Procter Ralph Hug jr

Storey County Properties Partnership — Rent

West Coast Development Partnership — Interest

Brooktree Partners, Reno, Nevada — Rent

Flowers Escrow Real Estate Mortgage — Interest

Wachovia M/M Fund now Wells Fargo Advisors — Interest

Wells Fargo M/M Fund — Interest

Morgan Stanley Dean Witter Liquid Asset — Interest

Bank of America — Interest

Wells Fargo Bank — Interest

ALCOA, Inc — Int/Div

Abbott Labs — Int/Div

Alliance Income — Int/Div

Allstate Corp. — Int/Div

Athenhealth, Inc — Int/Div

Barrick Gold Comp — Int/Div

Berkshire Hathoway, Inc — None

Canadian Nat. Resources — Int/Div

Costco Wholesale Corp. — Int/Div — Sold

Calamos Invt. Tr — Int/Div

Citigroup, Inc — Int/Div

CNH Global NV — Int/Div — Sold

Conocophillips — Int/Div

Dell, Inc — Int/Div

Du Pont De Nemours & Co. — Int/Div

Eaton Vance — Int/Div

Elan Corp. — Int/Div

Eniana — Int/Div

General Electric Co — Int/Div

Glaxco — Int/Div

IDACORP. Inc — Int/Div

Hershey Company — Int/Div

Intel Corp. — Int/Div

JIC Pennvs — Int/Div — Buy

Janus Fund — Interest

Janus Twentieth Century — Interest

Janus Venture — Interest

Kraft Foods, Inc — Int/Div

Merck & Co. Inc — Int/Div

Nuveen Multi-Strategy Income — Int/Div

PNC Fmancial Services Group — Int/Div — Buy

Pall Corp — Int/Div

Pepsico, Inc — Int/Div

Phzer. Inc — Int/Div

Roval Dutch Shell PLC — Int/Div

Safeway, Inc — Int/Div — Sold

Charles Schwab Comp. — Int/Div

Smith & Nephew PLC — Int/Div

Sprint Nextel Co. — Int/Div

IM Company — Int/Div

Unilever NV — Int/Div — Sold

United Parcel SVC, Inc — Int/Div

United States 12 Month Nat — Int/Div

VISA — Int/Div — Sold

Wal-Mart Stores. Inc — Int/Div — Sold

Wells Fargo Stock — Int/Div