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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 GENERAL ELECTRIC CO 258,433 6,621 3.09%
2 WEYERHAEUSER CO 226,532 7,217 3.36%
3 PFIZER INC 226,001 6,683 3.11%
4 CISCO SYS INC 212,250 5,342 2.49%
5 ABB LTD 194,925 4,368 2.04%
6 INTEL CORP 179,995 6,267 2.92%
7 UNILEVER PLC 178,526 7,480 3.49%
8 E M C CORP MASS COM 176,860 5,175 2.41%
9 MARATHON OIL CORP 175,775 6,607 3.08%
10 MICROSOFT CORP 156,971 7,277 3.39%
11 INTL PAPER CO 142,270 6,792 3.17%
12 DOW CHEM CO 126,225 6,619 3.08%
13 VODAFONE GROUP PLC NEW 123,135 4,050 1.89%
14 MERCK & CO INC 123,079 7,296 3.40%
15 GLAXOSMITHKLINE PLC 120,520 5,540 2.58%
16 CVS HEALTH CORP 116,654 9,284 4.33%
17 DU PONT E I DE NEMOURS & CO 105,429 7,566 3.53%
18 PACCAR INC 94,987 5,402 2.52%
19 KONINKLIJKE PHILIPS N V 92,241 2,925 1.36%
20 DEVON ENERGY CORP NEW 88,244 6,016 2.80%
21 VERIZON COMMUNICATIONS INC 86,193 4,309 2.01%
22 NOVARTIS A G 83,665 7,875 3.67%
23 JOHNSON & JOHNSON 81,400 8,676 4.04%
24 HONEYWELL INTL INC 78,234 7,285 3.40%
25 PROCTER AND GAMBLE CO 76,218 6,382 2.97%
26 HALLIBURTON CO 66,650 4,300 2.00%
27 SCHLUMBERGER LTD 56,763 5,772 2.69%
28 ABBOTT LABS 53,925 2,243 1.05%
29 Management Technologies Inc. 50,000 0 0.00%
30 OCCIDENTAL PETE CORP DEL 49,650 4,774 2.23%
31 NESTLE SA SPONSORED ADR REPSTG 48,237 3,552 1.66%
32 ABBVIE INC 44,350 2,562 1.19%
33 ANADARKO PETE CORP 39,825 4,040 1.88%
34 UNITED TECHNOLOGIES CORP 36,836 3,890 1.81%
35 Nextera Enterprises Inc. 30,000 0 0.00%
36 CONOCOPHILLIPS 25,385 1,942 0.91%
37 PLUM CREEK TIMBER 25,325 988 0.46%
38 AT&T INC 23,683 835 0.39%
39 QUESTAR CORP COM 21,700 484 0.23%
40 PAYCHEX INC 20,449 904 0.42%
41 COLGATE PALMOLIVE CO 15,150 988 0.46%
42 NATIONAL FUEL GAS CO N J 14,800 1,036 0.48%
43 EOG RES INC 13,550 1,342 0.63%
44 EXXON MOBIL CORP 12,870 1,210 0.56%
45 COSTCO WHSL CORP NEW 11,770 1,475 0.69%
46 GENERAL MLS INC 11,200 565 0.26%
47 3M Co 10,850 1,537 0.72%
48 JPMORGAN CHASE & CO 9,468 570 0.27%
49 HOME DEPOT INC 9,350 858 0.40%
50 KIMBERLY CLARK CORP 9,100 979 0.46%
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