| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 12,496 | 12,496 | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| A T & T INC | 465,685 | 557,613 |
| BLACKROCK CORE BOND TR | 292,569 | 268,800 |
| BRISTOL-MYERS SQUIBB COMPANY | 123,128 | 467,550 |
| CHEVRON TEXACO CORPORATION | 45,974 | 594,550 |
| COCA COLA COMPANY | 15,912 | 811,860 |
| DNP SELECT INCOME FUND IN | 623,362 | 568,400 |
| EXXON MOBILE CORP. | 83,699 | 1,953,600 |
| FIFTH THIRD BANCORP | 7,249 | 459,100 |
| BLACKROCK CREDIT ALLOCATION INCOME TR | 193,894 | 108,160 |
| GABELLI EQUITY TRUST INC. | 111,186 | 112,230 |
| GENERAL ELECTRIC COMPANY | 545,747 | 440,130 |
| GREAT PLAINS ENERGY INC. | 338,276 | 351,520 |
| PFIZER, INC. | 41,749 | 578,160 |
| PROCTER AND GAMBLE COMPANY | 59,340 | 11,687,000 |
| US BANCORP DEL NEW | 531,566 | 942,920 |
| WELLS FARGO & COMPANY | 13,935 | 497,400 |
| EATON VANCE LTD DURATION | 198,458 | 152,500 |
| HANCOCK, JOHN PATRIOT | 200,429 | 232,595 |
| BANK OF AMERICA | 711,890 | 309,600 |
| CONSOLIDATED EDISON INC | 442,947 | 536,500 |
| REGIONS FINANCIAL | 234,649 | 88,880 |
| ASSURED GUARANTY MUNI | 200,005 | 202,400 |
| INTEGRYS ENERGY GROUP, INC. | 497,341 | 596,500 |
| ROYCE VALUE TRUST | 551,116 | 393,250 |
| SOUTHERN COMPANY | 719,001 | 878,800 |
| DUKE ENERGY CORP. | 807,756 | 1,100,278 |
| PNC FINANCIAL SERVICES | 165,522 | 20,445 |
| TRI CONTINENTAL | 260,920 | 200,800 |
| CINCINNATI FINANCIAL CORPORATION | 438,051 | 729,900 |
| VERIZON COMMUNICATIONS | 353,983 | 380,560 |
| AMERICAN ELECTRIC POWER COMPANY INC | 197,572 | 202,640 |
| KRAFT FOOD GROUP INC | 223,352 | 224,400 |
| LEGGETT & PLATT INC | 160,767 | 163,200 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| BLACKROCK MONEY MARKET | AT COST | 329,833 | 329,833 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| DEPOSIT | 20 | 20 | |
| CEMETARY PLOT | 1 | 1 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INSURANCE | 2,237 | 1,119 | 1,118 | |
| TELEPHONE | 1,664 | 832 | 832 | |
| OFFICE | 3,559 | 905 | 905 | |
| RENT | 10,200 | 5,100 | 5,100 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| SECURITIES LITIGATION | 50 | 50 | 50 |
| MISCELLANOUS | 5,329 | 5,329 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL TAXES WITHHELD | 2,226 | 1,992 |
| FEDERAL EXCISE TAX PAYABLE | 0 | 28,921 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE TAX | 44,189 | 0 | 0 | |
| FICA/UNEMPLOYMENT | 1,098 | 549 | 549 |