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

OMB Number:		3235-0006
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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	13,524	64,181	SH		SOLE		32,985	0	25,796
A.O. Smith Corporation	COM	831865209	1,181	22,135	SH		SOLE		22,135	0	0
Abbott Laboratories	COM	002824100	23,969	326,732	SH		SOLE		160,280	0	157,252
AbbVie Inc.	COM	00287Y109	5,688	60,140	SH		SOLE		28,926	0	22,014
Accenture PLC	COM	G1151C101	20,716	121,713	SH		SOLE		77,219	0	41,294
Achaogen, Inc.	COM	004449104	79	19,815	SH		SOLE		19,815	0	0
Adobe Systems Inc.	COM	00724F101	10,895	40,359	SH		SOLE		31,574	0	8,780
Advanced Viral Research Corp	COM	007928104	0	65,484	SH		SOLE		0	0	65,484
Affiliated Managers Group, Inc	COM	008252108	374	2,735	SH		SOLE		2,660	0	75
Aflac Inc.	COM	001055102	377	8,000	SH		SOLE		8,000	0	0
Agilent Technologies Inc.	COM	00846U101	880	12,480	SH		SOLE		12,480	0	0
Air Products & Chemicals Inc.	COM	009158106	3,392	20,308	SH		SOLE		19,998	0	310
Alphabet Inc. Cl A	COM	02079K305	10,702	8,866	SH		SOLE		5,897	0	2,969
Alphabet Inc. Cl C	COM	02079K107	36,413	30,510	SH		SOLE		19,214	0	10,616
Altria Group Inc.	COM	02209S103	241	3,998	SH		SOLE		3,598	0	400
Amazon.com, Inc.	COM	023135106	19,405	9,688	SH		SOLE		9,192	0	496
American Express	COM	025816109	10,847	101,858	SH		SOLE		66,828	0	33,630
American Water Works Co.	COM	030420103	1,384	15,735	SH		SOLE		13,945	0	1,790
Amgen, Inc.	COM	031162100	4,771	23,014	SH		SOLE		19,769	0	2,545
Amphenol Corp CL A	COM	032095101	7,788	82,836	SH		SOLE		79,516	0	3,310
Aon PLC CL A	COM	G0408V102	238	1,550	SH		SOLE		1,550	0	0
Apple Computer Inc.	COM	037833100	27,389	121,328	SH		SOLE		94,297	0	27,031
Ares Capital Corporation	COM	04010L103	872	50,725	SH		SOLE		50,725	0	0
Arrow Electronics, Inc.	COM	042735100	1,192	16,165	SH		SOLE		16,040	0	125
AT&T Inc.	COM	00206R102	3,354	99,869	SH		SOLE		81,733	0	18,136
Automatic Data Processing	COM	053015103	2,899	19,245	SH		SOLE		12,655	0	4,830
Bank of New York Mellon Corp	COM	064058100	240	4,700	SH		SOLE		4,700	0	0
BB&T Corp	COM	054937107	14,186	292,247	SH		SOLE		197,522	0	94,725
BB&T Corporation Pfd G 5.20	PFD	054937800	1,226	50,028	SH		SOLE		46,528	0	3,500
Becton Dickinson & Company	COM	075887109	1,253	4,801	SH		SOLE		3,250	0	1,551
Berkshire Hathaway Inc. - Clas	COM	084670702	314	1,465	SH		SOLE		1,465	0	0
Biogen IDEC, Inc.	COM	09062X103	1,497	4,237	SH		SOLE		4,092	0	145
BioVie, Inc.	COM	09074F108	7	100,000	SH		SOLE		100,000	0	0
Blackrock Inc	COM	09247X101	4,951	10,505	SH		SOLE		9,851	0	654
Blackstone Group LP	LP	09253U108	3,425	89,950	SH		SOLE		88,200	0	1,750
Boeing Company	COM	097023105	845	2,271	SH		SOLE		1,591	0	680
Bristol Myers Squibb Co	COM	110122108	958	15,425	SH		SOLE		13,425	0	2,000
Broadcom Limited	COM	11135F101	1,458	5,910	SH		SOLE		5,500	0	410
Callon Petroleum Company	COM	13123X102	357	29,810	SH		SOLE		29,810	0	0
Canadian Imperial Bank of Comm	COM	136069101	489	5,216	SH		SOLE		4,841	0	375
Caterpillar Inc.	COM	149123101	487	3,196	SH		SOLE		3,051	0	145
CBOE Holdings, Inc.	COM	12503M108	3,039	31,665	SH		SOLE		30,105	0	1,560
Centene Corporation	COM	15135B101	729	5,037	SH		SOLE		4,535	0	502
Cerner Corp	COM	156782104	1,392	21,610	SH		SOLE		20,360	0	1,250
Charles Schwab Corp. New	COM	808513105	1,804	36,705	SH		SOLE		36,450	0	255
Chevron Corp	COM	166764100	8,181	66,905	SH		SOLE		62,195	0	4,710
Chubb Limited	COM	H1467J104	1,862	13,931	SH		SOLE		11,004	0	2,927
Church & Dwight Company, Inc.	COM	171340102	8,107	136,550	SH		SOLE		60,600	0	75,950
Cimarex Energy Co.	COM	171798101	257	2,765	SH		SOLE		2,555	0	210
Cisco Systems Inc.	COM	17275R102	2,672	54,930	SH		SOLE		52,255	0	2,675
Citigroup Inc.	COM	172967424	10,949	152,626	SH		SOLE		91,293	0	61,333
CME Group Inc. Class A	COM	12572Q105	562	3,300	SH		SOLE		3,300	0	0
CMS Energy Corporation	COM	125896100	1,236	25,225	SH		SOLE		25,225	0	0
Coca Cola Company	COM	191216100	10,691	231,467	SH		SOLE		130,072	0	98,595
Cogent Communications Group, I	COM	19239V302	894	16,025	SH		SOLE		16,025	0	0
Cognizant Technology Solutions	COM	192446102	7,442	96,455	SH		SOLE		92,960	0	3,495
Colgate Palmolive Company	COM	194162103	773	11,542	SH		SOLE		11,408	0	134
Comcast Corp-Cl A	COM	20030N101	1,452	41,005	SH		SOLE		38,485	0	2,520
Commerce Bancshares	COM	200525103	203	3,073	SH		SOLE		2,977	0	96
ConocoPhillips	COM	20825C104	341	4,400	SH		SOLE		2,000	0	2,400
Constellation Brands, Inc.	COM	21036P108	1,146	5,315	SH		SOLE		5,055	0	260
Continental Resources, Inc.	COM	212015101	706	10,335	SH		SOLE		10,335	0	0
Costco Wholesale Corp.	COM	22160K105	24,350	103,669	SH		SOLE		66,885	0	35,279
Crown Castle International Cor	COM	22822V101	2,439	21,910	SH		SOLE		21,080	0	830
CSX Corp	COM	126408103	244	3,300	SH		SOLE		3,300	0	0
Cubic Corporation	COM	229669106	313	4,285	SH		SOLE		4,100	0	185
CVS Health Corporation	COM	126650100	373	4,744	SH		SOLE		4,144	0	600
Danaher Corporation	COM	235851102	17,634	162,285	SH		SOLE		104,685	0	57,590
Deere & Company	COM	244199105	887	5,900	SH		SOLE		5,755	0	145
Dell Technologies Inc.	COM	24703L103	237	2,441	SH		SOLE		2,287	0	154
Digital Realty Trust, Inc.	COM	253868103	675	6,000	SH		SOLE		0	0	6,000
Dollar Tree Stores, Inc.	COM	256746108	2,883	35,350	SH		SOLE		34,795	0	555
Dominion Resources	COM	25746U109	1,082	15,392	SH		SOLE		13,394	0	1,998
DowDuPont, Inc.	COM	26078J100	6,411	99,690	SH		SOLE		66,170	0	33,520
DXC Technology Company	COM	23355L106	1,362	14,561	SH		SOLE		14,354	0	207
Ecolab Inc.	COM	278865100	16,696	106,492	SH		SOLE		81,087	0	25,395
Edwards Lifesciences Corp	COM	28176E108	3,945	22,662	SH		SOLE		20,962	0	1,700
Eldorado Resorts, Inc.	COM	28470R102	3,222	66,288	SH		SOLE		66,288	0	0
Eli Lilly & Co.	COM	532457108	421	3,920	SH		SOLE		3,320	0	600
Emerson Electric Co.	COM	291011104	2,685	35,055	SH		SOLE		30,805	0	4,250
EOG Resources	COM	26875P101	3,297	25,846	SH		SOLE		24,771	0	1,075
Equity Commonwealth	COM	294628102	787	24,510	SH		SOLE		20,760	0	3,750
Estee Lauder Companies, Inc.	COM	518439104	542	3,730	SH		SOLE		3,730	0	0
Exelon Corporation	COM	30161N101	240	5,496	SH		SOLE		3,646	0	1,850
Express Scripts Holding Co.	COM	30219G108	4,458	46,917	SH		SOLE		40,641	0	2,175
Extended Stay America, Inc.	COM	30224P200	983	48,575	SH		SOLE		48,575	0	0
Extra Space Storage, Inc.	COM	30225T102	650	7,500	SH		SOLE		7,500	0	0
Exxon Mobil Corp	COM	30231G102	15,800	185,835	SH		SOLE		119,309	0	63,026
Facebook, Inc.	COM	30303M102	14,333	87,154	SH		SOLE		71,091	0	15,063
FedEx Corp	COM	31428X106	14,493	60,188	SH		SOLE		32,448	0	27,740
First Foundation Inc.	COM	32026V104	969	62,042	SH		SOLE		42	0	62,000
Fiserv Inc.	COM	337738108	6,390	77,565	SH		SOLE		54,845	0	22,720
Fluor	COM	343412102	764	13,150	SH		SOLE		12,950	0	200
Fortive Corporation	COM	34959J108	10,859	128,961	SH		SOLE		106,248	0	22,698
Franklin Electric Company, Inc	COM	353514102	1,808	38,275	SH		SOLE		38,060	0	215
General Dynamics Corp	COM	369550108	563	2,750	SH		SOLE		1,150	0	1,600
General Electric Corporation	COM	369604103	1,130	100,118	SH		SOLE		86,063	0	14,055
General Mills Inc.	COM	370334104	1,238	28,855	SH		SOLE		26,205	0	2,650
Grainger WW Inc	COM	384802104	1,487	4,160	SH		SOLE		160	0	2,000
Hawaiian Electric Industries I	COM	419870100	238	6,700	SH		SOLE		0	0	6,700
Hershey Company	COM	427866108	1,169	11,460	SH		SOLE		1,460	0	5,000
Home Depot Inc.	COM	437076102	4,705	22,711	SH		SOLE		19,511	0	3,200
Honeywell International	COM	438516106	25,245	151,710	SH		SOLE		106,299	0	45,401
Huntington Bancshares Inc.	COM	446150104	730	48,925	SH		SOLE		48,925	0	0
Illinois Tool Works Inc.	COM	452308109	14,103	99,933	SH		SOLE		66,443	0	26,050
Intel Corporation	COM	458140100	13,957	295,131	SH		SOLE		131,376	0	123,655
IntercontinentalExchange Group	COM	45866F104	7,152	95,503	SH		SOLE		91,358	0	4,145
International Business Machine	COM	459200101	6,623	43,801	SH		SOLE		27,961	0	13,140
Intl Paper Co Com	COM	460146103	431	8,775	SH		SOLE		8,775	0	0
Intuit Inc.	COM	461202103	1,243	5,466	SH		SOLE		5,466	0	0
Invesco BulletShares 2019 Corp	ETF	46138J304	271	12,850	SH		SOLE		12,850	0	0
Invesco BulletShares 2019 High	ETF	46138J403	210	8,650	SH		SOLE		8,650	0	0
Invesco BulletShares 2020 Corp	ETF	46138J502	666	31,599	SH		SOLE		31,199	0	400
Invesco BulletShares 2021 Corp	ETF	46138J700	508	24,473	SH		SOLE		23,873	0	600
Invesco BulletShares 2022 Corp	ETF	46138J882	545	26,400	SH		SOLE		25,600	0	800
Invesco BulletShares 2023 Corp	ETF	46138J866	535	26,438	SH		SOLE		26,138	0	300
Invesco BulletShares 2024 Corp	ETF	46138J841	409	20,350	SH		SOLE		19,850	0	500
Invesco Senior Loan ETF	ETF	46138G508	555	23,950	SH		SOLE		23,450	0	500
iPATH Dow Jones UBS Commodity	ETF	06738C778	735	30,950	SH		SOLE		29,550	0	1,400
iShares 0-5 Year TIPS Bond ETF	ETF	46429B747	1,801	18,235	SH		SOLE		16,070	0	2,165
iShares Core MSCI EAFE	ETF	46432F842	3,787	59,100	SH		SOLE		57,000	0	2,100
iShares Core MSCI Emerging Mar	ETF	46434G103	2,272	43,886	SH		SOLE		40,641	0	3,245
iShares Core S&P MidCap	ETF	464287507	15,849	78,737	SH		SOLE		73,952	0	4,785
iShares Core S&P SmallCap	ETF	464287804	40,810	467,792	SH		SOLE		368,112	0	99,365
iShares Core Total US Bond Mar	ETF	464287226	3,949	37,427	SH		SOLE		31,065	0	6,362
iShares Dow Jones U.S. Technol	COM	464287721	437	2,250	SH		SOLE		2,250	0	0
iShares Dow Jones US Oil & Gas	COM	464288851	529	6,965	SH		SOLE		6,590	0	375
iShares Dow Jones US Oil Equip	COM	464288844	211	5,900	SH		SOLE		5,800	0	100
iShares Floating Rate Bond ETF	ETF	46429B655	2,318	45,425	SH		SOLE		38,925	0	6,500
iShares iBonds Dec 2018 Corpor	ETF	46434VAA8	281	11,200	SH		SOLE		10,300	0	900
iShares iBonds Dec 2019 Corpor	ETF	46434VAU4	370	14,925	SH		SOLE		14,525	0	400
iShares Intermediate-Term Corp	ETF	464288638	2,557	48,155	SH		SOLE		40,055	0	8,100
iShares JPMorgan Emerg Mrkts B	ETF	464288281	1,101	10,215	SH		SOLE		9,500	0	715
iShares MSCI EAFE ESG	ETF	46435G516	871	13,150	SH		SOLE		13,150	0	0
iShares MSCI EAFE Small Cap In	ETF	464288273	1,486	23,857	SH		SOLE		22,007	0	1,850
iShares MSCI EM ESG	ETF	46434G863	217	6,500	SH		SOLE		6,500	0	0
iShares MSCI Emerging Markets	ETF	464287234	1,907	44,435	SH		SOLE		41,620	0	2,815
iShares MSCI USA Small-Cap ESG	ETF	46435U663	479	17,000	SH		SOLE		17,000	0	0
iShares Nasdaq Biotechnology I	COM	464287556	5,046	41,384	SH		SOLE		39,334	0	2,050
iShares National Muni Bond Fun	ETF	464288414	5,969	55,300	SH		SOLE		50,075	0	5,225
iShares Russell 1000 Growth In	ETF	464287614	1,366	8,755	SH		SOLE		8,455	0	300
iShares Russell 2000 Index Fun	ETF	464287655	338	2,007	SH		SOLE		1,447	0	560
iShares Russell 3000	ETF	464287689	830	4,815	SH		SOLE		4,665	0	150
iShares Russell Midcap Index F	ETF	464287499	1,852	8,400	SH		SOLE		7,044	0	1,356
iShares S&P 500 Growth Index F	ETF	464287309	359	2,025	SH		SOLE		1,950	0	75
iShares S&P 500 Index Fund	ETF	464287200	2,430	8,301	SH		SOLE		5,300	0	3,001
iShares S&P Global Energy Inde	COM	464287341	2,486	65,899	SH		SOLE		59,449	0	6,450
iShares S&P New York AMT-Free	ETF	464288323	245	4,500	SH		SOLE		4,500	0	0
iShares S&P Short Term Nat'l A	ETF	464288158	309	2,950	SH		SOLE		2,950	0	0
iShares Short Treasury Bond	ETF	464288679	221	2,000	SH		SOLE		2,000	0	0
iShares Short-Term Corporate B	ETF	464288646	3,905	75,352	SH		SOLE		66,872	0	8,480
iShares Tr MSCI EAFE Index	ETF	464287465	16,673	245,225	SH		SOLE		226,560	0	18,665
iShares U.S. Preferred Stock	ETF	464288687	524	14,100	SH		SOLE		12,200	0	1,900
iShares Ultra Short-Term Bond	ETF	46434V878	889	17,711	SH		SOLE		14,436	0	3,275
J P Morgan Chase & Co	COM	46625H100	20,583	182,407	SH		SOLE		127,772	0	54,635
J.M. Smucker Company	COM	832696405	6,302	61,413	SH		SOLE		33,830	0	21,383
Jacobs Engineering Group Inc	COM	469814107	302	3,945	SH		SOLE		3,945	0	0
Johnson & Johnson Co.	COM	478160104	28,149	203,726	SH		SOLE		110,768	0	89,358
JPMorgan Chase & Co Alerian ML	ETF	46625H365	773	28,140	SH		SOLE		26,690	0	1,450
KeyCorp	COM	493267108	1,092	54,900	SH		SOLE		54,900	0	0
Keysight Technologies, Inc.	COM	49338L103	362	5,459	SH		SOLE		5,459	0	0
Kimberly-Clark Corp	COM	494368103	556	4,892	SH		SOLE		1,717	0	3,175
Kohls Corp	COM	500255104	1,856	24,900	SH		SOLE		23,875	0	1,025
Laboratory Corp Amer Hldgs	COM	50540R409	729	4,200	SH		SOLE		4,200	0	0
Las Vegas Sands Corp	COM	517834107	961	16,200	SH		SOLE		16,200	0	0
Lockheed Martin Corpration	COM	539830109	1,494	4,317	SH		SOLE		4,317	0	0
Lowes Companies Inc.	COM	548661107	3,083	26,850	SH		SOLE		26,850	0	0
Marathon Petroleum Corporation	COM	56585A102	2,744	34,317	SH		SOLE		32,257	0	2,060
Marsh & McLennan Companies, In	COM	571748102	1,047	12,660	SH		SOLE		8,440	0	4,220
MasterCard, Inc.	COM	57636Q104	14,750	66,260	SH		SOLE		34,240	0	32,020
McDonalds Corp	COM	580135101	4,648	27,784	SH		SOLE		20,479	0	7,305
Merck & Co., Inc.	COM	58933Y105	12,690	178,887	SH		SOLE		111,847	0	67,040
MetLife, Inc.	COM	59156R108	845	18,085	SH		SOLE		18,085	0	0
Microchip Technology, Inc.	COM	595017104	804	10,183	SH		SOLE		9,988	0	195
Microsoft Corp	COM	594918104	42,372	370,478	SH		SOLE		212,140	0	153,538
Mondelez International, Inc.	COM	609207105	570	13,278	SH		SOLE		13,002	0	276
Nestle SA-Sponsored ADR	COM	641069406	13,414	161,228	SH		SOLE		77,957	0	81,771
Netflix Inc.	COM	64110L106	1,391	3,718	SH		SOLE		3,478	0	240
New Residential Investment Cor	COM	64828T201	704	39,525	SH		SOLE		39,525	0	0
Nextera Energy, Inc.	COM	65339F101	2,096	12,504	SH		SOLE		12,504	0	0
Nike Inc	COM	654106103	2,002	23,629	SH		SOLE		22,244	0	1,385
Norfolk Southern Corp	COM	655844108	433	2,400	SH		SOLE		2,400	0	0
Northern Trust Corp	COM	665859104	8,665	84,846	SH		SOLE		44,971	0	38,375
Northrop Grumman Corporation	COM	666807102	2,687	8,468	SH		SOLE		7,928	0	540
Novartis AG	COM	66987V109	4,836	56,125	SH		SOLE		53,584	0	2,531
NVIDIA Corporation	COM	67066G104	7,769	27,645	SH		SOLE		17,730	0	9,915
Occidental Petroleum Corp	COM	674599105	974	11,855	SH		SOLE		11,760	0	95
Omnicom Group Inc.	COM	681919106	2,116	31,111	SH		SOLE		30,111	0	1,000
ONEOK, Inc.	COM	682680103	680	10,025	SH		SOLE		10,025	0	0
Oracle Systems Corporation	COM	68389X105	10,979	212,937	SH		SOLE		154,267	0	58,670
Packaging Corp of America	COM	695156109	315	2,875	SH		SOLE		2,875	0	0
PacWest Bancorp	COM	695263103	815	17,100	SH		SOLE		17,100	0	0
Palo Alto Networks, Inc.	COM	697435105	5,799	25,744	SH		SOLE		25,289	0	445
Paychex Inc.	COM	704326107	349	4,735	SH		SOLE		3,300	0	1,435
PayPal Holdings, Inc.	COM	70450Y103	2,247	25,580	SH		SOLE		24,465	0	1,115
Pepsico Inc	COM	713448108	29,154	260,773	SH		SOLE		163,524	0	90,049
Perma-Fix Enviornmental Servic	COM	714157203	42	10,000	SH		SOLE		10,000	0	0
Pfizer, Inc	COM	717081103	9,768	221,642	SH		SOLE		129,992	0	61,803
Philip Morris International, I	COM	718172109	1,041	12,766	SH		SOLE		11,866	0	900
Pinnacle Financial Partners	COM	72346Q104	417	6,935	SH		SOLE		6,935	0	0
PNC Financial Corp	COM	693475105	11,183	82,115	SH		SOLE		48,125	0	33,990
Praxair Inc	COM	74005P104	3,920	24,386	SH		SOLE		23,036	0	1,350
Procter & Gamble Co	COM	742718109	3,911	46,991	SH		SOLE		41,233	0	5,758
Progressive Corporation	COM	743315103	222	3,120	SH		SOLE		3,120	0	0
Qualcomm Inc.	COM	747525103	1,407	19,535	SH		SOLE		19,535	0	0
Raytheon Co	COM	755111507	9,112	44,090	SH		SOLE		21,430	0	22,660
Regeneron Pharmaceuticals, Inc	COM	75886F107	1,776	4,396	SH		SOLE		1,883	0	2,513
Rite Aid Corp	COM	767754104	26	20,390	SH		SOLE		390	0	20,000
Rockwell Collins, Inc.	COM	774341101	372	2,646	SH		SOLE		2,608	0	38
Roper Industries Inc New	COM	776696106	2,531	8,545	SH		SOLE		8,005	0	540
Royal Dutch Shell PLC ADR CL A	COM	780259206	1,154	16,930	SH		SOLE		16,040	0	890
Royal Dutch Shell PLC ADR CL B	COM	780259107	665	9,375	SH		SOLE		675	0	8,700
S&P Global Inc.	COM	78409V104	1,957	10,015	SH		SOLE		9,360	0	655
Salesforce Com Inc.	COM	79466L302	10,325	64,928	SH		SOLE		61,453	0	3,475
Schlumberger Ltd	COM	806857108	2,376	39,000	SH		SOLE		38,500	0	500
Schwab U.S. Broad Market	ETF	808524102	479	6,805	SH		SOLE		6,805	0	0
Seagate Technology	COM	G7945M107	339	7,160	SH		SOLE		6,645	0	515
Sherwin Williams Co	COM	824348106	3,497	7,682	SH		SOLE		182	0	3,000
Six Flags Entertainment Corpor	COM	83001A102	827	11,845	SH		SOLE		11,845	0	0
Skyworks Solutions, Inc.	COM	83088M102	1,438	15,850	SH		SOLE		15,755	0	95
Southern Company	COM	842587107	468	10,740	SH		SOLE		1,965	0	8,775
SPDR Barclays Capital Short Te	ETF	78468R408	794	28,795	SH		SOLE		24,750	0	4,045
SPDR Barclays Capital Short Te	ETF	78468R739	2,861	59,989	SH		SOLE		59,989	0	0
SPDR Blackstone/GSO Senior Loa	ETF	78467V608	801	16,915	SH		SOLE		14,390	0	2,525
SPDR Energy Select Sector	COM	81369Y506	341	4,500	SH		SOLE		4,500	0	0
SPDR Financial Select Sector	COM	81369Y605	13,943	505,541	SH		SOLE		263,941	0	241,600
SPDR Gold Trust	ETF	78463V107	1,450	12,860	SH		SOLE		11,065	0	1,795
SPDR S&P 500 ETF Trust	ETF	78462F103	17,213	59,210	SH		SOLE		49,724	0	9,486
SPDR S&P International SmallCa	ETF	78463X871	1,335	38,853	SH		SOLE		36,303	0	2,550
SPDR S&P Midcap 400	ETF	78467Y107	8,881	24,168	SH		SOLE		20,468	0	3,700
SPDR Utilities Select Sector	COM	81369Y886	211	4,000	SH		SOLE		0	0	4,000
Spire, Inc.	COM	84857L101	434	5,900	SH		SOLE		0	0	5,900
Starbucks Corp	COM	855244109	5,215	91,751	SH		SOLE		86,936	0	4,815
Stericycle Inc.	COM	858912108	207	3,520	SH		SOLE		3,520	0	0
Stryker Corporation	COM	863667101	19,702	110,887	SH		SOLE		64,502	0	45,285
Sysco Corporation	COM	871829107	1,634	22,303	SH		SOLE		9,423	0	12,880
Target Corp	COM	87612E106	418	4,743	SH		SOLE		4,709	0	34
TD Ameritrade Holding Corp	COM	87236Y108	220	4,160	SH		SOLE		3,900	0	260
Texas Instruments Inc.	COM	882508104	2,673	24,910	SH		SOLE		24,910	0	0
Thermo Fisher Scientific, Inc.	COM	883556102	13,604	55,736	SH		SOLE		53,038	0	2,688
TJX Companies Inc.	COM	872540109	3,543	31,628	SH		SOLE		29,378	0	2,250
T-Mobile US, Inc.	COM	872590104	1,732	24,685	SH		SOLE		23,645	0	1,040
Total SA ADR	COM	89151E109	671	10,425	SH		SOLE		10,425	0	0
UGI Corp New	COM	902681105	533	9,600	SH		SOLE		0	0	9,600
Union Pacific Corp	COM	907818108	7,925	48,668	SH		SOLE		46,818	0	1,850
United Rentals Inc.	COM	911363109	316	1,930	SH		SOLE		1,820	0	110
United Technologies Corp	COM	913017109	14,710	105,216	SH		SOLE		60,161	0	45,055
UnitedHealth Group, Inc.	COM	91324P102	13,254	49,818	SH		SOLE		35,968	0	13,850
US Bancorp Del New	COM	902973304	248	4,695	SH		SOLE		3,695	0	1,000
Vail Resorts, Inc.	COM	91879Q109	840	3,060	SH		SOLE		3,060	0	0
Valero Refining & Marketing Co	COM	91913Y100	799	7,025	SH		SOLE		7,025	0	0
VanEck Vectors High Yield Muni	ETF	92189F361	1,625	52,200	SH		SOLE		46,000	0	6,200
Vanguard Emerging Markets	ETF	922042858	2,486	60,625	SH		SOLE		58,375	0	2,250
Vanguard FTSE All-World Ex-US	ETF	922042775	13,620	261,670	SH		SOLE		240,110	0	21,560
Vanguard Mid-Cap ETF	ETF	922908629	1,361	8,288	SH		SOLE		7,988	0	300
Vanguard MSCI EAFE	ETF	921943858	4,203	97,125	SH		SOLE		93,150	0	3,975
Vanguard REIT	COM	922908553	2,528	31,331	SH		SOLE		30,206	0	1,125
Vanguard Short-Term Inflation	ETF	922020805	1,648	34,066	SH		SOLE		34,066	0	0
Vanguard Small-Cap ETF	ETF	922908751	4,936	30,358	SH		SOLE		29,708	0	650
Vanguard Total Bond Market Fun	ETF	921937835	672	8,543	SH		SOLE		5,643	0	2,900
Vanguard Total International B	ETF	92203J407	436	8,000	SH		SOLE		7,100	0	900
Vanguard Total Stock Market VI	ETF	922908769	3,131	20,925	SH		SOLE		20,200	0	725
Vectren Corporation	COM	92240G101	1,477	20,667	SH		SOLE		20,667	0	0
Veris Gold Corp	COM	92346R100	1	10,000	SH		SOLE		0	0	10,000
Verizon Communications	COM	92343V104	1,960	36,708	SH		SOLE		33,542	0	3,166
Visa Inc.	COM	92826C839	22,093	147,198	SH		SOLE		119,545	0	27,643
Vodafone Group New ADR	COM	92857W308	335	15,450	SH		SOLE		15,450	0	0
Voya Financial, Inc.	COM	929089100	1,891	38,065	SH		SOLE		37,815	0	250
Walgreens Boots Alliance, Inc.	COM	931427108	23,633	324,179	SH		SOLE		158,651	0	157,328
Walt Disney Co.	COM	254687106	20,469	175,035	SH		SOLE		94,662	0	70,173
WEC Energy Group, Inc.	COM	92939U106	493	7,385	SH		SOLE		6,542	0	843
Wells Fargo & Co.	COM	949746101	2,954	56,203	SH		SOLE		46,528	0	7,575
Wells Fargo & Company 5.5 Pfd	PFD	94988U672	1,092	43,719	SH		SOLE		40,800	0	2,919
Weyerhaeuser Co.	COM	962166104	5,491	170,171	SH		SOLE		112,502	0	50,789
Willis Towers Watson PLC	COM	G96629103	4,746	33,677	SH		SOLE		15,252	0	17,525
Worldpay, Inc.	COM	981558109	1,884	18,600	SH		SOLE		18,600	0	0
Wynn Resorts Ltd.	COM	983134107	1,175	9,250	SH		SOLE		8,620	0	630
XPO Logistics, Inc.	COM	983793100	1,378	12,070	SH		SOLE		11,470	0	600
YUM! Brands, Inc.	COM	988498101	432	4,755	SH		SOLE		4,755	0	0
Zebra Technologies Corp	COM	989207105	855	4,836	SH		SOLE		0	0	4,836
Zoetis, Inc.	COM	98978V103	2,176	23,770	SH		SOLE		22,195	0	1,575