Annual report pursuant to Section 13 and 15(d)

Short-Term Investments and Marketable Securities (Tables)

v2.4.0.8
Short-Term Investments and Marketable Securities (Tables)
12 Months Ended
Nov. 30, 2013
Investments [Abstract]  
Schedule of Cost and Market Values of Investments
The cost and market values of the investments at November 30, 2013 and November 30, 2012 were as follows:
 
 
November 30, 2013
 
November 30, 2012
 
 
COST
 
MARKET
 
COST
 
MARKET
Current:
 
 
 
 
 
 
 
 
Corporate obligations
 
$

 
$

 
$
1,004,490

 
$
995,827

Limited partnership
 
223,373

 
354,050

 
223,373

 
292,680

Common stock
 
600,046

 
758,390

 
600,046

 
595,626

Fixed Income
 

 

 
400,000

 
399,639

Total Current
 
$
823,419

 
$
1,112,440

 
$
2,227,909

 
$
2,283,772

Cost and Market Values of Investments
The cost and market values of the investments at November 30, 2013 were as follows:
Name of Issuer and Title of
Each Issue
 
Number of
Units
 
Cost of
Each Issue
 
Market
Value of
Each Issue
at Balance
Sheet Date
 
Amount at
Which Each
Portfolio of
Equity Security
Issue and Each
Other Security
Issue Carried in
Balance Sheet
Limited Partnerships:
 
 
 
 
 
 
 
 
Energy Transfer Partners
 
1,000

 
50,695

 
54,160

 
54,160

Enterprise Prods Partners
 
500

 
21,190

 
31,485

 
31,485

Kinder Morgan Energy
 
500

 
34,762

 
40,985

 
40,985

Magellan Midstream Partners
 
1,000

 
53,113

 
124,280

 
124,280

Plains All Amern Pipeline
 
1,000

 
63,613

 
103,140

 
103,140

 
 
 
 
223,373

 
354,050

 
354,050

Common Stock:
 
 
 
 
 
 
 
 
S&P 500 ETF Trust
 
4,190

 
600,046

 
758,390

 
758,390

 
 
 
 
600,046

 
758,390

 
758,390

 
 
 
 
 
 
 
 
 
TOTALS
 
 
 
823,419

 
1,112,440

 
1,112,440

Schedule of fair value of securities
 
 
November 30,
 
Quoted Market
Price in
Active Markets
 
Significant
Other
Observable
Inputs
Description
 
2013
 
(Level 1)
 
(Level 2)
Limited partnership
 
354,050

 
354,050

 

Common stock
 
758,390

 
758,390

 

Total
 
$
1,112,440

 
$
1,112,440

 
$



 
 
November 30,
 
Quoted Market
Price in
Active Markets
 
Significant
Other
Observable
Inputs
Description
 
2012
 
(Level 1)
 
(Level 2)
Corporate obligations
 
$
995,827

 
$

 
$
995,827

Limited partnership
 
292,680

 
292,680

 

Common stock
 
595,626

 
595,626

 

Fixed income
 
399,639

 
399,639

 

Total
 
$
2,283,772

 
$
1,287,945

 
$
995,827