| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| MS ACCT #2287 | AT COST | 1,093,925 | 1,385,355 |
| MS ACCT #5270 | AT COST | 238,058 | 235,001 |
| MS ACCT #5291 | AT COST | 443,005 | 796,475 |
| MS ACCT #5981 | AT COST | 296,541 | 294,343 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BROWN, WINICK, GRAVES, GROSS & BASKERVILLE PLC | 11,268 | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| DIVIDEND RECEIVABLE-MS #105291 | 208 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| SMITH BARNEY/MORGAN STANLEY | 18,137 | 18,137 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES PAID | 2,042 | 2,042 | 0 | |
| INCOME TAX | 526 | 0 | 0 |