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

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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
Alphabet Inc. Class A	COM	02079K305	6,045	5,829	SH		SOLE		5,829	0	0
Alphabet Inc. Class C	COM	02079K107	767	743	SH		SOLE		743	0	0
Amazon Com Inc	COM	023135106	9,285	5,625	SH		SOLE		5,625	0	0
American Electrical Power Inc	COM	025537101	386	5,625	SH		SOLE		5,625	0	0
Amgen Inc	COM	031162100	938	5,505	SH		SOLE		5,505	0	0
Apple Inc.	COM	037833100	8,071	48,103	SH		SOLE		48,103	0	0
Applied Materials Inc.	COM	038222105	3,788	68,110	SH		SOLE		68,110	0	0
AT&T Corp	COM	00206R102	2,344	65,750	SH		SOLE		65,750	0	0
Bank of America Corp	COM	060505104	1,405	46,851	SH		SOLE		46,851	0	0
Berkshire Hathaway Inc Cl B	COM	084670702	299	1,500	SH		SOLE		1,500	0	0
Boeing Co	COM	097023105	5,364	16,360	SH		SOLE		16,360	0	0
Bristol-Myers Squibb Co	COM	110122108	314	4,959	SH		SOLE		4,959	0	0
Buckeye Partners LP	COM	118230101	317	8,475	SH		SOLE		8,475	0	0
Caterpillar Inc	COM	149123101	4,500	30,532	SH		SOLE		30,532	0	0
Chevron Corp.	COM	166764100	619	5,425	SH		SOLE		5,425	0	0
Cisco Systems Inc	COM	17275R102	631	14,710	SH		SOLE		14,710	0	0
Citigroup Inc.	COM	172967424	4,673	69,223	SH		SOLE		69,223	0	0
Coca Cola Co.	COM	191216100	209	4,820	SH		SOLE		4,820	0	0
Consolidated Edison	COM	209115104	968	12,425	SH		SOLE		12,425	0	0
Costco Wholesale Corp	COM	22160K105	396	2,100	SH		SOLE		2,100	0	0
Deere & Co	COM	244199105	4,271	27,494	SH		SOLE		27,494	0	0
Disney Walt Co	COM	254687106	442	4,400	SH		SOLE		4,400	0	0
Dow Du Pont Inc.	COM	26078J100	3,563	55,922	SH		SOLE		55,922	0	0
Energizer Holdings Inc.	COM	29272W109	3,930	65,970	SH		SOLE		65,970	0	0
Exxon Mobil Corp	COM	30231G102	686	9,195	SH		SOLE		9,195	0	0
Facebook Inc.	Cl. A	30303M102	554	3,470	SH		SOLE		3,470	0	0
Fedex Corp.	COM	31428X106	3,732	15,541	SH		SOLE		15,541	0	0
Ford Motor Company	COM	345370860	598	54,000	SH		SOLE		54,000	0	0
Freeport McMoran Copper & Gold Inc	COM	35671D857	438	24,950	SH		SOLE		24,950	0	0
General Dynamics Corp.	COM	369550108	3,727	16,870	SH		SOLE		16,870	0	0
General Electric Co	COM	369604103	643	47,709	SH		SOLE		47,709	0	0
Gilead Sciences Inc	COM	375558103	1,103	14,625	SH		SOLE		14,625	0	0
Goldman Sachs Group Inc.	COM	38141G104	2,630	10,444	SH		SOLE		10,444	0	0
Gulfmark Offshore Inc.	COM	402629505	268	9,254	SH		SOLE		9,254	0	0
Home Depot Inc	COM	437076102	847	4,750	SH		SOLE		4,750	0	0
Illinois Tool Wks Inc.	COM	452308109	1,981	12,647	SH		SOLE		12,647	0	0
Intel Corp	COM	458140100	1,293	24,827	SH		SOLE		24,827	0	0
International Business Machines	COM	459200101	437	2,847	SH		SOLE		2,847	0	0
Johnson & Johnson	COM	478160104	4,183	32,642	SH		SOLE		32,642	0	0
JP Morgan Chase & Co	COM	46625H100	4,847	44,073	SH		SOLE		44,073	0	0
Lam Research Corp.	COM	512807108	3,512	17,289	SH		SOLE		17,289	0	0
Mastercard Inc.	Cl. A	57636Q104	4,268	24,365	SH		SOLE		24,365	0	0
McCormick & Co. Inc.	COM	579780206	2,560	24,067	SH		SOLE		24,067	0	0
Merck & Co New	COM	58933Y105	1,204	22,102	SH		SOLE		22,102	0	0
Microsoft Corp	COM	594918104	5,068	55,523	SH		SOLE		55,523	0	0
3M Company	COM	88579Y101	2,948	13,428	SH		SOLE		13,428	0	0
Mohawk Industries Inc.	COM	608190104	3,242	13,960	SH		SOLE		13,960	0	0
Netflix Inc	COM	64110L106	775	2,625	SH		SOLE		2,625	0	0
Obsidian Energy Ltd.	COM	674482104	78	80,000	SH		SOLE		80,000	0	0
Parker Hannifin Corp.	COM	701094104	3,263	19,077	SH		SOLE		19,077	0	0
Pepsico Inc.	COM	713448108	726	6,650	SH		SOLE		6,650	0	0
Pfizer Inc	COM	717081103	759	21,400	SH		SOLE		21,400	0	0
Procter & Gamble Co.	COM	742718109	246	3,100	SH		SOLE		3,100	0	0
Raytheon Co.	COM	755111507	302	1,400	SH		SOLE		1,400	0	0
Royal Dutch Shell PLC	Spons. ADR	780259206	1,027	16,100	SH		SOLE		16,100	0	0
Salesforce.com Inc	COM	79466L302	4,452	38,280	SH		SOLE		38,280	0	0
Servicenow Inc.	COM	81762P102	5,050	30,520	SH		SOLE		30,520	0	0
SVB Finl Group	COM	78486Q101	468	1,950	SH		SOLE		1,950	0	0
Sysco Corp.	COM	871829107	234	3,900	SH		SOLE		3,900	0	0
TC Pipelines LP	COM	87233Q108	202	5,825	SH		SOLE		5,825	0	0
Texas Instruments Inc.	COM	882508104	3,870	37,255	SH		SOLE		37,255	0	0
Time Warner Inc.	COM	887317303	345	3,650	SH		SOLE		3,650	0	0
Union Pacific Corp	COM	907818108	3,437	25,565	SH		SOLE		25,565	0	0
United Technologies Co	COM	913017109	388	3,080	SH		SOLE		3,080	0	0
Uranium Energy Corp.	COM	916896103	40	30,700	SH		SOLE		30,700	0	0
Verizon Communications Inc.	COM	92343V104	840	17,567	SH		SOLE		17,567	0	0
Volkswagen AG	Spons. ADR	928662303	3,468	86,720	SH		SOLE		86,720	0	0
Citigroup Inc. Preferred Ser S	Preferred	172967317	368	14,000	SH		SOLE		14,000	0	0
Goldman Sachs Group Inc. Prfrd Ser N	Preferred	38148B504	375	14,000	SH		SOLE		14,000	0	0
Tennessee Valley Authority	Preferred	880591300	202	8,195	SH		SOLE		8,195	0	0
UBS AG Ldn Trigger Phoenix AC Euro Stx 50	COM	90274T494	620	67,500	SH		SOLE		67,500	0	0
Wells Fargo & Co Prfd J	Preferred	949746879	360	14,000	SH		SOLE		14,000	0	0
Tortoise MLP Fund	COM	89148B101	232	14,500	SH		SOLE		14,500	0	0
Eaton Vance High Inc 2021 FD	COM	27829W101	198	20,000	SH		SOLE		20,000	0	0
Eaton Vance Muni Bond Fund	COM	27827X101	319	27,000	SH		SOLE		27,000	0	0
First Trust Intermediate Duration Pfd Incm.	COM	33718W103	773	33,250	SH		SOLE		33,250	0	0
Flaherty & Crumrine Dynamic Pfd	Preferred	33848W106	1,477	61,100	SH		SOLE		61,100	0	0
John Hancock Tax Advantaged Div. Income Fd	COM	41013V100	331	15,250	SH		SOLE		15,250	0	0
Nuveen Connecticut Quality Incm Muni Fd	COM	67060D107	161	14,000	SH		SOLE		14,000	0	0
Nuveen High Income 11/21 Tgt Trm Fd.	COM	67077N106	290	30,000	SH		SOLE		30,000	0	0
Nuveen NY AMT-FREE Quality INCM	COM	670656107	125	10,310	SH		SOLE		10,310	0	0
Nuveen Muni Value Fund Inc.	COM	670928100	123	13,000	SH		SOLE		13,000	0	0
Pimco Dynamic Credit Income Fund	COM	72202D106	1,560	68,200	SH		SOLE		68,200	0	0
ALPS Alerian MLP ETF	COM	00162Q866	292	31,200	SH		SOLE		31,200	0	0
Energy Select Sector SPDR ETF	COM	81369Y506	792	11,750	SH		SOLE		11,750	0	0
Exponential Technologies ETF	COM	46434V381	1,238	34,025	SH		SOLE		34,025	0	0
Financial Sector SPDR ETF	COM	81369Y605	1,139	41,320	SH		SOLE		41,320	0	0
First Trust DJ Internet Index ETF	COM	33733E302	2,940	24,395	SH		SOLE		24,395	0	0
Industrial Select Sector SPDR ETF	COM	81369Y704	2,671	35,950	SH		SOLE		35,950	0	0
Ishares Biotechnology ETF	COM	464287556	1,422	13,320	SH		SOLE		13,320	0	0
Ishares Core S&P500 ETF	COM	464287200	325	1,225	SH		SOLE		1,225	0	0
Ishares Dow Jones US ETF	COM	464287846	1,504	11,385	SH		SOLE		11,385	0	0
Ishares Global Healthcare ETF	COM	464287325	512	4,600	SH		SOLE		4,600	0	0
Ishares International Select Dividend	COM	464288448	201	6,100	SH		SOLE		6,100	0	0
Ishares Morningstar Large-Cap ETF	COM	464287127	2,388	15,575	SH		SOLE		15,575	0	0
Ishares North American Tech ETF	COM	464287549	6,870	38,290	SH		SOLE		38,290	0	0
Ishares North American Tech Software ETF	COM	464287515	2,010	11,845	SH		SOLE		11,845	0	0
Ishares Russell 1000 Growth ETF	COM	464287614	2,620	19,250	SH		SOLE		19,250	0	0
Ishares Russell 2000 ETF	COM	464287655	2,534	16,690	SH		SOLE		16,690	0	0
Ishares Russell 2000 Value ETF	COM	464287630	427	3,500	SH		SOLE		3,500	0	0
Ishares Russell Mid-Cap ETF	COM	464287499	790	3,825	SH		SOLE		3,825	0	0
Ishares Russell Mid-Cap Growth ETF	COM	464287481	2,287	18,600	SH		SOLE		18,600	0	0
Ishares Russell Mid-Cap Value ETF	COM	464287473	366	4,240	SH		SOLE		4,240	0	0
Ishares S&P 500 Value ETF	COM	464287408	776	7,100	SH		SOLE		7,100	0	0
Ishares US Medical Devices ETF	COM	464288810	1,372	7,415	SH		SOLE		7,415	0	0
Ishares US Preferred Stock ETF	COM	464288687	1,198	31,900	SH		SOLE		31,900	0	0
Powershares QQQ Trust SR1	COM	73935A104	906	5,660	SH		SOLE		5,660	0	0
Robo Global Robotics & Automation	COM	301505707	1,685	40,300	SH		SOLE		40,300	0	0
Rydex Guggenheim S&P 500 Equal Wt	COM	78355W106	231	2,325	SH		SOLE		2,325	0	0
SPDR S&P Metals and Mining	COM	07846A755	386	11,325	SH		SOLE		11,325	0	0
SPDR S&P Oil & Gas Equip Svc	COM	78464A748	446	30,650	SH		SOLE		30,650	0	0
SPDR Healthcare Select Sector	COM	81369Y209	810	9,950	SH		SOLE		9,950	0	0
Proshares Short 20 Year Treasury	COM	74347X849	221	9,750	SH		SOLE		9,750	0	0
SPDR Gold Trust	COM	78463V107	333	2,650	SH		SOLE		2,650	0	0
SPDR S&P 500 ETF Trust	COM	78462F103	2,379	9,040	SH		SOLE		9,040	0	0
SPDR S&P 600 Small Cap ETF	COM	78464A813	612	4,600	SH		SOLE		4,600	0	0
SPDR Ser Tr S&P Dividend	COM	78464A763	816	8,950	SH		SOLE		8,950	0	0
SPDR S&P Midcap 400	COM	78467Y107	1,127	3,300	SH		SOLE		3,300	0	0
SPDR S&P Regional Banking ETF	COM	78464A698	1,410	23,350	SH		SOLE		23,350	0	0
SPDR Fd Technology	COM	81369Y803	674	10,300	SH		SOLE		10,300	0	0
SPDR Fd Utilities	COM	81369Y886	237	4,700	SH		SOLE		4,700	0	0
Vaneck Gold Miners ETF	COM	92189F106	400	18,200	SH		SOLE		18,200	0	0
Vanguard Extended Market ETF	COM	922908652	1,075	9,635	SH		SOLE		9,635	0	0
Vanguard Growth ETF	COM	922908736	3,485	24,565	SH		SOLE		24,565	0	0
Vanguard High Div Yield	COM	921946406	558	6,766	SH		SOLE		6,766	0	0
Vanguard Large-Cap ETF	COM	922908637	2,016	16,631	SH		SOLE		16,631	0	0
Vanguard Mid Cap ETF	COM	922908629	247	1,600	SH		SOLE		1,600	0	0
Vanguard Mid Cap Growth ETF	COM	922908538	1,065	8,220	SH		SOLE		8,220	0	0
Vanguard Total Stock Market ETF	COM	922908769	2,473	18,220	SH		SOLE		18,220	0	0
Vanguard Value ETF	COM	922908744	424	4,112	SH		SOLE		4,112	0	0
Ishares Floating Rate Bond ETF	COM	46429B655	306	6,000	SH		SOLE		6,000	0	0
Ishares TIPS Bond ETF	COM	464287176	820	7,250	SH		SOLE		7,250	0	0
SPDR Barclays High Yield Bond ETF	COM	78464A417	255	7,100	SH		SOLE		7,100	0	0
Vanguard Short Term Inflation Protected ETF	COM	922020805	293	6,000	SH		SOLE		6,000	0	0