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

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 CO.	COM	88579Y101	3,796	21,719	SH		SOLE		0	0	21,719
ABBOTT LABORATORIES	COM	002824100	9,740	88,957	SH		SOLE		0	0	88,957
ABBVIE INC	COM	00287Y109	1,894	17,677	SH		SOLE		0	0	17,677
ADOBE SYSTEMS INCORPORATED	COM	00724F101	7,223	14,443	SH		SOLE		0	0	14,443
AIR PRODUCTS & CHEMICALS	COM	009158106	374	1,368	SH		SOLE		0	0	1,368
ALLSTATE CORPORATION	COM	020002101	713	6,483	SH		SOLE		0	0	6,483
ALPHABET INC NON-VOTING CL C	COM	02079K107	10,997	6,277	SH		SOLE		0	0	6,277
ALPHABET INC VOTING CL A	COM	02079K305	889	507	SH		SOLE		0	0	507
AMAZON.COM INC	COM	023135106	14,116	4,334	SH		SOLE		0	0	4,334
AMERICAN ELECTRIC POWER	COM	025537101	217	2,606	SH		SOLE		0	0	2,606
AMERICAN EXPRESS INC	COM	025816109	3,213	26,576	SH		SOLE		0	0	26,576
AMGEN INC	COM	031162100	1,137	4,946	SH		SOLE		0	0	4,946
APPLE INC	COM	037833100	23,748	178,970	SH		SOLE		0	0	178,970
ARCHER DANIELS MIDLAND CO	COM	039483102	1,254	24,876	SH		SOLE		0	0	24,876
AT&T CORP NEW	COM	00206R102	1,773	61,637	SH		SOLE		0	0	61,637
ATMOS ENERGY CORP	COM	049560105	1,900	19,911	SH		SOLE		0	0	19,911
BANK OF AMERICA	COM	060505104	1,238	40,842	SH		SOLE		0	0	40,842
BANK OF NEW YORK MELLON CORP	COM	064058100	813	19,150	SH		SOLE		0	0	19,150
BECTON DICKINSON	COM	075887109	10,625	42,464	SH		SOLE		0	0	42,464
BERKSHIRE HATHAWAY INC DEL CLA	COM	084670108	3,478	10	SH		SOLE		0	0	10
BERKSHIRE HATHAWAY INC DEL CLA	COM	084670702	1,109	4,785	SH		SOLE		0	0	4,785
BOEING	COM	097023105	2,061	9,628	SH		SOLE		0	0	9,628
BRISTOL-MYERS SQUIBB COMPANY	COM	110122108	916	14,764	SH		SOLE		0	0	14,764
C S X CORPORATION	COM	126408103	635	7,000	SH		SOLE		0	0	7,000
CABLE ONE INC	COM	12685J105	862	387	SH		SOLE		0	0	387
CARRIER GLOBAL	COM	14448C104	621	16,467	SH		SOLE		0	0	16,467
CATERPILLAR INCORPORATED	COM	149123101	6,389	35,099	SH		SOLE		0	0	35,099
CHEMOURS CO	COM	163851108	17,053	687,892	SH		SOLE		0	0	687,892
CHEVRON CORP	COM	166764100	4,596	54,418	SH		SOLE		0	0	54,418
CHURCH & DWIGHT CO INC	COM	171340102	12,544	143,809	SH		SOLE		0	0	143,809
CISCO SYSTEMS INC	COM	17275R102	6,424	143,558	SH		SOLE		0	0	143,558
COCA-COLA COMPANY	COM	191216100	2,234	40,728	SH		SOLE		0	0	40,728
COLGATE-PALMOLIVE COMPANY	COM	194162103	470	5,502	SH		SOLE		0	0	5,502
COMCAST CORP NEW CL A	COM	20030N101	326	6,222	SH		SOLE		0	0	6,222
CONOCOPHILLIPS	COM	20825C104	221	5,534	SH		SOLE		0	0	5,534
CORNING INC.	COM	219350105	875	24,300	SH		SOLE		0	0	24,300
CORTEVA INC	COM	22052L104	41,209	1,064,284	SH		SOLE		0	0	1,064,284
CVS CAREMARK CORPORATION	COM	126650100	543	7,950	SH		SOLE		0	0	7,950
DANAHER CORP	COM	235851102	862	3,880	SH		SOLE		0	0	3,880
DEERE AND CO.	COM	244199105	303	1,125	SH		SOLE		0	0	1,125
DENTSPLY SIRONA INC	COM	24906P109	1,745	33,319	SH		SOLE		0	0	33,319
DISCOVER FINANCIAL SERVICES	COM	254709108	533	5,892	SH		SOLE		0	0	5,892
DOMINION RESOURCES INC OF VA	COM	25746U109	4,061	53,998	SH		SOLE		0	0	53,998
DOVER CORPORATION	COM	260003108	288	2,285	SH		SOLE		0	0	2,285
DOW CHEMICAL COMPANY (THE)	COM	260543103	61,017	1,099,405	SH		SOLE		0	0	1,099,405
DTE ENERGY	COM	233331107	366	3,011	SH		SOLE		0	0	3,011
DU PONT (E.I.) DE NEMOURS & CO	COM	263534109	78,339	1,101,656	SH		SOLE		0	0	1,101,656
DUKE ENERGY CORP	COM	26441C204	1,434	15,667	SH		SOLE		0	0	15,667
ELI LILLY & CO	COM	532457108	814	4,822	SH		SOLE		0	0	4,822
EMERSON ELECTRIC CO.	COM	291011104	1,142	14,206	SH		SOLE		0	0	14,206
ENBRIDGE INC.	COM	29250N105	794	24,811	SH		SOLE		0	0	24,811
ESSENTIAL UTILITIES INC	COM	29670G102	7,704	162,909	SH		SOLE		0	0	162,909
EXXON MOBIL CORPORATION	COM	30231G102	5,622	136,395	SH		SOLE		0	0	136,395
FEDERAL REALTY INV TR S B I	COM	313747206	881	10,349	SH		SOLE		0	0	10,349
FEDEX CORP	COM	31428X106	7,331	28,236	SH		SOLE		0	0	28,236
FISERV INC	COM	337738108	352	3,090	SH		SOLE		0	0	3,090
FRANKLIN RESOURCES INC	COM	354613101	564	22,585	SH		SOLE		0	0	22,585
GENERAL ELECTRIC COMPANY	COM	369604103	1,723	159,514	SH		SOLE		0	0	159,514
GENERAL MILLS INC	COM	370334104	716	12,174	SH		SOLE		0	0	12,174
HEALTH PEAK PROPERTIES INC	COM	42250P103	227	7,524	SH		SOLE		0	0	7,524
HERSHEY COMPANY	COM	427866108	1,792	11,762	SH		SOLE		0	0	11,762
HOME DEPOT	COM	437076102	1,365	5,140	SH		SOLE		0	0	5,140
HONEYWELL INTERNATIONAL INC	COM	438516106	4,549	21,386	SH		SOLE		0	0	21,386
ILLINOIS TOOL WORKS INC.	COM	452308109	12,460	61,113	SH		SOLE		0	0	61,113
INTEL CORP COM	COM	458140100	6,449	129,440	SH		SOLE		0	0	129,440
INTERNATIONAL BUSINESS MACHINE	COM	459200101	2,500	19,857	SH		SOLE		0	0	19,857
INTERNATIONAL PAPER CO	COM	460146103	284	5,709	SH		SOLE		0	0	5,709
INTUIT INC	COM	461202103	1,367	3,600	SH		SOLE		0	0	3,600
ISHARES MSCI EAFE INDEX	COM	464287465	344	4,720	SH		SOLE		0	0	4,720
ISHARES NASDAQ BIOTECH INDEX	COM	464287556	8,549	56,433	SH		SOLE		0	0	56,433
ISHARES RUSSELL 2000 IDX	COM	464287655	5,887	30,028	SH		SOLE		0	0	30,028
ISHARES RUSSELL MIDCAP INDEX	COM	464287499	7,954	116,039	SH		SOLE		0	0	116,039
JOHNSON & JOHNSON	COM	478160104	16,526	105,007	SH		SOLE		0	0	105,007
JPMORGAN CHASE & CO.	COM	46625H100	11,677	91,897	SH		SOLE		0	0	91,897
KELLOGG COMPANY	COM	487836108	2,597	41,736	SH		SOLE		0	0	41,736
KIMBERLY-CLARK CORP	COM	494368103	2,776	20,587	SH		SOLE		0	0	20,587
LABORATORY CORP OF AMERICA	COM	50540R409	1,315	6,461	SH		SOLE		0	0	6,461
LINDE PLC	COM	G5494J103	364	1,380	SH		SOLE		0	0	1,380
LOCKHEED MARTIN	COM	539830109	815	2,297	SH		SOLE		0	0	2,297
LOWES COS	COM	548661107	15,614	97,277	SH		SOLE		0	0	97,277
M & T BANK CORP	COM	55261F104	1,725	13,550	SH		SOLE		0	0	13,550
MANPOWER INC WISCONSIN	COM	56418H100	426	4,724	SH		SOLE		0	0	4,724
MARRIOTT INTERNATIONAL, NEW IN	COM	571903202	7,986	60,539	SH		SOLE		0	0	60,539
MARRIOTT VACATIONS WORLDWIDE C	COM	57164Y107	244	1,775	SH		SOLE		0	0	1,775
MC DONALD'S CORPORATION	COM	580135101	11,793	54,960	SH		SOLE		0	0	54,960
MEDTRONIC INC	COM	G5960L103	376	3,208	SH		SOLE		0	0	3,208
MERCK & COMPANY INCORPORATED N	COM	58933Y105	6,277	76,737	SH		SOLE		0	0	76,737
METTLER-TOLEDO INTL INC	COM	592688105	222	195	SH		SOLE		0	0	195
MICROSOFT CORPORATION	COM	594918104	27,111	121,889	SH		SOLE		0	0	121,889
MONDELEZ INTL INC	COM	609207105	280	4,797	SH		SOLE		0	0	4,797
MORGAN STANLEY & CO	COM	617446448	839	12,248	SH		SOLE		0	0	12,248
MOTOROLA SOLUTIONS, INC	COM	620076307	865	5,084	SH		SOLE		0	0	5,084
NESTLE SA REG ADR	COM	641069406	297	2,518	SH		SOLE		0	0	2,518
NEW YORK TIMES CL A	COM	650111107	248	4,800	SH		SOLE		0	0	4,800
NEXTERA ENERGY	COM	65339F101	6,433	83,385	SH		SOLE		0	0	83,385
NIKE INC CLASS B	COM	654106103	305	2,158	SH		SOLE		0	0	2,158
NORFOLK SOUTHERN CORP	COM	655844108	364	1,531	SH		SOLE		0	0	1,531
NORTHERN TRUST CORP	COM	665859104	969	10,400	SH		SOLE		0	0	10,400
ORACLE CORP	COM	68389X105	551	8,510	SH		SOLE		0	0	8,510
OTIS WORLDWIDE INC	COM	68902V107	673	9,969	SH		SOLE		0	0	9,969
PEPSICO INCORPORATED	COM	713448108	13,327	89,864	SH		SOLE		0	0	89,864
PFIZER INCORPORATED	COM	717081103	1,373	37,299	SH		SOLE		0	0	37,299
PHILIP MORRIS INTERNATIONAL	COM	718172109	409	4,943	SH		SOLE		0	0	4,943
PHILLIPS 66	COM	718546104	318	4,542	SH		SOLE		0	0	4,542
PNC FINANCIAL SERVICES GROUP	COM	693475105	536	3,594	SH		SOLE		0	0	3,594
POWERSHARES QQQ TR ETF SERIES	COM	73935A104	1,972	6,286	SH		SOLE		0	0	6,286
PROCTER & GAMBLE COMPANY	COM	742718109	17,690	127,141	SH		SOLE		0	0	127,141
PUBLIC SERVICE ENTERPRISE GROU	COM	744573106	260	4,465	SH		SOLE		0	0	4,465
QUALCOMM INC	COM	747525103	221	1,450	SH		SOLE		0	0	1,450
RAYTHEON TECHNOLOGIES CORP	COM	75513E101	5,768	80,657	SH		SOLE		0	0	80,657
SAUL CENTERS INC.	COM	804395101	213	6,728	SH		SOLE		0	0	6,728
SELECT SECTOR SPDR TR UTILITIE	COM	81369Y886	282	4,500	SH		SOLE		0	0	4,500
SMUCKER J.M. CO	COM	832696405	579	5,006	SH		SOLE		0	0	5,006
SOUTHERN COMPANY (THE)	COM	842587107	3,060	49,805	SH		SOLE		0	0	49,805
SPDR S&P 500 ETF	COM	78462F103	422	1,128	SH		SOLE		0	0	1,128
SYSCO CORPORATION	COM	871829107	1,372	18,482	SH		SOLE		0	0	18,482
T ROWE PRICE GROUP INC.	COM	74144T108	14,214	93,888	SH		SOLE		0	0	93,888
TARGET CORP	COM	87612E106	917	5,194	SH		SOLE		0	0	5,194
TEXAS INSTRUMENTS	COM	882508104	1,273	7,758	SH		SOLE		0	0	7,758
THE TJX COMPANIES	COM	872540109	273	4,000	SH		SOLE		0	0	4,000
THE TRAVELERS COS INC	COM	89417E109	574	4,089	SH		SOLE		0	0	4,089
THERMO FISHER SCIENTIFIC	COM	883556102	708	1,520	SH		SOLE		0	0	1,520
TRIMBLE NAVIGATION	COM	896239100	229	3,426	SH		SOLE		0	0	3,426
UDR INC	COM	902653104	759	19,749	SH		SOLE		0	0	19,749
UNILEVER PLC SPONS ADR	COM	904767704	302	5,000	SH		SOLE		0	0	5,000
UNION PACIFIC CORP	COM	907818108	7,005	33,640	SH		SOLE		0	0	33,640
UNITED HEALTHCARE CORP	COM	91324P102	8,207	23,403	SH		SOLE		0	0	23,403
US BANCORP DEL (NEW)	COM	902973304	212	4,541	SH		SOLE		0	0	4,541
VANGUARD EMERGING MARKETS ETF	COM	922042858	745	14,869	SH		SOLE		0	0	14,869
VANGUARD FTSE DEVELOPED MARKET	COM	921943858	1,160	24,581	SH		SOLE		0	0	24,581
VANGUARD INFORMATION TECHNOLOG	COM	92204A702	69,929	197,655	SH		SOLE		0	0	197,655
VANGUARD MID CAP ETF	COM	922908629	7,066	34,175	SH		SOLE		0	0	34,175
VANGUARD REIT ETF	COM	922908553	1,376	16,202	SH		SOLE		0	0	16,202
VANGUARD S&P ETF	COM	922908363	938	2,730	SH		SOLE		0	0	2,730
VANGUARD SMALL CAP ETF	COM	922908751	5,376	27,612	SH		SOLE		0	0	27,612
VANGUARD TOTAL STOCK MARKET	COM	922908769	3,188	16,380	SH		SOLE		0	0	16,380
VERIZON COMMUNICATIONS	COM	92343V104	4,193	71,373	SH		SOLE		0	0	71,373
VISA INC CLASS A	COM	92826C839	13,718	62,717	SH		SOLE		0	0	62,717
VULCAN MATERIALS CO	COM	929160109	356	2,400	SH		SOLE		0	0	2,400
WAL-MART STORES INC	COM	931142103	940	6,521	SH		SOLE		0	0	6,521
WALGREENS BOOTS ALLIANCE, INC.	COM	931427108	1,322	33,140	SH		SOLE		0	0	33,140
WALT DISNEY COMPANY	COM	254687106	11,307	62,408	SH		SOLE		0	0	62,408
WASH REAL ESTATE INV TRUST S B	COM	939653101	1,368	63,255	SH		SOLE		0	0	63,255
WASTE CONNECTIONS INC	COM	94106B101	236	2,300	SH		SOLE		0	0	2,300
WEINGARTEN REALTY INVS S B I	COM	948741103	1,071	49,409	SH		SOLE		0	0	49,409
WELLS FARGO & CO. NEW	COM	949746101	3,169	104,992	SH		SOLE		0	0	104,992
WEYERHAEUSER CO	COM	962166104	353	10,539	SH		SOLE		0	0	10,539
ZIMMER BIOMET HOLDINGS INC.	COM	98956P102	502	3,260	SH		SOLE		0	0	3,260