William Fremming Nielsen

WFNSPWOLF

Cash Richards Merrill Peterson — Interest

Amer Intl Group — None — Sold

Amel Corp — None

Auto Data Proc. Com — Int/Div

Bank of America — Int/Div

Bamner Corp — Int/Div — Sold

Berkshire Hath — None

Cisco — Int/Div — Sold

Coca Cola — Int/Div

Com2l Inc — None

Eaton — Int/Div

Flextronics — None

Home Depot — Int/Div

Honeywell Intl — Int/Div

Nimois Tool Wks — Int/Div

Intel Com — Int/Div

Intuitive Surg — None

Johnson & Johnson Com — Int/Div

Medtronic — Int/Div

Microsoft — Int/Div

St Jude Med — Int/Div

Safeway — Int/Div

Stryker — Int/Div

Synaptics — None — Sold

WFNSP

Cash-INB — Interest

Inland NW. Venture Fund — None — Closed

NW Venture Assc Fund — None

WFNSPS3

AFLAC — Int/Div

Amer Exp Co — Int/Div

Ameriprise Fine — Int/Div

ARES Capital — Int/Div — Sold

Bank of America — Int/Div

Baxter Intl — Int/Div

Beckton Dickinsxon — Int/Div

Bed-Bath-B — None

Berk Hathwy Com — None

Caterpillar — Int/Div — Buy

Cisco — None

Coca Cola — Int/Div

Colgate Com — Int/Div

Disney Com — Int/Div

Eaton — Int/Div

Home Depot — Int/Div

Intel Corp — Int/Div

Johnson & Johnson — Int/Div

McDonalds Corp — Int/Div

Medtronic — Int/Div

NW Bancorp — Int/Div

NY Comm Bank — Int/Div — Sold

Oracle Corp — Int/Div

Pfizer — Int/Div

Proctor & Gamble Co — Int/Div

RPC Inc — Int/Div — Buy

Safeway — Int/Div

Starbuck's — Int/Div

SW. Airlines Com — Int/Div

Sysco — Int/Div

Target — Int/Div

Telefonica SA — Int/Div — Buy

Texas Inst — Int/Div

Tractor Supply — Int/Div

Walgreen Co — Int/Div

Waters Corp. — None

Wells Fargo & Co. — Int/Div

WFNSPDRSEA

Amer Intl Grp — None

Applied Materials — Int/Div — Sold

Bank of America — Distribution

Cash RBC — Interest

Chevron Corp. — Int/Div

Cisco — Int/Div — Sold

Deere & Co — Int/Div — Buy

Emerson Elec — Int/Div

Ericsson Tel Co — Int/Div

Hemz Com — Int/Div

Hewlett Packard — Int/Div

Home Depot — Int/Div — Sold

J. Hancock Bank & Thrift Fund — Int/Div

LP. Morgan Chase — Int/Div

Magna Intl — Int/Div — Buy

Medrronics Inc — Int/Div

Merck — Int/Div

Oracle Corp Com — Int/Div

Proctor & Gamble — Int/Div

Starbucks — Int/Div

TEVA — Int/Div

Union Pacific — Int/Div

MSN SP PTNRS-T1

Cash-<INB — Interest

Cash in Partners — Interest

AFLAC — Int/Div — Buy

American Exp — Int/Div — Sold

Ameriprise Fine — Int/Div — Sold

Berkshire Hath — None

Brightpoint — None

Broadcom — Int/Div — Buy

Broadcom — Int/Div — Sold

Caterpillar — Int/Div — Buy

Cisco — Int/Div — Buy

Citi Group — Int/Div — Sold

Costco — Int/Div

Costco — Int/Div — Buy

Exxon — Int/Div — Buy

Fiserv Inc — None

Flextronics — None — Sold

Home Depot — Int/Div

Income Fund of Amer — Int/Div — Buy

Intel Corp. — Int/Div

Johnson<Johnson — Int/Div

JP Morgan — Int/Div — Buy

LSI Logic — None

McDonalds — Int/Div — Buy

Medtronic — Int/Div — Sold

Microsoft — Int/Div

Nordstrom — Int/Div — Buy

Pepsi Co. — Int/Div — Buy

Southwest Airlines — Int/Div

Starbucks — Int/Div

Stryker — Int/Div

Sysco Corp. — Int/Div — Sold

Target — Int/Div — Sold

TEVA Pharm — Int/Div

TEVA Pharm — Int/Div — Buy

Waste Mgmt — Int/Div — Buy

Wells Fargo — Int/Div — Sold

Amer CAP Income — Int/Div — Buy

Amer Cent Int] Growth Fund — Int/Div — Sold

Bond Fund Amer — Int/Div — Buy

Income Fund Amer — Int/Div — Buy

ML Annuity Ret Plus 27 — Int/Div — Sold

Prin Cap App Fund — Int/Div — Sold

MSN SPPTINRS 2

Cash--PTNRS — Interest

Bed Bath Bevond — None

Home Depot — Int/Div

Minois Tool — Int/Div

Lord Abbett Affiliated Fund — Int/Div — Sold

Potash — Int/Div

Board Member, Spokane YMCA Endowment Commuttee

Board Member, Museum of Arts and Culture

Liability — Merrill Lynch — Margin Loan

None.