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    <nameOfIssuer>ABBOTT LABS</nameOfIssuer>
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    <nameOfIssuer>ABBVIE INC.</nameOfIssuer>
    <titleOfClass>Common Stock</titleOfClass>
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    <nameOfIssuer>AIR PRODUCTS &amp; CHEMICALS</nameOfIssuer>
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    <cusip>009158106</cusip>
    <value>324</value>
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    <nameOfIssuer>ALIBABA GROUP HOLDING LTD</nameOfIssuer>
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    <nameOfIssuer>ALPHABET INC. CLASS A</nameOfIssuer>
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    <nameOfIssuer>BLACKROCK, INC.</nameOfIssuer>
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    <nameOfIssuer>BLACKROCK CAPITAL ALLOCATION TR</nameOfIssuer>
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    <nameOfIssuer>BRISTOL-MYERS SQUIBB CO.</nameOfIssuer>
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    <nameOfIssuer>CHEVRON CORP.</nameOfIssuer>
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    <nameOfIssuer>CISCO SYSTEMS INC.</nameOfIssuer>
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    <nameOfIssuer>CITIGROUP INC.</nameOfIssuer>
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    <nameOfIssuer>COLGATE-PALMOLIVE COMPANY</nameOfIssuer>
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    <nameOfIssuer>DISNEY (WALT) CO.</nameOfIssuer>
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    <nameOfIssuer>DUPONT de NEMOURS INC.</nameOfIssuer>
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    <nameOfIssuer>ELEMENT SOLUTIONS INC.</nameOfIssuer>
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    <nameOfIssuer>EMERSON ELEC CO.</nameOfIssuer>
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    <nameOfIssuer>EXXON MOBIL CORP.</nameOfIssuer>
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    <nameOfIssuer>GW PHARMACEUTICALS plc ADR</nameOfIssuer>
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    <nameOfIssuer>GENERAL ELECTRIC</nameOfIssuer>
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    <nameOfIssuer>GOLDMAN SACHS GROUP INC.</nameOfIssuer>
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    <nameOfIssuer>HOME DEPOT INC.</nameOfIssuer>
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    <nameOfIssuer>HONEYWELL INTL INC.</nameOfIssuer>
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    <nameOfIssuer>HOWARD HUGHES CORP</nameOfIssuer>
    <titleOfClass>Common Stock</titleOfClass>
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    <value>2528</value>
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    <value>560</value>
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    <nameOfIssuer>INTEL CORP.</nameOfIssuer>
    <titleOfClass>Common Stock</titleOfClass>
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    <nameOfIssuer>JP MORGAN CHASE &amp; CO.</nameOfIssuer>
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    <nameOfIssuer>JOHNSON &amp; JOHNSON</nameOfIssuer>
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    <votingAuthority>
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    <nameOfIssuer>KINDER MORGAN INC.</nameOfIssuer>
    <titleOfClass>Common Stock</titleOfClass>
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    <votingAuthority>
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    <nameOfIssuer>L3 HARRIS TECHNOLOGIES INC.</nameOfIssuer>
    <titleOfClass>Common Stock</titleOfClass>
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    <votingAuthority>
      <Sole>10288</Sole>
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      <None>0</None>
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    <nameOfIssuer>LOWES COMPANIES INC.</nameOfIssuer>
    <titleOfClass>Common Stock</titleOfClass>
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    <nameOfIssuer>MC DONALD'S CORPORATION</nameOfIssuer>
    <titleOfClass>Common Stock</titleOfClass>
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      <Sole>19018</Sole>
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    <nameOfIssuer>MEDTRONIC PLC SHS</nameOfIssuer>
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    <votingAuthority>
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    <nameOfIssuer>MICROSOFT CORPORATION</nameOfIssuer>
    <titleOfClass>Common Stock</titleOfClass>
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    <votingAuthority>
      <Sole>59996</Sole>
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    <nameOfIssuer>MONDELEZ INTERNATIONAL INC.</nameOfIssuer>
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    <value>263</value>
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    <votingAuthority>
      <Sole>4500</Sole>
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      <None>0</None>
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    <nameOfIssuer>MORGAN STANLEY</nameOfIssuer>
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    <value>556</value>
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    <nameOfIssuer>NIKE INC.</nameOfIssuer>
    <titleOfClass>Common Stock</titleOfClass>
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    <votingAuthority>
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      <None>0</None>
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    <nameOfIssuer>NORFOLK SOUTHERN CORP.</nameOfIssuer>
    <titleOfClass>Common Stock</titleOfClass>
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    <value>4182</value>
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    <votingAuthority>
      <Sole>17600</Sole>
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      <None>0</None>
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    <nameOfIssuer>NOVARTIS ADR</nameOfIssuer>
    <titleOfClass>Common Stock</titleOfClass>
    <cusip>66987V109</cusip>
    <value>1690</value>
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    <votingAuthority>
      <Sole>17900</Sole>
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      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>ORACLE CORPORATION</nameOfIssuer>
    <titleOfClass>Common Stock</titleOfClass>
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    <value>2322</value>
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    <votingAuthority>
      <Sole>35900</Sole>
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      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>PEPSICO</nameOfIssuer>
    <titleOfClass>Common Stock</titleOfClass>
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    <value>3091</value>
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      <Sole>20846</Sole>
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    <nameOfIssuer>PFIZER</nameOfIssuer>
    <titleOfClass>Common Stock</titleOfClass>
    <cusip>717081103</cusip>
    <value>582</value>
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      <sshPrnamt>15808</sshPrnamt>
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      <None>0</None>
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    <nameOfIssuer>PROCTER &amp; GAMBLE CO.</nameOfIssuer>
    <titleOfClass>Common Stock</titleOfClass>
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      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>QUALCOMM INC.</nameOfIssuer>
    <titleOfClass>Common Stock</titleOfClass>
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      <Sole>34500</Sole>
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      <None>0</None>
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    <nameOfIssuer>SPDR S&amp;P 500 ETF TRUST</nameOfIssuer>
    <titleOfClass>Trust Unit</titleOfClass>
    <cusip>78462F103</cusip>
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    <nameOfIssuer>STRYKER CORPORATION</nameOfIssuer>
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    <nameOfIssuer>TRANE TECHNOLOGIES PLC</nameOfIssuer>
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    <nameOfIssuer>TRUIST FINANCIAL CORPORATION</nameOfIssuer>
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    <nameOfIssuer>UNION PACIFIC CORP.</nameOfIssuer>
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    <nameOfIssuer>UNITEDHEALTH GROUP INC.</nameOfIssuer>
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    <nameOfIssuer>UNITED PARCEL SERVICE</nameOfIssuer>
    <titleOfClass>Common Stock</titleOfClass>
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      <Sole>26811</Sole>
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    <nameOfIssuer>UNITED RENTALS INC</nameOfIssuer>
    <titleOfClass>Common Stock</titleOfClass>
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    <nameOfIssuer>VANGUARD EMERGING MARKETS ETF</nameOfIssuer>
    <titleOfClass>Common Stock</titleOfClass>
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    <nameOfIssuer>VERIZON COMMUNICATIONS</nameOfIssuer>
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    <nameOfIssuer>VIACOMCBS INC.</nameOfIssuer>
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    <nameOfIssuer>VISA INC.</nameOfIssuer>
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    <nameOfIssuer>WATERS CORP</nameOfIssuer>
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    <votingAuthority>
      <Sole>43067</Sole>
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      <None>0</None>
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</informationTable>
