President

0001631775-16-000008.txt : 20161114 0001631775-16-000008.hdr.sgml : 20161111 20161114135609 ACCESSION NUMBER: 0001631775-16-000008 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20160930 FILED AS OF DATE: 20161114 DATE AS OF CHANGE: 20161114 EFFECTIVENESS DATE: 20161114 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Godshalk Welsh Capital Management, Inc. CENTRAL INDEX KEY: 0001631775 IRS NUMBER: 232649919 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-16414 FILM NUMBER: 161993433 BUSINESS ADDRESS: STREET 1: 170 N. RADNOR CHESTER ROAD STREET 2: SUITE 100 CITY: RADNOR STATE: PA ZIP: 19087 BUSINESS PHONE: 610-971-0202 MAIL ADDRESS: STREET 1: 170 N. RADNOR CHESTER ROAD STREET 2: SUITE 100 CITY: RADNOR STATE: PA ZIP: 19087 13F-HR 1 primary_doc.xml 13F-HR LIVE false false false 0001631775 XXXXXXXX 09-30-2016 09-30-2016 Godshalk Welsh Capital Management, Inc.

170 N. RADNOR CHESTER ROAD SUITE 100 RADNOR PA 19087

13F HOLDINGS REPORT 028-16414 N Matthew W. Welsh President (610)-971-1079 Matthew W. 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0 5533 DuPont E I de Nemours COM 263534109 362 5400 SH SOLE 0 0 5400 eBay Inc COM 278642103 448 13625 SH SOLE 0 0 13625 Ecolab Inc COM 278865100 915 7520 SH SOLE 0 0 7520 Entree Gold Inc COM 29383G100 107 400000 SH SOLE 0 0 400000 Exelon Corporation COM 30161N101 266 8000 SH SOLE 0 0 8000 Express Scripts Holding Co COM 30219G108 966 13695 SH SOLE 0 0 13695 Exxon Mobil Corporation COM 30231G102 805 9222 SH SOLE 0 0 9222 General Electric COM 369604103 1671 56400 SH SOLE 0 0 56400 General Mills Inc COM 370334104 428 6700 SH SOLE 0 0 6700 Genuine Parts Co COM 372460105 344 3425 SH SOLE 0 0 3425 GlaxoSmithKline PLC ADR ADR 37733W105 932 21600 SH SOLE 0 0 21600 Globus Medical Inc COM 379577208 1775 78644 SH SOLE 0 0 78644 Golden Star Resources Ltd COM 38119T104 34 40000 SH SOLE 0 0 40000 Harris Corporation COM 413875105 688 7510 SH SOLE 0 0 7510 Hershey Company COM 427866108 249 2600 SH SOLE 0 0 2600 Home Depot COM 437076102 1506 11706 SH SOLE 0 0 11706 IdaCorp Incorporated COM 451107106 574 7336 SH SOLE 0 0 7336 Intel Corp COM 458140100 428 11350 SH SOLE 0 0 11350 Intl Business Machines COM 459200101 874 5500 SH SOLE 0 0 5500 Intuit Inc COM 461202103 1573 14295 SH SOLE 0 0 14295 iShares 3-7 Yr Treasury ETF 464288661 259 2046 SH SOLE 0 0 2046 iShares Barclays 1-3 Yr US Cre ETF 464288646 568 5375 SH SOLE 0 0 5375 iShares MSCI EmergMkt Min Vol ETF 464286533 351 6500 SH SOLE 0 0 6500 iShares Russell 2000 Index ETF 464287655 1972 15878 SH SOLE 0 0 15878 Johnson & Johnson COM 478160104 2014 17050 SH SOLE 0 0 17050 JPMorgan Chase & Co COM 46625H100 604 9067 SH SOLE 0 0 9067 Kimberly-Clark Corp COM 494368103 358 2837 SH SOLE 0 0 2837 Legg Mason Inc COM 524901105 206 6150 SH SOLE 0 0 6150 Lockheed Martin COM 539830109 360 1500 SH SOLE 0 0 1500 Lowes Companies Inc COM 548661107 1065 14750 SH SOLE 0 0 14750 Masco Corp COM 574599106 544 15850 SH SOLE 0 0 15850 McDonalds Corp COM 580135101 618 5360 SH SOLE 0 0 5360 McKesson Corp COM 58155Q103 479 2875 SH SOLE 0 0 2875 Medtronic PLC 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COM 59156R108 1086 24450 SH SOLE 0 0 24450 Microsoft Corporation COM 594918104 2801 48625 SH SOLE 0 0 48625 Mondelez Intl Inc Cl A COM 609207105 1146 26100 SH SOLE 0 0 26100 NextEra Energy Inc COM 65339F101 465 3800 SH SOLE 0 0 3800 Nordstrom Inc COM 655664100 236 4550 SH SOLE 0 0 4550 Oracle Corp COM 68389X105 1228 31250 SH SOLE 0 0 31250 Patterson Companies COM 703395103 789 17175 SH SOLE 0 0 17175 Paychex Inc COM 704326107 1778 30720 SH SOLE 0 0 30720 PayPal Holdings Inc COM 70450Y103 977 23850 SH SOLE 0 0 23850 Pepsico Inc COM 713448108 1381 12700 SH SOLE 0 0 12700 Pfizer Inc COM 717081103 986 29125 SH SOLE 0 0 29125 Philip Morris International COM 718172109 379 3900 SH SOLE 0 0 3900 Phillips 66 COM 718546104 574 7125 SH SOLE 0 0 7125 PowerShares Preferred Portfoli ETF 73936T565 2260 149400 SH SOLE 0 0 149400 PowerShares QQQ Trust ETF 73935A104 214 1800 SH SOLE 0 0 1800 PPL Corp COM 69351T106 460 13310 SH SOLE 0 0 13310 Procter & Gamble COM 742718109 1923 21430 SH SOLE 0 0 21430 Quest Diagnostic Inc COM 74834L100 495 5850 SH SOLE 0 0 5850 Raytheon Company COM 755111507 252 1850 SH SOLE 0 0 1850 Royal Dutch Shell A ADR ADR 780259206 235 4700 SH SOLE 0 0 4700 RPM International COM 749685103 696 12955 SH SOLE 0 0 12955 Schlumberger Ltd COM 806857108 565 7180 SH SOLE 0 0 7180 Scotts Miracle-Gro Co COM 810186106 643 7725 SH SOLE 0 0 7725 Southern Company COM 842587107 200 3900 SH SOLE 0 0 3900 SPDR S&P 500 ETF 78462F103 481 2223 SH SOLE 0 0 2223 Starbucks Corp COM 855244109 725 13400 SH SOLE 0 0 13400 Stericycle Inc COM 858912108 363 4525 SH SOLE 0 0 4525 Sysco Corporation COM 871829107 1557 31770 SH SOLE 0 0 31770 Target Corporation COM 87612E110 699 10175 SH SOLE 0 0 10175 U S Bancorp COM 902973304 257 6000 SH SOLE 0 0 6000 UGI Corporation COM 902681105 326 7200 SH SOLE 0 0 7200 United Parcel Service Inc COM 911312106 850 7770 SH SOLE 0 0 7770 United Technologies Corp COM 913017109 893 8785 SH SOLE 0 0 8785 UnitedHealth Group Inc COM 91324P102 566 4045 SH SOLE 0 0 4045 V F Corporation COM 918204108 524 9350 SH SOLE 0 0 9350 Valero Energy Corp COM 91913Y100 207 3900 SH SOLE 0 0 3900 Vanguard Div Appreciation ETF 921908844 849 10116 SH SOLE 0 0 10116 Vanguard Short Term Bond Index ETF 921937827 647 8000 SH SOLE 0 0 8000 Verizon Communications COM 92343V104 1573 30262 SH SOLE 0 0 30262 Vgd Int Term Bond Index Fund ETF 921937819 616 7025 SH SOLE 0 0 7025 Viacom Inc Cl B COM 92553P201 309 8100 SH SOLE 0 0 8100 Visa Inc COM 92826C839 496 6000 SH SOLE 0 0 6000 Wal-Mart Stores Inc COM 931142103 359 4980 SH SOLE 0 0 4980 Waste Management Inc COM 94106L109 977 15320 SH SOLE 0 0 15320 WEC Energy Group COM 92939U106 207 3450 SH SOLE 0 0 3450 Wells Fargo & Company COM 949746101 390 8800 SH SOLE 0 0 8800 Williams Companies COM 969457100 244 7950 SH SOLE 0 0 7950 Yum! 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