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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 HALLIBURTON CO 71,050 5,045 2.24%
52 OCCIDENTAL PETE CORP DEL 49,600 5,090 2.26%
53 CISCO SYS INC 214,175 5,322 2.36%
54 INTEL CORP 186,720 5,770 2.56%
55 PACCAR INC 95,912 6,026 2.67%
56 PROCTER AND GAMBLE CO 76,885 6,042 2.68%
57 GLAXOSMITHKLINE PLC 114,380 6,117 2.71%
58 PFIZER INC 222,271 6,597 2.93%
59 MICROSOFT CORP 159,646 6,657 2.95%
60 GENERAL ELECTRIC CO 255,308 6,709 2.98%
61 DOW CHEM CO 131,825 6,784 3.01%
62 INTL PAPER CO 135,030 6,815 3.02%
63 DU PONT E I DE NEMOURS & CO 105,199 6,884 3.05%
64 MARATHON OIL CORP 176,550 7,048 3.13%
65 SCHLUMBERGER LTD 59,933 7,069 3.13%
66 DEVON ENERGY CORP NEW 90,308 7,170 3.18%
67 MERCK & CO INC 125,759 7,275 3.23%
68 HONEYWELL INTL INC 79,254 7,367 3.27%
69 WEYERHAEUSER CO 229,582 7,597 3.37%
70 UNILEVER PLC 178,926 8,107 3.60%
71 NOVARTIS A G 89,845 8,134 3.61%
72 JOHNSON & JOHNSON 82,065 8,586 3.81%
73 CVS HEALTH CORP 121,504 9,158 4.06%
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