Garr M. King

COMM. FINANCIAL LTD PARTNERSHIP (MIDCO) — Interest

IRA VALUE LINE FUND — None — w/15 — to IRA#15

PFIZER INC — Int/Div — SELL

AMERICAN EXPRESS — Int/Div

CITIGROUP — Int/Div

EXXON MOBIL — Int/Div

HOME DEPOT — Int/Div — SELL

MICROSOFT — None

WELLS FARGO — Int/Div

WALT DISNEY CO — Int/Div

UNITED PARCEL — Int/Div

MIDCAP SPDR — Int/Div

SECTOR SPDRCYA — Int/Div — SELL

ISHARES TR — Int/Div

SECTOR SPDR TR. TECH — Int/Div — SOLD

COLUMBIA BANCORP — Int/Div

CASCADE BANCORP — Int/Div

BPPLC Spons. ADR — Int/Div

MEDTRONIC — Int/Div

FIRSTDATA CORP — None — SELL

SPECTOR SPDR TR INTL. HEALTH — Int/Div

SPECTOR SPDR ENERGY — Int/Div

TRICOUNTY METTR — Interest

WEST BANK P.R.C.O — Interest

PORT. ORE. SEWER SYS. — Interest — REDEEMED

CLACK. CTY. OR. HOSP — Int/Div

CARMEN DRIVE HEALTH CENTER INVESTORS — Interest

SUN WATER SYSTEMS INC — Int/Div

ORE. ST. BOARD OF HIGHER EDUCATION: 8/1/07 — Interest — REDEEMED

SW OREGON COMM. COLL: 6/1/07 — Interest — REDEEMED

RESIDENCE - DAVIS, CALIFORNIA — None

SALEM OR. WATER REV — Interest

PORT. OR. WATER SYS — Interest — REDEEMED

1 ? I p — in VA ] ce — Ac $0 Curre — er 207 L Reinvested Inv dividends

1 ? I p — pm incia Ac visor 376.80 ] S \ — To: erioc: i Hi — L

US.NATIONAL BANK — Interest

KENNEDY, KING & ZIMMER PARTNERSHIP AGREEMENT — None — TERMINATED — PAYMENT IN 2007

OREGON STATE VETS SER. 75 — Interest

WASHINGTON CO. OREGON UNI SWR — Interest

PORTLAND OREGON HOUSING 11-1-25 — Interest

PORTLAND OREGON HOUSING 1-1-27 — None — SOLD

ANALOG DEVICES COMMON STOCK — None

CISCO SYS. INC. COMMON STOCK — None

JP MORGAN / CHASE — Int/Div

INTEL CORP — Int/Div

U.S. BANCORP COMMON STOCK — Int/Div

WASHINGTONMUTUAL COMMON STOCK — Int/Div

ORACLE CORP. COMMON STOCK — None

CASH IN BROKERAGE ACCOUNTS UBS Resource Mgmt. Acct. — Int/Div

M&P CO. (Real Estate Partnership) Salt Lake City, Utah — Rent

MACKINNON FINANCIAL SERVICES (Partnership) — Interest

PFIZER INC — Int/Div — SELL

AM. INT'L GROUP — Int/Div

CITIGROUP — Int/Div

EXXON MOBIL — Int/Div

HOME DEPOT — Int/Div — SELL

MICROSOFT — None

WELLS FARGO — Int/Div

WALT DISNEY CO. — Int/Div

UNITED PARCEL — Int/Div

MIDCAP SPDR — Int/Div

SECTOR SPDRCYA — Int/Div — SELL

ISHARES TR — Int/Div

SECTORSPDRTR.TECH — Int/Div — SOLD

COLUMBIA BANCORP — Int/Div

CASCADE BANCORP — Int/Div

BPPLC Spons. ADR — Int/Div

MEDTRONIC — Int/Div

FIRST DATA CORP — None — SELL

SPECTOR SPDR TR INTL. HEALTH — Int/Div

SPECTOR SPDR ENERGY — Int/Div

TRICOUNTY METTR — Interest

WEST BANK P.R.C.O. — Interest

PORT. ORE.SEWER SYS — Interest — REDEEMED

CLACK. CTY. OR. HOSP — Int/Div

CARMEN DRIVE HEALTH CENTER INVESTORS — Interest

SUN WATER SYSTEMS INC — Int/Div

ORE. ST. BOARD OF HIGHER EDUCATION: 8/1/07 — Interest — REDEEMED

RESIDENCE - DAVIS, CALIFORNIA — None

SALEM OR. WATER REV — Interest

PORT. OR. WATER SYS — Interest — REDEEMED

OR.STATE DEPT. ADMIN. — Interest

PORT ORE SWR SYSTEM — Interest

Reimbursement — Trial Lawyers

Spouse's income — The United States Courts — Califomia

Spouse's income — The United States Courts

Additional Information in

Type

Value Code Value Method Type Day Value Gain

#15 IRA - USB Financial

None

oO

T

Schedule of Assets in IRA:

American Funds Capital

American Funds EURO

Dodge & Cox Intl. Fund

Dodge & Cox Stock Fund

DWS Dreman Small Cap Fund

Federated Kaufinan Small Cap Fund

FPA Capitol Fund Inc.

Loomis Sayles Income Fund

Oppenheimer Int't Bond Fund