| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 3,650 | 1,825 | 1,825 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| / 65000 AMERICAN AXLE 6.625% DUE 10-15-22 | 66,547 | 68,900 |
| 40000/ 40000 AMERICAN TOWER CP 5.9% 11/1/21 | 46,260 | 44,986 |
| 50000/ 50000 ARCHER DANIELS 5.45% 3/15/18 | 50,593 | 57,214 |
| 75000/ 0 AT&T INC 6.50% 9/1/37 | 0 | 0 |
| / 80000 BEST BUY INC 5.50% DUE 3/15/21 | 79,007 | 78,800 |
| 80000/ 0 CISCO SYSTEMS 5.50% DUE 1-15-40 | 0 | 0 |
| 0/ 75000 CONSTELLATION BRAND 6% DUE 5/1/22 | 83,450 | 81,375 |
| / 60000 DANA HOLDING GRP 6.75% DUE 02/15/21 | 65,617 | 64,650 |
| 65000/ 65000 DUPONT EI NEMOUR 5.75% DUE 3/15/19 | 65,257 | 76,015 |
| 50000/ 50000 FORD MOTOR COMPANY 7.125% DUE 11-15-25 | 51,324 | 59,567 |
| / 55000 FORD MOTOR COMPANY 7.50% DUE 8/1/26 | 66,401 | 66,744 |
| 50000/ 50000 GTE CORP 6.84% DUE 4/15/18 | 44,265 | 59,149 |
| 40000/ 40000 LEAR CORP 8.125% 3/15/20 | 45,249 | 43,900 |
| 75000/ 75000 MCDONALD'S CORP 6.30% DUE 10-15-37 | 91,919 | 94,722 |
| 75000/ 75000 MERCK & CO 5.75% DUE 11-15-36 | 104,078 | 87,960 |
| / 40000 NCR ESCROW CORP 5% DUE 7/15/22 | 38,304 | 38,900 |
| 45000/ 45000 ROHM & HAAS CO 6.0% DUE 9/15/17 | 43,304 | 51,477 |
| 50000/ 50000 VALERO ENERGY 6.625% DUE 6-15-37 | 51,142 | 58,694 |
| 80000/ 80000 WAL-MART STORES 6.20% DUE 4/15/38 | 89,034 | 98,884 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 1800/ 1800 AT&T INC | 54,454 | 59,976 |
| 1075/ 1075 AGNICO-EAGLE MINES LTD | 69,095 | 33,411 |
| 600/ 600 ALLIANT ENERGY CORP | 24,155 | 31,176 |
| 0/ 1125 AMERICAN AXLE & MFG HLDG | 21,486 | 20,947 |
| 1300/ 0 BRISTOL MYERS SQUIBB CO | 0 | 0 |
| 500/ 0 CATERPILLAR INC | 0 | 0 |
| 3000/ 3000 CENTRAL FD CDA (CEF) | 19,455 | 40,170 |
| 600/ 600 CENTRAL GOLDTRUST | 27,633 | 26,190 |
| 300/ 300 CHEVRON CORPORATION | 33,520 | 33,489 |
| 0/ 500 CHICAGO BRIDGE & IRON | 30,328 | 37,495 |
| 975/ 0 CONSOL ENERGY INC | 0 | 0 |
| 0/ 0 CORNING INC | 0 | 0 |
| 1000/ 375 CVS CAREMARK | 13,755 | 25,395 |
| 0/ 0 DANA HOLDING CORPORATION | 0 | 0 |
| 0/ 425 DELPHI AUTOMOTIVE PLC | 17,437 | 25,878 |
| 0/ 525 DEVON ENERGY CP NEW | 31,493 | 31,090 |
| 0/ 875 DU PONT E I DE NEMOUR & CO | 41,693 | 53,384 |
| 0/ 0 FORD MOTOR COMPANY NEW | 0 | 0 |
| 650/ 0 FLUOR CORPORATION NEW | 0 | 0 |
| 1750/ 1750 GENERAL ELECTRIC | 48,291 | 43,977 |
| 0/ 1100 GENERAL MOTORS CO | 41,732 | 39,688 |
| 500/ 500 HELMERICH & PAYNE INC | 31,397 | 44,020 |
| 1825/ 1825 INTEL CORP | 47,718 | 44,786 |
| 225/ 225 INTL BUSINESS MACHINES CORP | 18,684 | 39,753 |
| 475/ 475 JOHNSON & JOHNSON | 33,301 | 42,023 |
| 700/ 350 LEAR CORPORATION | 16,351 | 25,316 |
| 0/ 550 MACY'S INC | 27,028 | 29,260 |
| 850/ 1025 MERCK & CO INC | 39,654 | 54,294 |
| 0/ 1000 MICROSOFT CORP | 31,135 | 37,840 |
| 2000/ 2000 PFIZER INCORPORATED | 42,420 | 60,800 |
| 550/ 550 PNC FINANCIAL SERVICES | 32,941 | 43,934 |
| 0/ 0 POTASH CORP SASK INC | 0 | 0 |
| 775/ 775 ST JUDE MEDICAL INC | 33,136 | 47,066 |
| 3000/ 0 TECO ENERGY | 0 | 0 |
| 1200/ 1200 VERIZON COMMUNICATIONS | 37,074 | 57,624 |
| 925/ 925 XCEL ENERGY INC | 19,207 | 26,742 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| 4325/ 0 ISHARES MSCI JPN IDX FD | AT COST | 0 | 0 |
| 0/ 2000 SECTOR SPDR FINCL SELECT | AT COST | 38,059 | 42,120 |
| 0/ 1675 SPDR S & P REGINAL KBING | AT COST | 51,578 | 64,069 |
| 1350/ 0 VANGUARD CORP BOND ETF - SHORT TERM VCSH | AT COST | 0 | 0 |
| 0/ 1500 VANGUARD CORP BOND ETF - INTERMEDIATE TERM | AT COST | 131,046 | 126,570 |
| 0/ 400 VANGUARD UTILITIES | AT COST | 32,950 | 34,228 |
| 1000/ 0 MARKET VECTORES ETF TRUST | AT COST | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL | 5,500 | 0 | 5,500 |
| Description | Amount |
|---|---|
| PAYMENT OF FEDERAL TAXES | 1,486 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INSURANCE | 744 | 0 | 744 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CONSULTING | 13,439 | 13,439 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX WITHHELD | 387 | 0 | 0 |