UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549

Form 13F

Form 13F COVER PAGE


Report for the Calendar Year or Quarter Ended:  March 31, 2004

Check here if Amendment [     ] ;	Amendment Number:
	This Amendment (Check only one.):[     ] is a restatement.
		                         [     ] adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:	   A.G. Edwards, Inc.
Address:   One North Jefferson
	   St. Louis, MO  63103

Form 13F File Number:	  28-4192

The institutional investment manager filing this report and the person by who
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:

Name:	   Joseph G. Porter
	   Assistant Treasurer
	   314-955-3462

Signature, Place, and Date of Signing:

	   /s/ Joseph G. Porter	   St. Louis, MO	05/12/04
	       [Signature]         [City, State]        [Date]

Report Type (Check only one.):

[ X ]	13F HOLDINGS REPORT.  (Check here if all holdings of this reporting
manager are reported in this report.)

[     ]	13F NOTICE.  (Check here if no holdings reported are in this report,
and all holdings are reported by other reporting manager(s).)

[     ]	13F COMBINATION REPORT.  (Check here if a portion of the holdings
for this reporting manager are reported in this report and a portion are
reported by other reporting manager(s).)

List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]






Form 13F SUMMARY PAGE


Report Summary:

Number of Other Included Managers:	2

Form 13F Information Table Entry Total:	416

Form 13F Information Table Value Total:	$2,506,864
	                                   (thousands)


List of Other Included Managers:

Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.

[If there are no entries in this list, state "NONE" and omit the column
headings and list entries.]

	   No.	   Form 13F File Number	        Name
	   1	        28-3548                 A.G. Edwards & Sons, Inc.
	   2	        28-6731	                A.G. Edwards Trust Company FSB








                                                                               
                                                             VALUE    SHARES/ SH/ PUT/ INVSTMT            -----VOTING AUTHORITY-----
  NAME OF ISSUER                 -TITLE OF CLASS- --CUSIP-- (x$1000)  PRN AMT PRN CALL DSCRETN -MANAGERS-     SOLE   SHARED     NONE
                                                                                           
D * ADC TELECOMMUNICATIONS INC   COM              000886101      173    59711          DEFINED 01 02           261        0    59450
D AFLAC INC                      COM              001055102     2220    55297          DEFINED 01 02         31729        0    23568
D AMB PROPERTY CORP              COM              00163T109    13870   373146          DEFINED 01 02        372796        0      350
D ABBOTT LABORATORIES            COM              002824100     3857    93834          DEFINED 01 02         68330        0    25504
D ABERDEEN ASIA-PACIFIC INCOME   COM              003009107     1827   278945          DEFINED 01                2        0   278943
D ADOBE SYSTEMS INC              COM              00724F101      221     5630          DEFINED 01 02          5630        0        0
D AFFILIATED COMPUTER SVCS INC   COM              008190100     1056    20346          DEFINED 01 02            99        0    20247
D AFFILIATED MANAGERS GROUP INC  COM              008252108     3151    57724          DEFINED 02            57724        0        0
D ALCOA INC                      COM              013817101    14726   424516          DEFINED 01 02        413016        0    11500
D ALLETE INC                     COM              018522102    16733   476847          DEFINED 01 02        476847        0        0
D * ALLIANCE RES PARTNERS LP     COM              01877R108      392     9800          DEFINED 01 02          9800        0        0
D ALLIED CAPITAL CORP NEW        COM              01903Q108      422    13926          DEFINED 01 02          5014        0     8912
D ALLSTATE CORP                  COM              020002101     1248    27453          DEFINED 01 02         15788        0    11665
D ALLTEL CORP                    COM              020039103      277     5559          DEFINED 01 02           297        0     5262
D ALTRIA GROUP INC               COM              02209S103     2996    55027          DEFINED 01 02         23821        0    31206
D AMBASSADORS GROUP INC          COM              023177108     3679   148645          DEFINED 01           148645        0        0
D AMEREN CORP                    COM              023608102     1287    27930          DEFINED 01 02         21865        0     6064
D * AMERICAN CAP STRATEGIES LTD  COM              024937104     1116    33587          DEFINED 01 02          8385        0    25202
D AMERICAN EXPRESS CO            COM              025816109    24482   472165          DEFINED 01 02        470870        0     1295
D AMERICAN INTL GROUP INC        COM              026874107     9615   134765          DEFINED 01 02        119782        0    14983
D AMERICAN POWER CONVERSION CORP COM              029066107      204     8870          DEFINED 01 02          8070        0      800
D AMERIGAS PARTNERS L.P.         COM              030975106      443    14801          DEFINED 01 02         11801        0     3000
D * AMGEN                        COM              031162100     1473    25327          DEFINED 01 02          2498        0    22829
D AMSOUTH BANCORPORATION         COM              032165102      898    38191          DEFINED 01 02         37191        0     1000
D ANADARKO PETROLEUM CORP        COM              032511107      835    16093          DEFINED 01 02          7293        0     8800
D ANHEUSER-BUSCH COS INC         COM              035229103    25930   508440          DEFINED 01 02        486071        0    22368
D ANNALY MORTGAGE MANAGEMENT INC COM              035710409     9338   477650          DEFINED 01 02        477650        0        0
D APACHE CORP                    COM              037411105      908    21040          DEFINED 01 02           228        0    20812
D APOLLO GROUP INC               COM              037604105      880    10208          DEFINED 01 02           377        0     9831
D * APPLIED MATERIALS            COM              038222105     1008    47246          DEFINED 01 02         11646        0    35600
D ARCHER-DANIELS-MIDLAND CO.     COM              039483102      263    15609          DEFINED 01 02           274        0    15335
D ARCHSTONE-SMITH TRUST          COM              039583109      415    14059          DEFINED 01 02          1481        0    12578
D ARGOSY GAMING COMPANY          COM              040228108    32406   911568          DEFINED 01                0        0   911568
D * ATMEL CORP                   COM              049513104       85    13150          DEFINED 01 02          2400        0    10750
D AUTOMATIC DATA PROCESSING INC  COM              053015103     4882   116247          DEFINED 01 02         91777        0    24470
D AUTOZONE INC                   COM              053332102      653     7600          DEFINED 01                0        0     7600
D AVERY DENNISON CORP            COM              053611109     4760    76508          DEFINED 01            76508        0        0
D BB&T CORP                      COM              054937107     1014    28714          DEFINED 01                0        0    28713
D BCE INC                        COM              05534B109      522    24837          DEFINED 01                0        0    24837
D BP P.L.C. SPONSORED ADR        COM              055622104    20531   401002          DEFINED 01 02        339100        0    61902
D BAKER HUGHES INC               COM              057224107      354     9715          DEFINED 01 02          8215        0     1500
D BALLARD POWER SYSTEM INC       COM              05858H104      138    14247          DEFINED 01 02          3147        0    11100
D BANK OF AMERICA CORP           COM              060505104     6328    78141          DEFINED 01 02         51073        0    27068
D BANK ONE CORP                  COM              06423A103     1285    23576          DEFINED 01 02         20172        0     3404
D BANKNORTH GROUP INC NEW        COM              06646R107     1147    33702          DEFINED 01                1        0    33701
D BECTON DICKINSON CO            COM              075887109      344     7087          DEFINED 01 02          5124        0     1963
D * BED BATH & BEYOND INC        COM              075896100     1171    27953          DEFINED 01 02          1025        0    26928
D BELLSOUTH CORPORATION          COM              079860102     1528    55173          DEFINED 01 02         42054        0    13119
D BERKSHIRE HATHAWAY INC         COM              084670108     1400       15          DEFINED 01 02             3        0       12
D BERKSHIRE HATHAWAY INC DEL     COM              084670207    31048     9980          DEFINED 01 02          9913        0       67
D * BIOMET INC                   COM              090613100     1113    29028          DEFINED 01               50        0    28978
D BLACKROCK MUNI TARGET TERM     COM              09247M105     2920   261917          DEFINED 01           261917        0        0
D H & R BLOCK INC                COM              093671105      349     6830          DEFINED 01 02          5595        0     1235
D BOEING COMPANY                 COM              097023105      523    12741          DEFINED 01 02          8448        0     4293
D BRISTOL-MYERS SQUIBB CO        COM              110122108    14420   595111          DEFINED 01 02        536038        0    59073
D BROWN & BROWN INC              COM              115236101     2971    76649          DEFINED 01            76649        0        0
D BROWN SHOE CO INC NEW          COM              115736100      613    16819          DEFINED 01 02         16819        0        0
D BRUNSWICK CORP                 COM              117043109    13884   340046          DEFINED 01 02        333268        0     6778
D BRUSH ENGINEERED MATERIALS INC COM              117421107      203    10000          DEFINED 01                0        0    10000
D BUCKEYE PARTNERS L.P.          COM              118230101      322     7460          DEFINED 01                0        0     7460
D BURLINGTON NORTHERN SANTA FE   COM              12189T104      951    30178          DEFINED 01 02         30178        0        0
D CBL & ASSOCIATES PROPERTIES    COM              124830100     7356   119916          DEFINED 01 02        105116        0    14800
D CPI CORP                       COM              125902106     2565   134770          DEFINED 01           134770        0        0
D CABOT CORP                     COM              127055101      646    19695          DEFINED 01                0        0    19695
D CALIFORNIA PIZZA KITCHEN INC   COM              13054D109     1991    99544          DEFINED 01            99544        0        0
D CDN IMPERIAL BK COMMERCE       COM              136069101      208     4000          DEFINED 02             4000        0        0
D CANADIAN NATURAL RESOURCES LTD COM              136385101      428     7700          DEFINED 01 02          4200        0     3500
D * CAPITAL AUTOMOTIVE REIT SBI  COM              139733109     6199   175563          DEFINED 01 02        171183        0     4380
D CAPITAL ONE FINANCIAL CORP     COM              14040H105    35414   469494          DEFINED 01 02        464019        0     5475
D CARDINAL HEALTH INC            COM              14149Y108     2631    38191          DEFINED 01 02           678        0    37513
D CARNIVAL CORP                  COM              143658300      525    11685          DEFINED 01 02          2911        0     8774
D CATERPILLAR INC                COM              149123101    12008   151872          DEFINED 01 02        135697        0    16174
D CENDANT CORP                   COM              151313103      431    17670          DEFINED 01                0        0    17670
D CEPHALON INC                   COM              156708109      287     5000          DEFINED 01                0        0     5000
D CHARLES RIVER LABS INTL INC    COM              159864107     4311   100605          DEFINED 02           100605        0        0
D CHEVRONTEXACO CORP             COM              166764100    35906   409040          DEFINED 01 02        376007        0    33033
D CHOICE HOTELS INTL INC NEW     COM              169905106     1747    39056          DEFINED 01            39056        0        0
D CINCINNATI BELL INC (NEW)      COM              171871106       49    12001          DEFINED 01                1        0    12000
D * CINCINNATI FINANCIAL CORP    COM              172062101      360     8295          DEFINED 01 02          6020        0     2275
D * CISCO SYSTEMS INC            COM              17275R102     4268   181095          DEFINED 01 02         42333        0   138762
D CITIGROUP INC                  COM              172967101     4016    77675          DEFINED 01 02         31925        0    45750
D CLEAR CHANNEL COMMUNICATIONS   COM              184502102    46189  1090651          DEFINED 01 02       1088270        0     2381
D CLOROX CO                      COM              189054109      253     5171          DEFINED 01 02          4571        0      600
D COCA-COLA CO                   COM              191216100     6900   137172          DEFINED 01 02        104991        0    32181
D COLGATE-PALMOLIVE CO           COM              194162103     2145    38931          DEFINED 01 02         36395        0     2536
D * COMCAST CORP NEW CL A        COM              20030N101      507    17643          DEFINED 01 02         13432        0     4211
D * COMCAST CORP NEW CL A SPL    COM              20030N200    26699   958667          DEFINED 01 02        913879        0    44788
D COMMERCE BANCORP INC NJ        COM              200519106      229     3481          DEFINED 01 02           301        0     3181
D * COMMERCE BANCSHARES INC      COM              200525103      544    11392          DEFINED 01 02          3894        0     7498
D CONAGRA FOODS INC              COM              205887102     9309   345544          DEFINED 01 02        340856        0     4688
D CONOCOPHILLIPS                 COM              20825C104     4809    68889          DEFINED 01 02         19962        0    48927
D CONSOLIDATED EDISON INC        COM              209115104      652    14783          DEFINED 01 02          5783        0     9000
D CORNING INC                    COM              219350105      255    22802          DEFINED 01 02         10002        0    12800
D * COST PLUS INC (CA)           COM              221485105      911    21811          DEFINED 01                0        0    21811
D COUNTRYWIDE FINANCIAL CORP     COM              222372104      311     3244          DEFINED 01               60        0     3184
D * CROSSTEX ENERGY L.P.         COM              22765U102      774    27653          DEFINED 01 02         20653        0     7000
D CYBERGUARD CORP                COM              231910100      138    14000          DEFINED 01                0        0    14000
D DNP SELECT INCOME FUND INC     COM              23325P104      256    22422          DEFINED 01                0        0    22422
D DTE ENERGY CO                  COM              233331107      204     4969          DEFINED 01 02          4569        0      400
D DARDEN RESTAURANTS INC         COM              237194105    15456   623461          DEFINED 01 02        621426        0     2035
D DEAN FOODS COMPANY NEW         COM              242370104     1632    48876          DEFINED 01 02         19231        0    29645
D DEERE & CO                     COM              244199105      224     3231          DEFINED 01 02          3131        0      100
D * DELL INC                     COM              24702R101      543    16157          DEFINED 01 02          3626        0    12531
D DELTA & PINE LAND CO           COM              247357106     2552   102297          DEFINED 01           100520        0     1777
D DENTSPLY INTERNATIONAL INC NEW COM              249030107     1817    40991          DEFINED 01 02         18815        0    22176
D DEVELOPERS DIVERSIFIED RLTY CP COM              251591103      848    20999          DEFINED 01              376        0    20623
D DIAGEO PLC NEW                 COM              25243Q205    41515   785085          DEFINED 01 02        785085        0        0
D DIAMOND OFFSHORE DRILLING INC  COM              25271C102      204     8450          DEFINED 01 02          2200        0     6250
D DIAMONDS TRUST SER 1 (DJIA)    COM              252787106      683     6572          DEFINED 01              260        0     6312
D WALT DISNEY CO                 COM              254687106     1199    47982          DEFINED 01 02         37094        0    10888
D DOMINION RES INC NEW (VA)      COM              25746U109      988    15372          DEFINED 01 02          2991        0    12381
D DONALDSON CO INC               COM              257651109      971    36606          DEFINED 01                0        0    36606
D DOW CHEMICAL COMPANY           COM              260543103    24873   617508          DEFINED 01 02        595299        0    22209
D E.I. DU PONT DE NEMOURS&CO     COM              263534109     2727    64593          DEFINED 01 02          9825        0    54768
D DUKE ENERGY CORP               COM              264399106      410    18160          DEFINED 01 02          4012        0    14148
D DYNEX CAPITAL INC #            COM              26817Q506       65    10000          DEFINED 01                0        0    10000
D EMC CORPORATION (MA)           COM              268648102      885    65038          DEFINED 01 02          8036        0    57002
D EATON VANCE LIMITED DURATION   COM              27828H105      324    16676          DEFINED 01                1        0    16675
D EBAY INC                       COM              278642103      268     3874          DEFINED 01               45        0     3829
D ECOLAB INC                     COM              278865100      523    18346          DEFINED 01 02          1000        0    17346
D A.G. EDWARDS, INC              COM              281760108     5250   134196          DEFINED 01 02         72332        0    61864
D ELAN CORP PLC ADR              COM              284131208      415    20135          DEFINED 01 02          6500        0    13635
D EMERSON ELECTRIC CO            COM              291011104    19029   317569          DEFINED 01 02        306382        0    11187
D EMPIRE DISTRICT ELECTRIC CO    COM              291641108      400    17658          DEFINED 01 02           899        0    16759
D ENBRIDGE ENERGY PARTNERS L.P.  COM              29250R106      350     6841          DEFINED 01 02          5656        0     1185
D ENERGEN CORP                   COM              29265N108      413    10001          DEFINED 01                1        0    10000
D ENERGIZER HOLDINGS INC         COM              29266R108     5774   123663          DEFINED 01 02          1893        0   121770
D ENERGY TRANSFER PARTNERS L.P.  COM              29273R109      536    13500          DEFINED 01 02         10700        0     2800
D ENERPLUS RESOURCE FUND #       COM              29274D604    14332   488973          DEFINED 01           479123        0     9850
D ENTERCOM COMMUNICATIONS CORP   COM              293639100     8827   194979          DEFINED 02           194979        0        0
D ENTERPRISE PRODS PARTNERS L.P. COM              293792107      713    30401          DEFINED 01                1        0    30400
D EQUITY RESIDENTIAL             COM              29476L107      309    10341          DEFINED 01 02           101        0    10240
D ETHAN ALLEN INTERIORS INC      COM              297602104     2852    69134          DEFINED 01 02         69134        0        0
D EXELON CORP                    COM              30161N101      294     4266          DEFINED 01 02          2806        0     1460
D * EXPEDITORS INTL WASHINGTON   COM              302130109    11352   288413          DEFINED 01 02        260653        0    27760
D * EXPRESS SCRIPTS INC          COM              302182100      596     8000          DEFINED 01 02          1100        0     6900
D EXXON MOBIL CORP               COM              30231G102    46881  1127209          DEFINED 01 02        974028        0   153181
D FPL GROUP INC                  COM              302571104      662     9900          DEFINED 01 02          8932        0      968
D FACTSET RESEARCH SYSTEMS INC   COM              303075105      904    21250          DEFINED 01                0        0    21250
D FREDDIE MAC                    COM              313400301      777    13149          DEFINED 01 02          9264        0     3885
D FANNIE MAE                     COM              313586109     4821    64849          DEFINED 01 02         59343        0     5506
D FEDERATED DEPT STORES INC DEL  COM              31410H101      590    10924          DEFINED 01               24        0    10900
D FEDEX CORP                     COM              31428X106      752    10005          DEFINED 01 02           865        0     9140
D * FIFTH THIRD BANCORP          COM              316773100     2262    40847          DEFINED 01 02         33519        0     7328
D FINANCIAL FEDERAL CORP         COM              317492106     9387   280798          DEFINED 02           280798        0        0
D FIRST DATA CORP                COM              319963104    35512   842323          DEFINED 01 02        824818        0    17505
D * FISERV INC                   COM              337738108     1168    32643          DEFINED 01               96        0    32547
D FLEETBOSTON FINANCIAL CORP     COM              339030108      254     5665          DEFINED 01 02          1067        0     4598
D FLORIDA BANKS INC              COM              340560101      448    20000          DEFINED 01                0        0    20000
D FLORIDA EAST COAST INDS INC    COM              340632108      896    25000          DEFINED 01                0        0    25000
D FLUOR CORP NEW                 COM              343412102      855    22096          DEFINED 01 02         21896        0      200
D FORD MOTOR CO (NEW)            COM              345370860      965    71097          DEFINED 01 02         65029        0     6068
D FORTUNE BRANDS INC             COM              349631101      991    12939          DEFINED 01 02          7178        0     5760
D FORWARD AIR CORP               COM              349853101     1336    40644          DEFINED 01            40644        0        0
D * FROZEN FOOD EXPRESS INDS INC COM              359360104       89    12852          DEFINED 01            12852        0        0
D GABELLI GLOBAL MULTIMEDIA TR   COM              36239Q109     7715   826901          DEFINED 01           825901        0     1000
D GANNETT CO INC                 COM              364730101     1056    11983          DEFINED 01 02          8491        0     3492
D GAP INC                        COM              364760108      323    14756          DEFINED 01 02          1501        0    13255
D GENERAL ELECTRIC CO            COM              369604103    33559  1099581          DEFINED 01 02        758782        0   340798
D GENERAL MILLS INC              COM              370334104     1297    27789          DEFINED 01 02         20833        0     6956
D GENERAL MOTORS CORP            COM              370442105     1376    29207          DEFINED 01 02          6751        0    22456
D * GENTEX CORP                  COM              371901109      400     9214          DEFINED 01               59        0     9155
D GENUINE PARTS CO               COM              372460105      374    11443          DEFINED 01 02          5202        0     6242
D GILLETTE CO                    COM              375766102     2363    60429          DEFINED 01 02         48834        0    11595
D GLADSTONE CAPITAL CORP         COM              376535100     5121   228528          DEFINED 01           228528        0        0
D GLADSTONE COMMERCIAL CORP      COM              376536108     5478   320324          DEFINED 01           316324        0     4000
D GLAXOSMITHKLINE PLC            COM              37733W105      393     9833          DEFINED 01 02          8465        0     1369
D GOLDMAN SACHS GROUP INC        COM              38141G104      253     2421          DEFINED 01 02          2121        0      300
D GRACO INC                      COM              384109104      251     8621          DEFINED 01                0        0     8621
D GREATER BAY BANCORP            COM              391648102    10585   361893          DEFINED 01 02        361893        0        0
D GUIDANT CORP                   COM              401698105      295     4650          DEFINED 01 02           230        0     4420
D GULFTERRA ENERGY PARTNERS LP   COM              40274U108      341     8000          DEFINED 01                0        0     8000
D HSBC HLDGS PLC NEW             COM              404280406      280     3745          DEFINED 01 02           867        0     2878
D HALLIBURTON CO                 COM              406216101      267     8792          DEFINED 01 02          5257        0     3535
D HARLEY DAVIDSON INC            COM              412822108    12405   232566          DEFINED 01 02        211287        0    21280
D HARMAN INTL INDUSTRIES INC NEW COM              413086109     1271    15972          DEFINED 01                0        0    15972
D HARSCO CORP                    COM              415864107     3883    85350          DEFINED 01            85350        0        0
D HEALTHCARE REALTY TRUST INC    COM              421946104      208     4871          DEFINED 01 02          3071        0     1800
D HEARST-ARGYLE TELEVISION INC   COM              422317107      807    29993          DEFINED 01 02         27493        0     2500
D HEARTLAND EXPRESS INC          COM              422347104     4711   206715          DEFINED 02           206715        0        0
D H.J. HEINZ CO                  COM              423074103      535    14356          DEFINED 01 02          6206        0     8150
D HERSHEY FOODS CORP             COM              427866108    16728   201903          DEFINED 01 02        201703        0      200
D HEWLETT-PACKARD CO             COM              428236103     1018    44589          DEFINED 01 02         11931        0    32658
D HIGH INCOME OPPORTUNITY FUND   COM              42967Q105      168    23400          DEFINED 01                0        0    23400
D HILTON HOTELS CORP             COM              432848109    24386  1500688          DEFINED 01 02       1496094        0     4594
D HOME DEPOT INC                 COM              437076102    12857   344137          DEFINED 01 02        261073        0    83064
D HONEYWELL INTERNATIONAL INC    COM              438516106      735    21703          DEFINED 01 02          8162        0    13541
D * HOT TOPIC INC                COM              441339108      890    33665          DEFINED 01              100        0    33565
D HUBBELL INC CLASS B            COM              443510201     3817    95125          DEFINED 01 02         95088        0       37
D IMS HEALTH INC                 COM              449934108      267    11470          DEFINED 01 02         10570        0      900
D ISTAR FINANCIAL INC            COM              45031U101    11645   275306          DEFINED 01 02        275306        0        0
D ILL TOOL WORKS INC             COM              452308109    15237   192309          DEFINED 01 02        192309        0        0
D IMCOR PHARMACEUTICAL CO        COM              45248E106      118    63000          DEFINED 01                0        0    63000
D IMPERIAL OIL LTD NEW           COM              453038408      673    15001          DEFINED 01 02         15001        0        0
D * INERGY L P                   COM              456615103      464    19949          DEFINED 01 02          6807        0    13142
D * INTEL CORP                   COM              458140100     5465   200925          DEFINED 01 02         47353        0   153572
D INTL BUSINESS MACHINES CORP    COM              459200101     5462    59470          DEFINED 01 02         36648        0    22822
D * INTERNATIONAL SPEEDWAY CORP  COM              460335201     3633    77291          DEFINED 01 02         77291        0        0
D * INVESTORS FINL SERVICES CORP COM              461915100      331     8024          DEFINED 01               24        0     8000
D IRON MOUNTAIN INC (PA) NEW     COM              462846106     8359   187296          DEFINED 02           187296        0        0
D ISHARES INC                    COM              464287234     5230    29802          DEFINED 01            28912        0      890
D ISHARES TRUST                  COM              464287242     8459    74310          DEFINED 01            74310        0        0
D ISHARES TRUST                  COM              464287309     7946   143114          DEFINED 01           142960        0      154
D ISHARES TRUST                  COM              464287408     6639   116304          DEFINED 01           116146        0      158
D ISHARES TRUST                  COM              464287457    28828   347454          DEFINED 01           347454        0        0
D ISHARES TRUST                  COM              464287465   114982   812017          DEFINED 01           808069        0     3948
D ISHARES TRUST DOW JONES        COM              464287580    22757   399591          DEFINED 01           399591        0        0
D ISHARES INC                    COM              464287606    92915   749312          DEFINED 01           747183        0     2129
D ISHARES TRUST DOW JONES        COM              464287697     2469    41186          DEFINED 01            38960        0     2226
D ISHARES INC                    COM              464287705    77313   668801          DEFINED 01           666888        0     1913
D ISHARES TRUST-DOW JONES U.S.   COM              464287713     5743   265491          DEFINED 01           211718        0    53773
D ISHARES TRUST DOW JONES U S    COM              464287762    18263   318165          DEFINED 01           318165        0        0
D ISHARES TRUST DOW JONES        COM              464287796      531    10172          DEFINED 01              718        0     9454
D ISHARES TRUST DOW JONES U S    COM              464287812    16152   317632          DEFINED 01           317632        0        0
D ISHARES INC                    COM              464287879    55341   517251          DEFINED 01           515515        0     1736
D ISHARES INC                    COM              464287887    66006   704511          DEFINED 01           702965        0     1546
D JDS UNIPHASE CORP              COM              46612J101       82    20254          DEFINED 01 02          2504        0    17750
D * JLM INDUSTRIES INC           COM              46621D103       37    26611          DEFINED 01            26611        0        0
D JP MORGAN CHASE & CO           COM              46625H100     1415    33734          DEFINED 01 02         19524        0    14210
D JEFFERSON PILOT CORP           COM              475070108      408     7412          DEFINED 01 02             0        0     7412
D JOHNSON & JOHNSON              COM              478160104    36510   719840          DEFINED 01 02        619735        0   100105
D KANEB PIPE LINE PARTNERS L.P.  COM              484169107      849    15865          DEFINED 01 02          5766        0    10099
D KELLOGG CO                     COM              487836108      470    11981          DEFINED 01 02          9981        0     2000
D KERR-MCGEE CORP (HOLDING CO)   COM              492386107     1003    19483          DEFINED 01 02         19483        0        0
D KIMBERLY CLARK CORP            COM              494368103     1753    27781          DEFINED 01 02         17390        0    10391
D KIMCO REALTY CORP              COM              49446R109     7274   142678          DEFINED 01 02        142418        0      260
D KINDER MORGAN ENRGY PARTNRS LP COM              494550106      574    12734          DEFINED 01 02          1134        0    11600
D KRAFT FOODS INC                COM              50075N104      942    29424          DEFINED 01 02          1822        0    27601
D LSI LOGIC CORP                 COM              502161102      126    13500          DEFINED 01                0        0    13500
D LEGGETT AND PLATT              COM              524660107      496    20911          DEFINED 01 02         14976        0     5935
D LEXINGTON CORP PPTYS TRUST SBI COM              529043101      494    22671          DEFINED 01 02          1821        0    20850
D LIBERTY MEDIA CORP NEW         COM              530718105    22400  2045693          DEFINED 01 02       2022728        0    22965
D LIBERTY PROPERTY TRUST         COM              531172104      752    16707          DEFINED 01 02          1057        0    15650
D LIFELINE SYSTEMS INC           COM              532192101     3209   168917          DEFINED 01           168917        0        0
D ELI LILLY AND CO               COM              532457108     1604    23981          DEFINED 01 02         15649        0     8332
D LINCARE HOLDINGS INC           COM              532791100      935    29768          DEFINED 01                0        0    29768
D LINCOLN NATL CONV SECS FD INC  COM              534183108      205    15000          DEFINED 01                0        0    15000
D LOWE'S COMPANIES INC           COM              548661107     3930    70015          DEFINED 01 02         21339        0    48675
D LUCENT TECHNOLOGIES INC        COM              549463107      166    40417          DEFINED 01 02         19612        0    20805
D MBNA CORP                      COM              55262L100     1214    43921          DEFINED 01             1360        0    42561
D MAGELLAN MIDSTREAM PARTNERS LP COM              559080106      316     5756          DEFINED 01                0        0     5756
D MANAGED MUNIS PORTFOLIO INC    COM              561662107     2987   257073          DEFINED 01           257073        0        0
D MARKEL CORP (HOLDING COMPANY)  COM              570535104     5104    17727          DEFINED 02            17727        0        0
D MARRIOTT INTL INC NEW          COM              571903202      209     4911          DEFINED 01 02          4700        0      211
D MASSEY ENERGY COMPANY          COM              576206106      486    22029          DEFINED 01 02         21829        0      200
D MAY DEPARTMENT STORES CO       COM              577778103      612    17700          DEFINED 01 02         17700        0        0
D MAYTAG CORP                    COM              578592107      265     8401          DEFINED 01 02          8401        0        0
D MCDONALD'S CORP                COM              580135101     1096    38350          DEFINED 01 02         23844        0    14506
D MEDCO HEALTH SOLUTIONS INC     COM              58405U102      271     7969          DEFINED 01 02          4963        0     3006
D MEDTRONIC INC                  COM              585055106     6549   137149          DEFINED 01 02        110824        0    26325
D MERCANTILE BANKSHARES CORP.    COM              587405101      613    14275          DEFINED 01                0        0    14275
D MERCK & COMPANY INC            COM              589331107    40656   920030          DEFINED 01 02        860947        0    59083
D MERCURY GENERAL CORP NEW       COM              589400100     2761    55291          DEFINED 01            55091        0      200
D MERRILL LYNCH & CO             COM              590188108      589     9895          DEFINED 01 02          3195        0     6700
D * MICROSOFT CORP               COM              594918104    23743   952380          DEFINED 01 02        820808        0   131572
D MICRO THERAPEUTICS INC NEW     COM              59500W100       53    12500          DEFINED 01            10000        0     2500
D MOHAWK INDUSTRIES INC          COM              608190104      691     8390          DEFINED 02             8390        0        0
D ROBERT MONDAVI CORP            COM              609200100      402    10614          DEFINED 01                0        0    10614
D MORGAN STANLEY NEW             COM              617446448      785    13694          DEFINED 01 02          2818        0    10876
D MOTOROLA INC                   COM              620076109      564    32023          DEFINED 01 02         11105        0    20918
D MYLAN LABORATORIES             COM              628530107      231    10180          DEFINED 01 02           227        0     9954
D NN INC                         COM              629337106     5221   446265          DEFINED 01           446265        0        0
D NATIONAL CITY CORP             COM              635405103     1505    42305          DEFINED 01                1        0    42304
D NATIONAL COMMERCE FINL CORP    COM              63545P104    15850   553996          DEFINED 01 02        544646        0     9350
D NATURAL RESOURCE PARTNERS L P  COM              63900P103      262     6800          DEFINED 01 02          5300        0     1500
D NATUZZI S P A ADR              COM              63905A101     9486   886504          DEFINED 02           886504        0        0
D NEW YORK TIMES CL A            COM              650111107    12912   292120          DEFINED 01 02        284934        0     7186
D NEWELL RUBBERMAID INC          COM              651229106      347    14968          DEFINED 01 02          5513        0     9455
D NICOR INC                      COM              654086107     8720   247511          DEFINED 01 02        247511        0        0
D NOKIA CORP                     COM              654902204     1246    61462          DEFINED 01 02          9527        0    51935
D NORFOLK SOUTHERN CORP          COM              655844108     1154    52234          DEFINED 01 02         26862        0    25372
D NORTH FORK BANCORPORATION (NY) COM              659424105     8017   189441          DEFINED 01 02        189441        0        0
D NORTHERN BORDER PARTNERS L P   COM              664785102     1544    36684          DEFINED 01 02          3201        0    33483
D NVIDIA CORP                    COM              67066G104      232     8770          DEFINED 01                0        0     8770
D NUVEEN DIVIDEND ADVANTAGE      COM              67066V101     3013   189148          DEFINED 01           189048        0      100
D NUVEEN PREFERRED & CONV INCOME COM              67073D102      190    12545          DEFINED 01             8490        0     4055
D OGE ENERGY CORP                COM              670837103      630    23836          DEFINED 01               70        0    23766
D NUVEEN MUNICIPAL VALUE FD INC  COM              670928100     6155   645861          DEFINED 01           635861        0    10000
D OCCIDENTAL PETROLEUM CORP      COM              674599105      577    12539          DEFINED 01 02          1539        0    11000
D * ORACLE CORP                  COM              68389X105     1374   114542          DEFINED 01 02          8791        0   105751
D * O'REILLY AUTOMOTIVE INC      COM              686091109      206     5146          DEFINED 01              151        0     4995
D OWENS-ILLINOIS INC NEW         COM              690768403      182    13000          DEFINED 01                0        0    13000
D * PAYCHEX INC                  COM              704326107      305     8578          DEFINED 01 02           670        0     7908
D PEOPLES BANK                   COM              710198102      335     7201          DEFINED 01                1        0     7200
D PEPSICO INC                    COM              713448108    33979   630999          DEFINED 01 02        613900        0    17099
D PETROFUND ENERGY TRUST         COM              71648W108      357    27000          DEFINED 01                0        0    27000
D PFIZER INC                     COM              717081103    27384   781297          DEFINED 01 02        568130        0   213168
D PIEDMONT NATURAL GAS CO INC    COM              720186105      210     4986          DEFINED 01 02            86        0     4900
D PIMCO HIGH INCOME FUND         COM              722014107      194    13132          DEFINED 01             7832        0     5300
D PLAINS ALL AMERN PIPELINE L.P. COM              726503105      518    14846          DEFINED 01 02         12201        0     2645
D PLANTRONICS INC NEW            COM              727493108     7491   204621          DEFINED 02           204621        0        0
D PLUM CREEK TIMBER CO INC       COM              729251108    15251   469552          DEFINED 01 02        466618        0     2934
D POWERWAVE TECHNOLOGIES INC     COM              739363109      156    20000          DEFINED 01                0        0    20000
D PROCTER & GAMBLE CO            COM              742718109    14023   133701          DEFINED 01 02        114193        0    19508
D PROGRESS ENERGY INC            COM              743263105      898    19071          DEFINED 01 02          7311        0    11760
D PUBLIC STORAGE INC             COM              74460D109     1152    23679          DEFINED 01 02         23679        0        0
D PULITZER INC                   COM              745769109     1100    22807          DEFINED 01 02         19091        0     3716
D PULTE HOMES INC                COM              745867101     1275    22933          DEFINED 01               14        0    22919
D PUTNAM MASTER INCOME TRUST SBI COM              74683K104       72    10797          DEFINED 01              797        0    10000
D QUAKER FABRIC CORP             COM              747399103      785    87370          DEFINED 01                0        0    87370
D * QUALCOMM INC                 COM              747525103      878    13242          DEFINED 01 02           828        0    12414
D QWEST COMMUNICATIONS           COM              749121109       76    17700          DEFINED 01 02          3793        0    13907
D RALCORP HOLDINGS INC NEW       COM              751028101      806    26484          DEFINED 02              304        0    26180
D RAYONIER INC                   COM              754907103    10589   242261          DEFINED 01 02        242261        0        0
D RAYTHEON CO NEW                COM              755111507      711    22702          DEFINED 01 02         21374        0     1328
D REALTY INCOME CORP             COM              756109104     1400    31346          DEFINED 01 02          7845        0    23501
D REAVES UTILITY INCOME FUND     COM              756158101      301    15000          DEFINED 01                0        0    15000
D REGIONS FINANCIAL CORP         COM              758940100      210     5759          DEFINED 01             5359        0      400
D REINSURANCE GROUP OF AMERICA   COM              759351109      252     6164          DEFINED 01                0        0     6163
D * REMEC INC                    COM              759543101      106    13915          DEFINED 01 02          5915        0     8000
D RENAL CARE GROUP INC           COM              759930100      404     8825          DEFINED 01                0        0     8825
D RESMED INC                     COM              761152107      832    18420          DEFINED 01                0        0    18420
D R.J. REYNOLDS TOBACCO HLDGS    COM              76182K105      750    12389          DEFINED 01 02          1302        0    11087
D ROCKWELL AUTOMATION INC        COM              773903109      494    14242          DEFINED 01 02         13607        0      635
D ROCKWELL COLLINS INC           COM              774341101      418    13236          DEFINED 01 02         12836        0      400
D ROYAL BANK OF CANADA           COM              780087102      665    13937          DEFINED 01                0        0    13937
D ROYAL DUTCH PETROLEUM CO #     COM              780257804     3341    70211          DEFINED 01 02         51067        0    19144
D SBC COMMUNICATIONS INC         COM              78387G103     4164   169700          DEFINED 01 02        119947        0    49753
D SLM CORP                       COM              78442P106      424    10141          DEFINED 01               60        0    10081
D ST JOE COMPANY                 COM              790148100     2462    60501          DEFINED 01                1        0    60500
D ST JUDE MEDICAL INC            COM              790849103      389     5400          DEFINED 01 02           400        0     5000
D ST. PAUL COMPANIES INC         COM              792860108      402    10056          DEFINED 01                0        0    10056
D SARA LEE CORP                  COM              803111103     1712    78301          DEFINED 01 02         36924        0    41377
D SCANA CORP NEW                 COM              80589M102     1882    53244          DEFINED 01 02          7312        0    45932
D SCHERING-PLOUGH CORP           COM              806605101     1112    68556          DEFINED 01 02         30602        0    37954
D SCHLUMBERGER LTD               COM              806857108      859    13460          DEFINED 01 02          4078        0     9382
D A. SCHULMAN INC                COM              808194104    14725   749341          DEFINED 01           749341        0        0
D SCOTTS COMPANY                 COM              810186106     3916    61049          DEFINED 01 02         57554        0     3495
D E W SCRIPPS CO NEW CL A        COM              811054204     6965    68883          DEFINED 01 02         68183        0      700
D SELECT SECTOR SPDR TRUST       COM              81369Y100    21838   835758          DEFINED 01           829823        0     5935
D SELECT SECTOR SPDR TRUST       COM              81369Y407    17861   562538          DEFINED 01           562413        0      125
D SECTOR SPDR TRUST (ENERGY)     COM              81369Y506    29715  1012787          DEFINED 01          1012647        0      140
D SECTOR SPDR TRUST (FINANCIAL)  COM              81369Y605    40948  1392804          DEFINED 01          1392804        0        0
D SECTOR SPDR TRUST (INDUSTRIAL) COM              81369Y704    24654   933516          DEFINED 01           932941        0      575
D SECTOR SPDR TRUST (TECHNOLOGY) COM              81369Y803    32872  1630576          DEFINED 01          1630576        0        0
D SECTOR SPDR TRUST (UTILITIES)  COM              81369Y886      325    13345          DEFINED 01              171        0    13174
D SERVICE CORP INTL              COM              817565104      441    58990          DEFINED 01 02         51990        0     7000
D * SIGMA ALDRICH CORP           COM              826552101    13960   252075          DEFINED 01 02        242000        0    10075
D SMITH & WOLLENSKY RESTAURANT   COM              831758107     3051   435847          DEFINED 01           435847        0        0
D J.M. SMUCKER CO NEW            COM              832696405     7420   140582          DEFINED 01 02        139950        0      632
D SNAP-ON INC                    COM              833034101    10988   339751          DEFINED 02           339751        0        0
D * SONICWALL INC                COM              835470105      100    11100          DEFINED 01              100        0    11000
D SOUTHERN COMPANY               COM              842587107    13314   436533          DEFINED 01 02        425403        0    11130
D * SOUTHTRUST CORP              COM              844730101      214     6461          DEFINED 01 02          6461        0        0
D SOUTHWEST AIRLINES CO          COM              844741108      168    11825          DEFINED 01 02          2716        0     9109
D SOVRAN SELF STORAGE INC        COM              84610H108      208     4973          DEFINED 01 02           401        0     4572
D SPRINT CORP (FON GROUP)        COM              852061100      346    18780          DEFINED 01 02          3910        0    14870
D STAR GAS PARTNERS L.P.         COM              85512C105      500    19601          DEFINED 01 02         16101        0     3500
D STATE STREET CORP              COM              857477103      846    16225          DEFINED 01 02          6406        0     9819
D STEWART ENTERPRISES INC        COM              860370105      352    48373          DEFINED 01                0        0    48373
D STREETTRACKS SERIES TRUST      COM              86330E604    22731   137098          DEFINED 01           137098        0        0
D STRYKER CORP                   COM              863667101      381     4308          DEFINED 01 02          1899        0     2409
D * SUN MICROSYSTEMS INC         COM              866810104      755   181004          DEFINED 01 02         13254        0   167750
D SUNGARD DATA SYSTEMS INC       COM              867363103      949    34650          DEFINED 01                0        0    34650
D SUNTRUST BANKS INC             COM              867914103      897    12861          DEFINED 01 02          3130        0     9731
D SURMODICS INC                  COM              868873100      229    11500          DEFINED 01                0        0    11500
D * SYMANTEC CORP                COM              871503108      203     4390          DEFINED 01               70        0     4320
D SYSCO CORPORATION              COM              871829107     6918   177161          DEFINED 01 02         21091        0   156070
D TCF FINANCIAL CORP             COM              872275102    26221   513437          DEFINED 01 02        508437        0     5000
D TECO ENERGY INC                COM              872375100      264    18059          DEFINED 01              166        0    17893
D TEPPCO PARTNERS L.P.           COM              872384102      607    14471          DEFINED 01 02         10611        0     3860
D TII NETWORK TECH INC           COM              872479209       36    20000          DEFINED 01                0        0    20000
D TARGET CORP                    COM              87612E106     8515   189054          DEFINED 01 02        187855        0     1199
D * TEVA PHARMACEUTICAL INDS ADR COM              881624209     2175    34326          DEFINED 01              131        0    34195
D TEXAS INSTRUMENTS INC          COM              882508104      903    30921          DEFINED 01 02         12551        0    18370
D THORNBURG MORTGAGE INC         COM              885218107     1143    36767          DEFINED 01              252        0    36515
D 3M COMPANY                     COM              88579Y101     5128    62639          DEFINED 01 02         54077        0     8562
D TIME WARNER INC                COM              887317105      984    58350          DEFINED 01 02         13890        0    44460
D TRANSCANADA CORP               COM              89353D107      237    11001          DEFINED 01 02         11001        0        0
D TRIBUNE CO NEW                 COM              896047107     5430   107655          DEFINED 01 02        102705        0     4950
D TRIQUINT SEMICONDUCTOR INC #   COM              89674K103       89    12200          DEFINED 01 02           200        0    12000
D TYCO INTERNATIONAL LTD NEW     COM              902124106     2096    73171          DEFINED 01 02         17036        0    56136
D US BANCORP NEW                 COM              902973304     2015    72892          DEFINED 01 02         43249        0    29642
D UNION PACIFIC CORP             COM              907818108     1046    17492          DEFINED 01 02         16242        0     1250
D UNION PLANTERS CORP            COM              908068109      621    20819          DEFINED 01 02          9592        0    11227
D UNITED PARCEL SERVICE INC      COM              911312106      512     7324          DEFINED 01 02          7229        0       95
D UNITED TECHNOLOGIES CORP       COM              913017109     2213    25641          DEFINED 01 02         20397        0     5245
D VAN KAMPEN SENIOR INCOME TRUST COM              920961109     1509   172421          DEFINED 01                1        0   172420
D VARIAN MEDICAL SYSTEMS INC     COM              92220P105    14104   163415          DEFINED 01 02        163415        0        0
D VECTREN CORP                   COM              92240G101    10485   425024          DEFINED 01 02        410068        0    14955
D * VERISIGN INC                 COM              92343E102      176    10600          DEFINED 01 02          1050        0     9550
D VERIZON COMMUNICATIONS         COM              92343V104     2294    62781          DEFINED 01 02         44502        0    18279
D VIACOM INC CL B                COM              925524308      475    12115          DEFINED 01 02          5345        0     6770
D VODAFONE GROUP PLC NEW         COM              92857W100      480    20090          DEFINED 01 02          7701        0    12389
D WD-40 COMPANY                  COM              929236107      274     7822          DEFINED 01                1        0     7821
D W.P. CAREY & CO LLC            COM              92930Y107      325    10505          DEFINED 01 02          7285        0     3220
D WPS RESOURCES CORP             COM              92931B106      618    12934          DEFINED 01 02          9623        0     3311
D WACHOVIA CORP (2ND NEW)        COM              929903102     2352    50054          DEFINED 01 02         10520        0    39534
D WAL-MART STORES INC            COM              931142103    51857   868766          DEFINED 01 02        530937        0   337829
D WALGREEN COMPANY               COM              931422109     4313   130905          DEFINED 01 02        104096        0    26809
D WASHINGTON MUTUAL INC          COM              939322103     1153    26990          DEFINED 01 02         14643        0    12347
D WASHINGTON POST CO CL B        COM              939640108      287      325          DEFINED 02              325        0        0
D WASTE MANAGEMENT INC NEW       COM              94106L109      258     8535          DEFINED 01 02          2385        0     6150
D WELLMAN INC                    COM              949702104       84    10000          DEFINED 01                0        0    10000
D WELLPOINT HEALTH NETWORKS NEW  COM              94973H108      273     2400          DEFINED 01                0        0     2400
D WELLS FARGO & CO NEW           COM              949746101    36932   651707          DEFINED 01 02        620674        0    31033
D WESTWOOD ONE INC               COM              961815107     2984   101320          DEFINED 02           101320        0        0
D WHOLE FOODS MARKET INC         COM              966837106      233     3111          DEFINED 01                0        0     3111
D JOHN WILEY & SONS INC          COM              968223206     2824    94353          DEFINED 01            94353        0        0
D WILMINGTON TRUST CORP          COM              971807102      389    10401          DEFINED 01                1        0    10400
D WYETH                          COM              983024100     2824    75210          DEFINED 01 02         49049        0    26161
D XCEL ENERGY INC                COM              98389B100     1092    61289          DEFINED 01 02          3624        0    57664
D XEROX CORPORATION              COM              984121103      323    22169          DEFINED 01 02         14929        0     7240
D ZEBRA TECHNOLOGIES CORP        COM              989207105    14431   208026          DEFINED 02           208026        0        0
D ZILA INC                       COM              989513205       98    20428          DEFINED 01                0        0    20428
D ZIMMER HOLDINGS INC            COM              98956P102      958    12982          DEFINED 01 02          7087        0     5895
D COOPER INDUSTRIES LTD          COM              G24182100      442     7735          DEFINED 01 02          3805        0     3930
D GLOBALSANTAFE CORPORATION      COM              G3930E101      317    11400          DEFINED 01                0        0    11400
D INGERSOLL-RAND COMPANY LIMITED COM              G4776G101    24183   357473          DEFINED 01 02        357198        0      275
D MONTPELIER RE HOLDINGS LTD     COM              G62185106    13735   368823          DEFINED 01           368823        0        0
D NABORS INDUSTRIES LTD          COM              G6359F103      262     5724          DEFINED 01                0        0     5724
D W.P. STEWART & CO LTD          COM              G84922106    15287   766637          DEFINED 01 02        766637        0        0
D TRANSOCEAN INC                 COM              G90078109      516    18504          DEFINED 01 02          1693        0    16811
D WHITE MTNS INS GROUP LTD       COM              G9618E107    18513    35297          DEFINED 02            35297        0        0
D WILLIS GROUP HOLDINGS LTD      COM              G96655108    10821   290891          DEFINED 01 02        290891        0        0
D XL CAPITAL LTD                 COM              G98255105      268     3519          DEFINED 01                1        0     3519
S REPORT SUMMARY                416 DATA RECORDS             2506864            2 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED