-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, PAcCwo7gZ8F4l1DbIqqw83k3NOi+ilo1wo/g3Z3lAR9BsE6w4rlFzrctju4vFxGt wAKICwLhBLUloM/0jH/xsA== 0001049648-10-000005.txt : 20101007 0001049648-10-000005.hdr.sgml : 20101007 20101007152502 ACCESSION NUMBER: 0001049648-10-000005 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20100930 FILED AS OF DATE: 20101007 DATE AS OF CHANGE: 20101007 EFFECTIVENESS DATE: 20101007 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SALEM CAPITAL MANAGEMENT INC CENTRAL INDEX KEY: 0001049648 IRS NUMBER: 043044036 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-03625 FILM NUMBER: 101113906 BUSINESS ADDRESS: STREET 1: 200 UNICORN PARK DRIVE CITY: WOBURN STATE: MA ZIP: 01801 BUSINESS PHONE: 7819329005 MAIL ADDRESS: STREET 1: 200 UNICORN PARK DRIVE CITY: WOBURN STATE: MA ZIP: 01801 13F-HR 1 inftable093010.txt 13 F FILING United States Securities and Exchange Commission Washington, D.C. 20549 Form 13F Form 13F cover page Report for the Calendar Year or Quarter Ended: September 30, 2010 Check here if Amendment [ ]; Amendment Number: This Amendment (check only one): [ ] is a restatement. [ ] adds new holding entries. Institutional Investment Manager Filing this Report: Name: Salem Capital Management Address: 200 Unicorn Park Drive Woburn, MA 01801 Form 13F File Number: 28-03625 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists and tables, are considered integral parts of this form. Person signing this report on behalf of reporting Manager: Name: Helene C. Brodette Title: Systems Manager Phone: 781-932-9005 Signature, Place, and Date of Signing /s/ Helene C. Brodette Woburn, MA October 7, 2010 Report Type (check only one): [ X ] 13F Holdings Report [ ] 13F Notice [ ] 13f combination report Form 13F summary page Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 73 Form 13F Information Table Value Total: 196114(X$1000) List of Other Included Managers: NONE FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- Comcast Corp PFD 7% PFD 20030N408 209 8000 SH Sole 4000 4000 Genl Elec Capital Corp. PFD 6% PFD 369622451 208 8000 SH Sole 4000 4000 3M Company COM 88579y101 1957 22565 SH Sole 3575 18990 AT & T Corp. COM 00206R102 568 19856 SH Sole 1272 18584 Abbott Laboratories COM 002824100 1087 20800 SH Sole 20800 Alcoa Inc. COM 013817101 1733 143100 SH Sole 18500 124600 Anadarko Petroleum COM 032511107 5658 99175 SH Sole 15600 83575 Analog Devices COM 032654105 3700 117900 SH Sole 4000 113900 Atmos Energy Corp COM 049560105 1521 52000 SH Sole 52000 AvalonBay Communities COM 053484101 538 5179 SH Sole 1823 3356 Barrick Gold Corp COM 067901108 9995 215929 SH Sole 25814 190115 Baxter Int'l COM 071813109 344 7200 SH Sole 7200 Berkshire Hathaway CL B COM 084670207 2141 25900 SH Sole 5350 20550 Best Buy Co. Inc. COM 086516101 4656 114025 SH Sole 15900 98125 CVS/Caremark Corp. COM 126650100 6262 198980 SH Sole 29700 169280 Caterpillar COM 149123101 220 2800 SH Sole 2800 Chevron Corp. COM 166764100 646 7965 SH Sole 7965 Cisco Systems COM 17275R102 852 38925 SH Sole 3800 35125 Colgate Palmolive COM 194162103 740 9628 SH Sole 4303 5325 Conocophillips COM 20825C104 4161 72462 SH Sole 12800 59662 Corning COM 219350105 4918 269050 SH Sole 36250 232800 Costco Wholesale Corp. COM 22160k105 1038 16092 SH Sole 4047 12045 Devon Energy COM 25179M103 6521 100726 SH Sole 11100 89626 Dow Chemical COM 260543103 2592 94400 SH Sole 14500 79900 DuPont COM 263534109 5054 113262 SH Sole 11100 102162 Duke Energy Corp. COM 26441C105 3259 184032 SH Sole 13216 170816 EMC Corp. COM 268648102 1912 94150 SH Sole 21600 72550 EOG Resources, Inc. COM 26875P101 1013 10900 SH Sole 3500 7400 EnCana COM 292505104 3839 127000 SH Sole 22700 104300 Exxon Mobil COM 30231G102 1002 16217 SH Sole 2630 13587 Fedex Corp. COM 31428X106 269 3150 SH Sole 500 2650 General Electric COM 369604103 5165 317816 SH Sole 62442 255374 General Mills COM 370334104 592 16212 SH Sole 5012 11200 Glaxo Smithkline PLC-Spon ADR COM 37733W105 4484 113450 SH Sole 13900 99550 Halliburton Co. COM 406216101 1167 35275 SH Sole 1100 34175 Hewlett-Packard COM 428236103 2251 53502 SH Sole 4300 49202 Home Depot Inc. COM 437076102 437 13800 SH Sole 4950 8850 Honeywell Int'l COM 438516106 5251 119493 SH Sole 20518 98975 Int'l Bus Machines COM 459200101 907 6760 SH Sole 1450 5310 Intel COM 458140100 3355 174716 SH Sole 40945 133771 International Paper COM 460146103 2146 98650 SH Sole 16200 82450 JP Morgan Chase & Co. COM 46625H100 297 7808 SH Sole 4458 3350 Johnson & Johnson COM 478160104 6574 106108 SH Sole 20400 85708 Kimberly-Clark COM 494368103 5121 78725 SH Sole 11800 66925 Lilly, Eli COM 532457108 2650 72550 SH Sole 13600 58950 MDU Resources Group COM 552690109 3801 190525 SH Sole 20600 169925 Marathon Oil Corp. COM 565849106 5021 151700 SH Sole 20800 130900 Medtronic Inc. COM 585055106 383 11400 SH Sole 2000 9400 Merck & Co. COM 58933Y105 4737 128685 SH Sole 20300 108385 Microsoft COM 594918104 3915 159858 SH Sole 30300 129558 National Fuel Gas COM 636180101 806 15550 SH Sole 5800 9750 Nestle S A ADR COM 641069406 4017 75187 SH Sole 20825 54362 Newmont Mining Corp. COM 651639106 6509 103624 SH Sole 15100 88524 Novartis AG ADR COM 66987V109 5689 98640 SH Sole 13900 84740 Paccar Inc. COM 693718108 581 12073 SH Sole 5400 6673 Paychex Inc COM 704326107 918 33411 SH Sole 5337 28074 Pfizer Inc. COM 717081103 4189 243954 SH Sole 45800 198154 Philips Elec ADR COM 500472303 3501 111783 SH Sole 16700 95083 Plum Creek Timber COM 729251108 454 12850 SH Sole 2400 10450 Procter & Gamble COM 742718109 6368 106186 SH Sole 15382 90804 QEP Resources COM 74733V100 609 20200 SH Sole 7000 13200 Questar Corp. COM 748356102 354 20200 SH Sole 7000 13200 Schlumberger, Ltd. COM 806857108 4681 75978 SH Sole 12800 63178 Southern Co. COM 842587107 5156 138450 SH Sole 15950 122500 Stryker COM 863667101 501 10000 SH Sole 2600 7400 Sysco COM 871829107 269 9433 SH Sole 9433 Unilever PLC ADR COM 904767704 6679 229530 SH Sole 28100 201430 Union Pacific Corp. COM 907818108 273 3332 SH Sole 3332 United Technologies COM 913017109 2504 35151 SH Sole 9600 25551 Walgreen Co. COM 931422109 3720 111050 SH Sole 21850 89200 Exxon Mobil COM 30231G102 216 3500 SH Sole 3500 Int'l Bus Machines COM 459200101 844 6293 SH Sole 6293 LA Cent Oil & Gas Co. COM 546234204 411 225 SH Sole 225
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