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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 (2016Q2)
Original 13F HR (0001049648-16-000007) filed in 2016.07.11
#
Name
Shares
Value ($)
%
Options
Notes
1 JOHNSON AND JOHNSON 72,785 8,829 5.09%
2 HONEYWELL INTERNATIONAL INC 67,077 7,802 4.50%
3 WEYERHAEUSER CO 254,982 7,591 4.38%
4 UNILEVER PLC ADR 156,506 7,498 4.32%
5 CVS HEALTH CORP 76,430 7,317 4.22%
6 GENERAL ELECTRIC CO 231,545 7,289 4.20%
7 PFIZER INC 204,469 7,199 4.15%
8 MICROSOFT CORP 140,059 7,167 4.13%
9 MERCK AND CO INC 117,484 6,768 3.90%
10 INTERNATIONAL PAPER CO 140,965 5,974 3.44%
11 CISCO SYSTEMS INC 197,725 5,673 3.27%
12 PROCTER AND GAMBLE CO 66,273 5,611 3.23%
13 DOW CHEMICAL CO 112,075 5,571 3.21%
14 INTEL CORP 160,029 5,249 3.03%
15 PACCAR INC 89,423 4,638 2.67%
16 VERIZON COMMUNICATIONS INC 77,156 4,308 2.48%
17 VODAFONE GROUP PLC NEW SPNSR ADR NO PAR 136,868 4,228 2.44%
18 CORNING INC 194,525 3,984 2.30%
19 BANK OF AMERICA CORP 290,541 3,855 2.22%
20 SCHLUMBERGER LTD 47,299 3,740 2.16%
21 BRIGGS & STRATTON 175,575 3,719 2.14%
22 Nestle SA Sponsored ADR 45,637 3,528 2.03%
23 HALLIBURTON CO 71,820 3,253 1.88%
24 E.I. DU PONT DE NEMOURS AND CO 47,230 3,061 1.76%
25 DEVON ENERGY CORP 83,918 3,042 1.75%
26 WESTROCK CO 73,959 2,875 1.66%
27 MARATHON OIL CORP 175,504 2,634 1.52%
28 NOVARTIS AG NAMEN ADR 25,994 2,145 1.24%
29 KONINKLIJKE PHILIPS N V 75,175 1,875 1.08%
30 Costco Wholesale Corp 11,395 1,789 1.03%
31 3M COMPANY 9,100 1,594 0.92%
32 ANADARKO PETE CORP 27,650 1,472 0.85%
33 EXXON MOBIL CORP 15,385 1,442 0.83%
34 ABBOTT LABORATORIES 33,773 1,328 0.77%
35 KIMBERLY CLARK CORP 8,950 1,230 0.71%
36 PAYCHEX INC 20,149 1,199 0.69%
37 HOME DEPOT INC 8,800 1,124 0.65%
38 ATANDT INC 25,970 1,122 0.65%
39 CHEVRON CORP 10,550 1,106 0.64%
40 COLGATE-PALMOLIVE CO 14,950 1,094 0.63%
41 EOG RESOURCES INC 12,550 1,047 0.60%
42 ABBVIE INC 15,150 938 0.54%
43 JPMORGAN CHASE AND CO 15,018 933 0.54%
44 DOVER CORP 11,275 782 0.45%
45 NATIONAL FUEL GAS CO N J 13,400 762 0.44%
46 INTERNATIONAL BUSINESS MACHINES CORP 4,874 740 0.43%
47 GENERAL MILLS 9,400 670 0.39%
48 BARD C R INC COM 2,350 553 0.32%
49 AVALONBAY CMNTYS INC 3,027 546 0.31%
50 FEDEX CORP 3,400 516 0.30%
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