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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 (2016Q3)
Original 13F HR (0001049648-16-000008) filed in 2016.10.11
#
Name
Shares
Value ($)
%
Options
Notes
1 3M Co 8,500 1,498 0.82%
2 ABBOTT LABS 33,149 1,402 0.77%
3 ABBVIE INC 15,150 956 0.52%
4 AMGEN INC 1,200 200 0.11%
5 ANADARKO PETR 27,650 1,752 0.96%
6 ANALOG DEVICES INC 5,970 385 0.21%
7 AT&T INC 24,970 1,014 0.56%
8 AUTOMATIC DATA PROCESSING IN 2,700 238 0.13%
9 AVALONBAY COMM 3,027 538 0.29%
10 BANK AMER CORP 313,091 4,900 2.69%
11 BARD C R INC 2,350 527 0.29%
12 BRIGGS & STRATTON CORP COM 197,475 3,683 2.02%
13 CHEVRON CORP NEW 10,550 1,086 0.60%
14 CISCO SYS INC 197,725 6,272 3.44%
15 COLGATE PALMOLIVE CO 14,950 1,108 0.61%
16 CORNING INC 199,025 4,707 2.58%
17 COSTCO WHSL CORP NEW 11,145 1,700 0.93%
18 CVS HEALTH CORP 76,230 6,784 3.72%
19 DEVON ENERGY CORP NEW 84,268 3,717 2.04%
20 DOVER CORP 10,750 792 0.43%
21 DOW CHEM CO 113,600 5,888 3.23%
22 DU PONT E I DE NEMOURS & CO 39,480 2,644 1.45%
23 DUKE ENERGY CORP NEW 3,602 288 0.16%
24 EOG RES INC 12,550 1,214 0.67%
25 EXXON MOBIL CORP 15,285 1,334 0.73%
26 FEDEX CORP 3,400 594 0.33%
27 GENERAL ELECTRIC CO 230,145 6,817 3.74%
28 GENERAL MLS INC 7,600 485 0.27%
29 GLAXOSMITHKLINE PLC 5,850 252 0.14%
30 HALLIBURTON CO 71,150 3,193 1.75%
31 HOME DEPOT INC 8,700 1,120 0.61%
32 HONEYWELL INTL INC 66,533 7,757 4.25%
33 INTEL CORP 163,029 6,154 3.37%
34 INTERNATIONAL BUSINESS MACHS 4,132 656 0.36%
35 INTL PAPER CO 139,805 6,708 3.68%
36 JOHNSON & JOHNSON 70,965 8,383 4.60%
37 JPMORGAN CHASE & CO 18,218 1,213 0.67%
38 KIMBERLY CLARK CORP 8,250 1,041 0.57%
39 KONINKLIJKE PHILIPS N V 80,416 2,380 1.30%
40 LILLY ELI & CO 6,067 487 0.27%
41 MARATHON OIL CORP 174,304 2,756 1.51%
42 MERCK & CO INC 117,534 7,335 4.02%
43 MICROSOFT CORP 138,934 8,003 4.39%
44 NATIONAL FUEL GAS CO N J 12,650 684 0.38%
45 NOVARTIS A G 15,020 1,186 0.65%
46 Nestle S A Sponsored ADR 45,262 3,577 1.96%
47 PACCAR INC 88,123 5,180 2.84%
48 PAYCHEX INC 20,149 1,166 0.64%
49 PAYPAL HLDGS INC 14,575 597 0.33%
50 PFIZER INC 204,949 6,942 3.81%
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