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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 (2014Q3)
Original 13F HR (0001049648-14-000004) filed in 2014.10.20
#
Name
Shares
Value ($)
%
Options
Notes
1 Management Technologies Inc. 50,000 0 0.00%
2 Nextera Enterprises Inc. 30,000 0 0.00%
3 BANK NEW YORK MELLON CORP 5,226 202 0.09%
4 EXPRESS SCRIPTS HLDG CO 2,922 206 0.10%
5 QUALCOMM INC 2,980 223 0.10%
6 CINTAS CORP 3,350 236 0.11%
7 SYSCO CORP 6,333 240 0.11%
8 WELLS FARGO & CO NEW 4,660 242 0.11%
9 DUKE ENERGY CORP NEW 3,293 246 0.11%
10 COCA COLA CO 5,826 249 0.12%
11 CATERPILLAR INC 2,700 267 0.12%
12 STRYKER CORP 3,950 319 0.15%
13 EXXON MOBIL CORP 3,500 329 0.15%
14 AUTOMATIC DATA PROCESSING IN 4,300 357 0.17%
15 SOUTHERN CO 9,050 395 0.18%
16 ANALOG DEVICES INC 8,150 403 0.19%
17 UNION PAC CORP 3,800 412 0.19%
18 AVALONBAY COMM 3,027 427 0.20%
19 LILLY ELI & CO 7,150 464 0.22%
20 FEDEX CORP 2,950 476 0.22%
21 QUESTAR CORP COM 21,700 484 0.23%
22 LA Cent Oil&Gas Co. 225 558 0.26%
23 GENERAL MLS INC 11,200 565 0.26%
24 JPMORGAN CHASE & CO 9,468 570 0.27%
25 DOVER CORP 7,645 614 0.29%
26 AT&T INC 23,683 835 0.39%
27 HOME DEPOT INC 9,350 858 0.40%
28 CHEVRON CORP NEW 7,250 865 0.40%
29 PAYCHEX INC 20,449 904 0.42%
30 INTERNATIONAL BUSINESS MACHS 4,874 925 0.43%
31 KIMBERLY CLARK CORP 9,100 979 0.46%
32 COLGATE PALMOLIVE CO 15,150 988 0.46%
33 PLUM CREEK TIMBER 25,325 988 0.46%
34 NATIONAL FUEL GAS CO N J 14,800 1,036 0.48%
35 EXXON MOBIL CORP 12,870 1,210 0.56%
36 EOG RES INC 13,550 1,342 0.63%
37 COSTCO WHSL CORP NEW 11,770 1,475 0.69%
38 3M Co 10,850 1,537 0.72%
39 CONOCOPHILLIPS 25,385 1,942 0.91%
40 ABBOTT LABS 53,925 2,243 1.05%
41 ABBVIE INC 44,350 2,562 1.19%
42 KONINKLIJKE PHILIPS N V 92,241 2,925 1.36%
43 NESTLE SA SPONSORED ADR REPSTG 48,237 3,552 1.66%
44 UNITED TECHNOLOGIES CORP 36,836 3,890 1.81%
45 ANADARKO PETE CORP 39,825 4,040 1.88%
46 VODAFONE GROUP PLC NEW 123,135 4,050 1.89%
47 HALLIBURTON CO 66,650 4,300 2.00%
48 VERIZON COMMUNICATIONS INC 86,193 4,309 2.01%
49 ABB LTD 194,925 4,368 2.04%
50 OCCIDENTAL PETE CORP DEL 49,650 4,774 2.23%
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