Thomas Francis Hogan

Ch. Ch. S&L — Interest

A FNMA — Int/Div

Cisco Systems — None

Agere Systems — Sell

Allied Capital Corp. — Int/Div

Mayor Cty Cou. Balt. — Interest — Buy

Md. State DOT Cons due 12/15/05 — Interest

PG Co. REDG Cons. — Matured

WSSC (due 06/01/11 — Called

Balt Co Cons Pub IMP duc 08/01/17 — Buy

Riggs Nat. Bk. Ch. Accts. — Interest

Sovereign Bancorp — Int/Div

OBA escrow — Interest

Gas Tank JL Ven. — Distribution

Atlas Gas Well — Royalty

Sussex Co., DE 1/2 int. — Rent

Adams Co., PA - country property — None

SB) Citibank deposit program — Interest — Smith Barney

Glenborough Rlty Tr. — Int/Div

Kinder Morgan, Inc. — Int/Div

Bonds:

FICO strip bond due 8/03/04 — None — n

FICO strips due 4/06/04 — None — nD

FICO Strips Gen. due 5/30/05 — None

FICO Strip C due 5/30/06 — None

TVACPN, 0420/10 — None — Buy

TVA CPN, 1/15/10 — None — Buy

TVACPN, 11/01/11 — None — Buy

FHLN Mig. Corp., 07/15/10 — None — Buy

Coca-Cola — Int/Div

Comcast Class A — None

Constellation — None

Dell Compuier — None

Scotts Co : — None

Comcast Cl. A SPL — None

E-Funds 01/03/01, spin off from Deluxe Corp — None

AIM Income Fund — Int/Div

Mort. See. Tr. CMO Ser 15 Int — Int/Div

Mutual Funds:

Europacific Growth — Int/Div — Buy

Ivy Global — None — Buy

Evergreen FD Class C — Int/Div — Sold

Templeton Emer. MKTS — Int/Div

IRA:

Gienborough Realty Corp. — Int/Div

Carmamerica Realty Corp. — Int/Div

FICO Strips Ser 5, 2/08/04 — None — Matured

Cert Accru Ser U, 8/15/10 — None

Callable TR, due 5/15/05 — None

Cert Accru Ser Z, 5/15/05 — None

Gwvt Tr. Cifs, 5/15/05 — None

Gvt. Tr. Cifs, 11/15/08 — None

GNMA Pass Thru, cpn 7/15/05 — Interest

FICO strips SR 10 5/30/06 — None — [-

FICO Strips SR 12, 6/6/06 — None

FICO Strips SR 8, 8/03/06 — None

FICO Strips SR 19, 12/06/12 — None

FHLN Mug, 1/15/10 — None — Buy

FNMA Strips, 201/10 — None — Buy

FNG 92 59D seq. cpn. 10/25/22 — Interest

Maryland Balto. Medical Cir due 070/1/25 — Interest

Exxon — Int/Div

Fannie Mac — Int/Div

Fed. Realty Inv. Tr. — Int/Div — explanation

Eli Lilly & Co. — Int/Div

Federal Express — Int/Div

En Bridge Energy Partners GE — Int/Div

BM — Int/Div

J.P. Morgan Chase — Int/Div

Kinder Mogan Encrgy — Int/Div

Medco — None — explanation

Liability — Alliance Mortgage (Formerly Known As Chase Home Mortgage) — Mart. 00 Country Propery

Liability — Nationsbank — Ge T Tien Is! Trust - Prof. Office Bldg. -

MRE Ny YIN

A.

C.

D.

Gross value at end of

Tramsactons dwning repuarting period

Cescripaam of Assets

reporting period

reporting

{inctudiug oust asses)

0)

@

m

2)

Mm

1F not exe:

from disclosure

@)

@)

“@

5)

Phec “(OQ" afc acl asset exemmpe

Amat

Value

Value

Type (cz

Grom price disclose

Code 1

Type

[C84

Mobwd

Month -

Value | Gam

\dentity of

&v. rent ot

Code 2

bay,

Code 2 | Code 1

bugeriselicr

(A-E)

int)

¢-€}

Code 1

| >

a»)

(AH)

(if pavate

QW

redengption)

Yamact}

145

Dreyfus Premier

see explanation

IE a I

146.

VKAAC Emerging Growth Class A

sce explanation

ET Rl al DE

T

147

VKAAC Emerg. Grwth.Class C reinvest divs. & buy

moathly

I Real IH I OE OR IR

148.

—— RL A A

Class C

149.

VKAAC Equity

=

Louisiana 6% 5-1-04 Gen. Oblig. Book Entry

le

NJ LEANER

|

|

lcd =e

el Hc 0 NE

Cs

155

Franklin Tax Free Trust High Yield Taxfree Income

Fad

=

wn JINN NU I

Eoin Nl Neue Tk Nill ON JE WN OR

). bu Gan Codes

A + 51.000 or leas

=3|.80152,200

Cc

= 52.901 45,000

= $5,001-S15.000

E

= $15,001-550.000

G

-£108,001-51.000.000

£81

- $1,080,801 S5.000,000 H2 = Mare than $5000.000

(Sec Coburg Bi and BY)

F =550,001-5100,00

2} Valoe Codes:

J]

= 515,000 ox bess

K

=$]5.801-550.080

L

=$30.001.51420 800

M <= 5100.00 |-9830 UK)

[]

bid}

w51,000.001-55000,000 PZ? =S5500,00:.525,000,000

(Six Columas CI and D3)

N

= $250 /0UB-3580 009

= $509.08(.51,000000

P3

= $25.000,00i 550,000 (00

P48 ~ Mort thao $50,000,000

- 07 3 BAAR nd Ens

Bm — ATA eal

Crt {Nonl Eande @nhvi

<

- AZSLITNAY

T

= CaslyMarket