Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN 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 *
RUSSEL DOUGLAS K
   2. Issuer Name and Ticker or Trading Symbol
ST PAUL TRAVELERS COMPANIES INC [STA] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
SVP, Treas. & Corp Controller
(Last)
(First)
(Middle)
THE ST. PAUL TRAVELERS COMPANIES, INC., 385 WASHINGTON STREET		 3. Date of Earliest Transaction (Month/Day/Year)
10/31/2006
(Street)

ST. PAUL, MN 55102		 4. If Amendment, Date Original Filed(Month/Day/Year)
 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 Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 10/31/2006   M   3,596 A $ 26.14 22,507 D  
Common Stock 10/31/2006   M   1,888 A $ 26.72 24,395 D  
Common Stock 10/31/2006   M   345 A $ 29.82 24,740 D  
Common Stock 10/31/2006   M   116 A $ 34.17 24,856 D  
Common Stock 10/31/2006   M   104 A $ 38.43 24,960 D  
Common Stock 10/31/2006   F   249 D $ 50.4 24,711 D  
Common Stock 10/31/2006   F   1,280 D $ 50.4 23,431 D  
Common Stock 10/31/2006   F   2,410 D $ 50.4 21,021 D  
Common Stock 10/31/2006   S   104 D $ 51.05 20,917 D  
Common Stock 10/31/2006   S   116 D $ 51.05 20,801 D  
Common Stock               262.491 I 401(k) Plan

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (Right to buy) $ 26.14 10/31/2006   M     3,596 11/02/1999 11/02/2008 Common Stock 3,596 $ 0 0 D  
Stock Options (Right to buy) $ 26.72 10/31/2006   M     1,888 09/24/2002 09/24/2007 Common Stock 1,888 $ 0 0 D  
Stock Options (Right to buy) $ 29.82 10/31/2006   M     345 01/19/2000 01/19/2009 Common Stock 345 $ 0 0 D  
Stock Options (Right to buy) $ 34.17 10/31/2006   M     116 06/30/1998 06/30/2008 Common Stock 116 $ 0 0 D  
Stock Options (Right to buy) $ 38.43 10/31/2006   M     104 06/30/1999 06/30/2009 Common Stock 104 $ 0 0 D  
Stock Options (Right to buy) $ 50.4 10/31/2006   A   249   04/30/2007 01/19/2009 Common Stock 249 $ 0 249 D  
Stock Options (Right to buy) $ 50.4 10/31/2006   A   1,280   04/30/2007 09/24/2007 Common Stock 1,280 $ 0 1,280 D  
Stock Options (Right to buy) $ 50.4 10/31/2006   A   2,410   04/30/2007 11/02/2008 Common Stock 2,410 $ 0 2,410 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
RUSSEL DOUGLAS K
THE ST. PAUL TRAVELERS COMPANIES, INC.
385 WASHINGTON STREET
ST. PAUL, MN 55102		       SVP, Treas. & Corp Controller  

Signatures

 Bruce A. Backberg, by power of attorney   11/02/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(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).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

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