Mathes 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
Abtech Hldgs Inc	COM	00400H108	18	52,500	SH		SOLE		52,500	0	0
Akamai Technologies	COM	00971T101	221	3,700	SH		SOLE		3,700	0	0
Alexion Pharmaceuticals Inc	COM	015351109	265	1,600	SH		SOLE		1,600	0	0
Amazon Com Inc	COM	023135106	6,573	20,388	SH		SOLE		20,388	0	0
American Electrical Power Inc	COM	025537101	294	5,625	SH		SOLE		5,625	0	0
Amgen Inc	COM	031162100	2,219	15,795	SH		SOLE		15,795	0	0
Apple Inc.	COM	037833100	7,667	76,098	SH		SOLE		76,098	0	0
Applied Matls Inc	COM	038222105	601	27,850	SH		SOLE		27,850	0	0
AT&T Corp	COM	00206R102	2,171	61,620	SH		SOLE		61,620	0	0
Atlas Pipeline Partners LP	COM	049392103	1,107	30,350	SH		SOLE		30,350	0	0
Baidu Inc	Spons. ADR	056752108	589	2,700	SH		SOLE		2,700	0	0
Bank of New York Mellon Corp	COM	064058100	255	6,573	SH		SOLE		6,573	0	0
Bank of America Corp	COM	060505104	1,494	87,608	SH		SOLE		87,608	0	0
Berkshire Hathaway Inc Cl B	COM	084670702	774	5,600	SH		SOLE		5,600	0	0
Biogen Idec Inc.	COM	09062X103	744	2,250	SH		SOLE		2,250	0	0
Boeing Co	COM	097023105	2,674	20,991	SH		SOLE		20,991	0	0
Bristol-Myers Squibb Co	COM	110122108	456	8,908	SH		SOLE		8,908	0	0
Buckeye Partners LP	COM	118230101	370	4,650	SH		SOLE		4,650	0	0
Buffalo Wild Wings Inc.	COM	119848109	614	4,575	SH		SOLE		4,575	0	0
Caterpillar Inc	COM	149123101	2,618	26,432	SH		SOLE		26,432	0	0
Celgene Corp	COM	151020104	913	9,630	SH		SOLE		9,630	0	0
Cheesecake Factory Inc.	COM	163072101	382	8,400	SH		SOLE		8,400	0	0
Chevron Corp.	COM	166764100	623	5,219	SH		SOLE		5,219	0	0
Chipotle Mexican Grill	Cl. A	169656105	1,250	1,875	SH		SOLE		1,875	0	0
Cisco Systems Inc	COM	17275R102	351	13,950	SH		SOLE		13,950	0	0
Coca Cola Co.	COM	191216100	350	8,195	SH		SOLE		8,195	0	0
Consolidated Edison	COM	209115104	555	9,800	SH		SOLE		9,800	0	0
Costco Wholesale Corp	COM	22160K105	307	2,450	SH		SOLE		2,450	0	0
CSX Corp	COM	126408103	2,224	69,360	SH		SOLE		69,360	0	0
Cummins Inc.	COM	231021106	482	3,650	SH		SOLE		3,650	0	0
CVS Caremark Corp	COM	126650100	286	3,588	SH		SOLE		3,588	0	0
3-D Sys	COM	88554D205	234	5,050	SH		SOLE		5,050	0	0
Deere & Co	COM	244199105	2,101	25,624	SH		SOLE		25,624	0	0
Du Pont E I De Nemours	COM	263534109	3,142	43,790	SH		SOLE		43,790	0	0
Enbridge Energy Partners	COM	29250R106	597	15,375	SH		SOLE		15,375	0	0
Energy XXI (Bermuda) Ltd	COM	G10082140	481	42,400	SH		SOLE		42,400	0	0
EOG Resources	COM	26875P101	243	2,450	SH		SOLE		2,450	0	0
Exxon Mobil Corp	COM	30231G102	1,214	12,903	SH		SOLE		12,903	0	0
Facebook Inc.	Cl. A	30303M102	603	7,625	SH		SOLE		7,625	0	0
Fedex Corp.	COM	31428X106	2,755	17,065	SH		SOLE		17,065	0	0
Freeport McMoran Copper & Gold Inc	COM	35671D857	897	27,469	SH		SOLE		27,469	0	0
Frontier Communications Corp	COM	35906A108	150	23,050	SH		SOLE		23,050	0	0
General Electric Co	COM	369604103	4,407	171,996	SH		SOLE		171,996	0	0
General Mills Inc.	COM	370334104	303	6,000	SH		SOLE		6,000	0	0
Gilead Sciences Inc	COM	375558103	3,619	34,000	SH		SOLE		34,000	0	0
Goldman Sachs Group Inc.	COM	38141G104	2,428	13,225	SH		SOLE		13,225	0	0
Google Inc Cl A	Cl. A	38259P508	4,004	6,805	SH		SOLE		6,805	0	0
Google Inc Cl C	Cl. C	38259P706	3,606	6,245	SH		SOLE		6,245	0	0
Greenbrier Cos Inc.	COM	393657101	4,708	64,155	SH		SOLE		64,155	0	0
Gulfmark Offshore Inc	COM	402629208	705	22,500	SH		SOLE		22,500	0	0
Harley Davidson Inc	COM	412822108	991	17,028	SH		SOLE		17,028	0	0
Hershey Co.	COM	427866108	656	6,874	SH		SOLE		6,874	0	0
Home Depot Inc	COM	437076102	578	6,300	SH		SOLE		6,300	0	0
Illinois Tool Wks Inc	COM	452308109	219	2,600	SH		SOLE		2,600	0	0
Ingersoll Rand PLC (IRELAND)	COM	G47791101	2,202	39,075	SH		SOLE		39,075	0	0
Intel Corp	COM	458140100	2,046	58,758	SH		SOLE		58,758	0	0
International Business Machines	COM	459200101	626	3,297	SH		SOLE		3,297	0	0
Johnson & Johnson	COM	478160104	4,308	40,414	SH		SOLE		40,414	0	0
JP Morgan Chase & Co	COM	46625H100	4,838	80,306	SH		SOLE		80,306	0	0
Kinder Morgan Energy UT LP	COM	494550106	354	3,800	SH		SOLE		3,800	0	0
Lions Gate Entertainment Corp	COM	535919203	653	19,800	SH		SOLE		19,800	0	0
Magnum Hunter Resources Corp	COM	55973B102	137	24,550	SH		SOLE		24,550	0	0
Markwest Energy Partners LP	COM	570759100	711	9,250	SH		SOLE		9,250	0	0
Mead Johnson Nutrition Co	COM	582839106	1,913	19,878	SH		SOLE		19,878	0	0
Merck & Co New	COM	58933Y105	1,719	28,992	SH		SOLE		28,992	0	0
Microsoft Corp	COM	594918104	850	18,345	SH		SOLE		18,345	0	0
National Oilwell Varco Inc	COM	637071101	2,363	31,050	SH		SOLE		31,050	0	0
Nestle N	Spons. ADR	641069406	2,361	32,107	SH		SOLE		32,107	0	0
Netflix Inc	COM	64110L106	440	975	SH		SOLE		975	0	0
Nokia Corp	Spons. ADR	654902204	176	20,750	SH		SOLE		20,750	0	0
Nucor Corp	COM	670346105	387	7,125	SH		SOLE		7,125	0	0
Oceaneering Int'l. Inc.	COM	675232102	818	12,550	SH		SOLE		12,550	0	0
Oracle Corp	COM	68389X105	2,272	59,365	SH		SOLE		59,365	0	0
Palo Alto Networks Inc.	COM	697435105	988	10,075	SH		SOLE		10,075	0	0
Panera Bread Co	Cl. A	69840W108	594	3,650	SH		SOLE		3,650	0	0
Parker Hannifin Corp	COM	701094104	2,252	19,730	SH		SOLE		19,730	0	0
Penn West Petroleum Ltd New	COM	707887105	223	33,000	SH		SOLE		33,000	0	0
Pepsico Inc.	COM	713448108	833	8,950	SH		SOLE		8,950	0	0
Pfizer Inc	COM	717081103	695	23,511	SH		SOLE		23,511	0	0
PG & E Corp.	COM	69331C108	1,263	28,035	SH		SOLE		28,035	0	0
Precision Castparts Corp	COM	740189105	734	3,100	SH		SOLE		3,100	0	0
Procter & Gamble Co.	COM	742718109	2,765	33,018	SH		SOLE		33,018	0	0
Qualcomm Inc.	COM	747525103	1,687	22,560	SH		SOLE		22,560	0	0
Regeneron Pharmaceuticals Inc	COM	75886F107	243	675	SH		SOLE		675	0	0
Salesforce.com Inc	COM	79466L302	5,472	95,110	SH		SOLE		95,110	0	0
Schlumberger Ltd	COM	806857108	3,278	32,237	SH		SOLE		32,237	0	0
Smucker J M Co	COM	832696405	2,214	22,370	SH		SOLE		22,370	0	0
Southern Copper Corp	COM	84265V105	420	14,162	SH		SOLE		14,162	0	0
Starbucks Corp	COM	855244109	669	8,865	SH		SOLE		8,865	0	0
Starwood Hotels and Resorts	COM	85590A401	349	4,200	SH		SOLE		4,200	0	0
SVB Finl Group	COM	78486Q101	1,472	13,131	SH		SOLE		13,131	0	0
T Rowe Price Group Inc	COM	74144T108	2,219	28,305	SH		SOLE		28,305	0	0
Tata Motors Ltd	Spons. ADR	876568502	903	20,650	SH		SOLE		20,650	0	0
TC Pipelines LC	COM	87233Q108	444	6,550	SH		SOLE		6,550	0	0
Tiffany and Co New	COM	886547108	2,365	24,560	SH		SOLE		24,560	0	0
Transocean Ltd.	COM	H8817H100	462	14,450	SH		SOLE		14,450	0	0
Twitter Inc	COM	90184L102	3,215	62,325	SH		SOLE		62,325	0	0
Under Armor Inc	COM	904311107	1,064	15,400	SH		SOLE		15,400	0	0
Union Pacific Corp	COM	907818108	2,906	26,805	SH		SOLE		26,805	0	0
United Technologies Corp.	COM	913017109	297	2,815	SH		SOLE		2,815	0	0
Urban Outfitters Inc.	COM	917047102	569	15,500	SH		SOLE		15,500	0	0
US Silica Holdings Inc	COM	90346E103	2,441	39,050	SH		SOLE		39,050	0	0
Verizon Communications Inc.	COM	92343V104	702	14,036	SH		SOLE		14,036	0	0
Wabco Holdings Inc.	COM	92927K102	468	5,150	SH		SOLE		5,150	0	0
Whirlpool Corp	COM	963320106	2,180	14,970	SH		SOLE		14,970	0	0
Whole Foods Mkt Inc	Cl. A	966837106	368	9,650	SH		SOLE		9,650	0	0
Workday Inc.	COM	98138H101	295	3,575	SH		SOLE		3,575	0	0
Wynn Resorts Ltd	COM	983134107	748	4,000	SH		SOLE		4,000	0	0
Magnum Hunter Res. Corp. Ser. C	Preferred	55973B201	318	12,250	SH		SOLE		12,250	0	0
Magnum Hunter Res. Corp. Ser. D	Preferred	55973B300	1,936	39,750	SH		SOLE		39,750	0	0
MetLife Inc Prfrd B	Preferred	59156R603	349	15,025	SH		SOLE		15,025	0	0
Tennessee Valley Authority	Preferred	880591300	296	12,395	SH		SOLE		12,395	0	0
Wells Fargo & Co Prfd J	Preferred	949746879	581	20,025	SH		SOLE		20,025	0	0
Sandridge Energy Inc P	Preferred	80007P604	218	2,250	SH		SOLE		2,250	0	0
Flaherty & Crumrine Dynamic Pfd	COM	33848W106	1,280	56,650	SH		SOLE		56,650	0	0
Pimco Dynamic Credit Income Fund	COM	72202D106	1,937	86,200	SH		SOLE		86,200	0	0
SPDR ST High Yield	COM	78468R408	693	23,150	SH		SOLE		23,150	0	0
Tortoise MLP Fund Inc	COM	89148B101	674	23,224	SH		SOLE		23,224	0	0
Natural Resources Partners LP	COM	63900P103	708	54,300	SH		SOLE		54,300	0	0
Ishares Inc. MSCI Malaysia	COM	464286830	308	20,000	SH		SOLE		20,000	0	0
MKT VECT Indonesia Index	COM	57060U753	205	8,200	SH		SOLE		8,200	0	0
WisdomTree TR Japan Hedged Equity	COM	97717W851	311	5,950	SH		SOLE		5,950	0	0
ALPS Alerian MLP ETF	COM	00162Q866	1,766	92,100	SH		SOLE		92,100	0	0
First Trust DJ Internet Index ETF	COM	33733E302	2,690	44,170	SH		SOLE		44,170	0	0
Industrial Select Sector SPDR ETF	COM	81369Y704	921	17,335	SH		SOLE		17,335	0	0
Ishares Core S&P500 ETF	COM	464287200	345	1,740	SH		SOLE		1,740	0	0
Ishares Core S&P Small Cap ETF	COM	464287804	287	2,750	SH		SOLE		2,750	0	0
Ishares Dow Jones US ETF	COM	464287846	1,418	14,300	SH		SOLE		14,300	0	0
Ishares MSCI Pacific Ex-Japan ETF	COM	464286665	257	5,578	SH		SOLE		5,578	0	0
Ishares Morningstar Large-Cap ETF	COM	464287127	854	7,410	SH		SOLE		7,410	0	0
Ishares North American Tech ETF	COM	464287549	2,246	22,945	SH		SOLE		22,945	0	0
Ishares Russell 2000 ETF	COM	464287655	3,122	28,551	SH		SOLE		28,551	0	0
Ishares Russell Mid-Cap ETF	COM	464287499	1,294	8,175	SH		SOLE		8,175	0	0
Ishares Russell Mid-Cap Growth ETF	COM	464287481	853	9,650	SH		SOLE		9,650	0	0
Ishares Russell Mid-Cap Value ETF	COM	464287473	287	4,095	SH		SOLE		4,095	0	0
Ishares S&P 500 Value ETF	COM	464287408	252	2,800	SH		SOLE		2,800	0	0
Ishares US Preferred Stock ETF	COM	464288687	1,168	29,550	SH		SOLE		29,550	0	0
Market Vectors Gold Miners	COM	57060U100	241	11,300	SH		SOLE		11,300	0	0
Powershares QQQ Trust SR1	COM	73935A104	326	3,300	SH		SOLE		3,300	0	0
Powershares Nasdaq Internet Portfolio	COM	73935X146	305	4,457	SH		SOLE		4,457	0	0
Proshares Short 7-10 Year Treasury	COM	74348A608	347	11,000	SH		SOLE		11,000	0	0
Rydex Guggenheim S&P 500 Equal Wt	COM	78355W106	519	6,850	SH		SOLE		6,850	0	0
SPDR Gold Trust	COM	78463V107	773	6,650	SH		SOLE		6,650	0	0
SPDR S&P 500 ETF Trust	COM	78462F103	888	4,505	SH		SOLE		4,505	0	0
SPDR Ser Tr S&P Dividend	COM	78464A763	1,591	21,235	SH		SOLE		21,235	0	0
SPDR Fd Technology	COM	81369Y803	477	11,950	SH		SOLE		11,950	0	0
Vanguard Extended Market ETF	COM	922908652	891	10,660	SH		SOLE		10,660	0	0
Vanguard FTSE Emerging Markets ETF	COM	922042858	2,209	52,970	SH		SOLE		52,970	0	0
Vanguard Growth ETF	COM	922908736	518	5,200	SH		SOLE		5,200	0	0
Vanguard High Div Yield	COM	921946406	478	7,200	SH		SOLE		7,200	0	0
Vanguard Large-Cap ETF	COM	922908637	486	5,370	SH		SOLE		5,370	0	0
Vanguard Industrial ETF	COM	92204A603	412	4,061	SH		SOLE		4,061	0	0
Vanguard Mid Cap ETF	COM	922908629	211	1,800	SH		SOLE		1,800	0	0
Vanguard Mid Cap Growth ETF	COM	922908538	827	8,585	SH		SOLE		8,585	0	0
Vanguard Mid Cap Value ETF	COM	922908512	317	3,735	SH		SOLE		3,735	0	0
Vanguard Sml-Cap Grwth ETF	COM	922908595	278	2,310	SH		SOLE		2,310	0	0
Vanguard Total Stock Market ETF	COM	922908769	873	8,625	SH		SOLE		8,625	0	0
Vanguard Value ETF	COM	922908744	378	4,660	SH		SOLE		4,660	0	0
Ishares Floating Rate Bond ETF	COM	46429B655	1,169	23,000	SH		SOLE		23,000	0	0
Ishares TIPS Bond ETF	COM	464287176	572	5,100	SH		SOLE		5,100	0	0
Pimco Enhanced Short Mat Strategy ETF	COM	72201R833	537	5,300	SH		SOLE		5,300	0	0
Vanguard Short-Term Inf Protect Sec Idx ETF	COM	922020805	276	5,600	SH		SOLE		5,600	0	0