M. Kraus & Co 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
3M Company	COM	88579y101	632	3,582	SH		SOLE		0	0	3,582
AT&T Corp.	COM	001957505	391	10,002	SH		SOLE		0	0	10,002
AbbVie Inc.	COM	00287y109	3,850	43,487	SH		SOLE		0	0	43,487
Abbott Laboratories	COM	002824100	7,146	82,272	SH		SOLE		0	0	82,272
Alphabet Inc. Class C	COM	38259p706	6,717	5,024	SH		SOLE		0	0	5,024
Amazon.com, Inc.	COM	231351065	482	261	SH		SOLE		0	0	261
Amgen	COM	311621007	645	2,675	SH		SOLE		0	0	2,675
Apple Inc.	COM	378331003	1,447	4,929	SH		SOLE		0	0	4,929
Becton, Dickinson	COM	758871099	5,911	21,735	SH		SOLE		0	0	21,735
Berkshire Hathaway - B	COM	846702074	9,310	41,103	SH		SOLE		0	0	41,103
Berkshire Hathaway A, A00 shs	COM	084670108	340	100	SH		SOLE		0	0	100
Chevron Corp	COM	166764100	1,650	13,694	SH		SOLE		0	0	13,694
Church & Dwight Co.	COM	171340102	7,727	109,849	SH		SOLE		0	0	109,849
Cisco Systems Inc.	COM	17275R102	7,230	150,760	SH		SOLE		0	0	150,760
Coca-Cola	COM	191216100	277	5,009	SH		SOLE		0	0	5,009
ConocoPhillips	COM	20825c104	2,851	43,840	SH		SOLE		0	0	43,840
Disney, Walt	COM	254687106	3,653	25,261	SH		SOLE		0	0	25,261
Donaldson Company	COM	257651109	2,301	39,938	SH		SOLE		0	0	39,938
Dover Corp.	COM	260003108	214	1,855	SH		SOLE		0	0	1,855
Ecolab Inc.	COM	278865100	7,223	37,429	SH		SOLE		0	0	37,429
Enbridge Inc.	COM	29250N105	4,301	108,142	SH		SOLE		0	0	108,142
Exxon Mobil	COM	30231G102	1,213	17,386	SH		SOLE		0	0	17,386
Home Depot	COM	437076102	287	1,314	SH		SOLE		0	0	1,314
IBM	COM	459200101	1,328	9,904	SH		SOLE		0	0	9,904
Illinois Tool Works	COM	452308109	7,791	43,370	SH		SOLE		0	0	43,370
J.P. Morgan Chase	COM	46625h100	898	6,445	SH		SOLE		0	0	6,445
Johnson & Johnson	COM	478160104	6,920	47,441	SH		SOLE		0	0	47,441
L3 Harris Technologies	COM	502431109	10,706	54,104	SH		SOLE		0	0	54,104
McDonald's Corp.	COM	580135101	209	1,056	SH		SOLE		0	0	1,056
Merck & Co Inc.	COM	58933Y105	847	9,317	SH		SOLE		0	0	9,317
MicrochipTechnology	COM	595017104	4,650	44,405	SH		SOLE		0	0	44,405
Microsoft Corp.	COM	594918104	13,697	86,854	SH		SOLE		0	0	86,854
Mondelez International	COM	609207105	6,139	111,464	SH		SOLE		0	0	111,464
NextEra Energy, Inc.	COM	65339f101	8,273	34,163	SH		SOLE		0	0	34,163
Nike, Inc	COM	654106103	220	2,176	SH		SOLE		0	0	2,176
Norfolk Southern	COM	655844108	9,377	48,303	SH		SOLE		0	0	48,303
PepsiCo Inc.	COM	713448108	6,656	48,698	SH		SOLE		0	0	48,698
Pfizer, Inc.	COM	717081103	828	21,122	SH		SOLE		0	0	21,122
Phillips 66	COM	718546104	207	1,857	SH		SOLE		0	0	1,857
Procter & Gamble	COM	742718109	6,776	54,251	SH		SOLE		0	0	54,251
Rockwell Automation	COM	773903109	6,624	32,683	SH		SOLE		0	0	32,683
Stanley Black & Decker	COM	854616091	5,933	35,796	SH		SOLE		0	0	35,796
Thermo Fisher Scientific	COM	883556102	11,960	36,816	SH		SOLE		0	0	36,816
Union Pacific Corp.	COM	907818108	305	1,686	SH		SOLE		0	0	1,686
United Technologies	COM	913017109	8,631	57,634	SH		SOLE		0	0	57,634
Verizon Communications	COM	92343v104	4,284	69,779	SH		SOLE		0	0	69,779
SPDR Gold Trust	ETF	78463v107	862	6,029	SH		SOLE		0	0	6,029
Vanguard Total Stock Mkt ETF	ETF	922908769	585	3,575	SH		SOLE		0	0	3,575