Frederic Block

ALLIEDCAPITAL CORP — Int/Div — Sell

AMERICA MOVIL SER L ADR (1) - — Int/Div

AT&T INC. SENIOR NOTES 6.375% 2/15/56 (1) — Interest — Buy

CITIGROUPINC. (1) — Interest

COHEN STEERS CLOSED END OPPTY FD(1) — Int/Div

COHEN & STEERS INTN REALTY FD CLC — Int/Div — Buy

COHEN & STEERS INTN RALTY FD CL Cc — None — Sell

DELAWARE INVT GBL D INCM (1) — Int/Div

DNP SELECT INCOME FD INC — Int/Div — Sell

EATON VANCE TAX-MANAGED GBL DIV EQUITY FD(1) — Int/Div

EATON VANCE TAX-MANAGED GBL DIV — Int/Div — Buy

FIRST TR TAX ADVANTAGED PFD INC FD(]) — Int/Div

FIRSTRRTAX ADVANT. PFD INC FD — Int/Div — Buy

FLAHERTY & CRUMRINE CLAYMORE PFD SEC INC FD(1) — Int/Div — Buy

FRT TRT VAL INDX(1) — Int/Div — Buy

FRTTRT VAL INDX(1) — None — Sell

CAPITAL ONE FIN.(]1) — Int/Div — Sell

GENERAL ELECTRIC(1) — Int/Div

CHEVRON/TEXACO CORP.(1) — Int/Div — Sell

ALLIED CAPITAL CORP.(1) — Int/Div — Sell

DNP SELECT INCOME FUND INC (1) — Int/Div

NORTH FORK now CAPITAL ONE FIN — Int/Div — Sell

23. BLACKROCK INCM TR INC(}) — Int/Div

BLACKROCK INCM TR INC — Int/Div — Sell

BLACKROCK NY MN I TR SBI — Int/Div

EATON VANCE INS NY MUN — Int/Div — Buy

EATON VANCE TAX ADV. DIV. INC FD. — Int/Div — Sell

ACE LIMITED DEP SHR REP 1/10 CUM RED 7.8% SER C(1) — Interest

KIMCOREALTY CORP. DEP SHR REP 1/10 CUM RD 6.65% PFD SHR (1) — Interest

CITIGROUP CAP. VIII DEF INT TRUST PFD STK 6.950% 09/15/31 — Interest — Sell

GENERAL ELECTRIC CAPTL SENIOR NOTED PFD 5.875% 2/18/33(1) — Interest

VIRGINIA POWER CAP TR II GRD TR PFD SECS 7.375% 07/30/42 — Int/Div — Sell

CITIGP CAPITAL VIII DEF INT TRUST PFD STK 6.959% 09/15/31(1) — Interest

WELLSFARGO CAP VIII5.625% 8-1-33(1) — Int/Div

BAYSHORE NY UN FREE SCH 4.25% 1-15-24(1) — Interest

LONG ISLAND PWR AT NY EL 4.5% 12-1-24(1) — Interest

METRO TRANSIT S5.757/13 — Interest — Sell

NY NYC MUN WFA 4.5% 6-15-36(1) — Interest

NYSEFCST CLN DRKG SER A 4.25% 11-15-19(1) . — Interest

NEW ROCHELLE NY PUB INPT SER A 4.125% 3-15-22(1) — Interest — buy

NYSSER A 4% 3-15-22(1) — Interest

NYCNY SER H 5.00 03/15/29(1) — Interest

HARTFORD DIRECTOR(]) — None — Redeem

ABN AMRO CAP FD TR VII PFD NON CUM 6.08% PERP — Int/Div — Buy

ROYAL BK SCOT GRP PLC 6.35% NONCUM PRF SR-N — Int/Div — Buy

BLACKROCK MUNIYIELDNY INSFD INC — Int/Div

NUVEENNY INV QUAL MUNI — Int/Div — Buy

NUVEEN NY QUAL INC MUNI — Int/Div

MORTGAGE IT HOLDINGS INC(1) — Int/Div — exchange

AMERICAN CAPITAL WLD G&! CL C(2) — Int/Div

AMERICAN CAP INC BUILDER CL C(2) — Int/Div

AMERICAN BLNCD CL C(2) — Int/Div

AXAENTERPRISE MERG & ACQUI. FD CLC (2) — None — Sell

BLACKROCK EQUITYFD C(2) — Int/Div

ML GLOBAL ALLOC. C new name BLACKROCK(2) — Int/Div — Sell

COHEN & STEERS CLOSED END OPPTY FD(2) — Int/Div

COLUMBIA TECHFD CL C(2) — None — Sell

DIAMOND HILL LONG SHORT FD CL C2) — Int/Div — Sell

PHOENIX REAL ESTATE SEC FD C(2) — Int/Div — Sell

ROCHESTER LTM TERM NY MUN FD CL C(2) — Int/Div — Sell

MERRILL LYNCHBANK USA(2) — Interest

MERRILL LYNCH BANK & TRUST(2) — Interest — closed

MERRILL LYNCH BANK USA(1) — Interest

MERRILL LYNCH BANK & TRUST (1) — Interest

MERRILL LYNCH BANK USA — Interest

ALGER CAPITAL APPRECIATION CL B (4) — None

SATURNS-GS 2004-2 SER GS 5.75% 2/15/33 — Interest — Buy

SELIGMAN COMM & INF FD CL A (4) — None

ABB LTD SPON ADR(S) — Int/Div — Buy

ADIDAS AG SPON ADR(S) — Int/Div — Buy

ADVANCED MICRO D INC(5) — Int/Div — Buy

73. ADVANCED MICRO D INC(5) — Int/Div — Sell

AES CORP(5) — None — Buy

AETNA INC NEW(5) — Int/Div — Buy

AETNA INC NEW(5) — Int/Div — Sell

AFF. MANAGERS GRP(5) — Int/Div — Buy

ALNYLAM PHARM.(5) — None — Buy

AMER EAGLE OUTFITTERS(S) — Int/Div — Buy

AMEXCO(S) — Int/Div — Buy

AMER INTL GRP (5) — Int/Div — Buy

AMER MOVIL SAB DE CV(50 — Int/Div — Buy

ANHEUSR BUSCH COS (5) — Int/Div — Buy

AON CORP(S) — Int/Div — Buy

APACHE CORP(5) — Int/Div — Buy

APACHE CORP(S) — Int/Div — Sell

APOLLO GROUP INCCLC — None — Buy

APOLLO GROUPINCCLC — None — Sell

ARCHSTONESMITH TR — None — Sell

AT&T INC(5) — Int/Div — Buy

AT&T INC(5) — Int/Div — Sell

AUTOZONENEV COM — None — Buy

AUTOZONE NEV COM — None — Sell

BANK OF AMERICA CORP (5) — Int/Div — Buy

BANK OF AMERICA CORP (5) — Int/Div — Sell

BARR PAHARM(S) — Int/Div — Buy

BARRICK GOLD CORP.(5) — None — Buy

BARRICK GOLD CORP.(5) — None — Sell

BAXTER INTNL(5) — Int/Div — Buy

BHP BILLITON LTD ADR(5) — Int/Div — Buy

BIOGEN IDEC INC(5) — Int/Div — Buy

BIOGEN IDEC INC(5) — Int/Div — Sell

BOSTON PPTYS INC(5) — Int/Div — Buy

BOSTON SCIENTIFIC CORP(S) — None — Buy

CANADIAN NATURAL RES LTD(5) — Int/Div — Buy

CHESAPEAKE ENERGY OKLA(S) — Int/Div — Buy

CHUBB CORP.(5) — Int/Div — Buy

CHUBB CORP.(S) — Int/Div — Sell

CIGNA CORP(5) — None — Buy

CITIGROUP INC(5) — Int/Div — Buy

CITIGROUP INC(S5) — Int/Div — Sell

COCA COLA COM(5) — Int/Div — Buy

COMCAST CORP NEW CL A(S) — None — Buy

CONOCOPHILLIPS(S) — Int/Div — Buy

CONOCOPHILLIPS(S) — Int/Div — Sell

CREDIT SUISSE GP SP ADR(S5) — Int/Div — Buy

DISNEY(WALT) COM COM STK(S) — Int/Div — Buy

DISNEY(WALT) COM COM STK(S) — Int/Div — Sell

DUKE ENERGY CORP. NEW (5) — Int/Div — Buy

124. DUKE ENERGY CORP. NEW (5) — Int/Div — Sell

EL PASO CORP.(5) — Int/Div — Buy

EMC CORP MASS(5) — Int/Div — Buy

EMC CORP MASS(5) — Int/Div — Sell

EMERSON ELEC CO(5) — Int/Div — Buy

EQUITY RESIDENTIAL(S) — Int/Div — Buy

FLEXTRONICS INTL LTD(5) — None — Buy

GENERAL ELECTRIC(S5) — Int/Div — Buy

GENERAL GROWTH PPTYS INC(5) — Int/Div — Buy

GENWORTH FINL INC COM(5) — Int/Div — Buy

GENWORTH FINL INC COM(S) — Int/Div — Sell

GOLD CORP INC(5) — Int/Div — Buy

HARMONETICS CORP MASS(5) — None — Buy

HALLIBURTON C@(5) — Int/Div — Buy

HELIX ENERGY SOLUTIONS(S) — None — Buy

HEWLETT PACKARD CO DEL(5) — Int/Div — Buy

HEWLETT PACKARD CO DEL(5) — Int/Div — Sell

HONDA MOTOR ADR NEW(5) — Int/Div — Buy

HONDA MOTOR ADR NEW(5) — Int/Div — Sell

INTL BUSINESS MACHINES CORP (5) — Int/Div — Buy

INTRPUBLIC GRP OF CO(S5) — None — Buy

INVESCO LTD(S) — None — Buy

JANUS CAP GRP INC(5) — None — Buy

JANUS CAP GRP INC(5) — None — Sell

JP MORGAN CHASE(S) — Int/Div — Buy

JP MORGAN CHASE(S) — Int/Div — Sell

KINETIC CONCEPTS INC(5) — None — Buy

LIBERTY MEDIA HLDG(S) — Int/Div — Buy

LIBERTY MEDIA HLDG(5) — Int/Div — Sell

LYONDELL CHEM PV $1 (5) — Int/Div — Buy

LYONDELL CHEM PV $1 (5) — Int/Div — Sell

MACYS INC(5) — Int/Div — Buy

MARSH & MCLENNAN COS INC(5) — Int/Div — Buy

MARSH & MCLENNAN COS INC(5) — Int/Div — Sell

MCDERMOTT INTL INC(5) — Int/Div — Buy

MCDERMOTT INTL INC(5) — Int/Div — Sell

MCDONALDS CORP COM(5) — Int/Div — Buy

MEMC ELECTR MATLS INC(5) — None — Buy

MICROSOFT CORP(5) — Int/Div — Buy

MOSAIC CO(5) — Int/Div — Buy

MOSAIC CO(5) — Int/Div — Sell

MOTOROLA INC COM(5) — Int/Div — Buy

MOTOROLA INC COM(5) — Int/Div — Sell

MURPHY OIL CORP(5) — Int/Div — Buy

MURPHY OIL CORP(5) — Int/Div — Sell

NEWMONT MINING CORP(5) — Int/Div — Buy

NOVARTIS ADR(5) — Int/Div — Buy

OAO GAZPROM SPON ADR(S) — Int/Div — Buy

OILSANDS QUEST INC(5) — None — Buy

PFIZER INC DEL PV£$0.05 (5) — Int/Div — Buy

PIONEER NATURAL RES CO(5) — Int/Div — Buy

PROCTOR & GAMBLE CO(S) — Int/Div — Buy

PUBLICSTORAGE $0.10 (5) — Int/Div — Buy

ROYAL DUTCH SHELL PLC SPONS ADR A(S) — Int/Div — Buy

SAP AKGSLTT SPONS ADR(S) — Int/Div — Buy

SCHLUMBERGER LTD(5) — Int/Div — Buy

SIEMENS AG ADR(S) — Int/Div — Buy

SILVER WHEATON CORP(5) — None — Buy

SIMON PROP GRP DEL(S) — Int/Div — Buy

SPRINT NEXTEL CORP(5) — Int/Div — Buy

SPRINT NEXTEL CORP(S) — Int/Div — Sell

SOUTHWEST AIRLNS CO(5) — Int/Div — Buy

SOUTHWESTERN ENERGY CO(5) — None — Buy

SPECTRA ENERGY CORP(5) — Int/Div — Buy

STRYKER CORP(S) — Int/Div — Buy

STRYKER CORP(5) — Int/Div — Sell

SUN MICROSYS INC(5) i — None — Buy

SUNCOR ENERGY INC NPV(5) — Int/Div — Buy

SUNTECH PWR HLDGS CO LTD(5) — None — Buy

SYMANTEC CORP COM (5) — None — Buy

SYMANTEC CORP COM (5) — None — Sell

TESORO CORP(5) — Int/Div — Buy

TEXAS INSTRM(S) — Int/Div — Buy

TIME WARNER INC NEW (5) — Int/Div — Buy

TITANIUM METALS CORP NEW(5) — Int/Div — Buy

UNILEVER NV NY REGS SHS(5) — Int/Div — Buy

UNILEVER NV NY REGS SHS(5) — Int/Div — Sell

UNUM GROUP(S5) — Int/Div — Buy

US BANCORP NEW(5) — Int/Div — Buy

US BANCORP NEW(5) — Int/Div — Sell

VORNADO REALTY TST COM (5) — Int/Div — Buy

WAL-MART STORES INC(5) — Int/Div — Buy

WASHINGTON POST CO B (5) — Int/Div — Buy

WASTE MGMT INC NEW(5) — Int/Div — Buy

WEATHERFORD INTL LTD BERMUDA(S) — None — Buy

WEBMD HEALTH CORP(5) — None — Buy

WSTN DIGITAL CORP DEL(S) — None — Buy

WSTN DIGITAL CORP DEL(S) — None — Sell

WYNN RESORTS LTD(5) — None — Buy

STREETTRACKS GOLD TR(S) — None — Buy

MERRILL LYNCH BK USA(S) — Interest — deposit

IRA -F. BLOCK

ALLIED CAPITAL CORP. NEW — Int/Div — Sell

DNP SELECT INCOME FD INC — Int/Div — Sell

FRT TRT VAL INDX — Int/Div — Buy

FRT TRT VAL INDX — Int/Div — Sell

GEORGIA PWR CAP TRUST V DEF INT TR PED 7.125% 03/31/42 — Interest — Redeem

GENERAL ELECTRIC CAPTLSENIOR NOTES PFD STK 5.875% 2/18/33 — Interest — Sell

MERRILL LYNCH & CO SRUS SER MLNP 4.15 10/4/11 — Interest

MORGAN STANLEY - TR V DEF INT TR PFD 5.75% 7/15/33 — Interest

HERTZ CORP. NOTES 7.4% 03/01/11 — Interest

CBS CORP. 7.25% 06/30/51 — Interest

CITIGROUP CAP VIII DEF INT TR PFD STK 6.95% 09/15/31 — Interest — Sell

WELLS FARGO TR VI TRUST PFD SEC 695% 04/15/32 — Interest — Sell

VERIZON NEW - SR NOTES 7% 5/15/42 — Interest — Sell

VIRGINIA POWER TR II GTD TR SECS 7.375% 07/30/42 — Interest — Sell

VORNADO REALTY TRUST SER F CUM PFD SHS 6.75% PERP — Interest

ALLIANZ NFJ DIVD VALUE CL C — Int/Div — Sell

ALLIANZ NACM PACIFICRIMFDCLC — None — Buy

AMERICAN FUNDM INVT CL CFD — Int/Div

AMERICAN CAP WLD GRW & INC CL C — Int/Div

AMERICAN CAP INC BUILDER CL C — Int/Div

AMERICAN CAP. WORLD BDFD CLC — Int/Div — Buy

AMERICAN HIGH INC TRUST FD CL C — Int/Div — Buy

AMERICAN BOND FD OF AMERICA CL C — Int/Div — Buy

ARROW DWA BALANCED FD CL A — Int/Div — Buy

BLACKROCK EQUITY DIV FD C — Int/Div

BLACKROCK INCM TR INC — Interest — Sell

COHEN & STEERS CLOSED END OPPTY FD — Int/Div

COLUMBIA ACORNSELECTFDCLC — None — Buy

DELAWARE INVT GBL D INC — Int/Div — Buy

EVERGREEN MANAGED INCOME FUND Mult Sector — Int/Div

FRANKLIN TEMPLETON HARD CURRCY FD — Int/Div — Sell

HANCOCK JOHN INC ST SBI — Int/Div — Sell

HANCOCK PREF INC 3 — Int/Div — Buy

IVY ASSET STRATEGY FD CL C — None — Buy

IVY CAPITAL APPRC. FD CL C — None — Buy

BLACKROCK ALLOCATION C — Int/Div — Sell

MFS GOVT MKTS INC TR SBI — Int/Div — Sell

Officer, Frederic Block, P.C

Spouse's income — 2007 — NEW YORK STATE TEACHERS' RETIREMENT