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Institutional Investment Manager
SALEM CAPITAL MANAGEMENT INC
SALEM CAPITAL MANAGEMENT INC (CIK: 0001049648) incorporated in Massachusetts, located at 400 Unicorn Park Drive, Woburn, MA. Institutional holdings reported to the SEC.

Institutional Holdings (2014Q1)
Original 13F HR (0001049648-14-000002) filed in 2014.04.08
#
Name
Shares
Value ($)
%
Options
Notes
1 3M Co 11,950 1,621 0.71%
2 ABB LTD 201,875 5,206 2.28%
3 ABBOTT LABS 57,125 2,200 0.96%
4 ABBVIE INC 49,575 2,548 1.12%
5 ANADARKO PETE CORP 49,225 4,172 1.83%
6 ANALOG DEVICES INC 8,950 476 0.21%
7 AT&T INC 23,583 827 0.36%
8 AUTOMATIC DATA PROCESSING IN 4,300 332 0.15%
9 AVALONBAY COMM 3,027 398 0.17%
10 BARRICK GOLD CORP 29,548 527 0.23%
11 CATERPILLAR INC 2,700 268 0.12%
12 CHEVRON CORP NEW 7,315 870 0.38%
13 CINTAS CORP 4,050 241 0.11%
14 CISCO SYS INC 221,150 4,957 2.17%
15 COCA COLA CO 5,520 213 0.09%
16 COLGATE PALMOLIVE CO 16,556 1,074 0.47%
17 CONOCOPHILLIPS 29,162 2,052 0.90%
18 CORNING INC 9,700 202 0.09%
19 COSTCO WHSL CORP NEW 13,542 1,512 0.66%
20 CVS HEALTH CORP 125,830 9,420 4.13%
21 DEVON ENERGY CORP NEW 93,443 6,254 2.74%
22 DIEBOLD NXDF INC 117,775 4,698 2.06%
23 DOVER CORP 7,075 578 0.25%
24 DOW CHEM CO 138,475 6,729 2.95%
25 DU PONT E I DE NEMOURS & CO 109,301 7,334 3.21%
26 DUKE ENERGY CORP NEW 3,293 235 0.10%
27 E M C CORP MASS COM 184,060 5,045 2.21%
28 EOG RES INC 7,150 1,403 0.61%
29 EXPRESS SCRIPTS HLDG CO 2,922 219 0.10%
30 EXXON MOBIL CORP 10,995 1,074 0.47%
31 EXXON MOBIL CORP 3,500 342 0.15%
32 FEDEX CORP 2,950 391 0.17%
33 GENERAL ELECTRIC CO 261,973 6,782 2.97%
34 GENERAL MLS INC 11,200 580 0.25%
35 GLAXOSMITHKLINE PLC 118,175 6,314 2.77%
36 HALLIBURTON CO 75,950 4,473 1.96%
37 HERTZ GLOBAL HOLDINGS INC COM 182,725 4,868 2.13%
38 HOME DEPOT INC 9,350 740 0.32%
39 HONEYWELL INTL INC 81,819 7,590 3.32%
40 INTEL CORP 193,345 4,991 2.19%
41 INTERNATIONAL BUSINESS MACHS 4,974 957 0.42%
42 INTL PAPER CO 136,885 6,280 2.75%
43 JOHNSON & JOHNSON 85,018 8,351 3.66%
44 JPMORGAN CHASE & CO 9,468 575 0.25%
45 KIMBERLY CLARK CORP 8,775 967 0.42%
46 KONINKLIJKE PHILIPS N V 92,391 3,248 1.42%
47 LA Cent Oil&Gas Co. 225 574 0.25%
48 LILLY ELI & CO 7,150 421 0.18%
49 MARATHON OIL CORP 183,775 6,528 2.86%
50 MERCK & CO INC 129,784 7,368 3.23%
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