Israel Leo Glasser

American Tel. & Tel. — Int/Div

AT&T — Int/Div

Alcatel Lucent — Int/Div

PP. &L — Int/Div

Dayton P & L — Int/Div

Chevron Texaco Corp. — Int/Div

Nuveen Growth & Inc. Fd. (Large Cap. Va Tue) — Int/Div

Rochester Municipals — Int/Div

Rochester Ltd. Term — Int/Div

Burlington Northern Santa Fe — Int/Div

Exxon Mobil — Int/Div

General Electric — Int/Div

Conoco Phillips — Int/Div

Norfolk Southern — Int/Div

Pepsico,Inc — Int/Div

Scana Corp. — Int/Div

Washington Gas & Light — Int/Div

Nuveen Tax Ex. U. Tr. Ser. 202 — Interest

Ferris Baker Res. Fd — Interest

U.S. Treas. Bills — Interest

Energy East Corp. — Int/Div — Redeemed

HSBC — Interest

TIAA/CREF Mutual Fund — Int/Div

State of Israel — Interest

CMA NY Mun — Interest

Venzon — Int/Div

Axa — Int/Div

Nuveen NY Div MCPL — Int/Div

Merrill Lynch Bkg Adv — Int/Div

AVAYA — Int/Div

IBM — Int/Div

International Paper — Int/Div — Sold

Microsoft — Int/Div

Vodafone — Int/Div

Agere — Int/Div

Comcast — Int/Div

GE Capital Corp. SRNOTE 5.815 — Interest

American Capital — Int/Div

Blackrock Global formerly ML Global Alloc — Int/Div

Mutual Discovery — Int/Div

Citi Group Cap. X1 — Interest

Legg Mason Partners (formerly Smith Bar ney) — Int/Div

Blackrock Large Cap. — Int/Div

Davis NY Venture — Int/Div

Wachovia Cap. — Distribution

AT&T Pfd. Sr. Note — Distribution

Income — 0] — 1]