John E. Jones 3

ERNE — Distribution

NATIONWIDE-ANNUITY — Interest

UNION BANK & TRUST CO.-CHECKING — Interest

QUALITY VENDING INC-50% INTEREST — Distribution

LOAN RECEIVABLE-PHOENIX CONTRACTING — Interest

UBPTE-COMMON STOCK (UNION BANCORP INC (UBPT.PK)) — Int/Div

UBPTE-COMMON STOCK (UNION BANCORP INC (UBPT.PK)) — Int/Div

UBPTE-COMMON STOCK (UNION BANCORP INC (UBPT.PK)) — Int/Div

DREYFUS PREMIER BALANCED FD — Int/Div

GE COMMON STOCK — Int/Div — SELL

POWER SHARES QQQ TRT-COMMON STOCK — Int/Div — SELL

SOVEREIGN BANCORP-COMMON STOCK — Int/Div — SELL

PENN NATIONAL GAMING - COMMON STOCK — None

XM SATELLITE RADIO HLDGS CLA COMMON STOCK — None — SELL

CHARLES SCHWAB & CO INC - M/'M FUND — Interest

OPPENHEIMER GLOBAL FUND A MUTUAL FUND — Int/Div

OPPENHEIMBER CAPITAL APPRECIATION FUND A - MUTUAL FUND — None

FULTON FINANCIAL CORP — Int/Div — SELL

BROOKSTREET SECURITIES CORP.-M/M FD. - TREAS FUND — Int/Div

U.S. TREASURY NOTE-IRA — Interest — REDEEM

WYE COMMON STOCK-IRA — Int/Div

CVX COMMON STOCK-IRA — Int/Div

XOM COMMON STOCK-IRA — Int/Div

FULT COMMON STOCK-IRA — Int/Div

GE COMMON STOCK-IRA — Int/Div

HON COMMON STOCK-IRA — Int/Div

HUM COMMON STOCK-IRA — None — SELL

KEY COMMON STOCK-IRA — Int/Div — SELL

KMB COMMON STOCK-IRA — Int/Div

SOV COMMON STOCK-IRA — Int/Div

MRK COMMON STOCK-IRA — Int/Div

MMM COMMON STOCK-IRA — Int/Div

NXL COMMON STOCK-IRA — Int/Div — SELL

PEP COMMON STOCK-IRA — Int/Div

PFE COMMON STOCK-IRA — Int/Div

TYC COMMON STOCK-IRA — Int/Div — SPINOFF/TYC(C

VZ COMMON STOCK-IRA — Int/Div

UBPTE COMMON STOCK-IRA (UNION BANCORP INC (UBPT.PK)) — Int/Div

NATIONWIDE MUTUAL FUND CLASS A — Int/Div

CHEVRON-TEXACO 3.5% BOND - IRA — Interest — REDEEM

UNION BANK OF POTTSVILLE-SAVINGS — Interest

EXXON MOBIL CORP-COMMON STOCK — Int/Div — SELL

EXXON MOBIL CORP-COMMON STOCK — Int/Div — SELL

GENERAL ELECTRIC CO-COMMON STOCK — Int/Div — SELL

ISTAR FINANCIAL-COMMON STOCK — None — SELL

SIRIUS SATELLITE RADIO - COMMON STOCK — None

NATIONAL PENN BANCSHARES COMMON STOCK — Int/Div — SELL

SIRIUS SATELLITE RADIO INC COMMON STOCK — None

SOVEREIGN BANCORP INC - COMMON STOCK — Int/Div — SELL

FIDELITY BLUE CHIP VALUE FUND MUTUAL FUND - FBCVX — Int/Div

VANGUARD PA LONG TERM TAX EX MUTUAL FUND — Int/Div

AFLAC INC - COMMON STOCK - IRA — Int/Div

E TRADE FINANCIAL - COMMON STOCK - IRA — None — SELL

DARDEN RESTAURANTS - COMMON STOCK — Int/Div — SELL

FNB CORPORATION - COMMON STOCK — Int/Div — SELL

MICROSOFT -COMMON STOCK — Int/Div — SELL

STARBUCKS CORP - COMMON STOCK — None — SELL

TIME WARNER - COMMON STOCK — Int/Div — SELL

TIME WARNER - COMMON STOCK — Int/Div — SELL

XTO ENERGY - COMMON STOCK — Int/Div — SELL

DREYFUS SMALL CAP - MUTUAL FUND — Int/Div

FIDELITY NEW MKTS INCOME MUTUAL FUND — Int/Div

SCHWAB S&P 500 INDEX - MUTUAL FUND — Int/Div

VANGUARD INTL VALUE FUND MUTUAL FUND - VTRIX — Int/Div

VANGUARD STRATEGIC - MUTUAL FUND - VSEQX — Int/Div

FNB DAILY FUND - IRA — Int/Div

HOME DEPOT INC - COMMON STOCK IRA — Int/Div

MAINSTREET BANK CD - IRA — Interest — REDEEM

VERIZON - COMMON STOCK - IRA — Int/Div

FNB DAILY FUND - IRA — Int/Div

APPLE COMPUTER - COMMON STOCK — None

NORDSTROM INC - COMMON STOCK — Int/Div — SELL

NEWMONT MINING CORP - COMMON STOCK — Int/Div — SELL

STREETTRACKS GOLD TR GOLD COMMON STOCK — None — BUY

ISHARES SILVER TR - COMMON STOCK — None

ULTRA SHORT SMALL CAP PRO FUND MUTUAL FUND — Int/Div — SELL

ULTRA SHORT OTC PRO FUND INVESTOR MUTUAL FUND — Int/Div

FNB CORP - COMMON STOCK — Int/Div — SELL

FIDELITY SHORT TERM BOND FUND MUTUAL FUND - FSHBX — Int/Div

VANGUARD SMALL CAP MUTUAL FUND -VB — Int/Div

VANGUARD VALUE MUTUAL FUND VUVLX — Int/Div

FEDERATED TOTAL RETURN BD MUTUAL FUND - IRA - FTRBX — Int/Div

VANGUARD INTERM TERM BOND INDEX FUND - IRA - VIBSX — Int/Div

VANGUARD SHORT-TERM FED-ADM #549 MUTUAL FUND - IRA VSGDX — Int/Div

IDEARC INC - COMMON STOCK - IRA — None — SELL

TARGET CORP - COMMON STOCK IRA — Int/Div

WHIRLPOOL CORP - COMMON STOCK - IRA — Int/Div — SELL

WALGREEN CO - COMMON STOCK IRA — Int/Div

WELLS FARGO & CO - COMMON STOCK - IRA — Int/Div

RR DONNELLEY & SONS CO COMMON STOCK - IRA — Int/Div

UNITED PARCEL SERVICE CL B COMMON STOCK - IRA — Int/Div

APPLIED MATERIALS - COMMON STOCK - IRA — Int/Div

MICROSOFT CORP - COMMON STOCK - IRA — Int/Div

SELECT SECTOR SPDR TR UTILITIES COMMON STOCK - IRA — Int/Div

SELECT SECTOR SPDR TR MATERIALS - COMMON STOCK - IRA — Int/Div

DODGE & COX STOCK FUND MUTUAL FUND - IRA — Int/Div — BUY

CBS CORP - COMMON STOCK — Int/Div — SELL

VIACOM INCCLB -COMMON STOCK — None — SELL

TEMECULA VALLEY BANCORP COMMON STOCK — None — SELL

FIDELITY FUND (FFIDX) - MUTUAL FUND — Int/Div

GARTMORE MONEY MARKET MUTUAL FUND — Int/Div

MEREDITH CORP - IRA — Int/Div — BUY

117. CITIGROUP - IRA — Int/Div — "BUY

ENI SPA SPON ADR — Int/Div — BUY

FEDERATED STRATEGIC VALUE FUND #662 - IRA — Int/Div — BUY

OAKMARK INT'L #109 - IRA — Int/Div — BUY

HARBOR INT'L FUND #11 - [RA — Int/Div — BUY

TYCO ELECTRONICS LTD - IRA — Int/Div — SPINOFF/TYCC

COVIDIEN — Int/Div — CC

GOODYEAR TIRE & RUBBER — None — BUY

GOODYEAR TIRE & RUBBER — None — SELL

HEELYS INC — None — BUY

HEELYS INC — None — SELL

BAIDU COM INC SPON ADR — None — BUY

GOLDEN TELECOM INC — None — BUY

LIBERTY GLOBAL INC — None — BUY

S&P MID CAP 400 — Int/Div — BUY

ORRSTOWN FINANCIAL SERVICES — Int/Div — BUY

SUSQUEHANNA BANK — Int/Div — BUY

AMERICAN CENTURY MID CAP VALUE — Int/Div — BUY

BRIDGEWAY LARGE CAP GROWTH — Int/Div — BUY

CURRENCY SHARES - JAPENESE YEN — None — BUY

CURRENCY SHARES -JAPENESE YEN — None — SELL

NORFOLK SOUTHERN CORP — Int/Div — BUY

NORFOLK SOUTHERN CORP — None — SELL

POTASH CORP — None — BUY

POTASH CORP — None — SELL

ROWAN COS INC — None — BUY

ROWAN COS INC — None — SELL

VANGUARD SHORT TERM TREAS — Int/Div — BUY

VANGUARD SHORT TERM TREAS — None — SELL

NABORS INDUSTRIES — None — BUY

HERCULES OFFSHORE — None — BUY

SWEDISH EXPT CR CORP ELEMENTS — None — BUY

ANNALY CAPITAL MANAGMENT — Int/Div — BUY

SAN JUAN BASIN REALTY — Int/Div — BUY

WALT DISNEY CO — None — BUY

WALT DISNEY CO — None — SELL

APPLE COMPUTER — None — BUY

MID CAP S PDR TRUST MDY — Int/Div — BUY

VANGUARD MID CAP VO — Int/Div — BUY

VANGUARD VALUE VTV — Int/Div — BUY

CURRENCY SHARES - JAPENESE YEN — None — BUY

CURRENCY SHARES - JAPENESE YEN — None — SELL

MASSEY ENERGY — None — BUY

MASSEY ENERGY — None — SELL

PEABODY ENERGY — None — BUY

PEABODY ENERGY — None — SELL

FEDERATED STRATEGIC VALUE #662 IRA - SVAIX — Int/Div — BUY

EN, _ __________

5, ) hath Pm ox CF ZX MN

Reimbursement — INNSYLVANIA BAR SSOCIATION

Reimbursement — CABRINI COLLEGE — RADNOR, PA

Reimbursement — BEVERAGE CONTROL ASSOCIATION

Spouse's income — NOVA — LOS ANGELES, CA

Spouse's income — NATIONAL CENTER FOR STATE COURTS — NEW ORLEANS LA

Spouse's income — SCIENCE PRODUCERS

PART VII - INVESTMENTS AND TRUSTS

ITEM 18 - NAME CHANGE FROM NASDAQ 100 SHARES TO POWER SHARES QQQ TRUST.

ITEM 49 - NAME CORRECTION FROM GARTMORE NATIONWIDE MUTUAL FUND TO NATIONWIDE MUTUAL FUND.

ITEMS 79 AND 83 - NAME CHANGE FROM LEGACY TRUST M/M FUND - IRA TO FNB DAILY FUND - IRA.

DNP SELECT INCOME FUND - IRA WAS SOLD IN 2006 BUT ERRONEOUSLY SHOWN AT VALUE CODE J AT YEAR END.

GMAC SMART NOTES - IRA WERE REDEEMED IN 2006 BUT ERRONEOUSLY SHOWN AT VALUE CODE K AT YEAR END