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
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 Common Stock 88579Y101 5,464 30,600 SH   SOLE   30,600 0 0
ABBOTT LABS Common Stock 002824100 2,145 55,850 SH   SOLE   55,850 0 0
ABBVIE INC. Common Stock 00287Y109 3,525 56,300 SH   SOLE   56,300 0 0
AIR PRODUCTS & CHEMICALS Common Stock 009158106 611 4,250 SH   SOLE   4,250 0 0
ALLERGAN, INC. Common Stock G0177J108 1,156 5,508 SH   SOLE   5,508 0 0
ALPHABET INC. CLASS A Common Stock 02079K305 587 742 SH   SOLE   742 0 0
ALPHABET INC. CLASS C Common Stock 02079K107 711 922 SH   SOLE   922 0 0
ALTRIA GROUP INC. Common Stock 02209S103 865 12,800 SH   SOLE   12,800 0 0
AMERICAN EXPRESS CO. Common Stock 025816109 1,149 15,514 SH   SOLE   15,514 0 0
AMERICAN FUNDAMENTAL INVESTORS CL A Common Stock 360802102 739 13,576 SH   SOLE   13,576 0 0
AMGEN INC. Common Stock 031162100 4,774 32,655 SH   SOLE   32,655 0 0
APPLE INC. Common Stock 037833100 48,028 414,683 SH   SOLE   414,683 0 0
BAKER HUGHES, INC. Common Stock 057224107 1,312 20,200 SH   SOLE   20,200 0 0
BANK OF NY MELLON CORP Common Stock 064058100 971 20,500 SH   SOLE   20,500 0 0
BANK OF AMERICA CORP Common Stock 060505104 386 17,487 SH   SOLE   17,487 0 0
BAXTER INTERNATIONAL INC. Common Stock 071813109 1,591 35,900 SH   SOLE   35,900 0 0
BERKSHIRE HATHAWAY INC. CL. B Common Stock 084670702 2,977 18,270 SH   SOLE   18,270 0 0
BLACKROCK, INC. Common Stock 09247X101 227 599 SH   SOLE   599 0 0
BOEING COMPANY Common Stock 097023105 5,345 34,335 SH   SOLE   34,335 0 0
BRISTOL-MYERS SQUIBB CO. Common Stock 110122108 2,893 49,520 SH   SOLE   49,520 0 0
CVS HEALTH CORP. Common Stock 126650100 475 6,020 SH   SOLE   6,020 0 0
CHEVRON CORP. Common Stock 166764100 564 4,800 SH   SOLE   4,800 0 0
CISCO SYSTEMS INC. Common Stock 17275R102 725 24,000 SH   SOLE   24,000 0 0
CITIGROUP INC. Common Stock 172967424 769 12,950 SH   SOLE   12,950 0 0
COCA COLA COMP. Common Stock 191216100 2,314 55,827 SH   SOLE   55,827 0 0
COLGATE-PALMOLIVE Common Stock 194162103 3,134 47,900 SH   SOLE   47,900 0 0
CONOCO PHILLIPS Common Stock 20825C104 438 8,750 SH   SOLE   8,750 0 0
CORNING INC. Common Stock 219350105 616 25,400 SH   SOLE   25,400 0 0
COSTCO WHOLESALE CORP. Common Stock 22160K105 592 3,700 SH   SOLE   3,700 0 0
DEERE CO. Common Stock 244199105 680 6,600 SH   SOLE   6,600 0 0
DEVON ENERGY CORP. Common Stock 25179M103 520 11,400 SH   SOLE   11,400 0 0
DIAGEO PLC ADR Common Stock 25243Q205 758 7,300 SH   SOLE   7,300 0 0
DISNEY (WALT) CO. Common Stock 254687106 5,316 51,013 SH   SOLE   51,013 0 0
DOMINION RESOURCES, INC. Common Stock 25746U109 421 5,500 SH   SOLE   5,500 0 0
DOVER CORP Common Stock 260003108 1,738 23,200 SH   SOLE   23,200 0 0
DUPONT DE NEMOURS E.I. Common Stock 263534109 1,724 23,500 SH   SOLE   23,500 0 0
EMERSON ELEC CO. Common Stock 291011104 2,921 52,400 SH   SOLE   52,400 0 0
EXXON MOBIL CORP. Common Stock 30231G102 6,956 77,075 SH   SOLE   77,075 0 0
FEDEX CORP Common Stock 31428X106 1,489 8,000 SH   SOLE   8,000 0 0
FREEPORT-MCMORAN INC. Common Stock 35671D857 194 14,774 SH   SOLE   14,774 0 0
GENERAL ELECTRIC Common Stock 369604103 4,154 131,469 SH   SOLE   131,469 0 0
GOLDMAN SACHS GROUP INC. Common Stock 38141G104 1,017 4,250 SH   SOLE   4,250 0 0
HALLIBURTON COMPANY Common Stock 406216101 1,422 26,300 SH   SOLE   26,300 0 0
HOME DEPOT INC. Common Stock 437076102 1,634 12,187 SH   SOLE   12,187 0 0
HONEYWELL INTL INC. Common Stock 438516106 6,003 51,825 SH   SOLE   51,825 0 0
HOWARD HUGHES CORP Common Stock 44267D107 3,351 29,370 SH   SOLE   29,370 0 0
IBM CORPORATION Common Stock 459200101 3,591 21,636 SH   SOLE   21,636 0 0
INTEL CORP. Common Stock 458140100 1,146 31,600 SH   SOLE   31,600 0 0
JP MORGAN CHASE & CO. Common Stock 46625H100 5,637 65,330 SH   SOLE   65,330 0 0
JOHNSON & JOHNSON Common Stock 478160104 11,156 96,833 SH   SOLE   96,833 0 0
KIMBERLY CLARK Common Stock 494368103 1,038 9,100 SH   SOLE   9,100 0 0
L-3 COMMUNICATIONS Common Stock 502424104 1,203 7,915 SH   SOLE   7,915 0 0
LOWES COMPANIES INC. Common Stock 548661107 981 13,800 SH   SOLE   13,800 0 0
MC DONALD'S CORPORATION Common Stock 580135101 2,799 23,000 SH   SOLE   23,000 0 0
MICROSOFT CORPORATION Common Stock 594918104 4,041 65,038 SH   SOLE   65,038 0 0
MONDELEZ INTERNATIONAL, INC. Common Stock 609207105 288 6,500 SH   SOLE   6,500 0 0
MORGAN STANLEY Common Stock 617446448 234 5,550 SH   SOLE   5,550 0 0
NIKE INC. Common Stock 654106103 3,558 70,000 SH   SOLE   70,000 0 0
NORFOLK SOUTHERN CORP. Common Stock 655844108 2,096 19,400 SH   SOLE   19,400 0 0
NOVARTIS ADR Common Stock 66987V109 1,624 22,300 SH   SOLE   22,300 0 0
ORACLE CORPORATION Common Stock 68389X105 2,364 61,500 SH   SOLE   61,500 0 0
PEPSICO Common Stock 713448108 2,469 23,600 SH   SOLE   23,600 0 0
PFIZER Common Stock 717081103 922 28,400 SH   SOLE   28,400 0 0
PHILIP MORRIS INTERNATIONAL Common Stock 718172109 1,207 13,200 SH   SOLE   13,200 0 0
PLATFORM SPECIALTY PRODUCTS Common Stock 72766Q105 1,018 103,775 SH   SOLE   103,775 0 0
PROCTER & GAMBLE CO. Common Stock 742718109 7,593 90,310 SH   SOLE   90,310 0 0
QUALCOMM INC. Common Stock 747525103 2,764 42,400 SH   SOLE   42,400 0 0
SCHLUMBERGER LIMITED Common Stock 806857108 3,452 41,123 SH   SOLE   41,123 0 0
STRYKER CORPORATION Common Stock 863667101 359 3,000 SH   SOLE   3,000 0 0
SUNTRUST BANKS INC. Common Stock 867914103 246 4,500 SH   SOLE   4,500 0 0
THE KRAFT HEINZ COMPANY Common Stock 500754106 532 6,100 SH   SOLE   6,100 0 0
UNION PACIFIC CORP. Common Stock 907818108 1,674 16,150 SH   SOLE   16,150 0 0
UNITED HEALTHCARE CORP. Common Stock 910581107 222 1,389 SH   SOLE   1,389 0 0
UNITED PARCEL SERVICE Common Stock 911312106 3,715 32,411 SH   SOLE   32,411 0 0
VERIZON COMMUNICATIONS Common Stock 92343V104 1,781 33,373 SH   SOLE   33,373 0 0
VODAFONE GROUP PLC ADR Common Stock 92857W308 473 19,385 SH   SOLE   19,385 0 0
WATERS CORP Common Stock 941848103 7,566 56,300 SH   SOLE   56,300 0 0
WATTS WATER TECH INC. Common Stock 942749102 1,577 24,196 SH   SOLE   24,196 0 0
WELLS FARGO & CO. Common Stock 949746101 1,399 25,400 SH   SOLE   25,400 0 0