Chesley Taft & Associates 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

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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	13,429	93,754	SH		SOLE		14,279	0	79,540
AGCO Corporation	COM	001084102	398	7,075	SH		SOLE		2,950	0	4,125
AMETEK, Inc.	COM	031100100	932	17,825	SH		SOLE		17,825	0	0
AT&T Inc.	COM	00206R102	4,035	114,113	SH		SOLE		94,835	0	19,378
AbbVie Inc.	COM	00287Y109	5,862	103,866	SH		SOLE		17,626	0	86,365
Abbott Laboratories	COM	002824100	14,354	350,960	SH		SOLE		46,223	0	304,137
Accenture PLC	COM	G1151C101	14,989	185,414	SH		SOLE		65,179	0	120,585
Ace Ltd Switzerland	COM	H0023R105	1,088	10,493	SH		SOLE		8,848	0	1,645
Actavis plc	COM	G0083B108	1,706	7,650	SH		SOLE		7,650	0	0
Advanced Viral Research Corp	COM	007928104	0	65,484	SH		SOLE		0	0	65,484
Aflac Inc.	COM	001055102	587	9,434	SH		SOLE		4,759	0	4,675
Agilent Technologies Inc.	COM	00846U101	3,426	59,645	SH		SOLE		57,301	0	2,344
Air Products & Chemicals Inc.	COM	009158106	2,913	22,645	SH		SOLE		22,170	0	625
Alcoa, Inc.	COM	013817101	226	15,156	SH		SOLE		0	0	15,156
Alexion Pharmaceuticals, Inc.	COM	015351109	823	5,268	SH		SOLE		5,268	0	0
Allergan, Inc.	COM	018490102	3,378	19,961	SH		SOLE		18,206	0	2,105
Allstate Corp	COM	020002101	898	15,292	SH		SOLE		14,180	0	1,112
Altria Group Inc.	COM	02209s103	323	7,713	SH		SOLE		6,512	0	3,901
Amazon.com, Inc.	COM	023135106	5,815	17,904	SH		SOLE		16,564	0	1,440
American Express	COM	025816109	406	4,282	SH		SOLE		2,882	0	1,400
AmerisourceBergen Corp	COM	03073e105	3,945	54,300	SH		SOLE		21,530	0	32,770
Amgen, Inc.	COM	031162100	861	7,272	SH		SOLE		4,638	0	2,634
Amphenol Corp CL A	COM	032095101	6,117	63,489	SH		SOLE		60,574	0	2,915
Anadarko Petroleum	COM	032511107	990	9,048	SH		SOLE		2,728	0	6,320
Apache Corp	COM	037411105	437	4,345	SH		SOLE		2,195	0	2,150
Apple Computer Inc.	COM	037833100	10,836	116,603	SH		SOLE		97,532	0	19,141
Archer Daniels Midland	COM	039483102	403	9,127	SH		SOLE		9,127	0	0
Ares Capital Corporation	COM	04010L103	756	42,315	SH		SOLE		41,275	0	1,040
Atwood Oceanics, Inc.	COM	050095108	792	15,095	SH		SOLE		4,570	0	10,525
AutoNation, Inc.	COM	05329W102	447	7,490	SH		SOLE		4,315	0	3,175
Automatic Data Processing	COM	053015103	2,533	31,955	SH		SOLE		13,780	0	18,175
Avago Technologies Ltd.	COM	Y0486S104	1,246	17,290	SH		SOLE		17,215	0	75
Avnet, Inc.	COM	053807103	238	5,375	SH		SOLE		1,125	0	4,250
Baxter International Inc.	COM	071813109	7,904	109,326	SH		SOLE		11,650	0	96,876
Becton Dickinson & Company	COM	075887109	701	5,925	SH		SOLE		2,450	0	3,475
Bed Bath & Beyond, Inc.	COM	075896100	359	6,250	SH		SOLE		4,300	0	1,950
Berkshire Hathaway Inc. - Clas	COM	084670108	380	2	SH		SOLE		0	0	2
Biogen IDEC, Inc.	COM	09062X103	208	659	SH		SOLE		659	0	0
Blackrock Inc	COM	09247X101	3,109	9,728	SH		SOLE		9,080	0	758
Boeing Company	COM	097023105	229	1,797	SH		SOLE		1,647	0	150
Bristol Myers Squibb Co	COM	110122108	930	19,174	SH		SOLE		15,674	0	3,500
Broadcom Corporation	COM	111320107	871	23,475	SH		SOLE		6,610	0	16,865
CBOE Holdings, Inc.	COM	12503m108	1,209	24,575	SH		SOLE		23,575	0	1,000
CBS Corp - Class B New	COM	124857202	206	3,320	SH		SOLE		28	0	3,292
CMS Energy Corporation	COM	125896100	785	25,200	SH		SOLE		24,500	0	700
CSX Corp	COM	126408103	532	17,262	SH		SOLE		17,262	0	0
CVS Caremark Corp	COM	126650100	8,322	110,418	SH		SOLE		19,118	0	90,300
Cameron International Corporat	COM	13342B105	239	3,530	SH		SOLE		3,105	0	425
Canadian National Railway Co.	COM	136375102	390	6,000	SH		SOLE		3,000	0	3,000
Canadian Pacific Railway Limit	COM	13645T100	308	1,700	SH		SOLE		1,700	0	0
Caterpillar Inc.	COM	149123101	884	8,136	SH		SOLE		8,136	0	70
Cedar Fair, L. P. Dep	COM	150185106	503	9,500	SH		SOLE		3,500	0	6,000
Celgene Corporation	COM	151020104	14,732	171,536	SH		SOLE		36,806	0	134,430
CenturyLink, Inc.	COM	156700106	208	5,744	SH		SOLE		5,600	0	144
Chevron Corp	COM	166764100	16,377	125,445	SH		SOLE		62,432	0	62,813
Chicago Bridge & Iron Company	COM	167250109	8,095	118,690	SH		SOLE		19,810	0	98,180
Chubb Corp	COM	171232101	607	6,585	SH		SOLE		900	0	5,685
Church & Dwight Company, Inc.	COM	171340102	9,115	130,310	SH		SOLE		16,200	0	112,910
Cisco Systems Inc.	COM	17275R102	1,075	43,245	SH		SOLE		35,970	0	7,275
Clorox Co	COM	189054109	210	2,300	SH		SOLE		2,300	0	0
Coca Cola Company	COM	191216100	10,137	239,310	SH		SOLE		41,952	0	197,358
Cognizant Technology Solutions	COM	192446102	7,732	158,082	SH		SOLE		141,382	0	17,400
Colgate Palmolive Company	COM	194162103	1,830	26,838	SH		SOLE		26,538	0	300
Comcast Corp-Cl A	COM	20030N101	1,008	18,778	SH		SOLE		18,604	0	174
ConocoPhillips	COM	20825c104	941	10,973	SH		SOLE		8,348	0	2,625
Continental Resources, Inc.	COM	212015101	11,196	70,840	SH		SOLE		9,140	0	61,300
Costco Wholesale Corp.	COM	22160K105	4,188	36,365	SH		SOLE		23,930	0	12,735
Cummins Inc.	COM	231021106	3,168	20,535	SH		SOLE		19,835	0	900
Danaher Corporation	COM	235851102	3,402	43,215	SH		SOLE		35,940	0	7,275
Deere & Company	COM	244199105	500	5,518	SH		SOLE		5,518	0	0
Digital Realty Trust, Inc.	COM	253868103	233	4,000	SH		SOLE		0	0	4,000
Dominion Resources	COM	25746U109	1,672	23,384	SH		SOLE		17,958	0	5,426
Dow Chemical Company	COM	260543103	746	14,493	SH		SOLE		14,218	0	275
Duke Energy Corporation	COM	26441C204	181	2,441	SH		SOLE		2,065	0	376
Dunkin' Brands Group, Inc.	COM	265504100	752	16,405	SH		SOLE		16,405	0	0
E I DuPont De Nemours & Co	COM	263534109	14,216	217,242	SH		SOLE		44,692	0	171,750
EMC Corporation	COM	268648102	5,203	197,521	SH		SOLE		178,771	0	20,050
EOG Resources	COM	26875P101	1,021	8,741	SH		SOLE		8,741	0	0
Ebay Inc.	COM	278642103	7,326	146,342	SH		SOLE		12,708	0	132,634
Ecolab Inc.	COM	278865100	18,505	166,205	SH		SOLE		89,460	0	76,445
Eli Lilly & Co.	COM	532457108	446	7,176	SH		SOLE		4,726	0	2,450
Emerson Electric Co.	COM	291011104	2,351	35,426	SH		SOLE		30,476	0	4,950
Encana Corporation	COM	292505104	2,381	100,420	SH		SOLE		8,230	0	92,190
Endocyte Inc.	COM	29269A102	151	22,850	SH		SOLE		3,000	0	19,850
Energy Transfer Equity L.P.	COM UT LTD PTN	29273V100	259	4,400	SH		SOLE		0	0	4,400
Enterprise Products Partners L	COM	293792107	204	2,610	SH		SOLE		200	0	2,410
Estee Lauder Companies, Inc.	COM	518439104	269	3,618	SH		SOLE		3,618	0	0
Exelon Corporation	COM	30161n101	266	7,294	SH		SOLE		4,944	0	2,350
Express Scripts Holding Co.	COM	30219G108	14,970	215,931	SH		SOLE		99,490	0	116,141
Extra Space Storage, Inc.	COM	30225T102	720	13,520	SH		SOLE		13,200	0	320
Exxon Mobil Corp	COM	30231G102	25,905	257,298	SH		SOLE		106,608	0	150,990
Facebook, Inc.	COM	30303M102	2,047	30,425	SH		SOLE		30,425	0	0
Family Dollar Stores, Inc.	COM	307000109	331	5,000	SH		SOLE		5,000	0	0
Fiserv Inc.	COM	337738108	2,847	47,195	SH		SOLE		13,545	0	33,650
Flowserve Corp	COM	34354P105	245	3,300	SH		SOLE		0	0	3,300
GAP Inc.	COM	364760108	218	5,250	SH		SOLE		1,125	0	4,125
Gannett Company Inc.	COM	364730101	770	24,600	SH		SOLE		24,300	0	300
General Dynamics Corp	COM	369550108	291	2,500	SH		SOLE		0	0	2,500
General Electric Corporation	COM	369604103	25,549	972,191	SH		SOLE		301,885	0	667,156
General Mills Inc.	COM	370334104	3,054	58,128	SH		SOLE		55,078	0	3,150
Genuine Parts Company	COM	372460105	643	7,325	SH		SOLE		7,325	0	0
Gilead Sciences, Inc.	COM	375558103	11,961	144,267	SH		SOLE		27,467	0	115,600
Glaxosmithkline Plc ADR	COM	37733W105	205	3,831	SH		SOLE		0	0	3,831
Google Inc. Cl A	COM	38259P508	6,189	10,585	SH		SOLE		3,627	0	6,913
Google Inc. Cl C	COM	38259P706	6,376	11,084	SH		SOLE		3,776	0	7,263
Grainger WW Inc	COM	384802104	5,183	20,385	SH		SOLE		14,958	0	5,527
HMS Holdings Corporation	COM	40425J101	1,262	61,850	SH		SOLE		57,825	0	4,025
Halliburton Co	COM	406216101	11,827	166,555	SH		SOLE		67,680	0	99,375
Health Care REIT, Inc.	COM	42217k106	1,680	26,800	SH		SOLE		17,550	0	9,250
Hershey Company	COM	427866108	3,754	38,550	SH		SOLE		25,740	0	13,160
Hess Corporation	COM	42809H107	215	2,176	SH		SOLE		2,176	0	0
Home Depot Inc.	COM	437076102	801	9,896	SH		SOLE		7,181	0	2,715
Honeywell International	COM	438516106	14,367	154,565	SH		SOLE		63,601	0	90,314
ITC Holdings Corporation	COM	465685105	884	24,235	SH		SOLE		24,235	0	0
Illinois Tool Works Inc.	COM	452308109	11,368	129,826	SH		SOLE		51,496	0	78,830
Intel Corporation	COM	458140100	10,105	327,039	SH		SOLE		31,666	0	295,373
IntercontinentalExchange Group	COM	45866F104	4,477	23,700	SH		SOLE		21,735	0	2,090
International Business Machine	COM	459200101	7,201	39,725	SH		SOLE		18,743	0	20,982
Intuit Inc.	COM	461202103	515	6,400	SH		SOLE		6,400	0	0
Iron Mountain Inc.	COM	462846106	1,190	33,575	SH		SOLE		33,125	0	450
iShares Core S&P MidCap	CORE S&P MCP ETF	464287507	12,980	90,717	SH		SOLE		76,599	0	13,993
iShares Core S&P SmallCap	CORE S&P SCP ETF	464287804	22,354	199,433	SH		SOLE		131,347	0	68,086
iShares Dow Jones US Oil & Gas	US OIL&GS EX ETF	464288851	1,854	19,100	SH		SOLE		17,025	0	2,075
iShares Dow Jones US Oil Equip	US OIL EQ&SV ETF	464288844	1,130	14,580	SH		SOLE		13,680	0	900
iShares Dow Jones U.S. Technol	U.S. TECH ETF	464287721	203	2,100	SH		SOLE		0	0	2,100
iShares Nasdaq Biotechnology I	NASDQ BIOTEC ETF	464287556	4,610	17,935	SH		SOLE		16,515	0	1,420
iShares Russell 1000 Growth In	RUS 1000 GRW ETF	464287614	559	6,153	SH		SOLE		4,703	0	850
iShares Russell 3000	RUSSELL 3000 ETF	464287689	474	4,030	SH		SOLE		4,030	0	0
iShares Russell Midcap Index F	RUS MID-CAP ETF	464287499	1,604	9,870	SH		SOLE		9,345	0	525
iShares S&P 500 Index Fund	CORE S&P500 ETF	464287200	1,133	5,751	SH		SOLE		5,651	0	100
iShares S&P Global Energy Inde	GLOBAL ENERG ETF	464287341	218	4,500	SH		SOLE		4,500	0	0
Isle of Capri Casinos, Inc.	COM	464592104	2,160	252,280	SH		SOLE		252,280	0	0
J P Morgan Chase & Co	COM	46625H100	5,959	103,426	SH		SOLE		94,031	0	9,895
Jacobs Engineering Group Inc	COM	469814107	4,351	81,658	SH		SOLE		75,663	0	6,495
Johnson & Johnson Co.	COM	478160104	24,451	233,714	SH		SOLE		45,876	0	188,138
Johnson Controls, Inc.	COM	478366107	10,373	207,754	SH		SOLE		27,258	0	180,496
Kellogg Company	COM	487836108	5,909	89,935	SH		SOLE		8,185	0	81,750
Kimberly-Clark Corp	COM	494368103	1,583	14,234	SH		SOLE		10,859	0	3,375
Kinder Morgan Energy Partners,	COM	494550106	362	4,400	SH		SOLE		100	0	4,300
Knight Transportation, Inc.	COM	499064103	814	34,235	SH		SOLE		34,235	0	0
Kohls Corp	COM	500255104	5,789	109,883	SH		SOLE		5,158	0	104,725
Kraft Foods Group, Inc.	COM	50076Q106	3,136	52,318	SH		SOLE		42,975	0	9,343
LKQ Corporation	COM	501889208	9,606	359,917	SH		SOLE		60,365	0	297,552
Laboratory Corp Amer Hldgs	COM	50540R409	438	4,275	SH		SOLE		4,200	0	75
Laclede Group Inc.	COM	505597104	291	5,990	SH		SOLE		0	0	5,990
Leggett & Platt Inc Com	COM	524660107	590	17,200	SH		SOLE		16,850	0	350
Lockheed Martin Corpration	COM	539830109	866	5,385	SH		SOLE		5,285	0	340
Lowes Companies Inc.	COM	548661107	1,631	33,992	SH		SOLE		31,192	0	2,800
Magellan Midstream Partners, L	COM UNIT RP LP	559080106	314	3,740	SH		SOLE		0	0	3,740
Marsh & McLennan Companies, In	COM	571748102	1,430	27,594	SH		SOLE		6,839	0	20,755
MasterCard, Inc.	COM	57636Q104	5,088	69,250	SH		SOLE		3,250	0	65,500
McCormick & Company	COM	579780206	272	3,800	SH		SOLE		0	0	3,800
McDonalds Corp	COM	580135101	3,590	35,641	SH		SOLE		16,144	0	19,747
McKesson Corporation	COM	58155Q103	9,813	52,699	SH		SOLE		4,899	0	47,400
Medtronic Inc.	COM	585055106	488	7,659	SH		SOLE		5,880	0	1,779
Merck & Co., Inc.	COM	58933Y105	4,182	72,291	SH		SOLE		61,566	0	11,475
MetLife, Inc.	COM	59156R108	9,379	168,804	SH		SOLE		56,549	0	111,555
Microchip Technology, Inc.	COM	595017104	886	18,150	SH		SOLE		17,575	0	575
Microsoft Corp	COM	594918104	10,622	254,726	SH		SOLE		41,507	0	213,219
Mondelez Int'l Inc/Frmrly Kraf	COM	609207105	2,948	78,388	SH		SOLE		68,028	0	11,310
NXP Semiconductors NV	COM	N6596X109	7,774	117,465	SH		SOLE		59,915	0	57,750
National Oilwell Varco Inc.	COM	637071101	770	9,345	SH		SOLE		2,580	0	6,765
Nestle SA-Sponsored ADR	COM	641069406	13,091	168,549	SH		SOLE		12,631	0	155,918
Nextera Energy, Inc.	COM	65339F101	1,670	16,300	SH		SOLE		16,300	0	0
Nike Inc	COM	654106103	1,777	22,911	SH		SOLE		22,911	0	0
Norfolk Southern Corp	COM	655844108	560	5,440	SH		SOLE		5,440	0	40
Northern Trust Corp	COM	665859104	4,508	70,209	SH		SOLE		5,984	0	64,225
Novartis AG	COM	66987V109	6,541	72,251	SH		SOLE		62,471	0	10,080
O'Reilly Automotive, Inc.	COM	67103H107	527	3,500	SH		SOLE		3,500	0	0
O.T. Mining Corporation	COM	671061109	4	30,000	SH		SOLE		0	0	30,000
Occidental Petroleum Corp	COM	674599105	7,577	73,827	SH		SOLE		11,567	0	61,760
Omnicom Group Inc.	COM	681919106	2,618	36,757	SH		SOLE		33,457	0	3,300
Oracle Systems Corporation	COM	68389X105	10,541	260,081	SH		SOLE		154,408	0	106,273
Packaging Corp of America	COM	695156109	222	3,101	SH		SOLE		701	0	2,400
Paychex Inc.	COM	704326107	241	5,800	SH		SOLE		4,600	0	1,200
Pepsico Inc	COM	713448108	22,341	250,062	SH		SOLE		85,859	0	164,153
Perrigo Co Plc (New)	COM	G97822103	2,513	17,239	SH		SOLE		15,249	0	1,990
Pfizer, Inc	COM	717081103	9,121	307,326	SH		SOLE		89,881	0	217,445
Philip Morris International, I	COM	718172109	13,070	155,022	SH		SOLE		35,333	0	118,689
Phillips 66	COM	718546104	272	3,386	SH		SOLE		3,386	0	450
Plains All Amer Pipeline L.P.	UNIT LTD PARTN	726503105	354	5,900	SH		SOLE		1,800	0	4,100
Plum Creek Timber Company, Inc	COM	729251108	2,410	53,440	SH		SOLE		25,375	0	28,065
Praxair Inc	COM	74005P104	4,661	35,084	SH		SOLE		32,694	0	2,390
PrivateBancorp, Inc.	COM	742962103	1,272	43,776	SH		SOLE		16,100	0	27,676
Procter & Gamble Co	COM	742718109	4,253	54,118	SH		SOLE		42,220	0	11,898
Qualcomm Inc.	COM	747525103	8,883	112,153	SH		SOLE		103,603	0	8,750
Realty Income Corporation	COM	756109104	727	16,375	SH		SOLE		16,075	0	300
Regeneron Pharmaceuticals, Inc	COM	75886f107	3,760	13,311	SH		SOLE		2,450	0	10,761
Republic Services, Inc.	COM	760759100	304	8,000	SH		SOLE		8,000	0	0
Rock Tenn Company	COM	772739207	217	2,055	SH		SOLE		430	0	1,625
Roper Industries Inc New	COM	776696106	1,316	9,010	SH		SOLE		7,510	0	1,500
Rosetta Resources, Inc.	COM	777779307	234	4,265	SH		SOLE		3,815	0	450
Roundy's Inc.	COM	779268101	1,023	185,750	SH		SOLE		54,325	0	126,425
Royal Dutch Shell PLC ADR CL A	COM	780259206	1,478	17,949	SH		SOLE		13,383	0	4,566
Royal Dutch Shell PLC ADR CL B	COM	780259107	798	9,175	SH		SOLE		475	0	8,700
SPDR Financial Select Sector	COM	81369Y605	525	23,070	SH		SOLE		23,070	0	0
SPDR Utilities Select Sector	COM	81369Y886	217	4,900	SH		SOLE		600	0	4,300
SPDR S&P 500 ETF Trust	TR UNIT	78462F103	10,223	52,235	SH		SOLE		46,540	0	5,470
SPDR S&P Midcap 400 ETF TR	UTSER1 S&PDCRP	78467Y107	6,231	23,915	SH		SOLE		23,915	0	0
Salesforce Com Inc.	COM	79466L302	2,801	48,219	SH		SOLE		44,244	0	3,975
Salix Pharmaceuticals, Ltd.	COM	795435106	6,010	48,725	SH		SOLE		3,250	0	45,075
Schlumberger Ltd	COM	806857108	7,689	65,187	SH		SOLE		57,177	0	8,270
Sherwin Williams Co	COM	824348106	1,676	8,100	SH		SOLE		0	0	8,100
Simon Property Group Inc.	COM	828806109	921	5,540	SH		SOLE		5,315	0	225
Sirona Dental Systems, Inc.	COM	82966C103	445	5,400	SH		SOLE		3,900	0	1,500
Skyworks Solutions, Inc.	COM	83088M102	1,453	30,935	SH		SOLE		5,780	0	25,155
Southern Company	COM	842587107	1,359	29,951	SH		SOLE		18,876	0	11,075
Spectra Energy Corporation	COM	847560109	635	14,950	SH		SOLE		14,650	0	300
StanCorp Financial Group, Inc.	COM	852891100	353	5,520	SH		SOLE		3,120	0	2,400
Starbucks Corp	COM	855244109	7,641	98,750	SH		SOLE		90,792	0	8,458
Stericycle Inc.	COM	858912108	5,854	49,430	SH		SOLE		45,955	0	3,475
Stryker Corporation	COM	863667101	10,184	120,773	SH		SOLE		23,420	0	97,353
Summit Hotel Properties	COM	866082100	113	10,658	SH		SOLE		0	0	10,658
SunEdison, Inc.\Frmrly MEMC El	COM	86732y109	288	12,730	SH		SOLE		0	0	12,730
Sysco Corporation	COM	871829107	660	17,625	SH		SOLE		5,000	0	12,625
T. Rowe Price Group, Inc.	COM	74144T108	707	8,370	SH		SOLE		8,370	0	0
TJX Companies Inc.	COM	872540109	2,406	45,273	SH		SOLE		37,098	0	8,175
Talmer Bancorp, Inc.	COM	87482X101	489	35,467	SH		SOLE		0	0	35,467
Target Corp	COM	87612E106	430	7,425	SH		SOLE		4,050	0	3,375
Texas Instruments Inc.	COM	882508104	793	16,600	SH		SOLE		16,600	0	0
Thermo Fisher Scientific, Inc.	COM	883556102	7,672	65,015	SH		SOLE		60,100	0	5,265
Towers Watson & Company	COM	891894107	3,492	33,505	SH		SOLE		1,530	0	31,975
Tractor Supply Company	COM	892356106	2,341	38,755	SH		SOLE		37,255	0	2,000
Twenty-First Century Fox, Inc.	COM	90130A101	298	8,489	SH		SOLE		345	0	8,144
UGI Corp New	COM	902681105	379	7,500	SH		SOLE		0	0	7,500
US Bancorp Del New	COM	902973304	1,104	25,488	SH		SOLE		24,038	0	1,450
Union Pacific Corp	COM	907818108	18,639	186,858	SH		SOLE		75,798	0	110,460
Unit Corporation	COM	909218109	306	4,450	SH		SOLE		650	0	3,800
United Technologies Corp	COM	913017109	11,703	101,367	SH		SOLE		38,379	0	62,488
UnitedHealth Group, Inc.	COM	91324p102	2,285	27,949	SH		SOLE		24,849	0	3,100
Vanguard Mid-Cap ETF	MID CAP ETF	922908629	954	8,038	SH		SOLE		7,788	0	250
Vanguard REIT	REIT ETF	922908553	3,134	41,880	SH		SOLE		39,805	0	2,075
Vanguard Small-Cap ETF	SMALL CAP ETF	922908751	2,050	17,503	SH		SOLE		17,503	0	0
Vanguard Total Stock Market VI	TOTAL STK MKT	922908769	2,443	24,002	SH		SOLE		24,002	0	0
Vectren Corporation	COM	92240g101	1,153	27,125	SH		SOLE		27,125	0	0
Veris Gold Corp	COM	92346R100	1	10,000	SH		SOLE		0	0	10,000
Verizon Communications	COM	92343V104	9,894	202,202	SH		SOLE		65,346	0	136,256
Viacom Inc. Class B New	COM	92553P201	2,853	32,891	SH		SOLE		3,713	0	29,178
Visa Inc.	COM	92826C839	3,913	18,571	SH		SOLE		9,806	0	8,765
Vodafone Group New ADR	COM	92857w209	807	24,167	SH		SOLE		18,198	0	5,969
WGL Holdings, Inc.	COM	92924F106	287	6,650	SH		SOLE		750	0	5,900
Wal-Mart Stores, Inc.	COM	931142103	7,519	100,157	SH		SOLE		8,766	0	91,391
Walgreen Co.	COM	931422109	13,921	187,785	SH		SOLE		32,410	0	155,375
Walt Disney Co.	COM	254687106	15,990	186,493	SH		SOLE		24,564	0	161,979
Wells Fargo & Co.	COM	949746101	8,066	153,462	SH		SOLE		128,262	0	25,300
Windstream Holdings, Inc.	COM	97382A101	218	21,900	SH		SOLE		21,100	0	800
Workday, Inc.	COM	98138H101	757	8,425	SH		SOLE		7,900	0	525
YUM! Brands, Inc.	COM	988498101	214	2,637	SH		SOLE		2,177	0	460
Yahoo Inc.	COM	984332106	1,307	37,200	SH		SOLE		37,200	0	0
Zebra Technologies Corp	COM	989207105	522	6,336	SH		SOLE		0	0	6,336