UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549

Form 13F

Form 13F COVER PAGE


Report for the Calendar Year or Quarter Ended:  September 30, 2004

Check here if Amendment [     ] ;	Amendment Number:  
	This Amendment (Check only one.):[     ] is a restatement.
		                         [     ] adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:	   A.G. Edwards, Inc.
Address:   One North Jefferson
	   St. Louis, MO  63103

Form 13F File Number:	  28-4192

The institutional investment manager filing this report and the person by who 
it is signed hereby represent that the person signing the report is authorized 
to submit it, that all information contained herein is true, correct and 
complete, and that it is understood that all required items, statements, 
schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:

Name:	   Joseph G. Porter
	   Assistant Treasurer
	   314-955-3462

Signature, Place, and Date of Signing:

	   /s/ Joseph G. Porter	   St. Louis, MO	11/09/04
	       [Signature]         [City, State]        [Date]

Report Type (Check only one.):

[ X ]	13F HOLDINGS REPORT.  (Check here if all holdings of this reporting 
manager are reported in this report.)

[     ]	13F NOTICE.  (Check here if no holdings reported are in this report, 
and all holdings are reported by other reporting manager(s).)

[     ]	13F COMBINATION REPORT.  (Check here if a portion of the holdings 
for this reporting manager are reported in this report and a portion are 
reported by other reporting manager(s).)

List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]






Form 13F SUMMARY PAGE


Report Summary:

Number of Other Included Managers:	2

Form 13F Information Table Entry Total:	290

Form 13F Information Table Value Total:	$2,792,790 
	                                   (thousands)


List of Other Included Managers:

Provide a numbered list of the name(s) and Form 13F file number(s) of all 
institutional investment managers with respect to which this report is filed, 
other than the manager filing this report.

[If there are no entries in this list, state "NONE" and omit the column 
headings and list entries.]

	   No.	   Form 13F File Number	        Name
	   1	        28-3548                 A.G. Edwards & Sons, Inc.
	   2	        28-6731	                A.G. Edwards Trust Company FSB








                                                                                                                              
                                                             VALUE    SHARES/ SH/ PUT/ INVSTMT            -----VOTING AUTHORITY-----
  NAME OF ISSUER                 -TITLE OF CLASS- --CUSIP-- (x$1000)  PRN AMT PRN CALL DSCRETN -MANAGERS-     SOLE   SHARED     NONE
                                                                                               
D AFLAC INC                      COM              001055102      897    22879          DEFINED 01 02         22679        0      200
D ABBOTT LABORATORIES            COM              002824100     3243    76551          DEFINED 01 02         68331        0     8220
D ABERDEEN ASIA-PACIFIC INCOME   COM              003009107      113    18400          DEFINED 01                0        0    18400
D ADESA INC                      COM              00686U104    15702   955685          DEFINED 01 02        955685        0        0
D ADOBE SYSTEMS INC              COM              00724F101      226     4566          DEFINED 01 02          4566        0        0
D AFFILIATED COMPUTER SVCS INC   COM              008190100     1118    20081          DEFINED 01 02            99        0    19982
D AFFILIATED MANAGERS GROUP INC  COM              008252108     3682    68765          DEFINED 01 02         68765        0        0
D ALCOA INC                      COM              013817101     9947   296130          DEFINED 01 02        286565        0     9565
D ALLETE INC #                   COM              018522300     5152   158516          DEFINED 01 02        158516        0        0
D ALLIED CAPITAL CORP NEW        COM              01903Q108      219     8975          DEFINED 02             8975        0        0
D ALLSTATE CORP                  COM              020002101     1686    35127          DEFINED 01 02         34712        0      415
D ALTRIA GROUP INC               COM              02209S103     2149    45688          DEFINED 01 02         45488        0      200
D AMBASSADORS GROUP INC          COM              023177108     4099   151825          DEFINED 01           151825        0        0
D AMEREN CORP                    COM              023608102     1071    23214          DEFINED 01 02         23214        0        0
D * AMERICAN CAP STRATEGIES LTD  COM              024937104      406    12948          DEFINED 02            12948        0        0
D AMERICAN EXPRESS CO            COM              025816109    25140   488544          DEFINED 01 02        486781        0     1763
D AMERICAN INTL GROUP INC        COM              026874107     8522   125340          DEFINED 01 02        119192        0     6148
D * AMGEN                        COM              031162100      915    16102          DEFINED 01 02          2769        0    13333
D AMSOUTH BANCORPORATION         COM              032165102      399    16346          DEFINED 01 02         16346        0        0
D ANADARKO PETROLEUM CORP        COM              032511107      849    12792          DEFINED 01 02          7412        0     5380
D ANHEUSER-BUSCH COS INC         COM              035229103    31169   623998          DEFINED 01 02        614888        0     9110
D ANNALY MORTGAGE MANAGEMENT INC COM              035710409    16200   945713          DEFINED 01           945563        0      150
D APOLLO GROUP INC               COM              037604105      558     7600          DEFINED 01               12        0     7588
D APOLLO INVESTMENT CORP         COM              03761U106    12249   865660          DEFINED 01           865660        0        0
D AUTOMATIC DATA PROCESSING INC  COM              053015103     3561    86191          DEFINED 01 02         86091        0      100
D AVERY DENNISON CORP            COM              053611109    14183   215616          DEFINED 01 02        215616        0        0
D BP P.L.C. SPONSORED ADR        COM              055622104    21473   373252          DEFINED 01 02        370477        0     2775
D BAKER HUGHES INC               COM              057224107      337     7700          DEFINED 01 02          7700        0        0
D BALL CORP                      COM              058498106     1210    32330          DEFINED 01                0        0    32330
D BANK OF AMERICA CORP           COM              060505104     5050   116552          DEFINED 01 02        101130        0    15422
D BECTON DICKINSON CO            COM              075887109      525    10147          DEFINED 01 02          5123        0     5024
D * BED BATH & BEYOND INC        COM              075896100     1093    29463          DEFINED 01 02           600        0    28863
D BELLSOUTH CORPORATION          COM              079860102     1319    48649          DEFINED 01 02         48449        0      200
D BERKSHIRE HATHAWAY INC         COM              084670108      260        3          DEFINED 02                3        0        0
D BERKSHIRE HATHAWAY INC DEL     COM              084670207    29502    10276          DEFINED 01 02         10226        0       50
D * BIOMET INC                   COM              090613100     1006    21461          DEFINED 01              112        0    21349
D BLACK & DECKER CORP            COM              091797100      497     6416          DEFINED 01 02            77        0     6339
D H & R BLOCK INC                COM              093671105      538    10878          DEFINED 01 02         10498        0      380
D BOEING COMPANY                 COM              097023105      502     9724          DEFINED 01 02          8874        0      850
D BRISTOL-MYERS SQUIBB CO        COM              110122108    21399   904047          DEFINED 01 02        903247        0      800
D BROWN & BROWN INC              COM              115236101     3240    70895          DEFINED 01            70895        0        0
D BROWN SHOE CO INC NEW          COM              115736100      422    16824          DEFINED 01 02         16824        0        0
D BRUNSWICK CORP                 COM              117043109    12852   280853          DEFINED 01 02        277853        0     3000
D BURLINGTON NORTHERN SANTA FE   COM              12189T104      800    20892          DEFINED 01 02         20892        0        0
D BURLINGTON RESOURCES INC       COM              122014103      344     8432          DEFINED 01 02          3136        0     5296
D CPI CORP                       COM              125902106     1501   113275          DEFINED 01           113275        0        0
D CALIFORNIA PIZZA KITCHEN INC   COM              13054D109     5099   233376          DEFINED 01           233376        0        0
D CDN IMPERIAL BK COMMERCE       COM              136069101      214     4000          DEFINED 01 02          4000        0        0
D CANADIAN NATURAL RESOURCES LTD COM              136385101      335     8400          DEFINED 01 02          8400        0        0
D CAPITAL ONE FINANCIAL CORP     COM              14040H105    36075   488159          DEFINED 01 02        487099        0     1060
D CARNIVAL CORP                  COM              143658300      435     9199          DEFINED 01 02          2939        0     6260
D CATERPILLAR INC                COM              149123101     4435    55128          DEFINED 01 02         50291        0     4837
D CHARLES RIVER LABS INTL INC    COM              159864107     9252   202004          DEFINED 02           202004        0        0
D CHEVRONTEXACO CORP             COM              166764100    39869   743265          DEFINED 01 02        733877        0     9388
D CHOICE HOTELS INTL INC NEW     COM              169905106     1990    34551          DEFINED 01            34551        0        0
D * CHIRON CORP                  COM              170040109      300     6786          DEFINED 01                1        0     6785
D * CINCINNATI FINANCIAL CORP    COM              172062101      261     6322          DEFINED 01 02          6322        0        0
D CINERGY CORP                   COM              172474108      587    14815          DEFINED 01 02          9885        0     4930
D * CISCO SYSTEMS INC            COM              17275R102     1058    58427          DEFINED 01 02         41297        0    17130
D CITIGROUP INC                  COM              172967101     2293    51973          DEFINED 01 02         39948        0    12025
D CLEAR CHANNEL COMMUNICATIONS   COM              184502102    40855  1310711          DEFINED 01 02       1310611        0      100
D CLOROX CO                      COM              189054109      240     4501          DEFINED 01 02          4501        0        0
D COCA-COLA CO                   COM              191216100     4366   109011          DEFINED 01 02        108972        0       39
D COLGATE-PALMOLIVE CO           COM              194162103     1518    33597          DEFINED 01 02         33597        0        0
D * COMCAST CORP NEW CL A        COM              20030N101      415    14705          DEFINED 01 02         14190        0      515
D * COMCAST CORP NEW CL A SPL    COM              20030N200    27427   982347          DEFINED 01 02        978362        0     3985
D CONAGRA FOODS INC              COM              205887102    18170   706745          DEFINED 01 02        705595        0     1150
D CONOCOPHILLIPS                 COM              20825C104     3089    37290          DEFINED 01 02         34449        0     2841
D CONSOLIDATED EDISON INC        COM              209115104      260     6182          DEFINED 01 02          6182        0        0
D CORNING INC                    COM              219350105      201    18103          DEFINED 01 02          9603        0     8500
D * COSTCO WHSL CORP NEW         COM              22160K105      233     5622          DEFINED 01 02          1142        0     4480
D COUNTRYWIDE FINANCIAL CORP     COM              222372104      364     9234          DEFINED 01                0        0     9234
D * CROSSTEX ENERGY L.P.         COM              22765U102      337    10651          DEFINED 01 02         10651        0        0
D DNP SELECT INCOME FUND INC     COM              23325P104      280    24890          DEFINED 01                1        0    24889
D DARDEN RESTAURANTS INC         COM              237194105    18074   775062          DEFINED 01 02        774117        0      945
D DEAN FOODS COMPANY NEW         COM              242370104      373    12411          DEFINED 01 02         12411        0        0
D DEERE & CO                     COM              244199105      365     5660          DEFINED 01 02          3133        0     2527
D * DELL INC                     COM              24702R101      315     8858          DEFINED 01 02          4348        0     4510
D DELTA & PINE LAND CO           COM              247357106     3178   118797          DEFINED 01           118797        0        0
D DENTSPLY INTERNATIONAL INC NEW COM              249030107     1816    34971          DEFINED 01 02         15990        0    18981
D DIAGEO PLC NEW                 COM              25243Q205    47546   942815          DEFINED 01 02        942815        0        0
D WALT DISNEY CO                 COM              254687106      740    32822          DEFINED 01 02         23646        0     9176
D DOMINION RES INC NEW (VA)      COM              25746U109      279     4281          DEFINED 01 02          3689        0      592
D DONALDSON CO INC               COM              257651109     1033    36393          DEFINED 01                0        0    36393
D DOVER CORPORATION              COM              260003108      241     6205          DEFINED 01 02          6205        0        0
D DOW CHEMICAL COMPANY           COM              260543103    35613   788238          DEFINED 01 02        786743        0     1495
D E.I. DU PONT DE NEMOURS&CO     COM              263534109      290     6765          DEFINED 01 02          6765        0        0
D EMC CORPORATION (MA)           COM              268648102      241    20901          DEFINED 01 02          7001        0    13900
D EATON CORP                     COM              278058102      219     3456          DEFINED 01 02          3456        0        0
D EBAY INC                       COM              278642103      254     2759          DEFINED 01                0        0     2759
D A.G. EDWARDS, INC              COM              281760108     2741    79171          DEFINED 01 02         79171        0        0
D EMERSON ELECTRIC CO            COM              291011104    25403   410450          DEFINED 01 02        407850        0     2600
D ENERGIZER HOLDINGS INC         COM              29266R108     5678   123158          DEFINED 02             1588        0   121570
D ENERPLUS RESOURCE FUND #       COM              29274D604    18044   554851          DEFINED 01           554851        0        0
D ENTERCOM COMMUNICATIONS CORP   COM              293639100     9116   279129          DEFINED 01 02        279129        0        0
D ENTERGY CORP NEW               COM              29364G103      354     5836          DEFINED 01 02          5836        0        0
D ETHAN ALLEN INTERIORS INC      COM              297602104     3053    87849          DEFINED 01 02         87849        0        0
D * EXPEDITORS INTL WASHINGTON   COM              302130109     8993   173952          DEFINED 01 02        146464        0    27488
D EXXON MOBIL CORP               COM              30231G102    49490  1023995          DEFINED 01 02       1020807        0     3188
D FPL GROUP INC                  COM              302571104      573     8385          DEFINED 01 02          7885        0      500
D FACTSET RESEARCH SYSTEMS INC   COM              303075105     1026    21295          DEFINED 01                0        0    21295
D FREDDIE MAC                    COM              313400301      685    10495          DEFINED 01 02          8605        0     1890
D FANNIE MAE                     COM              313586109     4187    66038          DEFINED 01 02         61993        0     4045
D * FIFTH THIRD BANCORP          COM              316773100     1829    37168          DEFINED 01 02         34668        0     2500
D FINANCIAL FEDERAL CORP         COM              317492106    11702   312217          DEFINED 01 02        312217        0        0
D FIRST DATA CORP                COM              319963104    36806   846124          DEFINED 01 02        837395        0     8729
D * FISERV INC                   COM              337738108     1068    30630          DEFINED 01 02           170        0    30460
D FORD MOTOR CO (NEW)            COM              345370860      790    56251          DEFINED 01 02         56251        0        0
D FORTUNE BRANDS INC             COM              349631101      690     9309          DEFINED 01 02          5220        0     4089
D * FORWARD AIR CORP             COM              349853101     3584    89563          DEFINED 01            89563        0        0
D * FROZEN FOOD EXPRESS INDS INC COM              359360104      156    20496          DEFINED 01            20496        0        0
D GABELLI GLOBAL MULTIMEDIA TR   COM              36239Q109     5986   670273          DEFINED 01           670273        0        0
D GANNETT CO INC                 COM              364730101      673     8035          DEFINED 01 02          7957        0       78
D GENERAL ELECTRIC CO            COM              369604103    25510   759664          DEFINED 01 02        736980        0    22684
D GENERAL MILLS INC              COM              370334104      899    20015          DEFINED 01 02         19340        0      675
D * GENTEX CORP                  COM              371901109      262     7456          DEFINED 01                1        0     7455
D GILLETTE CO                    COM              375766102     2403    57582          DEFINED 01 02         57582        0        0
D GLADSTONE CAPITAL CORP         COM              376535100    13068   575440          DEFINED 01           575440        0        0
D GLADSTONE COMMERCIAL CORP      COM              376536108     5145   317374          DEFINED 01           317374        0        0
D GLAXOSMITHKLINE PLC            COM              37733W105      303     6919          DEFINED 01 02          6919        0        0
D GRACO INC                      COM              384109104      327     9757          DEFINED 01                0        0     9757
D HARLEY DAVIDSON INC            COM              412822108    12129   204057          DEFINED 01 02        195391        0     8666
D HARMAN INTL INDUSTRIES INC NEW COM              413086109     1511    14019          DEFINED 01                0        0    14019
D HARSCO CORP                    COM              415864107     3542    78882          DEFINED 01 02         78882        0        0
D HEARST-ARGYLE TELEVISION INC   COM              422317107      672    27493          DEFINED 01 02         27493        0        0
D HEARTLAND EXPRESS INC          COM              422347104     8433   457087          DEFINED 01 02        457087        0        0
D H.J. HEINZ CO                  COM              423074103      223     6182          DEFINED 01 02          6182        0        0
D HERSHEY FOODS CORP             COM              427866108    17805   381183          DEFINED 01 02        381183        0        0
D HEWLETT-PACKARD CO             COM              428236103      291    15508          DEFINED 01 02         15005        0      503
D HILTON HOTELS CORP             COM              432848109    28317  1503042          DEFINED 01 02       1503042        0        0
D HOME DEPOT INC                 COM              437076102     8859   225997          DEFINED 01 02        214190        0    11807
D HONEYWELL INTERNATIONAL INC    COM              438516106      631    17607          DEFINED 01 02          8042        0     9565
D HUBBELL INC CLASS B            COM              443510201      344     7677          DEFINED 01 02          7677        0        0
D IMS HEALTH INC                 COM              449934108      267    11147          DEFINED 01 02         11147        0        0
D ISTAR FINANCIAL INC            COM              45031U101    17831   432474          DEFINED 01           432474        0        0
D ILL TOOL WORKS INC             COM              452308109    17144   184013          DEFINED 01 02        183617        0      396
D IMPERIAL OIL LTD NEW           COM              453038408      776    15000          DEFINED 01 02         15000        0        0
D * INTEL CORP                   COM              458140100     1149    57266          DEFINED 01 02         41857        0    15409
D INTL BUSINESS MACHINES CORP    COM              459200101     2920    34060          DEFINED 01 02         30642        0     3418
D * INTERNATIONAL SPEEDWAY CORP  COM              460335201     3678    73706          DEFINED 01 02         73706        0        0
D IRON MOUNTAIN INC (PA) NEW     COM              462846106     7935   234412          DEFINED 01 02        234412        0        0
D ISHARES INC                    COM              464287234    38785   224843          DEFINED 01           223858        0      985
D ISHARES TRUST                  COM              464287242    37634   336739          DEFINED 01           336739        0        0
D ISHARES TRUST                  COM              464287309    19899   369450          DEFINED 01           369450        0        0
D ISHARES TRUST                  COM              464287408    16982   295024          DEFINED 01           295024        0        0
D ISHARES TRUST                  COM              464287457    38326   467162          DEFINED 01           467162        0        0
D ISHARES TRUST                  COM              464287465   173015  1223589          DEFINED 01          1218832        0     4757
D ISHARES TRUST                  COM              464287549     1331    32497          DEFINED 01            32497        0        0
D ISHARES TRUST                  COM              464287556      354     5067          DEFINED 01             5067        0        0
D ISHARES TRUST DOW JONES        COM              464287580     9054   166900          DEFINED 01           166900        0        0
D ISHARES INC                    COM              464287606   182240  1517657          DEFINED 01          1514930        0     2727
D ISHARES TRUST DOW JONES        COM              464287697    23756   384035          DEFINED 01           380767        0     3268
D ISHARES INC                    COM              464287705   153412  1330896          DEFINED 01          1328361        0     2535
D ISHARES TRUST-DOW JONES U.S.   COM              464287713     7409   327541          DEFINED 01           327541        0        0
D ISHARES TRUST DOW JONES U S    COM              464287754      793    15399          DEFINED 01            15399        0        0
D ISHARES TRUST DOW JONES U S    COM              464287762    61704  1106989          DEFINED 01          1106989        0        0
D ISHARES TRUST                  COM              464287788     1363    15098          DEFINED 01            15098        0        0
D ISHARES TRUST DOW JONES        COM              464287796      847    13575          DEFINED 01            13575        0        0
D ISHARES TRUST DOW JONES U S    COM              464287812    32823   682114          DEFINED 01           681059        0     1055
D ISHARES INC                    COM              464287879    23612   215896          DEFINED 01           215511        0      385
D ISHARES INC                    COM              464287887    28186   298673          DEFINED 01           298213        0      460
D JPMORGAN CHASE & CO            COM              46625H100     1469    36972          DEFINED 01 02         36223        0      749
D JEFFERSON PILOT CORP           COM              475070108      303     6096          DEFINED 01 02          6096        0        0
D JOHNSON & JOHNSON              COM              478160104    51104   907220          DEFINED 01 02        899415        0     7805
D KELLOGG CO                     COM              487836108      332     7774          DEFINED 01 02          7774        0        0
D KERR-MCGEE CORP (HOLDING CO)   COM              492386107      377     6584          DEFINED 01 02          3362        0     3222
D KEYCORP NEW                    COM              493267108      212     6699          DEFINED 01 02          6699        0        0
D KIMBERLY CLARK CORP            COM              494368103     1311    20298          DEFINED 01 02         15708        0     4590
D LEGGETT AND PLATT              COM              524660107      339    12055          DEFINED 01 02         12055        0        0
D LIBERTY MEDIA CORP NEW         COM              530718105    17371  1992104          DEFINED 01 02       1989879        0     2225
D LIFELINE SYSTEMS INC           COM              532192101     3435   140675          DEFINED 01           140675        0        0
D ELI LILLY AND CO               COM              532457108      677    11271          DEFINED 01 02          7684        0     3587
D LINCARE HOLDINGS INC           COM              532791100      882    29672          DEFINED 01                0        0    29672
D LOWE'S COMPANIES INC           COM              548661107     1744    32089          DEFINED 01 02         19121        0    12969
D LUCENT TECHNOLOGIES INC        COM              549463107       95    29923          DEFINED 01 02         28648        0     1275
D MBNA CORP                      COM              55262L100     1109    43992          DEFINED 01 02          2777        0    41215
D MARKEL CORP (HOLDING COMPANY)  COM              570535104    19973    64764          DEFINED 01 02         64764        0        0
D MAY DEPARTMENT STORES CO       COM              577778103      496    19356          DEFINED 01 02         19356        0        0
D MCDONALD'S CORP                COM              580135101     1144    40817          DEFINED 01 02         34366        0     6451
D * MEADE INSTRUMENTS CORP       COM              583062104       72    23293          DEFINED 01            23293        0        0
D MEDTRONIC INC                  COM              585055106     5287   101877          DEFINED 01 02         97292        0     4585
D MERCK & COMPANY INC            COM              589331107    34598  1048430          DEFINED 01 02       1047770        0      660
D MERCURY GENERAL CORP NEW       COM              589400100     3205    60596          DEFINED 01            60596        0        0
D * MICROSOFT CORP               COM              594918104    24379   881711          DEFINED 01 02        862126        0    19585
D MOHAWK INDUSTRIES INC          COM              608190104      357     4500          DEFINED 02             4500        0        0
D MORGAN STANLEY NEW             COM              617446448      532    10789          DEFINED 01 02          3129        0     7660
D MOTOROLA INC                   COM              620076109      272    15052          DEFINED 01 02         11677        0     3375
D NN INC                         COM              629337106     5131   448126          DEFINED 01           448126        0        0
D NATIONAL CITY CORP             COM              635405103      209     5409          DEFINED 01 02          5409        0        0
D NATUZZI S P A ADR              COM              63905A101    11112  1028895          DEFINED 01 02       1028895        0        0
D NEW YORK TIMES CL A            COM              650111107    15582   398527          DEFINED 01 02        398527        0        0
D NICOR INC                      COM              654086107    13861   377694          DEFINED 01 02        377694        0        0
D NOKIA CORP                     COM              654902204      339    24689          DEFINED 01 02         10499        0    14190
D NORFOLK SOUTHERN CORP          COM              655844108      842    28305          DEFINED 01 02         26685        0     1620
D NORTH FORK BANCORPORATION (NY) COM              659424105    21356   480448          DEFINED 01 02        479873        0      575
D * NORTHERN TRUST CORP          COM              665859104      235     5769          DEFINED 01 02          5769        0        0
D NUVEEN PREFERRED & CONV INCOME COM              67073D102      161    11445          DEFINED 01            10522        0      923
D * ORACLE CORP                  COM              68389X105      302    26760          DEFINED 01 02          6801        0    19959
D * O'REILLY AUTOMOTIVE INC      COM              686091109      947    24741          DEFINED 01              101        0    24640
D PEPSICO INC                    COM              713448108    32106   659938          DEFINED 01 02        656584        0     3354
D PFIZER INC                     COM              717081103    18312   598419          DEFINED 01 02        547578        0    50841
D PLANTRONICS INC NEW            COM              727493108     6635   153438          DEFINED 01 02        153438        0        0
D PLUM CREEK TIMBER CO INC       COM              729251108     7835   223671          DEFINED 01           223671        0        0
D PROCTER & GAMBLE CO            COM              742718109    12578   232403          DEFINED 01 02        230662        0     1741
D PROGRESS ENERGY INC            COM              743263105      291     6884          DEFINED 01 02          6884        0        0
D PULITZER INC                   COM              745769109      943    19090          DEFINED 01 02         19090        0        0
D PULTE HOMES INC                COM              745867101     1346    21926          DEFINED 01 02           402        0    21524
D RALCORP HOLDINGS INC NEW       COM              751028101      953    26386          DEFINED 02              206        0    26180
D RAYONIER INC                   COM              754907103    19451   429950          DEFINED 01           429950        0        0
D RAYTHEON CO NEW                COM              755111507      811    21358          DEFINED 01 02         21358        0        0
D REGIONS FINANCIAL CORP NEW     COM              7591EP100      302     9150          DEFINED 01 02          8550        0      600
D RENAL CARE GROUP INC           COM              759930100      352    10928          DEFINED 01                0        0    10928
D RESMED INC                     COM              761152107      878    18445          DEFINED 01                0        0    18445
D ROCKWELL AUTOMATION INC        COM              773903109      994    25673          DEFINED 01 02         25673        0        0
D ROCKWELL COLLINS INC           COM              774341101      954    25674          DEFINED 01 02         25374        0      300
D ROYAL DUTCH PETROLEUM CO #     COM              780257804     2355    45643          DEFINED 01 02         44643        0     1000
D RUBY TUESDAY INC               COM              781182100      984    35290          DEFINED 01                0        0    35290
D SBC COMMUNICATIONS INC         COM              78387G103     2857   110112          DEFINED 01 02        104146        0     5966
D SLM CORP                       COM              78442P106      444     9946          DEFINED 01                0        0     9946
D SARA LEE CORP                  COM              803111103     1088    47607          DEFINED 01 02         46795        0      812
D SCANA CORP NEW                 COM              80589M102      211     5651          DEFINED 01 02          5651        0        0
D SCHERING-PLOUGH CORP           COM              806605101      809    42440          DEFINED 01 02         33150        0     9290
D SCHLUMBERGER LTD               COM              806857108      257     3823          DEFINED 01 02          3703        0      120
D A. SCHULMAN INC                COM              808194104    15245   691718          DEFINED 01           691718        0        0
D SCOTTS COMPANY                 COM              810186106     3960    61733          DEFINED 01 02         61733        0        0
D E W SCRIPPS CO NEW CL A        COM              811054204     5863   122699          DEFINED 01 02        121299        0     1400
D SELECT SECTOR SPDR TRUST       COM              81369Y100      285    10353          DEFINED 01             9728        0      625
D SELECT SECTOR SPDR TRUST       COM              81369Y209     1128    39176          DEFINED 01 02         39176        0        0
D SECTOR SPDR TRUST              COM              81369Y308    17280   797783          DEFINED 01           797783        0        0
D SELECT SECTOR SPDR TRUST       COM              81369Y407    25342   812232          DEFINED 01           812232        0        0
D SECTOR SPDR TRUST (ENERGY)     COM              81369Y506    29473   843760          DEFINED 01 02        843760        0        0
D SECTOR SPDR TRUST (FINANCIAL)  COM              81369Y605    73932  2597740          DEFINED 01 02       2597740        0        0
D SECTOR SPDR TRUST (INDUSTRIAL) COM              81369Y704    41088  1447782          DEFINED 01 02       1447782        0        0
D SECTOR SPDR TRUST (TECHNOLOGY) COM              81369Y803    50094  2619988          DEFINED 01 02       2619833        0      155
D SECTOR SPDR TRUST (UTILITIES)  COM              81369Y886      208     8296          DEFINED 01                1        0     8295
D * SIGMA ALDRICH CORP           COM              826552101    15117   260641          DEFINED 01 02        260641        0        0
D SKY FINANCIAL GROUP INC        COM              83080P103     2628   105102          DEFINED 01 02        105102        0        0
D SMITH & WOLLENSKY RESTAURANT   COM              831758107     2480   442826          DEFINED 01           442826        0        0
D SNAP-ON INC                    COM              833034101     8749   317462          DEFINED 01 02        317462        0        0
D * SONIC CORP                   COM              835451105     3611   140877          DEFINED 01           140877        0        0
D SOUTHERN COMPANY               COM              842587107    19572   652833          DEFINED 01 02        652833        0        0
D SOUTHWEST AIRLINES CO          COM              844741108      143    10495          DEFINED 01 02          2136        0     8359
D SPRINT CORP FON                COM              852061100      305    15163          DEFINED 01 02         12263        0     2900
D STAR GAS PARTNERS L.P.         COM              85512C105      219     9997          DEFINED 01 02          9997        0        0
D STATE STREET CORP              COM              857477103      646    15120          DEFINED 01 02          8445        0     6675
D STREETTRACKS SERIES TRUST      COM              86330E604    35406   215027          DEFINED 01           215027        0        0
D STRYKER CORP                   COM              863667101      373     7757          DEFINED 01 02           401        0     7356
D * SUN MICROSYSTEMS INC         COM              866810104       51    12554          DEFINED 01 02         12554        0        0
D SYSCO CORPORATION              COM              871829107     4685   156571          DEFINED 01 02        155014        0     1557
D TCF FINANCIAL CORP             COM              872275102    33337  1100597          DEFINED 01 02       1100597        0        0
D TARGET CORP                    COM              87612E106    10054   222190          DEFINED 01 02        221531        0      659
D TEXAS INSTRUMENTS INC          COM              882508104      421    19787          DEFINED 01 02          9332        0    10455
D 3M COMPANY                     COM              88579Y101     4711    58912          DEFINED 01 02         55076        0     3836
D TIME WARNER INC                COM              887317105      207    12810          DEFINED 01 02          8190        0     4620
D TRANSCANADA CORP               COM              89353D107      240    11001          DEFINED 01 02         11001        0        0
D TRIBUNE CO NEW                 COM              896047107     4055    98546          DEFINED 01 02         98546        0        0
D TYCO INTERNATIONAL LTD NEW     COM              902124106      414    13505          DEFINED 01 02         12605        0      900
D US BANCORP NEW                 COM              902973304     1218    42156          DEFINED 01 02         35089        0     7067
D UNION PACIFIC CORP             COM              907818108      939    16033          DEFINED 01 02         15875        0      158
D * UNITED FIRE & CASUALTY CO    COM              910331107      280     4889          DEFINED 01             4889        0        0
D UNITED TECHNOLOGIES CORP       COM              913017109     2225    23824          DEFINED 01 02         19916        0     3908
D VARIAN MEDICAL SYSTEMS INC     COM              92220P105     8251   238682          DEFINED 01 02        238682        0        0
D VECTREN CORP                   COM              92240G101    14123   560882          DEFINED 01 02        560882        0        0
D VERIZON COMMUNICATIONS         COM              92343V104     2016    51187          DEFINED 01 02         44363        0     6824
D **VIACOM INC CL B**            COM              925524308      322     9604          DEFINED 01 02          2569        0     7035
D W.P. CAREY & CO LLC            COM              92930Y107      224     7507          DEFINED 01 02          7287        0      220
D WPS RESOURCES CORP             COM              92931B106      466    10355          DEFINED 01 02         10355        0        0
D WACHOVIA CORP (2ND NEW)        COM              929903102      932    19852          DEFINED 01 02         14997        0     4855
D WAL-MART STORES INC            COM              931142103    30192   567517          DEFINED 01 02        560116        0     7401
D WALGREEN COMPANY               COM              931422109     5260   146806          DEFINED 01 02        101346        0    45460
D WASHINGTON MUTUAL INC          COM              939322103      400    10237          DEFINED 01 02          5562        0     4675
D WASHINGTON POST CO CL B        COM              939640108      299      325          DEFINED 02              325        0        0
D WEIGHT WATCHERS INTL INC NEW   COM              948626106     3760    96850          DEFINED 02            96850        0        0
D WELLPOINT HEALTH NETWORKS NEW  COM              94973H108      223     2125          DEFINED 01                0        0     2125
D WELLS FARGO & CO NEW           COM              949746101    38192   640487          DEFINED 01 02        636292        0     4195
D WESTWOOD ONE INC               COM              961815107     1417    71652          DEFINED 01 02         71652        0        0
D JOHN WILEY & SONS INC          COM              968223206     3128    97905          DEFINED 01            97905        0        0
D WM. WRIGLEY JR CO              COM              982526105      273     4319          DEFINED 01 02           788        0     3531
D WYETH                          COM              983024100     1784    47690          DEFINED 01 02         47690        0        0
D XCEL ENERGY INC                COM              98389B100      186    10763          DEFINED 01 02          9363        0     1400
D XEROX CORPORATION              COM              984121103      266    18894          DEFINED 01 02         14394        0     4500
D ZEBRA TECHNOLOGIES CORP        COM              989207105    13358   218949          DEFINED 01 02        218949        0        0
D ZIMMER HOLDINGS INC            COM              98956P102      899    11380          DEFINED 01 02          8072        0     3308
D COOPER INDUSTRIES LTD          COM              G24182100      470     7975          DEFINED 01 02          3111        0     4864
D INGERSOLL-RAND COMPANY LIMITED COM              G4776G101    22535   331544          DEFINED 01 02        331544        0        0
D MONTPELIER RE HOLDINGS LTD     COM              G62185106    17489   476811          DEFINED 01           476811        0        0
D NABORS INDUSTRIES LTD          COM              G6359F103      240     5070          DEFINED 01 02            70        0     5000
D W.P. STEWART & CO LTD          COM              G84922106    18606   930773          DEFINED 01 02        930773        0        0
D WHITE MTNS INS GROUP LTD       COM              G9618E107    17614    33487          DEFINED 01 02         33487        0        0
D WILLIS GROUP HOLDINGS LTD      COM              G96655108    14597   390293          DEFINED 01           390293        0        0
S REPORT SUMMARY                290 DATA RECORDS             2792790            2 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED