Stewart R. Dalzell

Cape Cod Five Cent Savings — Interest

JP Morgan Fed. Fund — Interest

PNC Bank — Interest

BRE Properties, Inc — Int/Div — Sold — on NYSE

Vangaurd PA Tax Free Money Fund — Int/Div

Prime Fund-Cash Reserve Trust — Int/Div

Pepsico — Int/Div — Sold (part) — sale on NYSE

Merck & Co. — Int/Div

Cisco System Notes — Interest

General Electric Capital Notes — Interest

Pfizer. Inc — Int/Div

Bank Amenca Notes — Interest — Redeemed — redemption

General Electric Cap. Notes — Interest

Exxon Mobil — Int/Div

Waste Management — Int/Div — Buy (add'l) — add'l on NYSE

Chevron — Int/Div — Sold (part) — sale on NYSE

Johnson & Johnson — Int/Div

General Mills — Int/Div

Sand Ridge Energy — None

Waste Management — Int/Div — Buy — on NYSE

Intel — Int/Div — Sold (part) — sale on NASDAQ

AT&T — Int/Div — Buy (add'l) — on NYSE

McDonalds Corp — Int/Div — Sold (part) — sale on NYSE

Powershares ETF — Int/Div — Buy (add'l) — on NASDAQ

Dommion Resources — Int/Div

Northern Trust Corp — Interest

Diageo PLC — Int/Div

Chubb Corp. — Int/Div — Buy (add'l) — add'l on NYSE

Windstream — Int/Div

Vanguard Total Bond ETF — Interest — Buy (add'l) — on NASDAQ

Conoco Phillips — Int/Div

Int] Business Machines — Int/Div — Sold (part) — sale on NYSE

Freeport-Mac Moran — Int/Div — Buy — on NYSE

Fed. Home Loan Bank Bonds — Interest — Redeemed — redeemed

Federal Farm Credit Bank Notes — Interest

Phillips 66 (see line 39) — None — from line 31) — from Conoco

Southwestern Bell Tel. Bonds — Interest

Fairfax Financial Holdings — Int/Div

Phillips 66 — None — Sold — on NYSE

Henderson Global Equity — Int/Div

Plum Creek Timber — Int/Div — Buy (add'l) — add'l on NYSE

Hewlett-Packard — Int/Div

Preferred Apt. Communities — Int/Div

Petroleo-Brasilemro — Int/Div — Buy — ADRs on NYSE

Hercules Technology Growth — Int/Div — Buy — on NASDAQ

IM Co — Int/Div

Automatic Data Processing — Int/Div

DuPont — Int/Div — Buy (add'l) — add'l on NYSE

National Fuel Gas — Int/Div — Sold (part) — on NYSE

Kraft Foods Group, Inc — Int/Div — Buy — on NASDAQ

iShares Barclays Age. Bond Fund — Int/Div

Kraft Foods Group, Inc — Int/Div — from line $0) — from Kraft

Emerson Elec. Co. — Int/Div — Buy — add'l on NYSE

Mondelez Int'l, Inc — Int/Div — from Ime 50) — from Kraft

DuPont — Int/Div

National Fuel Gas — Int/Div

Chesapeake Energy — Int/Div — Sold — on NYSE

Simon Properties Group — Int/Div

Emerson Elec. Co. — Int/Div

Vanguard Short-Term Corporate Bonds — Int — Sold (part) — sale on NASDAQ

Caterpillar Financial Notes — Interest — Matured — matured

Emerson Elec. Co. — Int/Div — Buy — add'l on NYSE

SEI Daily Income Trust — Int/Div

Secretary of the Vestry, Samt Mark's Church, Philadelphia, PA

Spouse's income — 2012 — I - Teaching Fees

With respect to the disclosures in lines 36 and 39 of Part VII, notwithstanding the auto audit's view regarding line 36, line 39 discloses that the entire spin-off of

Phillips 66 was disposed of on May 30, 2012 on the New York Stock Exchange. Thus, there was no “gross value at end of reporting period” to be supplied in C(1)

and C(2), and thus the auto audit errs.