Howard Dawson

Stocks are common shares unless otherwise specified

Bank of America-checking — Interest

Bank of America-saving — Interest

Coca Cola Inc — Int/Div

Kraft Foods Inc — Int/Div

Pembina Pipeline — Int/Div

Telcom Corp. NZ Now Spark NZ — Int/Div

Kevcorp — Int/Div

Duke Energy — Int/Div — Buy (add'l)

Reynolds American — Int/Div

Westpac Bank LTD — Int/Div — Buy

Southern Co — Int/Div

DNP Select Income Fund — Int/Div

Aberdeen Asia Income Fund — Int/Div — Buy (add'l)

Provident Energy Trust — Int/Div

MD Health & EDL Bond — Interest

Philip Morris Intl. Co. — Int/Div

TT. Rowe Price MD Bond Fund — Interest

Amenca Electric Power — Int/Div — Buy

Dreyfus T.E. Bond Fund — Interest

MD Trans. Auth. Bonds — Interest

MFS Inter. Inc. Trust — Int/Div

No. Eur. Oil Rity Trust — Rovalty — Buy (add'l)

Intel Corp. — Int/Div

Washmgton Gas (WGL) — Int/Div — Buy (add'l)

Just Energy Group Inc — Int/Div

Eh Lilly Co — Int/Div — Buy (add'l)

Pepsico — Int/Div

N.B. Mun. Securities Trust — Interest

Vodafone Group PLC — Int/Div — Buy (add'l)

Altria Inc — Int/Div

Abbott Labs — Int/Div

Enbndge, Inc — Int/Div

Johnson & Johnson Co — Int/Div

Wachovia Pfd — Redeemed

Exxon-Mobil — Int/Div

Encana Corp — Sold

Brstol-Myers-Squibb — Int/Div

Telecom de Sao Paulo — Int/Div

Fidelity Md. Spartan Bond Fund — Interest

Templeton Emer. Mkt. Income Fund — Int/Div

Verizon Inc — Int/Div — Buy (add'l)

AT&T Inc — Int/Div

Halvard Health Inc — Int/Div — Buy

DTF Tax Free Income — Int/Div — Buy (add'l)

Dow Chemical — Int/Div

Procter & Gamble — Int/Div

Merck Inc — Int/Div — Buy

Australia & NZ Bank — Int/Div

Annaly Capital — Int/Div — Buy (add'l)

RMA Tax Free Fund (UBS) — Interest

Raytheon Corp. — Int/Div

Felcor Suite Hotels Pid. — Int/Div

Telstra Corp. — Int/Div

Wal-Mart Stores — Int/Div

Microsoft — Int/Div

Transcanada Corp. — Int/Div

ACC Income Fund — Int/Div

United Utilities — Int/Div

ABBVIE Inc — Int/Div — Buy (add'l)

Phazer. Inc — Int/Div

SPDR Index S&P Intr (ETF) — Int/Div

Glaxo Smith Kline PLC — Int/Div — Buy (add'l)

Roval Dutch Pet. Co. — Int/Div

Penn West Energy Trust — Int/Div

Roval Bank of Canada — Int/Div — Buy (add'l)

National Grid PLC — Int/Div

Astra Zeneca — Int/Div — Buy (add'l)

Lonllard, Inc — Int/Div

Pimco Corp. Op. Fund — Int/Div

ING Group (Debt) — Interest

AT&T Inc — Int/Div

Genuine Parts — Int/Div

Pitney Bowes — Int/Div

DuPont — Int/Div

Wells Fargo — Int/Div

Clorox — Int/Div

Kinder Morgan Inc — Int/Div

AGL Resources — Int/Div

Piedmont Nat, Gas — Int/Div

Canon Inc — Int/Div

Diageo PLC — Int/Div

Sanofi — Int/Div

Nuveen MD Muni Bond Fund — Interest

American MD T. Exempt Fund — Interest

Southern Copper Co — Int/Div

Hannon Armstrong Inc — Int/Div — Buy

Windstream Comp. — Int/Div

Nestle — Int/Div

Bank of Nova Scotia — Int/Div

Franklin MD Tax Free Fund — Int/Div

Orange Telecom — Sold

Kimberly Clark — Int/Div

Total SA — Int/Div — Buy (add'l)

Yanzhou Coal Mining — Int/Div

Cenovus Energy Corp — Int/Div

1 Shares MSC! Brazil — Int/Div

Capital One Bank - Checking — Interest

Novartis — Int/Div

Frontier Comm. Inc — Sold