﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.irs.gov/efile" returnVersion="2010v3.4">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2011-08-15T07:19:20-05:00</Timestamp>
    <TaxPeriodEndDate>2010-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>NOVAK FRANCELLA LLC</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>ONE PRESIDENTIAL BLVD SUITE 330</AddressLine1>
        <City>BALA CYNWYD</City>
        <State>PA</State>
        <ZIPCode>19004</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990</ReturnType>
    <TaxPeriodBeginDate>2010-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>112750720</EIN>
      <Name>
        <BusinessNameLine1>HOLLOW METAL TRUST FUND</BusinessNameLine1>
      </Name>
      <NameControl>HOLL</NameControl>
      <Phone>2123667880</Phone>
      <USAddress>
        <AddressLine1>395 HUDSON STREET 8TH FL</AddressLine1>
        <City>NEW YORK</City>
        <State>NY</State>
        <ZIPCode>10014</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>JOHN BALLANTYNE</Name>
      <Title>TRUSTEE</Title>
      <Phone>2123667880</Phone>
      <DateSigned>2011-08-11</DateSigned>
    </Officer>
    <Preparer>
      <Name>LOUIS VERZELLA CPA</Name>
      <Phone>6106689400</Phone>
      <DatePrepared>2011-08-11</DatePrepared>
    </Preparer>
    <TaxYear>2010</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="4">
    <IRS990 documentId="RetDoc1038000001" referenceDocumentId="RetDoc1044400001">
      <NameOfPrincipalOfficerPerson>JOHN BALLANTYNE</NameOfPrincipalOfficerPerson>
      <AddressPrincipalOfficerUS>
        <AddressLine1>395 HUDSON STREET 8TH FL</AddressLine1>
        <City>NEW YORK</City>
        <State>NY</State>
        <ZIPCode>10014</ZIPCode>
      </AddressPrincipalOfficerUS>
      <GrossReceipts>19283542</GrossReceipts>
      <GroupReturnForAffiliates>0</GroupReturnForAffiliates>
      <Organization501c typeOf501cOrganization="9">X</Organization501c>
      <WebSite>N/A</WebSite>
      <TypeOfOrganizationTrust>X</TypeOfOrganizationTrust>
      <YearFormation>1984</YearFormation>
      <StateLegalDomicile>NY</StateLegalDomicile>
      <ActivityOrMissionDescription>PROVIDES MEDICAL, SURGICAL, HOSPITALIZATION, PRESCRIPTION, DENTAL, OPTICAL, DISABILITY AND DEATH BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS.</ActivityOrMissionDescription>
      <NbrVotingMembersGoverningBody>6</NbrVotingMembersGoverningBody>
      <NbrIndependentVotingMembers>6</NbrIndependentVotingMembers>
      <TotalNbrEmployees>26</TotalNbrEmployees>
      <TotalNbrVolunteers>0</TotalNbrVolunteers>
      <TotalGrossUBI>0</TotalGrossUBI>
      <NetUnrelatedBusinessTxblIncome>-994</NetUnrelatedBusinessTxblIncome>
      <ContributionsGrantsPriorYear>0</ContributionsGrantsPriorYear>
      <ContributionsGrantsCurrentYear>0</ContributionsGrantsCurrentYear>
      <ProgramServiceRevenuePriorYear>7308315</ProgramServiceRevenuePriorYear>
      <ProgramServiceRevenueCY>6835402</ProgramServiceRevenueCY>
      <InvestmentIncomePriorYear>803159</InvestmentIncomePriorYear>
      <InvestmentIncomeCurrentYear>755031</InvestmentIncomeCurrentYear>
      <OtherRevenuePriorYear>44895</OtherRevenuePriorYear>
      <OtherRevenueCurrentYear>118092</OtherRevenueCurrentYear>
      <TotalRevenuePriorYear>8156369</TotalRevenuePriorYear>
      <TotalRevenueCurrentYear>7708525</TotalRevenueCurrentYear>
      <GrantsAndSimilarAmntsPriorYear>0</GrantsAndSimilarAmntsPriorYear>
      <GrantsAndSimilarAmntsCY>0</GrantsAndSimilarAmntsCY>
      <BenefitsPaidToMembersPriorYear>6452820</BenefitsPaidToMembersPriorYear>
      <BenefitsPaidToMembersCY>6423490</BenefitsPaidToMembersCY>
      <SalariesEtcPriorYear>450778</SalariesEtcPriorYear>
      <SalariesEtcCurrentYear>417108</SalariesEtcCurrentYear>
      <TotalProfFundrsngExpPriorYear>0</TotalProfFundrsngExpPriorYear>
      <TotalProfFundrsngExpCY>0</TotalProfFundrsngExpCY>
      <TotalFundrsngExpCurrentYear>0</TotalFundrsngExpCurrentYear>
      <OtherExpensePriorYear>546822</OtherExpensePriorYear>
      <OtherExpensesCurrentYear>521371</OtherExpensesCurrentYear>
      <TotalExpensesPriorYear>7450420</TotalExpensesPriorYear>
      <TotalExpensesCurrentYear>7361969</TotalExpensesCurrentYear>
      <RevenuesLessExpensesPriorYear>705949</RevenuesLessExpensesPriorYear>
      <RevenuesLessExpensesCY>346556</RevenuesLessExpensesCY>
      <TotalAssetsBOY>25902977</TotalAssetsBOY>
      <TotalAssetsEOY>28723185</TotalAssetsEOY>
      <TotalLiabilitiesBOY>40361</TotalLiabilitiesBOY>
      <TotalLiabilitiesEOY>828237</TotalLiabilitiesEOY>
      <NetAssetsOrFundBalancesBOY>25862616</NetAssetsOrFundBalancesBOY>
      <NetAssetsOrFundBalancesEOY>27894948</NetAssetsOrFundBalancesEOY>
      <MissionDescription>PROVIDES MEDICAL, SURGICAL, HOSPITALIZATION, PRESCRIPTION, DENTAL, OPTICAL, DISABILITY AND DEATH BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS.</MissionDescription>
      <SignificantNewProgramServices>0</SignificantNewProgramServices>
      <SignificantChange>0</SignificantChange>
      <Description>DISBURSEMENT FOR MEDICAL, PRESCRIPTION, DENTAL, OPTICAL, DISABILITY AND DEATH BENEFIT CLAIMS SUBMITTED BY QUALIFIED COVERED EMPLOYEES OF UNIONS AFFILIATED WITH THE TRUST.</Description>
      <DescribedIn501C3>0</DescribedIn501C3>
      <ScheduleBRequired>0</ScheduleBRequired>
      <PoliticalActivities>0</PoliticalActivities>
      <DonorAdvisedFunds referenceDocumentId="RetDoc1040000001">0</DonorAdvisedFunds>
      <ConservationEasements referenceDocumentId="RetDoc1040000001">0</ConservationEasements>
      <CollectionsOfArt referenceDocumentId="RetDoc1040000001">0</CollectionsOfArt>
      <CreditCounseling referenceDocumentId="RetDoc1040000001">0</CreditCounseling>
      <TermOrPermanentEndowments referenceDocumentId="RetDoc1040000001">0</TermOrPermanentEndowments>
      <ReportLandBldgEquip referenceDocumentId="RetDoc1040000001">1</ReportLandBldgEquip>
      <ReportInvestOthSecurities referenceDocumentId="RetDoc1040000001">1</ReportInvestOthSecurities>
      <ReportProgRelInvest referenceDocumentId="RetDoc1040000001">0</ReportProgRelInvest>
      <ReportOtherAssets referenceDocumentId="RetDoc1040000001">0</ReportOtherAssets>
      <ReportOtherLiabilities referenceDocumentId="RetDoc1040000001">1</ReportOtherLiabilities>
      <ReportFin48Footnote referenceDocumentId="RetDoc1040000001">0</ReportFin48Footnote>
      <IndependentAuditFinancialStmt referenceDocumentId="RetDoc1040000001">1</IndependentAuditFinancialStmt>
      <ConsolidatedAuditFinancialStmt referenceDocumentId="RetDoc1040000001">0</ConsolidatedAuditFinancialStmt>
      <School>0</School>
      <ForeignOffice>0</ForeignOffice>
      <ForeignActivities>0</ForeignActivities>
      <MoreThan5000KToOrganizations>0</MoreThan5000KToOrganizations>
      <MoreThan5000KToIndividuals>0</MoreThan5000KToIndividuals>
      <ProfessionalFundraising>0</ProfessionalFundraising>
      <FundraisingActivities>0</FundraisingActivities>
      <Gaming>0</Gaming>
      <Hospital>0</Hospital>
      <GrantsToOrganizations>0</GrantsToOrganizations>
      <GrantsToIndividuals>0</GrantsToIndividuals>
      <ScheduleJRequired>0</ScheduleJRequired>
      <TaxExemptBonds>0</TaxExemptBonds>
      <LoanToOfficerOrDQP>0</LoanToOfficerOrDQP>
      <GrantToRelatedPerson>0</GrantToRelatedPerson>
      <BsnssRltnshpWithOrganization>0</BsnssRltnshpWithOrganization>
      <BsnssRltnshpThruFamilyMember>0</BsnssRltnshpThruFamilyMember>
      <OfficerEntityWithBsnssRltnshp>0</OfficerEntityWithBsnssRltnshp>
      <DeductibleNonCashContributions>0</DeductibleNonCashContributions>
      <DeductibleContributionsOfArt>0</DeductibleContributionsOfArt>
      <Terminated>0</Terminated>
      <PartialLiquidation>0</PartialLiquidation>
      <DisregardedEntity referenceDocumentId="RetDoc1043400001">0</DisregardedEntity>
      <RelatedEntity referenceDocumentId="RetDoc1043400001">1</RelatedEntity>
      <RelatedOrgControlledEntity>0</RelatedOrgControlledEntity>
      <TransactionRelatedEntity referenceDocumentId="RetDoc1043400001">0</TransactionRelatedEntity>
      <ActivitiesConductedPartnership referenceDocumentId="RetDoc1043400001">0</ActivitiesConductedPartnership>
      <ScheduleORequired>1</ScheduleORequired>
      <NumberFormsTransmittedWith1096>3</NumberFormsTransmittedWith1096>
      <NumberW2GIncluded>0</NumberW2GIncluded>
      <NumberOfEmployees>26</NumberOfEmployees>
      <EmploymentTaxReturnsFiled>1</EmploymentTaxReturnsFiled>
      <UnrelatedBusinessIncome>0</UnrelatedBusinessIncome>
      <ForeignFinancialAccount>0</ForeignFinancialAccount>
      <ProhibitedTaxShelterTrans>0</ProhibitedTaxShelterTrans>
      <TaxablePartyNotification>0</TaxablePartyNotification>
      <NonDeductibleContributions>0</NonDeductibleContributions>
      <IndoorTanningServices>0</IndoorTanningServices>
      <InfoInScheduleOPartVI>X</InfoInScheduleOPartVI>
      <NbrVotingGoverningBodyMembers>6</NbrVotingGoverningBodyMembers>
      <NumberIndependentVotingMembers>6</NumberIndependentVotingMembers>
      <FamilyOrBusinessRelationship>0</FamilyOrBusinessRelationship>
      <DelegationOfManagementDuties>0</DelegationOfManagementDuties>
      <ChangesToOrganizingDocs>0</ChangesToOrganizingDocs>
      <MaterialDiversionOrMisuse>0</MaterialDiversionOrMisuse>
      <MembersOrStockholders>0</MembersOrStockholders>
      <ElectionOfBoardMembers>0</ElectionOfBoardMembers>
      <DecisionsSubjectToApproval>0</DecisionsSubjectToApproval>
      <MinutesOfGoverningBody>1</MinutesOfGoverningBody>
      <MinutesOfCommittees>1</MinutesOfCommittees>
      <OfficerMailingAddress>0</OfficerMailingAddress>
      <LocalChapters>0</LocalChapters>
      <Form990ProvidedToGoverningBody>1</Form990ProvidedToGoverningBody>
      <ConflictOfInterestPolicy>0</ConflictOfInterestPolicy>
      <WhistleblowerPolicy>0</WhistleblowerPolicy>
      <DocumentRetentionPolicy>0</DocumentRetentionPolicy>
      <CompensationProcessCEO>0</CompensationProcessCEO>
      <CompensationProcessOther>0</CompensationProcessOther>
      <InvestmentInJointVenture>0</InvestmentInJointVenture>
      <UponRequest>X</UponRequest>
      <TheBooksAreInCareOf>
        <NameBusiness>
          <BusinessNameLine1>DENISE MEEHAN</BusinessNameLine1>
        </NameBusiness>
        <TelephoneNumber>2123667880</TelephoneNumber>
        <AddressUS>
          <AddressLine1>395 HUDSON STREET 8TH FL</AddressLine1>
          <City>NEW YORK</City>
          <State>NY</State>
          <ZIPCode>10014</ZIPCode>
        </AddressUS>
      </TheBooksAreInCareOf>
      <NoListedPersonsCompensated>X</NoListedPersonsCompensated>
      <Form990PartVIISectionA>
        <NamePerson>FRANK MARINO</NamePerson>
        <Title>TRUSTEE</Title>
        <AverageHoursPerWeek>2.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>FRANK G SPENCER</NamePerson>
        <Title>TRUSTEE</Title>
        <AverageHoursPerWeek>2.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>VINCENT GALLO</NamePerson>
        <Title>TRUSTEE</Title>
        <AverageHoursPerWeek>2.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>EDMUND GRECO</NamePerson>
        <Title>TRUSTEE</Title>
        <AverageHoursPerWeek>2.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>JOHN BALLANTYNE</NamePerson>
        <Title>TRUSTEE</Title>
        <AverageHoursPerWeek>2.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>DOUGLAS J MCCARRON</NamePerson>
        <Title>TRUSTEE</Title>
        <AverageHoursPerWeek>2.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <TotalReportableCompFromOrg>0</TotalReportableCompFromOrg>
      <TotalReportableCompFrmRltdOrgs>0</TotalReportableCompFrmRltdOrgs>
      <TotalOtherCompensation>0</TotalOtherCompensation>
      <NumberIndividualsGT100K>0</NumberIndividualsGT100K>
      <FormersListed>0</FormersListed>
      <TotalCompGT150K>0</TotalCompGT150K>
      <CompensationFromOtherSources>0</CompensationFromOtherSources>
      <ContractorCompensation>
        <NameOfContractor>
          <NameBusiness>
            <BusinessNameLine1>ANTHEM BLUE CROSS BLUE SHIELD</BusinessNameLine1>
          </NameBusiness>
        </NameOfContractor>
        <AddressOfContractor>
          <AddressUS>
            <AddressLine1>ONE LIBERTY PLAZA</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10006</ZIPCode>
          </AddressUS>
        </AddressOfContractor>
        <DescriptionOfServices>CLAIMS ADMINISTRATION</DescriptionOfServices>
        <Compensation>338492</Compensation>
      </ContractorCompensation>
      <ContractorCompensation>
        <NameOfContractor>
          <NameBusiness>
            <BusinessNameLine1>C &amp; R CONSULTING INC</BusinessNameLine1>
          </NameBusiness>
        </NameOfContractor>
        <AddressOfContractor>
          <AddressUS>
            <AddressLine1>1501 BROADWAY AT 44 ST</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10036</ZIPCode>
          </AddressUS>
        </AddressOfContractor>
        <DescriptionOfServices>CLAIMS ADMINISTRATION</DescriptionOfServices>
        <Compensation>217823</Compensation>
      </ContractorCompensation>
      <ContractorCompensation>
        <NameOfContractor>
          <NameBusiness>
            <BusinessNameLine1>NOVAK FRANCELLA LLC</BusinessNameLine1>
          </NameBusiness>
        </NameOfContractor>
        <AddressOfContractor>
          <AddressUS>
            <AddressLine1>450 FASHION AVE</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10123</ZIPCode>
          </AddressUS>
        </AddressOfContractor>
        <DescriptionOfServices>ACCOUNTING</DescriptionOfServices>
        <Compensation>117915</Compensation>
      </ContractorCompensation>
      <ContractorCompensation>
        <NameOfContractor>
          <NameBusiness>
            <BusinessNameLine1>TRIVELLA FORTE &amp; SMITH LLP</BusinessNameLine1>
          </NameBusiness>
        </NameOfContractor>
        <AddressOfContractor>
          <AddressUS>
            <AddressLine1>1311 MAMARONECK AVENUE STE 170</AddressLine1>
            <City>WHITE PLAINS</City>
            <State>NY</State>
            <ZIPCode>10605</ZIPCode>
          </AddressUS>
        </AddressOfContractor>
        <DescriptionOfServices>LEGAL COUNSEL</DescriptionOfServices>
        <Compensation>106491</Compensation>
      </ContractorCompensation>
      <NumberOfContractorsGT100K>4</NumberOfContractorsGT100K>
      <ProgramServiceRevenue>
        <Description>EMPLOYER CONTRIBUTIONS</Description>
        <BusinessCode>900099</BusinessCode>
        <TotalRevenueColumn>6739204</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>6739204</RelatedOrExemptFunctionIncome>
      </ProgramServiceRevenue>
      <ProgramServiceRevenue>
        <Description>COBRA CONTRIBUTIONS</Description>
        <BusinessCode>900099</BusinessCode>
        <TotalRevenueColumn>96198</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>96198</RelatedOrExemptFunctionIncome>
      </ProgramServiceRevenue>
      <TotalProgramServiceRevenue>6835402</TotalProgramServiceRevenue>
      <InvestmentIncome>
        <TotalRevenueColumn>518841</TotalRevenueColumn>
        <ExclusionAmount>518841</ExclusionAmount>
      </InvestmentIncome>
      <GrossAmountSalesAssets>
        <Securities>11811207</Securities>
      </GrossAmountSalesAssets>
      <LessCostOthBasisSalesExpenses>
        <Securities>11575017</Securities>
      </LessCostOthBasisSalesExpenses>
      <GainOrLoss>
        <Securities>236190</Securities>
      </GainOrLoss>
      <NetGainOrLossInvestments>
        <TotalRevenueColumn>236190</TotalRevenueColumn>
        <ExclusionAmount>236190</ExclusionAmount>
      </NetGainOrLossInvestments>
      <OtherRevenueMisc>
        <Description>MISC. INCOME</Description>
        <BusinessCode>900099</BusinessCode>
        <TotalRevenueColumn>74665</TotalRevenueColumn>
        <ExclusionAmount>74665</ExclusionAmount>
      </OtherRevenueMisc>
      <OtherRevenueMisc>
        <Description>COBRA STIMULUS SUBSIDY</Description>
        <BusinessCode>900099</BusinessCode>
        <TotalRevenueColumn>43427</TotalRevenueColumn>
        <ExclusionAmount>43427</ExclusionAmount>
      </OtherRevenueMisc>
      <TotalOtherRevenue>118092</TotalOtherRevenue>
      <TotalRevenue>
        <TotalRevenueColumn>7708525</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>6835402</RelatedOrExemptFunctionIncome>
        <UnrelatedBusinessRevenue>0</UnrelatedBusinessRevenue>
        <ExclusionAmount>873123</ExclusionAmount>
      </TotalRevenue>
      <BenefitsToMembers>
        <Total>6423490</Total>
      </BenefitsToMembers>
      <OtherSalariesAndWages>
        <Total>251309</Total>
      </OtherSalariesAndWages>
      <PensionPlanContributions>
        <Total>70915</Total>
      </PensionPlanContributions>
      <OtherEmployeeBenefits>
        <Total>68230</Total>
      </OtherEmployeeBenefits>
      <PayrollTaxes>
        <Total>26654</Total>
      </PayrollTaxes>
      <FeesForServicesLegal>
        <Total>181399</Total>
      </FeesForServicesLegal>
      <FeesForServicesAccounting>
        <Total>117915</Total>
      </FeesForServicesAccounting>
      <FeesForServicesInvstMgmntFees>
        <Total>98961</Total>
      </FeesForServicesInvstMgmntFees>
      <FeesForServicesOther>
        <Total>36000</Total>
      </FeesForServicesOther>
      <OfficeExpenses>
        <Total>46937</Total>
      </OfficeExpenses>
      <InformationTechnology>
        <Total>8222</Total>
      </InformationTechnology>
      <Occupancy>
        <Total>7697</Total>
      </Occupancy>
      <DepreciationDepletion>
        <Total>2349</Total>
      </DepreciationDepletion>
      <Insurance>
        <Total>21891</Total>
      </Insurance>
      <TotalFunctionalExpenses>
        <Total>7361969</Total>
      </TotalFunctionalExpenses>
      <CashNonInterestBearing>
        <BOY>63406</BOY>
        <EOY>1883</EOY>
      </CashNonInterestBearing>
      <SavingsAndTempCashInvestments>
        <BOY>1089355</BOY>
        <EOY>2630791</EOY>
      </SavingsAndTempCashInvestments>
      <AccountsReceivable>
        <BOY>1604089</BOY>
        <EOY>1065201</EOY>
      </AccountsReceivable>
      <PrepaidExpensesDeferredCharges>
        <BOY>42196</BOY>
        <EOY>42618</EOY>
      </PrepaidExpensesDeferredCharges>
      <LandBuildingsEquipmentBasis>11745</LandBuildingsEquipmentBasis>
      <LandBldgEquipmentAccumDeprec>9024</LandBldgEquipmentAccumDeprec>
      <LandBuildingsEquipmentBasisNet>
        <BOY>5070</BOY>
        <EOY>2721</EOY>
      </LandBuildingsEquipmentBasisNet>
      <InvestmentsPubTradedSecurities>
        <BOY>15196178</BOY>
        <EOY>17322083</EOY>
      </InvestmentsPubTradedSecurities>
      <InvestmentsOtherSecurities>
        <BOY>7282505</BOY>
        <EOY>7056608</EOY>
      </InvestmentsOtherSecurities>
      <OtherAssetsTotal>
        <BOY>620178</BOY>
        <EOY>601280</EOY>
      </OtherAssetsTotal>
      <TotalAssets>
        <BOY>25902977</BOY>
        <EOY>28723185</EOY>
      </TotalAssets>
      <AccountsPayableAccruedExpenses>
        <BOY>22692</BOY>
        <EOY>29031</EOY>
      </AccountsPayableAccruedExpenses>
      <OtherLiabilities>
        <BOY>17669</BOY>
        <EOY>799206</EOY>
      </OtherLiabilities>
      <TotalLiabilities>
        <BOY>40361</BOY>
        <EOY>828237</EOY>
      </TotalLiabilities>
      <FollowSFAS117>X</FollowSFAS117>
      <UnrestrictedNetAssets>
        <BOY>25862616</BOY>
        <EOY>27894948</EOY>
      </UnrestrictedNetAssets>
      <TotalNetAssetsFundBalances>
        <BOY>25862616</BOY>
        <EOY>27894948</EOY>
      </TotalNetAssetsFundBalances>
      <TotalLiabNetAssetsFundBalances>
        <BOY>25902977</BOY>
        <EOY>28723185</EOY>
      </TotalLiabNetAssetsFundBalances>
      <InfoInScheduleOPartXI>X</InfoInScheduleOPartXI>
      <ReconcilationRevenueExpenses>346556</ReconcilationRevenueExpenses>
      <ReconcilationOtherChanges>1685776</ReconcilationOtherChanges>
      <InfoInScheduleOPartXII>X</InfoInScheduleOPartXII>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>0</AccountantCompileOrReview>
      <FSAudited>1</FSAudited>
      <AuditCommittee>1</AuditCommittee>
      <FinancialStatementSeparate>X</FinancialStatementSeparate>
      <FederalGrantAuditRequired>0</FederalGrantAuditRequired>
    </IRS990>
    <IRS990ScheduleD documentId="RetDoc1040000001">
      <OtherLandBuildings>
        <OtherCostOrOtherBasis>11745</OtherCostOrOtherBasis>
        <Depreciation>9024</Depreciation>
        <BookValue>2721</BookValue>
      </OtherLandBuildings>
      <TotalOfBookValueLandBuildings>2721</TotalOfBookValueLandBuildings>
      <OtherSecurities>
        <Description>COMMON COLLECTIVE FUND</Description>
        <BookValue>7056608</BookValue>
        <MethodOfValuation>F</MethodOfValuation>
      </OtherSecurities>
      <TotalOfBookValueSecurities>7056608</TotalOfBookValueSecurities>
      <OtherLiabilities>
        <Description>BANK OVERDRAFT</Description>
        <Amount>13777</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>DUE TO EMPLOYER</Description>
        <Amount>785429</Amount>
      </OtherLiabilities>
      <TotalOfAmounts>799206</TotalOfAmounts>
      <TotalRevenue>7708525</TotalRevenue>
      <TotalExpenses>7361969</TotalExpenses>
      <ExcessOrDeficitForYear>346556</ExcessOrDeficitForYear>
      <NetUnrealizedGLOnInvestments>1685776</NetUnrealizedGLOnInvestments>
      <TotalAdjustments>1685776</TotalAdjustments>
      <ExcessOrDeficitPerFS>2032332</ExcessOrDeficitPerFS>
      <TotRevenueEtcAuditedFinclStmt>9295340</TotRevenueEtcAuditedFinclStmt>
      <NetUnrealizedGainsInvestments>1685776</NetUnrealizedGainsInvestments>
      <RevenueNotRptdF990>1685776</RevenueNotRptdF990>
      <RevenueSubtotal>7609564</RevenueSubtotal>
      <InvestmentExpensesNotIncluded>98961</InvestmentExpensesNotIncluded>
      <RevenueNotRptdOnFinStmt>98961</RevenueNotRptdOnFinStmt>
      <TotalRevenuePerForm990>7708525</TotalRevenuePerForm990>
      <TotExpensesEtcAuditedFinclStmt>7263008</TotExpensesEtcAuditedFinclStmt>
      <ExpensesNotRptdF990>0</ExpensesNotRptdF990>
      <ExpensesSubtotal>7263008</ExpensesSubtotal>
      <InvestmentExpensesNotIncluded2>98961</InvestmentExpensesNotIncluded2>
      <ExpensesNotRptdOnFinStmt>98961</ExpensesNotRptdOnFinStmt>
      <TotalExpensesPerForm990>7361969</TotalExpensesPerForm990>
    </IRS990ScheduleD>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <GeneralExplanation>
        <Identifier>FORM 990, PART VI, SECTION B, LINE 11</Identifier>
        <Explanation>HOLLOW METAL TRUST FUND'S FORM 990 IS PREPARED BY ITS INDEPENDENT PUBLIC ACCOUNTANT WHO THEN FORWARDS THE COMPLETED RETURN TO THE FUND ADMINISTRATOR FOR REVIEW. THE FUND ADMINISTRATOR PRESENTS THE RETURN TO THE GOVERNING BODY FOR REVIEW AND SIGNATURE.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION C, LINE 19</ReturnReference>
        <Explanation>HOLLOW METAL TRUST FUND'S ORGANIZING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC</Identifier>
        <ReturnReference>FORM 990, PART VII</ReturnReference>
        <Explanation>FRANK MARINO - 6 DELANCY RD, NORTH SALEM, NY 10560. EDMUND GRECO - 3130 BORDENTOWN AVENUE, OLD BRIDGE, NJ 08857.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>CHANGES IN NET ASSETS OR FUND BALANCES:</Identifier>
        <ReturnReference>FORM 990, PART XI, LINE 5:</ReturnReference>
        <Explanation>NET UNREALIZED GAINS ON INVESTMENTS: 1,685,776.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>HOLLOW METAL TRUST FUND'S BOARD OF TRUSTEES IS RESPONSIBLE FOR OVERSEEING THE FINANCIAL STATEMENT AUDIT AND SELECTION OF THE INDEPENDENT ACCOUNTANT PERFORMS SAID AUDIT.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
    <IRS990ScheduleR documentId="RetDoc1043400001">
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>HOLLOW METAL PENSION FUND</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>395 HUDSON ST 8TH FL</AddressLine1>
          <City>NEW YORK</City>
          <State>NY</State>
          <ZIPCode>10014</ZIPCode>
        </AddressUS>
        <EIN>112758544</EIN>
        <PrimaryActivities>PENSION FUND</PrimaryActivities>
        <LegalDomicileState>NY</LegalDomicileState>
        <ExemptCodeSection>401(A)/501(A)</ExemptCodeSection>
        <ControlledOrg>0</ControlledOrg>
      </Form990ScheduleRPartII>
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>HOLLOW METAL SEPARATE BENEFIT FUND</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>395 HUDSON ST 8TH FL</AddressLine1>
          <City>NEW YORK</City>
          <State>NY</State>
          <ZIPCode>10014</ZIPCode>
        </AddressUS>
        <EIN>112758544</EIN>
        <PrimaryActivities>PENSION FUND</PrimaryActivities>
        <LegalDomicileState>NY</LegalDomicileState>
        <ExemptCodeSection>401(A)/501(A)</ExemptCodeSection>
        <ControlledOrg>0</ControlledOrg>
      </Form990ScheduleRPartII>
      <ReceiptOfIntAnnRentsRoyalties>0</ReceiptOfIntAnnRentsRoyalties>
      <GiftGrantOrCapContrToOtherOrg>0</GiftGrantOrCapContrToOtherOrg>
      <GiftGrantOrCapContrFrOtherOrg>0</GiftGrantOrCapContrFrOtherOrg>
      <LoansOrGuaranteesToOtherOrg>0</LoansOrGuaranteesToOtherOrg>
      <LoansOrGuaranteesFromOtherOrg>0</LoansOrGuaranteesFromOtherOrg>
      <SaleOfAssetsToOtherOrg>0</SaleOfAssetsToOtherOrg>
      <PurchaseOfAssetsFromOtherOrg>0</PurchaseOfAssetsFromOtherOrg>
      <ExchangeOfAssets>0</ExchangeOfAssets>
      <RentalOfFacilitiesToOtherOrgs>0</RentalOfFacilitiesToOtherOrgs>
      <RentalOfFacilitiesFrOtherOrgs>0</RentalOfFacilitiesFrOtherOrgs>
      <PerformOfServicesForOtherOrgs>0</PerformOfServicesForOtherOrgs>
      <PerformOfServicesByOtherOrgs>0</PerformOfServicesByOtherOrgs>
      <SharingOfFacilities>0</SharingOfFacilities>
      <SharingOfPaidEmployees>0</SharingOfPaidEmployees>
      <ReimbursementPaidToOtherOrg>1</ReimbursementPaidToOtherOrg>
      <ReimbursementPaidByOtherOrg>1</ReimbursementPaidByOtherOrg>
      <OtherTransferToOtherOrg>0</OtherTransferToOtherOrg>
      <OtherTransferFromOtherOrg>0</OtherTransferFromOtherOrg>
    </IRS990ScheduleR>
  </ReturnData>
</Return>