TCR_Public/051217.mbx        T R O U B L E D   C O M P A N Y   R E P O R T E R

          Saturday, December 17, 2005, Vol. 9, No. 299

                          Headlines

ACCEPTANCE INSURANCE: Posts $41,917 Net Loss in November 2005
AOL LATIN: Files Monthly Operating Report for October 2005
ATA AIRLINES: Posts $9.7 Million Net Loss in October 2005
CATHOLIC CHURCH: Portland's October 2005 Monthly Operating Report
CATHOLIC CHURCH: Spokane's October 2005 Monthly Operating Report

FRIEDMAN'S INC: Files Operating Report for Period Ended Oct. 29
INTERSTATE BAKERIES: Posts $19MM Net Loss for Period Ended Oct. 15
MERIDIAN AUTOMOTIVE: Posts $6.6 Million Net Loss in October 2005
NORTHWEST AIR: Posts $346 Mil. Net Loss for Period Ended Oct. 31
O'SULLIVAN IND: Files Monthly Operating Report for October 2005

O'SULLIVAN IND: Furniture's Monthly Operating Report for Oct. 2005
O'SULLIVAN IND: Holdings' Monthly Operating Report for Oct. 2005
O'SULLIVAN IND: Virginia's Monthly Operating Report for Oct. 2005
PHARMACEUTICAL FORMULATIONS: Posts $283,079 Net Loss at Aug. 27
PHARMACEUTICAL FORMULATIONS: Posts $788,000 Net Loss at Sept. 24

USG CORP: Earns $42 Million for the Month of October 2005
WINN-DIXIE: Posts $351 Mil. Net Loss for Four Weeks Ended Sept. 21
WINN-DIXIE: Earns $196 Million for Four Weeks Ended Oct. 19
WINN-DIXIE: Earns $39.9 Million for Four Weeks Ended Nov. 16


                          *********

ACCEPTANCE INSURANCE: Posts $41,917 Net Loss in November 2005
-------------------------------------------------------------
On Dec. 6, 2005, Acceptance Insurance Companies Inc. filed its
monthly operating report for November 2005 with the U.S.
Bankruptcy Court for the District of Nebraska.

The Debtor reports a $41,917 net loss on $8,373 of revenue for
November 2005.

At Nov. 30, 2005, Acceptance Insurance Companies Inc.'s balance
sheet showed:

      Total Current Assets                   $2,571,490
      Total Assets                           32,837,680
      Total Liabilities                     138,228,295
      Total Shareholders' Equity Deficit  ($105,390,615)

A full-text copy of Acceptance Insurance Companies Inc.'s November
2005 Monthly Operating Report is available at no charge at
http://ResearchArchives.com/t/s?3bd

Headquartered in Council Bluffs, Iowa, Acceptance Insurance
Companies Inc. -- http://www.aicins.com/-- owns, either directly    
or indirectly, several companies, one of which is an insurance
company that accounts for substantially all of the business
operations and assets of the corporate groups.  The Company filed
for chapter 11 protection on Jan. 7, 2005 (Bankr. D. Nebr. Case
No. 05-80059).  The Debtor's affiliates -- Acceptance Insurance
Services, Inc., and American Agrisurance, Inc. -- filed separate
chapter 7 petitions (Bankr. D. Nebr. Case Nos. 05-80056 & 05-
80058) on Jan. 7, 2005.  John J. Jolley, Esq., at Kutak Rock LLP,
represents the Debtor in its restructuring efforts.  When the
Debtor filed for protection from its creditors, it listed
$33,069,446 in total assets and $137,120,541 in total debts.


AOL LATIN: Files Monthly Operating Report for October 2005
----------------------------------------------------------
On Dec. 12, 2005, America Online Latin America, Inc., and its
debtor-affiliates, filed their monthly operating report for the
month ended October 2005, with the United States Bankruptcy
Court for the District of Delaware.

For the month ending Oct. 31, 2005, the Company's Income
Statement shows:
                                                  Net Income/
                                      Revenue     (Net Loss)
                                      -------     -----------
America Online Latin                       $0              $0
America, Inc.

AOL Latin America Management,         $20,000       ($766,948)
LLC

AOL Puerto Rico Management            $71,825        ($57,597)
Services, Inc.

America Online Caribbean Basin,      $961,245        $431,082
Inc.

At Oct. 31, 2005, the Company's balance sheet shows:

              America Online Latin America, Inc.
              __________________________________

      Current Assets                        $17,520,269
      Total Assets                          702,647,757
      Current Liabilities                     6,259,080
      Total Liabilities                     166,259,080
      Total Stockholders' Equity           $536,388,677


              AOL Latin America Management, LLC
              _________________________________

      Current Assets                        $11,227,303
      Total Assets                           11,471,753
      Current Liabilities                    23,977,637
      Total Liabilities                      23,977,637
      Total Stockholders' Deficit          ($12,505,884)


          AOL Puerto Rico Management Services, Inc.
          _________________________________________

      Current Assets                           $181,612
      Total Assets                              319,633
      Current Liabilities                     6,211,825
      Total Liabilities                       6,230,789
      Total Stockholders' Deficit           ($5,911,156)


             America Online Caribbean Basin, Inc.
             ____________________________________

      Current Assets                        $20,111,060
      Total Assets                           20,131,210
      Current Liabilities                       125,061
      Total Liabilities                         125,061
      Total Stockholders' Equity            $20,006,179

A full-text copy of America Online Latin America, Inc., and its
debtor-affiliates' Monthly Operating Report for the month ended
October 2005, is available at no charge at:

               http://ResearchArchives.com/t/s?3cb

Headquartered in Fort Lauderdale, Florida, America Online Latin
America, Inc. -- http://www.aola.com/-- offers AOL-branded       
Internet service in Argentina, Brazil, Mexico, and Puerto Rico, as
well as localized content and online shopping over its proprietary
network.  Principal shareholders in AOLA are Cisneros Group, one
of Latin America's largest media firms, Brazil's Banco Itau, and
Time Warner, through America Online.  The Company and its debtor-
affiliates filed for chapter 11 protection on June 24, 2005
(Bankr. D. Del. Case No. 05-11778).  Pauline K. Morgan, Esq., and
Edmon L. Morton, Esq., at Young Conaway Stargatt & Taylor, LLP and
Douglas P. Bartner, Esq., at Shearman & Sterling LLP represent the
Debtors in their restructuring efforts.  When the Debtors filed
for protection from their creditors, they listed total assets of
$28,500,000 and total debts of $181,774,000.


ATA AIRLINES: Posts $9.7 Million Net Loss in October 2005
---------------------------------------------------------  
  
               ATA Holdings Corp. and Subsidiaries
                     Unaudited Balance Sheet
                     As of October 31, 2005

ASSETS

Current assets:
   Cash and cash equivalents                        $63,304,000
   Receivables,
      net of allowance for doubtful accounts        123,433,000
   Inventories, net                                  37,980,000
   Assets Held for Sale                               2,000,000
   Prepaid expenses and other current assets         29,025,000
                                                 --------------
      TOTAL CURRENT ASSETS                          255,742,000

Property and equipment:
   Flight equipment                                 180,017,000
   Facilities and ground equipment                  142,741,000
   Accumulated depreciation                        (183,416,000)
                                                 --------------
      TOTAL PROPERTY AND EQUIPMENT                  139,342,000

Restricted cash                                      30,424,000
Goodwill                                              6,987,000
Prepaid aircraft rent                                   154,000
Investment in BATA                                    5,077,000
Deposits and other assets                            26,367,000
                                                 --------------
      TOTAL ASSETS                                 $464,093,000
                                                 ==============

LIABILITIES AND SHAREHOLDERS' DEFICIT

Current liabilities:
   Short Term Debt                                  $41,000,000
   Accounts payable                                   4,499,000
   Air traffic liabilities                           85,107,000
   Accrued expenses                                 124,346,000
                                                 --------------
      TOTAL CURRENT LIABILITIES                     254,952,000

Deferred items                                       30,795,000
Liabilities subject to compromise                 1,633,489,000

Commitments and contingencies

Convertible redeemable preferred stock               30,000,000
Shareholders' deficit:
   Preferred stock                                            -
   Common stock                                      66,013,000
   Treasury stock                                   (24,778,000)
   Additional paid-in capital                        18,166,000
   Accumulated deficit                           (1,544,544,000)
                                                 --------------
      TOTAL SHAREHOLDERS' DEFICIT                (1,485,143,000)
                                                 --------------
      TOTAL LIABILITIES & SHAREHOLDERS' DEFICIT    $464,093,000
                                                 ==============

               ATA Holdings Corp. and Subsidiaries
                    Unaudited Income Statement
               For the Month Ended October 31, 2005

Operating revenues:
   Scheduled service                                $45,247,000
   Charter                                           32,011,000
   Ground package                                       949,000
   Other                                              2,275,000
                                                 --------------
      Total operating revenues                       80,482,000

Operating expenses:
   Fuel and oil                                      27,741,000
   Salaries, wages and benefits                      21,003,000
   Aircraft rentals                                  10,881,000
   Handling, landing and navigation fees              5,782,000
   Aircraft maintenance, materials and repairs        3,859,000
   Crew and other employee travel                     2,571,000
   Depreciation and amortization                      2,832,000
   Passenger service                                  2,878,000
   Other selling expenses                             2,253,000
   Commissions                                        2,038,000
   Facilities and other rentals                       1,549,000
   Insurance                                          1,076,000
   Ground package cost                                  847,000
   Advertising                                          535,000
   Aircraft impairments and retirements                       -
   Other                                              3,381,000
                                                 --------------
      Total operating expenses                       89,226,000
                                                 --------------
      Operating income (loss)                        (8,744,000)

Other income (expense):
   Interest income                                      287,000
   Interest expense                                    (380,000)
   Reorganization expenses                             (771,000)
   Other                                               (127,000)
   Other expense                                       (991,000)
                                                 --------------
      Income (loss) before income taxes              (9,735,000)

Income taxes                                                  -
                                                 --------------
      Net income (loss)                             ($9,735,000)
                                                 ==============

               ATA Holdings Corp. and Subsidiaries
                        Cash Flow Report
               For the Month Ended October 31, 2005

Operating activities:
Net income before reorganization expenses           ($8,964,000)

Adjustments to reconcile net income:
   Depreciation and amortization                      2,878,000
   Other non-cash items                                (188,000)

Changes in operating assets and liabilities:
   Receivables                                         (988,000)
   Inventories                                        3,928,000
   Prepaid expenses                                   4,318,000
   Accounts payable                                  (1,714,000)
   Air traffic liabilities                           (3,122,000)
   Liabilities subject to compromise                 (3,138,000)
   Accrued expenses                                    (133,000)
                                                 --------------
Net cash (used in) operating activities              (7,123,000)

Reorganization activities:
   Reorganization items, net                           (771,000)
   Prepaid expenses                                      51,000
   Liabilities subject to compromise                          -
   Accrued Expenses                                    (162,000)
   Receivables                                                -
   Other non-cash items                                (497,000)
                                                 --------------
Net cash (used in) reorganization activities         (1,379,000)

Investing activities:
   Capital expenditures                              (4,132,000)
   Noncurrent prepaid aircraft rent                           -
   Additions to other assets                           (162,000)
   Proceeds from sales of property and equipment          3,000
                                                 --------------
Net cash (used in) investing activities              (4,291,000)

Financing activities:
   Increase in restricted cash                          730,000
                                                 --------------
Net cash provided by financing activities               730,000
                                                 --------------
Decrease in cash and cash equivalents               (12,063,000)

Cash and cash equivalents, beginning of period       75,367,000
                                                 --------------
Cash and cash equivalents, end of period            $63,304,000
                                                 ==============

Headquartered in Indianapolis, Indiana, ATA Airlines, owned by ATA
Holdings Corp. -- http://www.ata.com/-- is the nation's 10th  
largest passenger carrier (based on revenue passenger miles) and
one of the nation's largest low-fare carriers.  ATA has one of the
youngest, most fuel-efficient fleets among the major carriers,
featuring the new Boeing 737-800 and 757-300 aircraft.  The
airline operates significant scheduled service from Chicago-
Midway, Hawaii, Indianapolis, New York and San Francisco to over
40 business and vacation destinations.  Stock of parent company,
ATA Holdings Corp., is traded on the Nasdaq Stock Exchange.  The
Company and its debtor-affiliates filed for chapter 11 protection
on Oct. 26, 2004 (Bankr. S.D. Ind. Case Nos. 04-19866, 04-19868
through 04-19874).  Terry E. Hall, Esq., at Baker & Daniels,
represents the Debtors in their restructuring efforts.  When the
Debtors filed for protection from their creditors, they listed
$745,159,000 in total assets and $940,521,000 in total debts.
(ATA Airlines Bankruptcy News, Issue No. 42; Bankruptcy Creditors'
Service, Inc., 215/945-7000)


CATHOLIC CHURCH: Portland's October 2005 Monthly Operating Report
-----------------------------------------------------------------

                         Pastoral Center
                Archdiocese of Portland in Oregon
                 Statement of Financial Position
                     As of October 31, 2005

ASSETS

Cash and cash equivalents                           $16,154,224
Accounts receivable, net                              4,098,677
Notes, estates and other receivables                 12,056,296
Loans receivable from Archdiocesan entities, net      9,164,032
Loans receivable from Archdiocesan housing entities     525,151
Interest receivable and other assets                    258,779
Inventories                                           1,595,344
Real Property                                           226,688
Deposits and prepaid expenses                            28,106
Investments                                          91,841,529
Advances to Archdiocesan housing entities             1,640,000
Land, buildings, and equipment, net                   7,758,213
                                                 --------------
Total Assets                                       $145,347,039
                                                 ==============

LIABILITIES AND NET ASSETS

Liabilities:
   Prepetition
      Accounts payable                                 $822,302
      Accrued liabilities                             2,222,269
      Funds held for others
         Second Collections                                 (12)
         Short-term investments payable              16,136,249
         Long-term pool investments payable          19,332,258
      Reserve for insurance claims                    2,343,946
      Notes payable                                  11,029,005
      Pre-need liability and reserve                    456,268
      Accrued post-retirement liability               7,607,264
                                                 --------------
   Total Prepetition Liabilities                     59,949,549
                                                 --------------

   Postpetition
      Accounts payable                                  835,589
      Accrued liabilities                             2,681,954
      Funds held for others
         Second Collections                              47,913
         Short-term investments payable               2,340,848
         Long-term pool investments                   3,016,936
      Reserve for insurance claims                      (15,922)
      Notes payable                                           -
      Pre-need liability and reserve                     28,166
      Accrued post-retirement liability                 404,521
                                                 --------------
   Total Postpetition Liabilities                     9,340,005
                                                 --------------
     Total Liabilities                               69,289,554
                                                 --------------

Net Assets:
   Prepetition Net Assets:
      Charitable Trust Assets                        69,966,096
      Other Assets                                   (3,576,335)
                                                 --------------
   Total Prepetition Net Assets                      66,389,761
                                                 --------------

   Postpetition Net Assets:
      Charitable Trust Assets                         2,956,032
      Other Assets                                    6,711,692
                                                 --------------
   Total Postpetition Net Assets                      9,667,724
                                                 --------------
      Total Net Assets                               76,057,485
                                                 --------------
Total liabilities & net assets                     $145,347,039
                                                 ==============

                         Pastoral Center
                Archdiocese of Portland in Oregon
                     Statement of Activities
              For the month ending October 31, 2005

Revenues, gains and other support
   Annual Catholic Appeal income                          ($225)
   Gross profit on cemetery sales                        88,129
   Contributions, gifts, annuities and bequests          30,740
   Operating support - Oregon Catholic Press             79,313
   Investment income and realized gains (losses),
      net of expenses                                   659,994
   Change in unrealized gains (losses)               (1,395,578)
   Insurance premiums, net                              (13,847)
   Interest income from loans                            44,227
   Parish assessments                                   248,176
   Other income                                         126,974
   Departmental revenues                                 53,427
   Net assets released from restrictions                      -
                                                 --------------
   Total revenues, gains, and other support             (78,670)
                                                 --------------

Expenses and program support:
   Program Services:
      Annual Catholic Appeal program support,
         grants and parish subsidies                    163,929
      Clergy Services                                    58,374
      Catholic Schools                                   30,808
      Pastoral Services                                  64,261
      Evangelization Services                            58,381
      Public Services                                    10,602
      Tribunal Services                                  20,390
      Deposit and loan interest                          20,686
      Insurance program                                 303,112
      Cemetery operating expenses                        85,080
      High School grants/charitable annuities            11,232
      Other program expenses                             99,603
                                                 --------------
         Total program services                         926,458
                                                 --------------
   Supporting Services:
      Archbishop, Vicar General
         and Chancellor Services                         70,983
      Finance & Administration:
         Resource Development                            49,941
         Business Affairs                                 9,398
         Financial Services                              62,328
      Human Resources                                    31,920
      Shared Services                                    25,041
      Occupancy and physical plant expenses              16,828
      Designated funds expense                            9,676
      Bankruptcy expense                                663,924
      Depreciation expense                                    -
                                                 --------------
         Total supporting services                      940,039
                                                 --------------
         Total expenses and program support           1,866,497
                                                 --------------
Increase (decrease) in net assets before
   transfers and designations of net assets          (1,945,167)

Fund transfers - in (out)                                     -

Designation of net assets                                     -
                                                 --------------
Increase (decrease) in net assets                    (1,945,167)

Net assets at beginning of year                      78,002,652
                                                 --------------
Net assets at end of year                           $76,057,485
                                                 ==============

                Archdiocese of Portland in Oregon
           Statement of Cash Receipts and Disbursements
              For the month ending October 31, 2005

Beginning Cash Balance:                             $15,326,701
Add:
   Transfers in                                         299,058
   Receipts Deposited                                 3,415,066
   Other (Return of Direct Deposits)                          -
   Other (Interest Income)                               32,258
                                                 --------------
   Total Cash Receipts                                3,746,383

Subtract:
   Transfers out                                       (299,058)
   Disbursements by check or debit                   (2,618,052)
   Cash withdrawn                                             -
   Other (Service Charges)                                 (509)
   Other (Misc Check Correction)                              -
   Other (NSF Checks)                                    (1,240)
   Other (Clear Interfund Rec/Pay)                            -
                                                 --------------
   Total Cash Disbursements                          (2,918,859)
                                                 --------------
Ending Cash Balance                                 $16,154,225
                                                 ==============

The Archdiocese of Portland in Oregon filed for chapter 11
protection (Bankr. Ore. Case No. 04-37154) on July 6, 2004.  
Thomas W. Stilley, Esq., and William N. Stiles, Esq., at Sussman
Shank LLP, represent the Portland Archdiocese in its restructuring
efforts.  In its Schedules of Assets and Liabilities filed with
the Court on July 30, 2004, the Portland Archdiocese reports
$19,251,558 in assets and $373,015,566 in liabilities.  (Catholic  
Church Bankruptcy News, Issue No. 48; Bankruptcy Creditors'  
Service, Inc., 215/945-7000)


CATHOLIC CHURCH: Spokane's October 2005 Monthly Operating Report
----------------------------------------------------------------

                   Catholic Diocese of Spokane
                          Balance Sheet
                     As of October 31, 2005

ASSETS
   Total Cash Accounts                               $2,914,200
   Total Investments                                  3,874,029
   Total Property                                       495,004
   Total Loans Receivable                             2,952,449
   Total Interfund Loan Receivable                      396,887
   Total Accounts Receivable                             69,385
   Total Land and Buildings & Equip                   2,474,977
   Total Prepaid Expenses                                65,491
                                                 --------------
Total Assets                                        $13,242,421
                                                 ==============

LIABILITIES AND NET ASSETS

Liabilities
   Total Deposits Payable                             6,137,003
   Total Interest Payable                                     0
   Total Accounts Payable                                  (171)

Net Assets
   Total Unrestricted - Fund Balance                 (5,530,782)
   Total Unrestricted Net Assets                     (5,530,782)
   T.R. - Guse Grant Funds                              228,573
   Total Replacement Fund                             9,995,536
   Total Diocesan D&L Funding                         2,176,115
   Total Guatemala Funds                                594,721
   Temporarily Restricted                                   (80)
                                                 --------------
Total liabilities & net assets                      $13,372,421
                                                 ==============

                   Catholic Diocese of Spokane
                  Income and Expense Statement
             For the month ending October 31, 2005

Total Income                                           $725,422
Total Expenses                                          534,570
                                                 --------------
Net Excess or Deficit                                  $190,852
                                                 ==============

                     Catholic Diocese of Spokane
           Statement of Cash Receipts and Disbursements
                October 1, 2005 to October 31, 2005

Total Cash Receipts                                    $817,362
Total Cash Disbursements                               $306,309

A full-text copy of the Diocese of Spokane's October 2005 monthly
operating report is available for free at:

            http://bankrupt.com/misc/spokane_oct_mor.pdf

The Roman Catholic Church of the Diocese of Spokane filed for
chapter 11 protection (Bankr. E.D. Wash. Case No. 04-08822) on
Dec. 6, 2004.  Michael J. Paukert, Esq., at Paine, Hamblen,
Coffin, Brooke & Miller, LLP, represents the Spokane Diocese in
its restructuring efforts.  When the Debtor filed for protection
from its creditors, it listed $11,162,938 in total assets and
$81,364,055 in total debts. (Catholic Church Bankruptcy News,
Issue No. 48; Bankruptcy Creditors' Service, Inc., 215/945-7000)


FRIEDMAN'S INC: Files Operating Report for Period Ended Oct. 29
---------------------------------------------------------------
On Dec. 1, 2005, Friedman's Inc. and its debtor-affiliates filed
their consolidated monthly operating reports for the period from
Oct. 2, 2005, through Oct. 29, 2005, with the U.S. Bankruptcy
Court for the Southern District of Georgia.

At Oct. 29, 2005, Friedman's Inc. and its debtor-affiliates'
financial reports show:

      Beginning Cash Balance                 ($4,834,642)
      Total Cash Receipts                     49,366,582
      Total Cash Disbursements                56,616,810
      Ending Cash Balance                   ($12,084,870)

A full-text copy of Friedman's Inc. and its debtor-affiliates'
Monthly Operating Reports for the period ended Oct. 29, 2005, is
available at no charge at http://ResearchArchives.com/t/s?3b7

Headquartered in Savannah, Georgia, Friedman's Inc. --
http://www.friedmans.com/-- is the parent company of a group of    
companies that operate fine jewelry stores located in strip
centers and regional malls in the southeastern United States.  The
Company and its affiliates filed for chapter 11 protection on Jan.
14, 2005 (Bankr. S.D. Ga. Case No. 05-40129). John W. Butler, Jr.,
Esq., George N. Panagakis, Esq., Timothy P. Olson, Esq., and Alexa
N. Paliwal, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP
represent the Debtors in their restructuring efforts.  When the
Debtors filed for protection from their creditors, they listed
$395,897,000 in total assets and $215,751,000 in total debts.


INTERSTATE BAKERIES: Posts $19MM Net Loss for Period Ended Oct. 15
------------------------------------------------------------------

           Interstate Bakeries Corporation and Subsidiaries
           Unaudited Consolidated Monthly Operating Report
                 Four Weeks Ended October 15, 2005

REVENUE

Gross Income                                         $231,839,064
Less Cost of Goods Sold
      Ingredients, Packaging, & Outside Purchasing     54,928,468
      Direct & Indirect Labor                          44,278,479
      Overhead & Production Administration             13,160,910
                                                     ------------
      Total Cost of Goods Sold                        112,367,857
                                                     ------------
         Gross Profit                                $119,471,207
                                                     ------------

OPERATING EXPENSES

Owner-Draws/Salaries                                            -
Selling & Delivery Employee Salaries                  $58,713,714
Advertising and Marketing                               3,368,234
Insurance (Property, Casualty, & Medical)              13,865,271
Payroll Taxes                                           4,845,757
Lease and Rent                                          3,745,501
Telephone and Utilities                                 1,174,845
Corporate Expense (Including Salaries)                  6,687,300
Other Expenses                                         32,976,740
                                                     ------------
      Total Operating Expenses                       $125,377,362
                                                     ------------
EBITDA                                                ($5,906,155)

Restructuring & Reorganization Charges                 16,402,180
Depreciation and Amortization                           5,887,365
Other Income                                           (2,751,522)
Gain/Loss Sale of Property                                (87,435)
Interest Expense                                        3,744,740
                                                     ------------
Operating Income (Loss)                               (29,101,483)

Income Tax Expense (Benefit)                          (10,138,695)
                                                     ------------
Net Income (Loss)                                    ($18,962,788)
                                                     ============

CURRENT ASSETS
      Accounts Receivable at end of period           $152,465,348
      Increase (Decrease) in Accounts Receivable       (4,379,891)
      Inventory at end of period                       63,573,608
      Increase (Decrease) in Inventory for period        (485,218)
      Cash at end of period                           148,839,683
      Increase (Decrease) in Cash for period           (2,734,697)
      Restricted Cash                                  19,634,836
      Increase (Dec.) in Restricted Cash for period             -

LIABILITIES
      Increase (Decrease) in Liabilities
         Not Subject to Compromise                      3,173,584
      Increase (Decrease) in Liabilities
         Subject to Compromise                            837,879
      Taxes payable:
         Federal Payroll Taxes                         10,489,193
         State/Local Payroll Taxes                      4,909,621
         State Sales Taxes                              1,308,627
         Real Estate and Personal Property Taxes       17,300,198
         Other                                          6,325,246
                                                     ------------
         Total Taxes Payable                          $40,332,885
                                                     ============

Headquartered in Kansas City, Missouri, Interstate Bakeries
Corporation is a wholesale baker and distributor of fresh baked
bread and sweet goods, under various national brand names,
including Wonder(R), Hostess(R), Dolly Madison(R), Baker's Inn(R),
Merita(R) and Drake's(R).  The Company employs approximately
32,000 in 54 bakeries, more than 1,000 distribution centers and
1,200 thrift stores throughout the U.S.

The Company and seven of its debtor-affiliates filed for chapter
11 protection on September 22, 2004 (Bankr. W.D. Mo. Case No.
04-45814). J. Eric Ivester, Esq., and Samuel S. Ory, Esq., at
Skadden, Arps, Slate, Meagher & Flom LLP, represent the Debtors in
their restructuring efforts.  When the Debtors filed for
protection from their creditors, they listed $1,626,425,000 in
total assets and $1,321,713,000 (excluding the $100,000,000 issue
of 6.0% senior subordinated convertible notes due August 15, 2014,
on August 12, 2004) in total debts.  (Interstate Bakeries
Bankruptcy News, Issue No. 33; Bankruptcy Creditors' Service,
Inc., 215/945-7000)


MERIDIAN AUTOMOTIVE: Posts $6.6 Million Net Loss in October 2005
----------------------------------------------------------------

               Meridian Automotive Systems - Composite
                  Operations, Inc. and Subsidiaries
                Unaudited Consolidated Balance Sheets
                         As of October 31, 2005
                           (In Thousands)

CURRENT ASSETS:
    Cash                                                       -
    Accounts receivable, net                            $128,941
    Intercompany receivable                               12,221
    Inventories                                           76,463
    Tooling costs in excess of billings and others        21,915
                                                      ----------
       TOTAL CURRENT ASSETS                              239,540
                                                      ----------

    Property, plant and equipment, net                   232,931
    Intangible assets                                     15,567
    Investment in subsidiaries                            23,863
    Other assets                                          18,347
                                                      ----------
       TOTAL ASSETS                                     $530,248
                                                      ==========

CURRENT LIABILITIES NOT SUBJECT TO COMPRISE:
    Current portion of long term debt                   $327,163
    Accounts payable                                      40,766
    Accrued expenses                                      47,812
    Tooling billings in excess of costs                    7,345
                                                      ----------
       TOTAL CURENT LIABILITIES                          423,086
                                                      ----------

    Liabilities subject to comprise                      460,131
    Non-Current Liabilities Not Subject to Compromise:
       Other long-term liabilities                        16,057
       Accumulated post-retirement benefit obligation     16,405
                                                      ----------
       TOTAL LIABILITIES                                 915,679
       STOCKHOLDERS' EQUITY                             (385,431)
                                                      ----------
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT             $530,248
                                                      ==========

               Meridian Automotive Systems - Composite
                  Operations, Inc. and Subsidiaries
                  Unaudited Statement of Operation
                      October 1 to 31, 2005
                           (In Thousands)

Net sales                                                $81,827
Cost of sales                                             74,906
                                                      ----------
Gross profit                                               6,921
Selling, general and administrative expenses               2,376
Restructuring charges                                      1,298
                                                      ----------
Operating income (loss)                                    3,247
Interest expense, net                                      8,034
Other income (expense)                                        98
Chapter 11 and related reorganization items                1,924
                                                      ----------
Loss before provision for income taxes                    (6,613)
(Benefit) Provision for income taxes                         (13)
                                                      ----------
NET LOSS                                                 ($6,600)
                                                      ==========

               Meridian Automotive Systems - Composite
                  Operations, Inc. and Subsidiaries
                  Unaudited Statement of Cash Flows
                      October 1 to 31, 2005
                          (In Thousands)

OPERATING ACTIVITIES:
    Net loss                                             ($6,600)
    Adjustments required to reconcile net loss to net
       cash provided by (used in) operating activities:
       Depreciation, amortization, and impairment          3,848
       Change in working capital and other operating
          items                                            3,798
                                                      ----------
       Net cash provided by (used for) operating
          activities before reorganization items           1,046
                                                      ----------
    Operating cash flows from reorganization items:
       Chapter 11 and related reorganization items         1,924
       Payments on Chapter 11 and related reorg items       (755)
                                                      ----------
       Net cash provided by Chapter 11 and related
          reorg items                                      1,169

       Net cash provided by (used for) operating
          activities                                       2,215

INVESTING ACTIVITIES:
    Additions to property and equipment                   (2,677)
    Proceeds from sale or property and equipment             271
                                                      ----------
       Net cash used for investing activities             (2,406)
                                                      ----------

FINANCING ACTIVITIES:
    Proceeds from prepetition borrowings                       -
    Repayments of prepetition borrowings                       -
    Proceeds from DIP credit facility                     42,000
    Repayments of DIP credit facility                    (41,800)
    Repayments on prepetition long-term debt                   -
    Deferred financing costs capitalized                      (9)
                                                      ----------
       Net cash provided by financing activities             191
                                                      ----------
Net increase (decrease) in cash                                -
                                                      ----------
Cash and Cash Equivalents, beginning of period                 -

Cash and Cash Equivalents, end of period                       -
                                                      ==========

Headquartered in Dearborn, Mich., Meridian Automotive Systems,
Inc. -- http://www.meridianautosystems.com/-- supplies  
technologically advanced front and rear end modules, lighting,
exterior composites, console modules, instrument panels and other
interior systems to automobile and truck manufacturers.  Meridian
operates 22 plants in the United States, Canada and Mexico,
supplying Original Equipment Manufacturers and major Tier One
parts suppliers.  The Company and its debtor-affiliates filed for
chapter 11 protection on April 26, 2005 (Bankr. D. Del. Case Nos.
05-11168 through 05-11176).  James F. Conlan, Esq., Larry J.
Nyhan, Esq., Paul S. Caruso, Esq., and Bojan Guzina, Esq., at
Sidley Austin Brown & Wood LLP, and Robert S. Brady, Esq., Edmon
L. Morton, Esq., Edward J. Kosmowski, Esq., and Ian S. Fredericks,
Esq., at Young Conaway Stargatt & Taylor, LLP, represent the
Debtors in their restructuring efforts.  When the Debtors filed
for protection from their creditors, they listed $530 million in
total assets and approximately $815 million in total liabilities.
(Meridian Bankruptcy News, Issue No. 19; Bankruptcy Creditors'
Service, Inc., 215/945-7000).


NORTHWEST AIR: Posts $346 Mil. Net Loss for Period Ended Oct. 31
----------------------------------------------------------------

         Northwest Airlines Corporation and Subsidiaries
         Unaudited Condensed Consolidated Balance Sheets
                    As of October 31, 2005

ASSETS

Current assets:
   Cash and cash equivalents                     $1,164,000,000
   Unrestricted short-term investments              465,000,000
   Restricted cash, cash equivalents &
      short-term investments                        571,000,000
   Accounts receivable, net                         628,000,000
   Flight equipment spare parts, net                134,000,000
   Prepaid expenses & other                         475,000,000
                                                ---------------
Total current assets                              3,437,000,000


Property and equipment:
   Flight equipment, net                          7,420,000,000
   Other property & equipment, net                  757,000,000
                                                ---------------
Total property & equipment                        8,177,000,000

Flight Equipment under capital leases, net          125,000,000

Other assets:
   Intangible pension asset                         671,000,000
   International routes                             634,000,000
   Investments in affiliated companies               58,000,000
   Other                                            949,000,000
                                                ---------------
Total other assets                                2,312,000,000
                                                ---------------
Total assets                                    $14,051,000,000
                                                ===============

LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

Current liabilities:
   Air traffic liability                         $1,745,000,000
   Accounts payable & other liabilities           1,012,000,000
   Current maturities of long-term debt
      & capital lease obligations                    15,000,000
                                                ---------------
Total current liabilities                         2,772,000,000

Long-term debt                                      302,000,000

Long-term obligations under capital leases                    -

Deferred Credits & other liabilities:
   Long-term pension & postretirement
      Health care benefits                           78,000,000
   Other                                             88,000,000
                                                ---------------
Total deferred credits & other liabilities          166,000,000

Liabilities Subject to Compromise                14,994,000,000

Preferred redeemable stock                          281,000,000

Common Stockholders' Equity (Deficit)
   Common stock                                       1,000,000
   Additional paid-in capital                     1,484,000,000
   Accumulated deficit                           (3,402,000,000)
   Accumulated other comprehensive
      income (loss)                              (1,548,000,000)
   Treasury stock                                  (999,000,000)
                                                ---------------
Total common stockholders' equity (deficit)      (4,464,000,000)
                                                ---------------
Total Liabilities &
   Stockholders' Equity (deficit)               $14,051,000,000
                                                ===============

         Northwest Airlines Corporation and Subsidiaries
    Unaudited Condensed Consolidated Statements of Operations
           From September 14, 2005 to October 31, 2005

Operating Revenues
   Passenger                                     $1,094,000,000
   Regional carrier revenues                        194,000,000
   Cargo                                            139,000,000
   Other                                            139,000,000
                                                ---------------
   Total Operating Revenues                       1,566,000,000

Operating Expenses
   Salaries, wages, and benefits                    414,000,000
   Aircraft fuel and taxes                          463,000,000
   Selling and marketing                             95,000,000
   Aircraft maintenance materials and repair         85,000,000
   Other rentals and landing fees                    78,000,000
   Depreciation and amortization                     66,000,000
   Aircraft rentals                                  50,000,000
   Regional carrier expenses                        233,000,000
   Other                                            218,000,000
                                                ---------------
   Total Operating Expenses                       1,702,000,000

Operating Income (Loss)                            (136,000,000)

Other Income (Expense)
   Interest expense, net                            (58,000,000)
   Investment income                                 10,000,000
   Reorganization items, net                       (158,000,000)
   Other, net                                        (3,000,000)
                                                ---------------
   Total other income (expense)                    (209,000,000)
                                                ---------------
Income (Loss) Before Income Taxes                  (345,000,000)

   Income tax expense (benefit)                       1,000,000
                                                ---------------
Net Income (Loss)                                 ($346,000,000)
                                                ===============

         Northwest Airlines Corporation and Subsidiaries
    Unaudited Condensed Consolidated Statements of Cash Flows
           From September 14, 2005 to October 31, 2005

Cash Flows from Operating Activities:  
   Net income (loss)                              ($346,000,000)
   Adjustments to reconcile net loss to net
      cash provided by (used in)
      operating activities:
      Depreciation and amortization                  66,000,000
      Pension and other postretirement benefit
         contributions less than expense             69,000,000
      Changes in certain assets & liabilities       470,000,000
      Reorganization items                          158,000,000
      Other, net                                   (141,000,000)
                                                ---------------
Net cash provided by operating activities           276,000,000

Cash Flows from Reorganization Activities:
   Net cash provided by (used in)
      reorganization activities                       1,000,000
  
Cash Flows from Investing Activities:
   Capital expenditures                              (7,000,000)
   Purchase of short-term investments                         -
   Proceeds from sales of
      short-term investments                         49,000,000
   Decrease (increase) in restricted
      cash, cash equivalents &
      short-term investments                       (190,000,000)
   Other, net                                        (1,000,000)
                                                ---------------
Net cash provided by (used in) investing
   activities                                      (149,000,000)

Cash Flows from Financing Activities:
   Proceeds from long-term debt                               -
   Payments of long-term debt and capital
      lease obligations                                       -
   Other, net                                                 -
                                                ---------------
Net cash provided by (used in)
   financing activities                                       -
                                                ---------------
Increase in Cash and Cash Equivalents               128,000,000

Cash & cash equivalents at beginning of period    1,036,000,000
                                                ---------------
Cash & cash equivalents at end of period         $1,164,000,000
                                                ===============

Northwest Airlines Corporation -- http://www.nwa.com/-- is the  
world's fourth largest airline with hubs at Detroit,
Minneapolis/St. Paul, Memphis, Tokyo and Amsterdam, and
approximately 1,400 daily departures.  Northwest is a member of
SkyTeam, an airline alliance that offers customers one of the
world's most extensive global networks.  Northwest and its travel
partners serve more than 900 cities in excess of 160 countries on
six continents.  The Company and 12 affiliates filed for chapter
11 protection on Sept. 14, 2005 (Bankr. S.D.N.Y. Lead Case No. 05-
17930).  Bruce R. Zirinsky, Esq., and Gregory M. Petrick, Esq., at
Cadwalader, Wickersham & Taft LLP in New York, and Mark C.
Ellenberg, Esq., at Cadwalader, Wickersham & Taft LLP in
Washington represent the Debtors in their restructuring efforts.
When the Debtors filed for protection from their creditors, they
listed $14.4 billion in total assets and $17.9 billion in total
debts.  (Northwest Airlines Bankruptcy News, Issue No. 12;
Bankruptcy Creditors' Service, Inc., 215/945-7000)


O'SULLIVAN IND: Files Monthly Operating Report for October 2005
---------------------------------------------------------------

                    O'Sullivan Industries, Inc.
                  Cash Receipts and Disbursements
                   Month Ended October 31, 2005

Funds at the beginning of period                     $1,133,435

Receipts:
   Cash sales                                                 -
      Less: Refunds                                           -
                                                    -----------
      Net cash sales                                          -

   Collection of postpetition accounts receivable             -
   Collection of prepetition accounts receivable      8,160,572
   Other receipts                                    13,659,860
                                                    -----------
      Total receipts                                 21,820,432
                                                    -----------
Total Cash Available for Operations                 $22,953,867
                                                    ===========

Disbursements:
   U.S. Trustee quarterly fee                                 -
   Net payroll                                       $1,266,957
   Payroll taxes paid                                   510,411
   Professional fees                                          -
   Other taxes                                           75,950
   Rent & equipment rent                                 17,657
   Other leases                                          16,744
   Telephone                                             39,532
   Utilities                                            173,859
   Travel & Entertainment                                 9,663
   Vehicle expenses                                           -
   Office Expenses                                       16,470
   Advertising                                           21,764
   Insurance                                             42,375
   Freight                                              601,857
   Job-Cost raw materials                             4,835,545
   Foreign bank fees                                        118
   Repairs & maintenance                                255,666
   Payments to secured creditors                              -
   Employee benefits                                    168,611
   Other expenses                                       298,150
   Transfers                                         13,424,083
                                                    -----------
      Total Disbursements                            21,775,412
                                                    -----------
Ending Cash Balance                                  $1,178,455
                                                    ===========

O'Sullivan Industries, Inc., did not provide a balance sheet and
an income statement in its monthly financial report for the
period.

Headquartered in Roswell, Georgia, O'Sullivan Industries Holdings,
Inc. -- http://www.osullivan.com/-- designs, manufactures, and   
distributes ready-to-assemble furniture and related products,
including desks, computer work centers, bookcases, filing
cabinets, home entertainment centers, commercial furniture, garage
storage units, television, audio, and night stands, dressers, and
bedroom pieces.  O'Sullivan sells its products primarily to large
retailers including OfficeMax, Lowe's, Wal-Mart, Staples, and
Office Depot.  The Company and its subsidiaries filed for chapter
11 protection on October 14, 2005 (Bankr. N.D. Ga. Case No. 05-
83049).  On September 30, 2005, the Debtor listed $161,335,000 in
assets and $254,178,000 in debts.  (O'Sullivan Bankruptcy News,
Issue No. 7; Bankruptcy Creditors' Service, Inc., 215/945-7000)


O'SULLIVAN IND: Furniture's Monthly Operating Report for Oct. 2005
------------------------------------------------------------------

             O'Sullivan Furniture Factory Outlet, Inc.
                  Cash Receipts and Disbursements
                    Month Ended October 31, 2005

Funds at the beginning of period                        $12,032

Receipts:
   Cash sales                                            74,885
      Less: Refunds                                        (342)
      Net cash sales                                     74,543

   Collection of postpetition accounts                        -
   receivable
   Collection of prepetition accounts                         -
   receivable
   Other receipts                                             -
                                                    -----------
      Total receipts                                     74,543
                                                    -----------
Total Cash Available for Operations                     $86,574
                                                    ===========

Disbursements:
   Other expenses                                           $86
   Transfers                                             79,715
                                                    -----------
      Total Disbursements                                79,801
                                                    -----------
Ending Cash Balance                                      $6,773
                                                    ===========

O'Sullivan Furniture did not provide a balance sheet and an
income statement in its monthly financial report for the period.

Headquartered in Roswell, Georgia, O'Sullivan Industries Holdings,
Inc. -- http://www.osullivan.com/-- designs, manufactures, and   
distributes ready-to-assemble furniture and related products,
including desks, computer work centers, bookcases, filing
cabinets, home entertainment centers, commercial furniture, garage
storage units, television, audio, and night stands, dressers, and
bedroom pieces.  O'Sullivan sells its products primarily to large
retailers including OfficeMax, Lowe's, Wal-Mart, Staples, and
Office Depot.  The Company and its subsidiaries filed for chapter
11 protection on October 14, 2005 (Bankr. N.D. Ga. Case No. 05-
83049).  On September 30, 2005, the Debtor listed $161,335,000 in
assets and $254,178,000 in debts.  (O'Sullivan Bankruptcy News,
Issue No. 7; Bankruptcy Creditors' Service, Inc., 215/945-7000)


O'SULLIVAN IND: Holdings' Monthly Operating Report for Oct. 2005
----------------------------------------------------------------
O'Sullivan Industries Holdings, Inc., reports $0 cash receipts
and disbursements for the period October 15 to 31, 2005.

Headquartered in Roswell, Georgia, O'Sullivan Industries Holdings,
Inc. -- http://www.osullivan.com/-- designs, manufactures, and   
distributes ready-to-assemble furniture and related products,
including desks, computer work centers, bookcases, filing
cabinets, home entertainment centers, commercial furniture, garage
storage units, television, audio, and night stands, dressers, and
bedroom pieces.  O'Sullivan sells its products primarily to large
retailers including OfficeMax, Lowe's, Wal-Mart, Staples, and
Office Depot.  The Company and its subsidiaries filed for chapter
11 protection on October 14, 2005 (Bankr. N.D. Ga. Case No. 05-
83049).  On September 30, 2005, the Debtor listed $161,335,000 in
assets and $254,178,000 in debts.  (O'Sullivan Bankruptcy News,
Issue No. 7; Bankruptcy Creditors' Service, Inc., 215/945-7000)


O'SULLIVAN IND: Virginia's Monthly Operating Report for Oct. 2005
-----------------------------------------------------------------
O'Sullivan Industries Virginia, Inc., reports $0 cash receipts
and disbursements for the period October 15 to 31, 2005.

O'Sullivan Virginia held $15,110 at the beginning of the period.

Headquartered in Roswell, Georgia, O'Sullivan Industries Holdings,
Inc. -- http://www.osullivan.com/-- designs, manufactures, and   
distributes ready-to-assemble furniture and related products,
including desks, computer work centers, bookcases, filing
cabinets, home entertainment centers, commercial furniture, garage
storage units, television, audio, and night stands, dressers, and
bedroom pieces.  O'Sullivan sells its products primarily to large
retailers including OfficeMax, Lowe's, Wal-Mart, Staples, and
Office Depot.  The Company and its subsidiaries filed for chapter
11 protection on October 14, 2005 (Bankr. N.D. Ga. Case No. 05-
83049).  On September 30, 2005, the Debtor listed $161,335,000 in
assets and $254,178,000 in debts.  (O'Sullivan Bankruptcy News,
Issue No. 7; Bankruptcy Creditors' Service, Inc., 215/945-7000)


PHARMACEUTICAL FORMULATIONS: Posts $283,079 Net Loss at Aug. 27
---------------------------------------------------------------
On Oct. 7, 2005, Pharmaceutical Formulations, Inc., filed its
monthly operating report for the period ended Aug. 27, 2005, with
the United States Bankruptcy Court for the District of Delaware.

The Company reported a $283,000 net loss in $4,383,000 of gross
sales for the period ended Aug. 27, 2005.

At Aug. 27, 2005, Pharmaceutical Formulations, Inc.'s balance
sheet shows:

      Current Assets                        $20,106,000
      Total Assets                           40,524,000
      Current Liabilities                    35,539,000
      Total Liabilities                      70,670,000
      Total Stockholders' Equity Deficit   ($30,146,000)

A full-text copy of Pharmaceutical Formulations, Inc.'s Monthly
Operating Report for the period ended Aug. 27, 2005, is available
at no charge at http://ResearchArchives.com/t/s?3b9

Headquartered in Edison, New Jersey, Pharmaceutical Formulations,
Inc. -- http://www.pfiotc.com/-- is a publicly traded private  
label manufacturer and distributor of nonprescription over-the-
counter solid dose generic pharmaceutical products in the United
States.  The Company filed for chapter 11 protection on July 11,
2005 (Bankr. Del. Case No. 05-11910).  Matthew Barry Lunn, Esq.,
and Michael R. Nestor, Esq., at Young Conaway Stargatt & Taylor
LLP, represent the Debtor in its chapter 11 proceeding.  As of
Apr. 30, 2005, the Debtor reported $40,860,000 in total assets and
$44,195,000 in total debts.


PHARMACEUTICAL FORMULATIONS: Posts $788,000 Net Loss at Sept. 24
----------------------------------------------------------------
On Nov. 9, 2005, Pharmaceutical Formulations, Inc., filed its
monthly operating report for the period ended Sept. 24, 2005, with
the United States Bankruptcy Court for the District of Delaware.

The Company reported a $788,000 net loss in $4,724,000 of gross
sales for the period ended Sept. 24, 2005.

At Sept. 24, 2005, Pharmaceutical Formulations, Inc.'s balance
sheet shows:

      Current Assets                        $18,706,000
      Total Assets                           38,880,000
      Current Liabilities                    38,805,000
      Total Liabilities                      69,814,000
      Total Stockholders' Equity Deficit   ($30,934,000)

A full-text copy of Pharmaceutical Formulations, Inc.'s Monthly
Operating Report for the period ended Sept. 24, 2005, is available
at no charge at http://ResearchArchives.com/t/s?3bb

Headquartered in Edison, New Jersey, Pharmaceutical Formulations,
Inc. -- http://www.pfiotc.com/-- is a publicly traded private  
label manufacturer and distributor of nonprescription over-the-
counter solid dose generic pharmaceutical products in the United
States.  The Company filed for chapter 11 protection on July 11,
2005 (Bankr. Del. Case No. 05-11910).  Matthew Barry Lunn, Esq.,
and Michael R. Nestor, Esq., at Young Conaway Stargatt & Taylor
LLP, represent the Debtor in its chapter 11 proceeding.  As of
Apr. 30, 2005, the Debtor reported $40,860,000 in total assets and
$44,195,000 in total debts.


USG CORP: Earns $42 Million for the Month of October 2005
---------------------------------------------------------

USG Corporation, et al.
Consolidated Balance Sheet                          31-Oct-2005
__________________________                          ___________

Assets:
Cash and cash equivalents                          $678,145,000
Marketable Securities                               171,136,000
Restricted Cash                                      75,021,000
Receivables                                         420,622,000
Inventories                                         277,824,000
Income taxes receivable                               6,234,000
Other current assets                                166,479,000
                                                   ------------
Total current assets                              1,795,461,000

Property, plant and equipment, net                1,646,148,000
Marketable Securities                               283,298,000
Deferred income taxes                               219,951,000
Goodwill                                             64,124,000
Other assets                                        423,330,000
                                                   ------------
Total Assets                                     $4,432,312,000
                                                  =============

Liabilities and Stockholders' Equity:
Accounts payable                                   $262,431,000
Accrued expenses                                    234,430,000
Deferred income taxes                                 9,293,000
Taxes on income                                      66,553,000
                                                  -------------
Total current liabilities                           572,707,000

Other liabilities                                   427,267,000
Liabilities subject to compromise                 2,240,570,000

Stockholders' Equity:
Common stock                                          4,998,000
Treasury stock                                     (221,819,000)
Capital received in excess of par value             117,020,000
Accumulated other comprehensive income/(loss)        80,338,000
Retained earnings                                 1,211,231,000
                                                  -------------
Total stockholders' equity                        1,191,768,000
                                                  -------------
Total Liabilities and Stockholders' Equity       $4,432,312,000
                                                  =============

USG Corporation, et al.                            Month Ending
Consolidated Income Statement                       31-Oct-2005
_____________________________                      ____________

Net sales                                          $406,364,000

Cost of products sold                               317,269,000
Selling and administrative expenses                  23,943,000
Chapter 11 reorganization expenses                   (3,348,000)
Provision for restructuring expenses                          -
Interest expense                                        337,000
Interest income                                        (145,000)
Other (income)/expense, net                            (287,000)
                                                   ------------
Earnings/(loss) before income taxes                  68,595,000

Income taxes (benefit)                               26,393,000
                                                   ------------
Net Earnings/(loss)                                 $42,202,000
                                                   ============

Headquartered in Chicago, Illinois, USG Corporation --
http://www.usg.com/-- through its subsidiaries, is a leading  
manufacturer and distributor of building materials producing a
wide range of products for use in new residential, new
nonresidential and repair and remodel construction, as well as
products used in certain industrial processes.  The Company filed
for chapter 11 protection on June 25, 2001 (Bankr. Del. Case No.
01-02094).  David G. Heiman, Esq., and Paul E. Harner, Esq., at
Jones Day represent the Debtors in their restructuring efforts.
When the Debtors filed for protection from their creditors, they
listed $3,252,000,000 in assets and $2,739,000,000 in debts.  (USG
Bankruptcy News, Issue No. 100; Bankruptcy Creditors' Service,
Inc., 215/945-7000)


WINN-DIXIE: Posts $351 Mil. Net Loss for Four Weeks Ended Sept. 21
------------------------------------------------------------------

                 Winn-Dixie Stores, Inc., et al.
               Unaudited Consolidated Balance Sheet
                      At September 21, 2005
                          (In thousands)

                              Assets
          
Current assets:
   Cash and cash equivalents                            $46,264
   Marketable securities                                 19,771
   Trade and other receivables, net                     227,700
   Insurance claims receivable                           51,044
   Income tax receivable                                 30,183
   Merchandise inventories, net                         527,775
   Prepaid expenses and other current assets             61,529
                                                   ------------
Total current assets                                    964,266

Property, plant and equipment, net                      582,020
Other assets, net                                       134,903
                                                   ------------
TOTAL ASSETS                                         $1,681,189
                                                   ============

                 Liabilities & Shareholders' Deficit
          
Current liabilities:
   Current portion of long-term debt                       $216
   Current obligations under capital leases               4,649
   Accounts payable                                     133,573
   Reserve for self-insurance liabilities                86,261
   Accrued wages and salaries                           100,876
   Accrued rent                                          35,664
   Accrued expenses                                     107,790
                                                   ------------
Total current liabilities                               469,029

Reserve for self-insurance liabilities                  141,557
Long-term debt                                              340
Long-term borrowings under DIP Credit Facility           42,789
Obligations under capital leases                          6,247
Other liabilities                                        17,757
                                                   ------------
Total liabilities not subject to compromise             677,719

Liabilities subject to compromise                     1,500,099
                                                   ------------
Total liabilities                                     2,177,818

Shareholders' deficit:
   Common stock                                         141,863
   Additional paid-in-capital                            29,712
   Accumulated deficit                                 (630,739)
   Accumulated other comprehensive loss                 (37,465)
                                                   ------------
Total shareholders' deficit                            (496,629)
                                                   ------------
TOTAL LIABILITIES AND SHAREHOLDERS' DEFICIT          $1,681,189
                                                   ============

                 Winn-Dixie Stores, Inc., et al.
          Unaudited Consolidated Statement of Operations
               Four weeks ended September 21, 2005
                          (In thousands)

Net sales                                              $563,070
Cost of sales                                           411,232
                                                   ------------
Gross profit on sales                                   151,838
Other operating and administrative expenses             161,819
Impairment charges                                        8,002
Restructuring charges                                    22,479
                                                   ------------
Operating loss                                          (40,462)
Interest expense, net                                     1,034
                                                   ------------
Loss before reorganization items and income taxes       (41,496)
Reorganization items, net                                 5,113
Income tax expense                                            -
                                                   ------------
Net loss from continuing operations                     (46,609)

Discontinued operations:
   Loss from discontinued operations                    (32,823)
   Loss on disposal of discontinued operations         (276,263)
   Income tax expense                                         -
                                                   ------------
Net loss from discontinued operations                  (309,086)
Cumulative effect of change in accounting principle       4,583
                                                   ------------
NET LOSS                                              ($351,112)
                                                   ============

                   Winn-Dixie Stores, Inc., et al.
           Unaudited Consolidated Statement of Cash Flows
                 Four weeks ended September 21, 2005
                             (In thousands)

Cash flows from operating activities:
   Net loss                                           ($351,112)
   Adjustments to reconcile net loss
    to net cash provided by operating activities:
      Gain on sales of assets, net                       (6,092)
      Reorganization items, net                           5,113
      Impairment charges                                  9,243
      Depreciation and amortization                       4,799
      Stock compensation plans                           (6,568)
      Change in operating assets and liabilities:
         Trade and other receivables                    (13,061)
         Merchandise inventories                         52,670
         Prepaid expenses and other current assets       12,444
         Accounts payable                                43,066
         Reserve for self-insurance liabilities           7,841
         Lease liability on closed facilities           277,308
         Income taxes receivable                           (109)
         Defined benefit plan                               257
         Other accrued expenses                          (1,801)
                                                   ------------
      Net cash provided by operating activities
       before reorganization items                       33,998
      Cash effect of reorganization items                (4,302)
                                                   ------------
Net cash provided by operating activities                29,696

Cash flows from investing activities:
   Purchases of property, plant and equipment            (2,735)
   Increase in investments and other assets              (1,819)
   Proceeds from sales of assets                         20,226
   Marketable securities, net                              (409)
                                                   ------------
Net cash provided by investing activities                15,263

Cash flows from financing activities:
   Gross borrowings on DIP Credit Facility              138,518
   Gross payments on DIP Credit Facility               (192,204)
   Principal payments on long-term debt                     (17)
   Principal payments on capital lease obligations         (270)
   Other                                                    143
                                                   ------------
Net cash used in financing activities                   (53,830)

Decrease in cash and cash equivalents                    (8,871)
Cash and cash equivalents at beginning of period         55,135
                                                   ------------
Cash and cash equivalents at end of period              $46,264
                                                   ============

Headquartered in Jacksonville, Florida, Winn-Dixie Stores, Inc.
-- http://www.winn-dixie.com/-- is one of the nation's largest  
food retailers.  The Company operates stores across the
Southeastern United States and in the Bahamas and employs
approximately 90,000 people.  The Company, along with 23 of its
U.S. subsidiaries, filed for chapter 11 protection on Feb. 21,
2005 (Bankr. S.D.N.Y. Case No. 05-11063, transferred Apr. 14,
2005, to Bankr. M.D. Fla. Case Nos. 05-03817 through 05-03840).
D.J. Baker, Esq., at Skadden Arps Slate Meagher & Flom LLP, and
Sarah Robinson Borders, Esq., and Brian C. Walsh, Esq., at King &
Spalding LLP, represent the Debtors in their restructuring
efforts.  When the Debtors filed for protection from their
creditors, they listed $2,235,557,000 in total assets and
$1,870,785,000 in total debts.  (Winn-Dixie Bankruptcy News,
Issue No. 29; Bankruptcy Creditors' Service, Inc., 215/945-7000).


WINN-DIXIE: Earns $196 Million for Four Weeks Ended Oct. 19
-----------------------------------------------------------

                 Winn-Dixie Stores, Inc., et al.
               Unaudited Consolidated Balance Sheet
                       At October 19, 2005
                          (In thousands)

                              Assets

Current assets:
   Cash and cash equivalents                            $63,807
   Marketable securities                                 19,777
   Trade and other receivables, net                     215,267
   Insurance claims receivable                           60,162
   Income tax receivable                                 30,183
   Merchandise inventories, net                         548,495
   Prepaid expenses and other current assets             51,656
                                                   ------------
Total current assets                                    989,347

Property, plant and equipment, net                      570,961
Other assets, net                                       134,504
                                                   ------------
TOTAL ASSETS                                         $1,694,812
                                                   ============

                 Liabilities & Shareholders' Deficit
          
Current liabilities:
   Current portion of long-term debt                       $218
   Current obligations under capital leases               4,582
   Accounts payable                                     178,714
   Reserve for self-insurance liabilities                85,936
   Accrued wages and salaries                            94,011
   Accrued rent                                          36,042
   Accrued expenses                                     105,083
                                                   ------------
Total current liabilities                               504,586

Reserve for self-insurance liabilities                  141,799
Long-term debt                                              321
Long-term borrowings under DIP Credit Facility           40,000
Obligations under capital leases                          6,032
Other liabilities                                        17,634
                                                   ------------
Total liabilities not subject to compromise             710,372

Liabilities subject to compromise                     1,284,426
                                                   ------------
Total liabilities                                     1,994,798

Shareholders' deficit:
   Common stock                                         141,828
   Additional paid-in-capital                            30,299
   Accumulated deficit                                 (434,904)
   Accumulated other comprehensive loss                 (37,209)
                                                   ------------
Total shareholders' deficit                            (299,986)
                                                   ------------
Total liabilities and shareholders' deficit          $1,694,812
                                                   ============

                   Winn-Dixie Stores, Inc., et al.
           Unaudited Consolidated Statement of Operations
                 Four weeks ended October 19, 2005
                            (In thousands)

Net sales                                              $565,394
Cost of sales, net                                      411,802
                                                   ------------
Gross profit on sales                                   153,592

Other operating and administrative expenses             165,108
Restructuring charges                                     3,914
                                                   ------------
Operating loss                                          (15,430)
Interest expense, net                                     1,011
                                                   ------------
Loss before reorganization items and income taxes       (16,441)

Reorganization items, net                              (192,073)
Income tax expense                                            -
                                                   ------------
Net earnings from continuing operations                 175,632

Discontinued operations:
   Loss from discontinued operations                     (3,116)
   Gain on disposal of discontinued operations           23,319
   Income tax expense                                         -
                                                   ------------
Net earnings from discontinued operations                20,203
                                                   ------------
NET EARNINGS                                           $195,835
                                                   ============

                 Winn-Dixie Stores, Inc., et al.
          Unaudited Consolidated Statement of Cash Flows
                Four weeks ended October 19, 2005
                          (In thousands)

Cash flows from operating activities:
   Net income                                          $195,835
   Adjustments to reconcile net income
   to net cash provided by operating activities:
      Gain on sales of assets, net                       (4,223)
      Reorganization items, net                        (192,073)
      Depreciation and amortization                       8,913
      Stock compensation plans                              713
      Change in operating assets and liabilities:
         Trade and other receivables                      1,413
         Merchandise inventories                        (20,720)
         Prepaid expenses and other current assets       10,501
         Accounts payable                                45,885
         Reserve for self-insurance liabilities             (82)
         Lease liability on closed facilities          (217,428)
         Income taxes receivable                            (56)
         Defined benefit plan                               (84)
         Other accrued expenses                         188,601
                                                   ------------
      Net cash provided by operating activities
      before reorganization items                        17,195
      Cash effect of reorganization items                (3,916)
                                                   ------------
Net cash provided by operating activities                13,279

Cash flows from investing activities:
   Purchases of property, plant and equipment            (3,678)
   Increase in investments and other assets              (1,693)
   Proceeds from sales of assets                         13,162
   Marketable securities, net                               (63)
                                                   ------------
Net cash provided by investing activities                 7,728

Cash flows from financing activities:
   Gross borrowings on DIP Credit Facility              107,399
   Gross payments on DIP Credit Facility               (110,188)
   Principal payments on long-term debt                     (17)
   Debt issuance costs                                     (496)
   Principal payments on capital lease obligations         (306)
   Other                                                    144
                                                   ------------
Net cash used in financing activities                    (3,464)

Increase in cash and cash equivalents                    17,543
Cash and cash equivalents at beginning of period         46,264
                                                   ------------
Cash and cash equivalents at end of period              $63,807
                                                   ============

Headquartered in Jacksonville, Florida, Winn-Dixie Stores, Inc.
-- http://www.winn-dixie.com/-- is one of the nation's largest  
food retailers.  The Company operates stores across the
Southeastern United States and in the Bahamas and employs
approximately 90,000 people.  The Company, along with 23 of its
U.S. subsidiaries, filed for chapter 11 protection on Feb. 21,
2005 (Bankr. S.D.N.Y. Case No. 05-11063, transferred Apr. 14,
2005, to Bankr. M.D. Fla. Case Nos. 05-03817 through 05-03840).
D.J. Baker, Esq., at Skadden Arps Slate Meagher & Flom LLP, and
Sarah Robinson Borders, Esq., and Brian C. Walsh, Esq., at King &
Spalding LLP, represent the Debtors in their restructuring
efforts.  When the Debtors filed for protection from their
creditors, they listed $2,235,557,000 in total assets and
$1,870,785,000 in total debts.  (Winn-Dixie Bankruptcy News,
Issue No. 29; Bankruptcy Creditors' Service, Inc., 215/945-7000).


WINN-DIXIE: Earns $39.9 Million for Four Weeks Ended Nov. 16
------------------------------------------------------------

                  Winn-Dixie Stores, Inc., et al.
               Unaudited Consolidated Balance Sheet
                       At November 16, 2005
                          (In thousands)

                              Assets
          
Current assets:          
   Cash and cash equivalents                            $58,754
   Marketable securities                                 13,306
   Trade and other receivables, net                     188,750
   Insurance claims receivable                           88,317
   Income tax receivable                                 30,183
   Merchandise inventories, less LIFO reserve           564,580
   Prepaid expenses and other current assets             54,581
                                                   ------------
Total current assets                                    998,471

Property, plant and equipment, net                      563,579
Other assets, net                                       123,478
                                                   ------------
TOTAL ASSETS                                         $1,685,528
                                                   ============

                  LIABILITIES & SHAREHOLDERS' DEFICIT
          
Current liabilities:
   Current portion of long-term debt                       $219
   Current obligations under capital leases               4,273
   Accounts payable                                     271,094
   Reserve for self-insurance liabilities                91,292
   Accrued wages and salaries                            82,480
   Accrued rent                                          40,646
   Accrued expenses                                     103,080
                                                   ------------
Total current liabilities                               593,084
     
Reserve for self-insurance liabilities                  142,042
Long-term debt                                              302
Long-term borrowings under DIP Credit Facility           40,000
Obligations under capital leases                          5,400
Other liabilities                                        16,898
                                                   ------------
Total liabilities not subject to compromise             797,726
Liabilities subject to compromise                     1,147,088
                                                   ------------
Total liabilities                                     1,944,814
     
Shareholders' deficit:
   Common stock                                         141,828
   Additional paid-in-capital                            30,845
   Accumulated deficit                                 (395,020)
   Accumulated other comprehensive loss                 (36,939)
                                                   ------------
Total shareholders' deficit                            (259,286)
                                                   ------------
TOTAL LIABILITIES AND SHAREHOLDERS' DEFICIT          $1,685,528
                                                   ============

                 Winn-Dixie Stores, Inc., et al.
          Unaudited Consolidated Statement of Operations
                Four weeks ended November 16, 2005
                          (In thousands)

Net sales                                              $587,276
Cost of sales                                           445,130
                                                   ------------
Gross profit on sales                                   142,146

Other operating and administrative expenses             159,100
Restructuring charges                                     9,415
                                                   ------------
Operating loss                                          (26,369)

Interest expense, net                                       843
                                                   ------------
Loss before reorganization items and income taxes       (27,212)
Reorganization items, net                               (65,007)
Income tax expense                                            -
                                                   ------------
Net earnings from continuing operations                  37,795

Discontinued operations:
   Loss from discontinued operations                       (970)
   Gain on disposal of discontinued operations            3,059
   Income tax expense                                         -
                                                   ------------
Net earnings from discontinued operations                 2,089
                                                   ------------
NET EARNINGS                                            $39,884
                                                   ============

                 Winn-Dixie Stores, Inc., et al.
          Unaudited Consolidated Statement of Cash Flows
                Four weeks ended November 16, 2005
                          (In thousands)

Cash flows from operating activities:
   Net earnings                                         $39,884
   Adjustments to reconcile net earnings to
    net cash used in operating activities:
      Gain on sales of assets, net                       (1,089)
      Reorganization items, net                         (65,007)
      Depreciation and amortization                       9,109
      Stock compensation plans                              707
      Change in operating assets and liabilities:
         Trade and other receivables                     (8,582)
         Merchandise inventories                        (16,085)
         Prepaid expenses and other current assets       (2,033)
         Accounts payable                                21,657
         Reserve for self-insurance liabilities           5,598
         Lease liability on closed facilities           (57,870)
         Income taxes receivable                             (1)
         Defined benefit plan                              (149)
         Other accrued expenses                          51,519
                                                   ------------
      Net cash used in operating activities
       before reorganization items                      (22,342)
      Cash effect of reorganization items                (6,015)
                                                   ------------
Net cash used in operating activities                   (28,357)
     
Cash flows from investing activities:
   Purchases of property, plant and equipment              (640)
   Decrease in investments and other assets              14,106
   Proceeds from sales of assets                          2,756
   Marketable securities, net                             6,428
                                                   ------------
Net cash provided by investing activities                22,650
     
Cash flows from financing activities:
   Gross borrowings on DIP Credit Facility               87,655
   Gross payments on DIP Credit Facility                (87,655)
   Principal payments on long-term debt                     (18)
   Principal payments on capital lease obligations          476
   Other                                                    196
                                                   ------------
Net cash provided by financing activities                   654
     
Decrease in cash and cash equivalents                    (5,053)
Cash and cash equivalents at beginning of period         63,807
                                                   ------------
CASH AND CASH EQUIVALENTS AT END OF PERIOD              $58,754
                                                   ============

Headquartered in Jacksonville, Florida, Winn-Dixie Stores, Inc.
-- http://www.winn-dixie.com/-- is one of the nation's largest  
food retailers.  The Company operates stores across the
Southeastern United States and in the Bahamas and employs
approximately 90,000 people.  The Company, along with 23 of its
U.S. subsidiaries, filed for chapter 11 protection on Feb. 21,
2005 (Bankr. S.D.N.Y. Case No. 05-11063, transferred Apr. 14,
2005, to Bankr. M.D. Fla. Case Nos. 05-03817 through 05-03840).
D.J. Baker, Esq., at Skadden Arps Slate Meagher & Flom LLP, and
Sarah Robinson Borders, Esq., and Brian C. Walsh, Esq., at King &
Spalding LLP, represent the Debtors in their restructuring
efforts.  When the Debtors filed for protection from their
creditors, they listed $2,235,557,000 in total assets and
$1,870,785,000 in total debts.  (Winn-Dixie Bankruptcy News,
Issue No. 29; Bankruptcy Creditors' Service, Inc., 215/945-7000).

                          *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable.  Those sources may not,
however, be complete or accurate.  The Monday Bond Pricing table
is compiled on the Friday prior to publication.  Prices reported
are not intended to reflect actual trades.  Prices for actual
trades are probably different.  Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind.  It is likely that some entity
affiliated with a TCR editor holds some position in the issuers'
public debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
share in public markets.  At first glance, this list may look like
the definitive compilation of stocks that are ideal to sell short.  
Don't be fooled.  Assets, for example, reported at historical cost
net of depreciation may understate the true value of a firm's
assets.  A company may establish reserves on its balance sheet for
liabilities that may never materialize.  The prices at which
equity securities trade in public market are determined by more
than a balance sheet solvency test.

A list of Meetings, Conferences and Seminars appears in each
Wednesday's edition of the TCR. Submissions about insolvency-
related conferences are encouraged. Send announcements to
conferences@bankrupt.com.

Each Friday's edition of the TCR includes a review about a book of
interest to troubled company professionals. All titles are
available at your local bookstore or through Amazon.com. Go to
http://www.bankrupt.com/books/to order any title today.

Monthly Operating Reports are summarized in every Saturday edition
of the TCR.

For copies of court documents filed in the District of Delaware,
please contact Vito at Parcels, Inc., at 302-658-9911. For
bankruptcy documents filed in cases pending outside the District
of Delaware, contact Ken Troubh at Nationwide Research &
Consulting at 207/791-2852.

                          *********

S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published by  
Bankruptcy Creditors' Service, Inc., Fairless Hills, Pennsylvania,  
USA, and Beard Group, Inc., Frederick, Maryland USA. Yvonne L.  
Metzler, Emi Rose S.R. Parcon, Rizande B. Delos Santos, Jazel P.
Laureno, Cherry Soriano-Baaclo, Marjorie Sabijon, Terence Patrick
F. Casquejo, Jason A. Nieva, Christian Q. Salta, Lucilo Junior M.
Pinili, Tara Marie Martin, and Peter A. Chapman, Editors.

Copyright 2005.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding, electronic
re-mailing and photocopying) is strictly prohibited without prior
written permission of the publishers.  Information contained
herein is obtained from sources believed to be reliable, but is
not guaranteed.

The TCR subscription rate is $675 for 6 months delivered via e-
mail. Additional e-mail subscriptions for members of the same firm
for the term of the initial subscription or balance thereof are
$25 each.  For subscription information, contact Christopher
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                    *** End of Transmission ***