UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 6/30/2007
Check here is Amendment [ ]; Amendment Number: __________
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: M&T Bank Corporation
Address: One M&T Plaza
Buffalo, NY 14240
Form 13-F File Number: 028-00267
This institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral part of this form.
Person Signing this Report on Behalf of Reporting Manager
Name: Mark Czarnecki
Title: President
Phone: (716) 842-5291
Signature, Place & Date of Signing:
Mark Czarnecki, President Buffalo, New York 8/1/2007
-------------------------- ------------------------ ------------------------
[Signature] [City, State] [Date]
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting managers
are reported in this report).
[ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all
holdings are reported by other reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this
reporting managers are reported in this report and a portion are reported
by other reporting managers(s).)
FORM 13-F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 4
Form 13-F Information Table Entry Total: 3,347
Form 13-F Information Table Value Total: 4,052,999
(thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column
headings and list entries.]
No. Form 13F File Number Name
--- -------------------- -------------------------------------
1 028-39800 Manufacturers & Traders Trust Company
2 028-10910 Zirkin-Cutler Investments, Inc.
3 028-10909 MTB Investment Advisors, Inc.
4 028-11878 M&T Trust Company of Delaware, Inc.
SEC USE _______________________________________
COLUMN 5
------------------------
COLUMN 6 COLUMN 8
SHARES INVESTMENT AUTHORITY VOTING AUTHORITY
COLUMN 2 COLUMN 4 OR SHARES PUT ---------------------- COLUMN 7 -------------------
COLUMN 1 TITLE OF COLUMN 3 VALUE PRINCIPAL OR OR SHARED - SHARED - OTHER
NAME OF ISSUER CLASS CUSIP (X $1,000) AMOUNT PRINCIPAL CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED OTHER
-------------- --------- --------- ---------- --------- --------- ---- ---- -------- -------- -------- ------ ------ -----
COMMUNITY BANKS INC COMMON
STOCK 203628102 489 14940 SHARES X 14940 0 0
FULTON FINANCIAL CORP COMMON
STOCK 360271100 5633 392282 SHARES X 392282 0 0
SALISBURY BANCORP INC COMMON
STOCK 795226109 187 5700 SHARES X 5700 0 0
WEBSTER FINANCIAL COMMON
CORP STOCK 947890109 486 11356 SHARES X 11356 0 0
ART TECHNOLOGY GROUP COMMON
STOCK 04289L107 327 122894 SHARES X 122894 0 0
3 COM CORP COM COMMON
STOCK 885535104 4 900 SHARES X 1 600 0 300
3M CO COMMON
STOCK 88579Y101 19326 222680 SHARES X 1 217826 0 4854
3M CO COMMON
STOCK 88579Y101 12472 143704 SHARES X 1 130569 0 13135
A C MOORE ARTS & COMMON
CRAFTS INC STOCK 00086T103 52 2630 SHARES X 1 2418 0 212
ABB LTD SPON ADR COMMON
STOCK 000375204 8 350 SHARES X 1 350 0 0
ABBOTT LABORATORIES COMMON
STOCK 002824100 12985 242486 SHARES X 1 240421 0 2065
ABBOTT LABORATORIES COMMON
STOCK 002824100 6639 123970 SHARES X 1 109150 0 14820
ABERCROMBIE & FITCH COMMON
CO CL A STOCK 002896207 697 9553 SHARES X 1 8318 0 1235
ABERCROMBIE & FITCH COMMON
CO CL A STOCK 002896207 35 475 SHARES X 1 300 0 175
ABERDEEN ASIA PREFERRED
PACIFIC INC FD STOCK 003009107 10 1500 SHARES X 1 N.A. N.A. N.A.
ABERDEEN AUSTRALIA PREFERRED
EQUITY FUND STOCK 003011103 17 1000 SHARES X 1 N.A. N.A. N.A.
ABN AMRO HOLDINGS NV COMMON
SPON ADR STOCK 000937102 16 350 SHARES X 1 350 0 0
ACCENTURE LTD-CL A COMMON
STOCK G1150G111 929 21671 SHARES X 1 21671 0 0
ACCENTURE LTD-CL A COMMON
STOCK G1150G111 532 12410 SHARES X 1 11775 0 635
ACCO BRANDS CORP COMMON
STOCK 00081T108 4 188 SHARES X 1 188 0 0
ACCO BRANDS CORP COMMON
STOCK 00081T108 5 210 SHARES X 1 185 0 25
ACERGY SA SP ADR COMMON
STOCK 00443E104 43 1900 SHARES X 1 1900 0 0
ACETO CORPORATION COMMON
STOCK 004446100 463 50000 SHARES X 1 50000 0 0
ACTIVISION INC COM COMMON
NEW STOCK 004930202 477 25565 SHARES X 1 23640 0 1925
ACTIVISION INC COM COMMON
NEW STOCK 004930202 28 1500 SHARES X 1 1500 0 0
ADAMS EXPRESS CO COM COMMON
STOCK 006212104 5 367 SHARES X 1 367 0 0
ADOBE SYS INC COM COMMON
STOCK 00724F101 80 2000 SHARES X 1 2000 0 0
ADOBE SYS INC COM COMMON
STOCK 00724F101 11 280 SHARES X 1 280 0 0
ADTRAN INC COM COMMON
STOCK 00738A106 219 8430 SHARES X 1 7810 0 620
ADVANCE AUTO PARTS COMMON
STOCK 00751Y106 15 365 SHARES X 1 365 0 0
ADVANCE AUTO PARTS COMMON
STOCK 00751Y106 30 750 SHARES X 1 750 0 0
ADVANCED MEDICAL COMMON
OPTICS INC STOCK 00763M108 2 44 SHARES X 1 44 0 0
ADVANCED MEDICAL COMMON
OPTICS INC STOCK 00763M108 4 118 SHARES X 1 118 0 0
ADVANCED MICRO COMMON
DEVICES INC COM STOCK 007903107 762 53270 SHARES X 1 52270 0 1000
ADVANCED MICRO COMMON
DEVICES INC COM STOCK 007903107 40 2825 SHARES X 1 2825 0 0
ADVANTAGE ENERGY COMMON
INCOME FUND STOCK 00762L101 253 18000 SHARES X 1 18000 0 0
AECOM TECHNOLOGY CORP COMMON
STOCK 00766T100 116 4680 SHARES X 1 4300 0 380
AEGON NV ORD AMER COMMON
REG SHS STOCK 007924103 204 10406 SHARES X 1 10406 0 0
AEROPOSTALE INC COMMON
STOCK 007865108 63 1520 SHARES X 1 1400 0 120
AES CORP COM COMMON
STOCK 00130H105 77 3500 SHARES X 1 3500 0 0
AES TRUST III PFD PREFERRED
CONV 6.75% 1 STOCK 00808N202 20 400 SHARES X 1 N.A. N.A. N.A.
AETNA INC NEW COM COMMON
STOCK 00817Y108 822 16640 SHARES X 1 16640 0 0
AFFILIATED COMPUTER COMMON
SVCS INC C STOCK 008190100 48 850 SHARES X 1 850 0 0
AFFILIATED MANAGERS COMMON
GROUP STOCK 008252108 511 3970 SHARES X 1 3787 0 183
AFFILIATED MANAGERS COMMON
GROUP STOCK 008252108 26 200 SHARES X 1 200 0 0
AFLAC INC COMMON
STOCK 001055102 3307 64329 SHARES X 1 64329 0 0
AFLAC INC COMMON
STOCK 001055102 326 6350 SHARES X 1 6350 0 0
AGCO CORP COM COMMON
STOCK 001084102 95 2180 SHARES X 1 2000 0 180
AGILENT TECHNOLOGIES COMMON
INC COM STOCK 00846U101 20 532 SHARES X 1 532 0 0
AGILENT TECHNOLOGIES COMMON
INC COM STOCK 00846U101 42 1105 SHARES X 1 495 0 610
AGL RESOURCES INC COM COMMON
STOCK 001204106 109 2700 SHARES X 1 2700 0 0
AGL RESOURCES INC COM COMMON
STOCK 001204106 325 8032 SHARES X 1 8032 0 0
AGNICO EAGLE MINES COMMON
LTD STOCK 008474108 5 150 SHARES X 1 150 0 0
AIR PRODUCTS & COMMON
CHEMICALS INC STOCK 009158106 1297 16144 SHARES X 1 16144 0 0
AIR PRODUCTS & COMMON
CHEMICALS INC STOCK 009158106 1400 17425 SHARES X 1 15675 0 1750
AK STEEL HOLDING COMMON
CORP COM STOCK 001547108 2 66 SHARES X 1 66 0 0
AKAMAI TECHNOLOGIES COMMON
INC COM STOCK 00971T101 1215 24975 SHARES X 1 24870 0 105
AKAMAI TECHNOLOGIES COMMON
INC COM STOCK 00971T101 126 2600 SHARES X 1 2600 0 0
ALASKA
COMMUNICATIONS COMMON
SYSTEMS STOCK 01167P101 65 4100 SHARES X 1 4100 0 0
ALBEMARLE CORP COM COMMON
STOCK 012653101 674 17500 SHARES X 1 17500 0 0
ALBEMARLE CORP COM COMMON
STOCK 012653101 817 21200 SHARES X 1 21200 0 0
ALBERTO-CULVER COMMON
COMPANY STOCK 013078100 2 100 SHARES X 1 100 0 0
ALCAN INC COMMON
STOCK 013716105 110 1350 SHARES X 1 1350 0 0
ALCATEL-LUCENT - COMMON
SPON ADR STOCK 013904305 72 5122 SHARES X 1 5122 0 0
ALCATEL-LUCENT - COMMON
SPON ADR STOCK 013904305 33 2391 SHARES X 1 2125 0 266
ALCOA INC COM COMMON
STOCK 013817101 5533 136510 SHARES X 1 133160 0 3350
ALCOA INC COM COMMON
STOCK 013817101 1700 41945 SHARES X 1 36535 0 5410
ALCON INC COMMON
STOCK H01301102 40 300 SHARES X 1 300 0 0
ALDILA INCORPORATED COMMON
NEW STOCK 014384200 1 66 SHARES X 1 66 0 0
ALEXION
PHARMACEUTICALS COMMON
INC CO STOCK 015351109 14 300 SHARES X 1 0 0 300
ALKERMES INC COM COMMON
STOCK 01642T108 30 2075 SHARES X 1 1900 0 175
ALLEGHENY ENERGY INC COMMON
STOCK 017361106 46 898 SHARES X 1 898 0 0
1 of 43
SEC USE _______________________________________
COLUMN 5
------------------------
COLUMN 6 COLUMN 8
SHARES INVESTMENT AUTHORITY VOTING AUTHORITY
COLUMN 2 COLUMN 4 OR SHARES PUT ---------------------- COLUMN 7 --------------------
COLUMN 1 TITLE OF COLUMN 3 VALUE PRINCIPAL OR OR SHARED - SHARED - OTHER
NAME OF ISSUER CLASS CUSIP (X $1,000) AMOUNT PRINCIPAL CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED OTHER
-------------- --------- --------- ---------- --------- --------- ---- ---- -------- -------- -------- ------ ------ ------
ALLEGHENY ENERGY INC COMMON
STOCK 017361106 197 3800 SHARES X 1 3500 0 300
ALLEGHENY
TECHNOLOGIES INC COMMON
COM STOCK 01741R102 101 962 SHARES X 1 962 0 0
ALLEGHENY
TECHNOLOGIES INC COMMON
COM STOCK 01741R102 50 481 SHARES X 1 0 0 481
ALLERGAN INC COMMON
STOCK 018490102 114 1970 SHARES X 1 1970 0 0
ALLERGAN INC COMMON
STOCK 018490102 96 1664 SHARES X 1 1664 0 0
ALLETE INC COMMON
STOCK 018522300 13 267 SHARES X 1 267 0 0
ALLETE INC COMMON
STOCK 018522300 72 1533 SHARES X 1 1533 0 0
ALLIANCEBERNSTEIN COMMON
HOLDING LP STOCK 01881G106 135 1550 SHARES X 1 1550 0 0
ALLIANCEBERNSTEIN COMMON
HOLDING LP STOCK 01881G106 157 1800 SHARES X 1 1800 0 0
ALLIANCEBERNSTEIN PREFERRED
INCOME FUND STOCK 01881E101 15 1892 SHARES X 1 N.A. N.A. N.A.
ALLIANCEBERNSTEIN PREFERRED
NATL MUNI IN STOCK 01864U106 15 1000 SHARES X 1 N.A. N.A. N.A.
ALLIANT ENERGY CORP COMMON
STOCK 018802108 13 342 SHARES X 1 342 0 0
ALLIANT TECHSYSTEMS COMMON
INC STOCK 018804104 13 127 SHARES X 1 127 0 0
ALLIANT TECHSYSTEMS COMMON
INC STOCK 018804104 40 405 SHARES X 1 405 0 0
ALLIED CAPITAL CORP COMMON
NEW COM STOCK 01903Q108 119 3850 SHARES X 1 3850 0 0
ALLIED CAPITAL CORP COMMON
NEW COM STOCK 01903Q108 63 2050 SHARES X 1 2050 0 0
ALLIED IRISH BKS COMMON
PLC-SPON ADR STOCK 019228402 65716 1195702 SHARES X 1 874784 10511 310407
ALLIED IRISH BKS COMMON
PLC-SPON ADR STOCK 019228402 23439 426465 SHARES X 1 341465 0 85000
ALLSCRIPTS
HEALTHCARE COMMON
SOLUTION STOCK 01988P108 4111 161329 SHARES X 1 158276 0 3053
ALLSTATE CORP COMMON
STOCK 020002101 2952 47992 SHARES X 1 45536 0 2456
ALLSTATE CORP COMMON
STOCK 020002101 1053 17121 SHARES X 1 16171 0 950
ALLTEL CORP COMMON
STOCK 020039103 516 7638 SHARES X 1 7638 0 0
ALLTEL CORP COMMON
STOCK 020039103 1872 27717 SHARES X 1 23517 0 4200
ALPHA NATURAL COMMON
RESOURCES STOCK 02076X102 65 3145 SHARES X 1 2900 0 245
ALTERA CORP COM COMMON
STOCK 021441100 69 3100 SHARES X 1 3100 0 0
ALTERA CORP COM COMMON
STOCK 021441100 7 300 SHARES X 1 300 0 0
ALTRIA GROUP INC COMMON
STOCK 02209S103 20849 297242 SHARES X 1 294892 0 2350
ALTRIA GROUP INC COMMON
STOCK 02209S103 10753 153306 SHARES X 1 146581 0 6725
AMAZON.COM INC COMMON
STOCK 023135106 7 100 SHARES X 1 0 0 100
AMBAC FINANCIAL COMMON
GROUP INC STOCK 023139108 479 5490 SHARES X 1 5490 0 0
AMBAC FINANCIAL COMMON
GROUP INC STOCK 023139108 256 2940 SHARES X 1 2940 0 0
AMERCO COMMON
STOCK 023586100 10 131 SHARES X 1 131 0 0
AMEREN CORP COMMON
STOCK 023608102 235 4805 SHARES X 1 4805 0 0
AMEREN CORP COMMON
STOCK 023608102 54 1100 SHARES X 1 1100 0 0
AMERICA MOVIL - ADR COMMON
SERIES A STOCK 02364W204 327 5300 SHARES X 1 5300 0 0
AMERICA MOVIL SA - COMMON
SPONS ADR S STOCK 02364W105 632 10200 SHARES X 1 10200 0 0
AMERICA MOVIL SA - COMMON
SPONS ADR S STOCK 02364W105 260 4200 SHARES X 1 1200 0 3000
AMERICAN CAPITAL COMMON
STRATEGIES LT STOCK 024937104 217 5100 SHARES X 1 5100 0 0
AMERICAN CAPITAL COMMON
STRATEGIES LT STOCK 024937104 60 1400 SHARES X 1 1400 0 0
AMERICAN EAGLE COMMON
OUTFITTER INC STOCK 02553E106 159 6190 SHARES X 1 5860 0 330
AMERICAN ELECTRIC COMMON
POWER CO INC STOCK 025537101 264 5855 SHARES X 1 5855 0 0
AMERICAN ELECTRIC COMMON
POWER CO INC STOCK 025537101 275 6112 SHARES X 1 3282 0 2830
AMERICAN ELECTRIC COMMON
TECHNOLOGIES STOCK 025576109 1 100 SHARES X 1 100 0 0
AMERICAN EXPRESS CO COMMON
STOCK 025816109 3987 65163 SHARES X 1 64563 0 600
AMERICAN EXPRESS CO COMMON
STOCK 025816109 1241 20284 SHARES X 1 17238 0 3046
AMERICAN FINANCIAL COMMON
GROUP INC STOCK 025932104 20 600 SHARES X 1 0 0 600
AMERICAN FINANCIAL COMMON
REALTY TRUS STOCK 02607P305 41 4000 SHARES X 1 N.A. N.A. N.A.
AMERICAN
INTERNATIONAL COMMON
GROUP I STOCK 026874107 23036 328941 SHARES X 1 322241 0 6700
AMERICAN
INTERNATIONAL COMMON
GROUP I STOCK 026874107 8139 116220 SHARES X 1 105596 0 10624
AMERICAN SCIENCE & COMMON
ENGINEERING STOCK 029429107 1023 18000 SHARES X 1 18000 0 0
AMERICAN SELECT PREFERRED
PORTFOLIO STOCK 029570108 17 1400 SHARES X 1 N.A. N.A. N.A.
AMERICAN STRATEGIC PREFERRED
INCOME II STOCK 030099105 21 1800 SHARES X 1 N.A. N.A. N.A.
AMERICAN STRATEGIC PREFERRED
INCOME III STOCK 03009T101 20 1700 SHARES X 1 N.A. N.A. N.A.
AMERICAN TECHNOLOGY COMMON
CORP STOCK 030145205 11 3000 SHARES X 1 3000 0 0
AMERICAN TOWER CORP COMMON
CL A STOCK 029912201 11 255 SHARES X 1 255 0 0
AMERICASBANK CORP COMMON
STOCK 03061G302 6 1000 SHARES X 1 1000 0 0
AMERIGAS PARTNERS LP COMMON
STOCK 030975106 11 300 SHARES X 1 300 0 0
AMERIGAS PARTNERS LP COMMON
STOCK 030975106 36 1000 SHARES X 1 1000 0 0
AMERIPRISE COMMON
FINANCIAL INC STOCK 03076C106 207 3256 SHARES X 1 3136 0 120
AMERIPRISE COMMON
FINANCIAL INC STOCK 03076C106 107 1682 SHARES X 1 1292 0 390
AMERIS BANCORP COMMON
STOCK 03076K108 3 123 SHARES X 1 123 0 0
AMERISOURCE BERGEN COMMON
CORP COM STOCK 03073E105 20 400 SHARES X 1 400 0 0
AMETEK AEROSPACE COMMON
PRODS INC COM STOCK 031100100 56 1413 SHARES X 1 1413 0 0
AMGEN INC COM COMMON
STOCK 031162100 11971 216519 SHARES X 1 212705 0 3814
AMGEN INC COM COMMON
STOCK 031162100 3411 61691 SHARES X 1 54536 0 7155
AMSURG CORP COMMON
STOCK 03232P405 19 800 SHARES X 1 800 0 0
AMTECH SYSTEMS INC COMMON
STOCK 032332504 18 2000 SHARES X 1 2000 0 0
ANADARKO PETROLEUM COMMON
CORP STOCK 032511107 1692 32536 SHARES X 1 31920 0 616
ANADARKO PETROLEUM COMMON
CORP STOCK 032511107 689 13250 SHARES X 1 8380 0 4870
ANALOG DEVICES INC COMMON
STOCK 032654105 23 600 SHARES X 1 0 0 600
ANGIODYNAMICS INC COMMON
STOCK 03475V101 94 5240 SHARES X 1 4800 0 440
ANGIODYNAMICS INC COMMON
STOCK 03475V101 2 137 SHARES X 1 137 0 0
ANGLO AMERICAN PLC COMMON
ADR STOCK 03485P102 7 250 SHARES X 1 250 0 0
ANGLO AMERICAN PLC COMMON
ADR STOCK 03485P102 12 400 SHARES X 1 400 0 0
ANGLOGOLD ASHANTI COMMON
SPON ADR STOCK 035128206 4 110 SHARES X 1 110 0 0
ANHEUSER BUSCH COS COMMON
INC COM STOCK 035229103 1257 24101 SHARES X 1 24101 0 0
ANHEUSER BUSCH COS COMMON
INC COM STOCK 035229103 1161 22257 SHARES X 1 22257 0 0
ANIKA THERAPEUTICS COMMON
INC COM STOCK 035255108 12 800 SHARES X 1 800 0 0
2 of 43
SEC USE _______________________________________
COLUMN 5
------------------------
COLUMN 6 COLUMN 8
SHARES INVESTMENT AUTHORITY VOTING AUTHORITY
COLUMN 2 COLUMN 4 OR SHARES PUT ---------------------- COLUMN 7 -------------------
COLUMN 1 TITLE OF COLUMN 3 VALUE PRINCIPAL OR OR SHARED - SHARED - OTHER
NAME OF ISSUER CLASS CUSIP (X $1,000) AMOUNT PRINCIPAL CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED OTHER
-------------- --------- --------- ---------- --------- --------- ---- ---- -------- -------- -------- ------ ------ -----
ANNALY CAPITAL COMMON
MANAGEMENT INC STOCK 035710409 18 1250 SHARES X 1 N.A. N.A. N.A.
ANNALY CAPITAL COMMON
MANAGEMENT INC STOCK 035710409 27 1900 SHARES X 1 N.A. N.A. N.A.
ANNAPOLIS BANCORP COMMON
INCORPORATED STOCK 035848100 13 1333 SHARES X 1 1333 0 0
ANSYS INC COM COMMON
STOCK 03662Q105 284 10708 SHARES X 1 9888 0 820
ANTHRACITE CAPITAL COMMON
INC COM STOCK 037023108 26 2193 SHARES X 1 N.A. N.A. N.A.
AON CORP COM COMMON
STOCK 037389103 294 6900 SHARES X 1 6900 0 0
APACHE CORP COM COMMON
STOCK 037411105 2547 31214 SHARES X 1 31214 0 0
APACHE CORP COM COMMON
STOCK 037411105 714 8756 SHARES X 1 8546 0 210
APARTMENT INVT & COMMON
MGMT CL A STOCK 03748R101 5 100 SHARES X 1 N.A. N.A. N.A.
APARTMENT INVT & COMMON
MGMT CL A STOCK 03748R101 10 200 SHARES X 1 N.A. N.A. N.A.
APOLLO INVESTMENT PREFERRED
CORPORATION STOCK 03761U106 32 1500 SHARES X 1 N.A. N.A. N.A.
APOLLO INVESTMENT PREFERRED
CORPORATION STOCK 03761U106 17 800 SHARES X 1 N.A. N.A. N.A.
APPLE INC COMMON
STOCK 037833100 7910 64811 SHARES X 1 63561 0 1250
APPLE INC COMMON
STOCK 037833100 915 7500 SHARES X 1 5590 0 1910
APPLERA CORP-APPLIED COMMON
BIOSYSTEM STOCK 038020103 37 1200 SHARES X 1 1200 0 0
APPLERA CORP-CELERA COMMON
GENOMICS G STOCK 038020202 7 600 SHARES X 1 600 0 0
APPLIED MATERIALS COMMON
INC COM STOCK 038222105 710 35731 SHARES X 1 34731 0 1000
APPLIED MATERIALS COMMON
INC COM STOCK 038222105 106 5340 SHARES X 1 4640 0 700
AQUA AMERICA INC COMMON
STOCK 03836W103 115 5109 SHARES X 1 5109 0 0
AQUA AMERICA INC COMMON
STOCK 03836W103 6 258 SHARES X 1 258 0 0
ARCELOR MITTAL - CL COMMON
A-NY REG STOCK 03937E101 6 100 SHARES X 1 100 0 0
ARCHER DANIELS COMMON
MIDLAND CO COM STOCK 039483102 535 16164 SHARES X 1 16164 0 0
ARCHER DANIELS COMMON
MIDLAND CO COM STOCK 039483102 219 6615 SHARES X 1 1115 0 5500
ARCHSTONE-SMITH COMMON
TRUST (REIT) STOCK 039583109 125 2116 SHARES X 1 N.A. N.A. N.A.
ARCHSTONE-SMITH COMMON
TRUST (REIT) STOCK 039583109 174 2947 SHARES X 1 N.A. N.A. N.A.
ARGONAUT GROUP COMMON
STOCK 040157109 11 366 SHARES X 1 366 0 0
ARIAD COMMON
PHARMACEUTICALS INC STOCK 04033A100 23 4200 SHARES X 1 3850 0 350
ARIBA INC COMMON
STOCK 04033V203 0 5 SHARES X 1 5 0 0
ARQULE INC COMMON
STOCK 04269E107 32 4500 SHARES X 1 4100 0 400
ARROW INTERNATIONAL COMMON
INC STOCK 042764100 54 1400 SHARES X 1 1400 0 0
ARROW INTERNATIONAL COMMON
INC STOCK 042764100 46 1200 SHARES X 1 1000 0 200
ARTESIAN RESOURCES COMMON
CORPORATION STOCK 043113208 96 5016 SHARES X 1 3891 0 1125
ARTHROCARE CORP COMMON
STOCK 043136100 18 400 SHARES X 1 400 0 0
ASA LTD PREFERRED
STOCK G3156P103 65 1000 SHARES X 1 N.A. N.A. N.A.
ASHLAND INC COMMON
STOCK 044209104 14 225 SHARES X 1 225 0 0
ASTORIA FINANCIAL COMMON
CORP COM STOCK 046265104 3 100 SHARES X 1 100 0 0
ASTRAZENECA GROUP COMMON
PLC SPONSORE STOCK 046353108 112 2095 SHARES X 1 2095 0 0
ASTRAZENECA GROUP COMMON
PLC SPONSORE STOCK 046353108 25 461 SHARES X 1 461 0 0
AT&T INC COMMON
STOCK 00206R102 26794 645646 SHARES X 1 636788 0 8858
AT&T INC COMMON
STOCK 00206R102 17665 425652 SHARES X 1 378325 0 47327
ATLAS PIPELINE COMMON
PARTNERS LP STOCK 049392103 11 200 SHARES X 1 200 0 0
AUTODESK COM COMMON
STOCK 052769106 2787 59200 SHARES X 1 57628 0 1572
AUTODESK COM COMMON
STOCK 052769106 77 1630 SHARES X 1 1630 0 0
AUTOMATIC DATA COMMON
PROCESSING INC STOCK 053015103 3159 65177 SHARES X 1 63727 0 1450
AUTOMATIC DATA COMMON
PROCESSING INC STOCK 053015103 2449 50516 SHARES X 1 45356 0 5160
AVALONBAY COMMON
COMMUNITIES INC STOCK 053484101 36 300 SHARES X 1 N.A. N.A. N.A.
AVATAR HOLDINGS COMMON
INCORPORATED STOCK 053494100 469 6100 SHARES X 1 6100 0 0
AVAYA INC COM COMMON
STOCK 053499109 7 407 SHARES X 1 407 0 0
AVAYA INC COM COMMON
STOCK 053499109 12 714 SHARES X 1 701 0 13
AVERY DENNISON CORP COMMON
COM STOCK 053611109 10 155 SHARES X 1 155 0 0
AVERY DENNISON CORP COMMON
COM STOCK 053611109 53 800 SHARES X 1 800 0 0
AVID TECHNOLOGY INC COMMON
STOCK 05367P100 18 500 SHARES X 1 500 0 0
AVIS BUDGET GROUP INC COMMON
STOCK 053774105 1 25 SHARES X 1 25 0 0
AVNET INC COM COMMON
STOCK 053807103 20 500 SHARES X 1 500 0 0
AVON PRODUCTS INC COMMON
STOCK 054303102 135 3660 SHARES X 1 3660 0 0
AVON PRODUCTS INC COMMON
STOCK 054303102 288 7844 SHARES X 1 7844 0 0
AXA SPONSORED ADR COMMON
STOCK 054536107 10 236 SHARES X 1 236 0 0
AXCELIS TECHNOLOGIES COMMON
INC COM STOCK 054540109 17 2652 SHARES X 1 2652 0 0
B & G FOODS INC - EIS COMMON
STOCK 05508R205 35 1750 SHARES X 1 1750 0 0
BADGER METER INC COMMON
STOCK 056525108 237 8400 SHARES X 1 8400 0 0
BAKER HUGHES INC COM COMMON
STOCK 057224107 95 1133 SHARES X 1 1133 0 0
BAKER HUGHES INC COM COMMON
STOCK 057224107 55 650 SHARES X 1 650 0 0
BALL CORPORATION COMMON
STOCK 058498106 1276 24000 SHARES X 1 24000 0 0
BALLARD POWER SYSTEM COMMON
INC STOCK 05858H104 2 300 SHARES X 1 300 0 0
BANCORP RHODE ISLAND COMMON
INC STOCK 059690107 5 135 SHARES X 1 135 0 0
BANK AMER CORP COMMON
STOCK 060505104 23823 487285 SHARES X 1 477836 0 9449
BANK AMER CORP COMMON
STOCK 060505104 10583 216473 SHARES X 1 199546 0 16927
BANK NEW YORK INC COM COMMON
STOCK 064057102 3097 74735 SHARES X 1 72835 0 1900
BANK NEW YORK INC COM COMMON
STOCK 064057102 1114 26881 SHARES X 1 25231 0 1650
BANK OF HAWAII CORP COMMON
STOCK 062540109 10 200 SHARES X 1 200 0 0
BANK OF IRELAND COMMON
SPONSORED ADR STOCK 46267Q103 8 100 SHARES X 1 100 0 0
BANK OF IRELAND COMMON
SPONSORED ADR STOCK 46267Q103 203 2500 SHARES X 1 2500 0 0
BARCLAYS PLC - SPONS COMMON
ADR STOCK 06738E204 223 4000 SHARES X 1 4000 0 0
BARD C R INC COM COMMON
STOCK 067383109 58 700 SHARES X 1 700 0 0
BARD C R INC COM COMMON
STOCK 067383109 331 4000 SHARES X 1 4000 0 0
BARR PHARMACEUTICALS COMMON
INC STOCK 068306109 70 1391 SHARES X 1 1391 0 0
BARRICK GOLD CORP COMMON
STOCK 067901108 28 974 SHARES X 1 974 0 0
BARRICK GOLD CORP COMMON
STOCK 067901108 151 5200 SHARES X 1 5100 0 100
3 of 43
SEC USE _______________________________________
COLUMN 5
------------------------
COLUMN 6 COLUMN 8
SHARES INVESTMENT AUTHORITY VOTING AUTHORITY
COLUMN 2 COLUMN 4 OR SHARES PUT ---------------------- COLUMN 7 -------------------
COLUMN 1 TITLE OF COLUMN 3 VALUE PRINCIPAL OR OR SHARED - SHARED - OTHER
NAME OF ISSUER CLASS CUSIP (X $1,000) AMOUNT PRINCIPAL CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED OTHER
-------------- --------- --------- ---------- --------- --------- ---- ---- -------- -------- -------- ------ ------ -----
BAUSCH & LOMB INC COM COMMON
STOCK 071707103 3 50 SHARES X 1 50 0 0
BAXTER INTL INC COMMON
STOCK 071813109 946 16789 SHARES X 1 16789 0 0
BAXTER INTL INC COMMON
STOCK 071813109 490 8699 SHARES X 1 8699 0 0
BAY NATIONAL COMMON
CORPORATION STOCK 072500101 16 990 SHARES X 1 990 0 0
BAYER AG SPONSORED COMMON
ADR STOCK 072730302 75 1000 SHARES X 1 1000 0 0
BB&T CORP COM COMMON
STOCK 054937107 1293 31782 SHARES X 1 28754 0 3028
BB&T CORP COM COMMON
STOCK 054937107 954 23440 SHARES X 1 21874 0 1566
BEAR STEARNS COS INC COMMON
STOCK 073902108 143 1020 SHARES X 1 1020 0 0
BEAR STEARNS COS INC COMMON
STOCK 073902108 169 1206 SHARES X 1 1206 0 0
BECKMAN COULTER INC COMMON
STOCK 075811109 144 2228 SHARES X 1 1680 0 548
BECTON DICKINSON & COMMON
CO COM STOCK 075887109 238 3189 SHARES X 1 3189 0 0
BECTON DICKINSON & COMMON
CO COM STOCK 075887109 775 10400 SHARES X 1 10400 0 0
BED BATH & BEYOND COMMON
INC COM STOCK 075896100 152 4210 SHARES X 1 4210 0 0
BED BATH & BEYOND COMMON
INC COM STOCK 075896100 41 1140 SHARES X 1 1140 0 0
BELO CORPORATION CL A COMMON
STOCK 080555105 95 4600 SHARES X 1 4250 0 350
BEMIS INC COMMON
STOCK 081437105 27 800 SHARES X 1 800 0 0
BENCHMARK COMMON
ELECTRONICS INC STOCK 08160H101 4 172 SHARES X 1 172 0 0
BERKSHIRE HATHAWAY COMMON
INC CLASS A STOCK 084670108 328 3 SHARES X 1 3 0 0
BERKSHIRE HATHAWAY COMMON
INC CLASS B STOCK 084670207 973 270 SHARES X 1 270 0 0
BERKSHIRE HATHAWAY COMMON
INC CLASS B STOCK 084670207 671 186 SHARES X 1 171 0 15
BEST BUY INC COM COMMON
STOCK 086516101 304 6523 SHARES X 1 6523 0 0
BEST BUY INC COM COMMON
STOCK 086516101 117 2512 SHARES X 1 2512 0 0
BHP BILLITON LTD COMMON
SPONSORED ADR STOCK 088606108 182 3050 SHARES X 1 3050 0 0
BHP BILLITON LTD COMMON
SPONSORED ADR STOCK 088606108 217 3632 SHARES X 1 2600 0 1032
BIG 5 SPORTING GOODS COMMON
CORP STOCK 08915P101 68 2665 SHARES X 1 2450 0 215
BIOANALYTICAL COMMON
SYSTEMS INCORPOR STOCK 09058M103 0 16 SHARES X 1 16 0 0
BIOGEN IDEC INC COMMON
STOCK 09062X103 824 15399 SHARES X 1 15399 0 0
BIOGEN IDEC INC COMMON
STOCK 09062X103 144 2696 SHARES X 1 2186 0 510
BIOMARIN COMMON
PHARMACEUTICAL INC STOCK 09061G101 31 1750 SHARES X 1 1600 0 150
BIOMET COM COMMON
STOCK 090613100 15 320 SHARES X 1 320 0 0
BIOTECH HOLDRS TRUST COMMON
STOCK 09067D201 10 60 SHARES X 1 60 0 0
BIOVAIL CORP COMMON
STOCK 09067J109 31 1226 SHARES X 1 1226 0 0
BJ SVCS CO COM COMMON
STOCK 055482103 6 200 SHARES X 1 200 0 0
BJ SVCS CO COM COMMON
STOCK 055482103 50 1765 SHARES X 1 1765 0 0
BLACK & DECKER CORP COMMON
COM STOCK 091797100 291 3300 SHARES X 1 3300 0 0
BLACK & DECKER CORP COMMON
COM STOCK 091797100 1658 18776 SHARES X 1 18776 0 0
BLACK HILLS CORP COMMON
STOCK 092113109 72 1800 SHARES X 1 1800 0 0
BLACKROCK APEX PREFERRED
MUNICIPAL FUND STOCK 09254H106 10 1000 SHARES X 1 N.A. N.A. N.A.
BLACKROCK APEX PREFERRED
MUNICIPAL FUND STOCK 09254H106 21 2027 SHARES X 1 N.A. N.A. N.A.
BLACKROCK DEBT PREFERRED
STRATEGIES FUND STOCK 09255R103 104 14500 SHARES X 1 N.A. N.A. N.A.
BLACKROCK
DIVERSIFIED INC PREFERRED
STRA STOCK 09255W102 6 300 SHARES X 1 N.A. N.A. N.A.
BLACKROCK DIVIDEND PREFERRED
ACHIEVERS T STOCK 09250N107 99 6750 SHARES X 1 N.A. N.A. N.A.
BLACKROCK ENHANCED PREFERRED
DVD ACHIEVE STOCK 09251A104 145 10000 SHARES X 1 N.A. N.A. N.A.
BLACKROCK ENHANCED PREFERRED
DVD ACHIEVE STOCK 09251A104 10 680 SHARES X 1 N.A. N.A. N.A.
BLACKROCK GLOBAL PREFERRED
ENERGY & RESO STOCK 09250U101 37 1200 SHARES X 1 N.A. N.A. N.A.
BLACKROCK HEALTH PREFERRED
SCIENCES TRUS STOCK 09250W107 133 5000 SHARES X 1 N.A. N.A. N.A.
BLACKROCK INC COMMON
STOCK 09247X101 47 300 SHARES X 1 300 0 0
BLACKROCK INSD MUNI PREFERRED
2008 TERM STOCK 09247K109 62 4050 SHARES X 1 N.A. N.A. N.A.
BLACKROCK INSD MUNI PREFERRED
TERM TR STOCK 092474105 17 1750 SHARES X 1 N.A. N.A. N.A.
BLACKROCK
MUNIENHANCED FUND PREFERRED
IN STOCK 09253Y100 21 2032 SHARES X 1 N.A. N.A. N.A.
BLACKROCK MUNIHLDGS PREFERRED
NJ INSURED STOCK 09254X101 44 3050 SHARES X 1 N.A. N.A. N.A.
BLACKROCK MUNIHLDGS PREFERRED
NY INSURED STOCK 09255C106 41 3050 SHARES X 1 N.A. N.A. N.A.
BLACKROCK MUNIYLD PREFERRED
CALIFORNIA I STOCK 09254N103 42 3050 SHARES X 1 N.A. N.A. N.A.
BLACKROCK MUNIYLD PREFERRED
FUND INC STOCK 09253W104 15 1000 SHARES X 1 N.A. N.A. N.A.
BLACKROCK MUNIYLD PREFERRED
NEW YORK INS STOCK 09255E102 21 1601 SHARES X 1 N.A. N.A. N.A.
BLACKROCK MUNIYLD PREFERRED
PENNSYLVANIA STOCK 09255G107 17 1181 SHARES X 1 N.A. N.A. N.A.
BLACKROCK MUNIYLD PREFERRED
QUALITY FUND STOCK 09254G108 83 6850 SHARES X 1 N.A. N.A. N.A.
BLACKROCK NY INS PREFERRED
MUNI 2008 TER STOCK 09247L107 11 750 SHARES X 1 N.A. N.A. N.A.
BLACKROCK STRAT DVD PREFERRED
ACHV TRS STOCK 09249Y107 20 1400 SHARES X 1 N.A. N.A. N.A.
BLDRS EMERGING PREFERRED
MARKETS 50 ADR STOCK 09348R300 8 172 SHARES X 1 N.A. N.A. N.A.
BLOCK H & R INC COMMON
STOCK 093671105 83 3532 SHARES X 1 3532 0 0
BLOCK H & R INC COMMON
STOCK 093671105 150 6400 SHARES X 1 6400 0 0
BLUE CHIP VALUE FUND PREFERRED
INC STOCK 095333100 12 1920 SHARES X 1 N.A. N.A. N.A.
BOEING CO COM COMMON
STOCK 097023105 2477 25763 SHARES X 1 25763 0 0
BOEING CO COM COMMON
STOCK 097023105 1078 11207 SHARES X 1 11207 0 0
BOK FINANCIAL COMMON
CORPORATION STOCK 05561Q201 1 11 SHARES X 1 11 0 0
BON-TON STORES COMMON
INCORPORATED STOCK 09776J101 1602 40000 SHARES X 1 40000 0 0
BORDERS GROUP INC COM COMMON
STOCK 099709107 21 1100 SHARES X 1 1100 0 0
BOSTON BEER COMMON
INCORPORATED CLASS STOCK 100557107 2 50 SHARES X 1 50 0 0
BOSTON BEER COMMON
INCORPORATED CLASS STOCK 100557107 4 100 SHARES X 1 100 0 0
BOSTON PROPERTIES COMMON
INC (REIT) STOCK 101121101 537 5262 SHARES X 1 N.A. N.A. N.A.
BOSTON PROPERTIES COMMON
INC (REIT) STOCK 101121101 306 3000 SHARES X 1 N.A. N.A. N.A.
BOSTON SCIENTIFIC COMMON
CORP COM STOCK 101137107 112 7287 SHARES X 1 7287 0 0
BOSTON SCIENTIFIC COMMON
CORP COM STOCK 101137107 91 5947 SHARES X 1 5947 0 0
BOULDER TOTAL RETURN PREFERRED
FUND INC STOCK 101541100 41 1900 SHARES X 1 N.A. N.A. N.A.
BP PLC SPONSORED ADR COMMON
STOCK 055622104 18360 254512 SHARES X 1 253528 0 984
BP PLC SPONSORED ADR COMMON
STOCK 055622104 13760 190746 SHARES X 1 172788 0 17958
BRADLEY COMMON
PHARMACEUTICALS INC STOCK 104576103 38 1750 SHARES X 1 1600 0 150
4 of 43
SEC USE _______________________________________
COLUMN 5
------------------------
COLUMN 6 COLUMN 8
SHARES INVESTMENT AUTHORITY VOTING AUTHORITY
COLUMN 2 COLUMN 4 OR SHARES PUT ---------------------- COLUMN 7 -------------------
COLUMN 1 TITLE OF COLUMN 3 VALUE PRINCIPAL OR OR SHARED - SHARED - OTHER
NAME OF ISSUER CLASS CUSIP (X $1,000) AMOUNT PRINCIPAL CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED OTHER
-------------- --------- --------- ---------- --------- --------- ---- ---- -------- -------- -------- ------ ------ -----
BRANDYWINE REALTY COMMON
TRUST (REIT) STOCK 105368203 43 1500 SHARES X 1 N.A. N.A. N.A.
BRIGHTPOINT INC COMMON
STOCK 109473405 2 165 SHARES X 1 165 0 0
BRINKER INTL INC COM COMMON
STOCK 109641100 1005 34349 SHARES X 1 34000 0 349
BRINKER INTL INC COM COMMON
STOCK 109641100 540 18464 SHARES X 1 18464 0 0
BRISTOL-MYERS SQUIBB COMMON
CO STOCK 110122108 9981 316259 SHARES X 1 315859 0 400
BRISTOL-MYERS SQUIBB COMMON
CO STOCK 110122108 9080 287698 SHARES X 1 257158 0 30540
BROADCOM CORP CL A COMMON
STOCK 111320107 628 21475 SHARES X 1 21475 0 0
BROADRIDGE FINANCIAL COMMON
SOLUTIONS STOCK 11133T103 317 16596 SHARES X 1 15906 0 690
BROADRIDGE FINANCIAL COMMON
SOLUTIONS STOCK 11133T103 117 6116 SHARES X 1 6116 0 0
BROOKFIELD HOMES COMMON
CORPORATION STOCK 112723101 99 3400 SHARES X 1 3400 0 0
BROWN-FORMAN CORP CL COMMON
B STOCK 115637209 22 300 SHARES X 1 300 0 0
BRUNSWICK CORP COM COMMON
STOCK 117043109 4 120 SHARES X 1 120 0 0
BRUSH ENGINEERED COMMON
MATERIALS INC STOCK 117421107 77 1835 SHARES X 1 1700 0 135
BRYN MAWR BANK COMMON
CORPORATION STOCK 117665109 262 11392 SHARES X 1 11392 0 0
BT GROUP PLC-SPON ADR COMMON
STOCK 05577E101 17 250 SHARES X 1 250 0 0
BUCKEYE PARTNERS LP COMMON
UNIT LTD P STOCK 118230101 46 900 SHARES X 1 900 0 0
BUCYRUS COMMON
INTERNATIONAL INC-A STOCK 118759109 92 1305 SHARES X 1 1200 0 105
BURLINGTON NORTHERN COMMON
SANTA FE C STOCK 12189T104 3886 45644 SHARES X 1 44165 0 1479
BURLINGTON NORTHERN COMMON
SANTA FE C STOCK 12189T104 1146 13462 SHARES X 1 12262 0 1200
CA INC COMMON
STOCK 12673P105 139 5393 SHARES X 1 5393 0 0
CABELA'S INC -CLASS A COMMON
STOCK 126804301 17 755 SHARES X 1 755 0 0
CABOT OIL & GAS CORP COMMON
STOCK 127097103 33 904 SHARES X 1 904 0 0
CACHE INC COMMON
STOCK 127150308 119 8940 SHARES X 1 8275 0 665
CADBURY SCHWEPPES COMMON
PLC SPONS AD STOCK 127209302 6 108 SHARES X 1 108 0 0
CADENCE DESIGN SYS COMMON
INC STOCK 127387108 27 1250 SHARES X 1 1250 0 0
CADENCE DESIGN SYS COMMON
INC STOCK 127387108 37 1700 SHARES X 1 1700 0 0
CAL DIVE COMMON
INTERNATIONAL INC STOCK 12802T101 140 8400 SHARES X 1 7700 0 700
CALAMOS CONV & HIGH PREFERRED
INC FD STOCK 12811P108 73 4500 SHARES X 1 N.A. N.A. N.A.
CALAMOS STRATEGIC PREFERRED
TOT RET FD STOCK 128125101 8 500 SHARES X 1 N.A. N.A. N.A.
CALLAWAY GOLF CO COM COMMON
STOCK 131193104 0 23 SHARES X 1 23 0 0
CAMDEN PROPERTY COMMON
TRUST (REIT) STOCK 133131102 67 1000 SHARES X 1 N.A. N.A. N.A.
CAMECO CORPORATION COMMON
STOCK 13321L108 23 450 SHARES X 1 450 0 0
CAMERON COMMON
INTERNATIONAL CORP STOCK 13342B105 71 1000 SHARES X 1 1000 0 0
CAMPBELL SOUP CO COM COMMON
STOCK 134429109 146 3750 SHARES X 1 3750 0 0
CAMPBELL SOUP CO COM COMMON
STOCK 134429109 186 4800 SHARES X 1 4800 0 0
CANADIAN NATIONAL COMMON
RAILWAY COMP STOCK 136375102 154 3025 SHARES X 1 3025 0 0
CANADIAN NATURAL COMMON
RESOURCES LTD STOCK 136385101 100 1500 SHARES X 1 1500 0 0
CANON INC SPONS ADR COMMON
STOCK 138006309 29 500 SHARES X 1 500 0 0
CANTEL MEDICAL COMMON
CORPORATION STOCK 138098108 54 3187 SHARES X 1 2947 0 240
CAPELLA EDUCATION COMMON
COMPANY STOCK 139594105 66 1425 SHARES X 1 1300 0 125
CAPITAL ONE COMMON
FINANCIAL CORP STOCK 14040H105 5938 75703 SHARES X 1 73902 0 1801
CAPITAL ONE COMMON
FINANCIAL CORP STOCK 14040H105 2343 29864 SHARES X 1 23989 0 5875
CAPITALSOURCE INC COMMON
STOCK 14055X102 219 8917 SHARES X 1 8487 0 430
CAPITALSOURCE INC COMMON
STOCK 14055X102 20 800 SHARES X 1 800 0 0
CARDINAL HEALTH INC COMMON
STOCK 14149Y108 293 4152 SHARES X 1 4152 0 0
CARDINAL HEALTH INC COMMON
STOCK 14149Y108 295 4173 SHARES X 1 4173 0 0
CARDIOME PHARMA CORP COMMON
STOCK 14159U202 58 6300 SHARES X 1 6300 0 0
CAREER EDUCATION COMMON
CORP COM STOCK 141665109 22 640 SHARES X 1 640 0 0
CARLISLE COMPANIES COMMON
INC STOCK 142339100 37 800 SHARES X 1 0 0 800
CARLISLE COMPANIES COMMON
INC STOCK 142339100 2079 44700 SHARES X 1 44000 0 700
CARMAX INC COMMON
STOCK 143130102 111 4351 SHARES X 1 4351 0 0
CARMAX INC COMMON
STOCK 143130102 33 1302 SHARES X 1 1302 0 0
CARNIVAL CORPORATION COMMON
STOCK 143658300 4818 98781 SHARES X 1 98066 0 715
CARNIVAL CORPORATION COMMON
STOCK 143658300 765 15691 SHARES X 1 14591 0 1100
CARPENTER TECHNOLOGY COMMON
CORP COM STOCK 144285103 360 2764 SHARES X 1 1964 0 800
CARROLLTON BANCORP COMMON
STOCK 145282109 8 462 SHARES X 1 462 0 0
CATERPILLAR INC COMMON
STOCK 149123101 6347 81058 SHARES X 1 77514 0 3544
CATERPILLAR INC COMMON
STOCK 149123101 836 10679 SHARES X 1 7589 0 3090
CAVCO INDUSTRIES, COMMON
INC. STOCK 149568107 2 60 SHARES X 1 60 0 0
CBS CORP CL A COMMON
STOCK 124857103 7 225 SHARES X 1 225 0 0
CBS CORP CL B COMMON
STOCK 124857202 321 9631 SHARES X 1 9631 0 0
CBS CORP CL B COMMON
STOCK 124857202 189 5672 SHARES X 1 5347 0 325
C-COR INC COMMON
STOCK 125010108 91 6500 SHARES X 1 6500 0 0
C-COR INC COMMON
STOCK 125010108 844 60000 SHARES X 1 60000 0 0
CECO ENVIRONMENTAL COMMON
CORP STOCK 125141101 118 10300 SHARES X 1 9461 0 839
CEDAR FAIR LTD PTR COMMON
STOCK 150185106 14 500 SHARES X 1 500 0 0
CELGENE CORP COM COMMON
STOCK 151020104 32 550 SHARES X 1 550 0 0
CELGENE CORP COM COMMON
STOCK 151020104 69 1200 SHARES X 1 1200 0 0
CENTERLINE HOLDING CO COMMON
STOCK 15188T108 21 1150 SHARES X 1 1150 0 0
CENTERLINE HOLDING CO COMMON
STOCK 15188T108 97 5406 SHARES X 1 5406 0 0
CENTERPLATE INC-IDS COMMON
STOCK 15200E204 19 1100 SHARES X 1 1100 0 0
CENTERPOINT ENERGY COMMON
INC STOCK 15189T107 41 2332 SHARES X 1 2332 0 0
CENTEX CORP COMMON
STOCK 152312104 124 3100 SHARES X 1 3100 0 0
CENTEX CORP COMMON
STOCK 152312104 38 950 SHARES X 1 950 0 0
CENTRAL SECURITIES PREFERRED
CORP STOCK 155123102 40 1379 SHARES X 1 N.A. N.A. N.A.
CENTURY ALUMINUM COMMON
COMPANY STOCK 156431108 273 5000 SHARES X 1 4900 0 100
CENTURYTEL INC COM COMMON
STOCK 156700106 113 2300 SHARES X 1 2300 0 0
CEPHALON INC COM COMMON
STOCK 156708109 118 1472 SHARES X 1 1377 0 95
5 of 43
SEC USE _______________________________________
COLUMN 5
------------------------
COLUMN 6 COLUMN 8
SHARES INVESTMENT AUTHORITY VOTING AUTHORITY
COLUMN 2 COLUMN 4 OR SHARES PUT ---------------------- COLUMN 7 -------------------
COLUMN 1 TITLE OF COLUMN 3 VALUE PRINCIPAL OR OR SHARED - SHARED - OTHER
NAME OF ISSUER CLASS CUSIP (X $1,000) AMOUNT PRINCIPAL CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED OTHER
-------------- --------- --------- ---------- --------- --------- ---- ---- -------- -------- -------- ------ ------ -----
CERNER CORP COMMON
STOCK 156782104 5929 106885 SHARES X 1 104023 0 2862
CERNER CORP COMMON
STOCK 156782104 723 13035 SHARES X 1 11585 0 1450
CH ENERGY GROUP INC COMMON
COM STOCK 12541M102 45 1000 SHARES X 1 1000 0 0
CH ENERGY GROUP INC COMMON
COM STOCK 12541M102 135 3000 SHARES X 1 3000 0 0
CH ROBINSON COMMON
WORLDWIDE INC STOCK 12541W209 189 3607 SHARES X 1 3417 0 190
CHAMPION ENTERPRISES COMMON
INC STOCK 158496109 9 910 SHARES X 1 910 0 0
CHASE CORPORATION COMMON
STOCK 16150R104 450 26800 SHARES X 1 26800 0 0
CHECKFREE CORP COM COMMON
STOCK 162813109 143 3551 SHARES X 1 3296 0 255
CHESAPEAKE ENERGY COMMON
CORP COM STOCK 165167107 62 1800 SHARES X 1 1800 0 0
CHESAPEAKE UTILITIES COMMON
CORPORATI STOCK 165303108 26 750 SHARES X 1 750 0 0
CHEVRON CORP COMMON
STOCK 166764100 38914 461943 SHARES X 1 453791 0 8152
CHEVRON CORP COMMON
STOCK 166764100 21169 251295 SHARES X 1 232694 0 18601
CHICAGO BRIDGE & COMMON
IRON CO N V C STOCK 167250109 487 12895 SHARES X 1 12415 0 480
CHICAGO BRIDGE & COMMON
IRON CO N V C STOCK 167250109 69 1825 SHARES X 1 25 0 1800
CHICOS FAS INC COMMON
STOCK 168615102 173 7093 SHARES X 1 6673 0 420
CHICOS FAS INC COMMON
STOCK 168615102 7 300 SHARES X 1 300 0 0
CHILDRENS PLACE COMMON
RETAIL STORES STOCK 168905107 227 4390 SHARES X 1 4080 0 310
CHINA FUND INC PREFERRED
STOCK 169373107 14 375 SHARES X 1 N.A. N.A. N.A.
CHINA GRENTECH CORP COMMON
LTD-ADR STOCK 16938P107 73 5475 SHARES X 1 5000 0 475
CHINA MOBILE LTD COMMON
SPON ADR STOCK 16941M109 16 300 SHARES X 1 300 0 0
CHOICEPOINT INC COM COMMON
STOCK 170388102 11 266 SHARES X 1 266 0 0
CHRISTOPHER & BANKS COMMON
CORP STOCK 171046105 6 337 SHARES X 1 337 0 0
CHUBB CORP COMMON
STOCK 171232101 468 8650 SHARES X 1 8650 0 0
CHUBB CORP COMMON
STOCK 171232101 307 5678 SHARES X 1 5678 0 0
CIENA CORP COMMON
STOCK 171779309 67 1852 SHARES X 1 1701 0 151
CIGNA CORP COMMON
STOCK 125509109 778 14907 SHARES X 1 14907 0 0
CIGNA CORP COMMON
STOCK 125509109 282 5400 SHARES X 1 5400 0 0
CINCINNATI FINL CORP COMMON
COM STOCK 172062101 1329 30631 SHARES X 1 29761 0 870
CINCINNATI FINL CORP COMMON
COM STOCK 172062101 133 3065 SHARES X 1 3065 0 0
CIRCUIT STORES COM COMMON
STOCK 172737108 5 300 SHARES X 1 300 0 0
CIRCUIT STORES COM COMMON
STOCK 172737108 57 3800 SHARES X 1 3800 0 0
CISCO SYSTEMS INC COMMON
STOCK 17275R102 21584 775020 SHARES X 1 759733 0 15287
CISCO SYSTEMS INC COMMON
STOCK 17275R102 6626 237904 SHARES X 1 214719 0 23185
CIT GROUP INC COMMON
STOCK 125581108 4815 87822 SHARES X 1 84308 0 3514
CIT GROUP INC COMMON
STOCK 125581108 650 11860 SHARES X 1 10665 0 1195
CITADEL BROADCASTING COMMON
COMPANY STOCK 17285T106 90 13975 SHARES X 1 13952 0 23
CITADEL BROADCASTING COMMON
COMPANY STOCK 17285T106 45 7043 SHARES X 1 6570 0 473
CITIGROUP INC COM COMMON
STOCK 172967101 22197 432783 SHARES X 1 421565 0 11218
CITIGROUP INC COM COMMON
STOCK 172967101 9340 182094 SHARES X 1 169343 0 12751
CITIZENS COMMON
COMMUNICATIONS CO STOCK 17453B101 140 9200 SHARES X 1 7700 0 1500
CITIZENS COMMON
COMMUNICATIONS CO STOCK 17453B101 98 6450 SHARES X 1 3200 0 3250
CITRIX SYSTEMS INC COMMON
COM STOCK 177376100 1225 36382 SHARES X 1 36142 0 240
CITRIX SYSTEMS INC COMMON
COM STOCK 177376100 13 400 SHARES X 1 400 0 0
CITY NATIONAL CORP COMMON
COM STOCK 178566105 22 290 SHARES X 1 290 0 0
CLEAR CHANNEL COMMON
COMMUNICATIONS I STOCK 184502102 39 1025 SHARES X 1 1025 0 0
CLEAR CHANNEL COMMON
COMMUNICATIONS I STOCK 184502102 128 3375 SHARES X 1 3375 0 0
CLEVELAND CLIFFS INC COMMON
COM STOCK 185896107 2689 34623 SHARES X 1 33309 0 1314
CLEVELAND CLIFFS INC COMMON
COM STOCK 185896107 534 6870 SHARES X 1 4785 0 2085
CLOROX COMPANY COMMON
STOCK 189054109 481 7752 SHARES X 1 7752 0 0
CLOROX COMPANY COMMON
STOCK 189054109 311 5015 SHARES X 1 5015 0 0
CMS ENERGY CORP COM COMMON
STOCK 125896100 3 200 SHARES X 1 200 0 0
CNOOC LTD-ADR COMMON
STOCK 126132109 34 300 SHARES X 1 300 0 0
COACH INC COMMON
STOCK 189754104 807 17019 SHARES X 1 16814 0 205
COACH INC COMMON
STOCK 189754104 336 7082 SHARES X 1 7082 0 0
COCA COLA BOTTLING COMMON
CO CONSOLID STOCK 191098102 6 125 SHARES X 1 125 0 0
COCA COLA CO COM COMMON
STOCK 191216100 15506 296422 SHARES X 1 290585 0 5837
COCA COLA CO COM COMMON
STOCK 191216100 6820 130381 SHARES X 1 129021 0 1360
COCA COLA COMMON
ENTERPRISES INC STOCK 191219104 24 1000 SHARES X 1 1000 0 0
CODORUS VALLEY COMMON
BANCORP INC STOCK 192025104 1015 53922 SHARES X 1 37697 0 16225
CODORUS VALLEY COMMON
BANCORP INC STOCK 192025104 38 2024 SHARES X 1 2024 0 0
COGNIZANT TECH SOL COMMON
CORP STOCK 192446102 238 3172 SHARES X 1 2972 0 200
COHEN & STEERS PREFERRED
ADVANTAGE INC R STOCK 19247W102 22 1000 SHARES X 1 N.A. N.A. N.A.
COHEN & STEERS PREFERRED
QUALITY INC RLT STOCK 19247L106 84 4028 SHARES X 1 N.A. N.A. N.A.
COHEN & STEERS PREFERRED
SELECT UTILITY STOCK 19248A109 26 1009 SHARES X 1 N.A. N.A. N.A.
COHU INCORPORATED COMMON
STOCK 192576106 18 800 SHARES X 1 800 0 0
COINMACH SERVICE CORP COMMON
STOCK 19259W107 10 500 SHARES X 1 500 0 0
COLGATE PALMOLIVE CO COMMON
COM STOCK 194162103 6507 100337 SHARES X 1 100337 0 0
COLGATE PALMOLIVE CO COMMON
COM STOCK 194162103 4190 64610 SHARES X 1 54760 0 9850
COLLECTORS UNIVERSE COMMON
INC STOCK 19421R200 1 50 SHARES X 1 50 0 0
COLONIAL BANCGROUP COMMON
INC STOCK 195493309 56 2250 SHARES X 1 2250 0 0
COMCAST CORP NEW A COMMON
STOCK 20030N101 9480 337126 SHARES X 1 328640 0 8486
COMCAST CORP NEW A COMMON
STOCK 20030N101 2338 83160 SHARES X 1 80106 0 3054
COMCAST CORP- COMMON
SPECIAL CL A STOCK 20030N200 759 27158 SHARES X 1 27158 0 0
COMCAST CORP- COMMON
SPECIAL CL A STOCK 20030N200 203 7270 SHARES X 1 6970 0 300
COMERICA INC COMMON
STOCK 200340107 173 2916 SHARES X 1 2916 0 0
COMMERCE BANCORP INC COMMON
N J STOCK 200519106 11 300 SHARES X 1 300 0 0
COMMERCE BANCORP INC COMMON
N J STOCK 200519106 78 2100 SHARES X 1 1500 0 600
COMMERCE ENERGY COMMON
GROUP INC STOCK 20061Q106 1 325 SHARES X 1 325 0 0
6 of 43
SEC USE _______________________________________
COLUMN 5
------------------------
COLUMN 6 COLUMN 8
SHARES INVESTMENT AUTHORITY VOTING AUTHORITY
COLUMN 2 COLUMN 4 OR SHARES PUT ---------------------- COLUMN 7 -------------------
COLUMN 1 TITLE OF COLUMN 3 VALUE PRINCIPAL OR OR SHARED - SHARED - OTHER
NAME OF ISSUER CLASS CUSIP (X $1,000) AMOUNT PRINCIPAL CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED OTHER
-------------- --------- --------- ---------- --------- --------- ---- ---- -------- -------- -------- ------ ------ -----
COMMERCIAL NATL COMMON
FINANCIAL CORP STOCK 202217105 15 820 SHARES X 1 820 0 0
COMMSCOPE INC COM COMMON
STOCK 203372107 146 2510 SHARES X 1 2300 0 210
COMMUNITY BANK COMMON
SYSTEM INC STOCK 203607106 516 25762 SHARES X 1 25762 0 0
COMMUNITY BANKS INC COMMON
COM STOCK 203628102 564 17501 SHARES X 1 16051 0 1450
COMMUNITY BANKS INC COMMON
COM STOCK 203628102 1089 33789 SHARES X 1 32285 1504 0
COMMUNITY HEALTH COMMON
SYSTEMS INC STOCK 203668108 61 1500 SHARES X 1 1500 0 0
COMPANHIA VALE DO COMMON
RIO DOCE SPO STOCK 204412100 19 500 SHARES X 1 500 0 0
COMPANHIA VALE DO COMMON
RIO DOCE-ADR STOCK 204412209 1388 31165 SHARES X 1 31165 0 0
COMPANIA DE COMMON
TELECOMUNICACIONES STOCK 204449300 5 500 SHARES X 1 500 0 0
COMPTON PETROLEUM COMMON
CORP STOCK 204940100 60 6000 SHARES X 1 6000 0 0
COMPUTER SCIENCES COMMON
CORP COM STOCK 205363104 24 400 SHARES X 1 400 0 0
COMPUTER SCIENCES COMMON
CORP COM STOCK 205363104 12 200 SHARES X 1 200 0 0
COMPUTER TASK GROUP COMMON
STOCK 205477102 260 58750 SHARES X 1 58750 0 0
COMPUWARE CORP COMMON
STOCK 205638109 18 1500 SHARES X 1 1500 0 0
CONAGRA FOODS INC COMMON
STOCK 205887102 56 2103 SHARES X 1 2103 0 0
CONAGRA FOODS INC COMMON
STOCK 205887102 125 4654 SHARES X 1 4654 0 0
CONOCOPHILLIPS COMMON
STOCK 20825C104 19681 250714 SHARES X 1 246081 0 4633
CONOCOPHILLIPS COMMON
STOCK 20825C104 6648 84684 SHARES X 1 77685 0 6999
CONSOL ENERGY INC COMMON
STOCK 20854P109 65 1400 SHARES X 1 1400 0 0
CONSOLIDATED COMMON
COMMUNICATIONS HL STOCK 209034107 14 600 SHARES X 1 600 0 0
CONSOLIDATED EDISON COMMON
INC COM STOCK 209115104 283 6268 SHARES X 1 6268 0 0
CONSOLIDATED EDISON COMMON
INC COM STOCK 209115104 331 7333 SHARES X 1 7333 0 0
CONSOLIDATED-TOMOKA COMMON
LAND CO STOCK 210226106 29 422 SHARES X 1 422 0 0
CONSTELLATION BRANDS COMMON
INC CL A STOCK 21036P108 18 757 SHARES X 1 757 0 0
CONSTELLATION BRANDS COMMON
INC CL A STOCK 21036P108 22 900 SHARES X 1 900 0 0
CONSTELLATION ENERGY COMMON
GROUP INC STOCK 210371100 4878 55961 SHARES X 1 55961 0 0
CONSTELLATION ENERGY COMMON
GROUP INC STOCK 210371100 6589 75587 SHARES X 1 70987 0 4600
CONVERGYS CORP COMMON
STOCK 212485106 10 400 SHARES X 1 400 0 0
COOPER INDUSTRIES COMMON
LTD CL A STOCK G24182100 164 2874 SHARES X 1 2874 0 0
COOPER INDUSTRIES COMMON
LTD CL A STOCK G24182100 137 2400 SHARES X 1 2400 0 0
CORN PRODS INTL INC COMMON
COM STOCK 219023108 47 1029 SHARES X 1 1029 0 0
CORN PRODS INTL INC COMMON
COM STOCK 219023108 222 4888 SHARES X 1 4888 0 0
CORNERSTONE PREFERRED
STRATEGIC VALUE FU STOCK 21924B104 1 128 SHARES X 1 N.A. N.A. N.A.
CORNING INC COMMON
STOCK 219350105 6520 255167 SHARES X 1 251027 0 4140
CORNING INC COMMON
STOCK 219350105 1146 44845 SHARES X 1 38135 0 6710
CORP OFFICE COMMON
PROPERTIES TR (REI STOCK 22002T108 21 500 SHARES X 1 N.A. N.A. N.A.
CORTEX COMMON
PHARMACEUTICALS INC STOCK 220524300 4 1390 SHARES X 1 1390 0 0
COSTCO WHOLESALE COMMON
CORP COM STOCK 22160K105 522 8925 SHARES X 1 8925 0 0
COSTCO WHOLESALE COMMON
CORP COM STOCK 22160K105 303 5175 SHARES X 1 5175 0 0
COUNTRYWIDE COMMON
FINANCIAL CORP STOCK 222372104 7 198 SHARES X 1 198 0 0
COUNTRYWIDE COMMON
FINANCIAL CORP STOCK 222372104 44 1200 SHARES X 1 0 0 1200
COVANCE INC COM COMMON
STOCK 222816100 111 1617 SHARES X 1 1617 0 0
COVANCE INC COM COMMON
STOCK 222816100 88 1283 SHARES X 1 1283 0 0
COVENTRY HEALTH CARE COMMON
INC STOCK 222862104 12 200 SHARES X 1 200 0 0
COVENTRY HEALTH CARE COMMON
INC STOCK 222862104 6 100 SHARES X 1 100 0 0
CRANE CO COMMON
STOCK 224399105 466 10246 SHARES X 1 10246 0 0
CRAY INC COMMON
STOCK 225223304 1 75 SHARES X 1 75 0 0
CREE RESEARCH INC COM COMMON
STOCK 225447101 73 2835 SHARES X 1 2600 0 235
CREE RESEARCH INC COM COMMON
STOCK 225447101 45 1750 SHARES X 1 0 0 1750
CROSS COUNTRY HEALTH COMMON
CARE INC STOCK 227483104 58 3485 SHARES X 1 3200 0 285
CROSS TIMBERS COMMON
ROYALTY TRUST STOCK 22757R109 0 1 SHARES X 1 N.A. N.A. N.A.
CRYOLIFE INC COMMON
STOCK 228903100 107 8209 SHARES X 1 8209 0 0
CSX CORP COMMON
STOCK 126408103 1693 37552 SHARES X 1 37552 0 0
CSX CORP COMMON
STOCK 126408103 1329 29484 SHARES X 1 20284 0 9200
CUBIST COMMON
PHARMACEUTICALS INC STOCK 229678107 46 2315 SHARES X 1 2100 0 215
CUMMINS INC COM COMMON
STOCK 231021106 20 200 SHARES X 1 200 0 0
CURTISS WRIGHT CORP COMMON
STOCK 231561101 78 1676 SHARES X 1 1676 0 0
CURTISS WRIGHT CORP COMMON
STOCK 231561101 47 1000 SHARES X 1 1000 0 0
CUTERA INC COMMON
STOCK 232109108 12 500 SHARES X 1 500 0 0
CVS /CAREMARK CORP COMMON
STOCK 126650100 6048 165920 SHARES X 1 164520 0 1400
CVS /CAREMARK CORP COMMON
STOCK 126650100 2261 62036 SHARES X 1 60576 0 1460
CYTYC CORP COMMON
STOCK 232946103 4365 101263 SHARES X 1 98577 0 2686
CYTYC CORP COMMON
STOCK 232946103 12 274 SHARES X 1 274 0 0
D R HORTON INC COMMON
STOCK 23331A109 38 1900 SHARES X 1 1900 0 0
D R HORTON INC COMMON
STOCK 23331A109 29 1480 SHARES X 1 1480 0 0
D&E COMMUNICATIONS COMMON
INC STOCK 232860106 6 300 SHARES X 1 300 0 0
DAIMLERCHRYSLER AG COMMON
STOCK D1668R123 77 838 SHARES X 1 373 0 465
DAIMLERCHRYSLER AG COMMON
STOCK D1668R123 119 1298 SHARES X 1 448 0 850
DANAHER CORP COM COMMON
STOCK 235851102 1371 18165 SHARES X 1 18165 0 0
DANAHER CORP COM COMMON
STOCK 235851102 121 1606 SHARES X 1 1036 0 570
DARDEN RESTAURANTS COMMON
INC COM STOCK 237194105 1330 30240 SHARES X 1 30240 0 0
DARDEN RESTAURANTS COMMON
INC COM STOCK 237194105 306 6948 SHARES X 1 6948 0 0
DARLING COMMON
INTERNATIONAL INC STOCK 237266101 56 6075 SHARES X 1 5600 0 475
DAVITA INC WITH COMMON
ATTACHED RIGHT STOCK 23918K108 105 1941 SHARES X 1 1641 0 300
DECODE GENETICS INC COMMON
STOCK 243586104 1 300 SHARES X 1 300 0 0
DEERE & CO COMMON
STOCK 244199105 2589 21441 SHARES X 1 21141 0 300
DEERE & CO COMMON
STOCK 244199105 867 7180 SHARES X 1 6437 0 743
DEL MONTE FOODS CO COMMON
STOCK 24522P103 16 1303 SHARES X 1 1303 0 0
7 of 43
SEC USE _______________________________________
COLUMN 5
------------------------
COLUMN 6 COLUMN 8
SHARES INVESTMENT AUTHORITY VOTING AUTHORITY
COLUMN 2 COLUMN 4 OR SHARES PUT ---------------------- COLUMN 7 -------------------
COLUMN 1 TITLE OF COLUMN 3 VALUE PRINCIPAL OR OR SHARED - SHARED - OTHER
NAME OF ISSUER CLASS CUSIP (X $1,000) AMOUNT PRINCIPAL CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED OTHER
-------------- --------- --------- ---------- --------- --------- ---- ---- -------- -------- -------- ------ ------ -----
DEL MONTE FOODS CO COMMON
STOCK 24522P103 22 1780 SHARES X 1 1780 0 0
DELEK US HOLDINGS INC COMMON
STOCK 246647101 26 989 SHARES X 1 989 0 0
DELHAIZE GROUP COMMON
SPONSORED ADR STOCK 29759W101 10 100 SHARES X 1 100 0 0
DELL INC COMMON
STOCK 24702R101 2706 94795 SHARES X 1 94395 0 400
DELL INC COMMON
STOCK 24702R101 903 31645 SHARES X 1 28780 0 2865
DELTA AIR LINES INC COMMON
STOCK 247361702 68 3446 SHARES X 1 3171 0 275
DELTA PETROLEUM CORP COMMON
STOCK 247907207 231 11500 SHARES X 1 11500 0 0
DELUXE CORPORATION COMMON
STOCK 248019101 46 1124 SHARES X 1 1124 0 0
DENBURY RESOURCES COMMON
INCORPORATED STOCK 247916208 197 5253 SHARES X 1 4888 0 365
DENTSPLY
INTERNATIONAL INC COMMON
COM STOCK 249030107 1543 40341 SHARES X 1 40051 0 290
DENTSPLY
INTERNATIONAL INC COMMON
COM STOCK 249030107 422 11030 SHARES X 1 11030 0 0
DEUTSCHE TELEKOM AG COMMON
SPONSORED STOCK 251566105 7 376 SHARES X 1 376 0 0
DEV DIVERSIFIED RLTY COMMON
CORP STOCK 251591103 154 2931 SHARES X 1 N.A. N.A. N.A.
DEV DIVERSIFIED RLTY COMMON
CORP STOCK 251591103 32 600 SHARES X 1 N.A. N.A. N.A.
DEVON ENERGY CORP COMMON
STOCK 25179M103 1954 24957 SHARES X 1 24631 0 326
DEVON ENERGY CORP COMMON
STOCK 25179M103 291 3717 SHARES X 1 3317 0 400
DEVRY INC COMMON
STOCK 251893103 17 500 SHARES X 1 500 0 0
DG FASTCHANNEL INC COMMON
STOCK 23326R109 69 3400 SHARES X 1 3100 0 300
DIAGEO PLC SPONSORED COMMON
ADR STOCK 25243Q205 278 3334 SHARES X 1 3334 0 0
DIAMOND OFFSHORE COMMON
DRILLING COM STOCK 25271C102 5 50 SHARES X 1 50 0 0
DIAMONDS TR UNIT SER COMMON
1 STOCK 252787106 550 4100 SHARES X 1 4100 0 0
DIEBOLD INC COMMON
STOCK 253651103 24 463 SHARES X 1 463 0 0
DIEBOLD INC COMMON
STOCK 253651103 18 350 SHARES X 1 350 0 0
DIGENE CORP COMMON COMMON
STOCK 253752109 398 6630 SHARES X 1 6450 0 180
DISCOVERY HOLDING CO COMMON
STOCK 25468Y206 60 2600 SHARES X 1 2600 0 0
DISCOVERY HOLDING COMMON
CO-A STOCK 25468Y107 34 1498 SHARES X 1 1498 0 0
DISCOVERY HOLDING COMMON
CO-A STOCK 25468Y107 78 3400 SHARES X 1 3400 0 0
DISNEY WALT CO COMMON
STOCK 254687106 7314 214239 SHARES X 1 213939 0 300
DISNEY WALT CO COMMON
STOCK 254687106 3330 97528 SHARES X 1 91078 0 6450
DJO INCORPORATED COMMON
STOCK 23325G104 63 1525 SHARES X 1 1400 0 125
DNP SELECT INCOME PREFERRED
FUND INC STOCK 23325P104 5 428 SHARES X 1 N.A. N.A. N.A.
DNP SELECT INCOME PREFERRED
FUND INC STOCK 23325P104 11 1000 SHARES X 1 N.A. N.A. N.A.
DOLBY LABORATORIES COMMON
INC CL A STOCK 25659T107 4 100 SHARES X 1 100 0 0
DOMINION RESOURCES COMMON
BLACK WARRI STOCK 25746Q108 62 2500 SHARES X 1 2500 0 0
DOMINION RESOURCES COMMON
INC STOCK 25746U109 4586 53129 SHARES X 1 51929 0 1200
DOMINION RESOURCES COMMON
INC STOCK 25746U109 3493 40476 SHARES X 1 35483 0 4993
DONEGAL GROUP INC CL COMMON
A STOCK 257701201 25 1685 SHARES X 1 1685 0 0
DONEGAL GROUP INC CL COMMON
B STOCK 257701300 14 842 SHARES X 1 842 0 0
DONNELLEY R R & SONS COMMON
CO STOCK 257867101 178 4099 SHARES X 1 4099 0 0
DONNELLEY R R & SONS COMMON
CO STOCK 257867101 177 4066 SHARES X 1 4066 0 0
DOVER CORP COMMON
STOCK 260003108 2615 51125 SHARES X 1 51125 0 0
DOVER CORP COMMON
STOCK 260003108 1641 32082 SHARES X 1 25682 0 6400
DOVER DOWNS GAMING & COMMON
ENTMT INC STOCK 260095104 0 1 SHARES X 1 1 0 0
DOVER MOTORSPORTS INC COMMON
STOCK 260174107 0 1 SHARES X 1 1 0 0
DOW CHEMICAL CO COMMON
STOCK 260543103 6357 143757 SHARES X 1 137369 0 6388
DOW CHEMICAL CO COMMON
STOCK 260543103 3171 71702 SHARES X 1 70402 0 1300
DPL INC COMMON
STOCK 233293109 121 4255 SHARES X 1 4255 0 0
DPL INC COMMON
STOCK 233293109 28 1000 SHARES X 1 1000 0 0
DR REDDYS LABS LTD COMMON
ADR STOCK 256135203 16 1000 SHARES X 1 1000 0 0
DREYFUS HIGH YIELD PREFERRED
STRATEGIES STOCK 26200S101 8 2000 SHARES X 1 N.A. N.A. N.A.
DREYFUS MUNICIPAL PREFERRED
INCOME FUND STOCK 26201R102 64 7200 SHARES X 1 N.A. N.A. N.A.
DREYFUS STRATEGIC PREFERRED
MUN BD FD STOCK 26202F107 257 28844 SHARES X 1 N.A. N.A. N.A.
DREYFUS STRATEGIC PREFERRED
MUN BD FD STOCK 26202F107 73 8206 SHARES X 1 N.A. N.A. N.A.
DRYCLEAN USA INC COMMON
STOCK 262432107 1 350 SHARES X 1 350 0 0
DTE ENERGY CO COMMON
STOCK 233331107 581 12048 SHARES X 1 12048 0 0
DTE ENERGY CO COMMON
STOCK 233331107 448 9299 SHARES X 1 6771 0 2528
DUKE ENERGY CORP COMMON
STOCK 26441C105 512 27988 SHARES X 1 27988 0 0
DUKE ENERGY CORP COMMON
STOCK 26441C105 625 34143 SHARES X 1 33643 0 500
DUKE REALTY CORP COMMON
STOCK 264411505 65 1830 SHARES X 1 N.A. N.A. N.A.
DUKE REALTY CORP COMMON
STOCK 264411505 121 3400 SHARES X 1 N.A. N.A. N.A.
DUN & BRADSTREET CORP COMMON
STOCK 26483E100 49 474 SHARES X 1 474 0 0
DUN & BRADSTREET CORP COMMON
STOCK 26483E100 113 1100 SHARES X 1 1100 0 0
DUPONT EI DE COMMON
NEMOURS & CO COM STOCK 263534109 9226 181475 SHARES X 1 178805 0 2670
DUPONT EI DE COMMON
NEMOURS & CO COM STOCK 263534109 8600 169155 SHARES X 1 164755 0 4400
DWS MUNICIPAL INCOME PREFERRED
TRUST STOCK 23338M106 15 1400 SHARES X 1 N.A. N.A. N.A.
DWS STRATEGIC PREFERRED
MUNICIPAL INCOME STOCK 23338T101 18 1500 SHARES X 1 N.A. N.A. N.A.
DYCOM INDUSTRIES INC COMMON
STOCK 267475101 95 3165 SHARES X 1 2900 0 265
DYNAMICS RESEARCH COMMON
CORP STOCK 268057106 130 10000 SHARES X 1 10000 0 0
DYNEGY INC CL A COMMON
STOCK 26817G102 99 10469 SHARES X 1 9669 0 800
E*TRADE FINANCIAL COMMON
CORPORATION STOCK 269246104 6 290 SHARES X 1 290 0 0
E*TRADE FINANCIAL COMMON
CORPORATION STOCK 269246104 27 1240 SHARES X 1 1240 0 0
EAGLE BULK SHIPPING COMMON
INC STOCK Y2187A101 45 2000 SHARES X 1 2000 0 0
EAGLE MATERIALS INC COMMON
COM W RIGH STOCK 26969P108 17 345 SHARES X 1 345 0 0
EARTHLINK INC COM COMMON
STOCK 270321102 26 3528 SHARES X 1 3528 0 0
EASTMAN CHEMICAL COMMON
COMPANY COM STOCK 277432100 64 991 SHARES X 1 991 0 0
EASTMAN CHEMICAL COMMON
COMPANY COM STOCK 277432100 56 873 SHARES X 1 373 0 500
EASTMAN KODAK CO COM COMMON
STOCK 277461109 107 3832 SHARES X 1 2775 0 1057
EASTMAN KODAK CO COM COMMON
STOCK 277461109 158 5673 SHARES X 1 5673 0 0
8 of 43
SEC USE _______________________________________
COLUMN 5
------------------------
COLUMN 6 COLUMN 8
SHARES INVESTMENT AUTHORITY VOTING AUTHORITY
COLUMN 2 COLUMN 4 OR SHARES PUT ---------------------- COLUMN 7 -------------------
COLUMN 1 TITLE OF COLUMN 3 VALUE PRINCIPAL OR OR SHARED - SHARED - OTHER
NAME OF ISSUER CLASS CUSIP (X $1,000) AMOUNT PRINCIPAL CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED OTHER
-------------- --------- --------- ---------- --------- --------- ---- ---- -------- -------- -------- ------ ------ -----
EATON CORP COM COMMON
STOCK 278058102 731 7860 SHARES X 1 7860 0 0
EATON CORP COM COMMON
STOCK 278058102 84 900 SHARES X 1 900 0 0
EATON VANCE CORP COMMON
STOCK 278265103 10 230 SHARES X 1 230 0 0
EATON VANCE INSD PREFERRED
MUNI BD FD STOCK 27827X101 2 116 SHARES X 1 N.A. N.A. N.A.
EATON VANCE LTD PREFERRED
DURATION INC F STOCK 27828H105 43 2400 SHARES X 1 N.A. N.A. N.A.
EATON VANCE PREFERRED
MUNICIPAL INCOME T STOCK 27826U108 76 5000 SHARES X 1 N.A. N.A. N.A.
EATON VANCE PA MUNI PREFERRED
INC TR STOCK 27826T101 142 10000 SHARES X 1 N.A. N.A. N.A.
EATON VANCE SENIOR PREFERRED
INCOME TRUS STOCK 27826S103 7 800 SHARES X 1 N.A. N.A. N.A.
EATON VANCE SR PREFERRED
FLOATING RATE F STOCK 27828Q105 45 2400 SHARES X 1 N.A. N.A. N.A.
EATON VANCE PREFERRED
TAX-ADVANTAGED DVD STOCK 27828G107 110 3750 SHARES X 1 N.A. N.A. N.A.
EATON VANCE PREFERRED
TAX-ADVANTAGED DVD STOCK 27828G107 115 3900 SHARES X 1 N.A. N.A. N.A.
EATON VANCE PREFERRED
TAX-MANAGED DIV EQ STOCK 27828N102 9 485 SHARES X 1 N.A. N.A. N.A.
EATON VANCE PREFERRED
TAX-MANAGED GLOBAL STOCK 27829F108 19 990 SHARES X 1 N.A. N.A. N.A.
EBAY INC COM COMMON
STOCK 278642103 1826 56741 SHARES X 1 55591 0 1150
EBAY INC COM COMMON
STOCK 278642103 358 11119 SHARES X 1 8234 0 2885
ECHELON CORPORATION COMMON
STOCK 27874N105 46 2930 SHARES X 1 2930 0 0
ECOLAB INC COM COMMON
STOCK 278865100 1123 26300 SHARES X 1 26300 0 0
ECOLAB INC COM COMMON
STOCK 278865100 100 2350 SHARES X 1 2350 0 0
EDISON INTERNATIONAL COMMON
COM STOCK 281020107 51 910 SHARES X 1 910 0 0
EDUCATION REALTY COMMON
TRUST INC REI STOCK 28140H104 18 1300 SHARES X 1 N.A. N.A. N.A.
EDWARDS AG INC COM COMMON
STOCK 281760108 19 225 SHARES X 1 225 0 0
EDWARDS LIFESCIENCES COMMON
CORP COM STOCK 28176E108 237 4800 SHARES X 1 4800 0 0
EDWARDS LIFESCIENCES COMMON
CORP COM STOCK 28176E108 158 3200 SHARES X 1 2600 0 600
EL PASO CORP COM COMMON
STOCK 28336L109 33 1900 SHARES X 1 1900 0 0
EL PASO CORP COM COMMON
STOCK 28336L109 53 3081 SHARES X 1 3081 0 0
ELECTRONIC DATA COMMON
SYSTEM CORPORA STOCK 285661104 14 491 SHARES X 1 491 0 0
ELECTRONIC DATA COMMON
SYSTEM CORPORA STOCK 285661104 67 2408 SHARES X 1 2408 0 0
ELECTRONICS ARTS COM COMMON
STOCK 285512109 3051 64471 SHARES X 1 61111 0 3360
ELECTRONICS ARTS COM COMMON
STOCK 285512109 416 8790 SHARES X 1 8440 0 350
ELECTRONICS FOR COMMON
IMAGING INC CO STOCK 286082102 285 10090 SHARES X 1 9510 0 580
ELECTRONICS FOR COMMON
IMAGING INC CO STOCK 286082102 14 500 SHARES X 1 0 0 500
ELIZABETH ARDEN INC COMMON
COM STOCK 28660G106 5 205 SHARES X 1 205 0 0
EMBARQ CORP COMMON
STOCK 29078E105 18 282 SHARES X 1 217 0 65
EMBARQ CORP COMMON
STOCK 29078E105 38 600 SHARES X 1 600 0 0
EMC CORP MASS COM COMMON
STOCK 268648102 6241 344822 SHARES X 1 339796 0 5026
EMC CORP MASS COM COMMON
STOCK 268648102 917 50640 SHARES X 1 44770 0 5870
EMCOR GROUP INC COMMON
STOCK 29084Q100 143 1965 SHARES X 1 1800 0 165
EMERSON ELECTRIC CO COMMON
STOCK 291011104 6633 141729 SHARES X 1 139729 0 2000
EMERSON ELECTRIC CO COMMON
STOCK 291011104 5428 115987 SHARES X 1 102157 0 13830
ENBRIDGE ENERGY PTNR COMMON
STOCK 29250R106 22 400 SHARES X 1 400 0 0
ENCANA CORP COMMON
STOCK 292505104 98 1600 SHARES X 1 1600 0 0
ENCYSIVE COMMON
PHARMACEUTICALS INC STOCK 29256X107 48 27000 SHARES X 1 27000 0 0
ENDEAVOUR COMMON
INTERNATIONAL CORP STOCK 29259G101 2 1000 SHARES X 1 1000 0 0
ENDESA S A SPONSORED COMMON
ADR STOCK 29258N107 128 2418 SHARES X 1 2418 0 0
ENDESA S A SPONSORED COMMON
ADR STOCK 29258N107 42 800 SHARES X 1 800 0 0
ENERGIZER HLDGS INC COMMON
COM STOCK 29266R108 129 1300 SHARES X 1 1300 0 0
ENERGIZER HLDGS INC COMMON
COM STOCK 29266R108 10 100 SHARES X 1 100 0 0
ENERGY CONVERSION COMMON
DEVICES INC STOCK 292659109 6 200 SHARES X 1 200 0 0
ENERGY EAST CORP COM COMMON
STOCK 29266M109 147 5623 SHARES X 1 5623 0 0
ENERGY EAST CORP COM COMMON
STOCK 29266M109 179 6875 SHARES X 1 6185 490 200
ENERGY SELECT SECTOR PREFERRED
SPDR FD STOCK 81369Y506 34 500 SHARES X 1 N.A. N.A. N.A.
ENERGY SELECT SECTOR PREFERRED
SPDR FD STOCK 81369Y506 154 2239 SHARES X 1 N.A. N.A. N.A.
ENERGY TRANSFER COMMON
PARTNERS LP STOCK 29273R109 16 261 SHARES X 1 261 0 0
ENERGY TRANSFER COMMON
PARTNERS LP STOCK 29273R109 62 1000 SHARES X 1 1000 0 0
ENERPLUS RESOURCES COMMON
FUND STOCK 29274D604 28 600 SHARES X 1 600 0 0
ENERPLUS RESOURCES COMMON
FUND STOCK 29274D604 160 3400 SHARES X 1 3400 0 0
ENGLOBAL CORPORATION COMMON
STOCK 293306106 110 9060 SHARES X 1 8300 0 760
ENSCO INTERNATIONAL COMMON
INC COM STOCK 26874Q100 7772 127396 SHARES X 1 123074 0 4322
ENSCO INTERNATIONAL COMMON
INC COM STOCK 26874Q100 836 13710 SHARES X 1 10805 0 2905
ENTERGY CORP COM NEW COMMON
STOCK 29364G103 115 1067 SHARES X 1 1067 0 0
ENTERGY CORP COM NEW COMMON
STOCK 29364G103 183 1708 SHARES X 1 1708 0 0
ENTERPRISE PRODUCTS COMMON
PARTNERS L STOCK 293792107 80 2522 SHARES X 1 2522 0 0
ENTERPRISE PRODUCTS COMMON
PARTNERS L STOCK 293792107 145 4570 SHARES X 1 4570 0 0
ENVIRONMENTAL POWER COMMON
CORP STOCK 29406L201 1 100 SHARES X 1 100 0 0
ENZON COMMON
PHARMACEUTICALS INC STOCK 293904108 2 200 SHARES X 1 200 0 0
EOG RESOURCES INC COM COMMON
STOCK 26875P101 2912 39860 SHARES X 1 38675 0 1185
EOG RESOURCES INC COM COMMON
STOCK 26875P101 304 4160 SHARES X 1 2320 0 1840
EQUIFAX INC COM COMMON
STOCK 294429105 96 2166 SHARES X 1 2166 0 0
EQUITABLE RESOURCES COMMON
INC STOCK 294549100 1219 24600 SHARES X 1 24600 0 0
EQUITABLE RESOURCES COMMON
INC STOCK 294549100 198 4000 SHARES X 1 4000 0 0
EQUITY INCOME
FUND-AT&T SHARES OTHER 294700703 76 600 SHARES X 1 N.A. N.A. N.A.
EQUITY ONE COMMON
INCORPORATED STOCK 294752100 22 850 SHARES X 1 N.A. N.A. N.A.
EQUITY RESIDENTIAL COMMON
(REIT) STOCK 29476L107 30 650 SHARES X 1 N.A. N.A. N.A.
EQUITY RESIDENTIAL COMMON
(REIT) STOCK 29476L107 183 4000 SHARES X 1 N.A. N.A. N.A.
ERIE INDEMNITY CO CL COMMON
A STOCK 29530P102 7052 130500 SHARES X 1 130500 0 0
EVERGREEN INCOME ADV PREFERRED
FD STOCK 30023Y105 28 2000 SHARES X 1 N.A. N.A. N.A.
EXELON CORP COMMON
STOCK 30161N101 5091 70130 SHARES X 1 68730 0 1400
EXELON CORP COMMON
STOCK 30161N101 1581 21773 SHARES X 1 20323 0 1450
9 of 43
SEC USE _______________________________________
COLUMN 5
------------------------
COLUMN 6 COLUMN 8
SHARES INVESTMENT AUTHORITY VOTING AUTHORITY
COLUMN 2 COLUMN 4 OR SHARES PUT ---------------------- COLUMN 7 --------------------
COLUMN 1 TITLE OF COLUMN 3 VALUE PRINCIPAL OR OR SHARED - SHARED - OTHER
NAME OF ISSUER CLASS CUSIP (X $1,000) AMOUNT PRINCIPAL CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED OTHER
-------------- --------- --------- ---------- --------- --------- ---- ---- -------- -------- -------- ------- ------ -----
EXPEDITORS INTL COMMON
WASH INC COM STOCK 302130109 385 9312 SHARES X 1 8852 0 460
EXPRESS SCRIPTS INC COMMON
STOCK 302182100 11899 237926 SHARES X 1 232914 0 5012
EXPRESS SCRIPTS INC COMMON
STOCK 302182100 3396 67910 SHARES X 1 65120 0 2790
EXPRESS-1 EXPEDITED COMMON
SOLUTIONS STOCK 30217Q108 1 800 SHARES X 1 800 0 0
EXXON MOBIL CORP COMMON
STOCK 30231G102 98770 1177519 SHARES X 1 1159302 0 18217
EXXON MOBIL CORP COMMON
STOCK 30231G102 82351 981770 SHARES X 1 884811 0 96959
F5 NETWORKS INC COMMON
STOCK 315616102 251 3108 SHARES X 1 3007 0 101
F5 NETWORKS INC COMMON
STOCK 315616102 11 135 SHARES X 1 135 0 0
FACTSET RESEARCH COMMON
SYSTEMS INC STOCK 303075105 62 900 SHARES X 1 900 0 0
FAIRCHILD
SEMICONDUCTOR COMMON
INTL I STOCK 303726103 1 43 SHARES X 1 43 0 0
FAIRPOINT COMMON
COMMUNICATIONS INC STOCK 305560104 2 100 SHARES X 1 100 0 0
FAMILY DOLLAR STORES COMMON
STOCK 307000109 3 75 SHARES X 1 75 0 0
FASTENAL CO COMMON
STOCK 311900104 176 4199 SHARES X 1 3939 0 260
FASTENAL CO COMMON
STOCK 311900104 7 175 SHARES X 1 175 0 0
FED NATL MTG ASSN COMMON
COM STOCK 313586109 5524 84549 SHARES X 1 84549 0 0
FED NATL MTG ASSN COMMON
COM STOCK 313586109 2603 39851 SHARES X 1 38101 0 1750
FEDERAL REALTY INV COMMON
TR (REIT) STOCK 313747206 77 1000 SHARES X 1 N.A. N.A. N.A.
FEDERAL SIGNAL CORP COMMON
STOCK 313855108 16 1000 SHARES X 1 1000 0 0
FEDEX CORP COM COMMON
STOCK 31428X106 1166 10511 SHARES X 1 10511 0 0
FEDEX CORP COM COMMON
STOCK 31428X106 392 3530 SHARES X 1 2730 0 800
FERRELLGAS PARTNERS COMMON
LP STOCK 315293100 24 1000 SHARES X 1 1000 0 0
FIDELITY NATIONAL COMMON
FINANCIAL - STOCK 31620R105 4 186 SHARES X 1 186 0 0
FIDELITY NATL COMMON
INFORMATION SERV STOCK 31620M106 140 2580 SHARES X 1 2443 0 137
FIDELITY NATL COMMON
INFORMATION SERV STOCK 31620M106 20 360 SHARES X 1 360 0 0
FIFTH THIRD BANCORP COMMON
COM STOCK 316773100 512 12877 SHARES X 1 12877 0 0
FIFTH THIRD BANCORP COMMON
COM STOCK 316773100 38 950 SHARES X 1 950 0 0
FIRST DATA CORP COM COMMON
STOCK 319963104 977 29907 SHARES X 1 29907 0 0
FIRST DATA CORP COM COMMON
STOCK 319963104 695 21282 SHARES X 1 20582 0 700
FIRST HORIZON COMMON
NATIONAL CORP STOCK 320517105 9 234 SHARES X 1 234 0 0
FIRST INDUSTRIAL COMMON
REALTY TR (RE STOCK 32054K103 16 422 SHARES X 1 N.A. N.A. N.A.
FIRST MARINER COMMON
BANCORP INCORPOR STOCK 320795107 39 3000 SHARES X 1 3000 0 0
FIRST NIAGARA COMMON
FINANCIAL GROUP STOCK 33582V108 4 292 SHARES X 1 292 0 0
FIRST POTOMAC COMMON
REALTY TRUST STOCK 33610F109 23 1000 SHARES X 1 N.A. N.A. N.A.
FIRST SOLAR INC COMMON
STOCK 336433107 88 980 SHARES X 1 900 0 80
FIRST STATE COMMON
FINANCIAL CORP FLO STOCK 33708M206 59 3253 SHARES X 1 3253 0 0
FIRST UNITED CORP COMMON
COM STOCK 33741H107 45 2250 SHARES X 1 200 0 2050
FIRSTENERGY CORP COM COMMON
STOCK 337932107 348 5377 SHARES X 1 5377 0 0
FIRSTENERGY CORP COM COMMON
STOCK 337932107 447 6906 SHARES X 1 6906 0 0
FISERV INC COMMON
STOCK 337738108 12 220 SHARES X 1 220 0 0
FISERV INC COMMON
STOCK 337738108 11 200 SHARES X 1 0 0 200
FIVE STAR QUALITY COMMON
CARE INC STOCK 33832D106 0 10 SHARES X 1 0 0 10
FLEXIBLE SOLUTIONS COMMON
INTERNATION STOCK 33938T104 1 250 SHARES X 1 250 0 0
FLEXTRONICS INTL LTD COMMON
STOCK Y2573F102 7 644 SHARES X 1 644 0 0
FLEXTRONICS INTL LTD COMMON
STOCK Y2573F102 23 2100 SHARES X 1 2100 0 0
FLORIDA EAST COAST COMMON
INDUSTRIES STOCK 340632108 1 8 SHARES X 1 8 0 0
FLUOR CORP COMMON
STOCK 343412102 518 4649 SHARES X 1 4649 0 0
FLUOR CORP COMMON
STOCK 343412102 184 1650 SHARES X 1 1650 0 0
FNB CORP PA COMMON
STOCK 302520101 43 2578 SHARES X 1 2578 0 0
FORD MOTOR CO COMMON
STOCK 345370860 51 5422 SHARES X 1 5422 0 0
FORD MOTOR CO COMMON
STOCK 345370860 51 5372 SHARES X 1 1812 0 3560
FORDING CANADIAN COMMON
COAL TRUST STOCK 345425102 1025 31306 SHARES X 1 31306 0 0
FORDING CANADIAN COMMON
COAL TRUST STOCK 345425102 538 16425 SHARES X 1 16175 0 250
FOREST LABS INC COM COMMON
STOCK 345838106 16 350 SHARES X 1 350 0 0
FOREST OIL CORP COMMON
STOCK 346091705 21 500 SHARES X 1 500 0 0
FORTUNE BRANDS INC COMMON
STOCK 349631101 1223 14852 SHARES X 1 14852 0 0
FORTUNE BRANDS INC COMMON
STOCK 349631101 1067 12949 SHARES X 1 10842 0 2107
FOSTER WHEELER LTD COMMON
STOCK G36535139 5368 50173 SHARES X 1 48718 0 1455
FOSTER WHEELER LTD COMMON
STOCK G36535139 552 5160 SHARES X 1 3860 0 1300
FOSTER WHEELER LTD COMMON
WARRANTS 9 STOCK G36535113 4 500 SHARES X 1 500 0 0
FPL GROUP INC COM COMMON
STOCK 302571104 7243 127656 SHARES X 1 127656 0 0
FPL GROUP INC COM COMMON
STOCK 302571104 3538 62362 SHARES X 1 53620 0 8742
FRANKLIN RESOURCES COMMON
INC STOCK 354613101 109 825 SHARES X 1 825 0 0
FRANKLIN RESOURCES COMMON
INC STOCK 354613101 20 150 SHARES X 1 150 0 0
FREDDIE MAC COMMON
STOCK 313400301 759 12505 SHARES X 1 12505 0 0
FREDDIE MAC COMMON
STOCK 313400301 20 330 SHARES X 1 330 0 0
FREEPORT- MCMORAN COMMON
CPR & GLD INC STOCK 35671D857 170 2053 SHARES X 1 2053 0 0
FRIEDMAN BILLINGS COMMON
RAMSEY GRP I STOCK 358434108 3 500 SHARES X 1 500 0 0
FRONTEER
DEVELOPMENT GROUP COMMON
INC STOCK 35903Q106 6 500 SHARES X 1 500 0 0
FRONTIER OIL COMMON
CORPORATION STOCK 35914P105 38 870 SHARES X 1 870 0 0
FRONTLINE LTD COMMON
STOCK G3682E127 65 1425 SHARES X 1 1425 0 0
FULTON FINANCIAL COMMON
CORP STOCK 360271100 1382 95832 SHARES X 1 95832 0 0
FULTON FINANCIAL COMMON
CORP STOCK 360271100 2204 152838 SHARES X 1 101979 5000 45859
FURMANITE COMMON
CORPORATION STOCK 361086101 3 400 SHARES X 1 400 0 0
GABELLI EQUITY TRUST PREFERRED
STOCK 362397101 37 3758 SHARES X 1 N.A. N.A. N.A.
GABELLI GLOBAL PREFERRED
MULTIMEDIA TR STOCK 36239Q109 2 135 SHARES X 1 N.A. N.A. N.A.
GABELLI UTILITY PREFERRED
TRUST STOCK 36240A101 5 497 SHARES X 1 N.A. N.A. N.A.
GALLAGHER ARTHUR COMMON
J. & CO STOCK 363576109 28 1000 SHARES X 1 1000 0 0
GAMESTOP CORP-- COMMON
CLASS A STOCK 36467W109 420 10751 SHARES X 1 10311 0 440
10 of 43
SEC USE _______________________________________
COLUMN 5
------------------------
COLUMN 6 COLUMN 8
SHARES INVESTMENT AUTHORITY VOTING AUTHORITY
COLUMN 2 COLUMN 4 OR SHARES PUT ---------------------- COLUMN 7 ---------------------
COLUMN 1 TITLE OF COLUMN 3 VALUE PRINCIPAL OR OR SHARED - SHARED - OTHER
NAME OF ISSUER CLASS CUSIP (X $1,000) AMOUNT PRINCIPAL CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED OTHER
-------------- -------- --------- ---------- --------- --------- ---- ---- -------- -------- -------- ------- ------ ------
GANNETT CO INC COMMON
STOCK 364730101 610 11095 SHARES X 1 11095 0 0
GANNETT CO INC COMMON
STOCK 364730101 504 9175 SHARES X 1 9175 0 0
GAP INC COM COMMON
STOCK 364760108 559 29275 SHARES X 1 29275 0 0
GAP INC COM COMMON
STOCK 364760108 329 17225 SHARES X 1 16825 0 400
GATX CORP COMMON
STOCK 361448103 17 350 SHARES X 1 0 0 350
GENCO SHIPPING & COMMON
TRADING LTD STOCK Y2685T107 105 2535 SHARES X 1 2300 0 235
GENELABS COMMON
TECHNOLOGIES INC STOCK 368706206 1 600 SHARES X 1 600 0 0
GENENTECH INC COM COMMON
NEW STOCK 368710406 3685 48704 SHARES X 1 48704 0 0
GENENTECH INC COM COMMON
NEW STOCK 368710406 227 3000 SHARES X 1 3000 0 0
GENERAL DYNAMICS COMMON
CORP COM STOCK 369550108 4324 55284 SHARES X 1 55284 0 0
GENERAL DYNAMICS COMMON
CORP COM STOCK 369550108 1119 14300 SHARES X 1 14300 0 0
GENERAL ELECTRIC COMMON
COMPANY STOCK 369604103 78752 2057266 SHARES X 1 2007038 0 50228
GENERAL ELECTRIC COMMON
COMPANY STOCK 369604103 73976 1932486 SHARES X 1 1807814 0 124672
GENERAL GROWTH COMMON
PPTYS INC STOCK 370021107 127 2400 SHARES X 1 N.A. N.A. N.A.
GENERAL MARITIME COMMON
CORP STOCK Y2692M103 17 622 SHARES X 1 622 0 0
GENERAL MILLS INC COMMON
STOCK 370334104 4007 68584 SHARES X 1 67184 0 1400
GENERAL MILLS INC COMMON
STOCK 370334104 1885 32258 SHARES X 1 31858 0 400
GENERAL MOTORS CORP COMMON
COM STOCK 370442105 150 3960 SHARES X 1 2946 0 1014
GENERAL MOTORS CORP COMMON
COM STOCK 370442105 117 3097 SHARES X 1 2749 0 348
GENESIS MICROCHIP COMMON
INC STOCK 37184C103 5 500 SHARES X 1 500 0 0
GENUINE PARTS INC COMMON
STOCK 372460105 504 10155 SHARES X 1 10155 0 0
GENUINE PARTS INC COMMON
STOCK 372460105 409 8250 SHARES X 1 8250 0 0
GENWORTH FINANCIAL COMMON
INC - CL A STOCK 37247D106 3 97 SHARES X 1 97 0 0
GENZYME CORP COM COMMON
STOCK 372917104 1389 21566 SHARES X 1 21066 0 500
GENZYME CORP COM COMMON
STOCK 372917104 96 1485 SHARES X 1 1260 0 225
GERON CORP COMMON
STOCK 374163103 4 500 SHARES X 1 0 0 500
GILAT SATELLITE COMMON
NETWORKS LTD STOCK M51474118 96 9925 SHARES X 1 9100 0 825
GILEAD SCIENCES INC COMMON
COM STOCK 375558103 2932 75565 SHARES X 1 74473 0 1092
GILEAD SCIENCES INC COMMON
COM STOCK 375558103 418 10770 SHARES X 1 10770 0 0
GLADSTONE CAPITAL COMMON
CORP STOCK 376535100 107 5000 SHARES X 1 5000 0 0
GLADSTONE COMMON
COMMERCIAL CORP STOCK 376536108 78 4000 SHARES X 1 N.A. N.A. N.A.
GLATFELTER COMMON
STOCK 377316104 559 41153 SHARES X 1 41153 0 0
GLAXOSMITHKLINE PLC COMMON
ADR STOCK 37733W105 1204 22993 SHARES X 1 22993 0 0
GLAXOSMITHKLINE PLC COMMON
ADR STOCK 37733W105 1555 29694 SHARES X 1 22994 0 6700
GOLD FIELDS LIMITED COMMON
ADR STOCK 38059T106 4 250 SHARES X 1 250 0 0
GOLDCORP INC COMMON
STOCK 380956409 24 1000 SHARES X 1 1000 0 0
GOLDMAN SACHS GROUP COMMON
INC COM STOCK 38141G104 4164 19213 SHARES X 1 18511 0 702
GOLDMAN SACHS GROUP COMMON
INC COM STOCK 38141G104 529 2440 SHARES X 1 1845 0 595
GOODRICH CORP COMMON
STOCK 382388106 6 100 SHARES X 1 100 0 0
GOODRICH CORP COMMON
STOCK 382388106 357 6000 SHARES X 1 4400 0 1600
GOODYEAR TIRE & COMMON
RUBR CO STOCK 382550101 3 100 SHARES X 1 100 0 0
GOODYEAR TIRE & COMMON
RUBR CO STOCK 382550101 70 2000 SHARES X 1 2000 0 0
GOOGLE INC CL A COMMON
STOCK 38259P508 7853 15023 SHARES X 1 14734 0 289
GOOGLE INC CL A COMMON
STOCK 38259P508 338 647 SHARES X 1 360 0 287
GRACO INC COM COMMON
STOCK 384109104 1111 27589 SHARES X 1 25937 0 1652
GRANT PRIDECO INC COMMON
COM STOCK 38821G101 339 6294 SHARES X 1 5863 0 431
GREAT AMERN FINL COMMON
RES INC COM STOCK 389915109 2 100 SHARES X 1 0 0 100
GREAT PLAINS ENERGY COMMON
INC STOCK 391164100 17 570 SHARES X 1 570 0 0
GREAT PLAINS ENERGY COMMON
INC STOCK 391164100 25 850 SHARES X 1 850 0 0
GREAT WOLF RESORTS COMMON
INC STOCK 391523107 94 6600 SHARES X 1 6000 0 600
GREY WOLF INC COMMON
STOCK 397888108 28 3367 SHARES X 1 3367 0 0
GROUPE DANONE SPONS COMMON
ADR STOCK 399449107 33 2000 SHARES X 1 2000 0 0
HALLIBURTON HLDG CO COMMON
COM STOCK 406216101 488 14131 SHARES X 1 12481 0 1650
HALLIBURTON HLDG CO COMMON
COM STOCK 406216101 429 12432 SHARES X 1 5732 0 6700
HANESBRANDS INC COMMON
STOCK 410345102 17 636 SHARES X 1 636 0 0
HANESBRANDS INC COMMON
STOCK 410345102 75 2766 SHARES X 1 2241 0 525
HANOVER INSURANCE COMMON
GROUP INC STOCK 410867105 96 1960 SHARES X 1 1800 0 160
HARLEY-DAVIDSON INC COMMON
STOCK 412822108 1145 19209 SHARES X 1 19209 0 0
HARLEY-DAVIDSON INC COMMON
STOCK 412822108 349 5850 SHARES X 1 2650 0 3200
HARLEYSVILLE COMMON
NATIONAL CORP STOCK 412850109 21 1316 SHARES X 1 1316 0 0
HARMAN
INTERNATIONAL COMMON
INDUSTRIE STOCK 413086109 114 975 SHARES X 1 930 0 45
HARMONY GOLD MINING COMMON
SPON ADR STOCK 413216300 18 1275 SHARES X 1 1275 0 0
HARRAHS COMMON
ENTERTAINMENT INC STOCK 413619107 40 475 SHARES X 1 475 0 0
HARRIS & HARRIS COMMON
GROUP INC STOCK 413833104 2 200 SHARES X 1 200 0 0
HARRIS CORP COMMON
STOCK 413875105 4535 83133 SHARES X 1 81791 0 1342
HARRIS CORP COMMON
STOCK 413875105 467 8565 SHARES X 1 8565 0 0
HARSCO CORP COMMON
STOCK 415864107 19832 381393 SHARES X 1 312268 0 69125
HARSCO CORP COMMON
STOCK 415864107 5349 102866 SHARES X 1 102866 0 0
HARTFORD FINANCIAL COMMON
SVCS GRP IN STOCK 416515104 2322 23573 SHARES X 1 23013 0 560
HARTFORD FINANCIAL COMMON
SVCS GRP IN STOCK 416515104 1411 14321 SHARES X 1 13131 0 1190
HASBRO INC COMMON
STOCK 418056107 5 170 SHARES X 1 170 0 0
HAWAIIAN ELEC IND COMMON
INC STOCK 419870100 3 140 SHARES X 1 140 0 0
HAYNES COMMON
INTERNATIONAL INC STOCK 420877201 213 2525 SHARES X 1 2335 0 190
HCC INS HLDGS INC COMMON
COM STOCK 404132102 396 11854 SHARES X 1 10964 0 890
HEALTH CARE COMMON
PROPERTY (REIT) STOCK 421915109 140 4856 SHARES X 1 N.A. N.A. N.A.
HEALTH CARE REIT INC COMMON
STOCK 42217K106 40 1000 SHARES X 1 N.A. N.A. N.A.
HEALTH CARE REIT INC COMMON
STOCK 42217K106 40 1000 SHARES X 1 N.A. N.A. N.A.
HEALTH MANAGEMENT- COMMON
CLASS A STOCK 421933102 155 13668 SHARES X 1 13668 0 0
11 of 43
SEC USE _______________________________________
COLUMN 5
------------------------
COLUMN 6 COLUMN 8
SHARES INVESTMENT AUTHORITY VOTING AUTHORITY
COLUMN 2 COLUMN 4 OR SHARES PUT ---------------------- COLUMN 7 -------------------
COLUMN 1 TITLE OF COLUMN 3 VALUE PRINCIPAL OR OR SHARED - SHARED - OTHER
NAME OF ISSUER CLASS CUSIP (X $1,000) AMOUNT PRINCIPAL CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED OTHER
-------------- --------- --------- ---------- --------- --------- ---- ---- -------- -------- -------- ------ ------ -----
HEALTH MANAGEMENT- COMMON
CLASS A STOCK 421933102 132 11630 SHARES X 1 9430 0 2200
HEALTH NET INC COM COMMON
STOCK 42222G108 162 3069 SHARES X 1 2869 0 200
HEALTH NET INC COM COMMON
STOCK 42222G108 32 600 SHARES X 1 600 0 0
HEALTHCARE REALTY COMMON
TRUST INC (R STOCK 421946104 9 330 SHARES X 1 N.A. N.A. N.A.
HEALTHCARE REALTY COMMON
TRUST INC (R STOCK 421946104 6 200 SHARES X 1 N.A. N.A. N.A.
HEALTHEXTRAS COMMON
INCORPORATED STOCK 422211102 12 400 SHARES X 1 400 0 0
HEALTHSOUTH CORP COMMON
STOCK 421924309 9 500 SHARES X 1 500 0 0
HEALTHWAYS INC COMMON
STOCK 422245100 4 75 SHARES X 1 75 0 0
HEINZ H J CO COM COMMON
STOCK 423074103 1141 24046 SHARES X 1 24046 0 0
HEINZ H J CO COM COMMON
STOCK 423074103 866 18237 SHARES X 1 12487 0 5750
HELIX ENERGY COMMON
SOLUTIONS GRP STOCK 42330P107 9 218 SHARES X 1 218 0 0
HENRY SCHEIN INC COM COMMON
STOCK 806407102 11 200 SHARES X 1 200 0 0
HERCULES INC COMMON
STOCK 427056106 100 5100 SHARES X 1 5100 0 0
HERLEY INDUSTRIES INC COMMON
STOCK 427398102 3 180 SHARES X 1 180 0 0
HERMAN MILLER INC COMMON
STOCK 600544100 21 650 SHARES X 1 650 0 0
HEWLETT- PACKARD CO COMMON
STOCK 428236103 8745 195998 SHARES X 1 193786 0 2212
HEWLETT- PACKARD CO COMMON
STOCK 428236103 2950 66103 SHARES X 1 60103 0 6000
HIGH YIELD PLUS FUND PREFERRED
STOCK 429906100 1 211 SHARES X 1 N.A. N.A. N.A.
HIGHWOODS PROPERTIES COMMON
(REIT) STOCK 431284108 19 500 SHARES X 1 N.A. N.A. N.A.
HIGHWOODS PROPERTIES COMMON
(REIT) STOCK 431284108 19 500 SHARES X 1 N.A. N.A. N.A.
HILTON HOTELS CORP COMMON
STOCK 432848109 973 29083 SHARES X 1 29083 0 0
HILTON HOTELS CORP COMMON
STOCK 432848109 18 525 SHARES X 1 525 0 0
HOLLY CORPORATION COMMON
STOCK 435758305 33 451 SHARES X 1 451 0 0
HOLOGIC INC COM COMMON
STOCK 436440101 133 2400 SHARES X 1 1600 0 800
HOME DEPOT INC COM COMMON
STOCK 437076102 14713 373892 SHARES X 1 368817 0 5075
HOME DEPOT INC COM COMMON
STOCK 437076102 5735 145756 SHARES X 1 137296 0 8460
HOME PROPERTIES INC COMMON
(REIT) STOCK 437306103 92 1775 SHARES X 1 N.A. N.A. N.A.
HOME PROPERTIES INC COMMON
(REIT) STOCK 437306103 493 9488 SHARES X 1 N.A. N.A. N.A.
HONEYWELL INTL INC COMMON
COM STOCK 438516106 894 15882 SHARES X 1 15882 0 0
HONEYWELL INTL INC COMMON
COM STOCK 438516106 1951 34660 SHARES X 1 34660 0 0
HORIZON LINES COMMON
INC-CLASS A STOCK 44044K101 75 2285 SHARES X 1 2100 0 185
HOSPIRA INC COMMON
STOCK 441060100 142 3650 SHARES X 1 3650 0 0
HOSPIRA INC COMMON
STOCK 441060100 147 3755 SHARES X 1 3385 0 370
HOSPITALITY COMMON
PROPERTIES TRUST ( STOCK 44106M102 37 900 SHARES X 1 N.A. N.A. N.A.
HOSPITALITY COMMON
PROPERTIES TRUST ( STOCK 44106M102 12 300 SHARES X 1 N.A. N.A. N.A.
HOST HOTELS & COMMON
RESORTS INC STOCK 44107P104 4 178 SHARES X 1 N.A. N.A. N.A.
HOST HOTELS & COMMON
RESORTS INC STOCK 44107P104 7 303 SHARES X 1 N.A. N.A. N.A.
HOUSTON WIRE & CABLE COMMON
CO STOCK 44244K109 60 2100 SHARES X 1 1900 0 200
HOVNANIAN COMMON
ENTERPRISES-A STOCK 442487203 2 100 SHARES X 1 100 0 0
HRPT PROPERTIES COMMON
TRUST (REIT) STOCK 40426W101 2 148 SHARES X 1 N.A. N.A. N.A.
HRPT PROPERTIES COMMON
TRUST (REIT) STOCK 40426W101 12 1200 SHARES X 1 N.A. N.A. N.A.
HSBC HOLDINGS PLC COMMON
SPON ADR STOCK 404280406 107 1164 SHARES X 1 1164 0 0
HSBC HOLDINGS PLC COMMON
SPON ADR STOCK 404280406 78 850 SHARES X 1 850 0 0
HUANENG POWER INTL- COMMON
SPONS ADR STOCK 443304100 122 2620 SHARES X 1 2620 0 0
HUB GROUP INC CLASS A COMMON
STOCK 443320106 88 2515 SHARES X 1 2300 0 215
HUBBELL INC CL B COMMON
STOCK 443510201 130 2390 SHARES X 1 2200 0 190
HUBBELL INC CL B COMMON
STOCK 443510201 27 500 SHARES X 1 500 0 0
HUDSON TECHNOLOGIES COMMON
INC STOCK 444144109 1 500 SHARES X 1 500 0 0
HUGOTON ROYALTY TRUST COMMON
STOCK 444717102 1 50 SHARES X 1 50 0 0
HUMAN GENOME COMMON
SCIENCES INC STOCK 444903108 55 6200 SHARES X 1 6200 0 0
HUMANA INC COM COMMON
STOCK 444859102 18 300 SHARES X 1 300 0 0
HUNTINGTON COMMON
BANCSHARES INC COM STOCK 446150104 7 300 SHARES X 1 300 0 0
HUTTIG BLDG PRODS INC COMMON
STOCK 448451104 0 15 SHARES X 1 15 0 0
IAC/INTERACTIVE CORP COMMON
STOCK 44919P300 3 100 SHARES X 1 100 0 0
IAC/INTERACTIVE CORP COMMON
STOCK 44919P300 55 1600 SHARES X 1 1600 0 0
ICICI BANK LIMITED COMMON
SPONSORED A STOCK 45104G104 15 300 SHARES X 1 300 0 0
IDACORP INC COMMON
STOCK 451107106 32 1000 SHARES X 1 0 0 1000
IDEARC INC COMMON
STOCK 451663108 171 4847 SHARES X 1 4842 0 5
IDEARC INC COMMON
STOCK 451663108 215 6080 SHARES X 1 6003 0 77
IGI INC COMMON
STOCK 449575109 0 200 SHARES X 1 200 0 0
ILLINOIS TOOL WKS COMMON
INC COM STOCK 452308109 992 18310 SHARES X 1 18310 0 0
ILLINOIS TOOL WKS COMMON
INC COM STOCK 452308109 952 17575 SHARES X 1 17575 0 0
IMATION CORPORATION COMMON
COM STOCK 45245A107 2 41 SHARES X 1 41 0 0
IMAX CORPORATION COMMON
STOCK 45245E109 4 1000 SHARES X 1 1000 0 0
IMPAC MORTGAGE COMMON
HOLDINGS INC(RE STOCK 45254P102 1 200 SHARES X 1 N.A. N.A. N.A.
IMPERIAL OIL LTD COMMON
STOCK 453038408 232 5000 SHARES X 1 5000 0 0
IMPLANT SCIENCES CORP COMMON
STOCK 45320R108 4 2500 SHARES X 1 2500 0 0
IMS HEALTH INC COM COMMON
STOCK 449934108 551 17162 SHARES X 1 16664 0 498
IMS HEALTH INC COM COMMON
STOCK 449934108 183 5682 SHARES X 1 5382 0 300
INCYTE GENOMICS INC COMMON
COM STOCK 45337C102 2 400 SHARES X 1 400 0 0
INDIA FUND PREFERRED
STOCK 454089103 13 293 SHARES X 1 N.A. N.A. N.A.
INDYMAC BANCORP INC COMMON
STOCK 456607100 8 271 SHARES X 1 271 0 0
INERGY LP COMMON
STOCK 456615103 36 1000 SHARES X 1 1000 0 0
INFOSYS TECHNOLOGIES COMMON
LTDSPON A STOCK 456788108 10 200 SHARES X 1 200 0 0
INFRASOURCE SERVICES COMMON
INC STOCK 45684P102 195 5255 SHARES X 1 4900 0 355
ING GLOBAL EQUITY PREFERRED
DIV & PREM O STOCK 45684E107 24 1150 SHARES X 1 N.A. N.A. N.A.
ING GROEP NV COMMON
SPONSORED ADR STOCK 456837103 24 550 SHARES X 1 550 0 0
ING PRIME RATE TR PREFERRED
STOCK 44977W106 22 3000 SHARES X 1 N.A. N.A. N.A.
12 of 43
SEC USE _______________________________________
COLUMN 5
------------------------
COLUMN 6 COLUMN 8
SHARES INVESTMENT AUTHORITY VOTING AUTHORITY
COLUMN 2 COLUMN 4 OR SHARES PUT ---------------------- COLUMN 7 -------------------
COLUMN 1 TITLE OF COLUMN 3 VALUE PRINCIPAL OR OR SHARED - SHARED - OTHER
NAME OF ISSUER CLASS CUSIP (X $1,000) AMOUNT PRINCIPAL CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED OTHER
-------------- --------- --------- ---------- --------- --------- ---- ---- -------- -------- -------- ------ ------ -----
INGERSOLL-RAND COMMON
COMPANY LTD-A STOCK G4776G101 203 3700 SHARES X 1 3700 0 0
INGERSOLL-RAND COMMON
COMPANY LTD-A STOCK G4776G101 491 8950 SHARES X 1 8950 0 0
INGRAM MICRO INC CL A COMMON
STOCK 457153104 4 200 SHARES X 1 200 0 0
INSIGHT ENTERPRISES COMMON
INC COM STOCK 45765U103 101 4475 SHARES X 1 4100 0 375
INTEGRATED COMMON
ELECTRICAL SERVICES STOCK 45811E301 129 3920 SHARES X 1 3600 0 320
INTEGRYS ENERGY COMMON
GROUP INC STOCK 45822P105 36 700 SHARES X 1 700 0 0
INTEGRYS ENERGY COMMON
GROUP INC STOCK 45822P105 18 350 SHARES X 1 350 0 0
INTEL CORP COM COMMON
STOCK 458140100 15236 641777 SHARES X 1 629156 0 12621
INTEL CORP COM COMMON
STOCK 458140100 5958 250961 SHARES X 1 215906 0 35055
INTERCONTINENTAL COMMON
EXCHANGE INC STOCK 45865V100 1691 11439 SHARES X 1 11338 0 101
INTERCONTINENTAL COMMON
HOTELS-ADR STOCK 45857P301 4 167 SHARES X 1 167 0 0
INTERDIGITAL COMM COMMON
CORP STOCK 45866A105 32 1000 SHARES X 1 1000 0 0
INTERNATIONAL COMMON
BUSINESS MACHINE STOCK 459200101 40858 388204 SHARES X 1 361550 0 26654
INTERNATIONAL COMMON
BUSINESS MACHINE STOCK 459200101 14193 134849 SHARES X 1 125374 0 9475
INTERNATIONAL GAME COMMON
TECH COM STOCK 459902102 33 825 SHARES X 1 825 0 0
INTERNATIONAL GAME COMMON
TECH COM STOCK 459902102 119 3000 SHARES X 1 3000 0 0
INTERNATIONAL PAPER COMMON
CO COM STOCK 460146103 765 19591 SHARES X 1 18841 0 750
INTERNATIONAL PAPER COMMON
CO COM STOCK 460146103 380 9731 SHARES X 1 5195 0 4536
INTERNATIONAL COMMON
RECTIFIER CORP STOCK 460254105 347 9325 SHARES X 1 8125 0 1200
INTERNATIONAL COMMON
RECTIFIER CORP STOCK 460254105 159 4275 SHARES X 1 4275 0 0
INTERNATIONAL COMMON
SPEEDWAY CORP CL STOCK 460335201 7 125 SHARES X 1 125 0 0
INTERNATIONAL COMMON
SPEEDWAY CORP CL STOCK 460335201 6 120 SHARES X 1 120 0 0
INTL FLAVORS & COMMON
FRAGRANCES INC STOCK 459506101 36 700 SHARES X 1 700 0 0
INTUIT INC COM COMMON
STOCK 461202103 187 6210 SHARES X 1 5895 0 315
INTUIT INC COM COMMON
STOCK 461202103 18 600 SHARES X 1 600 0 0
INTUITIVE SURGICAL COMMON
INC STOCK 46120E602 2378 17133 SHARES X 1 16785 0 348
INTUITIVE SURGICAL COMMON
INC STOCK 46120E602 121 875 SHARES X 1 875 0 0
INVACARE CORP COM COMMON
STOCK 461203101 4 200 SHARES X 1 200 0 0
INVITROGEN CORP COM COMMON
STOCK 46185R100 178 2417 SHARES X 1 2257 0 160
INVITROGEN CORP COM COMMON
STOCK 46185R100 30 400 SHARES X 1 0 0 400
IOWA
TELECOMMUNICATIONS COMMON
SERVIC STOCK 462594201 57 2500 SHARES X 1 2500 0 0
ISHARES COHEN & PREFERRED
STEERS RLTY IN STOCK 464287564 41 450 SHARES X 1 N.A. N.A. N.A.
ISHARES DJ SELECT PREFERRED
DIVIDEND IND STOCK 464287168 150 2085 SHARES X 1 N.A. N.A. N.A.
ISHARES DJ SELECT PREFERRED
DIVIDEND IND STOCK 464287168 18 250 SHARES X 1 N.A. N.A. N.A.
ISHARES DJ US BASIC PREFERRED
MATERIALS STOCK 464287838 44 625 SHARES X 1 N.A. N.A. N.A.
ISHARES DJ US COMMON
HEALTHCARE SECTO STOCK 464287762 21 300 SHARES X 1 300 0 0
ISHARES DJ US TECH COMMON
SEC INDEX F STOCK 464287721 30 500 SHARES X 1 500 0 0
ISHARES DOW JONES US PREFERRED
TRANS IND STOCK 464287192 5 60 SHARES X 1 N.A. N.A. N.A.
ISHARES DOW JONES US PREFERRED
UTIL SECT STOCK 464287697 37 385 SHARES X 1 N.A. N.A. N.A.
ISHARES FTSE/XINHUA PREFERRED
CHINA 25 STOCK 464287184 8 61 SHARES X 1 N.A. N.A. N.A.
ISHARES FTSE/XINHUA PREFERRED
CHINA 25 STOCK 464287184 30 234 SHARES X 1 N.A. N.A. N.A.
ISHARES LEHMAN UST PREFERRED
INF PR S STOCK 464287176 122 1235 SHARES X 1 N.A. N.A. N.A.
ISHARES MSCI PREFERRED
AUSTRALIA INDEX F STOCK 464286103 12 415 SHARES X 1 N.A. N.A. N.A.
ISHARES MSCI BRAZIL COMMON
INDEX FUND STOCK 464286400 8 128 SHARES X 1 128 0 0
ISHARES MSCI CANADA PREFERRED
INDEX FD STOCK 464286509 11 365 SHARES X 1 N.A. N.A. N.A.
ISHARES MSCI EAFE PREFERRED
INDEX FD STOCK 464287465 1351 16730 SHARES X 1 N.A. N.A. N.A.
ISHARES MSCI EAFE PREFERRED
INDEX FD STOCK 464287465 1388 17180 SHARES X 1 N.A. N.A. N.A.
ISHARES MSCI PREFERRED
EMERGING MARKETS STOCK 464287234 29 224 SHARES X 1 N.A. N.A. N.A.
ISHARES MSCI PREFERRED
EMERGING MARKETS STOCK 464287234 97 735 SHARES X 1 N.A. N.A. N.A.
ISHARES MSCI GERMANY PREFERRED
INDEX FD STOCK 464286806 19 560 SHARES X 1 N.A. N.A. N.A.
ISHARES MSCI JAPAN PREFERRED
INDEX FD STOCK 464286848 138 9500 SHARES X 1 N.A. N.A. N.A.
ISHARES MSCI JAPAN PREFERRED
INDEX FD STOCK 464286848 13 900 SHARES X 1 N.A. N.A. N.A.
ISHARES MSCI COMMON
MALAYSIA INDEX FD STOCK 464286830 8 658 SHARES X 1 658 0 0
ISHARES MSCI MEXICO PREFERRED
INDEX FUND STOCK 464286822 8 126 SHARES X 1 N.A. N.A. N.A.
ISHARES MSCI COMMON
SINGAPORE INDEX F STOCK 464286673 13 983 SHARES X 1 983 0 0
ISHARES RUSSELL 1000 PREFERRED
INDEX FD STOCK 464287622 4085 50027 SHARES X 1 N.A. N.A. N.A.
ISHARES RUSSELL 1000 PREFERRED
VALUE IND STOCK 464287598 48 555 SHARES X 1 N.A. N.A. N.A.
ISHARES RUSSELL 2000 PREFERRED
GRWTH FD STOCK 464287648 155 1800 SHARES X 1 N.A. N.A. N.A.
ISHARES RUSSELL 2000 PREFERRED
INDEX FD STOCK 464287655 1822 21958 SHARES X 1 N.A. N.A. N.A.
ISHARES RUSSELL 2000 PREFERRED
INDEX FD STOCK 464287655 22 260 SHARES X 1 N.A. N.A. N.A.
ISHARES RUSSELL 2000 PREFERRED
VALUE STOCK 464287630 26 311 SHARES X 1 N.A. N.A. N.A.
ISHARES S&P 500 COMMON
BARRA VALUE IN STOCK 464287408 241 2950 SHARES X 1 2950 0 0
ISHARES S&P 500 PREFERRED
INDEX FD STOCK 464287200 2543 16897 SHARES X 1 N.A. N.A. N.A.
ISHARES S&P PREFERRED
500/BARRA GRWTH IN STOCK 464287309 827 12035 SHARES X 1 N.A. N.A. N.A.
ISHARES S&P EUROPE PREFERRED
350 INDEX F STOCK 464287861 175 1500 SHARES X 1 N.A. N.A. N.A.
ISHARES S&P GSTI PREFERRED
TECHNOLOGY ID STOCK 464287549 20 350 SHARES X 1 N.A. N.A. N.A.
ISHARES S&P LATIN COMMON
AMERICA 40 I STOCK 464287390 8 36 SHARES X 1 36 0 0
ISHARES S&P MIDCAP PREFERRED
400 BARRA G STOCK 464287606 413 4578 SHARES X 1 N.A. N.A. N.A.
ISHARES S&P MIDCAP PREFERRED
400 INDEX F STOCK 464287507 451 5050 SHARES X 1 N.A. N.A. N.A.
ISHARES S&P MIDCAP PREFERRED
400/BARRA V STOCK 464287705 335 3865 SHARES X 1 N.A. N.A. N.A.
ISHARES S&P MIDCAP PREFERRED
400/BARRA V STOCK 464287705 43 500 SHARES X 1 N.A. N.A. N.A.
ISHARES S&P SMALLCAP PREFERRED
600 BARRA STOCK 464287879 222 2800 SHARES X 1 N.A. N.A. N.A.
ISHARES S&P SMALLCAP PREFERRED
600 BARRA STOCK 464287887 311 2197 SHARES X 1 N.A. N.A. N.A.
ISHARES S&P SMALLCAP PREFERRED
600 INDEX STOCK 464287804 524 7370 SHARES X 1 N.A. N.A. N.A.
ISHARES S&P SMALLCAP PREFERRED
600 INDEX STOCK 464287804 328 4615 SHARES X 1 N.A. N.A. N.A.
ISIS PHARMACEUTICALS COMMON
COM STOCK 464330109 3 350 SHARES X 1 350 0 0
ISTAR FINL INC COM COMMON
STOCK 45031U101 111 2500 SHARES X 1 N.A. N.A. N.A.
I-TRAX INC COMMON
STOCK 45069D203 1 300 SHARES X 1 300 0 0
13 of 43
SEC USE _______________________________________
COLUMN 5
------------------------
COLUMN 6 COLUMN 8
SHARES INVESTMENT AUTHORITY VOTING AUTHORITY
COLUMN 2 COLUMN 4 OR SHARES PUT ---------------------- COLUMN 7 -------------------
COLUMN 1 TITLE OF COLUMN 3 VALUE PRINCIPAL OR OR SHARED - SHARED - OTHER
NAME OF ISSUER CLASS CUSIP (X $1,000) AMOUNT PRINCIPAL CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED OTHER
-------------- --------- --------- ---------- --------- --------- ---- ---- -------- -------- -------- ------ ------ -----
ITT CORP COMMON
STOCK 450911102 733 10734 SHARES X 1 9974 0 760
ITT CORP COMMON
STOCK 450911102 186 2728 SHARES X 1 2728 0 0
IXIA COMMON
STOCK 45071R109 7 775 SHARES X 1 775 0 0
JABIL CIRCUIT INC COMMON
STOCK 466313103 214 9675 SHARES X 1 9675 0 0
JABIL CIRCUIT INC COMMON
STOCK 466313103 117 5300 SHARES X 1 5300 0 0
JACOBS ENGINEERING COMMON
GROUP INC C STOCK 469814107 719 12500 SHARES X 1 12500 0 0
JACOBS ENGINEERING COMMON
GROUP INC C STOCK 469814107 92 1600 SHARES X 1 1600 0 0
JARDEN CORPORATION COMMON
STOCK 471109108 57 1320 SHARES X 1 1200 0 120
JDS UNIPHASE CORP COMMON
STOCK 46612J507 3 189 SHARES X 1 189 0 0
JETBLUE AIRWAYS COMMON
CORPORATION STOCK 477143101 1 100 SHARES X 1 100 0 0
JM SMUCKER CO COMMON
STOCK 832696405 172 2703 SHARES X 1 2606 0 97
JM SMUCKER CO COMMON
STOCK 832696405 425 6675 SHARES X 1 6077 0 598
JOHN HANCOCK BANK & PREFERRED
THRIFT OPP STOCK 409735107 18 2000 SHARES X 1 N.A. N.A. N.A.
JOHN HANCOCK PATR PREFERRED
PREM DIV FD STOCK 41013T105 12 1123 SHARES X 1 N.A. N.A. N.A.
JOHN HANCOCK PFD INC PREFERRED
FD II STOCK 41013X106 27 1150 SHARES X 1 N.A. N.A. N.A.
JOHN HANCOCK PFD INC PREFERRED
FD III STOCK 41021P103 18 809 SHARES X 1 N.A. N.A. N.A.
JOHNSON & JOHNSON COMMON
STOCK 478160104 31108 504838 SHARES X 1 496738 0 8100
JOHNSON & JOHNSON COMMON
STOCK 478160104 30589 496413 SHARES X 1 481851 0 14562
JOHNSON CONTROLS INC COMMON
COM STOCK 478366107 1043 9005 SHARES X 1 9005 0 0
JOHNSON CONTROLS INC COMMON
COM STOCK 478366107 262 2260 SHARES X 1 2260 0 0
JOS A BANK CLOTHIERS COMMON
INC STOCK 480838101 112 2700 SHARES X 1 2550 0 150
JOY GLOBAL COMMON
INCORPORATED STOCK 481165108 2910 49895 SHARES X 1 49515 0 380
JOY GLOBAL COMMON
INCORPORATED STOCK 481165108 64 1100 SHARES X 1 1100 0 0
JPMORGAN CHASE & CO COMMON
STOCK 46625H100 11883 245272 SHARES X 1 242096 0 3176
JPMORGAN CHASE & CO COMMON
STOCK 46625H100 7244 149511 SHARES X 1 137880 0 11631
KADANT INC COM COMMON
STOCK 48282T104 31 1000 SHARES X 1 1000 0 0
KANSAS CITY SOUTHERN COMMON
STOCK 485170302 94 2505 SHARES X 1 2300 0 205
KANSAS LIFE INS CO COMMON
COM STOCK 484836101 70 1500 SHARES X 1 1500 0 0
KAYNE ANDERSON MLP PREFERRED
INVESTMENT STOCK 486606106 84 2541 SHARES X 1 N.A. N.A. N.A.
KB HOME COM COMMON
STOCK 48666K109 8 200 SHARES X 1 200 0 0
KBR INC COMMON
STOCK 48242W106 134 5115 SHARES X 1 4700 0 415
KELLOGG CO COM COMMON
STOCK 487836108 1109 21406 SHARES X 1 21406 0 0
KELLOGG CO COM COMMON
STOCK 487836108 1120 21622 SHARES X 1 20025 0 1597
KENNAMETAL INC COMMON
STOCK 489170100 107 1305 SHARES X 1 1200 0 105
KEYCORP NEW COM COMMON
STOCK 493267108 364 10615 SHARES X 1 10615 0 0
KEYCORP NEW COM COMMON
STOCK 493267108 143 4175 SHARES X 1 4175 0 0
KEYSPAN CORP COM COMMON
STOCK 49337W100 64 1526 SHARES X 1 1426 0 100
KEYSPAN CORP COM COMMON
STOCK 49337W100 37 880 SHARES X 1 880 0 0
KIMBERLY CLARK CORP COMMON
STOCK 494368103 5574 83338 SHARES X 1 83338 0 0
KIMBERLY CLARK CORP COMMON
STOCK 494368103 4048 60522 SHARES X 1 53772 0 6750
KIMCO REALTY CORP COMMON
(REIT) STOCK 49446R109 24 622 SHARES X 1 N.A. N.A. N.A.
KINDER MORGAN ENERGY COMMON
PARTNERS STOCK 494550106 156 2830 SHARES X 1 2830 0 0
KINDER MORGAN ENERGY COMMON
PARTNERS STOCK 494550106 57 1025 SHARES X 1 1025 0 0
KINDER MORGAN COMMON
MANAGEMENT LLC STOCK 49455U100 80 1548 SHARES X 1 1548 0 0
KINETIC CONCEPTS INC COMMON
STOCK 49460W208 30 579 SHARES X 1 579 0 0
KINETIC CONCEPTS INC COMMON
STOCK 49460W208 49 950 SHARES X 1 950 0 0
KING PHARMACEUTICALS COMMON
INC COM STOCK 495582108 23 1142 SHARES X 1 1142 0 0
KINROSS GOLD COMMON
CORPORATION STOCK 496902404 17 1419 SHARES X 1 1419 0 0
KKR FINANCIAL CORP COMMON
REIT STOCK 48248A306 125 5000 SHARES X 1 N.A. N.A. N.A.
KKR FINANCIAL CORP COMMON
REIT STOCK 48248A306 37 1500 SHARES X 1 N.A. N.A. N.A.
KLA TENCOR CORP COM COMMON
STOCK 482480100 11 200 SHARES X 1 200 0 0
KMG CHEMICALS INC COMMON
STOCK 482564101 75 2835 SHARES X 1 2609 0 226
KNIGHTSBRIDGE COMMON
TANKERS LTD STOCK G5299G106 15 500 SHARES X 1 500 0 0
KOHLS CORP COM COMMON
STOCK 500255104 430 6059 SHARES X 1 6059 0 0
KOHLS CORP COM COMMON
STOCK 500255104 215 3020 SHARES X 1 3020 0 0
KONINKLIJKE PHILIPS COMMON
ELEC N V N STOCK 500472303 19 450 SHARES X 1 450 0 0
KORN/FERRY INTL COMMON
STOCK 500643200 22 848 SHARES X 1 848 0 0
KRAFT FOODS INC CL A COMMON
STOCK 50075N104 8084 229343 SHARES X 1 226495 0 2848
KRAFT FOODS INC CL A COMMON
STOCK 50075N104 3725 105677 SHARES X 1 100654 0 5023
KROGER CO COMMON
STOCK 501044101 380 13525 SHARES X 1 13525 0 0
KROGER CO COMMON
STOCK 501044101 100 3550 SHARES X 1 3050 0 500
K-SWISS INC CL A COMMON
STOCK 482686102 16 552 SHARES X 1 552 0 0
KYPHON INC COMMON
STOCK 501577100 79 1635 SHARES X 1 1500 0 135
L 3 COMMUNICATIONS COMMON
CORP COM STOCK 502424104 34 345 SHARES X 1 345 0 0
L 3 COMMUNICATIONS COMMON
CORP COM STOCK 502424104 92 945 SHARES X 1 945 0 0
LADISH CO INC COMMON
STOCK 505754200 150 3495 SHARES X 1 3200 0 295
LAM RESH CORP COMMON
STOCK 512807108 34 670 SHARES X 1 670 0 0
LAM RESH CORP COMMON
STOCK 512807108 25 485 SHARES X 1 485 0 0
LANCE INC COMMON
STOCK 514606102 13 532 SHARES X 1 532 0 0
LAS VEGAS SANDS CORP COMMON
STOCK 517834107 23 300 SHARES X 1 300 0 0
LASALLE HOTEL PROP COMMON
REIT STOCK 517942108 4 100 SHARES X 1 N.A. N.A. N.A.
LAUDER ESTEE CO CL A COMMON
STOCK 518439104 5486 120535 SHARES X 1 115512 0 5023
LAUDER ESTEE CO CL A COMMON
STOCK 518439104 475 10430 SHARES X 1 7790 0 2640
LAUREATE EDUCATION COMMON
INC STOCK 518613104 2129 34527 SHARES X 1 32894 0 1633
LAUREATE EDUCATION COMMON
INC STOCK 518613104 88 1420 SHARES X 1 960 0 460
LAW ENFORCEMENT COMMON
ASSOCIATES COR STOCK 519485106 0 700 SHARES X 1 700 0 0
LAWSON SOFTWARE INC COMMON
STOCK 52078P102 82 8310 SHARES X 1 7600 0 710
LAZARD WORLD PREFERRED
DIVIDEND & INCOME STOCK 521076109 11 460 SHARES X 1 N.A. N.A. N.A.
14 of 43
SEC USE _______________________________________
COLUMN 5
------------------------
COLUMN 6 COLUMN 8
SHARES INVESTMENT AUTHORITY VOTING AUTHORITY
COLUMN 2 COLUMN 4 OR SHARES PUT ---------------------- COLUMN 7 --------------------
COLUMN 1 TITLE OF COLUMN 3 VALUE PRINCIPAL OR OR SHARED - SHARED - OTHER
NAME OF ISSUER CLASS CUSIP (X $1,000) AMOUNT PRINCIPAL CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED OTHER
-------------- --------- --------- ---------- --------- --------- ---- ---- -------- -------- -------- ------ ------ ------
LEAR CORP COMMON
STOCK 521865105 29 801 SHARES X 1 801 0 0
LEAR CORP COMMON
STOCK 521865105 33 925 SHARES X 1 925 0 0
LEESPORT FINANCIAL COMMON
CORP STOCK 524477106 43 2180 SHARES X 1 2180 0 0
LEGG MASON INC COMMON
STOCK 524901105 3002 30515 SHARES X 1 30240 0 275
LEGG MASON INC COMMON
STOCK 524901105 506 5143 SHARES X 1 4993 0 150
LEGGETT & PLATT INC COMMON
STOCK 524660107 176 8000 SHARES X 1 8000 0 0
LEHMAN BROTHERS COMMON
HLDGS INC COM STOCK 524908100 8972 118368 SHARES X 1 116222 0 2146
LEHMAN BROTHERS COMMON
HLDGS INC COM STOCK 524908100 1251 16504 SHARES X 1 15279 0 1225
LEVEL 3 COMMON
COMMUNICATIONS INC STOCK 52729N100 35 6000 SHARES X 1 6000 0 0
LEXINGTON REALTY COMMON
TRUST STOCK 529043101 26 1235 SHARES X 1 N.A. N.A. N.A.
LEXINGTON REALTY COMMON
TRUST STOCK 529043101 26 1257 SHARES X 1 N.A. N.A. N.A.
LIBERTY GLOBAL INC COMMON
- CL A STOCK 530555101 9 213 SHARES X 1 213 0 0
LIBERTY GLOBAL INC COMMON
- CL A STOCK 530555101 86 2100 SHARES X 1 2100 0 0
LIBERTY GLOBAL INC COMMON
CL C STOCK 530555309 8 216 SHARES X 1 216 0 0
LIBERTY GLOBAL INC COMMON
CL C STOCK 530555309 134 3400 SHARES X 1 3400 0 0
LIBERTY GLOBAL COMMON
INC-CL B STOCK 530555200 53 1300 SHARES X 1 1300 0 0
LIBERTY MEDIA HLDG COMMON
CORP - CAP STOCK 53071M302 222 1884 SHARES X 1 1884 0 0
LIBERTY MEDIA HLDG COMMON
CORP - CAP STOCK 53071M302 341 2900 SHARES X 1 2900 0 0
LIBERTY MEDIA HLDG COMMON
CORP - CAP STOCK 53071M401 153 1300 SHARES X 1 1300 0 0
LIBERTY MEDIA HLDG COMMON
CORP - INTE STOCK 53071M104 204 9120 SHARES X 1 9120 0 0
LIBERTY MEDIA HLDG COMMON
CORP - INTE STOCK 53071M104 324 14500 SHARES X 1 14500 0 0
LIBERTY MEDIA HLDG COMMON
CORP - INTE STOCK 53071M203 144 6500 SHARES X 1 6500 0 0
LIFECELL CORP COMMON
STOCK 531927101 60 1965 SHARES X 1 1800 0 165
LILLY ELI & CO COMMON
STOCK 532457108 6628 118610 SHARES X 1 117297 0 1313
LILLY ELI & CO COMMON
STOCK 532457108 5713 102239 SHARES X 1 99894 1600 745
LIMITED BRANDS, INC COMMON
COM STOCK 532716107 5 200 SHARES X 1 200 0 0
LINCOLN NATIONAL COMMON
CORP STOCK 534187109 5474 77156 SHARES X 1 72595 0 4561
LINCOLN NATIONAL COMMON
CORP STOCK 534187109 1010 14237 SHARES X 1 14237 0 0
LINEAR TECHNOLOGY COMMON
CORP COM STOCK 535678106 349 9655 SHARES X 1 8905 0 750
LINEAR TECHNOLOGY COMMON
CORP COM STOCK 535678106 114 3140 SHARES X 1 1350 0 1790
LIVE NATION INC COMMON
STOCK 538034109 1 65 SHARES X 1 65 0 0
LIVE NATION INC COMMON
STOCK 538034109 6 277 SHARES X 1 277 0 0
LIZ CLAIBORNE INC COMMON
STOCK 539320101 22 600 SHARES X 1 600 0 0
LJ INTERNATIONAL INC COMMON
STOCK G55312105 4 400 SHARES X 1 400 0 0
LOCKHEED MARTIN COMMON
CORPORATION CO STOCK 539830109 11609 123327 SHARES X 1 121577 0 1750
LOCKHEED MARTIN COMMON
CORPORATION CO STOCK 539830109 2475 26295 SHARES X 1 24920 0 1375
LOEWS CORP COM COMMON
STOCK 540424108 138 2700 SHARES X 1 2700 0 0
LOEWS CORP COM COMMON
STOCK 540424108 61 1200 SHARES X 1 1200 0 0
LOGITECH
INTERNATIONAL SA COMMON
- RE STOCK H50430232 78 2940 SHARES X 1 2700 0 240
LOWES COS INC COM COMMON
STOCK 548661107 5597 182374 SHARES X 1 176733 0 5641
LOWES COS INC COM COMMON
STOCK 548661107 559 18219 SHARES X 1 13659 0 4560
LSI CORPORATION COMMON
STOCK 502161102 1 184 SHARES X 1 184 0 0
LSI CORPORATION COMMON
STOCK 502161102 54 7134 SHARES X 1 7126 0 8
LUBRIZOL CORP COMMON
STOCK 549271104 1132 17532 SHARES X 1 17532 0 0
LUMERA CORP COMMON
STOCK 55024R106 4 1000 SHARES X 1 1000 0 0
LUMINENT MORTGAGE COMMON
CAPITAL INC STOCK 550278303 30 3000 SHARES X 1 N.A. N.A. N.A.
LUMINEX CORPORATION COMMON
STOCK 55027E102 32 2615 SHARES X 1 2400 0 215
LYONDELL CHEMICAL COMMON
COMPANY COM STOCK 552078107 15 400 SHARES X 1 400 0 0
M & T BANK CORP COMMON
STOCK 55261F104 61884 578897 SHARES X 1 572503 0 6394
M & T BANK CORP COMMON
STOCK 55261F104 17664 165234 SHARES X 1 33950 0 131284
MACK CALI RLTY CORP COMMON
STOCK 554489104 9 200 SHARES X 1 N.A. N.A. N.A.
MACY'S INC COMMON
STOCK 55616P104 191 4808 SHARES X 1 4808 0 0
MACY'S INC COMMON
STOCK 55616P104 37 938 SHARES X 1 938 0 0
MAF BANCORP INC COM COMMON
STOCK 55261R108 416 7674 SHARES X 1 7674 0 0
MAGNA INTL INC CL A COMMON
STOCK 559222401 68 750 SHARES X 1 750 0 0
MAINE & MARITIMES COMMON
CORP STOCK 560377103 11 400 SHARES X 1 400 0 0
MANITOWOC CO INC COM COMMON
STOCK 563571108 6 75 SHARES X 1 75 0 0
MANOR CARE INC COM COMMON
STOCK 564055101 291 4450 SHARES X 1 4250 0 200
MANPOWER INC WIS COMMON
STOCK 56418H100 138 1500 SHARES X 1 1500 0 0
MANULIFE FINANCIAL COMMON
CORP STOCK 56501R106 1237 33159 SHARES X 1 33159 0 0
MANULIFE FINANCIAL COMMON
CORP STOCK 56501R106 52 1404 SHARES X 1 1404 0 0
MARATHON OIL CORP COMMON
STOCK 565849106 1119 18656 SHARES X 1 18656 0 0
MARATHON OIL CORP COMMON
STOCK 565849106 321 5360 SHARES X 1 5360 0 0
MARINER ENERGY INC COMMON
STOCK 56845T305 10 404 SHARES X 1 404 0 0
MARKET VECTORS GOLD PREFERRED
MINERS STOCK 57060U100 4 115 SHARES X 1 N.A. N.A. N.A.
MARKET VECTORS PREFERRED
STEEL INDEX FD STOCK 57060U308 8 118 SHARES X 1 N.A. N.A. N.A.
MARRIOTT INTL INC COMMON
CL A STOCK 571903202 136 3138 SHARES X 1 3138 0 0
MARSH & MCLENNAN COMMON
COS INC COM STOCK 571748102 74 2400 SHARES X 1 2400 0 0
MARSH & MCLENNAN COMMON
COS INC COM STOCK 571748102 157 5100 SHARES X 1 5100 0 0
MARSHALL & ILSLEY COMMON
CORP STOCK 571834100 248 5216 SHARES X 1 5216 0 0
MARSHALL & ILSLEY COMMON
CORP STOCK 571834100 14 300 SHARES X 1 300 0 0
MARTEK BIOSCIENCES COMMON
CORP STOCK 572901106 99 3823 SHARES X 1 3573 0 250
MARTHA STEWART COMMON
LIVING-CL A STOCK 573083102 12 700 SHARES X 1 700 0 0
MARVEL TECHNOLOGY COMMON
GROUP LTD STOCK G5876H105 14 750 SHARES X 1 750 0 0
MASCO CORP COMMON
STOCK 574599106 1224 43002 SHARES X 1 43002 0 0
MASCO CORP COMMON
STOCK 574599106 465 16344 SHARES X 1 16344 0 0
MASSEY ENERGY CO COM COMMON
STOCK 576206106 21 773 SHARES X 1 773 0 0
MASSEY ENERGY CO COM COMMON
STOCK 576206106 40 1500 SHARES X 1 1500 0 0
15 of 43
SEC USE _______________________________________
COLUMN 5
------------------------
COLUMN 6 COLUMN 8
SHARES INVESTMENT AUTHORITY VOTING AUTHORITY
COLUMN 2 COLUMN 4 OR SHARES PUT ---------------------- COLUMN 7 -------------------
COLUMN 1 TITLE OF COLUMN 3 VALUE PRINCIPAL OR OR SHARED - SHARED - OTHER
NAME OF ISSUER CLASS CUSIP (X $1,000) AMOUNT PRINCIPAL CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED OTHER
-------------- --------- --------- ---------- --------- --------- ---- ---- -------- -------- -------- ------ ------ -----
MASTEC INC COMMON
STOCK 576323109 119 7500 SHARES X 1 6900 0 600
MATRIX SERVICE COMMON
COMPANY STOCK 576853105 144 5775 SHARES X 1 5300 0 475
MATSUSHITA ELEC IND COMMON
SPON ADR STOCK 576879209 10 500 SHARES X 1 500 0 0
MATTEL INC COMMON
STOCK 577081102 10 400 SHARES X 1 400 0 0
MATTEL INC COMMON
STOCK 577081102 123 4869 SHARES X 1 4869 0 0
MAX CAPITAL GROUP LTD COMMON
STOCK G6052F103 5 165 SHARES X 1 165 0 0
MAXIM INTEGRATED COMMON
PRODS INC COM STOCK 57772K101 159 4745 SHARES X 1 4505 0 240
MAXWELL TECHNOLOGIES COMMON
INC STOCK 577767106 185 13000 SHARES X 1 13000 0 0
MC GRAW HILL COMMON
COMPANIES INC STOCK 580645109 722 10600 SHARES X 1 10600 0 0
MC GRAW HILL COMMON
COMPANIES INC STOCK 580645109 2007 29487 SHARES X 1 23887 0 5600
MCCORMICK & CO-NON COMMON
VTG SHS STOCK 579780206 2399 62835 SHARES X 1 61660 0 1175
MCCORMICK & CO-NON COMMON
VTG SHS STOCK 579780206 640 16770 SHARES X 1 13475 0 3295
MCDERMOTT INTL INC COMMON
STOCK 580037109 776 9338 SHARES X 1 9018 0 320
MCDERMOTT INTL INC COMMON
STOCK 580037109 19 225 SHARES X 1 0 0 225
MCDONALD'S COMMON
CORPORATION STOCK 580135101 3394 66856 SHARES X 1 66106 0 750
MCDONALD'S COMMON
CORPORATION STOCK 580135101 1816 35770 SHARES X 1 28910 0 6860
MCKESSON CORPORATION COMMON
COM STOCK 58155Q103 50 834 SHARES X 1 394 0 440
MCKESSON CORPORATION COMMON
COM STOCK 58155Q103 9 150 SHARES X 1 150 0 0
MCMORAN EXPLORATION COMMON
CO STOCK 582411104 2 125 SHARES X 1 125 0 0
MCMORAN EXPLORATION COMMON
CO STOCK 582411104 2 125 SHARES X 1 125 0 0
MEADWESTVACO CORP COMMON
STOCK 583334107 17 489 SHARES X 1 489 0 0
MEDAREX INC COMMON
STOCK 583916101 56 3950 SHARES X 1 3600 0 350
MEDCO HEALTH COMMON
SOLUTIONS INC STOCK 58405U102 1041 13350 SHARES X 1 12699 0 651
MEDCO HEALTH COMMON
SOLUTIONS INC STOCK 58405U102 1578 20227 SHARES X 1 17493 0 2734
MEDICIS
PHARMACEUTICAL COMMON
CORP CL STOCK 584690309 50 1635 SHARES X 1 1500 0 135
MEDTRONIC INC COMMON
STOCK 585055106 5314 102470 SHARES X 1 100470 0 2000
MEDTRONIC INC COMMON
STOCK 585055106 3117 60112 SHARES X 1 54797 0 5315
MELLON FINANCIAL CORP COMMON
STOCK 58551A108 2560 58171 SHARES X 1 58171 0 0
MELLON FINANCIAL CORP COMMON
STOCK 58551A108 126 2872 SHARES X 1 2872 0 0
MEMC ELECTRONIC COMMON
MATERIALS INC STOCK 552715104 655 10712 SHARES X 1 10512 0 200
MEMRY CORP COMMON
STOCK 586263204 1 350 SHARES X 1 350 0 0
MENS WEARHOUSE INC COMMON
COM STOCK 587118100 94 1840 SHARES X 1 1700 0 140
MENTOR CORP MINN COM COMMON
STOCK 587188103 37 900 SHARES X 1 700 0 200
MERCANTILE BANK COMMON
CORPORATION STOCK 587376104 9 317 SHARES X 1 317 0 0
MERCK & CO INC COM COMMON
STOCK 589331107 8960 179911 SHARES X 1 173911 0 6000
MERCK & CO INC COM COMMON
STOCK 589331107 8934 179394 SHARES X 1 155739 0 23655
MERIDIAN GOLD COMMON
INCORPORATED STOCK 589975101 7 250 SHARES X 1 250 0 0
MERRILL LYNCH & CO COMMON
INC STOCK 590188108 2950 35292 SHARES X 1 34917 0 375
MERRILL LYNCH & CO COMMON
INC STOCK 590188108 1110 13280 SHARES X 1 12265 0 1015
MESA LABORATORIES COMMON
INC COM STOCK 59064R109 23 1000 SHARES X 1 1000 0 0
METABOLIX INC COMMON
STOCK 591018809 3 100 SHARES X 1 100 0 0
METHANEX CORPORATION COMMON
STOCK 59151K108 22 884 SHARES X 1 884 0 0
METLIFE CAP TR I COMMON
STOCK 59156R108 56 876 SHARES X 1 876 0 0
METLIFE CAP TR I COMMON
STOCK 59156R108 99 1528 SHARES X 1 1528 0 0
MFRI INC COMMON
STOCK 552721102 92 3270 SHARES X 1 3000 0 270
MFS MUN INCOME TR SH
BEN INT OTHER 552738106 14 1700 SHARES X 1 N.A. N.A. N.A.
MFS SPECIAL VALUE PREFERRED
TRUST STOCK 55274E102 24 2125 SHARES X 1 N.A. N.A. N.A.
MGM MIRAGE COMMON
STOCK 552953101 4 50 SHARES X 1 50 0 0
MHI HOSPITALITY CORP COMMON
STOCK 55302L102 13 1200 SHARES X 1 N.A. N.A. N.A.
MICROCHIP TECHNOLOGY COMMON
INC COM STOCK 595017104 102 2765 SHARES X 1 2600 0 165
MICRON TECHNOLOGY COMMON
INC COM STOCK 595112103 5 400 SHARES X 1 400 0 0
MICRON TECHNOLOGY COMMON
INC COM STOCK 595112103 5 400 SHARES X 1 400 0 0
MICROS SYSTEMS INC COMMON
STOCK 594901100 713 13100 SHARES X 1 13100 0 0
MICROSOFT CORP COMMON
STOCK 594918104 23836 808825 SHARES X 1 784631 0 24194
MICROSOFT CORP COMMON
STOCK 594918104 7689 260903 SHARES X 1 229932 0 30971
MID PENN BANCORP COMMON
INCORPORATED STOCK 59540G107 31 1157 SHARES X 1 1157 0 0
MIDCAP SPDR TRUST COMMON
SERIES 1 S&P STOCK 595635103 2010 12337 SHARES X 1 12337 0 0
MIDCAP SPDR TRUST COMMON
SERIES 1 S&P STOCK 595635103 2871 17617 SHARES X 1 17617 0 0
MILLENNIUM COMMON
PHARMACEUTICALS COM STOCK 599902103 53 5000 SHARES X 1 5000 0 0
MINE SAFETY COMMON
APPLIANCES CO STOCK 602720104 28 650 SHARES X 1 650 0 0
MINERAL TECH INC COM COMMON
STOCK 603158106 7 100 SHARES X 1 100 0 0
MIRANT CORP COMMON
STOCK 60467R100 0 11 SHARES X 1 11 0 0
MIRANT CORP-W/I-CW11 COMMON
1 STOCK 60467R118 1 23 SHARES X 1 23 0 0
MIRANT CORP-W/I-CW11 COMMON
1 STOCK 60467R118 1 35 SHARES X 1 35 0 0
ML MACADAMIA ORCHARDS COMMON
STOCK 55307U107 1 100 SHARES X 1 100 0 0
MOHAWK INDUSTRIES COMMON
INC COM STOCK 608190104 71 700 SHARES X 1 700 0 0
MOLEX INC COMMON
STOCK 608554101 114 3812 SHARES X 1 3812 0 0
MOLEX INC COMMON
STOCK 608554101 49 1640 SHARES X 1 1640 0 0
MOLSON COORS BREWING COMMON
COMPANY STOCK 60871R209 28 300 SHARES X 1 300 0 0
MONARCH CASINO & COMMON
RESORT INC STOCK 609027107 70 2619 SHARES X 1 2619 0 0
MONSANTO COMPANY COMMON
STOCK 61166W101 213 3160 SHARES X 1 1878 0 1282
MONSANTO COMPANY COMMON
STOCK 61166W101 841 12456 SHARES X 1 12456 0 0
MONSTER WORLDWIDE COMMON
INCORPORATED STOCK 611742107 5 125 SHARES X 1 125 0 0
MONTGOMERY ST INCOME PREFERRED
SECS INC STOCK 614115103 98 5653 SHARES X 1 N.A. N.A. N.A.
MOODYS CORP COMMON
STOCK 615369105 99 1590 SHARES X 1 1590 0 0
MOODYS CORP COMMON
STOCK 615369105 535 8600 SHARES X 1 8600 0 0
MOOG INC CL A COMMON
STOCK 615394202 3 75 SHARES X 1 75 0 0
MORGAN STAN DEAN PREFERRED
QUALITY MUN I STOCK 61745P734 20 1413 SHARES X 1 N.A. N.A. N.A.
16 of 43
SEC USE _______________________________________
COLUMN 5
------------------------
COLUMN 6 COLUMN 8
SHARES INVESTMENT AUTHORITY VOTING AUTHORITY
COLUMN 2 COLUMN 4 OR SHARES PUT ---------------------- COLUMN 7 -------------------
COLUMN 1 TITLE OF COLUMN 3 VALUE PRINCIPAL OR OR SHARED - SHARED - OTHER
NAME OF ISSUER CLASS CUSIP (X $1,000) AMOUNT PRINCIPAL CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED OTHER
-------------- --------- --------- ---------- --------- --------- ---- ---- -------- -------- -------- ------ ------ -----
MORGAN STANLEY PREFERRED
EMERGING MKTS D STOCK 61744H105 15 1500 SHARES X 1 N.A. N.A. N.A.
MORGAN STANLEY GROUP COMMON
INC STOCK 617446448 10077 120134 SHARES X 1 117010 0 3124
MORGAN STANLEY GROUP COMMON
INC STOCK 617446448 2502 29831 SHARES X 1 29169 0 662
MORGAN STANLEY HIGH PREFERRED
YLD FD INC STOCK 61744M104 2 300 SHARES X 1 N.A. N.A. N.A.
MORGAN STANLEY INSD PREFERRED
MUNI INCOM STOCK 61745P791 40 2814 SHARES X 1 N.A. N.A. N.A.
MORGAN STANLEY PREFERRED
QUALITY MUNI IN STOCK 61745P668 23 1708 SHARES X 1 N.A. N.A. N.A.
MOTOROLA INC COMMON
STOCK 620076109 1781 100641 SHARES X 1 100641 0 0
MOTOROLA INC COMMON
STOCK 620076109 1044 59010 SHARES X 1 58010 0 1000
MUELLER WATER COMMON
PRODUCTS INC-A STOCK 624758108 2 100 SHARES X 1 100 0 0
MUNICIPAL MTG & EQ COMMON
LLC STOCK 62624B101 41 1700 SHARES X 1 1700 0 0
MUNICIPAL MTG & EQ COMMON
LLC STOCK 62624B101 40 1650 SHARES X 1 1650 0 0
MURPHY OIL CORP COMMON
STOCK 626717102 53 900 SHARES X 1 900 0 0
MURPHY OIL CORP COMMON
STOCK 626717102 89 1500 SHARES X 1 1500 0 0
MYLAN LABORATORIES COMMON
INC STOCK 628530107 15 800 SHARES X 1 800 0 0
MYLAN LABORATORIES COMMON
INC STOCK 628530107 27 1500 SHARES X 1 0 0 1500
MYRIAD GENETICS INC COMMON
COM STOCK 62855J104 6 150 SHARES X 1 150 0 0
N J RES CORP COMMON
STOCK 646025106 31 600 SHARES X 1 600 0 0
NABI COMMON
BIOPHARMACEUTICALS STOCK 629519109 9 2000 SHARES X 1 2000 0 0
NABORS INDUSTRIES LTD COMMON
STOCK G6359F103 2006 60109 SHARES X 1 59615 0 494
NABORS INDUSTRIES LTD COMMON
STOCK G6359F103 860 25755 SHARES X 1 25755 0 0
NAM TAI ELECTRONICS COMMON
INCORPORAT STOCK 629865205 6 500 SHARES X 1 0 0 500
NATIONAL AUSTRALIA COMMON
BK LTD STOCK 632525408 87 500 SHARES X 1 500 0 0
NATIONAL BANK OF COMMON
GREECE ADR STOCK 633643408 150 13100 SHARES X 1 13100 0 0
NATIONAL BANK OF COMMON
GREECE ADR STOCK 633643408 15 1300 SHARES X 1 1300 0 0
NATIONAL CITY CORP COMMON
COM STOCK 635405103 579 17375 SHARES X 1 17375 0 0
NATIONAL CITY CORP COMMON
COM STOCK 635405103 40 1215 SHARES X 1 1215 0 0
NATIONAL PENN COMMON
BANCSHARES INC STOCK 637138108 135 8113 SHARES X 1 8113 0 0
NATIONAL PENN COMMON
BANCSHARES INC STOCK 637138108 114 6836 SHARES X 1 6836 0 0
NATIONAL RETAIL COMMON
PROPERTIES INC STOCK 637417106 15 700 SHARES X 1 N.A. N.A. N.A.
NATIONAL
SEMICONDUCTOR CORP COMMON
CO STOCK 637640103 66 2350 SHARES X 1 2350 0 0
NATIONAL
SEMICONDUCTOR CORP COMMON
CO STOCK 637640103 87 3090 SHARES X 1 3090 0 0
NATIONAL-OILWELL COMMON
VARCO INC STOCK 637071101 26 250 SHARES X 1 250 0 0
NATIONWIDE FINL SVCS COMMON
INC STOCK 638612101 26 413 SHARES X 1 0 0 413
NATIONWIDE HEALTH COMMON
PROPERTIES ( STOCK 638620104 41 1500 SHARES X 1 N.A. N.A. N.A.
NATL FUEL GAS CO COMMON
STOCK 636180101 43 1000 SHARES X 1 1000 0 0
NATURAL GAS SERVICES COMMON
GROUP STOCK 63886Q109 72 4000 SHARES X 1 4000 0 0
NATURAL RESOURCE COMMON
PARTNERS L P STOCK 63900P103 17 434 SHARES X 1 434 0 0
NCR CORP COM COMMON
STOCK 62886E108 6 109 SHARES X 1 109 0 0
NCR CORP COM COMMON
STOCK 62886E108 77 1474 SHARES X 1 1458 0 16
NEENAH PAPER INC COMMON
STOCK 640079109 43 1035 SHARES X 1 1035 0 0
NEENAH PAPER INC COMMON
STOCK 640079109 3 65 SHARES X 1 65 0 0
NETSOL TECHNOLOGIES COMMON
INC STOCK 64115A204 1 500 SHARES X 1 500 0 0
NETWORK APPLIANCE COMMON
INC COM STOCK 64120L104 743 25440 SHARES X 1 25440 0 0
NEUROCRINE COMMON
BIOSCIENCES INC STOCK 64125C109 6 500 SHARES X 1 0 0 500
NEW AMERICAN HIGH PREFERRED
INCOME FD IN STOCK 641876107 8 3500 SHARES X 1 N.A. N.A. N.A.
NEW YORK TIMES CO CL COMMON
A STOCK 650111107 31 1220 SHARES X 1 1220 0 0
NEW YORK TIMES CO CL COMMON
A STOCK 650111107 254 10000 SHARES X 1 10000 0 0
NEWELL RUBBERMAID COMMON
INC COM STOCK 651229106 726 24668 SHARES X 1 24668 0 0
NEWELL RUBBERMAID COMMON
INC COM STOCK 651229106 373 12682 SHARES X 1 12182 0 500
NEWFIELD EXPLORATION COMMON
CO STOCK 651290108 184 4034 SHARES X 1 3814 0 220
NEWMARKET CORPORATION COMMON
STOCK 651587107 106 2200 SHARES X 1 2200 0 0
NEWMARKET CORPORATION COMMON
STOCK 651587107 263 5440 SHARES X 1 5440 0 0
NEWMONT MINING COMMON
STOCK 651639106 351 8991 SHARES X 1 8940 0 51
NEWMONT MINING COMMON
STOCK 651639106 39 1000 SHARES X 1 100 0 900
NEWS CORP INC-A COMMON
STOCK 65248E104 2932 138247 SHARES X 1 135760 0 2487
NEWS CORP INC-A COMMON
STOCK 65248E104 102 4786 SHARES X 1 4686 0 100
NEWS CORP-CLASS B COMMON
STOCK 65248E203 4 185 SHARES X 1 185 0 0
NEXEN INC COMMON
STOCK 65334H102 15 480 SHARES X 1 480 0 0
NFJ DIVIDEND, PREFERRED
INTEREST, PREMIUM STOCK 65337H109 122 4800 SHARES X 1 N.A. N.A. N.A.
NFJ DIVIDEND, PREFERRED
INTEREST, PREMIUM STOCK 65337H109 3 100 SHARES X 1 N.A. N.A. N.A.
NICHOLAS-APPLEGATE PREFERRED
INTL & PREM STOCK 65370C108 17 600 SHARES X 1 N.A. N.A. N.A.
NICOR INC COMMON
STOCK 654086107 21 500 SHARES X 1 500 0 0
NICOR INC COMMON
STOCK 654086107 41 950 SHARES X 1 950 0 0
NIKE INC CL B COMMON
STOCK 654106103 1891 32441 SHARES X 1 32441 0 0
NIKE INC CL B COMMON
STOCK 654106103 131 2240 SHARES X 1 1940 0 300
NISOURCE INC COMMON
STOCK 65473P105 96 4621 SHARES X 1 4621 0 0
NISOURCE INC COMMON
STOCK 65473P105 41 1971 SHARES X 1 1971 0 0
NOBLE CORPORATION COMMON
STOCK G65422100 138 1415 SHARES X 1 1415 0 0
NOBLE ENERGY INC COMMON
STOCK 655044105 470 7535 SHARES X 1 7170 0 365
NOBLE ENERGY INC COMMON
STOCK 655044105 125 2000 SHARES X 1 2000 0 0
NOKIA CORP SPONSORED COMMON
ADR STOCK 654902204 1033 36756 SHARES X 1 36756 0 0
NOKIA CORP SPONSORED COMMON
ADR STOCK 654902204 378 13440 SHARES X 1 12640 0 800
NORDSTROM INC COM COMMON
STOCK 655664100 153 3000 SHARES X 1 2860 0 140
NORFOLK SOUTHERN CORP COMMON
STOCK 655844108 927 17635 SHARES X 1 17635 0 0
NORFOLK SOUTHERN CORP COMMON
STOCK 655844108 810 15400 SHARES X 1 12700 0 2700
NORTEL NETWORKS CORP COMMON
STOCK 656568508 3 135 SHARES X 1 135 0 0
NORTEL NETWORKS CORP COMMON
STOCK 656568508 0 13 SHARES X 1 13 0 0
NORTHEAST UTILITIES COMMON
COM STOCK 664397106 11 375 SHARES X 1 375 0 0
17 of 43
SEC USE _______________________________________
COLUMN 5
------------------------
COLUMN 6 COLUMN 8
SHARES INVESTMENT AUTHORITY VOTING AUTHORITY
COLUMN 2 COLUMN 4 OR SHARES PUT ---------------------- COLUMN 7 -------------------
COLUMN 1 TITLE OF COLUMN 3 VALUE PRINCIPAL OR OR SHARED - SHARED - OTHER
NAME OF ISSUER CLASS CUSIP (X $1,000) AMOUNT PRINCIPAL CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED OTHER
-------------- --------- --------- ---------- --------- --------- ---- ---- -------- -------- -------- ------ ------ -----
NORTHROP GRUMMAN CORP COMMON
STOCK 666807102 641 8236 SHARES X 1 8236 0 0
NORTHROP GRUMMAN CORP COMMON
STOCK 666807102 248 3186 SHARES X 1 3186 0 0
NORTHWEST AIRLINES COMMON
CORP STOCK 667280408 3 122 SHARES X 1 122 0 0
NORTHWEST BANCORP COMMON
INCORPORATED STOCK 667328108 16 621 SHARES X 1 621 0 0
NORTHWEST NATURAL COMMON
GAS COMPANY STOCK 667655104 76 1650 SHARES X 1 1650 0 0
NORTHWEST NATURAL COMMON
GAS COMPANY STOCK 667655104 23 500 SHARES X 1 500 0 0
NOVARTIS AG ADR COMMON
STOCK 66987V109 5814 103688 SHARES X 1 101017 0 2671
NOVARTIS AG ADR COMMON
STOCK 66987V109 890 15873 SHARES X 1 13323 0 2550
NOVASTAR FINANCIAL COMMON
INCORPORATE STOCK 669947400 3 500 SHARES X 1 N.A. N.A. N.A.
NOVAVAX INC COMMON
STOCK 670002104 1 200 SHARES X 1 200 0 0
NOVELL INC COMMON
STOCK 670006105 76 9695 SHARES X 1 9695 0 0
NOVELL INC COMMON
STOCK 670006105 117 15075 SHARES X 1 15075 0 0
NOVOGEN LTD-SPONS ADR COMMON
STOCK 67010F103 17 2000 SHARES X 1 2000 0 0
NSTAR COM COMMON
STOCK 67019E107 18 560 SHARES X 1 560 0 0
NUCOR CORP COMMON
STOCK 670346105 113 1920 SHARES X 1 1920 0 0
NUSTAR ENERGY LP COMMON
STOCK 67058H102 27 400 SHARES X 1 400 0 0
NUVEEN DIV ADVANTAGE PREFERRED
MUN FD 2 STOCK 67070F100 4 250 SHARES X 1 N.A. N.A. N.A.
NUVEEN DIV ADVANTAGE PREFERRED
MUN FD 2 STOCK 67070F100 4 250 SHARES X 1 N.A. N.A. N.A.
NUVEEN INSD MUNI PREFERRED
OPPORTUNITY STOCK 670984103 6 396 SHARES X 1 N.A. N.A. N.A.
NUVEEN INSD QUALITY PREFERRED
MUN FD STOCK 67062N103 65 4624 SHARES X 1 N.A. N.A. N.A.
NUVEEN INVESTMENTS COMMON
INC STOCK 67090F106 7 115 SHARES X 1 115 0 0
NUVEEN INVESTMENTS COMMON
INC STOCK 67090F106 57 925 SHARES X 1 925 0 0
NUVEEN INVT QUALITY PREFERRED
MUNI FD STOCK 67062E103 5 333 SHARES X 1 N.A. N.A. N.A.
NUVEEN MARYLAND PREFERRED
DIVIDEND ADV M STOCK 67069R107 77 5289 SHARES X 1 N.A. N.A. N.A.
NUVEEN MD DIV PREFERRED
ADVANTAGE MUN FD STOCK 67070V105 59 4059 SHARES X 1 N.A. N.A. N.A.
NUVEEN MUNI MARKET PREFERRED
OPPORTUNITY STOCK 67062W103 42 3000 SHARES X 1 N.A. N.A. N.A.
NUVEEN MUNI MARKET PREFERRED
OPPORTUNITY STOCK 67062W103 210 15000 SHARES X 1 N.A. N.A. N.A.
NUVEEN MUNICIPAL PREFERRED
ADVANTAGE FD STOCK 67062H106 26 1721 SHARES X 1 N.A. N.A. N.A.
NUVEEN MUNICIPAL PREFERRED
ADVANTAGE FD STOCK 67062H106 31 2071 SHARES X 1 N.A. N.A. N.A.
NUVEEN MUNICIPAL PREFERRED
VALUE FUND STOCK 670928100 29 2963 SHARES X 1 N.A. N.A. N.A.
NUVEEN MUNICIPAL PREFERRED
VALUE FUND STOCK 670928100 25 2594 SHARES X 1 N.A. N.A. N.A.
NUVEEN NY INVT PREFERRED
QUALITY MUN FD STOCK 67062X101 40 2965 SHARES X 1 N.A. N.A. N.A.
NUVEEN NY SELECT PREFERRED
QUAL MUNI FD STOCK 670976109 7 500 SHARES X 1 N.A. N.A. N.A.
NUVEEN PA DIVIDEND PREFERRED
ADV MUNI FD STOCK 67071W102 14 979 SHARES X 1 N.A. N.A. N.A.
NUVEEN PA DIVIDEND PREFERRED
ADV MUNI FD STOCK 67070E103 15 1000 SHARES X 1 N.A. N.A. N.A.
NUVEEN PA INVT PREFERRED
QUALITY MUN FD STOCK 670972108 157 11709 SHARES X 1 N.A. N.A. N.A.
NUVEEN PA INVT PREFERRED
QUALITY MUN FD STOCK 670972108 130 9736 SHARES X 1 N.A. N.A. N.A.
NUVEEN PA PREM PREFERRED
INCOME MUN FD 2 STOCK 67061F101 92 7028 SHARES X 1 N.A. N.A. N.A.
NUVEEN PA PREM PREFERRED
INCOME MUN FD 2 STOCK 67061F101 15 1117 SHARES X 1 N.A. N.A. N.A.
NUVEEN PERFORMANCE PREFERRED
PLUS MUNI F STOCK 67062P108 46 3255 SHARES X 1 N.A. N.A. N.A.
NUVEEN PERFORMANCE PREFERRED
PLUS MUNI F STOCK 67062P108 9 645 SHARES X 1 N.A. N.A. N.A.
NUVEEN PFD & CONV PREFERRED
INCOME FD II STOCK 67073D102 34 2560 SHARES X 1 N.A. N.A. N.A.
NUVEEN PFD & CONV PREFERRED
INCOME FD II STOCK 67073D102 7 500 SHARES X 1 N.A. N.A. N.A.
NUVEEN PFD & CVRT PREFERRED
INCOME FUND STOCK 67073B106 20 1500 SHARES X 1 N.A. N.A. N.A.
NUVEEN PREM INC MUN PREFERRED
FD 4 STOCK 6706K4105 41 3324 SHARES X 1 N.A. N.A. N.A.
NUVEEN PREM INC MUN PREFERRED
FD 4 STOCK 6706K4105 2 184 SHARES X 1 N.A. N.A. N.A.
NUVEEN PREMIER INSD PREFERRED
MUNI INC F STOCK 670987106 6 410 SHARES X 1 N.A. N.A. N.A.
NUVEEN PREMIER INSD PREFERRED
MUNI INC F STOCK 670987106 14 1000 SHARES X 1 N.A. N.A. N.A.
NUVEEN QUALITY PREFERRED
INCOME MUNI FD STOCK 670977107 7 500 SHARES X 1 N.A. N.A. N.A.
NUVEEN QUALITY PREFERRED
INCOME MUNI FD STOCK 670977107 3 210 SHARES X 1 N.A. N.A. N.A.
NUVEEN QUALITY PFD PREFERRED
INCOME FD 2 STOCK 67072C105 56 4085 SHARES X 1 N.A. N.A. N.A.
NUVEEN QUALITY PFD PREFERRED
INCOME FD 3 STOCK 67072W101 93 7000 SHARES X 1 N.A. N.A. N.A.
NUVEEN SELECT PREFERRED
QUALITY MUN FD STOCK 670973106 6 406 SHARES X 1 N.A. N.A. N.A.
NYER MEDICAL GROUP COMMON
INCORPORATE STOCK 670711100 2 825 SHARES X 1 825 0 0
NYSE EURONEXT COMMON
STOCK 629491101 92 1250 SHARES X 1 550 0 700
NYSE EURONEXT COMMON
STOCK 629491101 15 200 SHARES X 1 200 0 0
OCCIDENTAL PETE CORP COMMON
COM STOCK 674599105 339 5858 SHARES X 1 5858 0 0
OCCIDENTAL PETE CORP COMMON
COM STOCK 674599105 174 3000 SHARES X 1 3000 0 0
OCEANEERING INTL INC COMMON
COM STOCK 675232102 32 600 SHARES X 1 600 0 0
OFFICE DEPOT INC COMMON
STOCK 676220106 52 1700 SHARES X 1 1700 0 0
OFFICEMAX INC COMMON
STOCK 67622P101 26 673 SHARES X 1 673 0 0
OGE ENERGY CORP COM COMMON
STOCK 670837103 51 1400 SHARES X 1 1400 0 0
OGE ENERGY CORP COM COMMON
STOCK 670837103 99 2710 SHARES X 1 2710 0 0
OHIO CAS CORP COMMON
STOCK 677240103 10 240 SHARES X 1 240 0 0
OLD NATIONAL BANCORP COMMON
COM STOCK 680033107 95 5700 SHARES X 1 5700 0 0
OLD REPUBLIC INTL COMMON
CORP COM STOCK 680223104 98 4600 SHARES X 1 4600 0 0
OLIN CORP COM COMMON
STOCK 680665205 22 1050 SHARES X 1 1050 0 0
OLIN CORP COM COMMON
STOCK 680665205 21 1000 SHARES X 1 1000 0 0
OMEGA FINANCIAL CORP COMMON
STOCK 682092101 73 2712 SHARES X 1 2712 0 0
OMEGA FINANCIAL CORP COMMON
STOCK 682092101 361 13427 SHARES X 1 11000 0 2427
OMNICOM GROUP INC COM COMMON
STOCK 681919106 516 9760 SHARES X 1 9760 0 0
OMNICOM GROUP INC COM COMMON
STOCK 681919106 198 3750 SHARES X 1 3750 0 0
OMNIVISION COMMON
TECHNOLOGIES INC STOCK 682128103 23 1294 SHARES X 1 1294 0 0
ON SEMICONDUCTOR COMMON
CORPORATION STOCK 682189105 66 6200 SHARES X 1 5600 0 600
ON TRACK INNOVATIONS COMMON
LTD STOCK M8791A109 9 1500 SHARES X 1 1500 0 0
ONEOK INC COMMON
STOCK 682680103 41 820 SHARES X 1 820 0 0
ONEOK INC COMMON
STOCK 682680103 10 200 SHARES X 1 200 0 0
ONEOK PARTNERS LP COMMON
STOCK 68268N103 82 1200 SHARES X 1 1200 0 0
18 of 43
SEC USE _______________________________________
COLUMN 5
------------------------
COLUMN 6 COLUMN 8
SHARES INVESTMENT AUTHORITY VOTING AUTHORITY
COLUMN 2 COLUMN 4 OR SHARES PUT ---------------------- COLUMN 7 -------------------
COLUMN 1 TITLE OF COLUMN 3 VALUE PRINCIPAL OR OR SHARED - SHARED - OTHER
NAME OF ISSUER CLASS CUSIP (X $1,000) AMOUNT PRINCIPAL CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED OTHER
-------------- --------- --------- ---------- --------- --------- ---- ---- -------- -------- -------- ------ ------ -----
ONEOK PARTNERS LP COMMON
STOCK 68268N103 137 2000 SHARES X 1 2000 0 0
OPPENHEIMER HOLDINGS COMMON
INC CL A STOCK 683797104 73 1420 SHARES X 1 1300 0 120
OPTEUM INC COMMON
STOCK 68384A100 0 100 SHARES X 1 N.A. N.A. N.A.
ORACLE CORPORATION COMMON
COM STOCK 68389X105 2435 123552 SHARES X 1 122852 0 700
ORACLE CORPORATION COMMON
COM STOCK 68389X105 678 34410 SHARES X 1 34410 0 0
OSHKOSH TRUCK CORP COMMON
STOCK 688239201 22 350 SHARES X 1 350 0 0
OSI PHARMACEUTICALS COMMON
INC COM STOCK 671040103 35 980 SHARES X 1 900 0 80
OTELCO INC COMMON
STOCK 688823202 27 1355 SHARES X 1 1355 0 0
P G & E CORP COMMON
STOCK 69331C108 58 1274 SHARES X 1 1274 0 0
P G & E CORP COMMON
STOCK 69331C108 68 1500 SHARES X 1 0 0 1500
PACCAR INC COMMON
STOCK 693718108 16 187 SHARES X 1 187 0 0
PACER INTERNATIONAL COMMON
INC STOCK 69373H106 16 663 SHARES X 1 663 0 0
PACTIV CORP COM COMMON
STOCK 695257105 33 1028 SHARES X 1 1028 0 0
PAETEC HOLDING CORP COMMON
STOCK 695459107 11 1000 SHARES X 1 1000 0 0
PALL CORP COM COMMON
STOCK 696429307 92 2000 SHARES X 1 2000 0 0
PALM INC COMMON
STOCK 696643105 20 1259 SHARES X 1 1259 0 0
PALM INC COMMON
STOCK 696643105 1 87 SHARES X 1 87 0 0
PAPA JOHNS COMMON
INTERNATIONAL INC STOCK 698813102 4 147 SHARES X 1 147 0 0
PAR PHARMACEUTICALS COMMON
COS INC STOCK 69888P106 8 286 SHARES X 1 286 0 0
PARAMETRIC COMMON
TECHNOLOGY CORP STOCK 699173209 60 2799 SHARES X 1 2799 0 0
PARKER HANNIFIN CORP COMMON
STOCK 701094104 356 3631 SHARES X 1 3631 0 0
PARKER HANNIFIN CORP COMMON
STOCK 701094104 176 1796 SHARES X 1 1796 0 0
PARTNERRE LTD COMMON
STOCK G6852T105 38 485 SHARES X 1 485 0 0
PARTNERS TRUST COMMON
FINANCIAL GROUP STOCK 70213F102 80 7574 SHARES X 1 7574 0 0
PARTNERS TRUST COMMON
FINANCIAL GROUP STOCK 70213F102 13 1213 SHARES X 1 0 0 1213
PATTERSON-UTI ENERGY COMMON
INC STOCK 703481101 18 704 SHARES X 1 704 0 0
PATTERSON-UTI ENERGY COMMON
INC STOCK 703481101 25 950 SHARES X 1 950 0 0
PAYCHEX INC COM COMMON
STOCK 704326107 386 9857 SHARES X 1 9857 0 0
PAYCHEX INC COM COMMON
STOCK 704326107 463 11825 SHARES X 1 11825 0 0
PAYLESS SHOESOURCE COMMON
INC COM STOCK 704379106 62 1960 SHARES X 1 1800 0 160
PDL BIOPHARMA INC COMMON
STOCK 69329Y104 131 5602 SHARES X 1 5242 0 360
PDL BIOPHARMA INC COMMON
STOCK 69329Y104 7 300 SHARES X 1 300 0 0
PEABODY ENERGY CORP COMMON
STOCK 704549104 2831 58513 SHARES X 1 56058 0 2455
PEABODY ENERGY CORP COMMON
STOCK 704549104 369 7630 SHARES X 1 4845 0 2785
PEDIATRIX MEDICAL COMMON
GROUP INC CO STOCK 705324101 542 9820 SHARES X 1 9525 0 295
PEDIATRIX MEDICAL COMMON
GROUP INC CO STOCK 705324101 44 800 SHARES X 1 0 0 800
PEETS COFFEE & TEA COMMON
INC COM STOCK 705560100 5 200 SHARES X 1 200 0 0
PENGROWTH ENERGY COMMON
TRUST STOCK 706902509 8 400 SHARES X 1 400 0 0
PENN ESTATE INV TR COMMON
(REIT) STOCK 709102107 67 1516 SHARES X 1 N.A. N.A. N.A.
PENN ESTATE INV TR COMMON
(REIT) STOCK 709102107 13 300 SHARES X 1 N.A. N.A. N.A.
PENN NATL GAMING INC COMMON
STOCK 707569109 107 1775 SHARES X 1 1775 0 0
PENN TREATY AMERICAN COMMON
CORP STOCK 707874400 0 21 SHARES X 1 21 0 0
PENN VA RESOURCE COMMON
PARTNERS LP STOCK 707884102 31 1000 SHARES X 1 1000 0 0
PENNEY JC CO INC COMMON
STOCK 708160106 2212 30558 SHARES X 1 29616 0 942
PENNEY JC CO INC COMMON
STOCK 708160106 536 7408 SHARES X 1 7408 0 0
PENNICHUCK COMMON
CORPORATION NEW STOCK 708254206 20 789 SHARES X 1 789 0 0
PENNSYLVANIA COMMON
COMMERCE BANCORP STOCK 708677109 184 6500 SHARES X 1 6500 0 0
PENNWEST ENERGY TRUST COMMON
STOCK 707885109 100 3010 SHARES X 1 3010 0 0
PENTAIR INC COM COMMON
STOCK 709631105 31 800 SHARES X 1 800 0 0
PENTAIR INC COM COMMON
STOCK 709631105 301 7800 SHARES X 1 7800 0 0
PEPCO HOLDINGS INC COMMON
STOCK 713291102 426 15118 SHARES X 1 13592 0 1526
PEPCO HOLDINGS INC COMMON
STOCK 713291102 521 18482 SHARES X 1 16182 0 2300
PEPSIAMERICAS INC COM COMMON
STOCK 71343P200 15 600 SHARES X 1 600 0 0
PEPSICO INC COM COMMON
STOCK 713448108 27309 421117 SHARES X 1 416405 0 4712
PEPSICO INC COM COMMON
STOCK 713448108 16363 252321 SHARES X 1 227719 0 24602
PERFORMANCE FOOD COMMON
GROUP CO STOCK 713755106 23 700 SHARES X 1 700 0 0
PERKINELMER INC COM COMMON
STOCK 714046109 31 1200 SHARES X 1 1200 0 0
PERKINELMER INC COM COMMON
STOCK 714046109 104 4000 SHARES X 1 4000 0 0
PERRIGO COMPANY COMMON
STOCK 714290103 235 11981 SHARES X 1 11141 0 840
PETE & RES CORP COM COMMON
STOCK 716549100 39 1000 SHARES X 1 1000 0 0
PETMED EXPRESS INC COMMON
STOCK 716382106 10 800 SHARES X 1 800 0 0
PETRO-CANADA COMMON
STOCK 71644E102 85 1600 SHARES X 1 1600 0 0
PETROCHINA CO LTD ADR COMMON
STOCK 71646E100 67 450 SHARES X 1 450 0 0
PETSMART INC COMMON
STOCK 716768106 1148 35370 SHARES X 1 35370 0 0
PETSMART INC COMMON
STOCK 716768106 451 13905 SHARES X 1 13905 0 0
PFIZER INC COMMON
STOCK 717081103 21331 834212 SHARES X 1 821486 0 12726
PFIZER INC COMMON
STOCK 717081103 12365 483568 SHARES X 1 469203 600 13765
PHARMACEUTIAL COMMON
PRODUCT DEVEL IN STOCK 717124101 1461 38185 SHARES X 1 37445 0 740
PHARMACEUTICAL PREFERRED
HOLDERS TRUST STOCK 71712A206 41 500 SHARES X 1 N.A. N.A. N.A.
PHH CORPORATION COMMON
STOCK 693320202 0 12 SHARES X 1 12 0 0
PHOENIX COS INC COM COMMON
STOCK 71902E109 21 1413 SHARES X 1 1413 0 0
PHOENIX COS INC COM COMMON
STOCK 71902E109 24 1588 SHARES X 1 1588 0 0
PICO HOLDINGS INC COM COMMON
STOCK 693366205 73 1691 SHARES X 1 0 0 1691
PIEDMONT NAT GAS INC COMMON
STOCK 720186105 54 2180 SHARES X 1 2180 0 0
PIEDMONT NAT GAS INC COMMON
STOCK 720186105 10 400 SHARES X 1 0 0 400
PIKE ELECTRIC CORP COMMON
STOCK 721283109 73 3260 SHARES X 1 3000 0 260
PIMCO CORPORATE PREFERRED
INCOME FUND STOCK 72200U100 11 740 SHARES X 1 N.A. N.A. N.A.
PIMCO MUNICIPAL PREFERRED
INCOME FUND STOCK 72200R107 1 71 SHARES X 1 N.A. N.A. N.A.
19 of 43
SEC USE _______________________________________
COLUMN 5
------------------------
COLUMN 6 COLUMN 8
SHARES INVESTMENT AUTHORITY VOTING AUTHORITY
COLUMN 2 COLUMN 4 OR SHARES PUT ---------------------- COLUMN 7 --------------------
COLUMN 1 TITLE OF COLUMN 3 VALUE PRINCIPAL OR OR SHARED - SHARED - OTHER
NAME OF ISSUER CLASS CUSIP (X $1,000) AMOUNT PRINCIPAL CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED OTHER
-------------- --------- --------- ---------- --------- --------- ---- ---- -------- -------- -------- ------ ------ ------
PIMCO MUNICIPAL PREFERRED
INCOME FUND II STOCK 72201A103 20 1335 SHARES X 1 N.A. N.A. N.A.
PIMCO MUNICIPAL PREFERRED
INCOME FUND II STOCK 72200W106 194 13200 SHARES X 1 N.A. N.A. N.A.
PIMCO RCM STRAT PREFERRED
GLOBAL GOVT STOCK 72200X104 15 1500 SHARES X 1 N.A. N.A. N.A.
PINNACLE DATA COMMON
SYSTEMS INC STOCK 723454104 1 300 SHARES X 1 300 0 0
PINNACLE WEST COMMON
CAPITAL CORP STOCK 723484101 20 500 SHARES X 1 500 0 0
PIONEER MUNICIPAL PREFERRED
HI INC ADV T STOCK 723762100 31 2000 SHARES X 1 N.A. N.A. N.A.
PIONEER NATURAL COMMON
RESOURCES CO STOCK 723787107 93 1903 SHARES X 1 1803 0 100
PIPER JAFFRAY COMMON
COMPANIES INC STOCK 724078100 206 3699 SHARES X 1 3439 0 260
PIPER JAFFRAY COMMON
COMPANIES INC STOCK 724078100 1 10 SHARES X 1 10 0 0
PITNEY BOWES INC COM COMMON
STOCK 724479100 449 9600 SHARES X 1 9600 0 0
PITNEY BOWES INC COM COMMON
STOCK 724479100 220 4700 SHARES X 1 4700 0 0
PLAINS ALL AMERICAN COMMON
PIPELINE L STOCK 726503105 64 1000 SHARES X 1 1000 0 0
PLAINS
EXPLORATION & COMMON
PRODUCT C STOCK 726505100 96 2000 SHARES X 1 2000 0 0
PLATINUM
UNDERWRITERS COMMON
HOLDINGS STOCK G7127P100 102 2940 SHARES X 1 2700 0 240
PLUM CREEK TIMBER COMMON
CO INC STOCK 729251108 70 1680 SHARES X 1 N.A. N.A. N.A.
PMC SIERRA INC COMMON
STOCK 69344F106 400 51740 SHARES X 1 48925 0 2815
PNC FINANCIAL COMMON
SERVICES GROUP I STOCK 693475105 12176 170108 SHARES X 1 167048 0 3060
PNC FINANCIAL COMMON
SERVICES GROUP I STOCK 693475105 5253 73387 SHARES X 1 62292 7000 4095
PNM RESOURCES INC COMMON
STOCK 69349H107 34 1208 SHARES X 1 1208 0 0
POLO RALPH LAUREN COMMON
CORPORATION STOCK 731572103 10 100 SHARES X 1 100 0 0
PORTUGAL TELECOM COMMON
SGPS S A SPON STOCK 737273102 3 204 SHARES X 1 204 0 0
POWELL INDUSTRIES COMMON
INC STOCK 739128106 55 1732 SHARES X 1 1598 0 134
POWERSHARES DYN PREFERRED
BIOTECH & GENO STOCK 73935X856 110 6000 SHARES X 1 N.A. N.A. N.A.
POWERSHARES GLD DRG PREFERRED
H USX CH STOCK 73935X401 8 310 SHARES X 1 N.A. N.A. N.A.
POWERSHARES GLOBAL COMMON
WATER PORTF STOCK 73935X575 27 1300 SHARES X 1 1300 0 0
POWERSHARES QQQ PREFERRED
STOCK 73935A104 330 6937 SHARES X 1 N.A. N.A. N.A.
POWERSHARES QQQ PREFERRED
STOCK 73935A104 5316 111680 SHARES X 1 N.A. N.A. N.A.
POZEN INCORPORATED COMMON
STOCK 73941U102 126 6958 SHARES X 1 6463 0 495
PPG INDS INC COMMON
STOCK 693506107 558 7335 SHARES X 1 6535 0 800
PPG INDS INC COMMON
STOCK 693506107 1520 19973 SHARES X 1 18348 0 1625
PPL CORP COM COMMON
STOCK 69351T106 6620 141476 SHARES X 1 139576 0 1900
PPL CORP COM COMMON
STOCK 69351T106 2206 47148 SHARES X 1 37456 2130 7562
PRAXAIR INC COM COMMON
STOCK 74005P104 103 1435 SHARES X 1 835 0 600
PRAXAIR INC COM COMMON
STOCK 74005P104 221 3071 SHARES X 1 3071 0 0
PRECISION CASTPARTS COMMON
CORP COM STOCK 740189105 3631 29923 SHARES X 1 29051 0 872
PRECISION CASTPARTS COMMON
CORP COM STOCK 740189105 49 405 SHARES X 1 405 0 0
PRECISION DRILLING COMMON
CORP-US$ STOCK 740215108 51 2100 SHARES X 1 2100 0 0
PRICE T ROWE GROUP COMMON
INC COM STOCK 74144T108 1589 30615 SHARES X 1 30615 0 0
PRICE T ROWE GROUP COMMON
INC COM STOCK 74144T108 1354 26090 SHARES X 1 25900 0 190
PRICELINE.COM COMMON
INCORPORATED STOCK 741503403 135 1960 SHARES X 1 1800 0 160
PRIMEWEST ENERGY COMMON
TRUST STOCK 741930309 13 600 SHARES X 1 600 0 0
PRINCIPAL FINL COMMON
GROUP INC STOCK 74251V102 92 1575 SHARES X 1 1575 0 0
PROASSURANCE CORP COMMON
STOCK 74267C106 290 5210 SHARES X 1 4820 0 390
PROCTER & GAMBLE CO COMMON
COM STOCK 742718109 39295 642173 SHARES X 1 627756 0 14417
PROCTER & GAMBLE CO COMMON
COM STOCK 742718109 33998 555608 SHARES X 1 449950 0 105658
PROGRESS ENERGY INC COMMON
COM STOCK 743263105 517 11331 SHARES X 1 10731 0 600
PROGRESS ENERGY INC COMMON
COM STOCK 743263105 146 3209 SHARES X 1 3209 0 0
PROGRESSIVE CORP COM COMMON
STOCK 743315103 96 4000 SHARES X 1 4000 0 0
PROLOGIS (REIT) COMMON
STOCK 743410102 24 430 SHARES X 1 N.A. N.A. N.A.
PROVIDENT
BANKSHARES COMMON
CORPORATI STOCK 743859100 356 10867 SHARES X 1 10867 0 0
PROVIDENT
BANKSHARES COMMON
CORPORATI STOCK 743859100 92 2810 SHARES X 1 2810 0 0
PROVIDENT ENERGY COMMON
TRUST UNITS STOCK 74386K104 77 6500 SHARES X 1 6500 0 0
PROVIDENT ENERGY COMMON
TRUST UNITS STOCK 74386K104 20 1700 SHARES X 1 1700 0 0
PROVIDENT FINANCIAL COMMON
SERVICES I STOCK 74386T105 16 1000 SHARES X 1 1000 0 0
PROXYMED INC COMMON
STOCK 744290305 1 500 SHARES X 1 500 0 0
PRUDENTIAL COMMON
FINANCIAL INC STOCK 744320102 330 3392 SHARES X 1 3392 0 0
PRUDENTIAL COMMON
FINANCIAL INC STOCK 744320102 69 713 SHARES X 1 713 0 0
PSYCHIATRIC COMMON
SOLUTIONS INC STOCK 74439H108 4837 133399 SHARES X 1 130487 0 2912
PSYCHIATRIC COMMON
SOLUTIONS INC STOCK 74439H108 91 2500 SHARES X 1 1325 0 1175
PUBLIC STORAGE INC COMMON
COM STOCK 74460D109 4 56 SHARES X 1 N.A. N.A. N.A.
PUBLIC SVC
ENTERPRISE GROUP COMMON
IN STOCK 744573106 519 5909 SHARES X 1 5909 0 0
PUBLIC SVC
ENTERPRISE GROUP COMMON
IN STOCK 744573106 354 4028 SHARES X 1 4028 0 0
PUGET ENERGY INC COM COMMON
STOCK 745310102 57 2340 SHARES X 1 2340 0 0
PUGET ENERGY INC COM COMMON
STOCK 745310102 21 875 SHARES X 1 875 0 0
PURE CYCLE CORP COMMON
STOCK 746228303 78 10000 SHARES X 1 10000 0 0
PUTNAM MANAGED PREFERRED
MUNICIPAL INCOM STOCK 746823103 95 12081 SHARES X 1 N.A. N.A. N.A.
PUTNAM MANAGED PREFERRED
MUNICIPAL INCOM STOCK 746823103 8 1073 SHARES X 1 N.A. N.A. N.A.
PUTNAM PREMIER PREFERRED
INCOME TRUST STOCK 746853100 1 144 SHARES X 1 N.A. N.A. N.A.
PUTNAM PREMIER PREFERRED
INCOME TRUST STOCK 746853100 2 300 SHARES X 1 N.A. N.A. N.A.
QUALCOMM INC COM COMMON
STOCK 747525103 7992 184186 SHARES X 1 182711 0 1475
QUALCOMM INC COM COMMON
STOCK 747525103 1076 24795 SHARES X 1 24395 0 400
QUANTA SERVICES INC COMMON
COM STOCK 74762E102 423 13805 SHARES X 1 13300 0 505
QUEST DIAGNOSTICS COMMON
INC STOCK 74834L100 376 7278 SHARES X 1 7278 0 0
QUEST DIAGNOSTICS COMMON
INC STOCK 74834L100 310 5998 SHARES X 1 5698 0 300
QUESTAR CORP COM COMMON
STOCK 748356102 169 3204 SHARES X 1 3204 0 0
QUESTAR CORP COM COMMON
STOCK 748356102 180 3400 SHARES X 1 3400 0 0
QWEST
COMMUNICATIONS COMMON
INTL INC STOCK 749121109 28 2931 SHARES X 1 2931 0 0
QWEST
COMMUNICATIONS COMMON
INTL INC STOCK 749121109 18 1814 SHARES X 1 1604 0 210
20 of 43
SEC USE _______________________________________
COLUMN 5
------------------------
COLUMN 6 COLUMN 8
SHARES INVESTMENT AUTHORITY VOTING AUTHORITY
COLUMN 2 COLUMN 4 OR SHARES PUT ---------------------- COLUMN 7 -------------------
COLUMN 1 TITLE OF COLUMN 3 VALUE PRINCIPAL OR OR SHARED - SHARED - OTHER
NAME OF ISSUER CLASS CUSIP (X $1,000) AMOUNT PRINCIPAL CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED OTHER
-------------- --------- --------- ---------- --------- --------- ---- ---- -------- -------- -------- ------ ------ -----
R H DONNELLEY CORP COMMON
STOCK 74955W307 8 111 SHARES X 1 111 0 0
R H DONNELLEY CORP COMMON
STOCK 74955W307 18 240 SHARES X 1 240 0 0
RADA ELECTRONIC INDS COMMON
LTD STOCK M81863116 0 200 SHARES X 1 200 0 0
RADIAN GROUP INC COM COMMON
STOCK 750236101 2126 39370 SHARES X 1 37716 0 1654
RAIT FINANCIAL TRUST COMMON
STOCK 749227104 13 500 SHARES X 1 N.A. N.A. N.A.
RANGE RESOURCES COMMON
CORPORATION STOCK 75281A109 12 315 SHARES X 1 315 0 0
RAYONIER INC COM COMMON
STOCK 754907103 30 668 SHARES X 1 668 0 0
RAYONIER INC COM COMMON
STOCK 754907103 129 2850 SHARES X 1 2850 0 0
RAYTHEON CO COM NEW COMMON
STOCK 755111507 561 10413 SHARES X 1 9089 0 1324
RAYTHEON CO COM NEW COMMON
STOCK 755111507 1051 19504 SHARES X 1 19004 0 500
REDWOOD TRUST COMMON
INC-REIT STOCK 758075402 20 420 SHARES X 1 N.A. N.A. N.A.
REGAL-BELOIT CORP COMMON
STOCK 758750103 61 1315 SHARES X 1 1200 0 115
REGIONS FINANCIAL COMMON
CORP STOCK 7591EP100 117 3532 SHARES X 1 3532 0 0
REGIONS FINANCIAL COMMON
CORP STOCK 7591EP100 250 7559 SHARES X 1 7559 0 0
REGIS CORP MINN COMMON
STOCK 758932107 4 100 SHARES X 1 100 0 0
RELIANT ENERGY INC COMMON
STOCK 75952B105 4 157 SHARES X 1 157 0 0
REPSOL YPF SA SPON COMMON
ADR STOCK 76026T205 39 1000 SHARES X 1 1000 0 0
REUTERS GROUP PLC COMMON
SPONS ADR STOCK 76132M102 75 1000 SHARES X 1 1000 0 0
REYNOLDS AMERICAN INC COMMON
STOCK 761713106 112 1716 SHARES X 1 1716 0 0
REYNOLDS AMERICAN INC COMMON
STOCK 761713106 59 900 SHARES X 1 900 0 0
RF MICRO DEVICES INC COMMON
COM STOCK 749941100 81 12954 SHARES X 1 12294 0 660
RITE AID CORP COM COMMON
STOCK 767754104 36 5600 SHARES X 1 3300 0 2300
RITE AID CORP COM COMMON
STOCK 767754104 4 600 SHARES X 1 600 0 0
ROBERT HALF INTL INC COMMON
COM STOCK 770323103 67 1840 SHARES X 1 1840 0 0
ROBERT HALF INTL INC COMMON
COM STOCK 770323103 44 1205 SHARES X 1 1100 0 105
ROCKWELL AUTOMATION COMMON
INC. STOCK 773903109 7555 108805 SHARES X 1 106266 0 2539
ROCKWELL AUTOMATION COMMON
INC. STOCK 773903109 1050 15125 SHARES X 1 12995 0 2130
ROCKWELL COLLINS COM COMMON
STOCK 774341101 343 4852 SHARES X 1 4852 0 0
ROCKWELL COLLINS COM COMMON
STOCK 774341101 173 2455 SHARES X 1 2375 0 80
ROHM & HAAS CO COMMON
STOCK 775371107 22 395 SHARES X 1 395 0 0
ROHM & HAAS CO COMMON
STOCK 775371107 650 11896 SHARES X 1 11896 0 0
ROSS STORES INC COM COMMON
STOCK 778296103 531 17246 SHARES X 1 16302 0 944
ROSS STORES INC COM COMMON
STOCK 778296103 137 4450 SHARES X 1 2975 0 1475
ROYAL BANK SCOTLAND PREFERRED
PFD 6.4% S STOCK 780097796 49 2000 SHARES X 1 N.A. N.A. N.A.
ROYAL BK CANADA COMMON
STOCK 780087102 53 1000 SHARES X 1 1000 0 0
ROYAL DUTCH SHELL COMMON
PLC-ADR A STOCK 780259206 4349 53559 SHARES X 1 53159 0 400
ROYAL DUTCH SHELL COMMON
PLC-ADR A STOCK 780259206 4317 53164 SHARES X 1 48364 0 4800
ROYCE VALUE TRUST COMMON
(CE) STOCK 780910105 34 1601 SHARES X 1 1601 0 0
RPM INTL INC COMMON
STOCK 749685103 12 500 SHARES X 1 500 0 0
RPM INTL INC COMMON
STOCK 749685103 37 1600 SHARES X 1 1600 0 0
RUBY TUESDAY INC COMMON
STOCK 781182100 5 200 SHARES X 1 200 0 0
RYDEX RUSSELL TOP 50 PREFERRED
ETF STOCK 78355W205 586 5280 SHARES X 1 N.A. N.A. N.A.
S & T BANCORP INC COMMON
STOCK 783859101 13 400 SHARES X 1 400 0 0
SAFETY INSURANCE GRP COMMON
STOCK 78648T100 13 322 SHARES X 1 322 0 0
SAFEWAY INC COM COMMON
STOCK 786514208 7 200 SHARES X 1 200 0 0
SAFEWAY INC COM COMMON
STOCK 786514208 61 1800 SHARES X 1 300 0 1500
SAKS INC COMMON
STOCK 79377W108 68 3200 SHARES X 1 2900 0 300
SALLY BEAUTY COMPANY COMMON
INC STOCK 79546E104 1 100 SHARES X 1 100 0 0
SAN JUAN BASIN COMMON
ROYALTY TR STOCK 798241105 32 1000 SHARES X 1 1000 0 0
SAN JUAN BASIN COMMON
ROYALTY TR STOCK 798241105 6 200 SHARES X 1 200 0 0
SANDISK CORP COM COMMON
STOCK 80004C101 103 2105 SHARES X 1 2105 0 0
SANDISK CORP COM COMMON
STOCK 80004C101 5 100 SHARES X 1 100 0 0
SANDY SPRING BANCORP COMMON
INC STOCK 800363103 6 200 SHARES X 1 200 0 0
SANDY SPRING BANCORP COMMON
INC STOCK 800363103 1592 50629 SHARES X 1 50629 0 0
SANOFI-AVENTIS ADR COMMON
STOCK 80105N105 40 1000 SHARES X 1 1000 0 0
SANOFI-AVENTIS ADR COMMON
STOCK 80105N105 56 1400 SHARES X 1 1400 0 0
SAP AG SPONS ADR COMMON
STOCK 803054204 17 325 SHARES X 1 325 0 0
SAP AG SPONS ADR COMMON
STOCK 803054204 61 1200 SHARES X 1 1200 0 0
SARA LEE CORP COMMON
STOCK 803111103 349 20043 SHARES X 1 20043 0 0
SARA LEE CORP COMMON
STOCK 803111103 845 48540 SHARES X 1 42740 0 5800
SASOL LTD SPONS-ADR COMMON
STOCK 803866300 38 1000 SHARES X 1 1000 0 0
SCANA CORP NEW COM COMMON
STOCK 80589M102 177 4611 SHARES X 1 4611 0 0
SCANA CORP NEW COM COMMON
STOCK 80589M102 292 7628 SHARES X 1 7628 0 0
SCHERING PLOUGH CORP COMMON
STOCK 806605101 2463 80910 SHARES X 1 80910 0 0
SCHERING PLOUGH CORP COMMON
STOCK 806605101 1536 50461 SHARES X 1 40511 0 9950
SCHERING-PLOUGH CV PREFERRED
PFD 6.0% 09 STOCK 806605606 53 775 SHARES X 1 N.A. N.A. N.A.
SCHLUMBERGER LTD COMMON
STOCK 806857108 19956 234945 SHARES X 1 233730 0 1215
SCHLUMBERGER LTD COMMON
STOCK 806857108 6252 73601 SHARES X 1 68141 0 5460
SCHWAB CHARLES CORP COMMON
NEW COM STOCK 808513105 343 16696 SHARES X 1 16696 0 0
SEAGATE TECHNOLOGY COMMON
STOCK G7945J104 1977 90803 SHARES X 1 87589 0 3214
SEAGATE TECHNOLOGY COMMON
STOCK G7945J104 203 9304 SHARES X 1 6729 0 2575
SEARS HOLDINGS CORP COMMON
STOCK 812350106 673 3971 SHARES X 1 3741 0 230
SEARS HOLDINGS CORP COMMON
STOCK 812350106 16 94 SHARES X 1 94 0 0
SEASPAN CORP COMMON
STOCK Y75638109 177 5500 SHARES X 1 5500 0 0
SEI CORP COM COMMON
STOCK 784117103 95 3270 SHARES X 1 3270 0 0
SELECTIVE INS GROUP COMMON
INC STOCK 816300107 5 200 SHARES X 1 200 0 0
SELIGMAN SELECT PREFERRED
MUNICIPAL FD STOCK 816344105 10 1000 SHARES X 1 N.A. N.A. N.A.
SEMPRA ENERGY COM COMMON
STOCK 816851109 12 200 SHARES X 1 200 0 0
21 of 43
SEC USE _______________________________________
COLUMN 5
------------------------
COLUMN 6 COLUMN 8
SHARES INVESTMENT AUTHORITY VOTING AUTHORITY
COLUMN 2 COLUMN 4 OR SHARES PUT ---------------------- COLUMN 7 -------------------
COLUMN 1 TITLE OF COLUMN 3 VALUE PRINCIPAL OR OR SHARED - SHARED - OTHER
NAME OF ISSUER CLASS CUSIP (X $1,000) AMOUNT PRINCIPAL CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED OTHER
-------------- -------- --------- ---------- --------- --------- ---- ---- -------- -------- -------- ------ ------ -----
SEMPRA ENERGY COM COMMON
STOCK 816851109 32 532 SHARES X 1 532 0 0
SENIOR HOUSING COMMON
PROPERTIES TR ( STOCK 81721M109 10 500 SHARES X 1 N.A. N.A. N.A.
SENIOR HOUSING COMMON
PROPERTIES TR ( STOCK 81721M109 2 100 SHARES X 1 N.A. N.A. N.A.
SEPRACOR INC COM COMMON
STOCK 817315104 174 4241 SHARES X 1 3966 0 275
SERVICEMASTER CO COM COMMON
STOCK 81760N109 224 14500 SHARES X 1 0 0 14500
SEVERN BANCORP INC COMMON
STOCK 81811M100 8 484 SHARES X 1 484 0 0
SEVERN BANCORP INC COMMON
STOCK 81811M100 460 28150 SHARES X 1 28150 0 0
SHERWIN WILLIAMS CO COMMON
COM STOCK 824348106 25 380 SHARES X 1 380 0 0
SHERWIN WILLIAMS CO COMMON
COM STOCK 824348106 346 5200 SHARES X 1 200 0 5000
SHIP FINANCE INTL LTD COMMON
STOCK G81075106 26 891 SHARES X 1 891 0 0
SHUFFLE MASTER INC COMMON
STOCK 825549108 86 5183 SHARES X 1 5183 0 0
SIERRA HEALTH COMMON
SERVICES INC STOCK 826322109 131 3150 SHARES X 1 2800 0 350
SIERRA PAC RES COMMON
STOCK 826428104 13 742 SHARES X 1 742 0 0
SILICON MOTION COMMON
TECHNOLOGY CORP STOCK 82706C108 86 3480 SHARES X 1 3200 0 280
SIMON PROPERTY GRP COMMON
INC (REIT) STOCK 828806109 1247 13404 SHARES X 1 N.A. N.A. N.A.
SIMON PROPERTY GRP COMMON
INC (REIT) STOCK 828806109 965 10375 SHARES X 1 N.A. N.A. N.A.
SIRIUS SATELLITE COMMON
RADIO INC COM STOCK 82966U103 20 6570 SHARES X 1 6570 0 0
SIRIUS SATELLITE COMMON
RADIO INC COM STOCK 82966U103 3 1000 SHARES X 1 1000 0 0
SIRONA DENTAL COMMON
SYSTEMS INC STOCK 82966C103 898 23740 SHARES X 1 23215 0 525
SLM CORP COM COMMON
STOCK 78442P106 164 2846 SHARES X 1 2846 0 0
SMITH INTL INC COMMON
STOCK 832110100 2217 37800 SHARES X 1 37800 0 0
SMITH INTL INC COMMON
STOCK 832110100 352 6000 SHARES X 1 6000 0 0
SMITH MICRO SOFTWARE COMMON
INC STOCK 832154108 79 5230 SHARES X 1 4800 0 430
SMITHFIELD FOODS INC COMMON
STOCK 832248108 31 1000 SHARES X 1 1000 0 0
SOLECTRON CORP COMMON
STOCK 834182107 3 900 SHARES X 1 900 0 0
SOMANETICS CORP COMMON
STOCK 834445405 37 2000 SHARES X 1 2000 0 0
SONOCO PRODUCTS CO COMMON
COM STOCK 835495102 30 700 SHARES X 1 700 0 0
SONY CORP-- COMMON
SPONSORED ADR STOCK 835699307 62 1200 SHARES X 1 1200 0 0
SOTHEBY'S COMMON
STOCK 835898107 75 1635 SHARES X 1 1500 0 135
SOUTH JERSEY COMMON
INDUSTRIES INC STOCK 838518108 18 518 SHARES X 1 518 0 0
SOUTHERN CO COM COMMON
STOCK 842587107 902 26308 SHARES X 1 25308 0 1000
SOUTHERN CO COM COMMON
STOCK 842587107 1154 33641 SHARES X 1 32641 0 1000
SOUTHWEST AIRLINES COMMON
CO COM STOCK 844741108 68 4562 SHARES X 1 4562 0 0
SOUTHWEST AIRLINES COMMON
CO COM STOCK 844741108 118 7900 SHARES X 1 7900 0 0
SOUTHWEST GAS CORP COMMON
COM STOCK 844895102 7 219 SHARES X 1 219 0 0
SOUTHWEST GAS CORP COMMON
COM STOCK 844895102 34 1000 SHARES X 1 1000 0 0
SOUTHWESTERN ENERGY COMMON
COMPANY STOCK 845467109 492 11053 SHARES X 1 10798 0 255
SOVEREIGN BANCORP INC COMMON
STOCK 845905108 3041 143854 SHARES X 1 141130 0 2724
SOVEREIGN BANCORP INC COMMON
STOCK 845905108 62 2940 SHARES X 1 2520 0 420
SOVRAN SELF STORAGE COMMON
INC STOCK 84610H108 241 5000 SHARES X 1 N.A. N.A. N.A.
SPAR GROUP INC COMMON
STOCK 784933103 1 450 SHARES X 1 450 0 0
SPDR TRUST SERIES 1 COMMON
S&P 500 IN STOCK 78462F103 7165 47631 SHARES X 1 47631 0 0
SPDR TRUST SERIES 1 COMMON
S&P 500 IN STOCK 78462F103 9781 65023 SHARES X 1 65023 0 0
SPECTRA ENERGY CORP COMMON
STOCK 847560109 327 12590 SHARES X 1 12590 0 0
SPECTRA ENERGY CORP COMMON
STOCK 847560109 394 15178 SHARES X 1 14928 0 250
SPECTRUM CTL INC COM COMMON
STOCK 847615101 157 9300 SHARES X 1 9300 0 0
SPEEDWAY MOTORSPORTS COMMON
INCORPORA STOCK 847788106 4 100 SHARES X 1 100 0 0
SPRINT NEXTEL CORP COMMON
STOCK 852061100 426 20592 SHARES X 1 13892 0 6700
SPRINT NEXTEL CORP COMMON
STOCK 852061100 251 12107 SHARES X 1 12107 0 0
SPX CORP COM COMMON
STOCK 784635104 22 249 SHARES X 1 249 0 0
ST JOE CORP COMMON
STOCK 790148100 398 8590 SHARES X 1 7390 0 1200
ST JOE CORP COMMON
STOCK 790148100 133 2863 SHARES X 1 2863 0 0
STANLEY WORKS COM COMMON
STOCK 854616109 522 8600 SHARES X 1 8600 0 0
STANLEY WORKS COM COMMON
STOCK 854616109 540 8900 SHARES X 1 2900 0 6000
STAPLES INC COM COMMON
STOCK 855030102 6439 271332 SHARES X 1 265256 0 6076
STAPLES INC COM COMMON
STOCK 855030102 1486 62609 SHARES X 1 61759 0 850
STAR GAS PARTNERS LP COMMON
STOCK 85512C105 2 500 SHARES X 1 500 0 0
STARBUCKS CORP COM COMMON
STOCK 855244109 1250 47642 SHARES X 1 47642 0 0
STARBUCKS CORP COM COMMON
STOCK 855244109 79 3000 SHARES X 1 3000 0 0
STARWOOD HOTELS & COMMON
RESORTS WORL STOCK 85590A401 22 329 SHARES X 1 329 0 0
STATE STREET CORP COMMON
STOCK 857477103 187 2732 SHARES X 1 2732 0 0
STATE STREET CORP COMMON
STOCK 857477103 5965 87214 SHARES X 1 87214 0 0
STEELCASE INC CL A COMMON
STOCK 858155203 19 1000 SHARES X 1 0 0 1000
STERIS CORP COMMON
STOCK 859152100 40 1315 SHARES X 1 1200 0 115
STERLING FINANCIAL COMMON
CORP STOCK 859317109 504 47892 SHARES X 1 18825 0 29067
STERLING FINANCIAL COMMON
CORP STOCK 859317109 53 5000 SHARES X 1 0 0 5000
STIFEL FINANCIAL COMMON
CORPORATION STOCK 860630102 78 1320 SHARES X 1 1200 0 120
STMICROELECTRONICS N COMMON
V STOCK 861012102 2 100 SHARES X 1 100 0 0
STORA ENSO OYJ COMMON
SPONSORED ADR STOCK 86210M106 28 1500 SHARES X 1 1500 0 0
STRATEGIC COMMON
DIAGNOSTICS INC COM STOCK 862700101 182 40000 SHARES X 1 40000 0 0
STRATEGIC HOTEL & COMMON
RESORTS INC STOCK 86272T106 16 700 SHARES X 1 N.A. N.A. N.A.
STREETTRACKS GOLD COMMON
TRUST STOCK 863307104 29 446 SHARES X 1 446 0 0
STRYKER CORP COM COMMON
STOCK 863667101 548 8680 SHARES X 1 8680 0 0
STRYKER CORP COM COMMON
STOCK 863667101 76 1200 SHARES X 1 1000 0 200
STURM RUGER & CO INC COMMON
COM STOCK 864159108 7 450 SHARES X 1 450 0 0
STURM RUGER & CO INC COMMON
COM STOCK 864159108 16 1000 SHARES X 1 1000 0 0
SUBURBAN PROPANE COMMON
PARTNERS LP L STOCK 864482104 12 250 SHARES X 1 250 0 0
SUBURBAN PROPANE COMMON
PARTNERS LP L STOCK 864482104 48 1000 SHARES X 1 0 0 1000
22 of 43
SEC USE _______________________________________
COLUMN 5
------------------------
COLUMN 6 COLUMN 8
SHARES INVESTMENT AUTHORITY VOTING AUTHORITY
COLUMN 2 COLUMN 4 OR SHARES PUT ---------------------- COLUMN 7 -------------------
COLUMN 1 TITLE OF COLUMN 3 VALUE PRINCIPAL OR OR SHARED - SHARED - OTHER
NAME OF ISSUER CLASS CUSIP (X $1,000) AMOUNT PRINCIPAL CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED OTHER
-------------- --------- --------- ---------- --------- --------- ---- ---- -------- -------- -------- ------ ------ -----
SUN LIFE FINL INC COMMON
STOCK 866796105 155 3237 SHARES X 1 3237 0 0
SUN MICROSYSTEMS INC COMMON
COM STOCK 866810104 62 11750 SHARES X 1 11750 0 0
SUN MICROSYSTEMS INC COMMON
COM STOCK 866810104 28 5300 SHARES X 1 5300 0 0
SUNCOR ENERGY INC COMMON
STOCK 867229106 92 1025 SHARES X 1 1025 0 0
SUNCOR ENERGY INC COMMON
STOCK 867229106 45 500 SHARES X 1 500 0 0
SUNOCO INC COM COMMON
STOCK 86764P109 129 1625 SHARES X 1 1625 0 0
SUNOCO LOGISTICS COMMON
PARTNERS LP STOCK 86764L108 90 1500 SHARES X 1 1500 0 0
SUNPOWER CORP CL A COMMON
STOCK 867652109 13 200 SHARES X 1 200 0 0
SUNRISE SENIOR COMMON
LIVING INC STOCK 86768K106 8 200 SHARES X 1 200 0 0
SUNTRUST BANKS INC COMMON
STOCK 867914103 770 8983 SHARES X 1 8983 0 0
SUNTRUST BANKS INC COMMON
STOCK 867914103 1638 19109 SHARES X 1 17409 0 1700
SUPERIOR ENERGY COMMON
SERVICES INC C STOCK 868157108 80 2015 SHARES X 1 1900 0 115
SUPERVALU INC COMMON
STOCK 868536103 111 2400 SHARES X 1 2400 0 0
SUSQUEHANNA COMMON
BANCSHARES INC PA STOCK 869099101 1376 61504 SHARES X 1 61504 0 0
SUTRON CORPORATION COMMON
STOCK 869380105 178 20000 SHARES X 1 20000 0 0
SYKES ENTERPRISES INC COMMON
STOCK 871237103 100 5280 SHARES X 1 4800 0 480
SYMANTEC CORP COM COMMON
STOCK 871503108 213 10533 SHARES X 1 10533 0 0
SYMANTEC CORP COM COMMON
STOCK 871503108 144 7110 SHARES X 1 7110 0 0
SYNOPSYS INC COM COMMON
STOCK 871607107 20 750 SHARES X 1 750 0 0
SYNOPSYS INC COM COMMON
STOCK 871607107 40 1500 SHARES X 1 0 0 1500
SYNOVUS FINL CORP COM COMMON
STOCK 87161C105 28 900 SHARES X 1 900 0 0
SYSCO CORP COMMON
STOCK 871829107 8100 245537 SHARES X 1 240644 0 4893
SYSCO CORP COMMON
STOCK 871829107 10001 303141 SHARES X 1 298576 0 4565
TAIWAN SEMICONDUCTOR COMMON
SPON ADR STOCK 874039100 28 2478 SHARES X 1 2478 0 0
TAIWAN SEMICONDUCTOR COMMON
SPON ADR STOCK 874039100 11 1005 SHARES X 1 0 0 1005
TALISMAN ENERGY INC COMMON
STOCK 87425E103 59 3030 SHARES X 1 3030 0 0
TALISMAN ENERGY INC COMMON
STOCK 87425E103 4 210 SHARES X 1 0 0 210
TARGET CORP COM COMMON
STOCK 87612E106 8385 131837 SHARES X 1 129687 0 2150
TARGET CORP COM COMMON
STOCK 87612E106 1755 27600 SHARES X 1 26475 0 1125
TAYLOR DEVICES INC COMMON
STOCK 877163105 94 16400 SHARES X 1 16400 0 0
TD AMERITRADE COMMON
HOLDING CORP STOCK 87236Y108 5 257 SHARES X 1 257 0 0
TECH DATA CORP COM COMMON
STOCK 878237106 19 500 SHARES X 1 500 0 0
TECK COMINCO LTD-CL B COMMON
STOCK 878742204 24 564 SHARES X 1 564 0 0
TECO ENERGY INC COMMON
STOCK 872375100 166 9688 SHARES X 1 9688 0 0
TECO ENERGY INC COMMON
STOCK 872375100 386 22450 SHARES X 1 22150 0 300
TELE NORTE LESTE COMMON
PART ADR STOCK 879246106 13 700 SHARES X 1 700 0 0
TELECOM NEW ZEALAND COMMON
SPON ADR STOCK 879278208 3 100 SHARES X 1 100 0 0
TELECOMMUNICATION COMMON
SYSTEMS INC STOCK 87929J103 34 6600 SHARES X 1 6032 0 568
TELEDYNE
TECHNOLOGIES INC COMMON
COM STOCK 879360105 128 2775 SHARES X 1 2775 0 0
TELEDYNE
TECHNOLOGIES INC COMMON
COM STOCK 879360105 92 2000 SHARES X 1 2000 0 0
TELEFONAKTIEBOLAGET COMMON
LM ERICSSO STOCK 294821608 55 1380 SHARES X 1 1380 0 0
TELEFONICA S A COMMON
SPONSORED ADR STOCK 879382208 100 1500 SHARES X 1 1500 0 0
TELEFONOS DE MEXICO COMMON
SA DE CV STOCK 879403707 173 4596 SHARES X 1 4596 0 0
TELEFONOS DE MEXICO COMMON
SP ADR L STOCK 879403780 269 7092 SHARES X 1 7092 0 0
TELEFONOS DE MEXICO COMMON
SP ADR L STOCK 879403780 114 3000 SHARES X 1 1000 0 2000
TEMPLE INLAND INC COMMON
STOCK 879868107 8 128 SHARES X 1 128 0 0
TEMPLE INLAND INC COMMON
STOCK 879868107 6 100 SHARES X 1 0 0 100
TEMPLETON DRAGON PREFERRED
FUND INC STOCK 88018T101 3 100 SHARES X 1 N.A. N.A. N.A.
TEMPLETON GLOBAL PREFERRED
INCOME FUND-D STOCK 880198106 388 41543 SHARES X 1 N.A. N.A. N.A.
TENET HEALTHCARE CORP COMMON
STOCK 88033G100 12 1900 SHARES X 1 1900 0 0
TEPPCO PARTNERS LTD COMMON
PARTNERS STOCK 872384102 109 2450 SHARES X 1 2450 0 0
TEREX CORP COMMON
STOCK 880779103 20 247 SHARES X 1 247 0 0
TERRA INDUSTRIES INC COMMON
STOCK 880915103 1 27 SHARES X 1 27 0 0
TESSERA TECHNOLOGIES COMMON
INC STOCK 88164L100 63 1550 SHARES X 1 1400 0 150
TEVA PHARMACEUTICAL COMMON
SPONS ADR STOCK 881624209 423 10265 SHARES X 1 10265 0 0
TEVA PHARMACEUTICAL COMMON
SPONS ADR STOCK 881624209 70 1700 SHARES X 1 1700 0 0
TEXAS INSTRUMENTS INC COMMON
STOCK 882508104 7493 199127 SHARES X 1 193204 0 5923
TEXAS INSTRUMENTS INC COMMON
STOCK 882508104 2547 67687 SHARES X 1 60267 0 7420
TEXTRON INC COM COMMON
STOCK 883203101 492 4468 SHARES X 1 4468 0 0
TEXTRON INC COM COMMON
STOCK 883203101 121 1100 SHARES X 1 100 0 1000
TEXTRON INC PFD CV PREFERRED
$1.40 SER B STOCK 883203309 79 200 SHARES X 1 N.A. N.A. N.A.
TF FINANCIAL CORP COMMON
STOCK 872391107 151 5000 SHARES X 1 5000 0 0
THE DIRECTV GROUP INC COMMON
STOCK 25459L106 13 579 SHARES X 1 530 0 49
THE DIRECTV GROUP INC COMMON
STOCK 25459L106 33 1448 SHARES X 1 1448 0 0
THE HERSHEY COMPANY COMMON
STOCK 427866108 5517 108981 SHARES X 1 105250 0 3731
THE HERSHEY COMPANY COMMON
STOCK 427866108 2453 48459 SHARES X 1 34814 0 13645
THE MOSAIC COMPANY COMMON
STOCK 61945A107 16 400 SHARES X 1 400 0 0
THE MOSAIC COMPANY COMMON
STOCK 61945A107 16 400 SHARES X 1 400 0 0
THE PANTRY INC COMMON
STOCK 698657103 7 150 SHARES X 1 150 0 0
THE SCOTTS COMMON
MIRACLE-GRO COMPANY STOCK 810186106 569 13250 SHARES X 1 13250 0 0
THE TRAVELERS COMMON
COMPANIES INC STOCK 89417E109 1323 24737 SHARES X 1 24633 0 104
THE TRAVELERS COMMON
COMPANIES INC STOCK 89417E109 693 12959 SHARES X 1 12750 0 209
THERMO FISHER COMMON
SCIENTIFIC INC STOCK 883556102 1181 22835 SHARES X 1 22835 0 0
THERMO FISHER COMMON
SCIENTIFIC INC STOCK 883556102 178 3450 SHARES X 1 3450 0 0
THORNBURG MTG INC COMMON
(REIT) STOCK 885218107 325 12430 SHARES X 1 N.A. N.A. N.A.
THORNBURG MTG INC COMMON
(REIT) STOCK 885218107 192 7325 SHARES X 1 N.A. N.A. N.A.
THQ INC COM NEW COMMON
STOCK 872443403 104 3405 SHARES X 1 3100 0 305
TIDEWATER INC COMMON
STOCK 886423102 71 1000 SHARES X 1 1000 0 0
23 of 43
SEC USE _______________________________________
COLUMN 5
------------------------
COLUMN 6 COLUMN 8
SHARES INVESTMENT AUTHORITY VOTING AUTHORITY
COLUMN 2 COLUMN 4 OR SHARES PUT ---------------------- COLUMN 7 -------------------
COLUMN 1 TITLE OF COLUMN 3 VALUE PRINCIPAL OR OR SHARED - SHARED - OTHER
NAME OF ISSUER CLASS CUSIP (X $1,000) AMOUNT PRINCIPAL CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED OTHER
-------------- --------- --------- ---------- --------- --------- ---- ---- -------- -------- -------- ------ ------ -----
TIDEWATER INC COMMON
STOCK 886423102 28 400 SHARES X 1 400 0 0
TIFFANY & CO COMMON
STOCK 886547108 148 2784 SHARES X 1 2784 0 0
TIM HORTONS INC COMMON
STOCK 88706M103 165 5366 SHARES X 1 5366 0 0
TIM HORTONS INC COMMON
STOCK 88706M103 8 270 SHARES X 1 270 0 0
TIME WARNER INC COMMON
STOCK 887317105 1281 60892 SHARES X 1 56992 0 3900
TIME WARNER INC COMMON
STOCK 887317105 821 39004 SHARES X 1 35304 0 3700
TIMKEN CO COM COMMON
STOCK 887389104 45 1240 SHARES X 1 1240 0 0
TITAN INTERNATIONAL COMMON
INC STOCK 88830M102 211 6667 SHARES X 1 6392 0 275
TITANIUM METALS CORP COMMON
STOCK 888339207 63 1965 SHARES X 1 1800 0 165
TIVO INC COMMON
STOCK 888706108 1 100 SHARES X 1 100 0 0
TJX COMPANIES COM COMMON
STOCK 872540109 5 165 SHARES X 1 165 0 0
TOLL BROS INC COMMON
STOCK 889478103 1430 57231 SHARES X 1 57036 0 195
TOLL BROS INC COMMON
STOCK 889478103 528 21150 SHARES X 1 20650 0 500
TOMPKINS FINANCIAL COMMON
CORP STOCK 890110109 17 450 SHARES X 1 450 0 0
TOOTSIE ROLL COMMON
INDUSTRIES STOCK 890516107 53 1905 SHARES X 1 1905 0 0
TORO CO COM COMMON
STOCK 891092108 101 1720 SHARES X 1 1720 0 0
TORONTO-DOMINION BANK COMMON
STOCK 891160509 14 211 SHARES X 1 211 0 0
TORONTO-DOMINION BANK COMMON
STOCK 891160509 97 1410 SHARES X 1 1410 0 0
TOTAL SA SPONSORED COMMON
ADR STOCK 89151E109 15 185 SHARES X 1 185 0 0
TOYOTA MOTOR CORP COMMON
SPON ADR STOCK 892331307 31 250 SHARES X 1 250 0 0
TOYOTA MOTOR CORP COMMON
SPON ADR STOCK 892331307 25 200 SHARES X 1 200 0 0
TRADESTATION GROUP COMMON
INC STOCK 89267P105 10 900 SHARES X 1 900 0 0
TRANSACT
TECHNOLOGIES INC COMMON
COM STOCK 892918103 6 1000 SHARES X 1 1000 0 0
TRANSCANADA CORP COMMON
STOCK 89353D107 10 300 SHARES X 1 300 0 0
TRANSCEND SERVICES COMMON
INC STOCK 893929208 6 325 SHARES X 1 325 0 0
TRANSOCEAN INC COMMON
STOCK G90078109 3132 29552 SHARES X 1 29552 0 0
TRANSOCEAN INC COMMON
STOCK G90078109 514 4850 SHARES X 1 4650 0 200
TRAVELCENTERS OF COMMON
AMERICA LLC STOCK 894174101 4 90 SHARES X 1 90 0 0
TRAVELCENTERS OF COMMON
AMERICA LLC STOCK 894174101 1 30 SHARES X 1 30 0 0
TREDEGAR CORP COMMON
STOCK 894650100 53 2500 SHARES X 1 2500 0 0
TRIBUNE CO NEW COM COMMON
STOCK 896047107 38 1300 SHARES X 1 1300 0 0
TRI-CONTINENTAL CORP PREFERRED
STOCK 895436103 42 1616 SHARES X 1 N.A. N.A. N.A.
TRIDENT MICROSYSTEMS COMMON
INC STOCK 895919108 248 13498 SHARES X 1 12538 0 960
TRINITY INDUSTRIES COMMON
INC STOCK 896522109 7 150 SHARES X 1 150 0 0
TRINITY INDUSTRIES COMMON
INC STOCK 896522109 39 900 SHARES X 1 900 0 0
TRONOX INC-CLASS B COMMON
STOCK 897051207 3 221 SHARES X 1 60 0 161
TRONOX INC-CLASS B COMMON
STOCK 897051207 1 76 SHARES X 1 76 0 0
TUPPERWARE BRANDS COMMON
CORP STOCK 899896104 14 500 SHARES X 1 500 0 0
TUPPERWARE BRANDS COMMON
CORP STOCK 899896104 13 450 SHARES X 1 450 0 0
TXU CORP COM COMMON
STOCK 873168108 435 6460 SHARES X 1 6460 0 0
TXU CORP COM COMMON
STOCK 873168108 195 2900 SHARES X 1 2900 0 0
TYCO INTERNATIONAL COMMON
LTD STOCK 902124106 683 20201 SHARES X 1 8483 0 11718
TYCO INTERNATIONAL COMMON
LTD STOCK 902124106 905 26782 SHARES X 1 23568 0 3214
TYSON FOODS INC COM COMMON
STOCK 902494103 14 600 SHARES X 1 600 0 0
U S BANCORP DEL COM COMMON
NEW STOCK 902973304 2649 80391 SHARES X 1 80191 0 200
U S BANCORP DEL COM COMMON
NEW STOCK 902973304 963 29229 SHARES X 1 23923 0 5306
U S GOLD CORPORATION COMMON
STOCK 912023207 53 9650 SHARES X 1 8800 0 850
UBS AG COMMON
STOCK H89231338 211 3522 SHARES X 1 3522 0 0
UDR INC REIT COMMON
STOCK 902653104 13 500 SHARES X 1 N.A. N.A. N.A.
UDR INC REIT COMMON
STOCK 902653104 53 2000 SHARES X 1 N.A. N.A. N.A.
UGI CORP COMMON
STOCK 902681105 248 9100 SHARES X 1 9100 0 0
UGI CORP COMMON
STOCK 902681105 164 6000 SHARES X 1 6000 0 0
ULTRA OIL & GAS PREFERRED
PROSHARES STOCK 74347R719 8 79 SHARES X 1 N.A. N.A. N.A.
UNILEVER NV NY SHARES COMMON
STOCK 904784709 495 15971 SHARES X 1 15971 0 0
UNILEVER NV NY SHARES COMMON
STOCK 904784709 187 6032 SHARES X 1 6032 0 0
UNILEVER PLC COMMON
SPONSORED ADR STOCK 904767704 5 160 SHARES X 1 160 0 0
UNILEVER PLC COMMON
SPONSORED ADR STOCK 904767704 58 1800 SHARES X 1 1800 0 0
UNION BANKSHARES COMMON
CORPORATION STOCK 905399101 7 300 SHARES X 1 300 0 0
UNION PACIFIC CORP COMMON
COM STOCK 907818108 1210 10509 SHARES X 1 10509 0 0
UNION PACIFIC CORP COMMON
COM STOCK 907818108 1027 8915 SHARES X 1 4115 0 4800
UNISOURCE ENERGY CORP COMMON
STOCK 909205106 4 120 SHARES X 1 120 0 0
UNITED PARCEL COMMON
SERVICE CL B STOCK 911312106 7388 101199 SHARES X 1 98833 0 2366
UNITED PARCEL COMMON
SERVICE CL B STOCK 911312106 1601 21935 SHARES X 1 19870 0 2065
UNITED STS STL CORP COMMON
NEW STOCK 912909108 93 851 SHARES X 1 851 0 0
UNITED STS STL CORP COMMON
NEW STOCK 912909108 17 153 SHARES X 1 153 0 0
UNITED TECHNOLOGIES COMMON
CORP COM STOCK 913017109 8858 124887 SHARES X 1 120015 0 4872
UNITED TECHNOLOGIES COMMON
CORP COM STOCK 913017109 3777 53244 SHARES X 1 50129 0 3115
UNITED UTILITIES PLC COMMON
SP ADR STOCK 91311Q105 8 300 SHARES X 1 300 0 0
UNITEDHEALTH GROUP COMMON
INC STOCK 91324P102 4945 96686 SHARES X 1 94944 0 1742
UNITEDHEALTH GROUP COMMON
INC STOCK 91324P102 521 10194 SHARES X 1 6644 0 3550
UNITRIN INC COM COMMON
STOCK 913275103 165 3358 SHARES X 1 3358 0 0
UNIVERSAL
COMPRESSION COMMON
HOLDINGS STOCK 913431102 72 1000 SHARES X 1 1000 0 0
UNIVERSAL DISPLAY COMMON
CORP STOCK 91347P105 20 1300 SHARES X 1 1300 0 0
UNIVERSAL
STAINLESS & ALLOY COMMON
PR STOCK 913837100 21 600 SHARES X 1 600 0 0
UNIVEST CORP OF PA COMMON
STOCK 915271100 55 2454 SHARES X 1 2454 0 0
URBAN OUTFITTERS INC COMMON
STOCK 917047102 97 4029 SHARES X 1 3769 0 260
URSTADT BIDDLE PPTYS COMMON
INC CL A STOCK 917286205 26 1500 SHARES X 1 N.A. N.A. N.A.
URSTADT BIDDLE PPTYS COMMON
INC CL A STOCK 917286205 51 3000 SHARES X 1 N.A. N.A. N.A.
24 of 43
SEC USE _______________________________________
COLUMN 5
------------------------
COLUMN 6 COLUMN 8
SHARES INVESTMENT AUTHORITY VOTING AUTHORITY
COLUMN 2 COLUMN 4 OR SHARES PUT ---------------------- COLUMN 7 -------------------
COLUMN 1 TITLE OF COLUMN 3 VALUE PRINCIPAL OR OR SHARED - SHARED - OTHER
NAME OF ISSUER CLASS CUSIP (X $1,000) AMOUNT PRINCIPAL CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED OTHER
-------------- --------- --------- ---------- --------- --------- ---- ---- -------- -------- -------- ------ ------ -----
USG CORP COMMON
STOCK 903293405 12 240 SHARES X 1 240 0 0
UST INC COM COMMON
STOCK 902911106 213 3975 SHARES X 1 3975 0 0
UST INC COM COMMON
STOCK 902911106 140 2600 SHARES X 1 2600 0 0
V F CORP COMMON
STOCK 918204108 300 3276 SHARES X 1 3276 0 0
V F CORP COMMON
STOCK 918204108 861 9400 SHARES X 1 9400 0 0
VALASSIS
COMMUNICATION INC COMMON
COM STOCK 918866104 23 1344 SHARES X 1 1344 0 0
VALERO ENERGY CORP COMMON
COM STOCK 91913Y100 473 6400 SHARES X 1 6400 0 0
VALERO ENERGY CORP COMMON
COM STOCK 91913Y100 369 5000 SHARES X 1 5000 0 0
VALUECLICK INC COMMON
STOCK 92046N102 97 3285 SHARES X 1 3020 0 265
VAN KAMPEN MUNICIPAL PREFERRED
OPPORTUNI STOCK 920935103 114 7385 SHARES X 1 N.A. N.A. N.A.
VAN KAMPEN PENN PREFERRED
VALUE MUNI INC STOCK 92112T108 190 13352 SHARES X 1 N.A. N.A. N.A.
VAN KAMPEN PENN PREFERRED
VALUE MUNI INC STOCK 92112T108 376 26478 SHARES X 1 N.A. N.A. N.A.
VAN KAMPEN TR FOR PREFERRED
INV GR MUNIC STOCK 920929106 19 1258 SHARES X 1 N.A. N.A. N.A.
VAN KAMPEN TR FOR PREFERRED
INV GR MUNIC STOCK 920929106 88 5851 SHARES X 1 N.A. N.A. N.A.
VAN KAMPEN TRUST PREFERRED
INSURED MUNIC STOCK 920928108 7 505 SHARES X 1 N.A. N.A. N.A.
VANGUARD EMERGING PREFERRED
MKTS ETF STOCK 922042858 31 345 SHARES X 1 N.A. N.A. N.A.
VANGUARD ENERGY ETF PREFERRED
STOCK 92204A306 43 425 SHARES X 1 N.A. N.A. N.A.
VANGUARD INFO TECH COMMON
ETF STOCK 92204A702 4 65 SHARES X 1 65 0 0
VANGUARD MATERIALS PREFERRED
ETF STOCK 92204A801 21 250 SHARES X 1 N.A. N.A. N.A.
VANGUARD MID-CAP ETF PREFERRED
STOCK 922908629 55 678 SHARES X 1 N.A. N.A. N.A.
VANGUARD TOTAL STOCK PREFERRED
MARKET ET STOCK 922908769 132 882 SHARES X 1 N.A. N.A. N.A.
VANGUARD TOTAL STOCK PREFERRED
MARKET ET STOCK 922908769 438 2931 SHARES X 1 N.A. N.A. N.A.
VARIAN INC COMMON
STOCK 922206107 7 120 SHARES X 1 120 0 0
VARIAN MEDICAL SYS COMMON
INC COM STOCK 92220P105 696 16383 SHARES X 1 16123 0 260
VARIAN MEDICAL SYS COMMON
INC COM STOCK 92220P105 83 1945 SHARES X 1 1945 0 0
VARIAN SEMICONDUCTOR COMMON
EQUIP ASS STOCK 922207105 98 2455 SHARES X 1 2270 0 185
VECTOR GROUP LTD COMMON
STOCK 92240M108 12 525 SHARES X 1 525 0 0
VERIGY LTD COMMON
STOCK Y93691106 36 1244 SHARES X 1 1244 0 0
VERIGY LTD COMMON
STOCK Y93691106 3 120 SHARES X 1 120 0 0
VERISIGN INC COM COMMON
STOCK 92343E102 46 1455 SHARES X 1 1455 0 0
VERISIGN INC COM COMMON
STOCK 92343E102 21 650 SHARES X 1 650 0 0
VERIZON COMMON
COMMUNICATIONS COM STOCK 92343V104 19086 463595 SHARES X 1 452480 0 11115
VERIZON COMMON
COMMUNICATIONS COM STOCK 92343V104 10715 260273 SHARES X 1 246522 0 13751
VIACOM INC CL A COMMON
STOCK 92553P102 9 225 SHARES X 1 225 0 0
VIACOM INC-CLASS B COMMON
STOCK 92553P201 523 12565 SHARES X 1 12565 0 0
VIACOM INC-CLASS B COMMON
STOCK 92553P201 216 5184 SHARES X 1 4034 0 1150
VISHAY
INTERTECHNOLOGY COMMON
INC COM STOCK 928298108 16 1000 SHARES X 1 1000 0 0
VISICU INC COMMON
STOCK 92831L204 2287 249998 SHARES X 1 249998 0 0
VITAL IMAGES INC COMMON
STOCK 92846N104 65 2400 SHARES X 1 2200 0 200
VK ADVANTAGE MUNI PREFERRED
INCOME TR I STOCK 92112K107 12 933 SHARES X 1 N.A. N.A. N.A.
VODAFONE GROUP COMMON
PLC--SP ADR STOCK 92857W209 1075 31975 SHARES X 1 31975 0 0
VODAFONE GROUP COMMON
PLC--SP ADR STOCK 92857W209 438 13019 SHARES X 1 12858 0 161
VOLVO AB SPONS ADR B COMMON
STOCK 928856400 60 3000 SHARES X 1 0 0 3000
VSE CORPORATION COMMON
STOCK 918284100 313 8500 SHARES X 1 8500 0 0
VULCAN MATERIAL COM COMMON
STOCK 929160109 5 41 SHARES X 1 41 0 0
W P CAREY & CO LLC COMMON
STOCK 92930Y107 8 263 SHARES X 1 N.A. N.A. N.A.
W P CAREY & CO LLC COMMON
STOCK 92930Y107 158 5019 SHARES X 1 N.A. N.A. N.A.
W W GRAINGER INC COM COMMON
STOCK 384802104 484 5200 SHARES X 1 5200 0 0
W W GRAINGER INC COM COMMON
STOCK 384802104 149 1600 SHARES X 1 1600 0 0
WABTEC CORP COM COMMON
STOCK 929740108 260 7113 SHARES X 1 6593 0 520
WACHOVIA CORP COM COMMON
STOCK 929903102 15249 297548 SHARES X 1 288428 0 9120
WACHOVIA CORP COM COMMON
STOCK 929903102 5608 109431 SHARES X 1 101256 0 8175
WADDELL & REED FINL COMMON
INC CL A STOCK 930059100 16 600 SHARES X 1 600 0 0
WAL MART STORES INC COMMON
COM STOCK 931142103 13740 285594 SHARES X 1 280865 0 4729
WAL MART STORES INC COMMON
COM STOCK 931142103 4514 93827 SHARES X 1 85487 0 8340
WALGREEN CO COMMON
STOCK 931422109 1315 30208 SHARES X 1 29258 0 950
WALGREEN CO COMMON
STOCK 931422109 990 22742 SHARES X 1 16572 0 6170
WASHINGTON MUTUAL COM COMMON
STOCK 939322103 1417 33241 SHARES X 1 33241 0 0
WASHINGTON MUTUAL COM COMMON
STOCK 939322103 471 11050 SHARES X 1 10050 0 1000
WASHINGTON REAL COMMON
ESTATE INVT (R STOCK 939653101 203 5975 SHARES X 1 N.A. N.A. N.A.
WASHINGTON REAL COMMON
ESTATE INVT (R STOCK 939653101 20 600 SHARES X 1 N.A. N.A. N.A.
WASTE CONNECTIONS INC COMMON
STOCK 941053100 147 4873 SHARES X 1 4583 0 290
WASTE MANAGEMENT INC COMMON
COM STOCK 94106L109 1419 36337 SHARES X 1 35065 0 1272
WASTE MANAGEMENT INC COMMON
COM STOCK 94106L109 486 12447 SHARES X 1 8947 0 3500
WATERS CORP COM COMMON
STOCK 941848103 101 1700 SHARES X 1 1700 0 0
WATSON
PHARMACEUTICALS COMMON
INC COM STOCK 942683103 50 1526 SHARES X 1 763 763 0
WCI INDUSTRIES COMMON
STOCK 92923C104 3 150 SHARES X 1 150 0 0
WD 40 CO COM COMMON
STOCK 929236107 72 2200 SHARES X 1 2200 0 0
WEATHERFORD INTL LTD COMMON
BERMUDA STOCK G95089101 2795 50604 SHARES X 1 50364 0 240
WEATHERFORD INTL LTD COMMON
BERMUDA STOCK G95089101 212 3837 SHARES X 1 3837 0 0
WEBSENSE INC COMMON
STOCK 947684106 86 4060 SHARES X 1 3700 0 360
WEIGHT WATCHERS INTL COMMON
INC NEW STOCK 948626106 19 375 SHARES X 1 375 0 0
WEINGARTEN REALTY COMMON
INVESTORS (R STOCK 948741103 41 1000 SHARES X 1 N.A. N.A. N.A.
WEINGARTEN REALTY COMMON
INVESTORS (R STOCK 948741103 21 500 SHARES X 1 N.A. N.A. N.A.
WEIS MARKETS INC COMMON
STOCK 948849104 85 2095 SHARES X 1 1645 0 450
WEIS MARKETS INC COMMON
STOCK 948849104 6 150 SHARES X 1 150 0 0
WELLPOINT INC COMMON
STOCK 94973V107 68 850 SHARES X 1 850 0 0
WELLS FARGO & CO COMMON
STOCK 949746101 12300 349737 SHARES X 1 348237 0 1500
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SEC USE _______________________________________
COLUMN 5
------------------------
COLUMN 6 COLUMN 8
SHARES INVESTMENT AUTHORITY VOTING AUTHORITY
COLUMN 2 COLUMN 4 OR SHARES PUT ---------------------- COLUMN 7 -------------------
COLUMN 1 TITLE OF COLUMN 3 VALUE PRINCIPAL OR OR SHARED - SHARED - OTHER
NAME OF ISSUER CLASS CUSIP (X $1,000) AMOUNT PRINCIPAL CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED OTHER
-------------- --------- --------- ---------- --------- --------- ---- ---- -------- -------- -------- ------ ------ -----
WELLS FARGO & CO COMMON
STOCK 949746101 5337 151762 SHARES X 1 146616 0 5146
WENDYS INTL INC COM COMMON
STOCK 950590109 145 3936 SHARES X 1 3936 0 0
WENDYS INTL INC COM COMMON
STOCK 950590109 7 200 SHARES X 1 200 0 0
WERNER ENTERPRISES COMMON
INC STOCK 950755108 19 935 SHARES X 1 935 0 0
WESTAR ENERGY INC COMMON
STOCK 95709T100 11 443 SHARES X 1 443 0 0
WESTAR ENERGY INC COMMON
STOCK 95709T100 5 200 SHARES X 1 200 0 0
WESTERN ASSET GLOBAL PREFERRED
HIGH INC STOCK 95766B109 26 2000 SHARES X 1 N.A. N.A. N.A.
WESTERN ASSET HIGH PREFERRED
INC OPPORTU STOCK 95766K109 15 2281 SHARES X 1 N.A. N.A. N.A.
WESTERN ASSET PREFERRED
MANAGED MUNICIPA STOCK 95766M105 11 1016 SHARES X 1 N.A. N.A. N.A.
WESTERN ASSET PREFERRED
MUNICIPAL HIGH I STOCK 95766N103 23 2923 SHARES X 1 N.A. N.A. N.A.
WESTERN REFINING INC COMMON
STOCK 959319104 48 828 SHARES X 1 828 0 0
WESTERN UNION COMPANY COMMON
STOCK 959802109 523 25112 SHARES X 1 25112 0 0
WESTERN UNION COMPANY COMMON
STOCK 959802109 422 20248 SHARES X 1 19548 0 700
WESTLAKE CHEMICAL COMMON
CORPORATION STOCK 960413102 17 605 SHARES X 1 605 0 0
WESTN DIGITAL CORP COMMON
STOCK 958102105 78 4037 SHARES X 1 3767 0 270
WESTSIDE ENERGY CORP COMMON
STOCK 96149R100 43 12000 SHARES X 1 12000 0 0
WEYERHAEUSER CO COM COMMON
STOCK 962166104 232 2937 SHARES X 1 2937 0 0
WEYERHAEUSER CO COM COMMON
STOCK 962166104 474 6002 SHARES X 1 5204 0 798
WGL HLDGS INC COM COMMON
STOCK 92924F106 39 1200 SHARES X 1 1200 0 0
WHEELING- PITTSBURG COMMON
CORP STOCK 963142302 5 245 SHARES X 1 245 0 0
WHIRLPOOL CORP COM COMMON
STOCK 963320106 88 792 SHARES X 1 792 0 0
WHIRLPOOL CORP COM COMMON
STOCK 963320106 83 742 SHARES X 1 742 0 0
WHITING PETROLEUM COMMON
CORPORATION STOCK 966387102 61 1500 SHARES X 1 1500 0 0
WHOLE FOODS MKT INC COMMON
COM STOCK 966837106 50 1300 SHARES X 1 1300 0 0
WHOLE FOODS MKT INC COMMON
COM STOCK 966837106 23 600 SHARES X 1 600 0 0
WILBER CORP COM COMMON
STOCK 967797101 7 750 SHARES X 1 750 0 0
WILLIAM SONOMA INC COMMON
COM STOCK 969904101 125 3943 SHARES X 1 3688 0 255
WILLIAMS COMPANY INC COMMON
(THE) STOCK 969457100 23 724 SHARES X 1 724 0 0
WILLIAMS COMPANY INC COMMON
(THE) STOCK 969457100 38 1200 SHARES X 1 0 0 1200
WILMINGTON TRUST CORP COMMON
STOCK 971807102 25 600 SHARES X 1 600 0 0
WINDSTREAM CORP COMMON
STOCK 97381W104 157 10604 SHARES X 1 10604 0 0
WINDSTREAM CORP COMMON
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WISCONSIN ENERGY COMMON
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WISCONSIN ENERGY COMMON
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WORTHINGTON INDS INC COMMON
COM STOCK 981811102 281 13000 SHARES X 1 0 0 13000
WRIGLEY WM JR CO COMMON
STOCK 982526105 734 13270 SHARES X 1 13270 0 0
WRIGLEY WM JR CO COMMON
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WYETH COMMON
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WYETH COMMON
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WYNDHAM WORLDWIDE COMMON
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WYNN RESORTS LIMITED COMMON
STOCK 983134107 9 100 SHARES X 1 100 0 0
XCEL ENERGY INC COM COMMON
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XCEL ENERGY INC COM COMMON
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XEROX CORP COMMON
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XEROX CORP COMMON
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XM SATELLITE RADIO COMMON
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X-RITE INC COM COMMON
STOCK 983857103 4 250 SHARES X 1 250 0 0
XTO ENERGY INC COM COMMON
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XTO ENERGY INC COM COMMON
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YAHOO INC COM COMMON
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YAHOO INC COM COMMON
STOCK 984332106 19 710 SHARES X 1 710 0 0
YAMANA GOLD INC COMMON
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YORK WATER COMPANY COMMON
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YORK WATER COMPANY COMMON
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YUM! BRANDS INC COMMON
STOCK 988498101 507 15492 SHARES X 1 15492 0 0
YUM! BRANDS INC COMMON
STOCK 988498101 388 11846 SHARES X 1 8006 0 3840
ZEBRA TECHNOLOGIES COMMON
CORP CL A STOCK 989207105 87 2250 SHARES X 1 2250 0 0
ZIMMER HLDGS INC COM COMMON
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ZIMMER HLDGS INC COM COMMON
STOCK 98956P102 1717 20232 SHARES X 1 19282 0 950
ZIONS BANCORPORATION COMMON
COM STOCK 989701107 3778 49123 SHARES X 1 47426 0 1697
ZIONS BANCORPORATION COMMON
COM STOCK 989701107 324 4210 SHARES X 1 3285 0 925
ZYGO CORP COM COMMON
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3M COMPANY COMMON
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ABBOTT LABORATORIES COMMON
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NATIONAL BANCORP STOCK 003390101 2 137 SHARES X 2 137 0 0
ACTUANT CORP CL A NEW COMMON
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ACUITY BRANDS INC COMMON
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ADOBE SYSTEMS COMMON
INCORPORATED STOCK 00724F101 1819 45318 SHARES X 2 45318 0 0
ADVANTAGE ENERGY COMMON
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AES CORPORATION COMMON
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AETNA INC NEW COM COMMON
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AFLAC INCORPORATED COMMON
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AGILENT TECHNOLOGIES COMMON
INC COM STOCK 00846U101 88 2288 SHARES X 2 2288 0 0
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ALLIANCE FINANCIAL COMMON
CORP STOCK 019205103 80 3027 SHARES X 2 3027 0 0
ALLIANCE HOLDINGS GP COMMON
LP STOCK 01861G100 48 1600 SHARES X 2 1600 0 0
ALLIANCEBERNSTEIN COMMON
HOLDING LP STOCK 01881G106 2025 23250 SHARES X 2 23250 0 0
26 of 43
SEC USE _______________________________________
COLUMN 5
------------------------
COLUMN 6 COLUMN 8
SHARES INVESTMENT AUTHORITY VOTING AUTHORITY
COLUMN 2 COLUMN 4 OR SHARES PUT ---------------------- COLUMN 7 -------------------
COLUMN 1 TITLE OF COLUMN 3 VALUE PRINCIPAL OR OR SHARED - SHARED - OTHER
NAME OF ISSUER CLASS CUSIP (X $1,000) AMOUNT PRINCIPAL CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED OTHER
-------------- -------- --------- ---------- --------- --------- ---- ---- -------- -------- -------- ------ ------ -----
ALLIANT TECHSYSTEMS COMMON
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ALLIED CAPITAL COMMON
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ALLSTATE CORPORATION COMMON
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ALLTEL CORPORATION COMMON
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ALNYLAM COMMON
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AMBAC FINANCIAL COMMON
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AMERICA MOVIL COMMON
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AMERICAN CAPITAL COMMON
STRATEGIES LTD STOCK 024937104 9559 224800 SHARES X 2 224800 0 0
AMERICAN ELECTRIC COMMON
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AMERICAN ELECTRIC COMMON
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AMERICAN EXPRESS COMMON
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AMERICAN FINANCIAL COMMON
REALTY STOCK 02607P305 4700 455450 SHARES X 2 455450 0 0
AMERICAN
INTERNATIONAL COMMON
GROUP INC STOCK 026874107 21253 303481 SHARES X 2 303481 0 0
AMERIPRISE FINANCIAL COMMON
INC STOCK 03076C106 158 2490 SHARES X 2 2490 0 0
AMERON INTERNATIONAL COMMON
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AMGEN INCORPORATED COMMON
STOCK 031162100 1991 36013 SHARES X 2 36013 0 0
ANADARKO PETROLEUM COMMON
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ANALOG DEVICES INC COMMON
STOCK 032654105 790 21000 SHARES X 2 21000 0 0
ANHEUSER BUSCH COS COMMON
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(REIT) STOCK 035710409 108 7500 SHARES X 2 7500 0 0
APACHE CORP COM COMMON
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APPLE COMPUTER COMMON
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APPLIED MATERIALS COMMON
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ARCHER DANIELS COMMON
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ARCHSTONE-SMITH TRUST COMMON
STOCK 039583109 2124 35939 SHARES X 2 35939 0 0
ARLINGTON TANKERS LTD COMMON
STOCK G04899103 4128 143949 SHARES X 2 143949 0 0
ASPECT MEDICAL
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AT&T INC COMMON
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ATLAS PIPELINE COMMON
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ATMOS ENERGY CORP COMMON
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AUTOMATIC DATA COMMON
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BAKER HUGHES COMMON
INCORPORATED STOCK 057224107 1123 13350 SHARES X 2 13350 0 0
BANK NEW YORK COMMON
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BANK OF AMERICA COMMON
CORPORATION STOCK 060505104 19651 401952 SHARES X 2 401952 0 0
BASIN WATER INC COMMON
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BAYTEX ENERGY COMMON
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BB & T CORPORATION COMMON
STOCK 054937107 2733 67196 SHARES X 2 67196 0 0
BECKMAN COULTER INC COMMON
STOCK 075811109 1035 16000 SHARES X 2 16000 0 0
BED BATH & BEYOND COMMON
INC COM STOCK 075896100 43 1200 SHARES X 2 1200 0 0
BERKSHIRE HATHAWAY COMMON
INC CLASS A STOCK 084670108 1095 10 SHARES X 2 10 0 0
BERKSHIRE HATHAWAY COMMON
INC CLASS B STOCK 084670207 469 130 SHARES X 2 130 0 0
BIOGEN IDEC INC COMMON
STOCK 09062X103 997 18630 SHARES X 2 18630 0 0
BJ'S WHOLESALE CLUB COMMON
INC COM STOCK 05548J106 14 400 SHARES X 2 400 0 0
BLACKROCK MARYLAND COMMON
MUNI BD TR STOCK 09249L105 53 3000 SHARES X 2 3000 0 0
BLACKROCK MUNI COMMON
INTERM DURATION FD STOCK 09253X102 6 450 SHARES X 2 450 0 0
BOARDWALK PIPELINE COMMON
PARTNERS LP STOCK 096627104 35 1000 SHARES X 2 1000 0 0
BOEING CO COM COMMON
STOCK 097023105 96 1000 SHARES X 2 1000 0 0
BOSTON PROPERTIES COMMON
INCORPORATED STOCK 101121101 94 2600 SHARES X 2 2600 0 0
BOSTON SCIENTIFIC COMMON
CORPORATION STOCK 101137107 86 3800 SHARES X 2 3800 0 0
BP PLC SPONSORED ADR COMMON
STOCK 055622104 1295 17952 SHARES X 2 17952 0 0
BRANDYWINE REALTY COMMON
TRUST (REIT) STOCK 105368203 83 2900 SHARES X 2 2900 0 0
BRIGHT HORIZONS
FAMILY SOLUTIONS COMMON
INC STOCK 109195107 800 20750 SHARES X 2 20750 0 0
BRISTOL MYERS SQUIBB COMMON
COMPANY STOCK 110122108 1609 51754 SHARES X 2 51754 0 0
BROADRIDGE FINANCIAL COMMON
SOLUTIONS LLC STOCK 11133T103 44 2325 SHARES X 2 2325 0 0
BROWN-FORMAN CORP CL COMMON
B STOCK 115637209 395 5400 SHARES X 2 5400 0 0
BUCKEYE PARTNERS COMMON
LIMITED PARTNERSHIP STOCK 118230101 108 2102 SHARES X 2 2102 0 0
BUNGE LIMITED COMMON
STOCK G16962105 597 7065 SHARES X 2 7065 0 0
BURLINGTON NORTHERN COMMON
SANTA FE CORP STOCK 12189T104 13 150 SHARES X 2 150 0 0
CAMDEN PROPERTY COMMON
TRUST (REIT) STOCK 133131102 33 500 SHARES X 2 500 0 0
CANETIC RESOURCES COMMON
TRUST STOCK 137513107 50 3100 SHARES X 2 3100 0 0
CANON INC SPONS ADR COMMON
STOCK 138006309 12 202 SHARES X 2 202 0 0
CAPITAL ONE
FINANCIAL COMMON
CORPORATION STOCK 14040H105 13363 170361 SHARES X 2 170361 0 0
CAPITALSOURCE INC COMMON
STOCK 14055X102 10573 429950 SHARES X 2 429950 0 0
CARDINAL HEALTH COMMON
INCORPORATED STOCK 14149Y108 424 6000 SHARES X 2 6000 0 0
CARMAX INC COMMON
STOCK 143130102 255 10000 SHARES X 2 10000 0 0
CATERPILLAR INC COMMON
STOCK 149123101 394 5036 SHARES X 2 5036 0 0
CB RICHARD ELLIS COMMON
GROUP INC CL A STOCK 12497T101 2200 60275 SHARES X 2 60275 0 0
CBS CORP CL B COMMON
STOCK 124857202 11 331 SHARES X 2 331 0 0
CENTRAL VIRGINIA COMMON
BANKSHARES INC STOCK 155792104 5 231 SHARES X 2 231 0 0
CERNER CORP COMMON
STOCK 156782104 333 6000 SHARES X 2 6000 0 0
CGI GROUP INC - CL A COMMON
STOCK 39945C109 17 1500 SHARES X 2 1500 0 0
CHECK POINT SOFTWARE COMMON
TECH COM STOCK M22465104 360 15800 SHARES X 2 15800 0 0
CHECKFREE CORP COM COMMON
STOCK 162813109 20 500 SHARES X 2 500 0 0
CHENIERE ENERGY INC COMMON
STOCK 16411R208 1076 27749 SHARES X 2 27749 0 0
CHEVRONTEXACO COMMON
CORPORATION STOCK 166764100 4358 52216 SHARES X 2 52216 0 0
CHICAGO BRIDGE & COMMON
IRON CO N V COM STOCK 167250109 340 9000 SHARES X 2 9000 0 0
27 of 43
SEC USE _______________________________________
COLUMN 5
------------------------
COLUMN 6 COLUMN 8
SHARES INVESTMENT AUTHORITY VOTING AUTHORITY
COLUMN 2 COLUMN 4 OR SHARES PUT ---------------------- COLUMN 7 -------------------
COLUMN 1 TITLE OF COLUMN 3 VALUE PRINCIPAL OR OR SHARED - SHARED - OTHER
NAME OF ISSUER CLASS CUSIP (X $1,000) AMOUNT PRINCIPAL CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED OTHER
-------------- -------- --------- ---------- --------- --------- ---- ---- -------- -------- -------- ------ ------ -----
CHOICE HOTELS COMMON
INTERNATIONAL INC STOCK 169905106 40 1000 SHARES X 2 1000 0 0
CHUBB CORP COMMON
STOCK 171232101 5533 102198 SHARES X 2 102198 0 0
CINCINNATI FINANCIAL COMMON
CORPORATION STOCK 172062101 239 5511 SHARES X 2 5511 0 0
CIPHERGEN BIOSYSTEMS COMMON
INCORPORATED STOCK 17252Y104 0 130 SHARES X 2 130 0 0
CISCO SYSTEMS COMMON
INCORPORATED STOCK 17275R102 9594 344503 SHARES X 2 344503 0 0
CITADEL BROADCASTING COMMON
COMPANY STOCK 17285T106 13 2012 SHARES X 2 2012 0 0
CITIGROUP COMMON
INCORPORATED STOCK 172967101 12278 240329 SHARES X 2 240329 0 0
CITIZENS COMMON
COMMUNICATIONS CO STOCK 17453B101 49 3200 SHARES X 2 3200 0 0
CITY NATIONAL CORP COMMON
COM STOCK 178566105 19 250 SHARES X 2 250 0 0
CLOROX COMPANY COMMON
STOCK 189054109 435 7000 SHARES X 2 7000 0 0
COCA COLA CO COM COMMON
STOCK 191216100 377 7203 SHARES X 2 7203 0 0
COHEN & STEERS
ADVANTAGE INC RLTY COMMON
FD STOCK 19247W102 22 1000 SHARES X 2 1000 0 0
COHEN & STEERS COMMON
QUALITY INC RLTY FD STOCK 19247L106 21 1025 SHARES X 2 1025 0 0
COHEN & STEERS COMMON
REIT & PFD INC FD STOCK 19247X100 22 800 SHARES X 2 800 0 0
COHEN & STEERS REIT COMMON
AND UTILITY FUND STOCK 19247Y108 13 600 SHARES X 2 600 0 0
COLGATE PALMOLIVE COMMON
COMPANY STOCK 194162103 6200 96500 SHARES X 2 96500 0 0
COMCAST CORPORATION COMMON
CLASS A NEW STOCK 20030N101 1639 58294 SHARES X 2 58294 0 0
COMCAST CORP- COMMON
SPECIAL CL A STOCK 20030N200 681 24350 SHARES X 2 24350 0 0
COMMERCE BANCORP INC COMMON
N J STOCK 200519106 481 13000 SHARES X 2 13000 0 0
COMPANHIA VALE DO COMMON
RIO DOCE-ADR STOCK 204412209 22 500 SHARES X 2 500 0 0
COMPTON PETROLEUM COMMON
CORP STOCK 204940100 37 3700 SHARES X 2 3700 0 0
COMSTOCK
HOMEBUILDING COS COMMON
INC CL A STOCK 205684103 10 3500 SHARES X 2 3500 0 0
CONOCOPHILLIPS COMMON
STOCK 20825C104 800 10196 SHARES X 2 10196 0 0
CONSTELLATION BRANDS COMMON
INC CLASS A STOCK 21036P108 2973 122446 SHARES X 2 122446 0 0
CORNING INCORPORATED COMMON
STOCK 219350105 1180 43555 SHARES X 2 43555 0 0
CORP OFFICE
PROPERTIES TR COMMON
(REIT) STOCK 22002T108 49 1200 SHARES X 2 1200 0 0
COSTCO WHOLESALE COMMON
CORP COM STOCK 22160K105 275 4700 SHARES X 2 4700 0 0
COVENTRY HEALTH CARE COMMON
INCORPORATED STOCK 222862104 3455 59300 SHARES X 2 59300 0 0
CROSSTEX ENERGY LP COMMON
STOCK 22765U102 42 1200 SHARES X 2 1200 0 0
CSX CORP COMMON
STOCK 126408103 23 512 SHARES X 2 512 0 0
CUISINE SOLUTIONS INC COMMON
STOCK 229904107 154 25500 SHARES X 2 25500 0 0
CURTISS WRIGHT CORP COMMON
STOCK 231561101 34 728 SHARES X 2 728 0 0
CVS /CAREMARK CORP COMMON
STOCK 126650100 452 12400 SHARES X 2 12400 0 0
CYMER INC COMMON
STOCK 232572107 12 300 SHARES X 2 300 0 0
DAIMLERCHRYSLER AG COMMON
STOCK D1668R123 11 124 SHARES X 2 124 0 0
DANAHER CORPORATION COMMON
STOCK 235851102 3368 47461 SHARES X 2 47461 0 0
DCP MIDSTREAM COMMON
PARTNERS LP STOCK 23311P100 47 1000 SHARES X 2 1000 0 0
DELL INC COMMON
STOCK 24702R101 31 1100 SHARES X 2 1100 0 0
DEVON ENERGY CORP COMMON
STOCK 25179M103 78 1000 SHARES X 2 1000 0 0
DIAMONDS TR UNIT SER COMMON
1 STOCK 252787106 253 1884 SHARES X 2 1884 0 0
DIONEX CORP COMMON
STOCK 254546104 1090 15350 SHARES X 2 15350 0 0
DISNEY WALT CO COMMON
STOCK 254687106 867 25400 SHARES X 2 25400 0 0
DOMINION RESOURCES COMMON
INC STOCK 25746U109 354 4100 SHARES X 2 4100 0 0
DONNELLEY R R & SONS COMMON
CO STOCK 257867101 186 4280 SHARES X 2 4280 0 0
DOW CHEMICAL COMPANY COMMON
STOCK 260543103 3458 82600 SHARES X 2 82600 0 0
DRS TECHNOLOGIES COMMON
INCORPORATED STOCK 23330X100 1622 28325 SHARES X 2 28325 0 0
DU PONT E I DE COMMON
NEMOURS & COMPANY STOCK 263534109 1157 23300 SHARES X 2 23300 0 0
DUKE REALTY CORP COMMON
STOCK 264411505 330 9247 SHARES X 2 9247 0 0
DYADIC INTERNATIONAL COMMON
INC STOCK 26745T101 111 21000 SHARES X 2 21000 0 0
E M C CORPORATION COMMON
MASSACHUSETTS STOCK 268648102 6593 344262 SHARES X 2 344262 0 0
EAGLE BANCORP INC MD COMMON
STOCK 268948106 1338 80981 SHARES X 2 80981 0 0
EAST WEST BANCORP INC COMMON
STOCK 27579R104 389 10000 SHARES X 2 10000 0 0
EASTGROUP PROPERTIES COMMON
INCORPORATED STOCK 277276101 3061 73450 SHARES X 2 73450 0 0
EBAY INC COM COMMON
STOCK 278642103 277 8600 SHARES X 2 8600 0 0
EL PASO CORP COM COMMON
STOCK 28336L109 258 15000 SHARES X 2 15000 0 0
EMERSON ELECTRIC COMMON
COMPANY STOCK 291011104 4063 70095 SHARES X 2 70095 0 0
ENCANA CORP COMMON
STOCK 292505104 61 1000 SHARES X 2 1000 0 0
ENERGY EAST CORP COM COMMON
STOCK 29266M109 157 6000 SHARES X 2 6000 0 0
ENERGY SELECT SECTOR COMMON
SPDR FD STOCK 81369Y506 34 500 SHARES X 2 500 0 0
ENERGY TRANSFER COMMON
EQUITY LP STOCK 29273V100 47 1100 SHARES X 2 1100 0 0
ENERGY TRANSFER COMMON
PARTNERS LP STOCK 29273R109 105 1700 SHARES X 2 1700 0 0
ENERPLUS RESOURCES COMMON
FUND STOCK 29274D604 47 1000 SHARES X 2 1000 0 0
ENI SPA-SPONS ADR COMMON
STOCK 26874R108 15 212 SHARES X 2 212 0 0
ENTERPRISE GP COMMON
HOLDINGS LP STOCK 293716106 38 1000 SHARES X 2 1000 0 0
ENTERPRISE PRODUCTS COMMON
PARTNERS L.P. STOCK 293792107 2493 465800 SHARES X 2 465800 0 0
EP MEDSYSTEMS INC COM COMMON
STOCK 26881P103 46 25000 SHARES X 2 25000 0 0
EQUITY RESIDENTIAL COMMON
(REIT) STOCK 29476L107 15 325 SHARES X 2 325 0 0
EV ENERGY PARTNER LP COMMON
STOCK 26926V107 44 1200 SHARES X 2 1200 0 0
EXPEDITORS INTL WASH COMMON
INC COM STOCK 302130109 103 2500 SHARES X 2 2500 0 0
EXXON MOBIL COMMON
CORPORATION STOCK 30231G102 5980 71300 SHARES X 2 71300 0 0
FASTENAL CO COMMON
STOCK 311900104 670 16000 SHARES X 2 16000 0 0
FED NATL MTG ASSN COM COMMON
STOCK 313586109 1274 19500 SHARES X 2 19500 0 0
FEDERAL REALTY INV COMMON
TR (REIT) STOCK 313747206 442 5719 SHARES X 2 5719 0 0
FEDEX CORP COM COMMON
STOCK 31428X106 227 2050 SHARES X 2 2050 0 0
FIDELITY NATIONAL COMMON
FINANCIAL--A STOCK 31620R105 34 1441 SHARES X 2 1441 0 0
FIFTH THIRD BANCORP COMMON
COM STOCK 316773100 3034 76281 SHARES X 2 76281 0 0
FIRST DATA COMMON
CORPORATION STOCK 319963104 215 15043 SHARES X 2 15043 0 0
FIRST MARBLEHEAD CORP COMMON
STOCK 320771108 2322 60250 SHARES X 2 60250 0 0
28 of 43
SEC USE _______________________________________
COLUMN 5
------------------------
COLUMN 6 COLUMN 8
SHARES INVESTMENT AUTHORITY VOTING AUTHORITY
COLUMN 2 COLUMN 4 OR SHARES PUT ---------------------- COLUMN 7 -------------------
COLUMN 1 TITLE OF COLUMN 3 VALUE PRINCIPAL OR OR SHARED - SHARED - OTHER
NAME OF ISSUER CLASS CUSIP (X $1,000) AMOUNT PRINCIPAL CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED OTHER
-------------- -------- --------- ---------- --------- --------- ---- ---- -------- -------- -------- ------ ------ -----
FIRSTENERGY CORP COM COMMON
STOCK 337932107 78 1200 SHARES X 2 1200 0 0
FISERV INCORPORATED COMMON
STOCK 337738108 3581 65531 SHARES X 2 65531 0 0
FLANDERS CORPORATION COMMON
STOCK 338494107 1764 226900 SHARES X 2 226900 0 0
FLORIDA EAST COAST COMMON
INDUSTRIES STOCK 340632108 50 600 SHARES X 2 600 0 0
FLOWERS FOODS INC COM COMMON
STOCK 343498101 158 4724 SHARES X 2 4724 0 0
FORD MOTOR COMPANY COMMON
STOCK 345370860 0 40 SHARES X 2 40 0 0
FOREST CITY COMMON
ENTERPRISES INC STOCK 345550107 61 1000 SHARES X 2 1000 0 0
FORTUNE BRANDS INC COMMON
STOCK 349631101 21 250 SHARES X 2 250 0 0
FREDDIE MAC--FHLM COMMON
STOCK 313400301 9889 167082 SHARES X 2 167082 0 0
GANNETT CO INC COMMON
STOCK 364730101 293 5332 SHARES X 2 5332 0 0
GAP INC COM COMMON
STOCK 364760108 103 5400 SHARES X 2 5400 0 0
GARMIN LIMITED ORD COMMON
STOCK G37260109 222 3000 SHARES X 2 3000 0 0
GENERAL AMERICAN COMMON
INVESTORS CO STOCK 368802104 557 17500 SHARES X 2 17500 0 0
GENERAL
COMMUNICATIONS INC COMMON
CLASS A STOCK 369385109 3 200 SHARES X 2 200 0 0
GENERAL DYNAMICS COMMON
CORP COM STOCK 369550108 16 200 SHARES X 2 200 0 0
GENERAL ELECTRIC COMMON
COMPANY STOCK 369604103 17400 454431 SHARES X 2 454431 0 0
GENERAL GROWTH PPTYS COMMON
INC STOCK 370021107 29 550 SHARES X 2 550 0 0
GENERAL MILLS INC COMMON
STOCK 370334104 117 2000 SHARES X 2 2000 0 0
GENESIS ENERGY LP COMMON
STOCK 371927104 70 2000 SHARES X 2 2000 0 0
GENUINE PARTS COMPANY COMMON
STOCK 372460105 1070 8201 SHARES X 2 8201 0 0
GENZYME CORP COM COMMON
STOCK 372917104 344 5344 SHARES X 2 5344 0 0
GLADSTONE CAPITAL COMMON
CORP STOCK 376535100 5476 257000 SHARES X 2 257000 0 0
GLADSTONE COMMERCIAL COMMON
CORP STOCK 376536108 3418 174406 SHARES X 2 174406 0 0
GLAXOSMITHKLINE PLC COMMON
ADR STOCK 37733W105 250 4782 SHARES X 2 4782 0 0
GLOBALSANTAFE CORP COMMON
STOCK G3930E101 43 600 SHARES X 2 600 0 0
GOLDMAN SACHS GROUP COMMON
INC COM STOCK 38141G104 228 1050 SHARES X 2 1050 0 0
GOOGLE INC CL A COMMON
STOCK 38259P508 12599 24104 SHARES X 2 24104 0 0
GRACO INC COM COMMON
STOCK 384109104 161 4000 SHARES X 2 4000 0 0
GREENBRIER COMPANIES COMMON
INC STOCK 393657101 592 19600 SHARES X 2 19600 0 0
GREENBRIER COS CONV CONV
2.375% 5/15/26 PFD
STOCK 393657AD3 443 500000 SHARES X 2 500000 0 0
HARTFORD FINANCIAL COMMON
SVCS GRP INC COM STOCK 416515104 142 1440 SHARES X 2 1440 0 0
HARVEST ENERGY COMMON
TRUST-UNITS STOCK 41752X101 56 1800 SHARES X 2 1800 0 0
HEALTH CARE PROPERTY COMMON
(REIT) STOCK 421915109 183 6316 SHARES X 2 6316 0 0
HEALTH CARE REIT INC COMMON
STOCK 42217K106 182 4500 SHARES X 2 4500 0 0
HEALTHCARE REALTY COMMON
TRUST INC (REIT) STOCK 421946104 183 6600 SHARES X 2 6600 0 0
HEALTHEXTRAS COMMON
INCORPORATED STOCK 422211102 74 2500 SHARES X 2 2500 0 0
HEALTHWAYS INC COMMON
STOCK 422245100 86 1820 SHARES X 2 1820 0 0
HEARTLAND PAYMENT COMMON
SYSTEMS INC STOCK 42235N108 109 3700 SHARES X 2 3700 0 0
HEINZ H J COMPANY COMMON
STOCK 423074103 549 14080 SHARES X 2 14080 0 0
HEWLETT PACKARD COMMON
COMPANY STOCK 428236103 3850 109904 SHARES X 2 109904 0 0
HILAND HOLDINGS GP LP COMMON
STOCK 43129M107 97 2700 SHARES X 2 2700 0 0
HILAND PARTNERS LP COMMON
STOCK 431291103 38 700 SHARES X 2 700 0 0
HILB ROGAL & HOBBS CO COMMON
STOCK 431294107 110 2576 SHARES X 2 2576 0 0
HOME DEPOT COMMON
INCORPORATED STOCK 437076102 3394 160800 SHARES X 2 160800 0 0
HOME PROPERTIES OF COMMON
NEW YORK INC STOCK 437306103 5934 114329 SHARES X 2 114329 0 0
HONEYWELL
INTERNATIONAL COMMON
INCORPORATED STOCK 438516106 1445 328559 SHARES X 2 328559 0 0
HOST HOTELS & COMMON
RESORTS INC STOCK 44107P104 300 12978 SHARES X 2 12978 0 0
HOUSTON WIRE & CABLE COMMON
CO STOCK 44244K109 114 4000 SHARES X 2 4000 0 0
HUMAN GENOME COMMON
SCIENCES INC STOCK 444903108 16 1840 SHARES X 2 1840 0 0
IDEXX CORP COMMON
STOCK 45168D104 189 2000 SHARES X 2 2000 0 0
ILLINOIS TOOL WORKS COMMON
INCORPORATED STOCK 452308109 1417 30230 SHARES X 2 30230 0 0
IMAGEWARE SYSTEMS INC COMMON
STOCK 45245S108 44 20000 SHARES X 2 20000 0 0
IMPERIAL OIL LTD COMMON
STOCK 453038408 139 3000 SHARES X 2 3000 0 0
INERGY HOLDINGS LP COMMON
STOCK 45661Q107 46 900 SHARES X 2 900 0 0
ING GROEP NV COMMON
SPONSORED ADR STOCK 456837103 23 525 SHARES X 2 525 0 0
INGERSOLL RAND COMMON
COMPANY CLASS A STOCK G4776G101 9605 175210 SHARES X 2 175210 0 0
INSURED MUNICIPAL COMMON
INCOME FD STOCK 45809F104 39 2964 SHARES X 2 2964 0 0
INTEL CORPORATION COMMON
STOCK 458140100 341 13990 SHARES X 2 13990 0 0
INTERACTIVE COMMON
INTELLIGENCE INC STOCK 45839M103 4 200 SHARES X 2 200 0 0
INTERDIGITAL COMMON
COMMUNICATIONS CORP STOCK 45866A105 3714 115450 SHARES X 2 115450 0 0
INTERNATIONAL
BUSINESS MACHINES COMMON
CORP STOCK 459200101 11702 113153 SHARES X 2 113153 0 0
INVESTORS FINANCIAL COMMON
SERVICES CORP STOCK 461915100 527 8527 SHARES X 2 8527 0 0
IOWA
TELECOMMUNICATIONS COMMON
SERVICES STOCK 462594201 49 2150 SHARES X 2 2150 0 0
IRON MTN INC PA COM COMMON
STOCK 462846106 196 7500 SHARES X 2 7500 0 0
ISHARES DJ US HOME COMMON
CONSTRUCT FD STOCK 464288752 962 125473 SHARES X 2 125473 0 0
ISHARES FTSE/XINHUA COMMON
CHINA 25 STOCK 464287184 799 6200 SHARES X 2 6200 0 0
ISHARES MSCI
AUSTRALIA INDEX COMMON
FUND STOCK 464286103 21 750 SHARES X 2 750 0 0
ISHARES MSCI AUSTRIA COMMON
INDEX FUND STOCK 464286202 20 500 SHARES X 2 500 0 0
ISHARES MSCI BELGIUM COMMON
INDEX FUND STOCK 464286301 19 700 SHARES X 2 700 0 0
ISHARES MSCI BRAZIL COMMON
INDEX FUND STOCK 464286400 24 383 SHARES X 2 383 0 0
ISHARES MSCI CANADA COMMON
INDEX FD STOCK 464286509 45 1500 SHARES X 2 1500 0 0
ISHARES MSCI EAFE COMMON
INDEX FD STOCK 464287465 2690 33310 SHARES X 2 33310 0 0
ISHARES MSCI
EMERGING MARKETS COMMON
INDEX STOCK 464287234 26 200 SHARES X 2 200 0 0
ISHARES MSCI GERMANY COMMON
INDEX FD STOCK 464286806 22 650 SHARES X 2 650 0 0
ISHARES MSCI COMMON
MALAYSIA INDEX FD STOCK 464286830 20 1700 SHARES X 2 1700 0 0
ISHARES MSCI MEXICO COMMON
INDEX FUND STOCK 464286822 22 350 SHARES X 2 350 0 0
ISHARES MSCI PACIFIC COMMON
EX-JAPAN INDEX STOCK 464286665 366 2500 SHARES X 2 2500 0 0
ISHARES MSCI COMMON
SINGAPORE INDEX FD STOCK 464286673 20 1500 SHARES X 2 1500 0 0
29 of 43
SEC USE _______________________________________
COLUMN 5
------------------------
COLUMN 6 COLUMN 8
SHARES INVESTMENT AUTHORITY VOTING AUTHORITY
COLUMN 2 COLUMN 4 OR SHARES PUT ---------------------- COLUMN 7 -------------------
COLUMN 1 TITLE OF COLUMN 3 VALUE PRINCIPAL OR OR SHARED - SHARED - OTHER
NAME OF ISSUER CLASS CUSIP (X $1,000) AMOUNT PRINCIPAL CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED OTHER
-------------- -------- --------- ---------- --------- --------- ---- ---- -------- -------- -------- ------ ------ -----
ISHARES MSCI SPAIN COMMON
INDEX FD STOCK 464286764 64 1100 SHARES X 2 1100 0 0
ISHARES MSCI SWEDEN COMMON
INDEX FUND STOCK 464286756 20 550 SHARES X 2 550 0 0
ISHARES RUSSELL MID COMMON
CAP GROWTH INDEX STOCK 464287481 136 1190 SHARES X 2 1190 0 0
ISHARES S&P 100 COMMON
INDEX FUND STOCK 464287101 144 2080 SHARES X 2 2080 0 0
ISHARES S&P EUROPE COMMON
350 INDEX FD STOCK 464287861 29 250 SHARES X 2 250 0 0
ISHARES S&P GLOBAL COMMON
ENERGY SECT STOCK 464287341 65 500 SHARES X 2 500 0 0
ISHARES S&P MIDCAP COMMON
400 BARRA GRWTH I STOCK 464287606 699 7750 SHARES X 2 7750 0 0
ISHARES S&P MIDCAP COMMON
400/BARRA VAL IND STOCK 464287705 415 4788 SHARES X 2 4788 0 0
ISHARES S&P SMALLCAP COMMON
600 INDEX FD STOCK 464287804 31 440 SHARES X 2 440 0 0
ISHARES S&P TOPIX COMMON
150 INDEX STOCK 464287382 19 150 SHARES X 2 150 0 0
ISHARES TRUST DOW COMMON
JONES STOCK 464287721 3997 80670 SHARES X 2 80670 0 0
ISTAR COMMON
STOCK 45031U101 8473 191145 SHARES X 2 191145 0 0
ITT CORP COMMON
STOCK 450911102 57 840 SHARES X 2 840 0 0
JDS UNIPHASE COMMON
CORPORATION STOCK 46612J507 262 19536 SHARES X 2 19536 0 0
JER INVESTORS TRUST COMMON
INC REIT STOCK 46614H301 3717 247800 SHARES X 2 247800 0 0
JETBLUE AIRWAYS COMMON
CORPORATION STOCK 477143101 10 843 SHARES X 2 843 0 0
JOHN HANCOCK BANK & COMMON
THRIFT OPP FD STOCK 409735107 15 1616 SHARES X 2 1616 0 0
JOHNSON & JOHNSON COMMON
STOCK 478160104 5187 84057 SHARES X 2 84057 0 0
JP MORGAN CHASE & COMMON
COMPANY STOCK 46625H100 16236 335118 SHARES X 2 335118 0 0
KELLOGG CO COM COMMON
STOCK 487836108 41 800 SHARES X 2 800 0 0
KEYCORP-NEW COMMON
STOCK 493267108 712 28938 SHARES X 2 28938 0 0
KIMBERLY CLARK CORP COMMON
STOCK 494368103 422 6316 SHARES X 2 6316 0 0
KIMCO REALTY CORP COMMON
(REIT) STOCK 49446R109 145 3800 SHARES X 2 3800 0 0
KINDER MORGAN ENERGY COMMON
PARTNERS L P STOCK 494550106 5551 103400 SHARES X 2 103400 0 0
KINDER MORGAN MGMT COMMON
LLC STOCK 49455U100 4936 95106 SHARES X 2 95106 0 0
KING PHARMACEUTICALS COMMON
INC COM STOCK 495582108 22 1066 SHARES X 2 1066 0 0
KKR FINANCIAL COMMON
HOLDINGS LLC STOCK 48248A306 8917 357950 SHARES X 2 357950 0 0
KNOLOGY INC COMMON
STOCK 499183804 445 25642 SHARES X 2 25642 0 0
KONINKLIJKE PHILIPS COMMON
ELEC N V NY SHR STOCK 500472303 42 1000 SHARES X 2 1000 0 0
KRAFT FOODS INC CL A COMMON
STOCK 50075N104 351 9957 SHARES X 2 9957 0 0
LABORATORY
CORPORATION OF COMMON
AMER HLDGS STOCK 50540R409 13383 171005 SHARES X 2 171005 0 0
LASERCARD CORP COMMON
STOCK 51807U101 5 500 SHARES X 2 500 0 0
LEHMAN BROTHERS COMMON
HLDGS INC COM STOCK 524908100 15 200 SHARES X 2 200 0 0
LEVEL 3
COMMUNICATIONS COMMON
INCORPORATED STOCK 52729N100 228 39000 SHARES X 2 39000 0 0
LIBERTY MEDIA HLDG COMMON
CORP--CAP SER A STOCK 53071M302 17 145 SHARES X 2 145 0 0
LIBERTY MEDIA HLDG COMMON
CORP-- INTERACT A STOCK 53071M104 16 725 SHARES X 2 725 0 0
LIBERTY PROPERTY COMMON
TRUST (REIT) STOCK 531172104 44 1000 SHARES X 2 1000 0 0
LILLY ELI & CO COMMON
STOCK 532457108 507 9079 SHARES X 2 9079 0 0
LINCOLN NATIONAL COMMON
CORPORATION STOCK 534187109 2958 40774 SHARES X 2 40774 0 0
LOCKHEED MARTIN COMMON
CORPORATION COM STOCK 539830109 1111 11798 SHARES X 2 11798 0 0
LOEWS CORP COM COMMON
STOCK 540424108 184 3600 SHARES X 2 3600 0 0
LUMINENT MORTGAGE COMMON
CAPITAL INC STOCK 550278303 58 5700 SHARES X 2 5700 0 0
M & T BANK CORP COMMON
STOCK 55261F104 321 3000 SHARES X 2 3000 0 0
MAGELAN MIDSTREAM COMMON
PARTNERS LP STOCK 559080106 2323 52500 SHARES X 2 52500 0 0
MAGELLAN MIDSTREAM COMMON
HOLDINGS STOCK 55907R108 45 1500 SHARES X 2 1500 0 0
MAGUIRE PROPERTIES COMMON
INC STOCK 559775101 137 4000 SHARES X 2 4000 0 0
MANOR CARE INC COM COMMON
STOCK 564055101 264 4042 SHARES X 2 4042 0 0
MANULIFE FINANCIAL COMMON
CORP STOCK 56501R106 955 25600 SHARES X 2 25600 0 0
MARATHON OIL CORP COMMON
STOCK 565849106 40 660 SHARES X 2 660 0 0
MARKEL CORP COM COMMON
STOCK 570535104 286 590 SHARES X 2 590 0 0
MARKWEST ENERGY COMMON
PARTNERS LP STOCK 570759100 38 1100 SHARES X 2 1100 0 0
MARRIOTT INTL INC CL COMMON
A STOCK 571903202 1389 32120 SHARES X 2 32120 0 0
MARSH & MCLENNAN COS COMMON
INC COM STOCK 571748102 31 1000 SHARES X 2 1000 0 0
MARTIN MARIETTA COMMON
MATERIALS INC STOCK 573284106 81 500 SHARES X 2 500 0 0
MASTERCARD INC CL A COMMON
STOCK 57636Q104 25 150 SHARES X 2 150 0 0
MBIA INC COM COMMON
STOCK 55262C100 78 1250 SHARES X 2 1250 0 0
MC GRAW HILL COMMON
COMPANIES INC STOCK 580645109 102 1500 SHARES X 2 1500 0 0
MCDONALD'S COMMON
CORPORATION STOCK 580135101 15 300 SHARES X 2 300 0 0
MEADOW VALLEY COMMON
CORPORATION STOCK 583185103 313 22220 SHARES X 2 22220 0 0
MEDCO HEALTH COMMON
SOLUTIONS INC STOCK 58405U102 94 1206 SHARES X 2 1206 0 0
MEDICIS
PHARMACEUTICAL COMMON
CORP CL A NEW STOCK 584690309 24 800 SHARES X 2 800 0 0
MEDTRONIC COMMON
INCORPORATED STOCK 585055106 13169 265798 SHARES X 2 265798 0 0
MERCK & CO INC COM COMMON
STOCK 589331107 798 16028 SHARES X 2 16028 0 0
MERRILL LYNCH &
COMPANY COMMON
INCORPORATED STOCK 590188108 1853 22200 SHARES X 2 22200 0 0
METLIFE CAP TR I COMMON
STOCK 59156R108 23 350 SHARES X 2 350 0 0
MICROSOFT CORPORATION COMMON
STOCK 594918104 284 8510 SHARES X 2 8510 0 0
MICROSTRATEGY INC COMMON
STOCK 594972408 694 15550 SHARES X 2 15550 0 0
MID-AMERICA
APARTMENT COMMON
COMMUNITIES STOCK 59522J103 79 1500 SHARES X 2 1500 0 0
MIDCAP SPDR TRUST COMMON
SERIES 1 S&P 400 STOCK 595635103 216 1325 SHARES X 2 1325 0 0
MILLENNIUM COMMON
PHARMACEUTICALS COM STOCK 599902103 11 1072 SHARES X 2 1072 0 0
MONOGRAM BIOSCIENCES COMMON
INC STOCK 60975U108 8 5000 SHARES X 2 5000 0 0
MOTOROLA INC COMMON
STOCK 620076109 372 21000 SHARES X 2 21000 0 0
MRV COMMUNICATIONS COMMON
INC STOCK 553477100 2 645 SHARES X 2 645 0 0
MURPHY OIL CORP COMMON
STOCK 626717102 48 800 SHARES X 2 800 0 0
NATIONAL CITY CORP COMMON
COM STOCK 635405103 353 10600 SHARES X 2 10600 0 0
NATIONWIDE HEALTH COMMON
PROPERTIES (REIT) STOCK 638620104 54 2000 SHARES X 2 2000 0 0
NATURAL RESOURCE COMMON
PARTNERS L P STOCK 63900P103 951 25000 SHARES X 2 25000 0 0
NEENAH PAPER INC COMMON
STOCK 640079109 0 9 SHARES X 2 9 0 0
30 of 43
SEC USE _______________________________________
COLUMN 5
------------------------
COLUMN 6 COLUMN 8
SHARES INVESTMENT AUTHORITY VOTING AUTHORITY
COLUMN 2 COLUMN 4 OR SHARES PUT ---------------------- COLUMN 7 -------------------
COLUMN 1 TITLE OF COLUMN 3 VALUE PRINCIPAL OR OR SHARED - SHARED - OTHER
NAME OF ISSUER CLASS CUSIP (X $1,000) AMOUNT PRINCIPAL CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED OTHER
-------------- -------- --------- ---------- --------- --------- ---- ---- -------- -------- -------- ------ ------ -----
NORFOLK SOUTHERN CORP COMMON
STOCK 655844108 11 200 SHARES X 2 200 0 0
NOVO-NORDISK A/S COMMON
SPONS ADR STOCK 670100205 271 2500 SHARES X 2 2500 0 0
NU SKIN ENTERPRISES COMMON
INC STOCK 67018T105 13 800 SHARES X 2 800 0 0
NUSTAR GP HOLDINGS COMMON
LLC STOCK 67059L102 57 1500 SHARES X 2 1500 0 0
NUVEEN INSD MUNI COMMON
OPPORTUNITY STOCK 670984103 7 500 SHARES X 2 500 0 0
NUVEEN INSD QUALITY COMMON
MUN FD STOCK 67062N103 11 760 SHARES X 2 760 0 0
NUVEEN INSURED PREM COMMON
INC MUNI FD II STOCK 6706D8104 40 3100 SHARES X 2 3100 0 0
NUVEEN INVESTMENTS COMMON
INC STOCK 67090F106 963 15500 SHARES X 2 15500 0 0
NUVEEN MARYLAND PREM COMMON
INC MUN FD STOCK 67061Q107 36 2600 SHARES X 2 2600 0 0
NUVEEN MD DIV COMMON
ADVANTAGE MUN FD 2 STOCK 67070V105 15 1000 SHARES X 2 1000 0 0
NUVEEN PREMIER INSD COMMON
MUNI INC FD STOCK 670987106 15 1050 SHARES X 2 1050 0 0
NUVEEN SELECT COMMON
QUALITY MUN FD STOCK 670973106 7 450 SHARES X 2 450 0 0
NUVEEN VA DVD ADV COMMON
MUNI BOND FUND STOCK 67069M108 10 625 SHARES X 2 625 0 0
NUVEEN VA DVD ADV COMMON
MUNI FD 2 STOCK 67071C106 10 650 SHARES X 2 650 0 0
NYSE EURONEXT COMMON
STOCK 629491101 29 400 SHARES X 2 400 0 0
OCCIDENTAL PETROLEUM COMMON
CORPORATION STOCK 674599105 493 10480 SHARES X 2 10480 0 0
ONEOK PARTNERS LP COMMON
STOCK 68268N103 41 600 SHARES X 2 600 0 0
ORACLE CORPORATION COMMON
STOCK 68389X105 1009 51166 SHARES X 2 51166 0 0
O'REILLY AUTOMOTIVE COMMON
INC COM STOCK 686091109 475 13000 SHARES X 2 13000 0 0
PACCAR INC COMMON
STOCK 693718108 409 4700 SHARES X 2 4700 0 0
PALATIN TECHNOLOGIES COMMON
INC STOCK 696077304 10 5000 SHARES X 2 5000 0 0
PARKWAY PROPERTIES COMMON
INCORPORATED STOCK 70159Q104 72 1500 SHARES X 2 1500 0 0
PAYCHEX INC COM COMMON
STOCK 704326107 303 7750 SHARES X 2 7750 0 0
PENGROWTH ENERGY COMMON
TRUST STOCK 706902509 44 2300 SHARES X 2 2300 0 0
PENN ESTATE INV TR COMMON
(REIT) STOCK 709102107 49 1100 SHARES X 2 1100 0 0
PENN VIRGINIA GP COMMON
HOLDINGS LP STOCK 70788P105 53 1700 SHARES X 2 1700 0 0
PENNEY JC CO INC COMMON
STOCK 708160106 72 1000 SHARES X 2 1000 0 0
PENNWEST ENERGY TRUST COMMON
STOCK 707885109 43 1300 SHARES X 2 1300 0 0
PEOPLES UNITED COMMON
FINANCIAL INC STOCK 712704105 126 7084 SHARES X 2 7084 0 0
PEPCO HOLDINGS INC COMMON
STOCK 713291102 103 3655 SHARES X 2 3655 0 0
PEPSICO INCORPORATED COMMON
STOCK 713448108 4180 63009 SHARES X 2 63009 0 0
PETROLEO BRASILEIRO COMMON
SA ADR STOCK 71654V101 23 220 SHARES X 2 220 0 0
PFIZER INCORPORATED COMMON
STOCK 717081103 5836 224811 SHARES X 2 224811 0 0
PHOENIX COS INC COM COMMON
STOCK 71902E109 27 1798 SHARES X 2 1798 0 0
PIMCO MUNICIPAL COMMON
INCOME FUND STOCK 72200R107 16 1000 SHARES X 2 1000 0 0
PITNEY BOWES INC COM COMMON
STOCK 724479100 117 2500 SHARES X 2 2500 0 0
PLAINS ALL AMERICAN COMMON
PIPELINE L P STOCK 726503105 7853 123201 SHARES X 2 123201 0 0
PLUM CREEK TIMBER CO COMMON
INC STOCK 729251108 73 1750 SHARES X 2 1750 0 0
PNC FINANCIAL COMMON
SERVICES GROUP INC STOCK 693475105 1098 15344 SHARES X 2 15344 0 0
POOL CORP COMMON
STOCK 73278L105 117 3000 SHARES X 2 3000 0 0
POWERSHARES QQQ COMMON
STOCK 73935A104 274 5752 SHARES X 2 5752 0 0
PRAXAIR INC COM COMMON
STOCK 74005P104 490 6800 SHARES X 2 6800 0 0
PRECISION DRILLING COMMON
CORP-US$ STOCK 740215108 42 1700 SHARES X 2 1700 0 0
PRIMEWEST ENERGY COMMON
TRUST STOCK 741930309 42 2000 SHARES X 2 2000 0 0
PROCTER & GAMBLE COMMON
CORPORATION STOCK 742718109 17526 286825 SHARES X 2 286825 0 0
PROLOGIS (REIT) COMMON
STOCK 743410102 96 1688 SHARES X 2 1688 0 0
PROVIDENT ENERGY COMMON
TRUST UNITS STOCK 74386K104 40 3400 SHARES X 2 3400 0 0
PSS WORLD MED INC COM COMMON
STOCK 69366A100 91 5000 SHARES X 2 5000 0 0
PULTE HOMES INC COM COMMON
STOCK 745867101 112 5000 SHARES X 2 5000 0 0
QUALCOMM INC COM COMMON
STOCK 747525103 304 7000 SHARES X 2 7000 0 0
QUEST DIAGNOSTICS INC COMMON
STOCK 74834L100 93 1800 SHARES X 2 1800 0 0
QWEST COMMUNICATIONS COMMON
INTERNATIONAL STOCK 749121109 4471 179732 SHARES X 2 179732 0 0
RAINING DATA COMMON
CORPORATION STOCK 75087R108 231 70000 SHARES X 2 70000 0 0
RAYONIER INCORPORATED COMMON
STOCK 754907103 2226 51600 SHARES X 2 51600 0 0
REALTY INCOME CORP COMMON
STOCK 756109104 151 6000 SHARES X 2 6000 0 0
RED HAT INC COM COMMON
STOCK 756577102 11 500 SHARES X 2 500 0 0
REDWOOD TRUST COMMON
INC-REIT STOCK 758075402 48 1000 SHARES X 2 1000 0 0
REGENERX
BIOPHARMACEUTICALS COMMON
INC STOCK 75886X108 24 11400 SHARES X 2 11400 0 0
REGIONS FINANCIAL COMMON
CORP STOCK 7591EP100 5 164 SHARES X 2 164 0 0
RESEARCH IN MOTION COMMON
LIMITED STOCK 760975102 11699 58500 SHARES X 2 58500 0 0
ROCKWELL AUTOMATION COMMON
INC. STOCK 773903109 113 1632 SHARES X 2 1632 0 0
ROCKWELL COLLINS COM COMMON
STOCK 774341101 115 1632 SHARES X 2 1632 0 0
ROYAL BK CANADA COMMON
STOCK 780087102 42 800 SHARES X 2 800 0 0
ROYAL DUTCH SHELL COMMON
PLC-ADR A STOCK 780259206 407 5014 SHARES X 2 5014 0 0
ROYAL DUTCH SHELL COMMON
PLC-ADR B STOCK 780259107 67 800 SHARES X 2 800 0 0
RPM INCORPORATED OHIO COMMON
STOCK 749685103 443 20700 SHARES X 2 20700 0 0
RYLAND GROUP INC COMMON
STOCK 783764103 41 1100 SHARES X 2 1100 0 0
SAP AG SPONS ADR COMMON
STOCK 803054204 13 250 SHARES X 2 250 0 0
SAUL CENTERS COMMON
INCORPORATED STOCK 804395101 113 2500 SHARES X 2 2500 0 0
SCHERING PLOUGH CORP COMMON
STOCK 806605101 645 21200 SHARES X 2 21200 0 0
SCHLUMBERGER LTD COMMON
STOCK 806857108 3118 36706 SHARES X 2 36706 0 0
SCOLR PHARMA INC COMMON
STOCK 78402X107 45 20000 SHARES X 2 20000 0 0
SEMICONDUCTOR MFG COMMON
INTL CORP-ADR STOCK 81663N206 7 1000 SHARES X 2 1000 0 0
SERVICE CORPORATION COMMON
INTL STOCK 817565104 93 7300 SHARES X 2 7300 0 0
SIMON PROPERTY GROUP COMMON
INCORPORATED STOCK 828806109 1380 14825 SHARES X 2 14825 0 0
SIRIUS SATELLITE COMMON
RADIO INC COM STOCK 82966U103 59 19500 SHARES X 2 19500 0 0
SIX FLAGS INC COMMON
STOCK 83001P109 24 4000 SHARES X 2 4000 0 0
SLM CORP. COMMON
STOCK 78442P106 10158 176425 SHARES X 2 176425 0 0
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COLUMN 5
------------------------
COLUMN 6 COLUMN 8
SHARES INVESTMENT AUTHORITY VOTING AUTHORITY
COLUMN 2 COLUMN 4 OR SHARES PUT ---------------------- COLUMN 7 --------------------
COLUMN 1 TITLE OF COLUMN 3 VALUE PRINCIPAL OR OR SHARED - SHARED - OTHER
NAME OF ISSUER CLASS CUSIP (X $1,000) AMOUNT PRINCIPAL CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED OTHER
-------------- -------- --------- ---------- --------- --------- ---- ---- -------- -------- -------- ------- ------ -----
SMITHFIELD FOODS INC COMMON
STOCK 832248108 28 900 SHARES X 2 900 0 0
SOLECTRON CORPORATION COMMON
STOCK 834182107 10 10 SHARES X 2 10 0 0
SOUTHERN CO COM COMMON
STOCK 842587107 103 3003 SHARES X 2 3003 0 0
SPRINT CORPORATION COMMON
FON GROUP STOCK 852061100 1651 79293 SHARES X 2 79293 0 0
SRA INTERNATIONAL COMMON
INCORPORATED CL A STOCK 78464R105 88 3500 SHARES X 2 3500 0 0
ST JOE COMPANY COMMON
STOCK 790148100 4206 91333 SHARES X 2 91333 0 0
ST MARY LAND & COMMON
EXPLORATION COMPANY STOCK 792228108 220 6000 SHARES X 2 6000 0 0
STANDARD & POORS DEP COMMON
RCPTS UT SER 1 STOCK 78462F103 877 5830 SHARES X 2 5830 0 0
STAPLES INC COM COMMON
STOCK 855030102 494 20800 SHARES X 2 20800 0 0
STARBUCKS CORPORATION COMMON
STOCK 855244109 2662 101405 SHARES X 2 101405 0 0
STATE STREET CORP COMMON
STOCK 857477103 616 9000 SHARES X 2 9000 0 0
STEMCELLS COMMON
INCORPORATED STOCK 85857R105 2 1000 SHARES X 2 1000 0 0
STERICYCLE INC COM COMMON
STOCK 858912108 18 400 SHARES X 2 400 0 0
STIFEL FINANCIAL COMMON
CORPORATION STOCK 860630102 10 176 SHARES X 2 176 0 0
STORM CAT ENERGY CORP COMMON
STOCK 862168101 23 20000 SHARES X 2 20000 0 0
STRYKER CORP COM COMMON
STOCK 863667101 4377 69375 SHARES X 2 69375 0 0
SUBURBAN PROPANE COMMON
PARTNERS LP LIMITED STOCK 864482104 48 1000 SHARES X 2 1000 0 0
SUN MICROSYSTEMS COMMON
INCORPORATED STOCK 866810104 42 7710 SHARES X 2 7710 0 0
SUNCOR ENERGY INC COMMON
STOCK 867229106 27 300 SHARES X 2 300 0 0
SUNOCO LOGISTICS COMMON
PARTNERS LP STOCK 86764L108 907 15100 SHARES X 2 15100 0 0
SUNRISE ASSISTED COMMON
LIVING INCORPORATED STOCK 86768K106 8718 217997 SHARES X 2 217997 0 0
SUNTRUST BANKS INC COMMON
STOCK 867914103 1094 12764 SHARES X 2 12764 0 0
SYSCO CORPORATION COMMON
STOCK 871829107 3643 113200 SHARES X 2 113200 0 0
T. ROWE PRICE GROUP COMMON
INCORPORATED STOCK 74144T108 820 15800 SHARES X 2 15800 0 0
TARGET CORP COMMON
STOCK 87612E106 1075 16900 SHARES X 2 16900 0 0
TECHNE CORP COMMON
STOCK 878377100 556 9723 SHARES X 2 9723 0 0
TECHTARGET COMMON
STOCK 87874R100 26 2000 SHARES X 2 2000 0 0
TELEFLEX INC COM COMMON
STOCK 879369106 204 2500 SHARES X 2 2500 0 0
TELEFONICA S A COMMON
SPONSORED ADR STOCK 879382208 37 555 SHARES X 2 555 0 0
TEMPLE INLAND INC COMMON
STOCK 879868107 49 800 SHARES X 2 800 0 0
TEPPCO PARTNERS COMMON
LIMITED PARTNERSHIP STOCK 872384102 3084 70000 SHARES X 2 70000 0 0
TEVA PHARMACEUTICAL COMMON
SPONS ADR STOCK 881624209 41 1000 SHARES X 2 1000 0 0
TEXAS INSTRUMENTS COMMON
INCORPORATED STOCK 882508104 1026 27400 SHARES X 2 27400 0 0
THE CHEESECAKE COMMON
FACTORY STOCK 163072101 25 1012 SHARES X 2 1012 0 0
THE HERSHEY COMPANY COMMON
STOCK 427866108 40 800 SHARES X 2 800 0 0
THE PMI GROUP INC COMMON
STOCK 69344M101 125 2800 SHARES X 2 2800 0 0
THE SCOTTS
MIRACLE-GRO COMMON
COMPANY CL A STOCK 810186106 150 3500 SHARES X 2 3500 0 0
THE TRAVELERS COMMON
COMPANIES INC STOCK 89417E109 800 14944 SHARES X 2 14944 0 0
THERMO FISHER COMMON
SCIENTIFIC INC STOCK 883556102 103 2000 SHARES X 2 2000 0 0
THORNBURG MTG INC COMMON
(REIT) STOCK 885218107 52 2000 SHARES X 2 2000 0 0
TIFFANY & CO COMMON
STOCK 886547108 1220 23000 SHARES X 2 23000 0 0
TIME WARNER INC COMMON
STOCK 887317105 10989 1056275 SHARES X 2 1056275 0 0
TOLL BROS INC COMMON
STOCK 889478103 134 5350 SHARES X 2 5350 0 0
TRACTOR SUPPLY COMMON
COMPANY STOCK 892356106 208 4000 SHARES X 2 4000 0 0
TRANSMONTAIGNE COMMON
PARTNERS LP STOCK 89376V100 42 1200 SHARES X 2 1200 0 0
TRANSOCEAN INC COMMON
STOCK G90078109 329 3100 SHARES X 2 3100 0 0
TRIMBLE NAV LTD COM COMMON
STOCK 896239100 225 7000 SHARES X 2 7000 0 0
TYCO INTERNATIONAL COMMON
LIMITED NEW STOCK 902124106 6949 207050 SHARES X 2 207050 0 0
TYLER TECHNOLOGIES COMMON
INC STOCK 902252105 2243 197814 SHARES X 2 197814 0 0
UAL CORPORATION COMMON
STOCK 902549807 8 193 SHARES X 2 193 0 0
UNDER ARMOUR COMMON
INC-CLASS A STOCK 904311107 100 2200 SHARES X 2 2200 0 0
UNION PACIFIC CORP COMMON
COM STOCK 907818108 945 8207 SHARES X 2 8207 0 0
UNITED BANKSHARES INC COMMON
STOCK 909907107 26 824 SHARES X 2 824 0 0
UNITED PARCEL COMMON
SERVICE INC CLASS B STOCK 911312106 11323 159599 SHARES X 2 159599 0 0
UNITED TECHNOLOGIES COMMON
CORPORATION STOCK 913017109 2302 33610 SHARES X 2 33610 0 0
UNITEDHEALTH GROUP COMMON
INC. STOCK 91324P102 14692 287287 SHARES X 2 287287 0 0
UNIVERSAL DISPLAY COMMON
CORP STOCK 91347P105 8 500 SHARES X 2 500 0 0
UNUMPROVIDENT COMMON
CORPORATION STOCK 91529Y106 3012 115373 SHARES X 2 115373 0 0
URANIUM RESOURCES INC COMMON
STOCK 916901507 276 25000 SHARES X 2 25000 0 0
US BANCORP NEW COMMON
STOCK 902973304 338 10100 SHARES X 2 10100 0 0
UTI WORLDWIDE INC COMMON
STOCK G87210103 107 4000 SHARES X 2 4000 0 0
VARIAN MEDICAL SYS COMMON
INC COM STOCK 92220P105 43 1000 SHARES X 2 1000 0 0
VERIFONE HOLDINGS INC COMMON
STOCK 92342Y109 35 1000 SHARES X 2 1000 0 0
VERIGY LTD COMMON
STOCK Y93691106 8 280 SHARES X 2 280 0 0
VERIZON COMMON
COMMUNICATIONS STOCK 92343V104 11158 271032 SHARES X 2 271032 0 0
VIACOM INC-CLASS B COMMON
STOCK 92553P201 35 831 SHARES X 2 831 0 0
VITAL IMAGES INC COMMON
STOCK 92846N104 41 1500 SHARES X 2 1500 0 0
VODAFONE GROUP COMMON
PLC--SP ADR STOCK 92857W209 268 7964 SHARES X 2 7964 0 0
VORNADO REALTY TRUST COMMON
STOCK 929042109 117 2800 SHARES X 2 2800 0 0
W W GRAINGER INC COM COMMON
STOCK 384802104 93 1000 SHARES X 2 1000 0 0
WACHOVIA CORPORATION COMMON
NEW STOCK 929903102 2560 53835 SHARES X 2 53835 0 0
WAL MART STORES INC COMMON
COM STOCK 931142103 443 9216 SHARES X 2 9216 0 0
WALGREEN CO COMMON
STOCK 931422109 87 2000 SHARES X 2 2000 0 0
WASHINGTON MUTUAL COMMON
INCORPORATED STOCK 939322103 3423 195477 SHARES X 2 195477 0 0
WASHINGTON POST CO COMMON
CL B STOCK 939640108 582 750 SHARES X 2 750 0 0
WEINGARTEN REALTY COMMON
INVESTORS STOCK 948741103 4544 110570 SHARES X 2 110570 0 0
WELLS FARGO & COMMON
COMPANY NEW STOCK 949746101 9829 279360 SHARES X 2 279360 0 0
WESTERN ASSET
MANAGED MUNICIPALS COMMON
FD STOCK 95766M105 254 22791 SHARES X 2 22791 0 0
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SEC USE _______________________________________
COLUMN 5
------------------------
COLUMN 6 COLUMN 8
SHARES INVESTMENT AUTHORITY VOTING AUTHORITY
COLUMN 2 COLUMN 4 OR SHARES PUT ---------------------- COLUMN 7 -------------------
COLUMN 1 TITLE OF COLUMN 3 VALUE PRINCIPAL OR OR SHARED - SHARED - OTHER
NAME OF ISSUER CLASS CUSIP (X $1,000) AMOUNT PRINCIPAL CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED OTHER
-------------- -------- --------- ---------- --------- --------- ---- ---- -------- -------- -------- ------ ------ -----
WESTERN ASSET/
CLAYMORE US TREAS COMMON
INFL STOCK 95766R104 46 4000 SHARES X 2 4000 0 0
WGL HLDGS INC COM COMMON
STOCK 92924F106 59 1796 SHARES X 2 1796 0 0
WHITE MOUNTAINS COMMON
INSURANCE GROUP LTD STOCK G9618E107 303 500 SHARES X 2 500 0 0
WHOLE FOODS MARKET COMMON
INCORPORATED STOCK 966837106 424 8470 SHARES X 2 8470 0 0
WILLIAMS COMPANIES COMMON
INCORPORATED STOCK 969457100 84 301 SHARES X 2 301 0 0
WILLIAMS PARTNERS LP COMMON
STOCK 96950F104 43 900 SHARES X 2 900 0 0
WRIGLEY WM JR CO COMMON
STOCK 982526105 985 17808 SHARES X 2 17808 0 0
WYETH COMMON
STOCK 983024100 1925 28826 SHARES X 2 28826 0 0
XM SATELLITE RADIO COMMON
HLDGS INC CL A STOCK 983759101 32 1 SHARES X 2 1 0 0
YAHOO INC COM COMMON
STOCK 984332106 163 6000 SHARES X 2 6000 0 0
YUM! BRANDS INC COMMON
STOCK 988498101 1066 32580 SHARES X 2 32580 0 0
ZENITH NATIONAL COMMON
INSURANCE CORP STOCK 989390109 66 1400 SHARES X 2 1400 0 0
ZIMMER HOLDINGS COMMON
INCORPORATED STOCK 98956P102 6156 72523 SHARES X 2 72523 0 0
3M CO COMMON
STOCK 88579Y101 5284 60885 SHARES X 3 59019 0 1866
A C MOORE ARTS&CRAFT COMMON
STOCK 00086T103 822 41900 SHARES X 3 41900 0 0
ABBOTT LABORATORIES COMMON
STOCK 002824100 3760 70200 SHARES X 3 65610 0 4590
ABERCROMBIE & FITCH COMMON
STOCK 002896207 1230 16850 SHARES X 3 16850 0 0
ABM INDUSTRIES COMMON
INCORPORATED STOCK 000957100 16 630 SHARES X 3 630 0 0
ACCENTURE LTD-CL A COMMON
STOCK G1150G111 43 1010 SHARES X 3 1010 0 0
ACE LIMITED COMMON
STOCK G0070K103 175 2800 SHARES X 3 2800 0 0
ACTIVISION INC COMMON
STOCK 004930202 1769 94800 SHARES X 3 94800 0 0
ACUITY BRANDS INC COMMON
STOCK 00508Y102 21 350 SHARES X 3 350 0 0
ADC TELECOMMUNICATNS COMMON
STOCK 000886309 4 200 SHARES X 3 200 0 0
ADOBE SYSTEMS INC COMMON
STOCK 00724F101 201 5000 SHARES X 3 5000 0 0
ADTRAN INC COMMON
STOCK 00738A106 2031 78200 SHARES X 3 78200 0 0
ADV MICRO DEVICES COMMON
STOCK 007903107 622 43530 SHARES X 3 43530 0 0
AECOM TECHNOLOGY COMMON
STOCK 00766T100 1836 74000 SHARES X 3 74000 0 0
AEROPOSTALE INC COMMON
STOCK 007865108 984 23600 SHARES X 3 23600 0 0
AES CORP COMMON
STOCK 00130H105 127 5800 SHARES X 3 5800 0 0
AETNA INC COMMON
STOCK 00817Y108 282 5720 SHARES X 3 5720 0 0
AFFILIATED COMP SVCS COMMON
STOCK 008190100 51 900 SHARES X 3 900 0 0
AFFILIATED MANAGE GR COMMON
STOCK 008252108 3026 23500 SHARES X 3 23500 0 0
AFLAC INC COMMON
STOCK 001055102 215 4175 SHARES X 3 4175 0 0
AGCO CORP COMMON
STOCK 001084102 1493 34400 SHARES X 3 34400 0 0
AGILENT TECHN INC COMMON
STOCK 00846U101 132 3430 SHARES X 3 3430 0 0
AGL RESOURCES INC COM COMMON
STOCK 001204106 57 1400 SHARES X 3 1400 0 0
AIR PRODS & CHEMS COMMON
STOCK 009158106 145 1800 SHARES X 3 1800 0 0
AKAMAI TECH INC COMMON
STOCK 00971T101 1922 39515 SHARES X 3 39515 0 0
ALBERTO-CULVER COMMON
COMPANY STOCK 013078100 26 1100 SHARES X 3 1100 0 0
ALCOA INC COMMON
STOCK 013817101 309 7612 SHARES X 3 7612 0 0
ALKERMES INC COMMON
STOCK 01642T108 466 31900 SHARES X 3 31900 0 0
ALLEGHENY ENERGY INC COMMON
STOCK 017361106 72 1400 SHARES X 3 1400 0 0
ALLEGHENY TECH INC COMMON
STOCK 01741R102 89 850 SHARES X 3 850 0 0
ALLERGAN INC COMMON
STOCK 018490102 147 2550 SHARES X 3 2550 0 0
ALLIED CAPITAL CORP COMMON
NEW COM STOCK 01903Q108 22 700 SHARES X 3 700 0 0
ALLIED WASTE IND COMMON
STOCK 019589308 46 3400 SHARES X 3 3400 0 0
ALLSCRIPTS HEALTHCAR COMMON
STOCK 01988P108 6584 258409 SHARES X 3 257994 0 415
ALLSTATE CORP COMMON
STOCK 020002101 367 5953 SHARES X 3 5953 0 0
ALLTEL CORP COMMON
STOCK 020039103 216 3200 SHARES X 3 2750 0 450
ALPHA NATURAL RES COMMON
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AMERICAN EXPRESS CO COMMON
STOCK 025816109 1762 28817 SHARES X 3 28817 0 0
AMERICAN
INTERNATIONAL COMMON
GROUP I STOCK 026874107 11598 165626 SHARES X 3 162309 0 3317
AMERICAN STANDARD CO COMMON
STOCK 029712106 88 1500 SHARES X 3 1500 0 0
AMERIPRISE FINANCIAL COMMON
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AMGEN INC COMMON
STOCK 031162100 3586 64855 SHARES X 3 59763 0 5092
ANADARKO PETE COMMON
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STOCK 03475V101 1317 73100 SHARES X 3 73100 0 0
ANHEUSER BUSCH COS COMMON
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ANSOFT CORPORATION COMMON
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AQUA AMERICA INC COMMON
STOCK 03836W103 112 5000 SHARES X 3 5000 0 0
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COLUMN 5
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COLUMN 6 COLUMN 8
SHARES INVESTMENT AUTHORITY VOTING AUTHORITY
COLUMN 2 COLUMN 4 OR SHARES PUT ---------------------- COLUMN 7 -------------------
COLUMN 1 TITLE OF COLUMN 3 VALUE PRINCIPAL OR OR SHARED - SHARED - OTHER
NAME OF ISSUER CLASS CUSIP (X $1,000) AMOUNT PRINCIPAL CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED OTHER
-------------- -------- --------- ---------- --------- --------- ---- ---- -------- -------- -------- ------ ------ -----
ARCHER DANIELS COMMON
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ARCHSTONE SMITH TR REIT 039583109 106 1800 SHARES X 3 1800 0 0
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ASHLAND INC COMMON
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ASTORIA FINL CORP COMMON
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AT&T INC COMMON
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AUTODESK COM COMMON
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AUTOMATIC DATA PROC COMMON
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AUTONATION INC COMMON
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AUTOZONE INC COMMON
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BARD C R INC COMMON
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BEAR STEARNS COS INC COMMON
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BED BATH & BEYOND COMMON
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STOCK 156708109 522 6500 SHARES X 3 6500 0 0
CERNER CORP COMMON
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COLUMN 5
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COLUMN 6 COLUMN 8
SHARES INVESTMENT AUTHORITY VOTING AUTHORITY
COLUMN 2 COLUMN 4 OR SHARES PUT ---------------------- COLUMN 7 -------------------
COLUMN 1 TITLE OF COLUMN 3 VALUE PRINCIPAL OR OR SHARED - SHARED - OTHER
NAME OF ISSUER CLASS CUSIP (X $1,000) AMOUNT PRINCIPAL CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED OTHER
-------------- -------- --------- ---------- --------- --------- ---- ---- -------- -------- -------- ------ ------ -----
CHECKFREE CORP COMMON
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CHICOS FAS INC COMMON
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CHILDRENS PL RETL ST COMMON
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CHINA MOBILE LTD COMMON
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CIENA CORPORATION COMMON
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CIGNA CORP COMMON
STOCK 125509109 198 3795 SHARES X 3 3795 0 0
CINCINNATI FINL CORP COMMON
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CINEMARK HOLDINGS COMMON
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CINTAS CORP COMMON
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CIRCUIT CITY STORE COMMON
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CISCO SYSTEMS INC COMMON
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CIT GROUP INC COMMON
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CITADEL BROADCASTING COMMON
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CITIGROUP INC COMMON
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CITIZENS COMMUN CO COMMON
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CLEAR CHANNEL COMMUN COMMON
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CLOROX CO COMMON
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CMS ENERGY CORP COMMON
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COACH INC COMMON
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COCA COLA ENTERPRISE COMMON
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COLONIAL BANCGROUP COMMON
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DIGENE CORP COMMON
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COLUMN 5
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COLUMN 6 COLUMN 8
SHARES INVESTMENT AUTHORITY VOTING AUTHORITY
COLUMN 2 COLUMN 4 OR SHARES PUT ---------------------- COLUMN 7 -------------------
COLUMN 1 TITLE OF COLUMN 3 VALUE PRINCIPAL OR OR SHARED - SHARED - OTHER
NAME OF ISSUER CLASS CUSIP (X $1,000) AMOUNT PRINCIPAL CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED OTHER
-------------- -------- --------- ---------- --------- --------- ---- ---- -------- -------- -------- ------ ------ -----
DILLARDS INC COMMON
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DIRECTV GROUP INC COMMON
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DJO INC COMMON
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DOLLAR GEN CORP COMMON
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DOVER CORP COMMON
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DU PONT E I DE NEMOU COMMON
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DUKE ENERGY CORP COMMON
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EARTHLINK INC COM COMMON
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ELECTRONIC ARTS COMMON
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ELECTRONICS FOR IMAG COMMON
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ELI LILLY & CO COMMON
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EMC CORP MASS COMMON
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EMERSON ELEC CO COMMON
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ENDESA S A SPONSORED COMMON
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ENGLOBAL CORP COMMON
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EXPEDITORS INTL WASH COMMON
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FEDERATED INVS INC COMMON
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FEDEX CORPORATION COMMON
STOCK 31428X106 291 2625 SHARES X 3 2625 0 0
FELCOR LODGING TRUST COMMON
INC (REIT STOCK 31430F101 22 860 SHARES X 3 N.A. N.A. N.A.
FIDELITY NATL INFO COMMON
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FIFTH THIRD BANCORP COMMON
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FIRST DATA CORP COMMON
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FIRST HORIZON NATL COMMON
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FIRST SOLAR COMMON
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FIRSTENERGY CORP COMMON
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FISERV INC COMMON
STOCK 337738108 82 1450 SHARES X 3 1450 0 0
FLUOR CORPORATION COMMON
STOCK 343412102 84 750 SHARES X 3 750 0 0
FOMENTO ECONOMICO COMMON
MEXICANA ADR STOCK 344419106 32 810 SHARES X 3 810 0 0
FOOT LOCKER INC COMMON
STOCK 344849104 164 7500 SHARES X 3 7500 0 0
FORD MOTOR CO COMMON
STOCK 345370860 148 15700 SHARES X 3 15700 0 0
FOREST LABS INC COMMON
STOCK 345838106 134 2931 SHARES X 3 2931 0 0
FORTUNE BRANDS INC COMMON
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FOSTER WHEELER LTD COMMON
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FPL GROUP INC COMMON
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FRANKLIN RES INC COMMON
STOCK 354613101 185 1400 SHARES X 3 1400 0 0
FREEPORT- MCMORAN C&G COMMON
STOCK 35671D857 265 3200 SHARES X 3 3200 0 0
FREMONT GENERAL COMMON
CORPORATION STOCK 357288109 18 1700 SHARES X 3 1700 0 0
GAMESTOP CORP HLDG COMMON
STOCK 36467W109 1694 43300 SHARES X 3 43300 0 0
GANNETT CO INC COMMON
STOCK 364730101 165 3000 SHARES X 3 3000 0 0
GAP INC COMMON
STOCK 364760108 274 14300 SHARES X 3 14300 0 0
GENCO SHIPPING&TRAD COMMON
STOCK Y2685T107 1613 39100 SHARES X 3 39100 0 0
GENENTECH INC COMMON
STOCK 368710406 823 10880 SHARES X 3 10880 0 0
GENERAL DYNAMICS COMMON
STOCK 369550108 343 4388 SHARES X 3 4388 0 0
GENERAL ELECTRIC CO COMMON
STOCK 369604103 18986 495999 SHARES X 3 482346 0 13653
36 of 43
SEC USE _______________________________________
COLUMN 5
------------------------
COLUMN 6 COLUMN 8
SHARES INVESTMENT AUTHORITY VOTING AUTHORITY
COLUMN 2 COLUMN 4 OR SHARES PUT ---------------------- COLUMN 7 -------------------
COLUMN 1 TITLE OF COLUMN 3 VALUE PRINCIPAL OR OR SHARED - SHARED - OTHER
NAME OF ISSUER CLASS CUSIP (X $1,000) AMOUNT PRINCIPAL CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED OTHER
-------------- -------- --------- ---------- --------- --------- ---- ---- -------- -------- -------- ------ ------ -----
GENERAL GROWTH PPTYS COMMON
STOCK 370021107 53 1000 SHARES X 3 1000 0 0
GENERAL MILLS INC COMMON
STOCK 370334104 592 10137 SHARES X 3 9137 0 1000
GENERAL MOTORS CORP COMMON
STOCK 370442105 178 4700 SHARES X 3 4700 0 0
GENUINE PARTS CO COMMON
STOCK 372460105 67 1360 SHARES X 3 1360 0 0
GENWORTH FINANCIAL COMMON
STOCK 37247D106 120 3500 SHARES X 3 3500 0 0
GENZYME CORP COMMON
STOCK 372917104 142 2200 SHARES X 3 2200 0 0
GILAT SATELLITE NTWK COMMON
STOCK M51474118 1485 154200 SHARES X 3 154200 0 0
GILEAD SCIENCES INC COMMON
STOCK 375558103 2824 72782 SHARES X 3 70552 0 2230
GLOBALSANTAFE CORP COMMON
STOCK G3930E101 20 270 SHARES X 3 270 0 0
GOLDMAN SACHS GROUP COMMON
STOCK 38141G104 2757 12719 SHARES X 3 12377 0 342
GOODRICH CORP COMMON
STOCK 382388106 172 2885 SHARES X 3 2885 0 0
GOODYEAR TIRE & RUBR COMMON
STOCK 382550101 93 2670 SHARES X 3 2670 0 0
GOOGLE INC COMMON
STOCK 38259P508 9017 17248 SHARES X 3 16915 0 333
GRACO INC COMMON
STOCK 384109104 1702 42255 SHARES X 3 39500 0 2755
GRAINGER W W INC COMMON
STOCK 384802104 56 605 SHARES X 3 605 0 0
GRANT PRIDECO INC COMMON
STOCK 38821G101 2019 37500 SHARES X 3 37500 0 0
GREAT WOLF RESORTS COMMON
STOCK 391523107 1466 102900 SHARES X 3 102900 0 0
GREY WOLF INC COMMON
STOCK 397888108 24 2900 SHARES X 3 2900 0 0
HALLIBURTON COMMON
STOCK 406216101 262 7600 SHARES X 3 7600 0 0
HARLEY DAVIDSON INC COMMON
STOCK 412822108 167 2810 SHARES X 3 2810 0 0
HARMAN INTL INDS COMMON
STOCK 413086109 425 3640 SHARES X 3 3640 0 0
HARRAHS ENTMT INC COMMON
STOCK 413619107 136 1600 SHARES X 3 1600 0 0
HARRIS CORP COMMON
STOCK 413875105 5074 93002 SHARES X 3 91053 0 1949
HARSCO CORP COMMON
STOCK 415864107 5639 108446 SHARES X 3 105886 0 2560
HARTFORD FINL SVCS COMMON
STOCK 416515104 271 2750 SHARES X 3 2750 0 0
HASBRO INC COMMON
STOCK 418056107 60 1900 SHARES X 3 1900 0 0
HAYNES INTERNATIONAL COMMON
STOCK 420877201 2381 28200 SHARES X 3 28200 0 0
HCC INS HLDGS INC COMMON
STOCK 404132102 3034 90800 SHARES X 3 90800 0 0
HEALTH NET INC COMMON
STOCK 42222G108 729 13800 SHARES X 3 13800 0 0
HEINZ H J CO COMMON
STOCK 423074103 133 2800 SHARES X 3 2800 0 0
HERCULES INC COMMON
STOCK 427056106 20 1000 SHARES X 3 1000 0 0
HESS CORPORATION COMMON
STOCK 42809H107 136 2310 SHARES X 3 2310 0 0
HEWLETT PACKARD CO COMMON
STOCK 428236103 6301 141247 SHARES X 3 137668 0 3579
HILTON HOTELS CORP COMMON
STOCK 432848109 873 26070 SHARES X 3 26070 0 0
HOLOGIC INC COM COMMON
STOCK 436440101 22 400 SHARES X 3 400 0 0
HOME DEPOT INC COMMON
STOCK 437076102 5433 138057 SHARES X 3 135520 0 2537
HONEYWELL INTL INC COMMON
STOCK 438516106 377 6710 SHARES X 3 6710 0 0
HORIZON LINES INC COMMON
STOCK 44044K101 1507 46000 SHARES X 3 46000 0 0
HOSPIRA INC COMMON
STOCK 441060100 51 1300 SHARES X 3 1300 0 0
HOST HOTELS & RESRTS REIT 44107P104 99 4300 SHARES X 3 4300 0 0
HOUSTON WIRE & CABLE COMMON
STOCK 44244K109 949 33400 SHARES X 3 33400 0 0
HUB GROUP INC COMMON
STOCK 443320106 1433 40750 SHARES X 3 40750 0 0
HUBBELL INC COMMON
STOCK 443510201 2006 37000 SHARES X 3 37000 0 0
HUDSON CITY BANCORP COMMON
STOCK 443683107 53 4300 SHARES X 3 4300 0 0
HUMANA INC COMMON
STOCK 444859102 105 1730 SHARES X 3 1730 0 0
HUNTINGTON BANCSHARE COMMON
STOCK 446150104 45 2000 SHARES X 3 2000 0 0
HUNTSMAN CORP COMMON
STOCK 447011107 24 1000 SHARES X 3 1000 0 0
HURCO CO COMMON
STOCK 447324104 400 8000 SHARES X 3 8000 0 0
IAC INTERACTIVECORP COMMON
STOCK 44919P300 66 1900 SHARES X 3 1900 0 0
IDEARC INC COMMON
STOCK 451663108 14 397 SHARES X 3 397 0 0
ILLINOIS TOOL WORKS COMMON
STOCK 452308109 190 3500 SHARES X 3 3500 0 0
IMMUCOR INC COMMON
STOCK 452526106 51 1820 SHARES X 3 1820 0 0
IMS HEALTH INC COMMON
STOCK 449934108 2091 65100 SHARES X 3 65100 0 0
INFRASOURCE SVCS INC COMMON
STOCK 45684P102 2479 66800 SHARES X 3 66800 0 0
INGERSOLL-RAND CO COMMON
STOCK G4776G101 192 3500 SHARES X 3 3500 0 0
INSIGHT ENTERPRISES COMMON
STOCK 45765U103 1580 70000 SHARES X 3 70000 0 0
INTEGRATED ELECTRIC COMMON
STOCK 45811E301 2034 61700 SHARES X 3 61700 0 0
INTEGRYS ENERGY COMMON
STOCK 45822P105 30 600 SHARES X 3 600 0 0
INTEL CORP COMMON
STOCK 458140100 5981 251951 SHARES X 3 246715 0 5236
INTERCONTINENTAL COMMON
EXCHANGE INC STOCK 45865V100 2537 17165 SHARES X 3 17165 0 0
INTERNATIONAL COMMON
BUSINESS MACHINE STOCK 459200101 9866 93718 SHARES X 3 90533 0 3185
INTERNATIONAL PAPER COMMON
STOCK 460146103 293 7500 SHARES X 3 7500 0 0
INTERNET INITIATIVE COMMON
JAPAN SP-A STOCK 46059T109 21 2500 SHARES X 3 2500 0 0
INTERPUBLIC GROUP COMMON
STOCK 460690100 48 4201 SHARES X 3 4201 0 0
INTL FLAVORS & FRAGR COMMON
STOCK 459506101 31 585 SHARES X 3 585 0 0
INTL GAME TECH COMMON
STOCK 459902102 113 2850 SHARES X 3 2850 0 0
INTUIT COMMON
STOCK 461202103 756 25150 SHARES X 3 25150 0 0
INTUITIVE SURGIC INC COMMON
STOCK 46120E602 2706 19496 SHARES X 3 18949 0 547
INVITROGEN CORP COMMON
STOCK 46185R100 811 11000 SHARES X 3 11000 0 0
ISHARES RUSSELL 3000 COMMON
GRTH INDX STOCK 464287671 34 700 SHARES X 3 700 0 0
ISHARES TR S&P
MIDCP
400 GRW 464287606 548 6100 SHARES X 3 6100 0 0
ISHARES TR RUSL
2000
GROW 464287648 1915 22300 SHARES X 3 22300 0 0
ITT CORPORATION COMMON
STOCK 450911102 102 1500 SHARES X 3 1500 0 0
JABIL CIRCUIT INC COMMON
STOCK 466313103 38 1700 SHARES X 3 1700 0 0
JANUS CAPITAL GROUP COMMON
STOCK 47102X105 47 1700 SHARES X 3 1700 0 0
JARDEN CORP COMMON
STOCK 471109108 886 20600 SHARES X 3 20600 0 0
JDS UNIPHASE CORP COMMON
STOCK 46612J507 24 1800 SHARES X 3 1800 0 0
JOHNSON & JOHNSON COMMON
STOCK 478160104 10854 176142 SHARES X 3 176142 0 0
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SEC USE _______________________________________
COLUMN 5
------------------------
COLUMN 6 COLUMN 8
SHARES INVESTMENT AUTHORITY VOTING AUTHORITY
COLUMN 2 COLUMN 4 OR SHARES PUT ---------------------- COLUMN 7 -------------------
COLUMN 1 TITLE OF COLUMN 3 VALUE PRINCIPAL OR OR SHARED - SHARED - OTHER
NAME OF ISSUER CLASS CUSIP (X $1,000) AMOUNT PRINCIPAL CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED OTHER
-------------- -------- --------- ---------- --------- --------- ---- ---- -------- -------- -------- ------ ------ -----
JOHNSON CONTROLS INC COMMON
STOCK 478366107 190 1640 SHARES X 3 1640 0 0
JONES APPAREL GROUP COMMON
STOCK 480074103 141 5000 SHARES X 3 5000 0 0
JOS A BANK CLOTHIERS COMMON
STOCK 480838101 1194 28800 SHARES X 3 28800 0 0
JOY GLOBAL INC COMMON
STOCK 481165108 2936 50345 SHARES X 3 50345 0 0
JPMORGAN CHASE & CO COMMON
STOCK 46625H100 5339 110202 SHARES X 3 108085 0 2117
JUNIPER NETWORKS COM COMMON
STOCK 48203R104 153 6060 SHARES X 3 6060 0 0
KANSAS CITY SOUTHERN COMMON
STOCK 485170302 1468 39100 SHARES X 3 39100 0 0
KB HOME COMMON
STOCK 48666K109 107 2700 SHARES X 3 2700 0 0
KBR INC COMMON
STOCK 48242W106 2091 79700 SHARES X 3 79700 0 0
KELLOGG CO COMMON
STOCK 487836108 109 2100 SHARES X 3 2100 0 0
KENNAMETAL INC COMMON
STOCK 489170100 1690 20600 SHARES X 3 20600 0 0
KEYCORP COMMON
STOCK 493267108 152 4445 SHARES X 3 4445 0 0
KEYSPAN CORPORATION COMMON
STOCK 49337W100 59 1400 SHARES X 3 1400 0 0
KIMBERLY CLARK CORP COMMON
STOCK 494368103 358 5350 SHARES X 3 5350 0 0
KIMCO REALTY CORP COMMON
STOCK 49446R109 76 2000 SHARES X 3 2000 0 0
KINETIC CONCEPTS INC COMMON
STOCK 49460W208 14 270 SHARES X 3 270 0 0
KING PHARMACEUTICALS COMMON
STOCK 495582108 44 2133 SHARES X 3 2133 0 0
KLA-TENCOR CORP COMMON
STOCK 482480100 93 1700 SHARES X 3 1700 0 0
KMG CHEMICALS INC COMMON
STOCK 482564101 1205 45600 SHARES X 3 45600 0 0
KOHLS CORP COMMON
STOCK 500255104 702 9870 SHARES X 3 9870 0 0
KOMAG INC COMMON
STOCK 500453204 18 560 SHARES X 3 560 0 0
KRAFT FOODS INC COMMON
STOCK 50075N104 3567 101217 SHARES X 3 97417 0 3800
KROGER CO COMMON
STOCK 501044101 222 7900 SHARES X 3 7900 0 0
KYPHON INC COMMON
STOCK 501577100 1262 26200 SHARES X 3 26200 0 0
L-3 COMMUNICATIONS COMMON
STOCK 502424104 107 1100 SHARES X 3 1100 0 0
LABORATORY CORP AMER COMMON
STOCK 50540R409 78 1000 SHARES X 3 1000 0 0
LABRANCHE & CO INC COMMON
STOCK 505447102 20 2730 SHARES X 3 2730 0 0
LADISH INC COMMON
STOCK 505754200 2366 55000 SHARES X 3 55000 0 0
LANDAMERICA COMMON
FINANCIAL GROUP IN STOCK 514936103 42 440 SHARES X 3 440 0 0
LAUREATE EDUCATION COMMON
STOCK 518613104 1314 21320 SHARES X 3 21164 0 156
LAWSON SOFTWARE COMMON
STOCK 52078P102 1271 128500 SHARES X 3 128500 0 0
LEGG MASON INC COMMON
STOCK 524901105 108 1100 SHARES X 3 1100 0 0
LEGGETT & PLATT INC COMMON
STOCK 524660107 31 1400 SHARES X 3 1400 0 0
LEHMAN BROS HLDGS COMMON
STOCK 524908100 5491 73359 SHARES X 3 71136 0 2223
LENNAR CORP COMMON
STOCK 526057104 40 1100 SHARES X 3 1100 0 0
LEXMARK INTL COMMON
STOCK 529771107 93 1900 SHARES X 3 1900 0 0
LIBERTY MEDIA HLDG COMMON
CORP - CAP STOCK 53071M302 35 300 SHARES X 3 300 0 0
LIFECELL CORP COMMON
STOCK 531927101 943 30900 SHARES X 3 30900 0 0
LIMITED BRANDS INC COMMON
STOCK 532716107 212 7700 SHARES X 3 7700 0 0
LINCOLN NATIONAL CORP COMMON
STOCK 534187109 3159 44513 SHARES X 3 44387 0 126
LINEAR TECHNOLOGY COMMON
STOCK 535678106 80 2200 SHARES X 3 2200 0 0
LIZ CLAIBORNE INC COMMON
STOCK 539320101 31 840 SHARES X 3 840 0 0
LOCKHEED MARTIN CORP COMMON
STOCK 539830109 4122 43786 SHARES X 3 43786 0 0
LOEWS CORP COMMON
STOCK 540424108 194 3800 SHARES X 3 3800 0 0
LOGITECH INTL ADR H50430232 1222 46300 SHARES X 3 46300 0 0
LOWES CO COMMON
STOCK 548661107 1567 51045 SHARES X 3 47519 0 3526
LSI CORPORATION COMMON
STOCK 502161102 51 6800 SHARES X 3 6800 0 0
LUBRIZOL CORP COMMON
STOCK 549271104 45 700 SHARES X 3 700 0 0
LUMINEX CORP DEL COMMON
STOCK 55027E102 506 41100 SHARES X 3 41100 0 0
LYONDELL CHEMICAL CO COMMON
STOCK 552078107 56 1500 SHARES X 3 1500 0 0
M & T BANK CORP COMMON
STOCK 55261F104 88 830 SHARES X 3 830 0 0
MACYS INC COMMON
STOCK 55616P104 155 3900 SHARES X 3 3900 0 0
MANOR CARE INC COMMON
STOCK 564055101 39 590 SHARES X 3 590 0 0
MARATHON OIL CORP COMMON
STOCK 565849106 440 7330 SHARES X 3 7330 0 0
MARRIOTT INTL INC COMMON
STOCK 571903202 143 3300 SHARES X 3 3300 0 0
MARSH & MCLENNAN COS COMMON
STOCK 571748102 145 4680 SHARES X 3 4680 0 0
MARSHALL & ILSLEY COMMON
STOCK 571834100 276 5800 SHARES X 3 5800 0 0
MARTEK BIOSCIENCES COMMON
STOCK 572901106 420 16200 SHARES X 3 16200 0 0
MARTIN MARIETTA COMMON
MATERIALS INC STOCK 573284106 19 120 SHARES X 3 120 0 0
MASCO CORP COMMON
STOCK 574599106 208 7300 SHARES X 3 7300 0 0
MASTEC INC COMMON
STOCK 576323109 1866 117900 SHARES X 3 117900 0 0
MATRIX SVC CO COMMON
STOCK 576853105 2249 90500 SHARES X 3 90500 0 0
MATTEL INC COMMON
STOCK 577081102 83 3300 SHARES X 3 3300 0 0
MAXIM INTEGRATED PRO COMMON
STOCK 57772K101 1670 50000 SHARES X 3 50000 0 0
MBIA INC COMMON
STOCK 55262C100 255 4100 SHARES X 3 4100 0 0
MCAFEE INC COMMON
STOCK 579064106 56 1600 SHARES X 3 1600 0 0
MCCORMICK & CO INC COMMON
STOCK 579780107 2 50 SHARES X 3 50 0 0
MCCORMICK & CO INC COMMON
STOCK 579780206 76 2000 SHARES X 3 2000 0 0
MCDERMOTT INTL INC COMMON
STOCK 580037109 3940 47400 SHARES X 3 47400 0 0
MCDONALDS CORP COMMON
STOCK 580135101 542 10670 SHARES X 3 10670 0 0
MCGRAW HILL COS INC COMMON
STOCK 580645109 204 3000 SHARES X 3 3000 0 0
MCKESSON CORP COMMON
STOCK 58155Q103 241 4041 SHARES X 3 2941 0 1100
MEADWESTVACO CORP COMMON
STOCK 583334107 145 4100 SHARES X 3 4100 0 0
MEDAREX INC COMMON
STOCK 583916101 881 61700 SHARES X 3 61700 0 0
MEDCO HEALTH SOL COMMON
STOCK 58405U102 187 2400 SHARES X 3 2400 0 0
MEDICIS PHARMACEUTCL COMMON
STOCK 584690309 785 25700 SHARES X 3 25700 0 0
MEDTRONIC INC COMMON
STOCK 585055106 494 9525 SHARES X 3 9525 0 0
MELLON FINL CORP COMMON
STOCK 58551A108 156 3535 SHARES X 3 3535 0 0
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SEC USE _______________________________________
COLUMN 5
------------------------
COLUMN 6 COLUMN 8
SHARES INVESTMENT AUTHORITY VOTING AUTHORITY
COLUMN 2 COLUMN 4 OR SHARES PUT ---------------------- COLUMN 7 -------------------
COLUMN 1 TITLE OF COLUMN 3 VALUE PRINCIPAL OR OR SHARED - SHARED - OTHER
NAME OF ISSUER CLASS CUSIP (X $1,000) AMOUNT PRINCIPAL CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED OTHER
-------------- -------- --------- ---------- --------- --------- ---- ---- -------- -------- -------- ------ ------ -----
MEMC ELECTR MATLS COMMON
STOCK 552715104 1617 26470 SHARES X 3 26470 0 0
MENS WEARHOUSE INC COMMON
STOCK 587118100 1471 28800 SHARES X 3 28800 0 0
MERCK & CO INC COMMON
STOCK 589331107 994 19978 SHARES X 3 19978 0 0
MERCURY GENERAL CORP COMMON
STOCK 589400100 116 2100 SHARES X 3 2100 0 0
MEREDITH CORP COMMON
STOCK 589433101 22 360 SHARES X 3 360 0 0
MERRILL LYNCH & CO COMMON
STOCK 590188108 618 7400 SHARES X 3 7400 0 0
METLIFE INC COMMON
STOCK 59156R108 406 6300 SHARES X 3 6300 0 0
MFRI INC COMMON
STOCK 552721102 1452 51900 SHARES X 3 51900 0 0
MGIC INVT CORP COMMON
STOCK 552848103 187 3300 SHARES X 3 3300 0 0
MICREL INC COM COMMON
STOCK 594793101 20 1600 SHARES X 3 1600 0 0
MICROCHIP TECHNOLOGY COMMON
STOCK 595017104 433 11700 SHARES X 3 11700 0 0
MICRON TECHNOLOGY COMMON
STOCK 595112103 80 6400 SHARES X 3 6400 0 0
MICROSOFT CORP COMMON
STOCK 594918104 12919 438405 SHARES X 3 429555 0 8850
MILLIPORE CORP COMMON
STOCK 601073109 32 430 SHARES X 3 430 0 0
MOLEX INC COMMON
STOCK 608554101 35 1150 SHARES X 3 1150 0 0
MOLSON COORS BREWING COMMON
STOCK 60871R209 37 400 SHARES X 3 400 0 0
MONARCH CASINO&RES COMMON
STOCK 609027107 1272 47400 SHARES X 3 47400 0 0
MONSANTO CO COMMON
STOCK 61166W101 304 4500 SHARES X 3 4500 0 0
MONSTER WORLDWIDE COMMON
STOCK 611742107 45 1100 SHARES X 3 1100 0 0
MOODYS CORP COMMON
STOCK 615369105 124 2000 SHARES X 3 2000 0 0
MORGAN STANLEY COMMON
STOCK 617446448 7003 83487 SHARES X 3 81300 0 2187
MOTOROLA INC COMMON
STOCK 620076109 433 24468 SHARES X 3 24468 0 0
MURPHY OIL CORP COMMON
STOCK 626717102 95 1600 SHARES X 3 1600 0 0
MYLAN LABS INC COMMON
STOCK 628530107 36 2000 SHARES X 3 2000 0 0
NABORS INDS LTD COMMON
STOCK G6359F103 110 3300 SHARES X 3 2300 0 1000
NATIONAL CITY CORP COMMON
STOCK 635405103 167 5000 SHARES X 3 5000 0 0
NATIONAL OILWELL VAR COMMON
STOCK 637071101 156 1500 SHARES X 3 1500 0 0
NATIONAL SEMICONDUCT COMMON
STOCK 637640103 70 2470 SHARES X 3 2470 0 0
NCR CORP COMMON
STOCK 62886E108 79 1500 SHARES X 3 1500 0 0
NETWORK APPLIANCE COMMON
STOCK 64120L104 918 31455 SHARES X 3 31455 0 0
NEW YORK CMNTY BANCO COMMON
STOCK 649445103 163 9600 SHARES X 3 9600 0 0
NEW YORK TIMES CO COMMON
STOCK 650111107 32 1270 SHARES X 3 1270 0 0
NEWELL RUBBERMAID IN COMMON
STOCK 651229106 66 2250 SHARES X 3 2250 0 0
NEWFIELD EXPL CO COMMON
STOCK 651290108 692 15200 SHARES X 3 15200 0 0
NEWMARKET CORPORATION COMMON
STOCK 651587107 15 300 SHARES X 3 300 0 0
NEWMONT MINING CORP COMMON
STOCK 651639106 152 3900 SHARES X 3 3900 0 0
NEWS CORP INC-A COMMON
STOCK 65248E104 4046 190743 SHARES X 3 187145 0 3598
NICOR INC COMMON
STOCK 654086107 15 340 SHARES X 3 340 0 0
NIKE INC COMMON
B 654106103 897 15396 SHARES X 3 15396 0 0
NISOURCE INC COMMON
STOCK 65473P105 131 6300 SHARES X 3 6300 0 0
NOBLE CORPORATION COMMON
STOCK G65422100 110 1125 SHARES X 3 1125 0 0
NOBLE ENERGY INC COMMON
STOCK 655044105 1566 25100 SHARES X 3 25100 0 0
NORDSTROM INC COMMON
STOCK 655664100 607 11850 SHARES X 3 11850 0 0
NORFOLK SOUTHERN COMMON
STOCK 655844108 218 4150 SHARES X 3 4150 0 0
NORTHERN TR CORP COMMON
STOCK 665859104 319 4970 SHARES X 3 4970 0 0
NORTHROP GRUMMAN CO COMMON
STOCK 666807102 343 4400 SHARES X 3 4400 0 0
NOVARTIS AG ADR COMMON
STOCK 66987V109 975 17390 SHARES X 3 14857 0 2533
NOVELL INC COMMON
STOCK 670006105 23 2925 SHARES X 3 2925 0 0
NOVELLUS SYS INC COMMON
STOCK 670008101 97 3420 SHARES X 3 3420 0 0
NUCOR CORP COMMON
STOCK 670346105 163 2800 SHARES X 3 2800 0 0
NVIDIA CORP COMMON
STOCK 67066G104 124 3000 SHARES X 3 3000 0 0
OCCIDENTAL PETE CORP COMMON
STOCK 674599105 562 9700 SHARES X 3 9700 0 0
OCWEN FINANCIAL CORP COMMON
STOCK 675746309 15 1100 SHARES X 3 1100 0 0
OFFICE DEPOT INC COMMON
STOCK 676220106 85 2800 SHARES X 3 2800 0 0
OFFICEMAX INC COMMON
STOCK 67622P101 25 625 SHARES X 3 625 0 0
OMNICOM GROUP INC COMMON
STOCK 681919106 151 2850 SHARES X 3 2850 0 0
ON SEMICONDUCTOR COR COMMON
STOCK 682189105 1006 93800 SHARES X 3 93800 0 0
ON TRACK INNOVATION COMMON
STOCK M8791A109 6 900 SHARES X 3 900 0 0
OPPENHEIMER HLDGS COMMON
STOCK 683797104 1190 23100 SHARES X 3 23100 0 0
ORACLE CORP COMMON
STOCK 68389X105 1944 98740 SHARES X 3 98740 0 0
OSI PHARMACEUTICALS COMMON
STOCK 671040103 599 16500 SHARES X 3 16500 0 0
PACCAR INC COMMON
STOCK 693718108 227 2600 SHARES X 3 2600 0 0
PACIFIC SUNWEAR OF COMMON
CALIFORNIA STOCK 694873100 29 1300 SHARES X 3 1300 0 0
PACKAGING CORP AMER COMMON
STOCK 695156109 94 3700 SHARES X 3 3700 0 0
PACTIV CORP COMMON
STOCK 695257105 53 1665 SHARES X 3 1665 0 0
PAIN THERAPEUTICS COMMON
INCORPORATED STOCK 69562K100 23 2680 SHARES X 3 2680 0 0
PALL CORP COMMON
STOCK 696429307 45 980 SHARES X 3 980 0 0
PARKER HANNIFIN CORP COMMON
STOCK 701094104 98 1000 SHARES X 3 1000 0 0
PATTERSON COMPANIES COMMON
STOCK 703395103 41 1100 SHARES X 3 1100 0 0
PATTERSON-UTI ENERGY COMMON
INC STOCK 703481101 34 1300 SHARES X 3 1300 0 0
PAYCHEX INC COMMON
STOCK 704326107 203 5200 SHARES X 3 5200 0 0
PAYLESS SHOESOURCE COMMON
STOCK 704379106 956 30300 SHARES X 3 30300 0 0
PDL BIOPHARMA INC COMMON
STOCK 69329Y104 590 25300 SHARES X 3 25300 0 0
PEABODY ENERGY CORP COMMON
STOCK 704549104 1702 35170 SHARES X 3 35170 0 0
PEDIATRIX MED GRP COMMON
STOCK 705324101 2303 41760 SHARES X 3 41760 0 0
PENN NATL GAMING INC COMMON
STOCK 707569109 1700 28300 SHARES X 3 28300 0 0
PENNEY J C INC COMMON
STOCK 708160106 4118 56887 SHARES X 3 55531 0 1356
PENNS WOODS BANCORP COMMON
INC. STOCK 708430103 311 9082 SHARES X 3 9082 0 0
39 of 43
SEC USE _______________________________________
COLUMN 5
------------------------
COLUMN 6 COLUMN 8
SHARES INVESTMENT AUTHORITY VOTING AUTHORITY
COLUMN 2 COLUMN 4 OR SHARES PUT ---------------------- COLUMN 7 -------------------
COLUMN 1 TITLE OF COLUMN 3 VALUE PRINCIPAL OR OR SHARED - SHARED - OTHER
NAME OF ISSUER CLASS CUSIP (X $1,000) AMOUNT PRINCIPAL CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED OTHER
-------------- -------- --------- ---------- --------- --------- ---- ---- -------- -------- -------- ------ ------ -----
PENTAIR INC COMMON
STOCK 709631105 150 3900 SHARES X 3 3900 0 0
PEPSI BOTTLING GRP COMMON
STOCK 713409100 37 1100 SHARES X 3 1100 0 0
PEPSICO INC COMMON
STOCK 713448108 8889 137089 SHARES X 3 134504 0 2585
PERKINELMER INC COMMON
STOCK 714046109 27 1030 SHARES X 3 1030 0 0
PERRIGO CO COMMON
STOCK 714290103 1782 91000 SHARES X 3 91000 0 0
PFIZER INC COMMON
STOCK 717081103 7102 277803 SHARES X 3 277803 0 0
PG&E CORP COMMON
STOCK 69331C108 135 2980 SHARES X 3 2980 0 0
PHARMACEUTIAL COMMON
PRODUCT DEVEL IN STOCK 717124101 3701 96665 SHARES X 3 96665 0 0
PIKE ELECTRIC CORP COMMON
STOCK 721283109 1150 51400 SHARES X 3 51400 0 0
PINNACLE AIRLINES COMMON
CORP STOCK 723443107 17 920 SHARES X 3 920 0 0
PINNACLE WEST CAP COMMON
STOCK 723484101 36 900 SHARES X 3 900 0 0
PIONEER NATURAL RES COMMON
STOCK 723787107 380 7800 SHARES X 3 7800 0 0
PIPER JAFFRAY COMMON
COMPANIES INC STOCK 724078100 1661 29810 SHARES X 3 29810 0 0
PITNEY BOWES INC COMMON
STOCK 724479100 155 3305 SHARES X 3 3305 0 0
PLATINUM UNDERWRITER COMMON
STOCK G7127P100 1578 45400 SHARES X 3 45400 0 0
PLUM CREEK TIMBER CO COMMON
STOCK 729251108 65 1550 SHARES X 3 1550 0 0
PMC-SIERRA INC COMMON
STOCK 69344F106 2744 355000 SHARES X 3 355000 0 0
PNC FINANCIAL COMMON
SERVICES GROUP I STOCK 693475105 316 4406 SHARES X 3 4406 0 0
POLARIS INDS INC COMMON
STOCK 731068102 108 2000 SHARES X 3 2000 0 0
POLO RALPH LAUREN COMMON
STOCK 731572103 49 500 SHARES X 3 500 0 0
POWELL INDS INC COMMON
STOCK 739128106 854 26900 SHARES X 3 26900 0 0
POZEN INC COMMON
STOCK 73941U102 1047 57910 SHARES X 3 57910 0 0
PPG INDUSTRIES INC COMMON
STOCK 693506107 205 2690 SHARES X 3 2690 0 0
PPL CORP COMMON
STOCK 69351T106 151 3230 SHARES X 3 3230 0 0
PRAXAIR INC COMMON
STOCK 74005P104 195 2710 SHARES X 3 2710 0 0
PRECISION CASTPARTS COMMON
STOCK 740189105 5251 43277 SHARES X 3 41628 0 1649
PRICE T ROWE GRP COMMON
STOCK 74144T108 119 2300 SHARES X 3 2300 0 0
PRICELINE COM INC COMMON
STOCK 741503403 2117 30800 SHARES X 3 30800 0 0
PRINCIPAL FINL GRP COMMON
STOCK 74251V102 134 2300 SHARES X 3 2300 0 0
PROASSURANCE CORP COMMON
STOCK 74267C106 2733 49100 SHARES X 3 49100 0 0
PROCTER & GAMBLE CO COMMON
STOCK 742718109 13628 222722 SHARES X 3 219277 0 3445
PROGRESS ENERGY INC COMMON
STOCK 743263105 97 2127 SHARES X 3 2127 0 0
PROGRESSIVE CORP COMMON
STOCK 743315103 148 6200 SHARES X 3 6200 0 0
PROLOGIS COMMON
STOCK 743410102 125 2200 SHARES X 3 2200 0 0
PROTECTIVE LIFE CORP COMMON
STOCK 743674103 110 2300 SHARES X 3 2300 0 0
PRUDENTIAL FINL COMMON
STOCK 744320102 389 4000 SHARES X 3 4000 0 0
PSYCHIATRIC SOLUTION COMMON
STOCK 74439H108 8182 225638 SHARES X 3 225242 0 396
PUBLIC STORAGE REIT 74460D109 81 1050 SHARES X 3 1050 0 0
PUBLIC SVC ENTERPR COMMON
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PULTE HOMES INC COMMON
STOCK 745867101 38 1700 SHARES X 3 1700 0 0
QLOGIC CORP COMMON
STOCK 747277101 23 1400 SHARES X 3 1400 0 0
QLT INC COMMON
STOCK 746927102 37 5050 SHARES X 3 5050 0 0
QUALCOMM INC COMMON
STOCK 747525103 5876 135422 SHARES X 3 132004 0 3418
QUANTA SVCS INC COMMON
STOCK 74762E102 2994 97600 SHARES X 3 97600 0 0
QUEST DIAGNOSTICS COMMON
STOCK 74834L100 70 1350 SHARES X 3 1350 0 0
QUESTAR CORP COMMON
STOCK 748356102 79 1500 SHARES X 3 1500 0 0
QWEST COMMUNCTN INTL COMMON
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RADIAN GROUP INC COMMON
STOCK 750236101 1235 22878 SHARES X 3 20899 0 1979
RADIOSHACK CORP COMMON
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RAYTHEON COMMON
STOCK 755111507 199 3700 SHARES X 3 3700 0 0
REGAL BELOIT CORP COMMON
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REGIONS FINL CORP COMMON
STOCK 7591EP100 199 6000 SHARES X 3 6000 0 0
REYNOLDS AMERN INC COMMON
STOCK 761713106 91 1400 SHARES X 3 1400 0 0
RF MICRODEVICES INC COMMON
STOCK 749941100 258 41300 SHARES X 3 41300 0 0
ROBERT HALF INTL INC COMMON
STOCK 770323103 69 1890 SHARES X 3 1890 0 0
ROCKWELL AUTOMATION COMMON
STOCK 773903109 5804 83567 SHARES X 3 80791 0 2776
ROCKWELL COLLINS INC COMMON
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ROHM & HAAS CO COMMON
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ROSS STORES INC COMMON
STOCK 778296103 492 15950 SHARES X 3 15950 0 0
ROWAN COS INC COMMON
STOCK 779382100 37 900 SHARES X 3 900 0 0
RPM INTERNATIONAL COMMON
STOCK 749685103 104 4500 SHARES X 3 4500 0 0
RYDER SYSTEMS INC COMMON
STOCK 783549108 25 470 SHARES X 3 470 0 0
S&P 500 DEP RECEIPTS COMMON
STOCK 78462F103 75 500 SHARES X 3 500 0 0
SAFECO CORP COMMON
STOCK 786429100 58 925 SHARES X 3 925 0 0
SAFEWAY INC COMMON
STOCK 786514208 214 6280 SHARES X 3 6280 0 0
SAKS INCORPORATED COMMON
STOCK 79377W108 1065 49900 SHARES X 3 49900 0 0
SANDISK CORP COMMON
STOCK 80004C101 95 1950 SHARES X 3 1950 0 0
SANMINA-SCI CORP COMMON
STOCK 800907107 11 3400 SHARES X 3 3400 0 0
SANOFI-AVENTIS ADR 80105N105 101 2500 SHARES X 3 2500 0 0
SAP AG SPONS ADR COMMON
STOCK 803054204 276 5400 SHARES X 3 5400 0 0
SARA LEE CORP COMMON
STOCK 803111103 143 8220 SHARES X 3 8220 0 0
SCANA CORP NEW COM COMMON
STOCK 80589M102 84 2200 SHARES X 3 2200 0 0
SCHERING PLOUGH CORP COMMON
STOCK 806605101 433 14200 SHARES X 3 14200 0 0
SCHLUMBERGER LTD COMMON
STOCK 806857108 6552 77159 SHARES X 3 73996 0 3163
SCHWAB CHARLES CORP COMMON
STOCK 808513105 174 8500 SHARES X 3 8500 0 0
SCRIPPS E W CO OHIO COMMON
STOCK 811054204 32 700 SHARES X 3 700 0 0
SEAGATE TECHNOLOGY COMMON
STOCK G7945J104 1391 63863 SHARES X 3 63552 0 311
SEALED AIR CORP COMMON
STOCK 81211K100 42 1364 SHARES X 3 1364 0 0
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SEC USE _______________________________________
COLUMN 5
------------------------
COLUMN 6 COLUMN 8
SHARES INVESTMENT AUTHORITY VOTING AUTHORITY
COLUMN 2 COLUMN 4 OR SHARES PUT ---------------------- COLUMN 7 -------------------
COLUMN 1 TITLE OF COLUMN 3 VALUE PRINCIPAL OR OR SHARED - SHARED - OTHER
NAME OF ISSUER CLASS CUSIP (X $1,000) AMOUNT PRINCIPAL CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED OTHER
-------------- -------- --------- ---------- --------- --------- ---- ---- -------- -------- -------- ------ ------ -----
SEARS HOLDING CORP COMMON
STOCK 812350106 403 2371 SHARES X 3 2371 0 0
SELECT COMFORT COMMON
CORPORATION STOCK 81616X103 16 1000 SHARES X 3 1000 0 0
SEMPRA ENERGY COMMON
STOCK 816851109 135 2276 SHARES X 3 2276 0 0
SEPRACOR INC COMMON
STOCK 817315104 791 19289 SHARES X 3 19289 0 0
SHERWIN WILLIAMS CO COMMON
STOCK 824348106 79 1190 SHARES X 3 1190 0 0
SHUFFLE MASTER INC COMMON
STOCK 825549108 373 22500 SHARES X 3 22500 0 0
SIERRA HEALTH COMMON
SERVICES INC STOCK 826322109 1928 46350 SHARES X 3 46350 0 0
SIGMA ALDRICH CORP COMMON
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SILICON MOTION TECH ADR 82706C108 1353 54500 SHARES X 3 54500 0 0
SIMON PPTY INC REIT 828806109 177 1900 SHARES X 3 1900 0 0
SIRONA DENTAL SYS COMMON
STOCK 82966C103 3145 83165 SHARES X 3 83165 0 0
SLM CORP COMMON
STOCK 78442P106 203 3525 SHARES X 3 3525 0 0
SMITH INTL INC COMMON
STOCK 832110100 100 1700 SHARES X 3 1700 0 0
SMITH MICRO SOFTWARE COMMON
STOCK 832154108 1238 82200 SHARES X 3 82200 0 0
SNAP-ON INC COMMON
STOCK 833034101 24 480 SHARES X 3 480 0 0
SOLECTRON CORP COMMON
STOCK 834182107 28 7500 SHARES X 3 7500 0 0
SOTHEBYS COMMON
STOCK 835898107 1183 25700 SHARES X 3 25700 0 0
SOUTH FINL GROUP INC COMMON
STOCK 837841105 95 4200 SHARES X 3 4200 0 0
SOUTHERN CO COMMON
STOCK 842587107 213 6200 SHARES X 3 6200 0 0
SOUTHWEST AIRLS CO COMMON
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SOUTHWESTERN ENERGY COMMON
STOCK 845467109 1059 23810 SHARES X 3 23810 0 0
SOVEREIGN BANCORP COMMON
STOCK 845905108 68 3200 SHARES X 3 3200 0 0
SPECTRA ENERGY CORP COMMON
STOCK 847560109 207 7990 SHARES X 3 7990 0 0
SPRINT NEXTEL COMMON
STOCK 852061100 512 24700 SHARES X 3 24700 0 0
ST JUDE MEDICAL INC COMMON
STOCK 790849103 120 2900 SHARES X 3 2900 0 0
STANLEY WORKS COMMON
STOCK 854616109 42 700 SHARES X 3 700 0 0
STAPLES INC COMMON
STOCK 855030102 847 35656 SHARES X 3 30995 0 4661
STARBUCKS CORP COMMON
STOCK 855244109 541 20645 SHARES X 3 20645 0 0
STARWOOD HTLS&RESORT COMMON
STOCK 85590A401 121 1800 SHARES X 3 1800 0 0
STATE STREET CORP COMMON
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STATOIL ASA COMMON
SPONSORED ADR STOCK 85771P102 20 650 SHARES X 3 650 0 0
STEELCASE INC CL A COMMON
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STERIS CORP COMMON
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STIFEL FINL CORP COMMON
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STREETTRACKS GOLD COMMON
TRUST STOCK 863307104 323 5023 SHARES X 3 5023 0 0
STRYKER CORP COMMON
STOCK 863667101 185 2930 SHARES X 3 2930 0 0
SUN MICROSYSTEM INC COMMON
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SUNOCO INC COMMON
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SUNTRUST BANKS INC COMMON
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SYMANTEC CORP COMMON
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SYNOVUS FINL CORP COMMON
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SYSCO CORP COMMON
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TCF FINANCIAL CORP COMMON
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TECO ENERGY INC COMMON
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TEKTRONIX INC COMMON
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TELECOMMUNICATNS SYS COMMON
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TELEDYNE TECH INC COMMON
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TELEFONOS DE MEXICO COMMON
SP ADR L STOCK 879403780 27 720 SHARES X 3 720 0 0
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TEMPLE INLAND INC COMMON
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TENET HEALTHCARE COMMON
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TERADYNE INC COMMON
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TEREX CORP COMMON
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TERRA INDUSTRIES INC COMMON
STOCK 880915103 25 970 SHARES X 3 970 0 0
TESSERA TECHNOLOGIES COMMON
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TEXAS INSTRUMENTS COMMON
STOCK 882508104 3901 103674 SHARES X 3 100814 0 2860
TEXTRON INC COMMON
STOCK 883203101 121 1100 SHARES X 3 1100 0 0
THE GYMBOREE COMMON
CORPORATION STOCK 403777105 24 620 SHARES X 3 620 0 0
THE HANOVER INS GRP COMMON
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THE HERSHEY COMPANY COMMON
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THE WESTERN UNION COMMON
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THERMO FISHER SCI COMMON
STOCK 883556102 1152 22255 SHARES X 3 22255 0 0
THQ INC COMMON
STOCK 872443403 1615 52900 SHARES X 3 52900 0 0
TIFFANY & CO COMMON
STOCK 886547108 58 1100 SHARES X 3 1100 0 0
TIME WARNER INC COMMON
STOCK 887317105 693 32955 SHARES X 3 32955 0 0
TIMKEN CO COMMON
STOCK 887389104 130 3600 SHARES X 3 3600 0 0
TITAN INTL INC COMMON
STOCK 88830M102 1625 51400 SHARES X 3 51400 0 0
TITANIUM METALS CORP COMMON
STOCK 888339207 999 31300 SHARES X 3 31300 0 0
TJX COMPANIES INC COMMON
STOCK 872540109 105 3800 SHARES X 3 3800 0 0
TOLL BROTHERS INC COMMON
STOCK 889478103 282 11300 SHARES X 3 11300 0 0
TORCHMARK CORP COMMON
STOCK 891027104 54 800 SHARES X 3 800 0 0
TRANSOCEAN INC COMMON
STOCK G90078109 254 2400 SHARES X 3 2400 0 0
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COLUMN 5
------------------------
COLUMN 6 COLUMN 8
SHARES INVESTMENT AUTHORITY VOTING AUTHORITY
COLUMN 2 COLUMN 4 OR SHARES PUT ---------------------- COLUMN 7 -------------------
COLUMN 1 TITLE OF COLUMN 3 VALUE PRINCIPAL OR OR SHARED - SHARED - OTHER
NAME OF ISSUER CLASS CUSIP (X $1,000) AMOUNT PRINCIPAL CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED OTHER
-------------- -------- --------- ---------- --------- --------- ---- ---- -------- -------- -------- ------ ------ -----
TRAVELERS CO(THE) COMMON
STOCK 89417E109 298 5575 SHARES X 3 5575 0 0
TRIBUNE CO COMMON
STOCK 896047107 38 1277 SHARES X 3 1277 0 0
TRIDENT MICROSYSTEMS COMMON
STOCK 895919108 1947 106100 SHARES X 3 106100 0 0
TXU CORP COMMON
STOCK 873168108 269 3990 SHARES X 3 3990 0 0
TYCO INTERNATIONAL COMMON
LTD STOCK 902124106 584 17300 SHARES X 3 17300 0 0
TYLER TECHNOLOGIES COMMON
INC STOCK 902252105 15 1200 SHARES X 3 1200 0 0
TYSON FOODS INC COMMON
STOCK 902494103 85 3700 SHARES X 3 3700 0 0
U S BANCORP DEL COM COMMON
NEW STOCK 902973304 989 30000 SHARES X 3 30000 0 0
U S GOLD CORP COMMON
STOCK 912023207 833 151300 SHARES X 3 151300 0 0
UBS AG COMMON
STOCK H89231338 56 930 SHARES X 3 930 0 0
UDR INC REIT COMMON
STOCK 902653104 45 1700 SHARES X 3 N.A. N.A. N.A.
UNIBANCO-GDR COMMON
STOCK 90458E107 56 500 SHARES X 3 500 0 0
UNION PAC CORP COMMON
STOCK 907818108 265 2300 SHARES X 3 2300 0 0
UNISYS CORPORATION COMMON
STOCK 909214108 27 3000 SHARES X 3 3000 0 0
UNITED PARCEL COMMON
SERVICE CL B STOCK 911312106 4847 66398 SHARES X 3 64204 0 2194
UNITED STATES STL COMMON
STOCK 912909108 121 1110 SHARES X 3 1110 0 0
UNITED TECHNOLOGIES COMMON
STOCK 913017109 1570 22130 SHARES X 3 22130 0 0
UNITEDHEALTH GROUP COMMON
INC STOCK 91324P102 3551 69456 SHARES X 3 66858 0 2598
UNUM GROUP COMMON
STOCK 91529Y106 78 2995 SHARES X 3 2995 0 0
URBAN OUTFITTERS COMMON
STOCK 917047102 437 18200 SHARES X 3 18200 0 0
UST INC COMMON
STOCK 902911106 143 2660 SHARES X 3 2660 0 0
UTSTARCOM INC COMMON
STOCK 918076100 31 5580 SHARES X 3 5580 0 0
V F CORP COMMON
STOCK 918204108 64 700 SHARES X 3 700 0 0
VALERO ENERGY CORP COMMON
STOCK 91913Y100 340 4600 SHARES X 3 4600 0 0
VALSPAR CORP COMMON
STOCK 920355104 97 3400 SHARES X 3 3400 0 0
VALUECLICK INC COMMON
STOCK 92046N102 1049 35600 SHARES X 3 35600 0 0
VARIAN MED SYS INC COMMON
STOCK 92220P105 688 16160 SHARES X 3 16160 0 0
VARIAN SEMICONDUC EQ COMMON
STOCK 922207105 1378 34400 SHARES X 3 34400 0 0
VERISIGN INC COMMON
STOCK 92343E102 67 2100 SHARES X 3 2100 0 0
VERIZON COMMON
COMMUNICATIONS COM STOCK 92343V104 4334 105285 SHARES X 3 102680 0 2605
VIACOM INC COMMON
B 92553P201 229 5500 SHARES X 3 5500 0 0
VITAL IMAGES INC COMMON
STOCK 92846N104 1018 37500 SHARES X 3 37500 0 0
VOLT INFORMATION COMMON
SCIENCES STOCK 928703107 17 900 SHARES X 3 900 0 0
VORNADO RLTY TR REIT 929042109 124 1125 SHARES X 3 1125 0 0
VULCAN MATERIALS CO COMMON
STOCK 929160109 92 800 SHARES X 3 800 0 0
W HOLDING COMPANY INC COMMON
STOCK 929251106 17 6250 SHARES X 3 6250 0 0
WABTEC COMMON
STOCK 929740108 2463 67400 SHARES X 3 67400 0 0
WACHOVIA CORP COMMON
STOCK 929903102 4076 79529 SHARES X 3 77745 0 1784
WAL MART STORES INC COMMON
STOCK 931142103 6599 137177 SHARES X 3 134456 0 2721
WALGREEN CO COMMON
STOCK 931422109 366 8400 SHARES X 3 8400 0 0
WASHINGTON MUTUAL COMMON
STOCK 939322103 512 12000 SHARES X 3 12000 0 0
WASHINGTON REAL COMMON
ESTATE INVT (R STOCK 939653101 16 480 SHARES X 3 N.A. N.A. N.A.
WASTE CONNECTIONS I COMMON
STOCK 941053100 672 22200 SHARES X 3 22200 0 0
WASTE MANAGEMENT INC COMMON
STOCK 94106L109 2640 67583 SHARES X 3 65319 0 2264
WATERS CORP COMMON
STOCK 941848103 50 850 SHARES X 3 850 0 0
WATSON PHARMACEUTCLS COMMON
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WEATHERFORD INTL LTD COMMON
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WEBSENSE INC COMMON
STOCK 947684106 1332 62700 SHARES X 3 62700 0 0
WELLCARE HEALTH PLANS COMMON
STOCK 94946T106 36 400 SHARES X 3 400 0 0
WELLPOINT INC COMMON
STOCK 94973V107 415 5200 SHARES X 3 5200 0 0
WELLS FARGO & CO COMMON
STOCK 949746101 1421 40400 SHARES X 3 40400 0 0
WENDYS INTL INC COMMON
STOCK 950590109 30 825 SHARES X 3 825 0 0
WESCO INTERNATIONAL COMMON
INCORPORAT STOCK 95082P105 18 300 SHARES X 3 300 0 0
WESTERN DIGITAL CORP COMMON
STOCK 958102105 975 50400 SHARES X 3 50400 0 0
WEYERHAEUSER CO COMMON
STOCK 962166104 138 1750 SHARES X 3 1750 0 0
WGL HLDGS INC COM COMMON
STOCK 92924F106 60 1828 SHARES X 3 1828 0 0
WHIRLPOOL CORP COMMON
STOCK 963320106 89 800 SHARES X 3 800 0 0
WHOLE FOODS MKT INC COMMON
STOCK 966837106 50 1300 SHARES X 3 1300 0 0
WILLIAMS COS INC COMMON
STOCK 969457100 155 4900 SHARES X 3 4900 0 0
WILLIAMS SONOMA INC COMMON
STOCK 969904101 556 17600 SHARES X 3 17600 0 0
WILMINGTON TRUST CRP COMMON
STOCK 971807102 141 3400 SHARES X 3 3400 0 0
WINDSTREAM CORP COMMON
STOCK 97381W104 57 3853 SHARES X 3 3853 0 0
WRIGLEY WM JR CO COMMON
STOCK 982526105 163 2950 SHARES X 3 2950 0 0
WYETH COMMON
STOCK 983024100 5954 103843 SHARES X 3 103843 0 0
WYNDHAM WORLDWIDE CO COMMON
STOCK 98310W108 58 1600 SHARES X 3 1600 0 0
XCEL ENERGY INC COMMON
STOCK 98389B100 72 3500 SHARES X 3 3500 0 0
XEROX CORP COMMON
STOCK 984121103 152 8200 SHARES X 3 8000 0 200
XILINX INC COMMON
STOCK 983919101 72 2700 SHARES X 3 2700 0 0
XL CAP LTD COMMON
STOCK G98255105 131 1550 SHARES X 3 1550 0 0
XTO ENERGY INC COMMON
STOCK 98385X106 1084 18046 SHARES X 3 18046 0 0
YAHOO INC COMMON
STOCK 984332106 878 32355 SHARES X 3 32355 0 0
YAMANA GOLD INC COMMON
STOCK 98462Y100 972 87400 SHARES X 3 87400 0 0
YRC WORLDWIDE INC COMMON
STOCK 984249102 14 390 SHARES X 3 390 0 0
YUM BRANDS INC COMMON
STOCK 988498101 193 5900 SHARES X 3 5900 0 0
ZIMMER HLDGS INC COM COMMON
STOCK 98956P102 4175 49198 SHARES X 3 47516 0 1682
ZIONS BANCORPORATION COMMON
STOCK 989701107 2423 31509 SHARES X 3 30640 0 869
ZOLL MEDICAL CORP COMMON
STOCK 989922109 15 650 SHARES X 3 650 0 0
ZYGO CORP COMMON
STOCK 989855101 1685 117900 SHARES X 3 117900 0 0
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COLUMN 5
------------------------
COLUMN 8
COLUMN 6 VOTING
SHARES INVESTMENT AUTHORITY AUTHORITY
COLUMN 2 COLUMN 4 OR SHARES PUT ---------------------- COLUMN 7 -----------------
COLUMN 1 TITLE OF COLUMN 3 VALUE PRINCIPAL OR OR SHARED - SHARED - OTHER
NAME OF ISSUER CLASS CUSIP (X $1,000) AMOUNT PRINCIPAL CALL SOLE DEFINED OTHER MANAGERS SOLE SHARED OTHER
-------------- -------- --------- ---------- --------- --------- ---- ---- -------- -------- -------- ---- ------ -----
3M CO COMMON
STOCK 88579Y101 13 150 SHARES X 4 150 0 0
ALCATEL-LUCENT - COMMON
SPON ADR STOCK 013904305 2 165 SHARES X 4 165 0 0
ALCOA INC COM COMMON
STOCK 013817101 8 200 SHARES X 4 200 0 0
ALLSTATE CORP COMMON
STOCK 020002101 6 100 SHARES X 4 100 0 0
AMERICAN EXPRESS CO COMMON
STOCK 025816109 12 200 SHARES X 4 200 0 0
AMERICAN
INTERNATIONAL COMMON
GROUP I STOCK 026874107 21 300 SHARES X 4 300 0 0
AMERIPRISE FINANCIAL COMMON
INC STOCK 03076C106 3 40 SHARES X 4 40 0 0
AMGEN INC COM COMMON
STOCK 031162100 11 200 SHARES X 4 200 0 0
AT&T INC COMMON
STOCK 00206R102 11 265 SHARES X 4 265 0 0
AVNET INC COM COMMON
STOCK 053807103 8 200 SHARES X 4 200 0 0
BANK NEW YORK INC COM COMMON
STOCK 064057102 4 100 SHARES X 4 100 0 0
BRISTOL-MYERS SQUIBB COMMON
CO STOCK 110122108 8 250 SHARES X 4 250 0 0
CBS CORP CL B COMMON
STOCK 124857202 3 100 SHARES X 4 100 0 0
CHEVRON CORP COMMON
STOCK 166764100 13 150 SHARES X 4 150 0 0
CISCO SYSTEMS INC COMMON
STOCK 17275R102 24 850 SHARES X 4 850 0 0
CIT GROUP INC COMMON
STOCK 125581108 14 250 SHARES X 4 250 0 0
CITADEL BROADCASTING COMMON
COMPANY STOCK 17285T106 0 33 SHARES X 4 33 0 0
CITIGROUP INC COM COMMON
STOCK 172967101 21 400 SHARES X 4 400 0 0
CLEAR CHANNEL COMMON
COMMUNICATIONS I STOCK 184502102 8 200 SHARES X 4 200 0 0
COCA COLA CO COM COMMON
STOCK 191216100 13 250 SHARES X 4 250 0 0
COLGATE PALMOLIVE CO COMMON
COM STOCK 194162103 6 100 SHARES X 4 100 0 0
COMCAST CORP- COMMON
SPECIAL CL A STOCK 20030N200 13 450 SHARES X 4 450 0 0
CONOCOPHILLIPS COMMON
STOCK 20825C104 27 344 SHARES X 4 344 0 0
CORNING INC COMMON
STOCK 219350105 8 300 SHARES X 4 300 0 0
DISNEY WALT CO COMMON
STOCK 254687106 15 425 SHARES X 4 425 0 0
DUPONT EI DE COMMON
NEMOURS & CO COM STOCK 263534109 5 100 SHARES X 4 100 0 0
EXXON MOBIL CORP COMMON
STOCK 30231G102 25 300 SHARES X 4 300 0 0
FIRST DATA CORP COM COMMON
STOCK 319963104 7 200 SHARES X 4 200 0 0
FPL GROUP INC COM COMMON
STOCK 302571104 17 300 SHARES X 4 300 0 0
GENERAL ELECTRIC COMMON
COMPANY STOCK 369604103 21 550 SHARES X 4 550 0 0
GENERAL MILLS INC COMMON
STOCK 370334104 9 150 SHARES X 4 150 0 0
HARTFORD FINANCIAL COMMON
SVCS GRP IN STOCK 416515104 10 100 SHARES X 4 100 0 0
HEALTH MANAGEMENT- COMMON
CLASS A STOCK 421933102 5 400 SHARES X 4 400 0 0
HEWLETT- PACKARD CO COMMON
STOCK 428236103 11 237 SHARES X 4 237 0 0
HOME DEPOT INC COM COMMON
STOCK 437076102 12 300 SHARES X 4 300 0 0
HONEYWELL INTL INC COMMON
COM STOCK 438516106 17 300 SHARES X 4 300 0 0
INTEL CORP COM COMMON
STOCK 458140100 9 400 SHARES X 4 400 0 0
INTERNATIONAL COMMON
BUSINESS MACHINE STOCK 459200101 21 200 SHARES X 4 200 0 0
INTERNATIONAL COMMON
RECTIFIER CORP STOCK 460254105 3 75 SHARES X 4 75 0 0
JOHNSON & JOHNSON COMMON
STOCK 478160104 12 200 SHARES X 4 200 0 0
KIMBERLY CLARK CORP COMMON
STOCK 494368103 7 100 SHARES X 4 100 0 0
KRAFT FOODS INC CL A COMMON
STOCK 50075N104 4 100 SHARES X 4 100 0 0
KROGER CO COMMON
STOCK 501044101 11 400 SHARES X 4 400 0 0
LILLY ELI & CO COMMON
STOCK 532457108 6 100 SHARES X 4 100 0 0
LINCOLN NATIONAL CORP COMMON
STOCK 534187109 14 200 SHARES X 4 200 0 0
LIVE NATION INC COMMON
STOCK 538034109 1 25 SHARES X 4 25 0 0
LOCKHEED MARTIN COMMON
CORPORATION CO STOCK 539830109 9 100 SHARES X 4 100 0 0
MARATHON OIL CORP COMMON
STOCK 565849106 48 800 SHARES X 4 800 0 0
MCDONALD'S COMMON
CORPORATION STOCK 580135101 15 300 SHARES X 4 300 0 0
MEDCO HEALTH COMMON
SOLUTIONS INC STOCK 58405U102 2 24 SHARES X 4 24 0 0
MERCK & CO INC COM COMMON
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MERRILL LYNCH & CO COMMON
INC STOCK 590188108 8 100 SHARES X 4 100 0 0
MICROSOFT CORP COMMON
STOCK 594918104 32 1100 SHARES X 4 1100 0 0
MORGAN STANLEY GROUP COMMON
INC STOCK 617446448 8 100 SHARES X 4 100 0 0
MOTOROLA INC COMMON
STOCK 620076109 3 150 SHARES X 4 150 0 0
NEWELL RUBBERMAID COMMON
INC COM STOCK 651229106 3 100 SHARES X 4 100 0 0
NOVELL INC COMMON
STOCK 670006105 9 1200 SHARES X 4 1200 0 0
ORACLE CORPORATION COMMON
COM STOCK 68389X105 17 850 SHARES X 4 850 0 0
PEPSICO INC COM COMMON
STOCK 713448108 10 150 SHARES X 4 150 0 0
PFIZER INC COMMON
STOCK 717081103 13 500 SHARES X 4 500 0 0
PIPER JAFFRAY COMMON
COMPANIES INC STOCK 724078100 0 4 SHARES X 4 4 0 0
PROCTER & GAMBLE CO COMMON
COM STOCK 742718109 18 295 SHARES X 4 295 0 0
RAYTHEON CO COM NEW COMMON
STOCK 755111507 11 200 SHARES X 4 200 0 0
SCHLUMBERGER LTD COMMON
STOCK 806857108 34 400 SHARES X 4 400 0 0
SYSCO CORP COMMON
STOCK 871829107 8 250 SHARES X 4 250 0 0
TEXAS INSTRUMENTS INC COMMON
STOCK 882508104 4 100 SHARES X 4 100 0 0
THE TRAVELERS COMMON
COMPANIES INC STOCK 89417E109 9 160 SHARES X 4 160 0 0
TOLL BROS INC COMMON
STOCK 889478103 10 400 SHARES X 4 400 0 0
U S BANCORP DEL COM COMMON
NEW STOCK 902973304 15 453 SHARES X 4 453 0 0
UNITED PARCEL COMMON
SERVICE CL B STOCK 911312106 11 150 SHARES X 4 150 0 0
VIACOM INC-CLASS B COMMON
STOCK 92553P201 4 100 SHARES X 4 100 0 0
WACHOVIA CORP COM COMMON
STOCK 929903102 5 100 SHARES X 4 100 0 0
WAL MART STORES INC COMMON
COM STOCK 931142103 14 300 SHARES X 4 300 0 0
WASHINGTON MUTUAL COM COMMON
STOCK 939322103 13 300 SHARES X 4 300 0 0
WELLS FARGO & CO COMMON
STOCK 949746101 7 200 SHARES X 4 200 0 0
WESTERN UNION COMPANY COMMON
STOCK 959802109 4 200 SHARES X 4 200 0 0
WYETH COMMON
STOCK 983024100 17 300 SHARES X 4 300 0 0
4052999 90579745
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