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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
1 3M Co 10,850 1,554 0.69%
2 ABB LTD 193,475 4,454 1.98%
3 ABBOTT LABS 55,725 2,279 1.01%
4 ABBVIE INC 46,550 2,627 1.16%
5 ANADARKO PETE CORP 45,425 4,973 2.21%
6 ANALOG DEVICES INC 8,950 484 0.21%
7 AT&T INC 22,583 799 0.35%
8 AUTOMATIC DATA PROCESSING IN 4,300 341 0.15%
9 AVALONBAY COMM 3,027 430 0.19%
10 CATERPILLAR INC 2,700 293 0.13%
11 CHEVRON CORP NEW 7,315 955 0.42%
12 CINTAS CORP 3,700 235 0.10%
13 CISCO SYS INC 214,175 5,322 2.36%
14 COCA COLA CO 5,826 247 0.11%
15 COLGATE PALMOLIVE CO 16,556 1,129 0.50%
16 CONOCOPHILLIPS 25,897 2,220 0.98%
17 COSTCO WHSL CORP NEW 11,995 1,381 0.61%
18 CVS HEALTH CORP 121,504 9,158 4.06%
19 DEVON ENERGY CORP NEW 90,308 7,170 3.18%
20 DIEBOLD NXDF INC 110,575 4,442 1.97%
21 DOVER CORP 7,620 693 0.31%
22 DOW CHEM CO 131,825 6,784 3.01%
23 DU PONT E I DE NEMOURS & CO 105,199 6,884 3.05%
24 DUKE ENERGY CORP NEW 3,293 244 0.11%
25 E M C CORP MASS COM 179,085 4,717 2.09%
26 EOG RES INC 14,050 1,642 0.73%
27 EXPRESS SCRIPTS HLDG CO 2,922 203 0.09%
28 EXXON MOBIL CORP 3,500 352 0.16%
29 EXXON MOBIL CORP 10,695 1,077 0.48%
30 FEDEX CORP 2,950 447 0.20%
31 GENERAL ELECTRIC CO 255,308 6,709 2.98%
32 GENERAL MLS INC 11,200 588 0.26%
33 GLAXOSMITHKLINE PLC 114,380 6,117 2.71%
34 HALLIBURTON CO 71,050 5,045 2.24%
35 HOME DEPOT INC 9,350 757 0.34%
36 HONEYWELL INTL INC 79,254 7,367 3.27%
37 INTEL CORP 186,720 5,770 2.56%
38 INTERNATIONAL BUSINESS MACHS 4,874 884 0.39%
39 INTL PAPER CO 135,030 6,815 3.02%
40 JOHNSON & JOHNSON 82,065 8,586 3.81%
41 JPMORGAN CHASE & CO 9,468 542 0.24%
42 KIMBERLY CLARK CORP 9,050 1,007 0.45%
43 KONINKLIJKE PHILIPS N V 89,966 2,857 1.27%
44 LA Cent Oil&Gas Co. 225 551 0.24%
45 LILLY ELI & CO 7,150 445 0.20%
46 MARATHON OIL CORP 176,550 7,048 3.13%
47 MERCK & CO INC 125,759 7,275 3.23%
48 MICROSOFT CORP 159,646 6,657 2.95%
49 Management Technologies Inc. 50,000 0 0.00%
50 NATIONAL FUEL GAS CO N J 14,800 1,159 0.51%
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