Harry Lee Hudspeth

American Express Common — Int/Div

Bristol Myers Squibb Common — Int/Div

Merck Common — Int/Div — Sale

New Perspective Fund — Int/Div

AmerElectric Power Common — Int/Div — Sold

Exxon Mobil Common — Int/Div — Sale

Merrill Lynch Co. Notes — Interest

Treas Bonds & Govt Securites — Interest

Viacom Class B — Int/Div — Sold

Schlumberger, Ltd. Common — Int/Div

Goldman Sachs Group Common — Int/Div

Port Houston Authority Bonds — Interest

Glaxo Smith Kline PLC — Int/Div — Purch

Southern Co. Common — Int/Div — Purch

General Electric Common — Int/Div

Corpus Christi, Tx Bonds — Interest

St. Paul Travelers Common — Int/Div — Purch

Ameriprise Financial Common — Int/Div

Disney (Walt) Co. Common — Int/Div

Sirius Satellite Radio Com.

US Bancorp Common — Int/Div — Sold

Lower Colo River Auth Bonds — Interest

AFLAC — Int/Div

BHP Billiton

CBS Class B — Int/Div — off

Norfolk Southem — Int/Div — Bought

Western Union — Int/Div — Bought

Cypress-Fairbanks ISD Bonds — Interest — Bought