Cascade Investment Advisors 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
3M Company	Com	88579Y101	47,544	202	SH		SOLE		0	0	0
A F L A C, Inc.	Com	001055102	1,435,203	16,350	SH		SOLE		0	0	0
A T & T Inc.	Com	00206R102	170,100	4,375	SH		SOLE		0	0	0
Abbott Laboratories	Com	002824100	84,121	1,474	SH		SOLE		0	0	0
AbbVie Inc	Com	00287Y109	41,585	430	SH		SOLE		0	0	0
Adobe Systems Inc	Com	00724F101	3,855	22	SH		SOLE		0	0	0
Agrium Inc	Com	008916108	2,060,800	17,920	SH		SOLE		0	0	0
Allstate Corporation	Com	020002101	1,931,899	18,450	SH		SOLE		0	0	0
Alphabet, Inc. Class A	Class A	02079K305	72,684	69	SH		SOLE		0	0	0
Alphabet, Inc. Class C	Class C	02079K107	5,232	5	SH		SOLE		0	0	0
Altria Group Inc	Com	02209S103	7,141	100	SH		SOLE		0	0	0
Amazon Com Inc	Com	023135106	58,473	50	SH		SOLE		0	0	0
AMC Networks Inc Class A	Class A	00164V103	1,268,987	23,465	SH		SOLE		0	0	0
Amer Electric Pwr Co	Com	025537101	35,460	482	SH		SOLE		0	0	0
American Intl Group	Com	026874784	4,468	75	SH		SOLE		0	0	0
Amgen, Inc.	Com	031162100	1,381,635	7,945	SH		SOLE		0	0	0
Antero Resouces Corp	Com	03674X106	652,650	34,350	SH		SOLE		0	0	0
Apogee Enterprises	Com	037598109	1,049,046	22,940	SH		SOLE		0	0	0
Apple Computer Inc	Com	037833100	2,250,420	13,298	SH		SOLE		0	0	0
Apple Hospitality RE	Com	03784Y200	1,160,421	59,175	SH		SOLE		0	0	0
AstraZeneca PLC	Com	046353108	26,996	778	SH		SOLE		0	0	0
B C E Inc.	Com	05534B760	1,711,796	35,655	SH		SOLE		0	0	0
Bank Montreal Quebec	Com	063671101	1,803,650	22,540	SH		SOLE		0	0	0
Bank Of America Corp	Com	060505105	38,376	1,300	SH		SOLE		0	0	0
Bank Of New York Co	Com	064058100	8,079	150	SH		SOLE		0	0	0
BB&T Corporation	Com	054937107	13,772	277	SH		SOLE		0	0	0
Berkshire Hathaway Class B	Class B	084670702	152,827	771	SH		SOLE		0	0	0
Berkshire Hathaway Class A	Class A	084990175	297,600	100	SH		SOLE		0	0	0
Bk Of America	Com	060505583	16,450	700	SH		SOLE		0	0	0
Boeing Co	Com	097023105	235,928	800	SH		SOLE		0	0	0
Borg Warner Inc	Com	099724106	1,631,559	31,935	SH		SOLE		0	0	0
BP Plc ADR	Com	055622104	12,609	300	SH		SOLE		0	0	0
C H Robinson Worldwide	Com	12541W209	1,801,877	20,225	SH		SOLE		0	0	0
C V S Corp Delaware	Com	126650100	5,075	70	SH		SOLE		0	0	0
Carnival Corp New	Com	143658300	831,284	12,525	SH		SOLE		0	0	0
Carters Inc.	Com	146229109	764,859	6,510	SH		SOLE		0	0	0
Caterpillar Inc	Com	149123101	1,399,310	8,880	SH		SOLE		0	0	0
Centerpoint Energy	Com	15189T107	45,376	1,600	SH		SOLE		0	0	0
Check Point Software	Com	M22465104	31,086	300	SH		SOLE		0	0	0
ChevronTexaco Corp	Com	166764100	105,660	844	SH		SOLE		0	0	0
Choice Properties REIT	Com	17039A106	12,732	1,200	SH		SOLE		0	0	0
Cisco Systems Inc	Com	17275R102	2,078,502	54,269	SH		SOLE		0	0	0
CitiGroup	Com	172967226	59,528	800	SH		SOLE		0	0	0
CME Group Class A	Class A	12572Q105	31,692	217	SH		SOLE		0	0	0
Coca Cola Company	Com	191216100	108,781	2,371	SH		SOLE		0	0	0
Cognizant Tech Sol Class A	Class A	192446102	56,816	800	SH		SOLE		0	0	0
Colgate-Palmolive Co	Com	194162103	90,540	1,200	SH		SOLE		0	0	0
Comerica Incorporate	Com	200340107	13,629	157	SH		SOLE		0	0	0
Computer Programs & Systems	Com	205306103	587,477	19,550	SH		SOLE		0	0	0
ConocoPhillips	Com	20825C104	1,700,931	30,988	SH		SOLE		0	0	0
CoreLogic Inc.	Com	21871D103	1,366,198	29,565	SH		SOLE		0	0	0
Costco Whsl Corp New	Com	22160K105	50,252	270	SH		SOLE		0	0	0
D T E Energy Company	Com	233331107	29,554	270	SH		SOLE		0	0	0
Daimler AG	Com	D1668R123	54,967	650	SH		SOLE		0	0	0
DDR Corp.	Com	23317H102	9,184	1,025	SH		SOLE		0	0	0
Diageo PLC New ADR	Com	25243Q205	14,603	100	SH		SOLE		0	0	0
Digital Realty TRUST	Com	253868103	359,696	3,158	SH		SOLE		0	0	0
Disney, Walt Hldg Co	Com	254687106	1,498,151	13,935	SH		SOLE		0	0	0
DowDupont Inc	Com	26078J100	69,012	969	SH		SOLE		0	0	0
Duke Energy Corporation	Com	26441C204	49,204	585	SH		SOLE		0	0	0
Dun & Bradstreet Corp.	Com	26483E100	26,642	225	SH		SOLE		0	0	0
Emerson Electric Co	Com	949746101	1,965,312	28,200	SH		SOLE		0	0	0
EnCana Corporation	Com	292505104	27,993	2,100	SH		SOLE		0	0	0
Enterprise Products	Com	293792107	825,521	31,140	SH		SOLE		0	0	0
Exxon Mobil Corporation	Com	30231G102	1,632,485	19,518	SH		SOLE		0	0	0
FedEx Corporation	Com	31428X106	1,617,019	6,480	SH		SOLE		0	0	0
First Republic Bank	Com	33616C860	26,130	1,000	SH		SOLE		0	0	0
Ford Motor Company	Com	345370860	250,736	20,075	SH		SOLE		0	0	0
General Electric Company	Com	369604103	136,982	7,850	SH		SOLE		0	0	0
General Mills Inc	Com	370334104	17,787	300	SH		SOLE		0	0	0
Gentex Corp.	Com	371901109	969,461	46,275	SH		SOLE		0	0	0
Gilead Sciences Inc.	Com	375558103	1,436,740	20,055	SH		SOLE		0	0	0
Glaxosmithkline PLC	Com	37733W105	1,334,913	37,635	SH		SOLE		0	0	0
Gray Television Inc.	Com	389375106	1,246,702	74,430	SH		SOLE		0	0	0
Halliburton Co Hldg	Com	406216101	19,548	400	SH		SOLE		0	0	0
Hanesbrands Inc.	Com	410345102	1,105,511	52,870	SH		SOLE		0	0	0
Healthcare Trust Of America	Com	42225P501	19,526	650	SH		SOLE		0	0	0
Helmerich & Payne Inc	Com	423452101	6,464	100	SH		SOLE		0	0	0
Hilton Worldwide Holdings	Com	43300A104	819,044	10,256	SH		SOLE		0	0	0
Himax Technologies	Com	43289P106	808,331	77,575	SH		SOLE		0	0	0
Home Depot Inc	Com	437076102	194,268	1,025	SH		SOLE		0	0	0
Honeywell Int'l.	Com	438516106	1,728,367	11,270	SH		SOLE		0	0	0
Hudson Technologies	Com	444144109	385,900	63,575	SH		SOLE		0	0	0
I L G Inc.	Com	44967H101	946,960	33,250	SH		SOLE		0	0	0
Illinois Tool Works	Com	452308109	33,370	200	SH		SOLE		0	0	0
Infosys Ltd Sponsored ADR	Com	456788108	1,345,043	82,925	SH		SOLE		0	0	0
Intel Corp	Com	458140100	3,453,686	74,819	SH		SOLE		0	0	0
Intl Business Machine	Com	459200101	1,918,670	12,506	SH		SOLE		0	0	0
Johnson & Johnson	Com	478160104	939,385	6,723	SH		SOLE		0	0	0
Johnson Controls, Inc	Com	G51502105	1,423,789	37,360	SH		SOLE		0	0	0
Jones Lang LaSalle	Com	48020Q107	1,606,954	10,790	SH		SOLE		0	0	0
JP Morgan Chase & Co	Com	46625H100	292,373	2,734	SH		SOLE		0	0	0
JP Morgan Equity Inc	Com	4812C0464	7,362	430	SH		SOLE		0	0	0
Kellogg Company	Com	487836108	183,599	2,700	SH		SOLE		0	0	0
Kimberly-Clark Corp	Com	494368103	164,097	1,360	SH		SOLE		0	0	0
Kimco Realty Corp REIT	Com	49446R109	691,061	38,075	SH		SOLE		0	0	0
Kinder Morgan Inc	Com	49455P101	63,516	3,515	SH		SOLE		0	0	0
KKR Financial Holding	Com	48248A603	7,629	300	SH		SOLE		0	0	0
Kroger Company	Com	501044101	1,543,376	56,225	SH		SOLE		0	0	0
Lexington Realty Trust	Com	529043101	271,493	28,134	SH		SOLE		0	0	0
Lockheed Martin Corp	Com	539830109	28,894	90	SH		SOLE		0	0	0
Magellan Midstream Partners	Com	559080106	260,704	3,675	SH		SOLE		0	0	0
Magna Intl Inc	Com	559222401	1,807,206	31,890	SH		SOLE		0	0	0
Mattel Incorporated	Com	577081102	101,892	6,625	SH		SOLE		0	0	0
McDonalds Corp.	Com	580135101	20,482	119	SH		SOLE		0	0	0
McKesson Corp.	Com	58155Q103	1,082,293	6,940	SH		SOLE		0	0	0
Medtronic PLC	Com	G5960L103	807	10	SH		SOLE		0	0	0
Merck & Co Inc	Com	58933Y105	97,178	1,727	SH		SOLE		0	0	0
MetLife Inc	Com	59156R108	948,404	18,758	SH		SOLE		0	0	0
Micron Technology Inc	Com	595112103	57,568	1,400	SH		SOLE		0	0	0
Microsoft Corp	Com	594918104	2,522,317	29,487	SH		SOLE		0	0	0
Molson Coors Brewing	Com	60871R209	770,226	9,385	SH		SOLE		0	0	0
Moodys Corp	Com	615369105	73,805	500	SH		SOLE		0	0	0
Murphy Oil Corp Hldg	Com	626717102	1,051,042	33,850	SH		SOLE		0	0	0
Nextera Energy Inc.	Com	65339F101	33,580	215	SH		SOLE		0	0	0
Nielsen Holdings PLC	Com	G6518L108	870,324	23,910	SH		SOLE		0	0	0
Nike Inc Class B	Class B	654106103	9,382	150	SH		SOLE		0	0	0
Nordstrom Inc.	Com	655664100	1,264,572	26,690	SH		SOLE		0	0	0
Northrop Grumman Co.	Com	666807102	258,418	842	SH		SOLE		0	0	0
Norwegian Cruise Lines	Com	G66721104	849,603	15,955	SH		SOLE		0	0	0
Novartis AG ADR	Com	66987V109	2,151,475	25,625	SH		SOLE		0	0	0
Novo-Nordisk A-S ADR	Com	670100205	13,417	250	SH		SOLE		0	0	0
Now, Inc.	Com	67011P100	621,264	56,325	SH		SOLE		0	0	0
Nucor Corp.	Com	670346105	1,352,664	21,275	SH		SOLE		0	0	0
Occidental Petroleum	Com	674599105	813,795	11,048	SH		SOLE		0	0	0
Omnicom Group Inc	Com	681919106	1,515,956	20,815	SH		SOLE		0	0	0
Oracle Corporation	Com	68389X105	1,525,725	32,270	SH		SOLE		0	0	0
PACCAR Inc	Com	693718108	12,865	181	SH		SOLE		0	0	0
Park Hotels & Resorts	Com	700517105	929,142	32,318	SH		SOLE		0	0	0
Party City Holdco Inc	Com	702149105	602,291	43,175	SH		SOLE		0	0	0
Pentair PLC	Com	G7S00T104	35,310	500	SH		SOLE		0	0	0
Pepsico Incorporated	Com	713448108	143,904	1,200	SH		SOLE		0	0	0
Pfizer Incorporated	Com	717081103	193,414	5,340	SH		SOLE		0	0	0
Philip Morris Intl	Com	718172109	23,771	225	SH		SOLE		0	0	0
PPL Corporation	Com	69351T106	16,620	537	SH		SOLE		0	0	0
Praxair Inc	Com	74005P104	10,054	65	SH		SOLE		0	0	0
Procter & Gamble Co	Com	742718109	341,979	3,722	SH		SOLE		0	0	0
PVH Corp.	Com	693656100	487,781	3,555	SH		SOLE		0	0	0
Qualcomm Inc	Com	747525103	1,364,586	21,315	SH		SOLE		0	0	0
Quest Diagnostic Inc	Com	74834L100	12,311	125	SH		SOLE		0	0	0
Rayonier Inc.	Com	754907103	1,399,627	44,250	SH		SOLE		0	0	0
Realty Income Corp	Com	756109104	22,808	400	SH		SOLE		0	0	0
Renaissancere Holding	Com	G7498P309	12,755	500	SH		SOLE		0	0	0
Rogers Communication	Com	775109200	1,340,477	26,320	SH		SOLE		0	0	0
Rowan Companies Inc	Class A	G7665A101	290,884	18,575	SH		SOLE		0	0	0
Royal Dutch Shell Class A	Class A	780259206	136,755	2,050	SH		SOLE		0	0	0
Royal Dutch Shell Class B	Class B	780259107	29,911	438	SH		SOLE		0	0	0
Ryder System Inc.	Com	783549108	954,908	11,345	SH		SOLE		0	0	0
Sabre Corporation	Com	78573M104	1,055,750	51,500	SH		SOLE		0	0	0
Sally Beauty Holding	Com	79546E104	910,704	48,545	SH		SOLE		0	0	0
Schlumberger Ltd	Com	806857108	129,725	1,925	SH		SOLE		0	0	0
Sensata Technologies	Com	N7902X106	1,264,716	24,745	SH		SOLE		0	0	0
Solaredge Technologies	Com	83417M104	1,159,356	30,875	SH		SOLE		0	0	0
Sonic Automotive Inc	Com	83545G102	1,211,980	65,690	SH		SOLE		0	0	0
Sonoco Products Co	Com	835495102	53,140	1,000	SH		SOLE		0	0	0
Starbucks Corp	Com	855244109	107,279	1,868	SH		SOLE		0	0	0
State Street Corp	Com	857477103	3,904	40	SH		SOLE		0	0	0
Super Micro Computer	Com	86800U104	779,456	37,250	SH		SOLE		0	0	0
T J X Cos Inc	Com	872540109	76,460	1,000	SH		SOLE		0	0	0
Tapestry Inc	Com	876030107	1,795,738	40,600	SH		SOLE		0	0	0
Target Corporation	Com	87612E106	1,643,024	25,180	SH		SOLE		0	0	0
The Kraft Heinz Company	Com	500754106	16,096	207	SH		SOLE		0	0	0
The Southern Company	Com	842587107	28,854	600	SH		SOLE		0	0	0
The Toronto Dominion	Com	891160509	28,294	483	SH		SOLE		0	0	0
TransCanada Corp	Com	89353D107	13,570	279	SH		SOLE		0	0	0
Transocean Ltd.	Com	H8817H100	510,771	47,825	SH		SOLE		0	0	0
Trinity Industries	Com	896522109	1,259,967	33,635	SH		SOLE		0	0	0
Tupperware Corporation	Com	899896104	821,370	13,100	SH		SOLE		0	0	0
U S Bancorp Del New	Com	902973304	3,256,744	60,782	SH		SOLE		0	0	0
Ubiquiti Networks	Com	90347A100	1,371,751	19,315	SH		SOLE		0	0	0
UBS AG Jersey E-Trac	Com	902641646	3,628	150	SH		SOLE		0	0	0
Umpqua Holdings Corp	Com	904214103	91,832	4,415	SH		SOLE		0	0	0
United Parcel Service	Class B	911312106	35,745	300	SH		SOLE		0	0	0
United Technologies	Com	913017109	46,307	363	SH		SOLE		0	0	0
United/Continental Holdings	Com	910047109	10,110	150	SH		SOLE		0	0	0
USD Partners LP	Com	903318103	5,062	450	SH		SOLE		0	0	0
Valmont Industries	Com	920253101	66,340	400	SH		SOLE		0	0	0
Ventas Inc.	Com	92276F100	15,482	258	SH		SOLE		0	0	0
Verizon Communication	Com	92343V104	1,486,168	28,078	SH		SOLE		0	0	0
VMware Inc.	Com	928563402	1,606,602	12,820	SH		SOLE		0	0	0
Vodafone Group Plc ADR	Com	92857W308	14,961	469	SH		SOLE		0	0	0
Wal-Mart Stores Inc	Com	931142103	1,469,893	14,885	SH		SOLE		0	0	0
Waters Corp	Com	941848103	19,319	100	SH		SOLE		0	0	0
Wells Fargo & Company	Com	949746101	3,829,591	63,121	SH		SOLE		0	0	0
Welltower, Inc. REIT	Com	95040Q104	1,600,044	25,090	SH		SOLE		0	0	0
Weyerhaeuser Co.	Com	962166104	1,311,198	37,186	SH		SOLE		0	0	0
Williams Sonoma	Com	969904101	1,555,653	30,090	SH		SOLE		0	0	0
Winnebago Industries	Com	974637100	1,481,184	26,640	SH		SOLE		0	0	0
Xylem Inc.	Com	98419M100	54,560	800	SH		SOLE		0	0	0
Zebra Technologies Class A	Class A	989207105	1,027,101	9,895	SH		SOLE		0	0	0