0000872259-12-000002.txt : 20120209
0000872259-12-000002.hdr.sgml : 20120209
20120209112945
ACCESSION NUMBER: 0000872259-12-000002
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20111231
FILED AS OF DATE: 20120209
DATE AS OF CHANGE: 20120209
EFFECTIVENESS DATE: 20120209
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: BAHL & GAYNOR INC
CENTRAL INDEX KEY: 0000872259
IRS NUMBER: 311297139
STATE OF INCORPORATION: OH
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-02825
FILM NUMBER: 12585247
BUSINESS ADDRESS:
STREET 1: 212 EAST THIRD ST
STREET 2: STE 200
CITY: CINCINNATI
STATE: OH
ZIP: 45202
BUSINESS PHONE: 5132876100
MAIL ADDRESS:
STREET 1: 212 E THIRD ST
STREET 2: SUITE 200
CITY: CINCINNATI
STATE: OH
ZIP: 45202
13F-HR
1
inftable.txt
BAHL AND GAYNOR 13-F FILING FOR 12/31/2011
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
Digital Realty Trust Inc 7% Se 253868707 506 19775 SH Sole 19775
JPMorgan Chase & Co 8.625% 46625H621 243 8880 SH Sole 8880
PartnerRe Ltd 7.25% Series E g68603508 211 8050 SH Sole 8050
US Bancorp 7.875% Series D 902973882 645 23600 SH Sole 23600
Wells Fargo & Company 8% 949746879 1091 38375 SH Sole 38375
3M Company COM 88579Y101 13384 163757 SH Sole 163757
490 6000 SH Defined 6000
776 9500 SH Other 9500
Abaxis Inc. COM 002567105 325 11745 SH Sole 11745
ABB Ltd COM 000375204 237 12575 SH Sole 12575
Abbott Laboratories COM 002824100 84749 1507191 SH Sole 1507191
1102 19600 SH Defined 19600
1423 25300 SH Other 25300
Accenture Ltd COM G1151C101 31313 588263 SH Sole 588263
240 4500 SH Defined 4500
1011 19000 SH Other 19000
Adtran Inc. COM 00738A106 213 7075 SH Sole 7075
Aegon NV ADR COM 007924103 200 49722 SH Sole 49722
AGL Resources Inc. COM 001204106 7577 179300 SH Sole 179300
Air Products & Chemicals COM 009158106 4549 53404 SH Sole 53404
341 4000 SH Defined 4000
341 4000 SH Other 4000
Airgas Inc. COM 009363102 2487 31855 SH Sole 31855
Altria Group Inc COM 02209S103 8579 289347 SH Sole 289347
59 2000 SH Defined 2000
59 2000 SH Other 2000
American Science & Engineering COM 029429107 230 3370 SH Sole 3370
Amgen Inc. COM 031162100 793 12350 SH Sole 12350
Analog Devices Inc. COM 032654105 11551 322830 SH Sole 322830
279 7800 SH Other 7800
Anheuser-Busch Inbev SA ADR COM 03524A108 345 5649 SH Sole 5649
Apache Corporation COM 037411105 23446 258845 SH Sole 258845
77 850 SH Defined 850
1386 15300 SH Other 15300
Apple Inc. COM 037833100 2692 6647 SH Sole 6647
Applied Industrial Tech COM 03820C105 17869 508070 SH Sole 508070
Applied Materials Inc. COM 038222105 151 14100 SH Sole 14100
AptarGroup Inc. COM 038336103 9141 175220 SH Sole 175220
99 1900 SH Other 1900
Arc Resources Ltd. COM 00208D408 755 30635 SH Sole 30635
Armanino Foods of Distinction COM 042166801 9 11200 SH Sole 11200
AT&T Inc. COM 00206R102 22783 753400 SH Sole 753400
42 1400 SH Defined 1400
119 3941 SH Other 3941
Atrion Corporation COM 049904105 328 1365 SH Sole 1365
Automatic Data Processing Inc. COM 053015103 39041 722856 SH Sole 722856
324 6000 SH Defined 6000
1404 26000 SH Other 26000
Balchem Corporation COM 057665200 629 15510 SH Sole 15510
Banco Santander Brasil SA COM 05967A107 98 12000 SH Sole 12000
Bank of New York Mellon Corp. COM 064058100 437 21962 SH Sole 21962
Bank of Nova Scotia COM 064149107 36442 731617 SH Sole 731617
239 4800 SH Other 4800
Bank of the Ozarks Inc. COM 063904106 793 26773 SH Sole 26773
Baxter International COM 071813109 3372 68152 SH Sole 68152
BCE Inc. COM 05534B760 15530 372700 SH Sole 372700
46 1100 SH Defined 1100
275 6600 SH Other 6600
Beam Inc. COM 073730103 362 7062 SH Sole 7062
Becton Dickinson & Co. COM 075887109 36814 492689 SH Sole 492689
224 3000 SH Defined 3000
1270 17000 SH Other 17000
Berkshire Hathaway cl A COM 084670108 4361 38 SH Sole 38
Berkshire Hathaway cl B COM 084670702 4698 61570 SH Sole 61570
294 3850 SH Other 3850
BHP Billiton Limited COM 088606108 25544 361666 SH Sole 361666
459 6500 SH Defined 6500
1264 17900 SH Other 17900
Blackbaud, Inc. COM 09227Q100 268 9680 SH Sole 9680
Blackrock Inc. COM 09247X101 14171 79506 SH Sole 79506
53 300 SH Other 300
Brinker International COM 109641100 245 9165 SH Sole 9165
Bristol-Myers Squibb Co. COM 110122108 19889 564375 SH Sole 564375
Brown-Forman cl B COM 115637209 1390 17262 SH Sole 17262
Buckle Inc. COM 118440106 422 10322 SH Sole 10322
C.H. Robinson Worldwide, Inc. COM 12541W209 18152 260128 SH Sole 260128
C.R. Bard, Inc. COM 067383109 1233 14425 SH Sole 14425
26 300 SH Other 300
Camden Property Trust COM 133131102 12255 196900 SH Sole 196900
Canadian Energy Services & Tec COM 13566W108 160 14600 SH Sole 14600
Canadian Imperial Bank COM 136069101 20038 276886 SH Sole 276886
159 2200 SH Other 2200
Canadian Oil Sands Ltd. COM 13643E105 2943 128875 SH Sole 128875
58 2550 SH Defined 2550
58 2550 SH Other 2550
Canon Inc ADR COM 138006309 227 5150 SH Sole 5150
Carbo Ceramics Inc. COM 140781105 1436 11645 SH Sole 11645
Caterpillar Inc COM 149123101 3410 37636 SH Sole 37636
Cedar Fair L.P. COM 150185106 216 10058 SH Sole 10058
Central Japan Railway ADR COM 153766100 228 27150 SH Sole 27150
Charles Schwab Corp COM 808513105 321 28500 SH Sole 28500
Chemed Corporation COM 16359R103 635 12409 SH Sole 12409
Chevron Corp COM 166764100 59269 557039 SH Sole 557039
638 6000 SH Defined 6000
1224 11500 SH Other 11500
Chipotle Mexican Grill COM 169656105 328 972 SH Sole 972
Chubb Corp COM 171232101 227 3282 SH Sole 3282
Church & Dwight Co. Inc. COM 171340102 22850 499347 SH Sole 499347
96 2100 SH Other 2100
Cimarex Energy Co COM 171798101 379 6116 SH Sole 6116
Cincinnati Financial Corp COM 172062101 22335 733258 SH Sole 733258
91 3000 SH Defined 3000
91 3000 SH Other 3000
Cintas Corporation COM 172908105 1078 30959 SH Sole 30959
Cisco Systems Inc. COM 17275R102 2415 133550 SH Sole 133550
54 3000 SH Other 3000
Clorox Company COM 189054109 2370 35601 SH Sole 35601
417 6268 SH Other 6268
Coach Inc COM 189754104 274 4485 SH Sole 4485
Coca-Cola Company COM 191216100 78057 1115583 SH Sole 1115583
910 13000 SH Defined 13000
2316 33100 SH Other 33100
Colgate-Palmolive Co COM 194162103 2366 25608 SH Sole 25608
ConocoPhillips COM 20825C104 27820 381774 SH Sole 381774
488 6700 SH Defined 6700
335 4600 SH Other 4600
Costco Wholesale Corp COM 22160K105 280 3355 SH Sole 3355
Crescent Point Energy Corp COM 22576C101 10704 242757 SH Sole 242757
CSX Corporation COM 126408103 363 17260 SH Sole 17260
Cullen/Frost Bankers, Inc. COM 229899109 14950 282563 SH Sole 282563
CVS Caremark Corp. COM 126650100 205 5035 SH Sole 5035
Danaher Corporation COM 235851102 821 17447 SH Sole 17447
Darden Restaurants Inc COM 237194105 8327 182700 SH Sole 182700
Deere & Company COM 244199105 329 4250 SH Sole 4250
Dentsply International Inc COM 249030107 10397 297147 SH Sole 297147
945 27000 SH Other 27000
Devon Energy Corp COM 25179M103 5290 85319 SH Sole 85319
806 13000 SH Other 13000
Diageo PLC ADS COM 25243Q205 7783 89034 SH Sole 89034
44 500 SH Defined 500
227 2600 SH Other 2600
Digital Realty Trust, Inc COM 253868103 24491 367340 SH Sole 367340
520 7800 SH Defined 7800
693 10400 SH Other 10400
Dominion Resources Inc. COM 25746U109 302 5698 SH Sole 5698
Donaldson Co. Inc. COM 257651109 7326 107612 SH Sole 107612
1634 24000 SH Other 24000
Dover Corporation COM 260003108 19022 327678 SH Sole 327678
174 3000 SH Other 3000
Dow Chemical Company COM 260543103 234 8150 SH Sole 8150
Dr. Pepper Snapple Grp COM 26138E109 16759 424500 SH Sole 424500
Duke Energy Corp. COM 26441C105 5895 267954 SH Sole 267954
DuPont de Nemours & Co. COM 263534109 1107 24180 SH Sole 24180
Ecolab Inc. COM 278865100 29786 515233 SH Sole 515233
1422 24600 SH Other 24600
Eli Lilly & Co. COM 532457108 2657 63942 SH Sole 63942
EMC Corporation COM 268648102 409 18975 SH Sole 18975
Emerson Electric Co. COM 291011104 54308 1165652 SH Sole 1165652
238 5100 SH Defined 5100
242 5200 SH Other 5200
Enbridge Energy Partners COM 29250R106 688 20725 SH Sole 20725
33 1000 SH Defined 1000
33 1000 SH Other 1000
Enbridge Inc COM 29250N105 31278 836095 SH Sole 836095
64 1700 SH Defined 1700
172 4600 SH Other 4600
Encana Corp COM 292505104 1206 65075 SH Sole 65075
37 2000 SH Other 2000
Energy Transfer Partners LP COM 29273R109 693 15125 SH Sole 15125
46 1000 SH Defined 1000
46 1000 SH Other 1000
Enerplus Corporation COM 292766102 3372 133175 SH Sole 133175
101 4000 SH Defined 4000
101 4000 SH Other 4000
Ensco Plc ADS COM 29358Q109 282 6000 SH Sole 6000
Enterprise Products Part LP COM 293792107 443 9558 SH Sole 9558
EOG Resources Inc COM 26875P101 12904 130987 SH Sole 130987
158 1600 SH Other 1600
Expeditors Intl of WA COM 302130109 8478 206975 SH Sole 206975
Exxon Mobil Corporation COM 30231G102 92523 1091583 SH Sole 1091583
408 4819 SH Defined 4819
2714 32020 SH Other 32020
F5 Networks Inc. COM 315616102 260 2450 SH Sole 2450
FactSet Research Systems, Inc. COM 303075105 452 5180 SH Sole 5180
Family Dollar Stores, Inc. COM 307000109 280 4850 SH Sole 4850
Fastenal Company COM 311900104 22757 521835 SH Sole 521835
Fifth Third Bancorp COM 316773100 2665 209524 SH Sole 209524
First Financial Bancorp. COM 320209109 272 16356 SH Sole 16356
Fiserv Inc. COM 337738108 2963 50435 SH Sole 50435
Flowers Foods Inc COM 343498101 451 23736 SH Sole 23736
Ford Motor Company COM 345370860 111 10300 SH Sole 10300
Franklin Resources, Inc. COM 354613101 221 2300 SH Sole 2300
Freeport-McMoRan Copper COM 35671D857 368 10006 SH Sole 10006
Fresenius Medical Care AG COM 358029106 204 3000 SH Sole 3000
General Dynamics Corp. COM 369550108 2086 31405 SH Sole 31405
219 3300 SH Other 3300
General Electric Co COM 369604103 16422 916901 SH Sole 916901
602 33600 SH Defined 33600
480 26800 SH Other 26800
General Mills Inc. COM 370334104 27696 685385 SH Sole 685385
Gentex Corporation COM 371901109 382 12925 SH Sole 12925
Genuine Parts Company COM 372460105 39207 640634 SH Sole 640634
245 4000 SH Defined 4000
496 8100 SH Other 8100
Gilead Sciences Inc. COM 375558103 327 8000 SH Sole 8000
Glaxo Smithkline ADS COM 37733W105 12565 275373 SH Sole 275373
Google Inc COM 38259P508 946 1465 SH Sole 1465
H.J. Heinz Company COM 423074103 16654 308172 SH Sole 308172
Harris Corporation COM 413875105 289 8025 SH Sole 8025
HCP, Inc. COM 40414L109 10095 243662 SH Sole 243662
HDFC Bank Ltd COM 40415F101 280 10655 SH Sole 10655
Health Care REIT Inc COM 42217K106 10934 200513 SH Sole 200513
55 1000 SH Defined 1000
55 1000 SH Other 1000
Healthcare Services Group COM 421906108 11840 669302 SH Sole 669302
48 2700 SH Defined 2700
48 2700 SH Other 2700
Hershey Co. COM 427866108 360 5820 SH Sole 5820
Hewlett-Packard Co COM 428236103 1410 54735 SH Sole 54735
Highwoods Properties, Inc. COM 431284108 310 10455 SH Sole 10455
Hill-Rom Holdings Inc. COM 431475102 1741 51673 SH Sole 51673
Hillenbrand Inc. COM 431571108 1051 47073 SH Sole 47073
Home Depot Inc. COM 437076102 8216 195423 SH Sole 195423
Honeywell Intl Inc COM 438516106 967 17794 SH Sole 17794
Hubbell Inc cl A COM 443510102 311 5200 SH Sole 5200
Hubbell Inc cl B COM 443510201 2016 30160 SH Sole 30160
Hudson City Bancorp Inc COM 443683107 700 112000 SH Sole 112000
Huntington Bancshares, Inc. COM 446150104 498 90653 SH Sole 90653
IberiaBank Corporation COM 450828108 417 8450 SH Sole 8450
IBM Corp COM 459200101 79991 435016 SH Sole 435016
1011 5500 SH Defined 5500
3144 17100 SH Other 17100
Igate Corporation COM 45169U105 160 10160 SH Sole 10160
II-VI Inc. COM 902104108 306 16660 SH Sole 16660
Illinois Tool Works Inc. COM 452308109 39300 841366 SH Sole 841366
712 15250 SH Defined 15250
1028 22000 SH Other 22000
Intel Corporation COM 458140100 77109 3179732 SH Sole 3179732
715 29500 SH Defined 29500
1436 59200 SH Other 59200
Inter Parfums, Inc. COM 458334109 208 13370 SH Sole 13370
InterDigital, Inc. COM 45867G101 714 16382 SH Sole 16382
International Flavors&Frag. COM 459506101 212 4052 SH Sole 4052
186 3552 SH Other 3552
Intuitive Surgical, Inc. COM 46120E602 6076 13123 SH Sole 13123
1852 4000 SH Other 4000
iShares DJ US Technology COM 464287721 2420 37879 SH Sole 37879
iShares Russell 1000 Index COM 464287622 338 4877 SH Sole 4877
iShares S&P 500 Index COM 464287200 1852 14705 SH Sole 14705
iShares S&P Midcap 400 COM 464287507 404 4607 SH Sole 4607
iShares S&P Small Cap 600 COM 464287804 350 5120 SH Sole 5120
iShr Russell 2000 Grth COM 464287648 373 4425 SH Sole 4425
iShr Russell 2000 Index COM 464287655 548 7434 SH Sole 7434
iShr Russell Midcap COM 464287499 553 5620 SH Sole 5620
Jack Henry & Associates COM 426281101 5844 173885 SH Sole 173885
JM Smucker Co. COM 832696405 16492 210978 SH Sole 210978
31 393 SH Other 393
Johnson & Johnson COM 478160104 52163 795416 SH Sole 795416
1003 15300 SH Defined 15300
2013 30700 SH Other 30700
Johnson Controls, Inc. COM 478366107 4281 136946 SH Sole 136946
Joy Global, Inc. COM 481165108 629 8385 SH Sole 8385
JPMorgan Chase & Co COM 46625H100 919 27639 SH Sole 27639
Kimberly-Clark Corp. COM 494368103 22491 305744 SH Sole 305744
Kinder Morgan Energy L.P. COM 494550106 4015 47261 SH Sole 47261
Kinder Morgan, Inc. Cl P COM 49456B101 25389 789213 SH Sole 789213
Kraft Foods Inc COM 50075N104 1550 41479 SH Sole 41479
Kroger Company COM 501044101 253 10443 SH Sole 10443
Kubota Corporation COM 501173207 233 5607 SH Sole 5607
L-3 Communications COM 502424104 416 6235 SH Sole 6235
13 200 SH Other 200
Lancaster Colony Corp COM 513847103 730 10535 SH Sole 10535
Leading Brands Inc. COM 52170U207 326 115429 SH Sole 115429
Lockheed Martin Corp. COM 539830109 1304 16119 SH Sole 16119
47 575 SH Defined 575
47 575 SH Other 575
Lowes Companies Inc. COM 548661107 2130 83920 SH Sole 83920
406 16000 SH Defined 16000
609 24000 SH Other 24000
Lufkin Industries Inc COM 549764108 426 6323 SH Sole 6323
Mattel Inc. COM 577081102 10645 383464 SH Sole 383464
58 2100 SH Defined 2100
McCormick & Co, Inc. COM 579780206 15447 306376 SH Sole 306376
50 1000 SH Defined 1000
454 9000 SH Other 9000
McDonald's Corp. COM 580135101 110914 1105488 SH Sole 1105488
612 6100 SH Defined 6100
2443 24350 SH Other 24350
Medco Health Solutions Inc COM 58405U102 987 17650 SH Sole 17650
Medtronic Inc. COM 585055106 882 23060 SH Sole 23060
Merck & Co. Inc. COM 58933Y105 7364 195333 SH Sole 195333
Meridian Bioscience, Inc. COM 589584101 1955 103752 SH Sole 103752
Micrel Inc. COM 594793101 128 12705 SH Sole 12705
Microchip Technology Inc COM 595017104 2586 70585 SH Sole 70585
37 1000 SH Defined 1000
37 1000 SH Other 1000
Microsoft Corporation COM 594918104 54274 2090668 SH Sole 2090668
561 21600 SH Defined 21600
1526 58800 SH Other 58800
Monro Muffler Brake Inc. COM 610236101 239 6167 SH Sole 6167
Monsanto Co COM 61166W101 1668 23806 SH Sole 23806
63 900 SH Other 900
National Instruments COM 636518102 7852 302588 SH Sole 302588
National Research Corp. COM 637372103 256 6590 SH Sole 6590
National Retail Properties COM 637417106 5147 195097 SH Sole 195097
Nestle S.A. ADR COM 641069406 8209 142250 SH Sole 142250
69 1200 SH Defined 1200
69 1200 SH Other 1200
NextEra Energy, Inc. COM 65339F101 23373 383913 SH Sole 383913
30 500 SH Defined 500
30 500 SH Other 500
Nike Inc cl B COM 654106103 39676 411705 SH Sole 411705
241 2500 SH Defined 2500
704 7300 SH Other 7300
Noble Energy Inc. COM 655044105 1671 17698 SH Sole 17698
Norfolk Southern Corp COM 655844108 4000 54906 SH Sole 54906
Northern Trust Corp. COM 665859104 1490 37565 SH Sole 37565
Novartis AG COM 66987V109 65802 1150987 SH Sole 1150987
892 15600 SH Defined 15600
1858 32500 SH Other 32500
Novo-Nordisk A/S COM 670100205 248 2155 SH Sole 2155
NSTAR COM 67019E107 1653 35200 SH Sole 35200
Nucor Corporation COM 670346105 301 7600 SH Sole 7600
Nustar Energy LP COM 67058H102 1321 23320 SH Sole 23320
46 818 SH Defined 818
46 818 SH Other 818
Nve Corporation COM 629445206 754 13575 SH Sole 13575
Omnicare Inc COM 681904108 245 7118 SH Sole 7118
ONEOK Inc. COM 682680103 42788 493575 SH Sole 493575
69 800 SH Defined 800
Oneok Partners, L.P. COM 68268N103 4780 82786 SH Sole 82786
115 2000 SH Defined 2000
289 5000 SH Other 5000
OPNET Technologies Inc. COM 683757108 242 6600 SH Sole 6600
Oracle Corporation COM 68389X105 6590 256913 SH Sole 256913
46 1800 SH Defined 1800
Paramount Resources Ltd Cl A COM 699320206 693 16600 SH Sole 16600
Paychex, Inc. COM 704326107 2658 88286 SH Sole 88286
PepsiCo, Inc. COM 713448108 29762 448561 SH Sole 448561
133 2000 SH Defined 2000
849 12800 SH Other 12800
Perrigo Company COM 714290103 1394 14325 SH Sole 14325
PetroChina ADR COM 71646E100 234 1885 SH Sole 1885
Pfizer Inc. COM 717081103 2940 135861 SH Sole 135861
Philip Morris Intl COM 718172109 33262 423827 SH Sole 423827
200 2550 SH Defined 2550
133 1700 SH Other 1700
Piedmont Natural Gas Co. COM 720186105 2494 73402 SH Sole 73402
Plantronics Inc. COM 727493108 201 5635 SH Sole 5635
PNC Financial Services COM 693475105 1084 18802 SH Sole 18802
Polaris Industries Inc COM 731068102 305 5450 SH Sole 5450
PowerShares Water Resource COM 73935X575 201 11900 SH Sole 11900
Praxair, Inc. COM 74005P104 67933 635485 SH Sole 635485
195 1825 SH Defined 1825
1649 15425 SH Other 15425
PriceSmart Inc. COM 741511109 1172 16840 SH Sole 16840
Procter & Gamble Co. COM 742718109 395936 5935180 SH Sole 5935180
2238 33550 SH Defined 33550
11633 174375 SH Other 174375
Pshrs Dividend Achvievers COM 73935X732 410 27404 SH Sole 27404
Pure Bioscience Inc. COM 74621T100 3 10000 SH Sole 10000
QEP Resources, Inc. COM 74733V100 452 15425 SH Sole 15425
Qualcomm Inc. COM 747525103 29443 538268 SH Sole 538268
63 1150 SH Defined 1150
470 8600 SH Other 8600
Quality Systems Inc. COM 747582104 969 26200 SH Sole 26200
Range Resources Corp COM 75281A109 1918 30970 SH Sole 30970
124 2000 SH Other 2000
Raven Industries Inc. COM 754212108 246 3975 SH Sole 3975
Rayonier Inc. COM 754907103 669 14998 SH Sole 14998
Raytheon Company COM 755111507 223 4600 SH Sole 4600
Realty Income Corp COM 756109104 9988 285701 SH Sole 285701
105 3000 SH Defined 3000
105 3000 SH Other 3000
Rio Tinto PLC COM 767204100 254 5200 SH Sole 5200
Rollins Inc. COM 775711104 330 14868 SH Sole 14868
Roper Industries Inc. COM 776696106 3047 35070 SH Sole 35070
Royal Dutch Shell CL A COM 780259206 12377 169335 SH Sole 169335
687 9400 SH Defined 9400
687 9400 SH Other 9400
RPM International, Inc. COM 749685103 28797 1173011 SH Sole 1173011
1252 51000 SH Defined 51000
1436 58500 SH Other 58500
Sanofi ADS COM 80105N105 404 11050 SH Sole 11050
SAP AG COM 803054204 2310 43625 SH Sole 43625
Sara Lee Corp. COM 803111103 267 14099 SH Sole 14099
Schlumberger Ltd. COM 806857108 18977 277809 SH Sole 277809
68 1000 SH Other 1000
Scripps Networks Interact. COM 811065101 2428 57239 SH Sole 57239
170 4000 SH Other 4000
Siemens AG ADS COM 826197501 368 3850 SH Sole 3850
Sigma-Aldrich Corporation COM 826552101 4274 68425 SH Sole 68425
SM Energy Company COM 78454L100 598 8178 SH Sole 8178
Sofame Technologies Inc COM 833977101 0 10000 SH Sole 10000
Solera Holdings, Inc. COM 83421A104 452 10140 SH Sole 10140
Southern Company COM 842587107 16055 346828 SH Sole 346828
SPDR Gold Trust COM 78463V107 913 6007 SH Sole 6007
SPDR S&P 500 ETF Trust COM 78462F103 9332 74360 SH Sole 74360
SPDR S&P MidCap 400 ETF COM 78467Y107 383 2400 SH Sole 2400
SPDR Select Technology COM 81369Y803 2207 86720 SH Sole 86720
Spectra Energy Corp COM 847560109 21735 706836 SH Sole 706836
Stans Energy Corp. COM 854722105 18 25000 SH Sole 25000
Steris Corporation COM 859152100 1863 62485 SH Sole 62485
66 2200 SH Other 2200
Stratasys, Inc. COM 862685104 242 7955 SH Sole 7955
Stryker Corporation COM 863667101 23855 479891 SH Sole 479891
567 11400 SH Other 11400
Suncor Energy COM 867224107 2148 74517 SH Sole 74517
86 3000 SH Other 3000
Syngenta AG COM 87160A100 236 4000 SH Sole 4000
Syntel Inc. COM 87162H103 253 5415 SH Sole 5415
Sysco Corporation COM 871829107 7114 242541 SH Sole 242541
50 1700 SH Defined 1700
T Rowe Price Group Inc COM 74144T108 17514 307540 SH Sole 307540
Taiwan Semiconductor COM 874039100 264 20419 SH Sole 20419
Target Corporation COM 87612E106 3170 61893 SH Sole 61893
Taseko Mines Ltd. COM 876511106 124 25775 SH Sole 25775
Teleflex Inc. COM 879369106 4446 72535 SH Sole 72535
227 3700 SH Other 3700
Telefonica S.A. COM 879382208 596 34683 SH Sole 34683
Teva Pharmaceutical COM 881624209 16576 410704 SH Sole 410704
Texas Instruments, Inc. COM 882508104 2008 68982 SH Sole 68982
Textron Inc. COM 883203101 185 10000 SH Sole 10000
Tim Hortons, Inc. COM 88706M103 562 11605 SH Sole 11605
TJX Companies Inc. COM 872540109 17124 265275 SH Sole 265275
355 5500 SH Other 5500
Tractor Supply Co. COM 892356106 494 7040 SH Sole 7040
Trilogy Energy Corp. COM 89620H105 369 10000 SH Sole 10000
Tupperware Brands Corp. COM 899896104 1315 23490 SH Sole 23490
U.S. Bancorp COM 902973304 50013 1848906 SH Sole 1848906
2164 80000 SH Defined 80000
2921 108000 SH Other 108000
Unilever N.V. COM 904784709 212 6175 SH Sole 6175
Union Pacific Corp. COM 907818108 458 4320 SH Sole 4320
United Parcel Service Inc. COM 911312106 419 5725 SH Sole 5725
United Technologies Corp COM 913017109 50540 691476 SH Sole 691476
789 10800 SH Other 10800
V.F. Corporation COM 918204108 671 5285 SH Sole 5285
Valmont Industries Inc COM 920253101 257 2835 SH Sole 2835
Valspar Corporation COM 920355104 935 23981 SH Sole 23981
Vanguard Info Tech ETF COM 92204A702 1765 28765 SH Sole 28765
Verizon Communications, Inc. COM 92343V104 8844 220429 SH Sole 220429
441 11000 SH Defined 11000
466 11621 SH Other 11621
Vermilion Energy Inc. COM 923725105 6965 156328 SH Sole 156328
VISA Inc. COM 92826C839 1665 16400 SH Sole 16400
Vodafone Group plc ADS COM 92857W209 5254 187453 SH Sole 187453
107 3800 SH Defined 3800
255 9100 SH Other 9100
W.W. Grainger Inc. COM 384802104 2375 12689 SH Sole 12689
Wal-Mart Stores, Inc. COM 931142103 3249 54373 SH Sole 54373
Walgreen Company COM 931422109 12268 371071 SH Sole 371071
767 23200 SH Other 23200
Walt Disney Company COM 254687106 2771 73886 SH Sole 73886
Waste Management Inc. COM 94106L109 15243 466009 SH Sole 466009
33 1000 SH Defined 1000
33 1000 SH Other 1000
Wells Fargo & Co COM 949746101 11763 426824 SH Sole 426824
303 11000 SH Defined 11000
1075 39000 SH Other 39000
Wisconsin Energy Corp COM 976657106 2451 70100 SH Sole 70100
Wolverine World Wide Inc. COM 978097103 1062 29810 SH Sole 29810
Xilinx Inc. COM 983919101 9068 282845 SH Sole 282845
32 1000 SH Defined 1000
32 1000 SH Other 1000
Xylem Inc. COM 98419M100 1230 47385 SH Sole 47385
78 3000 SH Other 3000
Yum! Brands, Inc. COM 988498101 1018 17255 SH Sole 17255
Zimmer Holdings Inc COM 98956P102 2260 42336 SH Sole 42336
13 240 SH Defined 240
Dodge Cox International Stock 256206103 1246 42603 SH Sole 42603
Fidelity Contra Fund 316071109 200 2968 SH Sole 2968
Franklin Income Fd Class C 353496805 47 21999 SH Sole 21999
George Putnam Balanced -A 154 12783 SH Sole 12783
Global Crossing EscrowCusip Li 37931K9B9 0 50000 SH Sole 50000
Lazard Emerging Markets Portfo 52106N764 467 27174 SH Sole 27174
Loomis Sayles Strategic Income 543487250 185 12911 SH Sole 12911
Nationwide Investor Destinatio 63867T635 152 17733 SH Sole 17733
Oppenheimer Developing Markets 683974505 263 9062 SH Sole 9062
Oppenheimer Gold & Special Min 683910103 1405 40500 SH Sole 40500
Pimco Funds Total Return Incom 693390429 262 24080 SH Sole 24080
Pimco Investment Frade Corp Bo 722008406 128 12395 SH Sole 12395
Transamerica Multi-Manager Int 893962837 463 55703 SH Sole 55703
Vanguard Dividend Growth Fd 921908604 359 23302 SH Sole 23302
Vanguard Windsor Ii Fd Admiral 922018304 344 7523 SH Sole 7523
Harbor International Fund Inst 411511306 310 5906 SH Sole 5906
iShares MSCI Asia Ex-Japan 464288182 909 18224 SH Sole 18224
iShr MSCI Canada 464286509 211 7950 SH Sole 7950
iShr MSCI EAFE 464287465 1065 21499 SH Sole 21499
99 2000 SH Defined 2000
99 2000 SH Other 2000
iShr MSCI Emerg Mkts 464287234 2899 76420 SH Sole 76420
iShr MSCI Hong Kong 464286871 518 33475 SH Sole 33475
iShr MSCI Pacific Ex Jap 464286665 3578 91921 SH Sole 91921
iShr MSCI Singapore 464286673 601 55485 SH Sole 55485
iShr MSCI Taiwan 464286731 176 15025 SH Sole 15025
Pshrs Intl Div Achievers 73935X716 357 24515 SH Sole 24515
Vanguard FTSE All-World ex-US 922042775 302 7650 SH Sole 7650
Vanguard MSCI EAFE ETF 921943858 205 6745 SH Sole 6745
Vanguard MSCI Emer Mkts ETF 922042858 4577 119783 SH Sole 119783
Wisdom Tree Emerging Markets 97717W315 1034 20177 SH Sole 20177
WisdomTree Em Mkt SCap Dv 97717W281 322 7779 SH Sole 7779
LeStage Barbara 3% 10/31/2014 9941183S4 250 250000 SH Sole 250000