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

Form 13F

Form 13F COVER PAGE


Report for the Calendar Year or Quarter Ended:  December 31, 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	02/11/05
	       [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:	308

Form 13F Information Table Value Total:	$3,326,065 
	                                   (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      958    24048          DEFINED 01 02         23848        0      200
D ABBOTT LABORATORIES            COM              002824100     3594    77050          DEFINED 01 02         68570        0     8480
D ABERDEEN ASIA-PACIFIC INCOME   COM              003009107       82    12701          DEFINED 01                1        0    12700
D ADESA INC                      COM              00686U104    26353  1241890          DEFINED 01 02       1241890        0        0
D AFFILIATED COMPUTER SVCS INC   COM              008190100     1200    19941          DEFINED 01 02            99        0    19842
D AFFILIATED MANAGERS GROUP INC  COM              008252108     4852    71627          DEFINED 02            71627        0        0
D ALCOA INC                      COM              013817101     7909   251703          DEFINED 01 02        241913        0     9790
D ALLETE INC #                   COM              018522300     2922    79498          DEFINED 01 02         79498        0        0
D ALLIED CAPITAL CORP NEW        COM              01903Q108      245     9481          DEFINED 01 02          9481        0        0
D ALLSTATE CORP                  COM              020002101     2231    43128          DEFINED 01 02         42713        0      415
D ALTRIA GROUP INC               COM              02209S103     1210    19798          DEFINED 01 02         19673        0      125
D AMBASSADORS GROUP INC          COM              023177108     4750   133401          DEFINED 01           133401        0        0
D AMEREN CORP                    COM              023608102     1244    24803          DEFINED 01 02         24788        0       15
D * AMERICAN CAP STRATEGIES LTD  COM              024937104      442    13240          DEFINED 01 02         13240        0        0
D AMERICAN EXPRESS CO            COM              025816109    27016   479254          DEFINED 01 02        477476        0     1778
D AMERICAN INTL GROUP INC        COM              026874107     8433   128408          DEFINED 01 02        121395        0     7013
D * AMGEN                        COM              031162100     1131    17635          DEFINED 01 02          2612        0    15023
D AMSOUTH BANCORPORATION         COM              032165102      403    15542          DEFINED 01 02         15542        0        0
D ANADARKO PETROLEUM CORP        COM              032511107      768    11850          DEFINED 01 02          6900        0     4950
D ANHEUSER-BUSCH COS INC         COM              035229103    30864   608400          DEFINED 01 02        599230        0     9170
D ANNALY MORTGAGE MANAGEMENT INC COM              035710409    21345  1087942          DEFINED 01          1087792        0      150
D APACHE CORP                    COM              037411105      223     4413          DEFINED 01 02           544        0     3869
D APOLLO GROUP INC               COM              037604105      612     7588          DEFINED 01                0        0     7588
D APOLLO INVESTMENT CORP         COM              03761U106    16168  1070741          DEFINED 01          1070741        0        0
D AUTOMATIC DATA PROCESSING INC  COM              053015103     3414    76980          DEFINED 01 02         76880        0      100
D AVERY DENNISON CORP            COM              053611109    15307   255244          DEFINED 01 02        255244        0        0
D BP P.L.C. SPONSORED ADR        COM              055622104    22338   382494          DEFINED 01 02        380069        0     2425
D BAKER HUGHES INC               COM              057224107      349     8178          DEFINED 01 02          8178        0        0
D BALL CORP                      COM              058498106     1413    32131          DEFINED 01                1        0    32130
D BANK OF AMERICA CORP           COM              060505104     6034   128407          DEFINED 01 02        114083        0    14324
D BANK OF NEW YORK CO            COM              064057102      290     8687          DEFINED 01 02          8687        0        0
D BECTON DICKINSON CO            COM              075887109      589    10361          DEFINED 01 02          5477        0     4884
D * BED BATH & BEYOND INC        COM              075896100     1212    30429          DEFINED 01 02          1362        0    29067
D BELLSOUTH CORPORATION          COM              079860102     1097    39483          DEFINED 01 02         39343        0      140
D BERKSHIRE HATHAWAY INC         COM              084670108      264        3          DEFINED 02                3        0        0
D BERKSHIRE HATHAWAY INC DEL     COM              084670207    30984    10553          DEFINED 01 02         10503        0       50
D * BIOMET INC                   COM              090613100      931    21449          DEFINED 01              100        0    21349
D BLACK & DECKER CORP            COM              091797100      553     6265          DEFINED 01                1        0     6264
D H & R BLOCK INC                COM              093671105      388     7927          DEFINED 01 02          7927        0        0
D BOEING COMPANY                 COM              097023105      557    10756          DEFINED 01 02          9891        0      865
D BRIGGS & STRATTON CORP         COM              109043109      214     5144          DEFINED 01 02          5144        0        0
D BRISTOL-MYERS SQUIBB CO        COM              110122108      856    33430          DEFINED 01 02         32630        0      800
D BROWN & BROWN INC              COM              115236101     2927    67217          DEFINED 01            67217        0        0
D BROWN SHOE CO INC NEW          COM              115736100      502    16820          DEFINED 01 02         16820        0        0
D BRUNSWICK CORP                 COM              117043109      983    19853          DEFINED 01 02         17453        0     2400
D BURLINGTON NORTHERN SANTA FE   COM              12189T104     1074    22694          DEFINED 01 02         22009        0      685
D BURLINGTON RESOURCES INC       COM              122014103      427     9827          DEFINED 01 02          4531        0     5296
D CPI CORP                       COM              125902106     1511   111165          DEFINED 01           111165        0        0
D CADBURY SCHWEPPES PLC ADR #    COM              127209302    16652   441686          DEFINED 01 02        441686        0        0
D CALIFORNIA PIZZA KITCHEN INC   COM              13054D109     5287   229851          DEFINED 01           229851        0        0
D CDN IMPERIAL BK COMMERCE       COM              136069101      241     4001          DEFINED 01 02          4001        0        0
D CANADIAN NATURAL RESOURCES LTD COM              136385101      359     8401          DEFINED 01 02          8401        0        0
D CAPITAL ONE FINANCIAL CORP     COM              14040H105    41671   494847          DEFINED 01 02        493762        0     1085
D CARNIVAL CORP                  COM              143658300      541     9383          DEFINED 01 02          3108        0     6275
D CATERPILLAR INC                COM              149123101     4835    49582          DEFINED 01 02         45275        0     4307
D CEMEX S.A. DE C.V. NEW         COM              151290889      338     9286          DEFINED 01             9286        0        0
D CHARLES RIVER LABS INTL INC    COM              159864107    11361   246918          DEFINED 02           246918        0        0
D CHEVRONTEXACO CORP             COM              166764100    52290   995809          DEFINED 01 02        986741        0     9068
D CHOICE HOTELS INTL INC NEW     COM              169905106     1386    23892          DEFINED 01            23892        0        0
D * CINCINNATI FINANCIAL CORP    COM              172062101      295     6671          DEFINED 01 02          6671        0        0
D CINERGY CORP                   COM              172474108      661    15871          DEFINED 01 02         10706        0     5165
D * CISCO SYSTEMS INC            COM              17275R102     1680    86974          DEFINED 01 02         71669        0    15305
D CITIGROUP INC                  COM              172967101     3914    81234          DEFINED 01 02         47860        0    33374
D CLEAR CHANNEL COMMUNICATIONS   COM              184502102    45792  1367319          DEFINED 01 02       1367319        0        0
D CLOROX CO                      COM              189054109      270     4588          DEFINED 01 02          4588        0        0
D COCA-COLA CO                   COM              191216100     3813    91579          DEFINED 01 02         91579        0        0
D COLGATE-PALMOLIVE CO           COM              194162103     1845    36065          DEFINED 01 02         35270        0      795
D COMCAST CORP NEW CL A          COM              20030N101      502    15086          DEFINED 01 02         14571        0      515
D * COMCAST CORP NEW CL A SPL    COM              20030N200    33729  1027070          DEFINED 01 02       1023210        0     3860
D CONAGRA FOODS INC              COM              205887102    21541   731428          DEFINED 01 02        730278        0     1150
D CONOCOPHILLIPS                 COM              20825C104     3870    44569          DEFINED 01 02         39917        0     4652
D CONSOLIDATED EDISON INC        COM              209115104      229     5233          DEFINED 01 02          5233        0        0
D CORNING INC                    COM              219350105      177    15004          DEFINED 01 02          9604        0     5400
D * COSTCO WHSL CORP NEW         COM              22160K105      240     4964          DEFINED 01 02          1814        0     3150
D COUNTRYWIDE FINANCIAL CORP     COM              222372104      338     9134          DEFINED 01                0        0     9134
D * CROSSTEX ENERGY L.P.         COM              22765U102      351    10651          DEFINED 01 02         10651        0        0
D DNP SELECT INCOME FUND INC     COM              23325P104      297    24890          DEFINED 01                1        0    24889
D DTE ENERGY CO                  COM              233331107      219     5081          DEFINED 01 02          5081        0        0
D DARDEN RESTAURANTS INC         COM              237194105    21352   769737          DEFINED 01 02        768792        0      945
D DEAN FOODS COMPANY NEW         COM              242370104      377    11428          DEFINED 01 02         11428        0        0
D DEERE & CO                     COM              244199105      208     2792          DEFINED 01 02          2298        0      494
D * DELL INC                     COM              24702R101      550    13060          DEFINED 01 02          4721        0     8339
D DELTA & PINE LAND CO           COM              247357106     3198   117237          DEFINED 01           117237        0        0
D DENTSPLY INTERNATIONAL INC NEW COM              249030107     1965    34971          DEFINED 01 02         15990        0    18981
D DIAGEO PLC NEW                 COM              25243Q205    59270  1024020          DEFINED 01 02       1024020        0        0
D WALT DISNEY CO                 COM              254687106      904    32530          DEFINED 01 02         23277        0     9253
D DOMINION RES INC NEW (VA)      COM              25746U109      335     4941          DEFINED 01 02          4349        0      592
D DONALDSON CO INC               COM              257651109     1186    36393          DEFINED 01                0        0    36393
D DOVER CORPORATION              COM              260003108      243     5804          DEFINED 01 02          5804        0        0
D DOW CHEMICAL COMPANY           COM              260543103    31855   643397          DEFINED 01 02        641892        0     1505
D E.I. DU PONT DE NEMOURS&CO     COM              263534109      608    12401          DEFINED 01 02         12401        0        0
D EMC CORPORATION (MA)           COM              268648102      247    16605          DEFINED 01 02          1420        0    15185
D EATON CORP                     COM              278058102      307     4249          DEFINED 01 02          4249        0        0
D EBAY INC                       COM              278642103      329     2826          DEFINED 01 02            67        0     2759
D A.G. EDWARDS, INC              COM              281760108     3382    78268          DEFINED 01 02         78268        0        0
D EMERSON ELECTRIC CO            COM              291011104    27997   399394          DEFINED 01 02        397344        0     2050
D ENERGIZER HOLDINGS INC         COM              29266R108     6112   123000          DEFINED 02             1430        0   121570
D ENERGY TRANSFER PARTNERS L.P.  COM              29273R109      278     4700          DEFINED 01 02          3700        0     1000
D ENERPLUS RESOURCE FUND #       COM              29274D604    19580   539256          DEFINED 01           539256        0        0
D ENTERCOM COMMUNICATIONS CORP   COM              293639100    11922   332179          DEFINED 01 02        332179        0        0
D ENTERGY CORP NEW               COM              29364G103      227     3355          DEFINED 01 02          3355        0        0
D ETHAN ALLEN INTERIORS INC      COM              297602104     4285   107071          DEFINED 01 02        107071        0        0
D EXELON CORP                    COM              30161N101      305     6924          DEFINED 01 02          6924        0        0
D * EXPEDITORS INTL WASHINGTON   COM              302130109     8821   157863          DEFINED 01 02        130375        0    27488
D EXXON MOBIL CORP               COM              30231G102    53806  1049676          DEFINED 01 02       1046496        0     3180
D FPL GROUP INC                  COM              302571104      486     6507          DEFINED 01 02          6007        0      500
D FACTSET RESEARCH SYSTEMS INC   COM              303075105     1244    21295          DEFINED 01                0        0    21295
D FREDDIE MAC                    COM              313400301      795    10782          DEFINED 01 02          8902        0     1880
D FANNIE MAE                     COM              313586109     4500    63195          DEFINED 01 02         59480        0     3715
D * FIFTH THIRD BANCORP          COM              316773100     2000    42277          DEFINED 01 02         39192        0     3085
D FINANCIAL FEDERAL CORP         COM              317492106    12858   327998          DEFINED 01 02        327998        0        0
D FIRST DATA CORP                COM              319963104    38535   905864          DEFINED 01 02        897565        0     8299
D * FISERV INC                   COM              337738108     1249    31082          DEFINED 01 02           572        0    30510
D FORD MOTOR CO (NEW)            COM              345370860      973    66460          DEFINED 01 02         66460        0        0
D FORTUNE BRANDS INC             COM              349631101      747     9685          DEFINED 01 02          5761        0     3924
D * FORWARD AIR CORP             COM              349853101     3578    80037          DEFINED 01            80037        0        0
D GABELLI GLOBAL MULTIMEDIA TR   COM              36239Q109     3954   370197          DEFINED 01           370197        0        0
D GANNETT CO INC                 COM              364730101      768     9400          DEFINED 01 02          9400        0        0
D GENERAL ELECTRIC CO            COM              369604103    28008   767353          DEFINED 01 02        745219        0    22134
D GENERAL MILLS INC              COM              370334104     1043    20987          DEFINED 01 02         20312        0      675
D GILLETTE CO                    COM              375766102     2590    57831          DEFINED 01 02         57781        0       50
D GLADSTONE CAPITAL CORP         COM              376535100    14738   621852          DEFINED 01           621852        0        0
D GLADSTONE COMMERCIAL CORP      COM              376536108     5787   338440          DEFINED 01           338440        0        0
D GLAXOSMITHKLINE PLC            COM              37733W105      303     6402          DEFINED 01 02          6402        0        0
D GOLDMAN SACHS GROUP INC        COM              38141G104      213     2051          DEFINED 01 02          1550        0      501
D GRACO INC                      COM              384109104      364     9757          DEFINED 01                0        0     9757
D HARLEY DAVIDSON INC            COM              412822108    12185   200578          DEFINED 01 02        189633        0    10945
D HARMAN INTL INDUSTRIES INC NEW COM              413086109     1779    14010          DEFINED 01 02            15        0    13995
D HARSCO CORP                    COM              415864107     4266    76532          DEFINED 01            76532        0        0
D HEARST-ARGYLE TELEVISION INC   COM              422317107      725    27494          DEFINED 01 02         27494        0        0
D HEARTLAND EXPRESS INC          COM              422347104    10789   480154          DEFINED 01 02        480154        0        0
D H.J. HEINZ CO                  COM              423074103      264     6782          DEFINED 01 02          6782        0        0
D HERSHEY FOODS CORP             COM              427866108    18180   327333          DEFINED 01 02        327333        0        0
D HEWLETT-PACKARD CO             COM              428236103      338    16139          DEFINED 01 02         15782        0      357
D HILTON HOTELS CORP             COM              432848109    28849  1268650          DEFINED 01 02       1268650        0        0
D HOME DEPOT INC                 COM              437076102     8996   210475          DEFINED 01 02        199883        0    10592
D HONEYWELL INTERNATIONAL INC    COM              438516106      652    18421          DEFINED 01 02          9101        0     9320
D HUBBELL INC CLASS B            COM              443510201      389     7430          DEFINED 01 02          7430        0        0
D IMS HEALTH INC                 COM              449934108      236    10171          DEFINED 01 02         10171        0        0
D ISTAR FINANCIAL INC            COM              45031U101    19199   424188          DEFINED 01           424188        0        0
D ILL TOOL WORKS INC             COM              452308109    16892   182258          DEFINED 01 02        181887        0      371
D IMPERIAL OIL LTD NEW           COM              453038408      891    15001          DEFINED 01 02         15001        0        0
D * INERGY L P                   COM              456615103      303    10550          DEFINED 01 02         10550        0        0
D * INTEL CORP                   COM              458140100     1291    55209          DEFINED 01 02         39846        0    15363
D INTL BUSINESS MACHINES CORP    COM              459200101     3428    34777          DEFINED 01 02         31314        0     3463
D * INTERNATIONAL SPEEDWAY CORP  COM              460335201     3827    72472          DEFINED 01 02         72472        0        0
D IRON MOUNTAIN INC (PA) NEW     COM              462846106     6703   219851          DEFINED 01 02        219851        0        0
D ISHARES TRUST                  COM              464287168      635    10348          DEFINED 01            10348        0        0
D ISHARES INC                    COM              464287234    52900   262077          DEFINED 01           261382        0      695
D ISHARES TRUST                  COM              464287242    38374   344070          DEFINED 01 02        344070        0        0
D ISHARES TRUST                  COM              464287309    27483   475899          DEFINED 01           475899        0        0
D ISHARES TRUST                  COM              464287408    28588   454648          DEFINED 01 02        454648        0        0
D ISHARES TRUST                  COM              464287457    39086   479997          DEFINED 01 02        479997        0        0
D ISHARES TRUST                  COM              464287465   232943  1453622          DEFINED 01          1450144        0     3478
D ISHARES TRUST                  COM              464287473      730     6476          DEFINED 01 02          6476        0        0
D ISHARES TRUST                  COM              464287549     2097    44904          DEFINED 01            44904        0        0
D ISHARES DOW JONES US CONSUMER  COM              464287580    12092   197621          DEFINED 01 02        197621        0        0
D ISHARES INC                    COM              464287606   226792  1687437          DEFINED 01          1685476        0     1961
D ISHARES TRUST DOW JONES        COM              464287697    30880   449488          DEFINED 01 02        446644        0     2844
D ISHARES INC                    COM              464287705   226224  1760498          DEFINED 01          1758649        0     1849
D ISHARES TRUST-DOW JONES U.S.   COM              464287713     9725   400204          DEFINED 01 02        400204        0        0
D ISHARES TRUST DOW JONES U S    COM              464287754     1340    23673          DEFINED 01            23673        0        0
D ISHARES TRUST DOW JONES U S    COM              464287762    79313  1344513          DEFINED 01 02       1344513        0        0
D ISHARES TRUST                  COM              464287788     1965    20120          DEFINED 01            20120        0        0
D ISHARES TRUST DOW JONES        COM              464287796     1049    16319          DEFINED 01            16319        0        0
D ISHARES DOW JONES US CONSUMER  COM              464287812    43621   818103          DEFINED 01 02        817403        0      700
D ISHARES INC                    COM              464287879    34296   281574          DEFINED 01           281149        0      425
D ISHARES INC                    COM              464287887    34830   325211          DEFINED 01           324701        0      510
D JPMORGAN CHASE & CO            COM              46625H100     1589    40729          DEFINED 01 02         39580        0     1149
D JEFFERSON PILOT CORP           COM              475070108      316     6075          DEFINED 01 02          6075        0        0
D JOHNSON & JOHNSON              COM              478160104    61669   972392          DEFINED 01 02        965232        0     7160
D KANEB PIPE LINE PARTNERS L.P.  COM              484169107      211     3466          DEFINED 01 02          3466        0        0
D KELLOGG CO                     COM              487836108      390     8723          DEFINED 01 02          8723        0        0
D KERR-MCGEE CORP (HOLDING CO)   COM              492386107      402     6965          DEFINED 01 02          3385        0     3580
D KEYCORP NEW                    COM              493267108      217     6401          DEFINED 01 02          6401        0        0
D KIMBERLY CLARK CORP            COM              494368103      931    14147          DEFINED 01 02         13742        0      405
D LEGGETT AND PLATT              COM              524660107      242     8505          DEFINED 01 02          8505        0        0
D LIBERTY MEDIA CORP NEW         COM              530718105    20328  1851398          DEFINED 01 02       1849173        0     2225
D LIFELINE SYSTEMS INC           COM              532192101     3137   121790          DEFINED 01           121790        0        0
D ELI LILLY AND CO               COM              532457108      775    13656          DEFINED 01 02          7843        0     5813
D LINCARE HOLDINGS INC           COM              532791100     1258    29497          DEFINED 01                0        0    29497
D LOCKHEED MARTIN CORP           COM              539830109     1411    25401          DEFINED 01 02         25401        0        0
D LOWE'S COMPANIES INC           COM              548661107     2539    44091          DEFINED 01 02         23722        0    20369
D LUCENT TECHNOLOGIES INC        COM              549463107      106    28302          DEFINED 01 02         27027        0     1275
D MBNA CORP                      COM              55262L100     1244    44137          DEFINED 01 02          3212        0    40925
D MARKEL CORP (HOLDING COMPANY)  COM              570535104    24546    67434          DEFINED 01 02         67434        0        0
D MARKWEST ENERGY PARTNERS L.P.  COM              570759100      377     7750          DEFINED 01 02          7750        0        0
D MAY DEPARTMENT STORES CO       COM              577778103      522    17751          DEFINED 01 02         17751        0        0
D MCDONALD'S CORP                COM              580135101     1684    52523          DEFINED 01 02         44307        0     8216
D MEDCO HEALTH SOLUTIONS INC     COM              58405U102      220     5296          DEFINED 01 02          5296        0        0
D MEDTRONIC INC                  COM              585055106     4451    89615          DEFINED 01 02         84925        0     4690
D MERCK & COMPANY INC            COM              589331107    39511  1229326          DEFINED 01 02       1227686        0     1640
D MERCURY GENERAL CORP NEW       COM              589400100     3741    62441          DEFINED 01            62441        0        0
D * MICROSOFT CORP               COM              594918104    24696   924257          DEFINED 01 02        905622        0    18635
D MOHAWK INDUSTRIES INC          COM              608190104      411     4500          DEFINED 02             4500        0        0
D * MONOLITHIC SYSTEMS TECH INC  COM              609842109     3744   601001          DEFINED 01 02        601001        0        0
D MORGAN STANLEY NEW             COM              617446448      621    11179          DEFINED 01 02          3374        0     7805
D MOTOROLA INC                   COM              620076109      228    13268          DEFINED 01 02         12193        0     1075
D NN INC                         COM              629337106     2385   180530          DEFINED 01           180530        0        0
D * NASDAQ 100 TRUST             COM              631100104      486    12187          DEFINED 01            11887        0      300
D NATIONAL CITY CORP             COM              635405103     1954    52048          DEFINED 01 02         52048        0        0
D NATIONAL FUEL GAS CO           COM              636180101      203     7154          DEFINED 01 02          7154        0        0
D NATUZZI S P A ADR              COM              63905A101     8557   788706          DEFINED 01 02        788706        0        0
D NEW YORK TIMES CL A            COM              650111107    17287   423700          DEFINED 01 02        423700        0        0
D * NEXTEL COMMUNICATIONS INC    COM              65332V103      234     7814          DEFINED 01               19        0     7795
D NICOR INC                      COM              654086107    13693   370675          DEFINED 01 02        370675        0        0
D NOKIA CORP                     COM              654902204      416    26520          DEFINED 01 02         12020        0    14500
D NORFOLK SOUTHERN CORP          COM              655844108     1146    31671          DEFINED 01 02         26686        0     4985
D NORTH FORK BANCORPORATION (NY) COM              659424105    26663   924185          DEFINED 01 02        923323        0      862
D * NORTHERN TRUST CORP          COM              665859104      267     5489          DEFINED 01 02          5489        0        0
D NORTHWESTERN CORP NEW          COM              668074305     8082   288650          DEFINED 01           288650        0        0
D OCCIDENTAL PETROLEUM CORP      COM              674599105      294     5032          DEFINED 01 02          5032        0        0
D * ORACLE CORP                  COM              68389X105      405    29543          DEFINED 01 02         10194        0    19349
D * O'REILLY AUTOMOTIVE INC      COM              686091109     1101    24451          DEFINED 01                1        0    24450
D PPL CORPORATION                COM              69351T106      406     7611          DEFINED 01 02          7353        0      258
D PEPSICO INC                    COM              713448108    36835   705645          DEFINED 01 02        702266        0     3379
D PFIZER INC                     COM              717081103    16325   607120          DEFINED 01 02        558756        0    48364
D PLUM CREEK TIMBER CO INC       COM              729251108     8368   217695          DEFINED 01           217695        0        0
D PROCTER & GAMBLE CO            COM              742718109    13291   241305          DEFINED 01 02        233396        0     7909
D PROGRESS ENERGY INC            COM              743263105      351     7755          DEFINED 01 02          7755        0        0
D PUBLIC SVC ENTERPRISE GROUP    COM              744573106      300     5792          DEFINED 01 02          5792        0        0
D PULITZER INC                   COM              745769109      622     9590          DEFINED 01 02          9590        0        0
D PULTE HOMES INC                COM              745867101     1459    22870          DEFINED 01 02           406        0    22464
D RALCORP HOLDINGS INC NEW       COM              751028101     1106    26386          DEFINED 02              206        0    26180
D RAYONIER INC                   COM              754907103    23908   488819          DEFINED 01           488819        0        0
D RAYTHEON CO NEW                COM              755111507      831    21410          DEFINED 01 02         21395        0       15
D REGIONS FINANCIAL CORP NEW     COM              7591EP100      313     8793          DEFINED 01 02          8193        0      600
D RENAL CARE GROUP INC           COM              759930100      393    10928          DEFINED 01                0        0    10928
D RESMED INC                     COM              761152107      943    18445          DEFINED 01                0        0    18445
D ROCKWELL AUTOMATION INC        COM              773903109     1226    24735          DEFINED 01 02         24735        0        0
D ROCKWELL COLLINS INC           COM              774341101     1013    25675          DEFINED 01 02         25375        0      300
D ROYAL DUTCH PETROLEUM CO #     COM              780257804     2547    44383          DEFINED 01 02         43383        0     1000
D SBC COMMUNICATIONS INC         COM              78387G103     2561    99385          DEFINED 01 02         97455        0     1930
D SLM CORP                       COM              78442P106      539    10096          DEFINED 01                0        0    10096
D SARA LEE CORP                  COM              803111103     1201    49764          DEFINED 01 02         48952        0      812
D SCANA CORP NEW                 COM              80589M102      258     6545          DEFINED 01 02          6545        0        0
D SCHERING-PLOUGH CORP           COM              806605101      882    42241          DEFINED 01 02         32841        0     9400
D SCHLUMBERGER LTD               COM              806857108      325     4849          DEFINED 01 02          4654        0      195
D A. SCHULMAN INC                COM              808194104    14391   672142          DEFINED 01           672142        0        0
D SCOTTS COMPANY                 COM              810186106     4503    61253          DEFINED 01 02         61253        0        0
D E W SCRIPPS CO NEW CL A        COM              811054204     5815   120434          DEFINED 01 02        119034        0     1400
D SELECT SECTOR SPDR TRUST       COM              81369Y100      377    12690          DEFINED 01            12120        0      570
D SELECT SECTOR SPDR TRUST       COM              81369Y209     1113    36854          DEFINED 01 02         36854        0        0
D SECTOR SPDR TRUST              COM              81369Y308    22372   969331          DEFINED 01 02        969331        0        0
D SELECT SECTOR SPDR TRUST       COM              81369Y407    34628   981248          DEFINED 01 02        981248        0        0
D SECTOR SPDR TRUST (ENERGY)     COM              81369Y506    35480   976884          DEFINED 01 02        976884        0        0
D SECTOR SPDR TRUST (FINANCIAL)  COM              81369Y605    94881  3107808          DEFINED 01 02       3107808        0        0
D SECTOR SPDR TRUST (INDUSTRIAL) COM              81369Y704    52953  1704310          DEFINED 01 02       1704310        0        0
D SECTOR SPDR TRUST (TECHNOLOGY) COM              81369Y803    65861  3119880          DEFINED 01 02       3119880        0        0
D SECTOR SPDR TRUST (UTILITIES)  COM              81369Y886      226     8121          DEFINED 01                1        0     8120
D * SIGMA ALDRICH CORP           COM              826552101    16473   272455          DEFINED 01 02        272455        0        0
D SMITH & WOLLENSKY RESTAURANT   COM              831758107     2248   424221          DEFINED 01           424221        0        0
D SMITH & NEPHEW PLC #           COM              83175M205     2954    57081          DEFINED 01 02         57081        0        0
D SNAP-ON INC                    COM              833034101    20687   602070          DEFINED 01 02        602070        0        0
D * SONIC CORP                   COM              835451105     4237   138923          DEFINED 01           138923        0        0
D SOUTHERN COMPANY               COM              842587107    22069   658386          DEFINED 01 02        658386        0        0
D SPRINT CORP FON                COM              852061100      268    10769          DEFINED 01 02          9019        0     1750
D * STAPLES INC                  COM              855030102      227     6728          DEFINED 01 02          1124        0     5604
D STATE STREET CORP              COM              857477103      677    13791          DEFINED 01 02          6651        0     7140
D STREETTRACKS GOLD TRUST        COM              863307104      349     7962          DEFINED 01             7962        0        0
D STREETTRACKS SERIES TRUST      COM              86330E604    43178   230183          DEFINED 01           230183        0        0
D SUNTRUST BANKS INC             COM              867914103      202     2729          DEFINED 01 02          2729        0        0
D * SYMANTEC CORP                COM              871503108      216     8390          DEFINED 01 02           310        0     8080
D SYNOVUS FINANCIAL CORP         COM              87161C105      293    10252          DEFINED 01 02         10252        0        0
D SYSCO CORPORATION              COM              871829107     5419   141975          DEFINED 01 02        140468        0     1507
D TCF FINANCIAL CORP             COM              872275102    34568  1075539          DEFINED 01 02       1075539        0        0
D TARGET CORP                    COM              87612E106    13075   251785          DEFINED 01 02        251116        0      669
D TEXAS INSTRUMENTS INC          COM              882508104      524    21278          DEFINED 01 02         10398        0    10880
D 3M COMPANY                     COM              88579Y101     4740    57752          DEFINED 01 02         53916        0     3836
D TIME WARNER INC                COM              887317105      275    14162          DEFINED 01 02         10355        0     3807
D TRANSCANADA CORP               COM              89353D107      274    11000          DEFINED 01 02         11000        0        0
D TRIBUNE CO NEW                 COM              896047107     4193    99506          DEFINED 01 02         99506        0        0
D TYCO INTERNATIONAL LTD NEW     COM              902124106      490    13698          DEFINED 01 02         12698        0     1000
D US BANCORP NEW                 COM              902973304     1368    43691          DEFINED 01 02         36624        0     7067
D UNION PACIFIC CORP             COM              907818108      980    14574          DEFINED 01 02         14574        0        0
D UNITED TECHNOLOGIES CORP       COM              913017109     2510    24289          DEFINED 01 02         20336        0     3953
D VALERO L.P.                    COM              91913W104      229     3851          DEFINED 01 02          3751        0      100
D VARIAN MEDICAL SYSTEMS INC     COM              92220P105     9187   212471          DEFINED 01 02        212471        0        0
D VECTREN CORP                   COM              92240G101    17078   637249          DEFINED 01 02        637249        0        0
D VERIZON COMMUNICATIONS         COM              92343V104     1865    46047          DEFINED 01 02         39768        0     6279
D VIACOM INC CL B                COM              925524308      521    14329          DEFINED 01 02          8084        0     6245
D VODAFONE GROUP PLC NEW         COM              92857W100      244     8928          DEFINED 01 02          7403        0     1525
D W.P. CAREY & CO LLC            COM              92930Y107      288     8205          DEFINED 01 02          7985        0      220
D WPS RESOURCES CORP             COM              92931B106      548    10972          DEFINED 01 02         10972        0        0
D WACHOVIA CORP (2ND NEW)        COM              929903102     1233    23443          DEFINED 01 02         18693        0     4750
D WAL-MART STORES INC            COM              931142103    31918   604282          DEFINED 01 02        596521        0     7761
D WALGREEN COMPANY               COM              931422109     5367   139867          DEFINED 01 02         94997        0    44870
D WASHINGTON MUTUAL INC          COM              939322103      410     9709          DEFINED 01 02          5364        0     4345
D WASHINGTON POST CO CL B        COM              939640108      319      325          DEFINED 02              325        0        0
D WEIGHT WATCHERS INTL INC NEW   COM              948626106     5783   140820          DEFINED 02           140820        0        0
D WELLPOINT INC                  COM              94973V107      247     2150          DEFINED 01                0        0     2150
D WELLS FARGO & CO NEW           COM              949746101    40687   654660          DEFINED 01 02        651050        0     3610
D WESTWOOD ONE INC               COM              961815107     1703    63229          DEFINED 01 02         63229        0        0
D JOHN WILEY & SONS INC          COM              968223206     3373    96800          DEFINED 01            96800        0        0
D WISCONSIN ENERGY CORP          COM              976657106      226     6714          DEFINED 01 02          6714        0        0
D WM. WRIGLEY JR CO              COM              982526105      278     4019          DEFINED 01 02           368        0     3651
D WYETH                          COM              983024100     2056    48270          DEFINED 01 02         48270        0        0
D XCEL ENERGY INC                COM              98389B100      222    12194          DEFINED 01 02         10494        0     1700
D XEROX CORPORATION              COM              984121103      219    12878          DEFINED 01 02         10078        0     2800
D ZEBRA TECHNOLOGIES CORP        COM              989207105    11006   195556          DEFINED 02           195556        0        0
D ZIMMER HOLDINGS INC            COM              98956P102      923    11525          DEFINED 01 02          8217        0     3308
D COOPER INDUSTRIES LTD          COM              G24182100      250     3687          DEFINED 01 02          3018        0      669
D INGERSOLL-RAND COMPANY LIMITED COM              G4776G101    26076   324728          DEFINED 01 02        324728        0        0
D MONTPELIER RE HOLDINGS LTD     COM              G62185106    20975   545517          DEFINED 01           545517        0        0
D NABORS INDUSTRIES LTD          COM              G6359F103      256     5000          DEFINED 01                0        0     5000
D W.P. STEWART & CO LTD          COM              G84922106    22610   955609          DEFINED 01 02        955609        0        0
D WHITE MTNS INS GROUP LTD       COM              G9618E107    21111    32680          DEFINED 01 02         32680        0        0
D WILLIS GROUP HOLDINGS LTD      COM              G96655108    19650   477301          DEFINED 01 02        477301        0        0
S REPORT SUMMARY                308 DATA RECORDS             3326065            2 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED