Person Signing this Report on Behalf of Reporting Manager:

Name:		Roberta J. Maue
Title:	VP
Phone:	314-997-1277
Signature, Place, and Date of Signing:

Roberta J. Maue	St Louis MO		March 31, 2010

Report Type (Check only one.):

[x ]		13F HOLDINGS REPORT.

[  ]		13F NOTICE.

[  ]		13F COMBINATION REPORT.

List of Other Managers Reporting for this Manager:

None.

I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934.

FORM 13F SUMMARY PAGE

Report Summary:

Number of Other Included Managers:	None

Form 13F Information Table Entry Total:	137

Form 13F Information Table Value Total:	$235,689





List of Other Included Managers:

  No.	13F File Number
Security
Type
Cusip
Market
Value
Quantity
Mgrs
Sole
Voting
Authority
Shared
None
A T & T Corp. Liberty Media Convertible Mortgage
Backed Bonds
CONV
530715AG6
361
666000

371000

295000
Adobe Systems Inc
COM
00724f101
1,086
30711

20516

10195
Agrium Inc. ADR
COM
008916108
4,074
57686

49776

7910
Air Products & Chemicals Inc.
COM
009158106
643
8697

5472

3225
Airtran Holdings Inc. Convertible Notes
CONV
00949PAB4
302
300000

150000

150000
Akamai Technologies Inc.
COM
00971T101
3,475
110637

94222

16415
Alcon Inc
COM
H01301102
338
2093

573

1520
Amazon.com Inc.
COM
023135106
5,469
40294

32493

7801
Amer Express Company
COM
025816109
4,514
109411

92296

17115
Amer Oriental Bioengineering
COM
028731107
46
11160

1285

9875
Amerigroup Corporation  Senior Notes Convertible
CONV
03073TAB8
305
300000

160000

140000
Apache Corporation
COM
037411105
4,944
48708

42028

6680
Apple Inc
COM
037833100
7,329
31196

25346

5850
Automatic Data Processing
COM
053015103
1,023
23014

15424

7590
Banco Santander SA ADR
COM
05964h105
595
44835

42515

2320
Bank of America Corporation
COM
060505104
523
29274

21630

7644
Barrett Bill Corp. Convertible Senior Note
CONV
06846NAA2
595
605000

375000

230000
Baxter International Inc.
COM
071813109
1,521
26130

26130

0
Beckman Coulter Inc. Convertible Senior Note
CONV
075811AD1
463
413000

239000

174000
Becton Dickinson
COM
075887109
1,145
14542

9187

5355
Berkshire Hathaway Inc. Class B
COM
084670702
658
8095

753

7342
Bucyrus International Inc. Class A
COM
118759109
3,406
51614

42574

9040
Canadian National Railway Co.
COM
136375102
1,254
20699

13749

6950
Carnival Corp.
CONV
143658AN2
265
248000

42000

206000
Cascal NV
COM
N1842P109
115
15820

1620

14200
Ceco Environmental Corp.
COM
125141101
69
18910

1710

17200
Celgene Corp.
COM
151020104
1,722
27795

27795

0
Cephalon Inc.
COM
156708109
3,433
50650

42735

7915
Cerner Corp.
COM
156782104
4,716
55440

42720

12720
Chesapeake Energy Corp.
COM
165167107
522
22066

15516

6550
Chesapeake Energy Corp. Convertible Contingent Sr. Nt.
CONV
165167BW6
249
270000

146000

124000
Cisco Systems Inc
COM
17275R102
1,349
51833

35838

15995
CIT Group Inc
COM
125581801
253
6492

3474

3018
Coca-Cola Company
COM
191216100
3,952
71852

58981

12871
Coinstar Ince Mines Corp Convertible Sr Nt
CONV
19259PAF9
268
250000

150000

100000
Colgate Palmolive Co.
COM
194162103
4,519
53005

40985

12020
Commerce Bancshares Inc.
COM
200525103
252
6122

6122

0
Companhia de Bebidas Das Amers ADR
COM
20441w203
3,206
34978

27788

7190
Compass Diversified Hldgs Shs Ben Int
COM
20451Q104
240
15700

15700

0
Costco Wholesale Corporation
COM
22160K105
1,918
32120

32120

0
Cree Inc
COM
225447101
5,089
72477

61572

10905
CVS/Caremark Corporation
COM
126650100
1,483
40575

32280

8295
Discovery Communications Inc. New Ser. A
COM
25470F104
3,617
107030

91151

15879
Disney Walt Co.
COM
254687106
895
25633

15271

10362
Eagle Bulk Shipping Inc
COM
Y2187A101
59
11069

0

11069
EMC Corp. Convertible Senior Note
CONV
268648AM4
295
236000

201000

35000
EMC Corporation Mass
COM
268648102
6,476
358987

305461

53526
Emerson Electric Co
COM
291011104
6,157
122307

101667

20640
EOG Resources Inc.
COM
26875p101
908
9772

6767

3005
Equinix Inc.
COM
29444u502
2,841
29183

24933

4250
Euro Tech Holding Company Ltd.
COM
G32030101
67
33383

4005

29378
Express Scripts Inc
COM
302182100
5,144
50548

38992

11556
F5 Networks Inc.
COM
315616102
5,892
95790

82765

13025
Fedex Corporation
COM
31428X106
3,485
37311

31991

5320
Fiserv Inc
COM
337738108
1,003
19759

13834

5925
Ford Motor Company-New
COM
345370860
1,584
126028

100723

25305
Franklin Resources Inc
COM
354613101
1,066
9616

5971

3645
Furmanite Corporation
COM
361086101
58
11200

0

11200
General Cable Corp New Convertible Sub Nt
CONV
369300AL2
234
243000

160000

83000
Goldman Sachs Group Inc
COM
38141g104
1,166
6834

4644

2190
Goodrich Pete Corp Sr Nt Convertible
CONV
382410AC2
233
269000

185000

84000
Google Inc  Class A
COM
38259P508
6,101
10760

8900

1860
Hanover Compressor Co Convertible Sr Nt
CONV
410768AE5
321
337000

212000

125000
Hasbro Inc.
COM
418056107
646
16870

16870

0
Hess Corporation
COM
42809H107
803
12842

12842

0
Hologic Inc. Convertible Series Note
CONV
436440AA9
437
488000

319000

169000
Intel Corporation
COM
458140100
6,486
291390

245810

45580
Intl. Business Machines Corp.
COM
459200101
1,143
8912

6337

2575
Intuitive Surgical Inc
COM
46120E602
4,619
13268

11459

1809
Ishares Barclays TIPS Bd Fd Protected Secs
ETF
464287176
434
4173

4115

58
ISHARES IBOXX Investment Grade Corp Bd Fd
ETF
464287242
413
3904

3861

43
IShares MSCI EAFE Index Fund
ETF
464287465
2,207
39426

36866

2560
IShares MSCI Emerging Markets
ETF
464287234
221
5252

5252

0
IShares Russell 2000 Index Fund
ETF
464287655
1,780
26253

1929

24324
IShares Tr. IBoxx High Yield Corp. Bd. Fd.
ETF
464288513
583
6595

6568

27
Johnson & Johnson
COM
478160104
1,127
17288

12173

5115
Level 3 Communications Inc  Convertible Senior Notes
CONV
52729NBF6
3,725
3825000

75000

3750000
Liberty Media Corp. Convertible Notes
CONV
530715AL5
140
267000

67000

200000
Lifepoint Hosps. Hldgs. Inc. Convertible Sr. Sub. Note
CONV
53219LAH2
687
689000

50000

639000
Magnetek Inc.
COM
559424106
19
11260

1260

10000
Marsh McLennan Companies Inc.
COM
571748102
818
33500

33500

0
Marvell Technology Group Ltd
COM
G5876H105
7,388
361825

309206

52619
McDermott International Inc.
COM
580037109
4,626
171840

147845

23995
McDonalds Corp.
COM
580135101
1,234
18488

12543

5945
Medtronic Inc. Convertible Senior Note
CONV
585055AM8
7,924
7493000

526000

6967000
Met Pro Corp
COM
590876306
126
12852

1095

11757
Microsoft Corporation
COM
594918104
5,369
183445

146491

36954
Mosaic Co.
COM
61945a107
2,953
48587

41487

7100
Nabors Inds. Inceuticals Gtd. Sr. Exchangeable Nt.
CONV
629568AP1
297
300000

200000

100000
NASDAQ QMX Group Convertible Sr Nt
CONV
631103AA6
260
270000

245000

25000
National Oilwell Varco Inc
COM
637071101
715
17618

13713

3905
NetApp Inc
COM
64110D104
2,764
84888

71468

13420
Netflix Com Inc.
COM
64110l106
4,758
64526

54211

10315
Newpark Resources Inc.
COM
651718504
58
11050

650

10400
Nvidia Corp.
COM
67066G104
175
10050

10050

0
Omnicare Inc.  Convertible Senior Debentures
CONV
681904AL2
202
239000

226000

13000
Oracle Corporation
COM
68389X105
1,209
47051

30766

16285
Orbit International Corp.
COM
685559304
56
14640

1690

12950
Paccar Inc
COM
693718108
5,350
123447

106170

17277
Parker-Hannifin Corp
COM
701094104
1,041
16080

10380

5700
Peabody Energy Corp. Convertible Junior Sub. Deb.
CONV
704549AG9
537
496000

250000

246000
Peabody Energy Corporation
COM
704549104
2,674
58507

49082

9425
Pepsico Inc.
COM
713448108
1,160
17539

11824

5715
PHC Inc. Class A
COM
693315103
34
26565

3065

23500
Pico Holdings Inc.
COM
693366205
213
5720

720

5000
Powershares ETF Financial Pfd. Portfolio
ETF
73935X229
173
10000

10000

0
Powershares QQQQ Trust Series 1
ETF
73935A104
738
15315

15315

0
Precision Castparts Corporation
COM
740189105
3,921
30941

26385

4556
Procter & Gamble Co.
COM
742718109
1,181
18672

13747

4925
Prologis Rail Svcs. Corp./Progress Metal Reclam
Convertible
CONV
743410AS1
328
348000

316000

32000
Qualcomm Inc.
COM
747525103
1,030
24538

16918

7620
Robert Half Intl Inc
COM
770323103
2,223
73051

58341

14710
S&P 500 Depositary Receipt
ETF
78462F103
560
4785

4785

0
Smith International Inc
COM
832110100
675
15774

11704

4070
Smucker J M Co. New
COM
832696405
2,041
33868

27043

6825
Spdr Sr Tr Lehman High Yield Bd ETF
ETF
78464A417
298
7500

7500

0
Suncor Energy Inc.
COM
867224107
593
18212

11169

7043
Sunpower Corp. Class B
COM
867652307
337
20161

20161

0
Synergetics USA Inc.
COM
87160g107
18
11189

0

11189
Target Corporation
COM
87612E106
1,114
21188

14208

6980
Tech Data Corp. Convertible Subordinated Deb. 144A
CONV
878237AE6
217
208000

100000

108000
Teva Pharmaceutical Industries Ltd ADR
COM
881624209
3,536
56062

44492

11570
Texas Instruments Inc
COM
882508104
591
24170

22635

1535
Thermo Fisher Scientific Inc
COM
883556102
1,896
36855

36330

525
Transocean Inc.
COM
H8817H100
683
7909

5873

2036
Transocean Inc. Senior Note
CONV
893830AU3
47
47000

0

47000
TRC Companies Inc
COM
872625108
49
16870

2070

14800
Trinity Industries Inc. Convertible Subordinated Note
CONV
896522AF6
570
727000

492000

235000
Urban Outfitters Inc.
COM
917047102
5,841
153588

132642

20946
Verizon Communications
COM
92343V104
272
8754

2129

6625
Versar Inc.
COM
925297103
86
28281

2430

25851
Walgreen Co.
COM
931422109
254
6848

4468

2380
Wal-Mart Stores Inc.
COM
931142103
663
11922

11922

0
Watson Pharmaceutical Inc.
COM
942683103
2,546
60963

48408

12555
WPCS International Inc.
COM
92931l203
59
19241

2216

17025
Xilinx Inc. Convertible Jr. Sub. Deb.
CONV
983919AD3
185
200000

100000

100000
Yellow Roadway Corp. Contingent Senior Note
CONV
985577AA3
262
300000

150000

150000