EFTA00198987¶
OFFICE SERVICING YOUR ACCOUNT¶
Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
| | |¶
| :--- | :--- |¶
| ACCOUNT EXECUTIVE | ZICHERMAN, IRA |¶
| TELEPHONE | |¶
| VISIT OUR WEBSITE | www.bearstearns.com |¶
CLEARED THROUGH ITS¶
WHOLLY OWNED SUBSDIARY¶
What’s In This Statement¶
Your Portfolio Holdings … 4¶
Transaction Detail … 4¶
Fund Activity 4¶
Your Messages 5¶
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¶
STATEMENT PERIOD May 29, 2004¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | May 28, 2004 |¶
| :--- | :--- |¶
THROUGH June 30, 2004¶
There are no “Stop Loss” orders or other pending buy or sell open orders on file for your account.¶
Your Portfolio at a Glance¶
| NET CREDIT BALANCE | 965 |
| MONEY MARKET FUND BALANCE | 29,762,774 |
| NET EQUITY THIS PERIOD | $29,763,739 |
| NET EQUITY LAST STATEMENT | 29,741,390 |
| CHANGE SINCE LAST STATEMENT | 22,349 |
Market Value of Your Portfolio¶
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.¶
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.¶
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 07:01/04:13:31 001¶
EFTA00198988¶
CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY¶
2 of 6¶
Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859¶
STATEMENT BACKER IS PRINTED ON THIS PAGE¶
INTERNATIONAL CHARITABLE¶
027¶
EFTA00198989¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
3 of 6¶
Cash Flow Analysis¶
| THIS PERIOD | |
| OpeningBalance | $964.97 |
| Money Fund | 22,349.69 |
| Amount Credited | $22,349.69 |
| Money Fund | -22,349.69 |
| Amount Debited | $-22,349.69 |
| ClosingBalance | $964.97 |
Cash Balance Summary¶
| OPENING | CLOSING | |
| Cash | 964.97 | 964.97 |
| Net Cash Balance | $964.97 | $964.97 |
Income Summary¶
| THIS PERIOD | YEAR TO DATE | |
|---|---|---|
| Dividends | 22,349.69 | 58,206.97 |
| Total | $22,349.69 | $58,206.97 |
Portfolio Composition¶
| Cash/Cash Equivalent | 29,763,739 |
| Total | $29,763,739 |
CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY¶
Bear, Steams Securities Corp. One Metratech Center North Brooklyn, New York 11201-3859¶
INTERNATIONAL CHARITABLE¶
| STATEMENT PERIOD | May 29, 2004 |
|---|---|
| THROUGH | June 30, 2004 |
TAXPAYER NUMBER On File¶
| LAST STATEMENT | May 28, 2004 |¶
| :--- | :--- |¶
Unshaded portions denote debit balance and/or short market values. The allocation percentage is derived from the absolute market value of your portfolio.¶
EFTA00198990¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT¶
Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
4 of 6¶
Your Portfolio Holdings¶
CASH & CASH EQUIVALENTS¶
| DESCRIPTION | SYMBOL/CUSIP | QUANTITY | PRICE | MARKET VALUE | ESTIMATED ANNUAL INCOME | CURRENТ YIELD (%) |
|---|---|---|---|---|---|---|
| CASH BALANCE | 965 | |||||
| DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES EST. 30 DAY AVG YIELD 1,1200% | DICXX | 29,762,774.44 | 1.0000 | 29,762,774 | 267,865 | 0.9000 |
| TOTAL CASH & CASH EQUIVALENTS | $29,763,739 | $267,865 |
| YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME | $267,865 |
| YOUR PRICED PORTFOLIOHOLDINGS | $29,763,739 |
CLEARED THROUGH ITS¶
WHOLLY OWNED SUBSIDIARY¶
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
MONEY FUND ACTIVITY¶
Transaction Detail¶
INTERNATIONAL CHARITABLE¶
| DATE MO/DAY | TRANSACTION | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | PRICE | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|---|---|---|
| 05/29/04 | OPENINGBALANCE | 29,740,424.75 |
STATEMENT PERIOD May 29, 2004¶
ACCOUNT NUMBER¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | May 28, 2004 |¶
| :--- | :--- |¶
THROUGH June 30, 2004¶
| 06/01/04 | DIVIDEND | DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES MONTHLY DIVIDEND | DICXX | 22,349.69 | ||
| 06/01/04 | REINVEST | DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES DIVIDEND REINVEST | DICXX | 22,349.69 | 22,349.69 |
027¶
07/01/04;13:31 001¶
EFTA00198991¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
CLEARED THROUGH ITS WHOLLY OWNED SUBSDIARY¶
Bear, Steams Securities Corp.¶
One Metrotech Center North Brooklyn, New York 11201-3859¶
INTERNATIONAL CHARITABLE¶
| DATE MO/DAY | TRANSACTION | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | PRICE | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|---|---|---|
| 06/30/04 | CLOSINGBALANCE | 29,762,774.44 | |||||
| TOTAL | -$22,349.69 | $22,349.69 | |||||
Your messages¶
Notice Regarding a Change in The Statement of Interest Charges Pursuant to the “Truth-in-Lending” Rule 10 (b)-16 Regarding Short Sales And Marking-To-The-Market¶
Effective no earlier than thirty (30) days from your receipt of this statement, we will compute interest regarding your short sales and marking-to-the market as follows:¶
The credit that appears on your statement due to short sales (including short sales against the box) is offset by a debit of like amount because Bear Stearns Securities has to borrow the same security in order to deliver it to the buying broker and has to provide its lender additional collateral of up to 105% of the settled short market value of the borrowed securities to secure such loan. This means that the debit balance on which interest is computed will be the difference between (i) up to 105% of the settled short market value of such short sales (across all currencies), which shall be calculated daily, and (ii) the proceeds of such short sales.¶
Any short positions in your account will be kept “marked-to-the market”. This means that periodically the balance maintained in the short account will be adjusted to equal the market value of the short securities. Securities that are priced below five dollars per share may be valued at five dollars per share for short marking-to-the market purposes. If a security has been sold short (or sold short against the box) and has appreciated in market price over the selling price, interest will be charged on the amount of appreciation; if it depreciates in market price, interest will be correspondingly reduced by the drop in value. The appreciation or depreciation of securities sold short will be determined by Bear Stearns Securities based upon daily closing prices or quotations provided by pricing services, as applicable, or upon such factors as Bear Stearns Securities in its sole judgement deems pertinent.¶
Please note that the other sections of the “Truth-in-Lending” disclosure previously provided to you remain unchanged.¶
027¶
07/01/04;13:31 001¶
V832¶
EFTA00198992¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT¶
Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
6 of 6¶
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
INTERNATIONAL CHARITABLE¶
Pursuant to the terms of the equity research settlement that was entered into by Bear Stearns and other major investment banks, we will soon make available to our customers, independent third-party research (“Independent Research”), at no cost, on the common stock of certain companies covered by the Firm’s Equity Research Department (“Covered Company”). Customers will be able to access this research at www.bearstearns.com or can call (800) 517-2327 to request that a copy of this research be sent to them. Further, Bear Stearns will notify certain of our customers, at the time of each solicited order to buy or sell the common stock of a Covered Company, of the availability of Independent Research, and will provide, on the confirmations and statements that are generated for these customers, the rating(s) on such Covered Company(s) by the Firm’s Equity Research Department, as well as the corresponding rating(s) by the applicable Independent Research provider(s), where available. These notice provisions become effective in the near future and, to the extent applicable, will be included in your next monthly statement. Please note, Bear Stearns is not responsible or liable for (i) decisions relating to the procurement of Independent Research, (ii) Independent Research or its content, (iii) customer transactions, to the extent based on Independent Research, or (iv) claims arising from or in connection with access provided by the Firm and/or the inclusion of Independent Research ratings in trade confirmations, periodic account statements or www.bearstearns.com. Bear Stearns is not required to supervise the production of Independent Research and has no responsibility to comment on the content of such Research.¶
Please be advised of the following changes regarding account service fees:¶
Beginning September 1, 2004, accounts will be subject to a $20,00 processing fee for each outgoing wire transfer and for each check issued by Bear Stearns at the request of a customer. You may wish to speak to your Account Executive to inquire about the availability of check writing privileges for your brokerage account.¶
Beginning January 1, 2005, accounts will be subject to an annual account charge of $75,00 applicable for households that maintain less than $100,000 in net equity in related accounts or that generated less than $500 in brokerage commissions and/or fees paid to Bear Stearns in those accounts in the prior calendar year.¶
******* End of Statement*******¶
027¶
07/01/04;13:31 001¶
V832¶