Hanson & Doremus Investment Management 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	Common	88579Y101	252	1,775	SH		SOLE		1,775	0	0
A F L A C Inc.	Common	001055102	20	350	SH		SOLE		350	0	0
Abbott Laboratories	Common	002824100	400	9,956	SH		SOLE		9,956	0	0
AbbVie Inc.	Common	00287Y109	306	5,627	SH		SOLE		5,627	0	0
Aberdeen Singapore Fund Inc.	Common	003244100	2	225	SH		SOLE		225	0	0
Accenture Ltd Cl A F	Common	G1151C101	17	170	SH		SOLE		170	0	0
Acco Brands Corp	Common	00081T108	479	67,715	SH		SOLE		67,715	0	0
Ace Ltd	Common	H0023R105	10	100	SH		SOLE		100	0	0
ACNB Corporation	Common	000868109	130	6,229	SH		SOLE		6,229	0	0
Aetna Inc.	Common	00817Y108	4	38	SH		SOLE		38	0	0
Affiliated Managers Group	Common	008252108	5	28	SH		SOLE		28	0	0
Agco Corp.	Common	001084102	704	15,105	SH		SOLE		14,515	0	590
Agrium Inc	Common	008916108	63	700	SH		SOLE		700	0	0
Air Products & Chemicals Inc.	Common	009158106	110	861	SH		SOLE		861	0	0
Alliant Energy Corp	Common	018802108	663	11,330	SH		SOLE		11,330	0	0
Allstate	Common	020002101	115	1,982	SH		SOLE		1,982	0	0
Alphabet, Inc.	Common	38259P508	141	221	SH		SOLE		221	0	0
Alphabet, Inc.	Common	38259P706	1,328	2,182	SH		SOLE		2,145	0	37
ALPS Alerian MLP ETF	ETF	00162Q866	3	252	SH		SOLE		252	0	0
Altria Group Inc.	Common	02209S103	18	323	SH		SOLE		323	0	0
Amarin Corp Plc New ADR	ADR	023111206	2	1,075	SH		SOLE		1,075	0	0
Amazon.Com	Common	023135106	57	112	SH		SOLE		112	0	0
Amedisys Inc	Common	023436108	14	365	SH		SOLE		365	0	0
Amer Electric Pwr Co Inc	Common	025537101	30	521	SH		SOLE		521	0	0
America Movil L sh ADR	ADR	02364W105	420	25,352	SH		SOLE		25,352	0	0
American Express Company	Common	025816109	210	2,831	SH		SOLE		2,831	0	0
Amerisource Bergen Corp.	Common	03073E105	56	589	SH		SOLE		589	0	0
Amgen Incorporated	Common	031162100	125	901	SH		SOLE		901	0	0
Amkor Technology Inc	Common	031652100	808	179,905	SH		SOLE		179,905	0	0
Anacor Pharmaceuticals	Common	032420101	61	515	SH		SOLE		515	0	0
Andrea Electronics Corp.	Common	61748A189	0	4,800	SH		SOLE		4,800	0	0
Annaly Mortgage Mgmt REIT	REIT	035710409	41	4,140	SH		SOLE		4,140	0	0
Anthem Inc	Common	036752103	28	200	SH		SOLE		200	0	0
Apache Corporation	Common	037411105	110	2,815	SH		SOLE		2,815	0	0
Apple Inc.	Common	037833100	884	8,019	SH		SOLE		8,019	0	0
Apricus Biosciences Inc	Common	03832V109	1	1,000	SH		SOLE		1,000	0	0
Aqua America, Inc.	Common	03836W103	75	2,830	SH		SOLE		2,830	0	0
Archer-Daniels-Midland Inc.	Common	039483102	253	6,116	SH		SOLE		5,116	0	1,000
Arrowhead Research New	Common	042797209	3	470	SH		SOLE		470	0	0
Astec Industries	Common	046224101	796	23,748	SH		SOLE		23,555	0	193
AstraZeneca plc ADR	ADR	046353108	1,083	34,040	SH		SOLE		34,040	0	0
AT&T Inc.	Common	00206R102	2,030	62,310	SH		SOLE		62,310	0	0
Athenahealth Inc	Common	04685W103	67	500	SH		SOLE		500	0	0
Atlas Air Worldwide Hldg	Common	049164205	378	10,940	SH		SOLE		10,765	0	175
Auto Data Processing	Common	053015103	8	100	SH		SOLE		100	0	0
Avon Products Inc	Common	054303102	13	3,940	SH		SOLE		3,940	0	0
Baidu Inc ADR	ADR	056752108	791	5,755	SH		SOLE		5,755	0	0
Banco Latinoamericano	Common	P16994132	2,724	117,675	SH		SOLE		115,525	0	2,150
Banco Santander SA ADR	ADR	05964H105	434	82,165	SH		SOLE		82,165	0	0
Bank Montreal Quebec	Common	063671101	1	16	SH		SOLE		16	0	0
Bank of America Corp	Common	060505104	21	1,342	SH		SOLE		1,342	0	0
Bank of New York	Common	064058100	160	4,085	SH		SOLE		4,085	0	0
Bank Of Nova Scotia	Common	064149107	5	104	SH		SOLE		104	0	0
Barclays Bk Plc ADR	ADR	06738E204	131	8,870	SH		SOLE		8,870	0	0
Barnes & Noble Education	Common	06777U101	419	32,995	SH		SOLE		32,995	0	0
Barnes & Noble, Inc.	Common	067774109	663	54,725	SH		SOLE		54,725	0	0
Barrick Gold	Common	067901108	5	800	SH		SOLE		800	0	0
Baxalta Inc	Common	07177M103	539	17,114	SH		SOLE		17,114	0	0
Baxter International	Common	071813109	562	17,114	SH		SOLE		17,114	0	0
Baytex Energy Corp	Common	07317Q105	0	38	SH		SOLE		38	0	0
BB&T Corp	Common	054937107	99	2,767	SH		SOLE		2,644	0	123
BBCN Bancorp Inc.	Common	073295107	228	15,155	SH		SOLE		15,155	0	0
BCE Inc.	Common	05534B760	380	9,283	SH		SOLE		8,185	0	1,098
Becton Dickinson & Co	Common	075887109	89	670	SH		SOLE		670	0	0
Belden Inc	Common	077454106	5	100	SH		SOLE		100	0	0
Berkshire Hathaway Cl B	Common	084670702	445	3,413	SH		SOLE		3,113	0	300
BG Group PLC ADR	ADR	055434203	138	9,490	SH		SOLE		9,490	0	0
Biogen Idec Inc	Common	09062X103	153	525	SH		SOLE		525	0	0
Biomarin Pharmaceutical Inc	Common	09061G101	21	200	SH		SOLE		200	0	0
Blackstone Group Lp	Common	09253U108	6	200	SH		SOLE		200	0	0
Boeing Co.	Common	097023105	1,375	10,503	SH		SOLE		10,423	0	80
BP Amoco plc ADR	ADR	055622104	26	861	SH		SOLE		861	0	0
Bristol Myers	Common	110122108	2,011	33,965	SH		SOLE		33,715	0	250
C N A Financial Corp	Common	126117100	7	189	SH		SOLE		189	0	0
Calgon Carbon Corp.	Common	129603106	108	6,950	SH		SOLE		6,950	0	0
California Res Corp	Common	13057Q107	0	70	SH		SOLE		70	0	0
Cambridge Heart Inc	Common	131910101	0	2,000	SH		SOLE		2,000	0	0
Campbell Soup	Common	134429109	32	640	SH		SOLE		640	0	0
Canadian Natl Ry Co	Common	136375102	6	100	SH		SOLE		100	0	0
Canon Inc ADR	ADR	138006309	672	23,185	SH		SOLE		23,185	0	0
Capstead Mortgage Cp New	Common	14067E506	12	1,245	SH		SOLE		1,245	0	0
Care Capital Properties	Common	141624106	137	4,155	SH		SOLE		4,155	0	0
Caterpillar	Common	149123101	156	2,386	SH		SOLE		2,386	0	0
CBRE Group Inc.	Common	12504L109	156	4,865	SH		SOLE		4,865	0	0
Celgene Corporation	Common	151020104	24	219	SH		SOLE		219	0	0
Cemex ADR	ADR	151290889	68	9,753	SH		SOLE		8,946	0	807
Centerpoint Energy Inc	Common	15189T107	237	13,120	SH		SOLE		12,120	0	1,000
Central Garden & Pet Company	Common	153527106	360	23,240	SH		SOLE		23,240	0	0
CenturyLink Inc	Common	156700106	979	38,961	SH		SOLE		38,766	0	195
Cerner Corp	Common	156782104	7	120	SH		SOLE		120	0	0
Chart Industries Inc	Common	16115Q308	11	550	SH		SOLE		550	0	0
Chemed Corp.	Common	16359R103	1,221	9,150	SH		SOLE		9,150	0	0
Chemours Co LLC	Common	163851108	2	240	SH		SOLE		240	0	0
Chesapeake Energy Corp.	Common	165167107	3	410	SH		SOLE		410	0	0
Chevron Corp.	Common	166764100	562	7,126	SH		SOLE		7,126	0	0
Chubb Corp.	Common	171232101	139	1,137	SH		SOLE		1,137	0	0
Cigna Corp	Common	125509109	110	817	SH		SOLE		817	0	0
Cisco Systems, Inc.	Common	17275R102	2,534	96,543	SH		SOLE		93,723	0	2,820
Citigroup	Common	172967424	535	10,780	SH		SOLE		10,610	0	170
Ck Hutchison Hldgs ADR	ADR	12562Y100	6	425	SH		SOLE		425	0	0
Cleco Corporation	Common	12561W105	22	414	SH		SOLE		414	0	0
Clorox Company	Common	189054109	23	200	SH		SOLE		200	0	0
CME Group Inc.	Common	12572Q105	428	4,615	SH		SOLE		4,615	0	0
Coca-Cola Co	Common	191216100	2,527	62,980	SH		SOLE		61,620	0	1,360
Cohen & Steers Reit Balance In	Common	19247X100	5	262	SH		SOLE		262	0	0
Coherent, Inc.	Common	192479103	3	50	SH		SOLE		50	0	0
Colgate-Palmolive	Common	194162103	95	1,490	SH		SOLE		1,490	0	0
Comcast Corp.	Common	20030N101	34	600	SH		SOLE		600	0	0
Community Bank System	Common	203607106	657	17,680	SH		SOLE		16,680	0	1,000
Companhia de Saneamento ADR	ADR	20441A102	2	600	SH		SOLE		600	0	0
Conoco Phillips	Common	20825C104	933	19,451	SH		SOLE		19,451	0	0
Consolidated Edison Inc.	Common	209115104	108	1,613	SH		SOLE		1,613	0	0
Convergys Corp	Common	212485106	3	150	SH		SOLE		150	0	0
Corning	Common	219350105	3,379	197,364	SH		SOLE		197,274	0	90
Corp Office Pptys REIT	REIT	22002T108	8	400	SH		SOLE		400	0	0
Costco	Common	22160K105	2,208	15,275	SH		SOLE		15,175	0	100
CSX Corp	Common	126408103	54	2,018	SH		SOLE		2,018	0	0
CVS Corp	Common	126650100	19	200	SH		SOLE		200	0	0
Daktronics Inc	Common	234264109	174	20,020	SH		SOLE		20,020	0	0
Dealertrack Technologies	Common	242309102	16	250	SH		SOLE		250	0	0
Deere & Company	Common	244199105	227	3,068	SH		SOLE		3,068	0	0
Deutsche Telekom AG ADR	ADR	251566105	2,941	165,525	SH		SOLE		165,025	0	500
Devon Energy Corp	Common	25179M103	871	23,484	SH		SOLE		22,899	0	585
Devry Inc.	Common	251893103	125	4,605	SH		SOLE		4,605	0	0
Diamond Foods Inc	Common	252603105	13	420	SH		SOLE		420	0	0
Diebold	Common	253651103	170	5,722	SH		SOLE		5,722	0	0
Digital Realty Trust REIT	REIT	253868103	437	6,690	SH		SOLE		6,560	0	130
Dominion Resources	Common	25746U109	265	3,771	SH		SOLE		3,771	0	0
Dow Chemical	Common	260543103	436	10,275	SH		SOLE		10,275	0	0
Dr Reddys Labs ADR	ADR	256135203	1,087	17,012	SH		SOLE		15,590	0	1,422
Duke Energy Corp.	Common	26441C204	2,131	29,626	SH		SOLE		29,626	0	0
E I DuPont	Common	263534109	126	2,619	SH		SOLE		2,619	0	0
East West Bancorp	Common	27579R104	1,043	27,151	SH		SOLE		27,151	0	0
Eaton Corp.	Common	G29183103	3	68	SH		SOLE		68	0	0
Eaton Vance Tax Mgd Glbl	Common	27829C105	42	3,887	SH		SOLE		3,887	0	0
Ecolab Inc.	Common	278865100	5	50	SH		SOLE		50	0	0
Edison International	Common	281020107	59	933	SH		SOLE		551	0	382
EGshares EM Consumer ETF	ETF	268461779	16	749	SH		SOLE		749	0	0
Eli Lilly & Co.	Common	532457108	324	3,867	SH		SOLE		3,867	0	0
EMC Corporation	Common	268648102	31	1,300	SH		SOLE		1,300	0	0
Emerson Electric Co.	Common	291011104	938	21,238	SH		SOLE		20,487	0	751
Engie ADR	ADR	29286D105	218	13,569	SH		SOLE		13,569	0	0
Ensco Plc Adr	ADR	29358Q109	103	7,310	SH		SOLE		7,100	0	210
Entergy Corporation	Common	29364G103	17	258	SH		SOLE		258	0	0
Enterprise Products Prtn LP	Common	293792107	49	1,950	SH		SOLE		1,950	0	0
Equity Residential Prop. REIT	REIT	29476L107	449	5,978	SH		SOLE		5,978	0	0
Evercel Inc	Common	299759100	0	120	SH		SOLE		120	0	0
Exelon Corp.	Common	30161N101	19	627	SH		SOLE		627	0	0
Expeditors Int'l of Washington	Common	302130109	101	2,150	SH		SOLE		2,150	0	0
Exxon Mobil Corporation	Common	30231G102	1,900	25,553	SH		SOLE		24,655	0	898
EZCorp Inc. CL A Non-voting	Common	302301106	2	315	SH		SOLE		315	0	0
Facebook Inc Class A	Common	30303M102	41	460	SH		SOLE		460	0	0
Fedex Corporation	Common	31428X106	201	1,397	SH		SOLE		1,397	0	0
Fibria Celulose S.A. ADR	ADR	31573A109	40	2,928	SH		SOLE		2,928	0	0
First Bancorp Inc Me	Common	31866P102	14	710	SH		SOLE		710	0	0
Flextronics International Ltd.	Common	Y2573F102	758	71,882	SH		SOLE		70,537	0	1,345
Formfactor Inc	Common	346375108	2	350	SH		SOLE		350	0	0
Foundation Medicine	Common	350465100	6	335	SH		SOLE		335	0	0
Freeport McMoran Copper & Gold	Common	35671D857	10	1,072	SH		SOLE		1,072	0	0
Gannett Spinco Inc	Common	36473H104	33	2,264	SH		SOLE		2,264	0	0
General Cable Cp De New	Common	369300108	214	18,020	SH		SOLE		18,020	0	0
General Electric Co.	Common	369604103	4,928	195,417	SH		SOLE		192,181	0	3,236
General Mills, Inc.	Common	370334104	99	1,766	SH		SOLE		1,766	0	0
General Motors	Common	37045V100	28	934	SH		SOLE		892	0	42
General Motors Cl A 16wt	WARRANTS	37045V118	1	37	SH		SOLE		0	0	37
General Motors Cl B 19wt	WARRANTS	37045V126	0	37	SH		SOLE		0	0	37
Gentherm Inc	Common	37253A103	22	500	SH		SOLE		500	0	0
Glaxo Smithkline ADR	ADR	37733W105	1,024	26,630	SH		SOLE		26,185	0	445
Global Sources Limited	Common	G39300101	487	58,564	SH		SOLE		58,564	0	0
Goldman Sachs Group Inc	Common	38141G104	226	1,302	SH		SOLE		1,302	0	0
Greatbatch Inc	Common	39153L106	590	10,450	SH		SOLE		10,450	0	0
Guess Inc	Common	401617105	944	44,205	SH		SOLE		44,205	0	0
Guggenheim Etf	ETF	78355W866	10	205	SH		SOLE		205	0	0
Guggenheim S&P 500 Weight Mate	ETF	40167M106	10	142	SH		SOLE		142	0	0
Guggenheim S&P Global Water In	ETF	18383Q507	5	195	SH		SOLE		195	0	0
Halliburton Company	Common	406216101	158	4,474	SH		SOLE		4,474	0	0
Halyard Health Inc	Common	40650V100	3	116	SH		SOLE		116	0	0
Harsco	Common	415864107	288	31,780	SH		SOLE		31,780	0	0
Healthwatch Inc New Xxx	Common	422214809	0	1,000	SH		SOLE		1,000	0	0
Heartland Payment Systems Inc	Common	42235N108	32	500	SH		SOLE		500	0	0
Home Depot	Common	437076102	104	903	SH		SOLE		903	0	0
Honda Motor Co. ADR	ADR	438128308	490	16,395	SH		SOLE		16,395	0	0
Honeywell International	Common	438516106	19	200	SH		SOLE		200	0	0
HSBC Holdings PLC ADR	ADR	404280406	32	832	SH		SOLE		832	0	0
Humana	Common	444859102	430	2,403	SH		SOLE		2,403	0	0
IBM Corp.	Common	459200101	2,991	20,629	SH		SOLE		20,234	0	395
ICICI Bank Ltd. ADR	ADR	45104G104	6	690	SH		SOLE		690	0	0
IdaCorp Inc.	Common	451107106	16	250	SH		SOLE		250	0	0
Illumina Inc	Common	452327109	3	17	SH		SOLE		17	0	0
Imperial Oil Ltd	Common	453038408	272	8,615	SH		SOLE		8,615	0	0
India Fund	Common	454089103	90	3,691	SH		SOLE		3,691	0	0
Ing Asia Pacific High Fd	Common	44983J107	6	750	SH		SOLE		750	0	0
Ingersoll Rand Co. Cl A	Common	G4776G101	60	1,190	SH		SOLE		1,190	0	0
Ingles Markets Inc Cl A	Common	457030104	42	875	SH		SOLE		875	0	0
Intel Corp.	Common	458140100	407	13,496	SH		SOLE		13,496	0	0
International Paper	Common	460146103	25	666	SH		SOLE		666	0	0
Invensense Inc	Common	46123D205	2	180	SH		SOLE		180	0	0
iShares Barclays 3-7 Treasury	ETF	464288661	163	1,310	SH		SOLE		1,310	0	0
iShares Barclays Int Credit Bo	ETF	464288638	110	1,012	SH		SOLE		1,012	0	0
iShares Cohen & Steer Realty E	ETF	464287564	5	58	SH		SOLE		58	0	0
iShares MSCI Brazil Free Index	ETF	464286400	6	275	SH		SOLE		275	0	0
iShares MSCI EAFE ETF	ETF	464287465	242	4,230	SH		SOLE		4,230	0	0
iShares MSCI Emerging Market E	ETF	464287234	11	349	SH		SOLE		349	0	0
iShares MSCI Germany Index Fun	ETF	464286806	14	564	SH		SOLE		564	0	0
iShares MSCI Hong Kong ETF	ETF	464286871	8	400	SH		SOLE		400	0	0
iShares MSCI Japan Index ETF	ETF	464286848	106	9,280	SH		SOLE		9,280	0	0
iShares MSCI Singapore Index E	ETF	464286673	5	500	SH		SOLE		500	0	0
iShares MSCI Taiwan Index ETF	ETF	464286731	434	33,012	SH		SOLE		33,012	0	0
iShares NASDAQ Biotech ETF	ETF	464287556	711	2,345	SH		SOLE		2,345	0	0
iShares Russell 1000 Growth ET	ETF	464287614	17	183	SH		SOLE		183	0	0
Ishares Russell 2000 Value ETF	ETF	464287630	7	79	SH		SOLE		79	0	0
iShares S&P 500 Growth ETF	ETF	464287309	3	32	SH		SOLE		32	0	0
iShares S&P 500 Index ETF	ETF	464287200	44	226	SH		SOLE		226	0	0
iShares S&P 500 Value Indx ETF	ETF	464287408	10	121	SH		SOLE		121	0	0
iShares S&P Midcap 400 Index E	ETF	464287507	12	90	SH		SOLE		90	0	0
iShares S&P Midcap 400 Value E	ETF	464287705	12	107	SH		SOLE		107	0	0
iShares S&P Sm Cap Idx 600 ETF	ETF	464287804	22	209	SH		SOLE		209	0	0
iShares Silver Trust ETF	ETF	46428Q109	6	446	SH		SOLE		446	0	0
iShares TIPS Bond ETF	ETF	464287176	834	7,536	SH		SOLE		7,480	0	56
iShares Tr China 25 Index ETF	ETF	464287184	60	1,703	SH		SOLE		1,703	0	0
iShares Tr Russell 3000 Indx E	ETF	464287689	3	28	SH		SOLE		28	0	0
iShares Tr S&P Europe 350 ETF	ETF	464287861	66	1,648	SH		SOLE		1,648	0	0
Ishares Trust Russell 2000 Ind	ETF	464287655	3	25	SH		SOLE		25	0	0
ITC Holdings Corp	Common	465685105	519	15,575	SH		SOLE		14,850	0	725
Itron Inc.	Common	465741106	79	2,465	SH		SOLE		2,465	0	0
JetBlue Airways Corp.	Common	477143101	131	5,090	SH		SOLE		5,090	0	0
Jinpan Int'l Ltd.	Common	G5138L100	216	59,632	SH		SOLE		59,632	0	0
John Wiley & Son Cl A	Common	968223206	373	7,450	SH		SOLE		7,450	0	0
Johnson & Johnson	Common	478160104	1,263	13,530	SH		SOLE		12,776	0	754
JP Morgan Chase & Co	Common	46625H100	1,297	21,278	SH		SOLE		20,536	0	742
Kansas City Southern	Common	485170302	26	285	SH		SOLE		285	0	0
Kellogg Company	Common	487836108	17	256	SH		SOLE		256	0	0
Keurig Green Mountain, Inc	Common	49271M100	1,861	35,695	SH		SOLE		35,695	0	0
Key Technology Inc	Common	493143101	4	320	SH		SOLE		320	0	0
Kimberly-Clark Corp.	Common	494368103	124	1,135	SH		SOLE		1,135	0	0
Kinder Morgan Inc.	Common	49455P101	95	3,447	SH		SOLE		3,447	0	0
Kohls Corp.	Common	500255104	127	2,745	SH		SOLE		2,745	0	0
Kon Philips Electric NV	Common	500472303	109	4,634	SH		SOLE		4,634	0	0
Kraft Heinz Company	Common	500754106	849	12,022	SH		SOLE		11,307	0	715
Laboratory Corp of America Hld	Common	50540R409	30	278	SH		SOLE		159	0	119
Lake Sunapee Bank Gr	Common	510866106	11	770	SH		SOLE		770	0	0
Linkedin Corp	Common	53578A108	19	100	SH		SOLE		100	0	0
Linn Energy	Common	536020100	0	130	SH		SOLE		130	0	0
Lockheed Martin	Common	539830109	1	6	SH		SOLE		6	0	0
Lpath Inc New	Common	548910306	1	3,910	SH		SOLE		3,910	0	0
Lpkf Laser & Elec Ord	Common	D5075P109	13	1,445	SH		SOLE		1,445	0	0
M K S Instruments Inc.	Common	55306N104	349	10,415	SH		SOLE		10,415	0	0
M L Capital Tr Pfd 7.28% Perpe	Preferred	59021K205	23	900	SH		SOLE		900	0	0
Magellan Midstream Ptnrs	Common	559080106	47	780	SH		SOLE		780	0	0
Marathon Oil Corp	Common	565849106	20	1,330	SH		SOLE		1,330	0	0
Marathon Petroleum Corp	Common	56585A102	71	1,530	SH		SOLE		1,530	0	0
Market Vectors Gold Miners ETF	ETF	57060U100	519	37,778	SH		SOLE		37,693	0	85
McDermott International Inc.	Common	580037109	90	20,925	SH		SOLE		20,925	0	0
McDonald's Corp	Common	580135101	186	1,886	SH		SOLE		1,886	0	0
McKesson Corp.	Common	58155Q103	235	1,270	SH		SOLE		1,120	0	150
Medtronic Inc.	Common	G5960L103	1,165	17,398	SH		SOLE		17,258	0	140
Melco Crown Entertainment ADR	ADR	585464100	442	32,150	SH		SOLE		30,835	0	1,315
Merchants Bancshares	Common	588448100	276	9,372	SH		SOLE		9,372	0	0
Merck	Common	58933Y105	1,355	27,426	SH		SOLE		26,488	0	938
Mercury General Corp.	Common	589400100	23	450	SH		SOLE		450	0	0
Microchip Technology Inc.	Common	595017104	1	26	SH		SOLE		26	0	0
Microsoft	Common	594918104	3,326	75,157	SH		SOLE		73,597	0	1,560
Middlebury National Corp	Common	596237107	9	300	SH		SOLE		300	0	0
Mindray Med Int'l ADR	ADR	602675100	834	38,139	SH		SOLE		38,139	0	0
Mitsubishi Financial Group ADR	ADR	606822104	1	200	SH		SOLE		200	0	0
Mondelez Int'l Inc.	Common	609207105	771	18,403	SH		SOLE		18,063	0	340
Monsanto Co.	Common	61166W101	392	4,596	SH		SOLE		4,596	0	0
Motors Liq Co GUC Tr	Common	62010U101	0	10	SH		SOLE		0	0	10
Nabors Industries Ltd.	Common	G6359F103	74	7,800	SH		SOLE		7,800	0	0
National Grid Plc ADR	ADR	636274300	673	9,660	SH		SOLE		9,660	0	0
National Oilwell Varco	Common	637071101	28	755	SH		SOLE		755	0	0
National Penn Bancshares Inc	Common	637138108	12	1,035	SH		SOLE		1,035	0	0
National Retail Pptys REIT	REIT	637417106	1	31	SH		SOLE		31	0	0
Natus Medical Inc	Common	639050103	47	1,200	SH		SOLE		1,200	0	0
NCR Corporation	Common	62886E108	1,693	74,408	SH		SOLE		72,768	0	1,640
Nestle S A ADR	ADR	641069406	11	150	SH		SOLE		150	0	0
New Ireland Fund Inc.	Common	645673104	2	151	SH		SOLE		151	0	0
New Oriental Ed Adr	ADR	647581107	23	1,115	SH		SOLE		1,115	0	0
New York Times Co Cl A	Common	650111107	6	500	SH		SOLE		500	0	0
Newell Rubbermaid	Common	651229106	18	450	SH		SOLE		450	0	0
Nextera Energy	Common	65339F101	171	1,752	SH		SOLE		1,752	0	0
Nike, Inc.	Common	654106103	15	120	SH		SOLE		120	0	0
Nissan Motor ADR	ADR	654744408	53	2,850	SH		SOLE		2,850	0	0
Noble Energy Inc	Common	655044105	8	270	SH		SOLE		270	0	0
Norfolk Southern	Common	655844108	86	1,130	SH		SOLE		1,130	0	0
Northrop Grumman Corp	Common	666807102	137	824	SH		SOLE		824	0	0
Novartis Ag ADR	ADR	66987V109	7	80	SH		SOLE		80	0	0
Nuance Communication Inc.	Common	67020Y100	35	2,127	SH		SOLE		2,127	0	0
Nucor Corp	Common	670346105	40	1,064	SH		SOLE		1,064	0	0
Nuveen Mun Value Fd Inc.	Common	670928100	42	4,270	SH		SOLE		2,072	0	2,198
Nuveen Nasdaq	Common	670699107	8	465	SH		SOLE		465	0	0
Occidental Petroleum Corp.	Common	674599105	12	175	SH		SOLE		175	0	0
Oceaneering Int'l Inc	Common	675232102	2	50	SH		SOLE		50	0	0
Old Republic Intl Corp	Common	680223104	12	750	SH		SOLE		750	0	0
Oneok Inc New	Common	682680103	816	25,345	SH		SOLE		25,345	0	0
Oracle	Common	68389X105	69	1,900	SH		SOLE		1,900	0	0
Orbotech Ltd	Common	M75253100	45	2,895	SH		SOLE		2,895	0	0
P P G Industries Inc.	Common	693506107	306	3,486	SH		SOLE		3,486	0	0
Parexel International Corp.	Common	699462107	2,178	35,171	SH		SOLE		34,496	0	675
Parker Hannifin Corp	Common	701094104	56	575	SH		SOLE		575	0	0
PartnerRe Ltd.	Common	G6852T105	35	250	SH		SOLE		250	0	0
Patterson-UTI Energy Inc.	Common	703481101	51	3,885	SH		SOLE		3,885	0	0
Pentair PLC	Common	G7S00T104	188	3,685	SH		SOLE		3,685	0	0
Peoples United Finl Inc	Common	712704105	3,771	239,760	SH		SOLE		237,865	0	1,895
Pepco Holdings Inc.	Common	713291102	7	285	SH		SOLE		285	0	0
Pepsico, Inc.	Common	713448108	459	4,868	SH		SOLE		4,868	0	0
Pfizer Inc.	Common	717081103	4,038	128,555	SH		SOLE		126,771	0	1,784
Philip Morris Intl Inc	Common	718172109	62	777	SH		SOLE		777	0	0
Phillips 66 SHS	Common	718546104	706	9,188	SH		SOLE		9,188	0	0
Photronics Inc.	Common	719405102	10	1,100	SH		SOLE		1,100	0	0
Pimco 1-5 yr US TIP ETF	ETF	72201R205	15	300	SH		SOLE		300	0	0
PIMCO TIPS 1- 3 Yr ETF	ETF	72201R106	30	585	SH		SOLE		585	0	0
Pitney Bowes Inc	Common	724479100	20	1,000	SH		SOLE		1,000	0	0
Plains All American LP	Common	726503105	35	1,140	SH		SOLE		1,140	0	0
Plantronics Inc.	Common	727493108	681	13,396	SH		SOLE		13,396	0	0
Plum Creek Timber Co. REIT	REIT	729251108	188	4,753	SH		SOLE		4,753	0	0
PNC Financial Services Group I	Common	693475105	103	1,150	SH		SOLE		1,150	0	0
Popular Inc	Common	733174700	195	6,435	SH		SOLE		6,435	0	0
Portfolio Recovery Assoc Inc	Common	69354N106	32	600	SH		SOLE		600	0	0
Potash Corp Sask Inc	Common	73755L107	1,605	78,080	SH		SOLE		76,795	0	1,285
PowerShares QQQ Trust Sr 1 ETF	ETF	73935A104	7	72	SH		SOLE		72	0	0
Powershs Db Commdty Indx	ETF	73935S105	15	1,017	SH		SOLE		1,017	0	0
Powershs Exch Trad Fd Tr	ETF	73935X302	5	383	SH		SOLE		383	0	0
Powershs Exch Trad Fd Tr	ETF	73935X583	61	740	SH		SOLE		740	0	0
Praxair Inc.	Common	74005P104	38	375	SH		SOLE		375	0	0
Precision Castparts	Common	740189105	1,266	5,512	SH		SOLE		5,472	0	40
Procter & Gamble	Common	742718109	989	13,742	SH		SOLE		13,504	0	238
Public Storage 5.75% 3/13/17 P	Preferred	74460W404	10	390	SH		SOLE		390	0	0
Public Storage, Inc.	Common	74460D109	72	339	SH		SOLE		339	0	0
Public Sv Enterprise	Common	744573106	287	6,800	SH		SOLE		6,800	0	0
Qiagen N V	Common	N72482107	3	100	SH		SOLE		100	0	0
Qorvo Inc	Common	74736K101	995	22,080	SH		SOLE		22,080	0	0
Qualcomm Inc.	Common	747525103	12	225	SH		SOLE		225	0	0
Quality Systems Inc	Common	747582104	202	16,205	SH		SOLE		16,205	0	0
R J Reynolds Tobacco Holdings	Common	761713106	0	10	SH		SOLE		10	0	0
Rayonier Inc REIT	REIT	754907103	2	97	SH		SOLE		97	0	0
Raytheon Company New	Common	755111507	73	665	SH		SOLE		665	0	0
Republic Services Inc	Common	760759100	47	1,147	SH		SOLE		1,147	0	0
Royal Dutch Shell ADR	ADR	780259206	2,145	45,255	SH		SOLE		44,905	0	350
Royal Dutch Shell B Adr	ADR	780259107	1	16	SH		SOLE		16	0	0
Royce Micro-Cap Trust	Common	780915104	25	3,235	SH		SOLE		3,235	0	0
Rydex S&P 500 Equal Wght Index	ETF	78355W106	42	565	SH		SOLE		565	0	0
Sanofi 12/31/2020 RIGHTS	Rights	80105N113	0	30	SH		SOLE		30	0	0
Sch US Agg Bnd Etf	ETF	808524839	1	19	SH		SOLE		19	0	0
Schlumberger Limited	Common	806857108	1,071	15,527	SH		SOLE		15,207	0	320
Schnitzer Stl Inds Cl A	Common	806882106	68	5,010	SH		SOLE		5,010	0	0
Schw Emg Mkt Eq ETF	ETF	808524706	4	209	SH		SOLE		209	0	0
Schw Int'l Equity ETF	ETF	808524805	6,133	224,070	SH		SOLE		223,731	0	339
Schw US Lcap Gro ETF	ETF	808524300	7	145	SH		SOLE		145	0	0
Schwab U.S. Broad Mkt ETF	ETF	808524102	14,601	314,812	SH		SOLE		313,203	0	1,609
Schwab US Div Equity ETF	ETF	808524797	42	1,168	SH		SOLE		1,168	0	0
Seagate Technology PLC	Common	G7945M107	3,119	69,612	SH		SOLE		68,193	0	1,419
Sector SPDR Tech Select Shares	ETF	81369Y803	17	420	SH		SOLE		420	0	0
Sempra Energy	Common	816851109	34	351	SH		SOLE		351	0	0
Sigma-Aldrich Corp.	Common	826552101	62	449	SH		SOLE		449	0	0
Silicon Motion Tech ADR	ADR	82706C108	39	1,425	SH		SOLE		1,425	0	0
SK Telecom Ltd ADR	ADR	78440P108	117	4,810	SH		SOLE		4,810	0	0
Skywest Inc	Common	830879102	572	34,265	SH		SOLE		34,265	0	0
Sonoco Products	Common	835495102	325	8,612	SH		SOLE		7,845	0	767
Sony Corp. ADR	ADR	835699307	1,276	52,091	SH		SOLE		52,006	0	85
Southern Company	Common	842587107	219	4,889	SH		SOLE		4,889	0	0
SPDR DJ Wilshire Intl Real Est	ETF	78463X749	3	78	SH		SOLE		78	0	0
SPDR Gold Trust ETF	ETF	78463V107	807	7,555	SH		SOLE		7,555	0	0
SPDR Nuveen Barclays Muni Bd E	ETF	78464A458	38	1,590	SH		SOLE		1,590	0	0
SPDR S&P 500 ETF	ETF	68462F103	240	1,252	SH		SOLE		1,252	0	0
Spdr S&P 600 Small Cap	ETF	78464A300	28	296	SH		SOLE		296	0	0
SPDR S&P Dividend ETF	ETF	78464A763	110	1,530	SH		SOLE		1,530	0	0
Spectra Energy Corp	Common	847560109	6	240	SH		SOLE		240	0	0
Standex Int'l Corp.	Common	854231107	63	830	SH		SOLE		830	0	0
Staples Inc.	Common	855030102	1,374	117,144	SH		SOLE		114,089	0	3,055
Starbucks	Common	855244109	6	100	SH		SOLE		100	0	0
Steris Corp.	Common	859152100	97	1,500	SH		SOLE		1,500	0	0
Stryker Corp.	Common	863667101	44	465	SH		SOLE		465	0	0
Suburban Propane Prt L Ltd	Common	864482104	15	450	SH		SOLE		450	0	0
Suncor Energy Inc.	Common	867224107	61	2,270	SH		SOLE		2,270	0	0
Sunesis Pharma Inc New	Common	867328601	1	1,000	SH		SOLE		1,000	0	0
Sunopta Inc	Common	8676EP108	20	4,088	SH		SOLE		4,088	0	0
Synutra International	Common	87164C102	16	3,300	SH		SOLE		3,300	0	0
T. Rowe Price Associates	Common	74144T108	28	410	SH		SOLE		410	0	0
Taiwan Semiconductor ADR	ADR	874039100	2,238	107,855	SH		SOLE		107,855	0	0
Tata Motors Ltd ADR	ADR	876568502	768	34,130	SH		SOLE		33,525	0	605
Tegna Inc	Common	87901J105	108	4,815	SH		SOLE		4,815	0	0
Telefonica ADR	ADR	879382208	337	27,959	SH		SOLE		27,959	0	0
Teradata Corp	Common	88076W103	319	11,028	SH		SOLE		11,028	0	0
Terex Corp	Common	880779103	851	47,430	SH		SOLE		47,430	0	0
Teva Pharma Ind ADR	ADR	881624209	1,638	29,016	SH		SOLE		28,886	0	130
The Aberdeen Chile Fund	Common	00301W105	3	442	SH		SOLE		442	0	0
The Charles Schwab Corp.	Common	808513105	3,651	127,848	SH		SOLE		125,158	0	2,690
The Travelers Companies Inc.	Common	89417E109	903	9,068	SH		SOLE		9,068	0	0
Thomson Reuters Corp	Common	884903105	811	20,135	SH		SOLE		20,135	0	0
Tidewater Inc.	Common	886423102	166	12,605	SH		SOLE		12,605	0	0
Time Inc.	Common	887228104	0	6	SH		SOLE		6	0	0
Time Warner	Common	887317105	1,255	18,261	SH		SOLE		18,261	0	0
Time Warner Cable Inc.	Common	88732J207	428	2,385	SH		SOLE		2,385	0	0
Titan International Inc	Common	88830M102	972	147,116	SH		SOLE		147,116	0	0
TJX Companies Inc	Common	872540109	18	255	SH		SOLE		255	0	0
Toronto-Dominion Bank	Common	891160509	431	10,946	SH		SOLE		10,946	0	0
Total SA ADR	ADR	89151E109	32	712	SH		SOLE		712	0	0
Toyota Motor Corp. ADR	ADR	892331307	3	23	SH		SOLE		23	0	0
TransCanada Corp.	Common	89353D107	233	7,385	SH		SOLE		7,385	0	0
Transocean Sedco Fore	Common	H8817H100	298	23,042	SH		SOLE		23,042	0	0
Tupperware Corporation	Common	899896104	17	345	SH		SOLE		345	0	0
U S X-US Steel Group	Common	912909108	141	13,520	SH		SOLE		13,520	0	0
UDR Inc	Common	902653104	160	4,629	SH		SOLE		4,629	0	0
Ultra Petroleum Corp	Common	903914109	351	54,900	SH		SOLE		54,900	0	0
Unilever PLC ADR	ADR	904767704	10	250	SH		SOLE		250	0	0
Union Pacific	Common	907818108	45	510	SH		SOLE		286	0	224
United Parcel Service	Common	911312106	32	325	SH		SOLE		325	0	0
United Technologies Corp.	Common	913017109	130	1,456	SH		SOLE		1,456	0	0
Universal Electronic Inc.	Common	913483103	17	400	SH		SOLE		400	0	0
Unum Provident Corp.	Common	91529Y106	571	17,792	SH		SOLE		17,792	0	0
Valero Energy	Common	91913Y100	2,200	36,603	SH		SOLE		35,823	0	780
Vangard Russell 2000 ETF	ETF	92206C664	7	78	SH		SOLE		78	0	0
Vanguard Bond Index ETF	ETF	921937819	25	290	SH		SOLE		290	0	0
Vanguard Div Apprciation ETF	ETF	921908844	29	389	SH		SOLE		389	0	0
Vanguard Emerg Mkts ETF	ETF	922042858	2,336	70,590	SH		SOLE		70,590	0	0
Vanguard Europe Pac ETF	ETF	921943858	1,812	50,847	SH		SOLE		49,702	0	1,145
Vanguard Health Care ETF	ETF	92204A504	21	175	SH		SOLE		175	0	0
Vanguard Intl Eqty Etf	ETF	922042676	42	817	SH		SOLE		817	0	0
Vanguard Intl Eqty Indx ETF	ETF	922042775	71	1,656	SH		SOLE		1,656	0	0
Vanguard Mid-Cap Growth ETF	ETF	922908538	39	402	SH		SOLE		402	0	0
Vanguard MSCI Europe ETF	ETF	922042874	10	202	SH		SOLE		202	0	0
Vanguard Pacific ETF	ETF	922042866	9	171	SH		SOLE		171	0	0
Vanguard REIT ETF	ETF	922908553	137	1,809	SH		SOLE		1,809	0	0
Vanguard Short Term Bd Idx ETF	ETF	921937827	2,697	33,553	SH		SOLE		33,056	0	497
Vanguard Sh-Term Inf ETF	ETF	922020805	1,010	20,882	SH		SOLE		20,882	0	0
Vanguard Total Bond Mkt ETF	ETF	921937835	7,611	92,892	SH		SOLE		92,415	0	477
Vanguard Total Stk Mkt ETF	ETF	922908769	3,377	34,209	SH		SOLE		34,095	0	114
Vanguard Whitehall Funds	ETF	921946406	38	609	SH		SOLE		609	0	0
Vectren Corp.	Common	92240G101	995	23,673	SH		SOLE		23,373	0	300
Ventas REIT Inc	REIT	92276F100	1,763	31,442	SH		SOLE		31,137	0	305
Verifone Systems Inc	Common	92342Y109	1,524	54,960	SH		SOLE		54,960	0	0
Verizon Communications Inc.	Common	92343V104	4,345	99,855	SH		SOLE		98,171	0	1,684
Visa Inc	Common	92826C839	42	600	SH		SOLE		600	0	0
Vodafone Group ADR	ADR	92857W308	2,477	78,042	SH		SOLE		77,127	0	915
Vulcan Materials Company	Common	929160109	27	300	SH		SOLE		300	0	0
W. P. Carey & Co. LLC	Common	92936U109	22	375	SH		SOLE		375	0	0
WABTec	Common	929740108	4	50	SH		SOLE		50	0	0
Wal-Mart Stores	Common	931142103	142	2,196	SH		SOLE		2,196	0	0
Walt Disney Hldg	Common	254687106	194	1,900	SH		SOLE		1,900	0	0
Wash Real Est Inv Tr MD REIT	REIT	939653101	608	24,402	SH		SOLE		24,137	0	265
Washington Gas Light Co.	Common	92924F106	19	328	SH		SOLE		328	0	0
Waters Corp	Common	941848103	17	140	SH		SOLE		140	0	0
Watts Industries, Inc.	Common	942749102	119	2,250	SH		SOLE		2,250	0	0
Weatherford Int'l Inc.	Common	G48833100	151	17,810	SH		SOLE		17,810	0	0
Weight Watchers Intl Inc	Common	948626106	12	1,845	SH		SOLE		1,845	0	0
Wells Fargo & Co	Common	949746101	38	741	SH		SOLE		741	0	0
Welltower Inc.	Common	42217K106	89	1,316	SH		SOLE		1,316	0	0
Western Union Co	Common	959802109	1,542	83,975	SH		SOLE		81,640	0	2,335
Westpac Banking ADR	ADR	961214301	137	6,500	SH		SOLE		6,500	0	0
Weyerhaeuser Company	Common	962166104	1,329	48,592	SH		SOLE		47,992	0	600
Whirlpool	Common	963320106	258	1,750	SH		SOLE		1,750	0	0
Whole Foods Market, Inc	Common	966837106	12	370	SH		SOLE		370	0	0
Wisconsin Energy Corp	Common	976657106	157	3,000	SH		SOLE		3,000	0	0
WisdomTree Emerg Mk SmCap ETF	ETF	97717W281	2,900	81,429	SH		SOLE		79,677	0	1,752
Wisdomtree Japan Smallcap Divi	ETF	97717W836	83	1,550	SH		SOLE		1,550	0	0
Wolverine World Wide Inc.	Common	978097103	149	6,900	SH		SOLE		6,900	0	0
Worthington Inds Inc	Common	981811102	2	80	SH		SOLE		80	0	0
WPCS Intl Inc New	Common	92931L401	1	728	SH		SOLE		728	0	0
Xcel Energy Inc.	Common	98389B100	117	3,292	SH		SOLE		3,292	0	0
Xerox Corp.	Common	984121103	2,066	212,340	SH		SOLE		208,295	0	4,045
Xylem Inc	Common	98419M100	67	2,050	SH		SOLE		2,050	0	0
Yahoo! Inc.	Common	984332106	4	150	SH		SOLE		150	0	0
Zimmer Holdings Inc.	Common	98956P102	36	387	SH		SOLE		387	0	0