Folger Nolan Fleming Douglas Capital 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

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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 CO.	COM	88579Y101	3,445	21,504	SH		SOLE		0	0	21,504
ABBOTT LABORATORIES	COM	002824100	9,795	90,004	SH		SOLE		0	0	90,004
ABBVIE INC	COM	00287Y109	1,540	17,577	SH		SOLE		0	0	17,577
ADOBE SYSTEMS INCORPORATED	COM	00724F101	7,140	14,558	SH		SOLE		0	0	14,558
AIR PRODUCTS & CHEMICALS	COM	009158106	407	1,368	SH		SOLE		0	0	1,368
ALLSTATE CORPORATION	COM	020002101	610	6,483	SH		SOLE		0	0	6,483
ALPHABET INC NON-VOTING CL C	COM	02079K107	9,383	6,385	SH		SOLE		0	0	6,385
ALPHABET INC VOTING CL A	COM	02079K305	715	488	SH		SOLE		0	0	488
AMAZON.COM INC	COM	023135106	13,634	4,330	SH		SOLE		0	0	4,330
AMERICAN ELECTRIC POWER	COM	025537101	213	2,606	SH		SOLE		0	0	2,606
AMERICAN EXPRESS INC	COM	025816109	2,758	27,515	SH		SOLE		0	0	27,515
AMGEN INC	COM	031162100	1,257	4,946	SH		SOLE		0	0	4,946
APPLE INC	COM	037833100	20,858	180,105	SH		SOLE		0	0	180,105
ARCHER DANIELS MIDLAND CO	COM	039483102	1,156	24,876	SH		SOLE		0	0	24,876
AT&T CORP NEW	COM	00206R102	1,734	60,826	SH		SOLE		0	0	60,826
ATMOS ENERGY CORP	COM	049560105	1,894	19,819	SH		SOLE		0	0	19,819
BANK OF AMERICA	COM	060505104	1,012	41,992	SH		SOLE		0	0	41,992
BANK OF NEW YORK MELLON CORP	COM	064058100	658	19,175	SH		SOLE		0	0	19,175
BECTON DICKINSON	COM	075887109	9,883	42,475	SH		SOLE		0	0	42,475
BERKSHIRE HATHAWAY INC DEL CLA	COM	084670108	3,520	11	SH		SOLE		0	0	11
BERKSHIRE HATHAWAY INC DEL CLA	COM	084670702	854	4,010	SH		SOLE		0	0	4,010
BOEING	COM	097023105	1,586	9,598	SH		SOLE		0	0	9,598
BRISTOL-MYERS SQUIBB COMPANY	COM	110122108	895	14,839	SH		SOLE		0	0	14,839
C S X CORPORATION	COM	126408103	544	7,000	SH		SOLE		0	0	7,000
CABLE ONE INC	COM	12685J105	730	387	SH		SOLE		0	0	387
CARRIER GLOBAL	COM	14448C104	515	16,847	SH		SOLE		0	0	16,847
CATERPILLAR INCORPORATED	COM	149123101	5,383	36,091	SH		SOLE		0	0	36,091
CHEMOURS CO	COM	163851108	14,697	702,885	SH		SOLE		0	0	702,885
CHEVRON CORP	COM	166764100	3,937	54,683	SH		SOLE		0	0	54,683
CHURCH & DWIGHT CO INC	COM	171340102	13,592	145,044	SH		SOLE		0	0	145,044
CISCO SYSTEMS INC	COM	17275R102	5,878	149,228	SH		SOLE		0	0	149,228
COCA-COLA COMPANY	COM	191216100	2,011	40,728	SH		SOLE		0	0	40,728
COLGATE-PALMOLIVE COMPANY	COM	194162103	459	5,952	SH		SOLE		0	0	5,952
COMCAST CORP NEW CL A	COM	20030N101	288	6,222	SH		SOLE		0	0	6,222
CORNING INC.	COM	219350105	788	24,300	SH		SOLE		0	0	24,300
CORTEVA INC	COM	22052L104	30,660	1,064,220	SH		SOLE		0	0	1,064,220
CVS CAREMARK CORPORATION	COM	126650100	464	7,950	SH		SOLE		0	0	7,950
DANAHER CORP	COM	235851102	900	4,180	SH		SOLE		0	0	4,180
DEERE AND CO.	COM	244199105	249	1,125	SH		SOLE		0	0	1,125
DENTSPLY SIRONA INC	COM	24906P109	1,546	35,349	SH		SOLE		0	0	35,349
DISCOVER FINANCIAL SERVICES	COM	254709108	346	5,987	SH		SOLE		0	0	5,987
DOMINION RESOURCES INC OF VA	COM	25746U109	4,290	54,347	SH		SOLE		0	0	54,347
DOVER CORPORATION	COM	260003108	248	2,285	SH		SOLE		0	0	2,285
DOW CHEMICAL COMPANY (THE)	COM	260543103	51,739	1,099,661	SH		SOLE		0	0	1,099,661
DTE ENERGY	COM	233331107	346	3,011	SH		SOLE		0	0	3,011
DU PONT (E.I.) DE NEMOURS & CO	COM	263534109	61,134	1,101,912	SH		SOLE		0	0	1,101,912
DUKE ENERGY CORP	COM	26441C204	1,410	15,921	SH		SOLE		0	0	15,921
ELI LILLY & CO	COM	532457108	714	4,822	SH		SOLE		0	0	4,822
EMERSON ELECTRIC CO.	COM	291011104	932	14,206	SH		SOLE		0	0	14,206
ENBRIDGE INC.	COM	29250N105	717	24,567	SH		SOLE		0	0	24,567
ESSENTIAL UTILITIES INC	COM	29670G102	6,565	163,096	SH		SOLE		0	0	163,096
EXXON MOBIL CORPORATION	COM	30231G102	4,928	143,548	SH		SOLE		0	0	143,548
FEDERAL REALTY INV TR S B I	COM	313747206	780	10,614	SH		SOLE		0	0	10,614
FEDEX CORP	COM	31428X106	7,110	28,269	SH		SOLE		0	0	28,269
FISERV INC	COM	337738108	318	3,090	SH		SOLE		0	0	3,090
FRANKLIN RESOURCES INC	COM	354613101	460	22,585	SH		SOLE		0	0	22,585
GENERAL ELECTRIC COMPANY	COM	369604103	1,029	165,165	SH		SOLE		0	0	165,165
GENERAL MILLS INC	COM	370334104	751	12,174	SH		SOLE		0	0	12,174
HEALTH PEAK PROPERTIES INC	COM	42250P103	204	7,524	SH		SOLE		0	0	7,524
HERSHEY COMPANY	COM	427866108	1,686	11,762	SH		SOLE		0	0	11,762
HOME DEPOT	COM	437076102	1,414	5,090	SH		SOLE		0	0	5,090
HONEYWELL INTERNATIONAL INC	COM	438516106	3,586	21,783	SH		SOLE		0	0	21,783
ILLINOIS TOOL WORKS INC.	COM	452308109	11,885	61,513	SH		SOLE		0	0	61,513
INTEL CORP COM	COM	458140100	7,012	135,410	SH		SOLE		0	0	135,410
INTERNATIONAL BUSINESS MACHINE	COM	459200101	2,392	19,657	SH		SOLE		0	0	19,657
INTERNATIONAL PAPER CO	COM	460146103	231	5,709	SH		SOLE		0	0	5,709
INTUIT INC	COM	461202103	1,174	3,600	SH		SOLE		0	0	3,600
ISHARES MSCI EAFE INDEX	COM	464287465	300	4,720	SH		SOLE		0	0	4,720
ISHARES NASDAQ BIOTECH INDEX	COM	464287556	7,498	55,373	SH		SOLE		0	0	55,373
ISHARES RUSSELL 2000 IDX	COM	464287655	4,514	30,138	SH		SOLE		0	0	30,138
ISHARES RUSSELL MIDCAP INDEX	COM	464287499	6,690	116,599	SH		SOLE		0	0	116,599
JOHNSON & JOHNSON	COM	478160104	15,775	105,960	SH		SOLE		0	0	105,960
JPMORGAN CHASE & CO.	COM	46625H100	8,920	92,657	SH		SOLE		0	0	92,657
KELLOGG COMPANY	COM	487836108	2,654	41,086	SH		SOLE		0	0	41,086
KIMBERLY-CLARK CORP	COM	494368103	3,040	20,587	SH		SOLE		0	0	20,587
LABORATORY CORP OF AMERICA	COM	50540R409	1,267	6,729	SH		SOLE		0	0	6,729
LINDE PLC	COM	G5494J103	321	1,350	SH		SOLE		0	0	1,350
LOCKHEED MARTIN	COM	539830109	877	2,287	SH		SOLE		0	0	2,287
LOWES COS	COM	548661107	16,359	98,629	SH		SOLE		0	0	98,629
M & T BANK CORP	COM	55261F104	1,248	13,550	SH		SOLE		0	0	13,550
MANPOWER INC WISCONSIN	COM	56418H100	346	4,724	SH		SOLE		0	0	4,724
MARRIOTT INTERNATIONAL, NEW IN	COM	571903202	5,620	60,701	SH		SOLE		0	0	60,701
MC DONALD'S CORPORATION	COM	580135101	12,147	55,344	SH		SOLE		0	0	55,344
MEDTRONIC INC	COM	G5960L103	332	3,198	SH		SOLE		0	0	3,198
MERCK & COMPANY INCORPORATED N	COM	58933Y105	6,458	77,855	SH		SOLE		0	0	77,855
MICROSOFT CORPORATION	COM	594918104	25,901	123,146	SH		SOLE		0	0	123,146
MONDELEZ INTL INC	COM	609207105	276	4,797	SH		SOLE		0	0	4,797
MORGAN STANLEY & CO	COM	617446448	592	12,248	SH		SOLE		0	0	12,248
MOTOROLA SOLUTIONS, INC	COM	620076307	797	5,084	SH		SOLE		0	0	5,084
NESTLE SA REG ADR	COM	641069406	275	2,303	SH		SOLE		0	0	2,303
NEW YORK TIMES CL A	COM	650111107	205	4,800	SH		SOLE		0	0	4,800
NEXTERA ENERGY	COM	65339F101	5,932	21,370	SH		SOLE		0	0	21,370
NIKE INC CLASS B	COM	654106103	260	2,073	SH		SOLE		0	0	2,073
NORFOLK SOUTHERN CORP	COM	655844108	328	1,531	SH		SOLE		0	0	1,531
NORTHERN TRUST CORP	COM	665859104	811	10,400	SH		SOLE		0	0	10,400
ORACLE CORP	COM	68389X105	508	8,510	SH		SOLE		0	0	8,510
OTIS WORLDWIDE INC	COM	68902V107	659	10,559	SH		SOLE		0	0	10,559
PEPSICO INCORPORATED	COM	713448108	12,492	90,127	SH		SOLE		0	0	90,127
PFIZER INCORPORATED	COM	717081103	1,356	36,945	SH		SOLE		0	0	36,945
PHILIP MORRIS INTERNATIONAL	COM	718172109	371	4,943	SH		SOLE		0	0	4,943
PHILLIPS 66	COM	718546104	235	4,542	SH		SOLE		0	0	4,542
PNC FINANCIAL SERVICES GROUP	COM	693475105	401	3,644	SH		SOLE		0	0	3,644
POWERSHARES QQQ TR ETF SERIES	COM	73935A104	1,726	6,211	SH		SOLE		0	0	6,211
PROCTER & GAMBLE COMPANY	COM	742718109	17,696	127,318	SH		SOLE		0	0	127,318
PUBLIC SERVICE ENTERPRISE GROU	COM	744573106	247	4,490	SH		SOLE		0	0	4,490
RAYTHEON TECHNOLOGIES CORP	COM	75513E101	4,680	81,332	SH		SOLE		0	0	81,332
SELECT SECTOR SPDR TR UTILITIE	COM	81369Y886	267	4,500	SH		SOLE		0	0	4,500
SMUCKER J.M. CO	COM	832696405	578	5,006	SH		SOLE		0	0	5,006
SOUTHERN COMPANY (THE)	COM	842587107	2,698	49,755	SH		SOLE		0	0	49,755
SPDR S&P 500 ETF	COM	78462F103	378	1,128	SH		SOLE		0	0	1,128
SYSCO CORPORATION	COM	871829107	1,138	18,282	SH		SOLE		0	0	18,282
T ROWE PRICE GROUP INC.	COM	74144T108	12,268	95,676	SH		SOLE		0	0	95,676
TARGET CORP	COM	87612E106	859	5,454	SH		SOLE		0	0	5,454
TEXAS INSTRUMENTS	COM	882508104	1,108	7,758	SH		SOLE		0	0	7,758
THE TJX COMPANIES	COM	872540109	223	4,000	SH		SOLE		0	0	4,000
THE TRAVELERS COS INC	COM	89417E109	426	3,939	SH		SOLE		0	0	3,939
THERMO FISHER SCIENTIFIC	COM	883556102	649	1,470	SH		SOLE		0	0	1,470
UDR INC	COM	902653104	630	19,317	SH		SOLE		0	0	19,317
UNILEVER	COM	904784709	290	4,800	SH		SOLE		0	0	4,800
UNION PACIFIC CORP	COM	907818108	6,722	34,142	SH		SOLE		0	0	34,142
UNITED HEALTHCARE CORP	COM	91324P102	7,248	23,247	SH		SOLE		0	0	23,247
VANGUARD EMERGING MARKETS ETF	COM	922042858	633	14,634	SH		SOLE		0	0	14,634
VANGUARD FTSE DEVELOPED MARKET	COM	921943858	992	24,266	SH		SOLE		0	0	24,266
VANGUARD INFORMATION TECHNOLOG	COM	92204A702	61,387	197,099	SH		SOLE		0	0	197,099
VANGUARD MID CAP ETF	COM	922908629	6,245	35,430	SH		SOLE		0	0	35,430
VANGUARD REIT ETF	COM	922908553	822	10,410	SH		SOLE		0	0	10,410
VANGUARD S&P ETF	COM	922908363	840	2,730	SH		SOLE		0	0	2,730
VANGUARD SMALL CAP ETF	COM	922908751	4,341	28,224	SH		SOLE		0	0	28,224
VANGUARD TOTAL STOCK MARKET	COM	922908769	2,786	16,360	SH		SOLE		0	0	16,360
VERIZON COMMUNICATIONS	COM	92343V104	4,180	70,262	SH		SOLE		0	0	70,262
VISA INC CLASS A	COM	92826C839	12,528	62,647	SH		SOLE		0	0	62,647
VULCAN MATERIALS CO	COM	929160109	325	2,400	SH		SOLE		0	0	2,400
WAL-MART STORES INC	COM	931142103	894	6,388	SH		SOLE		0	0	6,388
WALGREENS BOOTS ALLIANCE, INC.	COM	931427108	1,465	40,780	SH		SOLE		0	0	40,780
WALT DISNEY COMPANY	COM	254687106	7,780	62,702	SH		SOLE		0	0	62,702
WASH REAL ESTATE INV TRUST S B	COM	939653101	1,507	74,855	SH		SOLE		0	0	74,855
WASTE CONNECTIONS INC	COM	94106B101	259	2,500	SH		SOLE		0	0	2,500
WEINGARTEN REALTY INVS S B I	COM	948741103	1,121	66,109	SH		SOLE		0	0	66,109
WELLS FARGO & CO. NEW	COM	949746101	2,537	107,891	SH		SOLE		0	0	107,891
WEYERHAEUSER CO	COM	962166104	301	10,539	SH		SOLE		0	0	10,539
ZIMMER BIOMET HOLDINGS INC.	COM	98956P102	444	3,260	SH		SOLE		0	0	3,260