICONDUCTOR MFG LTD S	INT	874039100	1,917	43,828	SH		SOLE		0	0	43,828
TATE & LYLE PLC SPONSORED ADR	INT	876570607	346	11,325	SH		SOLE		0	0	11,325
VANGUARD FTSE DEV MKT ETF	INT	921943858	755	17,070	SH		SOLE		0	0	17,070
VANGUARD INTL EQUITY INDEX FD	INT	922042775	376	6,919	SH		SOLE		0	0	6,919
VANGUARD INTL EQUITY INDEX FD	INT	922042858	1,461	31,100	SH		SOLE		0	0	31,100