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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
3M Co. COM 88579y101   261,800 2,183 SH   SOLE   0 0 2,183
AMBAC Financial Group COM 023139884   244,160 14,000 SH   SOLE   0 0 14,000
AT&T Inc. COM 00206R102   19,754,794 1,073,047 SH   SOLE   0 0 1,073,047
Abbott Laboratories COM 002824100   1,047,277 9,539 SH   SOLE   0 0 9,539
Abbvie Inc. COM 00287y109   1,647,234 10,193 SH   SOLE   0 0 10,193
Accenture PLC COM G1151C101   266,039 997 SH   SOLE   0 0 997
Agnico Eagle Mines Ltd. COM 008474108   831,840 16,000 SH   SOLE   0 0 16,000
Allegheny Technologies Inc. COM 01741r102   36,374,676 1,218,174 SH   SOLE   0 0 1,218,174
Alliant Energy Corp. COM 018802108   527,145 9,548 SH   SOLE   0 0 9,548
Allison Transmission Holdings, COM 01973r101   11,992,805 288,289 SH   SOLE   0 0 288,289
Alphabet Inc. Cl A COM 02079k305   487,030 5,520 SH   SOLE   0 0 5,520
Alphabet Inc. Cl C COM 02079k107   1,706,278 19,230 SH   SOLE   0 0 19,230
Altria Group Inc. COM 02209S103   815,247 17,835 SH   SOLE   0 0 17,835
Amazon Inc. COM 023135106   671,160 7,990 SH   SOLE   0 0 7,990
America Movil Sab ADR COM 02364w105   910,000 50,000 SH   SOLE   0 0 50,000
Amgen Inc. COM 031162100   209,324 797 SH   SOLE   0 0 797
Ansys Inc. COM 03662q105   226,611 938 SH   SOLE   0 0 938
Apple Inc. COM 037833100   6,458,297 49,706 SH   SOLE   0 0 49,706
BCE Inc. COM 05534B760   409,526 9,318 SH   SOLE   0 0 9,318
BP PLC COM 055622104   406,747 11,645 SH   SOLE   0 0 11,645
Bald Eagle Energy COM 057690109   0 14,000 SH   SOLE   0 0 14,000
Bank Montreal COM 063671101   293,182 3,236 SH   SOLE   0 0 3,236
Bank of America Corp. COM 060505104   11,151,685 336,705 SH   SOLE   0 0 336,705
Berkley W R Corp. COM 084423102   2,637,847 36,349 SH   SOLE   0 0 36,349
Berkshire Hathaway Cl B COM 084670702   1,132,427 3,666 SH   SOLE   0 0 3,666
Boeing Co. COM 097023105   23,502,678 123,380 SH   SOLE   0 0 123,380
Bristol-Myers Squibb Corp. COM 110122108   21,572,782 299,830 SH   SOLE   0 0 299,830
Caterpillar Inc. COM 149123101   498,654 2,082 SH   SOLE   0 0 2,082
Chevron Corp. COM 166764100   1,623,988 9,048 SH   SOLE   0 0 9,048
Cisco Systems Inc. COM 17275r102   12,977,843 272,415 SH   SOLE   0 0 272,415
Citigroup Inc. COM 172967424   21,880,705 483,765 SH   SOLE   0 0 483,765
Coastalsouth Bancshares, Inc. COM 19058x207   629,412 37,046 SH   SOLE   0 0 37,046
Coca Cola Co. COM 191216100   604,192 9,498 SH   SOLE   0 0 9,498
Colgate-Palmolive Co. COM 194162103   392,926 4,987 SH   SOLE   0 0 4,987
Comcast Corp. Cl A COM 20030n101   6,129,674 175,284 SH   SOLE   0 0 175,284
ConocoPhillips COM 20825c104   376,656 3,192 SH   SOLE   0 0 3,192
Contra America Movil COM 023CNT017   0 50,000 SH   SOLE   0 0 50,000
Costco Wholesale Corp. COM 22160k105   388,938 852 SH   SOLE   0 0 852
Coterra Energy Inc. COM 127097103   7,169,094 291,782 SH   SOLE   0 0 291,782
Crowdstrike Holdings Inc. COM 22788c105   211,633 2,010 SH   SOLE   0 0 2,010
DNP Select Income Fund COM 23325p104   191,250 17,000 SH   SOLE   0 0 17,000
Deere & Co. COM 244199105   541,095 1,262 SH   SOLE   0 0 1,262
Dow Inc. COM 260557103   12,941,945 256,836 SH   SOLE   0 0 256,836
Duke Energy Corp. COM 26441c204   590,133 5,730 SH   SOLE   0 0 5,730
Eaton Corp. COM g29183103   486,545 3,100 SH   SOLE   0 0 3,100
Eli Lilly & Co. COM 532457108   2,245,892 6,139 SH   SOLE   0 0 6,139
Emerson Electric Co. COM 291011104   602,488 6,272 SH   SOLE   0 0 6,272
Essent Group Ltd. COM G3198U102   375,231 9,651 SH   SOLE   0 0 9,651
Exxon Mobil Corp. COM 30231g102   3,900,015 35,358 SH   SOLE   0 0 35,358
Fastenal Co. COM 311900104   1,229,610 25,985 SH   SOLE   0 0 25,985
Fidelity National Information COM 31620m106   587,988 8,666 SH   SOLE   0 0 8,666
Fiserv Inc. COM 337738108   4,888,048 48,363 SH   SOLE   0 0 48,363
Flowserve Corp. COM 34354p105   11,104,387 361,942 SH   SOLE   0 0 361,942
Ford Motor Co. COM 345370860   429,008 36,888 SH   SOLE   0 0 36,888
Gates Industrial Corp. COM g39108108   6,866,606 601,806 SH   SOLE   0 0 601,806
General Electric Co. COM 369604301   468,805 5,595 SH   SOLE   0 0 5,595
General Mills Inc. COM 370334104   211,637 2,524 SH   SOLE   0 0 2,524
General Motors Co. COM 37045v100   6,418,151 190,789 SH   SOLE   0 0 190,789
Goodyear Tire & Rubber COM 382550101   8,391,766 826,775 SH   SOLE   0 0 826,775
HanesBrands Inc. COM 410345102   12,121,368 1,905,876 SH   SOLE   0 0 1,905,876
Helmerich & Payne Inc. COM 423452101   644,410 13,000 SH   SOLE   0 0 13,000
Hershey Co. COM 427866108   362,870 1,567 SH   SOLE   0 0 1,567
Home Depot Inc. COM 437076102   540,941 1,713 SH   SOLE   0 0 1,713
Honeywell Inc. COM 438516106   223,943 1,045 SH   SOLE   0 0 1,045
IBM Corp. COM 459200101   14,501,285 102,926 SH   SOLE   0 0 102,926
Intel Corp. COM 458140100   1,036,629 39,222 SH   SOLE   0 0 39,222
International Paper Co. COM 460146103   2,463,924 71,150 SH   SOLE   0 0 71,150
JP Morgan Chase & Co. COM 46625H100   1,989,892 14,839 SH   SOLE   0 0 14,839
Johnson & Johnson COM 478160104   1,030,514 5,834 SH   SOLE   0 0 5,834
Johnson Controls Intl. COM g51502105   2,514,624 39,291 SH   SOLE   0 0 39,291
Kellogg Co. COM 487836108   361,236 5,071 SH   SOLE   0 0 5,071
Kimberly-Clark Corp. COM 494368103   591,463 4,357 SH   SOLE   0 0 4,357
Kinder Morgan Inc. COM 49456b101   22,092,997 1,221,958 SH   SOLE   0 0 1,221,958
Kohls Corp. COM 500255104   1,627,263 64,446 SH   SOLE   0 0 64,446
Lockheed Martin Corp. COM 539830109   538,589 1,107 SH   SOLE   0 0 1,107
LyondellBasell Industries COM N53745100   211,145 2,543 SH   SOLE   0 0 2,543
MGE Energy Inc. COM 55277p104   913,440 12,975 SH   SOLE   0 0 12,975
MGIC Investment Corp. COM 552848103   3,666,936 282,072 SH   SOLE   0 0 282,072
Malachite Innovations Com COM 56089m107   13,320 74,000 SH   SOLE   0 0 74,000
Mastercard Inc. COM 57636q104   256,972 739 SH   SOLE   0 0 739
McDonalds Corp. COM 580135101   1,085,211 4,118 SH   SOLE   0 0 4,118
Medtronic PLC COM G5960L103   6,579,542 84,657 SH   SOLE   0 0 84,657
Merck & Co. Inc. COM 58933Y105   8,369,633 75,436 SH   SOLE   0 0 75,436
MetLife Inc. COM 59156R108   337,570 4,665 SH   SOLE   0 0 4,665
Microsoft Corp. COM 594918104   2,565,982 10,700 SH   SOLE   0 0 10,700
Mondelez International Inc. COM 609207105   810,064 12,154 SH   SOLE   0 0 12,154
Morgan Stanley COM 617446448   488,610 5,747 SH   SOLE   0 0 5,747
NVIDIA Corp. COM 67066g104   1,636,227 11,196 SH   SOLE   0 0 11,196
Nano Dimension Ltd. COM 63008g203   23,000 10,000 SH   SOLE   0 0 10,000
National Instrs Corp. COM 636518102   7,302,805 197,908 SH   SOLE   0 0 197,908
Newmont Corp. COM 651639106   11,598,396 245,729 SH   SOLE   0 0 245,729
Nokia Corp. COM 654902204   57,462 12,384 SH   SOLE   0 0 12,384
Norfolk Southern Corp. COM 655844108   458,834 1,862 SH   SOLE   0 0 1,862
OPKO Health Inc. COM 68375n103   12,500 10,000 SH   SOLE   0 0 10,000
Occidental Petroleum Corp. COM 674599105   301,058 4,779 SH   SOLE   0 0 4,779
Operaadora De Sites Mexicanos, COM P7369E102   72,550 74,000 SH   SOLE   0 0 74,000
Options Media Group Hldgs. COM 684008105   0 20,000 SH   SOLE   0 0 20,000
Oracle Corp. COM 68389x105   18,941,477 231,728 SH   SOLE   0 0 231,728
Orion Energy System Inc. COM 686275108   36,400 20,000 SH   SOLE   0 0 20,000
PepsiCo Inc. COM 713448108   1,711,287 9,472 SH   SOLE   0 0 9,472
Pfizer Inc. COM 717081103   1,717,189 33,513 SH   SOLE   0 0 33,513
Philip Morris International In COM 718172109   1,519,668 15,015 SH   SOLE   0 0 15,015
Phillips 66 COM 718546104   274,477 2,637 SH   SOLE   0 0 2,637
Procter & Gamble Co. COM 742718109   1,374,704 9,070 SH   SOLE   0 0 9,070
Raytheon Technologies Inc. COM 75513E101   246,067 2,438 SH   SOLE   0 0 2,438
Reynolds Consumer Products COM 76171l106   7,036,184 234,696 SH   SOLE   0 0 234,696
Rockwell Automation, Inc. COM 773903109   252,676 981 SH   SOLE   0 0 981
Ross Stores Inc. COM 778296103   8,580,010 73,921 SH   SOLE   0 0 73,921
Schlumberger Ltd. COM 806857108   531,499 9,942 SH   SOLE   0 0 9,942
Sorento Therapeutics COM 83587f202   17,720 20,000 SH   SOLE   0 0 20,000
Southwest Airlines Co. COM 844741108   298,990 8,880 SH   SOLE   0 0 8,880
Spooz Inc. COM 84915Q100   460 1,535,000 SH   SOLE   0 0 1,535,000
Starbucks Corp. COM 855244109   220,483 2,223 SH   SOLE   0 0 2,223
Target Corp. COM 87612e106   287,498 1,929 SH   SOLE   0 0 1,929
Tellurian Inc. COM 87968a104   38,640 23,000 SH   SOLE   0 0 23,000
Tesla Inc. COM 88160r101   680,939 5,528 SH   SOLE   0 0 5,528
Texas Instruments Inc. COM 882508104   405,870 2,457 SH   SOLE   0 0 2,457
The Walt Disney Co. COM 254687106   7,234,313 83,268 SH   SOLE   0 0 83,268
US BanCorp. COM 902973304   5,961,923 136,710 SH   SOLE   0 0 136,710
US Silica Holdings, Inc. COM 90346e103   125,000 10,000 SH   SOLE   0 0 10,000
Union Pacific Corp. COM 907818108   4,183,021 20,201 SH   SOLE   0 0 20,201
UnitedHealth Group Inc. COM 91324P102   1,778,754 3,355 SH   SOLE   0 0 3,355
Unrivaled Brands Inc. COM 91532e105   532 38,000 SH   SOLE   0 0 38,000
VF Corp. COM 918204108   586,830 21,254 SH   SOLE   0 0 21,254
Verizon Communications COM 92343v104   16,765,035 425,508 SH   SOLE   0 0 425,508
Visa Inc. COM 92826c839   832,494 4,007 SH   SOLE   0 0 4,007
Vuzix Corp. COM 92921w300   83,720 23,000 SH   SOLE   0 0 23,000
WEC Energy Group Inc. COM 92939u106   4,036,289 43,049 SH   SOLE   0 0 43,049
Walgreens Boots Alliance Inc. COM 931427108   17,909,180 479,368 SH   SOLE   0 0 479,368
Wells Fargo & Co. COM 949746101   17,425,509 422,027 SH   SOLE   0 0 422,027
Xcel Energy Inc. COM 98389b100   830,803 11,850 SH   SOLE   0 0 11,850