13F-HR 1 f-13.txt BAHL AND GAYNOR, INC. 13-F FILING FOR 9/30/2004 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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- Circle K Corp Sub Deb Conv 000000000 0 10000 PRN SOLE 10000 Robbins & Myers Conv Bd 770196AB9 12 11000 PRN SOLE 11000 3M Company COM 88579Y101 3583 44805 SH SOLE 44805 ARC Energy Trust COM 001986108 204 15200 SH SOLE 15200 Abbott Laboratories COM 002824100 32164 759304 SH SOLE 21750 737554 712 16800 SH DEFINED 16800 1127 26600 SH OTHER 26600 Affiliated Comp Svcs COM 008190100 1653 29700 SH SOLE 29700 Affymetrix COM 00826T108 646 21030 SH SOLE 21030 Air Prod & Chem COM 009158106 687 12634 SH SOLE 12634 Alabama National Bancorp COM 010317105 233 3900 SH SOLE 3900 Alberto-Culver Co Cl B COM 013068101 414 9527 SH SOLE 9527 Alliance Capital Mgmt Hold LP COM 01855A101 3475 97901 SH SOLE 97901 284 8000 SH OTHER 8000 Allied Capital COM 01903Q108 1449 59406 SH SOLE 59406 49 2000 SH DEFINED 2000 49 2000 SH OTHER 2000 Alltel Corp COM 020039103 4430 80679 SH SOLE 80679 115 2100 SH DEFINED 2100 115 2100 SH OTHER 2100 Altria Group Inc COM 02209S103 420 8935 SH SOLE 8935 American Express COM 025816109 795 15439 SH SOLE 15439 American Intl Group COM 026874107 15115 222316 SH SOLE 222316 287 4218 SH OTHER 4218 American Power Conversion COM 029066107 1792 103075 SH SOLE 103075 Amgen Inc COM 031162100 10848 190951 SH SOLE 12450 178501 503 8850 SH OTHER 8850 Amsouth Bancorp COM 032165102 2952 120971 SH SOLE 28200 92771 Anadarko Petroleum COM 032511107 685 10325 SH SOLE 9300 1025 Analog Devices COM 032654105 349 9000 SH SOLE 9000 Anheuser Busch COM 035229103 22730 455058 SH SOLE 455058 175 3500 SH DEFINED 3500 904 18100 SH OTHER 18100 Apache Corp COM 037411105 20608 411252 SH SOLE 411252 43 850 SH DEFINED 850 276 5500 SH OTHER 5500 Archer Danls Midlnd COM 039483102 197 11613 SH SOLE 11613 Auto Data Processing COM 053015103 40531 980902 SH SOLE 980902 198 4800 SH DEFINED 4800 2423 58650 SH OTHER 58650 Avery Dennison Corp COM 053611109 20640 313767 SH SOLE 15600 298167 921 14000 SH DEFINED 14000 1447 22000 SH OTHER 22000 BB&T Corporation COM 054937107 3970 100025 SH SOLE 100025 32 800 SH OTHER 800 BHP Billiton Ltd Spons ADR COM 088606108 280 13500 SH SOLE 13500 BJ Services Co COM 055482103 668 12750 SH SOLE 12450 300 BP PLC -Spons ADR COM 055622104 30387 528188 SH SOLE 9225 518963 1066 18526 SH DEFINED 18526 1327 23066 SH OTHER 23066 Bank of America Corp COM 060505104 3214 74170 SH SOLE 74170 Bank of New York COM 064057102 2128 72945 SH SOLE 72945 758 26000 SH DEFINED 26000 758 26000 SH OTHER 26000 Bank of the Ozarks Inc COM 063904106 1417 47650 SH SOLE 47650 30 1000 SH DEFINED 1000 30 1000 SH OTHER 1000 Barrick Gold Corp CAD COM 067901108 728 34600 SH SOLE 31200 3400 Bausch & Lomb COM 071707103 2610 39277 SH SOLE 39277 Becton Dickinson & Co COM 075887109 372 7200 SH SOLE 7200 Bed Bath & Beyond COM 075896100 438 11800 SH SOLE 11800 BellSouth COM 079860102 643 23720 SH SOLE 23720 21 792 SH OTHER 792 Berkshire Hathaway Inc- Cl A COM 084670108 2166 25 SH SOLE 25 Berkshire Hathaway Inc- Cl B COM 084670207 7855 2736 SH SOLE 2736 609 212 SH OTHER 212 Biogen Idec Inc COM 09062X103 1048 17134 SH SOLE 17134 Biomet Inc COM 090613100 27842 593893 SH SOLE 593893 84 1800 SH DEFINED 1800 1113 23750 SH OTHER 23750 Bristol-Myers Squibb COM 110122108 14545 614474 SH SOLE 614474 533 22500 SH DEFINED 22500 585 24700 SH OTHER 24700 Burlington Res Inc COM 122014103 209 5118 SH SOLE 5118 Cedar Fair LP COM 150185106 7930 258723 SH SOLE 258723 199 6500 SH DEFINED 6500 429 14000 SH OTHER 14000 ChevronTexaco Corp COM 166764100 30263 564181 SH SOLE 564181 322 6000 SH DEFINED 6000 483 9000 SH OTHER 9000 China Life Insurance Co ADR COM 16939P106 582 22800 SH SOLE 21900 900 China Mobile HK Ltd Spons ADR COM 16941M109 968 63300 SH SOLE 61800 1500 Cincinnati Bell Inc COM 171871106 36 10315 SH SOLE 10315 8 2400 SH OTHER 2400 Cincinnati Financial COM 172062101 82433 1999833 SH SOLE 1999833 1140 27667 SH DEFINED 27667 2279 55287 SH OTHER 55287 Cinergy Corp COM 172474108 960 24241 SH SOLE 24241 12 300 SH OTHER 300 Cintas Corp COM 172908105 48808 1160982 SH SOLE 1160982 568 13500 SH DEFINED 13500 2268 53950 SH OTHER 53950 Cisco Systems COM 17275R102 1493 82469 SH SOLE 82469 Citigroup Inc COM 172967101 565 12799 SH SOLE 12799 Clorox COM 189054109 609 11418 SH SOLE 11418 62 1168 SH OTHER 1168 Coca Cola COM 191216100 25712 641986 SH SOLE 641986 192 4800 SH DEFINED 4800 965 24100 SH OTHER 24100 Colgate Palmolive COM 194162103 823 18220 SH SOLE 18220 Colonial Bancgroup Inc COM 195493309 241 11782 SH SOLE 11782 Comcast Corp - Special Cl A COM 20030N200 351 12578 SH SOLE 12578 Comerica Inc COM 200340107 1046 17625 SH SOLE 17625 Compass Bancshares Inc COM 20449H109 17382 396675 SH SOLE 396675 44 1000 SH DEFINED 1000 302 6900 SH OTHER 6900 ConAgra Foods Inc COM 205887102 219 8500 SH SOLE 8500 ConocoPhillips COM 20825C104 25020 301995 SH SOLE 301995 240 2900 SH DEFINED 2900 613 7400 SH OTHER 7400 Convergys Corp COM 212485106 273 20300 SH SOLE 20300 32 2400 SH OTHER 2400 Cooper Cameron Corporation COM 216640102 691 12600 SH SOLE 12300 300 Credit Suisse Group Spons ADR COM 225401108 236 7400 SH SOLE 7400 Crosstex Energy, LP COM 22765U102 354 11200 SH SOLE 11200 32 1000 SH DEFINED 1000 32 1000 SH OTHER 1000 Dell Inc COM 24702R101 748 21024 SH SOLE 21024 Dentsply Intl COM 249030107 19610 377547 SH SOLE 377547 727 14000 SH OTHER 14000 Devon Energy COM 25179M103 7279 102502 SH SOLE 9300 93202 107 1500 SH OTHER 1500 Diebold Inc COM 253651103 7244 155114 SH SOLE 155114 588 12600 SH OTHER 12600 Disney Walt Co COM 254687106 930 41241 SH SOLE 41241 291 12900 SH OTHER 12900 Dominion Res COM 25746U109 304 4657 SH SOLE 4657 Donaldson Co COM 257651109 9848 346889 SH SOLE 346889 21 725 SH DEFINED 725 617 21725 SH OTHER 21725 Dover Corp COM 260003108 1088 28000 SH SOLE 28000 DuPont deNemours COM 263534109 966 22566 SH SOLE 22566 Duke Realty Corp COM 264411505 7302 219951 SH SOLE 219951 66 2000 SH DEFINED 2000 66 2000 SH OTHER 2000 Dynamex Inc COM 26784F103 183 10608 SH SOLE 10608 EMC Corp/Mass COM 268648102 179 15475 SH SOLE 15475 Ecolab Inc COM 278865100 12734 405021 SH SOLE 405021 151 4800 SH DEFINED 4800 780 24800 SH OTHER 24800 Emerson Electric COM 291011104 12186 196893 SH SOLE 196893 93 1500 SH DEFINED 1500 93 1500 SH OTHER 1500 Enerplus Resources Fd COM 29274D604 5013 154150 SH SOLE 154150 130 4000 SH DEFINED 4000 130 4000 SH OTHER 4000 Ensco Intl Inc COM 26874Q100 686 21000 SH SOLE 21000 Equity Residential COM 29476L107 725 23400 SH SOLE 23400 Exxon Mobil Corp COM 30231G102 67111 1388597 SH SOLE 1388597 121 2500 SH DEFINED 2500 1411 29200 SH OTHER 29200 FPL Group COM 302571104 323 4733 SH SOLE 4733 Fannie Mae COM 313586109 2071 32672 SH SOLE 32672 634 10000 SH DEFINED 10000 Federated Dept Stores COM 31410H101 209 4590 SH SOLE 4590 Fifth Third Bancorp COM 316773100 85442 1735923 SH SOLE 18600 1717323 1727 35080 SH OTHER 35080 First Data Corp COM 319963104 903 20761 SH SOLE 20761 First Financial Bancorp COM 320209109 451 26394 SH SOLE 26394 First Horizon National Corpora COM 320517105 1166 26900 SH SOLE 26900 First Industrial Realty Tr COM 32054K103 650 17620 SH SOLE 17620 First Merit Corp COM 337915102 1255 47700 SH SOLE 47700 Fiserv Inc COM 337738108 15785 452812 SH SOLE 452812 115 3300 SH DEFINED 3300 272 7800 SH OTHER 7800 Fortune Brands Inc COM 349631101 457 6170 SH SOLE 6170 Freddie Mac COM 313400301 551 8450 SH SOLE 8450 Frontier Financial Corporation COM 35907K105 378 10710 SH SOLE 10710 Gannett Inc COM 364730101 2104 25120 SH SOLE 25120 General Electric COM 369604103 60957 1815273 SH SOLE 1815273 1128 33600 SH DEFINED 33600 1645 49000 SH OTHER 49000 General Mills COM 370334104 2856 63609 SH SOLE 63609 Genzyme COM 372917104 615 11300 SH SOLE 10500 800 Gillette COM 375766102 7840 187832 SH SOLE 187832 755 18100 SH OTHER 18100 Glaxo SmithKline PLC ADR COM 37733W105 1716 39231 SH SOLE 21750 17481 Grainger, W W Inc COM 384802104 778 13500 SH SOLE 13500 Grey Global Group Inc COM 39787M108 697 700 SH SOLE 700 HCA Inc COM 404119109 729 19100 SH SOLE 18600 500 Hanmi Financial Corporation COM 410495105 891 29500 SH SOLE 29500 54 1800 SH DEFINED 1800 54 1800 SH OTHER 1800 Hershey Foods COM 427866108 393 8420 SH SOLE 8420 Hewlett Packard COM 428236103 839 44750 SH SOLE 44750 Highwoods Prop Inc COM 431284108 768 31225 SH SOLE 31225 Hillenbrand Inds COM 431573104 4093 81006 SH SOLE 81006 Home Depot COM 437076102 27604 704190 SH SOLE 704190 64 1625 SH DEFINED 1625 35 900 SH OTHER 900 Honeywell Int'l COM 438516106 571 15913 SH SOLE 15913 Hospira Inc COM 441060100 1025 33505 SH SOLE 33505 2 80 SH DEFINED 80 14 460 SH OTHER 460 Hubbell Inc Cl A COM 443510102 1323 31408 SH SOLE 31408 51 1200 SH DEFINED 1200 51 1200 SH OTHER 1200 Hubbell Inc Cl B COM 443510201 2052 45778 SH SOLE 45778 5 112 SH DEFINED 112 5 112 SH OTHER 112 Huntington Bancshares COM 446150104 835 33505 SH SOLE 33505 IBERIABANK Corporation COM 450828108 1368 23695 SH SOLE 23695 17 300 SH DEFINED 300 17 300 SH OTHER 300 IBM COM 459200101 2396 27941 SH SOLE 27941 ING Groep NV Spons ADR COM 456837103 833 32939 SH SOLE 31200 1739 IShares Russell 1000 Index COM 464287622 339 5690 SH SOLE 5690 Illinois Tool Works COM 452308109 31193 334796 SH SOLE 334796 652 7000 SH DEFINED 7000 932 10000 SH OTHER 10000 Intel Corp COM 458140100 14176 706668 SH SOLE 706668 642 32000 SH DEFINED 32000 913 45500 SH OTHER 45500 Intuitive Surgical Inc COM 46120E602 971 39250 SH SOLE 39250 743 30000 SH OTHER 30000 JP Morgan Chase & Co COM 46625H100 1384 34823 SH SOLE 34823 181 4544 SH OTHER 4544 Jefferson-Pilot Corp COM 475070108 6858 138094 SH SOLE 138094 Johnson & Johnson COM 478160104 63787 1132376 SH SOLE 12450 1119926 777 13800 SH DEFINED 13800 1876 33300 SH OTHER 33300 Johnson Controls COM 478366107 2272 40000 SH SOLE 40000 KIMCO Realty Corp COM 49446R109 703 13694 SH SOLE 13694 Kaneb Pipeline Partners LP COM 484169107 940 18150 SH SOLE 18150 41 800 SH DEFINED 800 41 800 SH OTHER 800 Kerr McGee COM 492386107 2778 48525 SH SOLE 12450 36075 Kimberly Clark COM 494368103 2571 39800 SH SOLE 39800 Kinder Morgan Energy Prtnrs COM 494550106 1771 37820 SH SOLE 37820 Kraft Foods Inc - A COM 50075N104 999 31500 SH SOLE 30900 600 Leading Brands COM 52170U108 266 273800 SH SOLE 273800 Lee Enterprises COM 523768109 234 5050 SH SOLE 5050 Liberty Media Corp-A COM 530718105 152 17420 SH SOLE 17420 Lilly, Eli Co COM 532457108 13391 222991 SH SOLE 12450 210541 24 400 SH DEFINED 400 42 700 SH OTHER 700 Lockheed Martin COM 539830109 1100 19714 SH SOLE 15450 4264 Lowes Corp COM 548661107 1093 20115 SH SOLE 20115 435 8000 SH DEFINED 8000 652 12000 SH OTHER 12000 Mack-Cali Realty Corp COM 554489104 498 11250 SH SOLE 11250 44 1000 SH DEFINED 1000 44 1000 SH OTHER 1000 Marathon Oil Corporation COM 565849106 208 5030 SH SOLE 5030 Marsh & McLennan COM 571748102 538 11750 SH SOLE 11750 Marshall & Ilsley Corp COM 571834100 1323 32828 SH SOLE 32828 McCormick & Co NV COM 579780206 11427 332758 SH SOLE 332758 27 800 SH DEFINED 800 371 10800 SH OTHER 10800 McDonald's COM 580135101 521 18600 SH SOLE 18600 Medco Health Solutions Inc COM 58405U102 786 25445 SH SOLE 25445 37 1206 SH OTHER 1206 Medtronic Inc COM 585055106 33987 654848 SH SOLE 15000 639848 31 600 SH DEFINED 600 1074 20700 SH OTHER 20700 Merck & Co COM 589331107 21265 644405 SH SOLE 644405 330 10000 SH DEFINED 10000 759 23000 SH OTHER 23000 Microsoft Corp COM 594918104 33282 1203697 SH SOLE 30900 1172797 88 3200 SH DEFINED 3200 498 18000 SH OTHER 18000 Midcap SPDR Trust Series 1 COM 595635103 206 1900 SH SOLE 1900 Molex COM 608554101 520 17425 SH SOLE 17425 Molex Inc NV Class A COM 608554200 3729 141697 SH SOLE 141697 National City Corp COM 635405103 8558 221588 SH SOLE 18900 202688 Natl Commerce Finl Corp COM 63545P104 33514 979648 SH SOLE 979648 164 4800 SH DEFINED 4800 1156 33800 SH OTHER 33800 New Plan Excel Realty Trust COM 648053106 260 10400 SH SOLE 10400 Newmont Mining COM 651639106 908 19950 SH SOLE 18600 1350 Nokia Corp Spon ADR COM 654902204 299 21799 SH SOLE 21799 Norfolk Southern COM 655844108 842 28312 SH SOLE 28312 Northern Border Partners LP COM 664785102 1986 43417 SH SOLE 43417 46 1000 SH DEFINED 1000 46 1000 SH OTHER 1000 Northern Trust COM 665859104 1906 46704 SH SOLE 46704 Novartis AG ADR COM 66987V109 896 19188 SH SOLE 18600 588 Novo-Nordisk COM 670100205 274 5000 SH SOLE 5000 Oak Hill Financial Inc COM 671337103 245 7050 SH SOLE 7050 17 500 SH DEFINED 500 17 500 SH OTHER 500 Old Republic International Cor COM 680223104 20779 830168 SH SOLE 830168 30 1200 SH DEFINED 1200 405 16200 SH OTHER 16200 Oracle Systems COM 68389X105 1356 120188 SH SOLE 120188 PNC Finl Services Group COM 693475105 609 11254 SH SOLE 11254 Parker Hannifin COM 701094104 945 16050 SH SOLE 15450 600 Patina Oil & Gas COM 703224105 4812 162745 SH SOLE 162745 Paychex Inc COM 704326107 5390 178760 SH SOLE 178760 24 800 SH DEFINED 800 24 800 SH OTHER 800 Pengrowth Energy Trust A COM 706902301 2260 126050 SH SOLE 126050 Pentair Inc COM 709631105 12017 344238 SH SOLE 344238 35 1000 SH DEFINED 1000 35 1000 SH OTHER 1000 Pepsico COM 713448108 9089 186822 SH SOLE 186822 PetroChina Co Ltd ADR COM 71646E100 605 11250 SH SOLE 10950 300 Pfizer Inc COM 717081103 43233 1412853 SH SOLE 22050 1390803 31 1000 SH DEFINED 1000 1359 44400 SH OTHER 44400 Piedmont Natural Gas COM 720186105 1646 37470 SH SOLE 37470 Piper Jaffray Company COM 724078100 780 19709 SH SOLE 19709 22 565 SH DEFINED 565 29 720 SH OTHER 720 Pitney-Bowes COM 724479100 406 9200 SH SOLE 9200 Plum Creek Timber Co REIT COM 729251108 1473 42050 SH SOLE 42050 53 1500 SH DEFINED 1500 53 1500 SH OTHER 1500 Polaris Industries Inc COM 731068102 341 6100 SH SOLE 6100 33 600 SH OTHER 600 Praxair Inc COM 74005P104 20384 476937 SH SOLE 476937 406 9500 SH OTHER 9500 Procter & Gamble COM 742718109 347704 6424691 SH SOLE 6424691 2479 45800 SH DEFINED 45800 11311 209000 SH OTHER 209000 Provident Bankshares Corp COM 743859100 1149 34250 SH SOLE 34250 50 1500 SH DEFINED 1500 50 1500 SH OTHER 1500 Rayonier Inc COM 754907103 434 9600 SH SOLE 9600 23 500 SH DEFINED 500 23 500 SH OTHER 500 Regis Corporation COM 758932107 255 6350 SH SOLE 6350 64 1600 SH OTHER 1600 Republic Bancorp Inc COM 760282103 200 13000 SH SOLE 13000 Rio Tinto Plc Spons ADR COM 767204100 1127 10375 SH SOLE 7800 2575 Royal Dutch Pete COM 780257804 12521 242652 SH SOLE 15600 227052 640 12400 SH DEFINED 12400 929 18000 SH OTHER 18000 S & P 500 Depositary Rcpt COM 78462F103 844 7550 SH SOLE 3500 4050 SBC Communications COM 78387G103 1711 65938 SH SOLE 30900 35038 39 1492 SH OTHER 1492 Sanofi-Synthelabo SA ADR COM 80105N105 934 25500 SH SOLE 24900 600 Sara Lee Corp COM 803111103 1193 52206 SH SOLE 52206 ScanSoft Inc COM 80603P107 44 10750 SH SOLE 10750 Schering Plough COM 806605101 2399 125849 SH SOLE 125849 189 9900 SH OTHER 9900 Schlumberger Ltd COM 806857108 1033 15354 SH SOLE 9000 6354 Schwab Charles Corp COM 808513105 214 23300 SH SOLE 23300 Scripps E.W. Cl A COM 811054204 19088 399508 SH SOLE 399508 334 7000 SH OTHER 7000 Servicemaster Co COM 81760N109 205 15910 SH SOLE 15910 Sherwin Williams COM 824348106 211 4800 SH SOLE 4800 Sigma-Aldrich COM 826552101 212 3650 SH SOLE 3650 Simon Prop Group COM 828806109 354 6600 SH SOLE 6600 Sky Financial Group Inc COM 83080P103 226 9057 SH SOLE 9057 Smucker J M - New COM 832696405 4178 94078 SH SOLE 94078 13 282 SH DEFINED 282 34 773 SH OTHER 773 Southtrust Corp COM 844730101 21697 520815 SH SOLE 520815 62 1500 SH DEFINED 1500 1004 24100 SH OTHER 24100 Southwest Water Co COM 845331107 618 50415 SH SOLE 50415 St. Joseph Capital Corp COM 790595102 418 17600 SH SOLE 17600 Starbucks Corp COM 855244109 500 11000 SH SOLE 11000 455 10000 SH OTHER 10000 State Street Corp COM 857477103 327 7650 SH SOLE 7650 Stryker Corp COM 863667101 4235 88072 SH SOLE 88072 Sun Microsystems COM 866810104 78 19400 SH SOLE 19400 SunTrust Banks COM 867914103 3488 49541 SH SOLE 12000 37541 281 3993 SH OTHER 3993 Sungard Data Systems COM 867363103 7980 335710 SH SOLE 335710 190 8000 SH OTHER 8000 Sysco Corp COM 871829107 13944 466058 SH SOLE 466058 150 5000 SH DEFINED 5000 254 8500 SH OTHER 8500 TCF Financial COM 872275102 33862 1117919 SH SOLE 1117919 61 2000 SH DEFINED 2000 418 13800 SH OTHER 13800 Target Corp COM 87612E106 16165 357241 SH SOLE 357241 Technology Select Sector SPDR COM 81369Y803 2162 113100 SH SOLE 109500 3600 Teleflex Inc COM 879369106 26500 623534 SH SOLE 623534 106 2500 SH DEFINED 2500 723 17000 SH OTHER 17000 Textron Inc COM 883203101 529 8233 SH SOLE 8233 Time Warner Inc COM 887317105 242 15000 SH SOLE 15000 Torchmark COM 891027104 638 12000 SH SOLE 12000 Transatlantic Holdings COM 893521104 306 5625 SH SOLE 5625 Transocean Sedco Forex Inc COM G90078109 709 19809 SH SOLE 18900 909 Tribune COM 896047107 1726 41943 SH SOLE 41943 UCBH Holdings COM 90262T308 9282 237570 SH SOLE 237570 US Bancorp COM 902973304 123271 4265440 SH SOLE 31200 4234240 3454 119500 SH DEFINED 119500 7309 252900 SH OTHER 252900 Union Pacific COM 907818108 923 15750 SH SOLE 15450 300 United Technologies COM 913017109 9727 104171 SH SOLE 104171 121 1300 SH OTHER 1300 Unitrin Inc COM 913275103 303 7290 SH SOLE 7290 Valero LP COM 91913W104 546 9800 SH SOLE 9800 Valspar Corp COM 920355104 2027 43425 SH SOLE 43425 Verizon Communications COM 92343V104 1167 29639 SH SOLE 29639 58 1464 SH DEFINED 1464 82 2085 SH OTHER 2085 Vodafone Group PLC-Sp ADR COM 92857W100 1239 51380 SH SOLE 43350 8030 Wachovia Corp COM 929903102 2216 47205 SH SOLE 47205 47 1000 SH DEFINED 1000 1123 23925 SH OTHER 23925 WalMart Stores COM 931142103 11147 209522 SH SOLE 12450 197072 309 5800 SH OTHER 5800 Walgreen Company COM 931422109 44709 1247807 SH SOLE 24600 1223207 1419 39600 SH OTHER 39600 Washington Mutual COM 939322103 348 8900 SH SOLE 8900 Washington Post Cl B COM 939640108 460 500 SH SOLE 500 Wellpoint Health Networks Cl A COM 94973H108 273 2600 SH SOLE 2600 Wells Fargo Co COM 949746101 49333 827320 SH SOLE 827320 1646 27600 SH DEFINED 27600 3095 51900 SH OTHER 51900 Wendy's Intl COM 950590109 204 6062 SH SOLE 6062 Western Digital Corporation COM 958102105 132 15000 SH SOLE 15000 Whole Foods Market Inc COM 966837106 794 9250 SH SOLE 9250 Wintrust Finl COM 97650W108 7020 122549 SH SOLE 122549 504 8800 SH OTHER 8800 Wm Wrigley Jr COM 982526105 2762 43632 SH SOLE 43632 Wyeth COM 983024100 5421 144944 SH SOLE 144944 XTO Energy Inc COM 98385X106 4961 152730 SH SOLE 152730 Zimmer Holdings COM 98956P102 16847 213142 SH SOLE 213142 893 11300 SH DEFINED 11300 1190 15060 SH OTHER 15060 Zoran Corporation COM 98975F101 253 16100 SH SOLE 16100 iShares MSCI Hong Kong Index F COM 464286871 1660 149300 SH SOLE 99200 50100 iShares MSCI Japan Index Fund COM 464286848 3299 340100 SH SOLE 324600 15500 iShares MSCI Malaysia Index Fu COM 464286830 909 135200 SH SOLE 69000 66200 iShares MSCI Singapore Index F COM 464286673 532 78250 SH SOLE 78250 iShares MSCI Taiwan Index Fund COM 464286731 713 66600 SH SOLE 62100 4500 iShares S&P Europe 350 COM 464287861 2578 38650 SH SOLE 38050 600 Blackrock NY Ins Muni In 09249U204 275 11.0000 SH SOLE 11.0000 Franklin Ohio High Yield Tx Fr 354723504 1044 83222.7700SH SOLE 83222.7700 Gov Secs Ic Fd Ser I Ut GNMA 383743523 0 10329.0000SH SOLE 10329.0000