-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, WdA/PYdBxEkoyZ/odpG2zjyfzX2bRt+sSDKNeZL01jfCDns8bWrVln9zAxbDUnSk EGpJHFyrWCXSblalh10uMg== 0000884423-08-000002.txt : 20080215 0000884423-08-000002.hdr.sgml : 20080215 20080215143042 ACCESSION NUMBER: 0000884423-08-000002 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20071231 FILED AS OF DATE: 20080215 DATE AS OF CHANGE: 20080215 EFFECTIVENESS DATE: 20080215 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SALEM INVESTMENT COUNSELORS INC CENTRAL INDEX KEY: 0000884423 IRS NUMBER: 561225913 STATE OF INCORPORATION: NC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-03405 FILM NUMBER: 08622209 BUSINESS ADDRESS: STREET 1: POP BOX 25427 CITY: WINSTON SALEM STATE: NC ZIP: 27114-5427 BUSINESS PHONE: 3367687230 MAIL ADDRESS: STREET 1: PO BOX 25427 CITY: WINSTON-SALEM STATE: NC ZIP: 27114-5427 13F-HR 1 dm12310713f-hrb.txt 13F-HR 4TH QUARTER 2007 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2007 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holding entries Salem Investment Counselors, Inc. Name of Institutional Investment Manager 480 Shepherd Street Winston-Salem NC 27103 Business Address (Street) (City) (State) (Zip) Dale M. Brown, President 336.768.7230 Name, Phone No.,and Title of Person Duly Authorized to Submit This Report. ATTENTION INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL CRIMINAL VIOLATIONS. See 18 U.S.C. AND 15 U.S.C. 78ff(a) The institutional investment manager submitting this Form and its attachments and the person by whom it is signed represent hereby that all information contained therein is true, correct and complete. It is understood that all required items, statements and schedules are considered integral parts of this Form and that the submission of any amendment represents that all unamended items, statements and schedules remain true, correct and complete as previously submitted. Pursuant to the requirements of the Securities Exchange Act of 1934, the undersigned institutional investment manager has caused this report to be signed on its behalf in the City of Winston-Salem and State of North Carolina on the 8th day of February, 2007. Salem Investment Counselors, Inc. (Name of Institutional Investment Manager) /s/ DALE M. BROWN (Manual Signature of Person Duly Authorized To Submit This Report) Name and 13F file numbers of all Institutional Investment Managers with respect to which this schedule is filed (other than the one filing this report): (List in alphabetical order). 13F File Numbers will be assigned to Institutional Investment Managers after they file their first report. Name: 13F File No.: Name: <13F File No.: 1. 6. 2. 7. 3. 8. 4. 9. 5. 10. 2 FORM 13F SUMMARY PAGE REPORT SUMMARY: NUMBER OF OTHER INCLUDED MANAGERS: 0 FORM 13F INFORMATION TABLE ENTRY: 270 FORM 13F INFORMATION TABLE VALUE TOTAL: $655,360,962 3 FORM 13F Name of Reporting Manager: Salem Investment Counselors, Inc.
Item 1 Name of Issuer Item 2 Title of Class Item 3 Cusip Number Item 4 Fair Market Value Item 5 Shares of Principal Amount (a) Sole 3M Company Abbott Labs Accenture Ltd Class A Activision, Inc. Acuity Brands, Inc. Alcon, Inc. Alexco Resource Corp. Allergan, Inc. Alliance One International Altria Group, Inc. American Intl. Group, Inc. Ampco Pittsburgh Corp. Anheuser Busch Company, Inc. Apache Corp. Apple, Inc. Arbor Realty Tr., Inc. common common common common common common common common common common common common common common common common 88579Y101 2824100 G1150G111 4930202 00508Y102 H01301102 01535P106 18490102 18772103 02209S103 26874107 32037103 35229103 37411105 37833100 38923108 $12,101,691 $1,671,417 $328,449 $4,581,641 $207,000 $386,208 $1,680,200 $205,568 $650,073 $6,562,838 $4,766,375 $2,023,940 $771,649 $7,935,914 $5,647,459 $239,234 143,521 29,767 9,116 154,264 4,600 2,700 310,000 3,200 159,723 86,833 81,756 53,080 14,743 73,795 28,511 14,850 143,521 29,767 9,116 154,264 4,600 2,700 310,000 3,200 159,723 86,833 81,756 53,080 14,743 73,795 28,511 14,850
Item 1 Name of Issuer Item 6 (b) Shares as defined in Instr. V. Item 7 Managers See Instr. V. (a) Sole Item 8 (b) Shared (c) None 3M Company Abbott Labs Accenture Ltd Class A Activision, Inc. Acuity Brands, Inc. Alcon, Inc. Alexco Resource Corp. Allergan, Inc. Alliance One International Altria Group, Inc. American Intl. Group, Inc. Ampco Pittsburgh Corp. Anheuser Busch Company, Inc. Apache Corp. Apple, Inc. Arbor Realty Tr., Inc. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 143,521 29,767 9,116 154,264 4,600 2,700 310,000 3,200 159,723 86,833 81,756 53,080 14,743 73,795 28,511 14,850 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
4 AT&T Corp. T Automatic Data Processing, Inc. Balchem Corp. BancInsurance Corp Bank of America Corp. Bank of Carolinas; Mocksville NC Bank of Granite Corp Barclays IPATH MSCI India ETN Barrick Gold Corp. BB&T Corporation Becton Dickinson & Co. Berkshire Hathaway, Inc. CL B Berkshire Hathaway, Inc. DEL CL A Best Buy, Inc. BHP Billiton Ltd. ADR BHP Billiton PLC SP ADR Black & Decker Corp. common common common common common common common common common common common common common common common common common 00206R102 53015103 57665200 05945K102 60505104 06423T102 62401104 06739F291 67901108 54937107 75887109 84670207 84670108 86516101 88606108 05545 E 209 91797100 $1,836,463 $3,773,205 $3,502,604 $919,927 $25,022,870 $1,682,936 $373,579 $1,445,336 $349,015 $4,552,624 $472,227 $22,202,368 $3,964,800 $816,075 $6,804,386 $695,142 $208,950 44,188 84,734 156,506 176,909 606,468 160,587 35,343 14,780 8,300 148,439 5,650 4,688 28 15,500 97,150 11,340 3,000 44,188 84,734 156,506 176,909 606,468 160,587 35,343 14,780 8,300 148,439 5,650 4,688 28 15,500 97,150 11,340 3,000
AT&T Corp. T Automatic Data Processing, Inc. Balchem Corp. BancInsurance Corp Bank of America Corp. Bank of Carolinas; Mocksville NC Bank of Granite Corp Barclays IPATH MSCI India ETN Barrick Gold Corp. BB&T Corporation Becton Dickinson & Co. Berkshire Hathaway, Inc. CL B Berkshire Hathaway, Inc. DEL CL A Best Buy, Inc. BHP Billiton Ltd. ADR BHP Billiton PLC SP ADR Black & Decker Corp. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 44,188 84,734 156,506 176,909 606,468 160,587 35,343 14,780 8,300 148,439 5,650 4,688 28 15,500 97,150 11,340 3,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
5 Blackrock Broad Inv. 2009 Blackrock Core Bd. Trust Blackrock Floating Rate Income Blackrock Incm. Opportunity TR Blackrock Income TR. Inc. Blackrock Insd Mun Term Blackrock Insd Muni 2008 Blackrock Invt. Qlty Muni Blackrock Ltd. Duration Blackrock Mini Bond TR Blackrock Mun 2018 Fd. Blackrock N Y Insd 2008 Blackrock NY Mun. Inc. TST NY Blackrock NY Mun. Income Trust Blackrock Pfd. Opportunity Tr Blackrock Strat. Muni Tr Blackrock Strategic Bond common common common common common common common common common common common common common common common common common 09247Q106 09249 E101 09255X100 92475102 09247F100 92474105 09247K109 09247D105 09249W101 09249H104 09248C106 09247L107 09249U105 09249R102 09249V103 09248T109 09249G106 $507,696 $615,371 $203,745 $676,632 $974,004 $222,750 $721,440 $386,498 $723,930 $152,026 $418,550 $443,223 $139,500 $145,400 $1,046,563 $437,574 $511,699 38,785 52,283 12,750 71,450 176,450 22,500 48,000 26,600 45,645 10,550 27,500 29,450 10,000 10,000 60,460 31,300 44,150 38,785 52,283 12,750 71,450 176,450 22,500 48,000 26,600 45,645 10,550 27,500 29,450 10,000 10,000 60,460 31,300 44,150
Blackrock Broad Inv. 2009 Blackrock Core Bd. Trust Blackrock Floating Rate Income Blackrock Incm. Opportunity TR Blackrock Income TR. Inc. Blackrock Insd Mun Term Blackrock Insd Muni 2008 Blackrock Invt. Qlty Muni Blackrock Ltd. Duration Blackrock Mini Bond TR Blackrock Mun 2018 Fd. Blackrock N Y Insd 2008 Blackrock NY Mun. Inc. TST NY Blackrock NY Mun. Income Trust Blackrock Pfd. Opportunity Tr Blackrock Strat. Muni Tr Blackrock Strategic Bond 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 38,785 52,283 12,750 71,450 176,450 22,500 48,000 26,600 45,645 10,550 27,500 29,450 10,000 10,000 60,460 31,300 44,150 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
6 Boeing Company BP Amoco PLC ADR Breakwater Resources Ltd Canadian Nat. Res. Ltd. Capital Bank Corp. Capital One Financial Corp. Cardinal Financial Group Cardinal Health, Inc. Carmax, Inc. Caterpillar, Inc. Celgene Corp. Chesapeake Energy Corp. Chevron Corporation Choicepoint, Inc. Cincinnati Financial Corp Cisco Systems, Inc. Citigroup, Inc. common common common common common common common common common common common common common common common common common 97023105 55622104 106902307 136385101 139793103 14040H105 14149F109 14149Y108 143130102 149123101 151020104 165167107 166764100 170388102 172062101 17275R102 172967101 $5,654,726 $2,253,636 $1,951,250 $672,888 $1,745,076 $8,633,418 $759,580 $319,762 $1,638,440 $8,587,113 $795,274 $1,980,188 $1,966,650 $1,092,600 $604,843 $14,650,852 $4,202,884 64,655 30,800 1,115,000 9,200 165,410 182,679 81,500 5,537 82,959 118,345 17,210 50,515 21,072 30,000 15,297 541,223 142,761 64,655 30,800 1,115,000 9,200 165,410 182,679 81,500 5,537 82,959 118,345 17,210 50,515 21,072 30,000 15,297 541,223 142,761
Boeing Company BP Amoco PLC ADR Breakwater Resources Ltd Canadian Nat. Res. Ltd. Capital Bank Corp. Capital One Financial Corp. Cardinal Financial Group Cardinal Health, Inc. Carmax, Inc. Caterpillar, Inc. Celgene Corp. Chesapeake Energy Corp. Chevron Corporation Choicepoint, Inc. Cincinnati Financial Corp Cisco Systems, Inc. Citigroup, Inc. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 64,655 30,800 1,115,000 9,200 165,410 182,679 81,500 5,537 82,959 118,345 17,210 50,515 21,072 30,000 15,297 541,223 142,761 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
7 Coca-Cola Company Coddle Creek Financial Inc Cognizant Corp. Colgate-Palmolive Co. Comcast Corp. Class A CommScope, Inc. Community Bancshares, Inc. SC Compass Minerals Intl. Concepts Direct ConocoPhillips Cooperative Bankshares, Inc. CVS Caremark Corp. D. R. Horton Company Deere & Co., Inc. Dell, Inc. Dentsply Intl. Inc. New Devon Energy Corp. common common common common common common common common common common common common common common common common common 191216100 191891209 192441103 194162103 20030N101 203372107 20343F190 20451N101 206013104 20825C104 216844100 126650100 23331A109 244199105 24702R101 249030107 25179M103 $3,589,224 $237,180 $240,974 $6,513,870 $1,053,255 $1,296,684 $1,096,054 $334,150 $2,828 $1,863,127 $354,000 $2,083,695 $1,375,251 $214,176 $2,757,203 $540,240 $10,395,802 58,485 10,050 7,100 83,554 57,681 26,350 81,491 8,150 18,850 21,100 30,000 52,420 104,423 2,300 112,493 12,000 116,925 58,485 10,050 7,100 83,554 57,681 26,350 81,491 8,150 18,850 21,100 30,000 52,420 104,423 2,300 112,493 12,000 116,925
Coca-Cola Company Coddle Creek Financial Inc Cognizant Corp. Colgate-Palmolive Co. Comcast Corp. Class A CommScope, Inc. Community Bancshares, Inc. SC Compass Minerals Intl. Concepts Direct ConocoPhillips Cooperative Bankshares, Inc. CVS Caremark Corp. D. R. Horton Company Deere & Co., Inc. Dell, Inc. Dentsply Intl. Inc. New Devon Energy Corp. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 58,485 10,050 7,100 83,554 57,681 26,350 81,491 8,150 18,850 21,100 30,000 52,420 104,423 2,300 112,493 12,000 116,925 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
8 Diomed Holdings Disney, Walt Company Dominion Resources Inc. - VA Duke Energy Corporation Dupont de nemours E.I. DWS Dreman Value Income Eaton Corp Ebay, Inc. El Paso Pipeline Partners LP EMC Corp. MASS Emerson Electric Encana Corp. Energy South, Inc. Entergy Corp. Equitable Resources, Inc. Exactech, Inc. Exelon Corporation common common common common common common common common common common common common common common common common common 25454R207 254687106 25746U109 264399106 263534109 23339M105 278058102 278642103 283702108 268648102 291011104 292505104 292970100 29364G103 294549100 30064 109 30161N101 $6,080 $4,222,126 $230,133 $1,170,586 $211,985 $489,545 $450,624 $231,500 $1,202,400 $775,777 $2,349,180 $425,226 $1,418,680 $202,228 $578,088 $415,000 $907,510 19,000 130,797 4,850 58,036 4,808 35,500 4,648 6,975 48,000 41,866 41,461 6,257 24,460 1,692 10,850 20,000 11,116 19,000 130,797 4,850 58,036 4,808 35,500 4,648 6,975 48,000 41,866 41,461 6,257 24,460 1,692 10,850 20,000 11,116
Diomed Holdings Disney, Walt Company Dominion Resources Inc. - VA Duke Energy Corporation Dupont de nemours E.I. DWS Dreman Value Income Eaton Corp Ebay, Inc. El Paso Pipeline Partners LP EMC Corp. MASS Emerson Electric Encana Corp. Energy South, Inc. Entergy Corp. Equitable Resources, Inc. Exactech, Inc. Exelon Corporation 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 19,000 130,797 4,850 58,036 4,808 35,500 4,648 6,975 48,000 41,866 41,461 6,257 24,460 1,692 10,850 20,000 11,116 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
9 Exeter Resource Corp. Express Scripts, Inc. Exxon Mobile Corporation Falconstor Software, Inc. Fidelity National Info. Services First Citizens Bancshares CL A First Solar, Inc. Fiserv, Inc. FNB United Corp. Forest Oil Corp. Fortune Brands, Inc. FX Energy, Inc. Genentech, Inc. New General Dynamics Corp. General Electric Company Given Imaging Glaxo Smith Kline PLC common common common common common common common common common common common common common common common common common 301838104 302182100 302290101 306137100 31620M106 31946M103 336433107 337738108 302519103 346091705 349631101 302695101 368710406 369550108 369604103 M52020100 37733W105 $65,040 $925,640 $6,619,854 $12,144,890 $1,002,319 $1,274,875 $666,514 $393,979 $212,350 $2,318,151 $497,041 $5,292,783 $1,882,990 $551,738 $20,729,262 $3,369,088 $306,069 12,000 12,680 70,657 1,078,587 24,100 8,741 2,495 7,100 17,463 45,597 6,869 931,828 28,075 6,200 559,192 144,907 6,074 12,000 12,680 70,657 1,078,587 24,100 8,741 2,495 7,100 17,463 45,597 6,869 931,828 28,075 6,200 559,192 144,907 6,074
Exeter Resource Corp. Express Scripts, Inc. Exxon Mobile Corporation Falconstor Software, Inc. Fidelity National Info. Services First Citizens Bancshares CL A First Solar, Inc. Fiserv, Inc. FNB United Corp. Forest Oil Corp. Fortune Brands, Inc. FX Energy, Inc. Genentech, Inc. New General Dynamics Corp. General Electric Company Given Imaging Glaxo Smith Kline PLC 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 12,000 12,680 70,657 1,078,587 24,100 8,741 2,495 7,100 17,463 45,597 6,869 931,828 28,075 6,200 559,192 144,907 6,074 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
10 Goldman Sachs Group, Inc. Google, Inc. CL A Green Mountain Coffee Roaster Harold's Stores Hawkins, Inc. Hewlet-Packard Company Highwood Properties, Inc. \ Home Depot, Inc. Hubbell Inc. Class B Intel Corp International Business Machines Ishares DJ US Telecom Sector Ishares FTSE XINHUA Ishares Lehman Treasury Ishares MSCI Eafe Index Ishares MSCI Emerging Ishares MSCI EMU Index Fund common common common common common common common common common common common common common common common common common 38141G104 38259P508 393122106 413353103 420261109 428236103 431284108 437076102 443510201 458140100 459200101 464287713 464287184 464287176 464287465 464287234 464286608 $4,449,385 $7,255,008 $2,366,339 $18,734 $1,224,675 $1,195,518 $1,297,391 $271,798 $672,967 $9,790,923 $1,259,906 $351,288 $4,502,266 $327,980 $5,429,453 $10,009,980 $536,940 20,690 10,492 58,141 374,680 81,645 23,683 44,159 10,089 13,042 367,251 11,655 11,900 26,414 3,100 69,165 66,600 4,500 20,690 10,492 58,141 374,680 81,645 23,683 44,159 10,089 13,042 367,251 11,655 11,900 26,414 3,100 69,165 66,600 4,500
Goldman Sachs Group, Inc. Google, Inc. CL A Green Mountain Coffee Roaster Harold's Stores Hawkins, Inc. Hewlet-Packard Company Highwood Properties, Inc. \ Home Depot, Inc. Hubbell Inc. Class B Intel Corp International Business Machines Ishares DJ US Telecom Sector Ishares FTSE XINHUA Ishares Lehman Treasury Ishares MSCI Eafe Index Ishares MSCI Emerging Ishares MSCI EMU Index Fund 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 20,690 10,492 58,141 374,680 81,645 23,683 44,159 10,089 13,042 367,251 11,655 11,900 26,414 3,100 69,165 66,600 4,500 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
11 Ishares MSCI Hong Kong Ishares MSCI Japan Index Ishares MSCI Pacific Ex-Jap Indx Fd Ishares MSCI Singapore Ishares MSCI South Korea Index Ishares NASDAQ Biotech Indx Fund Ishares S&P GLB ERG Sect Ishares S&P GLB Health Care Ishares TR Russell Midcap Indx Fnd Johnson & Johnson Kellogg Company Kimberly-Clark Corp Kraft Foods, Inc. CL A L-3 Communications Holdings, Inc. Lab CP of America Holding New Lauder, Estee Co., Inc. CL A Lee Enterprises, Inc. common common common common common common common common common common common common common common common common common 464286871 464286848 464286665 464286673 464286772 464287556 464287341 464287325 464287499 478160104 487836108 494368103 50075N104 502424104 50540R409 518439104 523768109 $335,551 $1,980,210 $745,635 $127,200 $656,705 $324,720 $1,319,484 $524,790 $250,049 $16,602,730 $5,428,340 $282,907 $566,424 $3,497,483 $347,438 $218,050 $4,689,260 15,301 149,000 4,833 10,600 10,150 4,000 9,300 9,000 2,415 248,916 103,535 4,080 17,359 33,014 4,600 5,000 320,086 15,301 149,000 4,833 10,600 10,150 4,000 9,300 9,000 2,415 248,916 103,535 4,080 17,359 33,014 4,600 5,000 320,086
Ishares MSCI Hong Kong Ishares MSCI Japan Index Ishares MSCI Pacific Ex-Jap Indx Fd Ishares MSCI Singapore Ishares MSCI South Korea Index Ishares NASDAQ Biotech Indx Fund Ishares S&P GLB ERG Sect Ishares S&P GLB Health Care Ishares TR Russell Midcap Indx Fnd Johnson & Johnson Kellogg Company Kimberly-Clark Corp Kraft Foods, Inc. CL A L-3 Communications Holdings, Inc. Lab CP of America Holding New Lauder, Estee Co., Inc. CL A Lee Enterprises, Inc. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 15,301 149,000 4,833 10,600 10,150 4,000 9,300 9,000 2,415 248,916 103,535 4,080 17,359 33,014 4,600 5,000 320,086 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
12 Lehman Brothers Holding, Inc. Level 3 Communications, Inc. Lilly, Eli & Co. Lincoln National Corp. Linn Energy Lowes Companies Inc. Magellan Midstream Holdings LP Marriott International, Inc. - CL A McDonalds Corporation Media General, Inc. Medtronic, Inc. Merck & Co. Merrill Lynch & Co., Inc. Methode Electronics, Inc. Class A Mettler-Toledo International, Inc. Microchip Technology, Inc. Microsoft Corporation common common common common common common common common common common common common common common common common common 524908100 52729N100 532457108 534187109 536020100 548661107 55907R108 571903202 580135101 584404107 585055106 589331107 590188108 591520200 592688105 595017104 594918104 $1,357,880 $48,640 $269,086 $893,386 $703,343 $13,484,486 $201,000 $564,825 $4,300,273 $2,340,390 $8,200,193 $5,208,225 $388,267 $295,920 $1,035,580 $246,647 $20,908,563 20,750 16,000 5,040 15,345 28,100 596,131 7,500 16,525 72,997 110,136 163,123 89,627 7,233 18,000 9,100 7,850 587,319 20,750 16,000 5,040 15,345 28,100 596,131 7,500 16,525 72,997 110,136 163,123 89,627 7,233 18,000 9,100 7,850 587,319
Lehman Brothers Holding, Inc. Level 3 Communications, Inc. Lilly, Eli & Co. Lincoln National Corp. Linn Energy Lowes Companies Inc. Magellan Midstream Holdings LP Marriott International, Inc. - CL A McDonalds Corporation Media General, Inc. Medtronic, Inc. Merck & Co. Merrill Lynch & Co., Inc. Methode Electronics, Inc. Class A Mettler-Toledo International, Inc. Microchip Technology, Inc. Microsoft Corporation 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 20,750 16,000 5,040 15,345 28,100 596,131 7,500 16,525 72,997 110,136 163,123 89,627 7,233 18,000 9,100 7,850 587,319 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
13 Monsanto Company Moore-Handley, Inc. Morgan, JP Chase & Co. Mosaic Company Motorola, Inc. Nabors Industries Ltd. National Dentex Corp. Newell Rubbermaid, Inc. Nokia Corp. Norfolk Southern Corp. Norvartis A G Spon ADR F NovaGold Resources, Inc. Nuveen Multi. Strat. Income Nuveen Muni Advantage Fund Nuveen NC Div AD Muni Fund Fd 2 Nuveen NC Div AD Muni Fund NC Nuveen NC Div AD Muni Fund NC common common common common common common common common common common common common common common common common common 61166W101 615762101 46625H100 61945A107 620076109 G6359F103 63563H109 651229106 654902204 655844108 66987V109 66987 E206 67073D102 67062H106 67070F100 67072D103 67071D104 $290,394 $41,040 $413,060 $835,381 $3,523,828 $235,554 $2,877,046 $275,777 $13,487,559 $363,168 $280,511 $10,742,991 $175,450 $277,000 $187,250 $518,166 $397,830 2,600 17,100 9,463 8,855 219,690 8,600 180,719 10,656 351,330 7,200 5,165 1,316,543 15,950 20,000 12,500 38,241 29,800 2,600 17,100 9,463 8,855 219,690 8,600 180,719 10,656 351,330 7,200 5,165 1,316,543 15,950 20,000 12,500 38,241 29,800
Monsanto Company Moore-Handley, Inc. Morgan, JP Chase & Co. Mosaic Company Motorola, Inc. Nabors Industries Ltd. National Dentex Corp. Newell Rubbermaid, Inc. Nokia Corp. Norfolk Southern Corp. Norvartis A G Spon ADR F NovaGold Resources, Inc. Nuveen Multi. Strat. Income Nuveen Muni Advantage Fund Nuveen NC Div AD Muni Fund Fd 2 Nuveen NC Div AD Muni Fund NC Nuveen NC Div AD Muni Fund NC 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2,600 17,100 9,463 8,855 219,690 8,600 180,719 10,656 351,330 7,200 5,165 1,316,543 15,950 20,000 12,500 38,241 29,800 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
14 Nuveen Perf Plus Muni Fund, Inc. Nuveen Quality Pfd Incm Fd Nuveen Real Estate Inc. Fund Nuveen Select Tax Free Inc Port 3 Nymex Holdings, Inc. Oil Service Holders Dep. RCPT Old Dominion Freight Lines Old Rep. Intl. Corp. Path 1 Network Techs. Penn Virginia Group Holding LP Pepsico, Inc. PetroChina Co. ADR Petrohawk Energy Corp. Pfizer, Inc. Pharsight Corp. Pimco Corporate Opportunity Fund Pimco Strategic Global common common common common common common common common common common common common common common common common common 67062P108 67071S101 67071B108 67063X100 62948N104 678002106 679580100 680223104 703186205 70788P105 713448108 71646E 100 716495106 717081103 71721Q200 72201B101 72200X104 $139,360 $319,455 $648,619 $144,320 $617,278 $1,180,808 $454,943 $566,734 $145 $1,500,736 $26,872,970 $2,818,926 $1,745,714 $1,496,384 $73,422 $161,400 $765,437 10,400 30,925 40,845 11,000 4,620 6,247 19,686 36,777 29,000 52,400 354,058 16,065 100,850 65,833 13,018 12,000 79,650 10,400 30,925 40,845 11,000 4,620 6,247 19,686 36,777 29,000 52,400 354,058 16,065 100,850 65,833 13,018 12,000 79,650
Nuveen Perf Plus Muni Fund, Inc. Nuveen Quality Pfd Incm Fd Nuveen Real Estate Inc. Fund Nuveen Select Tax Free Inc Port 3 Nymex Holdings, Inc. Oil Service Holders Dep. RCPT Old Dominion Freight Lines Old Rep. Intl. Corp. Path 1 Network Techs. Penn Virginia Group Holding LP Pepsico, Inc. PetroChina Co. ADR Petrohawk Energy Corp. Pfizer, Inc. Pharsight Corp. Pimco Corporate Opportunity Fund Pimco Strategic Global 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 10,400 30,925 40,845 11,000 4,620 6,247 19,686 36,777 29,000 52,400 354,058 16,065 100,850 65,833 13,018 12,000 79,650 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
15 Pioneer Natural Res. Co. Potash Corp. Sask, Inc. Praxair, Inc. Procter & Gamble Progress Energy, Inc. Provident Bankshares Corp Qualcomm, Inc. Regions Financial Corp. Republic Services, Inc. Royal Dutch Shell A ADRF Ruddick Corp. Ruths Chis Steak House, Inc. Saic, Inc. Sara Lee Corporation SCBT Finanical Corp. Schering-Plough Corp Security Bank Corp. common common common common common common common common common common common common common common common common common 723787107 73755L107 74005P104 742718109 743263105 743859100 747525103 758940100 760759100 780259206 781258108 783332109 78390X101 803111103 78401V102 806605101 814047106 $421,245 $716,921 $1,095,569 $17,736,437 $482,024 $493,318 $571,559 $426,078 $407,550 $227,340 $1,019,922 $68,500 $816,872 $201,425 $849,294 $274,925 $112,102 8,625 4,980 12,350 241,575 9,953 23,063 14,525 18,016 13,000 2,700 29,418 10,000 40,600 12,542 26,817 10,320 12,265 8,625 4,980 12,350 241,575 9,953 23,063 14,525 18,016 13,000 2,700 29,418 10,000 40,600 12,542 26,817 10,320 12,265
Pioneer Natural Res. Co. Potash Corp. Sask, Inc. Praxair, Inc. Procter & Gamble Progress Energy, Inc. Provident Bankshares Corp Qualcomm, Inc. Regions Financial Corp. Republic Services, Inc. Royal Dutch Shell A ADRF Ruddick Corp. Ruths Chis Steak House, Inc. Saic, Inc. Sara Lee Corporation SCBT Finanical Corp. Schering-Plough Corp Security Bank Corp. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8,625 4,980 12,350 241,575 9,953 23,063 14,525 18,016 13,000 2,700 29,418 10,000 40,600 12,542 26,817 10,320 12,265 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
16 Sempra Energy Sirius Satellite Radio Sonoco Products Southern Community Financial Spartan Motors Spectra Energy Corp. Starbucks Corp. Stericycle, Inc. Stryker Corporation Suntrust Banks, Inc. SVB Financial Group, Inc. Sysco Corporation Take Two Interactv Software Target Corporation Teva Pharmaceutical Texas Instruments Top Tankers, Inc. common common common common common common common common common common common common common common common common common 816851109 82966U103 835495102 842632101 846819100 847560109 855244109 858912108 863667101 867914103 78486Q101 871829107 874054109 87612E106 881624209 882508104 Y8897Y107 $241,641 $63,630 $1,711,974 $470,336 $122,698 $425,798 $501,515 $1,188,000 $392,280 $1,811,773 $231,840 $9,965,544 $203,411 $2,797,600 $1,216,614 $454,407 $1,670,000 3,905 21,000 52,386 72,027 16,060 16,491 24,500 20,000 5,250 28,993 4,600 319,306 11,025 55,952 26,175 13,605 500,000 3,905 21,000 52,386 72,027 16,060 16,491 24,500 20,000 5,250 28,993 4,600 319,306 11,025 55,952 26,175 13,605 500,000
Sempra Energy Sirius Satellite Radio Sonoco Products Southern Community Financial Spartan Motors Spectra Energy Corp. Starbucks Corp. Stericycle, Inc. Stryker Corporation Suntrust Banks, Inc. SVB Financial Group, Inc. Sysco Corporation Take Two Interactv Software Target Corporation Teva Pharmaceutical Texas Instruments Top Tankers, Inc. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3,905 21,000 52,386 72,027 16,060 16,491 24,500 20,000 5,250 28,993 4,600 319,306 11,025 55,952 26,175 13,605 500,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
17 Toyota Motor CP ADR Triad Guaranty Inc. TriStone Community Bank U S G Corporation Ultra Petroleum Corp. Unifirst Corporation - Mass Union Pacific Corp. United Health Group, Inc. United Parcel Service CL B United Technologies Corp. Unumprovident Corp. US Bancorp Del Valero Energy Corp. Vanguard FTSE All World Vanguard Growth ETF Vanguard Health Care Vipers Vanguard Industrial VPR common common common common common common common common common common common common common common common common common 892331307 895925105 89676R106 903293405 903914109 904708104 907818108 91324P102 911312106 913017109 91529Y106 902973304 91913Y100 922042775 922908736 92204A504 92204A603 $6,942,987 $6,005,038 $780,980 $3,039,824 $1,944,800 $726,028 $974,434 $5,076,204 $525,732 $2,749,011 $237,900 $2,149,020 $707,583 $375,098 $828,968 $354,627 $252,161 65,395 612,759 91,880 84,935 27,200 19,106 7,757 87,220 7,434 35,916 10,000 67,707 10,104 6,400 12,856 5,850 3,450 65,395 612,759 91,880 84,935 27,200 19,106 7,757 87,220 7,434 35,916 10,000 67,707 10,104 6,400 12,856 5,850 3,450
Toyota Motor CP ADR Triad Guaranty Inc. TriStone Community Bank U S G Corporation Ultra Petroleum Corp. Unifirst Corporation - Mass Union Pacific Corp. United Health Group, Inc. United Parcel Service CL B United Technologies Corp. Unumprovident Corp. US Bancorp Del Valero Energy Corp. Vanguard FTSE All World Vanguard Growth ETF Vanguard Health Care Vipers Vanguard Industrial VPR 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 65,395 612,759 91,880 84,935 27,200 19,106 7,757 87,220 7,434 35,916 10,000 67,707 10,104 6,400 12,856 5,850 3,450 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
18 Vanguard Information Tech. Vanguard Intl. Equity Index Fd. Vanguard Intl. Equity Index Fd. Vaughan Furniture Company Verizon Communications VF Corporation Wachovia Corporation New Walgreen Company Wal-Mart Stores, Inc. Washington Federal, Inc. WellPoint, Inc. Wells Fargo & Co. Weyco Group, Inc. Wyeth XTO Energy, Inc. Zimmer Holdings, Inc. common common common common common common common common common common common common common common common common 92204A702 922042866 922042858 92238L104 92343V104 918204108 929903102 931422109 931142103 938824109 94973V107 949746101 962149100 983024100 98385X106 98956P102 $1,016,028 $470,863 $1,543,640 $0 $363,938 $1,846,473 $8,573,861 $7,601,073 $4,925,534 $225,286 $6,648,355 $1,135,446 $868,010 $599,791 $8,423,810 $2,620,532 16,900 6,950 14,800 19,972 8,330 26,893 225,450 199,608 103,630 10,672 75,782 37,610 31,564 13,573 164,015 39,615 16,900 6,950 14,800 19,972 8,330 26,893 225,450 199,608 103,630 10,672 75,782 37,610 31,564 13,573 164,015 39,615 Grand Total 12/31/07 $655,360,962
Vanguard Information Tech. Vanguard Intl. Equity Index Fd. Vanguard Intl. Equity Index Fd. Vaughan Furniture Company Verizon Communications VF Corporation Wachovia Corporation New Walgreen Company Wal-Mart Stores, Inc. Washington Federal, Inc. WellPoint, Inc. Wells Fargo & Co. Weyco Group, Inc. Wyeth XTO Energy, Inc. Zimmer Holdings, Inc. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 16,900 6,950 14,800 19,972 8,330 26,893 225,450 199,608 103,630 10,672 75,782 37,610 31,564 13,573 164,015 39,615 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
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