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	3,944	SH		SOLE		0	0	3,944
AT&T Corp.	COM	001957505	303	10,613	SH		SOLE		0	0	10,613
AbbVie Inc.	COM	00287y109	3,659	41,772	SH		SOLE		0	0	41,772
Abbott Laboratories	COM	002824100	8,805	80,902	SH		SOLE		0	0	80,902
Alphabet Inc. Class A	COM	38259p508	204	139	SH		SOLE		0	0	139
Alphabet Inc. Class C	COM	38259p706	7,607	5,176	SH		SOLE		0	0	5,176
Amazon.com, Inc.	COM	231351065	932	296	SH		SOLE		0	0	296
Amgen	COM	311621007	731	2,876	SH		SOLE		0	0	2,876
Apple Inc.	COM	378331003	2,203	19,027	SH		SOLE		0	0	19,027
Becton, Dickinson	COM	758871099	5,094	21,891	SH		SOLE		0	0	21,891
Berkshire Hathaway - B	COM	846702074	8,582	40,304	SH		SOLE		0	0	40,304
Berkshire Hathaway A, A00 shs	COM	084670108	320	100	SH		SOLE		0	0	100
Carrier Global Corp	COM	14448C104	4,257	139,403	SH		SOLE		0	0	139,403
Chevron Corp	COM	166764100	866	12,034	SH		SOLE		0	0	12,034
Church & Dwight Co.	COM	171340102	10,074	107,498	SH		SOLE		0	0	107,498
Cisco Systems Inc.	COM	17275R102	6,187	157,071	SH		SOLE		0	0	157,071
Coca-Cola	COM	191216100	237	4,795	SH		SOLE		0	0	4,795
ConocoPhillips	COM	20825c104	936	28,508	SH		SOLE		0	0	28,508
Disney, Walt	COM	254687106	3,324	26,791	SH		SOLE		0	0	26,791
Donaldson Company	COM	257651109	417	8,985	SH		SOLE		0	0	8,985
Dover Corp.	COM	260003108	201	1,855	SH		SOLE		0	0	1,855
Ecolab Inc.	COM	278865100	7,569	37,875	SH		SOLE		0	0	37,875
Enbridge Inc.	COM	29250N105	3,008	103,018	SH		SOLE		0	0	103,018
Exxon Mobil	COM	30231G102	411	11,973	SH		SOLE		0	0	11,973
Home Depot	COM	437076102	429	1,544	SH		SOLE		0	0	1,544
IBM	COM	459200101	1,085	8,914	SH		SOLE		0	0	8,914
Illinois Tool Works	COM	452308109	8,452	43,746	SH		SOLE		0	0	43,746
J.P. Morgan Chase	COM	46625h100	695	7,223	SH		SOLE		0	0	7,223
Johnson & Johnson	COM	478160104	7,286	48,936	SH		SOLE		0	0	48,936
L3 Harris Technologies	COM	502431109	9,146	53,852	SH		SOLE		0	0	53,852
MasterCard Inc.	COM	57636q104	530	1,567	SH		SOLE		0	0	1,567
McDonald's Corp.	COM	580135101	277	1,261	SH		SOLE		0	0	1,261
Merck & Co Inc.	COM	58933Y105	772	9,301	SH		SOLE		0	0	9,301
MicrochipTechnology	COM	595017104	4,904	47,722	SH		SOLE		0	0	47,722
Microsoft Corp.	COM	594918104	17,577	83,568	SH		SOLE		0	0	83,568
Mondelez International	COM	609207105	6,398	111,363	SH		SOLE		0	0	111,363
NextEra Energy, Inc.	COM	65339f101	9,441	34,013	SH		SOLE		0	0	34,013
Nike, Inc	COM	654106103	273	2,171	SH		SOLE		0	0	2,171
Norfolk Southern	COM	655844108	10,226	47,785	SH		SOLE		0	0	47,785
Otis Worldwide Corp	COM	68902V107	1,807	28,947	SH		SOLE		0	0	28,947
PepsiCo Inc.	COM	713448108	6,936	50,045	SH		SOLE		0	0	50,045
Pfizer, Inc.	COM	717081103	804	21,905	SH		SOLE		0	0	21,905
Procter & Gamble	COM	742718109	7,898	56,825	SH		SOLE		0	0	56,825
Raytheon Technologies Corp	COM	75513E101	4,060	70,554	SH		SOLE		0	0	70,554
Rockwell Automation	COM	773903109	6,897	31,252	SH		SOLE		0	0	31,252
Stanley Black & Decker	COM	854616091	5,649	34,829	SH		SOLE		0	0	34,829
Thermo Fisher Scientific	COM	883556102	15,885	35,979	SH		SOLE		0	0	35,979
Union Pacific Corp.	COM	907818108	332	1,686	SH		SOLE		0	0	1,686
Verizon Communications	COM	92343v104	4,524	76,038	SH		SOLE		0	0	76,038
Visa, Inc.	COM	92826c839	222	1,112	SH		SOLE		0	0	1,112
Wal-Mart Stores	COM	931142103	218	1,556	SH		SOLE		0	0	1,556
Yum! Brands, Inc.	COM	988498810	215	2,356	SH		SOLE		0	0	2,356
SPDR Gold Trust	ETF	78463v107	1,068	6,029	SH		SOLE		0	0	6,029
SPDR S&P 500 ETF	ETF	78462F103	204	609	SH		SOLE		0	0	609
Vanguard S&P 500 ETF	ETF	922908363	351	1,140	SH		SOLE		0	0	1,140
Vanguard Total Stock Mkt ETF	ETF	922908769	596	3,500	SH		SOLE		0	0	3,500