13F-HR 1 mcap123prrwd.txt FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2003 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Murphy Capital Management, Inc. Address: 123 Prospect Street Ridgewood, New Jersey 07450 Form 13F File Number : 28-03913 The 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 parts of this form. Person signing this report on behalf of Reporting Manager: Name: John J. Murphy Title: President Phone: 201-445-8366 Signature, Place, and Date of Signing: Ridgewood, NJ 07450 1/28/04 Report type(check one only): [x} 13F Holdings Report (Check here if all holdings of this reporting manager are reported in this report.) SUBMISSION INFORMATION FILE 1 TYPE 13HR 1 PERIOD 12/31/03 1 FILER CIK 0001056515 CCC g7@zjtun 4 FILER 1 SROS 4 NAME Jan Riina 4 PHONE 201-445-8366 FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers : 0 Form 13F Information Table Entry Total: 670 Form 13f Information Table Value Total (thousands) : $207,750 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. NONE FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2003 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Murphy Capital Management, Inc. Address: 123 Prospect Street Ridgewood, New Jersey 07450 Form 13F File Number : 28-03913 The 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 parts of this form. Person signing this report on behalf of Reporting Manager: Name: John J. Murphy Title: President Phone: 201-445-8366 Signature, Place, and Date of Signing: Ridgewood, NJ 07450 1/28/04 Report type(check one only): [x} 13F Holdings Report (Check here if all holdings of this reporting manager are reported in this report.) NAME OF ISSUER TITLE OF CLASS CUSIP VALUE(K)SH/P AMT S/PP/C INV DSCMANAGERS SOLE SHARED NONE AFLAC INC COMMON 1055102 8306 229585SH SOLE 1 0 0229585 AFN INC COM NEW 1057207 0 545SH SOLE 1 0 0 545 AGL RES INC COMMON 1204106 3 100SH SOLE 1 0 0 100 AMB PROPERTY CORP COMMON 00163T109 99 3000SH SOLE 1 0 0 3000 AMLI RESIDENTIAL PPTYS T SH BEN INT 1735109 268 10000SH SOLE 1 0 0 10000 AT&T CORP COM NEW 1957505 56 2750SH SOLE 1 1300 0 1450 ASB HLDG CO COMMON 00210H108 16 900SH SOLE 1 0 0 900 ABBOTT LABS COMMON 2824100 100 2150SH SOLE 1 0 0 2150 ABBEY NATL PLC PFD PERP SUB N 2920601 67 2500 SOLE 1 0 0 2500 ABBEY NATL PLC GDR 2920809 54 2000SH SOLE 1 0 0 2000 ABN AMRO PFD CAP FD V PFD $5.900 00372P203 27 1100 SOLE 1 0 0 1100 ABRAXAS PETE CORP COMMON 3830106 1 1000SH SOLE 1 0 0 1000 ACCREDITED HOME LENDRS H COMMON 00437P107 222 7250SH SOLE 1 0 0 7250 ACCREDO HEALTH INC COMMON 00437V104 9 300SH SOLE 1 0 0 300 ADOBE SYS INC COMMON 00724F101 12 300SH SOLE 1 0 0 300 ADVANCED SEMICONDUCTOR E DEPOSITORY RECEI 00756M404 5 1000SH SOLE 1 0 0 1000 ADVANCED NEUROMODULATION COMMON 00757T101 445 9675SH SOLE 1 0 0 9675 AETNA INC NEW COMMON 00817Y108 841 12450SH SOLE 1 0 0 12450 AETNA INC NEW CALL OPT JAN 3 00817Y108 34 500SH CALLSOLE 1 0 0 500 AFFYMETRIX INC COMMON 00826T108 28 1150SH SOLE 1 0 0 1150 AIR PRODS & CHEMS INC COMMON 9158106 335 6350SH SOLE 1 0 0 6350 AIRTRAN HLDGS INC COMMON 00949P108 5 400SH SOLE 1 0 0 400 EGG EGG 11309259 1 500SH SOLE 1 0 0 500 ALCIDE CORP COM NEW 13742507 1 100SH SOLE 1 0 0 100 ALCOA INC COMMON 13817101 917 24123SH SOLE 1 1300 0 22823 ALEXANDER & BALDWIN INC COMMON 14482103 277 8200SH SOLE 1 0 500 7700 ALLIANCE CAP MGMT HLDG L UNIT LTD PARTN 01855A101 34 1000SH 1 0 0 1000 ALLIANCE RES PARTNER L P UT LTD PART 01877R108 696 20230SH SOLE 1 0 0 20230 ALLIANT ENERGY CORP COMMON 18802108 240 9650SH SOLE 1 0 0 9650 ALLIED IRISH BKS P L C DEPOSITORY RECEI 19228402 13 400SH SOLE 1 0 0 400 HONEYWELL INTL INC CALL OPT JAN05 1 01951J9A5 17 500SH CALLSOLE 1 0 0 500 ALTRIA GROUP INC COMMON 02209S103 420 7723SH SOLE 1 1300 0 6423 AMAZON COM INC COMMON 23135106 276 5250SH SOLE 1 0 0 5250 AMAZON COM INC CALL OPT JAN05 2 02313Q9A0 27 500SH CALLSOLE 1 0 0 500 AMEREN CORP COMMON 23608102 7 160SH SOLE 1 0 0 160 AMERICAN ELEC PWR INC COMMON 25537101 128 4190SH SOLE 1 0 0 4190 AMERICAN EXPRESS CO COMMON 25816109 1529 31703SH SOLE 1 1300 0 30403 AMERICAN GEN CAP I TOPRS 7.875%48 02638N105 26 1000 SOLE 1 0 0 1000 AMERICAN INTL GROUP INC COMMON 26874107 1463 22073SH SOLE 1 0 0 22073 AMERICAN PWR CONVERSION COMMON 29066107 12 500SH SOLE 1 0 0 500 AMERICAN STD COS INC DEL COMMON 29712106 121 1200SH SOLE 1 0 0 1200 AMERON INTL INC COMMON 30710107 49 1400SH SOLE 1 0 0 1400 AMERITRADE HLDG CORP NEW COMMON 03074K100 7 500SH SOLE 1 0 0 500 AMGEN INC COMMON 31162100 937 15167SH SOLE 1 0 2400 12767 AMSOUTH BANCORPORATION COMMON 32165102 21 875SH SOLE 1 0 0 875 ANADARKO PETE CORP COMMON 32511107 10 200SH SOLE 1 0 0 200 ANALOG DEVICES INC COMMON 32654105 5 100SH SOLE 1 0 0 100 ANHEUSER BUSCH COS INC COMMON 35229103 1857 35250SH SOLE 1 0 0 35250 ANNALY MTG MGMT INC COMMON 35710409 79 4295SH SOLE 1 0 0 4295 ANTHEM INC COMMON 03674B104 23 300SH SOLE 1 0 0 300 APACHE CORP COMMON 37411105 441 5443SH SOLE 1 0 0 5443 APARTMENT INVT & MGMT CO CL A 03748R101 10 300SH SOLE 1 0 0 300 APOLLO GROUP INC CL A 37604105 41 600SH SOLE 1 0 0 600 APPLE COMPUTER INC COMMON 37833100 6 300SH SOLE 1 0 0 300 PE CORP CELAERA GEN COM CE GEN GRP 38020202 4 300SH SOLE 1 0 0 300 APPLIED MATLS INC COMMON 38222105 31 1400SH SOLE 1 0 0 1400 ARCH COAL INC COMMON 39380100 65 2100SH SOLE 1 0 0 2100 ARROW ELECTRS INC COMMON 42735100 7 300SH SOLE 1 0 0 300 ASSURE ENERGY INC COMMON 04621U104 1 300SH SOLE 1 0 0 300 ASTRAZENECA PLC DEPOSITORY RECEI 46353108 19 400SH SOLE 1 0 0 400 ATMEL CORP COMMON 49513104 9 1500SH SOLE 1 0 0 1500 ATMOS ENERGY CORP COMMON 49560105 10 400SH SOLE 1 0 0 400 AULT INC COMMON 51503100 3 1000SH SOLE 1 0 0 1000 AUTOLIV INC COMMON 52800109 83 2200SH SOLE 1 0 0 2200 AUTOMATIC DATA PROCESSIN COMMON 53015103 20 500SH SOLE 1 0 0 500 AUTOZONE INC COMMON 53332102 81 950SH SOLE 1 0 0 950 AVANT IMMUNOTHERAPEUTICS COMMON 53491106 0 100SH SOLE 1 0 0 100 AVAYA INC COMMON 53499109 14 1100SH SOLE 1 0 0 1100 AVENTIS DEPOSITORY RECEI 53561106 144 2175SH SOLE 1 0 0 2175 AVON PRODS INC COMMON 54303102 25 367SH SOLE 1 0 0 367 BB&T CORP COMMON 54937107 135 3495SH SOLE 1 0 0 3495 BAC CAP TR IV CAP SECS 5.875% 55185201 24 950 SOLE 1 0 0 950 BAC CAP TR II GTD CAP SECS % 55188205 161 6000 SOLE 1 0 0 6000 BAC CAP TR III CAP SEC GTD 7% 5.52E+205 134 5000 SOLE 1 0 0 5000 BCB BANCORP INC COMMON 55298103 21 1000SH SOLE 1 0 0 1000 BP PLC DEPOSITORY RECEI 55622104 632 12809SH SOLE 1 0 0 12809 BALL CORP COMMON 58498106 69 1150SH SOLE 1 0 0 1150 BALLARD PWR SYS INC COMMON 05858H104 1 100SH SOLE 1 0 0 100 BANK OF AMERICA CORP COMMON 60505104 483 6000SH SOLE 1 0 0 6000 BANK NEW YORK INC COMMON 64057102 157 4736SH SOLE 1 0 0 4736 BANK ONE CORP COMMON 06423A103 91 2000SH SOLE 1 0 0 2000 BANKNORTH GROUP INC NEW COMMON 06646R107 3 100SH SOLE 1 0 0 100 BARD C R INC COMMON 67383109 260 3200SH SOLE 1 0 0 3200 BARCLAYS PLC DEPOSITORY RECEI 6.74E+207 67 1850SH SOLE 1 0 0 1850 BARR PHARMACEUTICALS INC COMMON 68306109 8 100SH SOLE 1 0 0 100 BAXTER INTL INC COMMON 71813109 43 1400SH SOLE 1 0 0 1400 BECKMAN COULTER INC COMMON 75811109 137 2700SH SOLE 1 0 0 2700 BECTON DICKINSON & CO COMMON 75887109 78 1900SH SOLE 1 0 0 1900 BED BATH & BEYOND INC COMMON 75896100 214 4930SH SOLE 1 0 0 4930 BELLSOUTH CORP COMMON 79860102 470 16625SH SOLE 1 0 0 16625 BERKSHIRE HATHAWAY INC D CL B 84670207 1070 380SH SOLE 1 0 10 370 BIO RAD LABS INC CL A 90572207 32 550SH SOLE 1 0 0 550 BIOMET INC COMMON 90613100 16 450SH SOLE 1 0 0 450 BIOGEN IDEC INC COMMON 09062X103 29 800SH SOLE 1 0 0 800 BIOTECH HOLDERS TR DEPOSTRY RCPTS 09067D201 622 4600SH SOLE 1 200 0 4400 BIOTECH HOLDERS TR CALL OPT JAN04 7 09067D201 68 500SH CALLSOLE 1 0 0 500 BLACK & DECKER CORP COMMON 91797100 162 3275SH SOLE 1 0 0 3275 BLAIR CORP COMMON 92828102 24 1000SH SOLE 1 0 0 1000 BNY CAP IV PFD TR E6.875% 09656G201 67 2650 SOLE 1 0 0 2650 BNY CAP V PFD TR F 5.95% 09656H209 13 500 SOLE 1 0 0 500 BOEING CO COMMON 97023105 461 10950SH SOLE 1 1300 0 9650 BOMBARDIER INC CL B 97751200 7 1600SH SOLE 1 0 0 1600 BOSTON PROPERTIES INC COMMON 101121101 51 1050SH SOLE 1 0 0 1050 BOSTON SCIENTIFIC CORP COMMON 101137107 855 23250SH SOLE 1 0 0 23250 BOWATER INC COMMON 102183100 417 9000SH SOLE 1 0 0 9000 BRIGGS & STRATTON CORP COMMON 109043109 388 5750SH SOLE 1 0 0 5750 BRIGHT HORIZON FAMILY SO COMMON 109195107 4 100SH SOLE 1 0 0 100 BRINKS CO COMMON 109696104 24 1050SH SOLE 1 0 0 1050 BRISTOL MYERS SQUIBB CO COMMON 110122108 389 13600SH SOLE 1 0 0 13600 BRUSH ENGINEERED MATLS I COMMON 117421107 146 9550SH SOLE 1 0 0 9550 BUCKEYE PARTNERS L P UNIT LTD PARTN 118230101 68 1500SH SOLE 1 0 0 1500 BURLINGTON RES INC COMMON 122014103 61 1100SH SOLE 1 0 0 1100 CBL & ASSOC PPTYS INC COMMON 124830100 283 5000SH SOLE 1 0 0 5000 C H ROBINSON WORLDWIDE I COMMON 12541W100 40 1050SH SOLE 1 0 0 1050 CLECO CORP NEW COMMON 12561W105 11 600SH SOLE 1 0 0 600 CMGI INC COMMON 125750109 1 300SH SOLE 1 0 0 300 CNOOC LTD DEPOSITORY RECEI 126132109 140 3500SH SOLE 1 0 0 3500 CSX CORP COMMON 126408103 318 8850SH SOLE 1 0 0 8850 CABLE & WIRELESS PUB LTD DEPOSITORY RECEI 126830207 4 500SH SOLE 1 0 0 500 CADBURY SCHWEPPES DEL L PFD QIPS8.625% 127207207 106 4100 SOLE 1 0 0 4100 CADENCE DESIGN SYSTEM IN COMMON 127387108 27 1500SH SOLE 1 0 0 1500 CAMBIOR INC COMMON 13201L103 2 500SH SOLE 1 0 0 500 CANADIAN NATL RY CO COMMON 136375102 177 2800SH SOLE 1 0 0 2800 CANADIAN PAC RY LTD COMMON 13645T100 51 1800SH SOLE 1 0 0 1800 CANON INC DEPOSITORY RECEI 138006309 5 100SH SOLE 1 0 0 100 CARDINAL HEALTH INC COMMON 14149Y108 6 100SH SOLE 1 0 0 100 CASCADE NAT GAS CORP COMMON 147339105 23 1100SH SOLE 1 0 0 1100 CATELLUS DEV CORP NEW COMMON 149113102 7 300SH SOLE 1 0 0 300 CATERPILLAR INC DEL COMMON 149123101 2678 32255SH SOLE 1 1300 0 30955 CEDAR FAIR L P DEPOSITRY UNIT 150185106 55 1800SH SOLE 1 0 0 1800 CELGENE CORP COMMON 151020104 2 50SH SOLE 1 0 0 50 CELSION CORPORATION COMMON 15117N107 26 20000SH SOLE 1 0 0 20000 CENDANT CORP COMMON 151313103 11 500SH SOLE 1 0 0 500 CENTRAL VT PUB SVC CORP COMMON 155771108 248 10550SH SOLE 1 0 0 10550 CENTURYTEL INC CORP UN 6.875% 156700403 274 10150 SOLE 1 0 0 10150 CHARTER ONE FINL INC COMMON 160903100 173 5001SH SOLE 1 0 0 5001 CHARTERMAC SH BEN INT 160908109 11 500SH SOLE 1 0 0 500 CHASE CAP V CAP SEC E7.03% 161479209 50 2000 SOLE 1 0 0 2000 CHESAPEAKE CORP COMMON 165159104 7 250SH SOLE 1 0 0 250 CHEVRONTEXACO CORP COMMON 166764100 1903 22032SH SOLE 1 0 0 22032 CHICOS FAS INC COMMON 168615102 11 300SH SOLE 1 0 0 300 CHINA AUTOMOTIVE SYS INC COMMON 16936R105 3 200SH SOLE 1 0 0 200 CHINA LIFE INS CO LTD DEPOSITORY RECEI 16939P106 10 300SH SOLE 1 0 0 300 CHINA TELECOM CORP LTD DEPOSITORY RECEI 169426103 204 5000SH SOLE 1 0 0 5000 CHUBB CORP COMMON 171232101 632 9275SH SOLE 1 0 0 9275 CHUBB CORP CALL OPT JAN 4 171232101 34 500SH CALLSOLE 1 0 0 500 CISCO SYS INC COMMON 17275R102 1335 55100SH SOLE 1 0 0 55100 CINTAS CORP COMMON 172908105 63 1250SH SOLE 1 0 0 1250 CITIGROUP INC COMMON 172967101 5493 113163SH SOLE 1 1300 0111863 CITIGROUP CAP VI TRUPS 6.875% 17305L208 51 2000 SOLE 1 0 0 2000 CITIGROUP CAP IX PFD TR 6.00% 173066200 160 6300 SOLE 1 0 0 6300 CITIGROUP CAPITAL VII TRUPS 7.125% 17306N203 160 6000 SOLE 1 0 0 6000 CLARCOR INC COMMON 179895107 93 2100SH SOLE 1 0 0 2100 CLEAR CHANNEL COMMUNICAT COMMON 184502102 304 6500SH SOLE 1 0 0 6500 CLOROX CO DEL COMMON 189054109 216 4450SH SOLE 1 0 0 4450 COCA COLA CO COMMON 191216100 3501 68983SH SOLE 1 1200 0 67783 COLGATE PALMOLIVE CO COMMON 194162103 935 18690SH SOLE 1 0 0 18690 COLONIAL COML CORP COM NEW 195621404 7 8300SH SOLE 1 0 0 8300 CITIGROUP INC CALL OPT JAN04 1 1K699W9A0 51 1000SH CALLSOLE 1 0 0 1000 COMCAST CORP NEW CL A 20030N101 469 14291SH SOLE 1 0 0 14291 COMCAST CORP NEW CL A SPL 20030N200 3 100SH SOLE 1 0 0 100 COMMERCE BANCORP INC NJ COMMON 200519106 11 200SH SOLE 1 0 0 200 COMPUTER SCIENCES CORP COMMON 205363104 9 200SH SOLE 1 0 0 200 CONAGRA FOODS INC COMMON 205887102 38 1430SH SOLE 1 0 0 1430 CONNECTICUT BANCSHARES I COMMON 207540105 62 1200SH SOLE 1 0 0 1200 CONOCOPHILLIPS COMMON 20825C104 278 4233SH SOLE 1 0 0 4233 CONSOL ENERGY INC COMMON 20854P109 78 3000SH SOLE 1 0 0 3000 CONSOLIDATED EDISON CO N PFD $5 209111707 19 200 SOLE 1 0 0 200 CONSOLIDATED EDISON INC COMMON 209115104 963 22400SH SOLE 1 0 0 22400 CONSOLIDATED EDISON INC PINES 7.25% 42 209115203 104 3800 SOLE 1 0 0 3800 CONVERIUM HLDG AG DEPOSITORY RECEI 21248N107 13 500SH SOLE 1 0 0 500 CORNING INC COMMON 219350105 28 2700SH SOLE 1 0 0 2700 CORPORATE BACKED TR CTFS 02-17 6.125%45 21988G353 26 1000 SOLE 1 0 0 1000 CORPORATE BACKED TR CTFS SER 1-19 9% 21988G742 3 150 SOLE 1 0 0 150 CORPORATE EXECUTIVE BRD COMMON 21988R102 173 3700SH SOLE 1 0 0 3700 CORRECTIONAL PPTYS TR COMMON 2.20E+108 6 200SH SOLE 1 0 0 200 CORTS TR IBM DEBS CORTS 7.125% 22081A202 40 1500 SOLE 1 0 0 1500 CORTS TR II IBM DEBS CORTS 7.125% 22081D206 8 300 SOLE 1 0 0 300 CORTS TR III IBM DEBS CORTS 7.20% 22081Q207 31 1150 SOLE 1 0 0 1150 COSTCO WHSL CORP NEW COMMON 22160K105 573 15400SH SOLE 1 0 0 15400 COSTAR GROUP INC COMMON 22160N109 21 500SH SOLE 1 0 0 500 COUSINS PPTYS INC COMMON 222795106 213 6950SH SOLE 1 0 0 6950 COX COMMUNICATIONS INC N CL A 224044107 382 11100SH SOLE 1 0 0 11100 CP SHIPS LTD COMMON 22409V102 5 250SH SOLE 1 0 0 250 CRANE CO COMMON 224399105 12 400SH SOLE 1 0 0 400 CUBIC CORP COMMON 229669106 5 200SH SOLE 1 0 0 200 CUMMINS INC COMMON 231021106 50 1025SH SOLE 1 0 0 1025 CYPRESS SEMICONDUCTOR CO COMMON 232806109 49 2300SH SOLE 1 0 0 2300 DPL INC COMMON 233293109 21 1012SH 1 0 0 1012 DTE ENERGY CO COMMON 233331107 57 1450SH SOLE 1 0 0 1450 DANA CORP COMMON 235811106 83 4520SH SOLE 1 0 0 4520 DANAHER CORP DEL COMMON 235851102 91 990SH SOLE 1 0 0 990 DAVITA INC COMMON 23918K108 78 2000SH SOLE 1 0 0 2000 DEERE & CO COMMON 244199105 75 1150SH SOLE 1 0 0 1150 DELL INC COMMON 24702R101 92 2700SH SOLE 1 0 0 2700 DEVON ENERGY CORP NEW COMMON 25179M103 34 600SH SOLE 1 0 0 600 DIAMOND OFFSHORE DRILLIN COMMON 25271C102 349 17000SH SOLE 1 0 0 17000 DIAMONDS TR UNIT SER 1 252787106 2133 20395SH SOLE 1 500 0 19895 DIEBOLD INC COMMON 253651103 5 100SH SOLE 1 0 0 100 DISNEY WALT CO COM DISNEY 254687106 1161 49764SH SOLE 1 1300 0 48464 DOMINION RES INC VA NEW COMMON 25746U109 1241 19450SH SOLE 1 0 0 19450 DONALDSON INC COMMON 257651109 15 250SH SOLE 1 0 0 250 DOW CHEM CO COMMON 260543103 1283 30875SH SOLE 1 0 0 30875 DU PONT E I DE NEMOURS & COMMON 263534109 2556 55693SH SOLE 1 1300 500 53893 DUKE ENERGY CORP COMMON 264399106 22 1100SH SOLE 1 0 0 1100 DUKE REALTY CORP COM NEW 264411505 99 3200SH SOLE 1 0 0 3200 E M C CORP MASS COMMON 268648102 28 2200SH SOLE 1 0 0 2200 E TRADE FINANCIAL CORP COMMON 269246104 13 1000SH SOLE 1 0 0 1000 EARTHLINK INC COMMON 270321102 15 1500SH SOLE 1 0 0 1500 EASTMAN KODAK CO COMMON 277461109 41 1600SH SOLE 1 1300 0 300 EBAY INC COMMON 278642103 103 1600SH SOLE 1 0 0 1600 EDUCATION MGMT CORP COMMON 28139T101 3 100SH SOLE 1 0 0 100 EDWARDS LIFESCIENCES COR COMMON 2.82E+112 3 100SH SOLE 1 0 0 100 ELECTRONIC ARTS INC COMMON 285512109 130 2735SH SOLE 1 0 0 2735 EMBRAER-EMPRESA BRASILEI DEPOSITORY RECEI 29081M102 18 500SH SOLE 1 0 0 500 EMERSON ELEC CO COMMON 291011104 3734 57675SH SOLE 1 0 0 57675 EMULEX CORP COM NEW 292475209 16 600SH SOLE 1 0 0 600 ENCANA CORP COMMON 292505104 27 684SH SOLE 1 0 0 684 ENDESA S A DEPOSITORY RECEI 29258N107 10 500SH SOLE 1 0 0 500 ENERGY EAST CORP COMMON 29266M109 43 1900SH SOLE 1 0 0 1900 ENERPLUS RES FD UNIT TR G NEW 29274D604 352 11550SH SOLE 1 0 0 11550 ENGINEERED SUPPORT SYS I COMMON 292866100 66 1200SH SOLE 1 0 0 1200 ENTERGY ARK INC 1ST MTG SER 6% 29364D795 3 100 SOLE 1 0 0 100 ENTERGY MISS INC MTG 1ST BDS 6% 29364N876 3 100 SOLE 1 0 0 100 ENTERPRISES CAP TR I TOPRS A 7.44% 293701207 10 400 SOLE 1 0 0 400 ENTERPRISE PRODS PARTNER COMMON 293792107 368 15000SH SOLE 1 0 0 15000 ENTREMED INC COMMON 29382F103 3 1000SH SOLE 1 0 0 1000 ENVOY COMMUNICATIONS GRO COMMON 293986105 1 1000SH SOLE 1 0 0 1000 EQUIFAX INC COMMON 294429105 56 2300SH SOLE 1 0 0 2300 EQUITABLE RES INC COMMON 294549100 43 1000SH SOLE 1 0 0 1000 EQUITY OFFICE PROPERTIES COMMON 294741103 86 3000SH SOLE 1 0 0 3000 EQUITY OFFICE PROPERTIES PFD G 7.75% 294741871 27 1000 SOLE 1 0 0 1000 ERICSSON L M TEL CO DEPOSITORY RECEI 294821608 7 400SH SOLE 1 0 0 400 ESCO TECHNOLOGIES INC COMMON 296315104 39 900SH SOLE 1 0 0 900 EXELON CORP COMMON 30161N101 20 305SH 1 0 0 305 EXXON MOBIL CORP COMMON 30231G102 6588 160676SH SOLE 1 1300 0159376 FNB CORP PA COMMON 302520101 188 5300SH SOLE 1 0 0 5300 FPL GROUP INC COMMON 302571104 150 2300SH SOLE 1 0 0 2300 FTI CONSULTING INC COMMON 302941109 22 950SH SOLE 1 0 0 950 FAIR ISAAC CORP COMMON 303250104 138 2800SH SOLE 1 0 0 2800 FEDERAL HOME LN MTG CORP COMMON 313400301 23 400SH SOLE 1 0 0 400 FEDERAL NATL MTG ASSN COMMON 313586109 26 350SH SOLE 1 0 0 350 FEDERAL REALTY INVT TR SH BEN INT NEW 313747206 104 2700SH SOLE 1 0 0 2700 FEDEX CORP COMMON 31428X106 34 500SH SOLE 1 0 0 500 FIFTH THIRD BANCORP COMMON 316773100 363 6150SH SOLE 1 0 500 5650 FINISH LINE INC CL A 317923100 12 400SH SOLE 1 0 0 400 FIRST DATA CORP COMMON 319963104 206 5018SH SOLE 1 0 0 5018 FIRST FINL BANCORP OH COMMON 320209109 187 11717SH SOLE 1 0 0 11717 FIRST HEALTH GROUP CORP COMMON 320960107 10 500SH SOLE 1 0 0 500 FIRST SENTINEL BANCORP I COMMON 33640T103 10 450SH SOLE 1 0 0 450 FIRSTENERGY CORP COMMON 337932107 18 500SH 1 0 0 500 FLAMEL TECHNOLOGIES SA DEPOSITORY RECEI 338488109 27 1000SH SOLE 1 0 0 1000 FLEETBOSTON FINL CORP COMMON 339030108 33 765SH SOLE 1 0 0 765 FLUOR CORP NEW COMMON 343412102 4 100SH SOLE 1 0 0 100 FORD MTR CO CAP TR II PFD TR CV6.5% 345395206 84 1500SH SOLE 1 0 0 1500 FOREST CITY ENTERPRISES CL A 345550107 100 2100SH SOLE 1 0 0 2100 FOREST LABS INC COMMON 345838106 445 7200SH SOLE 1 0 0 7200 FORTIS NL DEPOSITORY RECEI 34956J309 31 1518SH SOLE 1 0 0 1518 FORTUNE BRANDS INC COMMON 349631101 311 4350SH SOLE 1 0 0 4350 FOUNDRY NETWORKS INC COMMON 35063R100 25 900SH SOLE 1 0 0 900 FOX ENTMT GROUP INC CL A 35138T107 23 800SH SOLE 1 0 0 800 FREEPORT-MCMORAN COPPER CL B 35671D857 25 600SH SOLE 1 0 0 600 GALLAGHER ARTHUR J & CO COMMON 363576109 16 500SH SOLE 1 0 0 500 GALLAHER GROUP PLC DEPOSITORY RECEI 363595109 4 100SH SOLE 1 0 0 100 GANNETT INC COMMON 364730101 45 500SH 1 0 500 0 GENENTECH INC COM NEW 368710406 56 600SH SOLE 1 0 0 600 GENERAL DYNAMICS CORP COMMON 369550108 334 3700SH SOLE 1 0 0 3700 GENERAL ELEC CO COMMON 369604103 6369 205600SH SOLE 1 1300 1000203300 GENERAL ELECTRIC CO CALL OPT JAN 1 369604103 31 1000SH CALLSOLE 1 0 0 1000 GENERAL ELEC CAP CORP NT 5.875%2033 369622493 97 3750 SOLE 1 0 0 3750 GENERAL ELEC CAP CORP PINES 6.1% 32 369622519 8 300 SOLE 1 0 0 300 GENERAL ELECTRIC PINES 6.625% 369622527 112 4200 SOLE 1 0 0 4200 GENERAL GROWTH PPTYS INC COMMON 370021107 212 7650SH SOLE 1 0 0 7650 GENERAL MLS INC COMMON 370334104 852 18800SH SOLE 1 0 0 18800 GENERAL MTRS ACCEP CORP SR NT 7.35 370425308 21 800 SOLE 1 0 0 800 GENERAL MTRS CORP COMMON 370442105 91 1700SH SOLE 1 1300 0 400 GENERAL MTRS CORP NT SR 7.25%52 370442758 26 1000 SOLE 1 0 0 1000 GENERAL MTRS CORP SR NT7.375% 51 370442766 16 600 SOLE 1 0 0 600 GENERAL MTRS CORP QUIDS 7.25% 41 370442816 26 1000 SOLE 1 0 0 1000 GENERAL MOTORS CORP PUT OPT JAN 3 370442105 53 1000SH PUT SOLE 1 0 0 1000 GEORGIA PAC CORP COMMON 373298108 90 2922SH SOLE 1 0 0 2922 GEORGIA PWR CAP TR PFD TR V7.125% 37333R308 54 2000 SOLE 1 0 0 2000 GETTY IMAGES INC COMMON 374276103 43 850SH SOLE 1 0 0 850 GILEAD SCIENCES INC COMMON 375558103 137 2350SH SOLE 1 0 0 2350 GILLETTE CO COMMON 375766102 327 8900SH SOLE 1 0 0 8900 GLAXOSMITHKLINE PLC DEPOSITORY RECEI 37733W105 1146 24571SH SOLE 1 0 0 24571 GLOBAL IMAGING SYSTEMS COMMON 37934A100 105 3300SH SOLE 1 0 0 3300 GOLDMAN SACHS GROUP INC COMMON 38141G104 464 4700SH SOLE 1 0 0 4700 GREAT LAKES CHEM CORP COMMON 390568103 137 5050SH SOLE 1 0 0 5050 GREAT LAKES REIT INC COMMON 390752103 22 1400SH SOLE 1 0 0 1400 GREAT NORTHN IRON ORE PP CTFS BEN INT 391064102 46 500SH SOLE 1 0 0 500 GREAT PLAINS ENERGY INC COMMON 391164100 151 4750SH SOLE 1 0 0 4750 GREENPOINT FINL CORP COMMON 395384100 43 1208SH SOLE 1 0 0 1208 GUITAR CTR MGMT INC COMMON 402040109 7 200SH SOLE 1 0 0 200 GULFTERRA ENERGY PARTNER COMMON 40274U108 217 5100SH SOLE 1 0 0 5100 HCA INC COMMON 404119109 4 100SH SOLE 1 0 0 100 HAMILTON BIOPHILE COS COM NEW 40701P201 0 375SH SOLE 1 0 0 375 HANCOCK JOHN FINL SVCS I COMMON 41014S106 6 150SH SOLE 1 0 0 150 HARLEY DAVIDSON INC COMMON 412822108 185 3900SH SOLE 1 0 0 3900 HARMAN INTL INDS INC COMMON 413086109 7 100SH SOLE 1 0 0 100 HARRIS CORP DEL COMMON 413875105 237 6250SH SOLE 1 0 0 6250 HARRIS PFD CAP CORP PFD EXCH A 414567206 10 400 SOLE 1 0 0 400 HARTFORD FINL SVCS GROUP COMMON 416515104 192 3250SH SOLE 1 0 0 3250 HAWAIIAN ELEC INDUSTRIES COMMON 419870100 52 1100SH SOLE 1 0 0 1100 HEALTH CARE PPTY INVS IN COMMON 421915109 8 150SH SOLE 1 0 0 150 HEINZ H J CO COMMON 423074103 139 3804SH SOLE 1 0 0 3804 HERSHEY FOODS CORP COMMON 427866108 671 8720SH SOLE 1 0 0 8720 HEWLETT PACKARD CO COMMON 428236103 657 28600SH SOLE 1 1300 1000 26300 HITACHI LIMITED DEPOSITORY RECEI 433578507 363 6050SH SOLE 1 0 0 6050 HOME DEPOT INC COMMON 437076102 818 23061SH SOLE 1 1300 700 21061 HONDA MOTOR LTD DEPOSITORY RECEI 438128308 9 400SH SOLE 1 0 0 400 HONEYWELL INTL INC COMMON 438516106 2185 65375SH SOLE 1 1300 0 64075 HONEYWELL INTL INC CALL OPT JAN 1 438516106 17 500SH CALLSOLE 1 0 0 500 HOWARD SAVINGS COMMON 442765103 1 4000SH SOLE 1 0 0 4000 HUANENG PWR INTL INC DEPOSITORY RECEI 443304100 111 1600SH SOLE 1 0 0 1600 HUDSON CITY BANCORP COMMON 443683107 80 2100SH SOLE 1 0 0 2100 HUMAN GENOME SCIENCES IN COMMON 444903108 3 200SH SOLE 1 0 0 200 IDX SYS CORP COMMON 449491109 56 2100SH SOLE 1 0 0 2100 ITT INDS INC IND COMMON 450911102 460 6200SH SOLE 1 0 500 5700 ILLINOIS TOOL WKS INC COMMON 452308109 1219 14525SH SOLE 1 0 0 14525 IMPATH INC COMMON 45255G101 1 200SH SOLE 1 0 0 200 IMPERIAL OIL LTD COM NEW 453038408 242 5450SH SOLE 1 0 0 5450 INCO LTD COMMON 453258402 313 7850SH SOLE 1 0 0 7850 INDEPENDENCE CMNTY BK CO COMMON 453414104 5 150SH SOLE 1 0 0 150 ING GROUP N V DEPOSITORY RECEI 456837103 42 1808SH SOLE 1 0 0 1808 ING GROUP N V PFD 7.05% 456837202 155 5800 SOLE 1 0 0 5800 ING GROUP N V PFD PERP DBT % 456837301 98 3600 SOLE 1 0 0 3600 INKINE PHARMACEUTICALS I COMMON 457214104 5 1000SH SOLE 1 0 0 1000 INSIGHT ENTERPRISES INC COMMON 45765U103 9 500SH SOLE 1 0 0 500 INTEL CORP COMMON 458140100 3978 124111SH SOLE 1 1400 0122711 INTERNATIONAL BUSINESS M COMMON 459200101 8190 88373SH SOLE 1 1400 400 86573 INTERNATIONAL PAPER CAP CAP SEC 7.875% 460140205 25 1000 SOLE 1 0 0 1000 INTL PAPER CO COMMON 460146103 550 12763SH SOLE 1 1300 0 11463 IPASS INC COMMON 46261V108 2 100SH SOLE 1 0 0 100 ISHARES TR RUSSELL 2000 464287655 55 500SH SOLE 1 500 0 0 ISHARES TR DJ US TECH SEC 464287721 49 1000SH SOLE 1 0 0 1000 I2 TECHNOLOGIES INC COMMON 465754109 2 1450SH SOLE 1 0 0 1450 JDS UNIPHASE CORP COMMON 46612J101 7 1800SH SOLE 1 0 0 1800 JP MORGAN CHASE CAP X PFD TR SECS 7% 46623D200 27 1000 SOLE 1 0 0 1000 J P MORGAN CHASE & CO COMMON 46625H100 2045 55690SH SOLE 1 1200 0 54490 J P MORGAN CHASE & CO CALL OPT JAN 1 46625H100 18 500SH CALLSOLE 1 0 0 500 J P MORGAN CHASE CAP XI PFD K 5.875% 46626V207 110 4500 SOLE 1 0 0 4500 J P MORGAN CHASE CAP XII PFD TR 6.250% 46626X203 13 500 SOLE 1 0 0 500 JEFFERSON PILOT CORP COMMON 475070108 8 150SH SOLE 1 0 0 150 JOHNSON & JOHNSON COMMON 478160104 5066 98070SH SOLE 1 1300 0 96770 JUNIPER NETWORKS INC COMMON 48203R104 2 100SH SOLE 1 0 0 100 KT CORP DEPOSITORY RECEI 48268K101 8 400SH SOLE 1 0 0 400 KANEB PIPE LINE PARTNERS SR PREF UNIT 484169107 216 4245SH SOLE 1 0 0 4245 KAYDON CORP COMMON 486587108 85 3300SH SOLE 1 0 0 3300 KELLOGG CO COMMON 487836108 137 3600SH SOLE 1 0 0 3600 KERR MCGEE CORP COMMON 492386107 102 2200SH SOLE 1 0 0 2200 KEYCORP NEW COMMON 493267108 23 800SH SOLE 1 0 0 800 KEYSPAN CORP COMMON 49337W100 865 23500SH SOLE 1 0 0 23500 KIMBERLY CLARK CORP COMMON 494368103 1972 33375SH SOLE 1 0 600 32775 KIMCO REALTY CORP COMMON 49446R109 911 20365SH SOLE 1 0 0 20365 KINDER MORGAN ENERGY PAR UT LTD PARTNER 494550106 785 15940SH SOLE 1 0 0 15940 KINDER MORGAN INC KANS COMMON 49455P101 6 100SH SOLE 1 0 0 100 INTERNATIONAL BUS MACH CALL OPT JAN 4 4E399W9A4 46 500SH CALLSOLE 1 0 0 500 KONINKLIJKE PHILIPS ELEC DEPOSITORY RECEI 500472303 212 7291SH SOLE 1 0 0 7291 KRAFT FOODS INC CL A 50075N104 64 2000SH SOLE 1 0 0 2000 KROLL INC COMMON 501049100 5 200SH SOLE 1 0 0 200 L-3 COMMUNICATIONS HLDGS COMMON 502424104 184 3575SH SOLE 1 0 0 3575 LACLEDE GROUP INC COMMON 505597104 13 450SH SOLE 1 0 0 450 LAUDER ESTEE COS INC CL A 518439104 20 500SH SOLE 1 0 0 500 LEAR CORP COMMON 521865105 64 1050SH SOLE 1 0 0 1050 LEAPFROG ENTERPRISES INC CL A 52186N106 3 100SH SOLE 1 0 0 100 LENNAR CORP CALL OPT FEB 6 526057104 48 500SH CALLSOLE 1 0 0 500 LEXMARK INTL NEW CL A 529771107 47 600SH SOLE 1 0 0 600 AT&T LIB GRP A COM SER A 530718105 17 1400SH SOLE 1 0 0 1400 LIBERTY PPTY TR SH BEN INT 531172104 70 1800SH SOLE 1 0 0 1800 LILLY ELI & CO COMMON 532457108 1340 19050SH SOLE 1 0 0 19050 LINEAR TECHNOLOGY CORP COMMON 535678106 4 100SH SOLE 1 0 0 100 LITTLEFIELD CORP COMMON 537590101 1 1000SH SOLE 1 0 0 1000 LOCKHEED MARTIN CORP COMMON 539830109 227 4425SH SOLE 1 0 0 4425 LOWES COS INC COMMON 548661107 1725 31150SH SOLE 1 0 0 31150 LUCENT TECHNOLOGIES INC COMMON 549463107 32 11325SH SOLE 1 0 0 11325 MBIA INC COMMON 55262C100 148 2500SH SOLE 1 0 0 2500 MBNA CORP COMMON 55262L100 10 400SH SOLE 1 0 0 400 MFA MTG INVTS INC COMMON 55272X102 15 1500SH SOLE 1 0 0 1500 MACK CALI RLTY CORP COMMON 554489104 33 800SH SOLE 1 0 0 800 MAGELLAN MIDSTREAM PRTNR COM UNIT RP LP 559080106 150 3000SH SOLE 1 0 0 3000 MANPOWER INC COMMON 56418H100 9 200SH SOLE 1 0 0 200 MARSH & MCLENNAN COS INC COMMON 571748102 375 7825SH SOLE 1 0 0 7825 MARTHA STEWART LIVING OM CL A 573083102 2 200SH SOLE 1 0 0 200 MCDONALDS CORP COMMON 580135101 145 5850SH SOLE 1 1300 0 4550 MCGRAW HILL COS INC COMMON 580645109 752 10750SH SOLE 1 0 500 10250 MEDCO HEALTH SOLUTIONS I COMMON 58405U102 430 12654SH SOLE 1 0 0 12654 MEDIA GEN INC CL A 584404107 550 8450SH SOLE 1 0 0 8450 MEDICINES CO COMMON 584688105 29 1000SH SOLE 1 0 0 1000 MEDTRONIC INC COMMON 585055106 380 7825SH SOLE 1 0 0 7825 MELLON FINL CORP COMMON 58551A108 80 2500SH SOLE 1 0 0 2500 MERCK & CO INC COMMON 589331107 2842 61521SH SOLE 1 1200 0 60321 MERCURY INTERACTIVE CORP COMMON 589405109 29 600SH SOLE 1 0 0 600 MERRILL LYNCH & CO INC COMMON 590188108 622 10600SH SOLE 1 0 0 10600 MERRILL LYNCH PFD CAP TR TOPRS 7% 59021F206 53 2000 SOLE 1 0 0 2000 MERRILL LYNCH PFD CAP TR TOPRS 7.28% 59021K205 11 400 SOLE 1 0 0 400 METROMEDIA FIBER NETWORK CL A 591689104 0 500SH SOLE 1 0 0 500 MICROSOFT CORP COMMON 594918104 5147 188062SH SOLE 1 1400 0186662 MID-AMER APT CMNTYS INC COMMON 59522J103 168 5000SH SOLE 1 0 0 5000 MIDCAP SPDR TR UNIT SER 1 595635103 611 5800SH SOLE 1 750 0 5050 MIDDLESEX WATER CO COMMON 596680108 49 2400SH SOLE 1 0 0 2400 MIIX GROUP INC COMMON 59862V104 1 800SH SOLE 1 0 0 800 MOODYS CORP COMMON 615369105 18 300SH SOLE 1 0 0 300 MORGAN STANLEY COM NEW 617446448 249 4300SH SOLE 1 0 0 4300 MORGAN STANLEY PLUS 12/30/04 61744Y538 70 3400 SOLE 1 3400 0 0 MORGAN STANLEY CAP TR II CAP SECS 6.25% 617460209 106 4200 SOLE 1 0 0 4200 MORGAN STANLEY 5.75 PFD $5.750 617466206 10 400 SOLE 1 0 0 400 MORGAN STANLEY CAP TR II PFD CAP 7.25% 61747N109 107 4000 SOLE 1 0 0 4000 MORGAN STANLEY PLUS 63004 61748A304 66 6000 SOLE 1 6000 0 0 MOTOROLA INC COMMON 620076109 49 3500SH SOLE 1 0 0 3500 MOTOROLA INC EQTY UNIT 7% 620076208 446 10275 SOLE 1 0 0 10275 MYLAN LABS INC COMMON 628530107 6 250SH SOLE 1 0 0 250 NCR CORP NEW COMMON 6.29E+112 153 3950SH SOLE 1 0 0 3950 NEC CORP DEPOSITORY RECEI 629050204 4 500SH SOLE 1 0 0 500 NASDAQ 100 TR UNIT SER 1 631100104 395 10835SH SOLE 1 0 0 10835 NATIONAL CITY CORP COMMON 635405103 75 2200SH SOLE 1 0 0 2200 NATIONAL FUEL GAS CO N J COMMON 636180101 54 2200SH SOLE 1 0 0 2200 NATIONAL SEMICONDUCTOR C COMMON 637640103 772 19600SH SOLE 1 0 0 19600 NATL SEMICONDUCTOR CP CALL OPT JAN 1 6376519A0 20 500SH CALLSOLE 1 0 0 500 NATIONWIDE FINL SVCS INC CL A 638612101 26 800SH SOLE 1 0 0 800 NATURAL RESOURCE PARTNER COM UNIT L P 63900P103 511 12355SH SOLE 1 0 0 12355 NAVIGANT CONSULTING INC COMMON 63935N107 8 400SH SOLE 1 0 0 400 NESTLE S A DEPOSITORY RECEI 641069406 1271 20350SH SOLE 1 0 0 20350 NEW JERSEY RES COMMON 646025106 44 1150SH SOLE 1 0 0 1150 NEW PLAN EXCEL RLTY TR I COMMON 648053106 67 2700SH SOLE 1 0 0 2700 NEW YORK CMNTY BANCORP I COMMON 649445103 941 24738SH SOLE 1 0 0 24738 NEWELL RUBBERMAID INC COMMON 651229106 250 11000SH SOLE 1 0 0 11000 NEWMONT MINING CORP HLDG COMMON 651639106 459 9450SH SOLE 1 0 0 9450 NEXTEL COMMUNICATIONS IN CL A 65332V103 203 7250SH SOLE 1 0 0 7250 NISOURCE INC COMMON 65473P105 22 997SH SOLE 1 0 0 997 NISSAN MOTORS DEPOSITORY RECEI 654744408 20 900SH SOLE 1 0 0 900 NOKIA CORP DEPOSITORY RECEI 654902204 32 1900SH SOLE 1 0 0 1900 NOBLE ENERGY INC COMMON 655044105 13 300SH SOLE 1 0 0 300 NORFOLK SOUTHERN CORP COMMON 655844108 45 1900SH SOLE 1 0 0 1900 NORTEL NETWORKS CORP NEW COMMON 656568102 1 200SH SOLE 1 0 0 200 NORTH FORK BANCORPORATIO COMMON 659424105 202 5000SH SOLE 1 0 0 5000 NORTHN STS PWR CO MINN PINES 665772794 27 1000 SOLE 1 0 0 1000 NORTHERN TR CORP COMMON 665859104 49 1050SH SOLE 1 0 0 1050 NORTHWEST NAT GAS CO COMMON 667655104 209 6800SH SOLE 1 0 0 6800 NOVARTIS A G DEPOSITORY RECEI 66987V109 406 8850SH SOLE 1 0 0 8850 NOVELL INC COMMON 670006105 6 600SH SOLE 1 0 0 600 NOVO-NORDISK A S DEPOSITORY RECEI 670100205 41 1000SH SOLE 1 0 0 1000 NSTAR COMMON 6.70E+111 27 550SH 1 0 0 550 OCCIDENTAL PETE CORP DEL COMMON 674599105 4 105SH 1 0 0 105 OCULAR SCIENCES INC COMMON 675744106 14 500SH SOLE 1 0 0 500 OFFICE DEPOT INC COMMON 676220106 10 600SH SOLE 1 0 0 600 OMNICARE INC COMMON 681904108 55 1350SH SOLE 1 0 0 1350 ORACLE CORP COMMON 68389X105 56 4250SH SOLE 1 0 0 4250 OTTER TAIL CORP COMMON 689648103 32 1200SH SOLE 1 0 0 1200 OVERSEAS SHIPHOLDING GRO COMMON 690368105 12 350SH SOLE 1 0 0 350 OXY CAPITAL TRUST I TOPRS 8.16% 692070204 50 2000 SOLE 1 0 0 2000 PDI INC COMMON 69329V100 80 3000SH SOLE 1 0 0 3000 PMI GROUP INC COMMON 69344M101 115 3100SH SOLE 1 0 0 3100 POSCO DEPOSITORY RECEI 693483109 32 950SH SOLE 1 0 0 950 PPG INDS INC COMMON 693506107 147 2300SH SOLE 1 0 0 2300 PNC CAPITAL TR D 6.125% 12/15/20 69350H202 12 500SH SOLE 1 0 0 500 PPL CORP COMMON 69351T106 665 15200SH SOLE 1 0 0 15200 PACCAR INC COMMON 693718108 328 3850SH SOLE 1 0 0 3850 PACIFICARE HEALTH SYS DE COMMON 695112102 34 500SH SOLE 1 0 0 500 PALL CORP COMMON 696429307 16 600SH SOLE 1 0 0 600 PAMRAPO BANCORP INC COMMON 697738102 127 5000SH SOLE 1 0 0 5000 PATINA OIL & GAS CORP COMMON 703224105 203 4150SH SOLE 1 0 0 4150 PATTERSON DENTAL CO COMMON 703412106 51 800SH SOLE 1 0 0 800 PATTERSON DENTAL CO CALL OPT APR 4 703412106 32 500SH CALLSOLE 1 0 0 500 PAYCHEX INC COMMON 704326107 59 1575SH SOLE 1 0 0 1575 PEABODY ENERGY CORP COMMON 704549104 75 1790SH SOLE 1 0 0 1790 PEAPACK-GLADSTONE FINL C COMMON 704699107 57 1840SH SOLE 1 0 0 1840 PEARSON PLC DEPOSITORY RECEI 705015105 11 1000SH SOLE 1 0 0 1000 PENGROWTH ENERGY TR COMMON 706902103 385 23500SH SOLE 1 0 0 23500 PENNSYLVANIA RL ESTATE I SH BEN INT 709102107 7 200SH SOLE 1 0 0 200 PENWEST PHARMACEUTICALS COMMON 709754105 9 500SH 1 0 0 500 PEOPLES BK BRIDGEPORT CO COMMON 710198102 7 200SH SOLE 1 0 0 200 PEOPLES ENERGY CORP COMMON 711030106 223 5300SH SOLE 1 0 0 5300 PEPSICO INC COMMON 713448108 1560 33470SH SOLE 1 0 500 32970 PFIZER INC COMMON 717081103 2337 66146SH SOLE 1 0 0 66146 PHARMACEUTICAL RES INC COMMON 717125108 13 200SH 1 0 0 200 PHARMION CORP COMMON 71715B409 2 100SH SOLE 1 0 0 100 PHOENIX COS INC NEW COMMON 7.19E+113 6 463SH SOLE 1 0 0 463 PIEDMONT NAT GAS INC COMMON 720186105 1502 34550SH SOLE 1 0 600 33950 PITNEY BOWES INC COMMON 724479100 6 150SH SOLE 1 0 0 150 PIXAR COMMON 725811103 3 50SH SOLE 1 0 0 50 PLUM CREEK TIMBER CO INC COMMON 729251108 1149 37725SH SOLE 1 0 1000 36725 POLARIS INDS INC COMMON 731068102 53 600SH SOLE 1 0 0 600 POTLATCH CORP COMMON 737628107 707 20325SH SOLE 1 0 0 20325 PPLUS TR CTF GSG-1 A 6% 73941X601 90 3600 SOLE 1 0 0 3600 PRAXAIR INC COMMON 74005P104 36 940SH SOLE 1 0 0 940 PRESIDENTIAL LIFE CORP COMMON 740884101 3 250SH SOLE 1 0 0 250 PET QUARTERS INC COMMON 7419329N9 0 1500SH SOLE 1 0 0 1500 PROCTER & GAMBLE CO COMMON 742718109 5589 55962SH SOLE 1 1300 200 54462 PROCTER & GAMBLE CO CALL OPT JAN04 7 7427209A5 50 500SH CALLSOLE 1 0 0 500 PROGRESS ENERGY INC COMMON 743263105 106 2350SH SOLE 1 0 0 2350 PROLOGIS SH BEN INT 743410102 451 14050SH SOLE 1 0 0 14050 PROVIDENT FINL SVCS INC COMMON 74386T105 19 1000SH SOLE 1 0 0 1000 PRUDENTIAL FINL INC COMMON 744320102 13 304SH SOLE 1 0 0 304 PUBLIC SVC ENTERPRISE GR COMMON 744573106 502 11461SH SOLE 1 0 0 11461 PUBLIC STORAGE INC COMMON 74460D109 35 800SH SOLE 1 0 0 800 PUBLIC STORAGE INC PFD 1/1000V7.5 74460D588 40 1500 SOLE 1 0 0 1500 QLOGIC CORP COMMON 747277101 106 2050SH SOLE 1 0 0 2050 QUALCOMM INC COMMON 747525103 261 4840SH SOLE 1 0 0 4840 QUEST DIAGNOSTICS INC COMMON 74834L100 62 850SH SOLE 1 0 0 850 RGC RES INC COMMON 74955L103 9 400SH SOLE 1 0 0 400 RAMBUS INC DEL COMMON 750917106 4 120SH SOLE 1 0 0 120 RARE HOSPITALITY INTL IN COMMON 753820109 22 900SH SOLE 1 0 0 900 RAYOVAC CORP COMMON 755081106 167 7950SH SOLE 1 0 800 7150 REINSURANCE GROUP AMER I COMMON 759351109 19 500SH SOLE 1 0 0 500 RENAL CARE GROUP INC COMMON 759930100 12 300SH SOLE 1 0 0 300 REUTERS GROUP PLC DEPOSITORY RECEI 76132M102 3 100SH SOLE 1 0 0 100 ROCHESTER GAS & ELEC COR MTG UU 6.65%32 771367794 16 600 SOLE 1 0 0 600 ROCKWELL AUTOMATION INC COMMON 773903109 237 6650SH SOLE 1 0 0 6650 ROSLYN BANCORP INC COMMON 778162107 12 450SH SOLE 1 0 0 450 ROUSE CO COMMON 779273101 367 7800SH SOLE 1 0 0 7800 ROYAL DUTCH PETE CO DEPOSITORY RECEI 780257804 741 14150SH SOLE 1 0 0 14150 SBC COMMUNICATIONS INC COMMON 78387G103 435 16667SH SOLE 1 1300 0 15367 SBC COMMUNICATIONS INC PINES 7% 78387G301 8 300 SOLE 1 0 0 300 SPDR TR UNIT SER 1 78462F103 2291 20592SH SOLE 1 0 0 20592 ST JOE CO COMMON 790148100 132 3550SH SOLE 1 0 0 3550 ST JUDE MED INC COMMON 790849103 1664 27120SH SOLE 1 0 0 27120 ST PAUL COS INC COMMON 792860108 395 9950SH SOLE 1 0 0 9950 SAINT PAUL COMPANIES CALL OPT APR 3 792860108 40 1000SH CALLSOLE 1 0 0 1000 SAN DIEGO CTY CLAIF PENS PINES 2002C 79739R201 3 100 SOLE 1 0 0 100 SANTA FE ENERGY TR RCPT DEP UNITS 802013102 288 10200SH SOLE 1 0 0 10200 SAXON CAPITAL INC COMMON 80556P302 68 3250SH SOLE 1 0 0 3250 SCANA CORP NEW COMMON 80589M102 34 1000SH SOLE 1 0 0 1000 SCHERING A G DEPOSITORY RECEI 806585204 26 500SH SOLE 1 0 0 500 SCHLUMBERGER LTD COMMON 806857108 813 14850SH SOLE 1 0 0 14850 SEARS ROEBUCK ACCEP CORP NT 7% 71542 812404408 26 1000 SOLE 1 0 0 1000 SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 28 1000SH SOLE 1 0 0 1000 SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 23 1000SH SOLE 1 0 0 1000 SERONO S A DEPOSITORY RECEI 81752M101 9 500SH SOLE 1 0 0 500 SHELL CDA LTD COMMON 822567103 166 3500SH SOLE 1 0 0 3500 SHELL TRANS & TRADING PL DEPOSITORY RECEI 822703609 464 10300SH SOLE 1 0 0 10300 SHIRE PHARMACEUTICALS GR DEPOSITORY RECEI 82481R106 17 600SH 1 0 0 600 SIEMENS A G DEPOSITORY RECEI 826197501 150 1875SH SOLE 1 0 0 1875 SIMON PPTY GROUP INC NEW COMMON 828806109 280 6050SH SOLE 1 0 0 6050 SKY FINL GROUP INC COMMON 83080P103 259 10000SH SOLE 1 0 0 10000 SONY CORP DEPOSITORY RECEI 835699307 69 2000SH SOLE 1 0 0 2000 SOUTH JERSEY INDS INC COMMON 838518108 8 200SH SOLE 1 0 0 200 SOUTHERN CO COMMON 842587107 275 9100SH SOLE 1 0 0 9100 SOUTHERN UN CO NEW COMMON 844030106 64 3486SH SOLE 1 0 0 3486 SOUTHTRUST CORP COMMON 844730101 16 500SH SOLE 1 0 0 500 SOUTHWEST AIRLS CO COMMON 844741108 2 150SH SOLE 1 0 0 150 SOUTHWEST GAS CORP COMMON 844895102 67 3000SH SOLE 1 0 0 3000 SOVEREIGN BANCORP INC COMMON 845905108 263 11091SH SOLE 1 0 0 11091 SOVEREIGN BANCORP INC CALL OPT JAN 2 845905108 24 1000SH CALLSOLE 1 0 0 1000 SOVEREIGN BANCORP INC PUT OPT JAN 2 845905108 24 1000SH PUT SOLE 1 0 0 1000 ST. PAUL CO. 7.60 PFD 85231F207 30 1100 SOLE 1 0 0 1100 STANDARD PAC CORP NEW COMMON 85375C101 24 500SH SOLE 1 0 0 500 STAR GAS PARTNERS L P UNIT LTD PARTNR 85512C105 551 22550SH SOLE 1 0 0 22550 STARBUCKS CORP COMMON 855244109 35 1070SH SOLE 1 0 0 1070 STATE STR CORP COMMON 857477103 685 13150SH SOLE 1 0 600 12550 STATEN IS BANCORP INC COMMON 857550107 34 1500SH SOLE 1 0 0 1500 STEWARDSHIP FINL CORP COMMON 860326107 92 4106SH SOLE 1 0 0 4106 STMICROELECTRONICS N V DEPOSITORY RECEI 861012102 30 1100SH SOLE 1 0 0 1100 STRAYER ED INC COMMON 863236105 27 250SH SOLE 1 0 0 250 SUBURBAN PROPANE PARTNER UNIT LTD PARTN 864482104 2727 85340SH SOLE 1 0 0 85340 SUN MICROSYSTEMS INC COMMON 866810104 118 26300SH SOLE 1 0 0 26300 SUNCOR ENERGY INC COMMON 867229106 129 5150SH SOLE 1 0 0 5150 SUNOCO INC COMMON 86764P109 3 50SH SOLE 1 0 0 50 SWISS REINS CO DEPOSITORY RECEI 870887205 14 200SH SOLE 1 0 0 200 SYMANTEC CORP COMMON 871503108 83 2400SH SOLE 1 0 0 2400 SYNGENTA AG DEPOSITORY RECEI 87160A100 1 64SH SOLE 1 0 0 64 SYNOVUS FINL CORP COMMON 87161C105 29 1000SH SOLE 1 0 0 1000 SYSCO CORP COMMON 871829107 803 21575SH SOLE 1 0 0 21575 TEPPCO PARTNERS L P UT LTD PARTNER 872384102 1312 32550SH SOLE 1 0 0 32550 TAIWAN SEMICONDUCTOR MFG DEPOSITORY RECEI 874039100 57 5540SH SOLE 1 0 0 5540 TARGET CORP COMMON 8.76E+110 102 2650SH SOLE 1 0 0 2650 TECHNE CORP COMMON 878377100 38 1000SH SOLE 1 0 0 1000 TELECOM CORP NEW ZEALAND DEPOSITORY RECEI 879278208 57 2000SH SOLE 1 0 0 2000 TELEMIG CELULAR PART S A DEPOSITORY RECEI 8.79E+109 16 500SH SOLE 1 0 0 500 TELIGENT INC CL A 87959Y103 0 900SH SOLE 1 0 0 900 TEMPLE INLAND INC COMMON 879868107 207 3300SH SOLE 1 0 0 3300 TENNESSEE VALLEY AUTH PARRS D 2028 880591300 354 13600 SOLE 1 0 0 13600 TEREX CORP NEW COMMON 880779103 11 400SH SOLE 1 0 0 400 TEVA PHARMACEUTICAL INDS DEPOSITORY RECEI 881624209 57 1000SH SOLE 1 0 0 1000 TEXAS INSTRS INC COMMON 882508104 338 11500SH SOLE 1 0 1000 10500 TEXTRON INC PFD CONV $2.08 883203200 24 97SH SOLE 1 0 0 97 THERMO ELECTRON CORP COMMON 883556102 10 400SH SOLE 1 0 0 400 THOMAS INDS INC COMMON 884425109 121 3500SH SOLE 1 0 0 3500 THORNBURG MTG INC COMMON 885218107 18 650SH SOLE 1 0 0 650 3M CO COMMON 88579Y101 4663 54838SH SOLE 1 1300 0 53538 3M CO CALL OPT JAN 4 88579Y101 85 1000SH CALLSOLE 1 0 0 1000 TIBCO SOFTWARE INC COMMON 88632Q103 7 1000SH SOLE 1 0 0 1000 TIFFANY & CO NEW COMMON 886547108 23 500SH SOLE 1 0 0 500 TIME WARNER INC COMMON 887317105 201 11200SH SOLE 1 0 0 11200 TOOTSIE ROLL INDS INC COMMON 890516107 57 1592SH SOLE 1 0 0 1592 TORONTO DOMINION BK ONT COM NEW 891160509 33 1000SH SOLE 1 0 0 1000 TOYOTA MOTOR CORP DEPOSITORY RECEI 892331307 103 1500SH SOLE 1 0 0 1500 TPG N V DEPOSITORY RECEI 892339102 12 500SH SOLE 1 0 0 500 TRANSACTION SYS ARCHITEC CL A 893416107 24 1100SH SOLE 1 0 0 1100 TRANSCANADA CORP PFD 8.25% 2047 893526723 10 400 SOLE 1 0 0 400 TRANSCANADA CORP COMMON 89353D107 82 3800SH SOLE 1 0 0 3800 TRAVELERS PPTY CAS CORP CL A 89420G109 0 25SH SOLE 1 0 0 25 TRAVELERS PPTY CAS CORP CL B 89420G406 1 53SH SOLE 1 0 0 53 TRIBUNE CO NEW COMMON 896047107 39 750SH SOLE 1 0 0 750 TYCO INTL LTD NEW COMMON 902124106 221 8350SH SOLE 1 0 0 8350 UGI CORP NEW COMMON 902681105 46 1350SH 1 0 0 1350 US BANCORP DEL COM NEW 902973304 42 1400SH SOLE 1 0 0 1400 USB CAP V PFD GTD 7.25% 90335U209 13 500 SOLE 1 0 0 500 US ONCOLOGY INC COMMON 90338W103 8 700SH SOLE 1 0 0 700 UNILEVER PLC DEPOSITORY RECEI 904767704 64 1714SH SOLE 1 0 0 1714 UNION PAC CORP COMMON 907818108 2397 34500SH SOLE 1 0 400 34100 UNITED DOMINION REALTY T COMMON 910197102 8 400SH SOLE 1 0 0 400 UNITED MICROELECTRONICS DEPOSITORY RECEI 910873207 5 1040SH SOLE 1 0 0 1040 UNITED PARCEL SERVICE IN CL B 911312106 125 1675SH SOLE 1 0 0 1675 UNITED SHIPPING & TECH. SERIES F CONV. P 911498996 19 18181 SOLE 1 0 0 18181 UNITED TECHNOLOGIES CORP COMMON 913017109 5200 54873SH SOLE 1 1300 0 53573 UNITED TECHNOLOGIES CALL OPT JAN 4 913017109 47 500SH CALLSOLE 1 0 0 500 UNITEDHEALTH GROUP INC COMMON 91324P102 443 7610SH SOLE 1 0 0 7610 UNIVERSAL HLTH SVCS INC CL B 913903100 11 200SH SOLE 1 0 0 200 UNIVISION COMMUNICATIONS CL A 914906102 133 3350SH SOLE 1 0 0 3350 UNUMPROVIDENT CORP PINES 7.25% 32 91529Y304 26 1000 SOLE 1 0 0 1000 VALEANT PHARMACEUTICALS COMMON 91911X104 25 1000SH 1 0 1000 0 VALERO L P COM UT LTD PRT 91913W104 475 9550SH SOLE 1 0 0 9550 VALERO ENERGY CORP NEW COMMON 91913Y100 100 2150SH SOLE 1 0 0 2150 VALLEY NATL BANCORP COMMON 919794107 341 11680SH SOLE 1 0 0 11680 VARIAN MED SYS INC COMMON 92220P105 290 4200SH SOLE 1 0 0 4200 VARIAN MED SYS INC CALL OPT FEB 5 92220P105 35 500SH CALLSOLE 1 0 0 500 VEECO INSTRS INC DEL COMMON 922417100 14 500SH SOLE 1 0 0 500 VELOCITY EXPRESS SERIES H PFD CON 92257T202 50 5000SH SOLE 1 0 0 5000 VERITAS SOFTWARE CO COMMON 923436109 89 2400SH SOLE 1 0 0 2400 VERIZON COMMUNICATIONS COMMON 92343V104 514 14654SH SOLE 1 0 0 14654 VERIZON NEW ENG INC QUIBS 7% 2042 92344R201 54 2000 SOLE 1 0 0 2000 VIACOM INC CLASS A CL A 925524100 27 600SH SOLE 1 0 0 600 VIACOM INC CLASS B CL B 925524308 18 400SH SOLE 1 0 0 400 VIVENDI UNIVERSAL DEPOSITORY RECEI 92851S204 12 500SH SOLE 1 0 0 500 VODAFONE GROUP PLC NEW DEPOSITORY RECEI 92857W100 81 3234SH SOLE 1 0 0 3234 VORNADO RLTY TR SH BEN INT 929042109 657 12000SH SOLE 1 0 0 12000 WD-40 CO COMMON 929236107 88 2500SH SOLE 1 0 0 2500 WCI CMNTYS INC COMMON 92923C104 6 300SH SOLE 1 0 0 300 WGL HLDGS INC COMMON 92924F106 13 450SH SOLE 1 0 0 450 WACHOVIA CORP 2ND NEW COMMON 929903102 408 8760SH SOLE 1 0 0 8760 WAL MART STORES INC COMMON 931142103 3303 62263SH SOLE 1 1300 0 60963 WASHINGTON FED INC COMMON 938824109 78 2750SH SOLE 1 0 0 2750 WASHINGTON MUT INC COMMON 939322103 217 5401SH SOLE 1 0 0 5401 WASHINGTON POST CO CL B 939640108 40 50SH SOLE 1 0 0 50 WASTE MGMT INC DEL COMMON 94106L109 65 2200SH SOLE 1 0 0 2200 WATERS CORP COMMON 941848103 202 6100SH SOLE 1 0 0 6100 WAUSAU-MOSINEE PAPER COR COMMON 943315101 7 500SH SOLE 1 0 0 500 WEBSENSE INC COMMON 947684106 9 300SH SOLE 1 0 0 300 WEINGARTEN RLTY INVS SH BEN INT 948741103 149 3350SH SOLE 1 0 0 3350 WELLPOINT HEALTH NETWORK COMMON 94973H108 136 1400SH SOLE 1 0 0 1400 WELLS FARGO & CO NEW COMMON 949746101 256 4350SH SOLE 1 0 0 4350 WELLS FARGO 5.85% 2033 PFD $5.850 94979B204 10 400 SOLE 1 0 0 400 WHIRLPOOL CORP COMMON 963320106 69 950SH SOLE 1 0 0 950 WHOLE FOODS MKT INC COMMON 966837106 47 700SH SOLE 1 0 0 700 WILEY JOHN & SONS INC CL A 968223206 52 2000SH SOLE 1 0 0 2000 WILMINGTON TRUST CORP COMMON 971807102 61 1700SH SOLE 1 0 0 1700 WINNEBAGO INDS INC COMMON 974637100 28 400SH SOLE 1 0 0 400 WRIGLEY WM JR CO COMMON 982526105 831 14775SH SOLE 1 0 0 14775 WYETH COMMON 983024100 831 19572SH SOLE 1 0 0 19572 XM SATELLITE RADIO HLDGS CL A 983759101 54 2050SH SOLE 1 0 0 2050 XTO ENERGY INC COMMON 98385X106 137 4830SH SOLE 1 0 0 4830 XEROX CORP COMMON 984121103 8 600SH SOLE 1 0 0 600 YAHOO INC COMMON 984332106 86 1900SH SOLE 1 0 0 1900 ZIMMER HLDGS INC COMMON 98956P102 371 5270SH SOLE 1 0 0 5270 UNITEDHEALTH GROUP INC CALL OPT JAN 3 9E199W9A1 29 500SH CALLSOLE 1 0 0 500 DAIMLERCHRYSLER AG ORD D1668R123 12 249SH SOLE 1 0 0 249 BUNGE LIMITED COMMON G16962105 32 975SH SOLE 1 0 0 975 EVEREST RE GROUP LTD COMMON G3223R108 63 750SH SOLE 1 0 0 750 FRESH DEL MONTE PRODUCE ORD G36738105 54 2250SH SOLE 1 0 0 2250 GLOBALSANTAFE CORP SHS G3930E101 33 1332SH SOLE 1 0 0 1332 HELEN OF TROY CORP LTD COMMON G4388N106 256 11050SH SOLE 1 0 0 11050 INGERSOLL-RAND COMPANY L CL A G4776G101 745 10979SH SOLE 1 0 0 10979 RHONE-POULENC OVERSEAS L PREF A 8.125% G75495104 25 1000 SOLE 1 0 0 1000 TRANSOCEAN INC ORD G90078109 50 2069SH SOLE 1 0 0 2069 WILLIS GROUP HOLDINGS LT SHS G96655108 106 3100SH SOLE 1 0 0 3100 UBS AG NAMEN AKT H8920M855 20 300SH SOLE 1 0 0 300 MILLICOM INTL CELLULAR S SHS NEW L6388F110 91 1300SH SOLE 1 0 0 1300 GIVEN IMAGING ORD SHS M52020100 5 300SH SOLE 1 0 0 300 OMI CORP NEW COMMON Y6476W104 7 800SH SOLE 1 0 0 800