Clarence Charles Newcomer

American Home Products — Int/Div

American Tel & Tel — Int/Div — Sold

Franklin Gold & Precious Metals — Int/Div — Buy

Wachovia Corp. — Int/Div

General Motors Corp. — Int/Div

Pepsico — Int/Div

Wal-Mart Stores, Inc — Int/Div

Union National Fin. Corp. — Int/Div

Nuveen Tax Exempt Bond Fund — Interest

First Union Money Mkt Acc — Interest

Conestoga Financial Corp. — Int/Div

Hershey Food Corp. — Int/Div

DMC Tax Free Inc. Trust PA — Int/Div

DMC Tax Free Inc. Trust PA — Int/Div

IRA-Decatur Income Fund — Interest

VanKampen Messitt — Int/Div

MCI Worldcom, Inc — Int/Div — Sold

Lucent Technologies — Int/Div — Sold

Compaq Computer Corp. — Int/Div — Sold

Hewlett Packard — Int/Div — Sold

Walt Disney Company — Int/Div

VK PA TX Free Income FD — Interest

WWP Group — Int/Div

CISCO Systems, Inc. — Int/Div

Home Depot, Inc — Int/Div

Intel Corp — Int/Div

Johnson & Johnson — Int/Div

Microsoft Corp. — Int/Div

Oracle Corporation — Interest

Procter & Gamble Co. — Int/Div

Safeguard Scientifics — Int/Div — Sold

General Electric — Int/Div — Sold

Kraft Foods — Int/Div — Sold

Eaton Vance Mut. FDS. Tr Tx MNGD Growth Fund — Interest

Eaton Vance Tx Mngd. Value — Interest

Wyeth — Int/Div

Smucker JM Co. — Int/Div

Lowes Companies, Inc — Int/Div — Buy

Mothers Work, Inc — Int/Div — Buy

Rydex 216 Precious Metals — Int/Div — Buy

Rydex 216 Precious Metals — Sold

Rydex 216 Precious Metals — Int/Div — Buy

Rydex 216 Precious Metals — Sold

Rydex 216 Precious Metals — Int/Div — Buy

Rydex 216 Precious Metals — Sold

Rydex 217 URSA — Int/Div — Buy

Rydex 217 URSA — Sold

Rydex 217 URSA — Int/Div — Buy

Rydex 217 URSA — Sold

Rydex 220 - Arktos — Int/Div — Buy

Rydex 220 - Arktos — Sold

Rydex 237 Leisure — Int/Div — Buy

Rydex 237 Leisure — Sold

Rydex 242 Banking — Int/Div — Buy

Rydex 242 Banking — Sold

Rydex 243 Biotech — Int/Div — Buy

Rydex 243 Biotech — Sold

Agreement — ACA ITAR SAA EES ** NOTHING TO REPORT **

Reimbursement — George Mason University and Law School — LaJolla, Califomia (March 5 - 9'attending symposium on Federalist Papers

Income — 1. — Lad NOTHING TO REPORT ** — La Mh DUR LT 0.00

(Indicate part of Report)