William Harold Albritton 3

TV CABLE CO OF ANDALUSIA COMMON STOCK — Int/Div

EXXON - COMMON STOCK — Int/Div

EXXON - COMMON STOCK — None — Sold (part)

GENERAL ELECTRIC - COMMON STOCK — Int/Div

IBM - COMMON STOCK — Int/Div

IBM - COMMON STOCK — Sold (part)

IBM - COMMON STOCK — Sold (part)

IBM - COMMON STOCK — Sold (part)

PROGRESSIVE ENERGY — None — Sold

PFIZER - COMMON STOCK — Int/Div

SOUTHERN COMPANY - COMMON STOCK — Int/Div — Sold (part)

ALABAMA ST BRD ED REV ATHENS STATE UNIV-BONDS — Interest

HUNTSVILLE MADISON CNTY AL ARPT AUTH - BONDS — Interest

MOBILE AL PUB EDL BLDG - BOND — Interest

DAPHNE AL WTS & IMPT - BOND — Interest

ALABAMA STATE PUBLIC SCHOOLS AND COLLEGES - BOND — Interest

ALABAMA DRINKING WATER FIN AUTH - BOND — Interest

MERRILL LYNCH - CASH MONEY ACCOUNTS — Interest

CD -NATIONAL CITY BANK — Sold

MERRILL LYNCH FUNDAMENTAL GROWTH D — Sold

MERRILL LYNCH B&T RASP — Sold

BLACKROCKINTL GROWTH & INCOME TR — Sold

DOW 30 ENHANCED PREMIUM INCOME FD — Sold

AT&T INC

ALTRIA GROUP INC — Buy

GLAXOSMITHKLINE PLC — Buy

PINNACLE WEST CAP CORP

VANGUARD INTERMEDIATE — Sold (part)

SOUTHWEST BK OF ST LOUIS CALLABLE CD — Sold

TEMPLETONGROWTHFDCLC

DNM&ICALLABLE CD — Sold

VANGUARD INTERMEDIATE BOND — Buy

MERRILLLYNCH -CASH

BLACKROCK GLOBAL ALLOCATION FDINCC — Int/Div

ANNALY CAP MGMT INC — Int/Div

AT&T INC — Int/Div

CENTURYTEL INC — Int/Div — Buy

KRAFTFOODS INCVACL A — Int/Div — Sold

PEPCO HLDGS INC — Int/Div — Sold

PINNACLE WEST CAP CORP — Int/Div — Sold

VERIZON COMMUNICATIONS COM — Int/Div — Sold

KINDER MORGAN ENERGY PARTNERS LP — Int/Div — Sold

PLAINSALLAMERNPIPLLP — Int/Div — Sold

MERCK & CO INC — Int/Div — Sold

VODAPHONE GROUPPLC NEW — Int/Div — Buy

ALASKA CMN CATRS SYS GRP — Int/Div — Buy

ALTRIA GROUP INC — Int/Div — Buy

ALTRIA GROUP INC — Sold (part)

AMEREN CORP — Int/Div — Buy

ASTRAZENECA PLC SPND ADR — Int/Div — Buy

BCE INC — Int/Div — Buy

BCE INC — Sold (part)

BRISTOL-MYERS SQUIBB CO — Int/Div — Buy

BRISTOL-MYERS SQUIBB CO — Sold

ENBRIDGE ENERGY PARTNERS — Int/Div — Buy

ENERGY TRANSFER PARTNERS — Int/Div — Buy

GLAXOSMITHKLINE PLC — Int/Div — Buy

HATTERAS FINL CORP — Int/Div — Buy

BP PLC SPON ADR — Int/Div — Buy

BP PLC SPON ADR — Sold (part)

KIMBERLY CLARK — Int/Div — Buy

KINDERMORGAN ENERGY PARTNERS — Int/Div — Buy

REYNOLDS AMERICA INC — Int/Div — Buy

POWERSHARES FIN PFD — Int/Div — Buy

POWERSHARES FIN PFD — Sold

QWEST COMM INTL INC — Int/Div — Buy

QWEST COMM INTL INC — Sold

QWEST COMM INTL INC — Sold

FRONTIER COMMUNICATIONS — None — Sold

TV CABLE CO OF ANDALUSIA COMMON STOCK — Int/Div

EXXON - COMMON STOCK — Int/Div

EXXON - COMMON STOCK — None — Sold (part)

GENERAL ELECTRIC - COMMON STOCK — Int/Div

IBM -COMMON STOCK — Int/Div

PROGRESSIVE ENERGY — None — Sold

PFIZER - COMMON STOCK — Int/Div

ALABAMA ST BRD ED REV ATHENS STATE UNIV-BONDS — Interest

MOBILE AL PUB EDL BLDG - BOND — Interest

DAPHNE AL WTS & IMPT - BOND — Interest

ALABAMA STATE PUBLIC SCHOOLS AND COLLEGES - BOND — Interest

DECATUR AL WTS SER E AMBAC — Interest

ALABAMA DRINKING WATER FIN AUTH - BOND — Interest

MERRILL LYNCH - CASH MONEY ACCOUNTS — Interest

MERRILL LYNCH RETIREMENT RESERVES — Sold

MERRILL LYNCH - CASH

CD - NATIONAL CITY BANK — Sold

MERRILL LYNCH FUNDAMENTAL GROWTH D — Sold

DOW 30 ENHANCED PREMIUM INCOME FD — Sold

AT&T INC

ALTRIA GROUP INC — Buy

CENTURY LINK INC SHS — Buy

GLAXOSMITHKLINE PLC — Buy

KINDER MORGAN ENERGY PTNS

PINNACLE WEST CAP CORP

VANGUARD INTERMEDIATE — Sold (part)

SOUTHWEST BK OF ST LOUIS CALLABLE CD — Sold

TEMPLETON GROWTH FD CL C

DN M&I CALLABLE CD — Sold

VANGUARD INTERMEDIATE BOND — Buy

MERRILL LYNCH -CASH

BLACKROCK GLOBAL ALLOCATION FD INC C — Int/Div

ANNALY CAP MGMT INC — Int/Div

AT&T INC — Int/Div

CENTURYTEL INC — Int/Div — Buy

CENTURYTEL INC — Sold (part)

HATTERAS FINL CORP — Int/Div — Sold

KRAFTFOODSINCVACLA — Int/Div — Sold

PEPCO HLDGS INC — Int/Div — Sold

PINNACLE WEST CAP CORP — Int/Div — Sold

KINDER MORGAN ENERGY PARTNERS LP — Int/Div — Sold

VODAPHONE GROUPPLCNEW — Int/Div — Buy

ALASKA CMN CATRS SYS GRP — Int/Div — Buy

ALTRIA GROUP INC — Int/Div — Buy

AMEREN CORP — Int/Div — Buy

ASTRAZENECA PLC SPND ADR — Int/Div — Buy

BCEINC — Int/Div — Buy

BCEINC — Sold (part)

BRISTOL-MYERS SQUIBB CO — Int/Div — Buy

BRISTOL-MYERS SQUIBB CO — Sold

CELLCOM ISRAEL LTD — Int/Div — Buy

CHIMERA INVESTMENT CORP — Int/Div — Buy

ENBRIDGE ENERGY PARTNERS — Int/Div — Buy

ENERGY TRANSFER PARTNERS — Int/Div — Buy

FIRST ENERGY CORP — Int/Div — Buy

GLAXOSMITHKLINE PLC — Int/Div — Buy

HATTERAS FINL CORP — Int/Div — Buy

BP PLC SPON ADR — Int/Div — Buy

BP PLC SPON ADR — Sold (part)

HEALTHCARE REIT INC — Int/Div — Buy

KIMBERLY CLARK — Int/Div — Buy

KINDERMORGAN ENERGY PARTNERS — Int/Div — Buy

REYNOLDS AMERICA INC — Int/Div — Buy

TELEFONICA SA SPAIN ADR — Int/Div — Buy

VERIZON COMMUNICATIONS — Int/Div — Buy

POWERSHARES FIN PED — Int/Div — Buy

POWERSHARES FIN PED — Sold

QWEST COMM INTL INC — Int/Div — Buy

VECTREN CORP INDIANA COM — Distribution — Buy