EFTA00198844¶
OFFICE SERVICING YOUR ACCOUNT¶
Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
CLEARED THROUGH ITS¶
WHOLLY OWNED SUBSDIARY¶
| | |¶
| :--- | :--- |¶
| ACCOUNT EXECUTIVE | ZICHERMAN, IRA |¶
| TELEPHONE | |¶
| VISIT OUR WEBSITE | www.bearstearns.com |¶
Your Portfolio Holdings … 4¶
Transaction Detail … 5¶
What’s In This Statement¶
Fund Activity 6¶
Your Messages … 7¶
INTERNATIONAL CHARITABLE¶
INTERESTS II DTD 08/30/94¶
FINCL TR CO INC TTEE *¶
ATTN JEANIE BRENNAN¶
6100 RED HOOK QUARTER STE B-3¶
ST THOMAS VI 00802¶
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
INTERNATIONAL CHARITABLE¶
ACCOUNT NUMBER¶
THROUGH September 27, 2002¶
STATEMENT PERIOD August 31, 2002¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | August 30, 2002 |¶
| :--- | :--- |¶
Your Portfolio at a Glance¶
There are no “Stop Loss” orders or other pending buy or sell open orders on file for your account.¶
| TOTAL VALUE OF SECURITIES THIS PERIOD | 62,108 |
| NET CREDIT BALANCE | 469,941 |
| MONEY MARKET FUND BALANCE | 9,010,065 |
| NET EQUITY THIS PERIOD | $9,542,114 |
| NET EQUITY LAST STATEMENT | 9,556,270 |
| CHANGE SINCE LAST STATEMENT | -14,156 |
Market Value of Your Portfolio¶
Please report any difference or non-receipt of checks or stocks, indicated as delivered to you, to Client Services at 800-634-1428; or write to Client Services at Bear, Steams Securities Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3859.¶
Confirmation: Unless we hear from you to the contrary, it is our understanding that any free credit balances in your account are being maintained to facilitate your intention to invest such amounts through us.¶
Important Message¶
This summary is for informational purposes only. It is not intended as a tax document. This statement should be retained for your records. See reverse side for important information.¶
027 09/28/02;13:15 001¶
EFTA00198845¶
CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY¶
2 of 9¶
Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859¶
STATEMENT BACKER IS PRINTED ON THIS PAGE¶
INTERNATIONAL CHARITABLE¶
027¶
EFTA00198846¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT¶
Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
3 of 9¶
Cash Flow Analysis¶
| THIS PERIOD | |
| OpeningBalance | $285,416.81 |
| Securities Sold | 184,153.54 |
| Money Fund | 10,065.03 |
| Dividends/Interest | 370.81 |
| Amount Credited | $194,589.38 |
| Money Fund | -10,065.03 |
| Amount Debited | $-10,065.03 |
| Net Cash Activity | 184,524.35 |
| Closing Balance | $469,941.16 |
Cash Balance Summary¶
| OPENING | CLOSING | |
| Cash | 285,416.81 | 469,941.16 |
| Net Cash Balance | $285,416.81 | $469,941.16 |
Income Summary¶
| THIS PERIOD | YEAR TO DATE | |
| Dividends | 10,065.03 | 10,065.03 |
| Credit Balance Int. | 370.81 | 2,949.60 |
| Total | $10,435.84 | $13,014.63 |
Portfolio Composition¶
| Cash/Cash Equivalent | 9,480,006 |
| Equities | 62,108 |
| Total | $9,542,114 |
027¶
CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY¶
Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859¶
INTERNATIONAL CHARITABLE¶
| STATEMENT PERIOD | August 31, 2002 |
|---|---|
| THROUGH | September 27, 2002 |
09/28/02;13:15 001¶
ACCOUNT NUMBER¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | August 30, 2002 |¶
| :--- | :--- |¶
Your Portfolio Allocation¶
Unshaded portions denote debit balance and/or short market values. The allocation percentage is derived from the absolute market value of your portfolio.¶
EFTA00198847¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT¶
Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
4 of 9¶
Your Portfolio Holdings¶
CASH & CASH EQUIVALENTS¶
| DESCRIPTION | SYMBOL/CUSIP | QUANTITY | PRICE | MARKET VALUE | ESTIMATED ANNUAL INCOME | CURRENT YIELD (%) |
|---|---|---|---|---|---|---|
| CASH BALANCE | 469,941 | |||||
| DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD 1,7000% | DICXX | 9,010,065.03 | 1.0000 | 9,010,065 | 153,171 | 1.7000 |
| TOTAL CASH & CASH EQUIVALENTS | $9,480,006 | $153,171 |
EQUITIES¶
Equities & Options¶
| DESCRIPTION | SYMBOL/CUSIP | ACCT TYPE | QUANTITY | PRICE | MARKET VALUE | ESTIMATED ANNUAL INCOME | CURRENT YIELD(%) |
| UNITED RETAIL GROUP INC | URGI | CASH | 13,650 | 4.5500 | 62,108 | ||
| Total Equities&Options | $62,108 | $0 | |||||
| TOTAL EQUITIES | $62,108 | $0 |
| YOUR TOTAL ESTIMATED ANNUAL INCOME | $153,171 |
| YOUR PRICED PORTFOLIO HOLDINGS | $9,542,114 |
CLEARED THROUGH ITS¶
WHOLLY OWNED SUBSIDIARY¶
Bear, Steams Securities Corp.¶
One Metratech Center North¶
Brooklyn, New York 11201-3859¶
INTERNATIONAL CHARITABLE¶
STATEMENT PERIOD August 31, 2002¶
| THROUGH | September 27, 2002 |¶
| :--- | :--- |¶
AGCOUNT NUMBER¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | August 30, 2002 |¶
| :--- | :--- |¶
027¶
09/28/02;13:15 001¶
EFTA00198848¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT¶
Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY¶
Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859¶
5 of 9¶
INTERNATIONAL CHARITABLE¶
Transaction Detail¶
INVESTMENT ACTIVITY¶
| SETTLEMENT DATE | TRADE DATE | TRANSACTION | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | PRICE | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|---|---|---|---|
| 09/04/02 | 08/29/02 | SOLD | CACHE INC NEW AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED AVG PRICE: DETAILS ON REQUEST | CACH | -1,100 | 10.65000 | 11,646.14 | |
| 09/04/02 | 08/29/02 | SOLD | G-III APPAREL GROUP LTD UNSOLICITED | GIII | -200 | 6.80000 | 1,327.45 | |
| 09/05/02 | 08/30/02 | SOLD | CACHE INC NEW AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED AVG PRICE: DETAILS ON REQUEST | CACH | -1,000 | 11.00000 | 10,937.16 | |
| 09/05/02 | 08/30/02 | SOLD | G-III APPAREL GROUP LTD UNSOLICITED | GIII | -100 | 6.75000 | 642.47 | |
| 09/05/02 | 08/30/02 | SOLD | NOVEL DENIM HOLDINGS LTD AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED AVG PRICE: DETAILS ON REQUEST | NVLD | -2,200 | 5.19000 | 11,283.15 | |
| 09/05/02 | 08/30/02 | SOLD | UNITED RETAIL GROUP INC AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED AVG PRICE: DETAILS ON REQUEST | URGI | -1,500 | 5.00000 | 7,407.27 | |
| 09/09/02 | 09/04/02 | SOLD | NOVEL DENIM HOLDINGS LTD UNSOLICITED | NVLD | -950 | 5.12000 | 4,804.35 | |
| 09/11/02 | 09/06/02 | SOLD | G-III APPAREL GROUP LTD UNSOLICITED | GIII | -20,550 | 6.00000 | 122,060.78 | |
| 09/20/02 | 09/17/02 | SOLD | CACHE INC NEW AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED AVG PRICE: DETAILS ON REQUEST | CACH | -1,350 | 10.46570 | 14,044.77 |
027¶
09/28/02;13:15 001¶
EFTA00198849¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT¶
Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
CLEARED THROUGH ITS CLEARLY WOUNDED SUBSIDIARY¶
Bear, Steams Securities Corp.¶
One Metrotech Center North Brooklyn, New York 11201-3859¶
6 of 9¶
INTERNATIONAL CHARITABLE¶
Transaction Detail (continued)¶
STATEMENT PERIOD August 31, 2002¶
THROUGH September 27, 2002¶
MONEY FUND ACTIVITY¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | August 30, 2002 |¶
| :--- | :--- |¶
| DATE MO/DAY | TRANSACTION | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | PRICE | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|---|---|---|
| 08/31/02 | OPENINGBALANCE | 9,000,000 | |||||
| 09/03/02 | DIVIDEND | DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES MONTHLY DIVIDEND | DICXX | 10,065.03 | |||
| 09/03/02 | REINVEST | DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES DIVIDEND REINVESTED | DICXX | 10,065.03 | 10,065.03 | ||
| 09/27/02 | CLOSINGBALANCE | 9,010,065.03 | |||||
| TOTAL | -10,065.03 | $10,065.03 | |||||
INTEREST¶
| DATE | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | RATE (%) | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|---|---|
| 09/23/02 | INTEREST ON CREDIT BALANCE AT 1 1/4% 08/21 THRU 09/20 | 1.2500 | 370.81 | |||
| TOTAL | $370.81 | |||||
027¶
09/28/02;13:15 001¶
EFTA00198850¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT¶
Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
CLEARED THROUGH ITS¶
CLEARLY WOUNDED SUBSIDIARY¶
7 of 9¶
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
At May 31, 2002 and July 31, 2002, the Company’s net capital of approximately $2.5 billion and $2.0 billion was approximately 7% and 6% of aggregate debit items and exceeded the minimum regulatory net capital requirement of approximately $679.9 million and $644.8 million by approximately $1.8 billion and $1.3 billion, all respectively.¶
INTERNATIONAL CHARITABLE¶
A complete copy of the Bear, Stearns Securities Corp. Statement of Financial Condition is available on the web site www.bearstearns.com , Alternatively, to request a free printed copy please call -toll free 1-866-299-9331.¶
Your messages¶
Bear, Stearns Securities Corp. Net Capital and Net Capital Requirements:¶
STATEMENT PERIOD August 31, 2002¶
THROUGH September 27, 2002¶
AGCOUNT NUMBER¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | August 30, 2002 |¶
| :--- | :--- |¶
Securities and other assets in your account are the firm’s collateral for any margin loan made to you. If the securities and other assets in your account decline in value, so does the value of the collateral supporting your loan, and, as a result, the firm can take action, such as issue a margin call and/or sell securities or other assets in any of your accounts held with the member, in order to maintain the required equity in the account. It is important that you fully understand the risks involved in trading securities on margin. These risks include the following:¶
The firm can force the sale of securities or other assets in your account(s).
¶
You can lose more funds than you deposit in the margin account.
¶
The firm can sell your securities or other assets without contacting you.
¶
You are not entitled to choose which securities or other assets in your account(s) are liquidated or sold to meet a margin call.
¶
The firm can increase its “house” maintenance margin requirements at any time and is not required to provide you advance written notice.
¶
You are not entitled to an extension of time on a margin call.
¶
027¶
09/28/02;13:15 001¶
EFTA00198851¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT¶
Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
CLEARED THROUGH ITS¶
WHOLLY OWNED SUBSDIARY¶
8 of 9¶
Bear, Steams Securities Corp.¶
One Metrotech Center North Brooklyn, New York 11201-3859¶
INTERNATIONAL CHARITABLE¶
BSC routes a majority of orders for customer securities transactions to the primary market for such securities. Orders may also be routed to other market service vendors that assure executions pursuant to complex mathematical formulas at better than the national best bid or best offer (NBBO). BSC receives no cash payment or other consideration for such order routing other than favorable executions or executions of limit orders at no additional charge.¶
This statement is provided to explain Bear, Stearns & Co., Inc.’s (“BSC”) payment for order flow practices.¶
STATEMENT PERIOD August 31, 2002¶
| THROUGH | September 27, 2002 |¶
| :--- | :--- |¶
AGCOUNT NUMBER¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | August 30, 2002 |¶
| :--- | :--- |¶
Pursuant to SEC Rule 11Ac1-6, please note the following:¶
Bear, Stearns & Co., Inc. will post its quarterly routing statistics at the following web link:¶
http://www.bearstearns.com/bearstearns/individualinvestor/equititesord¶
erroutingpractices.htm¶
Customers of Bear, Stearns & Co. Inc. may request information on any order executed within the prior six months from the time of the request. Specifically, you may request the identity of the venue to which the identified orders were routed for execution, whether the order was directed by you to that venue, and the time of the executions, if any, that resulted from such orders.¶
027¶
09/28/02;13:15 001¶
V636¶
EFTA00198852¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT¶
Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
CLEARED THROUGH ITS¶
WHOLLY OWNED SUBSDIARY¶
9 of 9¶
Bear, Steams Securities Corp.¶
One Metrotech Center North Brooklyn, New York 11201-3859¶
INTERNATIONAL CHARITABLE¶
The following account service fees will be charged to applicable accounts as of November 1, 2002:¶
The service charge per transaction will be $5.00. Accounts transferred from Bear Stearns will be charged a $75.00 account transfer fee. There will be a $50.00 fee for each stock certificate that is sent out in registered form at the customer’s request. We strongly recommend against holding stock certificates in physical form due to the possibility of theft, loss or damage.¶
STATEMENT PERIOD August 31, 2002¶
THROUGH September 27, 2002¶
AGCOUNT NUMBER¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | August 30, 2002 |¶
| :--- | :--- |¶
NOTICE OF CHANGE PURSUANT TO THE TRUTH IN LENDING SEC RULE 10b-16¶
Effective as of November 15, 2002, the annual rate of interest charged on any credit extended to you by Bear Stearns Securities for the purpose of purchasing, carrying or trading in any security or other property shall be based on either the Bear Stearns Margin Basis Rate, the Bear Stearns Securities Fed Funds Rate or the London Interbank Offering Rate (“LIBOR”). The Bear Stearns Margin Basis Rate will be quoted daily by Bear Stearns at our main office in New York. Factors affecting the determination of the Bear Stearns Margin Basis Rate will include the short-term market interest rates quoted by money center banks and the Federal Reserve and the rate that Bear Stearns is charged for borrowing money. The Bear Stearns Securities Fed Funds Rate is the rate for U,S, dollar funds, as quoted by an independent broker of such funds selected by Bear Stearns Securities for the last transaction completed prior to 9:30 a.m. (Eastern Time) on the business day on which such rate is determined. The annual rate of interest will be no more than 3% above the Bear Stearns Margin Basis Rate or 4% above either the Bear Stearns Securities Fed Funds Rate or LIBOR and will appear on your monthly statements. Since the rate of interest charged is related to the Bear Stearns Margin Basis Rate, the Bear Stearns Securities Fed Funds Rate or LIBOR, any changes in these rates will cause corresponding changes in the rate charged to your account, which changes will be made without prior notice to you. If for any other reason Bear Stearns Securities changes the rate of interest it charges you, we will give you at least 30 days prior notice.¶
The “Statement of Interest Charges Pursuant to the “Truth-in-Lending” SEC Rule 10b-16” previously provided to you remains in effect except to the extent specifically amended by this notice.¶
027¶
09/28/02;13:15 001¶