0000872259-12-000008.txt : 20120821
0000872259-12-000008.hdr.sgml : 20120821
20120821150613
ACCESSION NUMBER: 0000872259-12-000008
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20120630
FILED AS OF DATE: 20120821
DATE AS OF CHANGE: 20120821
EFFECTIVENESS DATE: 20120821
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: 121047583
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 13F 6/30/12
FORM 13F INFO RMATIO N TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHO RITY
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 531 19775 SH Sole 19775
JPMorgan Chase & Co 8.625% 46625H621 250 9255 SH Sole 9255
PartnerRe Ltd 7.25% Series E g68603508 321 11975 SH Sole 11975
PNC Financial Svcs Group 6.125 693475857 880 33400 SH Sole 33400
US Bancorp 7.875% Series D 902973882 632 23600 SH Sole 23600
US Bancorp Series G 6.0000% 902973817 2490 90955 SH Sole 90955
Wells Fargo & Company 8% 949746879 1160 38403 SH Sole 38403
3M Company COM 88579Y101 14212 158617 SH Sole 158617
538 6000 SH Defined 6000
851 9500 SH Other 9500
"Aaron's, Inc." COM 002535300 210 7408 SH Sole 7408
Abaxis Inc. COM 002567105 412 11135 SH Sole 11135
ABB Ltd COM 000375204 188 11550 SH Sole 11550
Abbott Laboratories COM 002824100 103445 1604540 SH Sole 1604540
1070 16600 SH Defined 16600
1438 22300 SH Other 22300
22904 355224 SH Shared 355224
Accenture Ltd COM G1151C101 38264 636770 SH Sole 636770
270 4500 SH Defined 4500
7258 120781 SH Other 120781
Adtran Inc. COM 00738A106 227 7525 SH Sole 7525
AGL Resources Inc COM 001204106 6038 155830 SH Sole 155830
Air Products & Chemicals COM 009158106 5478 67854 SH Sole 67854
323 4000 SH Defined 4000
323 4000 SH Other 4000
Airgas Inc. COM 009363102 2785 33145 SH Sole 33145
Allergan Inc. COM 018490102 202 2182 SH Sole 2182
Altria Group Inc COM 02209S103 12934 374342 SH Sole 374342
69 2000 SH Defined 2000
69 2000 SH Other 2000
6877 199041 SH Shared 199041
Amgen Inc. COM 031162100 12330 169113 SH Sole 169113
33 450 SH Defined 450
332 4550 SH Other 4550
3692 50635 SH Shared 50635
Analog Devices Inc. COM 032654105 26102 692915 SH Sole 692915
294 7800 SH Other 7800
11999 318326 SH Shared 318326
Anheuser-Busch Inbev SA ADR COM 03524A108 428 5374 SH Sole 5374
Apache Corporation COM 037411105 22458 255525 SH Sole 255525
75 850 SH Defined 850
1301 14800 SH Other 14800
2281 25959 SH Shared 25959
Apple Inc. COM 037833100 5504 9425 SH Sole 9425
Applied Industrial Tech COM 03820C105 18752 508865 SH Sole 508865
AptarGroup Inc. COM 038336103 9652 189065 SH Sole 189065
97 1900 SH Other 1900
2651 51936 SH Shared 51936
Arc Resources Ltd. COM 00208D408 331 14735 SH Sole 14735
Armanino Foods of Distinction COM 042166801 9 11200 SH Sole 11200
AT&T Inc. COM 00206R102 24462 685989 SH Sole 685989
50 1400 SH Defined 1400
141 3941 SH Other 3941
5382 150826 SH Shared 150826
Atrion Corporation COM 049904105 288 1405 SH Sole 1405
Automatic Data Processing Inc. COM 053015103 42436 762411 SH Sole 762411
334 6000 SH Defined 6000
1447 26000 SH Other 26000
5858 105204 SH Shared 105204
Balchem Corporation COM 057665200 2801 85890 SH Sole 85890
293 9000 SH Other 9000
Bank of New York Mellon Corp. COM 064058100 443 20162 SH Sole 20162
Bank of Nova Scotia COM 064149107 43263 835360 SH Sole 835360
290 5600 SH Other 5600
14465 279274 SH Shared 279274
Bank of the Ozarks Inc. COM 063904106 721 23958 SH Sole 23958
Baxter International COM 071813109 5052 95059 SH Sole 95059
BCE Inc. COM 05534B760 19633 476536 SH Sole 476536
45 1100 SH Defined 1100
272 6600 SH Other 6600
8814 213634 SH Shared 213634
Beam Inc. COM 073730103 403 6456 SH Sole 6456
Becton Dickinson & Co. COM 075887109 36286 485430 SH Sole 485430
912 12200 SH Other 12200
6583 88069 SH Shared 88069
Berkshire Hathaway cl A COM 084670108 4498 36 SH Sole 36
Berkshire Hathaway cl B COM 084670702 5643 67715 SH Sole 67715
321 3850 SH Other 3850
Berry Petroleum cl A COM 085789105 264 6660 SH Sole 6660
BHP Billiton Limited COM 088606108 22759 348530 SH Sole 348530
424 6500 SH Defined 6500
1169 17900 SH Other 17900
2918 44690 SH Shared 44690
"Blackbaud, Inc." COM 09227Q100 260 10130 SH Sole 10130
Blackrock Inc. COM 09247X101 17668 104039 SH Sole 104039
51 300 SH Other 300
6619 38970 SH Shared 38970
BOK Financial Corp. COM 05561Q201 375 6435 SH Sole 6435
BRF-Brasil Foods S.A. COM 10552T107 152 10025 SH Sole 10025
Brinker International COM 109641100 266 8345 SH Sole 8345
Bristol-Myers Squibb Co. COM 110122108 24371 677914 SH Sole 677914
9377 261298 SH Shared 261298
Brookfield Infrastructure Prtn COM G16252101 225 6700 SH Sole 6700
42 1250 SH Defined 1250
42 1250 SH Other 1250
Brown-Forman cl A COM 115637100 231 2436 SH Sole 2436
Brown-Forman cl B COM 115637209 1753 18099 SH Sole 18099
Buckle Inc. COM 118440106 359 9072 SH Sole 9072
"C.H. Robinson Worldwide, Inc." COM 12541W209 16794 286930 SH Sole 286930
4177 71367 SH Shared 71367
"C.R. Bard, Inc." COM 067383109 1753 16313 SH Sole 16313
32 300 SH Other 300
Camden Property Trust COM 133131102 13324 196900 SH Sole 196900
Canadian Energy Service COM 13566W108 139 14600 SH Sole 14600
Canadian Imperial Bank COM 136069101 20983 298308 SH Sole 298308
359 5100 SH Other 5100
7998 113646 SH Shared 113646
Canadian Oil Sands Ltd COM 13643E105 1935 100025 SH Sole 100025
39 2000 SH Defined 2000
39 2000 SH Other 2000
Canon Inc ADR COM 138006309 204 5100 SH Sole 5100
Cantel Medical Corp. COM 138098108 217 7970 SH Sole 7970
Carbo Ceramics Inc. COM 140781105 2025 26392 SH Sole 26392
Caterpillar Inc COM 149123101 3164 37261 SH Sole 37261
Cedar Fair L.P. COM 150185106 301 10058 SH Sole 10058
Central Japan Railway ADR COM 153766100 211 26950 SH Sole 26950
Charles Schwab Corp COM 808513105 369 28500 SH Sole 28500
Chemed Corporation COM 16359R103 882 14585 SH Sole 14585
Chevron Corp COM 166764100 67889 643498 SH Sole 643498
633 6000 SH Defined 6000
1213 11500 SH Other 11500
10534 99804 SH Shared 99804
Chipotle Mexican Grill COM 169656105 337 887 SH Sole 887
Chubb Corp COM 171232101 239 3282 SH Sole 3282
Church & Dwight Co Inc COM 171340102 30696 553377 SH Sole 553377
116 2100 SH Other 2100
10241 184630 SH Shared 184630
Cimarex Energy Co COM 171798101 380 6900 SH Sole 6900
Cincinnati Financial Corp COM 172062101 27007 709406 SH Sole 709406
114 3000 SH Defined 3000
114 3000 SH Other 3000
Cintas Corporation COM 172908105 1201 31108 SH Sole 31108
Cisco Systems Inc. COM 17275R102 2246 130791 SH Sole 130791
77 4500 SH Other 4500
Clorox Company COM 189054109 2423 33434 SH Sole 33434
454 6268 SH Other 6268
Coach Inc COM 189754104 265 4535 SH Sole 4535
Coca-Cola Company COM 191216100 90861 1162059 SH Sole 1162059
1016 13000 SH Defined 13000
2565 32800 SH Other 32800
12518 160073 SH Shared 160073
Colgate-Palmolive Co COM 194162103 2397 23030 SH Sole 23030
ConocoPhillips COM 20825C104 14524 259907 SH Sole 259907
374 6700 SH Defined 6700
257 4600 SH Other 4600
Costco Wholesale Corp COM 22160K105 326 3427 SH Sole 3427
Crescent Point Energy Corp COM 22576C101 9479 254936 SH Sole 254936
3228 86643 SH Shared 86643
CSX Corporation COM 126408103 203 9075 SH Sole 9075
"Cullen/Frost Bankers, Inc." COM 229899109 18851 327908 SH Sole 327908
4973 86502 SH Shared 86502
CVS Caremark Corp. COM 126650100 246 5257 SH Sole 5257
Danaher Corporation COM 235851102 539 10343 SH Sole 10343
Darden Restaurants Inc COM 237194105 14894 294178 SH Sole 294178
6488 128063 SH Shared 128063
Deere & Company COM 244199105 276 3413 SH Sole 3413
Dentsply International Inc COM 249030107 11115 293960 SH Sole 293960
1021 27000 SH Other 27000
Devon Energy Corp COM 25179M103 4411 76065 SH Sole 76065
754 13000 SH Other 13000
Diageo PLC ADS COM 25243Q205 6095 59134 SH Sole 59134
52 500 SH Defined 500
268 2600 SH Other 2600
"Digital Realty Trust, Inc" COM 253868103 33714 449103 SH Sole 449103
586 7800 SH Defined 7800
1028 13700 SH Other 13700
11318 150750 SH Shared 150750
Donaldson Co. Inc. COM 257651109 7170 214870 SH Sole 214870
1602 48000 SH Other 48000
Dover Corporation COM 260003108 22394 417714 SH Sole 417714
54 1000 SH Defined 1000
214 4000 SH Other 4000
6032 112518 SH Shared 112518
Dow Chemical Company COM 260543103 257 8150 SH Sole 8150
Dr. Pepper Snapple Group Inc COM 26138E109 19031 434990 SH Sole 434990
6356 145281 SH Shared 145281
Duke Energy Corp COM 26441C204 5311 230317 SH Sole 230317
DuPont de Nemours & Co. COM 263534109 1229 24305 SH Sole 24305
Ecolab Inc COM 278865100 34691 506220 SH Sole 506220
1624 23700 SH Other 23700
3811 55608 SH Shared 55608
Eli Lilly & Co. COM 532457108 2600 60592 SH Sole 60592
EMC Corporation COM 268648102 443 17275 SH Sole 17275
Emerson Electric Co. COM 291011104 67086 1440227 SH Sole 1440227
238 5100 SH Defined 5100
242 5200 SH Other 5200
14005 300473 SH Shared 300473
Enbridge Energy Partners COM 29250R106 642 20875 SH Sole 20875
31 1000 SH Defined 1000
31 1000 SH Other 1000
Enbridge Inc COM 29250N105 37772 946195 SH Sole 946195
68 1700 SH Defined 1700
782 19600 SH Other 19600
11873 297447 SH Shared 297447
Encana Corp COM 292505104 224 10750 SH Sole 10750
Energy Transfer Partners LP COM 29273R109 611 13825 SH Sole 13825
44 1000 SH Defined 1000
44 1000 SH Other 1000
Enerplus Corporation COM 292766102 582 45222 SH Sole 45222
45 3500 SH Defined 3500
45 3500 SH Other 3500
Ensco plc cl A COM G3157S106 282 6000 SH Sole 6000
Enterprise Products Part LP COM 293792107 490 9558 SH Sole 9558
EOG Resources Inc COM 26875P101 12891 143060 SH Sole 143060
167 1850 SH Other 1850
3270 36295 SH Shared 36295
EPIQ Systems Inc. COM 26882D109 191 15620 SH Sole 15620
Estee Lauder Cos Inc COM 518439104 7600 140420 SH Sole 140420
3539 65394 SH Shared 65394
Expeditors Intl of WA COM 302130109 2630 67867 SH Sole 67867
Express Scripts Holding Co. COM 30219G108 746 13363 SH Sole 13363
Exxon Mobil Corporation COM 30231G102 89348 1044148 SH Sole 1044148
341 3980 SH Defined 3980
2668 31181 SH Other 31181
"FactSet Research Systems, Inc." COM 303075105 458 4925 SH Sole 4925
"Family Dollar Stores, Inc." COM 307000109 590 8873 SH Sole 8873
Fastenal Company COM 311900104 4576 113520 SH Sole 113520
Fidelity National Info Srv COM 31620M106 241 7073 SH Sole 7073
Fifth Third Bancorp COM 316773100 2187 163192 SH Sole 163192
First Financial Bancorp. COM 320209109 271 16942 SH Sole 16942
Fiserv Inc. COM 337738108 3200 44305 SH Sole 44305
Flowers Foods Inc COM 343498101 646 27827 SH Sole 27827
"Franklin Resources, Inc." COM 354613101 216 1950 SH Sole 1950
Fresenius Medical Care AG COM 358029106 210 2975 SH Sole 2975
General Dynamics Corp. COM 369550108 1691 25630 SH Sole 25630
218 3300 SH Other 3300
General Electric Co COM 369604103 17978 862655 SH Sole 862655
700 33600 SH Defined 33600
559 26800 SH Other 26800
General Mills Inc. COM 370334104 26034 675518 SH Sole 675518
5713 148237 SH Shared 148237
Gentex Corporation COM 371901109 1815 86980 SH Sole 86980
Genuine Parts Company COM 372460105 34926 579681 SH Sole 579681
241 4000 SH Defined 4000
488 8100 SH Other 8100
10758 178463 SH Shared 178463
Gilead Sciences Inc. COM 375558103 349 6800 SH Sole 6800
Glaxo Smithkline ADS COM 37733W105 16165 354731 SH Sole 354731
5348 117315 SH Shared 117315
Google Inc COM 38259P508 744 1282 SH Sole 1282
H.J. Heinz Company COM 423074103 22552 414712 SH Sole 414712
9078 161392 SH Shared 161392
Harris Corporation COM 413875105 377 9005 SH Sole 9005
"HCP, Inc." COM 40414L109 13848 313669 SH Sole 313669
6867 155467 SH Shared 155467
HDFC Bank Ltd COM 40415F101 343 10530 SH Sole 10530
Health Care REIT Inc COM 42217K106 15278 262053 SH Sole 262053
58 1000 SH Defined 1000
58 1000 SH Other 1000
7237 124083 SH Shared 124083
Healthcare Services Group COM 421906108 7895 407403 SH Sole 407403
52 2700 SH Defined 2700
52 2700 SH Other 2700
Hershey Co. COM 427866108 376 5220 SH Sole 5220
Hewlett-Packard Co COM 428236103 1185 58949 SH Sole 58949
"Highwoods Properties, Inc." COM 431284108 318 9455 SH Sole 9455
Hill-Rom Holdings Inc. COM 431475102 1594 51673 SH Sole 51673
Hillenbrand Inc. COM 431571108 792 43073 SH Sole 43073
Home Depot Inc. COM 437076102 10236 193173 SH Sole 193173
Honeywell Intl Inc COM 438516106 243 4344 SH Sole 4344
Hubbell Inc cl A COM 443510102 386 5200 SH Sole 5200
Hubbell Inc cl B COM 443510201 2341 30040 SH Sole 30040
Hudson City Bancorp Inc COM 443683107 713 112000 SH Sole 112000
"Huntington Bancshares, Inc." COM 446150104 524 81953 SH Sole 81953
IberiaBank Corporation COM 450828108 435 8620 SH Sole 8620
IBM Corp COM 459200101 77234 394898 SH Sole 394898
1076 5500 SH Defined 5500
3149 16100 SH Other 16100
9016 46100 SH Shared 46100
Igate Corporation COM 45169U105 171 10035 SH Sole 10035
II-VI Inc. COM 902104108 1304 78250 SH Sole 78250
Illinois Tool Works Inc. COM 452308109 47692 901716 SH Sole 901716
873 16500 SH Defined 16500
1211 22900 SH Other 22900
7126 134741 SH Shared 134741
Intel Corporation COM 458140100 87120 3269035 SH Sole 3269035
786 29500 SH Defined 29500
1578 59200 SH Other 59200
19590 735091 SH Shared 735091
"Inter Parfums, Inc." COM 458334109 247 14275 SH Sole 14275
International Flavors&Frag. COM 459506101 222 4052 SH Sole 4052
195 3552 SH Other 3552
"Intuitive Surgical, Inc." COM 46120E602 6184 11167 SH Sole 11167
2215 4000 SH Other 4000
iShares DJ US Technology COM 464287721 2794 39229 SH Sole 39229
iShares Russell 1000 Index COM 464287622 367 4877 SH Sole 4877
iShares Russell 2000 Index COM 464287655 666 8366 SH Sole 8366
iShares Russell Midcap COM 464287499 597 5670 SH Sole 5670
iShares S&P 500 Index COM 464287200 1363 9970 SH Sole 9970
iShares S&P Midcap 400 COM 464287507 429 4555 SH Sole 4555
iShares S&P Small Cap 600 COM 464287804 257 3510 SH Sole 3510
Jack Henry & Associates COM 426281101 5686 164713 SH Sole 164713
JM Smucker Co. COM 832696405 16415 217354 SH Sole 217354
30 393 SH Other 393
4838 64063 SH Shared 64063
Johnson & Johnson COM 478160104 60485 895273 SH Sole 895273
1034 15300 SH Defined 15300
2047 30300 SH Other 30300
4924 72873 SH Shared 72873
"Johnson Controls, Inc." COM 478366107 3216 116057 SH Sole 116057
Joy Global Inc COM 481165108 500 8820 SH Sole 8820
JPMorgan Chase & Co COM 46625H100 875 24488 SH Sole 24488
Kimberly-Clark Corp. COM 494368103 28993 346098 SH Sole 346098
9070 108287 SH Shared 108287
Kinder Morgan Energy L.P. COM 494550106 3687 46921 SH Sole 46921
"Kinder Morgan, Inc. cl P" COM 49456B101 36753 1140678 SH Sole 1140678
242 7500 SH Other 7500
12767 395806 SH Shared 395806
Kraft Foods Inc COM 50075N104 1460 37807 SH Sole 37807
Kroger Company COM 501044101 214 9243 SH Sole 9243
Kubota Corporation COM 501173207 256 5557 SH Sole 5557
Lancaster Colony Corp COM 513847103 622 8735 SH Sole 8735
Leading Brands Inc. COM 52170U207 136 34174 SH Sole 34174
Lockheed Martin Corp. COM 539830109 1391 15969 SH Sole 15969
50 575 SH Defined 575
50 575 SH Other 575
Lowes Companies Inc. COM 548661107 2300 80885 SH Sole 80885
455 16000 SH Defined 16000
683 24000 SH Other 24000
Lufkin Industries Inc COM 549764108 354 6518 SH Sole 6518
MarketAxess Corporation COM 57060D108 225 8450 SH Sole 8450
Mattel Inc. COM 577081102 19387 597616 SH Sole 597616
162 5000 SH Defined 5000
350 10800 SH Other 10800
6985 215025 SH Shared 215025
"McCormick & Co, Inc." COM 579780206 18030 297278 SH Sole 297278
61 1000 SH Defined 1000
546 9000 SH Other 9000
McDonald's Corp. COM 580135101 103909 1173715 SH Sole 1173715
540 6100 SH Defined 6100
2156 24350 SH Other 24350
21789 246158 SH Shared 246158
Medtronic Inc. COM 585055106 816 21067 SH Sole 21067
Merck & Co. Inc. COM 58933Y105 10399 249089 SH Sole 249089
3040 72741 SH Shared 72741
"Meridian Bioscience, Inc." COM 589584101 1929 94302 SH Sole 94302
Micrel Inc. COM 594793101 151 15795 SH Sole 15795
Microchip Technology Inc COM 595017104 2346 70930 SH Sole 70930
33 1000 SH Defined 1000
33 1000 SH Other 1000
Micros Systems Inc. COM 594901100 211 4120 SH Sole 4120
Microsoft Corporation COM 594918104 66196 2163976 SH Sole 2163976
704 23000 SH Defined 23000
1799 58800 SH Other 58800
9064 296297 SH Shared 296297
Mine Safety Appliances Co. COM 602720104 257 6390 SH Sole 6390
Monro Muffler Brake Inc. COM 610236101 253 7597 SH Sole 7597
Monsanto Co COM 61166W101 1851 22356 SH Sole 22356
"MWI Veterinary Supply, Inc." COM 55402X105 203 1980 SH Sole 1980
National Instruments COM 636518102 8055 299904 SH Sole 299904
2696 100392 SH Shared 100392
National Research Corp. COM 637372103 379 7245 SH Sole 7245
National Retail Properties COM 637417106 7394 261375 SH Sole 261375
4223 149186 SH Shared 149186
Neogen Corporation COM 640491106 238 5150 SH Sole 5150
Nestle S.A. ADR COM 641069406 8346 139700 SH Sole 139700
72 1200 SH Defined 1200
72 1200 SH Other 1200
"NextEra Energy, Inc." COM 65339F101 29529 429139 SH Sole 429139
34 500 SH Defined 500
34 500 SH Other 500
5643 82001 SH Shared 82001
Nike Inc cl B COM 654106103 31391 357605 SH Sole 357605
219 2500 SH Defined 2500
1167 13300 SH Other 13300
4706 53618 SH Shared 53618
Noble Energy Inc. COM 655044105 1427 16822 SH Sole 16822
Norfolk Southern Corp COM 655844108 2207 30745 SH Sole 30745
Northeast Utilities COM 664397106 1807 46559 SH Sole 46559
Northern Trust Corp. COM 665859104 992 21565 SH Sole 21565
Novartis AG COM 66987V109 63807 1141453 SH Sole 1141453
872 15600 SH Defined 15600
1845 33000 SH Other 33000
10698 191305 SH Shared 191305
Novo-Nordisk A/S COM 670100205 314 2160 SH Sole 2160
Nucor Corporation COM 670346105 244 6450 SH Sole 6450
Nustar Energy LP COM 67058H102 1257 23320 SH Sole 23320
44 818 SH Defined 818
44 818 SH Other 818
Nve Corporation COM 629445206 668 12420 SH Sole 12420
Oceaneering International COM 675232102 326 6805 SH Sole 6805
OmniCare Inc COM 681904108 222 7118 SH Sole 7118
ONEOK Inc. COM 682680103 47920 1132583 SH Sole 1132583
97 2300 SH Defined 2300
30 700 SH Other 700
16302 19472 SH Shared 19472
"Oneok Partners, L.P." COM 68268N103 4425 82321 SH Sole 82321
107 2000 SH Defined 2000
269 5000 SH Other 5000
Oracle Corporation COM 68389X105 15414 518998 SH Sole 518998
107 3600 SH Defined 3600
5512 185578 SH Shared 185578
Owens & Minor Inc. COM 690732102 225 7349 SH Sole 7349
Paramount Resources Ltd Cl A COM 699320206 399 16600 SH Sole 16600
"Paychex, Inc." COM 704326107 2482 79013 SH Sole 79013
"PepsiCo, Inc." COM 713448108 27263 385833 SH Sole 385833
141 2000 SH Defined 2000
904 12800 SH Other 12800
Perrigo Company COM 714290103 1670 14165 SH Sole 14165
PetroChina Company Limited ADS COM 71646E100 247 1910 SH Sole 1910
Pfizer Inc. COM 717081103 2654 115385 SH Sole 115385
Philip Morris Intl COM 718172109 44239 506976 SH Sole 506976
297 3400 SH Defined 3400
148 1700 SH Other 1700
17057 195387 SH Shared 195387
Phillips 66 COM 718546104 3230 97180 SH Sole 97180
45 1350 SH Defined 1350
10 300 SH Other 300
Piedmont Natural Gas Co. COM 720186105 2318 72014 SH Sole 72014
Plantronics Inc. COM 727493108 211 6320 SH Sole 6320
PNC Financial Services COM 693475105 787 12881 SH Sole 12881
Polaris Industries Inc COM 731068102 392 5480 SH Sole 5480
PowerShares Water Resource COM 73935X575 181 10000 SH Sole 10000
"Praxair, Inc." COM 74005P104 72729 668892 SH Sole 668892
198 1825 SH Defined 1825
1623 14925 SH Other 14925
17237 158540 SH Shared 158540
PriceSmart Inc. COM 741511109 1458 21590 SH Sole 21590
Procter & Gamble Co. COM 742718109 278722 4550558 SH Sole 4550558
2055 33550 SH Defined 33550
9186 149975 SH Other 149975
9781 159529 SH Shared 159529
Pshrs Dividend Achvievers COM 73935X732 602 38299 SH Sole 38299
Qualcomm Inc. COM 747525103 33596 603376 SH Sole 603376
574 10300 SH Defined 10300
952 17100 SH Other 17100
9402 168867 SH Shared 168867
Quality Systems Inc. COM 747582104 790 28730 SH Sole 28730
Range Resources Corp COM 75281A109 2218 35850 SH Sole 35850
186 3000 SH Other 3000
Raven Industries Inc. COM 754212108 303 4360 SH Sole 4360
Rayonier Inc. COM 754907103 673 14998 SH Sole 14998
Raytheon Company COM 755111507 260 4600 SH Sole 4600
Realty Income Corp COM 756109104 14156 338906 SH Sole 338906
125 3000 SH Defined 3000
125 3000 SH Other 3000
5176 123982 SH Shared 123982
Rio Tinto PLC COM 767204100 244 5100 SH Sole 5100
Ritchie Bros. Auctioneers COM 767744105 208 9775 SH Sole 9775
Rollins Inc. COM 775711104 333 14873 SH Sole 14873
Roper Industries Inc. COM 776696106 11081 112403 SH Sole 112403
2937 29796 SH Shared 29796
Royal Dutch Shell CL A COM 780259206 10973 162725 SH Sole 162725
634 9400 SH Defined 9400
634 9400 SH Other 9400
"RPM International, Inc." COM 749685103 35563 1307466 SH Sole 1307466
1115 41000 SH Defined 41000
1115 41000 SH Other 41000
9823 361208 SH Shared 361208
Sanofi ADS COM 80105N105 427 11309 SH Sole 11309
SAP AG COM 803054204 2535 42700 SH Sole 42700
Schlumberger Ltd. COM 806857108 18427 283878 SH Sole 283878
91 1400 SH Other 1400
5047 77750 SH Shared 77750
Scripps Networks Interact. COM 811065101 3209 56439 SH Sole 56439
227 4000 SH Other 4000
Siemens AG ADS COM 826197501 351 4175 SH Sole 4175
Sigma-Aldrich Corporation COM 826552101 5009 67756 SH Sole 67756
SM Energy Company COM 78454L100 404 8218 SH Sole 8218
Sofame Technologies Inc COM 833977101 0 10000 SH Sole 10000
Solera Holdings Inc COM 83421A104 506 12120 SH Sole 12120
"Sourcefire, Inc." COM 83616T108 257 4995 SH Sole 4995
Southern Company COM 842587107 19924 430322 SH Sole 430322
8226 177642 SH Shared 177642
SPDR Gold Trust COM 78463V107 1441 9288 SH Sole 9288
SPDR S&P 500 ETF Trust COM 78462F103 2829 20784 SH Sole 20784
SPDR S&P MidCap 400 ETF COM 78467Y107 423 2468 SH Sole 2468
SPDR Select Technology COM 81369Y803 2427 84505 SH Sole 84505
Spectra Energy Corp COM 847560109 6984 240330 SH Sole 240330
Stans Energy Corp. COM 854722105 14 25000 SH Sole 25000
Steris Corporation COM 859152100 1552 49479 SH Sole 49479
69 2200 SH Other 2200
"Stratasys, Inc." COM 862685104 352 7115 SH Sole 7115
Stryker Corp COM 863667101 27882 506027 SH Sole 506027
628 11400 SH Other 11400
5849 106156 SH Shared 106156
Suncor Energy COM 867224107 1452 50165 SH Sole 50165
72 2500 SH Other 2500
Syngenta AG COM 87160A100 272 3975 SH Sole 3975
Syntel Inc. COM 87162H103 344 5670 SH Sole 5670
Sysco Corporation COM 871829107 6586 220923 SH Sole 220923
51 1700 SH Defined 1700
T Rowe Price Group Inc COM 74144T108 19472 309283 SH Sole 309283
6087 96678 SH Shared 96678
Taiwan Semiconductor COM 874039100 283 20294 SH Sole 20294
Target Corporation COM 87612E106 3552 61043 SH Sole 61043
Taseko Mines Ltd. COM 876511106 69 25775 SH Sole 25775
Teleflex Inc. COM 879369106 4351 71435 SH Sole 71435
225 3700 SH Other 3700
Telefonica S.A. COM 879382208 435 33175 SH Sole 33175
Teva Pharmaceutical COM 881624209 19253 488154 SH Sole 488154
20 500 SH Other 500
3352 84996 SH Shared 84996
"Texas Instruments, Inc." COM 882508104 1575 54907 SH Sole 54907
Textron Inc. COM 883203101 249 10000 SH Sole 10000
"Tim Hortons, Inc." COM 88706M103 560 10630 SH Sole 10630
TJX Companies Inc. COM 872540109 19436 452746 SH Sole 452746
472 11000 SH Other 11000
5411 126051 SH Shared 126051
Tractor Supply Co. COM 892356106 585 7040 SH Sole 7040
Trilogy Energy Corp. COM 89620H105 318 13800 SH Sole 13800
Tupperware Brands Corp. COM 899896104 1581 28880 SH Sole 28880
U.S. Bancorp COM 902973304 58165 1808609 SH Sole 1808609
2476 77000 SH Defined 77000
3377 105000 SH Other 105000
Unilever N.V. COM 904784709 206 6175 SH Sole 6175
Union Pacific Corp. COM 907818108 600 5027 SH Sole 5027
United Natural Foods Inc. COM 911163103 283 5160 SH Sole 5160
United Parcel Service Inc. COM 911312106 435 5525 SH Sole 5525
United Technologies Corp COM 913017109 55859 739561 SH Sole 739561
816 10800 SH Other 10800
11810 156338 SH Shared 156338
V.F. Corporation COM 918204108 562 4210 SH Sole 4210
Valmont Industries Inc COM 920253101 372 3075 SH Sole 3075
Valspar Corporation COM 920355104 1264 24086 SH Sole 24086
Vanguard Info Tech ETF COM 92204A702 3151 45840 SH Sole 45840
"Verizon Communications, Inc." COM 92343V104 8006 180155 SH Sole 180155
489 11000 SH Defined 11000
516 11621 SH Other 11621
Vermilion Energy Inc. COM 923725105 7306 162337 SH Sole 162337
3339 74144 SH Shared 74144
VISA Inc. COM 92826C839 2069 16736 SH Sole 16736
Vodafone Group PLC ADS COM 92857W209 5893 209128 SH Sole 209128
118 4200 SH Defined 4200
268 9500 SH Other 9500
W.W. Grainger Inc. COM 384802104 2427 12689 SH Sole 12689
"Wal-Mart Stores, Inc." COM 931142103 3708 53177 SH Sole 53177
Walgreen Company COM 931422109 7375 249312 SH Sole 249312
284 9600 SH Other 9600
Walt Disney Company COM 254687106 18115 373511 SH Sole 373511
73 1500 SH Defined 1500
315 6500 SH Other 6500
4760 98156 SH Shared 98156
Waste Management Inc. COM 94106L109 19844 594132 SH Sole 594132
33 1000 SH Defined 1000
33 1000 SH Other 1000
6888 206087 SH Shared 206087
Watsco Inc. COM 942622200 262 3550 SH Sole 3550
Wells Fargo & Co COM 949746101 14340 428837 SH Sole 428837
368 11000 SH Defined 11000
1304 39000 SH Other 39000
West Pharmaceutical Svcs COM 955306105 273 5400 SH Sole 5400
Williams Companies Inc COM 969457100 20131 698494 SH Sole 698494
43 1500 SH Defined 1500
43 1500 SH Other 1500
6825 236471 SH Shared 236471
Wisconsin Energy Corp COM 976657106 1982 50100 SH Sole 50100
Wolverine World Wide Inc. COM 978097103 1046 26965 SH Sole 26965
Xilinx Inc. COM 983919101 8541 254420 SH Sole 254420
34 1000 SH Defined 1000
34 1000 SH Other 1000
Xylem Inc. COM 98419M100 1213 48185 SH Sole 48185
91 3600 SH Other 3600
"Yum! Brands, Inc." COM 988498101 1191 18488 SH Sole 18488
Zimmer Holdings Inc COM 98956P102 2314 35959 SH Sole 35959
15 240 SH Defined 240
Franklin Income Fd Class C 353496805 37 16999 SH Sole 16999
George Putnam Balanced Class A 163 12883 SH Sole 12883
Global Crossing EscrowCusip Li 37931K9B9 0 50000 SH Sole 50000
Lazard Emerging Markets Portfo 52106N764 257 14355 SH Sole 14355
Loomis Sayles Fds Strategic In 543487250 199 13412 SH Sole 13412
Oppenheimer Developing Markets 683974505 264 8731 SH Sole 8731
Oppenheimer Gold & Special Min 683910103 1135 40500 SH Sole 40500
Pimco Funds Total Return Incom 693390429 272 24080 SH Sole 24080
Pimco Investment Frade Corp Bo 722008406 135 12395 SH Sole 12395
Transamerica Multi-Manager Int 893962837 467 55703 SH Sole 55703
Vanguard Dividend Growth Fd 921908604 545 33591 SH Sole 33591
Vanguard Windsor Ii Fd Admiral 922018304 376 7611 SH Sole 7611
DE Master Blenders 1753 NV N2563N109 165 13499 SH Sole 13499
Dodge Cox International Stock 256206103 1364 45167 SH Sole 45167
Harbor International Fund Inst 411511306 357 6415 SH Sole 6415
iShares MSCI Asia Ex-Japan 464288182 996 18924 SH Sole 18924
iShr MSCI Canada 464286509 262 10143 SH Sole 10143
iShr MSCI EAFE 464287465 1268 25377 SH Sole 25377
100 2000 SH Defined 2000
100 2000 SH Other 2000
iShr MSCI Emerg Mkts 464287234 2863 73147 SH Sole 73147
iShr MSCI Hong Kong 464286871 530 32325 SH Sole 32325
iShr MSCI Pacific Ex Jap 464286665 3741 91802 SH Sole 91802
iShr MSCI Singapore 464286673 667 54160 SH Sole 54160
Pshrs Intl Div Achievers 73935X716 359 24595 SH Sole 24595
Vanguard FTSE All-World ex-US 922042775 1125 27445 SH Sole 27445
Vanguard MSCI Emer Mkts ETF 922042858 5576 139646 SH Sole 139646
Wisdom Tree Emerging Markets 97717W315 1105 21332 SH Sole 21332
WisdomTree Em Mkt SCap Dv 97717W281 338 7802 SH Sole 7802
LeStage Barbara 3% 10/31/2014 9941183S4 250 250000 SH Sole 250000