Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  LACHER JOSEPH P JR
 2. Date of Event Requiring Statement (Month/Day/Year)
01/26/2005		 3. Issuer Name and Ticker or Trading Symbol
ST PAUL TRAVELERS COMPANIES INC [STA]
(Last)
(First)
(Middle)
THE ST. PAUL TRAVELERS COMPANIES, INC., 385 WASHINGTON STREET		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Executive Vice President
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

ST. PAUL, MN 55102		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 47,476
D
 
Common Stock 119.3782
I
401(k) Plan
Common Stock 47
I
By spouse

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (Right to buy) 06/30/1998(1) 06/30/2007 Common Stock 169 $ 23.64 D  
Stock Options (Right to buy) 03/24/2005 09/24/2007 Common Stock 460 $ 34.15 D  
Stock Options (Right to buy) 06/30/1999(1) 06/30/2008 Common Stock 116 $ 34.17 D  
Stock Options (Right to buy) 06/01/2004 11/30/2008 Common Stock 943 $ 36 D  
Stock Options (Right to buy) 03/24/2004 09/24/2007 Common Stock 271 $ 36.71 D  
Stock Options (Right to buy) 01/25/2007(2) 01/25/2015 Common Stock 30,925 $ 36.97 D  
Stock Options (Right to buy) 01/25/2009(3) 01/25/2015 Common Stock 82,466 $ 36.97 D  
Stock Options (Right to buy) 05/03/2004 11/02/2008 Common Stock 853 $ 37.61 D  
Stock Options (Right to buy) 10/23/2003 10/27/2005 Common Stock 221 $ 37.98 D  
Stock Options (Right to buy) 06/30/2000(1) 06/30/2009 Common Stock 104 $ 38.43 D  
Stock Options (Right to buy) 11/15/2003 11/02/2008 Common Stock 742 $ 38.47 D  
Stock Options (Right to buy) 02/04/2004 09/24/2007 Common Stock 424 $ 38.54 D  
Stock Options (Right to buy) 11/16/2003 09/24/2007 Common Stock 421 $ 39.09 D  
Stock Options (Right to buy) 07/13/2004 11/02/2008 Common Stock 96 $ 40.87 D  
Stock Options (Right to buy) 04/27/2006(2) 04/27/2014 Common Stock 22,434 $ 42.55 D  
Stock Options (Right to buy) 03/22/2003(1) 03/22/2012 Common Stock 54,175 $ 42.69 D  
Stock Options (Right to buy) 10/19/2004 09/24/2007 Common Stock 152 $ 42.7 D  
Stock Options (Right to buy) 10/20/2004 11/30/2008 Common Stock 844 $ 42.85 D  
Stock Options (Right to buy) 07/18/2001(4) 04/18/2010 Common Stock 14,387 $ 49.42 D  
Stock Options (Right to buy) 05/02/2002 11/02/2008 Common Stock 726 $ 51.44 D  
Stock Options (Right to buy) 06/30/2001(1) 06/30/2010 Common Stock 76 $ 52.4 D  
Stock Options (Right to buy) 05/30/2002 11/30/2008 Common Stock 753 $ 53.79 D  
Stock Options (Right to buy) 09/27/2002 10/27/2005 Common Stock 196 $ 54.66 D  
Stock Options (Right to buy) 05/30/2001 11/30/2008 Common Stock 748 $ 54.98 D  
Stock Options (Right to buy) 01/24/2002 07/24/2006 Common Stock 512 $ 55.85 D  
Stock Options (Right to buy) 01/13/2001 02/24/2006 Common Stock 3,325 $ 55.99 D  
Stock Options (Right to buy) 01/13/2001 07/24/2006 Common Stock 1,533 $ 55.99 D  
Stock Options (Right to buy) 05/02/2001 11/02/2008 Common Stock 690 $ 57.49 D  
Stock Options (Right to buy) 07/16/2002(5) 01/16/2011 Common Stock 8,992 $ 59.08 D  
Stock Options (Right to buy) 01/24/2001 07/24/2006 Common Stock 504 $ 59.22 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
LACHER JOSEPH P JR
THE ST. PAUL TRAVELERS COMPANIES, INC.
385 WASHINGTON STREET
ST. PAUL, MN 55102		       Executive Vice President  

Signatures

Anthony M. Pepper, Attorney-in-Fact 02/04/2005
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Option vests over five years in 20% annual increments beginning one year after the date of grant. The date exercisable reported in the table is the first 20% vesting date.
(2) The option vests in the following installments: (i) 50% of the option shares on the second anniversary of the grant date and (ii) 25% of the option shares on each of the third and fourth anniversaries of the grant date. The date exercisable reported in the table is the first 50% vesting date.
(3) The option vests in the following installments: (i) 50% of the option shares on the fourth anniversary of the grant date and (ii) 50% of the option shares on the fifth anniversary of the grant date. The date exercisable reported in the table is the first 50% vesting date.
(4) Option vests over five years in 20% annual increments beginning fifteen months after the date of grant. The date exercisable reported in the table is the first 20% vesting date.
(5) Option vests over five years in 20% annual increments beginning eighteen months after the date of grant. The date exercisable reported in the table is the first 20% vesting date.

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