William Fremming Nielsen

Honeywell Int! — Int/Div

Illinois Tool Wks — Int/Div

Memill Lynch — Int/Div — Bank of America

Stryker — Int/Div — Buy

Cash--INB — Interest

Inland N.W. Venture Fund — None

NW Venture Assc Fund — None

Allied Cap — None

Amer Exp Co — Int/Div

Ameriprise Finc — Int/Div

Amgen — None

Carmval Corp — Int/Div — Sold

Cisco — None

Citadel Brdcstu — None

Coca Cola — Int/Div

Eaton — Int/Div — Buy

Home Dcpot — Int/Div

Intel Corp — Int/Div

Johnson & Johnson : — Int/Div

Oracle Corp. — Int/Div

Pfizer — Int/Div

Potash Corp — Int/Div — Sold

Proctor & Gamble Co — Int/Div

Safeway — Int/Div

Sysco — Int/Div

Walgreen Co — Int/Div

Waters Corp. — None

Wells Fargo & Co. — Int/Div

Bank of America — Distribution — Merrill Lynch

Cash RBC — Interest

Emerson Elec — Int/Div

Ericsson Tel Co — Int/Div

Hemz Com — Int/Div

Home Depot — Int/Div

Medtronics Inc — Int/Div

Memill Lynch — Distribution — Bank of America

Merck — Int/Div — Schering

Oracle Corp Com — None

Red Robin — None

Schering P Con — Int/Div — Merck

Starbucks — None

RMP 346

Cash--INB — Interest

American Exp — Int/Div

Ameriprise Finc — Int/Div

Costco — Int/Div

Fiserv Inc — None

Flextrenics — None

Intel Corp. — Int/Div

Southwest Airlines — Int/Div

Stryker — Int/Div

Board Member, Museum of Arts and Culture

5, —_— hed [ al Sy

Liability — Merrill Lynch — Margin Loan

None.