Stewart R. Dalzell

Cape Cod Five Cent Savings — Interest

JP Morgan Fed. Fund — Interest

PNC Bank — Interest

Vangaurd PA Tax Free Money Fund — Int/Div

Prime Fund-Cash Reserve Trust — Int/Div — Sold — closed

Pepsico — Int/Div

Merck & Co — Int/Div

Cisco System Notes — Interest

General Electric Capital Notes — Interest

Pfizer. Inc — Int/Div

Exxon Mobil — Int/Div

Waste Management — Int/Div

Chevron — Int/Div

Johnson & Johnson — Int/Div

General Mills — Int/Div

Sand Ridge Energy — None — Sold (part) — on NYSE

Intel — Int/Div

AT&T — Int/Div — Sold (part) — on NYSE

McDonalds Corp — Int/Div

Powershares ETF — Int/Div

Dommion Resources — Int/Div

Northern Trust Comp. — Interest

Diageo PLC — Int/Div

Chubb Corp. — Int/Div

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

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

Conoco Phillips — Int/Div — Buy (add'l) — on NASDAQ

Int'l Business Machmes — Int/Div — Sold (part) — sale on NYSE

Freeport-MacMoran — Int/Div

Int] Business Machmes — None — Sold (part) — sale on NYSE

Federal Farm Credit Bank Notes — Interest

Southwestern Bell Tel. Bonds — Interest

Fairfax Financial Holdings — Int/Div

Henderson Global Equity — Int/Div — Sold — on NASDAQ

Plum Creek Timber — Int/Div

Hewlett-Packard — Int/Div — Sold — on NASDAQ

Preferred Apt. Communities — Int/Div

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

Hercules Technology Growth — Int/Div — Sold (part) — sale on NASDAQ

MCo — Int/Div

Automatic Data Processing — Int/Div

DuPont — Int/Div

National Fuel Gas — Int/Div

iShares Barclays Age. Bond Fund — Int/Div

Kraft Foods Group, Inc — Int/Div

Emerson Elec. Co. — Int/Div

Mondelez Int'l, Inc — Int/Div

DuPont — Int/Div

AT&T — Int/Div — Sold (part) — sale on NASDAQ

Hercules Technology Growth — Int/Div — Buy (add'l) — on NYSE

Simon Properties Group — Int/Div

Preferred Apt. Communities — Int/Div — Buy (add'l) — add'l on NASDAQ

Vanguard Short-Term Corporate Bonds — Int/Div

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

Accounting Warden, Samt Mark's Church, Philadelphia, PA

Spouse's income — 2013 — Main Line Center of the Arts - 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.