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		June 30, 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:	140

Form 13F Information Table Value Total:	$207,642





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
CON
V
530715AG6
402
784000

489000
295000
Adobe Systems Inc
COM
00724f101
811
30686

20516
10170
Agrium Inc. ADR
COM
008916108
2,812
57449

50209
7240
Air Products & Chemicals Inc.
COM
009158106
599
9237

6022
3215
Airtran Holdings Inc. Convertible Notes
CON
V
00949PAB4
302
300000

150000
150000
Akamai Technologies Inc.
COM
00971T101
4,585
113026

98086
14940
Albany Intl. Corp. New Convertible 144A Senior Note Step Cpn
CON
V
012348AC2
9
11000

11000
0
Alcon Inc
COM
H01301102
451
3045

1530
1515
Amazon.com Inc.
COM
023135106
4,328
39608

32302
7306
Amer Express Company
COM
025816109
4,337
109242

93587
15655
Amer Oriental Bioengineering
COM
028731107
28
11160

0
11160
American Equity Investment Life Holding Co. Notes
CON
V
025676AE7
31
31000

31000
0
Apache Corporation
COM
037411105
4,084
48511

42401
6110
Apple Inc
COM
037833100
7,717
30679

25304
5375
Automatic Data Processing
COM
053015103
949
23564

15989
7575
Bank of America Corporation
COM
060505104
420
29249

21630
7619
Barrett Bill Corp. Convertible Senior Note
CON
V
06846NAA2
620
625000

385000
240000
Baxter International Inc.
COM
071813109
1,062
26130

26130
0
Beckman Coulter Inc. Convertible Senior Note
CON
V
075811AD1
603
553000

329000
224000
Becton Dickinson
COM
075887109
983
14532

9187
5345
Berkshire Hathaway Inc. Class B
COM
084670702
644
8085

753
7332
Best Buy Company
COM
086516101
2,295
67785

59000
8785
Broadcom Corp. Cl. A
COM
111320107
4,236
128495

106025
22470
Bucyrus International Inc. Class A
COM
118759109
2,471
52081

43826
8255
Canadian National Railway Co.
COM
136375102
1,031
17969

11074
6895
Carnival Corp.
CON
V
143658AN2
261
248000

42000
206000
Cascal NV
COM
N1842P109
106
15820

1620
14200
Ceco Environmental Corp.
COM
125141101
88
18910

0
18910
Cephalon Inc.
COM
156708109
732
12890

12890
0
Cerner Corp.
COM
156782104
5,212
68676

56761
11915
Chesapeake Energy Corp.
COM
165167107
494
23581

17066
6515
Chesapeake Energy Corp. Convertible Contingent Sr. Nt.
CON
V
165167BW6
235
270000

146000
124000
Cisco Systems Inc
COM
17275R102
1,104
51798

35838
15960
Coca-Cola Company
COM
191216100
694
13850

10845
3005
Colgate Palmolive Co.
COM
194162103
4,116
52263

40928
11335
Commerce Bancshares Inc.
COM
200525103
220
6122

6122
0
Companhia de Bebidas Das Amers ADR
COM
20441w203
3,532
34965

28395
6570
Compass Diversified Hldgs Shs Ben Int
COM
20451Q104
211
15700

15700
0
Costco Wholesale Corporation
COM
22160K105
1,761
32120

32120
0
Cree Inc
COM
225447101
4,309
71775

61770
10005
Cummins Engine Inc.
COM
231021106
2,082
31967

26217
5750
CVS/Caremark Corporation
COM
126650100
831
28335

20060
8275
Discovery Communications Inc. New Ser. A
COM
25470F104
3,784
105960

91436
14524
Disney Walt Co.
COM
254687106
851
27028

16691
10337
EMC Corp. Convertible Senior Note
CON
V
268648AM4
299
236000

201000
35000
EMC Corporation Mass
COM
268648102
6,500
355180

306224
48956
Emerson Electric Co
COM
291011104
5,370
122914

103534
19380
EOG Resources Inc.
COM
26875p101
984
10002

7027
2975
Equinix Inc.
COM
29444u502
658
8100

8100
0
Euro Tech Holding Company Ltd.
COM
G32030101
47
33383

0
33383
Express Scripts Inc
COM
302182100
5,246
111573

91876
19697
F5 Networks Inc.
COM
315616102
5,981
87220

75300
11920
Fedex Corporation
COM
31428X106
3,851
54924

47104
7820
Fiserv Inc
COM
337738108
938
20539

14629
5910
Ford Motor Company-New
COM
345370860
1,808
179401

156361
23040
Franklin Resources Inc
COM
354613101
861
9986

6351
3635
Furmanite Corporation
COM
361086101
44
11200

0
11200
Gabelli Global Gold Nat Res & Income Tr
ETF
36244N109
219
14000

14000
0
General Cable Corp New Convertible Sub Nt
CON
V
369300AL2
228
243000

160000
83000
Global Inds. Ltd. Convertible Sr. Deb.
CON
V
379336AE0
53
89000

89000
0
Goldman Sachs Group Inc
COM
38141g104
805
6136

3951
2185
Goodrich Pete Corp Sr Nt Convertible
CON
V
382410AC2
214
269000

185000
84000
Google Inc  Class A
COM
38259P508
774
1740

1640
100
Green Mtn. Coffee Roasters Inc.
COM
393122106
3,184
123894

106579
17315
Greenbrier Cos. Inc. Convertible ST Note
CON
V
393657AD3
32
40000

40000
0
Hanover Compressor Co Convertible Sr Nt
CON
V
410768AE5
630
662000

452000
210000
Hershey Co.
COM
427866108
2,693
56193

47518
8675
Hess Corporation
COM
42809H107
617
12250

12250
0
Hologic Inc. Convertible Series Note
CON
V
436440AA9
428
503000

319000
184000
Intel Corporation
COM
458140100
252
12980

5515
7465
Intl. Business Machines Corp.
COM
459200101
1,100
8912

6362
2550
Intuitive Surgical Inc
COM
46120E602
5,164
16363

14119
2244
Ishares Barclays TIPS Bd Fd Protected Secs
ETF
464287176
449
4200

4072
128
ISHARES IBOXX Investment Grade Corp Bd Fd
ETF
464287242
427
3933

3807
126
IShares MSCI EAFE Index Fund
ETF
464287465
1,616
34745

32185
2560
IShares Russell 2000 Index Fund
ETF
464287655
1,608
26298

26298
0
IShares Tr. IBoxx High Yield Corp. Bd. Fd.
ETF
464288513
568
6690

6527
163
Johnson & Johnson
COM
478160104
995
16853

11748
5105
Juniper Networks Inc.
COM
48203R104
1,876
82199

67384
14815
Kraft Foods Inc.
COM
50075N104
3,163
112953

97198
15755
Level 3 Communications Inc  Convertible Senior Notes
CON
V
52729NBF6
3,970
4146000

126000
4020000
Liberty Media Corp. Convertible Notes
CON
V
530715AL5
128
267000

67000
200000
Lifepoint Hosps. Hldgs. Inc. Convertible Sr. Sub. Note
CON
V
53219LAH2
249
270000

70000
200000
Marsh McLennan Companies Inc.
COM
571748102
361
16000

16000
0
McDonalds Corp.
COM
580135101
1,099
16688

10843
5845
Medtronic Inc. Convertible Senior Note
CON
V
585055AM8
468
467000

205000
262000
Melco Crown Entmt Ltd ADR
COM
585464100
40
10750

10750
0
Microsoft Corporation
COM
594918104
1,631
70893

55838
15055
Mosaic Co.
COM
61945a107
522
13400

13400
0
Nabors Inds. Inceuticals Gtd. Sr. Exchangeable Nt.
CON
V
629568AP1
294
300000

200000
100000
NASDAQ QMX Group Convertible Sr Nt
CON
V
631103AA6
256
270000

245000
25000
National Oilwell Varco Inc
COM
637071101
582
17598

13713
3885
NetApp Inc
COM
64110D104
5,459
146328

127433
18895
Netflix Com Inc.
COM
64110l106
5,879
54108

46523
7585
Newpark Resources Inc.
COM
651718504
67
11050

0
11050
NII Holdings Inc.  Convertible Notes
CON
V
62913FAJ1
221
234000

234000
0
Nvidia Corp.
COM
67066G104
103
10050

10050
0
Omnicare Inc.  Convertible Senior Debentures
CON
V
681904AL2
225
271000

238000
33000
Oracle Corporation
COM
68389X105
1,026
47816

31571
16245
Orbit International Corp.
COM
685559304
50
14640

0
14640
Paccar Inc
COM
693718108
4,913
123238

107386
15852
Parker-Hannifin Corp
COM
701094104
730
13170

9980
3190
Peabody Energy Corp. Convertible Junior Sub. Deb.
CON
V
704549AG9
536
550000

304000
246000
Pepsico Inc.
COM
713448108
1,068
17529

11824
5705
Perrigo Company
COM
714290103
2,127
36002

29552
6450
PHC Inc. Class A
COM
693315103
31
26565

0
26565
Powershares QQQQ Trust Series 1
ETF
73935A104
863
20210

20210
0
Precision Castparts Corporation
COM
740189105
3,154
30647

26481
4166
Procter & Gamble Co.
COM
742718109
1,123
18722

13797
4925
Prologis Rail Svcs. Corp./Progress Metal Reclam Convertible
CON
V
743410AS1
356
396000

316000
80000
Qualcomm Inc.
COM
747525103
793
24134

16529
7605
Robert Half Intl Inc
COM
770323103
679
28850

28850
0
S&P 500 Depositary Receipt
ETF
78462F103
487
4714

4714
0
Sandisk Corp.
COM
80004c101
5,052
120080

104580
15500
Smith International Inc
COM
832110100
573
15214

11154
4060
Smucker J M Co. New
COM
832696405
2,901
48176

41961
6215
SPDR Gold Trust Gold Shares
ETF
78463V107
620
5092

5092
0
Spdr Sr Tr Lehman High Yield Bd ETF
ETF
78464A417
378
10000

10000
0
Starbucks Corporation
COM
855244109
5,134
211295

183110
28185
Suncor Energy Inc.
COM
867224107
567
19247

12214
7033
Sunpower Corp. Class B
COM
867652307
218
20161

20161
0
Synergetics USA Inc.
COM
87160g107
30
11189

0
11189
Target Corporation
COM
87612E106
1,041
21173

14208
6965
Tech Data Corp. Convertible Subordinated Deb. 144A
CON
V
878237AE6
219
218000

100000
118000
Teva Pharmaceutical Industries Ltd ADR
COM
881624209
594
11430

11000
430
Thermo Fisher Scientific Inc
COM
883556102
1,012
20630

20105
525
Transocean Inc.
COM
H8817H100
366
7899

5873
2026
TRC Companies Inc
COM
872625108
52
16870

0
16870
Trinity Industries Inc. Convertible Subordinated Note
CON
V
896522AF6
558
727000

492000
235000
TTM Technologies Inc Convertible Sr Nt
CON
V
87305RAC3
224
250000

175000
75000
Urban Outfitters Inc.
COM
917047102
5,244
152500

133349
19151
Verizon Communications
COM
92343V104
245
8754

2129
6625
Versar Inc.
COM
925297103
90
28281

0
28281
Walgreen Co.
COM
931422109
218
8183

4603
3580
Wal-Mart Stores Inc.
COM
931142103
510
10605

10605
0
Watson Pharmaceutical Inc.
COM
942683103
3,572
88050

71770
16280
Whole Foods Market Inc.
COM
966837106
1,940
53851

44201
9650
WPCS International Inc.
COM
92931l203
52
19241

0
19241
Xilinx Inc. Convertible Jr. Sub. Deb.
CON
V
983919AD3
365
400000

225000
175000
Yellow Roadway Corp. Contingent Senior Note
CON
V
985577AA3
262
300000

150000
150000