Frederic Block

9-15-55 B

DNP SELECT INCOME FD INC — Int/Div

ALLIED CAPITAL CORP — Int/Div

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

CITIGROUPINC. (1) — Interest

DNP SELECT INCOME FD INC — Int/Div

DOW CHEMICAL(]) — Int/Div — sell

INTERNET HOLDERS DEP RCPT(1) — sell

LYONDELL CHEMICAL PV(]) — Int/Div — sell

NORTHFORK now CAPITAL ONE FINI) — Int/Div

GENERAL ELECTRIC(]) — Int/Div

CHEVRON/TEXACO CORP.(1) — Int/Div

ALLIED CAPITAL CORP.(1) — Int/Div

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

NORTH FORK now CAPITAL ONE FIN — Int/Div

BLACKROCK INCM TR INC(1) — Int/Div

BLACKROCK INCM TR INC — Int/Div

BLACKROCK NY MN TR SBI — Int/Div

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

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

KIMCO REALTY 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

GENERAL MOTORS ACEP CORP PUBLIC INC NOTES 7.35% 08/08/32 — 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

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

VIRGINIA POWER CAP TRII GTD TR PFD SECS 7.375% 07/30/42(1) — Int/Div — sell

WELLS FARGO CAP VIII 5.625% 8-1-33(1) — Int/Div — buy

BAYSHORENY UN FREE SCH 4.25% 1-15-24(1) — Interest — buy

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

METRO TRANSIT 5.75 7/13 — Interest

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

NYS EFC ST CLN DRKG SER A 4.25% 11-15-19(1) — Interest — buy

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

NYS SER A 4% 3-15-22(1) — Interest — buy

NYCIND DEV 6.0 1/15 — Interest — sell

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

NYS URBAN DEV 5.37501/01/25(1) — Interest — redeem

HARTFORD DIRECTOR(1) — None

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

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

WALT DISNEY SR PFD NOTES 7% 11/01/31 — Int/Div — sell

CATERPILLARINC DEL — Int/Div — sell

BLACKROCK MUNIYIELD NY INS FD INC — Int/Div

NUVEEN NY QUAL INC MUNI — Int/Div

PIMCO NY MUN INC FD — Int/Div

MASCO CORP(1) — Int/Div — sell

MORTGAGE IT HOLDINGS INC(1) — Int/Div

PIEDMONT NATRL GAS NC(1) — Int/Div — sell

AXAENTERPRISE MERGERS % AQUIS. FDCLC(1) — None — sell

ML GLOBAL ALLOC.C (1) — Int/Div — sell

US TREASURY NOTE 3.125% 10/15/08(2) — Interest — sell

NY TWY ATHWY-BRDG (2) — Interest — sell

AMGEN INC COM PV (2) — None — sell

CAREMARK RX INC(2) — None — sell

COMVERSE TECH.(2) — None — sell

CONOCOPHILLIPS(2) — Int/Div — sell

CSX CORP(2) — Int/Div — sell

GLAXOSMITHKLINE PLC ADR(2) — Int/Div — sell

INCOLTD(2) — Int/Div — sell

ISHARES DJ US CONSUMER GOODS SEC IND FD(2) — Int/Div — sell

ISHARES DJ US ENERGY SEC IND FD(2) — Int/Div — sell

ISHARES DJ US REAL ESTATE IND FD(2) — Int/Div — sell

ISHARES MSCI JAPAN IND FD(2) — Int/Div — sell

ISHARES S&P SMALLCAP IND. FD (2) — Int/Div — sell

JM SMUCKER CO(2) — Int/Div — sell

JUNIPER NETWORKS INC(2) — None — sell

LYONDELL CHEMICAL PV(2) — Int/Div — sell

MORTGAGEITHOLDINGS INC(2) — Int/Div — sell

PROCTOR & GAMBLE CO(2) — Int/Div — sell

RAYTHEON CO DELAWARE NEW(2) — Int/Div — sell

RYDEX ETF TR INDEX FD(2) — Int/Div — sell

S&PS500 EQUAL WEIGHTED(2) — Int/Div — sell

SCHLUMBERGERLTD(2) — Int/Div — sell

TRANSOCEAN INC (2) — None — sell

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

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

AMERICAN BLNCD CL C(2) — Int/Div — BUY

AXAENTERPRISE MERG & ACQUI. FD CLC) — None

FRANKLIN CONV. SEC. ED CL A (2) — Int/Div — sell

HOTCHKIS & WILEY ALL CAPVAL FD CL C(2) — None — sell

BLACKROCK EQUITYFD C(2) — Int/Div — buy

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

COHEN & STEERS CLOSED END — Int/Div — buy

FD(2)

COLUMBIA TECHFD CL C(2) — None — buy

DIAMOND HILL LONG SHORT FD CL C(2) — Int/Div — buy

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

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

OPPENHEIMER REAL ASSET FD CL A (2) — Int/Div — sell

MERRILL LYNCH BANK USA(2) — Interest

MERRILL LYNCH BANK & TRUST(2) — Interest

MERRILL LYNCH BANK USA(1) — Interest

MERRILL LYNCH BANK & TRUST (1) — Interest

MERRILL LYNCH BANK & TRUST — None — closed

ALGER CAPITAL APPRECIATION CL B (4) — None

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

IRA -F. BLOCK

ALLIED CAPITAL CORP. NEW — Int/Div

NEWCASTLE INVESTMENT CRP REITS DIVERS. — Int/Div

WORTHINGTON INDUSTRIES OHIO — Int/Div — sell

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

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

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

AETNA INC SR NOTES 8.5% 08/31/41 — Interest — sell

CBS CORP.new name-VIACOM INC SR RETAIL DEB 7.25% 06/30/51 — Interest

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

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

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

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

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

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

AMERICAN CAP INC BUILDER CL C — Int/Div — buy

BLACKROCK EQUITY DIVFDC — Int/Div — buy

BLACKROCK INCM TR INC — Interest

COHEN & STEERS CLOSED END OPPTY FD — Int/Div — buy

EVERGREEN MANAGED INCOME FUND — Int/Div

FRANKLIN TEMPLETON HARD CURRCY FD — Int/Div — buy

HANCOCK JOHN INC S T SBI — Int/Div

BLACKROCK new name ML GLOBAL ALLOCATION C — Int/Div

MFS GOVT MKTS INC TR SBI — Int/Div

MFS INTER INCM TR SBI — Int/Div — sell

THORNBURG CORE GRTHFD CLC — None — buy

US TREASURY NOTE 3.5% 02/15/10 — Interest — sell

USTREASURY NOTE 4.5% 11-15-15 — Interest — buy

USTREASURY NOTE 4.5% 11-15-15 — Interest — sell

GENERAL MOTORS ACCP CORP SR NOTES 7.25% 02/07/33 — Int/Div — sell

PUBLIC STORAGE PFD STK SER D 6.180% PERP — Int/Div

WALT DISNEY CO SR PFD NOTES 7% 11/01/31 — Int/Div — redeemed

DLP INC — Int/Div — sell

DUKE ENERGY CORP NC NPV — Int/Div — sell

REITS-DIVERSIFIED combined with line 85 — None

SUNAMERICA FOCUSED ALPHA GR FD INC — Int/Div — sell

JENNISON 20/20 FOCUS FD CL C — None

OPPENHEIMER REAL ASSETFD CL A — Int/Div — sell

LOOMIS SAYLES INV GRADE BOND FDCLC — Int/Div

LOOMIS SAYLES STRATEGIC INC FD CLC — Int/Div — sell

PIMCO FLOATING INCFD CLC — Int/Div

BANK OF SMITHTOWN — None

WASHINGTON MUTUAL — Interest — redeem

Officer, ic Block, P.C

~~ B= I Oe TT

Spouse's income — 2006 — NEW YORK STATE TEACHERS' RETIREMENT