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
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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
Abbott Laboratories COM 002824100 33 400 SH   SOLE   0 0 400
AbbVie Inc. COM 00287Y109 5,066 66,900 SH   SOLE   66,900 0 0
Air Products & Chemicals Inc. COM 009158106 7,277 32,800 SH   SOLE   32,800 0 0
Alliant Energy Corp. COM 018802108 5,759 106,778 SH   SOLE   106,778 0 0
Altria Group Inc. COM 02209S103 1,432 35,000 SH   SOLE   35,000 0 0
Ameren Corp. COM 023608102 5,937 74,165 SH   SOLE   74,165 0 0
American Electric Power Co. COM 025537101 7,289 77,800 SH   SOLE   77,600 0 200
Amgen Inc. COM 031162100 4,954 25,600 SH   SOLE   25,600 0 0
Anheuser-Busch INBEV COM ADR 03524A108 38 400 SH   SOLE   0 0 400
Apple Inc. COM 037833100 3,024 13,500 SH   SOLE   13,500 0 0
Astrazeneca PLC COM ADR 046353108 40 900 SH   SOLE   0 0 900
AT&T Inc. COM 00206R102 5,979 158,000 SH   SOLE   158,000 0 0
Bank of New York Mellon COM 064058100 2,667 58,993 SH   SOLE   58,993 0 0
Blackrock Inc. COM 09247X101 2,228 5,000 SH   SOLE   5,000 0 0
Branch Bank & Trust COM 054937107 5,769 108,100 SH   SOLE   108,100 0 0
Bristol-Myers Squibb Co. COM 110122108 2,825 55,700 SH   SOLE   55,700 0 0
CenterPoint Energy Inc. COM 15189T107 4,669 154,693 SH   SOLE   154,693 0 0
Chevron Corp. COM 166764100 3,855 32,500 SH   SOLE   32,500 0 0
Cincinnati Financial Corp. COM 172062101 47 400 SH   SOLE   0 0 400
Cisco Systems Inc. COM 17275R102 6,799 137,600 SH   SOLE   136,000 0 1,600
Citizens Financial Group COM 174610105 3,127 88,400 SH   SOLE   88,400 0 0
Clorox Co. COM 189054109 759 5,000 SH   SOLE   5,000 0 0
CMS Energy Corp. COM 125896100 2,193 34,300 SH   SOLE   34,300 0 0
Coca Cola Co. COM 191216100 6,631 121,800 SH   SOLE   121,000 0 800
Comcast Corp. COM 20030N101 3,381 75,000 SH   SOLE   75,000 0 0
Corteva Inc. COM 22052L104 859 30,666 SH   SOLE   30,666 0 0
CVS Health Corp. COM 126650100 3,589 56,900 SH   SOLE   56,900 0 0
Digital Realty Trust Inc. REIT 253868103 106 817 SH   SOLE   0 0 817
Dominion Energy Inc. COM 25746U109 3,631 44,800 SH   SOLE   44,800 0 0
Dow Inc. COM 260557103 1,461 30,666 SH   SOLE   30,666 0 0
DTE Energy Co. COM 233331107 6,082 45,740 SH   SOLE   45,740 0 0
Duke Energy Corp. COM 26441C204 3,854 40,200 SH   SOLE   40,200 0 0
Dupont de Nemours Inc. COM 26614N102 2,187 30,666 SH   SOLE   30,666 0 0
Eastman Chemical Co. COM 277432100 2,872 38,900 SH   SOLE   38,900 0 0
Eaton Corp. PLC COM G29183103 1,497 18,000 SH   SOLE   18,000 0 0
Emerson Electric Co. COM 291011104 1,070 16,000 SH   SOLE   16,000 0 0
Entergy Corp. COM 29364G103 1,878 16,000 SH   SOLE   16,000 0 0
Evergy Inc. COM 30034W106 4,865 73,094 SH   SOLE   73,094 0 0
Eversource Energy COM 30040W108 5,470 64,000 SH   SOLE   64,000 0 0
Exelon Corp. COM 30161N101 3,324 68,800 SH   SOLE   68,800 0 0
Exxon Mobil Corp. COM 30231G102 2,860 40,500 SH   SOLE   40,200 0 300
Fifth Third Bancorp COM 316773100 3,119 113,900 SH   SOLE   113,900 0 0
General Motors Co. COM 37045V100 3,806 101,552 SH   SOLE   101,552 0 0
Hasbro Inc. COM 418056107 3,489 29,400 SH   SOLE   29,400 0 0
Huntington Bancshares COM 446150104 3,204 224,500 SH   SOLE   224,500 0 0
Huntsman Corp. COM 447011107 2,614 112,400 SH   SOLE   112,400 0 0
Intel Corp. COM 458140100 5,815 112,850 SH   SOLE   111,850 0 1,000
International Paper Co. COM 460146103 2,890 69,100 SH   SOLE   69,100 0 0
IShares Edge MSCI Min Vol USA ETF 46429B697 784 12,225 SH   SOLE   0 0 12,225
IShares U.S. Preferred Stock ETF 464288687 1,035 27,558 SH   SOLE   0 0 27,558
IShares Ultra Short-Term Bond ETF 46434V878 25,195 500,000 SH   SOLE   0 0 500,000
Johnson & Johnson COM 478160104 4,826 37,300 SH   SOLE   37,300 0 0
JP Morgan Chase & Co. COM 46625H100 4,031 34,250 SH   SOLE   33,750 0 500
Kellogg Co. COM 487836108 3,604 56,000 SH   SOLE   56,000 0 0
Kimberly-Clark Corp. COM 494368103 4,972 35,000 SH   SOLE   35,000 0 0
Kohl's Corp. COM 500255104 2,980 60,000 SH   SOLE   60,000 0 0
Leggett & Platt Inc. COM 524660107 1,195 29,200 SH   SOLE   29,200 0 0
Lockheed Martin Corp. COM 539830109 780 2,000 SH   SOLE   2,000 0 0
M&T Bank Corp. COM 55261F104 28 175 SH   SOLE   0 0 175
Marathon Petroleum Corp. COM 56585A102 2,442 40,200 SH   SOLE   40,200 0 0
McDonald's Corp. COM 580135101 3,135 14,600 SH   SOLE   14,600 0 0
Merck & Co. Inc. COM 58933Y105 6,200 73,650 SH   SOLE   73,400 0 250
Metlife Inc. COM 59156R108 0 10 SH   SOLE   10 0 0
Microchip Technology Inc. COM 595017104 5,472 58,900 SH   SOLE   58,900 0 0
Microsoft Corp. COM 594918104 813 5,850 SH   SOLE   5,000 0 850
Nextera Energy Inc. COM 65339F101 7,572 32,500 SH   SOLE   32,500 0 0
Nisource Inc. COM 65473P105 3,195 106,795 SH   SOLE   106,795 0 0
Northern Trust Corp. COM 665859104 2,426 26,000 SH   SOLE   26,000 0 0
Nucor Corp. COM 670346105 2,189 43,000 SH   SOLE   43,000 0 0
OGE Energy Corp. COM 670837103 36 800 SH   SOLE   800 0 0
Oneok Inc. COM 682680103 3,740 50,750 SH   SOLE   50,200 0 550
Oracle Corp. COM 68389X105 39 700 SH   SOLE   0 0 700
Paychex Inc. COM 704326107 7,056 85,250 SH   SOLE   84,700 0 550
PepsiCo Inc. COM 713448108 6,170 45,000 SH   SOLE   45,000 0 0
Pfizer Inc. COM 717081103 5,336 148,500 SH   SOLE   147,000 0 1,500
Philip Morris Int'l, Inc. COM 718172109 3,227 42,500 SH   SOLE   42,500 0 0
Phillips 66 COM 718546104 3,429 33,489 SH   SOLE   33,489 0 0
Pinnacle West Capital COM 723484101 5,392 55,550 SH   SOLE   55,200 0 350
Portland General Electric Co. COM 736508847 1,860 33,000 SH   SOLE   33,000 0 0
PPL Corp. COM 69351T106 2,555 81,142 SH   SOLE   81,142 0 0
Proctor & Gamble Co. COM 742718109 5,087 40,900 SH   SOLE   40,900 0 0
Prudential Financial COM 744320102 4,322 48,050 SH   SOLE   48,050 0 0
Public Svc Enterprise Group COM 744573106 6,109 98,400 SH   SOLE   98,400 0 0
Regions Financial Corp. COM 7591EP100 2,910 183,941 SH   SOLE   183,941 0 0
Schwab US Dividend ETF 808524797 12,780 233,300 SH   SOLE   0 0 233,300
State Street Corp. COM 857477103 3,250 54,900 SH   SOLE   54,900 0 0
Sysco Corp. COM 871829107 4,367 55,000 SH   SOLE   55,000 0 0
Target Corp. COM 87612E106 6,415 60,000 SH   SOLE   60,000 0 0
3M Company COM 88579Y101 1,315 8,000 SH   SOLE   8,000 0 0
The Walt Disney Co. COM 254687106 26 200 SH   SOLE   0 0 200
United Parcel Service COM 911312106 3,870 32,300 SH   SOLE   32,300 0 0
US Bancorp COM 902973304 3,431 62,000 SH   SOLE   62,000 0 0
Valero Energy Corp. COM 91913Y100 597 7,000 SH   SOLE   7,000 0 0
Vanguard FTSE Dev. Market ETF 921943858 60,548 1,473,900 SH   SOLE   0 0 1,473,900
Vanguard High DVD Yield ETF 921946406 24,418 275,192 SH   SOLE   0 0 275,192
Vanguard Total Stock Market Index ETF 922908769 114,183 756,180 SH   SOLE   0 0 756,180
Verizon Comm. Inc. COM 92343V104 5,734 95,000 SH   SOLE   95,000 0 0
Visa Inc. COM 92826C839 69 400 SH   SOLE   0 0 400
Walmart Inc. COM 931142103 5,614 47,300 SH   SOLE   47,000 0 300
Waste Management Inc. COM 94106L109 5,641 49,050 SH   SOLE   48,400 0 650
WEC Energy Group Inc. COM 92939U106 6,129 64,450 SH   SOLE   64,100 0 350
Wells Fargo & Company COM 949746101 4,035 80,000 SH   SOLE   80,000 0 0
Williams Companies Inc. COM 969457100 2,406 100,000 SH   SOLE   100,000 0 0
Xcel Energy Inc. COM 98389B100 7,833 120,709 SH   SOLE   120,709 0 0
Zoetis Inc. COM 98978V103 75 600 SH   SOLE   0 0 600