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
1/100 BERKSHIRE HTWY COMMON 084990175 846,120 300 SH   SOLE   300 0 0
3M CO. COMMON 88579Y101 22,283,458 113,275 SH   SOLE 1 88,392 0 24,883
A T & T INC (NEW) COMMON 00206R102 5,967,358 185,841 SH   SOLE 1 140,963 0 44,878
ABBOTT LABS COMMON 002824100 2,644,770 43,364 SH   SOLE 1 32,640 0 10,724
ABBVIE INC COMMON 00287Y109 2,904,114 31,345 SH   SOLE 1 25,340 0 6,005
ACCENTURE PLC COMMON G1151C101 20,641,950 126,181 SH   SOLE 1 81,410 0 44,771
ADOBE SYS INC COMMON 00724F101 877,716 3,600 SH   SOLE 1 3,500 0 100
AETNA INC COMMON 00817Y108 4,608,970 25,117 SH   SOLE 1 19,545 0 5,572
AIR PRODS & CHEMS INC COMMON 009158106 5,231,749 33,595 SH   SOLE 1 28,176 0 5,419
ALLETE INC NEW COMMON 018522300 314,672 4,065 SH   SOLE 1 3,732 0 333
ALPHABET CLASS A COMMON 02079K305 12,511,425 11,080 SH   SOLE 1 7,736 0 3,344
ALPHABET CLASS C COMMON 02079K107 18,822,127 16,871 SH   SOLE 1 12,227 0 4,644
ALTRIA GROUP INC COMMON 02209S103 1,244,212 21,909 SH   SOLE 1 20,095 0 1,814
AMAZON COM INC COMMON 023135106 1,460,128 859 SH   SOLE 1 744 0 115
AMERICAN EXPRESS CO. COMMON 025816109 1,283,800 13,100 SH   SOLE 1 10,390 0 2,710
AMERICAN WTR WKS CO I COMMON 030420103 230,526 2,700 SH   SOLE   2,700 0 0
AMGEN INC COMMON 031162100 1,493,702 8,092 SH   SOLE 1 6,607 0 1,485
ANADARKO PETROLEUM COMMON 032511107 3,867,234 52,795 SH   SOLE 1 40,010 0 12,785
APPLE INC COMMON 037833100 25,639,586 138,510 SH   SOLE 1 110,424 0 28,086
AQUA AMERICA INC COMMON 03836W103 732,168 20,812 SH   SOLE 1 17,223 0 3,589
ATLAS CLOUD ENTERPRIS COMMON 049237100 1,848 10,869 SH   SOLE   10,869 0 0
AUTOMATIC DATA PROCES COMMON 053015103 3,165,033 23,595 SH   SOLE 1 14,180 0 9,415
AVERY DENNISON CORP COMMON 053611109 255,250 2,500 SH   SOLE 1 1,500 0 1,000
BAXTER INTERNATIONAL COMMON 071813109 1,061,745 14,379 SH   SOLE 1 14,379 0 0
BB&T CORP COMMON 054937107 14,684,496 291,128 SH   SOLE 1 212,540 0 78,588
BECTON DICKINSON & CO COMMON 075887109 22,625,723 94,447 SH   SOLE 1 65,880 0 28,567
BERKSHIRE HATHAWAY IN COMMON 084670702 3,558,109 19,063 SH   SOLE 1 17,532 0 1,531
BERKSHIRE HATHAWAY IN COMMON 084670108 282,040 1 SH   SOLE 1 1 0 0
BLACKROCK INC COMMON 09247X101 266,487 534 SH   SOLE   365 0 169
BLACKSTONE GROUP LP COMMON 09253U108 5,160,390 160,410 SH   SOLE 1 113,110 0 47,300
BOEING CO. COMMON 097023105 637,805 1,901 SH   SOLE 1 1,801 0 100
BP PLC ADR COMMON 055622104 935,538 20,489 SH   SOLE 1 20,489 0 0
BRISTOL MYERS SQUIBB COMMON 110122108 7,196,634 130,044 SH   SOLE 1 95,629 0 34,415
BRYN MAWR BANK CORP COMMON 117665109 407,162 8,794 SH   SOLE   2,000 0 6,794
CAMPBELL SOUP CO COMMON 134429109 713,504 17,600 SH   SOLE 1 17,600 0 0
CARNIVAL CORP COMMON 143658300 15,803,920 275,762 SH   SOLE 1 202,432 0 73,330
CATERPILLAR INC COMMON 149123101 2,685,452 19,794 SH   SOLE 1 16,419 0 3,375
CELGENE CORP COMMON 151020104 452,853 5,702 SH   SOLE 1 5,602 0 100
CHECK POINT SOFTWARE COMMON M22465104 5,683,120 58,181 SH   SOLE 1 42,596 0 15,585
CHEVRON CORP COMMON 166764100 14,327,427 113,323 SH   SOLE 1 88,610 0 24,713
CHUBB LIMITED COMMON H1467J104 239,052 1,882 SH   SOLE 1 240 0 1,642
CISCO SYSTEMS INC COMMON 17275R102 977,469 22,716 SH   SOLE 1 13,774 0 8,942
CLEAN ENERGY FUELS CO COMMON 184499101 47,878 12,975 SH   SOLE   0 0 12,975
COCA COLA CO. COMMON 191216100 4,923,285 112,250 SH   SOLE 1 95,225 0 17,025
COGNIZANT TECHNOLOGY COMMON 192446102 13,978,149 176,961 SH   SOLE 1 133,609 0 43,352
COLGATE PALMOLIVE CO COMMON 194162103 4,655,237 71,829 SH   SOLE 1 51,654 0 20,175
COMCAST CORP NEW CL A COMMON 20030N101 5,923,290 180,533 SH   SOLE 1 123,998 0 56,535
COMERICA INC COMMON 200340107 865,558 9,520 SH   SOLE 1 7,100 0 2,420
COMMSCOPE HLDG CO INC COMMON 20337X109 2,056,324 70,410 SH   SOLE 1 51,160 0 19,250
CONCHO RES INC COMMON 20605P101 263,557 1,905 SH   SOLE   1,905 0 0
CONOCOPHILLIPS COMMON 20825C104 1,688,912 24,259 SH   SOLE 1 21,693 0 2,566
CONSOLIDATED EDISON I COMMON 209115104 216,862 2,781 SH   SOLE 1 875 0 1,906
CORNING INC COMMON 219350105 1,308,045 47,548 SH   SOLE 1 47,548 0 0
COSTCO WHOLESALE COMMON 22160K105 1,677,691 8,028 SH   SOLE 1 3,678 0 4,350
CULLEN FROST BANKERS COMMON 229899109 4,930,873 45,555 SH   SOLE 1 27,360 0 18,195
CVS HEALTH CORP. COMMON 126650100 10,040,513 156,030 SH   SOLE 1 103,238 0 52,792
DANAHER CORP COMMON 235851102 7,130,321 72,257 SH   SOLE 1 45,857 0 26,400
DEERE & CO. COMMON 244199105 279,600 2,000 SH   SOLE   2,000 0 0
DENTSPLY SIRONA INC COMMON 24906P109 2,858,662 65,311 SH   SOLE 1 38,567 0 26,744
DIAGEO PLC COMMON 25243Q205 12,647,534 87,824 SH   SOLE 1 64,799 0 23,025
DIAMONDBACK ENERGY IN COMMON 25278X109 271,034 2,060 SH   SOLE   2,060 0 0
DIGITAL REALTY TRUST COMMON 253868103 14,720,303 131,926 SH   SOLE 1 98,131 0 33,795
DISNEY WALT COMPANY COMMON 254687106 10,874,771 103,757 SH   SOLE 1 79,162 0 24,595
DODGE & COX BALANCED MUTUAL 256201104 248,587 2,373 SH   SOLE   2,373 0 0
DOMINION RES INC VA COMMON 25746U109 744,867 10,925 SH   SOLE 1 9,125 0 1,800
DOWDUPONT INC COM COMMON 26078J100 16,049,279 243,466 SH   SOLE 1 196,977 0 46,489
DUKE ENERGY CORPORATI COMMON 26441C204 356,255 4,505 SH   SOLE 1 3,705 0 800
EASTMAN CHEMICAL CO COMMON 277432100 245,902 2,460 SH   SOLE 1 2,460 0 0
EATON VANCE NATL MUNS MUTUAL 27826L249 105,530 10,835 SH   SOLE   10,835 0 0
ECOLAB INC COMMON 278865100 805,494 5,740 SH   SOLE   5,740 0 0
EMERSON ELECTRIC CO COMMON 291011104 6,575,283 95,101 SH   SOLE 1 72,967 0 22,134
ENBRIDGE INC COMMON 29250N105 7,076,256 198,270 SH   SOLE 1 131,579 0 66,691
ENTERPRISE PRODS PART COMMON 293792107 5,545,701 200,423 SH   SOLE 1 115,872 0 84,551
EVERSOURCE ENERGY COM COMMON 30040W108 205,252 3,502 SH   SOLE 1 2,040 0 1,462
EXPEDIA INC DEL COMMON 30212P303 3,342,484 27,810 SH   SOLE 1 21,895 0 5,915
EXXON MOBIL COMMON 30231G102 18,773,773 226,928 SH   SOLE 1 182,732 0 44,196
F M C CORP COM NEW COMMON 302491303 713,680 8,000 SH   SOLE   8,000 0 0
FACEBOOK INC CL/A COMMON 30303M102 8,473,518 43,606 SH   SOLE 1 25,766 0 17,840
FEDEX CORP COMMON 31428X106 14,175,129 62,429 SH   SOLE 1 43,433 0 18,996
FLEXTRONICS INTL LTD COMMON Y2573F102 255,320 18,095 SH   SOLE 1 18,095 0 0
FORTIVE CORP COMMON 34959J108 6,356,023 82,428 SH   SOLE 1 50,964 0 31,464
FORTUNE BRANDS HOME & COMMON 34964C106 3,351,437 62,422 SH   SOLE 1 56,262 0 6,160
FULTON FINL CORP PA COMMON 360271100 201,663 12,222 SH   SOLE   12,222 0 0
GENERAL ELECTRIC CO COMMON 369604103 4,830,938 354,955 SH   SOLE 1 308,318 0 46,637
GENERAL MILLS INC COMMON 370334104 1,407,468 31,800 SH   SOLE 1 29,600 0 2,200
GENESEE & WYO INC CL COMMON 371559105 415,545 5,110 SH   SOLE 1 950 0 4,160
GLAXOSMITHKLINE PLC COMMON 37733W105 889,521 22,067 SH   SOLE 1 21,067 0 1,000
GOLDMAN SACHS GROUP I COMMON 38141G104 2,404,213 10,900 SH   SOLE 1 7,520 0 3,380
GOLDMAN SACHS GROUP I PREFERR 38143Y665 3,111,878 133,100 SH   SOLE 1 119,300 0 13,800
GOLDMAN SACHS GROUP I PREFERR 38144G804 905,977 38,950 SH   SOLE 1 18,350 0 20,600
HALLIBURTON CO. COMMON 406216101 8,565,050 190,081 SH   SOLE 1 154,281 0 35,800
HD SUPPLY HLDGS INC COMMON 40416M105 1,215,932 28,350 SH   SOLE 1 14,050 0 14,300
HERSHEY FOODS CORP COMMON 427866108 962,427 10,342 SH   SOLE 1 5,042 0 5,300
HOME DEPOT INC COMMON 437076102 2,510,937 12,870 SH   SOLE 1 11,070 0 1,800
HONEYWELL INTL INC COMMON 438516106 1,102,991 7,657 SH   SOLE 1 3,247 0 4,410
ILLINOIS TOOL WORKS I COMMON 452308109 2,296,993 16,580 SH   SOLE 1 13,380 0 3,200
ILLUMINA INC COMMON 452327109 337,382 1,208 SH   SOLE 1 1,208 0 0
INGERSOLL-RAND PLC COMMON G47791101 293,866 3,275 SH   SOLE 1 3,275 0 0
INTEL CORP COMMON 458140100 5,102,085 102,637 SH   SOLE 1 74,049 0 28,588
INTERCONTINENTALEXCHA COMMON 45866F104 349,363 4,750 SH   SOLE 1 2,750 0 2,000
INT'L BUSINESS MACHIN COMMON 459200101 13,058,113 93,473 SH   SOLE 1 68,946 0 24,527
INVESCO LTD COMMON G491BT108 7,499,402 282,357 SH   SOLE 1 228,597 0 53,760
IQVIA HOLDINGS INC COMMON 46266C105 11,846,837 118,682 SH   SOLE 1 84,662 0 34,020
ISHARES TR S&P 500 IN MUTUAL 464287200 301,447 1,104 SH   SOLE   1,104 0 0
J P MORGAN CHASE & CO COMMON 46625H100 8,394,873 80,565 SH   SOLE 1 60,835 0 19,730
JACOBS ENGINEERING COMMON 469814107 9,274,175 146,073 SH   SOLE 1 111,453 0 34,620
JOHNSON & JOHNSON COMMON 478160104 25,440,311 209,661 SH   SOLE 1 170,140 0 39,521
JOHNSON CONTROLS INTL COMMON G51502105 346,408 10,356 SH   SOLE 1 10,356 0 0
KELLOGG CO. COMMON 487836108 4,526,738 64,788 SH   SOLE 1 53,523 0 11,265
KEYCORP COMMON 493267108 14,118,881 722,563 SH   SOLE 1 541,138 0 181,425
KIMBERLY CLARK CORP COMMON 494368103 2,290,829 21,747 SH   SOLE 1 21,747 0 0
KINDER MORGAN INC COMMON 49456B101 385,789 21,833 SH   SOLE 1 16,988 0 4,845
KONINKLIJKE PHILIPS E COMMON 500472303 245,081 5,798 SH   SOLE 1 4,213 0 1,585
KRAFT HEINZ COMPANY COMMON 500754106 592,267 9,428 SH   SOLE 1 8,762 0 666
KRAIG BIOCRAFT LABORA COMMON 50075W104 5,940 100,000 SH   SOLE 1 100,000 0 0
L3 TECHNOLOGIES INC COMMON 502413107 875,056 4,550 SH   SOLE 1 1,800 0 2,750
LEIDOS HLDGS INC COMMON 525327102 12,268,814 207,946 SH   SOLE 1 157,926 0 50,020
LENNAR CORP COMMON 526057104 10,356,465 197,266 SH   SOLE 1 151,121 0 46,145
LINCOLN NATL CORP COMMON 534187109 469,988 7,550 SH   SOLE 1 7,329 0 221
LORD ABBETT INVT TR S MUTUAL 543916464 50,429 12,064 SH   SOLE   12,064 0 0
LOWE'S COS INC COMMON 548661107 3,218,511 33,677 SH   SOLE 1 28,881 0 4,796
MAGELLAN MIDSTREAM PA COMMON 559080106 898,040 13,000 SH   SOLE 1 5,400 0 7,600
MARSH & MCLENNAN COS COMMON 571748102 327,880 4,000 SH   SOLE   0 0 4,000
MCCORMICK & CO INC CO COMMON 579780107 231,600 2,000 SH   SOLE   0 0 2,000
MCDONALD'S CORP COMMON 580135101 17,880,993 114,117 SH   SOLE 1 87,247 0 26,870
MEDTRONIC PLC COMMON G5960L103 8,739,069 102,080 SH   SOLE 1 67,285 0 34,795
MERCK & COMPANY COMMON 58933Y105 3,177,524 52,348 SH   SOLE 1 43,017 0 9,331
METLIFE INC PFD A FLT PREFERR 59156R504 2,807,961 110,724 SH   SOLE 1 83,999 0 26,725
MICROSOFT CORP COMMON 594918104 28,703,799 291,084 SH   SOLE 1 204,105 0 86,979
MONDELEZ INTL INC COMMON 609207105 2,469,102 60,222 SH   SOLE 1 46,433 0 13,789
MONGODB INC CL A COMMON 60937P106 229,489 4,624 SH   SOLE 1 4,624 0 0
NESTLE S A REG ADR COMMON 641069406 364,153 4,703 SH   SOLE   4,453 0 250
NEW JERSEY RES COMMON 646025106 205,850 4,600 SH   SOLE   4,200 0 400
NEXTERA ENERGY INC COMMON 65339F101 1,611,505 9,648 SH   SOLE 1 8,943 0 705
NIKE INC CL B COMMON 654106103 3,900,973 48,958 SH   SOLE 1 30,608 0 18,350
NOBLE ENERGY COMMON 655044105 212,738 6,030 SH   SOLE 1 5,430 0 600
NORFOLK SOUTHERN CORP COMMON 655844108 1,658,967 10,996 SH   SOLE 1 8,846 0 2,150
NOVARTIS ADR COMMON 66987V109 7,961,538 105,395 SH   SOLE 1 70,673 0 34,722
NUVEEN PA INVT QUAL M MUTUAL 670972108 149,110 11,806 SH   SOLE   9,306 0 2,500
NUVEEN TAX FREE ADV M MUTUAL 670657105 543,089 41,744 SH   SOLE   36,362 0 5,382
NVIDIA CORP COMMON 67066G104 1,379,943 5,825 SH   SOLE 1 250 0 5,575
ONEOK INC NEW COMMON 682680103 472,749 6,770 SH   SOLE   3,470 0 3,300
ORACLE SYS CORP COMMON 68389X105 12,343,321 280,148 SH   SOLE 1 222,853 0 57,295
PEPSICO INC COMMON 713448108 12,932,341 118,787 SH   SOLE 1 82,272 0 36,515
PFIZER INC COMMON 717081103 7,296,960 201,129 SH   SOLE 1 184,863 0 16,266
PHILIP MORRIS INTL IN COMMON 718172109 1,909,905 23,655 SH   SOLE 1 20,275 0 3,380
PHILLIPS 66 COMMON 718546104 1,316,610 11,723 SH   SOLE 1 11,428 0 295
PIMCO FDS PAC INVT MG MUTUAL 693391245 193,740 17,955 SH   SOLE   17,955 0 0
PIONEER NATURAL RES C COMMON 723787107 5,217,915 27,573 SH   SOLE 1 20,158 0 7,415
PNC FINANCIAL CORP COMMON 693475105 456,638 3,380 SH   SOLE 1 3,380 0 0
PPG INDUSTRIES INC COMMON 693506107 1,945,975 18,760 SH   SOLE 1 17,160 0 1,600
PPL CORP COMMON 69351T106 234,281 8,206 SH   SOLE 1 7,806 0 400
PRAXAIR INC COMMON 74005P104 3,193,681 20,194 SH   SOLE 1 14,459 0 5,735
PROCTER & GAMBLE CO COMMON 742718109 10,187,533 130,509 SH   SOLE 1 107,561 0 22,948
PUBLIC SVC ENTERPRISE COMMON 744573106 370,859 6,850 SH   SOLE 1 5,250 0 1,600
QUALCOMM INC COMMON 747525103 8,538,434 152,146 SH   SOLE 1 128,534 0 23,612
RAYMOND JAMES FINANCI COMMON 754730109 8,061,336 90,222 SH   SOLE 1 51,697 0 38,525
RAYTHEON CO NEW COMMON 755111507 675,937 3,499 SH   SOLE 1 2,499 0 1,000
RESTAURANT BRANDS INT COMMON 76131D103 3,745,896 62,121 SH   SOLE 1 46,911 0 15,210
ROCHE HLDG LTD ADR COMMON 771195104 3,560,769 128,249 SH   SOLE 1 112,344 0 15,905
ROCKWELL COLLINS INC COMMON 774341101 646,464 4,800 SH   SOLE 1 2,800 0 2,000
ROYAL DUTCH SHELL PLC COMMON 780259206 784,030 11,325 SH   SOLE 1 10,525 0 800
SCHLUMBERGER LTD COMMON 806857108 4,190,313 62,514 SH   SOLE 1 47,540 0 14,974
SCHWAB CHARLES CORP COMMON 808513105 12,438,455 243,414 SH   SOLE 1 163,654 0 79,760
SCHWAB S&P 500 INDEX MUTUAL 808509855 211,352 5,000 SH   SOLE   5,000 0 0
SEALED AIR CORP COMMON 81211K100 289,849 6,828 SH   SOLE 1 6,828 0 0
SIMON PPTY GROUP INC COMMON 828806109 569,286 3,345 SH   SOLE   3,345 0 0
SPECTRA ENERGY PARTNE COMMON 84756N109 509,517 14,385 SH   SOLE 1 13,185 0 1,200
STATE STREET CORP COMMON 857477103 2,343,541 25,175 SH   SOLE 1 15,100 0 10,075
SYNCHRONY FINANCIAL COMMON 87165B103 11,175,357 334,792 SH   SOLE 1 260,727 0 74,065
SYSCO CORP COMMON 871829107 302,183 4,425 SH   SOLE 1 3,425 0 1,000
TAIWAN SEMICONDUCTOR COMMON 874039100 5,350,739 146,355 SH   SOLE 1 119,235 0 27,120
TE CONNECTIVITY LTD COMMON H84989104 1,175,733 13,055 SH   SOLE 1 11,555 0 1,500
TEXAS INSTRUMENTS INC COMMON 882508104 2,028,049 18,395 SH   SOLE 1 15,795 0 2,600
TEXAS PAC LAND TRUST COMMON 882610108 2,923,947 4,205 SH   SOLE   1,900 0 2,305
THERMO FISHER SCIENTI COMMON 883556102 6,610,666 31,914 SH   SOLE 1 28,989 0 2,925
TOLL BROTHERS INC COMMON 889478103 5,817,824 157,281 SH   SOLE 1 94,951 0 62,330
TRACTOR SUPPLY CO COMMON 892356106 485,712 6,350 SH   SOLE 1 1,250 0 5,100
UNILEVER N V COMMON 904784709 515,410 9,250 SH   SOLE 1 4,000 0 5,250
UNILEVER PLC ADR COMMON 904767704 3,846,714 69,586 SH   SOLE 1 42,802 0 26,784
UNION PACIFIC CORP COMMON 907818108 2,021,915 14,271 SH   SOLE 1 4,735 0 9,536
UNITED NAT FOODS INC COMMON 911163103 810,540 19,000 SH   SOLE 1 15,550 0 3,450
UNITED PARCEL SVC INC COMMON 911312106 268,549 2,528 SH   SOLE 1 1,528 0 1,000
UNITED TECHNOLOGIES C COMMON 913017109 11,784,078 94,250 SH   SOLE 1 65,969 0 28,281
US BANCORP DEL PFD B PREFERR 902973155 2,934,799 124,567 SH   SOLE 1 103,942 0 20,625
V F CORP COMMON 918204108 205,675 2,523 SH   SOLE   2,400 0 123
VANGUARD EQUITY-INCOM MUTUAL 921921102 229,302 6,317 SH   SOLE   6,317 0 0
VANGUARD MORGAN GROWT MUTUAL 921928107 345,602 10,875 SH   SOLE 1 0 0 10,875
VANGUARD MUN BD FD IN MUTUAL 922907704 3,010,082 277,427 SH   SOLE 1 0 0 277,427
VANGUARD SPECIALIZED MUTUAL 921908885 465,961 5,472 SH   SOLE   0 0 5,472
VANGUARD WORLD FD US MUTUAL 921910600 290,842 2,776 SH   SOLE 1 2,776 0 0
VANGUARD/PRIMECAP FD MUTUAL 921936209 473,935 3,393 SH   SOLE   1,025 0 2,368
VANGUARD/WELLESLEY IN MUTUAL 921938205 271,606 4,312 SH   SOLE   0 0 4,312
VANGUARD/WELLINGTON F MUTUAL 921935201 434,977 6,143 SH   SOLE   0 0 6,143
VANGUARD/WINDSOR FD I MUTUAL 922018403 249,307 3,195 SH   SOLE   682 0 2,513
VERIZON COMMUNICATION COMMON 92343V104 12,013,174 238,783 SH   SOLE 1 179,729 0 59,054
VERSUM MATERIALS INC COMMON 92532W103 374,286 10,075 SH   SOLE 1 8,375 0 1,700
VISA INC COMMON 92826C839 21,146,172 159,654 SH   SOLE 1 101,867 0 57,787
WAL MART STORES INC COMMON 931142103 10,829,243 126,436 SH   SOLE 1 97,026 0 29,410
WEC ENERGY GROUP INC COMMON 92939U106 290,925 4,500 SH   SOLE 1 2,400 0 2,100
WELLS FARGO & CO COMMON 949746101 1,358,502 24,504 SH   SOLE 1 14,799 0 9,705
WELLS FARGO & CO 8 percent P PREFERR 949746879 236,440 9,200 SH   SOLE   7,200 0 2,000
WELLS FARGO FDS TR MUTUAL 94984B751 159,502 16,226 SH   SOLE   0 0 16,226
WEYERHAEUSER CO COMMON 962166104 4,628,852 126,957 SH   SOLE 1 110,337 0 16,620
WHIRLPOOL CORP COMMON 963320106 671,927 4,595 SH   SOLE 1 1,925 0 2,670
WSFS FINL CORP COMMON 929328102 213,200 4,000 SH   SOLE   0 0 4,000
XILINX INC COMMON 983919101 424,190 6,500 SH   SOLE   6,500 0 0
YUM BRANDS INC COMMON 988498101 272,206 3,480 SH   SOLE 1 2,750 0 730