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      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>JANNEY 4585 LONG TERM</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>44713</GrossSalesPriceAmt>
        <BasisAmt>41360</BasisAmt>
        <TotalNetAmt>3353</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>JANNEY 6923 SHORT TERM</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>56090</GrossSalesPriceAmt>
        <BasisAmt>50479</BasisAmt>
        <TotalNetAmt>5611</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>JANNEY 6923 LONG TERM</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>40567</GrossSalesPriceAmt>
        <BasisAmt>30312</BasisAmt>
        <TotalNetAmt>10255</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>JANNEY 8835 SHORT TERM</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>109169</GrossSalesPriceAmt>
        <BasisAmt>76127</BasisAmt>
        <TotalNetAmt>33042</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>JANNEY 8835 LONG TERM</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>221118</GrossSalesPriceAmt>
        <BasisAmt>266645</BasisAmt>
        <TotalNetAmt>-45527</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>JANNEY 8835 LONG TERM</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>9332</GrossSalesPriceAmt>
        <BasisAmt>40586</BasisAmt>
        <TotalNetAmt>-31254</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>STIFEL 1397 SHORT TERM</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>947</GrossSalesPriceAmt>
        <BasisAmt>1035</BasisAmt>
        <TotalNetAmt>-88</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>STIFEL 1397 LONG TERM</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>5629</GrossSalesPriceAmt>
        <BasisAmt>5096</BasisAmt>
        <TotalNetAmt>533</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>STIFEL 4903 SHORT TERM</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>121388</GrossSalesPriceAmt>
        <BasisAmt>101758</BasisAmt>
        <TotalNetAmt>19630</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>STIFEL 4903 LONG TERM</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>60070</GrossSalesPriceAmt>
        <BasisAmt>41722</BasisAmt>
        <TotalNetAmt>18348</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>STIFEL 2729 SHORT TERM</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>100000</GrossSalesPriceAmt>
        <BasisAmt>100000</BasisAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>STIFEL 2729 LONG TERM</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>176226</GrossSalesPriceAmt>
        <BasisAmt>163755</BasisAmt>
        <SalesExpenseAmt>960</SalesExpenseAmt>
        <TotalNetAmt>11511</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>STIFEL 0389 SHORT TERM</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>3567</GrossSalesPriceAmt>
        <BasisAmt>4020</BasisAmt>
        <TotalNetAmt>-453</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>STIFEL 0389 LONG TERM</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>9885</GrossSalesPriceAmt>
        <BasisAmt>8817</BasisAmt>
        <TotalNetAmt>1068</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
    </GainLossSaleOtherAssetsSch>
    <InvestmentsOtherSchedule2 documentId="RetDoc4">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>MARKETABLE SECURITIES</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>1848451</BookValueAmt>
        <EOYFMVAmt>2076699</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <LegalFeesSchedule documentId="RetDoc5">
      <LegalFeesGrp>
        <CategoryTxt>INDIRECT LEGAL FEES</CategoryTxt>
        <LegalFeesAmt>24000</LegalFeesAmt>
        <NetInvestmentIncomeAmt>12000</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>12000</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>12000</DisbursementsCharitablePrpsAmt>
      </LegalFeesGrp>
    </LegalFeesSchedule>
    <OtherExpensesSchedule documentId="RetDoc6">
      <OtherExpensesScheduleGrp>
        <Desc>EXPENSES</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MANAGEMENT FEES 1397</Desc>
        <RevenueAndExpensesPerBooksAmt>499</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>499</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>499</AdjustedNetIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MANAGEMENT FEES 0389</Desc>
        <RevenueAndExpensesPerBooksAmt>636</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>636</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>636</AdjustedNetIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MANAGEMENT FEES 4903</Desc>
        <RevenueAndExpensesPerBooksAmt>1603</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1603</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>1603</AdjustedNetIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>ANNUAL LUNCHEON</Desc>
        <RevenueAndExpensesPerBooksAmt>2829</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>2829</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>NJ ANNUAL REPORT FEE</Desc>
        <RevenueAndExpensesPerBooksAmt>350</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>350</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="RetDoc7">
      <OtherIncomeDetail>
        <Desc>PNC 8746</Desc>
        <RevenueAndExpensesPerBooksAmt>90</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>90</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>90</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>K-1'S NET ROYALTIES</Desc>
        <RevenueAndExpensesPerBooksAmt>104</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>104</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>104</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>GUARANTEED PAYMENTS - K-1</Desc>
        <RevenueAndExpensesPerBooksAmt>1386</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1386</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>1386</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>STIFEL 2729</Desc>
        <RevenueAndExpensesPerBooksAmt>13933</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>13933</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>13933</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>K-1 SEC 1231 LOSS</Desc>
        <RevenueAndExpensesPerBooksAmt>-13</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>-13</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>-13</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>K-1-ORDINARY BUS INCOME</Desc>
        <RevenueAndExpensesPerBooksAmt>43</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>43</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>43</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>STIFEL 2729-DEFERRED INCOME</Desc>
        <RevenueAndExpensesPerBooksAmt>82</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>82</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>82</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>STIFEL 0389-DEFERRED INCOME</Desc>
        <RevenueAndExpensesPerBooksAmt>37</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>37</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>37</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <TaxesSchedule documentId="RetDoc8">
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES 0389</CategoryTxt>
        <Amt>28</Amt>
        <NetInvestmentIncomeAmt>28</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>28</AdjustedNetIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES STIFEL 1397</CategoryTxt>
        <Amt>15</Amt>
        <NetInvestmentIncomeAmt>15</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>15</AdjustedNetIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES STIFEL 4903</CategoryTxt>
        <Amt>7</Amt>
        <NetInvestmentIncomeAmt>7</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>7</AdjustedNetIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES JANNEY 6923</CategoryTxt>
        <Amt>39</Amt>
        <NetInvestmentIncomeAmt>39</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>39</AdjustedNetIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>