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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 (2014Q2)
Original 13F HR (0001049648-14-000003) filed in 2014.07.17
#
Name
Shares
Value ($)
%
Options
Notes
51 NESTLE SA SPONSORED ADR REPSTG 48,437 3,762 1.67%
52 NEWMONT CORP 16,025 408 0.18%
53 NOVARTIS A G 89,845 8,134 3.61%
54 Nextera Enterprises Inc. 30,000 0 0.00%
55 OCCIDENTAL PETE CORP DEL 49,600 5,090 2.26%
56 PACCAR INC 95,912 6,026 2.67%
57 PAYCHEX INC 20,449 850 0.38%
58 PFIZER INC 222,271 6,597 2.93%
59 PLUM CREEK TIMBER 41,525 1,873 0.83%
60 PROCTER AND GAMBLE CO 76,885 6,042 2.68%
61 QUESTAR CORP COM 21,350 529 0.23%
62 ROYAL DUTCH SHELL PLC 2,433 200 0.09%
63 SCHLUMBERGER LTD 59,933 7,069 3.13%
64 SOUTHERN CO 10,350 470 0.21%
65 STRYKER CORP 4,700 396 0.18%
66 SYSCO CORP 6,333 237 0.11%
67 UNILEVER PLC 178,926 8,107 3.60%
68 UNION PAC CORP 3,800 379 0.17%
69 UNITED TECHNOLOGIES CORP 36,691 4,236 1.88%
70 VERIZON COMMUNICATIONS INC 84,634 4,141 1.84%
71 VODAFONE GROUP PLC NEW 101,749 3,397 1.51%
72 WELLS FARGO & CO NEW 4,660 245 0.11%
73 WEYERHAEUSER CO 229,582 7,597 3.37%
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