Valuation
Statement as of May 15, 2005
FIRST BUY SHARES
COST PRICE PER TOTAL PERCENT TOTAL
COMPOUND
OR VALUATN OWNED
PER TOTAL SHARE
VALUE OF RETURN ANN. RET.
SECURITY TS DRP
DATE THIS DATE SHARE
COST THIS
DATE THIS DATE TOTAL
SINCE 01/01/05
=============================================================================================================
Cardinal Health CAH 01/01/05 15.000
58.2407 873.61 57.5300
862.95 7.6% -0.96%
-2.60%
Coca-Cola KO 01/01/05 19.000
46.2784 879.29 44.1100
838.09 7.4% 6.62%
19.09%
Coor's B-Molsons TAP 01/01/05 15.000
70.0927 1051.39 60.2000
903.00 8.0% -25.43% -55.06%
Ethan Allen ETH 01/01/05 20.000
36.0600 721.20 29.8000
596.00 5.3% -24.88% -54.15%
General Dynamics GD 01/01/05 5.000
62.1980 310.99 105.4300
527.15 4.7% 1.52%
4.21%
Hershey's HSY 03/03/05 15.000
63.6027 954.04 66.2500
993.75 8.8% 4.16%
22.63%
Johnson and John JNJ 01/01/05 20.000
50.3295 1006.59 67.1000
1342.00 11.9% 6.27%
18.02%
Lowes LOW 01/01/05 15.000
48.5027 727.54 52.8600
792.90 7.0% -8.08%
-20.52%
Proctor & Gamble PG 03/03/05 15.000
54.0227 810.34 54.7500
821.25 7.3% 1.35%
6.92%
Walgreens WAG 01/01/05 25.000
37.0892 927.23 44.0500
1101.25 9.8% 14.95%
46.19%
---------- ---------- ------
Total Securities this Date 8262.22 8778.34 77.7% ------ ------
Returns for Securities Shown from First
Buy or Valuation Date -2.78% -7.41%
Security Returns from Start or Switchover
to this Date -4.00% -10.54%
Cash on Hand - Bank
690.06 690.06 6.1%
Cash on Hand - Broker
1822.80 1822.80 16.1%
Cash on Hand - Suspense 0.00 0.00 0.0%
---------- ----------
------
Total Cash Accounts this Date 2512.86 2512.86 22.3%
---------- ----------
------
Total Securities and Cash Accounts This
Date 10775.08 11291.20 100.0%
Petty Cash $ 0.00
Total number of Valuation Units to
Date 10290.022530
Value of Each Unit This Date $ 1.097
Number of Units Each
$ 1.00 will Purchase 0.911
Members Status
Report as of May 15, 2005
PAID IN TOTAL
PAID IN UNITS TOTAL
COMPOUND
SINCE PAID IN
PLUS SINCE UNITS CURRENT PERCENT RETURN ANN RET
NO.
NAME 04/15/05 TO DATE
EARNINGS 04/15/05 OWNED VALUE OWNRSHP SINCE 01/01/05
=============================================================================================================
1 Hill, Clay & Ja 25.00
1970.00 1724.85 24.997140 1922.188495 2109.21
18.68% -3.58% -9.46%
2 Nichols, Jim & 25.00
1734.00 1544.74 24.997140 1722.645340 1890.25
16.74% -3.57% -9.43%
3 O'Hara, Thomas 25.00
2310.00 2011.68 24.997140 2193.181263 2406.57
21.31% -3.59% -9.49%
4 Schaffer, Bill 25.00
1945.00 1710.71 24.997140 1871.172523 2053.23
18.18% -3.58% -9.45%
5 Schaffer, Conni 25.00
1945.00 1710.71 24.997140 1871.172523 2053.23
18.18% -3.58% -9.45%
6 Schaffer, Patri 25.00
750.00 845.59 24.997140
709.662386 778.71 6.90% -3.40%
-9.00%
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---------- ---------- ----------- ---------- ------- ------
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TOTALS 150.00 10654.00
9548.28
149.982840 10290.022530
11291.20 100.00% 18.83 3.26