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		September 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:	126

Form 13F Information Table Value Total:	$228,116





List of Other Included Managers:

  No.	13F File Number
Security
Type
Cusip
Mkt
Quantit
y
Mgr
s
Sole
Voting
Authorit
y Shared
None
A T & T Corp. Liberty Media Convertible Mortgage Backed Bonds
CON
V
530715ag6
476
834000

509000

325000
Adobe Systems Inc
COM
00724f101
812
31036

21416

9620
Agrium Inc. ADR
COM
008916108
5,000
66677

57292

9385
Air Products & Chemicals Inc.
COM
009158106
783
9457

6382

3075
Airtran Holdings Inc. Convertible Notes
CON
V
00949pab4
300
300000

150000

150000
Akamai Technologies Inc.
COM
00971T101
5,583
111266

94086

17180
Alcon Inc
COM
H01301102
450
2695

1530

1165
Amazon.com Inc.
COM
023135106
6,176
39322

33111

6211
Amer Express Company
COM
025816109
4,493
106902

90017

16885
Amer Oriental Bioengineering
COM
028731107
27
11160

1285

9875
Apache Corporation
COM
037411105
999
10215

10215

0
Apple Inc
COM
037833100
7,766
27369

23129

4240
Automatic Data Processing
COM
053015103
1,004
23894

16654

7240
Baidu Inc. Spons ADR
COM
056752108
2,780
27090

21215

5875
Bank of America Corporation
COM
060505104
405
30934

23640

7294
Barrett Bill Corp. Convertible Senior Note
CON
V
06846naa2
634
625000

385000

240000
Baxter International Inc.
COM
071813109
1,247
26130

26130

0
Beckman Coulter Inc. Convertible Senior Note
CON
V
075811ad1
571
562000

338000

224000
Becton Dickinson
COM
075887109
1,092
14732

9567

5165
Berkshire Hathaway Inc. Class B
COM
084670702
286
3463

753

2710
Broadcom Corp. Cl. A
COM
111320107
4,465
126155

102275

23880
Bucyrus International Inc. Class A
COM
118759109
4,233
61036

51841

9195
Canadian National Railway Co.
COM
136375102
1,162
18144

11534

6610
Caterpillar Inc.
COM
149123101
4,825
61330

49870

11460
Ceco Environmental Corp.
COM
125141101
113
18910

1710

17200
Cerner Corp.
COM
156782104
1,904
22665

19475

3190
Chesapeake Energy Corp.
COM
165167107
553
24426

18131

6295
Chesapeake Energy Corp. Convertible Contingent Sr. Nt.
CON
V
165167bw6
256
270000

146000

124000
Chimera Investment Corp.
COM
16934Q109
61
15500

15500

0
Cisco Systems Inc
COM
17275R102
1,206
55078

39848

15230
Coca-Cola Company
COM
191216100
398
6795

4390

2405
Colgate Palmolive Co.
COM
194162103
1,078
14027

10077

3950
Commerce Bancshares Inc.
COM
200525103
230
6122

6122

0
Companhia de Bebidas Das Amers ADR
COM
20441w203
4,187
33825

26730

7095
Costco Wholesale Corporation
COM
22160K105
755
11700

11700

0
Cummins Engine Inc.
COM
231021106
5,610
61939

52569

9370
CVS/Caremark Corporation
COM
126650100
909
28880

20885

7995
Discover Financial Services Inc
COM
254709108
1,707
102334

86734

15600
Discovery Communications Inc. New Ser. A
COM
25470F104
5,638
129463

109844

19619
Disney Walt Co.
COM
254687106
857
25888

15976

9912
EMC Corporation Mass
COM
268648102
3,436
169187

143931

25256
Emerson Electric Co
COM
291011104
6,409
121714

100764

20950
EOG Resources Inc.
COM
26875p101
951
10227

7337

2890
Euro Tech Holding Company Ltd.
COM
G32030101
50
33383

4005

29378
Express Scripts Inc
COM
302182100
3,486
71580

58883

12697
F5 Networks Inc.
COM
315616102
7,136
68744

58444

10300
Fedex Corporation
COM
31428X106
5,128
59979

50984

8995
Fiserv Inc
COM
337738108
1,024
19034

13459

5575
Ford Motor Company-New
COM
345370860
645
52713

52713

0
Franklin Resources Inc
COM
354613101
1,028
9616

6156

3460
Freeport McMoran Copper & Gold Class B
COM
35671D857
3,888
45534

38544

6990
Furmanite Corporation
COM
361086101
55
11200

0

11200
General Cable Corp New Convertible Sub Nt
CON
V
369300al2
244
243000

160000

83000
Goldman Sachs Group Inc
COM
38141g104
873
6041

3956

2085
Goodrich Pete Corp Sr Nt Convertible
CON
V
382410ac2
245
269000

185000

84000
Google Inc  Class A
COM
38259P508
3,536
6726

5741

985
Green Mtn. Coffee Roasters Inc.
COM
393122106
1,219
39095

39095

0
H. J. Heinz Co.
COM
423074103
2,972
62745

50690

12055
Hanover Compressor Co Convertible Sr Nt
CON
V
410768ae5
660
687000

477000

210000
Hershey Co.
COM
427866108
3,432
72108

58493

13615
Hess Corporation
COM
42809H107
724
12250

12250

0
Intel Corporation
COM
458140100
209
10875

5640

5235
Intl. Business Machines Corp.
COM
459200101
977
7287

4857

2430
Ishares Barclays TIPS Bd Fd Protected Secs
ETF
464287176
454
4162

4029

133
ISHARES IBOXX Investment Grade Corp Bd Fd
ETF
464287242
456
4028

3897

131
IShares MSCI EAFE Index Fund
ETF
464287465
1,943
35384

32824

2560
Ishares Russell 1000 Growth Index Fund
ETF
464287614
964
18773

18773

0
IShares Russell 2000 Index Fund
ETF
464287655
1,812
26848

26848

0
IShares Tr. IBoxx High Yield Corp. Bd. Fd.
ETF
464288513
453
5048

4875

173
Johnson & Johnson
COM
478160104
1,058
17083

12268

4815
Juniper Networks Inc.
COM
48203R104
3,406
112224

95179

17045
Kraft Foods Inc.
COM
50075N104
3,438
111403

94668

16735
Level 3 Communications Inc  Convertible Senior Notes
CON
V
52729nbf6
4,254
4254000

120000

4134000
Level 3 Communications Inc  Convertible Senior Notes
CON
V
52729nbk5
343
363000

13000

350000
Lifepoint Hosps. Hldgs. Inc. Convertible Sr. Sub. Note
CON
V
53219lah2
301
303000

103000

200000
Marathon Oil Corp.
COM
565849106
2,227
67295

56135

11160
McDonalds Corp.
COM
580135101
1,129
15158

9553

5605
Medtronic Inc. Convertible Senior Note
CON
V
585055am8
451
452000

190000

262000
Microsoft Corporation
COM
594918104
1,715
70028

56973

13055
Motorola Inc.
COM
620076109
5,243
614645

515685

98960
Nabors Inds. Inceuticals Gtd. Sr. Exchangeable Nt.
CON
V
629568ap1
297
300000

200000

100000
NASDAQ QMX Group Convertible Sr Nt
CON
V
631103aa6
300
304000

279000

25000
National Oilwell Varco Inc
COM
637071101
800
17983

14333

3650
NetApp Inc
COM
64110D104
7,177
144143

122408

21735
Netflix Com Inc.
COM
64110l106
3,860
23804

20229

3575
NII Holdings Inc.  Convertible Notes
CON
V
62913faj1
334
344000

284000

60000
Oracle Corporation
COM
68389X105
805
29976

23951

6025
Orbit International Corp.
COM
685559304
50
14640

1690

12950
Paccar Inc
COM
693718108
5,808
120623

103576

17047
Parker-Hannifin Corp
COM
701094104
948
13530

10485

3045
Peabody Energy Corp. Convertible Junior Sub. Deb.
CON
V
704549ag9
624
560000

304000

256000
Peabody Energy Corporation
COM
704549104
3,070
62642

49827

12815
Pepsico Inc.
COM
713448108
1,184
17814

12334

5480
Perrigo Company
COM
714290103
3,684
57371

45341

12030
PHC Inc. Class A
COM
693315103
35
26565

3065

23500
Procter & Gamble Co.
COM
742718109
1,139
18992

14342

4650
Prologis Rail Svcs. Corp./Progress Metal Reclam Convertible
CON
V
743410as1
388
410000

320000

90000
Qualcomm Inc.
COM
747525103
4,681
103741

84316

19425
Robert Half Intl Inc
COM
770323103
750
28850

28850

0
S&P 500 Depositary Receipt
ETF
78462F103
533
4667

4667

0
Sandisk Corp.
COM
80004c101
1,209
33000

33000

0
Schlumberger Ltd.
COM
806857108
672
10908

8213

2695
Smucker J M Co. New
COM
832696405
2,871
47436

40291

7145
SPDR Gold Trust Gold Shares
ETF
78463V107
651
5087

5087

0
Starbucks Corporation
COM
855244109
5,710
223205

184985

38220
Suncor Energy Inc.
COM
867224107
640
19647

12869

6778
Synergetics USA Inc.
COM
87160g107
31
11189

0

11189
Target Corporation
COM
87612E106
1,124
21028

14363

6665
Tech Data Corp. Convertible Subordinated Deb. 144A
CON
V
878237ae6
233
229000

111000

118000
Thermo Fisher Scientific Inc
COM
883556102
963
20105

20105

0
Transocean Inc.
COM
H8817H100
525
8164

6253

1911
TRC Companies Inc
COM
872625108
43
16870

2070

14800
Trinity Industries Inc. Convertible Subordinated Note
CON
V
896522af6
697
770000

535000

235000
TTM Technologies Inc Convertible Sr Nt
CON
V
87305rac3
336
350000

275000

75000
Unisource Energy Corp Convertible Sr Nt
CON
V
909205ab2
395
395000

265000

130000
Urban Outfitters Inc.
COM
917047102
2,223
70704

60073

10631
Verizon Communications
COM
92343V104
285
8754

2129

6625
Versar Inc.
COM
925297103
85
28281

2430

25851
VMWare Inc  Class A
COM
928563402
3,662
43110

36835

6275
Walgreen Co.
COM
931422109
277
8258

4678

3580
Wal-Mart Stores Inc.
COM
931142103
568
10605

10605

0
Watson Pharmaceutical Inc.
COM
942683103
3,997
94470

72350

22120
Whiting Pete Corp. New
COM
966387102
2,386
24985

20800

4185
Whole Foods Market Inc.
COM
966837106
2,716
73191

62096

11095
WPCS International Inc.
COM
92931l203
65
19241

2216

17025
Wright Med Group Inc Convertible Senior Nt
CON
V
98235taa5
280
315000

215000

100000