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

OMB APPROVAL

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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	12,602	64,061	SH		SOLE		32,865	0	31,196
A.O. Smith Corporation	COM	831865209	1,309	22,135	SH		SOLE		22,135	0	0
Abbott Laboratories	COM	002824100	20,044	328,647	SH		SOLE		159,895	0	168,752
AbbVie Inc.	COM	00287Y109	8,766	94,615	SH		SOLE		52,096	0	42,519
Accenture PLC	COM	G1151C101	19,868	121,448	SH		SOLE		76,754	0	44,694
Achaogen, Inc.	COM	004449104	172	19,815	SH		SOLE		19,815	0	0
Adobe Systems Inc.	COM	00724F101	10,443	42,834	SH		SOLE		33,919	0	8,910
Advanced Viral Research Corp	COM	007928104	0	65,484	SH		SOLE		0	0	65,484
Affiliated Managers Group, Inc	COM	008252108	407	2,735	SH		SOLE		2,660	0	75
Aflac Inc.	COM	001055102	344	8,000	SH		SOLE		8,000	0	0
Agilent Technologies Inc.	COM	00846U101	778	12,580	SH		SOLE		12,580	0	0
Air Products & Chemicals Inc.	COM	009158106	3,166	20,333	SH		SOLE		20,023	0	310
Alphabet Inc. Cl A	COM	02079K305	9,943	8,805	SH		SOLE		5,831	0	2,974
Alphabet Inc. Cl C	COM	02079K107	34,308	30,752	SH		SOLE		19,232	0	11,520
Altria Group Inc.	COM	02209S103	233	4,098	SH		SOLE		3,698	0	400
Amazon.com, Inc.	COM	023135106	19,141	11,261	SH		SOLE		10,706	0	555
American Express	COM	025816109	9,814	100,142	SH		SOLE		65,547	0	34,595
American Water Works Co.	COM	030420103	1,320	15,460	SH		SOLE		13,670	0	1,790
Amgen, Inc.	COM	031162100	4,068	22,039	SH		SOLE		18,769	0	3,270
Amphenol Corp CL A	COM	032095101	7,181	82,396	SH		SOLE		78,926	0	3,460
Aon PLC CL A	COM	G0408V102	213	1,550	SH		SOLE		1,550	0	0
Apple Computer Inc.	COM	037833100	22,645	122,335	SH		SOLE		95,153	0	27,182
Ares Capital Corporation	COM	04010L103	813	49,415	SH		SOLE		49,415	0	0
Arrow Electronics, Inc.	COM	042735100	1,217	16,165	SH		SOLE		16,040	0	125
AT&T Inc.	COM	00206R102	3,210	99,961	SH		SOLE		81,825	0	18,136
Automatic Data Processing	COM	053015103	2,614	19,485	SH		SOLE		12,655	0	6,830
Bank of New York Mellon Corp	COM	064058100	259	4,798	SH		SOLE		4,798	0	0
BB&T Corp	COM	054937107	11,564	229,264	SH		SOLE		135,814	0	93,450
BB&T Corporation Pfd G 5.20	PFD	054937800	977	39,008	SH		SOLE		36,508	0	2,500
Becton Dickinson & Company	COM	075887109	1,150	4,801	SH		SOLE		3,250	0	1,551
Berkshire Hathaway Inc. - Clas	COM	084670702	238	1,275	SH		SOLE		1,275	0	0
Biogen IDEC, Inc.	COM	09062X103	1,217	4,192	SH		SOLE		4,047	0	145
BioVie, Inc.	COM	09074F108	5	100,000	SH		SOLE		100,000	0	0
Blackrock Inc	COM	09247X101	5,180	10,380	SH		SOLE		9,701	0	679
Blackstone Group LP	LP	09253U108	2,887	89,750	SH		SOLE		88,000	0	1,750
Boeing Company	COM	097023105	770	2,296	SH		SOLE		1,616	0	680
Bristol Myers Squibb Co	COM	110122108	854	15,425	SH		SOLE		13,425	0	2,000
Broadcom Limited	COM	11135F101	1,452	5,985	SH		SOLE		5,575	0	410
C H Robinson Worldwide Inc.	COM	12541W209	1,103	13,190	SH		SOLE		12,330	0	860
Callon Petroleum Company	COM	13123X102	320	29,810	SH		SOLE		29,810	0	0
Canadian Imperial Bank of Comm	COM	136069101	413	4,757	SH		SOLE		4,382	0	375
Caterpillar Inc.	COM	149123101	379	2,796	SH		SOLE		2,651	0	145
CBOE Holdings, Inc.	COM	12503M108	3,350	32,190	SH		SOLE		30,530	0	1,660
Cedar Fair, L. P. Dep	COM	150185106	596	9,465	SH		SOLE		9,465	0	0
Centene Corporation	COM	15135B101	658	5,342	SH		SOLE		4,840	0	502
Cerner Corp	COM	156782104	1,306	21,835	SH		SOLE		20,260	0	1,575
Charles Schwab Corp. New	COM	808513105	1,876	36,705	SH		SOLE		36,450	0	255
Chevron Corp	COM	166764100	8,428	66,660	SH		SOLE		61,950	0	4,710
Chubb Limited	COM	H1467J104	1,765	13,896	SH		SOLE		10,969	0	2,927
Church & Dwight Company, Inc.	COM	171340102	7,259	136,550	SH		SOLE		59,900	0	76,650
Cimarex Energy Co.	COM	171798101	281	2,765	SH		SOLE		2,555	0	210
Cisco Systems Inc.	COM	17275R102	2,368	55,030	SH		SOLE		52,255	0	2,775
Citigroup Inc.	COM	172967424	9,988	149,251	SH		SOLE		89,018	0	60,233
CME Group Inc. Class A	COM	12572Q105	602	3,670	SH		SOLE		3,670	0	0
CMS Energy Corporation	COM	125896100	1,196	25,300	SH		SOLE		25,300	0	0
Coca Cola Company	COM	191216100	10,147	231,345	SH		SOLE		129,840	0	101,505
Cogent Communications Group, I	COM	19239V302	854	16,000	SH		SOLE		16,000	0	0
Cognizant Technology Solutions	COM	192446102	7,600	96,210	SH		SOLE		92,715	0	3,495
Colgate Palmolive Company	COM	194162103	826	12,742	SH		SOLE		12,408	0	334
Comcast Corp-Cl A	COM	20030N101	1,410	42,980	SH		SOLE		40,460	0	2,520
ConocoPhillips	COM	20825C104	306	4,400	SH		SOLE		2,000	0	2,400
Constellation Brands, Inc.	COM	21036P108	1,179	5,385	SH		SOLE		5,000	0	385
Costco Wholesale Corp.	COM	22160K105	21,677	103,729	SH		SOLE		66,440	0	37,284
Crown Castle International Cor	COM	22822V101	2,375	22,025	SH		SOLE		20,995	0	1,030
CSX Corp	COM	126408103	210	3,300	SH		SOLE		3,300	0	0
Cubic Corporation	COM	229669106	275	4,285	SH		SOLE		4,100	0	185
CVS Health Corporation	COM	126650100	267	4,143	SH		SOLE		4,143	0	0
Danaher Corporation	COM	235851102	15,915	161,275	SH		SOLE		102,775	0	58,490
Deere & Company	COM	244199105	791	5,655	SH		SOLE		5,485	0	170
Dell Technologies Inc.	COM	24703L103	206	2,441	SH		SOLE		2,287	0	154
Devon Energy Corporation	COM	25179M103	247	5,613	SH		SOLE		5,613	0	0
Digital Realty Trust, Inc.	COM	253868103	669	6,000	SH		SOLE		0	0	6,000
Dollar Tree Stores, Inc.	COM	256746108	3,013	35,450	SH		SOLE		34,895	0	555
Dominion Resources	COM	25746U109	1,056	15,492	SH		SOLE		13,494	0	1,998
DowDuPont, Inc.	COM	26078J100	6,613	100,325	SH		SOLE		66,805	0	33,520
DXC Technology Company	COM	23355L106	1,160	14,386	SH		SOLE		14,179	0	207
Ecolab Inc.	COM	278865100	14,832	105,697	SH		SOLE		80,042	0	25,645
Edwards Lifesciences Corp	COM	28176E108	3,168	21,762	SH		SOLE		20,062	0	1,700
Eldorado Resorts, Inc.	COM	28470R102	2,592	66,288	SH		SOLE		66,288	0	0
Eli Lilly & Co.	COM	532457108	364	4,270	SH		SOLE		3,320	0	950
Emerson Electric Co.	COM	291011104	2,424	35,055	SH		SOLE		30,805	0	4,250
EOG Resources	COM	26875P101	3,049	24,506	SH		SOLE		23,356	0	1,150
Equity Commonwealth	COM	294628102	772	24,510	SH		SOLE		20,760	0	3,750
Estee Lauder Companies, Inc.	COM	518439104	539	3,780	SH		SOLE		3,780	0	0
Exelon Corporation	COM	30161N101	233	5,468	SH		SOLE		3,618	0	1,850
Express Scripts Holding Co.	COM	30219G108	5,326	68,980	SH		SOLE		62,229	0	6,751
Extended Stay America, Inc.	COM	30224P200	1,064	49,225	SH		SOLE		49,225	0	0
Extra Space Storage, Inc.	COM	30225T102	774	7,750	SH		SOLE		7,750	0	0
Exxon Mobil Corp	COM	30231G102	16,465	199,021	SH		SOLE		132,040	0	66,981
Facebook, Inc.	COM	30303M102	17,232	88,677	SH		SOLE		72,514	0	16,163
FedEx Corp	COM	31428X106	12,937	56,978	SH		SOLE		29,338	0	27,640
First Foundation Inc.	COM	32026V104	1,150	62,042	SH		SOLE		42	0	62,000
Fiserv Inc.	COM	337738108	5,825	78,620	SH		SOLE		55,560	0	23,060
Fluor	COM	343412102	254	5,215	SH		SOLE		5,015	0	200
Fortive Corporation	COM	34959J108	9,837	127,571	SH		SOLE		104,433	0	23,123
Franklin Electric Company, Inc	COM	353514102	1,726	38,275	SH		SOLE		38,060	0	215
General Dynamics Corp	COM	369550108	8,497	45,585	SH		SOLE		20,135	0	25,450
General Electric Corporation	COM	369604103	5,257	386,227	SH		SOLE		228,487	0	157,740
General Mills Inc.	COM	370334104	1,240	28,005	SH		SOLE		25,355	0	2,650
Grainger WW Inc	COM	384802104	1,296	4,201	SH		SOLE		201	0	4,000
Hawaiian Electric Industries I	COM	419870100	230	6,700	SH		SOLE		0	0	6,700
Hershey Company	COM	427866108	1,066	11,460	SH		SOLE		1,460	0	10,000
Home Depot Inc.	COM	437076102	4,204	21,548	SH		SOLE		18,348	0	3,200
Honeywell International	COM	438516106	21,936	152,280	SH		SOLE		106,069	0	46,201
Illinois Tool Works Inc.	COM	452308109	13,778	99,453	SH		SOLE		65,963	0	33,490
Intel Corporation	COM	458140100	14,914	300,026	SH		SOLE		133,571	0	166,455
IntercontinentalExchange Group	COM	45866F104	6,925	94,153	SH		SOLE		89,983	0	4,170
International Business Machine	COM	459200101	6,143	43,971	SH		SOLE		27,781	0	16,190
Intl Paper Co Com	COM	460146103	478	9,175	SH		SOLE		9,175	0	0
Intuit Inc.	COM	461202103	1,178	5,766	SH		SOLE		5,766	0	0
Invesco BulletShares 2019 Corp	ETF	46138J304	270	12,850	SH		SOLE		12,850	0	0
Invesco BulletShares 2019 High	ETF	46138J403	209	8,650	SH		SOLE		8,650	0	0
Invesco BulletShares 2020 Corp	ETF	46138J502	597	28,349	SH		SOLE		27,949	0	400
Invesco BulletShares 2021 Corp	ETF	46138J700	450	21,673	SH		SOLE		21,073	0	600
Invesco BulletShares 2022 Corp	ETF	46138J882	510	24,700	SH		SOLE		23,900	0	800
Invesco BulletShares 2023 Corp	ETF	46138J866	469	23,238	SH		SOLE		22,938	0	300
Invesco BulletShares 2024 Corp	ETF	46138J841	349	17,400	SH		SOLE		17,400	0	0
Invesco Senior Loan ETF	ETF	46138G508	1,302	56,850	SH		SOLE		51,800	0	5,050
iPATH Dow Jones UBS Commodity	ETF	06738C778	788	32,350	SH		SOLE		30,650	0	1,700
iShares 0-5 Year TIPS Bond ETF	ETF	46429B747	1,421	14,255	SH		SOLE		12,260	0	1,995
iShares Core MSCI EAFE	ETF	46432F842	3,539	55,850	SH		SOLE		53,750	0	2,100
iShares Core MSCI Emerging Mar	ETF	46434G103	2,207	42,036	SH		SOLE		38,791	0	3,245
iShares Core S&P MidCap	ETF	464287507	14,767	75,812	SH		SOLE		71,052	0	4,760
iShares Core S&P SmallCap	ETF	464287804	36,451	436,752	SH		SOLE		341,152	0	95,600
iShares Core Total US Bond Mar	ETF	464287226	3,335	31,367	SH		SOLE		25,705	0	5,662
iShares Dow Jones U.S. Technol	COM	464287721	410	2,300	SH		SOLE		2,300	0	0
iShares Dow Jones US Oil & Gas	COM	464288851	564	7,590	SH		SOLE		7,065	0	525
iShares Dow Jones US Oil Equip	COM	464288844	237	6,500	SH		SOLE		6,000	0	500
iShares Floating Rate Bond ETF	ETF	46429B655	1,570	30,775	SH		SOLE		26,200	0	4,575
iShares iBonds Dec 2018 Corpor	ETF	46434VAA8	299	11,900	SH		SOLE		11,000	0	900
iShares iBonds Dec 2019 Corpor	ETF	46434VAU4	312	12,600	SH		SOLE		12,200	0	400
iShares iBoxx $ Inv Grade Corp	ETF	464287242	749	6,540	SH		SOLE		5,490	0	1,050
iShares Intermediate Credit Bo	ETF	464288638	2,895	27,250	SH		SOLE		23,475	0	3,775
iShares JPMorgan Emerg Mrkts B	ETF	464288281	616	5,770	SH		SOLE		5,405	0	365
iShares MSCI EAFE Small Cap In	ETF	464288273	1,395	22,237	SH		SOLE		20,387	0	1,850
iShares MSCI Emerging Markets	ETF	464287234	2,064	47,635	SH		SOLE		42,820	0	4,815
iShares Nasdaq Biotechnology I	COM	464287556	4,418	40,234	SH		SOLE		38,184	0	2,050
iShares National Muni Bond Fun	ETF	464288414	5,032	46,150	SH		SOLE		42,325	0	3,825
iShares Russell 1000 Growth In	ETF	464287614	1,222	8,495	SH		SOLE		8,235	0	260
iShares Russell 2000 Index Fun	ETF	464287655	329	2,007	SH		SOLE		1,447	0	560
iShares Russell 3000	ETF	464287689	781	4,815	SH		SOLE		4,665	0	150
iShares Russell Midcap Index F	ETF	464287499	1,780	8,390	SH		SOLE		7,044	0	1,346
iShares S&P 500 Growth Index F	ETF	464287309	329	2,025	SH		SOLE		1,950	0	75
iShares S&P 500 Index Fund	ETF	464287200	2,242	8,211	SH		SOLE		5,210	0	3,001
iShares S&P Global Energy Inde	COM	464287341	1,698	45,424	SH		SOLE		39,724	0	5,700
iShares S&P New York AMT-Free	ETF	464288323	225	4,100	SH		SOLE		4,100	0	0
iShares S&P Short Term Nat'l A	ETF	464288158	310	2,950	SH		SOLE		2,950	0	0
iShares Tr Barclays 1-3 Year	ETF	464288646	4,207	40,571	SH		SOLE		36,006	0	4,565
iShares Tr MSCI EAFE Index	ETF	464287465	16,062	239,845	SH		SOLE		221,210	0	18,635
iShares U.S. Preferred Stock	ETF	464288687	607	16,100	SH		SOLE		13,400	0	2,700
J P Morgan Chase & Co	COM	46625H100	18,927	181,640	SH		SOLE		126,421	0	55,219
J.M. Smucker Company	COM	832696405	6,502	60,493	SH		SOLE		33,410	0	27,083
Jacobs Engineering Group Inc	COM	469814107	250	3,945	SH		SOLE		3,945	0	0
Johnson & Johnson Co.	COM	478160104	24,500	201,909	SH		SOLE		107,911	0	93,998
JPMorgan Chase & Co Alerian ML	ETF	46625H365	825	31,021	SH		SOLE		29,571	0	1,450
KeyCorp	COM	493267108	1,073	54,900	SH		SOLE		54,900	0	0
Keysight Technologies, Inc.	COM	49338L103	322	5,459	SH		SOLE		5,459	0	0
Kimberly-Clark Corp	COM	494368103	555	5,267	SH		SOLE		2,092	0	3,175
Laboratory Corp Amer Hldgs	COM	50540R409	754	4,200	SH		SOLE		4,200	0	0
Las Vegas Sands Corp	COM	517834107	1,252	16,400	SH		SOLE		16,400	0	0
LKQ Corporation	COM	501889208	317	9,930	SH		SOLE		9,930	0	0
Lockheed Martin Corpration	COM	539830109	1,354	4,582	SH		SOLE		4,582	0	0
Lowes Companies Inc.	COM	548661107	2,681	28,050	SH		SOLE		28,050	0	0
Marathon Petroleum Corporation	COM	56585A102	2,394	34,117	SH		SOLE		31,982	0	2,135
Marsh & McLennan Companies, In	COM	571748102	1,046	12,760	SH		SOLE		8,440	0	4,320
MasterCard, Inc.	COM	57636Q104	12,805	65,160	SH		SOLE		32,540	0	32,620
McDonalds Corp	COM	580135101	4,353	27,784	SH		SOLE		20,479	0	7,305
Merck & Co., Inc.	COM	58933Y105	10,842	178,612	SH		SOLE		109,822	0	68,790
MetLife, Inc.	COM	59156R108	789	18,085	SH		SOLE		18,085	0	0
Microchip Technology, Inc.	COM	595017104	956	10,508	SH		SOLE		10,313	0	195
Microsoft Corp	COM	594918104	36,899	374,192	SH		SOLE		213,414	0	160,778
Mondelez International, Inc.	COM	609207105	544	13,278	SH		SOLE		13,002	0	276
Nestle SA-Sponsored ADR	COM	641069406	12,548	162,053	SH		SOLE		78,382	0	83,671
New Residential Investment Cor	COM	64828T201	542	31,000	SH		SOLE		31,000	0	0
Nextera Energy, Inc.	COM	65339F101	2,089	12,504	SH		SOLE		12,504	0	0
Nike Inc	COM	654106103	1,872	23,494	SH		SOLE		22,059	0	1,435
Norfolk Southern Corp	COM	655844108	362	2,400	SH		SOLE		2,400	0	0
Northern Trust Corp	COM	665859104	7,630	74,156	SH		SOLE		37,616	0	36,540
Northrop Grumman Corporation	COM	666807102	2,869	9,323	SH		SOLE		8,133	0	1,190
Novartis AG	COM	66987V109	4,188	55,440	SH		SOLE		52,899	0	2,531
NVIDIA Corporation	COM	67066G104	6,158	25,995	SH		SOLE		16,820	0	9,175
Occidental Petroleum Corp	COM	674599105	1,000	11,955	SH		SOLE		11,860	0	95
Omnicom Group Inc.	COM	681919106	2,408	31,578	SH		SOLE		30,278	0	1,300
ONEOK, Inc.	COM	682680103	690	9,875	SH		SOLE		9,875	0	0
Oracle Systems Corporation	COM	68389X105	9,306	211,217	SH		SOLE		152,442	0	58,775
Packaging Corp of America	COM	695156109	321	2,875	SH		SOLE		2,875	0	0
PacWest Bancorp	COM	695263103	849	17,175	SH		SOLE		17,175	0	0
Palo Alto Networks, Inc.	COM	697435105	4,932	24,004	SH		SOLE		23,509	0	485
Paychex Inc.	COM	704326107	324	4,735	SH		SOLE		3,300	0	1,435
PayPal Holdings, Inc.	COM	70450Y103	2,082	25,000	SH		SOLE		23,885	0	1,115
Pepsico Inc	COM	713448108	28,242	259,413	SH		SOLE		161,464	0	97,949
Perma-Fix Enviornmental Servic	COM	714157203	45	10,000	SH		SOLE		10,000	0	0
Pfizer, Inc	COM	717081103	8,043	221,682	SH		SOLE		129,782	0	91,900
Philip Morris International, I	COM	718172109	1,828	22,641	SH		SOLE		14,875	0	7,766
PNC Financial Corp	COM	693475105	11,158	82,590	SH		SOLE		48,025	0	34,565
Praxair Inc	COM	74005P104	3,817	24,136	SH		SOLE		22,786	0	1,350
Procter & Gamble Co	COM	742718109	3,548	45,452	SH		SOLE		39,694	0	5,758
Qualcomm Inc.	COM	747525103	1,093	19,475	SH		SOLE		19,475	0	0
Raytheon Co	COM	755111507	8,531	44,160	SH		SOLE		21,200	0	22,960
Regeneron Pharmaceuticals, Inc	COM	75886F107	1,517	4,396	SH		SOLE		1,883	0	2,513
Rite Aid Corp	COM	767754104	35	20,390	SH		SOLE		390	0	20,000
Rockwell Collins, Inc.	COM	774341101	356	2,646	SH		SOLE		2,608	0	38
Roper Industries Inc New	COM	776696106	2,336	8,465	SH		SOLE		7,875	0	590
Royal Dutch Shell PLC ADR CL A	COM	780259206	1,172	16,930	SH		SOLE		16,040	0	890
Royal Dutch Shell PLC ADR CL B	COM	780259107	681	9,375	SH		SOLE		675	0	8,700
S&P Global Inc.	COM	78409V104	1,999	9,805	SH		SOLE		9,150	0	655
Salesforce Com Inc.	COM	79466L302	8,811	64,599	SH		SOLE		61,074	0	3,525
Schlumberger Ltd	COM	806857108	2,794	41,690	SH		SOLE		41,190	0	500
Schwab U.S. Broad Market	ETF	808524102	436	6,610	SH		SOLE		6,610	0	0
Seagate Technology	COM	G7945M107	404	7,160	SH		SOLE		6,645	0	515
Sherwin Williams Co	COM	824348106	3,131	7,682	SH		SOLE		182	0	7,500
Six Flags Entertainment Corpor	COM	83001A102	842	12,020	SH		SOLE		12,020	0	0
Skyworks Solutions, Inc.	COM	83088M102	1,532	15,850	SH		SOLE		15,755	0	95
Southern Company	COM	842587107	497	10,740	SH		SOLE		1,965	0	8,775
SPDR Barclays Capital Short Te	ETF	78468R408	732	26,825	SH		SOLE		23,200	0	3,625
SPDR Barclays Capital Short Te	ETF	78468R739	3,011	62,739	SH		SOLE		62,739	0	0
SPDR Energy Select Sector	COM	81369Y506	342	4,500	SH		SOLE		4,500	0	0
SPDR Financial Select Sector	COM	81369Y605	13,496	507,566	SH		SOLE		263,366	0	244,200
SPDR Gold Trust	ETF	78463V107	1,603	13,510	SH		SOLE		11,525	0	1,985
SPDR S&P 500 ETF Trust	ETF	78462F103	15,930	58,721	SH		SOLE		49,190	0	9,531
SPDR S&P International SmallCa	ETF	78463X871	1,232	35,902	SH		SOLE		33,352	0	2,550
SPDR S&P Midcap 400	ETF	78467Y107	8,447	23,793	SH		SOLE		20,093	0	3,700
SPDR Utilities Select Sector	COM	81369Y886	223	4,300	SH		SOLE		0	0	4,300
Spire, Inc.	COM	84857L101	417	5,900	SH		SOLE		0	0	5,900
Starbucks Corp	COM	855244109	4,494	92,006	SH		SOLE		86,941	0	5,065
Stericycle Inc.	COM	858912108	240	3,670	SH		SOLE		3,670	0	0
Stryker Corporation	COM	863667101	18,900	111,926	SH		SOLE		65,086	0	46,840
Sysco Corporation	COM	871829107	1,496	21,903	SH		SOLE		9,023	0	12,880
Target Corp	COM	87612E106	361	4,743	SH		SOLE		4,709	0	34
Texas Instruments Inc.	COM	882508104	2,766	25,085	SH		SOLE		25,085	0	0
Thermo Fisher Scientific, Inc.	COM	883556102	11,482	55,431	SH		SOLE		52,608	0	2,813
TJX Companies Inc.	COM	872540109	2,917	30,645	SH		SOLE		28,395	0	2,250
T-Mobile US, Inc.	COM	872590104	1,509	25,255	SH		SOLE		23,665	0	1,590
Total SA ADR	COM	89151E109	637	10,525	SH		SOLE		10,525	0	0
UGI Corp New	COM	902681105	500	9,600	SH		SOLE		0	0	9,600
Union Pacific Corp	COM	907818108	6,992	49,353	SH		SOLE		47,453	0	1,900
United Technologies Corp	COM	913017109	6,022	48,167	SH		SOLE		26,692	0	21,475
UnitedHealth Group, Inc.	COM	91324P102	6,371	25,968	SH		SOLE		24,008	0	1,960
US Bancorp Del New	COM	902973304	235	4,695	SH		SOLE		3,695	0	1,000
Vail Resorts, Inc.	COM	91879Q109	805	2,935	SH		SOLE		2,935	0	0
Valero Refining & Marketing Co	COM	91913Y100	765	6,900	SH		SOLE		6,900	0	0
VanEck Vectors High Yield Muni	ETF	92189F361	1,468	46,650	SH		SOLE		40,950	0	5,700
Vanguard Emerging Markets	ETF	922042858	2,557	60,595	SH		SOLE		58,045	0	2,550
Vanguard FTSE All-World Ex-US	ETF	922042775	13,692	264,125	SH		SOLE		242,640	0	21,485
Vanguard Mid-Cap ETF	ETF	922908629	1,161	7,363	SH		SOLE		7,063	0	300
Vanguard MSCI EAFE	ETF	921943858	4,128	96,225	SH		SOLE		91,950	0	4,275
Vanguard REIT	COM	922908553	2,416	29,666	SH		SOLE		28,541	0	1,125
Vanguard Short-Term Inflation	ETF	922020805	1,718	35,166	SH		SOLE		35,166	0	0
Vanguard Small-Cap ETF	ETF	922908751	4,503	28,928	SH		SOLE		28,378	0	550
Vanguard Total Bond Market Fun	ETF	921937835	700	8,843	SH		SOLE		5,643	0	3,200
Vanguard Total International B	ETF	92203J407	954	17,435	SH		SOLE		14,460	0	2,975
Vanguard Total Stock Market VI	ETF	922908769	3,100	22,072	SH		SOLE		21,347	0	725
Vectren Corporation	COM	92240G101	1,491	20,867	SH		SOLE		20,867	0	0
Veris Gold Corp	COM	92346R100	1	10,000	SH		SOLE		0	0	10,000
Verizon Communications	COM	92343V104	1,838	36,533	SH		SOLE		33,367	0	3,166
Visa Inc.	COM	92826C839	19,411	146,554	SH		SOLE		118,685	0	27,859
Vodafone Group New ADR	COM	92857W308	391	16,104	SH		SOLE		16,104	0	0
Voya Financial, Inc.	COM	929089100	1,789	38,065	SH		SOLE		37,815	0	250
Walgreens Boots Alliance, Inc.	COM	931427108	19,602	326,624	SH		SOLE		158,096	0	168,528
Walt Disney Co.	COM	254687106	18,377	175,333	SH		SOLE		94,680	0	80,653
Watsco, Inc.	COM	942622200	829	4,650	SH		SOLE		4,650	0	0
WEC Energy Group, Inc.	COM	92939U106	477	7,385	SH		SOLE		6,542	0	843
Wells Fargo & Co.	COM	949746101	3,197	57,671	SH		SOLE		47,421	0	10,250
Wells Fargo & Company 5.5 Pfd	PFD	94988U672	968	38,719	SH		SOLE		36,600	0	2,119
Weyerhaeuser Co.	COM	962166104	6,211	170,361	SH		SOLE		112,692	0	57,669
WGL Holdings, Inc.	COM	92924F106	572	6,450	SH		SOLE		750	0	5,700
Willis Towers Watson PLC	COM	G96629103	5,118	33,757	SH		SOLE		15,332	0	18,425
Worldpay, Inc.	COM	981558109	1,521	18,600	SH		SOLE		18,600	0	0
Wynn Resorts Ltd.	COM	983134107	1,617	9,660	SH		SOLE		8,980	0	680
XPO Logistics, Inc.	COM	983793100	1,223	12,210	SH		SOLE		11,410	0	800
YUM! Brands, Inc.	COM	988498101	372	4,755	SH		SOLE		4,755	0	0
Zebra Technologies Corp	COM	989207105	693	4,836	SH		SOLE		0	0	4,836
Zoetis, Inc.	COM	98978V103	1,965	23,070	SH		SOLE		21,495	0	1,575