only showing three posts?

hey, i have my reading settings set to show at the most 10 posts, but only three posts appear on my main index page. I would like for at least the five most recent posts to appear. I’d love some help in fixing this small annoyance. thanks.

Here’s my main index code:

<?php get_header(); ?>
<div id="handle"><a href="#" onclick="shelffx.toggle();return false;"><img src="<?php bloginfo('stylesheet_directory'); ?>/images/vrt.gif" alt="View Recent Ten" /></a></div>
<div id="shelf">
<div id="inf">
<div class="clr">&nbsp;</div>
<div id="com">
<div class="tinfo">Commentors</div>
<ul>
<?php get_tenrecentcomments(); ?>
</ul>
</div>
<div id="ent">
<div class="tinfo">Entries</div>
<ul>
<?php query_posts('showposts=10');?>
<?php if (have_posts()) : while (have_posts()) : the_post(); ?>
<li><span class="intr"><?php echo zeroise($post->ID, 3); ?></span><a href="<?php the_permalink() ?>"><?php the_title() ?></a></li>
<?php endwhile; endif; ?>
</ul>
</div>
<div class="clr">&nbsp;</div>
</div>
<br /><br />
</div>
<div id="subc">
<?php if (have_posts()) : ?>

<?php while (have_posts()) : the_post(); ?>
<?php static $ctr = 0;
if ($ctr == "3") { break; }
else { ?>
<h1><?php edit_post_link('Edit','<span class="edit">','</span>'); ?><span class="id"><?php echo zeroise($post->ID, 3); ?></span><a href="<?php the_permalink() ?>"><?php the_title(); ?></a></h1>
<h2>posted by <?php the_author_posts_link(); ?> on <?php the_time('F jS, Y') ?></h2>

<div class="entry">
<?php the_content(); ?>
</div>

<div class="info"><span class="comm"><?php comments_popup_link('No Comments', '1 Comment', '% Comments'); ?></span> <strong>| Categorized:</strong> <?php the_category(', ') ?></div>
<?php $ctr++; } ?>
<?php endwhile; ?>
<div class="navigation">
<div class="alignleft"><?php next_posts_link('&laquo; Previous Entries') ?></div>
<div class="alignright"><?php previous_posts_link('Next Entries &raquo;') ?></div>
</div>
<?php else : ?>
<h2 class="center">Not Found</h2>
<p class="center">Sorry, but you are looking for something that isn't here.</p>
<?php include (TEMPLATEPATH . "/searchform.php"); ?>
<?php endif; ?>
</div>
</div>
<?php get_sidebar(); ?>
<?php get_footer(); ?>