0001049648-14-000004.txt : 20141020 0001049648-14-000004.hdr.sgml : 20141020 20141020131019 ACCESSION NUMBER: 0001049648-14-000004 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20140930 FILED AS OF DATE: 20141020 DATE AS OF CHANGE: 20141020 EFFECTIVENESS DATE: 20141020 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: 141163543 BUSINESS ADDRESS: STREET 1: 400 UNICORN PARK DRIVE CITY: WOBURN STATE: MA ZIP: 01801 BUSINESS PHONE: 7819329005 MAIL ADDRESS: STREET 1: 400 UNICORN PARK DRIVE CITY: WOBURN STATE: MA ZIP: 01801 13F-HR 1 primary_doc.xml 13F-HR LIVE false true false 0001049648 XXXXXXXX 09-30-2014 09-30-2014 SALEM CAPITAL MANAGEMENT INC

400 UNICORN PARK DRIVE WOBURN MA 01801

13F HOLDINGS REPORT 028-03625 N Helene C Brodette 781-932-9005 Helene C Brodette Woburn MA 10-20-2014 0 72 214560 false INFORMATION TABLE 2 3QTR2014inftable.XML 3M Company COM 88579y101 1537 10850 SH SOLE 175 0 10675 ABB AB Spons ADR COM 000375204 4368 194925 SH SOLE 30000 0 164925 AT & T Corp. COM 00206R102 835 23683 SH SOLE 1272 0 22411 AbbVie Inc. COM 00287Y109 2562 44350 SH SOLE 0 0 44350 Abbott Laboratories COM 002824100 2243 53925 SH SOLE 2000 0 51925 Anadarko Petroleum COM 032511107 4040 39825 SH SOLE 0 0 39825 Analog Devices COM 032654105 403 8150 SH SOLE 800 0 7350 Automatic Data Proc COM 053015103 357 4300 SH SOLE 0 0 4300 AvalonBay Communities COM 053484101 427 3027 SH SOLE 1031 0 1996 Bank New York Mellon Corp. COM 064058100 202 5226 SH SOLE 0 0 5226 CVS Health Corporation COM 126650100 9284 116654 SH SOLE 13300 0 103354 Caterpillar COM 149123101 267 2700 SH SOLE 0 0 2700 Chevron Corp. COM 166764100 865 7250 SH SOLE 0 0 7250 Cintas Corp COM 172908105 236 3350 SH SOLE 0 0 3350 Cisco Systems COM 17275R102 5342 212250 SH SOLE 30300 0 181950 Coca-Cola Co. COM 191216100 249 5826 SH SOLE 0 0 5826 Colgate Palmolive COM 194162103 988 15150 SH SOLE 4200 0 10950 Conocophillips COM 20825C104 1942 25385 SH SOLE 5000 0 20385 Costco Wholesale Corp. COM 22160k105 1475 11770 SH SOLE 2200 0 9570 Devon Energy COM 25179M103 6016 88244 SH SOLE 7100 0 81144 Dover Corp COM 260003108 614 7645 SH SOLE 1125 0 6520 Dow Chemical COM 260543103 6619 126225 SH SOLE 14400 0 111825 DuPont COM 263534109 7566 105429 SH SOLE 11400 0 94029 Duke Energy Corp. COM 26441C204 246 3293 SH SOLE 633 0 2660 EMC Corp. COM 268648102 5175 176860 SH SOLE 23400 0 153460 EOG Resources, Inc. COM 26875P101 1342 13550 SH SOLE 2950 0 10600 Express Scripts COM 30219G108 206 2922 SH SOLE 0 0 2922 Exxon Mobil COM 30231G102 1210 12870 SH SOLE 2045 0 10825 Fedex Corp. COM 31428X106 476 2950 SH SOLE 500 0 2450 General Electric COM 369604103 6621 258433 SH SOLE 38942 0 219491 General Mills COM 370334104 565 11200 SH SOLE 0 0 11200 Glaxo Smithkline PLC-Spon ADR COM 37733W105 5540 120520 SH SOLE 12900 0 107620 Halliburton Co. COM 406216101 4300 66650 SH SOLE 6900 0 59750 Home Depot Inc. COM 437076102 858 9350 SH SOLE 1800 0 7550 Honeywell Int'l COM 438516106 7285 78234 SH SOLE 11500 0 66734 Int'l Bus Machines COM 459200101 925 4874 SH SOLE 1280 0 3594 Intel COM 458140100 6267 179995 SH SOLE 30245 0 149750 International Paper COM 460146103 6792 142270 SH SOLE 15000 0 127270 JP Morgan Chase & Co. COM 46625H100 570 9468 SH SOLE 4068 0 5400 Johnson & Johnson COM 478160104 8676 81400 SH SOLE 7700 0 73700 Kimberly-Clark COM 494368103 979 9100 SH SOLE 2000 0 7100 Lilly, Eli COM 532457108 464 7150 SH SOLE 1200 0 5950 Management Technologies Inc. COM 561704305 0 50000 SH SOLE 0 0 50000 Marathon Oil Corp. COM 565849106 6607 175775 SH SOLE 17800 0 157975 Merck & Co. COM 58933Y105 7296 123079 SH SOLE 14700 0 108379 Microsoft COM 594918104 7277 156971 SH SOLE 18650 0 138321 National Fuel Gas COM 636180101 1036 14800 SH SOLE 5500 0 9300 Nestle S A ADR COM 641069406 3552 48237 SH SOLE 9675 0 38562 Nextera Enterprises Inc. COM 65332E101 0 30000 SH SOLE 0 0 30000 Novartis AG ADR COM 66987V109 7875 83665 SH SOLE 11150 0 72515 Occidental Petroleum COM 674599105 4774 49650 SH SOLE 4900 0 44750 Paccar Inc. COM 693718108 5402 94987 SH SOLE 15100 0 79887 Paychex Inc COM 704326107 904 20449 SH SOLE 2100 0 18349 Pfizer Inc. COM 717081103 6683 226001 SH SOLE 32600 0 193401 Philips COM 500472303 2925 92241 SH SOLE 17000 0 75241 Plum Creek Timber COM 729251108 988 25325 SH SOLE 1400 0 23925 Procter & Gamble COM 742718109 6382 76218 SH SOLE 9790 0 66428 Qualcomm Inc. COM 747525103 223 2980 SH SOLE 0 0 2980 Questar Corp. COM 748356102 484 21700 SH SOLE 7000 0 14700 Schlumberger, Ltd. COM 806857108 5772 56763 SH SOLE 9025 0 47738 Southern Co. COM 842587107 395 9050 SH SOLE 1250 0 7800 Stryker COM 863667101 319 3950 SH SOLE 0 0 3950 Sysco COM 871829107 240 6333 SH SOLE 0 0 6333 Unilever PLC ADR COM 904767704 7480 178526 SH SOLE 19180 0 159346 Union Pacific Corp. COM 907818108 412 3800 SH SOLE 0 0 3800 United Technologies COM 913017109 3890 36836 SH SOLE 5900 0 30936 Verizon Communications COM 92343V104 4309 86193 SH SOLE 12000 0 74193 Vodafone Group PLC ADR COM 92857W308 4050 123135 SH SOLE 18500 0 104635 Wells Fargo Co. COM 949746101 242 4660 SH SOLE 2660 0 2000 Weyerhaeuser Co. COM 962166104 7217 226532 SH SOLE 26500 0 200032 Exxon Mobil COM 30231G102 329 3500 SH SOLE 0 0 3500 LA Cent Oil&Gas Co. COM 546234204 558 225 SH SOLE 225 0 0